I-Tech
I-Tech AB, a biotechnology company, develops, markets, and sells antifouling coating products in Sweden. The company offers Selektope, an organic, metal-free biocide used as a component in marine antifouling paints to prevent barnacles from settling on coated surfaces. It serves cleantech sector and marine paint industry. I-Tech AB was founded in 1990 and is based in Mölndal, Sweden.
I-Tech (ITECH) - Total Assets
Latest total assets as of December 2025: Skr193.73 Million SEK
Based on the latest financial reports, I-Tech (ITECH) holds total assets worth Skr193.73 Million SEK as of December 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.
I-Tech - Total Assets Trend (2015–2025)
This chart illustrates how I-Tech’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
I-Tech - Asset Composition Analysis
Current Asset Composition (December 2025)
I-Tech's total assets of Skr193.73 Million consist of 90.9% current assets and 9.1% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 76.5% |
| Accounts Receivable | Skr18.59 Million | 9.6% |
| Inventory | Skr9.44 Million | 4.9% |
| Property, Plant & Equipment | Skr1.95 Million | 1.0% |
| Intangible Assets | Skr15.59 Million | 8.1% |
| Goodwill | Skr0.00 | 0.0% |
Asset Composition Trend (2015–2025)
This chart illustrates how I-Tech'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: I-Tech's current assets represent 90.9% of total assets in 2025, an increase from 27.0% in 2015.
- Cash Position: Cash and equivalents constituted 76.5% of total assets in 2025, up from 21.0% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 8.0% of total assets, a decrease from 72.0% in 2015.
- Asset Diversification: The largest asset category is accounts receivable at 9.6% of total assets.
I-Tech Competitors by Total Assets
Key competitors of I-Tech based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Akzo Nobel N.V
OTCQX:AKZOF
|
USA | $13.95 Billion |
|
YeSUN Tech Co.Ltd.
KQ:250930
|
Korea | ₩51.65 Billion |
|
Hangzhou Flariant Co Ltd
SHG:605566
|
China | CN¥2.55 Billion |
|
Samhwa Paint
KO:000390
|
Korea | ₩617.09 Billion |
|
DL Holdings CO. LTD.
KO:000210
|
Korea | ₩12.05 Trillion |
|
Norooholdings
KO:000320
|
Korea | ₩1.26 Trillion |
|
Noroo Holdings Co Ltd
KO:000325
|
Korea | ₩1.26 Trillion |
|
Chongqing Sanxia Paints Co Ltd
SHE:000565
|
China | CN¥1.65 Billion |
I-Tech - 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 - I-Tech generates 0.87x 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, I-Tech generates $ 17.13 in net profit.
I-Tech - 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 | 9.11 | 9.41 | 4.50 |
| Quick Ratio | 8.62 | 9.15 | 4.26 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Skr156.84 Million | Skr 132.26 Million | Skr 43.71 Million |
I-Tech - Advanced Valuation Insights
This section examines the relationship between I-Tech'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 | 3.25 |
| Latest Market Cap to Assets Ratio | 0.22 |
| Asset Growth Rate (YoY) | 11.9% |
| Total Assets | Skr193.73 Million |
| Market Capitalization | $41.86 Million USD |
Valuation Analysis
Below Book Valuation: The market values I-Tech's assets below their book value (0.22 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: I-Tech's assets grew by 11.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for I-Tech (2015–2025)
The table below shows the annual total assets of I-Tech from 2015 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | Skr193.73 Million | +11.91% |
| 2024-12-31 | Skr173.11 Million | +13.56% |
| 2023-12-31 | Skr152.44 Million | +21.56% |
| 2022-12-31 | Skr125.41 Million | +8.93% |
| 2021-12-31 | Skr115.12 Million | -4.21% |
| 2020-12-31 | Skr120.18 Million | -8.49% |
| 2019-12-31 | Skr131.32 Million | +6.31% |
| 2018-12-31 | Skr123.53 Million | +106.13% |
| 2017-12-31 | Skr59.93 Million | -1.38% |
| 2016-12-31 | Skr60.77 Million | +23.16% |
| 2015-12-31 | Skr49.34 Million | -- |