GomSpace Group AB
GomSpace Group AB (publ), through its subsidiaries, manufactures and sells nanosatellites and components, and turnkey solutions for satellites in Denmark, Sweden, France, rest of Europe, the United States, Asia, and internationally. The company offers mission payloads, power and communication systems, command and data handling, attitude and orbit control system products, and structures; products … Read more
GomSpace Group AB (GOMX) - Net Assets
Latest net assets as of June 2025: Skr-11.89 Million SEK
Based on the latest financial reports, GomSpace Group AB (GOMX) has net assets worth Skr-11.89 Million SEK as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr346.77 Million) and total liabilities (Skr358.66 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 | Skr-11.89 Million |
| % of Total Assets | -3.43% |
| Annual Growth Rate | 13.02% |
| 5-Year Change | -90.62% |
| 10-Year Change | 68.02% |
| Growth Volatility | 278.84 |
GomSpace Group AB - Net Assets Trend (2013–2024)
This chart illustrates how GomSpace 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 GomSpace Group AB (2013–2024)
The table below shows the annual net assets of GomSpace Group AB from 2013 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr23.21 Million | -78.86% |
| 2023-12-31 | Skr109.78 Million | +4.76% |
| 2022-12-31 | Skr104.80 Million | -53.40% |
| 2021-12-31 | Skr224.89 Million | -9.11% |
| 2020-12-31 | Skr247.42 Million | -16.32% |
| 2019-12-31 | Skr295.68 Million | -33.08% |
| 2018-12-31 | Skr441.84 Million | +138.43% |
| 2017-12-31 | Skr185.31 Million | +26.84% |
| 2016-12-31 | Skr146.11 Million | +957.51% |
| 2015-12-31 | Skr13.82 Million | +78.94% |
| 2014-12-31 | Skr7.72 Million | +27.87% |
| 2013-12-31 | Skr6.04 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to GomSpace 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 77218600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr9.85 Million | 42.42% |
| Other Comprehensive Income | Skr16.97 Million | 73.09% |
| Other Components | Skr770.52 Million | 3319.36% |
| Total Equity | Skr23.21 Million | 100.00% |
GomSpace Group AB Competitors by Market Cap
The table below lists competitors of GomSpace Group AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Incap Oyj
HE:ICP1V
|
$132.05 Million |
|
CoreCard Corp
NYSE:CCRD
|
$132.07 Million |
|
TOVIS Co.Ltd
KQ:051360
|
$132.09 Million |
|
Jarllytec Co Ltd
TWO:3548
|
$132.20 Million |
|
Osisko Metals Incorporated
OTCQX:OMZNF
|
$132.03 Million |
|
F-Secure Oyj
PINK:FSOYF
|
$132.01 Million |
|
JINSUNG T.E.C. Inc
KQ:036890
|
$132.00 Million |
|
Carnarvon Petroleum Limited
PINK:CVONF
|
$131.99 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GomSpace Group AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 109,785,000 to 23,213,000, a change of -86,572,000 (-78.9%).
- Net loss of 86,925,000 reduced equity.
- Other comprehensive income decreased equity by 1,069,000.
- Other factors increased equity by 1,422,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-86.92 Million | -374.47% |
| Other Comprehensive Income | Skr-1.07 Million | -4.61% |
| Other Changes | Skr1.42 Million | +6.13% |
| Total Change | Skr- | -78.86% |
Book Value vs Market Value Analysis
This analysis compares GomSpace 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: 98.29x
- 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 37.36x to 98.29x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | Skr0.43 | Skr16.22 | x |
| 2014-12-31 | Skr0.56 | Skr16.22 | x |
| 2015-12-31 | Skr0.99 | Skr16.22 | x |
| 2016-12-31 | Skr5.97 | Skr16.22 | x |
| 2017-12-31 | Skr7.18 | Skr16.22 | x |
| 2018-12-31 | Skr15.44 | Skr16.22 | x |
| 2019-12-31 | Skr5.66 | Skr16.22 | x |
| 2020-12-31 | Skr4.73 | Skr16.22 | x |
| 2021-12-31 | Skr4.30 | Skr16.22 | x |
| 2022-12-31 | Skr1.73 | Skr16.22 | x |
| 2023-12-31 | Skr1.08 | Skr16.22 | x |
| 2024-12-31 | Skr0.17 | Skr16.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GomSpace 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): -374.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -33.82%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 14.07x
- Recent ROE (-374.47%) is below the historical average (-67.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 0.26% | 0.16% | 0.94x | 1.72x | Skr-587.80K |
| 2014 | 15.85% | 4.59% | 1.40x | 2.47x | Skr451.90K |
| 2015 | -17.15% | -6.95% | 1.13x | 2.18x | Skr-3.75 Million |
| 2016 | 6.15% | 16.59% | 0.26x | 1.41x | Skr-5.63 Million |
| 2017 | -29.13% | -56.00% | 0.31x | 1.69x | Skr-72.52 Million |
| 2018 | -25.46% | -73.34% | 0.25x | 1.38x | Skr-156.68 Million |
| 2019 | -51.29% | -111.30% | 0.31x | 1.48x | Skr-181.23 Million |
| 2020 | -17.61% | -22.39% | 0.48x | 1.63x | Skr-68.31 Million |
| 2021 | -12.15% | -12.79% | 0.54x | 1.76x | Skr-49.82 Million |
| 2022 | -217.39% | -114.84% | 0.59x | 3.19x | Skr-238.30 Million |
| 2023 | -84.35% | -38.93% | 0.79x | 2.75x | Skr-103.58 Million |
| 2024 | -374.47% | -33.82% | 0.79x | 14.07x | Skr-89.25 Million |
Industry Comparison
This section compares GomSpace Group AB's net assets metrics with peer companies in the Aerospace & Defense industry.
Industry Context
- Industry: Aerospace & Defense
- Average net assets among peers: $177,393,309
- Average return on equity (ROE) among peers: 5.30%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GomSpace Group AB (GOMX) | Skr-11.89 Million | 0.26% | N/A | $132.05 Million |
| Scandinavian Astor Group AB (ASTOR) | $243.46 Million | 0.17% | 0.86x | $61.48 Million |
| AVTECH Sweden AB Series B (AVT-B) | $31.19 Million | 19.55% | 0.08x | $29.31 Million |
| CTT Systems AB (CTT) | $43.00 Million | 2.33% | 1.49x | $116.33 Million |
| MilDef Group AB (MILDEF) | $568.20 Million | -0.12% | 0.42x | $447.60 Million |
| W5 Solutions AB (W5) | $1.12 Million | 4.60% | 2.50x | $51.13 Million |