Upsales Technology AB (UPSALE) - Net Assets
Based on the latest financial reports, Upsales Technology AB (UPSALE) has net assets worth Skr12.60 Million SEK (≈ $1.36 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 (Skr82.38 Million ≈ $8.87 Million USD) and total liabilities (Skr69.78 Million ≈ $7.51 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 Upsales Technology AB asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr12.60 Million |
| % of Total Assets | 15.3% |
| Annual Growth Rate | 10.37% |
| 5-Year Change | -19.32% |
| 10-Year Change | N/A |
| Growth Volatility | 76.53 |
Upsales Technology AB - Net Assets Trend (2016–2024)
This chart illustrates how Upsales Technology AB's net assets have evolved over time, based on quarterly financial data. Also explore Upsales Technology AB total assets for the complete picture of this company's asset base.
Annual Net Assets for Upsales Technology AB (2016–2024)
The table below shows the annual net assets of Upsales Technology AB from 2016 to 2024. For live valuation and market cap data, see Upsales Technology AB market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr21.91 Million ≈ $2.36 Million |
-27.61% |
| 2023-12-31 | Skr30.27 Million ≈ $3.26 Million |
-17.45% |
| 2022-12-31 | Skr36.67 Million ≈ $3.95 Million |
-5.18% |
| 2021-12-31 | Skr38.68 Million ≈ $4.16 Million |
+42.39% |
| 2020-12-31 | Skr27.16 Million ≈ $2.92 Million |
+33.60% |
| 2019-12-31 | Skr20.33 Million ≈ $2.19 Million |
+330.48% |
| 2018-12-31 | Skr-8.82 Million ≈ $-949.26K |
-0.15% |
| 2017-12-31 | Skr-8.81 Million ≈ $-947.85K |
-188.51% |
| 2016-12-31 | Skr9.95 Million ≈ $1.07 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Upsales Technology 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 238.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr674.00K | 3.08% |
| Other Comprehensive Income | Skr-13.59 Million | -62.02% |
| Other Components | Skr48.42 Million | 220.97% |
| Total Equity | Skr21.91 Million | 100.00% |
Upsales Technology AB Competitors by Market Cap
The table below lists competitors of Upsales Technology AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Greenland Mines Ltd
NASDAQ:GRML
|
$50.92 Million |
|
ENTERA BIO IS-0000769
F:5DT
|
$50.93 Million |
|
S-Fuelcell co. Ltd
KQ:288620
|
$50.94 Million |
|
Dongbang Agro
KO:007590
|
$50.95 Million |
|
Heerim Architects & Planners Co. Ltd
KQ:037440
|
$50.90 Million |
|
Signetics Corporation
KQ:033170
|
$50.89 Million |
|
City Service SE
WAR:CTS
|
$50.89 Million |
|
Pengana Capital Group Ltd
AU:PCG
|
$50.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Upsales Technology AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 30,270,801 to 21,914,000, a change of -8,356,801 (-27.6%).
- Net income of 18,481,000 contributed positively to equity growth.
- Dividend payments of 25,258,000 reduced retained earnings.
- Share repurchases of 1,581,000 reduced equity.
- Other comprehensive income decreased equity by 8,357,137.
- Other factors increased equity by 9,939,336.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr18.48 Million | +84.33% |
| Dividends Paid | Skr25.26 Million | -115.26% |
| Share Repurchases | Skr1.58 Million | -7.21% |
| Other Comprehensive Income | Skr-8.36 Million | -38.14% |
| Other Changes | Skr9.94 Million | +45.36% |
| Total Change | Skr- | -27.61% |
Book Value vs Market Value Analysis
This analysis compares Upsales Technology 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: 21.59x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 43.26x to 21.59x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Skr0.65 | Skr28.10 | x |
| 2017-12-31 | Skr-0.57 | Skr28.10 | x |
| 2018-12-31 | Skr-0.58 | Skr28.10 | x |
| 2019-12-31 | Skr1.27 | Skr28.10 | x |
| 2020-12-31 | Skr1.63 | Skr28.10 | x |
| 2021-12-31 | Skr2.27 | Skr28.10 | x |
| 2022-12-31 | Skr2.17 | Skr28.10 | x |
| 2023-12-31 | Skr1.80 | Skr28.10 | x |
| 2024-12-31 | Skr1.30 | Skr28.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Upsales Technology 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): 84.33%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.77%
- • Asset Turnover: 1.40x
- • Equity Multiplier: 4.72x
- Recent ROE (84.33%) is above the historical average (44.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 98.97% | 0.00% | 0.00x | 2.69x | Skr8.85 Million |
| 2017 | 0.00% | -57.56% | 0.58x | 0.00x | Skr-17.69 Million |
| 2018 | 0.00% | 0.11% | 1.02x | 0.00x | Skr946.55K |
| 2019 | 12.74% | 3.83% | 1.08x | 3.09x | Skr556.37K |
| 2020 | 24.45% | 8.83% | 1.01x | 2.73x | Skr3.92 Million |
| 2021 | 25.13% | 10.43% | 0.80x | 2.99x | Skr5.85 Million |
| 2022 | 61.35% | 17.36% | 1.04x | 3.39x | Skr18.83 Million |
| 2023 | 91.02% | 18.11% | 1.31x | 3.83x | Skr24.52 Million |
| 2024 | 84.33% | 12.77% | 1.40x | 4.72x | Skr16.29 Million |
Industry Comparison
This section compares Upsales Technology AB's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $164,488,692
- Average return on equity (ROE) among peers: -79.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Upsales Technology AB (UPSALE) | Skr12.60 Million | 98.97% | 5.54x | $50.92 Million |
| 24SevenOffice Scandinavia AB (247) | $414.56 Million | -17.81% | 0.89x | $67.95 Million |
| eEducation Albert AB (ALBERT) | $45.42 Million | -137.73% | 1.84x | $11.25 Million |
| AppSpotr AB (APTR) | $36.54 Million | -80.26% | 0.22x | $28.96 Million |
| Better Collective (BETCO) | $685.93 Million | 4.96% | 0.71x | $899.81 Million |
| BIMobject AB (BIM) | $282.06 Million | -28.81% | 0.34x | $71.75 Million |
| Bambuser AB (BUSER) | $7.37 Million | -268.23% | 0.60x | $24.10 Million |
| CodeMill AB (CDMIL) | $48.59 Million | -28.16% | 0.71x | $22.72 Million |
| Crunchfish AB (CFISH) | $58.77 Million | -44.06% | 0.13x | $30.49 Million |
| ChargePanel AB (CHARGE) | $672.00K | 3.13% | 2.05x | $5.99 Million |
| Checkin.com Group AB (CHECK) | $64.96 Million | -199.64% | 0.21x | $10.26 Million |
About Upsales Technology AB
Upsales Technology AB (publ) operates as a software-as-a-service company that develops and sells web-based business systems with a focus on sales, marketing, and analysis in Sweden and internationally. The company offers Upsales platform, which provides database and analyzes sales history and gives suggestions on actions to win more deals; AI-based lead recommendations; helps discover untapped co… Read more