Vincit Group Oyj
Vincit Oyj provides service design and software development services in Finland, Poland, Portugal, Sweden, and the United States. The company offers business design, agile software development, digital solutions, continuous services and DevOps services, and SAP ecosystem technologies. It also provides data, artificial intelligence, and analytics; SAP enterprise solutions; web and mobile applicati… Read more
Vincit Group Oyj (VINCIT) - Total Assets
Latest total assets as of June 2025: €55.61 Million EUR
Based on the latest financial reports, Vincit Group Oyj (VINCIT) holds total assets worth €55.61 Million EUR 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.
Vincit Group Oyj - Total Assets Trend (2013–2024)
This chart illustrates how Vincit Group Oyj’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Vincit Group Oyj - Asset Composition Analysis
Current Asset Composition (December 2024)
Vincit Group Oyj's total assets of €55.61 Million consist of 54.7% current assets and 45.3% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €9.16 Million | 19.2% |
| Accounts Receivable | €15.47 Million | 32.4% |
| Inventory | €0.00 | 0.0% |
| Property, Plant & Equipment | €420.39K | 0.9% |
| Intangible Assets | €1.80 Million | 3.8% |
| Goodwill | €17.78 Million | 37.2% |
Asset Composition Trend (2013–2024)
This chart illustrates how Vincit Group Oyj'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: Vincit Group Oyj's current assets represent 54.7% of total assets in 2024, a decrease from 97.5% in 2013.
- Cash Position: Cash and equivalents constituted 19.2% of total assets in 2024, down from 23.6% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 40.0% of total assets, an increase from 0.0% in 2013.
- Asset Diversification: The largest asset category is goodwill at 37.2% of total assets.
Vincit Group Oyj Competitors by Total Assets
Key competitors of Vincit Group Oyj based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
Vincit Group Oyj - 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 - Vincit Group Oyj generates 1.77x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Vincit Group Oyj is currently not profitable relative to its asset base.
Vincit Group Oyj - 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 | 1.20 | 1.50 | 2.44 |
| Quick Ratio | 1.20 | 1.50 | 2.44 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €3.53 Million | € 9.55 Million | € 13.10 Million |
Vincit Group Oyj - Advanced Valuation Insights
This section examines the relationship between Vincit Group Oyj'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 | 0.65 |
| Latest Market Cap to Assets Ratio | 0.46 |
| Asset Growth Rate (YoY) | -16.1% |
| Total Assets | €47.81 Million |
| Market Capitalization | $22.07 Million USD |
Valuation Analysis
Below Book Valuation: The market values Vincit Group Oyj's assets below their book value (0.46 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Vincit Group Oyj's assets decreased by 16.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Vincit Group Oyj (2013–2024)
The table below shows the annual total assets of Vincit Group Oyj from 2013 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €47.81 Million | -16.06% |
| 2023-12-31 | €56.96 Million | -8.07% |
| 2022-12-31 | €61.96 Million | +58.49% |
| 2021-12-31 | €39.09 Million | +11.83% |
| 2020-12-31 | €34.96 Million | +12.06% |
| 2019-12-31 | €31.20 Million | +0.66% |
| 2018-12-31 | €30.99 Million | +2.20% |
| 2017-12-31 | €30.32 Million | +51.81% |
| 2016-12-31 | €19.98 Million | +11.47% |
| 2015-12-31 | €17.92 Million | +152.75% |
| 2014-12-31 | €7.09 Million | +42.78% |
| 2013-12-31 | €4.97 Million | -- |