Ngenic AB (NGENIC) - Net Assets
Based on the latest financial reports, Ngenic AB (NGENIC) has net assets worth Skr-11.27 Million SEK (≈ $-1.21 Million USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr54.02 Million ≈ $5.81 Million USD) and total liabilities (Skr65.29 Million ≈ $7.03 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 NGENIC cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr-11.27 Million |
| % of Total Assets | -20.86% |
| Annual Growth Rate | N/A |
| 5-Year Change | -312.41% |
| 10-Year Change | N/A |
| Growth Volatility | 256.59 |
Ngenic AB - Net Assets Trend (2018–2024)
This chart illustrates how Ngenic AB's net assets have evolved over time, based on quarterly financial data. Also explore how large is Ngenic AB's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Ngenic AB (2018–2024)
The table below shows the annual net assets of Ngenic AB from 2018 to 2024. For live valuation and market cap data, see Ngenic AB stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr-11.27 Million ≈ $-1.21 Million |
-162.48% |
| 2023-12-31 | Skr18.03 Million ≈ $1.94 Million |
-53.30% |
| 2022-12-31 | Skr38.62 Million ≈ $4.16 Million |
+1.68% |
| 2021-12-31 | Skr37.98 Million ≈ $4.09 Million |
+615.94% |
| 2020-12-31 | Skr5.30 Million ≈ $570.83K |
+127.63% |
| 2019-12-31 | Skr2.33 Million ≈ $250.78K |
-71.36% |
| 2018-12-31 | Skr8.14 Million ≈ $875.61K |
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Equity Component Analysis
This analysis shows how different components contribute to Ngenic 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 grown by 2195200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr1.37 Million | % |
| Total Equity | Skr-11.27 Million | 100.00% |
Ngenic AB Competitors by Market Cap
The table below lists competitors of Ngenic AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DELPHI WORLD MONEY LIMITED
NSE:DELPHIFX
|
$1.53 Million |
|
GEMINA LABS LTD
F:8I7
|
$1.53 Million |
|
CanadaBis Capital Inc
V:CANB
|
$1.53 Million |
|
Quartix Holdings Plc
LSE:QTX
|
$1.53 Million |
|
CBEYOND
F:C5B
|
$1.52 Million |
|
Aptitude Software Group PLC
LSE:APTD
|
$1.52 Million |
|
Avinger Inc
NASDAQ:AVGR
|
$1.52 Million |
|
Ausmon Resources Ltd
AU:AOA
|
$1.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ngenic AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 18,034,000 to -11,267,000, a change of -29,301,000 (-162.5%).
- Net loss of 29,818,000 reduced equity.
- Share repurchases of 140,000 reduced equity.
- Other comprehensive income increased equity by 112,789,000.
- Other factors decreased equity by 112,132,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-29.82 Million | -264.65% |
| Share Repurchases | Skr140.00K | -1.24% |
| Other Comprehensive Income | Skr112.79 Million | +1001.06% |
| Other Changes | Skr-112.13 Million | -995.22% |
| Total Change | Skr- | -162.48% |
Book Value vs Market Value Analysis
This analysis compares Ngenic 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | Skr1.75 | Skr0.09 | x |
| 2019-12-31 | Skr0.50 | Skr0.09 | x |
| 2020-12-31 | Skr1.14 | Skr0.09 | x |
| 2021-12-31 | Skr9.54 | Skr0.09 | x |
| 2022-12-31 | Skr6.96 | Skr0.09 | x |
| 2023-12-31 | Skr2.64 | Skr0.09 | x |
| 2024-12-31 | Skr-0.19 | Skr0.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ngenic 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -137.23%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-148.65%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -93.21% | -78.55% | 0.48x | 2.50x | Skr-8.40 Million |
| 2019 | -480.59% | -91.73% | 0.58x | 9.11x | Skr-11.43 Million |
| 2020 | -235.96% | -101.81% | 0.50x | 4.66x | Skr-13.05 Million |
| 2021 | -51.98% | -104.75% | 0.29x | 1.70x | Skr-23.54 Million |
| 2022 | -67.30% | -98.19% | 0.35x | 1.97x | Skr-29.85 Million |
| 2023 | -111.48% | -28.79% | 0.89x | 4.33x | Skr-21.91 Million |
| 2024 | 0.00% | -137.23% | 0.40x | 0.00x | Skr-28.69 Million |
Industry Comparison
This section compares Ngenic AB's net assets metrics with peer companies in the Scientific & Technical Instruments industry.
Industry Context
- Industry: Scientific & Technical Instruments
- Average net assets among peers: $512,406,707
- Average return on equity (ROE) among peers: -18.27%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ngenic AB (NGENIC) | Skr-11.27 Million | -93.21% | N/A | $1.53 Million |
| Fingerprint Cards AB (publ) (FING-B) | $1.80 Billion | -0.76% | 0.24x | $11.67 Million |
| Gasporox AB (publ) (GPX) | $32.97 Million | -21.76% | 0.21x | $8.46 Million |
| Hexagon AB (publ) (HEXA-B) | $586.60 Million | 11.11% | 2.38x | $27.49 Billion |
| Insplorion AB (INSP) | $8.64 Million | -87.66% | 1.08x | $1.23 Million |
| Rolling Optics Holding AB (publ) (RO) | $134.93 Million | 7.71% | 1.33x | $6.46 Million |
About Ngenic AB
Ngenic AB (publ) provides digitalized energy services for consumers, property owners, and energy companies in Sweden. It offers Ngenic Tune, a smart thermostat that collects information about weather, humidity and sunlight, and indoor and outdoor temperature, as well as helps to optimize heating system; and Ngenic Track that collects energy data. The company also provides FairShare, an individual… Read more