Tourn International AB (TOURN) - Net Assets
Based on the latest financial reports, Tourn International AB (TOURN) has net assets worth Skr15.82 Million SEK (≈ $1.70 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 (Skr38.85 Million ≈ $4.18 Million USD) and total liabilities (Skr23.03 Million ≈ $2.48 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 TOURN asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr15.82 Million |
| % of Total Assets | 40.71% |
| Annual Growth Rate | 22.69% |
| 5-Year Change | 88.56% |
| 10-Year Change | 374.69% |
| Growth Volatility | 121.73 |
Tourn International AB - Net Assets Trend (2013–2024)
This chart illustrates how Tourn International AB's net assets have evolved over time, based on quarterly financial data. Also explore total assets of Tourn International AB for the complete picture of this company's asset base.
Annual Net Assets for Tourn International AB (2013–2024)
The table below shows the annual net assets of Tourn International AB from 2013 to 2024. For live valuation and market cap data, see Tourn International AB stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr27.81 Million ≈ $2.99 Million |
-24.19% |
| 2023-12-31 | Skr36.68 Million ≈ $3.95 Million |
-26.03% |
| 2022-12-31 | Skr49.59 Million ≈ $5.34 Million |
-27.42% |
| 2021-12-31 | Skr68.32 Million ≈ $7.35 Million |
+363.27% |
| 2020-12-31 | Skr14.75 Million ≈ $1.59 Million |
+1856.24% |
| 2019-12-31 | Skr-839.67K ≈ $-90.36K |
-109.66% |
| 2018-12-31 | Skr8.70 Million ≈ $935.88K |
+4.98% |
| 2017-12-31 | Skr8.28 Million ≈ $891.50K |
+3.31% |
| 2016-12-31 | Skr8.02 Million ≈ $862.93K |
+36.88% |
| 2015-12-31 | Skr5.86 Million ≈ $630.40K |
-3.16% |
| 2014-12-31 | Skr6.05 Million ≈ $650.98K |
+106.28% |
| 2013-12-31 | Skr2.93 Million ≈ $315.59K |
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Equity Component Analysis
This analysis shows how different components contribute to Tourn International 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 7629440000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr975.34K | 4.51% |
| Other Comprehensive Income | Skr-52.70 Million | -243.46% |
| Other Components | Skr149.66 Million | 691.43% |
| Total Equity | Skr21.64 Million | 100.00% |
Tourn International AB Competitors by Market Cap
The table below lists competitors of Tourn International AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EXPLOITS DISCOVERY CORP.
F:634
|
$6.49 Million |
|
NGS Group AB (publ)
ST:NGS
|
$6.49 Million |
|
The Calmer Co International Ltd
AU:CCO
|
$6.49 Million |
|
Xylo Technologies Ltd.
NASDAQ:XYLO
|
$6.49 Million |
|
Wide Open Agriculture Ltd
AU:WOA
|
$6.48 Million |
|
Ambipar Emergency Response
NYSE MKT:AMBI
|
$6.48 Million |
|
N2Tech Co. Ltd
KQ:227950
|
$6.48 Million |
|
Duksung Co Ltd
KO:004835
|
$6.47 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tourn International AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 33,304,428 to 21,644,873, a change of -11,659,555 (-35.0%).
- Net loss of 15,252,299 reduced equity.
- Share repurchases of 13,478,210 reduced equity.
- New share issuances of 13,478,212 increased equity.
- Other comprehensive income decreased equity by 68,263,623.
- Other factors increased equity by 71,856,365.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-15.25 Million | -70.47% |
| Share Repurchases | Skr13.48 Million | -62.27% |
| Share Issuances | Skr13.48 Million | +62.27% |
| Other Comprehensive Income | Skr-68.26 Million | -315.38% |
| Other Changes | Skr71.86 Million | +331.98% |
| Total Change | Skr- | -35.01% |
Book Value vs Market Value Analysis
This analysis compares Tourn International 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: 2.78x
- 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 11.07x to 2.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | Skr0.56 | Skr6.18 | x |
| 2014-12-31 | Skr0.88 | Skr6.18 | x |
| 2015-12-31 | Skr0.80 | Skr6.18 | x |
| 2016-12-31 | Skr1.10 | Skr6.18 | x |
| 2017-12-31 | Skr1.12 | Skr6.18 | x |
| 2018-12-31 | Skr0.86 | Skr6.18 | x |
| 2019-12-31 | Skr-0.42 | Skr6.18 | x |
| 2020-12-31 | Skr1.77 | Skr6.18 | x |
| 2021-12-31 | Skr7.00 | Skr6.18 | x |
| 2022-12-31 | Skr5.08 | Skr6.18 | x |
| 2023-12-31 | Skr3.41 | Skr6.18 | x |
| 2024-12-31 | Skr2.22 | Skr6.18 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tourn International 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): -70.47%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -22.05%
- • Asset Turnover: 1.32x
- • Equity Multiplier: 2.43x
- Recent ROE (-70.47%) is below the historical average (-30.85%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | -20.41% | -239.92% | 0.08x | 1.09x | Skr-891.77K |
| 2014 | -41.77% | -270.09% | 0.14x | 1.07x | Skr-3.01 Million |
| 2015 | 0.22% | 0.19% | 0.96x | 1.24x | Skr-572.65K |
| 2016 | -33.35% | -17.27% | 1.21x | 1.59x | Skr-3.48 Million |
| 2017 | -5.90% | -1.01% | 2.21x | 2.65x | Skr-1.30 Million |
| 2018 | -173.06% | -23.11% | 2.04x | 3.67x | Skr-13.04 Million |
| 2019 | 0.00% | -13.89% | 2.76x | 0.00x | Skr-12.30 Million |
| 2020 | 93.74% | 15.75% | 1.42x | 4.18x | Skr12.33 Million |
| 2021 | -8.28% | -4.39% | 1.19x | 1.58x | Skr-12.49 Million |
| 2022 | -55.09% | -19.38% | 1.52x | 1.87x | Skr-32.28 Million |
| 2023 | -55.81% | -18.43% | 1.50x | 2.01x | Skr-21.92 Million |
| 2024 | -70.47% | -22.05% | 1.32x | 2.43x | Skr-17.42 Million |
Industry Comparison
This section compares Tourn International AB's net assets metrics with peer companies in the Internet Content & Information industry.
Industry Context
- Industry: Internet Content & Information
- Average net assets among peers: $964,922,250
- Average return on equity (ROE) among peers: -29.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tourn International AB (TOURN) | Skr15.82 Million | -20.41% | 1.46x | $6.49 Million |
| Catena Media plc (CTM) | $107.53 Million | -10.75% | 0.05x | $22.35 Million |
| Eniro AB (ENRO) | $2.40 Billion | 0.00% | 1.01x | $47.63 Million |
| Hemnet Group AB (HEM) | $1.26 Billion | 26.89% | 0.71x | $1.13 Billion |
| Readly International AB (READ) | $90.56 Million | -132.47% | 3.23x | $171.68 Million |
About Tourn International AB
Tourn International AB (publ) develops influencer marketing technology for brands and influencers worldwide. The company was formerly known as INEV Studios AB (publ) and changed its name to Tourn International AB (publ) in January 2015. The company was incorporated in 2010 and is headquartered in Stockholm, Sweden.