DORO AB (DORO) - Net Assets
Based on the latest financial reports, DORO AB (DORO) has net assets worth Skr569.40 Million SEK (≈ $61.28 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 (Skr1.00 Billion ≈ $107.84 Million USD) and total liabilities (Skr432.70 Million ≈ $46.57 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 how resilient are DORO AB's assets to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr569.40 Million |
| % of Total Assets | 56.82% |
| Annual Growth Rate | 5.8% |
| 5-Year Change | -30.18% |
| 10-Year Change | 16.54% |
| Growth Volatility | 39.79 |
DORO AB - Net Assets Trend (2000–2024)
This chart illustrates how DORO AB's net assets have evolved over time, based on quarterly financial data. Also explore how large is DORO AB's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for DORO AB (2000–2024)
The table below shows the annual net assets of DORO AB from 2000 to 2024. For live valuation and market cap data, see DORO AB (DORO) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr561.70 Million ≈ $60.45 Million |
+10.38% |
| 2023-12-31 | Skr508.90 Million ≈ $54.77 Million |
+7.14% |
| 2022-12-31 | Skr475.00 Million ≈ $51.12 Million |
+12.32% |
| 2021-12-31 | Skr422.90 Million ≈ $45.51 Million |
-47.43% |
| 2020-12-31 | Skr804.50 Million ≈ $86.58 Million |
+2.90% |
| 2019-12-31 | Skr781.80 Million ≈ $84.13 Million |
+14.35% |
| 2018-12-31 | Skr683.70 Million ≈ $73.58 Million |
+17.13% |
| 2017-12-31 | Skr583.70 Million ≈ $62.82 Million |
+12.25% |
| 2016-12-31 | Skr520.00 Million ≈ $55.96 Million |
+7.88% |
| 2015-12-31 | Skr482.00 Million ≈ $51.87 Million |
+43.97% |
| 2014-12-31 | Skr334.80 Million ≈ $36.03 Million |
+16.66% |
| 2013-12-31 | Skr287.00 Million ≈ $30.89 Million |
+37.32% |
| 2012-12-31 | Skr209.00 Million ≈ $22.49 Million |
+17.88% |
| 2011-12-31 | Skr177.30 Million ≈ $19.08 Million |
+46.17% |
| 2010-12-31 | Skr121.30 Million ≈ $13.05 Million |
+79.44% |
| 2009-12-31 | Skr67.60 Million ≈ $7.27 Million |
+125.33% |
| 2008-12-31 | Skr30.00 Million ≈ $3.23 Million |
-24.05% |
| 2007-12-31 | Skr39.50 Million ≈ $4.25 Million |
+25.00% |
| 2006-12-31 | Skr31.60 Million ≈ $3.40 Million |
-1.56% |
| 2005-12-31 | Skr32.10 Million ≈ $3.45 Million |
-65.71% |
| 2004-12-31 | Skr93.60 Million ≈ $10.07 Million |
+32.95% |
| 2003-12-31 | Skr70.40 Million ≈ $7.58 Million |
+32.83% |
| 2002-12-31 | Skr53.00 Million ≈ $5.70 Million |
-11.81% |
| 2001-12-31 | Skr60.10 Million ≈ $6.47 Million |
-58.64% |
| 2000-12-31 | Skr145.30 Million ≈ $15.64 Million |
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Equity Component Analysis
This analysis shows how different components contribute to DORO 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 131.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr181.60 Million | 32.33% |
| Common Stock | Skr24.50 Million | 4.36% |
| Other Comprehensive Income | Skr49.00 Million | 8.72% |
| Other Components | Skr306.60 Million | 54.58% |
| Total Equity | Skr561.70 Million | 100.00% |
DORO AB Competitors by Market Cap
The table below lists competitors of DORO AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Chateau International Development Co Ltd
TW:2722
|
$105.10 Million |
|
EcoFirst Consolidated Bhd
KLSE:3557
|
$105.14 Million |
|
Ruentex Materials Co Ltd
TW:8463
|
$105.15 Million |
|
Adda Corporation
TWO:3071
|
$105.18 Million |
|
Ilsung Pharm
KO:003120
|
$105.08 Million |
|
Allcargo Gati Limited
NSE:ACLGATI
|
$105.06 Million |
|
RS Automation Co.Ltd
KQ:140670
|
$105.06 Million |
|
Kortek Corporation
KQ:052330
|
$105.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in DORO AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 508,900,000 to 561,700,000, a change of 52,800,000 (10.4%).
- Net income of 86,100,000 contributed positively to equity growth.
- Dividend payments of 48,700,000 reduced retained earnings.
- Share repurchases of 1,100,000 reduced equity.
- New share issuances of 1,100,000 increased equity.
- Other comprehensive income increased equity by 13,800,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr86.10 Million | +15.33% |
| Dividends Paid | Skr48.70 Million | -8.67% |
| Share Repurchases | Skr1.10 Million | -0.2% |
| Share Issuances | Skr1.10 Million | +0.2% |
| Other Comprehensive Income | Skr13.80 Million | +2.46% |
| Other Changes | Skr1.60 Million | +0.28% |
| Total Change | Skr- | 10.38% |
Book Value vs Market Value Analysis
This analysis compares DORO 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: 1.74x
- 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 24.19x to 1.74x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | Skr1.66 | Skr40.05 | x |
| 2003-12-31 | Skr2.20 | Skr40.05 | x |
| 2004-12-31 | Skr2.92 | Skr40.05 | x |
| 2005-12-31 | Skr5.01 | Skr40.05 | x |
| 2006-12-31 | Skr2.92 | Skr40.05 | x |
| 2007-12-31 | Skr2.27 | Skr40.05 | x |
| 2008-12-31 | Skr1.72 | Skr40.05 | x |
| 2009-12-31 | Skr3.85 | Skr40.05 | x |
| 2010-12-31 | Skr6.35 | Skr40.05 | x |
| 2011-12-31 | Skr9.24 | Skr40.05 | x |
| 2012-12-31 | Skr10.80 | Skr40.05 | x |
| 2013-12-31 | Skr14.52 | Skr40.05 | x |
| 2014-12-31 | Skr15.90 | Skr40.05 | x |
| 2015-12-31 | Skr20.96 | Skr40.05 | x |
| 2016-12-31 | Skr22.21 | Skr40.05 | x |
| 2017-12-31 | Skr24.74 | Skr40.05 | x |
| 2018-12-31 | Skr28.88 | Skr40.05 | x |
| 2019-12-31 | Skr32.90 | Skr40.05 | x |
| 2020-12-31 | Skr33.68 | Skr40.05 | x |
| 2021-12-31 | Skr17.60 | Skr40.05 | x |
| 2022-12-31 | Skr19.53 | Skr40.05 | x |
| 2023-12-31 | Skr20.92 | Skr40.05 | x |
| 2024-12-31 | Skr23.06 | Skr40.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently DORO 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): 15.33%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.76%
- • Asset Turnover: 0.93x
- • Equity Multiplier: 1.68x
- Recent ROE (15.33%) is above the historical average (-8.38%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 1.32% | 0.08% | 2.76x | 5.74x | Skr-4.60 Million |
| 2003 | 22.30% | 2.42% | 2.67x | 3.44x | Skr8.66 Million |
| 2004 | 25.32% | 3.65% | 2.13x | 3.25x | Skr14.34 Million |
| 2005 | -209.97% | -10.85% | 2.30x | 8.41x | Skr-70.61 Million |
| 2006 | -299.68% | -21.86% | 2.38x | 5.75x | Skr-97.86 Million |
| 2007 | 18.99% | 2.17% | 2.15x | 4.09x | Skr3.55 Million |
| 2008 | -38.33% | -3.17% | 2.13x | 5.67x | Skr-14.50 Million |
| 2009 | 33.73% | 4.63% | 2.30x | 3.17x | Skr16.04 Million |
| 2010 | 47.07% | 9.02% | 1.88x | 2.78x | Skr44.97 Million |
| 2011 | 32.66% | 7.85% | 1.64x | 2.53x | Skr40.17 Million |
| 2012 | 25.31% | 6.45% | 1.59x | 2.47x | Skr32.00 Million |
| 2013 | 21.11% | 5.34% | 1.52x | 2.61x | Skr31.90 Million |
| 2014 | 17.38% | 4.58% | 1.49x | 2.55x | Skr24.72 Million |
| 2015 | 13.24% | 3.49% | 1.53x | 2.49x | Skr15.60 Million |
| 2016 | 5.96% | 1.58% | 1.52x | 2.48x | Skr-21.00 Million |
| 2017 | 11.39% | 3.46% | 1.63x | 2.02x | Skr8.13 Million |
| 2018 | 13.38% | 4.80% | 1.30x | 2.14x | Skr23.13 Million |
| 2019 | 9.96% | 3.78% | 1.23x | 2.15x | Skr-280.00K |
| 2020 | 6.10% | 2.91% | 1.07x | 1.97x | Skr-31.35 Million |
| 2021 | 19.63% | 7.98% | 1.05x | 2.34x | Skr40.71 Million |
| 2022 | 8.61% | 4.50% | 1.01x | 1.90x | Skr-6.60 Million |
| 2023 | 6.37% | 3.33% | 1.12x | 1.71x | Skr-18.49 Million |
| 2024 | 15.33% | 9.76% | 0.93x | 1.68x | Skr29.93 Million |
Industry Comparison
This section compares DORO AB's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $12,703,988,988
- Average return on equity (ROE) among peers: -37.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| DORO AB (DORO) | Skr569.40 Million | 1.32% | 0.76x | $105.09 Million |
| Alcadon Group AB (ALCA) | $59.98 Million | 37.34% | 3.20x | $85.73 Million |
| Ependion AB (EPEN) | $688.68 Million | 9.43% | 1.97x | $436.84 Million |
| Telefonaktiebolaget LM Ericsson (publ) (ERIC-A) | $4.39 Billion | -195.33% | 6.62x | $3.06 Billion |
| Telefonaktiebolaget LM Ericsson (publ) (ERIC-B) | $107.10 Billion | 21.19% | 1.85x | $35.81 Billion |
| Gapwaves AB Series B (GAPW-B) | $79.95 Million | -55.01% | 0.18x | $33.38 Million |
| Hitech & Development Wireless Sweden Holding AB (publ) (HDW-B) | $4.68 Million | 5.27% | 3.71x | $588.92K |
| HMS Networks AB (publ) (HMS) | $342.06 Million | 15.25% | 0.22x | $2.91 Billion |
| Hexatronic Group AB (HTRO) | $1.65 Billion | 15.36% | 1.86x | $843.81 Million |
| InCoax Networks AB (INCOAX) | $26.18 Million | -188.34% | 0.56x | $10.06 Million |
About DORO AB
Doro AB (publ), a technology company, develops telecom and technology products and services for seniors and individuals with special needs. The company offers smartphones, hemma doorbell, watch, and tablet under the Doro brand. It operates in Nordic, West and South Europe, Africa, Central- and Eastern Europe, the United Kingdom, Ireland, and internationally. Doro AB (publ) was incorporated in 197… Read more