Micro Systemation AB (publ) Net Assets

Latest as of June 2026: Skr142.60 Million SEK ≈ $15.35 Million USD

Micro Systemation AB (publ) 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. Also explore MSAB-B year-over-year net asset growth to track the company's year-over-year net asset growth rate.

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

Net Assets of Micro Systemation AB (publ) (2007–2025)

Net assets of Micro Systemation AB (publ) from 2007 to 2025. This chart illustrates how Micro Systemation AB (publ)'s net assets have evolved over time, based on quarterly financial data. See MSAB-B net asset quality index to measure how much of total assets are equity-financed.

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. For live market cap and overall valuation, see market cap of Micro Systemation AB (publ).

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.

Micro Systemation AB (publ) Net Assets Breakdown (December 2025)

Micro Systemation AB (publ) net assets breakdown by equity component as of 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
Landmark Cars Limited NSE:LANDMARK	$196.46 Million
Savior Lifetec TWO:4167	$196.59 Million
Hitit Bilgisayar Hizmetleri AS IS:HTTBT	$196.60 Million
Scottish Mortgage Investment Trust plc LSE:SMT	$196.66 Million
PERPETUAL EQU. INV. F:P82	$196.33 Million
Ledesma SAAI BA:LEDE	$196.32 Million
Silver Mines Ltd AU:SVL	$196.29 Million
DHI Group Inc NYSE:DHX	$196.28 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: 12.85x
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 42.26x to 12.85x 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	Skr104.50	x
2009-12-31	Skr2.65	Skr104.50	x
2010-12-31	Skr2.76	Skr104.50	x
2011-12-31	Skr3.18	Skr104.50	x
2012-12-31	Skr2.96	Skr104.50	x
2013-12-31	Skr2.72	Skr104.50	x
2014-12-31	Skr3.54	Skr104.50	x
2015-12-31	Skr4.98	Skr104.50	x
2016-12-31	Skr5.68	Skr104.50	x
2017-12-31	Skr6.24	Skr104.50	x
2018-12-31	Skr5.95	Skr104.50	x
2019-12-31	Skr4.12	Skr104.50	x
2020-12-31	Skr4.78	Skr104.50	x
2021-12-31	Skr4.92	Skr104.50	x
2022-12-31	Skr6.28	Skr104.50	x
2023-12-31	Skr6.26	Skr104.50	x
2024-12-31	Skr7.04	Skr104.50	x
2025-12-31	Skr8.13	Skr104.50	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: $98,757,285
Average return on equity (ROE) among peers: -72.47%

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	$196.45 Million
24SevenOffice Scandinavia AB (247)	$414.56 Million	-17.81%	0.89x	$67.95 Million
eEducation Albert AB (ALBERT)	$44.99 Million	-62.83%	0.19x	$11.01 Million
AppSpotr AB (APTR)	$7.62 Million	-225.11%	0.24x	$28.96 Million
Better Collective (BETCO)	$162.54 Million	13.49%	0.94x	$398.65 Million
BIMobject AB (BIM)	$194.04 Million	-6.55%	0.55x	$71.27 Million
Bambuser AB (BUSER)	$94.15 Million	-120.06%	0.51x	$17.07 Million
CodeMill AB (CDMIL)	$38.63 Million	-35.42%	0.82x	$20.52 Million
Crunchfish AB (CFISH)	$18.27 Million	-91.43%	0.27x	$16.94 Million
ChargePanel AB (CHARGE)	$11.83 Million	-129.36%	0.21x	$9.94 Million
Checkin.com Group AB (CHECK)	$932.95K	-49.66%	1.31x	$8.71 Million

About Micro Systemation AB (publ)

ST:MSAB-B Sweden Software - Application

Market Cap

$196.45 Million

Skr1.83 Billion SEK

Market Cap Rank

#16425 Global

#274 in Sweden

Share Price

Skr104.50

Change (1 day)

+0.97%

52-Week Range

Skr58.40 - Skr109.00

All Time High

Skr109.00