Net Digital AG
Net-Digital AG provides global payment, mobile payment, communication, television enabling, content distribution, and artificial intelligence solutions in Germany. The company was formerly known as Black Pearl Digital AG. Net-Digital AG was incorporated in 2016 and is based in Düsseldorf, Germany.
Net Digital AG (VRL) - Net Assets
Latest net assets as of June 2025: €2.47 Million EUR
Based on the latest financial reports, Net Digital AG (VRL) has net assets worth €2.47 Million EUR as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€10.32 Million) and total liabilities (€7.85 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 | €2.47 Million |
| % of Total Assets | 23.91% |
| Annual Growth Rate | 32.68% |
| 5-Year Change | -54.83% |
| 10-Year Change | N/A |
| Growth Volatility | 234.9 |
Net Digital AG - Net Assets Trend (2016–2024)
This chart illustrates how Net Digital AG's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Net Digital AG (2016–2024)
The table below shows the annual net assets of Net Digital AG from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €1.98 Million | -21.31% |
| 2023-12-31 | €2.51 Million | -32.36% |
| 2022-12-31 | €3.71 Million | -13.20% |
| 2021-12-31 | €4.28 Million | -2.23% |
| 2020-12-31 | €4.37 Million | +253.41% |
| 2019-12-31 | €1.24 Million | -13.07% |
| 2018-12-31 | €1.42 Million | +680.86% |
| 2017-12-31 | €182.34K | -11.40% |
| 2016-12-31 | €205.78K | -- |
Equity Component Analysis
This analysis shows how different components contribute to Net Digital AG'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 476358323.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | €2.14 Million | 108.52% |
| Other Components | €4.64 Million | 234.80% |
| Total Equity | €1.98 Million | 100.00% |
Net Digital AG Competitors by Market Cap
The table below lists competitors of Net Digital AG ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bank of Greece
AT:TELL
|
$138.94K |
|
IMPALA PLAT HDGS
MU:IPHB
|
$139.00K |
|
SHOPRITE HLDG (SHP)
BE:HY7
|
$139.00K |
|
MIXI (MXN.SG)
STU:MXN
|
$139.07K |
|
Great Eastern Holdings Ltd (Singapore)
PINK:GEHDF
|
$138.82K |
|
RESIDENCES DAR SAADA
BC:RESIDENCES-DAR-SAADA
|
$138.79K |
|
MACY'S (FDO.SG)
STU:FDO
|
$138.79K |
|
HSBC HLDG - Dusseldorf Stock Exchang
DU:HBC1
|
$138.78K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Net Digital AG's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,510,887 to 1,975,851, a change of -535,036 (-21.3%).
- Net loss of 1,984,292 reduced equity.
- Other factors increased equity by 1,449,256.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €-1.98 Million | -100.43% |
| Other Changes | €1.45 Million | +73.35% |
| Total Change | €- | -21.31% |
Book Value vs Market Value Analysis
This analysis compares Net Digital AG'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: 11.01x
- 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 21.66x to 11.01x 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 | €0.65 | €14.00 | x |
| 2017-12-31 | €0.57 | €14.00 | x |
| 2018-12-31 | €4.43 | €14.00 | x |
| 2019-12-31 | €3.85 | €14.00 | x |
| 2020-12-31 | €13.60 | €14.00 | x |
| 2021-12-31 | €12.22 | €14.00 | x |
| 2022-12-31 | €2.40 | €14.00 | x |
| 2023-12-31 | €1.62 | €14.00 | x |
| 2024-12-31 | €1.27 | €14.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Net Digital AG 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): -100.43%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -18.11%
- • Asset Turnover: 1.85x
- • Equity Multiplier: 2.99x
- Recent ROE (-100.43%) is below the historical average (-27.30%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -21.49% | 0.00% | 0.00x | 1.09x | €-64.79K |
| 2017 | -12.86% | -15632.18% | 0.00x | 1.02x | €-41.68K |
| 2018 | -20.45% | -5824.02% | 0.00x | 1.05x | €-433.58K |
| 2019 | -14.83% | -2721.47% | 0.01x | 1.01x | €-307.34K |
| 2020 | -11.67% | -2119.61% | 0.01x | 1.02x | €-948.00K |
| 2021 | -10.25% | -5.29% | 1.13x | 1.72x | €-866.02K |
| 2022 | -10.70% | -3.71% | 1.41x | 2.04x | €-768.57K |
| 2023 | -42.98% | -11.01% | 1.69x | 2.31x | €-1.33 Million |
| 2024 | -100.43% | -18.11% | 1.85x | 2.99x | €-2.18 Million |
Industry Comparison
This section compares Net Digital AG's net assets metrics with peer companies in the Software - Application industry.
Industry Context
- Industry: Software - Application
- Average net assets among peers: $365,665,335
- Average return on equity (ROE) among peers: 1.17%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Net Digital AG (VRL) | €2.47 Million | -21.49% | 3.18x | $138.83K |
| Growens S.p.A. (0MU) | $56.87 Million | 102.36% | 0.45x | $22.92K |
| Patriot One Technologies Inc (0PL) | $33.53 Million | -35.74% | 0.02x | $58.49 Million |
| Paycom Soft (0PY) | $1.18 Billion | 23.79% | 2.30x | $5.38 Billion |
| innoscripta SE (1INN) | $35.15 Million | 71.39% | 0.67x | $124.83 Million |
| Nextech3D.AI Corporation (1SS) | $13.13 Million | -208.54% | 0.31x | $13.92 Million |
| WEIMOB INC. DL-0001 (36W) | $1.99 Billion | 15.68% | 0.66x | $647.04 Million |
| Modelon AB (publ) (3VM) | $173.11 Million | -16.46% | 0.23x | $7.36 Million |
| Hitek Global Inc. (4JX) | $28.34 Million | 3.70% | 0.25x | $4.96 Million |
| Envirosuite Limited (57P) | $127.30 Million | -9.82% | 0.18x | $39.98 Million |
| JanOne Inc (5AR1) | $16.82 Million | 65.36% | 1.78x | $133.90 Million |