AQ Group AB
AQ Group AB (publ) develops, manufactures, and assembles components and systems for industrial customers in Sweden, Finland, Germany, the United States of America, China, France, Poland, Italy, the Netherlands, India, Canada, and internationally. It operates through two segments, Component and System. The company offers electric cabinets for the food processing, control and power equipment for sh… Read more
AQ Group AB (AQ) - Net Assets
Latest net assets as of December 2025: Skr4.69 Billion SEK
Based on the latest financial reports, AQ Group AB (AQ) has net assets worth Skr4.69 Billion SEK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr6.91 Billion) and total liabilities (Skr2.22 Billion). 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 | Skr4.69 Billion |
| % of Total Assets | 67.84% |
| Annual Growth Rate | 18.33% |
| 5-Year Change | 78.35% |
| 10-Year Change | 220.33% |
| Growth Volatility | 11.65 |
AQ Group AB - Net Assets Trend (2000–2025)
This chart illustrates how AQ 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 AQ Group AB (2000–2025)
The table below shows the annual net assets of AQ Group AB from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr4.69 Billion | +6.28% |
| 2024-12-31 | Skr4.41 Billion | +17.26% |
| 2023-12-31 | Skr3.76 Billion | +18.27% |
| 2022-12-31 | Skr3.18 Billion | +21.00% |
| 2021-12-31 | Skr2.63 Billion | +19.97% |
| 2020-12-31 | Skr2.19 Billion | +8.71% |
| 2019-12-31 | Skr2.02 Billion | +13.04% |
| 2018-12-31 | Skr1.78 Billion | +8.49% |
| 2017-12-31 | Skr1.64 Billion | +12.30% |
| 2016-12-31 | Skr1.46 Billion | +25.09% |
| 2015-12-31 | Skr1.17 Billion | +10.85% |
| 2014-12-31 | Skr1.06 Billion | +19.18% |
| 2013-12-31 | Skr885.40 Million | +13.00% |
| 2012-12-31 | Skr783.55 Million | +13.40% |
| 2011-12-31 | Skr690.99 Million | +10.61% |
| 2010-12-31 | Skr624.70 Million | +6.51% |
| 2009-12-31 | Skr586.50 Million | +8.88% |
| 2008-12-31 | Skr538.65 Million | +26.25% |
| 2007-12-31 | Skr426.66 Million | +25.20% |
| 2006-12-31 | Skr340.79 Million | +23.79% |
| 2005-12-31 | Skr275.30 Million | +45.69% |
| 2004-12-31 | Skr188.96 Million | +58.48% |
| 2003-12-31 | Skr119.24 Million | +20.94% |
| 2002-12-31 | Skr98.59 Million | +14.55% |
| 2001-12-31 | Skr86.07 Million | +23.27% |
| 2000-12-31 | Skr69.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to AQ 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 9834.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr4.40 Billion | 94.28% |
| Common Stock | Skr37.00 Million | 0.79% |
| Other Components | Skr230.00 Million | 4.93% |
| Total Equity | Skr4.67 Billion | 100.00% |
AQ Group AB Competitors by Market Cap
The table below lists competitors of AQ Group AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenzhen CECport Technologies Co. Ltd. A
SHE:001287
|
$972.07 Million |
|
Cheil Worldwide
KO:030000
|
$972.25 Million |
|
Array Technologies Inc
NASDAQ:ARRY
|
$972.65 Million |
|
China National Gold Group Gold Jewellery Co Ltd
SHG:600916
|
$972.71 Million |
|
Posco ICT Company Ltd
KQ:022100
|
$971.22 Million |
|
Valiant Co Ltd
SHE:002643
|
$971.15 Million |
|
Cimpress plc
F:3UF
|
$970.93 Million |
|
CNA Financial Corporation
NYSE:CNA
|
$970.70 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AQ Group AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,389,000,000 to 4,667,000,000, a change of 278,000,000 (6.3%).
- Net income of 676,000,000 contributed positively to equity growth.
- Dividend payments of 146,000,000 reduced retained earnings.
- Share repurchases of 18,000,000 reduced equity.
- New share issuances of 18,000,000 increased equity.
- Other comprehensive income decreased equity by 394,000,000.
- Other factors increased equity by 142,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr676.00 Million | +14.48% |
| Dividends Paid | Skr146.00 Million | -3.13% |
| Share Repurchases | Skr18.00 Million | -0.39% |
| Share Issuances | Skr18.00 Million | +0.39% |
| Other Comprehensive Income | Skr-394.00 Million | -8.44% |
| Other Changes | Skr142.00 Million | +3.04% |
| Total Change | Skr- | 6.33% |
Book Value vs Market Value Analysis
This analysis compares AQ 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: 3.67x
- 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 5.74x to 3.67x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | Skr32.61 | Skr187.00 | x |
| 2010-12-31 | Skr34.85 | Skr187.00 | x |
| 2011-12-31 | Skr38.83 | Skr187.00 | x |
| 2012-12-31 | Skr43.49 | Skr187.00 | x |
| 2013-12-31 | Skr9.84 | Skr187.00 | x |
| 2014-12-31 | Skr11.68 | Skr187.00 | x |
| 2015-12-31 | Skr12.95 | Skr187.00 | x |
| 2016-12-31 | Skr16.15 | Skr187.00 | x |
| 2017-12-31 | Skr17.92 | Skr187.00 | x |
| 2018-12-31 | Skr19.43 | Skr187.00 | x |
| 2019-12-31 | Skr21.95 | Skr187.00 | x |
| 2020-12-31 | Skr23.85 | Skr187.00 | x |
| 2021-12-31 | Skr28.60 | Skr187.00 | x |
| 2022-12-31 | Skr34.59 | Skr187.00 | x |
| 2023-12-31 | Skr40.79 | Skr187.00 | x |
| 2024-12-31 | Skr47.85 | Skr187.00 | x |
| 2025-12-31 | Skr50.91 | Skr187.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AQ 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): 14.48%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 7.45%
- • Asset Turnover: 1.31x
- • Equity Multiplier: 1.48x
- Recent ROE (14.48%) is below the historical average (16.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 24.37% | 5.24% | 2.08x | 2.23x | Skr9.90 Million |
| 2001 | 16.34% | 3.96% | 2.01x | 2.06x | Skr5.38 Million |
| 2002 | 15.19% | 4.12% | 2.01x | 1.83x | Skr5.06 Million |
| 2003 | 21.06% | 6.22% | 1.93x | 1.75x | Skr12.97 Million |
| 2004 | 41.45% | 12.63% | 1.36x | 2.42x | Skr58.77 Million |
| 2005 | 25.52% | 7.05% | 1.86x | 1.94x | Skr42.47 Million |
| 2006 | 22.53% | 6.05% | 1.80x | 2.07x | Skr42.35 Million |
| 2007 | 20.55% | 5.41% | 1.91x | 1.99x | Skr44.65 Million |
| 2008 | 20.09% | 6.18% | 1.90x | 1.71x | Skr53.96 Million |
| 2009 | 13.34% | 4.42% | 1.87x | 1.62x | Skr19.44 Million |
| 2010 | 11.05% | 3.62% | 1.72x | 1.78x | Skr6.54 Million |
| 2011 | 13.80% | 4.44% | 1.94x | 1.60x | Skr26.25 Million |
| 2012 | 12.58% | 4.56% | 1.50x | 1.84x | Skr20.19 Million |
| 2013 | 13.89% | 4.86% | 1.60x | 1.78x | Skr34.40 Million |
| 2014 | 14.24% | 5.73% | 1.56x | 1.59x | Skr44.65 Million |
| 2015 | 14.59% | 5.81% | 1.45x | 1.73x | Skr53.54 Million |
| 2016 | 16.11% | 7.15% | 1.34x | 1.68x | Skr89.22 Million |
| 2017 | 12.43% | 5.07% | 1.50x | 1.63x | Skr39.83 Million |
| 2018 | 8.50% | 3.24% | 1.51x | 1.74x | Skr-26.68 Million |
| 2019 | 12.99% | 5.10% | 1.33x | 1.92x | Skr60.10 Million |
| 2020 | 14.44% | 6.54% | 1.25x | 1.77x | Skr96.89 Million |
| 2021 | 13.99% | 6.69% | 1.16x | 1.80x | Skr104.40 Million |
| 2022 | 12.96% | 5.81% | 1.24x | 1.80x | Skr93.60 Million |
| 2023 | 16.89% | 7.05% | 1.50x | 1.59x | Skr257.80 Million |
| 2024 | 15.15% | 7.77% | 1.30x | 1.50x | Skr226.10 Million |
| 2025 | 14.48% | 7.45% | 1.31x | 1.48x | Skr209.30 Million |
Industry Comparison
This section compares AQ Group AB's net assets metrics with peer companies in the Electrical Equipment & Parts industry.
Industry Context
- Industry: Electrical Equipment & Parts
- Average net assets among peers: $287,065,554
- Average return on equity (ROE) among peers: -74.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AQ Group AB (AQ) | Skr4.69 Billion | 24.37% | 0.47x | $971.92 Million |
| Alelion Energy Systems AB (ALELIO) | $7.47 Million | -456.49% | 1.25x | $560.82K |
| Ctek AB (CTEK) | $655.00 Million | 0.67% | 1.39x | $45.72 Million |
| Fagerhult AB (FAG) | $411.70 Million | 22.44% | 0.77x | $213.11 Million |
| Ferroamp Elektronik AB (FERRO) | $208.72 Million | -10.95% | 0.38x | $18.85 Million |
| Garo AB (GARO) | $551.50 Million | 30.23% | 0.70x | $26.75 Million |
| Heliospectra publ AB (HELIO) | $11.54 Million | -213.98% | 3.35x | $987.06K |
| Intellego Technologies AB (INT) | $4.34 Million | 75.56% | 0.36x | $119.02 Million |
| Nilar International AB (NILAR) | $275.76 Million | -92.58% | 1.05x | $1.33 Million |
| Powercell Sweden (PCELL) | $457.56 Million | -25.49% | 0.23x | $84.61 Million |