Urb-it AB
Urb-it AB (publ) operates as a logistics company in Europe. The company offers delivery services through foot, bike, and e-cargo fleet. It also provides customer-centric services for e-commerce markets. The company was incorporated in 2014 and is headquartered in Stockholm, Sweden.
Urb-it AB (URBIT) - Net Assets
Latest net assets as of September 2023: Skr70.33 Million SEK
Based on the latest financial reports, Urb-it AB (URBIT) has net assets worth Skr70.33 Million SEK as of September 2023.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr92.88 Million) and total liabilities (Skr22.55 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 | Skr70.33 Million |
| % of Total Assets | 75.72% |
| Annual Growth Rate | 38.94% |
| 5-Year Change | 1188.68% |
| 10-Year Change | N/A |
| Growth Volatility | 428.85 |
Urb-it AB - Net Assets Trend (2015–2022)
This chart illustrates how Urb-it 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 Urb-it AB (2015–2022)
The table below shows the annual net assets of Urb-it AB from 2015 to 2022.
| Year | Net Assets | Change |
|---|---|---|
| 2022-12-31 | Skr169.12 Million | +27.48% |
| 2021-12-31 | Skr132.67 Million | +114.78% |
| 2020-12-31 | Skr61.77 Million | +1226.72% |
| 2019-12-31 | Skr4.66 Million | -64.52% |
| 2018-12-31 | Skr13.12 Million | +8.83% |
| 2017-12-31 | Skr12.06 Million | +8.85% |
| 2016-12-31 | Skr11.08 Million | -34.49% |
| 2015-12-31 | Skr16.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Urb-it 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 66412500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2022)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr30.01 Million | 17.74% |
| Other Components | Skr803.24 Million | 474.95% |
| Total Equity | Skr169.12 Million | 100.00% |
Urb-it AB Competitors by Market Cap
The table below lists competitors of Urb-it AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Astra Energy Inc
OTCQB:ASRE
|
$683.50K |
|
LG Household & Health Care Ltd. Pfd. Series 1
KQ:051905
|
$683.54K |
|
ALLEGIANT TRAVEL
BE:AGH
|
$683.95K |
|
NEXUS - Dusseldorf Stock Exchang
DU:NXU
|
$684.16K |
|
NEW YORK TIMES -A-
MU:NYT
|
$683.05K |
|
MyHotelMatch S.A.
F:6GD0
|
$682.94K |
|
Radaan Mediaworks India Limited
NSE:RADAAN
|
$682.78K |
|
Mordechai Aviv Taasiot Beniyah 1973 Ltd
TA:AVIV
|
$682.31K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Urb-it AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2021 to 2022, total equity changed from 132,669,000 to 169,121,000, a change of 36,452,000 (27.5%).
- Net loss of 151,766,000 reduced equity.
- Share repurchases of 25,534,000 reduced equity.
- New share issuances of 214,633,000 increased equity.
Equity Change Factors (2021 to 2022)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-151.77 Million | -89.74% |
| Share Repurchases | Skr25.53 Million | -15.1% |
| Share Issuances | Skr214.63 Million | +126.91% |
| Other Changes | Skr-881.00K | -0.52% |
| Total Change | Skr- | 27.48% |
Book Value vs Market Value Analysis
This analysis compares Urb-it 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: 0.01x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | Skr0.53 | Skr0.00 | x |
| 2016-12-31 | Skr0.35 | Skr0.00 | x |
| 2017-12-31 | Skr0.64 | Skr0.00 | x |
| 2018-12-31 | Skr0.19 | Skr0.00 | x |
| 2019-12-31 | Skr0.03 | Skr0.00 | x |
| 2020-12-31 | Skr0.35 | Skr0.00 | x |
| 2021-12-31 | Skr0.54 | Skr0.00 | x |
| 2022-12-31 | Skr0.71 | Skr0.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Urb-it 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): -89.74%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -309.82%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 1.24x
- Recent ROE (-89.74%) is above the historical average (-445.48%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -175.72% | -8684.41% | 0.01x | 2.00x | Skr-31.41 Million |
| 2016 | -495.61% | -19525.49% | 0.00x | 5.28x | Skr-56.02 Million |
| 2017 | -988.59% | -12487.10% | 0.02x | 4.55x | Skr-120.42 Million |
| 2018 | -489.54% | -5261.96% | 0.03x | 3.27x | Skr-65.56 Million |
| 2019 | -1137.91% | -1196.26% | 0.14x | 6.91x | Skr-53.44 Million |
| 2020 | -108.97% | -536.00% | 0.11x | 1.80x | Skr-73.49 Million |
| 2021 | -77.74% | -300.96% | 0.21x | 1.22x | Skr-116.40 Million |
| 2022 | -89.74% | -309.82% | 0.23x | 1.24x | Skr-168.68 Million |
Industry Comparison
This section compares Urb-it AB's net assets metrics with peer companies in the Integrated Freight & Logistics industry.
Industry Context
- Industry: Integrated Freight & Logistics
- Average net assets among peers: $860,056,000
- Average return on equity (ROE) among peers: 4.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Urb-it AB (URBIT) | Skr70.33 Million | -175.72% | 0.32x | $683.22K |
| Jetpak Top Holding AB (JETPAK) | $860.06 Million | 4.58% | 0.54x | $35.56 Million |