Kinnevik AB Series A
Kinnevik AB is a venture capital firm specializing in investments in early to late venture and growth capital. The firm also prefers indirect investments in venture capital funds. It prefers to invest in digital consumer business, education, communication, e-commerce and marketplaces, entertainment, healthcare, and financial services but may also invest in other areas. The firm invests worldwide,… Read more
Kinnevik AB Series A (0RGZ) - Net Assets
Latest net assets as of December 2025: Skr35.87 Billion SEK
Based on the latest financial reports, Kinnevik AB Series A (0RGZ) has net assets worth Skr35.87 Billion SEK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr38.12 Billion) and total liabilities (Skr2.25 Billion). 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 | Skr35.87 Billion |
| % of Total Assets | 94.11% |
| Annual Growth Rate | 11.46% |
| 5-Year Change | -50.45% |
| 10-Year Change | -50.48% |
| Growth Volatility | 96.98 |
Kinnevik AB Series A - Net Assets Trend (2002–2025)
This chart illustrates how Kinnevik AB Series A's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kinnevik AB Series A (2002–2025)
The table below shows the annual net assets of Kinnevik AB Series A from 2002 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr35.87 Billion | -8.49% |
| 2024-12-31 | Skr39.20 Billion | -18.60% |
| 2023-12-31 | Skr48.16 Billion | -8.97% |
| 2022-12-31 | Skr52.91 Billion | -26.92% |
| 2021-12-31 | Skr72.39 Billion | -35.17% |
| 2020-12-31 | Skr111.67 Billion | +52.36% |
| 2019-12-31 | Skr73.30 Billion | +3.96% |
| 2018-12-31 | Skr70.50 Billion | -22.21% |
| 2017-12-31 | Skr90.63 Billion | +25.12% |
| 2016-12-31 | Skr72.43 Billion | -13.22% |
| 2015-12-31 | Skr83.46 Billion | -0.88% |
| 2014-12-31 | Skr84.21 Billion | +28.92% |
| 2013-12-31 | Skr65.32 Billion | +11.39% |
| 2012-12-31 | Skr58.64 Billion | -1.75% |
| 2011-12-31 | Skr59.69 Billion | +9.67% |
| 2010-12-31 | Skr54.42 Billion | +30.59% |
| 2009-12-31 | Skr41.67 Billion | +77.11% |
| 2008-12-31 | Skr23.53 Billion | -53.19% |
| 2007-12-31 | Skr50.27 Billion | +46.03% |
| 2006-12-31 | Skr34.42 Billion | +47.73% |
| 2005-12-31 | Skr23.30 Billion | +15.87% |
| 2004-12-31 | Skr20.11 Billion | +460.19% |
| 2003-12-31 | Skr3.59 Billion | +21.44% |
| 2002-12-31 | Skr2.96 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kinnevik AB Series A'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 grown by 2700400000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr27.00 Billion | 75.28% |
| Common Stock | Skr28.00 Million | 0.08% |
| Other Components | Skr8.84 Billion | 24.64% |
| Total Equity | Skr35.87 Billion | 100.00% |
Kinnevik AB Series A Competitors by Market Cap
The table below lists competitors of Kinnevik AB Series A ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen Clou Electronics Co Ltd
SHE:002121
|
$1.31 Billion |
|
Kingclean Electric Co Ltd
SHG:603355
|
$1.31 Billion |
|
Fujian Aonong Biological Technology Group Incorporation Ltd
SHG:603363
|
$1.31 Billion |
|
Dynapack International Technology
TWO:3211
|
$1.31 Billion |
|
Liberty Latin America Ltd
NASDAQ:LILA
|
$1.31 Billion |
|
Aperam SA
OTCGREY:APMSF
|
$1.31 Billion |
|
Embracer Group AB
PINK:THQQF
|
$1.31 Billion |
|
Dalian Zeus Entertainment
SHE:002354
|
$1.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kinnevik AB Series A's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 39,202,000,000 to 35,872,000,000, a change of -3,330,000,000 (-8.5%).
- Net loss of 3,346,000,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-3.35 Billion | -9.33% |
| Other Changes | Skr16.00 Million | +0.04% |
| Total Change | Skr- | -8.49% |
Book Value vs Market Value Analysis
This analysis compares Kinnevik AB Series A'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: 0.46x
- 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.
- The price-to-book ratio has decreased from 1.55x to 0.46x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | Skr38.08 | Skr58.95 | x |
| 2003-12-31 | Skr46.26 | Skr58.95 | x |
| 2004-12-31 | Skr83.05 | Skr58.95 | x |
| 2005-12-31 | Skr88.26 | Skr58.95 | x |
| 2006-12-31 | Skr130.35 | Skr58.95 | x |
| 2007-12-31 | Skr190.37 | Skr58.95 | x |
| 2008-12-31 | Skr89.34 | Skr58.95 | x |
| 2009-12-31 | Skr156.93 | Skr58.95 | x |
| 2010-12-31 | Skr196.18 | Skr58.95 | x |
| 2011-12-31 | Skr214.99 | Skr58.95 | x |
| 2012-12-31 | Skr211.09 | Skr58.95 | x |
| 2013-12-31 | Skr235.16 | Skr58.95 | x |
| 2014-12-31 | Skr303.30 | Skr58.95 | x |
| 2015-12-31 | Skr300.75 | Skr58.95 | x |
| 2016-12-31 | Skr262.63 | Skr58.95 | x |
| 2017-12-31 | Skr329.02 | Skr58.95 | x |
| 2018-12-31 | Skr255.61 | Skr58.95 | x |
| 2019-12-31 | Skr265.10 | Skr58.95 | x |
| 2020-12-31 | Skr402.65 | Skr58.95 | x |
| 2021-12-31 | Skr260.23 | Skr58.95 | x |
| 2022-12-31 | Skr189.29 | Skr58.95 | x |
| 2023-12-31 | Skr171.39 | Skr58.95 | x |
| 2024-12-31 | Skr138.97 | Skr58.95 | x |
| 2025-12-31 | Skr129.51 | Skr58.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kinnevik AB Series A 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): -9.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -33460.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.06x
- Recent ROE (-9.33%) is below the historical average (6.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 37.96% | 114.10% | 0.11x | 2.96x | Skr826.37 Million |
| 2003 | 20.92% | 63.32% | 0.11x | 2.93x | Skr392.03 Million |
| 2004 | -7.05% | -30.80% | 0.13x | 1.73x | Skr-3.43 Billion |
| 2005 | 17.58% | 88.72% | 0.14x | 1.43x | Skr1.77 Billion |
| 2006 | 33.56% | 183.17% | 0.13x | 1.39x | Skr8.11 Billion |
| 2007 | 32.19% | 210.86% | 0.12x | 1.25x | Skr11.15 Billion |
| 2008 | -109.62% | -333.79% | 0.22x | 1.53x | Skr-28.12 Billion |
| 2009 | 39.32% | 194.99% | 0.16x | 1.28x | Skr12.21 Billion |
| 2010 | 25.04% | 158.52% | 0.13x | 1.19x | Skr8.18 Billion |
| 2011 | 10.99% | 74.58% | 0.13x | 1.17x | Skr591.30 Million |
| 2012 | 0.82% | 0.00% | -0.02x | 1.07x | Skr-5.38 Billion |
| 2013 | 12.97% | 85.80% | 0.15x | 1.03x | Skr1.94 Billion |
| 2014 | 24.82% | 92.63% | 0.26x | 1.02x | Skr12.47 Billion |
| 2015 | 1.45% | 94.30% | 0.02x | 1.02x | Skr-7.14 Billion |
| 2016 | -4.78% | 0.00% | -0.05x | 1.03x | Skr-10.70 Billion |
| 2017 | 22.46% | 99.61% | 0.22x | 1.03x | Skr11.30 Billion |
| 2018 | -19.37% | 0.00% | -0.18x | 1.05x | Skr-20.71 Billion |
| 2019 | 29.43% | 99.72% | 0.28x | 1.07x | Skr14.24 Billion |
| 2020 | 36.06% | 96.98% | 0.36x | 1.04x | Skr29.11 Billion |
| 2021 | 20.41% | 99.59% | 0.19x | 1.09x | Skr7.54 Billion |
| 2022 | -36.89% | 0.00% | -0.34x | 1.09x | Skr-24.81 Billion |
| 2023 | -9.90% | 0.00% | -0.09x | 1.11x | Skr-9.58 Billion |
| 2024 | -6.69% | 0.00% | -0.06x | 1.13x | Skr-6.54 Billion |
| 2025 | -9.33% | -33460.00% | 0.00x | 1.06x | Skr-6.93 Billion |
Industry Comparison
This section compares Kinnevik AB Series A's net assets metrics with peer companies in the same industry.
Industry Context
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kinnevik AB Series A (0RGZ) | Skr35.87 Billion | 37.96% | 0.06x | $1.31 Billion |
| Nyfosa AB (0A0K) | $2.92 Billion | 39.50% | 2.88x | $973.31 Million |
| High Templar Tech Limited (0A2T) | $12.52 Billion | 4.70% | 0.13x | $255.82 Million |
| Strategy Inc (0A7O) | $51.04 Billion | -7.54% | 0.21x | $40.17 Billion |
| NACON SASU (0A9N) | $67.54 Million | 15.85% | 1.20x | $7.64 Million |
| Antin Infrastructure Partners (0AA5) | $23.79 Million | 108.98% | 1.09x | $573.10 Million |
| Truecaller AB Series B (0AA7) | $1.41 Billion | 18.30% | 0.20x | $281.60 Million |
| Brockhaus Technologies AG (0AAW) | $254.92 Million | -6.23% | 1.68x | $74.40 Million |
| Hyloris Pharmaceuticals S.A. (0AB6) | $48.06 Million | -24.09% | 0.32x | $71.96 Million |
| Kalray S.A. (0ABT) | $28.43 Million | -41.56% | 0.67x | $33.84 Million |
| Webuild S.p.A. (0BJP) | $1.43 Billion | 10.29% | 7.14x | $1.13 Billion |