MODEL
Modelon AB (publ) provides systems modeling and simulation software solutions in Sweden and internationally. Its flagship product is Modelon Impact, a cloud-native system simulation software platform with a browser-based interface, and models and components for various applications. The company also offers Modelon Library Suite, a suite of libraries for physical system modeling; and FMI Toolbox f… Read more
MODEL (MODEL) - Net Assets
Latest net assets as of December 2025: Skr33.30 Million SEK
Based on the latest financial reports, MODEL (MODEL) has net assets worth Skr33.30 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 (Skr79.10 Million) and total liabilities (Skr45.80 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 | Skr33.30 Million |
| % of Total Assets | 42.1% |
| Annual Growth Rate | -0.64% |
| 5-Year Change | -80.76% |
| 10-Year Change | N/A |
| Growth Volatility | 81.25 |
MODEL - Net Assets Trend (2019–2025)
This chart illustrates how MODEL's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for MODEL (2019–2025)
The table below shows the annual net assets of MODEL from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr33.30 Million | -28.40% |
| 2024-12-31 | Skr46.51 Million | -13.70% |
| 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 MODEL'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 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr1.50 Million | 4.50% |
| Other Components | Skr31.80 Million | 95.50% |
| Total Equity | Skr33.30 Million | 100.00% |
MODEL Competitors by Market Cap
The table below lists competitors of MODEL ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DURUKAN SEKERLEME
IS:DURKN
|
$6.37 Million |
|
Anjani Portland Cement Limited
NSE:APCL
|
$6.37 Million |
|
OHEIM INT Co.Ltd
KQ:309930
|
$6.37 Million |
|
Honey Badger Silver Inc
OTCQB:HBEIF
|
$6.37 Million |
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
$6.37 Million |
|
Pavna Industries Limited
NSE:PAVNAIND
|
$6.36 Million |
|
ACTICOR BIOTECH EO 1
F:7V7
|
$6.36 Million |
|
LZ Technology Holdings Limited Class B Ordinary Shares
NASDAQ:LZMH
|
$6.36 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in MODEL's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 46,508,000 to 33,299,999, a change of -13,208,001 (-28.4%).
- Net loss of 32,600,000 reduced equity.
- New share issuances of 20,000,000 increased equity.
- Other factors decreased equity by 608,001.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-32.60 Million | -97.9% |
| Share Issuances | Skr20.00 Million | +60.06% |
| Other Changes | Skr-608.00K | -1.83% |
| Total Change | Skr- | -28.40% |
Book Value vs Market Value Analysis
This analysis compares MODEL'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: 4.45x
- 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 1.86x to 4.45x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | Skr4.55 | Skr8.45 | x |
| 2020-12-31 | Skr8.27 | Skr8.45 | x |
| 2021-12-31 | Skr15.73 | Skr8.45 | x |
| 2022-12-31 | Skr9.97 | Skr8.45 | x |
| 2023-12-31 | Skr4.89 | Skr8.45 | x |
| 2024-12-31 | Skr2.70 | Skr8.45 | x |
| 2025-12-31 | Skr1.90 | Skr8.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently MODEL 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): -97.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -45.59%
- • Asset Turnover: 0.90x
- • Equity Multiplier: 2.38x
- Recent ROE (-97.90%) is below the historical average (-60.86%), 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 |
| 2024 | -127.82% | -71.10% | 0.69x | 2.60x | Skr-64.10 Million |
| 2025 | -97.90% | -45.59% | 0.90x | 2.38x | Skr-35.93 Million |
Industry Comparison
This section compares MODEL'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 |
|---|---|---|---|---|
| MODEL (MODEL) | Skr33.30 Million | -26.88% | 1.38x | $6.37 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 |