Addnode Group AB (publ) (ANOD-B) - Net Assets
Based on the latest financial reports, Addnode Group AB (publ) (ANOD-B) has net assets worth Skr2.84 Billion SEK (≈ $306.06 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr9.49 Billion ≈ $1.02 Billion USD) and total liabilities (Skr6.64 Billion ≈ $715.11 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 how strategically is Addnode Group AB (publ)'s equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr2.84 Billion |
| % of Total Assets | 29.97% |
| 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. For live market cap and overall valuation, see Addnode Group AB (publ) market cap and net worth.
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. Also explore ANOD-B net assets growth trend to track the company's year-over-year net asset growth rate.
| 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 grown by 170200000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr1.70 Billion | 62.28% |
| Common Stock | Skr410.00 Million | 15.00% |
| Other Comprehensive Income | Skr-81.00 Million | -2.96% |
| Other Components | Skr702.00 Million | 25.69% |
| 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 |
|---|---|
|
Nuh Cimento Sanayi AS
IS:NUHCM
|
$687.01 Million |
|
Argus Shanghai Textile Chemicals Co Ltd
SHG:603790
|
$687.17 Million |
|
Advanced Wireless Semiconductor Co
TWO:8086
|
$687.24 Million |
|
Vats Liquor Chain Store Management Joint Stock Co Ltd
SHE:300755
|
$687.37 Million |
|
Mega First Corporation Bhd
KLSE:3069
|
$686.10 Million |
|
United States Antimony Corporation
NYSE:UAMY
|
$686.10 Million |
|
Basilea Pharmaceutica AG
SW:BSLN
|
$686.09 Million |
|
Comintel Corporation Berhad
KLSE:7195
|
$686.03 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 195,000,000.
- Other factors increased equity by 229,000,000.
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-195.00 Million | -7.14% |
| Other Changes | Skr229.00 Million | +8.38% |
| 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: 2.38x
- 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 8.25x to 2.38x 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 | Skr48.45 | x |
| 2007-12-31 | Skr5.63 | Skr48.45 | x |
| 2008-12-31 | Skr6.68 | Skr48.45 | x |
| 2009-12-31 | Skr6.36 | Skr48.45 | x |
| 2010-12-31 | Skr6.35 | Skr48.45 | x |
| 2011-12-31 | Skr6.86 | Skr48.45 | x |
| 2012-12-31 | Skr7.01 | Skr48.45 | x |
| 2013-12-31 | Skr7.25 | Skr48.45 | x |
| 2014-12-31 | Skr7.37 | Skr48.45 | x |
| 2015-12-31 | Skr7.63 | Skr48.45 | x |
| 2016-12-31 | Skr7.93 | Skr48.45 | x |
| 2017-12-31 | Skr8.07 | Skr48.45 | x |
| 2018-12-31 | Skr10.45 | Skr48.45 | x |
| 2019-12-31 | Skr10.55 | Skr48.45 | x |
| 2020-12-31 | Skr11.31 | Skr48.45 | x |
| 2021-12-31 | Skr12.62 | Skr48.45 | x |
| 2022-12-31 | Skr15.00 | Skr48.45 | x |
| 2023-12-31 | Skr15.86 | Skr48.45 | x |
| 2024-12-31 | Skr18.43 | Skr48.45 | x |
| 2025-12-31 | Skr20.40 | Skr48.45 | 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: $304,481,444
- Average return on equity (ROE) among peers: 21.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Addnode Group AB (publ) (ANOD-B) | Skr2.84 Billion | 19.49% | 2.34x | $686.20 Million |
| Avensia publ AB (AVEN) | $62.85 Million | 29.73% | 1.40x | $22.69 Million |
| B3 Consulting Group AB (B3) | $110.66 Million | 21.89% | 2.16x | $23.04 Million |
| CAG Group AB (publ) (CAG) | $64.64 Million | 33.50% | 2.11x | $68.65 Million |
| CombinedX AB (CX) | $375.90 Million | 18.86% | 0.68x | $83.22 Million |
| Dustin Group AB (DUST) | $521.58 Million | 16.32% | 3.33x | $243.09 Million |
| Exsitec Holding AB (EXS) | $510.13 Million | 16.83% | 1.20x | $169.82 Million |
| Fram Skandinavien AB Series B (FRAM-B) | $353.00K | 19.55% | 1.67x | $1.43 Million |
| Know IT AB (KNOW) | $951.20 Million | 20.44% | 0.89x | $270.84 Million |
| Novotek AB (NTEK-B) | $143.01 Million | 19.89% | 0.95x | $62.77 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 segments: Design Management, Product Lifecycle Management (PLM), and Process Management. The Design Management segment … Read more