Thunderful Group AB (THUNDR) — Tangible Net Worth Ratio
Thunderful Group AB (THUNDR) has a Tangible Net Worth Ratio of -46.6% as of December 2025. This metric is calculated by deducting intangible assets (Skr195.30 Million) from net assets (Skr133.20 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Thunderful Group AB equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Thunderful Group AB Tangible Net Worth Ratio (2017–2025)
This chart shows how Thunderful Group AB's Tangible Net Worth Ratio has changed across 9 annual periods from 2017 to 2025. As of December 2025, the ratio stands at -46.6%, reflecting net assets of Skr133.20 Million with intangible assets of Skr195.30 Million SEK. For live market cap and overall valuation, see market value of Thunderful Group AB.
Annual Tangible Net Worth Ratio for Thunderful Group AB (2017–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Thunderful Group AB from 2017 to 2025, covering 9 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore THUNDR capital expenditure intensity to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (SEK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | -46.6% | Skr133.20 Million | Skr195.30 Million | Skr306.10 Million | ▼ -92.9 pp |
| 2024 | 46.2% | Skr578.00 Million | Skr310.70 Million | Skr772.90 Million | ▲ +25.3 pp |
| 2023 | 20.9% | Skr1.38 Billion | Skr1.09 Billion | Skr3.19 Billion | ▼ -24.8 pp |
| 2022 | 45.7% | Skr1.98 Billion | Skr1.08 Billion | Skr3.67 Billion | ▼ -3.1 pp |
| 2021 | 48.8% | Skr1.80 Billion | Skr921.20 Million | Skr3.62 Billion | ▼ -12.0 pp |
| 2020 | 60.8% | Skr1.49 Billion | Skr583.40 Million | Skr2.46 Billion | ▲ +37.4 pp |
| 2019 | 23.4% | Skr518.00 Million | Skr396.60 Million | Skr1.44 Billion | ▼ -63.4 pp |
| 2018 | 86.9% | Skr157.00 Million | Skr20.60 Million | Skr1.06 Billion | ▼ -7.0 pp |
| 2017 | 93.9% | Skr99.60 Million | Skr6.10 Million | Skr748.40 Million | — |