24SevenOffice Scandinavia AB
Done.ai Group AB provides cloud-based AI"accounting/enterprise resource planning platform to automate business administration and allow for data driven decision making for small, medium, and large companies in Norway, Sweden, rest of Europe, Canada, and internationally. The company was formerly known as 24SevenOffice Group AB (publ) and changed its name to Done.ai Group AB in April 2025. Done.ai … Read more
24SevenOffice Scandinavia AB (247) - Total Assets
Latest total assets as of March 2025: Skr1.55 Billion SEK
Based on the latest financial reports, 24SevenOffice Scandinavia AB (247) holds total assets worth Skr1.55 Billion SEK as of March 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.
24SevenOffice Scandinavia AB - Total Assets Trend (2020–2024)
This chart illustrates how 24SevenOffice Scandinavia AB’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
24SevenOffice Scandinavia AB - Asset Composition Analysis
Current Asset Composition (December 2024)
24SevenOffice Scandinavia AB's total assets of Skr1.55 Billion consist of 99.2% current assets and 0.8% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 98.8% |
| Accounts Receivable | Skr7.33 Million | 0.3% |
| Inventory | Skr0.00 | 0.0% |
| Property, Plant & Equipment | Skr0.00 | 0.0% |
| Intangible Assets | Skr16.00 Million | 0.7% |
| Goodwill | Skr1.56 Million | 0.1% |
Asset Composition Trend (2020–2024)
This chart illustrates how 24SevenOffice Scandinavia AB'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: 24SevenOffice Scandinavia AB's current assets represent 99.2% of total assets in 2024, an increase from 84.2% in 2020.
- Cash Position: Cash and equivalents constituted 98.8% of total assets in 2024, up from 72.6% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 4.0% in 2020.
- Asset Diversification: The largest asset category is intangible assets at 0.7% of total assets.
24SevenOffice Scandinavia AB Competitors by Total Assets
Key competitors of 24SevenOffice Scandinavia AB 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 |
24SevenOffice Scandinavia AB - 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
Lower asset utilization - 24SevenOffice Scandinavia AB generates 0.18x 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, 24SevenOffice Scandinavia AB generates $ 82.22 in net profit.
24SevenOffice Scandinavia AB - 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 | 13.45 | 1.42 | 2.50 |
| Quick Ratio | 13.45 | 1.42 | 2.50 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Skr1.35 Billion | Skr 52.46 Million | Skr 171.76 Million |
24SevenOffice Scandinavia AB - Advanced Valuation Insights
This section examines the relationship between 24SevenOffice Scandinavia AB'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 | 0.49 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 396.9% |
| Total Assets | Skr2.31 Billion |
| Market Capitalization | $11.74 Million USD |
Valuation Analysis
Below Book Valuation: The market values 24SevenOffice Scandinavia AB's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: 24SevenOffice Scandinavia AB's assets grew by 396.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for 24SevenOffice Scandinavia AB (2020–2024)
The table below shows the annual total assets of 24SevenOffice Scandinavia AB from 2020 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Skr2.31 Billion | +396.86% |
| 2023-12-31 | Skr464.68 Million | -25.91% |
| 2022-12-31 | Skr627.16 Million | -20.02% |
| 2021-12-31 | Skr784.13 Million | +71.69% |
| 2020-12-31 | Skr456.72 Million | -- |