Northbaze Group AB

ST:NBZ Sweden Consumer Electronics
Market Cap
$2.90 Million
Skr32.58 Million SEK
Market Cap Rank
#35546 Global
#569 in Sweden
Share Price
Skr0.12
Change (1 day)
+0.00%
52-Week Range
Skr0.06 - Skr0.26
All Time High
Skr2.89
About

Northbaze Group AB (publ) designs, develops, produces, and markets audio and sound equipment in Nordic, Europe, Asia, the Middle East, and internationally. The company provides headphones, speakers, and equipment for portable media players and smart mobile accessories. It also offers screen protectors and mobile cases for devices, such as mobile phones, tablets, and smartwatches; leather products… Read more

Northbaze Group AB (NBZ) - Net Assets

Latest net assets as of September 2025: Skr71.78 Million SEK

Based on the latest financial reports, Northbaze Group AB (NBZ) has net assets worth Skr71.78 Million SEK as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr196.14 Million) and total liabilities (Skr124.36 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 Skr71.78 Million
% of Total Assets 36.6%
Annual Growth Rate 20.29%
5-Year Change 90.38%
10-Year Change 110.62%
Growth Volatility 653.27

Northbaze Group AB - Net Assets Trend (2007–2024)

This chart illustrates how Northbaze Group AB's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Northbaze Group AB (2007–2024)

The table below shows the annual net assets of Northbaze Group AB from 2007 to 2024.

Year Net Assets Change
2024-12-31 Skr85.36 Million +35.49%
2023-12-31 Skr62.99 Million -33.93%
2022-12-31 Skr95.34 Million +175.38%
2021-12-31 Skr34.62 Million -22.78%
2020-12-31 Skr44.83 Million -17.99%
2019-12-31 Skr54.67 Million +23.44%
2018-12-31 Skr44.29 Million +319.45%
2017-12-31 Skr10.56 Million -43.01%
2016-12-31 Skr18.53 Million -54.29%
2015-12-31 Skr40.53 Million +19.65%
2014-12-31 Skr33.87 Million -19.89%
2013-12-31 Skr42.28 Million +24.92%
2012-12-31 Skr33.84 Million +55.01%
2011-12-31 Skr21.83 Million +2776.06%
2010-12-31 Skr759.15K -88.03%
2009-12-31 Skr6.34 Million +140.61%
2008-12-31 Skr2.64 Million -28.60%
2007-12-31 Skr3.69 Million --

Equity Component Analysis

This analysis shows how different components contribute to Northbaze Group AB'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 decreased by 14663809300.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock Skr36.65 Million 42.94%
Other Comprehensive Income Skr-1.00K 0.00%
Other Components Skr203.51 Million 238.42%
Total Equity Skr85.36 Million 100.00%

Northbaze Group AB Competitors by Market Cap

The table below lists competitors of Northbaze Group AB ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Northbaze Group AB's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 62,995,000 to 85,355,000, a change of 22,360,000 (35.5%).
  • Net loss of 9,941,000 reduced equity.
  • Other comprehensive income increased equity by 148,783,000.
  • Other factors decreased equity by 116,482,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Skr-9.94 Million -11.65%
Other Comprehensive Income Skr148.78 Million +174.31%
Other Changes Skr-116.48 Million -136.47%
Total Change Skr- 35.49%

Book Value vs Market Value Analysis

This analysis compares Northbaze Group AB'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: 0.27x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has increased from 0.07x to 0.27x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2007-12-31 Skr1.81 Skr0.12 x
2008-12-31 Skr1.30 Skr0.12 x
2009-12-31 Skr3.12 Skr0.12 x
2010-12-31 Skr0.16 Skr0.12 x
2011-12-31 Skr3.12 Skr0.12 x
2012-12-31 Skr3.02 Skr0.12 x
2013-12-31 Skr3.71 Skr0.12 x
2014-12-31 Skr2.97 Skr0.12 x
2015-12-31 Skr1.59 Skr0.12 x
2016-12-31 Skr0.96 Skr0.12 x
2017-12-31 Skr0.36 Skr0.12 x
2018-12-31 Skr0.99 Skr0.12 x
2019-12-31 Skr0.69 Skr0.12 x
2020-12-31 Skr0.46 Skr0.12 x
2021-12-31 Skr0.35 Skr0.12 x
2022-12-31 Skr0.61 Skr0.12 x
2023-12-31 Skr0.39 Skr0.12 x
2024-12-31 Skr0.44 Skr0.12 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Northbaze Group AB 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): -11.65%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -4.30%
  • • Asset Turnover: 1.04x
  • • Equity Multiplier: 2.60x
  • Recent ROE (-11.65%) is above the historical average (-139.05%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2007 -215.52% -144.79% 0.63x 2.35x Skr-8.33 Million
2008 -495.23% -149.58% 1.00x 3.33x Skr-13.32 Million
2009 -220.59% -263.32% 0.34x 2.48x Skr-14.63 Million
2010 -990.10% -34.49% 1.29x 22.20x Skr-7.59 Million
2011 -5.52% -2.32% 1.28x 1.86x Skr-3.39 Million
2012 26.99% 11.26% 1.47x 1.62x Skr5.75 Million
2013 19.49% 11.70% 1.11x 1.50x Skr4.01 Million
2014 -24.83% -16.40% 0.84x 1.79x Skr-11.80 Million
2015 -32.96% -29.28% 0.74x 1.53x Skr-17.41 Million
2016 -124.16% -63.16% 0.93x 2.10x Skr-24.85 Million
2017 -238.96% -82.94% 1.02x 2.82x Skr-26.29 Million
2018 -34.62% -15.95% 0.96x 2.27x Skr-19.76 Million
2019 -44.37% -20.24% 1.30x 1.69x Skr-29.73 Million
2020 -16.15% -5.28% 1.37x 2.23x Skr-11.72 Million
2021 -29.28% -7.63% 1.67x 2.29x Skr-13.60 Million
2022 -16.03% -9.11% 0.92x 1.91x Skr-24.82 Million
2023 -49.48% -26.50% 0.70x 2.68x Skr-37.47 Million
2024 -11.65% -4.30% 1.04x 2.60x Skr-18.48 Million

Industry Comparison

This section compares Northbaze Group AB's net assets metrics with peer companies in the Consumer Electronics industry.

Industry Context

  • Industry: Consumer Electronics
  • Average net assets among peers: $554,238,000
  • Average return on equity (ROE) among peers: -3.09%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Northbaze Group AB (NBZ) Skr71.78 Million -215.52% 1.73x $1.25 Million
Image Systems AB (IS) $109.70 Million -13.31% 0.73x $2.15 Million
Kjell Group AB (KJELL) $998.78 Million 7.13% 1.45x $42.32 Million