Exsitec Holding AB (EXS) - Net Assets
Based on the latest financial reports, Exsitec Holding AB (EXS) has net assets worth Skr553.41 Million SEK (≈ $59.56 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 (Skr1.14 Billion ≈ $123.06 Million USD) and total liabilities (Skr590.15 Million ≈ $63.51 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 tangible equity quality of Exsitec Holding AB to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr553.41 Million |
| % of Total Assets | 48.39% |
| Annual Growth Rate | 24.79% |
| 5-Year Change | 120.97% |
| 10-Year Change | N/A |
| Growth Volatility | 24.76 |
Exsitec Holding AB - Net Assets Trend (2018–2025)
This chart illustrates how Exsitec Holding AB's net assets have evolved over time, based on quarterly financial data. See EXS defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Exsitec Holding AB (2018–2025)
The table below shows the annual net assets of Exsitec Holding AB from 2018 to 2025. For live valuation and market cap data, see market cap of Exsitec Holding AB.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr510.13 Million ≈ $54.90 Million |
+11.54% |
| 2024-12-31 | Skr457.34 Million ≈ $49.22 Million |
+10.20% |
| 2023-12-31 | Skr415.01 Million ≈ $44.66 Million |
+14.07% |
| 2022-12-31 | Skr363.82 Million ≈ $39.15 Million |
+57.59% |
| 2021-12-31 | Skr230.86 Million ≈ $24.84 Million |
+56.32% |
| 2020-12-31 | Skr147.68 Million ≈ $15.89 Million |
+49.79% |
| 2019-12-31 | Skr98.59 Million ≈ $10.61 Million |
-8.90% |
| 2018-12-31 | Skr108.22 Million ≈ $11.65 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Exsitec Holding 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 16969693300.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr160.04 Million | 31.45% |
| Common Stock | Skr671.00K | 0.13% |
| Other Components | Skr348.21 Million | 68.42% |
| Total Equity | Skr508.92 Million | 100.00% |
Exsitec Holding AB Competitors by Market Cap
The table below lists competitors of Exsitec Holding AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Axactor SE
OL:ACR
|
$149.59 Million |
|
Diffusion Engineers Ltd
NSE:DIFFNKG
|
$149.60 Million |
|
Resources Connection Inc
NASDAQ:RGP
|
$149.68 Million |
|
Wah Seong Corporation Bhd
KLSE:5142
|
$149.69 Million |
|
Wanhwa Enterprise Co
TW:2701
|
$149.56 Million |
|
Marti Technologies Inc.
NYSE:MRT
|
$149.55 Million |
|
Smec Co.Ltd
KQ:099440
|
$149.54 Million |
|
BankFinancial Corporation
NASDAQ:BFIN
|
$149.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Exsitec Holding AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 456,041,000 to 508,924,000, a change of 52,883,000 (11.6%).
- Net income of 85,879,000 contributed positively to equity growth.
- Dividend payments of 23,502,000 reduced retained earnings.
- Other comprehensive income decreased equity by 998,999.
- Other factors decreased equity by 8,495,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr85.88 Million | +16.87% |
| Dividends Paid | Skr23.50 Million | -4.62% |
| Other Comprehensive Income | Skr-999.00K | -0.2% |
| Other Changes | Skr-8.50 Million | -1.67% |
| Total Change | Skr- | 11.60% |
Book Value vs Market Value Analysis
This analysis compares Exsitec Holding 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: 2.73x
- 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 12.02x to 2.73x 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 | Skr8.61 | Skr103.50 | x |
| 2019-12-31 | Skr7.82 | Skr103.50 | x |
| 2020-12-31 | Skr11.59 | Skr103.50 | x |
| 2021-12-31 | Skr17.95 | Skr103.50 | x |
| 2022-12-31 | Skr27.24 | Skr103.50 | x |
| 2023-12-31 | Skr30.97 | Skr103.50 | x |
| 2024-12-31 | Skr34.01 | Skr103.50 | x |
| 2025-12-31 | Skr37.89 | Skr103.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Exsitec Holding 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): 16.87%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.60%
- • Asset Turnover: 0.80x
- • Equity Multiplier: 2.20x
- Recent ROE (16.87%) is above the historical average (4.63%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -9.58% | -5.44% | 0.89x | 1.99x | Skr-19.73 Million |
| 2019 | -8.10% | -2.83% | 1.33x | 2.14x | Skr-16.58 Million |
| 2020 | 1.94% | 0.94% | 1.35x | 1.53x | Skr-11.42 Million |
| 2021 | -9.56% | -4.12% | 0.97x | 2.39x | Skr-45.15 Million |
| 2022 | 15.42% | 8.55% | 0.88x | 2.06x | Skr19.74 Million |
| 2023 | 17.06% | 9.43% | 0.93x | 1.94x | Skr29.32 Million |
| 2024 | 12.96% | 7.29% | 0.71x | 2.49x | Skr13.52 Million |
| 2025 | 16.87% | 9.60% | 0.80x | 2.20x | Skr34.99 Million |
Industry Comparison
This section compares Exsitec Holding AB's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $232,834,858
- Average return on equity (ROE) among peers: 19.93%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Exsitec Holding AB (EXS) | Skr553.41 Million | -9.58% | 1.07x | $149.59 Million |
| Addnode Group AB (publ) (ANOD-B) | $793.83 Million | 10.89% | 0.68x | $611.13 Million |
| Avensia publ AB (AVEN) | $28.47 Million | 39.19% | 0.67x | $29.00 Million |
| B3 Consulting Group AB (B3) | $17.89 Million | 56.74% | 3.73x | $21.77 Million |
| CAG Group AB (publ) (CAG) | $64.64 Million | 33.50% | 2.11x | $78.68 Million |
| CombinedX AB (CX) | $318.30 Million | 11.06% | 0.88x | $77.35 Million |
| Dustin Group AB (DUST) | $555.84 Million | 13.91% | 4.83x | $243.66 Million |
| Fram Skandinavien AB Series B (FRAM-B) | $62.64 Million | -29.16% | 0.08x | $1.57 Million |
| Know IT AB (KNOW) | $110.90 Million | 23.35% | 1.06x | $249.36 Million |
| Novotek AB (NTEK-B) | $143.01 Million | 19.89% | 0.95x | $52.29 Million |
About Exsitec Holding AB
Exsitec Holding AB (publ) provides digital solutions to medium-sized companies in Sweden, Norway, Denmark, and Finland. It offers ERP systems; AP automation; cloud-based payroll system; budget and forecasting; analytics and reporting; CRM system; procurement; warehouse management; service, construction, and contracting system; integrations; application development; IT operations; e-commerce; proj… Read more