Zignsec AB
ZignSec AB (publ) provides Software as a Service platform with digital real time solutions for customers due diligence and identity verification worldwide. Its platform offers a range of digital verification methods, such as online identity verification, identity document authentication, identity data verification, electronic IDs, identity document verification, biometric check, PEP and sanction … Read more
Zignsec AB (ZIGN) - Total Assets
Latest total assets as of September 2024: Skr157.50 Million SEK
Based on the latest financial reports, Zignsec AB (ZIGN) holds total assets worth Skr157.50 Million SEK as of September 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.
Zignsec AB - Total Assets Trend (2015–2023)
This chart illustrates how Zignsec AB’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Zignsec AB - Asset Composition Analysis
Current Asset Composition (December 2023)
Zignsec AB's total assets of Skr157.50 Million consist of 19.9% current assets and 80.2% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 7.4% |
| Accounts Receivable | Skr8.42 Million | 4.3% |
| Inventory | Skr-12.30 Million | -6.3% |
| Property, Plant & Equipment | Skr0.00 | 0.0% |
| Intangible Assets | Skr38.75 Million | 20.0% |
| Goodwill | Skr114.88 Million | 59.2% |
Asset Composition Trend (2015–2023)
This chart illustrates how Zignsec 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: Zignsec AB's current assets represent 19.9% of total assets in 2023, a decrease from 96.6% in 2015.
- Cash Position: Cash and equivalents constituted 7.4% of total assets in 2023, down from 95.4% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 78.0% of total assets, an increase from 3.0% in 2015.
- Asset Diversification: The largest asset category is goodwill at 59.2% of total assets.
Zignsec AB Competitors by Total Assets
Key competitors of Zignsec AB based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Eastcompeace Technology Co Ltd
SHE:002017
|
China | CN¥2.97 Billion |
|
Wiscom System Co Ltd
SHE:002090
|
China | CN¥3.17 Billion |
|
Topsec Technologies Group Inc
SHE:002212
|
China | CN¥10.79 Billion |
|
Focus Technology Co Ltd
SHE:002315
|
China | CN¥4.27 Billion |
|
Beijing Venustech Inc
SHE:002439
|
China | CN¥13.16 Billion |
|
Maxvision Technology Corp
SHE:002990
|
China | CN¥3.74 Billion |
|
OpenSys M Bhd
KLSE:0040
|
Malaysia | RM129.25 Million |
|
Managepay Systems Bhd
KLSE:0156
|
Malaysia | RM86.24 Million |
Zignsec 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
Moderate asset utilization - Zignsec AB generates 0.44x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Zignsec AB is currently not profitable relative to its asset base.
Zignsec 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 | 1.58 | 1.12 | 11.13 |
| Quick Ratio | 1.58 | 1.12 | 10.14 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Skr16.90 Million | Skr 4.20 Million | Skr 31.64 Million |
Zignsec AB - Advanced Valuation Insights
This section examines the relationship between Zignsec 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 | 2.28 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -30.7% |
| Total Assets | Skr194.23 Million |
| Market Capitalization | $12.47 Million USD |
Valuation Analysis
Below Book Valuation: The market values Zignsec AB's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Zignsec AB's assets decreased by 30.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Zignsec AB (2015–2023)
The table below shows the annual total assets of Zignsec AB from 2015 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | Skr194.23 Million | -30.74% |
| 2022-12-31 | Skr280.41 Million | -28.39% |
| 2021-12-31 | Skr391.56 Million | +425.62% |
| 2020-12-31 | Skr74.50 Million | +107.92% |
| 2019-12-31 | Skr35.83 Million | +197.31% |
| 2018-12-31 | Skr12.05 Million | +575.13% |
| 2017-12-31 | Skr1.78 Million | -32.51% |
| 2016-12-31 | Skr2.65 Million | -35.89% |
| 2015-12-31 | Skr4.13 Million | -- |