IAR Systems Group AB (publ) (IAR-B) - Net Assets

Latest as of June 2025: Skr435.90 Million SEK ≈ $46.91 Million USD

Based on the latest financial reports, IAR Systems Group AB (publ) (IAR-B) has net assets worth Skr435.90 Million SEK (≈ $46.91 Million USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr683.90 Million ≈ $73.60 Million USD) and total liabilities (Skr248.00 Million ≈ $26.69 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. Check IAR-B financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Skr435.90 Million
% of Total Assets 63.74%
Annual Growth Rate 10.25%
5-Year Change -24.6%
10-Year Change 58.99%
Growth Volatility 129.05

IAR Systems Group AB (publ) - Net Assets Trend (2004–2024)

This chart illustrates how IAR Systems Group AB (publ)'s net assets have evolved over time, based on quarterly financial data. Also explore IAR-B total asset value for the complete picture of this company's asset base.

Annual Net Assets for IAR Systems Group AB (publ) (2004–2024)

The table below shows the annual net assets of IAR Systems Group AB (publ) from 2004 to 2024. For live valuation and market cap data, see IAR-B company net worth.

Year Net Assets Change
2024-12-31 Skr462.50 Million
≈ $49.77 Million
+9.23%
2023-12-31 Skr423.40 Million
≈ $45.56 Million
-36.50%
2022-12-31 Skr666.80 Million
≈ $71.76 Million
+13.92%
2021-12-31 Skr585.30 Million
≈ $62.99 Million
-4.58%
2020-12-31 Skr613.40 Million
≈ $66.01 Million
+3.61%
2019-12-31 Skr592.00 Million
≈ $63.71 Million
+7.64%
2018-12-31 Skr550.00 Million
≈ $59.19 Million
+89.39%
2017-12-31 Skr290.40 Million
≈ $31.25 Million
+3.90%
2016-12-31 Skr279.50 Million
≈ $30.08 Million
-3.92%
2015-12-31 Skr290.90 Million
≈ $31.31 Million
+0.80%
2014-12-31 Skr288.60 Million
≈ $31.06 Million
-2.17%
2013-12-31 Skr295.00 Million
≈ $31.75 Million
+16.23%
2012-12-31 Skr253.80 Million
≈ $27.31 Million
+5.27%
2011-12-31 Skr241.10 Million
≈ $25.95 Million
-59.72%
2010-12-31 Skr598.50 Million
≈ $64.41 Million
+1.12%
2009-12-31 Skr591.90 Million
≈ $63.70 Million
-0.80%
2008-12-31 Skr596.70 Million
≈ $64.21 Million
+0.67%
2007-12-31 Skr592.70 Million
≈ $63.78 Million
+0.07%
2006-12-31 Skr592.30 Million
≈ $63.74 Million
+31.94%
2005-12-31 Skr448.90 Million
≈ $48.31 Million
+583.26%
2004-12-31 Skr65.70 Million
≈ $7.07 Million
--

Equity Component Analysis

This analysis shows how different components contribute to IAR Systems Group AB (publ)'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 2270000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Retained Earnings Skr22.70 Million 4.91%
Common Stock Skr139.70 Million 30.21%
Other Comprehensive Income Skr72.00 Million 15.57%
Other Components Skr228.10 Million 49.32%
Total Equity Skr462.50 Million 100.00%

IAR Systems Group AB (publ) Competitors by Market Cap

The table below lists competitors of IAR Systems Group AB (publ) ranked by their market capitalization.

Company Market Cap
Thoresen Thai Agencies Public Company Limited
BK:TTA-R
$246.80 Million
Sunrex Technology Corp
TW:2387
$246.93 Million
Graf Global Corp
NYSE MKT:GRAF
$247.02 Million
Launch One Acquisition Corp. Unit
NASDAQ:LPAAU
$247.02 Million
Polyram Plastic Industries Ltd
TA:POLP
$246.74 Million
SIM Acquisition Corp. I Class A Ordinary Shares
NASDAQ:SIMA
$246.56 Million
Profound Medical Corp
TO:PRN
$246.52 Million
Kogan.com Ltd
AU:KGN
$246.49 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in IAR Systems Group AB (publ)'s equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 423,400,000 to 462,500,000, a change of 39,100,000 (9.2%).
  • Net income of 135,200,000 contributed positively to equity growth.
  • Dividend payments of 20,000,000 reduced retained earnings.
  • Share repurchases of 86,600,000 reduced equity.
  • Other comprehensive income increased equity by 1,500,000.
  • Other factors increased equity by 9,000,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Skr135.20 Million +29.23%
Dividends Paid Skr20.00 Million -4.32%
Share Repurchases Skr86.60 Million -18.72%
Other Comprehensive Income Skr1.50 Million +0.32%
Other Changes Skr9.00 Million +1.95%
Total Change Skr- 9.23%

Book Value vs Market Value Analysis

This analysis compares IAR Systems Group AB (publ)'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: 5.27x
  • 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 27.34x to 5.27x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2004-12-31 Skr6.58 Skr180.00 x
2005-12-31 Skr44.98 Skr180.00 x
2006-12-31 Skr57.28 Skr180.00 x
2007-12-31 Skr51.09 Skr180.00 x
2008-12-31 Skr53.85 Skr180.00 x
2009-12-31 Skr53.57 Skr180.00 x
2010-12-31 Skr54.16 Skr180.00 x
2011-12-31 Skr21.82 Skr180.00 x
2012-12-31 Skr20.74 Skr180.00 x
2013-12-31 Skr23.36 Skr180.00 x
2014-12-31 Skr22.85 Skr180.00 x
2015-12-31 Skr23.03 Skr180.00 x
2016-12-31 Skr22.13 Skr180.00 x
2017-12-31 Skr22.99 Skr180.00 x
2018-12-31 Skr41.89 Skr180.00 x
2019-12-31 Skr43.34 Skr180.00 x
2020-12-31 Skr44.94 Skr180.00 x
2021-12-31 Skr42.91 Skr180.00 x
2022-12-31 Skr48.49 Skr180.00 x
2023-12-31 Skr31.00 Skr180.00 x
2024-12-31 Skr34.13 Skr180.00 x

Capital Efficiency Dashboard

This dashboard shows how efficiently IAR Systems Group AB (publ) 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): 29.23%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 27.75%
  • • Asset Turnover: 0.67x
  • • Equity Multiplier: 1.57x
  • Recent ROE (29.23%) is above the historical average (9.04%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2004 39.42% 12.09% 1.57x 2.07x Skr19.33 Million
2005 12.70% 8.97% 0.90x 1.58x Skr12.11 Million
2006 9.02% 6.92% 0.96x 1.36x Skr-5.83 Million
2007 10.01% 11.15% 0.74x 1.21x Skr30.00K
2008 5.30% 5.54% 0.75x 1.27x Skr-28.07 Million
2009 0.32% 0.32% 0.82x 1.25x Skr-57.29 Million
2010 3.48% 8.54% 0.33x 1.24x Skr-39.05 Million
2011 -7.80% -9.38% 0.65x 1.28x Skr-42.91 Million
2012 5.12% 5.65% 0.71x 1.28x Skr-12.38 Million
2013 10.14% 12.99% 0.62x 1.25x Skr400.00K
2014 14.62% 16.50% 0.68x 1.30x Skr13.34 Million
2015 21.79% 20.34% 0.78x 1.37x Skr34.31 Million
2016 26.48% 22.53% 0.83x 1.42x Skr46.05 Million
2017 27.55% 23.19% 0.84x 1.41x Skr50.96 Million
2018 15.93% 22.74% 0.53x 1.31x Skr32.60 Million
2019 13.72% 20.02% 0.49x 1.39x Skr22.00 Million
2020 9.68% 15.97% 0.45x 1.36x Skr-1.94 Million
2021 -11.52% -18.94% 0.44x 1.39x Skr-125.93 Million
2022 8.67% 13.77% 0.46x 1.38x Skr-8.88 Million
2023 -54.09% -49.99% 0.65x 1.65x Skr-271.34 Million
2024 29.23% 27.75% 0.67x 1.57x Skr88.95 Million

Industry Comparison

This section compares IAR Systems Group AB (publ)'s net assets metrics with peer companies in the Software - Application industry.

Industry Context

  • Industry: Software - Application
  • Average net assets among peers: $164,488,692
  • Average return on equity (ROE) among peers: -79.66%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
IAR Systems Group AB (publ) (IAR-B) Skr435.90 Million 39.42% 0.57x $246.77 Million
24SevenOffice Scandinavia AB (247) $414.56 Million -17.81% 0.89x $67.95 Million
eEducation Albert AB (ALBERT) $45.42 Million -137.73% 1.84x $11.25 Million
AppSpotr AB (APTR) $36.54 Million -80.26% 0.22x $28.96 Million
Better Collective (BETCO) $685.93 Million 4.96% 0.71x $899.81 Million
BIMobject AB (BIM) $282.06 Million -28.81% 0.34x $71.75 Million
Bambuser AB (BUSER) $7.37 Million -268.23% 0.60x $24.10 Million
CodeMill AB (CDMIL) $48.59 Million -28.16% 0.71x $22.72 Million
Crunchfish AB (CFISH) $58.77 Million -44.06% 0.13x $30.49 Million
ChargePanel AB (CHARGE) $672.00K 3.13% 2.05x $5.99 Million
Checkin.com Group AB (CHECK) $64.96 Million -199.64% 0.21x $10.26 Million

About IAR Systems Group AB (publ)

ST:IAR-B Sweden Software - Application
Market Cap
$246.77 Million
Skr2.29 Billion SEK
Market Cap Rank
#15739 Global
#254 in Sweden
Share Price
Skr180.00
Change (1 day)
+0.78%
52-Week Range
Skr100.40 - Skr180.00
All Time High
Skr289.29
About

IAR Systems Group AB (publ) provides programming processors in embedded systems and embedded security solutions in the United States, Japan, China, South Korea, the United Kingdom, Germany, France, Sweden, and internationally. The company offers a platform for software development teams; and embedded development platform solutions, such as design and code generation, comprehensive development, em… Read more