AGES Industri AB (publ) (AGES-B) - Net Assets
Based on the latest financial reports, AGES Industri AB (publ) (AGES-B) has net assets worth Skr306.00 Million SEK (≈ $32.93 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr676.00 Million ≈ $72.75 Million USD) and total liabilities (Skr370.00 Million ≈ $39.82 Million 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 AGES-B asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr306.00 Million |
| % of Total Assets | 45.27% |
| Annual Growth Rate | 28.24% |
| 5-Year Change | -8.26% |
| 10-Year Change | -23.72% |
| Growth Volatility | 527.83 |
AGES Industri AB (publ) - Net Assets Trend (2012–2024)
This chart illustrates how AGES Industri AB (publ)'s net assets have evolved over time, based on quarterly financial data. Also explore AGES Industri AB (publ) (AGES-B) total assets for the complete picture of this company's asset base.
Annual Net Assets for AGES Industri AB (publ) (2012–2024)
The table below shows the annual net assets of AGES Industri AB (publ) from 2012 to 2024. For live valuation and market cap data, see AGES Industri AB (publ) market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr307.00 Million ≈ $33.04 Million |
-32.89% |
| 2023-12-31 | Skr457.47 Million ≈ $49.23 Million |
+14.03% |
| 2022-12-31 | Skr401.19 Million ≈ $43.17 Million |
+9.86% |
| 2021-12-31 | Skr365.19 Million ≈ $39.30 Million |
+9.13% |
| 2020-12-31 | Skr334.63 Million ≈ $36.01 Million |
-0.12% |
| 2019-12-31 | Skr335.03 Million ≈ $36.05 Million |
-29.15% |
| 2018-12-31 | Skr472.88 Million ≈ $50.89 Million |
+6.04% |
| 2017-12-31 | Skr445.93 Million ≈ $47.99 Million |
+7.10% |
| 2016-12-31 | Skr416.37 Million ≈ $44.81 Million |
+3.45% |
| 2015-12-31 | Skr402.48 Million ≈ $43.31 Million |
+7.83% |
| 2014-12-31 | Skr373.25 Million ≈ $40.17 Million |
+19.66% |
| 2013-12-31 | Skr311.92 Million ≈ $33.57 Million |
+1910.29% |
| 2012-12-31 | Skr15.52 Million ≈ $1.67 Million |
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Equity Component Analysis
This analysis shows how different components contribute to AGES Industri AB (publ)'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 437.3% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr36.17 Million | 11.78% |
| Other Comprehensive Income | Skr4.11 Million | 1.34% |
| Other Components | Skr273.52 Million | 89.10% |
| Total Equity | Skr307.00 Million | 100.00% |
AGES Industri AB (publ) Competitors by Market Cap
The table below lists competitors of AGES Industri AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SSC Security Services Corp
V:SECU
|
$28.54 Million |
|
Zhong Yang Financial Group Limited Ordinary Shares
NASDAQ:TOP
|
$28.54 Million |
|
Ponni Sugars (Erode) Limited
NSE:PONNIERODE
|
$28.55 Million |
|
Geekay Wires Limited
NSE:GEEKAYWIRE
|
$28.55 Million |
|
Emyria Ltd
AU:EMD
|
$28.53 Million |
|
Velocity Minerals Ltd
V:VLC
|
$28.53 Million |
|
Nacon Sa
PA:NACON
|
$28.52 Million |
|
TP ICAP Group PLC
LSE:TCAP
|
$28.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AGES Industri AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 457,466,000 to 307,000,000, a change of -150,466,000 (-32.9%).
- Net loss of 156,000,000 reduced equity.
- Dividend payments of 11,000,000 reduced retained earnings.
- Share repurchases of 8,169,000 reduced equity.
- New share issuances of 8,169,000 increased equity.
- Other comprehensive income increased equity by 1,547,000.
- Other factors increased equity by 14,987,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-156.00 Million | -50.81% |
| Dividends Paid | Skr11.00 Million | -3.58% |
| Share Repurchases | Skr8.17 Million | -2.66% |
| Share Issuances | Skr8.17 Million | +2.66% |
| Other Comprehensive Income | Skr1.55 Million | +0.5% |
| Other Changes | Skr14.99 Million | +4.88% |
| Total Change | Skr- | -32.89% |
Book Value vs Market Value Analysis
This analysis compares AGES Industri AB (publ)'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: 1.14x
- 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 21.44x to 1.14x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Skr2.29 | Skr49.00 | x |
| 2013-12-31 | Skr45.94 | Skr49.00 | x |
| 2014-12-31 | Skr54.75 | Skr49.00 | x |
| 2015-12-31 | Skr58.30 | Skr49.00 | x |
| 2016-12-31 | Skr61.33 | Skr49.00 | x |
| 2017-12-31 | Skr64.17 | Skr49.00 | x |
| 2018-12-31 | Skr67.28 | Skr49.00 | x |
| 2019-12-31 | Skr47.66 | Skr49.00 | x |
| 2020-12-31 | Skr47.61 | Skr49.00 | x |
| 2021-12-31 | Skr51.96 | Skr49.00 | x |
| 2022-12-31 | Skr57.08 | Skr49.00 | x |
| 2023-12-31 | Skr63.27 | Skr49.00 | x |
| 2024-12-31 | Skr42.82 | Skr49.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AGES Industri AB (publ) 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): -50.81%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.21%
- • Asset Turnover: 1.64x
- • Equity Multiplier: 2.77x
- Recent ROE (-50.81%) is below the historical average (0.92%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | 2.74% | 0.00% | 0.00x | 1.04x | Skr-1.13 Million |
| 2013 | 15.70% | 8.05% | 0.82x | 2.37x | Skr17.77 Million |
| 2014 | 15.83% | 7.95% | 0.89x | 2.24x | Skr21.74 Million |
| 2015 | 13.88% | 6.71% | 0.95x | 2.18x | Skr15.60 Million |
| 2016 | 10.22% | 5.35% | 0.92x | 2.07x | Skr927.90K |
| 2017 | 5.88% | 2.59% | 0.91x | 2.50x | Skr-18.37 Million |
| 2018 | 7.83% | 3.37% | 1.01x | 2.30x | Skr-10.25 Million |
| 2019 | -37.83% | -12.65% | 1.10x | 2.72x | Skr-160.25 Million |
| 2020 | 0.25% | 0.10% | 0.94x | 2.59x | Skr-32.63 Million |
| 2021 | 7.02% | 2.40% | 1.07x | 2.74x | Skr-10.88 Million |
| 2022 | 8.49% | 2.58% | 1.34x | 2.46x | Skr-6.05 Million |
| 2023 | 12.75% | 3.88% | 1.44x | 2.28x | Skr12.59 Million |
| 2024 | -50.81% | -11.21% | 1.64x | 2.77x | Skr-186.70 Million |
Industry Comparison
This section compares AGES Industri AB (publ)'s net assets metrics with peer companies in the Metal Fabrication industry.
Industry Context
- Industry: Metal Fabrication
- Average net assets among peers: $102,978,871
- Average return on equity (ROE) among peers: -108.54%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AGES Industri AB (publ) (AGES-B) | Skr306.00 Million | 2.74% | 1.21x | $28.54 Million |
| Cell Impact AB (CI) | $41.38 Million | -20.74% | 0.27x | $7.75 Million |
| Nordic Flanges Group AB (NFGAB) | $29.45 Million | -40.85% | 3.44x | $5.73 Million |
| Precomp Solutions AB Series B (PCOM-B) | $5.43 Million | -523.96% | 17.32x | $2.28 Million |
| ProfilGruppen AB (publ) (PROF-B) | $324.60 Million | 22.49% | 1.29x | $75.96 Million |
| Troax Group AB (TROAX) | $114.03 Million | 20.38% | 1.15x | $685.25 Million |
About AGES Industri AB (publ)
AGES Industri AB (publ) engages in the die casting, machining, tooling, welding, and assembly of precision components. The company is involved in the die casting of aluminum; machining of materials, such as stainless steel, brass, and aluminum; robot and manual welding of precision products; and component and system assembly and testing. It also designs and produces casting tools. AGES Industri A… Read more