24SevenOffice Scandinavia AB (247) - Total Assets
Based on the latest financial reports, 24SevenOffice Scandinavia AB (247) holds total assets worth Skr1.55 Billion SEK (≈ $166.54 Million USD) 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. Check 247 capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
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. Check 247 operating cash flow to net income to evaluate the quality of earnings relative to operating cash generation.
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. For live market cap, price, and company overview, see 247 market cap.
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 |
|---|---|---|
|
Shenzhen Intellifusion Technologies Co. Ltd. A
SHG:688343
|
China | CN¥5.58 Billion |
|
Navan, Inc. Class A Common Stock
NASDAQ:NAVN
|
USA | $1.71 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥15.06 Billion |
|
Navinfo Co Ltd
SHE:002405
|
China | CN¥11.74 Billion |
|
Beijing Topnew Info And Tech Co Ltd
SHE:300895
|
China | CN¥948.32 Million |
|
Anhui Wantong Technology Co Ltd
SHE:002331
|
China | CN¥3.12 Billion |
|
Shandong Shanda Oumasoft CO.LTD.
SHE:301185
|
China | CN¥1.13 Billion |
|
Shoper S.A.
WAR:SHO
|
Poland | zł141.73 Million |
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 | Skr52.46 Million | Skr171.76 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 | 0.03 |
| Asset Growth Rate (YoY) | 396.9% |
| Total Assets | Skr2.31 Billion |
| Market Capitalization | $67.95 Million USD |
Valuation Analysis
Below Book Valuation: The market values 24SevenOffice Scandinavia AB's assets below their book value (0.03x), 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 ≈ $248.46 Million |
+396.86% |
| 2023-12-31 | Skr464.68 Million ≈ $50.01 Million |
-25.91% |
| 2022-12-31 | Skr627.16 Million ≈ $67.49 Million |
-20.02% |
| 2021-12-31 | Skr784.13 Million ≈ $84.39 Million |
+71.69% |
| 2020-12-31 | Skr456.72 Million ≈ $49.15 Million |
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About 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