BHG Group AB (publ)
BHG Group AB (publ) operates as a consumer e-commerce company in Sweden, Finland, Denmark, Norway, rest of Europe, and internationally. It operates in three segments: Home Improvement, Value Home, and Premium Living. The Home Improvement segment operates as a drop shipping model for Do-It-Yourself (DIY) product categories, such as garden, construction, and renovation products. Its Value Home segm… Read more
BHG Group AB (publ) (BHG) - Net Assets
Latest net assets as of September 2025: Skr6.04 Billion SEK
Based on the latest financial reports, BHG Group AB (publ) (BHG) has net assets worth Skr6.04 Billion SEK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr10.61 Billion) and total liabilities (Skr4.57 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 | Skr6.04 Billion |
| % of Total Assets | 56.95% |
| Annual Growth Rate | 49.33% |
| 5-Year Change | 112.0% |
| 10-Year Change | N/A |
| Growth Volatility | 288.69 |
BHG Group AB (publ) - Net Assets Trend (2015–2024)
This chart illustrates how BHG Group AB (publ)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for BHG Group AB (publ) (2015–2024)
The table below shows the annual net assets of BHG Group AB (publ) from 2015 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr5.98 Billion | -8.07% |
| 2023-12-31 | Skr6.51 Billion | -15.12% |
| 2022-12-31 | Skr7.67 Billion | +45.92% |
| 2021-12-31 | Skr5.26 Billion | +86.20% |
| 2020-12-31 | Skr2.82 Billion | -3.49% |
| 2019-12-31 | Skr2.93 Billion | +3.93% |
| 2018-12-31 | Skr2.81 Billion | +18.50% |
| 2017-12-31 | Skr2.38 Billion | +934.67% |
| 2016-12-31 | Skr229.55 Million | +41.74% |
| 2015-12-31 | Skr161.95 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to BHG Group 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 85367500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr5.40 Million | 0.09% |
| Other Comprehensive Income | Skr76.20 Million | 1.32% |
| Other Components | Skr6.56 Billion | 113.38% |
| Total Equity | Skr5.79 Billion | 100.00% |
BHG Group AB (publ) Competitors by Market Cap
The table below lists competitors of BHG Group AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Optimum Communications, Inc.
NYSE:OPTU
|
$372.49 Million |
|
Bridge Investment Group Holdings Inc
NYSE:BRDG
|
$372.55 Million |
|
Zhejiang China Light & Textile Industrial City Group Co Ltd
SHG:600790
|
$372.59 Million |
|
Taiwan Sakura Corp
TW:9911
|
$372.65 Million |
|
Shanghai New Huang Pu Real Estate Co Ltd
SHG:600638
|
$372.02 Million |
|
ZJAMP Group Co Ltd
SHE:002758
|
$371.86 Million |
|
BGT Group Co. Ltd.
SHE:300774
|
$371.81 Million |
|
Genusplus Group Ltd
AU:GNP
|
$371.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BHG Group AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,342,600,000 to 5,789,000,000, a change of -553,600,000 (-8.7%).
- Net loss of 678,800,000 reduced equity.
- Other comprehensive income increased equity by 31,000,000.
- Other factors increased equity by 94,200,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-678.80 Million | -11.73% |
| Other Comprehensive Income | Skr31.00 Million | +0.54% |
| Other Changes | Skr94.20 Million | +1.63% |
| Total Change | Skr- | -8.73% |
Book Value vs Market Value Analysis
This analysis compares BHG Group 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: 0.76x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 6.82x to 0.76x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | Skr3.60 | Skr24.56 | x |
| 2016-12-31 | Skr5.26 | Skr24.56 | x |
| 2017-12-31 | Skr22.12 | Skr24.56 | x |
| 2018-12-31 | Skr29.05 | Skr24.56 | x |
| 2019-12-31 | Skr26.91 | Skr24.56 | x |
| 2020-12-31 | Skr25.55 | Skr24.56 | x |
| 2021-12-31 | Skr43.07 | Skr24.56 | x |
| 2022-12-31 | Skr55.66 | Skr24.56 | x |
| 2023-12-31 | Skr35.39 | Skr24.56 | x |
| 2024-12-31 | Skr32.30 | Skr24.56 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BHG Group 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): -11.73%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6.81%
- • Asset Turnover: 0.91x
- • Equity Multiplier: 1.88x
- Recent ROE (-11.73%) is below the historical average (4.15%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | 18.20% | 1.45% | 3.00x | 4.18x | Skr12.38 Million |
| 2016 | 25.69% | 2.18% | 2.96x | 3.99x | Skr34.63 Million |
| 2017 | 1.42% | 0.76% | 1.00x | 1.86x | Skr-203.81 Million |
| 2018 | 1.79% | 1.00% | 1.02x | 1.74x | Skr-228.41 Million |
| 2019 | 6.10% | 2.84% | 1.03x | 2.08x | Skr-112.77 Million |
| 2020 | 14.89% | 4.63% | 1.04x | 3.10x | Skr136.38 Million |
| 2021 | 9.23% | 3.80% | 0.93x | 2.61x | Skr-40.29 Million |
| 2022 | 0.60% | 0.34% | 0.94x | 1.88x | Skr-715.58 Million |
| 2023 | -24.67% | -13.27% | 1.03x | 1.80x | Skr-2.20 Billion |
| 2024 | -11.73% | -6.81% | 0.91x | 1.88x | Skr-1.26 Billion |
Industry Comparison
This section compares BHG Group AB (publ)'s net assets metrics with peer companies in the Internet Retail industry.
Industry Context
- Industry: Internet Retail
- Average net assets among peers: $94,060,349
- Average return on equity (ROE) among peers: -55.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BHG Group AB (publ) (BHG) | Skr6.04 Billion | 18.20% | 0.76x | $372.13 Million |
| New Bubbleroom Sweden AB (BBROOM) | $101.59 Million | -17.38% | 1.12x | $3.70 Million |
| Sweden BuyersClub AB (BUY) | $8.46 Million | -87.56% | 0.94x | $2.92K |
| Desenio Group AB (DSNO) | $360.10 Million | -77.28% | 1.75x | $7.63 Million |
| Guldbrev Holding AB (publ) (GULD) | $35.80 Million | 13.92% | 0.66x | $561.46K |
| Purefun Group AB (PURE) | $49.64 Million | 26.57% | 0.63x | $3.36 Million |
| Refine Group AB (REFINE) | $8.78 Million | -191.83% | 0.71x | $1.81 Million |