Novotek AB (NTEK-B) - Net Assets
Based on the latest financial reports, Novotek AB (NTEK-B) has net assets worth Skr243.50 Million SEK (≈ $26.20 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr571.20 Million ≈ $61.47 Million USD) and total liabilities (Skr327.70 Million ≈ $35.27 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 NTEK-B tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr243.50 Million |
| % of Total Assets | 42.63% |
| Annual Growth Rate | 4.55% |
| 5-Year Change | 43.54% |
| 10-Year Change | 169.94% |
| Growth Volatility | 8.48 |
Novotek AB - Net Assets Trend (2002–2025)
This chart illustrates how Novotek AB's net assets have evolved over time, based on quarterly financial data. See how many days can Novotek AB fund operations to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Novotek AB (2002–2025)
The table below shows the annual net assets of Novotek AB from 2002 to 2025. For live valuation and market cap data, see Novotek AB (NTEK-B) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr236.40 Million ≈ $25.44 Million |
+0.57% |
| 2024-12-31 | Skr235.06 Million ≈ $25.30 Million |
+14.72% |
| 2023-12-31 | Skr204.89 Million ≈ $22.05 Million |
+9.17% |
| 2022-12-31 | Skr187.69 Million ≈ $20.20 Million |
+13.97% |
| 2021-12-31 | Skr164.69 Million ≈ $17.72 Million |
+15.16% |
| 2020-12-31 | Skr143.01 Million ≈ $15.39 Million |
+16.86% |
| 2019-12-31 | Skr122.38 Million ≈ $13.17 Million |
+13.26% |
| 2018-12-31 | Skr108.05 Million ≈ $11.63 Million |
+12.42% |
| 2017-12-31 | Skr96.11 Million ≈ $10.34 Million |
+9.74% |
| 2016-12-31 | Skr87.58 Million ≈ $9.42 Million |
+9.71% |
| 2015-12-31 | Skr79.82 Million ≈ $8.59 Million |
+1.68% |
| 2014-12-31 | Skr78.50 Million ≈ $8.45 Million |
+7.43% |
| 2013-12-31 | Skr73.07 Million ≈ $7.86 Million |
-0.49% |
| 2012-12-31 | Skr73.43 Million ≈ $7.90 Million |
-13.81% |
| 2011-12-31 | Skr85.19 Million ≈ $9.17 Million |
-2.18% |
| 2010-12-31 | Skr87.09 Million ≈ $9.37 Million |
-3.16% |
| 2009-12-31 | Skr89.93 Million ≈ $9.68 Million |
-12.37% |
| 2008-12-31 | Skr102.63 Million ≈ $11.04 Million |
+5.62% |
| 2007-12-31 | Skr97.17 Million ≈ $10.46 Million |
+3.54% |
| 2006-12-31 | Skr93.84 Million ≈ $10.10 Million |
-0.21% |
| 2005-12-31 | Skr94.04 Million ≈ $10.12 Million |
+7.96% |
| 2004-12-31 | Skr87.10 Million ≈ $9.37 Million |
-6.99% |
| 2003-12-31 | Skr93.65 Million ≈ $10.08 Million |
+10.27% |
| 2002-12-31 | Skr84.93 Million ≈ $9.14 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Novotek 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 1684.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr179.90 Million | 78.49% |
| Common Stock | Skr2.70 Million | 1.18% |
| Other Components | Skr46.60 Million | 20.33% |
| Total Equity | Skr229.20 Million | 100.00% |
Novotek AB Competitors by Market Cap
The table below lists competitors of Novotek AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Broad Capital Acquisition Corp Unit
NASDAQ:BRACU
|
$49.95 Million |
|
Cyclopharm Ltd
AU:CYC
|
$49.95 Million |
|
Oneflow AB
ST:ONEF
|
$49.96 Million |
|
Daelim B&Co
KO:005750
|
$49.97 Million |
|
Bingshan Refrigeration and Heat Transfer Technologies Co Ltd
SHE:200530
|
$49.94 Million |
|
Unimech Group Bhd
KLSE:7091
|
$49.93 Million |
|
Springwater Special Situations Corp
NASDAQ:SWSS
|
$49.90 Million |
|
Kanpur Plastipack Limited
NSE:KANPRPLA
|
$49.89 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Novotek AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 229,089,000 to 229,200,000, a change of 111,000 (0.0%).
- Net income of 39,100,000 contributed positively to equity growth.
- Dividend payments of 19,100,000 reduced retained earnings.
- Other comprehensive income decreased equity by 23,242,000.
- Other factors increased equity by 3,353,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr39.10 Million | +17.06% |
| Dividends Paid | Skr19.10 Million | -8.33% |
| Other Comprehensive Income | Skr-23.24 Million | -10.14% |
| Other Changes | Skr3.35 Million | +1.46% |
| Total Change | Skr- | 0.05% |
Book Value vs Market Value Analysis
This analysis compares Novotek 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: 2.36x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 42.47x to 2.36x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | Skr1.20 | Skr51.00 | x |
| 2003-12-31 | Skr1.46 | Skr51.00 | x |
| 2004-12-31 | Skr1.35 | Skr51.00 | x |
| 2005-12-31 | Skr1.78 | Skr51.00 | x |
| 2006-12-31 | Skr8.39 | Skr51.00 | x |
| 2007-12-31 | Skr8.45 | Skr51.00 | x |
| 2008-12-31 | Skr9.20 | Skr51.00 | x |
| 2009-12-31 | Skr8.17 | Skr51.00 | x |
| 2010-12-31 | Skr7.89 | Skr51.00 | x |
| 2011-12-31 | Skr7.68 | Skr51.00 | x |
| 2012-12-31 | Skr6.62 | Skr51.00 | x |
| 2013-12-31 | Skr6.58 | Skr51.00 | x |
| 2014-12-31 | Skr7.12 | Skr51.00 | x |
| 2015-12-31 | Skr7.28 | Skr51.00 | x |
| 2016-12-31 | Skr7.92 | Skr51.00 | x |
| 2017-12-31 | Skr8.66 | Skr51.00 | x |
| 2018-12-31 | Skr9.86 | Skr51.00 | x |
| 2019-12-31 | Skr11.28 | Skr51.00 | x |
| 2020-12-31 | Skr13.29 | Skr51.00 | x |
| 2021-12-31 | Skr15.40 | Skr51.00 | x |
| 2022-12-31 | Skr17.57 | Skr51.00 | x |
| 2023-12-31 | Skr19.06 | Skr51.00 | x |
| 2024-12-31 | Skr21.61 | Skr51.00 | x |
| 2025-12-31 | Skr21.62 | Skr51.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Novotek 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): 17.06%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.77%
- • Asset Turnover: 0.82x
- • Equity Multiplier: 2.68x
- Recent ROE (17.06%) is below the historical average (27.23%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 79.18% | 5.05% | 1.65x | 9.47x | Skr8.81 Million |
| 2003 | 82.92% | 6.45% | 1.42x | 9.05x | Skr11.32 Million |
| 2004 | 81.50% | 6.00% | 1.47x | 9.23x | Skr10.24 Million |
| 2005 | 82.81% | 7.80% | 1.41x | 7.51x | Skr13.74 Million |
| 2006 | 17.19% | 7.15% | 1.31x | 1.84x | Skr6.39 Million |
| 2007 | 14.85% | 5.05% | 1.56x | 1.89x | Skr4.34 Million |
| 2008 | 10.72% | 3.58% | 1.54x | 1.95x | Skr698.70K |
| 2009 | 1.44% | 0.52% | 1.52x | 1.83x | Skr-7.42 Million |
| 2010 | 9.31% | 3.70% | 1.36x | 1.86x | Skr-575.90K |
| 2011 | 10.92% | 4.13% | 1.41x | 1.87x | Skr747.00K |
| 2012 | 0.99% | 0.36% | 1.49x | 1.85x | Skr-6.33 Million |
| 2013 | 14.18% | 5.06% | 1.45x | 1.94x | Skr2.91 Million |
| 2014 | 18.69% | 6.41% | 1.52x | 1.91x | Skr6.56 Million |
| 2015 | 18.99% | 6.73% | 1.48x | 1.90x | Skr6.94 Million |
| 2016 | 17.86% | 7.08% | 1.33x | 1.90x | Skr6.60 Million |
| 2017 | 21.84% | 8.51% | 1.27x | 2.03x | Skr10.87 Million |
| 2018 | 22.64% | 8.33% | 1.32x | 2.06x | Skr13.21 Million |
| 2019 | 22.32% | 8.79% | 1.27x | 2.00x | Skr14.74 Million |
| 2020 | 20.18% | 8.91% | 1.15x | 1.98x | Skr14.35 Million |
| 2021 | 24.36% | 10.18% | 1.23x | 1.95x | Skr23.44 Million |
| 2022 | 16.67% | 7.17% | 1.04x | 2.23x | Skr12.42 Million |
| 2023 | 13.18% | 5.30% | 1.15x | 2.17x | Skr6.43 Million |
| 2024 | 33.62% | 15.76% | 0.75x | 2.86x | Skr54.11 Million |
| 2025 | 17.06% | 7.77% | 0.82x | 2.68x | Skr16.18 Million |
Industry Comparison
This section compares Novotek AB's net assets metrics with peer companies in the Information Technology Services industry.
Industry Context
- Industry: Information Technology Services
- Average net assets among peers: $418,576,000
- Average return on equity (ROE) among peers: 11.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Novotek AB (NTEK-B) | Skr243.50 Million | 79.18% | 1.35x | $49.94 Million |
| Addnode Group AB (publ) (ANOD-B) | $793.83 Million | 10.89% | 0.68x | $587.76 Million |
| Avensia publ AB (AVEN) | $31.52 Million | 18.91% | 1.19x | $28.92 Million |
| B3 Consulting Group AB (B3) | $86.71 Million | 26.53% | 1.96x | $21.67 Million |
| CAG Group AB (publ) (CAG) | $63.16 Million | 18.18% | 0.98x | $79.45 Million |
| CombinedX AB (CX) | $40.47 Million | 33.60% | 1.57x | $76.09 Million |
| Dustin Group AB (DUST) | $1.32 Billion | 9.44% | 1.90x | $236.36 Million |
| Exsitec Holding AB (EXS) | $147.68 Million | 1.86% | 0.47x | $151.03 Million |
| Fram Skandinavien AB Series B (FRAM-B) | $38.98 Million | -33.51% | 0.50x | $1.76 Million |
| Know IT AB (KNOW) | $1.24 Billion | 18.71% | 0.79x | $240.28 Million |
About Novotek AB
Novotek AB delivers solutions in the industrial IT and automation areas in Sweden, Norway, Denmark, Finland, Benelux countries, the United Kingdom, Ireland, and Switzerland. The company designs, implements, deploys, and maintains its customers' systems for production management and control. It serves the energy, infrastructure, iron and steel, chemistry and petrochemical, food, pharmaceutical, pa… Read more