Micro Systemation AB (publ) (MSAB-B) - Net Assets
Based on the latest financial reports, Micro Systemation AB (publ) (MSAB-B) has net assets worth Skr142.60 Million SEK (≈ $15.35 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr354.20 Million ≈ $38.12 Million USD) and total liabilities (Skr211.60 Million ≈ $22.77 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 MSAB-B strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr142.60 Million |
| % of Total Assets | 40.26% |
| Annual Growth Rate | 7.88% |
| 5-Year Change | 65.57% |
| 10-Year Change | 43.94% |
| Growth Volatility | 16.22 |
Micro Systemation AB (publ) - Net Assets Trend (2007–2025)
This chart illustrates how Micro Systemation AB (publ)'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Micro Systemation AB (publ) market cap and net worth.
Annual Net Assets for Micro Systemation AB (publ) (2007–2025)
The table below shows the annual net assets of Micro Systemation AB (publ) from 2007 to 2025. Also explore net asset momentum of Micro Systemation AB (publ) to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr150.30 Million ≈ $16.17 Million |
+15.24% |
| 2024-12-31 | Skr130.42 Million ≈ $14.04 Million |
+12.52% |
| 2023-12-31 | Skr115.91 Million ≈ $12.47 Million |
-0.14% |
| 2022-12-31 | Skr116.07 Million ≈ $12.49 Million |
+27.86% |
| 2021-12-31 | Skr90.78 Million ≈ $9.77 Million |
+2.81% |
| 2020-12-31 | Skr88.30 Million ≈ $9.50 Million |
+16.09% |
| 2019-12-31 | Skr76.06 Million ≈ $8.18 Million |
-30.92% |
| 2018-12-31 | Skr110.09 Million ≈ $11.85 Million |
-3.94% |
| 2017-12-31 | Skr114.61 Million ≈ $12.33 Million |
+9.76% |
| 2016-12-31 | Skr104.42 Million ≈ $11.24 Million |
+14.93% |
| 2015-12-31 | Skr90.85 Million ≈ $9.78 Million |
+43.68% |
| 2014-12-31 | Skr63.23 Million ≈ $6.80 Million |
+31.11% |
| 2013-12-31 | Skr48.23 Million ≈ $5.19 Million |
-8.49% |
| 2012-12-31 | Skr52.71 Million ≈ $5.67 Million |
-7.04% |
| 2011-12-31 | Skr56.70 Million ≈ $6.10 Million |
+16.08% |
| 2010-12-31 | Skr48.84 Million ≈ $5.26 Million |
+4.14% |
| 2009-12-31 | Skr46.90 Million ≈ $5.05 Million |
+7.03% |
| 2008-12-31 | Skr43.82 Million ≈ $4.72 Million |
+14.28% |
| 2007-12-31 | Skr38.34 Million ≈ $4.13 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Micro Systemation 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 3580.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr110.24 Million | 73.40% |
| Common Stock | Skr3.83 Million | 2.55% |
| Other Comprehensive Income | Skr8.06 Million | 5.37% |
| Other Components | Skr28.06 Million | 18.68% |
| Total Equity | Skr150.20 Million | 100.00% |
Micro Systemation AB (publ) Competitors by Market Cap
The table below lists competitors of Micro Systemation AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Value Added Technology Co. Ltd
KQ:043150
|
$174.59 Million |
|
Gencor Industries Inc
NYSE MKT:GENC
|
$174.59 Million |
|
Able C&C
KO:078520
|
$174.62 Million |
|
Kang Yong Electric Public Company Limited
BK:KYE
|
$174.65 Million |
|
GoPro Inc
NASDAQ:GPRO
|
$174.42 Million |
|
Nusatrip Incorporated Common Stock
NASDAQ:NUTR
|
$174.41 Million |
|
Korea Real Estate Investment & Trust Co Ltd
KO:034830
|
$174.36 Million |
|
Aumann AG
XETRA:AAG
|
$174.31 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Micro Systemation AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 130,424,000 to 150,200,000, a change of 19,776,000 (15.2%).
- Net income of 49,200,000 contributed positively to equity growth.
- Dividend payments of 27,700,000 reduced retained earnings.
- Other comprehensive income decreased equity by 6,014,000.
- Other factors increased equity by 4,290,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr49.20 Million | +32.76% |
| Dividends Paid | Skr27.70 Million | -18.44% |
| Other Comprehensive Income | Skr-6.01 Million | -4.0% |
| Other Changes | Skr4.29 Million | +2.86% |
| Total Change | Skr- | 15.16% |
Book Value vs Market Value Analysis
This analysis compares Micro Systemation 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: 11.41x
- 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 37.52x to 11.41x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Skr2.47 | Skr92.80 | x |
| 2009-12-31 | Skr2.65 | Skr92.80 | x |
| 2010-12-31 | Skr2.76 | Skr92.80 | x |
| 2011-12-31 | Skr3.18 | Skr92.80 | x |
| 2012-12-31 | Skr2.96 | Skr92.80 | x |
| 2013-12-31 | Skr2.72 | Skr92.80 | x |
| 2014-12-31 | Skr3.54 | Skr92.80 | x |
| 2015-12-31 | Skr4.98 | Skr92.80 | x |
| 2016-12-31 | Skr5.68 | Skr92.80 | x |
| 2017-12-31 | Skr6.24 | Skr92.80 | x |
| 2018-12-31 | Skr5.95 | Skr92.80 | x |
| 2019-12-31 | Skr4.12 | Skr92.80 | x |
| 2020-12-31 | Skr4.78 | Skr92.80 | x |
| 2021-12-31 | Skr4.92 | Skr92.80 | x |
| 2022-12-31 | Skr6.28 | Skr92.80 | x |
| 2023-12-31 | Skr6.26 | Skr92.80 | x |
| 2024-12-31 | Skr7.04 | Skr92.80 | x |
| 2025-12-31 | Skr8.13 | Skr92.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Micro Systemation 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): 32.76%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.65%
- • Asset Turnover: 1.45x
- • Equity Multiplier: 2.12x
- Recent ROE (32.76%) is above the historical average (29.91%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 38.77% | 26.86% | 1.03x | 1.40x | Skr12.61 Million |
| 2009 | 31.16% | 18.14% | 1.19x | 1.44x | Skr9.92 Million |
| 2010 | 44.47% | 17.50% | 1.44x | 1.77x | Skr16.84 Million |
| 2011 | 36.13% | 15.75% | 1.44x | 1.59x | Skr14.82 Million |
| 2012 | 27.27% | 10.52% | 1.36x | 1.90x | Skr9.10 Million |
| 2013 | 14.19% | 4.98% | 1.45x | 1.96x | Skr2.02 Million |
| 2014 | 16.42% | 5.74% | 1.43x | 2.00x | Skr4.06 Million |
| 2015 | 49.68% | 19.89% | 1.42x | 1.76x | Skr36.05 Million |
| 2016 | 43.32% | 18.67% | 1.35x | 1.72x | Skr34.79 Million |
| 2017 | 46.15% | 17.53% | 1.51x | 1.75x | Skr41.43 Million |
| 2018 | 25.20% | 9.13% | 1.58x | 1.75x | Skr16.74 Million |
| 2019 | 6.70% | 1.66% | 1.62x | 2.50x | Skr-2.51 Million |
| 2020 | 18.42% | 5.24% | 1.64x | 2.14x | Skr7.43 Million |
| 2021 | 38.36% | 10.46% | 1.61x | 2.28x | Skr25.75 Million |
| 2022 | 14.76% | 4.72% | 1.26x | 2.49x | Skr5.52 Million |
| 2023 | 25.88% | 7.19% | 1.50x | 2.40x | Skr18.41 Million |
| 2024 | 28.67% | 9.24% | 1.41x | 2.20x | Skr24.35 Million |
| 2025 | 32.76% | 10.65% | 1.45x | 2.12x | Skr34.18 Million |
Industry Comparison
This section compares Micro Systemation AB (publ)'s net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $86,595,294
- Average return on equity (ROE) among peers: -98.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Micro Systemation AB (publ) (MSAB-B) | Skr142.60 Million | 38.77% | 1.48x | $174.45 Million |
| 24SevenOffice Scandinavia AB (247) | $54.20 Million | -300.60% | 7.57x | $67.95 Million |
| eEducation Albert AB (ALBERT) | $45.42 Million | -137.73% | 1.84x | $12.52 Million |
| AppSpotr AB (APTR) | $2.70 Million | -110.77% | 0.33x | $28.96 Million |
| Better Collective (BETCO) | $435.27 Million | 9.15% | 1.15x | $756.81 Million |
| BIMobject AB (BIM) | $2.25 Million | -100.86% | 0.40x | $82.32 Million |
| Bambuser AB (BUSER) | $21.58 Million | -90.65% | 0.19x | $17.24 Million |
| CodeMill AB (CDMIL) | $56.88 Million | 19.23% | 0.61x | $20.08 Million |
| Crunchfish AB (CFISH) | $37.71 Million | -55.20% | 0.17x | $18.37 Million |
| ChargePanel AB (CHARGE) | $5.64 Million | -210.81% | 1.56x | $8.78 Million |
| Checkin.com Group AB (CHECK) | $204.29 Million | -3.68% | 0.20x | $7.35 Million |
About Micro Systemation AB (publ)
Micro Systemation AB (publ), together with its subsidiaries, provides forensic technology for mobile device examination and analysis in Sweden and internationally. The company offers XRY software products that include XRY logical, a software solution that enables investigators to access and recover live and file system data from the device on the crime scene; XRY Physical, a software solution, wh… Read more