Strax AB
Strax AB (publ) designs, develops, manufactures, and sells mobile accessories worldwide. It offers a range of protection, power, and audio and connectivity products. The company provides its products under proprietary brands, such as Urbanista, Clckr, Richmond & Finch, Planet Buddies, Thor Glass, Xqisit, AVO+, grell, and Dottir, as well as under licensed brands comprising adidas, Bugatti, Diesel,… Read more
Strax AB (STRAX) - Net Assets
Latest net assets as of December 2024: Skr-16.01 Million SEK
Based on the latest financial reports, Strax AB (STRAX) has net assets worth Skr-16.01 Million SEK as of December 2024.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr30.00K) and total liabilities (Skr16.04 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr-16.01 Million |
| % of Total Assets | -53373.33% |
| Annual Growth Rate | N/A |
| 5-Year Change | -188.1% |
| 10-Year Change | -161.39% |
| Growth Volatility | 46.67 |
Strax AB - Net Assets Trend (1999–2024)
This chart illustrates how Strax AB's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Strax AB (1999–2024)
The table below shows the annual net assets of Strax AB from 1999 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr-16.01 Million | +77.70% |
| 2023-12-31 | Skr-71.80 Million | -1007.65% |
| 2022-12-31 | Skr-6.48 Million | -146.18% |
| 2021-12-31 | Skr14.04 Million | -22.77% |
| 2020-12-31 | Skr18.18 Million | -9.58% |
| 2019-12-31 | Skr20.10 Million | -41.34% |
| 2018-12-31 | Skr34.27 Million | +62.95% |
| 2017-12-31 | Skr21.03 Million | +16.08% |
| 2016-12-31 | Skr18.12 Million | -30.55% |
| 2015-12-31 | Skr26.08 Million | +19.53% |
| 2014-12-31 | Skr21.82 Million | -7.60% |
| 2013-12-31 | Skr23.61 Million | -27.69% |
| 2012-12-31 | Skr32.66 Million | -8.34% |
| 2011-12-31 | Skr35.63 Million | -4.41% |
| 2010-12-31 | Skr37.27 Million | +2.14% |
| 2009-12-31 | Skr36.49 Million | +20.75% |
| 2008-12-31 | Skr30.22 Million | -32.36% |
| 2007-12-31 | Skr44.68 Million | -33.31% |
| 2006-12-31 | Skr66.99 Million | -20.46% |
| 2005-12-31 | Skr84.23 Million | +81.00% |
| 2004-12-31 | Skr46.53 Million | +44.00% |
| 2003-12-31 | Skr32.31 Million | +31.65% |
| 2002-12-31 | Skr24.55 Million | -92.39% |
| 2001-12-31 | Skr322.64 Million | -28.07% |
| 2000-12-31 | Skr448.52 Million | -32.34% |
| 1999-12-31 | Skr662.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Strax 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 |
|---|---|---|
| Total Equity | Skr-16.01 Million | 100.00% |
Strax AB Competitors by Market Cap
The table below lists competitors of Strax AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Caledonia Investments
LSE:CLDN
|
$221.17K |
|
Sam-A Aluminium Co. Ltd.
KQ:006110
|
$221.22K |
|
RED LAKE GOLD INC.
F:P11A
|
$221.23K |
|
DET NORSKE OLJE
BE:ARC
|
$221.25K |
|
COMPUGROUP MEDICAL V
XETRA:COP0
|
$220.90K |
|
Marijuana Company Of America Inc
PINK:MCOA
|
$220.76K |
|
Nordea Invest Basis 3 KL 1
CO:NDIB3KL1
|
$220.75K |
|
Champion Gaming Group Inc.
PINK:WGRFF
|
$220.69K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Strax AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from -71,798,000 to -16,012,000, a change of 55,786,000.
- Net loss of 2,658,000 reduced equity.
- Other comprehensive income increased equity by 7,188,000.
- Other factors increased equity by 51,256,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-2.66 Million | -16.6% |
| Other Comprehensive Income | Skr7.19 Million | +44.89% |
| Other Changes | Skr51.26 Million | +320.11% |
| Total Change | Skr- | % |
Book Value vs Market Value Analysis
This analysis compares Strax 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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | Skr1.05 | Skr0.07 | x |
| 2003-12-31 | Skr1.30 | Skr0.07 | x |
| 2004-12-31 | Skr1.36 | Skr0.07 | x |
| 2005-12-31 | Skr2.26 | Skr0.07 | x |
| 2006-12-31 | Skr1.80 | Skr0.07 | x |
| 2007-12-31 | Skr1.20 | Skr0.07 | x |
| 2008-12-31 | Skr0.81 | Skr0.07 | x |
| 2009-12-31 | Skr0.98 | Skr0.07 | x |
| 2010-12-31 | Skr1.00 | Skr0.07 | x |
| 2011-12-31 | Skr0.96 | Skr0.07 | x |
| 2012-12-31 | Skr0.90 | Skr0.07 | x |
| 2013-12-31 | Skr0.65 | Skr0.07 | x |
| 2014-12-31 | Skr0.59 | Skr0.07 | x |
| 2015-12-31 | Skr0.24 | Skr0.07 | x |
| 2016-12-31 | Skr0.16 | Skr0.07 | x |
| 2017-12-31 | Skr0.18 | Skr0.07 | x |
| 2018-12-31 | Skr0.27 | Skr0.07 | x |
| 2019-12-31 | Skr0.16 | Skr0.07 | x |
| 2020-12-31 | Skr0.15 | Skr0.07 | x |
| 2021-12-31 | Skr0.11 | Skr0.07 | x |
| 2022-12-31 | Skr-0.05 | Skr0.07 | x |
| 2023-12-31 | Skr-0.60 | Skr0.07 | x |
| 2024-12-31 | Skr-0.13 | Skr0.07 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Strax 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -35.82%
- • Asset Turnover: 247.37x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-3.59%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1999 | 13.32% | 85.28% | 0.14x | 1.13x | Skr22.00 Million |
| 2002 | -108.17% | 0.00% | 0.00x | 1.02x | Skr-29.01 Million |
| 2003 | 6.88% | 14.02% | 0.44x | 1.11x | Skr-1.01 Million |
| 2004 | -10.89% | 0.00% | 0.00x | 1.08x | Skr-9.72 Million |
| 2005 | 27.87% | 19375.58% | 0.00x | 1.06x | Skr15.05 Million |
| 2006 | -18.92% | -373.34% | 0.04x | 1.20x | Skr-19.37 Million |
| 2007 | 1.11% | 28.19% | 0.03x | 1.14x | Skr-3.97 Million |
| 2008 | -27.40% | 0.00% | 0.00x | 1.21x | Skr-11.30 Million |
| 2009 | 11.49% | 72.91% | 0.13x | 1.17x | Skr544.96K |
| 2010 | -1.57% | -34.69% | 0.03x | 1.32x | Skr-4.31 Million |
| 2011 | -4.92% | -123.42% | 0.04x | 1.05x | Skr-5.31 Million |
| 2012 | -9.75% | -913.56% | 0.01x | 1.08x | Skr-6.45 Million |
| 2013 | -19.87% | -2398.73% | 0.01x | 1.05x | Skr-7.05 Million |
| 2014 | -1.52% | -125.06% | 0.01x | 1.06x | Skr-2.51 Million |
| 2015 | 14.09% | 1117.89% | 0.01x | 1.01x | Skr1.07 Million |
| 2016 | 17.44% | 3.49% | 1.44x | 3.47x | Skr1.35 Million |
| 2017 | 8.50% | 1.79% | 1.20x | 3.96x | Skr-315.80K |
| 2018 | 48.87% | 15.66% | 0.99x | 3.15x | Skr13.32 Million |
| 2019 | -8.63% | -1.53% | 1.11x | 5.11x | Skr-3.75 Million |
| 2020 | 3.68% | 0.60% | 1.13x | 5.45x | Skr-1.15 Million |
| 2021 | -27.77% | -3.15% | 1.08x | 8.15x | Skr-5.30 Million |
| 2022 | 0.00% | -10.37% | 1.05x | 0.00x | Skr-10.18 Million |
| 2023 | 0.00% | -220.82% | 1.56x | 0.00x | Skr-59.46 Million |
| 2024 | 0.00% | -35.82% | 247.37x | 0.00x | Skr-1.06 Million |
Industry Comparison
This section compares Strax AB's net assets metrics with peer companies in the Communication Equipment industry.
Industry Context
- Industry: Communication Equipment
- Average net assets among peers: $6,702,435,342
- Average return on equity (ROE) among peers: -10.76%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Strax AB (STRAX) | Skr-16.01 Million | 13.32% | N/A | $221.13K |
| Alcadon Group AB (ALCA) | $206.80 Million | 9.41% | 1.18x | $30.53 Million |
| DORO AB (DORO) | $30.00 Million | -38.33% | 4.67x | $86.67 Million |
| Ependion AB (EPEN) | $1.33 Billion | 11.86% | 1.07x | $190.13 Million |
| Telefonaktiebolaget LM Ericsson (publ) (ERIC-B) | $65.21 Billion | 20.01% | 1.57x | $26.76 Billion |
| Gapwaves AB Series B (GAPW-B) | $2.99 Million | -51.98% | 0.22x | $22.72 Million |
| Hitech & Development Wireless Sweden Holding AB (publ) (HDW-B) | $50.42 Million | -52.80% | 0.39x | $480.08K |
| InCoax Networks AB (INCOAX) | $61.96 Million | -39.54% | 0.34x | $2.98 Million |
| Invisio Communications AB (IVSO) | $52.38 Million | 84.54% | 1.02x | $1.15 Billion |
| KebNi AB (publ) (KEBNI-B) | $14.83 Million | -91.32% | 1.79x | $18.97 Million |
| LumenRadio AB (LUMEN) | $60.26 Million | 40.54% | 0.57x | $41.19 Million |