Latvian Forest Company AB (publ)
Latvian Forest Company AB (publ) acquires and manages forest properties for private individuals and legal entities in Latvia and Lithuania. The company holds approximately 7,847 hectares of forest, agricultural, and other land. Latvian Forest Company AB (publ) was incorporated in 2009 and is based in Stockholm, Sweden.
Latvian Forest Company AB (publ) (2FD) - Net Assets
Latest net assets as of September 2025: €37.03 Million EUR
Based on the latest financial reports, Latvian Forest Company AB (publ) (2FD) has net assets worth €37.03 Million EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€44.94 Million) and total liabilities (€7.90 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €37.03 Million |
| % of Total Assets | 82.42% |
| Annual Growth Rate | 7.19% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 5.44 |
Latvian Forest Company AB (publ) - Net Assets Trend (2021–2024)
This chart illustrates how Latvian Forest Company AB (publ)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Latvian Forest Company AB (publ) (2021–2024)
The table below shows the annual net assets of Latvian Forest Company AB (publ) from 2021 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €37.53 Million | +12.27% |
| 2023-12-31 | €33.43 Million | -0.25% |
| 2022-12-31 | €33.52 Million | +9.99% |
| 2021-12-31 | €30.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Latvian Forest Company AB (publ)'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 14.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €22.95 Million | 61.15% |
| Other Components | €14.58 Million | 38.85% |
| Total Equity | €37.53 Million | 100.00% |
Latvian Forest Company AB (publ) Competitors by Market Cap
The table below lists competitors of Latvian Forest Company AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hun Yenilenebilir Enerji Uretim AS
IS:HUNER
|
$19.46 Million |
|
Borlease Otomotiv A.S.
IS:BORLS
|
$19.46 Million |
|
Consolidated Finvest & Holdings Limited
NSE:CONSOFINVT
|
$19.46 Million |
|
Pintec Technology Holdings Ltd
NASDAQ:PT
|
$19.46 Million |
|
Garden Stage Limited Ordinary Shares
NASDAQ:GSIW
|
$19.45 Million |
|
EyeGene Inc
KQ:185490
|
$19.44 Million |
|
Pusan Cast Iron Co., Ltd.
KO:005030
|
$19.44 Million |
|
TINYBUILD REGSCAT3 DL-001
F:8Z3
|
$19.43 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Latvian Forest Company AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 33,430,700 to 37,531,100, a change of 4,100,400 (12.3%).
- Net income of 1,787,200 contributed positively to equity growth.
- New share issuances of 2,313,200 increased equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €1.79 Million | +4.76% |
| Share Issuances | €2.31 Million | +6.16% |
| Total Change | €- | 12.27% |
Book Value vs Market Value Analysis
This analysis compares Latvian Forest Company AB (publ)'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.71x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | €0.91 | €0.67 | x |
| 2022-12-31 | €0.91 | €0.67 | x |
| 2023-12-31 | €0.91 | €0.67 | x |
| 2024-12-31 | €0.94 | €0.67 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Latvian Forest Company AB (publ) utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.76%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 152.99%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 1.21x
- Recent ROE (4.76%) is below the historical average (9.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 27.12% | 1201.34% | 0.02x | 1.23x | €5.22 Million |
| 2022 | 6.56% | 107.55% | 0.05x | 1.22x | €-1.15 Million |
| 2023 | 0.82% | 20.20% | 0.03x | 1.28x | €-3.07 Million |
| 2024 | 4.76% | 152.99% | 0.03x | 1.21x | €-1.97 Million |
Industry Comparison
This section compares Latvian Forest Company AB (publ)'s net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,304,402,269
- Average return on equity (ROE) among peers: 3.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Latvian Forest Company AB (publ) (2FD) | €37.03 Million | 27.12% | 0.21x | $19.45 Million |
| Intea Fastigheter AB (publ) (1DZ0) | $8.99 Billion | 10.06% | 1.40x | $1.74 Billion |
| The RMR Group Inc (26R) | $289.66 Million | 14.60% | 0.32x | $202.36 Million |
| PHN (2PN) | $2.05 Billion | 2.33% | 0.36x | $30.54 Million |
| AMASTEN (4M2B) | $17.10 Million | -53.22% | 0.33x | $207.35 Million |
| ZUEBLIN IMMO.H.NAM.SF22,5 (61Z1) | $138.51 Million | 3.84% | 0.68x | $135.94 Million |
| Accentro Real Estate AG (A4Y) | $153.70 Million | 13.11% | 1.26x | $104.15 |
| Hasen-Immobilien AG (ABHA) | $62.88 Million | 26.88% | 3.42x | $6.07 Million |
| AGROB Immobilien AG (AGR3) | $32.34 Million | 0.04% | 3.66x | $55.86 Million |
| The Grounds Real Estate Development AG (AMM) | $7.44 Million | 15.96% | 2.76x | $6.03 Million |