Afry AB Net Assets

Latest as of June 2026: Skr12.75 Billion SEK ≈ $1.37 Billion USD

Afry AB net assets. Based on the latest financial reports, Afry AB (AFRY) has net assets worth Skr12.75 Billion SEK (≈ $1.37 Billion USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr28.31 Billion ≈ $3.05 Billion USD) and total liabilities (Skr15.56 Billion ≈ $1.67 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. Also explore AFRY net asset momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Skr12.75 Billion
% of Total Assets	45.03%
Annual Growth Rate	13.34%
5-Year Change	15.34%
10-Year Change	170.0%
Growth Volatility	25.79

Net Assets of Afry AB (1997–2025)

Net assets of Afry AB from 1997 to 2025. This chart illustrates how Afry AB's net assets have evolved over time, based on quarterly financial data. See Afry AB balance sheet independence to measure how much of total assets are equity-financed.

Annual Net Assets for Afry AB (1997–2025)

The table below shows the annual net assets of Afry AB from 1997 to 2025. For live market cap and overall valuation, see AFRY market cap.

Year	Net Assets	Change
2025-12-31	Skr12.68 Billion ≈ $1.36 Billion	-3.59%
2024-12-31	Skr13.15 Billion ≈ $1.42 Billion	+5.59%
2023-12-31	Skr12.46 Billion ≈ $1.34 Billion	+2.27%
2022-12-31	Skr12.18 Billion ≈ $1.31 Billion	+10.78%
2021-12-31	Skr10.99 Billion ≈ $1.18 Billion	+8.88%
2020-12-31	Skr10.10 Billion ≈ $1.09 Billion	+7.77%
2019-12-31	Skr9.37 Billion ≈ $1.01 Billion	+71.42%
2018-12-31	Skr5.46 Billion ≈ $588.12 Million	+9.54%
2017-12-31	Skr4.99 Billion ≈ $536.90 Million	+6.24%
2016-12-31	Skr4.70 Billion ≈ $505.36 Million	+11.03%
2015-12-31	Skr4.23 Billion ≈ $455.17 Million	+6.96%
2014-12-31	Skr3.95 Billion ≈ $425.57 Million	+7.63%
2013-12-31	Skr3.67 Billion ≈ $395.40 Million	+7.39%
2012-12-31	Skr3.42 Billion ≈ $368.21 Million	+39.64%
2011-12-31	Skr2.45 Billion ≈ $263.68 Million	+3.79%
2010-12-31	Skr2.36 Billion ≈ $254.05 Million	+29.24%
2009-12-31	Skr1.83 Billion ≈ $196.57 Million	+7.53%
2008-12-31	Skr1.70 Billion ≈ $182.80 Million	+26.84%
2007-12-31	Skr1.34 Billion ≈ $144.12 Million	+22.69%
2006-12-31	Skr1.09 Billion ≈ $117.47 Million	+87.81%
2005-12-31	Skr581.18 Million ≈ $62.54 Million	+50.99%
2004-12-31	Skr384.92 Million ≈ $41.42 Million	+12.38%
2003-12-31	Skr342.52 Million ≈ $36.86 Million	+3.62%
2002-12-31	Skr330.56 Million ≈ $35.57 Million	-39.07%
2001-12-31	Skr542.50 Million ≈ $58.38 Million	-1.68%
2000-12-31	Skr551.78 Million ≈ $59.38 Million	+63.95%
1999-12-31	Skr336.56 Million ≈ $36.22 Million	-12.03%
1998-12-31	Skr382.58 Million ≈ $41.17 Million	+0.53%
1997-12-31	Skr380.56 Million ≈ $40.95 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Afry 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 15587.6% over the analyzed period, indicating profitable operations and earnings retention.

Afry AB Net Assets Breakdown (December 2025)

Afry AB net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Retained Earnings	Skr7.09 Billion	55.95%
Common Stock	Skr283.00 Million	2.23%
Other Comprehensive Income	Skr352.00 Million	2.78%
Other Components	Skr4.95 Billion	39.04%
Total Equity	Skr12.68 Billion	100.00%

Afry AB Competitors by Market Cap

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

Company	Market Cap
Acadia Healthcare Company Inc NASDAQ:ACHC	$1.52 Billion
Alexander & Baldwin Holdings Inc NYSE:ALEX	$1.52 Billion
Cury Construtora e Incorporadora S.A SA:CURY3	$1.52 Billion
SkiStar AB (publ) ST:SKIS-B	$1.52 Billion
Taiwan Secom Co Ltd TW:9917	$1.52 Billion
GPS Participações e Empreendimentos S.A SA:GGPS3	$1.52 Billion
Usha Martin Limited NSE:USHAMART	$1.52 Billion
Sichuan Injet Electric Co Ltd SHE:300820	$1.52 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 13,128,000,000 to 12,677,000,000, a change of -451,000,000 (-3.4%).
Net income of 800,000,000 contributed positively to equity growth.
Dividend payments of 680,000,000 reduced retained earnings.
Other comprehensive income decreased equity by 619,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Skr800.00 Million	+6.31%
Dividends Paid	Skr680.00 Million	-5.36%
Other Comprehensive Income	Skr-619.00 Million	-4.88%
Other Changes	Skr48.00 Million	+0.38%
Total Change	Skr-	-3.44%

Book Value vs Market Value Analysis

This analysis compares Afry 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: 1.16x
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 14.38x to 1.16x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1997-12-31	Skr9.01	Skr129.50	x
1998-12-31	Skr9.05	Skr129.50	x
1999-12-31	Skr6.92	Skr129.50	x
2000-12-31	Skr10.51	Skr129.50	x
2001-12-31	Skr9.24	Skr129.50	x
2002-12-31	Skr5.59	Skr129.50	x
2003-12-31	Skr5.98	Skr129.50	x
2004-12-31	Skr6.49	Skr129.50	x
2005-12-31	Skr9.15	Skr129.50	x
2006-12-31	Skr15.97	Skr129.50	x
2007-12-31	Skr17.86	Skr129.50	x
2008-12-31	Skr22.14	Skr129.50	x
2009-12-31	Skr23.74	Skr129.50	x
2010-12-31	Skr30.82	Skr129.50	x
2011-12-31	Skr31.97	Skr129.50	x
2012-12-31	Skr43.82	Skr129.50	x
2013-12-31	Skr40.73	Skr129.50	x
2014-12-31	Skr44.20	Skr129.50	x
2015-12-31	Skr47.06	Skr129.50	x
2016-12-31	Skr51.90	Skr129.50	x
2017-12-31	Skr55.21	Skr129.50	x
2018-12-31	Skr68.09	Skr129.50	x
2019-12-31	Skr90.03	Skr129.50	x
2020-12-31	Skr89.70	Skr129.50	x
2021-12-31	Skr97.08	Skr129.50	x
2022-12-31	Skr107.54	Skr129.50	x
2023-12-31	Skr109.97	Skr129.50	x
2024-12-31	Skr115.92	Skr129.50	x
2025-12-31	Skr111.94	Skr129.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Afry 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): 6.31%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.11%
• Asset Turnover: 0.95x
• Equity Multiplier: 2.13x
Recent ROE (6.31%) is below the historical average (15.28%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1997	11.88%	3.90%	1.54x	1.98x	Skr7.16 Million
1998	12.55%	3.67%	1.61x	2.13x	Skr9.75 Million
1999	11.09%	2.28%	1.59x	3.06x	Skr3.59 Million
2000	42.41%	13.21%	1.26x	2.56x	Skr175.92 Million
2001	10.79%	2.91%	1.54x	2.42x	Skr4.19 Million
2002	39.94%	6.66%	1.75x	3.42x	Skr95.59 Million
2003	8.81%	1.51%	1.78x	3.28x	Skr-4.08 Million
2004	7.89%	1.39%	1.67x	3.40x	Skr-8.03 Million
2005	35.17%	9.01%	1.86x	2.10x	Skr146.26 Million
2006	9.86%	3.46%	1.35x	2.11x	Skr-1.52 Million
2007	16.29%	5.63%	1.38x	2.09x	Skr84.03 Million
2008	19.18%	7.10%	1.27x	2.14x	Skr155.17 Million
2009	14.82%	5.75%	1.31x	1.98x	Skr87.45 Million
2010	30.26%	16.38%	1.10x	1.68x	Skr475.27 Million
2011	12.55%	5.97%	1.24x	1.69x	Skr62.25 Million
2012	10.13%	5.95%	0.77x	2.21x	Skr4.27 Million
2013	14.28%	6.27%	1.18x	1.93x	Skr156.65 Million
2014	13.99%	6.28%	1.21x	1.85x	Skr157.83 Million
2015	14.32%	6.14%	1.18x	1.97x	Skr182.65 Million
2016	15.52%	6.56%	1.06x	2.23x	Skr258.30 Million
2017	14.96%	5.88%	1.11x	2.29x	Skr246.80 Million
2018	15.60%	6.08%	1.06x	2.42x	Skr305.10 Million
2019	8.76%	4.15%	0.81x	2.60x	Skr-115.70 Million
2020	9.24%	4.91%	0.80x	2.34x	Skr-76.50 Million
2021	10.27%	5.62%	0.78x	2.36x	Skr29.80 Million
2022	8.00%	4.14%	0.84x	2.30x	Skr-243.60 Million
2023	8.83%	4.08%	0.96x	2.26x	Skr-145.40 Million
2024	9.36%	4.53%	0.96x	2.16x	Skr-83.80 Million
2025	6.31%	3.11%	0.95x	2.13x	Skr-467.70 Million

Industry Comparison

This section compares Afry AB's net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

Industry: Engineering & Construction
Average net assets among peers: $1,678,633,667
Average return on equity (ROE) among peers: 23.74%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Afry AB (AFRY)	Skr12.75 Billion	11.88%	1.22x	$1.52 Billion
Bravida Holding AB (BRAV)	$8.27 Billion	14.84%	1.94x	$3.44 Billion
Bygg Partner i Dalarna Holding AB (BYGGP)	$74.10 Million	42.91%	3.64x	$175.66 Million
Fasadgruppen Group AB (FG)	$150.70 Million	120.90%	5.44x	$145.42 Million
Hexicon AB (HEXI)	$4.79 Million	-188.28%	4.92x	$4.07 Million
Hifab Group AB Series B (HIFA-B)	$60.21 Million	21.18%	1.68x	$20.03 Million
Hultström Group B (HULT-B)	$60.21 Million	21.18%	1.68x	$25.20 Million
Infrea AB (INFREA)	$372.30 Million	12.30%	0.74x	$39.06 Million
Instalco Intressenter AB (INSTAL)	$553.40 Million	25.30%	1.76x	$1.20 Billion
NCC AB (publ) (NCC-A)	$5.57 Billion	143.37%	3.55x	$137.14 Million

About Afry AB

ST:AFRY Sweden Engineering & Construction

Market Cap

$1.52 Billion

Skr14.11 Billion SEK

Market Cap Rank

#6907 Global

#113 in Sweden

Share Price

Skr129.50

Change (1 day)

-0.69%

52-Week Range

Skr99.70 - Skr163.50

All Time High

Skr273.41