mySafety Group B
mySafety Group AB engages in the provision of insurance solutions in the Nordic market. It offers insurance coverage for ID theft and fraud. The company was formerly known as Empir Group AB (publ) and changed its name to mySafety Group AB in October 2023. mySafety Group AB was incorporated in 1987 and is headquartered in Stockholm, Sweden.
mySafety Group B (SAFETY-B) - Total Assets
Latest total assets as of September 2023: Skr354.59 Million SEK
Based on the latest financial reports, mySafety Group B (SAFETY-B) holds total assets worth Skr354.59 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.
mySafety Group B - Total Assets Trend (2008–2022)
This chart illustrates how mySafety Group B’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
mySafety Group B - Asset Composition Analysis
Current Asset Composition (December 2022)
mySafety Group B's total assets of Skr354.59 Million consist of 62.8% current assets and 37.2% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 53.6% |
| Accounts Receivable | Skr0.00 | 0.0% |
| Inventory | Skr0.00 | 0.0% |
| Property, Plant & Equipment | Skr0.00 | 0.0% |
| Intangible Assets | Skr0.00 | 0.0% |
| Goodwill | Skr0.00 | 0.0% |
Asset Composition Trend (2008–2022)
This chart illustrates how mySafety Group B'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: mySafety Group B's current assets represent 62.8% of total assets in 2022, an increase from 56.0% in 2008.
- Cash Position: Cash and equivalents constituted 53.6% of total assets in 2022, up from 35.2% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2008.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
mySafety Group B Competitors by Total Assets
Key competitors of mySafety Group B 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 |
mySafety Group B - 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
Lower asset utilization - mySafety Group B generates 0.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - mySafety Group B is currently not profitable relative to its asset base.
mySafety Group B - 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 | 1.08 | 5.73 | 1.45 |
| Quick Ratio | 1.08 | 5.73 | 1.45 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Skr16.92 Million | Skr 19.74 Million | Skr 35.86 Million |
mySafety Group B - Advanced Valuation Insights
This section examines the relationship between mySafety Group B'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 | 3.77 |
| Latest Market Cap to Assets Ratio | 1.39 |
| Asset Growth Rate (YoY) | -82.1% |
| Total Assets | Skr25.05 Million |
| Market Capitalization | $34.82 Million USD |
Valuation Analysis
Above Book Valuation: The market values mySafety Group B's assets above their book value (1.39 x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: mySafety Group B's assets decreased by 82.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for mySafety Group B (2008–2022)
The table below shows the annual total assets of mySafety Group B from 2008 to 2022.
| Year | Total Assets | Change |
|---|---|---|
| 2022-12-31 | Skr25.05 Million | -82.12% |
| 2021-12-31 | Skr140.16 Million | -34.05% |
| 2020-12-31 | Skr212.51 Million | -22.45% |
| 2019-12-31 | Skr274.02 Million | +9.13% |
| 2018-12-31 | Skr251.09 Million | +32.82% |
| 2017-12-31 | Skr189.05 Million | +72.33% |
| 2016-12-31 | Skr109.70 Million | +19.07% |
| 2015-12-31 | Skr92.13 Million | +202.46% |
| 2014-12-31 | Skr30.46 Million | -1.00% |
| 2013-12-31 | Skr30.77 Million | +15.93% |
| 2012-12-31 | Skr26.54 Million | -17.30% |
| 2011-12-31 | Skr32.09 Million | +1.35% |
| 2010-12-31 | Skr31.67 Million | -11.10% |
| 2009-12-31 | Skr35.62 Million | -11.15% |
| 2008-12-31 | Skr40.09 Million | -- |