Qiiwi Games AB (publ) Net Assets
Qiiwi Games AB (publ) net assets. Based on the latest financial reports, Qiiwi Games AB (publ) (QIIWI) has net assets worth Skr14.95 Million SEK (≈ $1.61 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr17.52 Million ≈ $1.89 Million USD) and total liabilities (Skr2.57 Million ≈ $276.79K 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. Also explore Qiiwi Games AB (publ) annual equity growth to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr14.95 Million |
| % of Total Assets | 85.32% |
| Annual Growth Rate | 7.42% |
| 5-Year Change | -78.61% |
| 10-Year Change | 273.54% |
| Growth Volatility | 110.2 |
Net Assets of Qiiwi Games AB (publ) (2013–2025)
Net assets of Qiiwi Games AB (publ) from 2013 to 2025. This chart illustrates how Qiiwi Games AB (publ)'s net assets have evolved over time, based on quarterly financial data. See QIIWI net asset quality score to measure how much of total assets are equity-financed.
Annual Net Assets for Qiiwi Games AB (publ) (2013–2025)
The table below shows the annual net assets of Qiiwi Games AB (publ) from 2013 to 2025. For live market cap and overall valuation, see QIIWI company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr15.88 Million ≈ $1.71 Million |
-33.78% |
| 2024-12-31 | Skr23.98 Million ≈ $2.58 Million |
-22.39% |
| 2023-12-31 | Skr30.90 Million ≈ $3.32 Million |
-47.70% |
| 2022-12-31 | Skr59.07 Million ≈ $6.36 Million |
-20.41% |
| 2021-12-31 | Skr74.22 Million ≈ $7.99 Million |
+301.45% |
| 2020-12-31 | Skr18.49 Million ≈ $1.99 Million |
+21.08% |
| 2019-12-31 | Skr15.27 Million ≈ $1.64 Million |
-3.32% |
| 2018-12-31 | Skr15.79 Million ≈ $1.70 Million |
+14.88% |
| 2017-12-31 | Skr13.75 Million ≈ $1.48 Million |
+223.43% |
| 2016-12-31 | Skr4.25 Million ≈ $457.48K |
+115.13% |
| 2015-12-31 | Skr1.98 Million ≈ $212.65K |
-56.30% |
| 2014-12-31 | Skr4.52 Million ≈ $486.64K |
-32.78% |
| 2013-12-31 | Skr6.73 Million ≈ $723.93K |
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Equity Component Analysis
This analysis shows how different components contribute to Qiiwi Games AB (publ)'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 1537800.0% over the analyzed period, indicating profitable operations and earnings retention.
Qiiwi Games AB (publ) Net Assets Breakdown (December 2025)
Qiiwi Games AB (publ) net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr925.00K | 5.83% |
| Other Comprehensive Income | Skr-78.31 Million | -493.17% |
| Other Components | Skr93.27 Million | 587.35% |
| Total Equity | Skr15.88 Million | 100.00% |
Qiiwi Games AB (publ) Competitors by Market Cap
The table below lists competitors of Qiiwi Games AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fidelity Asian Values
LSE:FAS
|
$4.28 Million |
|
Comprehensive Healthcare Systems Inc
V:CHS
|
$4.28 Million |
|
Traka Resources Ltd
AU:TKL
|
$4.28 Million |
|
CQS New City High Yield Fund
LSE:NCYF
|
$4.29 Million |
|
Ecora Resources PLC
LSE:ECOR
|
$4.28 Million |
|
Brüder Mannesmann Aktiengesellschaft
F:BMM
|
$4.28 Million |
|
Corazon Mining Ltd
AU:CZN
|
$4.27 Million |
|
Invibes Advertising NV
PA:ALINV
|
$4.27 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Qiiwi Games AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 23,978,000 to 15,879,000, a change of -8,099,000 (-33.8%).
- Net loss of 7,923,000 reduced equity.
- Other comprehensive income decreased equity by 8,099,000.
- Other factors increased equity by 7,923,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-7.92 Million | -49.9% |
| Other Comprehensive Income | Skr-8.10 Million | -51.0% |
| Other Changes | Skr7.92 Million | +49.9% |
| Total Change | Skr- | -33.78% |
Book Value vs Market Value Analysis
This analysis compares Qiiwi Games AB (publ)'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: 2.49x
- 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 4.70x to 2.49x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | Skr0.91 | Skr4.30 | x |
| 2014-12-31 | Skr0.61 | Skr4.30 | x |
| 2015-12-31 | Skr0.27 | Skr4.30 | x |
| 2016-12-31 | Skr0.58 | Skr4.30 | x |
| 2017-12-31 | Skr1.87 | Skr4.30 | x |
| 2018-12-31 | Skr1.92 | Skr4.30 | x |
| 2019-12-31 | Skr1.85 | Skr4.30 | x |
| 2020-12-31 | Skr2.25 | Skr4.30 | x |
| 2021-12-31 | Skr7.74 | Skr4.30 | x |
| 2022-12-31 | Skr6.39 | Skr4.30 | x |
| 2023-12-31 | Skr3.34 | Skr4.30 | x |
| 2024-12-31 | Skr2.59 | Skr4.30 | x |
| 2025-12-31 | Skr1.72 | Skr4.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Qiiwi Games AB (publ) 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): -49.90%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -51.88%
- • Asset Turnover: 0.88x
- • Equity Multiplier: 1.10x
- Recent ROE (-49.90%) is below the historical average (-30.42%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 43.40% | 44.32% | 0.90x | 1.09x | Skr2.25 Million |
| 2014 | -15.59% | -18.59% | 0.75x | 1.12x | Skr-1.16 Million |
| 2015 | -128.85% | -134.64% | 0.78x | 1.22x | Skr-2.74 Million |
| 2016 | -43.78% | -51.11% | 0.76x | 1.12x | Skr-2.29 Million |
| 2017 | -20.18% | -28.28% | 0.67x | 1.07x | Skr-4.15 Million |
| 2018 | -33.82% | -29.71% | 1.01x | 1.13x | Skr-6.92 Million |
| 2019 | -2.78% | -1.92% | 1.19x | 1.21x | Skr-1.95 Million |
| 2020 | 17.53% | 3.12% | 3.09x | 1.82x | Skr1.39 Million |
| 2021 | -15.18% | -17.25% | 0.80x | 1.10x | Skr-18.03 Million |
| 2022 | -26.28% | -45.16% | 0.56x | 1.04x | Skr-21.43 Million |
| 2023 | -90.77% | -108.75% | 0.73x | 1.15x | Skr-31.13 Million |
| 2024 | -29.31% | -35.39% | 0.76x | 1.09x | Skr-9.43 Million |
| 2025 | -49.90% | -51.88% | 0.88x | 1.10x | Skr-9.51 Million |
Industry Comparison
This section compares Qiiwi Games AB (publ)'s net assets metrics with peer companies in the Electronic Gaming & Multimedia industry.
Industry Context
- Industry: Electronic Gaming & Multimedia
- Average net assets among peers: $1,431,613,416
- Average return on equity (ROE) among peers: 1.32%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Qiiwi Games AB (publ) (QIIWI) | Skr14.95 Million | 43.40% | 0.17x | $4.28 Million |
| Enad Global 7 AB (EG7) | $3.14 Billion | -4.73% | 0.46x | $133.49 Million |
| Embracer Group AB (publ) (EMBRAC-B) | $84.20 Million | 60.81% | 1.08x | $2.11 Billion |
| Flexion Mobile PLC (FLEXM) | $12.43 Million | -1.14% | 0.51x | $17.26 Million |
| Fragbite Group AB (FRAG) | $203.25 Million | -24.79% | 0.50x | $5.09 Million |
| Fsport AB (FSPORT) | $28.96 Million | -7.76% | 0.05x | $1.23 Million |
| G5 Entertainment publ AB (G5EN) | $457.04 Million | 6.57% | 0.19x | $52.37 Million |
| GiG Software PLC (GIG-SDB) | $88.08 Million | -25.83% | 1.16x | $54.63 Million |
| LL Lucky Games publ AB (LADYLU) | $45.79 Million | 11.26% | 0.77x | $14.78 Million |
| MAG Interactive AB (publ) (MAGI) | $335.99 Million | 3.36% | 0.37x | $26.23 Million |
| Modern Times Group Mtg AB (MTG-A) | $9.92 Billion | -4.59% | 0.76x | $5.10 Million |
About Qiiwi Games AB (publ)
Qiiwi Games AB (publ) develops mobile games in Sweden. It sells its products through mobile platforms, such as Store, GooglePlay, Facebook, and Amazon. The company was formerly known as WeAreQiiwi Interactive AB and changed its name to Qiiwi Games AB (publ) in June 2020. Qiiwi Games AB (publ) was incorporated in 2005 and is headquartered in Alingsås, Sweden.