CDON AB (CDON) - Net Assets
Based on the latest financial reports, CDON AB (CDON) has net assets worth Skr558.30 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 (Skr745.00 Million) and total liabilities (Skr186.70 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 | Skr558.30 Million |
| % of Total Assets | 74.94% |
| Annual Growth Rate | N/A |
| 5-Year Change | 877.93% |
| 10-Year Change | N/A |
| Growth Volatility | 542.13 |
CDON AB - Net Assets Trend (2017–2024)
This chart illustrates how CDON AB's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for CDON AB (2017–2024)
The table below shows the annual net assets of CDON AB from 2017 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr576.00 Million | -16.17% |
| 2023-12-31 | Skr687.10 Million | +1444.04% |
| 2022-12-31 | Skr44.50 Million | -77.72% |
| 2021-12-31 | Skr199.70 Million | +239.05% |
| 2020-12-31 | Skr58.90 Million | -60.52% |
| 2019-12-31 | Skr149.20 Million | -1.06% |
| 2018-12-31 | Skr150.80 Million | +1161.60% |
| 2017-12-31 | Skr-14.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to CDON 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 61117400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr565.20 Million | 98.13% |
| Common Stock | Skr10.80 Million | 1.88% |
| Total Equity | Skr576.00 Million | 100.00% |
CDON AB Competitors by Market Cap
The table below lists competitors of CDON AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MAYO Human Capital Inc.
TWO:6738
|
$85.38 Million |
|
True North Commercial Real Estate Investment Trust
TO:TNT-UN
|
$85.40 Million |
|
Téléverbier SA
PA:TVRB
|
$85.40 Million |
|
DY Corporation
KO:013570
|
$85.43 Million |
|
Talga Group Ltd
F:TGX
|
$85.37 Million |
|
U-Best Polymer Industry Co Ltd
TWO:4714
|
$85.28 Million |
|
Astro Malaysia Holdings Bhd
KLSE:6399
|
$85.28 Million |
|
PGF Capital Bhd
KLSE:8117
|
$85.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in CDON AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 687,100,000 to 576,000,000, a change of -111,100,000 (-16.2%).
- Net loss of 110,900,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-110.90 Million | -19.25% |
| Other Changes | Skr-200.00K | -0.03% |
| Total Change | Skr- | -16.17% |
Book Value vs Market Value Analysis
This analysis compares CDON 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: 1.33x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | Skr-2.37 | Skr71.20 | x |
| 2018-12-31 | Skr25.17 | Skr71.20 | x |
| 2019-12-31 | Skr24.90 | Skr71.20 | x |
| 2020-12-31 | Skr9.83 | Skr71.20 | x |
| 2021-12-31 | Skr30.87 | Skr71.20 | x |
| 2022-12-31 | Skr6.91 | Skr71.20 | x |
| 2023-12-31 | Skr63.91 | Skr71.20 | x |
| 2024-12-31 | Skr53.57 | Skr71.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently CDON 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): -19.25%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -25.48%
- • Asset Turnover: 0.50x
- • Equity Multiplier: 1.52x
- Recent ROE (-19.25%) is above the historical average (-54.25%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2017 | 0.00% | -3.74% | 3.53x | 0.00x | Skr-67.65 Million |
| 2018 | -23.21% | -2.24% | 2.91x | 3.56x | Skr-50.08 Million |
| 2019 | -1.01% | -0.13% | 2.21x | 3.37x | Skr-16.42 Million |
| 2020 | -10.70% | -0.79% | 2.69x | 5.02x | Skr-12.19 Million |
| 2021 | -32.96% | -11.55% | 1.42x | 2.01x | Skr-81.59 Million |
| 2022 | -336.85% | -32.50% | 1.94x | 5.34x | Skr-154.35 Million |
| 2023 | -9.98% | -14.64% | 0.49x | 1.39x | Skr-137.31 Million |
| 2024 | -19.25% | -25.48% | 0.50x | 1.52x | Skr-168.50 Million |
Industry Comparison
This section compares CDON AB's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $815,100,121
- Average return on equity (ROE) among peers: -28.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| CDON AB (CDON) | Skr558.30 Million | 0.00% | 0.33x | $85.38 Million |
| New Bubbleroom Sweden AB (BBROOM) | $101.59 Million | -17.38% | 1.12x | $6.93 Million |
| BHG Group AB (publ) (BHG) | $5.26 Billion | 9.15% | 1.59x | $466.78 Million |
| Sweden BuyersClub AB (BUY) | $8.14 Million | -83.48% | 2.16x | $5.18 Million |
| Desenio Group AB (DSNO) | $238.60 Million | -9.39% | 5.91x | $10.57 Million |
| Guldbrev Holding AB (publ) (GULD) | $42.65 Million | 66.24% | 0.39x | $58.30 Million |
| Purefun Group AB (PURE) | $49.64 Million | 26.57% | 0.63x | $13.26 Million |
| Refine Group AB (REFINE) | $8.78 Million | -191.83% | 0.71x | $11.60 Million |
About CDON AB
CDON AB operates online marketplace in Sweden and other Nordics region. The company's marketplace allows customers to select and compare prices of products from a range of Nordic e-retailers. It offers child and baby products, construction, books, animal accessories, party and celebration, film, vehicles and parts, business and industry, crafts and hobbies, accessories, home and garden, home elec… Read more