BillerudKorsnas AB (BILL) - Net Assets

Latest as of December 2025: Skr27.74 Billion SEK ≈ $2.99 Billion USD

Based on the latest financial reports, BillerudKorsnas AB (BILL) has net assets worth Skr27.74 Billion SEK (≈ $2.99 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr47.39 Billion ≈ $5.10 Billion USD) and total liabilities (Skr19.65 Billion ≈ $2.11 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. Check BILL asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Skr27.74 Billion
% of Total Assets	58.54%
Annual Growth Rate	10.62%
5-Year Change	38.43%
10-Year Change	113.05%
Growth Volatility	23.58

BillerudKorsnas AB - Net Assets Trend (2000–2025)

This chart illustrates how BillerudKorsnas AB's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of BillerudKorsnas AB for the complete picture of this company's asset base.

Annual Net Assets for BillerudKorsnas AB (2000–2025)

The table below shows the annual net assets of BillerudKorsnas AB from 2000 to 2025. For live valuation and market cap data, see BILL stock market capitalisation.

Year	Net Assets	Change
2025-12-31	Skr27.74 Billion ≈ $2.99 Billion	-4.27%
2024-12-31	Skr28.98 Billion ≈ $3.12 Billion	+7.55%
2023-12-31	Skr26.95 Billion ≈ $2.90 Billion	-7.89%
2022-12-31	Skr29.25 Billion ≈ $3.15 Billion	+45.97%
2021-12-31	Skr20.04 Billion ≈ $2.16 Billion	+3.87%
2020-12-31	Skr19.29 Billion ≈ $2.08 Billion	-0.86%
2019-12-31	Skr19.46 Billion ≈ $2.09 Billion	+35.58%
2018-12-31	Skr14.36 Billion ≈ $1.54 Billion	+3.94%
2017-12-31	Skr13.81 Billion ≈ $1.49 Billion	+6.06%
2016-12-31	Skr13.02 Billion ≈ $1.40 Billion	+4.86%
2015-12-31	Skr12.42 Billion ≈ $1.34 Billion	+16.01%
2014-12-31	Skr10.70 Billion ≈ $1.15 Billion	+7.94%
2013-12-31	Skr9.92 Billion ≈ $1.07 Billion	+4.48%
2012-12-31	Skr9.49 Billion ≈ $1.02 Billion	+94.83%
2011-12-31	Skr4.87 Billion ≈ $524.31 Million	+5.07%
2010-12-31	Skr4.64 Billion ≈ $499.02 Million	+16.07%
2009-12-31	Skr4.00 Billion ≈ $429.93 Million	+51.44%
2008-12-31	Skr2.64 Billion ≈ $283.89 Million	-8.97%
2007-12-31	Skr2.90 Billion ≈ $311.87 Million	+8.22%
2006-12-31	Skr2.68 Billion ≈ $288.20 Million	+6.02%
2005-12-31	Skr2.53 Billion ≈ $271.84 Million	-16.96%
2004-12-31	Skr3.04 Billion ≈ $327.37 Million	-5.06%
2003-12-31	Skr3.20 Billion ≈ $344.80 Million	-0.90%
2002-12-31	Skr3.23 Billion ≈ $347.92 Million	+4.59%
2001-12-31	Skr3.09 Billion ≈ $332.64 Million	+38.98%
2000-12-31	Skr2.22 Billion ≈ $239.34 Million	--

Equity Component Analysis

This analysis shows how different components contribute to BillerudKorsnas 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 25992.6% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	Skr17.74 Billion	63.95%
Common Stock	Skr1.84 Billion	6.64%
Other Components	Skr8.16 Billion	29.40%
Total Equity	Skr27.74 Billion	100.00%

BillerudKorsnas AB Competitors by Market Cap

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

Company	Market Cap
Shenzhen Gongjin Electn SHG:603118	$1.69 Billion
Porton Fine Chemicals Ltd SHE:300363	$1.69 Billion
Emlak Konut Gayrimenkul Yatirim Ortakligi AS IS:EKGYO	$1.69 Billion
Zhejiang Merit Interactive Network Technology Co Ltd Class A SHE:300766	$1.69 Billion
Wisdom Marine Lines Co Ltd TW:2637	$1.69 Billion
West China Cement Limited F:WFG1	$1.69 Billion
DTR Automotive KO:007340	$1.69 Billion
Jiangyin Hengrun Heavy SHG:603985	$1.69 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 28,979,000,000 to 27,743,000,000, a change of -1,236,000,000 (-4.3%).
Net income of 711,000,000 contributed positively to equity growth.
Dividend payments of 870,000,000 reduced retained earnings.
Other comprehensive income decreased equity by 1,640,000,000.
Other factors increased equity by 563,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Skr711.00 Million	+2.56%
Dividends Paid	Skr870.00 Million	-3.14%
Other Comprehensive Income	Skr-1.64 Billion	-5.91%
Other Changes	Skr563.00 Million	+2.03%
Total Change	Skr-	-4.27%

Book Value vs Market Value Analysis

This analysis compares BillerudKorsnas 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: 0.56x
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 3.35x to 0.56x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2000-12-31	Skr18.81	Skr63.00	x
2001-12-31	Skr26.11	Skr63.00	x
2002-12-31	Skr28.32	Skr63.00	x
2003-12-31	Skr29.68	Skr63.00	x
2004-12-31	Skr31.26	Skr63.00	x
2005-12-31	Skr25.96	Skr63.00	x
2006-12-31	Skr27.52	Skr63.00	x
2007-12-31	Skr29.85	Skr63.00	x
2008-12-31	Skr26.83	Skr63.00	x
2009-12-31	Skr36.90	Skr63.00	x
2010-12-31	Skr33.68	Skr63.00	x
2011-12-31	Skr35.49	Skr63.00	x
2012-12-31	Skr66.60	Skr63.00	x
2013-12-31	Skr44.43	Skr63.00	x
2014-12-31	Skr47.70	Skr63.00	x
2015-12-31	Skr55.03	Skr63.00	x
2016-12-31	Skr58.59	Skr63.00	x
2017-12-31	Skr62.02	Skr63.00	x
2018-12-31	Skr64.51	Skr63.00	x
2019-12-31	Skr87.59	Skr63.00	x
2020-12-31	Skr86.78	Skr63.00	x
2021-12-31	Skr90.13	Skr63.00	x
2022-12-31	Skr128.07	Skr63.00	x
2023-12-31	Skr108.38	Skr63.00	x
2024-12-31	Skr116.55	Skr63.00	x
2025-12-31	Skr111.55	Skr63.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently BillerudKorsnas 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): 2.56%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 1.76%
• Asset Turnover: 0.85x
• Equity Multiplier: 1.71x
Recent ROE (2.56%) is below the historical average (11.63%), 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	40.60%	13.55%	0.97x	3.08x	Skr680.60 Million
2001	28.05%	12.55%	1.04x	2.15x	Skr557.90 Million
2002	24.74%	11.38%	1.02x	2.13x	Skr476.70 Million
2003	23.35%	10.70%	1.05x	2.07x	Skr427.60 Million
2004	16.90%	7.18%	1.00x	2.35x	Skr209.80 Million
2005	-7.24%	-2.68%	0.88x	3.07x	Skr-435.60 Million
2006	11.65%	4.23%	0.90x	3.06x	Skr44.20 Million
2007	11.59%	4.32%	0.84x	3.18x	Skr46.20 Million
2008	5.76%	1.95%	0.87x	3.42x	Skr-111.80 Million
2009	4.13%	2.13%	0.85x	2.27x	Skr-234.50 Million
2010	15.20%	7.99%	0.96x	1.98x	Skr241.30 Million
2011	14.02%	7.31%	1.00x	1.92x	Skr195.90 Million
2012	7.17%	6.49%	0.42x	2.62x	Skr-267.80 Million
2013	6.81%	3.44%	0.80x	2.46x	Skr-314.60 Million
2014	12.03%	6.12%	0.81x	2.42x	Skr215.50 Million
2015	14.78%	8.30%	0.87x	2.05x	Skr585.70 Million
2016	11.66%	7.01%	0.84x	1.99x	Skr215.90 Million
2017	11.86%	7.33%	0.79x	2.04x	Skr256.90 Million
2018	7.22%	4.38%	0.70x	2.35x	Skr-398.50 Million
2019	5.19%	4.14%	0.66x	1.90x	Skr-935.20 Million
2020	3.42%	2.76%	0.66x	1.88x	Skr-1.27 Billion
2021	7.41%	5.67%	0.69x	1.90x	Skr-519.10 Million
2022	15.69%	10.78%	0.83x	1.76x	Skr1.66 Billion
2023	1.80%	1.17%	0.86x	1.78x	Skr-2.21 Billion
2024	6.03%	4.02%	0.87x	1.73x	Skr-1.15 Billion
2025	2.56%	1.76%	0.85x	1.71x	Skr-2.06 Billion

Industry Comparison

This section compares BillerudKorsnas AB's net assets metrics with peer companies in the Paper & Paper Products industry.

Industry Context

Industry: Paper & Paper Products
Average net assets among peers: $31,775,885,714
Average return on equity (ROE) among peers: 10.78%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
BillerudKorsnas AB (BILL)	Skr27.74 Billion	40.60%	0.71x	$1.69 Billion
Holmen AB (publ) (HOLM-A)	$19.77 Billion	20.00%	0.88x	$1.53 Billion
Holmen AB (publ) (HOLM-B)	$21.24 Billion	6.70%	0.64x	$3.70 Billion
Nordic Paper Holding AB (NPAPER)	$1.04 Billion	54.37%	2.48x	$342.74 Million
Rottneros AB (RROS)	$825.00 Million	-19.15%	0.41x	$65.80 Million
Svenska Cellulosa Aktiebolaget SCA (publ) (SCA-A)	$104.28 Billion	3.52%	0.42x	$695.74 Million
Svenska Cellulosa Aktiebolaget SCA (publ) (SCA-B)	$67.25 Billion	8.32%	1.36x	$7.24 Billion
Stora Enso Oyj ser. R (STE-R)	$8.01 Billion	1.72%	1.24x	$104.18K

About BillerudKorsnas AB

ST:BILL Sweden Paper & Paper Products

Market Cap

$1.69 Billion

Skr15.67 Billion SEK

Market Cap Rank

#6899 Global

#94 in Sweden

Share Price

Skr63.00

Change (1 day)

-0.63%

52-Week Range

Skr61.80 - Skr111.20

All Time High

Skr169.68