24SevenOffice Scandinavia AB (247) - Total Assets

Latest as of March 2025: Skr1.55 Billion SEK ≈ $166.54 Million USD

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.

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. Also see 24SevenOffice Scandinavia AB stock valuation for the company's overall valuation and market capitalisation.

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. Review total liabilities of 24SevenOffice Scandinavia AB to assess the company's total debt and financial obligations.

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. See latest 24SevenOffice Scandinavia AB stock price today for real-time trading data and today's change.

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
Beijing Kingsoft Office Software In
SHG:688111
China CN¥20.22 Billion
Xero Ltd
AU:XRO
Australia AU$6.10 Billion
Webull Corp
NASDAQ:BULL
USA $3.88 Billion
Douzone Bizon Co Ltd
KO:012510
Korea ₩1.15 Trillion
Shanghai Suochen Information Technology Co. Ltd. A
SHG:688507
China CN¥3.41 Billion
Beijing Topnew Info And Tech Co Ltd
SHE:300895
China CN¥948.32 Million
TRUSTPILOT GROUP LS -01
F:6VZ
Germany €127.51 Million
Beijing Global Safety Technology Co Ltd
SHE:300523
China CN¥3.97 Billion

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

ST:247 Sweden Software - Application
Market Cap
$67.95 Million
Skr631.37 Million SEK
Market Cap Rank
#20815 Global
#371 in Sweden
Share Price
Skr9.29
Change (1 day)
-15.24%
52-Week Range
Skr5.72 - Skr12.54
All Time High
Skr52.00
About

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