Serstech AB (SERT) - Net Assets

Latest as of September 2025: Skr57.80 Million SEK ≈ $6.22 Million USD

Based on the latest financial reports, Serstech AB (SERT) has net assets worth Skr57.80 Million SEK (≈ $6.22 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 (Skr66.32 Million ≈ $7.14 Million USD) and total liabilities (Skr8.52 Million ≈ $916.57K 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 Serstech AB asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Skr57.80 Million
% of Total Assets 87.16%
Annual Growth Rate 38.11%
5-Year Change 74.5%
10-Year Change 222.35%
Growth Volatility 287.55

Serstech AB - Net Assets Trend (2008–2024)

This chart illustrates how Serstech AB's net assets have evolved over time, based on quarterly financial data. Also explore how large is Serstech AB's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for Serstech AB (2008–2024)

The table below shows the annual net assets of Serstech AB from 2008 to 2024. For live valuation and market cap data, see SERT company net worth.

Year Net Assets Change
2024-12-31 Skr76.56 Million
≈ $8.24 Million
+59.58%
2023-12-31 Skr47.97 Million
≈ $5.16 Million
+80.24%
2022-12-31 Skr26.62 Million
≈ $2.86 Million
-52.56%
2021-12-31 Skr56.11 Million
≈ $6.04 Million
+27.89%
2020-12-31 Skr43.87 Million
≈ $4.72 Million
-12.91%
2019-12-31 Skr50.38 Million
≈ $5.42 Million
+19.07%
2018-12-31 Skr42.31 Million
≈ $4.55 Million
+22.93%
2017-12-31 Skr34.42 Million
≈ $3.70 Million
-6.89%
2016-12-31 Skr36.96 Million
≈ $3.98 Million
+55.65%
2015-12-31 Skr23.75 Million
≈ $2.56 Million
+70.65%
2014-12-31 Skr13.92 Million
≈ $1.50 Million
-11.81%
2013-12-31 Skr15.78 Million
≈ $1.70 Million
+115.48%
2012-12-31 Skr7.32 Million
≈ $788.11K
+68.32%
2011-12-31 Skr4.35 Million
≈ $468.24K
+39.23%
2010-12-31 Skr3.12 Million
≈ $336.30K
+1202.08%
2009-12-31 Skr240.00K
≈ $25.83K
-45.08%
2008-12-31 Skr437.00K
≈ $47.03K
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Equity Component Analysis

This analysis shows how different components contribute to Serstech 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 8773700000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component Amount Percentage
Common Stock Skr7.38 Million 9.64%
Other Comprehensive Income Skr-299.00K -0.39%
Other Components Skr157.21 Million 205.35%
Total Equity Skr76.56 Million 100.00%

Serstech AB Competitors by Market Cap

The table below lists competitors of Serstech AB ranked by their market capitalization.

Company Market Cap
Rcm Beteiligungs AG
F:RCMN
$15.33 Million
Labo Print SA
WAR:LAB
$15.34 Million
Raspberry Pi Holdings PLC
LSE:RPI
$15.35 Million
SPAR Group Inc
NASDAQ:SGRP
$15.35 Million
Paranapanema S.A
SA:PMAM3
$15.32 Million
Chai Watana Tannery Group Public Company Limited
BK:CWT
$15.32 Million
Honkarakenne Oyj B
HE:HONBS
$15.31 Million
PUC Bhd
KLSE:0007
$15.31 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Serstech AB's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2023 to 2024, total equity changed from 47,972,000 to 76,556,000, a change of 28,584,000 (59.6%).
  • Net loss of 9,131,000 reduced equity.
  • Other comprehensive income increased equity by 33,000.
  • Other factors increased equity by 37,682,000.

Equity Change Factors (2023 to 2024)

Factor Impact Contribution
Net Income Skr-9.13 Million -11.93%
Other Comprehensive Income Skr33.00K +0.04%
Other Changes Skr37.68 Million +49.22%
Total Change Skr- 59.58%

Book Value vs Market Value Analysis

This analysis compares Serstech 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: 1.67x
  • 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 1.95x to 1.67x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-12-31 Skr0.29 Skr0.56 x
2013-12-31 Skr0.62 Skr0.56 x
2014-12-31 Skr0.51 Skr0.56 x
2015-12-31 Skr0.69 Skr0.56 x
2016-12-31 Skr0.60 Skr0.56 x
2017-12-31 Skr0.56 Skr0.56 x
2018-12-31 Skr0.51 Skr0.56 x
2019-12-31 Skr0.61 Skr0.56 x
2020-12-31 Skr0.50 Skr0.56 x
2021-12-31 Skr0.60 Skr0.56 x
2022-12-31 Skr0.32 Skr0.56 x
2023-12-31 Skr0.33 Skr0.56 x
2024-12-31 Skr0.34 Skr0.56 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Serstech 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): -11.93%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -17.47%
  • • Asset Turnover: 0.55x
  • • Equity Multiplier: 1.24x
  • Recent ROE (-11.93%) is above the historical average (-28.39%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 -11.46% -92.09% 0.10x 1.23x Skr-1.57 Million
2013 -22.45% -721.46% 0.03x 1.13x Skr-5.12 Million
2014 -60.37% -742.34% 0.06x 1.43x Skr-9.79 Million
2015 -34.18% -300.52% 0.08x 1.48x Skr-10.49 Million
2016 -17.36% -36.68% 0.35x 1.34x Skr-10.11 Million
2017 -7.40% -15.16% 0.34x 1.45x Skr-5.99 Million
2018 -29.14% -116.46% 0.22x 1.14x Skr-16.56 Million
2019 -31.52% -84.71% 0.30x 1.23x Skr-20.92 Million
2020 -15.34% -32.85% 0.36x 1.28x Skr-11.12 Million
2021 -18.27% -54.97% 0.28x 1.19x Skr-15.86 Million
2022 -111.08% -172.78% 0.33x 1.97x Skr-32.23 Million
2023 1.49% 1.14% 1.05x 1.24x Skr-4.08 Million
2024 -11.93% -17.47% 0.55x 1.24x Skr-16.79 Million

Industry Comparison

This section compares Serstech AB's net assets metrics with peer companies in the Chemicals industry.

Industry Context

  • Industry: Chemicals
  • Average net assets among peers: $21,564,945
  • Average return on equity (ROE) among peers: -33.08%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Serstech AB (SERT) Skr57.80 Million -11.46% 0.15x $15.33 Million
XP Chemistries AB (XPC) $21.56 Million -33.08% 0.05x $3.54 Million

About Serstech AB

ST:SERT Sweden Chemicals
Market Cap
$15.33 Million
Skr142.42 Million SEK
Market Cap Rank
#25784 Global
#538 in Sweden
Share Price
Skr0.56
Change (1 day)
+10.24%
52-Week Range
Skr0.35 - Skr0.82
All Time High
Skr4.86
About

Serstech AB develops and sells optical instruments and software for chemical identification worldwide. The company offers the Serstech 100 Indicator, a handheld, small, and light Raman spectrometer for measuring chemicals, such as explosives, narcotics, toxic industrial chemicals, pharmaceuticals, and chemical warfare agents; and ChemDash, a central management software for Serstech devices. It al… Read more