Harm Reduction Group AB
Harm Reduction Group AB (publ) provides legal nicotine products as a substitute for the harmful tobacco smoking. It also offers electronic cigarettes. The company offer its products under Norse, IVG, Aroma King, and other brands. It sells its products through physical stores, e-commerce, brands, and retail sales. The company was formerly known as Norse Impact AB (publ) and changed its name to Har… Read more
Harm Reduction Group AB (NOHARM) - Total Assets
Latest total assets as of September 2023: Skr160.69 Million SEK
Based on the latest financial reports, Harm Reduction Group AB (NOHARM) holds total assets worth Skr160.69 Million SEK as of September 2023.
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.
Harm Reduction Group AB - Total Assets Trend (2020–2022)
This chart illustrates how Harm Reduction Group AB’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Harm Reduction Group AB - Asset Composition Analysis
Current Asset Composition (September 2022)
Harm Reduction Group AB's total assets of Skr160.69 Million consist of 13.6% current assets and 86.5% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 2.1% |
| Accounts Receivable | Skr56.94 Million | 35.6% |
| Inventory | Skr61.09 Million | 38.2% |
| Property, Plant & Equipment | Skr0.00 | 0.0% |
| Intangible Assets | Skr405.00K | 0.3% |
| Goodwill | Skr67.06 Million | 42.0% |
Asset Composition Trend (2020–2022)
This chart illustrates how Harm Reduction Group 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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Harm Reduction Group AB's current assets represent 13.6% of total assets in 2022, an increase from 0.0% in 2020.
- Cash Position: Cash and equivalents constituted 2.1% of total assets in 2022, up from 0.0% in 2020.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 41.0% of total assets, an increase from 0.0% in 2020.
- Asset Diversification: The largest asset category is goodwill at 42.0% of total assets.
Harm Reduction Group AB Competitors by Total Assets
Key competitors of Harm Reduction Group AB based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Cartel Blue Inc
PINK:CRTL
|
USA | $1.72 Million |
|
Gold Flora Corp
PINK:GRAMW
|
USA | $209.69 Million |
|
British American Tobacco Malaysia Bhd
KLSE:4162
|
Malaysia | RM1.26 Billion |
|
MERAVEST CAP.
DU:AEE1
|
Germany | €70.12 Million |
|
American Cannabis Company Inc
PINK:AMMJ
|
USA | $2.12 Million |
|
British American Tobacco p.l.c.
NYSE:BTI
|
USA | $109.29 Billion |
|
1606 Corp.
PINK:CBDW
|
USA | $14.60K |
|
Charlie's Holdings Inc.
OTCQB:CHUC
|
USA | $10.56 Million |
Harm Reduction Group AB - 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 - Harm Reduction Group AB generates 1.11x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Harm Reduction Group AB is currently not profitable relative to its asset base.
Harm Reduction Group 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 | 1.23 | 0.33 | 0.33 |
| Quick Ratio | 0.40 | -0.61 | -0.61 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Skr19.45 Million | Skr -43.04 Million | Skr -43.04 Million |
Harm Reduction Group AB - Advanced Valuation Insights
This section examines the relationship between Harm Reduction Group 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 | 0.17 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 199.3% |
| Total Assets | Skr159.77 Million |
| Market Capitalization | $307.16K USD |
Valuation Analysis
Below Book Valuation: The market values Harm Reduction Group AB's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Harm Reduction Group AB's assets grew by 199.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Harm Reduction Group AB (2020–2022)
The table below shows the annual total assets of Harm Reduction Group AB from 2020 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-09-30 | Skr159.77 Million | +199.28% |
| 2021-09-30 | Skr53.39 Million | -- |
| 2020-09-30 | Skr0.00 | -- |