Botnia Gold AB (publ) Net Assets

Latest as of March 2026: Skr234.23 Million SEK ≈ $25.21 Million USD

Botnia Gold AB (publ) net assets. Based on the latest financial reports, Botnia Gold AB (publ) (BOTX) has net assets worth Skr234.23 Million SEK (≈ $25.21 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr327.65 Million ≈ $35.26 Million USD) and total liabilities (Skr93.42 Million ≈ $10.05 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. Also explore how fast is Botnia Gold AB (publ) growing its equity to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Skr234.23 Million
% of Total Assets	71.49%
Annual Growth Rate	53.79%
5-Year Change	136.82%
10-Year Change	286.83%
Growth Volatility	412.1

Net Assets of Botnia Gold AB (publ) (2007–2025)

Net assets of Botnia Gold AB (publ) from 2007 to 2025. This chart illustrates how Botnia Gold AB (publ)'s net assets have evolved over time, based on quarterly financial data. See BOTX net asset quality score to measure how much of total assets are equity-financed.

Annual Net Assets for Botnia Gold AB (publ) (2007–2025)

The table below shows the annual net assets of Botnia Gold AB (publ) from 2007 to 2025. For live market cap and overall valuation, see how much is Botnia Gold AB (publ) worth.

Year	Net Assets	Change
2025-12-31	Skr210.82 Million ≈ $22.69 Million	+30.25%
2024-12-31	Skr161.86 Million ≈ $17.42 Million	+20.26%
2023-12-31	Skr134.60 Million ≈ $14.48 Million	-4.84%
2022-12-31	Skr141.44 Million ≈ $15.22 Million	+58.88%
2021-12-31	Skr89.02 Million ≈ $9.58 Million	+4.87%
2020-12-31	Skr84.89 Million ≈ $9.14 Million	-2.43%
2019-12-31	Skr87.00 Million ≈ $9.36 Million	+11.17%
2018-12-31	Skr78.26 Million ≈ $8.42 Million	-7.52%
2017-12-31	Skr84.63 Million ≈ $9.11 Million	+55.28%
2016-12-31	Skr54.50 Million ≈ $5.87 Million	-12.67%
2015-12-31	Skr62.41 Million ≈ $6.72 Million	+11.21%
2014-12-31	Skr56.12 Million ≈ $6.04 Million	-3.61%
2013-12-31	Skr58.22 Million ≈ $6.26 Million	+8.73%
2012-12-31	Skr53.54 Million ≈ $5.76 Million	+27.47%
2011-12-31	Skr42.00 Million ≈ $4.52 Million	-15.07%
2010-12-31	Skr49.45 Million ≈ $5.32 Million	+264.81%
2009-12-31	Skr13.56 Million ≈ $1.46 Million	+724.57%
2008-12-31	Skr1.64 Million ≈ $176.92K	+1706.59%
2007-12-31	Skr91.00K ≈ $9.79K	--

Equity Component Analysis

This analysis shows how different components contribute to Botnia Gold 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 3160200000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Botnia Gold AB (publ) Net Assets Breakdown (December 2025)

Botnia Gold AB (publ) net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Common Stock	Skr30.60 Million	14.52%
Other Components	Skr211.82 Million	100.47%
Total Equity	Skr210.82 Million	100.00%

Botnia Gold AB (publ) Competitors by Market Cap

The table below lists competitors of Botnia Gold AB (publ) ranked by their market capitalization.

Company	Market Cap
Regional Express Holdings Ltd AU:REX	$45.67 Million
Centara Hotels & Resorts Leasehold Property Fund BK:CTARAF	$45.68 Million
Optipharm.CO.LTD KQ:153710	$45.68 Million
NVH Korea Inc KQ:067570	$45.71 Million
Etherstack Plc AU:ESK	$45.66 Million
YES24 Co.Ltd KQ:053280	$45.63 Million
Taiwan Taffeta Fabric Co Ltd TW:1454	$45.59 Million
InkTec Co. Ltd KQ:049550	$45.57 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Botnia Gold AB (publ)'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 161,861,000 to 210,823,000, a change of 48,962,000 (30.2%).
Net income of 48,960,000 contributed positively to equity growth.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Skr48.96 Million	+23.22%
Other Changes	Skr2.00K	+0.0%
Total Change	Skr-	30.25%

Book Value vs Market Value Analysis

This analysis compares Botnia Gold 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: 2.04x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 0.00x to 2.04x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2008-12-31	Skr171861.92	Skr10.40	x
2009-12-31	Skr0.46	Skr10.40	x
2010-12-31	Skr1.45	Skr10.40	x
2011-12-31	Skr7.98	Skr10.40	x
2012-12-31	Skr6.38	Skr10.40	x
2013-12-31	Skr3.55	Skr10.40	x
2014-12-31	Skr3.13	Skr10.40	x
2015-12-31	Skr2.88	Skr10.40	x
2016-12-31	Skr2.68	Skr10.40	x
2017-12-31	Skr3.63	Skr10.40	x
2018-12-31	Skr2.95	Skr10.40	x
2019-12-31	Skr3.41	Skr10.40	x
2020-12-31	Skr2.85	Skr10.40	x
2021-12-31	Skr2.83	Skr10.40	x
2022-12-31	Skr4.82	Skr10.40	x
2023-12-31	Skr3.27	Skr10.40	x
2024-12-31	Skr3.97	Skr10.40	x
2025-12-31	Skr5.11	Skr10.40	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Botnia Gold 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): 23.22%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 19.98%
• Asset Turnover: 0.94x
• Equity Multiplier: 1.24x
Recent ROE (23.22%) is above the historical average (-8.96%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2008	-32.95%	0.00%	0.00x	1.14x	Skr-705.71K
2009	-16.00%	-74.03%	0.20x	1.07x	Skr-3.52 Million
2010	-11.98%	-219.36%	0.05x	1.03x	Skr-10.87 Million
2011	-17.39%	-109.47%	0.15x	1.06x	Skr-11.50 Million
2012	-17.94%	-77.19%	0.22x	1.03x	Skr-14.96 Million
2013	-11.48%	-150.73%	0.07x	1.05x	Skr-12.50 Million
2014	-12.04%	-177.35%	0.06x	1.13x	Skr-12.37 Million
2015	-11.09%	-123.90%	0.08x	1.06x	Skr-13.16 Million
2016	-14.51%	-95.36%	0.12x	1.27x	Skr-13.36 Million
2017	-15.24%	-207.35%	0.06x	1.15x	Skr-21.36 Million
2018	-8.14%	-99.53%	0.08x	1.08x	Skr-14.19 Million
2019	-6.53%	-313.23%	0.02x	1.07x	Skr-14.38 Million
2020	-5.80%	-143.37%	0.04x	1.08x	Skr-13.41 Million
2021	-6.46%	-160.32%	0.04x	1.07x	Skr-14.65 Million
2022	-5.37%	-5382.27%	0.00x	1.07x	Skr-21.73 Million
2023	-5.41%	-3416.43%	0.00x	1.13x	Skr-20.74 Million
2024	13.80%	38.62%	0.26x	1.35x	Skr6.15 Million
2025	23.22%	19.98%	0.94x	1.24x	Skr27.88 Million

Industry Comparison

This section compares Botnia Gold AB (publ)'s net assets metrics with peer companies in the Gold industry.

Industry Context

Industry: Gold
Average net assets among peers: $49,377,000
Average return on equity (ROE) among peers: -20.54%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Botnia Gold AB (publ) (BOTX)	Skr234.23 Million	-32.95%	0.40x	$45.67 Million
Northgold AB (NG)	$49.38 Million	-20.54%	0.14x	$1.38 Million

About Botnia Gold AB (publ)

ST:BOTX Sweden Gold

Market Cap

$45.67 Million

Skr424.37 Million SEK

Market Cap Rank

#22062 Global

#417 in Sweden

Share Price

Skr10.40

Change (1 day)

+6.01%

52-Week Range

Skr9.76 - Skr15.75

All Time High

Skr17.55