Thunderful Group AB (THUNDR) — Tangible Net Worth Ratio

Latest as of December 2025: -46.6%

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. See Thunderful Group AB working capital to net assets to evaluate short-term liquidity relative to the company's equity base.

Tangible NW Ratio

-46.6%
Tangible equity / total equity

Net Assets (Equity)

Skr133.20 Million
SEK

Intangible Assets

Skr195.30 Million
Goodwill, patents, brand value

Total Assets

Skr306.10 Million
SEK

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. See THUNDR defensive interval ratio to measure how many days the company can operate on defensive assets alone.

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. For the full company profile including market capitalisation, see Thunderful Group AB (THUNDR) total market value.

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
pp = percentage points