NGS Group AB (publ)
NGS Group AB (publ) provides recruitment and staffing services in Sweden, Norway, and Finland. It focuses on care, school, social services, finance, regulatory services, and executive search in private and public sectors. The company was founded in 1996 and is headquartered in Stockholm, Sweden.
NGS Group AB (publ) (NGS) - Net Assets
Latest net assets as of September 2025: Skr90.73 Million SEK
Based on the latest financial reports, NGS Group AB (publ) (NGS) has net assets worth Skr90.73 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 (Skr143.97 Million) and total liabilities (Skr53.24 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 | Skr90.73 Million |
| % of Total Assets | 63.02% |
| Annual Growth Rate | 3.38% |
| 5-Year Change | -59.94% |
| 10-Year Change | -33.63% |
| Growth Volatility | 26.18 |
NGS Group AB (publ) - Net Assets Trend (2012–2024)
This chart illustrates how NGS Group AB (publ)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NGS Group AB (publ) (2012–2024)
The table below shows the annual net assets of NGS Group AB (publ) from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr92.17 Million | -21.06% |
| 2023-12-31 | Skr116.76 Million | -51.98% |
| 2022-12-31 | Skr243.13 Million | -0.21% |
| 2021-12-31 | Skr243.65 Million | +5.89% |
| 2020-12-31 | Skr230.10 Million | +3.41% |
| 2019-12-31 | Skr222.50 Million | +2.23% |
| 2018-12-31 | Skr217.65 Million | +5.15% |
| 2017-12-31 | Skr206.98 Million | +14.88% |
| 2016-12-31 | Skr180.16 Million | +29.74% |
| 2015-12-31 | Skr138.87 Million | +12.53% |
| 2014-12-31 | Skr123.41 Million | +23.47% |
| 2013-12-31 | Skr99.95 Million | +61.64% |
| 2012-12-31 | Skr61.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to NGS Group 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 decreased by 333.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr62.03 Million | 67.30% |
| Other Comprehensive Income | Skr-141.00K | -0.15% |
| Other Components | Skr65.92 Million | 71.52% |
| Total Equity | Skr92.17 Million | 100.00% |
NGS Group AB (publ) Competitors by Market Cap
The table below lists competitors of NGS Group AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
KON.VOPAK NV (VPK5.SG)
STU:VPK5
|
$489.19K |
|
SALAFIN
BC:SALAFIN
|
$489.35K |
|
Kaymus Resources Inc
V:KYS-H
|
$489.54K |
|
JINGRUI HLDGS LTD DL-01
F:9JW
|
$489.68K |
|
DMG MORI SEIKI
MU:GIL
|
$488.58K |
|
SUNCOR ENERGY - Dusseldorf Stock Exchang
DU:SM3
|
$488.09K |
|
CENTURY ALUMINUM (EY3.SG)
STU:EY3
|
$488.00K |
|
The Turbotville National Bank
PINK:TVNB
|
$487.60K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NGS Group AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 116,760,000 to 92,168,000, a change of -24,592,000 (-21.1%).
- Net loss of 71,879,000 reduced equity.
- Share repurchases of 51,318,000 reduced equity.
- New share issuances of 51,318,000 increased equity.
- Other comprehensive income increased equity by 51,000.
- Other factors increased equity by 47,236,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-71.88 Million | -77.99% |
| Share Repurchases | Skr51.32 Million | -55.68% |
| Share Issuances | Skr51.32 Million | +55.68% |
| Other Comprehensive Income | Skr51.00K | +0.06% |
| Other Changes | Skr47.24 Million | +51.25% |
| Total Change | Skr- | -21.06% |
Book Value vs Market Value Analysis
This analysis compares NGS Group 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: 0.49x
- 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 0.32x to 0.49x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Skr7.27 | Skr2.33 | x |
| 2013-12-31 | Skr12.12 | Skr2.33 | x |
| 2014-12-31 | Skr14.51 | Skr2.33 | x |
| 2015-12-31 | Skr16.33 | Skr2.33 | x |
| 2016-12-31 | Skr20.11 | Skr2.33 | x |
| 2017-12-31 | Skr22.94 | Skr2.33 | x |
| 2018-12-31 | Skr24.12 | Skr2.33 | x |
| 2019-12-31 | Skr21.42 | Skr2.33 | x |
| 2020-12-31 | Skr22.15 | Skr2.33 | x |
| 2021-12-31 | Skr23.46 | Skr2.33 | x |
| 2022-12-31 | Skr23.41 | Skr2.33 | x |
| 2023-12-31 | Skr12.94 | Skr2.33 | x |
| 2024-12-31 | Skr4.71 | Skr2.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NGS Group 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): -77.99%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -20.52%
- • Asset Turnover: 2.23x
- • Equity Multiplier: 1.70x
- Recent ROE (-77.99%) is below the historical average (-2.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 18.43% | 5.71% | 2.03x | 1.59x | Skr5.21 Million |
| 2013 | 24.96% | 6.35% | 2.25x | 1.75x | Skr14.95 Million |
| 2014 | 24.14% | 6.07% | 2.92x | 1.36x | Skr17.45 Million |
| 2015 | 20.22% | 5.25% | 2.78x | 1.39x | Skr14.20 Million |
| 2016 | 19.41% | 5.65% | 2.33x | 1.47x | Skr16.95 Million |
| 2017 | 20.87% | 6.33% | 2.01x | 1.64x | Skr22.50 Million |
| 2018 | 13.09% | 4.56% | 1.89x | 1.52x | Skr6.73 Million |
| 2019 | 6.15% | 2.49% | 1.68x | 1.47x | Skr-8.57 Million |
| 2020 | 3.54% | 1.89% | 1.40x | 1.34x | Skr-14.86 Million |
| 2021 | 5.41% | 2.66% | 1.45x | 1.40x | Skr-11.19 Million |
| 2022 | 1.51% | 0.64% | 1.56x | 1.51x | Skr-20.64 Million |
| 2023 | -107.72% | -25.17% | 2.20x | 1.94x | Skr-137.45 Million |
| 2024 | -77.99% | -20.52% | 2.23x | 1.70x | Skr-81.10 Million |
Industry Comparison
This section compares NGS Group AB (publ)'s net assets metrics with peer companies in the Staffing & Employment Services industry.
Industry Context
- Industry: Staffing & Employment Services
- Average net assets among peers: $119,002,667
- Average return on equity (ROE) among peers: 23.92%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NGS Group AB (publ) (NGS) | Skr90.73 Million | 18.43% | 0.59x | $488.82K |
| Dedicare AB (publ) (DEDI) | $262.56 Million | 38.58% | 1.83x | $19.73 Million |
| eWork Group AB (EWRK) | $155.61 Million | 50.70% | 20.31x | $54.08 Million |
| Hedera Group publ AB (HEGR) | $56.59 Million | 4.59% | 1.60x | $1.54 Million |
| Job Solution Sweden Holding AB (JOBS) | $71.04 Million | 17.69% | 2.28x | $27.28K |
| NetJobs Group AB (NJOB) | $11.33 Million | -15.96% | 0.59x | $309.00K |
| Ogunsen AB Series B (OGUN-B) | $80.36 Million | 45.64% | 0.87x | $20.11 Million |
| Pion Group AB Series B (PION-B) | $309.40 Million | -20.17% | 0.52x | $8.23 Million |
| Veteranpoolen AB Series B (VPAB-B) | $75.81 Million | 76.48% | 1.20x | $50.42K |
| Wise Group AB (WISE) | $48.33 Million | 17.74% | 0.76x | $5.55 Million |