Hitech & Development Wireless Sweden Holding AB (publ)
Hitech & Development Wireless Sweden Holding AB (publ) provides technology and services within Internet of Things (IoT) and real-time location system (RTLS) in Sweden. The company offers Griffin Enterprise Positioning Services, an IoT cloud platform, which provides RTLS solutions that helps companies to digitize and visualize business processes in real-time in the fields of industry, construction… Read more
Hitech & Development Wireless Sweden Holding AB (publ) (HDW-B) - Total Assets
Latest total assets as of June 2025: Skr13.27 Million SEK
Based on the latest financial reports, Hitech & Development Wireless Sweden Holding AB (publ) (HDW-B) holds total assets worth Skr13.27 Million SEK 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.
Hitech & Development Wireless Sweden Holding AB (publ) - Total Assets Trend (2015–2024)
This chart illustrates how Hitech & Development Wireless Sweden Holding AB (publ)’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Hitech & Development Wireless Sweden Holding AB (publ) - Asset Composition Analysis
Current Asset Composition (December 2024)
Hitech & Development Wireless Sweden Holding AB (publ)'s total assets of Skr13.27 Million consist of 41.5% current assets and 58.5% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 1.9% |
| Accounts Receivable | Skr3.09 Million | 18.8% |
| Inventory | Skr3.43 Million | 20.9% |
| Property, Plant & Equipment | Skr0.00 | 0.0% |
| Intangible Assets | Skr9.40 Million | 57.1% |
| Goodwill | Skr2.64 Million | 16.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Hitech & Development Wireless Sweden Holding AB (publ)'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: Hitech & Development Wireless Sweden Holding AB (publ)'s current assets represent 41.5% of total assets in 2024, an increase from 35.6% in 2015.
- Cash Position: Cash and equivalents constituted 1.9% of total assets in 2024, up from 1.1% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 73.0% of total assets, an increase from 63.0% in 2015.
- Asset Diversification: The largest asset category is intangible assets at 57.1% of total assets.
Hitech & Development Wireless Sweden Holding AB (publ) Competitors by Total Assets
Key competitors of Hitech & Development Wireless Sweden Holding AB (publ) based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Gaon Cable
KO:000500
|
Korea | ₩1.26 Trillion |
|
Addsino Co Ltd
SHE:000547
|
China | CN¥10.22 Billion |
|
Sichuan Huiyuan Optical Com
SHE:000586
|
China | CN¥612.88 Million |
|
PetroChina Jinhong Energy Investment Co Ltd
SHE:000669
|
China | CN¥2.40 Billion |
|
Sichuan Jiuzhou Electronic Co Ltd
SHE:000801
|
China | CN¥7.33 Billion |
|
Skyworth Digital Co Ltd
SHE:000810
|
China | CN¥11.15 Billion |
|
Gohigh Data Networks Technology Co Ltd
SHE:000851
|
China | CN¥4.48 Billion |
|
Shenzhen Coship Electronics Co Ltd
SHE:002052
|
China | CN¥668.07 Million |
Hitech & Development Wireless Sweden Holding AB (publ) - 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 - Hitech & Development Wireless Sweden Holding AB (publ) generates 1.25x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Hitech & Development Wireless Sweden Holding AB (publ) is currently not profitable relative to its asset base.
Hitech & Development Wireless Sweden Holding AB (publ) - 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 | 0.76 | 0.29 | 0.31 |
| Quick Ratio | 0.62 | 0.20 | 0.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Skr-1.71 Million | Skr -26.74 Million | Skr -17.11 Million |
Hitech & Development Wireless Sweden Holding AB (publ) - Advanced Valuation Insights
This section examines the relationship between Hitech & Development Wireless Sweden Holding AB (publ)'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 | 1.23 |
| Latest Market Cap to Assets Ratio | 0.03 |
| Asset Growth Rate (YoY) | -68.5% |
| Total Assets | Skr16.46 Million |
| Market Capitalization | $480.08K USD |
Valuation Analysis
Below Book Valuation: The market values Hitech & Development Wireless Sweden Holding AB (publ)'s assets below their book value (0.03 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Hitech & Development Wireless Sweden Holding AB (publ)'s assets decreased by 68.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Hitech & Development Wireless Sweden Holding AB (publ) (2015–2024)
The table below shows the annual total assets of Hitech & Development Wireless Sweden Holding AB (publ) from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Skr16.46 Million | -68.50% |
| 2023-12-31 | Skr52.24 Million | -20.74% |
| 2022-12-31 | Skr65.92 Million | -5.97% |
| 2021-12-31 | Skr70.10 Million | -14.80% |
| 2020-12-31 | Skr82.27 Million | -10.94% |
| 2019-12-31 | Skr92.38 Million | +96.03% |
| 2018-12-31 | Skr47.12 Million | -15.54% |
| 2017-12-31 | Skr55.79 Million | +112.72% |
| 2016-12-31 | Skr26.23 Million | +19.16% |
| 2015-12-31 | Skr22.01 Million | -- |