Invoicery Group AB (FRILAN) - Net Assets
Based on the latest financial reports, Invoicery Group AB (FRILAN) has net assets worth Skr67.93 Million SEK (≈ $7.31 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 (Skr291.22 Million ≈ $31.34 Million USD) and total liabilities (Skr223.29 Million ≈ $24.03 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. See debt-free asset ratio of Invoicery Group AB to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr67.93 Million |
| % of Total Assets | 23.33% |
| Annual Growth Rate | 16.18% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 0.7 |
Invoicery Group AB - Net Assets Trend (2022–2025)
This chart illustrates how Invoicery Group AB's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Invoicery Group AB worth.
Annual Net Assets for Invoicery Group AB (2022–2025)
The table below shows the annual net assets of Invoicery Group AB from 2022 to 2025. Also explore FRILAN shareholders equity momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-09-30 | Skr63.45 Million ≈ $6.83 Million |
+16.77% |
| 2024-09-30 | Skr54.33 Million ≈ $5.85 Million |
+15.20% |
| 2023-09-30 | Skr47.16 Million ≈ $5.08 Million |
+16.58% |
| 2022-09-30 | Skr40.45 Million ≈ $4.35 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Invoicery 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 64275900.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (September 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Skr63.45 Million | 100.00% |
| Total Equity | Skr63.45 Million | 100.00% |
Invoicery Group AB Competitors by Market Cap
The table below lists competitors of Invoicery Group AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
M VEST WATER NK-00227652
F:7YA
|
$21.88 Million |
|
HUTCHMED China Ltd
LSE:HCM
|
$21.89 Million |
|
Crypto Blockchain Industries SA
PA:ALCBI
|
$21.89 Million |
|
Nova Agritech Ltd.
NSE:NOVAAGRI
|
$21.89 Million |
|
Hydrogen Refueling Solutions
PA:ALHRS
|
$21.86 Million |
|
Lantern Pharma Inc
NASDAQ:LTRN
|
$21.86 Million |
|
NV Gold Corp
V:NVX
|
$21.85 Million |
|
Daesung Eltec Co. Ltd
KQ:025440
|
$21.85 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Invoicery Group AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 54,333,000 to 63,445,000, a change of 9,112,000 (16.8%).
- Net income of 14,310,000 contributed positively to equity growth.
- Dividend payments of 5,228,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr14.31 Million | +22.55% |
| Dividends Paid | Skr5.23 Million | -8.24% |
| Other Changes | Skr30.00K | +0.05% |
| Total Change | Skr- | 16.77% |
Book Value vs Market Value Analysis
This analysis compares Invoicery 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: 3.20x
- 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 increased from 0.95x to 3.20x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-09-30 | Skr7.36 | Skr7.00 | x |
| 2023-09-30 | Skr1.62 | Skr7.00 | x |
| 2024-09-30 | Skr1.87 | Skr7.00 | x |
| 2025-09-30 | Skr2.18 | Skr7.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Invoicery 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): 22.55%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.75%
- • Asset Turnover: 5.72x
- • Equity Multiplier: 5.25x
- Recent ROE (22.55%) is above the historical average (13.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 18.56% | 0.45% | 6.01x | 6.82x | Skr3.46 Million |
| 2023 | -4.27% | -0.12% | 5.82x | 5.99x | Skr-6.73 Million |
| 2024 | 18.37% | 0.56% | 6.03x | 5.46x | Skr4.55 Million |
| 2025 | 22.55% | 0.75% | 5.72x | 5.25x | Skr7.97 Million |
Industry Comparison
This section compares Invoicery Group AB's net assets metrics with peer companies in the Shell Companies industry.
No peer company data available for comparison.
About Invoicery Group AB
Invoicery Group AB (publ) engages in self-employment and work management business in Sweden, Norway, Finland, Denmark and France. The company also offers temporary hiring service to corporate customers; and creates tools for independent work. It operates under Frilans Finans, Invoicery, and Invoicery Business brands. Invoicery Group AB (publ) was incorporated in 2014 and is based in Uppsala, Swed… Read more