Addnode Group AB (publ) (ANOD-B) - Net Assets
Based on the latest financial reports, Addnode Group AB (publ) (ANOD-B) has net assets worth Skr2.73 Billion SEK (≈ $294.11 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr9.80 Billion ≈ $1.05 Billion USD) and total liabilities (Skr7.07 Billion ≈ $760.52 Million USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Addnode Group AB (publ) (ANOD-B) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr2.73 Billion |
| % of Total Assets | 27.89% |
| Annual Growth Rate | 9.06% |
| 5-Year Change | 61.43% |
| 10-Year Change | 183.31% |
| Growth Volatility | 8.75 |
Addnode Group AB (publ) - Net Assets Trend (2006–2025)
This chart illustrates how Addnode Group AB (publ)'s net assets have evolved over time, based on quarterly financial data. Also explore Addnode Group AB (publ) balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Addnode Group AB (publ) (2006–2025)
The table below shows the annual net assets of Addnode Group AB (publ) from 2006 to 2025. For live valuation and market cap data, see Addnode Group AB (publ) stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr2.73 Billion ≈ $294.11 Million |
+11.19% |
| 2024-12-31 | Skr2.46 Billion ≈ $264.52 Million |
+16.16% |
| 2023-12-31 | Skr2.12 Billion ≈ $227.72 Million |
+5.54% |
| 2022-12-31 | Skr2.00 Billion ≈ $215.77 Million |
+18.43% |
| 2021-12-31 | Skr1.69 Billion ≈ $182.19 Million |
+11.97% |
| 2020-12-31 | Skr1.51 Billion ≈ $162.72 Million |
+7.23% |
| 2019-12-31 | Skr1.41 Billion ≈ $151.74 Million |
+5.30% |
| 2018-12-31 | Skr1.34 Billion ≈ $144.10 Million |
+36.28% |
| 2017-12-31 | Skr982.51 Million ≈ $105.73 Million |
+1.85% |
| 2016-12-31 | Skr964.66 Million ≈ $103.81 Million |
+5.24% |
| 2015-12-31 | Skr916.64 Million ≈ $98.65 Million |
+5.04% |
| 2014-12-31 | Skr872.67 Million ≈ $93.91 Million |
+4.57% |
| 2013-12-31 | Skr834.50 Million ≈ $89.81 Million |
+5.12% |
| 2012-12-31 | Skr793.83 Million ≈ $85.43 Million |
+2.72% |
| 2011-12-31 | Skr772.80 Million ≈ $83.17 Million |
+8.11% |
| 2010-12-31 | Skr714.80 Million ≈ $76.92 Million |
+19.02% |
| 2009-12-31 | Skr600.56 Million ≈ $64.63 Million |
+2.07% |
| 2008-12-31 | Skr588.40 Million ≈ $63.32 Million |
+16.58% |
| 2007-12-31 | Skr504.70 Million ≈ $54.31 Million |
-4.03% |
| 2006-12-31 | Skr525.90 Million ≈ $56.60 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Addnode Group AB (publ)'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr410.00 Million | 15.00% |
| Other Components | Skr2.32 Billion | 85.00% |
| Total Equity | Skr2.73 Billion | 100.00% |
Addnode Group AB (publ) Competitors by Market Cap
The table below lists competitors of Addnode Group AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cashway Technology Co Ltd
SHG:603106
|
$677.90 Million |
|
Sichuan Zhongguang Lightning Protection Technologies Co Ltd
SHE:300414
|
$677.92 Million |
|
JSE Limited
JSE:JSE
|
$678.17 Million |
|
Changzhou Langbo Seal Polytron Technologies Co Ltd Class A
SHG:603655
|
$678.46 Million |
|
Yujin Robot Co. Ltd
KQ:056080
|
$677.48 Million |
|
Beijing Tianyishangjia New Material Corp Ltd
SHG:688033
|
$677.06 Million |
|
HELLOFRESH UNSP.ADS/025
F:HFG0
|
$677.03 Million |
|
Wuhan Hiteck Biological Pharma Co Ltd
SHE:300683
|
$676.90 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Addnode Group AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,458,000,000 to 2,733,000,000, a change of 275,000,000 (11.2%).
- Net income of 384,000,000 contributed positively to equity growth.
- Dividend payments of 154,000,000 reduced retained earnings.
- New share issuances of 11,000,000 increased equity.
- Other comprehensive income decreased equity by 114,000,000.
- Other factors increased equity by 148,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr384.00 Million | +14.05% |
| Dividends Paid | Skr154.00 Million | -5.63% |
| Share Issuances | Skr11.00 Million | +0.4% |
| Other Comprehensive Income | Skr-114.00 Million | -4.17% |
| Other Changes | Skr148.00 Million | +5.42% |
| Total Change | Skr- | 11.19% |
Book Value vs Market Value Analysis
This analysis compares Addnode Group AB (publ)'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.35x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 8.15x to 2.35x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2006-12-31 | Skr5.87 | Skr47.85 | x |
| 2007-12-31 | Skr5.63 | Skr47.85 | x |
| 2008-12-31 | Skr6.68 | Skr47.85 | x |
| 2009-12-31 | Skr6.36 | Skr47.85 | x |
| 2010-12-31 | Skr6.35 | Skr47.85 | x |
| 2011-12-31 | Skr6.86 | Skr47.85 | x |
| 2012-12-31 | Skr7.01 | Skr47.85 | x |
| 2013-12-31 | Skr7.25 | Skr47.85 | x |
| 2014-12-31 | Skr7.37 | Skr47.85 | x |
| 2015-12-31 | Skr7.63 | Skr47.85 | x |
| 2016-12-31 | Skr7.93 | Skr47.85 | x |
| 2017-12-31 | Skr8.07 | Skr47.85 | x |
| 2018-12-31 | Skr10.45 | Skr47.85 | x |
| 2019-12-31 | Skr10.55 | Skr47.85 | x |
| 2020-12-31 | Skr11.31 | Skr47.85 | x |
| 2021-12-31 | Skr12.62 | Skr47.85 | x |
| 2022-12-31 | Skr15.00 | Skr47.85 | x |
| 2023-12-31 | Skr15.86 | Skr47.85 | x |
| 2024-12-31 | Skr18.43 | Skr47.85 | x |
| 2025-12-31 | Skr20.40 | Skr47.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Addnode Group AB (publ) utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 14.05%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 6.63%
- • Asset Turnover: 0.59x
- • Equity Multiplier: 3.59x
- Recent ROE (14.05%) is above the historical average (11.86%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 19.49% | 16.30% | 0.75x | 1.60x | Skr49.91 Million |
| 2007 | 9.02% | 5.72% | 0.92x | 1.70x | Skr-4.97 Million |
| 2008 | 15.64% | 8.97% | 1.05x | 1.65x | Skr33.16 Million |
| 2009 | 7.12% | 4.32% | 1.09x | 1.52x | Skr-17.31 Million |
| 2010 | 7.16% | 4.83% | 0.92x | 1.61x | Skr-20.28 Million |
| 2011 | 13.70% | 8.14% | 1.08x | 1.56x | Skr28.62 Million |
| 2012 | 10.91% | 6.33% | 1.02x | 1.69x | Skr7.19 Million |
| 2013 | 7.54% | 4.36% | 0.94x | 1.85x | Skr-20.52 Million |
| 2014 | 11.48% | 6.27% | 1.03x | 1.78x | Skr12.93 Million |
| 2015 | 10.42% | 5.02% | 1.01x | 2.06x | Skr3.82 Million |
| 2016 | 8.53% | 3.75% | 1.11x | 2.06x | Skr-14.13 Million |
| 2017 | 9.11% | 3.55% | 0.96x | 2.67x | Skr-8.70 Million |
| 2018 | 11.35% | 5.17% | 0.96x | 2.30x | Skr18.10 Million |
| 2019 | 9.15% | 3.76% | 1.08x | 2.25x | Skr-12.00 Million |
| 2020 | 10.78% | 4.28% | 1.00x | 2.53x | Skr11.80 Million |
| 2021 | 13.17% | 5.47% | 0.94x | 2.55x | Skr53.70 Million |
| 2022 | 19.05% | 6.14% | 1.00x | 3.09x | Skr181.50 Million |
| 2023 | 13.19% | 3.76% | 1.03x | 3.40x | Skr67.40 Million |
| 2024 | 16.35% | 5.18% | 0.90x | 3.49x | Skr156.20 Million |
| 2025 | 14.05% | 6.63% | 0.59x | 3.59x | Skr110.70 Million |
Industry Comparison
This section compares Addnode Group AB (publ)'s net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $723,786,444
- Average return on equity (ROE) among peers: 14.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Addnode Group AB (publ) (ANOD-B) | Skr2.73 Billion | 19.49% | 2.59x | $677.70 Million |
| Avensia publ AB (AVEN) | $41.34 Million | 40.75% | 4.32x | $31.16 Million |
| B3 Consulting Group AB (B3) | $39.59 Million | 47.97% | 3.54x | $27.46 Million |
| CAG Group AB (publ) (CAG) | $298.92 Million | 17.88% | 0.97x | $84.08 Million |
| CombinedX AB (CX) | $318.30 Million | 11.06% | 0.88x | $75.98 Million |
| Dustin Group AB (DUST) | $4.68 Billion | 7.63% | 2.06x | $243.95 Million |
| Exsitec Holding AB (EXS) | $147.68 Million | 1.86% | 0.47x | $163.32 Million |
| Fram Skandinavien AB Series B (FRAM-B) | $62.64 Million | -29.16% | 0.08x | $1.74 Million |
| Know IT AB (KNOW) | $844.27 Million | 16.39% | 0.91x | $232.74 Million |
| Novotek AB (NTEK-B) | $84.93 Million | 11.87% | 0.42x | $63.85 Million |
About Addnode Group AB (publ)
Addnode Group AB (publ) offers software and services for the design, construction, product data information, project collaboration, and facility management in Sweden, Nordic countries, the United States, the United Kingdom, Germany, and internationally. It operates through three divisions: Design Management, Product Lifecycle Management (PLM), and Process Management. The Design Management divisio… Read more