Betsson AB (BETS-B) - Net Assets
Based on the latest financial reports, Betsson AB (BETS-B) has net assets worth Skr877.00 Million SEK (≈ $94.38 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr1.46 Billion ≈ $157.39 Million USD) and total liabilities (Skr585.50 Million ≈ $63.01 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 BETS-B asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr877.00 Million |
| % of Total Assets | 59.97% |
| Annual Growth Rate | 24.22% |
| 5-Year Change | 70.92% |
| 10-Year Change | 150.14% |
| Growth Volatility | 70.38 |
Betsson AB - Net Assets Trend (2001–2024)
This chart illustrates how Betsson AB's net assets have evolved over time, based on quarterly financial data. Also explore BETS-B asset base for the complete picture of this company's asset base.
Annual Net Assets for Betsson AB (2001–2024)
The table below shows the annual net assets of Betsson AB from 2001 to 2024. For live valuation and market cap data, see Betsson AB market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr857.70 Million ≈ $92.30 Million |
+12.97% |
| 2023-12-31 | Skr759.20 Million ≈ $81.70 Million |
+17.20% |
| 2022-12-31 | Skr647.80 Million ≈ $69.71 Million |
+14.12% |
| 2021-12-31 | Skr567.64 Million ≈ $61.09 Million |
+13.12% |
| 2020-12-31 | Skr501.80 Million ≈ $54.00 Million |
+7.28% |
| 2019-12-31 | Skr467.77 Million ≈ $50.34 Million |
+4.80% |
| 2018-12-31 | Skr446.33 Million ≈ $48.03 Million |
+19.55% |
| 2017-12-31 | Skr373.35 Million ≈ $40.18 Million |
+2.09% |
| 2016-12-31 | Skr365.71 Million ≈ $39.36 Million |
+6.66% |
| 2015-12-31 | Skr342.89 Million ≈ $36.90 Million |
+5.36% |
| 2014-12-31 | Skr325.45 Million ≈ $35.02 Million |
+41.88% |
| 2013-12-31 | Skr229.38 Million ≈ $24.68 Million |
+25.16% |
| 2012-12-31 | Skr183.27 Million ≈ $19.72 Million |
+22.51% |
| 2011-12-31 | Skr149.60 Million ≈ $16.10 Million |
+62.87% |
| 2010-12-31 | Skr91.85 Million ≈ $9.88 Million |
+14.78% |
| 2009-12-31 | Skr80.02 Million ≈ $8.61 Million |
+21.73% |
| 2008-12-31 | Skr65.74 Million ≈ $7.07 Million |
-0.45% |
| 2007-12-31 | Skr66.04 Million ≈ $7.11 Million |
+21.14% |
| 2006-12-31 | Skr54.51 Million ≈ $5.87 Million |
+8.17% |
| 2005-12-31 | Skr50.39 Million ≈ $5.42 Million |
+355.82% |
| 2004-12-31 | Skr11.06 Million ≈ $1.19 Million |
+28.32% |
| 2003-12-31 | Skr8.62 Million ≈ $927.16K |
+6.12% |
| 2002-12-31 | Skr8.12 Million ≈ $873.70K |
+38.96% |
| 2001-12-31 | Skr5.84 Million ≈ $628.72K |
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Equity Component Analysis
This analysis shows how different components contribute to Betsson AB'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 68945040112.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr684.20 Million | 78.73% |
| Common Stock | Skr9.40 Million | 1.08% |
| Other Comprehensive Income | Skr29.90 Million | 3.44% |
| Other Components | Skr145.60 Million | 16.75% |
| Total Equity | Skr869.10 Million | 100.00% |
Betsson AB Competitors by Market Cap
The table below lists competitors of Betsson AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Alimak Hek Group AB
ST:ALIG
|
$1.24 Billion |
|
Kontron AG
VI:KTN
|
$1.24 Billion |
|
Olo Inc
NYSE:OLO
|
$1.24 Billion |
|
Nexus AG
F:NXU
|
$1.24 Billion |
|
Refrigeration Electrical Engineering Corp
VN:REE
|
$1.24 Billion |
|
Dowlais Group Plc
LSE:DWL
|
$1.24 Billion |
|
Tilaknagar Industries Limited
NSE:TI
|
$1.24 Billion |
|
Godrej Agrovet Limited
NSE:GODREJAGRO
|
$1.24 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Betsson AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 770,000,000 to 869,100,000, a change of 99,100,000 (12.9%).
- Net income of 181,300,000 contributed positively to equity growth.
- Share repurchases of 90,200,000 reduced equity.
- Other comprehensive income decreased equity by 221,694,433.
- Other factors increased equity by 229,994,433.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr181.30 Million | +20.86% |
| Share Repurchases | Skr90.20 Million | -10.38% |
| Other Comprehensive Income | Skr-221.69 Million | -25.51% |
| Other Changes | Skr229.99 Million | +26.46% |
| Total Change | Skr- | 12.87% |
Book Value vs Market Value Analysis
This analysis compares Betsson AB'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: 14.97x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 988.10x to 14.97x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | Skr0.10 | Skr93.90 | x |
| 2002-12-31 | Skr0.13 | Skr93.90 | x |
| 2003-12-31 | Skr0.09 | Skr93.90 | x |
| 2004-12-31 | Skr0.11 | Skr93.90 | x |
| 2005-12-31 | Skr0.44 | Skr93.90 | x |
| 2006-12-31 | Skr0.46 | Skr93.90 | x |
| 2007-12-31 | Skr0.56 | Skr93.90 | x |
| 2008-12-31 | Skr0.56 | Skr93.90 | x |
| 2009-12-31 | Skr0.68 | Skr93.90 | x |
| 2010-12-31 | Skr0.78 | Skr93.90 | x |
| 2011-12-31 | Skr1.24 | Skr93.90 | x |
| 2012-12-31 | Skr1.45 | Skr93.90 | x |
| 2013-12-31 | Skr1.77 | Skr93.90 | x |
| 2014-12-31 | Skr2.38 | Skr93.90 | x |
| 2015-12-31 | Skr2.48 | Skr93.90 | x |
| 2016-12-31 | Skr2.64 | Skr93.90 | x |
| 2017-12-31 | Skr2.70 | Skr93.90 | x |
| 2018-12-31 | Skr3.22 | Skr93.90 | x |
| 2019-12-31 | Skr3.38 | Skr93.90 | x |
| 2020-12-31 | Skr3.63 | Skr93.90 | x |
| 2021-12-31 | Skr4.16 | Skr93.90 | x |
| 2022-12-31 | Skr4.74 | Skr93.90 | x |
| 2023-12-31 | Skr5.74 | Skr93.90 | x |
| 2024-12-31 | Skr6.27 | Skr93.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Betsson AB 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): 20.86%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 16.38%
- • Asset Turnover: 0.81x
- • Equity Multiplier: 1.57x
- Recent ROE (20.86%) is above the historical average (19.29%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -90.24% | -18.78% | 2.60x | 1.85x | Skr-5.83 Million |
| 2002 | 1.25% | 0.33% | 2.40x | 1.57x | Skr-692.46K |
| 2003 | 2.10% | 0.59% | 2.20x | 1.63x | Skr-642.84K |
| 2004 | 10.21% | 3.16% | 2.07x | 1.56x | Skr22.59K |
| 2005 | 38.06% | 40.33% | 0.77x | 1.23x | Skr13.95 Million |
| 2006 | 12.74% | 15.98% | 0.66x | 1.21x | Skr1.49 Million |
| 2007 | 30.66% | 29.59% | 0.76x | 1.35x | Skr13.63 Million |
| 2008 | 37.13% | 25.76% | 0.90x | 1.60x | Skr17.83 Million |
| 2009 | 36.97% | 23.34% | 0.93x | 1.70x | Skr21.58 Million |
| 2010 | 44.29% | 22.81% | 1.08x | 1.80x | Skr31.49 Million |
| 2011 | 39.56% | 30.39% | 0.76x | 1.70x | Skr44.22 Million |
| 2012 | 34.72% | 24.86% | 0.75x | 1.87x | Skr45.30 Million |
| 2013 | 27.66% | 22.69% | 0.70x | 1.73x | Skr40.50 Million |
| 2014 | 25.07% | 25.39% | 0.61x | 1.63x | Skr49.05 Million |
| 2015 | 26.37% | 22.35% | 0.65x | 1.82x | Skr56.14 Million |
| 2016 | 25.07% | 21.33% | 0.66x | 1.79x | Skr55.10 Million |
| 2017 | 21.45% | 16.68% | 0.69x | 1.86x | Skr42.74 Million |
| 2018 | 23.49% | 19.89% | 0.73x | 1.63x | Skr60.21 Million |
| 2019 | 16.07% | 15.22% | 0.67x | 1.57x | Skr28.41 Million |
| 2020 | 19.98% | 15.75% | 0.77x | 1.64x | Skr49.83 Million |
| 2021 | 18.55% | 16.18% | 0.73x | 1.58x | Skr48.57 Million |
| 2022 | 18.42% | 15.39% | 0.76x | 1.57x | Skr54.67 Million |
| 2023 | 22.54% | 18.29% | 0.79x | 1.56x | Skr96.53 Million |
| 2024 | 20.86% | 16.38% | 0.81x | 1.57x | Skr94.39 Million |
Industry Comparison
This section compares Betsson AB's net assets metrics with peer companies in the Gambling industry.
Industry Context
- Industry: Gambling
- Average net assets among peers: $29,822,038
- Average return on equity (ROE) among peers: -244.91%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Betsson AB (BETS-B) | Skr877.00 Million | -90.24% | 0.67x | $1.24 Billion |
| Acroud AB (ACROUD) | $465.22K | 0.27% | 112.14x | $18.99 Million |
| Evolution AB (publ) (EVO) | $109.88 Million | 56.54% | 0.52x | $13.77 Billion |
| Gaming Corps AB (GCOR) | $3.28 Million | -1300.16% | 1.29x | $14.06 Million |
| Kambi Group PLC (KAMBI) | $39.97 Million | 18.79% | 0.42x | $460.22 Million |
| Tangiamo Touch Technology AB (TANGI) | $-4.49 Million | 0.00% | 0.00x | $956.09K |
About Betsson AB
Betsson AB (publ), through its subsidiaries, invests in and manages online gaming business in the Nordic countries, Latin America, Western Europe, Central and Eastern Europe, Central Asia, and internationally. The company offers casino games, including slots, table games, and live casino; sportsbook that offers online betting on a various sports and events; and other games, such as poker, bingo, … Read more