TradeDoubler AB
TradeDoubler AB (publ), together with its subsidiaries, provides performance marketing and technology solutions for publishers and advertisers in Europe. The company offers affiliate marketing solutions; white-label partner management platform to manage and run affiliate networks; campaign management solutions; and business intelligence solutions. It also provides influencer marketing; mobile mar… Read more
TradeDoubler AB (TRAD) - Net Assets
Latest net assets as of June 2025: Skr402.69 Million SEK
Based on the latest financial reports, TradeDoubler AB (TRAD) has net assets worth Skr402.69 Million SEK as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr1.08 Billion) and total liabilities (Skr680.21 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 | Skr402.69 Million |
| % of Total Assets | 37.19% |
| Annual Growth Rate | 14.51% |
| 5-Year Change | 75.99% |
| 10-Year Change | 60.75% |
| Growth Volatility | 56.48 |
TradeDoubler AB - Net Assets Trend (2002–2024)
This chart illustrates how TradeDoubler 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 TradeDoubler AB (2002–2024)
The table below shows the annual net assets of TradeDoubler AB from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr398.55 Million | +19.60% |
| 2023-12-31 | Skr333.25 Million | +8.30% |
| 2022-12-31 | Skr307.71 Million | +17.76% |
| 2021-12-31 | Skr261.31 Million | +15.39% |
| 2020-12-31 | Skr226.47 Million | -2.65% |
| 2019-12-31 | Skr232.64 Million | -1.42% |
| 2018-12-31 | Skr235.99 Million | +14.82% |
| 2017-12-31 | Skr205.52 Million | -0.49% |
| 2016-12-31 | Skr206.53 Million | -16.70% |
| 2015-12-31 | Skr247.93 Million | -43.82% |
| 2014-12-31 | Skr441.34 Million | -12.87% |
| 2013-12-31 | Skr506.54 Million | +3.72% |
| 2012-12-31 | Skr488.38 Million | -15.92% |
| 2011-12-31 | Skr580.84 Million | +12.40% |
| 2010-12-31 | Skr516.78 Million | +7.55% |
| 2009-12-31 | Skr480.51 Million | +64.61% |
| 2008-12-31 | Skr291.91 Million | -19.21% |
| 2007-12-31 | Skr361.31 Million | +3.54% |
| 2006-12-31 | Skr348.96 Million | +85.07% |
| 2005-12-31 | Skr188.56 Million | +101.70% |
| 2004-12-31 | Skr93.49 Million | +233.31% |
| 2003-12-31 | Skr28.05 Million | +38.80% |
| 2002-12-31 | Skr20.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to TradeDoubler 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 19839200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr24.50 Million | 6.15% |
| Other Comprehensive Income | Skr87.14 Million | 21.86% |
| Other Components | Skr485.31 Million | 121.77% |
| Total Equity | Skr398.55 Million | 100.00% |
TradeDoubler AB Competitors by Market Cap
The table below lists competitors of TradeDoubler AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
HUHUTECH International Group Inc. Ordinary Shares
NASDAQ:HUHU
|
$33.22 Million |
|
Allied Tecnologia S.A
SA:ALLD3
|
$33.22 Million |
|
New Zealand King Salmon Investments Ltd
AU:NZK
|
$33.22 Million |
|
Capitan Mining Inc
PINK:CAPTF
|
$33.25 Million |
|
Atlas Engineered Products Ltd
PINK:APEUF
|
$33.22 Million |
|
TRADEDOUBLER AB SK -40
F:T1D
|
$33.21 Million |
|
Shree Pushkar Chemicals & Fertilisers Limited
NSE:SHREEPUSHK
|
$33.20 Million |
|
Myungmoon Phar
KO:017180
|
$33.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in TradeDoubler AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 333,247,000 to 398,554,000, a change of 65,307,000 (19.6%).
- Net loss of 3,185,000 reduced equity.
- Share repurchases of 19,833,000 reduced equity.
- New share issuances of 19,833,000 increased equity.
- Other comprehensive income increased equity by 16,403,999.
- Other factors increased equity by 52,088,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-3.19 Million | -0.8% |
| Share Repurchases | Skr19.83 Million | -4.98% |
| Share Issuances | Skr19.83 Million | +4.98% |
| Other Comprehensive Income | Skr16.40 Million | +4.12% |
| Other Changes | Skr52.09 Million | +13.07% |
| Total Change | Skr- | 19.60% |
Book Value vs Market Value Analysis
This analysis compares TradeDoubler 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: 0.76x
- 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 1.14x to 0.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | Skr5.45 | Skr6.22 | x |
| 2006-12-31 | Skr9.96 | Skr6.22 | x |
| 2007-12-31 | Skr10.29 | Skr6.22 | x |
| 2008-12-31 | Skr10.21 | Skr6.22 | x |
| 2009-12-31 | Skr14.30 | Skr6.22 | x |
| 2010-12-31 | Skr12.11 | Skr6.22 | x |
| 2011-12-31 | Skr13.62 | Skr6.22 | x |
| 2012-12-31 | Skr11.45 | Skr6.22 | x |
| 2013-12-31 | Skr11.92 | Skr6.22 | x |
| 2014-12-31 | Skr10.43 | Skr6.22 | x |
| 2015-12-31 | Skr5.86 | Skr6.22 | x |
| 2016-12-31 | Skr4.87 | Skr6.22 | x |
| 2017-12-31 | Skr4.72 | Skr6.22 | x |
| 2018-12-31 | Skr5.34 | Skr6.22 | x |
| 2019-12-31 | Skr5.16 | Skr6.22 | x |
| 2020-12-31 | Skr5.02 | Skr6.22 | x |
| 2021-12-31 | Skr5.79 | Skr6.22 | x |
| 2022-12-31 | Skr6.82 | Skr6.22 | x |
| 2023-12-31 | Skr7.38 | Skr6.22 | x |
| 2024-12-31 | Skr8.18 | Skr6.22 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently TradeDoubler 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): -0.80%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.15%
- • Asset Turnover: 1.70x
- • Equity Multiplier: 3.13x
- Recent ROE (-0.80%) is below the historical average (4.51%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2003 | 26.56% | 2.87% | 2.07x | 4.48x | Skr4.65 Million |
| 2004 | 66.65% | 10.42% | 1.98x | 3.24x | Skr52.96 Million |
| 2005 | 20.60% | 3.58% | 2.03x | 2.83x | Skr20.00 Million |
| 2006 | 40.23% | 8.05% | 1.91x | 2.62x | Skr105.49 Million |
| 2007 | 42.17% | 5.72% | 1.19x | 6.19x | Skr116.22 Million |
| 2008 | 32.34% | 2.73% | 2.23x | 5.31x | Skr65.21 Million |
| 2009 | -37.15% | -5.92% | 1.75x | 3.59x | Skr-226.54 Million |
| 2010 | 11.87% | 2.16% | 2.01x | 2.74x | Skr9.66 Million |
| 2011 | -8.76% | -1.95% | 1.82x | 2.47x | Skr-108.99 Million |
| 2012 | -1.63% | -0.35% | 1.94x | 2.44x | Skr-56.80 Million |
| 2013 | 2.25% | 0.57% | 1.36x | 2.90x | Skr-39.26 Million |
| 2014 | -18.66% | -4.75% | 1.35x | 2.91x | Skr-126.48 Million |
| 2015 | -76.56% | -11.69% | 1.53x | 4.29x | Skr-214.62 Million |
| 2016 | -24.25% | -3.73% | 1.54x | 4.21x | Skr-70.74 Million |
| 2017 | -4.79% | -0.84% | 1.63x | 3.49x | Skr-30.39 Million |
| 2018 | 6.40% | 1.29% | 1.58x | 3.15x | Skr-8.50 Million |
| 2019 | -5.03% | -0.97% | 1.44x | 3.60x | Skr-34.97 Million |
| 2020 | 3.11% | 0.57% | 1.47x | 3.71x | Skr-15.61 Million |
| 2021 | 9.15% | 1.68% | 1.54x | 3.53x | Skr-2.22 Million |
| 2022 | 7.89% | 1.48% | 1.58x | 3.37x | Skr-6.48 Million |
| 2023 | 7.59% | 1.28% | 1.72x | 3.46x | Skr-8.04 Million |
| 2024 | -0.80% | -0.15% | 1.70x | 3.13x | Skr-43.04 Million |
Industry Comparison
This section compares TradeDoubler AB's net assets metrics with peer companies in the Advertising Agencies industry.
Industry Context
- Industry: Advertising Agencies
- Average net assets among peers: $31,961,442
- Average return on equity (ROE) among peers: 21.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| TradeDoubler AB (TRAD) | Skr402.69 Million | 26.56% | 1.69x | $33.22 Million |
| Adtraction Group AB (ADTR) | $39.73 Million | 44.77% | 3.68x | $32.33 Million |
| Ayima Group AB Series B (AYIMA-B) | $40.48 Million | -17.66% | 1.97x | $749.72K |
| Raketech Group Holding (RAKE) | $15.67 Million | 36.82% | 2.35x | $3.98 Million |