Precise Biometrics AB (PREC) - Net Assets
Based on the latest financial reports, Precise Biometrics AB (PREC) has net assets worth Skr137.40 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 (Skr184.21 Million) and total liabilities (Skr46.81 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 | Skr137.40 Million |
| % of Total Assets | 74.59% |
| Annual Growth Rate | -0.19% |
| 5-Year Change | 32.55% |
| 10-Year Change | 81.99% |
| Growth Volatility | 61.39 |
Precise Biometrics AB - Net Assets Trend (2000–2024)
This chart illustrates how Precise Biometrics AB's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Precise Biometrics AB (2000–2024)
The table below shows the annual net assets of Precise Biometrics AB from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr151.16 Million | -5.12% |
| 2023-12-31 | Skr159.32 Million | +8.90% |
| 2022-12-31 | Skr146.30 Million | +14.25% |
| 2021-12-31 | Skr128.05 Million | +12.28% |
| 2020-12-31 | Skr114.04 Million | -9.82% |
| 2019-12-31 | Skr126.47 Million | +0.79% |
| 2018-12-31 | Skr125.48 Million | -13.94% |
| 2017-12-31 | Skr145.81 Million | -10.56% |
| 2016-12-31 | Skr163.01 Million | +96.26% |
| 2015-12-31 | Skr83.06 Million | -9.70% |
| 2014-12-31 | Skr91.98 Million | -31.64% |
| 2013-12-31 | Skr134.55 Million | +179.17% |
| 2012-12-31 | Skr48.20 Million | +2.57% |
| 2011-12-31 | Skr46.99 Million | +50.39% |
| 2010-12-31 | Skr31.24 Million | -31.19% |
| 2009-12-31 | Skr45.41 Million | +183.73% |
| 2008-12-31 | Skr16.00 Million | -77.52% |
| 2007-12-31 | Skr71.20 Million | -25.06% |
| 2006-12-31 | Skr95.02 Million | -8.99% |
| 2005-12-31 | Skr104.40 Million | +54.06% |
| 2004-12-31 | Skr67.77 Million | +35.34% |
| 2003-12-31 | Skr50.07 Million | -25.54% |
| 2002-12-31 | Skr67.25 Million | -18.61% |
| 2001-12-31 | Skr82.62 Million | -47.82% |
| 2000-12-31 | Skr158.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Precise Biometrics 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 79488400000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr23.54 Million | 15.57% |
| Other Comprehensive Income | Skr4.68 Million | 3.10% |
| Other Components | Skr917.82 Million | 607.17% |
| Total Equity | Skr151.16 Million | 100.00% |
Precise Biometrics AB Competitors by Market Cap
The table below lists competitors of Precise Biometrics AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
NSX Ltd
AU:NSX
|
$14.16 Million |
|
Korea Plasma Technology U Co.Ltd
KQ:054410
|
$14.16 Million |
|
Riverside Resources Inc
V:RRI
|
$14.16 Million |
|
Toppoint Holdings Inc.
NYSE MKT:TOPP
|
$14.18 Million |
|
IRLAB Therapeutics AB (publ)
ST:IRLAB-A
|
$14.15 Million |
|
Pimpinan Eshan Bhd
KLSE:5622
|
$14.14 Million |
|
KKO INTERNATIONAL EO-10
F:5KI1
|
$14.14 Million |
|
Sage Potash Corp.
V:SAGE
|
$14.13 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Precise Biometrics AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 159,319,000 to 151,163,000, a change of -8,156,000 (-5.1%).
- Net loss of 8,433,000 reduced equity.
- Share repurchases of 3,000 reduced equity.
- Other comprehensive income increased equity by 277,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-8.43 Million | -5.58% |
| Share Repurchases | Skr3.00K | -0.0% |
| Other Comprehensive Income | Skr277.00K | +0.18% |
| Other Changes | Skr3.00K | +0.0% |
| Total Change | Skr- | -5.12% |
Book Value vs Market Value Analysis
This analysis compares Precise Biometrics 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: 0.88x
- 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 0.01x to 0.88x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2001-12-31 | Skr126.99 | Skr1.70 | x |
| 2002-12-31 | Skr92.13 | Skr1.70 | x |
| 2003-12-31 | Skr11.76 | Skr1.70 | x |
| 2004-12-31 | Skr6.68 | Skr1.70 | x |
| 2005-12-31 | Skr8.72 | Skr1.70 | x |
| 2006-12-31 | Skr6.96 | Skr1.70 | x |
| 2007-12-31 | Skr3.91 | Skr1.70 | x |
| 2008-12-31 | Skr0.87 | Skr1.70 | x |
| 2009-12-31 | Skr2.53 | Skr1.70 | x |
| 2010-12-31 | Skr1.45 | Skr1.70 | x |
| 2011-12-31 | Skr2.05 | Skr1.70 | x |
| 2012-12-31 | Skr2.02 | Skr1.70 | x |
| 2013-12-31 | Skr3.83 | Skr1.70 | x |
| 2014-12-31 | Skr2.32 | Skr1.70 | x |
| 2015-12-31 | Skr2.10 | Skr1.70 | x |
| 2016-12-31 | Skr4.10 | Skr1.70 | x |
| 2017-12-31 | Skr3.53 | Skr1.70 | x |
| 2018-12-31 | Skr3.04 | Skr1.70 | x |
| 2019-12-31 | Skr3.06 | Skr1.70 | x |
| 2020-12-31 | Skr2.76 | Skr1.70 | x |
| 2021-12-31 | Skr3.08 | Skr1.70 | x |
| 2022-12-31 | Skr3.09 | Skr1.70 | x |
| 2023-12-31 | Skr2.43 | Skr1.70 | x |
| 2024-12-31 | Skr1.93 | Skr1.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Precise Biometrics 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): -5.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -9.71%
- • Asset Turnover: 0.43x
- • Equity Multiplier: 1.34x
- Recent ROE (-5.58%) is above the historical average (-54.18%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | -82.45% | -483.17% | 0.14x | 1.20x | Skr-76.37 Million |
| 2002 | -109.47% | -327.61% | 0.26x | 1.30x | Skr-80.34 Million |
| 2003 | -108.08% | -396.61% | 0.23x | 1.17x | Skr-59.13 Million |
| 2004 | -56.18% | -126.88% | 0.37x | 1.19x | Skr-44.85 Million |
| 2005 | -39.30% | -91.08% | 0.36x | 1.20x | Skr-51.47 Million |
| 2006 | -95.64% | -190.38% | 0.38x | 1.33x | Skr-100.38 Million |
| 2007 | -49.56% | -142.21% | 0.29x | 1.21x | Skr-42.41 Million |
| 2008 | -338.54% | -118.12% | 1.35x | 2.13x | Skr-55.78 Million |
| 2009 | -47.95% | -31.71% | 0.94x | 1.61x | Skr-26.31 Million |
| 2010 | -46.88% | -32.59% | 0.93x | 1.54x | Skr-17.77 Million |
| 2011 | -70.69% | -153.67% | 0.34x | 1.37x | Skr-37.91 Million |
| 2012 | -97.42% | -166.02% | 0.33x | 1.78x | Skr-51.77 Million |
| 2013 | -32.16% | -123.83% | 0.23x | 1.14x | Skr-56.73 Million |
| 2014 | -47.88% | -140.33% | 0.30x | 1.15x | Skr-53.24 Million |
| 2015 | -11.40% | -16.81% | 0.57x | 1.19x | Skr-17.77 Million |
| 2016 | 19.14% | 32.08% | 0.50x | 1.20x | Skr14.89 Million |
| 2017 | -11.96% | -28.56% | 0.32x | 1.30x | Skr-32.01 Million |
| 2018 | -16.30% | -30.24% | 0.43x | 1.27x | Skr-33.00 Million |
| 2019 | 0.81% | 1.11% | 0.58x | 1.25x | Skr-11.63 Million |
| 2020 | -10.67% | -13.17% | 0.60x | 1.34x | Skr-23.57 Million |
| 2021 | -10.50% | -16.14% | 0.35x | 1.88x | Skr-26.25 Million |
| 2022 | -15.19% | -24.42% | 0.43x | 1.46x | Skr-36.86 Million |
| 2023 | -16.57% | -35.17% | 0.35x | 1.33x | Skr-42.33 Million |
| 2024 | -5.58% | -9.71% | 0.43x | 1.34x | Skr-23.55 Million |
Industry Comparison
This section compares Precise Biometrics AB's net assets metrics with peer companies in the Security & Protection Services industry.
Industry Context
- Industry: Security & Protection Services
- Average net assets among peers: $11,671,703,725
- Average return on equity (ROE) among peers: 4.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Precise Biometrics AB (PREC) | Skr137.40 Million | -82.45% | 0.34x | $14.16 Million |
| ASSA ABLOY AB (publ) (ASSA-B) | $86.03 Billion | 15.45% | 0.80x | $43.07 Billion |
| Careium AB (CARE) | $386.50 Million | 4.86% | 0.86x | $59.16 Million |
| Irisity AB (IRIS) | $10.96 Million | -93.88% | 1.55x | $2.61 Million |
| Nordic LEVEL Group AB (LEVEL) | $38.25 Million | -52.29% | 0.98x | $12.12 Million |
| Loomis AB ser. B (LOOMIS) | $676.00 Million | 69.75% | 13.69x | $3.37 Billion |
| Securitas AB (SECU-B) | $11.68 Billion | 12.72% | 2.21x | $10.11 Billion |
| SIBEK (SIBEK) | $32.84 Million | 36.58% | 0.69x | $51.35 Million |
| Tempest Security AB (TSEC) | $7.83 Million | 47.53% | 5.58x | $11.96 Million |
| Verisure Plc (VSURE) | $6.19 Billion | -4.49% | 1.62x | $115.36 |
About Precise Biometrics AB
Precise Biometrics AB (publ) operates in the field of cybersecurity and biometric solutions in Sweden, Taiwan, China, the United States, and internationally. The company operates in two segments, Digital Identity and Biometric Technologies. It offers YOUNiQ Access, a physical access management system based on biometrics, such as facial recognition; YOUNiQ Visit system for secure and efficient vis… Read more