Absolicon Solar Collector AB Series B
Absolicon Solar Collector AB engages in the development, manufacture, and sale of solar energy systems worldwide. The company offers Absolicon T160, a solar collector that is used in various industries comprising textiles, brewery and beverages, tea, dairy, food processing, mining, desalination, chemical, pharmaceuticals, pulp and paper, and district heating; and field simulator. Absolicon Solar … Read more
Absolicon Solar Collector AB Series B (ABSL-B) - Net Assets
Latest net assets as of September 2025: Skr44.45 Million SEK
Based on the latest financial reports, Absolicon Solar Collector AB Series B (ABSL-B) has net assets worth Skr44.45 Million SEK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr49.56 Million) and total liabilities (Skr5.11 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 | Skr44.45 Million |
| % of Total Assets | 89.69% |
| Annual Growth Rate | -8.35% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 28.94 |
Absolicon Solar Collector AB Series B - Net Assets Trend (2020–2024)
This chart illustrates how Absolicon Solar Collector AB Series B's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Absolicon Solar Collector AB Series B (2020–2024)
The table below shows the annual net assets of Absolicon Solar Collector AB Series B from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr55.46 Million | -17.28% |
| 2023-12-31 | Skr67.05 Million | -38.99% |
| 2022-12-31 | Skr109.89 Million | +39.98% |
| 2021-12-31 | Skr78.50 Million | -0.12% |
| 2020-12-31 | Skr78.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Absolicon Solar Collector AB Series B'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 23887641700.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Skr354.99 Million | 640.03% |
| Total Equity | Skr55.46 Million | 100.00% |
Absolicon Solar Collector AB Series B Competitors by Market Cap
The table below lists competitors of Absolicon Solar Collector AB Series B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Orex Minerals Inc
OTCQB:ORMNF
|
$3.29 Million |
|
Greenyield Bhd
KLSE:0136
|
$3.29 Million |
|
Brüder Mannesmann Aktiengesellschaft
F:BMM
|
$3.29 Million |
|
PROXIMAR SEAFD NK-10
F:84Q
|
$3.29 Million |
|
SEI
BK:SEI
|
$3.29 Million |
|
Truong Long Engineering and Auto JSC
VN:HTL
|
$3.29 Million |
|
PT Dewi Shri Farmindo Tbk
JK:DEWI
|
$3.28 Million |
|
BioNexus Gene Lab Corp Common stock
NASDAQ:BGLC
|
$3.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Absolicon Solar Collector AB Series B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 67,047,216 to 55,464,354, a change of -11,582,862 (-17.3%).
- Net loss of 20,926,305 reduced equity.
- New share issuances of 12,427,439 increased equity.
- Other factors decreased equity by 3,083,996.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-20.93 Million | -37.73% |
| Share Issuances | Skr12.43 Million | +22.41% |
| Other Changes | Skr-3.08 Million | -5.56% |
| Total Change | Skr- | -17.28% |
Book Value vs Market Value Analysis
This analysis compares Absolicon Solar Collector AB Series B'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: 0.84x
- 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 increased from 0.16x to 0.84x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | Skr36.02 | Skr5.76 | x |
| 2021-12-31 | Skr30.08 | Skr5.76 | x |
| 2022-12-31 | Skr32.96 | Skr5.76 | x |
| 2023-12-31 | Skr11.73 | Skr5.76 | x |
| 2024-12-31 | Skr6.88 | Skr5.76 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Absolicon Solar Collector AB Series B 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): -37.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -395.62%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 1.22x
- Recent ROE (-37.73%) is above the historical average (-68.88%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -23.65% | -934.46% | 0.02x | 1.16x | Skr-26.45 Million |
| 2021 | -64.38% | -1853.41% | 0.03x | 1.21x | Skr-58.39 Million |
| 2022 | -60.09% | -1555.27% | 0.03x | 1.20x | Skr-77.01 Million |
| 2023 | -158.58% | -4337.65% | 0.03x | 1.29x | Skr-113.03 Million |
| 2024 | -37.73% | -395.62% | 0.08x | 1.22x | Skr-26.47 Million |
Industry Comparison
This section compares Absolicon Solar Collector AB Series B's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $80,136,839
- Average return on equity (ROE) among peers: -80.89%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Absolicon Solar Collector AB Series B (ABSL-B) | Skr44.45 Million | -23.65% | 0.11x | $3.29 Million |
| Gigasun AB (GIGA) | $187.14 Million | 1.61% | 2.61x | $3.91 Million |
| Midsummer AB (publ) (MIDS) | $100.27 Million | -40.18% | 2.51x | $19.38 Million |
| SolTech Energy Sweden AB (SOLT) | $4.07 Million | -282.83% | 0.88x | $1.11 Million |
| Windon Energy Group AB (WEG) | $29.06 Million | -2.16% | 0.00x | $845.84K |