Northbaze Group AB (NBZ) - Net Assets

Latest as of September 2025: Skr71.78 Million SEK ≈ $7.72 Million USD

Based on the latest financial reports, Northbaze Group AB (NBZ) has net assets worth Skr71.78 Million SEK (≈ $7.72 Million USD) 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 ≈ $21.11 Million USD) and total liabilities (Skr124.36 Million ≈ $13.38 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 asset resilience ratio of Northbaze Group AB to evaluate the company's liquid asset resilience ratio.

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. Also explore Northbaze Group AB assets under control for the complete picture of this company's asset base.

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. For live valuation and market cap data, see market cap of Northbaze Group AB.

Year	Net Assets	Change
2024-12-31	Skr85.36 Million ≈ $9.19 Million	+35.49%
2023-12-31	Skr62.99 Million ≈ $6.78 Million	-33.93%
2022-12-31	Skr95.34 Million ≈ $10.26 Million	+175.38%
2021-12-31	Skr34.62 Million ≈ $3.73 Million	-22.78%
2020-12-31	Skr44.83 Million ≈ $4.82 Million	-17.99%
2019-12-31	Skr54.67 Million ≈ $5.88 Million	+23.44%
2018-12-31	Skr44.29 Million ≈ $4.77 Million	+319.45%
2017-12-31	Skr10.56 Million ≈ $1.14 Million	-43.01%
2016-12-31	Skr18.53 Million ≈ $1.99 Million	-54.29%
2015-12-31	Skr40.53 Million ≈ $4.36 Million	+19.65%
2014-12-31	Skr33.87 Million ≈ $3.64 Million	-19.89%
2013-12-31	Skr42.28 Million ≈ $4.55 Million	+24.92%
2012-12-31	Skr33.84 Million ≈ $3.64 Million	+55.01%
2011-12-31	Skr21.83 Million ≈ $2.35 Million	+2776.06%
2010-12-31	Skr759.15K ≈ $81.70K	-88.03%
2009-12-31	Skr6.34 Million ≈ $682.67K	+140.61%
2008-12-31	Skr2.64 Million ≈ $283.72K	-28.60%
2007-12-31	Skr3.69 Million ≈ $397.39K	--

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.

Company	Market Cap
NFT Limited NYSE MKT:MI	$3.51 Million
Guyana Goldstrike Inc V:GYA	$3.51 Million
CPU Softwarehouse AG F:CPU2	$3.51 Million
Artelo Biosciences Inc NASDAQ:ARTL	$3.51 Million
DSJ Keep Learning Limited NSE:KEEPLEARN	$3.50 Million
DFS Furniture PLC LSE:DFS	$3.50 Million
SPOBAG AG F:SBE	$3.50 Million
FIRST LITHIUM MINERALS F:X28	$3.50 Million

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: $183,158,500
Average return on equity (ROE) among peers: 2.27%

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	$3.51 Million
Image Systems AB (IS)	$109.70 Million	-13.31%	0.73x	$7.47 Million
Kjell Group AB (KJELL)	$256.62 Million	17.86%	7.21x	$72.08 Million

About Northbaze Group AB

ST:NBZ Sweden Consumer Electronics

Market Cap

$3.51 Million

Skr32.58 Million SEK

Market Cap Rank

#28981 Global

#663 in Sweden

Share Price

Skr0.12

Change (1 day)

+0.00%

52-Week Range

Skr0.06 - Skr0.23

All Time High

Skr2.89