eWork Group AB (EWRK) - Net Assets
Based on the latest financial reports, eWork Group AB (EWRK) has net assets worth Skr258.65 Million SEK (≈ $27.83 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr3.02 Billion ≈ $325.21 Million USD) and total liabilities (Skr2.76 Billion ≈ $297.37 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 eWork Group AB tangible equity quality to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr258.65 Million |
| % of Total Assets | 8.56% |
| Annual Growth Rate | 10.59% |
| 5-Year Change | 25.58% |
| 10-Year Change | 83.79% |
| Growth Volatility | 20.81 |
eWork Group AB - Net Assets Trend (2005–2025)
This chart illustrates how eWork Group AB's net assets have evolved over time, based on quarterly financial data. See how many days can eWork Group AB fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for eWork Group AB (2005–2025)
The table below shows the annual net assets of eWork Group AB from 2005 to 2025. For live valuation and market cap data, see EWRK company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr249.80 Million ≈ $26.88 Million |
-17.10% |
| 2024-12-31 | Skr301.33 Million ≈ $32.43 Million |
+7.29% |
| 2023-12-31 | Skr280.86 Million ≈ $30.22 Million |
+7.67% |
| 2022-12-31 | Skr260.85 Million ≈ $28.07 Million |
+31.13% |
| 2021-12-31 | Skr198.92 Million ≈ $21.41 Million |
-6.20% |
| 2020-12-31 | Skr212.07 Million ≈ $22.82 Million |
+34.13% |
| 2019-12-31 | Skr158.11 Million ≈ $17.01 Million |
+1.60% |
| 2018-12-31 | Skr155.61 Million ≈ $16.75 Million |
+2.58% |
| 2017-12-31 | Skr151.69 Million ≈ $16.32 Million |
+11.61% |
| 2016-12-31 | Skr135.92 Million ≈ $14.63 Million |
+21.13% |
| 2015-12-31 | Skr112.21 Million ≈ $12.08 Million |
-11.23% |
| 2014-12-31 | Skr126.41 Million ≈ $13.60 Million |
+0.16% |
| 2013-12-31 | Skr126.22 Million ≈ $13.58 Million |
-6.82% |
| 2012-12-31 | Skr135.46 Million ≈ $14.58 Million |
+18.18% |
| 2011-12-31 | Skr114.61 Million ≈ $12.33 Million |
+24.53% |
| 2010-12-31 | Skr92.04 Million ≈ $9.90 Million |
+12.30% |
| 2009-12-31 | Skr81.96 Million ≈ $8.82 Million |
-7.39% |
| 2008-12-31 | Skr88.50 Million ≈ $9.52 Million |
+76.35% |
| 2007-12-31 | Skr50.18 Million ≈ $5.40 Million |
+35.70% |
| 2006-12-31 | Skr36.98 Million ≈ $3.98 Million |
+10.93% |
| 2005-12-31 | Skr33.34 Million ≈ $3.59 Million |
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Equity Component Analysis
This analysis shows how different components contribute to eWork Group 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 613.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr190.69 Million | 76.34% |
| Common Stock | Skr2.25 Million | 0.90% |
| Other Comprehensive Income | Skr-7.01 Million | -2.81% |
| Other Components | Skr63.88 Million | 25.57% |
| Total Equity | Skr249.80 Million | 100.00% |
eWork Group AB Competitors by Market Cap
The table below lists competitors of eWork Group AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Lhyfe SA
PA:LHYFE
|
$106.24 Million |
|
Chung Lien Transportation Co Ltd
TWO:5604
|
$106.25 Million |
|
Yi Jinn Industrial Co Ltd
TW:1457
|
$106.31 Million |
|
icad inc
NASDAQ:ICAD
|
$106.31 Million |
|
Haitai Confectionery and Foods Co Ltd
KO:101530
|
$106.21 Million |
|
Expensify Inc
NASDAQ:EXFY
|
$106.19 Million |
|
Nerdy Inc
NYSE:NRDY
|
$106.16 Million |
|
Action Electronics Co Ltd
TW:3024
|
$106.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in eWork Group AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 301,333,000 to 249,799,000, a change of -51,534,000 (-17.1%).
- Net income of 76,229,000 contributed positively to equity growth.
- Dividend payments of 121,011,000 reduced retained earnings.
- Other comprehensive income decreased equity by 6,097,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr76.23 Million | +30.52% |
| Dividends Paid | Skr121.01 Million | -48.44% |
| Other Comprehensive Income | Skr-6.10 Million | -2.44% |
| Other Changes | Skr-655.00K | -0.26% |
| Total Change | Skr- | -17.10% |
Book Value vs Market Value Analysis
This analysis compares eWork Group 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: 3.95x
- 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 18.09x to 3.95x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | Skr3.16 | Skr57.10 | x |
| 2008-12-31 | Skr6.49 | Skr57.10 | x |
| 2009-12-31 | Skr4.90 | Skr57.10 | x |
| 2010-12-31 | Skr5.50 | Skr57.10 | x |
| 2011-12-31 | Skr6.83 | Skr57.10 | x |
| 2012-12-31 | Skr8.04 | Skr57.10 | x |
| 2013-12-31 | Skr7.44 | Skr57.10 | x |
| 2014-12-31 | Skr7.44 | Skr57.10 | x |
| 2015-12-31 | Skr6.58 | Skr57.10 | x |
| 2016-12-31 | Skr7.93 | Skr57.10 | x |
| 2017-12-31 | Skr8.82 | Skr57.10 | x |
| 2018-12-31 | Skr9.03 | Skr57.10 | x |
| 2019-12-31 | Skr9.17 | Skr57.10 | x |
| 2020-12-31 | Skr12.30 | Skr57.10 | x |
| 2021-12-31 | Skr11.53 | Skr57.10 | x |
| 2022-12-31 | Skr15.09 | Skr57.10 | x |
| 2023-12-31 | Skr16.25 | Skr57.10 | x |
| 2024-12-31 | Skr17.43 | Skr57.10 | x |
| 2025-12-31 | Skr14.45 | Skr57.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently eWork Group 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): 30.52%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.55%
- • Asset Turnover: 4.26x
- • Equity Multiplier: 12.90x
- Recent ROE (30.52%) is below the historical average (41.05%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 49.93% | 3.83% | 3.01x | 4.33x | Skr13.31 Million |
| 2006 | 35.19% | 1.88% | 3.15x | 5.96x | Skr9.32 Million |
| 2007 | 55.61% | 2.34% | 3.03x | 7.86x | Skr22.89 Million |
| 2008 | 33.84% | 1.59% | 3.65x | 5.85x | Skr21.10 Million |
| 2009 | 14.52% | 0.72% | 3.70x | 5.43x | Skr3.71 Million |
| 2010 | 28.61% | 1.38% | 3.32x | 6.22x | Skr17.12 Million |
| 2011 | 36.30% | 1.59% | 3.47x | 6.56x | Skr30.14 Million |
| 2012 | 34.48% | 1.33% | 3.23x | 8.07x | Skr33.17 Million |
| 2013 | 25.40% | 0.85% | 3.16x | 9.46x | Skr19.44 Million |
| 2014 | 32.70% | 0.88% | 3.25x | 11.48x | Skr28.69 Million |
| 2015 | 53.17% | 0.98% | 3.39x | 16.02x | Skr48.45 Million |
| 2016 | 53.35% | 0.96% | 3.26x | 17.14x | Skr58.92 Million |
| 2017 | 52.81% | 0.84% | 3.38x | 18.51x | Skr64.94 Million |
| 2018 | 50.70% | 0.71% | 3.33x | 21.31x | Skr63.33 Million |
| 2019 | 47.62% | 0.60% | 3.27x | 24.38x | Skr59.48 Million |
| 2020 | 32.69% | 0.57% | 3.64x | 15.86x | Skr48.13 Million |
| 2021 | 49.26% | 0.74% | 3.54x | 18.72x | Skr78.10 Million |
| 2022 | 53.36% | 0.87% | 3.35x | 18.40x | Skr113.10 Million |
| 2023 | 45.94% | 0.75% | 4.17x | 14.73x | Skr100.94 Million |
| 2024 | 45.97% | 0.88% | 4.25x | 12.31x | Skr108.38 Million |
| 2025 | 30.52% | 0.55% | 4.26x | 12.90x | Skr51.25 Million |
Industry Comparison
This section compares eWork Group AB's net assets metrics with peer companies in the Staffing & Employment Services industry.
Industry Context
- Industry: Staffing & Employment Services
- Average net assets among peers: $84,807,398
- Average return on equity (ROE) among peers: 5.42%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| eWork Group AB (EWRK) | Skr258.65 Million | 49.93% | 10.68x | $106.23 Million |
| Dedicare AB (publ) (DEDI) | $28.11 Million | 56.45% | 2.02x | $37.87 Million |
| Hedera Group publ AB (HEGR) | $6.16 Million | -131.28% | 0.48x | $1.84 Million |
| Job Solution Sweden Holding AB (JOBS) | $27.53 Million | 25.79% | 0.76x | $17.38 Million |
| NGS Group AB (publ) (NGS) | $222.50 Million | 6.15% | 0.47x | $6.38 Million |
| NetJobs Group AB (NJOB) | $11.57 Million | 47.85% | 0.88x | $2.93 Million |
| Ogunsen AB Series B (OGUN-B) | $64.20 Million | 22.12% | 0.99x | $26.20 Million |
| Pion Group AB Series B (PION-B) | $207.35 Million | -6.95% | 2.14x | $21.44 Million |
| Wise Group AB (WISE) | $111.04 Million | 23.25% | 1.31x | $11.41 Million |
About eWork Group AB
Ework Group AB (publ) engages in the provision of total talent solutions for IT/OT, research and development, engineering, and business development in Sweden, Norway, Finland, Germany, Denmark, Poland, the Netherlands, and Slovakia. It offers talent solutions, such as consulting, recruitment, managed service provider, talent advisory, and total talent management; and additional services, includin… Read more