CodeMill AB (CDMIL) - Net Assets
Based on the latest financial reports, CodeMill AB (CDMIL) has net assets worth Skr50.19 Million SEK (≈ $5.40 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 (Skr72.32 Million ≈ $7.78 Million USD) and total liabilities (Skr22.14 Million ≈ $2.38 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 CodeMill AB asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr50.19 Million |
| % of Total Assets | 69.39% |
| Annual Growth Rate | 28.56% |
| 5-Year Change | 47.23% |
| 10-Year Change | N/A |
| Growth Volatility | 50.45 |
CodeMill AB - Net Assets Trend (2018–2024)
This chart illustrates how CodeMill AB's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of CodeMill AB for the complete picture of this company's asset base.
Annual Net Assets for CodeMill AB (2018–2024)
The table below shows the annual net assets of CodeMill AB from 2018 to 2024. For live valuation and market cap data, see CodeMill AB (CDMIL) total market value.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr56.88 Million ≈ $6.12 Million |
+23.96% |
| 2023-12-31 | Skr45.89 Million ≈ $4.94 Million |
-5.57% |
| 2022-12-31 | Skr48.59 Million ≈ $5.23 Million |
-22.10% |
| 2021-12-31 | Skr62.38 Million ≈ $6.71 Million |
+61.46% |
| 2020-12-31 | Skr38.63 Million ≈ $4.16 Million |
+31.79% |
| 2019-12-31 | Skr29.32 Million ≈ $3.15 Million |
+132.76% |
| 2018-12-31 | Skr12.60 Million ≈ $1.36 Million |
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Equity Component Analysis
This analysis shows how different components contribute to CodeMill 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 714.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr1.36 Million | 2.39% |
| Other Comprehensive Income | Skr87.00K | 0.15% |
| Other Components | Skr99.79 Million | 175.43% |
| Total Equity | Skr56.88 Million | 100.00% |
CodeMill AB Competitors by Market Cap
The table below lists competitors of CodeMill AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Clearvue Technologies Ltd
AU:CPV
|
$22.72 Million |
|
Bioleaders Corporation
KQ:142760
|
$22.73 Million |
|
Getabec Public Company Limited
BK:GTB
|
$22.74 Million |
|
Kingsmen Resources Ltd
V:KNG
|
$22.74 Million |
|
Tah Tong Textile Co Ltd
TW:1441
|
$22.72 Million |
|
GUILD ESPORTS PLC LS-001
F:GU0
|
$22.70 Million |
|
Shenzhen Properties & Resources Development Group Ltd
SHE:200011
|
$22.70 Million |
|
Donegal Investment Group PLC
IR:DQ7A
|
$22.69 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CodeMill AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 45,888,000 to 56,884,000, a change of 10,996,000 (24.0%).
- Net income of 10,937,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 83,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr10.94 Million | +19.23% |
| Other Comprehensive Income | Skr83.00K | +0.15% |
| Other Changes | Skr-24.00K | -0.04% |
| Total Change | Skr- | 23.96% |
Book Value vs Market Value Analysis
This analysis compares CodeMill 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: 3.72x
- 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 21.65x to 3.72x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | Skr0.72 | Skr15.50 | x |
| 2019-12-31 | Skr2.09 | Skr15.50 | x |
| 2020-12-31 | Skr3.48 | Skr15.50 | x |
| 2021-12-31 | Skr5.49 | Skr15.50 | x |
| 2022-12-31 | Skr3.57 | Skr15.50 | x |
| 2023-12-31 | Skr3.37 | Skr15.50 | x |
| 2024-12-31 | Skr4.17 | Skr15.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CodeMill 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): 19.23%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.89%
- • Asset Turnover: 1.00x
- • Equity Multiplier: 1.61x
- Recent ROE (19.23%) is above the historical average (-11.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 39.86% | 7.85% | 1.94x | 2.61x | Skr2.77 Million |
| 2019 | -21.51% | -16.75% | 0.54x | 2.39x | Skr-8.54 Million |
| 2020 | -37.53% | -45.32% | 0.43x | 1.93x | Skr-17.33 Million |
| 2021 | -45.25% | -81.49% | 0.35x | 1.58x | Skr-34.47 Million |
| 2022 | -28.16% | -23.88% | 0.69x | 1.71x | Skr-18.55 Million |
| 2023 | -5.85% | -3.41% | 0.97x | 1.77x | Skr-7.27 Million |
| 2024 | 19.23% | 11.89% | 1.00x | 1.61x | Skr5.25 Million |
Industry Comparison
This section compares CodeMill AB's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $85,570,283
- Average return on equity (ROE) among peers: -59.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CodeMill AB (CDMIL) | Skr50.19 Million | 39.86% | 0.44x | $22.72 Million |
| 24SevenOffice Scandinavia AB (247) | $139.50 Million | 1.39% | 2.27x | $67.95 Million |
| eEducation Albert AB (ALBERT) | $44.99 Million | -62.83% | 0.19x | $11.25 Million |
| AppSpotr AB (APTR) | $13.78 Million | -134.55% | 0.75x | $28.96 Million |
| Better Collective (BETCO) | $6.04 Million | 86.73% | 0.37x | $899.81 Million |
| BIMobject AB (BIM) | $2.25 Million | -100.86% | 0.40x | $71.75 Million |
| Bambuser AB (BUSER) | $342.79 Million | -18.61% | 0.11x | $24.10 Million |
| Crunchfish AB (CFISH) | $10.85 Million | -91.71% | 0.58x | $30.49 Million |
| ChargePanel AB (CHARGE) | $5.64 Million | -210.81% | 1.56x | $5.99 Million |
| Checkin.com Group AB (CHECK) | $204.29 Million | -3.68% | 0.20x | $10.26 Million |
About CodeMill AB
CodeMill AB (publ) provides media workflow applications in Sweden and internationally. It offers Accurate.Video, a web-based platform for video production created for media and other companies; Accurate Player SDK, a cloud based video player; and Cantemo, a media management platform that helps customers order and structure in their media library. The company also provides digital services; and so… Read more