Resqunit AB
Resqunit AB (publ), through its subsidiary, Resqunit AS, operates as an ocean tech company in Sweden. The company engages in developing various equipment to disarm and retrieve lost fishing gears, such as Backup Buoy that gives the fisher a chance to locate the lost gear and remove it from the ocean, Escape Hatch, an electronically controlled hatch that ends ghost-fishing from traps and pots, and… Read more
Resqunit AB (RESQ) - Net Assets
Latest net assets as of December 2024: Skr194.31K SEK
Based on the latest financial reports, Resqunit AB (RESQ) has net assets worth Skr194.31K SEK as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr355.43K) and total liabilities (Skr161.12K). 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 | Skr194.31K |
| % of Total Assets | 54.67% |
| Annual Growth Rate | -73.75% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 152.64 |
Resqunit AB - Net Assets Trend (2021–2024)
This chart illustrates how Resqunit 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 Resqunit AB (2021–2024)
The table below shows the annual net assets of Resqunit AB from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr194.31K | +101.80% |
| 2023-12-31 | Skr-10.79 Million | -367.83% |
| 2022-12-31 | Skr4.03 Million | -62.55% |
| 2021-12-31 | Skr10.75 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Resqunit 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 303326600.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr701.75K | 220.79% |
| Other Components | Skr8.25 Million | 2594.17% |
| Total Equity | Skr317.84K | 100.00% |
Resqunit AB Competitors by Market Cap
The table below lists competitors of Resqunit AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
INTILAND DEV
MU:DIIA
|
$101.04 |
|
SINO-OCEAN LAND
MU:3SD
|
$101.05 |
|
Industrial Distribution Group Inc
PINK:IDGR
|
$101.17 |
|
Tenon Medical, Inc. Warrant
NASDAQ:TNONW
|
$101.28 |
|
Pardus Ventures Inc.
V:PDVN-P
|
$100.82 |
|
Pennexx Foods Inc
PINK:PNNX
|
$100.75 |
|
Bluefield Solar Income Fund
LSE:BSIF
|
$100.72 |
|
BlockQuarry Corp
PINK:BLQC
|
$100.16 |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Resqunit AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -10,663,190 to 317,836, a change of 10,981,026.
- Net loss of 5,733,761 reduced equity.
- Other comprehensive income decreased equity by 7,557,308.
- Other factors increased equity by 24,272,095.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-5.73 Million | -1804.0% |
| Other Comprehensive Income | Skr-7.56 Million | -2377.74% |
| Other Changes | Skr24.27 Million | +7636.67% |
| Total Change | Skr- | % |
Book Value vs Market Value Analysis
This analysis compares Resqunit 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: 4.67x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has increased from 0.15x to 4.67x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | Skr0.76 | Skr0.12 | x |
| 2022-12-31 | Skr0.38 | Skr0.12 | x |
| 2023-12-31 | Skr-0.92 | Skr0.12 | x |
| 2024-12-31 | Skr0.02 | Skr0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Resqunit 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): -1804.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1235.62%
- • Asset Turnover: 1.31x
- • Equity Multiplier: 1.12x
- Recent ROE (-1804.00%) is below the historical average (-518.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | -38.38% | 0.00% | 0.00x | 1.83x | Skr-3.90 Million |
| 2022 | -233.29% | -2802.47% | 0.02x | 3.98x | Skr-9.95 Million |
| 2023 | 0.00% | -1355.17% | 0.55x | 0.00x | Skr-17.69 Million |
| 2024 | -1804.00% | -1235.62% | 1.31x | 1.12x | Skr-5.77 Million |
Industry Comparison
This section compares Resqunit AB's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $953,778,200
- Average return on equity (ROE) among peers: -7.67%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Resqunit AB (RESQ) | Skr194.31K | -38.38% | 0.83x | $100.99 |
| Absolent Group AB (ABSO) | $165.36 Million | 34.56% | 0.38x | $59.39 Million |
| Bawat Water Technologies AB (BAWAT) | $-20.22 Million | 0.00% | 0.00x | $4.45 Million |
| Munters Group AB (MTRS) | $4.36 Billion | 11.76% | 1.46x | $2.64 Billion |
| Qleanair Holding AB (QAIR) | $201.72 Million | -0.71% | 2.13x | $25.46 Million |
| Saxlund Group AB (SAXG) | $59.03 Million | -83.96% | 4.04x | $2.08 Million |