Seamless Distribution Systems AB (SDS) - Net Assets
Based on the latest financial reports, Seamless Distribution Systems AB (SDS) has net assets worth Skr52.25 Million SEK (≈ $5.62 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr391.85 Million ≈ $42.17 Million USD) and total liabilities (Skr339.60 Million ≈ $36.55 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 Seamless Distribution Systems AB (SDS) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr52.25 Million |
| % of Total Assets | 13.33% |
| Annual Growth Rate | 59.79% |
| 5-Year Change | 315.81% |
| 10-Year Change | N/A |
| Growth Volatility | 163.64 |
Seamless Distribution Systems AB - Net Assets Trend (2015–2024)
This chart illustrates how Seamless Distribution Systems AB's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Seamless Distribution Systems AB market capitalisation.
Annual Net Assets for Seamless Distribution Systems AB (2015–2024)
The table below shows the annual net assets of Seamless Distribution Systems AB from 2015 to 2024. Also explore how fast is Seamless Distribution Systems AB growing its equity to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr115.47 Million ≈ $12.43 Million |
+40.34% |
| 2022-12-31 | Skr82.28 Million ≈ $8.85 Million |
-36.04% |
| 2021-12-31 | Skr128.65 Million ≈ $13.84 Million |
+57.44% |
| 2020-12-31 | Skr81.71 Million ≈ $8.79 Million |
+194.25% |
| 2019-12-31 | Skr27.77 Million ≈ $2.99 Million |
+16.89% |
| 2018-12-31 | Skr23.76 Million ≈ $2.56 Million |
+45.39% |
| 2017-12-31 | Skr16.34 Million ≈ $1.76 Million |
+513.13% |
| 2016-12-31 | Skr2.67 Million ≈ $286.80K |
+56.86% |
| 2015-12-31 | Skr1.70 Million ≈ $182.84K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Seamless Distribution Systems 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Skr115.47 Million | 100.00% |
| Total Equity | Skr115.47 Million | 100.00% |
Seamless Distribution Systems AB Competitors by Market Cap
The table below lists competitors of Seamless Distribution Systems AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jet Freight Logistics Limited
NSE:JETFREIGHT
|
$9.99 Million |
|
Inventure Growth & Securities Limited
NSE:INVENTURE
|
$9.99 Million |
|
East Asia Holdings Investment Limited
KQ:900110
|
$10.00 Million |
|
Merchant House International Ltd
AU:MHI
|
$10.00 Million |
|
Minrex Resources Ltd
AU:MRR
|
$9.98 Million |
|
Alzinova AB
ST:ALZ
|
$9.98 Million |
|
SACCHERIA F.LLI FRANCES.
F:YV1
|
$9.98 Million |
|
Tarjar Xairo Socimi SA
MC:YTAR
|
$9.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Seamless Distribution Systems AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2022 to 2024, total equity changed from 82,278,000 to 115,467,000, a change of 33,189,000 (40.3%).
- Net loss of 11,816,000 reduced equity.
- Other factors increased equity by 45,005,000.
Equity Change Factors (2022 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-11.82 Million | -10.23% |
| Other Changes | Skr45.01 Million | +38.98% |
| Total Change | Skr- | 40.34% |
Book Value vs Market Value Analysis
This analysis compares Seamless Distribution Systems 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: 0.99x
- 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 1.13x to 0.99x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Skr5.33 | Skr6.00 | x |
| 2017-12-31 | Skr2.56 | Skr6.00 | x |
| 2018-12-31 | Skr3.24 | Skr6.00 | x |
| 2019-12-31 | Skr3.61 | Skr6.00 | x |
| 2020-12-31 | Skr9.80 | Skr6.00 | x |
| 2021-12-31 | Skr13.31 | Skr6.00 | x |
| 2022-12-31 | Skr7.97 | Skr6.00 | x |
| 2024-12-31 | Skr6.07 | Skr6.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Seamless Distribution Systems 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): -10.23%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -5.22%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 3.74x
- Recent ROE (-10.23%) is below the historical average (109.98%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 941.69% | 26.02% | 0.95x | 38.12x | Skr24.83 Million |
| 2017 | -10.63% | -2.46% | 1.07x | 4.03x | Skr-3.37 Million |
| 2018 | 1.73% | 0.47% | 0.96x | 3.85x | Skr-1.96 Million |
| 2019 | 28.91% | 3.27% | 1.18x | 7.49x | Skr5.25 Million |
| 2020 | 15.32% | 4.23% | 1.34x | 2.69x | Skr4.35 Million |
| 2021 | 4.68% | 2.09% | 0.72x | 3.09x | Skr-6.84 Million |
| 2022 | -91.66% | -30.73% | 0.63x | 4.71x | Skr-83.64 Million |
| 2024 | -10.23% | -5.22% | 0.52x | 3.74x | Skr-23.36 Million |
Industry Comparison
This section compares Seamless Distribution Systems AB's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $86,595,294
- Average return on equity (ROE) among peers: -98.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seamless Distribution Systems AB (SDS) | Skr52.25 Million | 941.69% | 6.50x | $9.99 Million |
| 24SevenOffice Scandinavia AB (247) | $54.20 Million | -300.60% | 7.57x | $67.95 Million |
| eEducation Albert AB (ALBERT) | $45.42 Million | -137.73% | 1.84x | $12.52 Million |
| AppSpotr AB (APTR) | $2.70 Million | -110.77% | 0.33x | $28.96 Million |
| Better Collective (BETCO) | $435.27 Million | 9.15% | 1.15x | $756.81 Million |
| BIMobject AB (BIM) | $2.25 Million | -100.86% | 0.40x | $82.32 Million |
| Bambuser AB (BUSER) | $21.58 Million | -90.65% | 0.19x | $17.24 Million |
| CodeMill AB (CDMIL) | $56.88 Million | 19.23% | 0.61x | $20.08 Million |
| Crunchfish AB (CFISH) | $37.71 Million | -55.20% | 0.17x | $18.37 Million |
| ChargePanel AB (CHARGE) | $5.64 Million | -210.81% | 1.56x | $8.78 Million |
| Checkin.com Group AB (CHECK) | $204.29 Million | -3.68% | 0.20x | $7.35 Million |
About Seamless Distribution Systems AB
Seamless Distribution Systems AB (publ) provides software and services for digital sales and distribution to individuals through mobile operators worldwide. The company provides electronic topup, an electronic recharge system; voucher management system, a solution to handle the end-to-end lifecycle of recharge vouchers; mobile financial services for digital payment and money transfer; and micro c… Read more