AAK AB (AAK) - Net Assets

Latest as of December 2025: Skr19.97 Billion SEK ≈ $2.15 Billion USD

Based on the latest financial reports, AAK AB (AAK) has net assets worth Skr19.97 Billion SEK (≈ $2.15 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr32.62 Billion ≈ $3.51 Billion USD) and total liabilities (Skr12.65 Billion ≈ $1.36 Billion USD). 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. Check AAK AB (AAK) liquid assets ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Skr19.97 Billion
% of Total Assets 61.21%
Annual Growth Rate 13.77%
5-Year Change 68.78%
10-Year Change 163.57%
Growth Volatility 49.01

AAK AB - Net Assets Trend (2000–2025)

This chart illustrates how AAK AB's net assets have evolved over time, based on quarterly financial data. Also explore AAK AB (AAK) total assets for the complete picture of this company's asset base.

Annual Net Assets for AAK AB (2000–2025)

The table below shows the annual net assets of AAK AB from 2000 to 2025. For live valuation and market cap data, see AAK AB market cap and net worth.

Year Net Assets Change
2025-12-31 Skr19.97 Billion
≈ $2.15 Billion		 -0.90%
2024-12-31 Skr20.15 Billion
≈ $2.17 Billion		 +17.33%
2023-12-31 Skr17.17 Billion
≈ $1.85 Billion		 +13.86%
2022-12-31 Skr15.08 Billion
≈ $1.62 Billion		 +27.49%
2021-12-31 Skr11.83 Billion
≈ $1.27 Billion		 +21.49%
2020-12-31 Skr9.74 Billion
≈ $1.05 Billion		 -6.55%
2019-12-31 Skr10.42 Billion
≈ $1.12 Billion		 +15.84%
2018-12-31 Skr9.00 Billion
≈ $968.11 Million		 +16.32%
2017-12-31 Skr7.73 Billion
≈ $832.30 Million		 +2.09%
2016-12-31 Skr7.58 Billion
≈ $815.30 Million		 +13.92%
2015-12-31 Skr6.65 Billion
≈ $715.65 Million		 +14.66%
2014-12-31 Skr5.80 Billion
≈ $624.17 Million		 +32.91%
2013-12-31 Skr4.36 Billion
≈ $469.64 Million		 +11.24%
2012-12-31 Skr3.92 Billion
≈ $422.18 Million		 +10.04%
2011-12-31 Skr3.56 Billion
≈ $383.65 Million		 +11.83%
2010-12-31 Skr3.19 Billion
≈ $343.08 Million		 +8.10%
2009-12-31 Skr2.95 Billion
≈ $317.36 Million		 +23.75%
2008-12-31 Skr2.38 Billion
≈ $256.45 Million		 -2.46%
2007-12-31 Skr2.44 Billion
≈ $262.91 Million		 +5.35%
2006-12-31 Skr2.32 Billion
≈ $249.56 Million		 -34.75%
2005-12-31 Skr3.55 Billion
≈ $382.47 Million		 +251.00%
2004-12-31 Skr1.01 Billion
≈ $108.97 Million		 +4.11%
2003-12-31 Skr972.59 Million
≈ $104.67 Million		 +6.24%
2002-12-31 Skr915.48 Million
≈ $98.52 Million		 +7.76%
2001-12-31 Skr849.58 Million
≈ $91.43 Million		 +7.08%
2000-12-31 Skr793.37 Million
≈ $85.38 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to AAK AB'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Other Components Skr19.90 Billion 100.00%
Total Equity Skr19.90 Billion 100.00%

AAK AB Competitors by Market Cap

The table below lists competitors of AAK AB ranked by their market capitalization.

Company Market Cap
FORD OTOMOT.SAN.ADR/5 TN1
F:FO9A
 $7.38 Billion
Cytokinetics Inc
NASDAQ:CYTK
 $7.39 Billion
Molson Coors Brewing Co Class B
NYSE:TAP
 $7.40 Billion
Qorvo Inc
NASDAQ:QRVO
 $7.40 Billion
Guolian Securities Co Ltd
SHG:601456
 $7.38 Billion
Sirius XM Holding Inc
NASDAQ:SIRI
 $7.37 Billion
Copenhagen Airports AS
CO:KBHL
 $7.37 Billion
Aurubis AG
XETRA:NDA
 $7.37 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in AAK AB's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 20,087,000,000 to 19,897,000,000, a change of -190,000,000 (-0.9%).
  • Net income of 3,429,000,000 contributed positively to equity growth.
  • Dividend payments of 1,298,000,000 reduced retained earnings.
  • Share repurchases of 175,000,000 reduced equity.
  • New share issuances of 175,000,000 increased equity.
  • Other comprehensive income decreased equity by 1,002,000,000.
  • Other factors decreased equity by 1,319,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Skr3.43 Billion +17.23%
Dividends Paid Skr1.30 Billion -6.52%
Share Repurchases Skr175.00 Million -0.88%
Share Issuances Skr175.00 Million +0.88%
Other Comprehensive Income Skr-1.00 Billion -5.04%
Other Changes Skr-1.32 Billion -6.63%
Total Change Skr- -0.95%

Book Value vs Market Value Analysis

This analysis compares AAK AB'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: 3.45x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 18.40x to 3.45x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2005-12-31 Skr14.32 Skr263.40 x
2006-12-31 Skr9.34 Skr263.40 x
2007-12-31 Skr9.83 Skr263.40 x
2008-12-31 Skr9.55 Skr263.40 x
2009-12-31 Skr11.93 Skr263.40 x
2010-12-31 Skr12.89 Skr263.40 x
2011-12-31 Skr14.45 Skr263.40 x
2012-12-31 Skr15.41 Skr263.40 x
2013-12-31 Skr17.13 Skr263.40 x
2014-12-31 Skr22.76 Skr263.40 x
2015-12-31 Skr26.11 Skr263.40 x
2016-12-31 Skr29.65 Skr263.40 x
2017-12-31 Skr30.21 Skr263.40 x
2018-12-31 Skr35.11 Skr263.40 x
2019-12-31 Skr40.74 Skr263.40 x
2020-12-31 Skr37.67 Skr263.40 x
2021-12-31 Skr45.73 Skr263.40 x
2022-12-31 Skr58.08 Skr263.40 x
2023-12-31 Skr65.95 Skr263.40 x
2024-12-31 Skr77.09 Skr263.40 x
2025-12-31 Skr76.36 Skr263.40 x

Capital Efficiency Dashboard

This dashboard shows how efficiently AAK AB 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): 17.23%
  • The company demonstrates strong efficiency in generating profits from shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 7.45%
  • • Asset Turnover: 1.41x
  • • Equity Multiplier: 1.64x
  • Recent ROE (17.23%) is above the historical average (14.18%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2005 -1.34% -1.57% 0.44x 1.95x Skr-397.40 Million
2006 7.48% 1.56% 1.58x 3.03x Skr-57.70 Million
2007 13.24% 2.45% 1.47x 3.68x Skr78.10 Million
2008 -0.17% -0.02% 1.55x 4.73x Skr-238.30 Million
2009 28.80% 5.31% 1.87x 2.91x Skr550.30 Million
2010 19.79% 4.23% 1.60x 2.92x Skr309.60 Million
2011 17.03% 3.62% 1.67x 2.81x Skr249.30 Million
2012 16.41% 3.78% 1.73x 2.50x Skr250.10 Million
2013 16.91% 4.43% 1.65x 2.32x Skr299.00 Million
2014 15.27% 4.93% 1.42x 2.17x Skr303.50 Million
2015 14.14% 4.64% 1.45x 2.11x Skr273.30 Million
2016 13.33% 4.55% 1.28x 2.28x Skr250.80 Million
2017 15.58% 4.52% 1.57x 2.20x Skr427.60 Million
2018 14.84% 4.79% 1.53x 2.02x Skr431.20 Million
2019 14.39% 5.22% 1.24x 2.22x Skr453.30 Million
2020 16.12% 5.60% 1.25x 2.30x Skr593.10 Million
2021 12.20% 4.05% 1.31x 2.31x Skr258.70 Million
2022 11.77% 3.51% 1.48x 2.26x Skr266.40 Million
2023 17.21% 6.40% 1.51x 1.78x Skr1.23 Billion
2024 17.60% 7.85% 1.31x 1.71x Skr1.53 Billion
2025 17.23% 7.45% 1.41x 1.64x Skr1.44 Billion

Industry Comparison

This section compares AAK AB's net assets metrics with peer companies in the Packaged Foods industry.

Industry Context

  • Industry: Packaged Foods
  • Average net assets among peers: $1,737,310,358
  • Average return on equity (ROE) among peers: 4.41%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
AAK AB (AAK) Skr19.97 Billion -1.34% 0.63x $7.38 Billion
Humble Group AB (HUMBLE) $4.89 Billion 0.35% 0.80x $352.54 Million
Lohilo Foods AB (LOHILO) $4.04 Million 47.61% 2.15x $6.57 Million
Midsona AB (publ) (MSON-A) $710.00 Million 7.18% 0.65x $624.80K
Midsona AB (publ) (MSON-B) $877.00 Million 7.53% 0.77x $192.72 Million
New Nordic Healthbrands AB (publ) (NNH) $8.47 Million -48.23% 9.83x $10.73 Million
Scandi Standard publ AB (SCST) $1.06 Billion 26.57% 0.99x $1.05 Billion
Swedencare publ AB (SECARE) $8.03 Billion 1.23% 0.28x $462.72 Million
Skane mollan AB (SKMO) $57.00 Million 19.30% 0.62x $65.11 Million
Premium Snacks Nordic AB (SNX) $4.38 Million -21.88% 1.84x $61.70 Million

About AAK AB

ST:AAK Sweden Packaged Foods
Market Cap
$7.38 Billion
Skr68.60 Billion SEK
Market Cap Rank
#2756 Global
#41 in Sweden
Share Price
Skr263.40
Change (1 day)
-2.01%
52-Week Range
Skr222.40 - Skr284.00
All Time High
Skr340.00
Categories
Companies in Sweden Packaged Foods
About

AAK AB (publ.) develops and sells plant-based oils and fats in Sweden and internationally. It operates through Food Ingredients, Chocolate & Confectionery Fats, and Technical Products & Feed segments. The company offers food ingredients for bakery, dairy, nutrition, plant-based, and foodservice industries; chocolate and confectionery fats that serves the manufacturers of chocolate, spreads, and f… Read more