Binero Group AB (BINERO) - Net Assets
Based on the latest financial reports, Binero Group AB (BINERO) has net assets worth Skr121.10 Million SEK (≈ $13.03 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 (Skr403.60 Million ≈ $43.43 Million USD) and total liabilities (Skr282.50 Million ≈ $30.40 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 tangible net worth ratio of Binero Group AB to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr121.10 Million |
| % of Total Assets | 30.0% |
| Annual Growth Rate | -2.98% |
| 5-Year Change | 8.98% |
| 10-Year Change | 21.43% |
| Growth Volatility | 78.81 |
Binero Group AB - Net Assets Trend (2008–2025)
This chart illustrates how Binero Group AB's net assets have evolved over time, based on quarterly financial data. See Binero Group AB (BINERO) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Binero Group AB (2008–2025)
The table below shows the annual net assets of Binero Group AB from 2008 to 2025. For live valuation and market cap data, see Binero Group AB market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr121.70 Million ≈ $13.10 Million |
+3.14% |
| 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 |
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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 decreased by 960100000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr198.00 Million | 162.70% |
| Other Comprehensive Income | Skr9.70 Million | 7.97% |
| Other Components | Skr21.00 Million | 17.26% |
| Total Equity | Skr121.70 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 |
|---|---|
|
Fancamp Exploration Ltd.
V:FNC
|
$26.11 Million |
|
Black Dragon Gold Corp
AU:BDG
|
$26.12 Million |
|
CompuLab Ltd
TA:CLAB
|
$26.17 Million |
|
Thai O.P.P. Public Company Limited
BK:TOPP
|
$26.18 Million |
|
AGMO
KLSE:0258
|
$26.11 Million |
|
Compania Introductora de Buenos Aires SA
BA:INTR
|
$26.11 Million |
|
SGA Solutions Co.Ltd
KQ:184230
|
$26.11 Million |
|
Beam Global
NASDAQ:BEEM
|
$26.07 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 2024 to 2025, total equity changed from 118,000,000 to 121,700,000, a change of 3,700,000 (3.1%).
- Net loss of 49,700,000 reduced equity.
- Share repurchases of 17,767,000 reduced equity.
- New share issuances of 17,767,000 increased equity.
- Other comprehensive income increased equity by 9,700,000.
- Other factors increased equity by 43,700,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-49.70 Million | -40.84% |
| Share Repurchases | Skr17.77 Million | -14.6% |
| Share Issuances | Skr17.77 Million | +14.6% |
| Other Comprehensive Income | Skr9.70 Million | +7.97% |
| Other Changes | Skr43.70 Million | +35.91% |
| Total Change | Skr- | 3.14% |
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: 1.78x
- 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 1.78x 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 | Skr1.76 | x |
| 2009-12-31 | Skr413.76 | Skr1.76 | x |
| 2010-12-31 | Skr253.72 | Skr1.76 | x |
| 2011-12-31 | Skr98.91 | Skr1.76 | x |
| 2012-12-31 | Skr60.80 | Skr1.76 | x |
| 2013-12-31 | Skr36.88 | Skr1.76 | x |
| 2014-12-31 | Skr7.61 | Skr1.76 | x |
| 2015-12-31 | Skr4.63 | Skr1.76 | x |
| 2016-12-31 | Skr4.98 | Skr1.76 | x |
| 2017-12-31 | Skr5.08 | Skr1.76 | x |
| 2018-12-31 | Skr5.26 | Skr1.76 | x |
| 2019-12-31 | Skr12.88 | Skr1.76 | x |
| 2020-12-31 | Skr3.45 | Skr1.76 | x |
| 2021-12-31 | Skr5.12 | Skr1.76 | x |
| 2022-12-31 | Skr2.96 | Skr1.76 | x |
| 2023-12-31 | Skr2.59 | Skr1.76 | x |
| 2024-12-31 | Skr1.06 | Skr1.76 | x |
| 2025-12-31 | Skr0.99 | Skr1.76 | 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): -40.84%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.36%
- • Asset Turnover: 1.19x
- • Equity Multiplier: 3.32x
- Recent ROE (-40.84%) is below the historical average (-33.94%), suggesting potential challenges in 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 |
| 2025 | -40.84% | -10.36% | 1.19x | 3.32x | Skr-61.87 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: $358,421,169
- Average return on equity (ROE) among peers: -40.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Binero Group AB (BINERO) | Skr121.10 Million | -57.00% | 2.33x | $26.11 Million |
| 4C Group AB (4C) | $231.76 Million | 11.34% | 0.69x | $31.47 Million |
| Advenica AB (ADVE) | $97.79 Million | -2.03% | 0.83x | $93.44 Million |
| Alpcot Holding AB Series B (ALPCOT-B) | $39.56 Million | -35.59% | 0.33x | $19.54 Million |
| Anoto Group AB (ANOT) | $450.63 Million | -37.53% | 0.19x | $14.81 Million |
| Clavister Holding AB (publ.) (CLAV) | $66.74 Million | -184.20% | 4.78x | $154.89 Million |
| Cyber Security 1 AB (CYB1) | $21.60 Million | -31.34% | 0.25x | $797.10K |
| Enea AB (ENEA) | $2.29 Billion | 4.76% | 0.45x | $151.77 Million |
| Freja eID Group AB (FREJA) | $22.00 Million | -69.61% | 2.16x | $52.10 Million |
| Sonetel AB (SONE) | $4.51 Million | -17.68% | 3.55x | $4.07 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