TROPHY GAMES Development AS
TROPHY GAMES Development A/S engages in the developing, manufacturing, publishing, and selling of online games for computers, tablet, mobiles, and related products in Denmark. It primarily focuses on football management games. The company was incorporated in 2006 and is based in Copenhagen, Denmark.
TROPHY GAMES Development AS (TGAMES) - Total Assets
Latest total assets as of June 2025: Dkr70.11 Million DKK
Based on the latest financial reports, TROPHY GAMES Development AS (TGAMES) holds total assets worth Dkr70.11 Million DKK as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
TROPHY GAMES Development AS - Total Assets Trend (2017–2024)
This chart illustrates how TROPHY GAMES Development AS’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
TROPHY GAMES Development AS - Asset Composition Analysis
Current Asset Composition (December 2024)
TROPHY GAMES Development AS's total assets of Dkr70.11 Million consist of 52.1% current assets and 48.0% non-current assets.
| Asset Category | Amount (DKK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Dkr0.00 | 37.3% |
| Accounts Receivable | Dkr6.74 Million | 9.9% |
| Inventory | Dkr0.00 | 0.0% |
| Property, Plant & Equipment | Dkr0.00 | 0.0% |
| Intangible Assets | Dkr27.72 Million | 40.7% |
| Goodwill | Dkr0.00 | 0.0% |
Asset Composition Trend (2017–2024)
This chart illustrates how TROPHY GAMES Development AS's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: TROPHY GAMES Development AS's current assets represent 52.1% of total assets in 2024, a decrease from 94.3% in 2017.
- Cash Position: Cash and equivalents constituted 37.3% of total assets in 2024, up from 9.0% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 40.0% of total assets, an increase from 0.0% in 2017.
- Asset Diversification: The largest asset category is intangible assets at 40.7% of total assets.
TROPHY GAMES Development AS Competitors by Total Assets
Key competitors of TROPHY GAMES Development AS based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Giant Network Group Co Ltd
SHE:002558
|
China | CN¥18.19 Billion |
|
YOUZU Interactive Co Ltd
SHE:002174
|
China | CN¥5.78 Billion |
|
Devsisters corporation
KQ:194480
|
Korea | ₩322.33 Billion |
|
Dalian Zeus Entertainment
SHE:002354
|
China | CN¥1.98 Billion |
|
Kaiser China Holding Co Ltd
SHE:002425
|
China | CN¥3.29 Billion |
|
Kingnet Network Co Ltd
SHE:002517
|
China | CN¥13.17 Billion |
|
37 Interactive Entertainment Network Technology Group Co Ltd
SHE:002555
|
China | CN¥21.34 Billion |
|
Zhejiang Century Huatong Group Co Ltd
SHE:002602
|
China | CN¥43.23 Billion |
TROPHY GAMES Development AS - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - TROPHY GAMES Development AS generates 1.32x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, TROPHY GAMES Development AS generates $ 10.43 in net profit.
TROPHY GAMES Development AS - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 6.92 | 3.92 | 1.68 |
| Quick Ratio | 6.92 | 3.92 | 1.68 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Dkr34.90 Million | Dkr 29.46 Million | Dkr 546.50K |
TROPHY GAMES Development AS - Advanced Valuation Insights
This section examines the relationship between TROPHY GAMES Development AS's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 6.93 |
| Latest Market Cap to Assets Ratio | 0.79 |
| Asset Growth Rate (YoY) | 9.9% |
| Total Assets | Dkr68.19 Million |
| Market Capitalization | $53.54 Million USD |
Valuation Analysis
Below Book Valuation: The market values TROPHY GAMES Development AS's assets below their book value (0.79 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: TROPHY GAMES Development AS's assets grew by 9.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for TROPHY GAMES Development AS (2017–2024)
The table below shows the annual total assets of TROPHY GAMES Development AS from 2017 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr68.19 Million | +9.86% |
| 2023-12-31 | Dkr62.07 Million | +3.76% |
| 2022-12-31 | Dkr59.82 Million | -20.24% |
| 2021-12-31 | Dkr75.01 Million | +417.10% |
| 2020-12-31 | Dkr14.51 Million | +25.37% |
| 2019-12-31 | Dkr11.57 Million | +114.47% |
| 2018-12-31 | Dkr5.39 Million | +55.58% |
| 2017-12-31 | Dkr3.47 Million | -- |