Nitro Games Oyj
Nitro Games Oyj develops and publishes mobile games in the European Union, North America, the United Kingdom, and internationally. It provides development services for companies and brands. The company was incorporated in 2007 and is headquartered in Kotka, Finland.
Nitro Games Oyj (NITRO) - Total Assets
Latest total assets as of September 2025: Skr6.00 Million SEK
Based on the latest financial reports, Nitro Games Oyj (NITRO) holds total assets worth Skr6.00 Million SEK as of September 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.
Nitro Games Oyj - Total Assets Trend (2014–2024)
This chart illustrates how Nitro Games Oyj’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Nitro Games Oyj - Asset Composition Analysis
Current Asset Composition (December 2024)
Nitro Games Oyj's total assets of Skr6.00 Million consist of 47.4% current assets and 52.6% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 26.7% |
| Accounts Receivable | Skr1.56 Million | 20.7% |
| Inventory | Skr0.00 | 0.0% |
| Property, Plant & Equipment | Skr118.18K | 1.6% |
| Intangible Assets | Skr3.67 Million | 48.6% |
| Goodwill | Skr0.00 | 0.0% |
Asset Composition Trend (2014–2024)
This chart illustrates how Nitro Games Oyj'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: Nitro Games Oyj's current assets represent 47.4% of total assets in 2024, a decrease from 48.2% in 2014.
- Cash Position: Cash and equivalents constituted 26.7% of total assets in 2024, up from 0.9% in 2014.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 48.0% of total assets, an increase from 1.0% in 2014.
- Asset Diversification: The largest asset category is intangible assets at 48.6% of total assets.
Nitro Games Oyj Competitors by Total Assets
Key competitors of Nitro Games Oyj based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Giant Network Group Co Ltd
SHE:002558
|
China | CN¥18.19 Billion |
|
YOUZU Interactive Co Ltd
SHE:002174
|
China | CN¥5.78 Billion |
|
Devsisters corporation
KQ:194480
|
Korea | ₩322.33 Billion |
|
Dalian Zeus Entertainment
SHE:002354
|
China | CN¥1.98 Billion |
|
Kaiser China Holding Co Ltd
SHE:002425
|
China | CN¥3.29 Billion |
|
Kingnet Network Co Ltd
SHE:002517
|
China | CN¥13.17 Billion |
|
37 Interactive Entertainment Network Technology Group Co Ltd
SHE:002555
|
China | CN¥21.34 Billion |
|
Zhejiang Century Huatong Group Co Ltd
SHE:002602
|
China | CN¥43.23 Billion |
Nitro Games Oyj - 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 - Nitro Games Oyj generates 1.51x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Nitro Games Oyj generates $6.30 in net profit.
Nitro Games Oyj - 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 | 1.67 | 1.16 | 4.96 |
| Quick Ratio | 1.67 | 1.16 | 5.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Skr862.00K | Skr 476.65K | Skr 2.59 Million |
Nitro Games Oyj - Advanced Valuation Insights
This section examines the relationship between Nitro Games Oyj'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 | 1.67 |
| Latest Market Cap to Assets Ratio | 0.16 |
| Asset Growth Rate (YoY) | -29.3% |
| Total Assets | Skr7.54 Million |
| Market Capitalization | $1.19 Million USD |
Valuation Analysis
Below Book Valuation: The market values Nitro Games Oyj's assets below their book value (0.16 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Nitro Games Oyj's assets decreased by 29.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Nitro Games Oyj (2014–2024)
The table below shows the annual total assets of Nitro Games Oyj from 2014 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Skr7.54 Million | -29.30% |
| 2023-12-31 | Skr10.67 Million | +34.12% |
| 2022-12-31 | Skr7.95 Million | +13.22% |
| 2021-12-31 | Skr7.02 Million | +17.52% |
| 2020-12-31 | Skr5.98 Million | +71.44% |
| 2019-12-31 | Skr3.49 Million | -24.17% |
| 2018-12-31 | Skr4.60 Million | +6.98% |
| 2017-12-31 | Skr4.30 Million | +44.84% |
| 2016-12-31 | Skr2.97 Million | -19.05% |
| 2015-12-31 | Skr3.66 Million | -19.84% |
| 2014-12-31 | Skr4.57 Million | -- |