Ekobot AB
Ekobot AB (publ) develops, manufactures, and sells autonomous agricultural robots in Europe. It offers robots to help farmers and growers in weeding crops. The company was founded in 2016 and is based in Västerås, Sweden.
Ekobot AB (EKOBOT) - Net Assets
Latest net assets as of June 2024: Skr-593.00K SEK
Based on the latest financial reports, Ekobot AB (EKOBOT) has net assets worth Skr-593.00K SEK as of June 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr6.26 Million) and total liabilities (Skr6.85 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 | Skr-593.00K |
| % of Total Assets | -9.48% |
| Annual Growth Rate | 99.35% |
| 5-Year Change | 385.01% |
| 10-Year Change | N/A |
| Growth Volatility | 210.16 |
Ekobot AB - Net Assets Trend (2018–2023)
This chart illustrates how Ekobot 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 Ekobot AB (2018–2023)
The table below shows the annual net assets of Ekobot AB from 2018 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | Skr18.11 Million | +17.79% |
| 2022-12-31 | Skr15.37 Million | +0.35% |
| 2021-12-31 | Skr15.32 Million | +232.86% |
| 2020-12-31 | Skr4.60 Million | +23.28% |
| 2019-12-31 | Skr3.73 Million | +548.87% |
| 2018-12-31 | Skr575.29K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ekobot 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 6397424200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr5.34 Million | 29.47% |
| Other Comprehensive Income | Skr20.16 Million | 111.36% |
| Other Components | Skr56.86 Million | 314.03% |
| Total Equity | Skr18.11 Million | 100.00% |
Ekobot AB Competitors by Market Cap
The table below lists competitors of Ekobot AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Green Panda Capital Corp
V:GPCC-P
|
$152.91K |
|
COLUMBUS MCKINNON
BE:VC3
|
$152.93K |
|
Tekla Life Sciences Investors
NYSE:HQL
|
$153.00K |
|
UNIMER
BC:UNIMER
|
$153.09K |
|
NATL OILWELL VARCO - Dusseldorf Stock Exchang
DU:NO8
|
$152.71K |
|
Nykredit Inv Balance Ansv Off
CO:NBIAO
|
$152.70K |
|
Breedon Group PLC
LSE:BREE
|
$152.61K |
|
RDLI11
SA:RDLI11
|
$152.60K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ekobot AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 15,371,000 to 18,105,000, a change of 2,734,000 (17.8%).
- Net loss of 21,213,000 reduced equity.
- New share issuances of 26,806,000 increased equity.
- Other comprehensive income decreased equity by 726,000.
- Other factors decreased equity by 2,133,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-21.21 Million | -117.17% |
| Share Issuances | Skr26.81 Million | +148.06% |
| Other Comprehensive Income | Skr-726.00K | -4.01% |
| Other Changes | Skr-2.13 Million | -11.78% |
| Total Change | Skr- | 17.79% |
Book Value vs Market Value Analysis
This analysis compares Ekobot 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: 0.07x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.56x to 0.07x 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 | Skr0.16 | Skr0.09 | x |
| 2019-12-31 | Skr1.06 | Skr0.09 | x |
| 2020-12-31 | Skr1.31 | Skr0.09 | x |
| 2021-12-31 | Skr4.74 | Skr0.09 | x |
| 2022-12-31 | Skr3.69 | Skr0.09 | x |
| 2023-12-31 | Skr1.40 | Skr0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ekobot 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): -117.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5099.28%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.52x
- Recent ROE (-117.17%) is below the historical average (11610.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 70009.11% | 11272.82% | 0.95x | 6.51x | Skr402.70 Million |
| 2019 | -20.70% | 0.00% | 0.00x | 1.72x | Skr-1.15 Million |
| 2020 | -86.14% | 0.00% | 0.00x | 1.94x | Skr-4.42 Million |
| 2021 | -47.91% | -4266.37% | 0.01x | 1.75x | Skr-8.87 Million |
| 2022 | -76.91% | -5524.30% | 0.01x | 2.03x | Skr-13.36 Million |
| 2023 | -117.17% | -5099.28% | 0.02x | 1.52x | Skr-23.02 Million |
Industry Comparison
This section compares Ekobot AB's net assets metrics with peer companies in the Farm & Heavy Construction Machinery industry.
Industry Context
- Industry: Farm & Heavy Construction Machinery
- Average net assets among peers: $252,136,122
- Average return on equity (ROE) among peers: 1.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ekobot AB (EKOBOT) | Skr-593.00K | 70009.11% | N/A | $152.89K |
| engcon AB Cl B (ENGCON-B) | $501.00 Million | 60.88% | 1.37x | $280.32 Million |
| Lyckegard Group AB (LYGRD) | $3.27 Million | -58.73% | 1.41x | $3.58 Million |