Freja eID Group AB

ST:FREJA Sweden Software - Infrastructure
Market Cap
$35.05 Million
Skr393.16 Million SEK
Market Cap Rank
#27089 Global
#358 in Sweden
Share Price
Skr14.85
Change (1 day)
-1.00%
52-Week Range
Skr9.40 - Skr19.00
All Time High
Skr62.33
Categories
Companies in Sweden Software - Infrastructure Technology AI & Machine Learning
About

Freja eID Group AB (publ) develops products and services for digital identification in Sweden and internationally. The company operates in two segments, Freja elD and Fulfillment. It offers Freja eID, a digital wallet that contains, among other things a government-approved e-ID, a mobile ID card for physical identification and mobile payment features and data sharing with consent. The company als… Read more

Freja eID Group AB (FREJA) - Net Assets

Latest net assets as of December 2025: Skr22.00 Million SEK

Based on the latest financial reports, Freja eID Group AB (FREJA) has net assets worth Skr22.00 Million SEK as of December 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr69.42 Million) and total liabilities (Skr47.42 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 Skr22.00 Million
% of Total Assets 31.69%
Annual Growth Rate 8.69%
5-Year Change -62.87%
10-Year Change -52.8%
Growth Volatility 147.29

Freja eID Group AB - Net Assets Trend (2012–2025)

This chart illustrates how Freja eID Group 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 Freja eID Group AB (2012–2025)

The table below shows the annual net assets of Freja eID Group AB from 2012 to 2025.

Year Net Assets Change
2025-12-31 Skr22.00 Million +906.86%
2024-12-31 Skr-2.73 Million -119.76%
2023-12-31 Skr13.80 Million -35.36%
2022-12-31 Skr21.35 Million -63.97%
2021-12-31 Skr59.24 Million +30.32%
2020-12-31 Skr45.46 Million +163.33%
2019-12-31 Skr17.26 Million -55.46%
2018-12-31 Skr38.76 Million +58.25%
2017-12-31 Skr24.49 Million -47.44%
2016-12-31 Skr46.60 Million +50.55%
2015-12-31 Skr30.96 Million -18.93%
2014-12-31 Skr38.18 Million +464.56%
2013-12-31 Skr6.76 Million -9.19%
2012-12-31 Skr7.45 Million --

Equity Component Analysis

This analysis shows how different components contribute to Freja eID 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 3658.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Common Stock Skr1.49 Million 6.77%
Other Comprehensive Income Skr770.00K 3.50%
Other Components Skr281.17 Million 1278.39%
Total Equity Skr21.99 Million 100.00%

Freja eID Group AB Competitors by Market Cap

The table below lists competitors of Freja eID Group AB ranked by their market capitalization.

Company Market Cap
RTG Mining Inc
PINK:RTTGF
 		$13.91 Million
PJX Resources Inc
OTCQB:PJXRF
 		$13.91 Million
Ctac N.V
AS:CTAC
 		$13.92 Million
Nextech3D.AI Corporation
F:1SS
 		$13.92 Million
Metalicity Limited
STU:P8O
 		$13.90 Million
Domo Activos Socimi SA
MC:DOMO
 		$13.90 Million
FARMACOSMO SPA O.N.
F:ZJ1
 		$13.90 Million
Cardia Bioplastics Limited
PINK:SCGRF
 		$13.89 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Freja eID Group AB's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from -2,726,000 to 21,994,000, a change of 24,720,000.
  • Net loss of 15,311,000 reduced equity.
  • New share issuances of 40,981,000 increased equity.
  • Other comprehensive income decreased equity by 880,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Skr-15.31 Million -69.61%
Share Issuances Skr40.98 Million +186.33%
Other Comprehensive Income Skr-880.00K -4.0%
Other Changes Skr-70.00K -0.32%
Total Change Skr- %

Book Value vs Market Value Analysis

This analysis compares Freja eID 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: 17.39x
  • 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 25.02x to 17.39x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 Skr0.59 Skr14.85 x
2013-12-31 Skr0.54 Skr14.85 x
2014-12-31 Skr3.16 Skr14.85 x
2015-12-31 Skr2.33 Skr14.85 x
2016-12-31 Skr3.80 Skr14.85 x
2017-12-31 Skr1.84 Skr14.85 x
2018-12-31 Skr2.80 Skr14.85 x
2019-12-31 Skr1.18 Skr14.85 x
2020-12-31 Skr3.08 Skr14.85 x
2021-12-31 Skr3.32 Skr14.85 x
2022-12-31 Skr1.13 Skr14.85 x
2023-12-31 Skr0.69 Skr14.85 x
2024-12-31 Skr-0.12 Skr14.85 x
2025-12-31 Skr0.85 Skr14.85 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Freja eID 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): -69.61%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -29.97%
  • • Asset Turnover: 0.74x
  • • Equity Multiplier: 3.16x
  • Recent ROE (-69.61%) is below the historical average (-68.58%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 60.26% 11.12% 1.24x 4.37x Skr3.74 Million
2013 24.28% 3.01% 1.25x 6.43x Skr965.58K
2014 3.51% 2.61% 0.73x 1.83x Skr-2.48 Million
2015 -26.29% -13.04% 1.00x 2.01x Skr-11.23 Million
2016 -39.48% -30.62% 0.73x 1.76x Skr-23.06 Million
2017 -93.24% -37.43% 0.96x 2.60x Skr-25.29 Million
2018 -75.82% -38.55% 0.90x 2.19x Skr-33.26 Million
2019 -143.03% -24.76% 1.12x 5.17x Skr-26.42 Million
2020 -99.12% -205.78% 0.26x 1.87x Skr-49.60 Million
2021 -88.34% -253.58% 0.22x 1.58x Skr-58.25 Million
2022 -181.59% -131.75% 0.49x 2.80x Skr-40.90 Million
2023 -231.67% -88.07% 0.58x 4.52x Skr-33.34 Million
2024 0.00% -53.22% 0.72x 0.00x Skr-23.09 Million
2025 -69.61% -29.97% 0.74x 3.16x Skr-17.51 Million

Industry Comparison

This section compares Freja eID Group AB's net assets metrics with peer companies in the Software - Infrastructure industry.

Industry Context

  • Industry: Software - Infrastructure
  • Average net assets among peers: $161,930,990
  • Average return on equity (ROE) among peers: -21.10%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Freja eID Group AB (FREJA) Skr22.00 Million 60.26% 2.16x $13.91 Million
4C Group AB (4C) $268.86 Million -6.23% 0.92x $16.40 Million
Alpcot Holding AB Series B (ALPCOT-B) $80.02 Million -52.35% 0.49x $5.17 Million
Binero Group AB (BINERO) $89.97 Million -32.35% 0.66x $19.75 Million
Clavister Holding AB (publ.) (CLAV) $208.38 Million -26.49% 0.33x $104.50 Million
Cyber Security 1 AB (CYB1) $-2.54 Million 0.00% 0.00x $1.05 Million
Enea AB (ENEA) $730.08 Million 0.00% 0.40x $59.43 Million
Sonetel AB (SONE) $30.72 Million -1.80% 0.41x $1.11 Million
West International AB (WPAY) $33.49 Million -70.65% 0.64x $9.09 Million
Yubico AB (YUBICO) $18.40 Million 0.00% 0.08x $150.95 Million