Purefun Group AB (PURE) - Net Assets
Based on the latest financial reports, Purefun Group AB (PURE) has net assets worth Skr95.00 Million SEK (≈ $10.22 Million USD) as of January 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr131.40 Million ≈ $14.14 Million USD) and total liabilities (Skr36.40 Million ≈ $3.92 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 Purefun Group AB (PURE) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr95.00 Million |
| % of Total Assets | 72.3% |
| Annual Growth Rate | 25.55% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 28.44 |
Purefun Group AB - Net Assets Trend (2020–2024)
This chart illustrates how Purefun Group AB's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Purefun Group AB for the complete picture of this company's asset base.
Annual Net Assets for Purefun Group AB (2020–2024)
The table below shows the annual net assets of Purefun Group AB from 2020 to 2024. For live valuation and market cap data, see Purefun Group AB market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-04-30 | Skr90.56 Million ≈ $9.75 Million |
+4.70% |
| 2023-04-30 | Skr86.50 Million ≈ $9.31 Million |
+71.82% |
| 2022-04-30 | Skr50.34 Million ≈ $5.42 Million |
+1.43% |
| 2021-04-30 | Skr49.64 Million ≈ $5.34 Million |
+36.19% |
| 2020-04-30 | Skr36.45 Million ≈ $3.92 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Purefun 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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr560.00K | 0.89% |
| Other Comprehensive Income | Skr92.30 Million | 147.13% |
| Total Equity | Skr62.73 Million | 100.00% |
Purefun Group AB Competitors by Market Cap
The table below lists competitors of Purefun Group AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Skyline Investments Inc
TA:SKLN
|
$13.27 Million |
|
Obiz Concept SAS
PA:ALBIZ
|
$13.28 Million |
|
Solstice Gold Corp
V:SGC
|
$13.28 Million |
|
Intrasoft Technologies Limited
NSE:ISFT
|
$13.29 Million |
|
Acumentis Group Ltd
AU:ACU
|
$13.25 Million |
|
PAKERS.Co.Ltd
KQ:065690
|
$13.24 Million |
|
Aqua Metals Inc
NASDAQ:AQMS
|
$13.23 Million |
|
PT Jaya Bersama Indo Tbk
JK:DUCK
|
$13.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Purefun Group AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 86,500,000 to 62,734,000, a change of -23,766,000 (-27.5%).
- Net income of 4,088,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 34,265,000.
- Other factors decreased equity by 62,119,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr4.09 Million | +6.52% |
| Other Comprehensive Income | Skr34.27 Million | +54.62% |
| Other Changes | Skr-62.12 Million | -99.02% |
| Total Change | Skr- | -27.48% |
Book Value vs Market Value Analysis
This analysis compares Purefun 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: 1.96x
- 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 3.02x to 1.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-04-30 | Skr3.64 | Skr11.00 | x |
| 2021-04-30 | Skr4.96 | Skr11.00 | x |
| 2022-04-30 | Skr3.84 | Skr11.00 | x |
| 2023-04-30 | Skr7.72 | Skr11.00 | x |
| 2024-04-30 | Skr5.60 | Skr11.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Purefun 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): 6.52%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.00%
- • Asset Turnover: 1.48x
- • Equity Multiplier: 2.20x
- Recent ROE (6.52%) is below the historical average (13.49%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 13.47% | 4.37% | 2.26x | 1.36x | Skr1.27 Million |
| 2021 | 26.57% | 9.28% | 1.76x | 1.63x | Skr8.23 Million |
| 2022 | 13.71% | 3.52% | 1.58x | 2.47x | Skr1.43 Million |
| 2023 | 7.17% | 3.18% | 1.54x | 1.47x | Skr-2.45 Million |
| 2024 | 6.52% | 2.00% | 1.48x | 2.20x | Skr-2.19 Million |
Industry Comparison
This section compares Purefun Group AB's net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $1,581,891,550
- Average return on equity (ROE) among peers: -24.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Purefun Group AB (PURE) | Skr95.00 Million | 13.47% | 0.38x | $13.26 Million |
| New Bubbleroom Sweden AB (BBROOM) | $148.32 Million | -18.25% | 0.93x | $11.88 Million |
| BHG Group AB (publ) (BHG) | $7.67 Billion | 0.60% | 0.86x | $444.02 Million |
| Sweden BuyersClub AB (BUY) | $8.14 Million | -83.48% | 2.16x | $5.49 Million |
| CDON AB (CDON) | $150.80 Million | -23.21% | 2.56x | $89.70 Million |
| Desenio Group AB (DSNO) | $-67.60 Million | 0.00% | 0.00x | $11.62 Million |
About Purefun Group AB
Purefun Group AB (publ), through its subsidiaries, develops and operates multi-brand e-commerce and direct to consumer stores in Sweden, Norway, Denmark, and Finland. Its e-commerce stores offer sexual health products, such as contraceptives and condoms, as well as products for dogs; and adult toys. The company also manufactures massage oils and lubricants; and develops and manufactures cosmetic … Read more