Arctic Gold Publ AB
Arctic Minerals AB (publ) operates as a mineral exploration and development company in Sweden, Norway, and Finland. The company explores for copper, gold, and critical minerals deposits. The company was incorporated in 1999 and is based in Uppsala, Sweden.
Arctic Gold Publ AB (ARCT) - Net Assets
Latest net assets as of June 2025: Skr111.64 Million SEK
Based on the latest financial reports, Arctic Gold Publ AB (ARCT) has net assets worth Skr111.64 Million SEK as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr120.22 Million) and total liabilities (Skr8.58 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 | Skr111.64 Million |
| % of Total Assets | 92.86% |
| Annual Growth Rate | 22.0% |
| 5-Year Change | 128.08% |
| 10-Year Change | 205.77% |
| Growth Volatility | 131.85 |
Arctic Gold Publ AB - Net Assets Trend (2005–2024)
This chart illustrates how Arctic Gold Publ 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 Arctic Gold Publ AB (2005–2024)
The table below shows the annual net assets of Arctic Gold Publ AB from 2005 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr102.73 Million | +111.02% |
| 2023-12-31 | Skr48.68 Million | -6.60% |
| 2022-12-31 | Skr52.12 Million | -21.06% |
| 2021-12-31 | Skr66.03 Million | +46.61% |
| 2020-12-31 | Skr45.04 Million | -31.84% |
| 2019-12-31 | Skr66.08 Million | +12.03% |
| 2018-12-31 | Skr58.98 Million | +23.17% |
| 2017-12-31 | Skr47.89 Million | +60.24% |
| 2016-12-31 | Skr29.88 Million | -11.05% |
| 2015-12-31 | Skr33.60 Million | -39.24% |
| 2014-12-31 | Skr55.30 Million | -0.97% |
| 2013-12-31 | Skr55.84 Million | -4.27% |
| 2012-12-31 | Skr58.33 Million | -7.63% |
| 2011-12-31 | Skr63.15 Million | +8.06% |
| 2010-12-31 | Skr58.44 Million | +547.12% |
| 2009-12-31 | Skr9.03 Million | +233.29% |
| 2008-12-31 | Skr2.71 Million | +7.40% |
| 2007-12-31 | Skr2.52 Million | -8.98% |
| 2006-12-31 | Skr2.77 Million | +17.96% |
| 2005-12-31 | Skr2.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Arctic Gold Publ 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 decreased by 3935.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr1.60 Million | 1.56% |
| Other Comprehensive Income | Skr-45.49 Million | -44.28% |
| Other Components | Skr192.10 Million | 187.00% |
| Total Equity | Skr102.73 Million | 100.00% |
Arctic Gold Publ AB Competitors by Market Cap
The table below lists competitors of Arctic Gold Publ AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Texas Rare Earth Resources Corp
OTCQB:TMRC
|
$28.19 Million |
|
Paratech Company Limited
KQ:033540
|
$28.19 Million |
|
Inversiones Doalca SOCIMI SA
MC:YDOA
|
$28.20 Million |
|
T Man Pharmaceutical PCL
BK:TMAN
|
$28.20 Million |
|
Lebledor F&B Co., Ltd.
TWO:7757
|
$28.17 Million |
|
Apollo Minerals Ltd
AU:AON
|
$28.17 Million |
|
Bonterra Resources Inc
OTCQX:BONXF
|
$28.17 Million |
|
Sangsangin Investment & Securities Co Ltd
KO:001290
|
$28.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Arctic Gold Publ AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 48,682,000 to 102,727,000, a change of 54,045,000 (111.0%).
- Net loss of 5,843,000 reduced equity.
- Share repurchases of 14,366,000 reduced equity.
- New share issuances of 14,366,000 increased equity.
- Other comprehensive income increased equity by 8,085,999.
- Other factors increased equity by 51,802,001.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-5.84 Million | -5.69% |
| Share Repurchases | Skr14.37 Million | -13.98% |
| Share Issuances | Skr14.37 Million | +13.98% |
| Other Comprehensive Income | Skr8.09 Million | +7.87% |
| Other Changes | Skr51.80 Million | +50.43% |
| Total Change | Skr- | 111.02% |
Book Value vs Market Value Analysis
This analysis compares Arctic Gold Publ 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: 9.56x
- 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 25.77x to 9.56x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Skr0.23 | Skr5.90 | x |
| 2009-12-31 | Skr5.02 | Skr5.90 | x |
| 2010-12-31 | Skr15.16 | Skr5.90 | x |
| 2011-12-31 | Skr5.44 | Skr5.90 | x |
| 2012-12-31 | Skr5.15 | Skr5.90 | x |
| 2013-12-31 | Skr4.02 | Skr5.90 | x |
| 2014-12-31 | Skr2.93 | Skr5.90 | x |
| 2015-12-31 | Skr1.56 | Skr5.90 | x |
| 2016-12-31 | Skr1.39 | Skr5.90 | x |
| 2017-12-31 | Skr1.48 | Skr5.90 | x |
| 2018-12-31 | Skr9.11 | Skr5.90 | x |
| 2019-12-31 | Skr0.84 | Skr5.90 | x |
| 2020-12-31 | Skr0.49 | Skr5.90 | x |
| 2021-12-31 | Skr0.47 | Skr5.90 | x |
| 2022-12-31 | Skr0.35 | Skr5.90 | x |
| 2023-12-31 | Skr0.31 | Skr5.90 | x |
| 2024-12-31 | Skr0.62 | Skr5.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Arctic Gold Publ 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): -5.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -38953.33%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.08x
- Recent ROE (-5.69%) is above the historical average (-12.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -9.78% | -3785.71% | 0.00x | 1.19x | Skr-535.96K |
| 2009 | -17.43% | -53.76% | 0.29x | 1.11x | Skr-2.48 Million |
| 2010 | -7.81% | -75.33% | 0.09x | 1.10x | Skr-10.41 Million |
| 2011 | -10.46% | -41.55% | 0.24x | 1.04x | Skr-12.92 Million |
| 2012 | -8.26% | -100773.73% | 0.00x | 1.03x | Skr-10.65 Million |
| 2013 | -13.56% | -2712.90% | 0.00x | 1.02x | Skr-13.15 Million |
| 2014 | -5.37% | -4120.83% | 0.00x | 1.01x | Skr-8.50 Million |
| 2015 | -0.06% | 0.00% | 0.00x | 1.04x | Skr-3.38 Million |
| 2016 | -12.42% | 0.00% | 0.00x | 1.08x | Skr-6.70 Million |
| 2017 | -3.37% | 0.00% | 0.00x | 1.08x | Skr-6.40 Million |
| 2018 | -4.57% | -115.93% | 0.04x | 1.02x | Skr-8.59 Million |
| 2019 | -9.96% | -297737.56% | 0.00x | 1.03x | Skr-13.19 Million |
| 2020 | -46.71% | -15135.25% | 0.00x | 1.27x | Skr-25.54 Million |
| 2021 | -24.03% | -13446.61% | 0.00x | 1.09x | Skr-22.47 Million |
| 2022 | -36.19% | 0.00% | 0.00x | 1.17x | Skr-24.08 Million |
| 2023 | -0.02% | -161.20% | 0.00x | 1.18x | Skr-4.88 Million |
| 2024 | -5.69% | -38953.33% | 0.00x | 1.08x | Skr-16.12 Million |
Industry Comparison
This section compares Arctic Gold Publ AB's net assets metrics with peer companies in the Other Industrial Metals & Mining industry.
Industry Context
- Industry: Other Industrial Metals & Mining
- Average net assets among peers: $14,919,337,320
- Average return on equity (ROE) among peers: -5.06%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Arctic Gold Publ AB (ARCT) | Skr111.64 Million | -9.78% | 0.08x | $28.17 Million |
| Beowulf Mining PLC (BEO-SDB) | $15.62 Million | -18.33% | 0.03x | $3.95 Million |
| Boliden AB (BOL) | $56.42 Billion | 10.76% | 0.81x | $10.39 Billion |
| Nordic Iron Ore (NIO) | $147.83 Million | -9.14% | 0.13x | $9.10 Million |
| Gruvaktiebolaget Viscaria (VISC) | $3.09 Billion | -3.53% | 0.32x | $278.06 Million |