Fragbite Group AB Net Assets
Fragbite Group AB net assets. Based on the latest financial reports, Fragbite Group AB (FRAG) has net assets worth Skr56.76 Million SEK (≈ $6.11 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr84.15 Million ≈ $9.06 Million USD) and total liabilities (Skr27.39 Million ≈ $2.95 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. Also explore FRAG net assets growth trend to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr56.76 Million |
| % of Total Assets | 67.46% |
| Annual Growth Rate | 2.96% |
| 5-Year Change | -67.12% |
| 10-Year Change | N/A |
| Growth Volatility | 140.71 |
Net Assets of Fragbite Group AB (2018–2025)
Net assets of Fragbite Group AB from 2018 to 2025. This chart illustrates how Fragbite Group AB's net assets have evolved over time, based on quarterly financial data. See FRAG net asset quality index to measure how much of total assets are equity-financed.
Annual Net Assets for Fragbite Group AB (2018–2025)
The table below shows the annual net assets of Fragbite Group AB from 2018 to 2025. For live market cap and overall valuation, see market value of Fragbite Group AB.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr66.84 Million ≈ $7.19 Million |
-17.38% |
| 2024-12-31 | Skr80.89 Million ≈ $8.71 Million |
-44.62% |
| 2023-12-31 | Skr146.07 Million ≈ $15.72 Million |
-9.56% |
| 2022-12-31 | Skr161.51 Million ≈ $17.38 Million |
-20.54% |
| 2021-12-31 | Skr203.25 Million ≈ $21.87 Million |
+200.40% |
| 2020-12-31 | Skr67.66 Million ≈ $7.28 Million |
+331.64% |
| 2019-12-31 | Skr15.68 Million ≈ $1.69 Million |
-71.23% |
| 2018-12-31 | Skr54.48 Million ≈ $5.86 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Fragbite 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 decreased by 1315.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Fragbite Group AB Net Assets Breakdown (December 2025)
Fragbite Group AB net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr4.04 Million | 6.04% |
| Other Components | Skr456.89 Million | 683.58% |
| Total Equity | Skr66.84 Million | 100.00% |
Fragbite Group AB Competitors by Market Cap
The table below lists competitors of Fragbite Group AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
36Kr Holdings Inc
NASDAQ:KRKR
|
$5.17 Million |
|
Jatcorp Ltd
AU:JAT
|
$5.17 Million |
|
FLYNN Gold Ltd
AU:FG1
|
$5.17 Million |
|
AT Systematization Bhd
KLSE:0072
|
$5.17 Million |
|
Nippon Active Value Fund Plc
LSE:NAVF
|
$5.16 Million |
|
MEKICS Co Ltd
KQ:058110
|
$5.16 Million |
|
Protektor S.A.
WAR:PRT
|
$5.16 Million |
|
Athena Resources Ltd
AU:AHN
|
$5.15 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Fragbite Group AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 80,892,000 to 66,837,999, a change of -14,054,001 (-17.4%).
- Net income of 7,624,000 contributed positively to equity growth.
- New share issuances of 10,248,000 increased equity.
- Other factors decreased equity by 31,926,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr7.62 Million | +11.41% |
| Share Issuances | Skr10.25 Million | +15.33% |
| Other Changes | Skr-31.93 Million | -47.77% |
| Total Change | Skr- | -17.37% |
Book Value vs Market Value Analysis
This analysis compares Fragbite 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: 0.65x
- 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 28.08x to 0.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | Skr0.21 | Skr5.94 | x |
| 2020-12-31 | Skr0.91 | Skr5.94 | x |
| 2021-12-31 | Skr1610.29 | Skr5.94 | x |
| 2022-12-31 | Skr907.77 | Skr5.94 | x |
| 2023-12-31 | Skr672.96 | Skr5.94 | x |
| 2024-12-31 | Skr11.93 | Skr5.94 | x |
| 2025-12-31 | Skr9.11 | Skr5.94 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Fragbite 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): 11.41%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 5.30%
- • Asset Turnover: 1.52x
- • Equity Multiplier: 1.42x
- Recent ROE (11.41%) is above the historical average (-56.41%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -88.13% | -1113.27% | 0.06x | 1.40x | Skr-15.38 Million |
| 2020 | -33.70% | -496.17% | 0.06x | 1.07x | Skr-29.57 Million |
| 2021 | -24.79% | -40.63% | 0.41x | 1.50x | Skr-70.72 Million |
| 2022 | -63.84% | -40.59% | 0.66x | 2.37x | Skr-119.26 Million |
| 2023 | -36.39% | -22.41% | 0.24x | 6.74x | Skr-67.75 Million |
| 2024 | -159.45% | -60.49% | 1.10x | 2.39x | Skr-137.07 Million |
| 2025 | 11.41% | 5.30% | 1.52x | 1.42x | Skr940.20K |
Industry Comparison
This section compares Fragbite Group AB's net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $2,246,581,141
- Average return on equity (ROE) among peers: -98.09%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Fragbite Group AB (FRAG) | Skr56.76 Million | -88.13% | 0.48x | $5.16 Million |
| Enad Global 7 AB (EG7) | $4.60 Billion | 2.11% | 0.31x | $134.64 Million |
| Embracer Group AB (publ) (EMBRAC-B) | $1.07 Billion | 12.97% | 0.24x | $2.17 Billion |
| Flexion Mobile PLC (FLEXM) | $18.06 Million | 1.94% | 1.63x | $17.57 Million |
| Fsport AB (FSPORT) | $3.21 Million | -697.11% | 2.97x | $1.24 Million |
| G5 Entertainment publ AB (G5EN) | $385.61 Million | 11.68% | 0.42x | $51.89 Million |
| GiG Software PLC (GIG-SDB) | $54.20 Million | -147.97% | 0.39x | $57.05 Million |
| LL Lucky Games publ AB (LADYLU) | $37.28 Million | -59.36% | 1.20x | $14.78 Million |
| MAG Interactive AB (publ) (MAGI) | $313.84 Million | -5.53% | 0.31x | $25.66 Million |
| Modern Times Group Mtg AB (MTG-A) | $13.74 Billion | -1.53% | 0.32x | $5.10 Million |
About Fragbite Group AB
Fragbite Group AB (publ) develops and publishes games, game engines, game products, and esports content in Sweden. The company develops Ips; and operates tournament concepts and an editorial business. It also offers marketing services in esports and gaming, as well as operates an advertising network. The company was formerly known as FunRock AB and changed its name to Fragbite Group AB (publ) in … Read more