Qlucore AB
Qlucore AB (publ) offers visualization-based bioinformatics data analysis tools for research and precision diagnostics in Sweden and internationally. It offers Qlucore Omics Explorer, a bioinformatics software for research in life science, biotech, and plant industries, as well as academia; Qlucore Insights, a software for clinical data analysis; and Qlucore Diagnostics, a software platform for m… Read more
Qlucore AB (QCORE) - Net Assets
Latest net assets as of January 2026: Skr39.65 Million SEK
Based on the latest financial reports, Qlucore AB (QCORE) has net assets worth Skr39.65 Million SEK as of January 2026.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr51.02 Million) and total liabilities (Skr11.36 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 | Skr39.65 Million |
| % of Total Assets | 77.73% |
| Annual Growth Rate | 37.73% |
| 5-Year Change | 59.9% |
| 10-Year Change | N/A |
| Growth Volatility | 89.55 |
Qlucore AB - Net Assets Trend (2019–2025)
This chart illustrates how Qlucore 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 Qlucore AB (2019–2025)
The table below shows the annual net assets of Qlucore AB from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | Skr58.47 Million | -26.10% |
| 2024-04-30 | Skr79.11 Million | -16.49% |
| 2023-04-30 | Skr94.73 Million | -14.32% |
| 2022-04-30 | Skr110.56 Million | +202.38% |
| 2021-04-30 | Skr36.56 Million | +154.90% |
| 2020-04-30 | Skr14.34 Million | +67.52% |
| 2019-04-30 | Skr8.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Qlucore 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 1556199500.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr765.00K | 1.31% |
| Other Components | Skr57.70 Million | 98.69% |
| Total Equity | Skr58.47 Million | 100.00% |
Qlucore AB Competitors by Market Cap
The table below lists competitors of Qlucore AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Visagar Polytex Limited
NSE:VIVIDHA
|
$1.67 Million |
|
Authentic Holdings Inc.
PINK:AHRO
|
$1.67 Million |
|
DONT NOD ENT. NOM.EO-02
F:RFV
|
$1.67 Million |
|
Zanlakol Ltd
TA:ZNKL
|
$1.67 Million |
|
MDJM Ltd
NASDAQ:UOKA
|
$1.66 Million |
|
Erciyas Celik Boru Sanayi A.S.
IS:ERCB
|
$1.66 Million |
|
SWISS BREAK GRP N
BE:4SB
|
$1.66 Million |
|
NANOMETRICS INC
MU:NNM
|
$1.66 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qlucore AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 79,110,000 to 58,465,000, a change of -20,645,000 (-26.1%).
- Net loss of 20,535,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-20.54 Million | -35.12% |
| Other Changes | Skr-110.00K | -0.19% |
| Total Change | Skr- | -26.10% |
Book Value vs Market Value Analysis
This analysis compares Qlucore 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: 0.03x
- 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 decreased from 0.21x to 0.03x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-04-30 | Skr2.13 | Skr0.45 | x |
| 2020-04-30 | Skr3.56 | Skr0.45 | x |
| 2021-04-30 | Skr9.08 | Skr0.45 | x |
| 2022-04-30 | Skr27.45 | Skr0.45 | x |
| 2023-04-30 | Skr23.52 | Skr0.45 | x |
| 2024-04-30 | Skr19.64 | Skr0.45 | x |
| 2025-04-30 | Skr14.22 | Skr0.45 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qlucore 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): -35.12%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -201.17%
- • Asset Turnover: 0.15x
- • Equity Multiplier: 1.20x
- Recent ROE (-35.12%) is below the historical average (-13.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -7.40% | -4.25% | 0.85x | 2.05x | Skr-1.49 Million |
| 2020 | 8.55% | 7.65% | 0.70x | 1.59x | Skr-208.40K |
| 2021 | -16.51% | -46.63% | 0.28x | 1.26x | Skr-9.69 Million |
| 2022 | -10.55% | -82.61% | 0.12x | 1.10x | Skr-22.72 Million |
| 2023 | -16.82% | -125.76% | 0.12x | 1.15x | Skr-25.41 Million |
| 2024 | -19.82% | -109.13% | 0.16x | 1.14x | Skr-23.59 Million |
| 2025 | -35.12% | -201.17% | 0.15x | 1.20x | Skr-26.38 Million |
Industry Comparison
This section compares Qlucore AB's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $126,048,416
- Average return on equity (ROE) among peers: -49.61%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qlucore AB (QCORE) | Skr39.65 Million | -7.40% | 0.29x | $1.66 Million |
| 24SevenOffice Scandinavia AB (247) | $224.91 Million | -92.59% | 1.79x | $11.74 Million |
| eEducation Albert AB (ALBERT) | $239.38 Million | -40.80% | 0.27x | $4.54 Million |
| AppSpotr AB (APTR) | $1.94 Million | -82.05% | 0.40x | $2.58 Million |
| Better Collective (BETCO) | $412.92 Million | 11.64% | 0.90x | $403.96 Million |
| BIMobject AB (BIM) | $2.25 Million | -100.86% | 0.40x | $36.99 Million |
| Bambuser AB (BUSER) | $94.15 Million | -120.06% | 0.51x | $12.43 Million |
| CodeMill AB (CDMIL) | $29.32 Million | -19.90% | 1.21x | $7.40 Million |
| Crunchfish AB (CFISH) | $47.16 Million | -56.24% | 0.17x | $12.42 Million |
| ChargePanel AB (CHARGE) | $672.00K | 3.13% | 2.05x | $3.02 Million |
| Checkin.com Group AB (CHECK) | $207.78 Million | 1.67% | 0.16x | $1.07 Million |