Goobit Group AB (BTCX) - Net Assets
Based on the latest financial reports, Goobit Group AB (BTCX) has net assets worth Skr9.77 Million SEK (≈ $1.05 Million USD) as of July 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr26.57 Million ≈ $2.86 Million USD) and total liabilities (Skr16.81 Million ≈ $1.81 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. Read debt load of Goobit Group AB for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr9.77 Million |
| % of Total Assets | 36.75% |
| Annual Growth Rate | 11.58% |
| 5-Year Change | -73.55% |
| 10-Year Change | N/A |
| Growth Volatility | 159.85 |
Goobit Group AB - Net Assets Trend (2019–2025)
This chart illustrates how Goobit Group AB's net assets have evolved over time, based on quarterly financial data. Also explore BTCX current and non-current assets for the complete picture of this company's asset base.
Annual Net Assets for Goobit Group AB (2019–2025)
The table below shows the annual net assets of Goobit Group AB from 2019 to 2025. For live valuation and market cap data, see BTCX market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | Skr11.64 Million ≈ $1.25 Million |
-45.35% |
| 2024-04-30 | Skr21.30 Million ≈ $2.29 Million |
+73.16% |
| 2023-04-30 | Skr12.30 Million ≈ $1.32 Million |
-63.43% |
| 2022-04-30 | Skr33.64 Million ≈ $3.62 Million |
-23.58% |
| 2021-04-30 | Skr44.01 Million ≈ $4.74 Million |
+406.02% |
| 2020-04-30 | Skr8.70 Million ≈ $936.04K |
+44.25% |
| 2019-04-30 | Skr6.03 Million ≈ $648.92K |
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Equity Component Analysis
This analysis shows how different components contribute to Goobit 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr2.84 Million | 24.42% |
| Other Components | Skr8.80 Million | 75.58% |
| Total Equity | Skr11.64 Million | 100.00% |
Goobit Group AB Competitors by Market Cap
The table below lists competitors of Goobit Group AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CPT GLOBAL LTD
F:714
|
$2.11 Million |
|
RIDGESTONE MINING INC.
F:4U50
|
$2.11 Million |
|
Cathedra Bitcoin Inc
V:CBIT
|
$2.11 Million |
|
Martello Technologies Group Inc
V:MTLO
|
$2.11 Million |
|
Interactive Strength Inc. Common Stock
NASDAQ:TRNR
|
$2.10 Million |
|
Synthomer plc
LSE:SYNT
|
$2.10 Million |
|
Hedera Group publ AB
ST:HEGR
|
$2.10 Million |
|
Society Pass Inc
NASDAQ:SOPA
|
$2.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Goobit Group AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 21,300,000 to 11,640,000, a change of -9,660,000 (-45.4%).
- Net loss of 10,093,000 reduced equity.
- Other factors increased equity by 433,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-10.09 Million | -86.71% |
| Other Changes | Skr433.00K | +3.72% |
| Total Change | Skr- | -45.35% |
Book Value vs Market Value Analysis
This analysis compares Goobit 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: 1.43x
- 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 1.20x to 1.43x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-04-30 | Skr0.04 | Skr0.05 | x |
| 2020-04-30 | Skr0.07 | Skr0.05 | x |
| 2021-04-30 | Skr0.23 | Skr0.05 | x |
| 2022-04-30 | Skr0.24 | Skr0.05 | x |
| 2023-04-30 | Skr0.06 | Skr0.05 | x |
| 2024-04-30 | Skr0.08 | Skr0.05 | x |
| 2025-04-30 | Skr0.04 | Skr0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Goobit 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): -86.71%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.06%
- • Asset Turnover: 16.58x
- • Equity Multiplier: 1.71x
- Recent ROE (-86.71%) is below the historical average (-81.52%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -134.98% | -3.58% | 8.17x | 4.61x | Skr-8.62 Million |
| 2020 | -136.03% | -3.70% | 8.88x | 4.14x | Skr-12.59 Million |
| 2021 | 25.39% | 2.11% | 8.32x | 1.44x | Skr6.77 Million |
| 2022 | -53.09% | -5.06% | 7.46x | 1.41x | Skr-21.22 Million |
| 2023 | -176.50% | -22.29% | 4.68x | 1.69x | Skr-22.94 Million |
| 2024 | -8.71% | -1.66% | 3.38x | 1.55x | Skr-3.99 Million |
| 2025 | -86.71% | -3.06% | 16.58x | 1.71x | Skr-11.26 Million |
Industry Comparison
This section compares Goobit Group AB's net assets metrics with peer companies in the Financial Data & Stock Exchanges industry.
No peer company data available for comparison.
About Goobit Group AB
Goobit Group AB (publ) provides crypto exchange services in Sweden. It also provides digital currencies and other crypto related services. The company offers exchange services of Swedish kronor and euros under the BTCX Express and Standard BTCX brand names. It serves private individuals, retail traders, and e-shops. The company was founded in 2012 and is based in Stockholm, Sweden.