Vitec Software Group AB (publ) (VIT-B) - Total Assets
Based on the latest financial reports, Vitec Software Group AB (publ) (VIT-B) holds total assets worth Skr10.27 Billion SEK (≈ $1.11 Billion USD) as of December 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. See net assets of Vitec Software Group AB (publ) for net asset value and shareholders' equity analysis.
Vitec Software Group AB (publ) - Total Assets Trend (2008–2025)
This chart illustrates how Vitec Software Group AB (publ)'s total assets have evolved over time, based on quarterly financial data.
Vitec Software Group AB (publ) - Asset Composition Analysis
Current Asset Composition (December 2025)
Vitec Software Group AB (publ)'s total assets of Skr10.27 Billion consist of 11.1% current assets and 88.9% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr416.51 Million | 4.1% |
| Accounts Receivable | Skr724.66 Million | 7.1% |
| Inventory | Skr3.67 Million | 0.0% |
| Property, Plant & Equipment | Skr233.07 Million | 2.3% |
| Intangible Assets | Skr3.54 Billion | 34.5% |
| Goodwill | Skr5.26 Billion | 51.2% |
Asset Composition Trend (2008–2025)
This chart illustrates how Vitec Software Group AB (publ)'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. For live market cap, price, and company overview, see Vitec Software Group AB (publ) (VIT-B) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Vitec Software Group AB (publ)'s current assets represent 11.1% of total assets in 2025, a decrease from 23.3% in 2008.
- Cash Position: Cash and equivalents constituted 4.1% of total assets in 2025, up from 0.0% in 2008.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 85.0% of total assets, an increase from 19.0% in 2008.
- Asset Diversification: The largest asset category is goodwill at 51.2% of total assets.
Vitec Software Group AB (publ) Competitors by Total Assets
Key competitors of Vitec Software Group AB (publ) based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Shanghai Baosight Software Co Ltd A
SHG:600845
|
China | CN¥23.04 Billion |
|
Workiva Inc
NYSE:WK
|
USA | $1.49 Billion |
|
Dave Inc
NASDAQ:DAVE
|
USA | $487.40 Million |
|
Sinosoft Co Ltd
SHG:603927
|
China | CN¥7.14 Billion |
|
ZWSOFT Guangzhou Co Ltd
SHG:688083
|
China | CN¥3.14 Billion |
|
Hangzhou Pinming Software Co. Ltd. A
SHG:688109
|
China | CN¥913.67 Million |
|
Beijing Join-Cheer Software Co Ltd
SHE:002279
|
China | CN¥2.23 Billion |
|
Changzhou Youon Pubilic Bicycle System Co Ltd
SHG:603776
|
China | CN¥4.29 Billion |
Vitec Software Group AB (publ) - 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 | 0.77 | 0.63 | 0.76 |
| Quick Ratio | 0.76 | 0.63 | 0.76 |
| Cash Ratio | 0.28 | 0.17 | 0.00 |
| Working Capital | Skr-351.10 Million | Skr-537.71 Million | Skr-144.50 Million |
Vitec Software Group AB (publ) - Advanced Valuation Insights
This section examines the relationship between Vitec Software Group AB (publ)'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 | 1.99 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 1.9% |
| Total Assets | Skr10.27 Billion |
| Market Capitalization | $1.02 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Vitec Software Group AB (publ)'s assets below their book value (0.10x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Vitec Software Group AB (publ)'s assets grew by 1.9% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Vitec Software Group AB (publ) (2008–2025)
The table below shows the annual total assets of Vitec Software Group AB (publ) from 2008 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | Skr10.27 Billion ≈ $1.11 Billion |
+1.87% |
| 2024-12-31 | Skr10.08 Billion ≈ $1.09 Billion |
+28.80% |
| 2023-12-31 | Skr7.83 Billion ≈ $842.56 Million |
+23.87% |
| 2022-12-31 | Skr6.32 Billion ≈ $680.22 Million |
+68.48% |
| 2021-12-31 | Skr3.75 Billion ≈ $403.75 Million |
+70.01% |
| 2020-12-31 | Skr2.21 Billion ≈ $237.48 Million |
+16.74% |
| 2019-12-31 | Skr1.89 Billion ≈ $203.43 Million |
+12.81% |
| 2018-12-31 | Skr1.68 Billion ≈ $180.33 Million |
+32.78% |
| 2017-12-31 | Skr1.26 Billion ≈ $135.81 Million |
+15.07% |
| 2016-12-31 | Skr1.10 Billion ≈ $118.02 Million |
+25.76% |
| 2015-12-31 | Skr872.02 Million ≈ $93.84 Million |
+12.82% |
| 2014-12-31 | Skr772.90 Million ≈ $83.18 Million |
+99.21% |
| 2013-12-31 | Skr387.98 Million ≈ $41.75 Million |
-9.59% |
| 2012-12-31 | Skr429.13 Million ≈ $46.18 Million |
+30.94% |
| 2011-12-31 | Skr327.74 Million ≈ $35.27 Million |
+11.74% |
| 2010-12-31 | Skr293.31 Million ≈ $31.56 Million |
+32.52% |
| 2009-12-31 | Skr221.32 Million ≈ $23.82 Million |
+78.34% |
| 2008-12-31 | Skr124.10 Million ≈ $13.36 Million |
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About Vitec Software Group AB (publ)
Vitec Software Group AB (publ) develops and delivers vertical market software solutions in Sweden, Denmark, Finland, Norway, the Netherlands, the United States, and internationally. The company offers software for laundry and textile rental; taxi; healthcare and social; banking and finance; automotive, transportation and machinery; media agency; pharmacy; emergency activities and field management… Read more