Crunchfish AB (CFISH) - Net Assets

Latest as of September 2025: Skr54.52 Million SEK ≈ $5.87 Million USD

Based on the latest financial reports, Crunchfish AB (CFISH) has net assets worth Skr54.52 Million SEK (≈ $5.87 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 (Skr62.09 Million ≈ $6.68 Million USD) and total liabilities (Skr7.57 Million ≈ $814.52K 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 Crunchfish AB liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Skr54.52 Million
% of Total Assets	87.81%
Annual Growth Rate	8.22%
5-Year Change	35.38%
10-Year Change	334.82%
Growth Volatility	130.06

Crunchfish AB - Net Assets Trend (2012–2024)

This chart illustrates how Crunchfish AB's net assets have evolved over time, based on quarterly financial data. Also explore CFISH total assets for the complete picture of this company's asset base.

Annual Net Assets for Crunchfish AB (2012–2024)

The table below shows the annual net assets of Crunchfish AB from 2012 to 2024. For live valuation and market cap data, see Crunchfish AB stock valuation.

Year	Net Assets	Change
2024-12-31	Skr47.16 Million ≈ $5.08 Million	-9.76%
2023-12-31	Skr52.26 Million ≈ $5.62 Million	-11.08%
2022-12-31	Skr58.77 Million ≈ $6.32 Million	+5.24%
2021-12-31	Skr55.84 Million ≈ $6.01 Million	+60.29%
2020-12-31	Skr34.84 Million ≈ $3.75 Million	-4.05%
2019-12-31	Skr36.31 Million ≈ $3.91 Million	-9.83%
2018-12-31	Skr40.27 Million ≈ $4.33 Million	+6.79%
2017-12-31	Skr37.71 Million ≈ $4.06 Million	-35.57%
2016-12-31	Skr58.52 Million ≈ $6.30 Million	+439.52%
2015-12-31	Skr10.85 Million ≈ $1.17 Million	-50.62%
2014-12-31	Skr21.96 Million ≈ $2.36 Million	+20.21%
2012-12-31	Skr18.27 Million ≈ $1.97 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Crunchfish 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 1720.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	Skr2.65 Million	5.61%
Other Comprehensive Income	Skr-294.58 Million	-624.60%
Other Components	Skr633.68 Million	1343.58%
Total Equity	Skr47.16 Million	100.00%

Crunchfish AB Competitors by Market Cap

The table below lists competitors of Crunchfish AB ranked by their market capitalization.

Company	Market Cap
eMnet Inc KQ:123570	$30.49 Million
Ucloudlink Group Inc NASDAQ:UCL	$30.51 Million
Atlanta Poland SA WAR:ATP	$30.51 Million
Zeo Energy Corp NASDAQ:ZEO	$30.53 Million
Finetek Co. Ltd KQ:131760	$30.49 Million
Kodi-S Co Ltd KQ:080530	$30.49 Million
Axita Cotton Limited NSE:AXITA	$30.46 Million
Unite Group PLC LSE:UTG	$30.45 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Crunchfish AB's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 52,262,120 to 47,163,250, a change of -5,098,870 (-9.8%).
Net loss of 26,525,780 reduced equity.
Share repurchases of 21,479,170 reduced equity.
New share issuances of 21,479,174 increased equity.
Other comprehensive income decreased equity by 26,525,780.
Other factors increased equity by 47,952,686.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	Skr-26.53 Million	-56.24%
Share Repurchases	Skr21.48 Million	-45.54%
Share Issuances	Skr21.48 Million	+45.54%
Other Comprehensive Income	Skr-26.53 Million	-56.24%
Other Changes	Skr47.95 Million	+101.67%
Total Change	Skr-	-9.76%

Book Value vs Market Value Analysis

This analysis compares Crunchfish 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: 3.40x
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 increased from 2.11x to 3.40x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	Skr1.73	Skr3.64	x
2014-12-31	Skr2.08	Skr3.64	x
2015-12-31	Skr0.52	Skr3.64	x
2016-12-31	Skr3.25	Skr3.64	x
2017-12-31	Skr2.06	Skr3.64	x
2018-12-31	Skr1.83	Skr3.64	x
2019-12-31	Skr1.33	Skr3.64	x
2020-12-31	Skr1.23	Skr3.64	x
2021-12-31	Skr1.89	Skr3.64	x
2022-12-31	Skr1.83	Skr3.64	x
2023-12-31	Skr1.54	Skr3.64	x
2024-12-31	Skr1.07	Skr3.64	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Crunchfish 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): -56.24%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -904.35%
• Asset Turnover: 0.05x
• Equity Multiplier: 1.17x
Recent ROE (-56.24%) is above the historical average (-66.27%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	-91.43%	-552.83%	0.13x	1.27x	Skr-18.53 Million
2014	-73.17%	-498.22%	0.12x	1.23x	Skr-18.27 Million
2015	-91.71%	-276.76%	0.21x	1.58x	Skr-11.03 Million
2016	-21.42%	-465.99%	0.04x	1.09x	Skr-18.39 Million
2017	-55.20%	-649.69%	0.07x	1.17x	Skr-24.58 Million
2018	-54.21%	-621.97%	0.08x	1.16x	Skr-25.86 Million
2019	-67.21%	-167.56%	0.34x	1.18x	Skr-28.04 Million
2020	-73.03%	-233.78%	0.25x	1.27x	Skr-28.93 Million
2021	-73.23%	-1033.58%	0.06x	1.15x	Skr-46.48 Million
2022	-44.06%	-418.58%	0.09x	1.13x	Skr-31.77 Million
2023	-94.34%	-4991.18%	0.02x	1.18x	Skr-54.53 Million
2024	-56.24%	-904.35%	0.05x	1.17x	Skr-31.24 Million

Industry Comparison

This section compares Crunchfish AB's net assets metrics with peer companies in the Software - Application industry.

Industry Context

Industry: Software - Application
Average net assets among peers: $88,657,883
Average return on equity (ROE) among peers: -53.18%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Crunchfish AB (CFISH)	Skr54.52 Million	-91.43%	0.14x	$30.49 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
CodeMill AB (CDMIL)	$38.63 Million	-35.42%	0.82x	$22.72 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 Crunchfish AB

ST:CFISH Sweden Software - Application

Market Cap

$30.49 Million

Skr283.35 Million SEK

Market Cap Rank

#23667 Global

#462 in Sweden

Share Price

Skr3.64

Change (1 day)

+4.00%

52-Week Range

Skr0.83 - Skr4.50

All Time High

Skr101.60