Binero Group AB (BINERO) - Net Assets
Based on the latest financial reports, Binero Group AB (BINERO) has net assets worth Skr131.30 Million SEK (≈ $14.13 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr403.60 Million ≈ $43.43 Million USD) and total liabilities (Skr272.30 Million ≈ $29.30 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 Binero Group AB asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr131.30 Million |
| % of Total Assets | 32.53% |
| Annual Growth Rate | -3.35% |
| 5-Year Change | 72.08% |
| 10-Year Change | 28.47% |
| Growth Volatility | 81.17 |
Binero Group AB - Net Assets Trend (2008–2024)
This chart illustrates how Binero Group AB's net assets have evolved over time, based on quarterly financial data. Also explore Binero Group AB asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Binero Group AB (2008–2024)
The table below shows the annual net assets of Binero Group AB from 2008 to 2024. For live valuation and market cap data, see Binero Group AB market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr118.00 Million ≈ $12.70 Million |
+31.16% |
| 2023-12-31 | Skr89.97 Million ≈ $9.68 Million |
-3.68% |
| 2022-12-31 | Skr93.40 Million ≈ $10.05 Million |
-16.36% |
| 2021-12-31 | Skr111.67 Million ≈ $12.02 Million |
+62.85% |
| 2020-12-31 | Skr68.57 Million ≈ $7.38 Million |
-73.23% |
| 2019-12-31 | Skr256.14 Million ≈ $27.57 Million |
+144.64% |
| 2018-12-31 | Skr104.70 Million ≈ $11.27 Million |
+3.71% |
| 2017-12-31 | Skr100.95 Million ≈ $10.86 Million |
+0.73% |
| 2016-12-31 | Skr100.22 Million ≈ $10.79 Million |
+9.11% |
| 2015-12-31 | Skr91.85 Million ≈ $9.88 Million |
-15.44% |
| 2014-12-31 | Skr108.63 Million ≈ $11.69 Million |
-61.92% |
| 2013-12-31 | Skr285.27 Million ≈ $30.70 Million |
+266.84% |
| 2012-12-31 | Skr77.76 Million ≈ $8.37 Million |
-38.53% |
| 2011-12-31 | Skr126.50 Million ≈ $13.61 Million |
-33.77% |
| 2010-12-31 | Skr191.01 Million ≈ $20.56 Million |
-18.64% |
| 2009-12-31 | Skr234.78 Million ≈ $25.27 Million |
+15.39% |
| 2008-12-31 | Skr203.47 Million ≈ $21.90 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Binero Group 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 4039900000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr176.00 Million | 149.15% |
| Total Equity | Skr118.00 Million | 100.00% |
Binero Group AB Competitors by Market Cap
The table below lists competitors of Binero Group AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Madison Pacific Properties Inc.
TO:MPC
|
$28.20 Million |
|
Tikun Olam Cannbit Pharmaceuticals Ltd
TA:TKUN
|
$28.21 Million |
|
Qinetiq Group PLC
LSE:QQ
|
$28.21 Million |
|
Communication & System Solution Public Company Limited
BK:CSS
|
$28.22 Million |
|
Softing AG
XETRA:SYT
|
$28.19 Million |
|
Inuvo Inc
NYSE MKT:INUV
|
$28.19 Million |
|
Progressive Planet Solutions Inc
V:PLAN
|
$28.19 Million |
|
Pico (Thailand) Public Company Limited
BK:PICO
|
$28.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Binero Group AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 89,965,000 to 118,000,000, a change of 28,035,000 (31.2%).
- Net income of 12,900,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 1,000.
- Other factors increased equity by 15,134,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr12.90 Million | +10.93% |
| Other Comprehensive Income | Skr1.00K | +0.0% |
| Other Changes | Skr15.13 Million | +12.83% |
| Total Change | Skr- | 31.16% |
Book Value vs Market Value Analysis
This analysis compares Binero Group 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: 1.87x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.00x to 1.87x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Skr696.70 | Skr1.98 | x |
| 2009-12-31 | Skr413.76 | Skr1.98 | x |
| 2010-12-31 | Skr253.72 | Skr1.98 | x |
| 2011-12-31 | Skr98.91 | Skr1.98 | x |
| 2012-12-31 | Skr60.80 | Skr1.98 | x |
| 2013-12-31 | Skr36.88 | Skr1.98 | x |
| 2014-12-31 | Skr7.61 | Skr1.98 | x |
| 2015-12-31 | Skr4.63 | Skr1.98 | x |
| 2016-12-31 | Skr4.98 | Skr1.98 | x |
| 2017-12-31 | Skr5.08 | Skr1.98 | x |
| 2018-12-31 | Skr5.26 | Skr1.98 | x |
| 2019-12-31 | Skr12.88 | Skr1.98 | x |
| 2020-12-31 | Skr3.45 | Skr1.98 | x |
| 2021-12-31 | Skr5.12 | Skr1.98 | x |
| 2022-12-31 | Skr2.96 | Skr1.98 | x |
| 2023-12-31 | Skr2.59 | Skr1.98 | x |
| 2024-12-31 | Skr1.06 | Skr1.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Binero Group 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): 10.93%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.10%
- • Asset Turnover: 1.39x
- • Equity Multiplier: 2.53x
- Recent ROE (10.93%) is above the historical average (-33.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -57.00% | -39.58% | 0.71x | 2.02x | Skr-135.28 Million |
| 2009 | -14.54% | -14.18% | 0.60x | 1.71x | Skr-57.39 Million |
| 2010 | -5.48% | -4.86% | 0.60x | 1.87x | Skr-29.57 Million |
| 2011 | -59.65% | -47.00% | 0.59x | 2.14x | Skr-88.11 Million |
| 2012 | -147.67% | -77.52% | 0.52x | 3.70x | Skr-122.61 Million |
| 2013 | 11.94% | 15.82% | 0.46x | 1.63x | Skr5.55 Million |
| 2014 | -239.67% | -99.39% | 1.15x | 2.10x | Skr-265.43 Million |
| 2015 | -45.27% | -22.73% | 0.89x | 2.25x | Skr-49.31 Million |
| 2016 | -17.15% | -9.85% | 0.94x | 1.86x | Skr-26.90 Million |
| 2017 | -1.88% | -1.44% | 0.84x | 1.55x | Skr-11.99 Million |
| 2018 | 9.77% | 7.80% | 0.72x | 1.74x | Skr-238.40K |
| 2019 | 82.41% | 608.06% | 0.11x | 1.24x | Skr185.47 Million |
| 2020 | -27.76% | -41.64% | 0.40x | 1.65x | Skr-25.89 Million |
| 2021 | -17.10% | -36.41% | 0.26x | 1.78x | Skr-30.26 Million |
| 2022 | -19.55% | -17.63% | 0.64x | 1.75x | Skr-27.61 Million |
| 2023 | -32.35% | -8.90% | 2.19x | 1.66x | Skr-38.10 Million |
| 2024 | 10.93% | 3.10% | 1.39x | 2.53x | Skr1.10 Million |
Industry Comparison
This section compares Binero Group AB's net assets metrics with peer companies in the Software - Infrastructure industry.
Industry Context
- Industry: Software - Infrastructure
- Average net assets among peers: $170,828,040
- Average return on equity (ROE) among peers: -31.50%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Binero Group AB (BINERO) | Skr131.30 Million | -57.00% | 2.07x | $28.19 Million |
| 4C Group AB (4C) | $237.31 Million | -1.46% | 0.84x | $27.19 Million |
| Advenica AB (ADVE) | $99.11 Million | -9.84% | 0.15x | $120.00 Million |
| Alpcot Holding AB Series B (ALPCOT-B) | $17.73 Million | -72.26% | 1.28x | $19.77 Million |
| Anoto Group AB (ANOT) | $612.89 Million | -67.36% | 0.28x | $7.66 Million |
| Clavister Holding AB (publ.) (CLAV) | $87.85 Million | -52.13% | 0.61x | $159.89 Million |
| Cyber Security 1 AB (CYB1) | $15.34 Million | 0.01% | 0.38x | $797.10K |
| Enea AB (ENEA) | $398.90 Million | 22.05% | 0.35x | $162.84 Million |
| Freja eID Group AB (FREJA) | $45.46 Million | -99.12% | 0.87x | $45.73 Million |
| Sonetel AB (SONE) | $22.88 Million | -3.36% | 0.76x | $4.81 Million |
About Binero Group AB
Binero Group AB (publ) develops and delivers cloud and platform services in Sweden, Norway, Denmark, and Finland. It provides cloud services, including Swedish, public, private, and hybrid cloud; end to end services comprising support, project management, security, and managed services; and insights, such as GDPR-compliant cloud, sustainability, price, and green data center services. The company … Read more