Novotek AB
Novotek AB delivers solutions in the industrial IT and automation areas in Sweden, Norway, Denmark, Finland, Benelux countries, the United Kingdom, Ireland, and Switzerland. The company designs, implements, deploys, and maintains its customers' systems for production management and control. It serves the energy, infrastructure, iron and steel, chemistry and petrochemical, food, pharmaceutical, pa… Read more
Novotek AB (NTEK-B) - Total Assets
Latest total assets as of September 2025: Skr545.70 Million SEK
Based on the latest financial reports, Novotek AB (NTEK-B) holds total assets worth Skr545.70 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.
Novotek AB - Total Assets Trend (2002–2024)
This chart illustrates how Novotek AB’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Novotek AB - Asset Composition Analysis
Current Asset Composition (December 2024)
Novotek AB's total assets of Skr545.70 Million consist of 65.0% current assets and 35.0% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr148.10 Million | 22.6% |
| Accounts Receivable | Skr270.43 Million | 41.2% |
| Inventory | Skr1.94 Million | 0.3% |
| Property, Plant & Equipment | Skr29.94 Million | 4.6% |
| Intangible Assets | Skr54.40 Million | 8.3% |
| Goodwill | Skr134.23 Million | 20.5% |
Asset Composition Trend (2002–2024)
This chart illustrates how Novotek 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: Novotek AB's current assets represent 65.0% of total assets in 2024, a decrease from 82.1% in 2002.
- Cash Position: Cash and equivalents constituted 22.6% of total assets in 2024, down from 30.5% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 28.0% of total assets, an increase from 13.0% in 2002.
- Asset Diversification: The largest asset category is accounts receivable at 41.2% of total assets.
Novotek AB Competitors by Total Assets
Key competitors of Novotek AB based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shijihengtong Technology Co. Ltd. A
SHE:301428
|
China | CN¥2.48 Billion |
|
ZJBC Information Technology Co Ltd
SHE:000889
|
China | CN¥889.19 Million |
|
Yunnan Nantian Electronics Information Co Ltd
SHE:000948
|
China | CN¥8.21 Billion |
|
NetX Holdings Bhd
KLSE:0020
|
Malaysia | RM111.41 Million |
|
Guomai Technologies Inc
SHE:002093
|
China | CN¥4.63 Billion |
|
Shanghai HiTech Control System
SHE:002184
|
China | CN¥3.19 Billion |
|
SZZT Electronics Co Ltd
SHE:002197
|
China | CN¥5.70 Billion |
|
Talkweb Information System Co Ltd
SHE:002261
|
China | CN¥4.24 Billion |
Novotek 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 - Novotek AB generates 0.75x 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, Novotek AB generates $ 11.74 in net profit.
Novotek 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 | 1.16 | 1.70 |
| Quick Ratio | 1.22 | 1.15 | 1.68 |
| Cash Ratio | 0.49 | 0.40 | 0.00 |
| Working Capital | Skr59.10 Million | Skr 44.40 Million | Skr 77.17 Million |
Novotek AB - Advanced Valuation Insights
This section examines the relationship between Novotek 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 | 3.58 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | 49.5% |
| Total Assets | Skr655.83 Million |
| Market Capitalization | $37.16 Million USD |
Valuation Analysis
Below Book Valuation: The market values Novotek AB's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Novotek AB's assets grew by 49.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Novotek AB (2002–2024)
The table below shows the annual total assets of Novotek AB from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Skr655.83 Million | +49.48% |
| 2023-12-31 | Skr438.75 Million | +5.84% |
| 2022-12-31 | Skr414.55 Million | +30.02% |
| 2021-12-31 | Skr318.85 Million | +14.44% |
| 2020-12-31 | Skr278.61 Million | +16.42% |
| 2019-12-31 | Skr239.31 Million | +11.16% |
| 2018-12-31 | Skr215.28 Million | +15.65% |
| 2017-12-31 | Skr186.16 Million | +16.51% |
| 2016-12-31 | Skr159.78 Million | +8.90% |
| 2015-12-31 | Skr146.71 Million | +1.50% |
| 2014-12-31 | Skr144.54 Million | +6.98% |
| 2013-12-31 | Skr135.12 Million | +4.25% |
| 2012-12-31 | Skr129.60 Million | -14.89% |
| 2011-12-31 | Skr152.28 Million | -1.81% |
| 2010-12-31 | Skr155.10 Million | -2.31% |
| 2009-12-31 | Skr158.77 Million | -16.39% |
| 2008-12-31 | Skr189.90 Million | +12.23% |
| 2007-12-31 | Skr169.21 Million | +3.59% |
| 2006-12-31 | Skr163.34 Million | +15.28% |
| 2005-12-31 | Skr141.70 Million | +7.17% |
| 2004-12-31 | Skr132.22 Million | -5.81% |
| 2003-12-31 | Skr140.37 Million | +16.42% |
| 2002-12-31 | Skr120.58 Million | -- |