Nord Insuretech Group AB (NORDIG) - Net Assets
Based on the latest financial reports, Nord Insuretech Group AB (NORDIG) has net assets worth Skr20.99 Million SEK (≈ $2.26 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr49.09 Million ≈ $5.28 Million USD) and total liabilities (Skr28.10 Million ≈ $3.02 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. Read NORDIG total liabilities for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr20.99 Million |
| % of Total Assets | 42.76% |
| Annual Growth Rate | N/A |
| 5-Year Change | -37.39% |
| 10-Year Change | N/A |
| Growth Volatility | 96.45 |
Nord Insuretech Group AB - Net Assets Trend (2019–2025)
This chart illustrates how Nord Insuretech Group AB's net assets have evolved over time, based on quarterly financial data. Also explore NORDIG asset base for the complete picture of this company's asset base.
Annual Net Assets for Nord Insuretech Group AB (2019–2025)
The table below shows the annual net assets of Nord Insuretech Group AB from 2019 to 2025. For live valuation and market cap data, see market cap of Nord Insuretech Group AB.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr20.99 Million ≈ $2.26 Million |
+212.03% |
| 2024-12-31 | Skr6.73 Million ≈ $723.83K |
-84.31% |
| 2023-12-31 | Skr42.87 Million ≈ $4.61 Million |
+11.45% |
| 2022-12-31 | Skr38.46 Million ≈ $4.14 Million |
+14.74% |
| 2021-12-31 | Skr33.52 Million ≈ $3.61 Million |
+33.71% |
| 2020-12-31 | Skr25.07 Million ≈ $2.70 Million |
+343.46% |
| 2019-12-31 | Skr-10.30 Million ≈ $-1.11 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Nord Insuretech 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 32149900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Skr623.23 Million | 2969.61% |
| Total Equity | Skr20.99 Million | 100.00% |
Nord Insuretech Group AB Competitors by Market Cap
The table below lists competitors of Nord Insuretech Group AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Aztec Minerals Corp
V:AZT
|
$31.43 Million |
|
Chumpower Machinery Corp
TWO:4575
|
$31.43 Million |
|
Asian Hotels (East) Limited
NSE:AHLEAST
|
$31.44 Million |
|
Iljin Display
KO:020760
|
$31.45 Million |
|
Apollomics Inc. Class A Ordinary Shares
NASDAQ:APLM
|
$31.42 Million |
|
GoviEx Uranium Inc
V:GXU
|
$31.42 Million |
|
Zedge Inc
NYSE MKT:ZDGE
|
$31.42 Million |
|
Zenith Minerals Ltd
AU:ZNC
|
$31.42 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nord Insuretech Group AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 6,726,000 to 20,987,000, a change of 14,261,000 (212.0%).
- Net loss of 35,601,000 reduced equity.
- New share issuances of 15,500,000 increased equity.
- Other factors increased equity by 34,362,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-35.60 Million | -169.63% |
| Share Issuances | Skr15.50 Million | +73.86% |
| Other Changes | Skr34.36 Million | +163.73% |
| Total Change | Skr- | 212.03% |
Book Value vs Market Value Analysis
This analysis compares Nord Insuretech 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: 13.54x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | Skr-0.47 | Skr0.79 | x |
| 2020-12-31 | Skr0.27 | Skr0.79 | x |
| 2021-12-31 | Skr0.25 | Skr0.79 | x |
| 2022-12-31 | Skr0.23 | Skr0.79 | x |
| 2023-12-31 | Skr0.26 | Skr0.79 | x |
| 2024-12-31 | Skr0.04 | Skr0.79 | x |
| 2025-12-31 | Skr0.06 | Skr0.79 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nord Insuretech 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): -169.63%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -831.99%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 2.34x
- Recent ROE (-169.63%) is above the historical average (-231.07%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 0.00% | -100.36% | 0.41x | 0.00x | Skr-143.52 Million |
| 2020 | -649.08% | -76036.92% | 0.01x | 1.55x | Skr-165.23 Million |
| 2021 | -63.46% | -264.62% | 0.16x | 1.49x | Skr-24.62 Million |
| 2022 | -37.67% | -131.83% | 0.25x | 1.12x | Skr-18.33 Million |
| 2023 | -131.62% | -724.45% | 0.07x | 2.66x | Skr-60.71 Million |
| 2024 | -566.01% | -1169.23% | 0.05x | 9.27x | Skr-38.74 Million |
| 2025 | -169.63% | -831.99% | 0.09x | 2.34x | Skr-37.70 Million |
Industry Comparison
This section compares Nord Insuretech Group AB's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $101,219,464
- Average return on equity (ROE) among peers: -179.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nord Insuretech Group AB (NORDIG) | Skr20.99 Million | 0.00% | 1.34x | $31.42 Million |
| 24SevenOffice Scandinavia AB (247) | $139.50 Million | 1.39% | 2.27x | $67.95 Million |
| eEducation Albert AB (ALBERT) | $70.12 Million | -37.81% | 0.10x | $11.01 Million |
| AppSpotr AB (APTR) | $1.95 Million | -95.69% | 0.49x | $28.96 Million |
| Better Collective (BETCO) | $412.92 Million | 11.64% | 0.90x | $788.44 Million |
| BIMobject AB (BIM) | $51.63 Million | -66.27% | 0.23x | $62.85 Million |
| Bambuser AB (BUSER) | $568.52K | -1473.87% | 3.94x | $22.28 Million |
| CodeMill AB (CDMIL) | $48.59 Million | -28.16% | 0.71x | $22.65 Million |
| Crunchfish AB (CFISH) | $52.26 Million | -94.34% | 0.18x | $26.71 Million |
| ChargePanel AB (CHARGE) | $26.88 Million | -15.11% | 0.11x | $7.15 Million |
| Checkin.com Group AB (CHECK) | $207.78 Million | 1.67% | 0.16x | $9.58 Million |
About Nord Insuretech Group AB
Nord Insuretech Group AB (publ) operates a digital platform that allows partners to sell various insurance products in Norway. Its platform operates as an intermediary that delivers digital and white-label solutions to consumers. The company was formerly known as Hudya AB (publ) and changed its name to Nord Insuretech Group AB (publ) in January 2021. Nord Insuretech Group AB (publ) was incorporat… Read more