Stillfront Group AB (publ) (SF) - Net Assets
Based on the latest financial reports, Stillfront Group AB (publ) (SF) has net assets worth Skr4.12 Billion SEK (≈ $443.81 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr11.16 Billion ≈ $1.20 Billion USD) and total liabilities (Skr7.04 Billion ≈ $757.51 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 SF tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr4.12 Billion |
| % of Total Assets | 36.94% |
| Annual Growth Rate | 44.46% |
| 5-Year Change | -59.31% |
| 10-Year Change | 2488.41% |
| Growth Volatility | 107.51 |
Stillfront Group AB (publ) - Net Assets Trend (2012–2025)
This chart illustrates how Stillfront Group AB (publ)'s net assets have evolved over time, based on quarterly financial data. See Stillfront Group AB (publ) defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Stillfront Group AB (publ) (2012–2025)
The table below shows the annual net assets of Stillfront Group AB (publ) from 2012 to 2025. For live valuation and market cap data, see Stillfront Group AB (publ) market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr3.99 Billion ≈ $428.96 Million |
-46.73% |
| 2024-12-31 | Skr7.48 Billion ≈ $805.29 Million |
-45.96% |
| 2023-12-31 | Skr13.85 Billion ≈ $1.49 Billion |
-2.79% |
| 2022-12-31 | Skr14.24 Billion ≈ $1.53 Billion |
+45.41% |
| 2021-12-31 | Skr9.79 Billion ≈ $1.05 Billion |
+59.37% |
| 2020-12-31 | Skr6.15 Billion ≈ $661.41 Million |
+213.57% |
| 2019-12-31 | Skr1.96 Billion ≈ $210.93 Million |
+78.83% |
| 2018-12-31 | Skr1.10 Billion ≈ $117.95 Million |
+308.89% |
| 2017-12-31 | Skr268.04 Million ≈ $28.85 Million |
+74.06% |
| 2016-12-31 | Skr153.99 Million ≈ $16.57 Million |
+93.66% |
| 2015-12-31 | Skr79.52 Million ≈ $8.56 Million |
+227.23% |
| 2014-12-31 | Skr24.30 Million ≈ $2.62 Million |
-44.90% |
| 2013-12-31 | Skr44.10 Million ≈ $4.75 Million |
+32.04% |
| 2012-12-31 | Skr33.40 Million ≈ $3.59 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Stillfront Group 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 decreased by 704190000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr36.00 Million | 0.90% |
| Other Comprehensive Income | Skr998.00 Million | 25.03% |
| Other Components | Skr10.05 Billion | 251.97% |
| Total Equity | Skr3.99 Billion | 100.00% |
Stillfront Group AB (publ) Competitors by Market Cap
The table below lists competitors of Stillfront Group AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Síminn hf
IC:SIMINN
|
$227.80 Million |
|
Sociedad Comercial del Plata S.A.
BA:COME
|
$227.83 Million |
|
National Bankshares Inc
NASDAQ:NKSH
|
$227.86 Million |
|
Live Oak Acquisition Corp. V Class A Ordinary Shares
NASDAQ:LOKV
|
$227.93 Million |
|
Brogent Technologies
TWO:5263
|
$227.71 Million |
|
Treace Medical Concepts Inc
NASDAQ:TMCI
|
$227.70 Million |
|
NXG NextGen Infrastructure Income Fund
NYSE:NXG
|
$227.70 Million |
|
Anhui Provincial Architectural Design and Research Institute Co.Ltd.
SHE:301167
|
$227.64 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Stillfront Group AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,483,000,000 to 3,987,000,000, a change of -3,496,000,000 (-46.7%).
- Net loss of 2,398,000,000 reduced equity.
- Share repurchases of 248,000,000 reduced equity.
- Other comprehensive income decreased equity by 1,080,000,000.
- Other factors increased equity by 230,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-2.40 Billion | -60.15% |
| Share Repurchases | Skr248.00 Million | -6.22% |
| Other Comprehensive Income | Skr-1.08 Billion | -27.09% |
| Other Changes | Skr230.00 Million | +5.77% |
| Total Change | Skr- | -46.72% |
Book Value vs Market Value Analysis
This analysis compares Stillfront Group 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: 0.56x
- 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 4.60x to 0.56x 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 | Skr0.96 | Skr4.42 | x |
| 2013-12-31 | Skr1.19 | Skr4.42 | x |
| 2014-12-31 | Skr0.70 | Skr4.42 | x |
| 2015-12-31 | Skr1.65 | Skr4.42 | x |
| 2016-12-31 | Skr2.21 | Skr4.42 | x |
| 2017-12-31 | Skr1.31 | Skr4.42 | x |
| 2018-12-31 | Skr4.11 | Skr4.42 | x |
| 2019-12-31 | Skr6.81 | Skr4.42 | x |
| 2020-12-31 | Skr16.73 | Skr4.42 | x |
| 2021-12-31 | Skr23.66 | Skr4.42 | x |
| 2022-12-31 | Skr29.42 | Skr4.42 | x |
| 2023-12-31 | Skr27.02 | Skr4.42 | x |
| 2024-12-31 | Skr14.61 | Skr4.42 | x |
| 2025-12-31 | Skr7.90 | Skr4.42 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Stillfront Group 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): -60.15%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -42.00%
- • Asset Turnover: 0.52x
- • Equity Multiplier: 2.76x
- Recent ROE (-60.15%) is below the historical average (-26.83%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -152.99% | -287.08% | 0.41x | 1.29x | Skr-54.44 Million |
| 2013 | -45.15% | -89.42% | 0.41x | 1.23x | Skr-22.72 Million |
| 2014 | -107.69% | -76.77% | 1.01x | 1.38x | Skr-26.01 Million |
| 2015 | -9.72% | -13.00% | 0.62x | 1.22x | Skr-15.04 Million |
| 2016 | 11.48% | 16.25% | 0.29x | 2.40x | Skr1.98 Million |
| 2017 | 35.90% | 53.69% | 0.32x | 2.07x | Skr64.30 Million |
| 2018 | 14.43% | 11.77% | 0.51x | 2.40x | Skr47.90 Million |
| 2019 | 17.40% | 17.18% | 0.49x | 2.09x | Skr143.80 Million |
| 2020 | 9.46% | 14.53% | 0.32x | 2.02x | Skr-32.90 Million |
| 2021 | 6.04% | 10.82% | 0.27x | 2.05x | Skr-387.20 Million |
| 2022 | 3.93% | 7.92% | 0.29x | 1.69x | Skr-864.70 Million |
| 2023 | 0.05% | 0.10% | 0.31x | 1.63x | Skr-1.38 Billion |
| 2024 | -98.60% | -109.51% | 0.41x | 2.19x | Skr-8.13 Billion |
| 2025 | -60.15% | -42.00% | 0.52x | 2.76x | Skr-2.80 Billion |
Industry Comparison
This section compares Stillfront Group 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: $1,007,689,771
- Average return on equity (ROE) among peers: -221.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Stillfront Group AB (publ) (SF) | Skr4.12 Billion | -152.99% | 1.71x | $227.76 Million |
| Enad Global 7 AB (EG7) | $3.14 Billion | -4.73% | 0.46x | $165.91 Million |
| Embracer Group AB (publ) (EMBRAC-B) | $6.12 Million | -6.03% | 15.91x | $1.43 Billion |
| Flexion Mobile PLC (FLEXM) | $2.54 Million | -110.70% | 1.19x | $17.99 Million |
| Fragbite Group AB (FRAG) | $203.25 Million | -24.79% | 0.50x | $4.22 Million |
| Fsport AB (FSPORT) | $3.21 Million | -697.11% | 2.97x | $4.87 Million |
| G5 Entertainment publ AB (G5EN) | $347.49 Million | 37.07% | 0.54x | $53.91 Million |
| GiG Software PLC (GIG-SDB) | $20.92 Million | -309.23% | 5.46x | $38.38 Million |
| LL Lucky Games publ AB (LADYLU) | $3.54 Million | -1182.54% | 5.91x | $17.77 Million |
| MAG Interactive AB (publ) (MAGI) | $113.42 Million | 25.84% | 0.29x | $20.24 Million |
| Modern Times Group Mtg AB (MTG-A) | $6.24 Billion | 56.76% | 1.24x | $5.44 Million |
About Stillfront Group AB (publ)
Stillfront Group AB (publ), together with its subsidiaries, designs, develops, markets, publishes, and sells digital games in Europe, North America, the Middle East and North Africa, and the Asia-Pacific. Its games portfolio include Supremacy 1914, Call of War: World War 2, Adult Coloring Book, Goodgame Empire, BitLife, Conflict of Nations: World War 3, Goodgame Big Farm, Sunshine Island Adventur… Read more