Absolent Group AB
Absolent Air Care Group AB (publ) designs, develops, sells, installs, and maintains air filtration units. Its air cleaning solutions are used to separate air pollutants across a range of industries, including aerospace, automotive, chemical, electronics, pharmaceuticals, woodworking, and food, as well as in power generation, contract manufacturing, dental laboratories, hotels, and restaurants. Th… Read more
Absolent Group AB (ABSO) - Net Assets
Latest net assets as of September 2025: Skr921.61 Million SEK
Based on the latest financial reports, Absolent Group AB (ABSO) has net assets worth Skr921.61 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 (Skr1.60 Billion) and total liabilities (Skr681.89 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 | Skr921.61 Million |
| % of Total Assets | 57.47% |
| Annual Growth Rate | 28.55% |
| 5-Year Change | 174.48% |
| 10-Year Change | 470.68% |
| Growth Volatility | 25.02 |
Absolent Group AB - Net Assets Trend (2011–2024)
This chart illustrates how Absolent Group AB's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Absolent Group AB (2011–2024)
The table below shows the annual net assets of Absolent Group AB from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr943.66 Million | +17.08% |
| 2023-12-31 | Skr806.02 Million | +16.09% |
| 2022-12-31 | Skr694.29 Million | +30.99% |
| 2021-12-31 | Skr530.04 Million | +54.18% |
| 2020-12-31 | Skr343.79 Million | -19.50% |
| 2019-12-31 | Skr427.07 Million | +19.06% |
| 2018-12-31 | Skr358.70 Million | +35.07% |
| 2017-12-31 | Skr265.57 Million | +24.33% |
| 2016-12-31 | Skr213.60 Million | +29.18% |
| 2015-12-31 | Skr165.36 Million | +57.74% |
| 2014-12-31 | Skr104.83 Million | +89.45% |
| 2013-12-31 | Skr55.33 Million | +34.51% |
| 2012-12-31 | Skr41.14 Million | +14.18% |
| 2011-12-31 | Skr36.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Absolent Group 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 grown by 3953.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr840.48 Million | 89.07% |
| Common Stock | Skr3.36 Million | 0.36% |
| Other Comprehensive Income | Skr67.31 Million | 7.13% |
| Other Components | Skr32.51 Million | 3.45% |
| Total Equity | Skr943.66 Million | 100.00% |
Absolent Group AB Competitors by Market Cap
The table below lists competitors of Absolent Group AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
OSE IMMUNOTHERAPE.EO -20
F:6OP
|
$59.41 Million |
|
Enea AB
ST:ENEA
|
$59.43 Million |
|
BIOCELTIX S.A. ZY -10
F:XI3
|
$59.46 Million |
|
Meghmani Organics Limited
NSE:MOL
|
$59.47 Million |
|
Bannari Amman Sugars Limited
NSE:BANARISUG
|
$59.33 Million |
|
Haesung Industrial Co. Ltd
KQ:034810
|
$59.32 Million |
|
Lizhi Inc
NASDAQ:SOGP
|
$59.32 Million |
|
TOPTEC Co. Ltd
KQ:108230
|
$59.29 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Absolent Group AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 806,019,000 to 943,662,000, a change of 137,643,000 (17.1%).
- Net income of 143,917,000 contributed positively to equity growth.
- Dividend payments of 33,963,000 reduced retained earnings.
- Other comprehensive income increased equity by 27,689,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr143.92 Million | +15.25% |
| Dividends Paid | Skr33.96 Million | -3.6% |
| Other Comprehensive Income | Skr27.69 Million | +2.93% |
| Total Change | Skr- | 17.08% |
Book Value vs Market Value Analysis
This analysis compares Absolent Group 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: 2.23x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 54.82x to 2.23x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | Skr3.39 | Skr186.00 | x |
| 2012-12-31 | Skr3.73 | Skr186.00 | x |
| 2013-12-31 | Skr5.30 | Skr186.00 | x |
| 2014-12-31 | Skr9.69 | Skr186.00 | x |
| 2015-12-31 | Skr14.61 | Skr186.00 | x |
| 2016-12-31 | Skr18.87 | Skr186.00 | x |
| 2017-12-31 | Skr23.46 | Skr186.00 | x |
| 2018-12-31 | Skr31.68 | Skr186.00 | x |
| 2019-12-31 | Skr37.72 | Skr186.00 | x |
| 2020-12-31 | Skr30.37 | Skr186.00 | x |
| 2021-12-31 | Skr46.82 | Skr186.00 | x |
| 2022-12-31 | Skr61.33 | Skr186.00 | x |
| 2023-12-31 | Skr71.20 | Skr186.00 | x |
| 2024-12-31 | Skr83.36 | Skr186.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Absolent Group 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): 15.25%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.28%
- • Asset Turnover: 0.83x
- • Equity Multiplier: 1.78x
- Recent ROE (15.25%) is below the historical average (20.34%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | 17.60% | 3.35% | 1.23x | 4.29x | Skr2.69 Million |
| 2012 | 25.76% | 5.48% | 1.36x | 3.45x | Skr6.37 Million |
| 2013 | 31.51% | 8.32% | 1.45x | 2.61x | Skr11.90 Million |
| 2014 | 19.69% | 7.57% | 1.64x | 1.59x | Skr10.15 Million |
| 2015 | 34.56% | 14.32% | 1.75x | 1.38x | Skr40.61 Million |
| 2016 | 29.92% | 15.53% | 1.45x | 1.32x | Skr42.56 Million |
| 2017 | 24.23% | 13.09% | 1.30x | 1.42x | Skr37.80 Million |
| 2018 | 27.16% | 15.13% | 1.34x | 1.34x | Skr61.56 Million |
| 2019 | 17.34% | 7.13% | 1.01x | 2.40x | Skr31.37 Million |
| 2020 | -16.02% | -6.15% | 0.80x | 3.28x | Skr-89.47 Million |
| 2021 | 18.53% | 9.54% | 0.71x | 2.75x | Skr45.23 Million |
| 2022 | 21.86% | 11.33% | 0.80x | 2.40x | Skr82.33 Million |
| 2023 | 17.40% | 9.96% | 0.84x | 2.08x | Skr59.62 Million |
| 2024 | 15.25% | 10.28% | 0.83x | 1.78x | Skr49.55 Million |
Industry Comparison
This section compares Absolent Group AB's net assets metrics with peer companies in the Pollution & Treatment Controls industry.
Industry Context
- Industry: Pollution & Treatment Controls
- Average net assets among peers: $922,857,360
- Average return on equity (ROE) among peers: -20.33%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Absolent Group AB (ABSO) | Skr921.61 Million | 17.60% | 0.74x | $59.39 Million |
| Bawat Water Technologies AB (BAWAT) | $-20.22 Million | 0.00% | 0.00x | $4.45 Million |
| Munters Group AB (MTRS) | $4.36 Billion | 11.76% | 1.46x | $2.64 Billion |
| Qleanair Holding AB (QAIR) | $201.72 Million | -0.71% | 2.13x | $25.46 Million |
| Resqunit AB (RESQ) | $10.75 Million | -28.75% | 0.37x | $100.99 |
| Saxlund Group AB (SAXG) | $59.03 Million | -83.96% | 4.04x | $2.08 Million |