Botnia Gold AB (publ) (BOTX) - 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. Check BOTX strategic assets to equity ratio to assess the company's strategic physical and investment asset allocation.
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 |
Botnia Gold AB (publ) - Net Assets Trend (2007–2025)
This chart illustrates how Botnia Gold AB (publ)'s net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Botnia Gold AB (publ) market capitalisation.
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. Also explore Botnia Gold AB (publ) equity growth rate to track the company's year-over-year net asset growth rate.
| 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.
Current Equity Component Breakdown (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 |
|---|---|
|
FRANCHETTI S.P.A.
F:D0E
|
$46.65 Million |
|
Siam Steel Service Center Public Company Limited
BK:SSSC
|
$46.68 Million |
|
Johnson Matthey PLC
LSE:JMAT
|
$46.72 Million |
|
Space Hellas SA
AT:SPACE
|
$46.75 Million |
|
SMAIO SA
PA:ALSMA
|
$46.62 Million |
|
Malacca Trust Wuwungan Insurance PT
JK:MTWI
|
$46.61 Million |
|
Lay Hong Bhd
KLSE:9385
|
$46.60 Million |
|
Korea Steel Co Ltd
KO:007280
|
$46.59 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: 2.08x
- 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 2.08x 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 | Skr10.62 | x |
| 2009-12-31 | Skr0.46 | Skr10.62 | x |
| 2010-12-31 | Skr1.45 | Skr10.62 | x |
| 2011-12-31 | Skr7.98 | Skr10.62 | x |
| 2012-12-31 | Skr6.38 | Skr10.62 | x |
| 2013-12-31 | Skr3.55 | Skr10.62 | x |
| 2014-12-31 | Skr3.13 | Skr10.62 | x |
| 2015-12-31 | Skr2.88 | Skr10.62 | x |
| 2016-12-31 | Skr2.68 | Skr10.62 | x |
| 2017-12-31 | Skr3.63 | Skr10.62 | x |
| 2018-12-31 | Skr2.95 | Skr10.62 | x |
| 2019-12-31 | Skr3.41 | Skr10.62 | x |
| 2020-12-31 | Skr2.85 | Skr10.62 | x |
| 2021-12-31 | Skr2.83 | Skr10.62 | x |
| 2022-12-31 | Skr4.82 | Skr10.62 | x |
| 2023-12-31 | Skr3.27 | Skr10.62 | x |
| 2024-12-31 | Skr3.97 | Skr10.62 | x |
| 2025-12-31 | Skr5.11 | Skr10.62 | 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 | $46.64 Million |
| Northgold AB (NG) | $49.38 Million | -20.54% | 0.14x | $1.38 Million |
About Botnia Gold AB (publ)
Botnia Gold AB (publ), together with its subsidiaries, engages in the exploration of precious and base metals in Sweden. It primarily explores for gold deposits. The company's project portfolio includes gold and sulphide ore projects with one environmental permit for mining, four exploration permits, and two processing concessions in the Vindelgransele area in Sweden. The company was formerly kno… Read more