Modelon AB Cl B
Modelon AB (publ) provides systems modeling and simulation software solutions in Sweden and internationally. The company's flagship product is Modelon Impact, a cloud-native system simulation software platform with a browser-based interface, and models and components for various applications. It also offers Modelon Library Suite, a suite of libraries for physical system modeling; and FMI Toolbox … Read more
Modelon AB Cl B (MODEL-B) - Net Assets
Latest net assets as of September 2024: Skr60.40 Million SEK
Based on the latest financial reports, Modelon AB Cl B (MODEL-B) has net assets worth Skr60.40 Million SEK as of September 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr111.00 Million) and total liabilities (Skr50.60 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 | Skr60.40 Million |
| % of Total Assets | 54.41% |
| Annual Growth Rate | 11.72% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 92.38 |
Modelon AB Cl B - Net Assets Trend (2019–2023)
This chart illustrates how Modelon AB Cl B's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Modelon AB Cl B (2019–2023)
The table below shows the annual net assets of Modelon AB Cl B from 2019 to 2023.
| Year | Net Assets | Change |
|---|---|---|
| 2023-12-31 | Skr53.89 Million | -50.93% |
| 2022-12-31 | Skr109.83 Million | -36.55% |
| 2021-12-31 | Skr173.11 Million | +175.21% |
| 2020-12-31 | Skr62.90 Million | +81.79% |
| 2019-12-31 | Skr34.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Modelon AB Cl B'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 270000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2023)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr923.00K | 1.71% |
| Other Comprehensive Income | Skr-147.22 Million | -273.17% |
| Other Components | Skr200.19 Million | 371.46% |
| Total Equity | Skr53.89 Million | 100.00% |
Modelon AB Cl B Competitors by Market Cap
The table below lists competitors of Modelon AB Cl B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ALBA SE
F:ABA
|
$5.10 Million |
|
ARB IOT Group Limited Ordinary Shares
NASDAQ:ARBB
|
$5.10 Million |
|
DeepSpatial Inc.
PINK:DSAIF
|
$5.10 Million |
|
Ni Hsin Resources Bhd
KLSE:7215
|
$5.10 Million |
|
Atom Empreendimentos e Participações S.A
SA:ATOM3
|
$5.10 Million |
|
Fly Play hf.
IC:PLAY
|
$5.10 Million |
|
CSH Alliance Bhd
KLSE:7165
|
$5.10 Million |
|
Nyesa Valores Corp SA
MC:NYE
|
$5.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Modelon AB Cl B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2023, total equity changed from 109,830,000 to 53,894,000, a change of -55,936,000 (-50.9%).
- Net loss of 55,603,000 reduced equity.
- Share repurchases of 16,000 reduced equity.
- Other comprehensive income decreased equity by 55,986,000.
- Other factors increased equity by 55,685,000.
Equity Change Factors (2022 to 2023)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-55.60 Million | -103.17% |
| Share Repurchases | Skr16.00K | -0.03% |
| Other Comprehensive Income | Skr-55.99 Million | -103.88% |
| Other Changes | Skr55.69 Million | +103.32% |
| Total Change | Skr- | -50.93% |
Book Value vs Market Value Analysis
This analysis compares Modelon AB Cl B'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: 2.27x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.44x to 2.27x 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 | Skr4.55 | Skr11.10 | x |
| 2020-12-31 | Skr8.27 | Skr11.10 | x |
| 2021-12-31 | Skr15.73 | Skr11.10 | x |
| 2022-12-31 | Skr9.97 | Skr11.10 | x |
| 2023-12-31 | Skr4.89 | Skr11.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Modelon AB Cl B 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): -103.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -70.39%
- • Asset Turnover: 0.75x
- • Equity Multiplier: 1.95x
- Recent ROE (-103.17%) is below the historical average (-40.06%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -26.88% | -9.14% | 1.33x | 2.21x | Skr-12.76 Million |
| 2020 | 5.23% | 2.93% | 1.14x | 1.56x | Skr-3.00 Million |
| 2021 | -16.46% | -41.39% | 0.32x | 1.23x | Skr-45.81 Million |
| 2022 | -59.02% | -95.92% | 0.42x | 1.46x | Skr-75.81 Million |
| 2023 | -103.17% | -70.39% | 0.75x | 1.95x | Skr-60.99 Million |
Industry Comparison
This section compares Modelon AB Cl B's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $126,048,416
- Average return on equity (ROE) among peers: -49.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Modelon AB Cl B (MODEL-B) | Skr60.40 Million | -26.88% | 0.84x | $5.10 Million |
| 24SevenOffice Scandinavia AB (247) | $224.91 Million | -92.59% | 1.79x | $11.74 Million |
| eEducation Albert AB (ALBERT) | $239.38 Million | -40.80% | 0.27x | $4.54 Million |
| AppSpotr AB (APTR) | $1.94 Million | -82.05% | 0.40x | $2.58 Million |
| Better Collective (BETCO) | $412.92 Million | 11.64% | 0.90x | $403.96 Million |
| BIMobject AB (BIM) | $2.25 Million | -100.86% | 0.40x | $36.99 Million |
| Bambuser AB (BUSER) | $94.15 Million | -120.06% | 0.51x | $12.43 Million |
| CodeMill AB (CDMIL) | $29.32 Million | -19.90% | 1.21x | $7.40 Million |
| Crunchfish AB (CFISH) | $47.16 Million | -56.24% | 0.17x | $12.42 Million |
| ChargePanel AB (CHARGE) | $672.00K | 3.13% | 2.05x | $3.02 Million |
| Checkin.com Group AB (CHECK) | $207.78 Million | 1.67% | 0.16x | $1.07 Million |