Serstech AB (SERT) - Net Assets
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 how tangible is Serstech AB's equity to evaluate the tangible quality of the company's equity base.
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. See Serstech AB defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
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 |
|---|---|
|
Kc Green Holdi
KO:009440
|
$11.75 Million |
|
Widad Group Bhd
KLSE:0162
|
$11.75 Million |
|
Fitters Diversified Bhd
KLSE:9318
|
$11.76 Million |
|
Neungyule Education Inc
KQ:053290
|
$11.76 Million |
|
Melewar Industrial Group Bhd
KLSE:3778
|
$11.73 Million |
|
NanoCMS Co. Ltd.
KQ:247660
|
$11.73 Million |
|
G.M. LEATHER S.P.A.
F:N78
|
$11.73 Million |
|
Eastern International Ltd.
NASDAQ:ELOG
|
$11.73 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: 1.28x
- 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 1.49x to 1.28x 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 | Skr0.43 | x |
| 2013-12-31 | Skr0.62 | Skr0.43 | x |
| 2014-12-31 | Skr0.51 | Skr0.43 | x |
| 2015-12-31 | Skr0.69 | Skr0.43 | x |
| 2016-12-31 | Skr0.60 | Skr0.43 | x |
| 2017-12-31 | Skr0.56 | Skr0.43 | x |
| 2018-12-31 | Skr0.51 | Skr0.43 | x |
| 2019-12-31 | Skr0.61 | Skr0.43 | x |
| 2020-12-31 | Skr0.50 | Skr0.43 | x |
| 2021-12-31 | Skr0.60 | Skr0.43 | x |
| 2022-12-31 | Skr0.32 | Skr0.43 | x |
| 2023-12-31 | Skr0.33 | Skr0.43 | x |
| 2024-12-31 | Skr0.34 | Skr0.43 | 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 | $11.74 Million |
| XP Chemistries AB (XPC) | $21.56 Million | -33.08% | 0.05x | $3.66 Million |
About Serstech AB
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