BRAVE
Kinda Brave Entertainment Group Ab (Publ), a game portfolio company, focuses on acquiring game studios and IP in Sweden. The company engages in developing internal studios and a 3rd party publishing division to scout new developers for the next zeitgeist. It sells its games through digital distributors, such as Steam, Play Station Store, Xbox Marketplace, and Nintendo eShop. The company was incor… Read more
BRAVE (BRAVE) - Net Assets
Latest net assets as of September 2025: Skr2.02 Million SEK
Based on the latest financial reports, BRAVE (BRAVE) has net assets worth Skr2.02 Million SEK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr70.62 Million) and total liabilities (Skr68.60 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr2.02 Million |
| % of Total Assets | 2.86% |
| Annual Growth Rate | 46.97% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 79.51 |
BRAVE - Net Assets Trend (2022–2024)
This chart illustrates how BRAVE's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BRAVE (2022–2024)
The table below shows the annual net assets of BRAVE from 2022 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr16.20 Million | +146.64% |
| 2023-12-31 | Skr6.57 Million | -12.38% |
| 2022-12-31 | Skr7.50 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BRAVE'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 5852500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr1.16 Million | 7.18% |
| Other Components | Skr73.57 Million | 454.00% |
| Total Equity | Skr16.20 Million | 100.00% |
BRAVE Competitors by Market Cap
The table below lists competitors of BRAVE ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TIMAH (TIH1.SG)
STU:TIH1
|
$1.26K |
|
Hydrapres
WAR:HPS
|
$1.26K |
|
Fecon Mining JSC
VN:FCM
|
$1.26K |
|
BANK DANAMON -A-
MU:HX9
|
$1.26K |
|
Arpico Insurance Ltd
CM:AINSN0000
|
$1.26K |
|
TRANSCORP HOTELS PLC
XNSA:TRANSCOHOT
|
$1.25K |
|
GAM HLDG N
MU:GAD
|
$1.25K |
|
Azure Holding Group Corp
PINK:AZRH
|
$1.25K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BRAVE's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,570,000 to 16,204,000, a change of 9,634,000 (146.6%).
- Net loss of 30,614,000 reduced equity.
- New share issuances of 31,843,566 increased equity.
- Other factors increased equity by 8,404,434.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-30.61 Million | -188.93% |
| Share Issuances | Skr31.84 Million | +196.52% |
| Other Changes | Skr8.40 Million | +51.87% |
| Total Change | Skr- | 146.64% |
Book Value vs Market Value Analysis
This analysis compares BRAVE'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: 1.96x
- 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 3.77x to 1.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | Skr0.39 | Skr1.49 | x |
| 2023-12-31 | Skr0.35 | Skr1.49 | x |
| 2024-12-31 | Skr0.76 | Skr1.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BRAVE 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): -188.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1942.51%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 3.38x
- Recent ROE (-188.93%) is below the historical average (-160.10%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | -33.70% | 0.00% | 0.00x | 1.94x | Skr-3.28 Million |
| 2023 | -257.66% | -41287.80% | 0.00x | 3.59x | Skr-17.59 Million |
| 2024 | -188.93% | -1942.51% | 0.03x | 3.38x | Skr-32.23 Million |
Industry Comparison
This section compares BRAVE's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $223,124,649
- Average return on equity (ROE) among peers: 3.21%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BRAVE (BRAVE) | Skr2.02 Million | -33.70% | 33.93x | $1.26K |
| Coffee Stain Group B (COFFEE-B) | $1.46 Billion | 13.19% | 1.75x | $14.02K |
| Enad Global 7 AB (EG7) | $250.13 Million | -11.23% | 1.84x | $42.96 Million |
| Envar Holding AB (ENVAR) | $21.81 Million | 4.19% | 0.41x | $31.89K |
| Fantasma Games AB (FAGA) | $31.93 Million | 7.12% | 0.51x | $10.81 Million |
| Flexion Mobile PLC (FLEXM) | $13.08 Million | 4.11% | 1.13x | $8.27 Million |
| Fragbite Group AB (FRAG) | $161.51 Million | -63.84% | 1.37x | $2.89 Million |
| Fsport AB (FSPORT) | $48.55 Million | -32.26% | 0.07x | $118.91K |
| GiG Software PLC (GIG-SDB) | $11.93 Million | -0.52% | 6.35x | $44.07 Million |
| Hacksaw (HACK) | $13.19 Million | 108.13% | 0.95x | $1.26 Billion |