FormPipe Software AB
Formpipe Software AB (publ) provides software and consulting services for capturing, managing, and distributing information in Sweden, Denmark, rest of Nordic countries, the United Kingdom, Germany, rest of Europe, North America, and internationally. The company offers products that are used to create, store, distribute, automate, relocate, archive, and manage information, data, and metadata. Its… Read more
FormPipe Software AB (FPIP) - Net Assets
Latest net assets as of September 2025: Skr474.18 Million SEK
Based on the latest financial reports, FormPipe Software AB (FPIP) has net assets worth Skr474.18 Million SEK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr302.83 Million) and total liabilities (Skr-171.35 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 | Skr474.18 Million |
| % of Total Assets | 156.58% |
| Annual Growth Rate | 18.31% |
| 5-Year Change | 21.89% |
| 10-Year Change | 52.65% |
| Growth Volatility | 32.07 |
FormPipe Software AB - Net Assets Trend (2005–2024)
This chart illustrates how FormPipe Software 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 FormPipe Software AB (2005–2024)
The table below shows the annual net assets of FormPipe Software AB from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr486.17 Million | +1.40% |
| 2023-12-31 | Skr479.44 Million | +8.47% |
| 2022-12-31 | Skr442.02 Million | +2.88% |
| 2021-12-31 | Skr429.64 Million | +7.72% |
| 2020-12-31 | Skr398.86 Million | -0.32% |
| 2019-12-31 | Skr400.13 Million | +2.33% |
| 2018-12-31 | Skr391.02 Million | +7.09% |
| 2017-12-31 | Skr365.13 Million | +4.64% |
| 2016-12-31 | Skr348.95 Million | +9.57% |
| 2015-12-31 | Skr318.49 Million | +2.65% |
| 2014-12-31 | Skr310.28 Million | +16.28% |
| 2013-12-31 | Skr266.85 Million | +10.38% |
| 2012-12-31 | Skr241.76 Million | +85.42% |
| 2011-12-31 | Skr130.39 Million | +10.09% |
| 2010-12-31 | Skr118.44 Million | -2.65% |
| 2009-12-31 | Skr121.67 Million | +13.69% |
| 2008-12-31 | Skr107.02 Million | +109.04% |
| 2007-12-31 | Skr51.20 Million | +80.59% |
| 2006-12-31 | Skr28.35 Million | +42.37% |
| 2005-12-31 | Skr19.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to FormPipe Software 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 18511700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr185.12 Million | 38.08% |
| Common Stock | Skr5.43 Million | 1.12% |
| Other Comprehensive Income | Skr65.30 Million | 13.43% |
| Other Components | Skr230.32 Million | 47.38% |
| Total Equity | Skr486.17 Million | 100.00% |
FormPipe Software AB Competitors by Market Cap
The table below lists competitors of FormPipe Software AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BTCS INC. DL-001
F:BIC
|
$55.02 Million |
|
Boryszew SA
WAR:BRS
|
$55.03 Million |
|
Grigeo AB
STU:WM8
|
$55.05 Million |
|
Koryo Credit Information Co. Ltd
KQ:049720
|
$55.05 Million |
|
HMT Limited
NSE:HMT
|
$54.97 Million |
|
Korea Cast Pip
KO:000970
|
$54.93 Million |
|
KOSKISEN OYJ EO 1
F:EZ8
|
$54.92 Million |
|
BeyondSpring Inc
NASDAQ:BYSI
|
$54.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in FormPipe Software AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 479,443,000 to 486,170,000, a change of 6,727,000 (1.4%).
- Net income of 17,093,000 contributed positively to equity growth.
- Dividend payments of 27,119,000 reduced retained earnings.
- Share repurchases of 4,000 reduced equity.
- New share issuances of 4,000 increased equity.
- Other comprehensive income increased equity by 15,313,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr17.09 Million | +3.52% |
| Dividends Paid | Skr27.12 Million | -5.58% |
| Share Repurchases | Skr4.00K | -0.0% |
| Share Issuances | Skr4.00K | +0.0% |
| Other Comprehensive Income | Skr15.31 Million | +3.15% |
| Other Changes | Skr1.44 Million | +0.3% |
| Total Change | Skr- | 1.40% |
Book Value vs Market Value Analysis
This analysis compares FormPipe Software 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: 2.63x
- 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 4.67x to 2.63x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | Skr5.05 | Skr23.60 | x |
| 2010-12-31 | Skr4.80 | Skr23.60 | x |
| 2011-12-31 | Skr5.23 | Skr23.60 | x |
| 2012-12-31 | Skr6.27 | Skr23.60 | x |
| 2013-12-31 | Skr5.40 | Skr23.60 | x |
| 2014-12-31 | Skr6.19 | Skr23.60 | x |
| 2015-12-31 | Skr6.23 | Skr23.60 | x |
| 2016-12-31 | Skr6.76 | Skr23.60 | x |
| 2017-12-31 | Skr6.96 | Skr23.60 | x |
| 2018-12-31 | Skr7.39 | Skr23.60 | x |
| 2019-12-31 | Skr7.50 | Skr23.60 | x |
| 2020-12-31 | Skr7.45 | Skr23.60 | x |
| 2021-12-31 | Skr7.97 | Skr23.60 | x |
| 2022-12-31 | Skr8.16 | Skr23.60 | x |
| 2023-12-31 | Skr8.84 | Skr23.60 | x |
| 2024-12-31 | Skr8.96 | Skr23.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently FormPipe Software 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): 3.52%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.23%
- • Asset Turnover: 0.62x
- • Equity Multiplier: 1.76x
- Recent ROE (3.52%) is below the historical average (9.12%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 14.93% | 9.71% | 0.68x | 2.25x | Skr1.40 Million |
| 2007 | 17.61% | 13.33% | 0.49x | 2.70x | Skr3.89 Million |
| 2008 | 17.68% | 17.86% | 0.51x | 1.93x | Skr8.21 Million |
| 2009 | 14.82% | 14.13% | 0.67x | 1.57x | Skr5.86 Million |
| 2010 | 7.25% | 7.66% | 0.60x | 1.57x | Skr-3.26 Million |
| 2011 | 11.28% | 13.07% | 0.56x | 1.54x | Skr1.66 Million |
| 2012 | 5.67% | 6.77% | 0.35x | 2.39x | Skr-10.38 Million |
| 2013 | 5.57% | 5.00% | 0.50x | 2.24x | Skr-11.70 Million |
| 2014 | 5.55% | 4.96% | 0.52x | 2.15x | Skr-13.64 Million |
| 2015 | 5.55% | 5.01% | 0.57x | 1.96x | Skr-14.02 Million |
| 2016 | 6.32% | 5.78% | 0.58x | 1.88x | Skr-12.75 Million |
| 2017 | 6.84% | 6.36% | 0.58x | 1.86x | Skr-11.47 Million |
| 2018 | 10.20% | 9.82% | 0.58x | 1.80x | Skr787.70K |
| 2019 | 8.76% | 8.90% | 0.58x | 1.69x | Skr-4.98 Million |
| 2020 | 10.38% | 10.27% | 0.56x | 1.81x | Skr1.50 Million |
| 2021 | 11.74% | 10.66% | 0.67x | 1.64x | Skr7.47 Million |
| 2022 | 1.98% | 1.81% | 0.62x | 1.77x | Skr-35.44 Million |
| 2023 | 7.70% | 7.03% | 0.63x | 1.74x | Skr-11.03 Million |
| 2024 | 3.52% | 3.23% | 0.62x | 1.76x | Skr-31.52 Million |
Industry Comparison
This section compares FormPipe Software AB's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $126,048,416
- Average return on equity (ROE) among peers: -49.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| FormPipe Software AB (FPIP) | Skr474.18 Million | 14.93% | -0.36x | $55.01 Million |
| 24SevenOffice Scandinavia AB (247) | $224.91 Million | -92.59% | 1.79x | $11.74 Million |
| eEducation Albert AB (ALBERT) | $239.38 Million | -40.80% | 0.27x | $4.54 Million |
| AppSpotr AB (APTR) | $1.94 Million | -82.05% | 0.40x | $2.58 Million |
| Better Collective (BETCO) | $412.92 Million | 11.64% | 0.90x | $403.96 Million |
| BIMobject AB (BIM) | $2.25 Million | -100.86% | 0.40x | $36.99 Million |
| Bambuser AB (BUSER) | $94.15 Million | -120.06% | 0.51x | $12.43 Million |
| CodeMill AB (CDMIL) | $29.32 Million | -19.90% | 1.21x | $7.40 Million |
| Crunchfish AB (CFISH) | $47.16 Million | -56.24% | 0.17x | $12.42 Million |
| ChargePanel AB (CHARGE) | $672.00K | 3.13% | 2.05x | $3.02 Million |
| Checkin.com Group AB (CHECK) | $207.78 Million | 1.67% | 0.16x | $1.07 Million |