Twiik AB
Twiik AB (publ) develops digital solutions for trainers and gyms to digitize their service offering. It offers PT-Online, digital bootcamps, and courses. The company was incorporated in 2013 and is headquartered in Malmö, Sweden.
Twiik AB (TWIIK) - Total Assets
Latest total assets as of June 2024: Skr1.04 Million SEK
Based on the latest financial reports, Twiik AB (TWIIK) holds total assets worth Skr1.04 Million SEK as of June 2024.
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.
Twiik AB - Total Assets Trend (2017–2023)
This chart illustrates how Twiik AB’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Twiik AB - Asset Composition Analysis
Current Asset Composition (December 2023)
Twiik AB's total assets of Skr1.04 Million consist of 12.7% current assets and 87.4% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 2.5% |
| Accounts Receivable | Skr1.05 Million | 10.2% |
| Inventory | Skr-1.05 Million | -10.2% |
| Property, Plant & Equipment | Skr0.00 | 0.0% |
| Intangible Assets | Skr8.93 Million | 87.0% |
| Goodwill | Skr0.00 | 0.0% |
Asset Composition Trend (2017–2023)
This chart illustrates how Twiik 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: Twiik AB's current assets represent 12.7% of total assets in 2023, an increase from 1.8% in 2017.
- Cash Position: Cash and equivalents constituted 2.5% of total assets in 2023, up from 1.4% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 86.0% of total assets, an increase from 0.0% in 2017.
- Asset Diversification: The largest asset category is intangible assets at 87.0% of total assets.
Twiik AB Competitors by Total Assets
Key competitors of Twiik AB based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
Twiik 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 - Twiik AB generates 1.24x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Twiik AB is currently not profitable relative to its asset base.
Twiik 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 | 0.11 | 0.37 | 0.16 |
| Quick Ratio | 0.11 | 0.37 | 0.16 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Skr-7.03 Million | Skr -5.72 Million | Skr -8.86 Million |
Twiik AB - Advanced Valuation Insights
This section examines the relationship between Twiik 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 | 0.15 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -52.3% |
| Total Assets | Skr10.26 Million |
| Market Capitalization | $56.19 USD |
Valuation Analysis
Below Book Valuation: The market values Twiik AB's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Twiik AB's assets decreased by 52.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Twiik AB (2017–2023)
The table below shows the annual total assets of Twiik AB from 2017 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | Skr10.26 Million | -52.28% |
| 2022-12-31 | Skr21.51 Million | -7.40% |
| 2021-12-31 | Skr23.23 Million | +25.73% |
| 2020-12-31 | Skr18.48 Million | +14.69% |
| 2019-12-31 | Skr16.11 Million | -26.95% |
| 2018-12-31 | Skr22.05 Million | +16.45% |
| 2017-12-31 | Skr18.94 Million | -- |