Starbreeze AB (publ) (STAR-B) - Net Assets
Based on the latest financial reports, Starbreeze AB (publ) (STAR-B) has net assets worth Skr282.87 Million SEK (≈ $30.44 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 (Skr403.08 Million ≈ $43.38 Million USD) and total liabilities (Skr120.21 Million ≈ $12.94 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 STAR-B financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr282.87 Million |
| % of Total Assets | 70.18% |
| Annual Growth Rate | 22.47% |
| 5-Year Change | 208.73% |
| 10-Year Change | 77.08% |
| Growth Volatility | 831.57 |
Starbreeze AB (publ) - Net Assets Trend (2004–2024)
This chart illustrates how Starbreeze AB (publ)'s net assets have evolved over time, based on quarterly financial data. Also explore total assets of Starbreeze AB (publ) for the complete picture of this company's asset base.
Annual Net Assets for Starbreeze AB (publ) (2004–2024)
The table below shows the annual net assets of Starbreeze AB (publ) from 2004 to 2024. For live valuation and market cap data, see market cap of Starbreeze AB (publ).
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr705.44 Million ≈ $75.92 Million |
-21.15% |
| 2023-12-31 | Skr894.65 Million ≈ $96.28 Million |
+1475.48% |
| 2022-12-31 | Skr56.79 Million ≈ $6.11 Million |
-53.76% |
| 2021-12-31 | Skr122.82 Million ≈ $13.22 Million |
-46.25% |
| 2020-12-31 | Skr228.50 Million ≈ $24.59 Million |
+3610.59% |
| 2019-12-31 | Skr6.16 Million ≈ $662.70K |
-98.18% |
| 2018-12-31 | Skr339.01 Million ≈ $36.48 Million |
-73.56% |
| 2017-12-31 | Skr1.28 Billion ≈ $138.01 Million |
-6.41% |
| 2016-12-31 | Skr1.37 Billion ≈ $147.46 Million |
+243.96% |
| 2015-12-31 | Skr398.37 Million ≈ $42.87 Million |
+57.09% |
| 2014-12-31 | Skr253.59 Million ≈ $27.29 Million |
+60.24% |
| 2013-12-31 | Skr158.25 Million ≈ $17.03 Million |
+311.17% |
| 2012-12-31 | Skr38.49 Million ≈ $4.14 Million |
+4.12% |
| 2011-12-31 | Skr36.97 Million ≈ $3.98 Million |
+17.27% |
| 2010-12-31 | Skr31.52 Million ≈ $3.39 Million |
-3.66% |
| 2009-12-31 | Skr32.72 Million ≈ $3.52 Million |
-24.25% |
| 2008-12-31 | Skr43.20 Million ≈ $4.65 Million |
+40.06% |
| 2007-12-31 | Skr30.84 Million ≈ $3.32 Million |
+16.55% |
| 2006-12-31 | Skr26.47 Million ≈ $2.85 Million |
-5.88% |
| 2005-12-31 | Skr28.12 Million ≈ $3.03 Million |
+129.72% |
| 2004-12-31 | Skr12.24 Million ≈ $1.32 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Starbreeze 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 193611800000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr29.54 Million | 4.19% |
| Other Comprehensive Income | Skr24.23 Million | 3.43% |
| Other Components | Skr2.59 Billion | 367.62% |
| Total Equity | Skr705.44 Million | 100.00% |
Starbreeze AB (publ) Competitors by Market Cap
The table below lists competitors of Starbreeze AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mhethanol Co. Ltd.
KO:023150
|
$19.54 Million |
|
ZOONO Group Ltd
AU:ZNO
|
$19.54 Million |
|
Taiwan Thick-Film Ind
TWO:6246
|
$19.56 Million |
|
Karsu Tekstil Sanayi ve Ticaret AS
IS:KRTEK
|
$19.56 Million |
|
Big Tree Cloud Holdings Limited Ordinary Shares
NASDAQ:DSY
|
$19.52 Million |
|
Oxford Instruments PLC
LSE:OXIG
|
$19.51 Million |
|
Cordoba Minerals Corp
V:CDB
|
$19.51 Million |
|
RENN Fund Inc
NYSE MKT:RCG
|
$19.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Starbreeze AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 894,652,000 to 705,443,000, a change of -189,209,000 (-21.1%).
- Net loss of 317,847,000 reduced equity.
- Other comprehensive income increased equity by 10,078,000.
- Other factors increased equity by 118,560,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-317.85 Million | -45.06% |
| Other Comprehensive Income | Skr10.08 Million | +1.43% |
| Other Changes | Skr118.56 Million | +16.81% |
| Total Change | Skr- | -21.15% |
Book Value vs Market Value Analysis
This analysis compares Starbreeze 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: 0.26x
- 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 0.61x to 0.26x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | Skr0.20 | Skr0.12 | x |
| 2005-12-31 | Skr0.44 | Skr0.12 | x |
| 2006-12-31 | Skr0.39 | Skr0.12 | x |
| 2007-12-31 | Skr0.46 | Skr0.12 | x |
| 2008-12-31 | Skr0.64 | Skr0.12 | x |
| 2009-12-31 | Skr0.48 | Skr0.12 | x |
| 2010-12-31 | Skr0.29 | Skr0.12 | x |
| 2011-12-31 | Skr0.26 | Skr0.12 | x |
| 2012-12-31 | Skr0.15 | Skr0.12 | x |
| 2013-12-31 | Skr0.62 | Skr0.12 | x |
| 2014-12-31 | Skr0.62 | Skr0.12 | x |
| 2015-12-31 | Skr0.94 | Skr0.12 | x |
| 2016-12-31 | Skr2.95 | Skr0.12 | x |
| 2017-12-31 | Skr2.58 | Skr0.12 | x |
| 2018-12-31 | Skr0.60 | Skr0.12 | x |
| 2019-12-31 | Skr0.01 | Skr0.12 | x |
| 2020-12-31 | Skr0.39 | Skr0.12 | x |
| 2021-12-31 | Skr0.14 | Skr0.12 | x |
| 2022-12-31 | Skr0.06 | Skr0.12 | x |
| 2023-12-31 | Skr0.82 | Skr0.12 | x |
| 2024-12-31 | Skr0.48 | Skr0.12 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Starbreeze 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): -45.06%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -171.02%
- • Asset Turnover: 0.22x
- • Equity Multiplier: 1.18x
- Recent ROE (-45.06%) is above the historical average (-344.12%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | -10.02% | -3.81% | 1.26x | 2.09x | Skr-2.45 Million |
| 2005 | 13.27% | 8.18% | 1.02x | 1.59x | Skr918.20K |
| 2006 | -6.24% | -3.95% | 0.90x | 1.75x | Skr-4.30 Million |
| 2007 | 14.20% | 7.07% | 0.88x | 2.27x | Skr1.29 Million |
| 2008 | 28.60% | 14.14% | 0.92x | 2.21x | Skr8.04 Million |
| 2009 | -32.02% | -12.73% | 0.70x | 3.60x | Skr-13.75 Million |
| 2010 | -79.07% | -42.73% | 1.22x | 1.52x | Skr-28.08 Million |
| 2011 | -70.39% | -99.50% | 0.48x | 1.48x | Skr-29.72 Million |
| 2012 | 2.14% | 2.22% | 0.65x | 1.49x | Skr-3.03 Million |
| 2013 | 74.88% | 55.42% | 0.93x | 1.46x | Skr102.68 Million |
| 2014 | 13.47% | 17.31% | 0.53x | 1.46x | Skr8.79 Million |
| 2015 | 10.95% | 22.06% | 0.35x | 1.43x | Skr3.77 Million |
| 2016 | 4.17% | 16.53% | 0.16x | 1.57x | Skr-79.93 Million |
| 2017 | -12.12% | -42.97% | 0.15x | 1.92x | Skr-283.54 Million |
| 2018 | -396.47% | -381.87% | 0.32x | 3.21x | Skr-1.37 Billion |
| 2019 | -6513.46% | -143.25% | 0.47x | 96.13x | Skr-401.71 Million |
| 2020 | -57.02% | -110.40% | 0.17x | 3.10x | Skr-153.13 Million |
| 2021 | -84.25% | -82.32% | 0.19x | 5.49x | Skr-115.75 Million |
| 2022 | -105.32% | -46.87% | 0.17x | 13.14x | Skr-65.49 Million |
| 2023 | 23.21% | 32.77% | 0.57x | 1.24x | Skr118.17 Million |
| 2024 | -45.06% | -171.02% | 0.22x | 1.18x | Skr-388.39 Million |
Industry Comparison
This section compares Starbreeze 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: $2,937,623,795
- Average return on equity (ROE) among peers: -272.62%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Starbreeze AB (publ) (STAR-B) | Skr282.87 Million | -10.02% | 0.42x | $19.52 Million |
| Enad Global 7 AB (EG7) | $2.64 Million | 16.53% | 1.35x | $159.05 Million |
| Embracer Group AB (publ) (EMBRAC-B) | $27.17 Billion | 1.06% | 0.24x | $1.45 Billion |
| Flexion Mobile PLC (FLEXM) | $2.21 Million | -28.92% | 0.41x | $17.69 Million |
| Fragbite Group AB (FRAG) | $80.89 Million | -159.45% | 1.39x | $5.56 Million |
| Fsport AB (FSPORT) | $3.21 Million | -697.11% | 2.97x | $1.78 Million |
| G5 Entertainment publ AB (G5EN) | $104.36 Million | 6.53% | 0.41x | $47.35 Million |
| GiG Software PLC (GIG-SDB) | $20.92 Million | -309.23% | 5.46x | $35.93 Million |
| LL Lucky Games publ AB (LADYLU) | $1.34 Million | -1593.62% | 14.94x | $18.02 Million |
| MAG Interactive AB (publ) (MAGI) | $94.06 Million | 41.50% | 0.35x | $22.52 Million |
| Modern Times Group Mtg AB (MTG-A) | $1.90 Billion | -3.50% | 2.25x | $5.19 Million |
About Starbreeze AB (publ)
Starbreeze AB (publ) develops, publishes, and distributes PC and console games in Europe and North America. The company operates through Game Sales, 3rd Party Publishing, Licenses, and Other segments. It offers its games under the PAYDAY brand. The company was incorporated in 1998 and is headquartered in Stockholm, Sweden.