BTS Group AB (publ) (BTS-B) - Net Assets
Based on the latest financial reports, BTS Group AB (publ) (BTS-B) has net assets worth Skr1.45 Billion SEK (≈ $155.55 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr3.17 Billion ≈ $341.35 Million USD) and total liabilities (Skr1.73 Billion ≈ $185.79 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 BTS-B asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr1.45 Billion |
| % of Total Assets | 45.57% |
| Annual Growth Rate | 12.11% |
| 5-Year Change | 47.01% |
| 10-Year Change | 166.15% |
| Growth Volatility | 12.59 |
BTS Group AB (publ) - Net Assets Trend (2002–2025)
This chart illustrates how BTS Group AB (publ)'s net assets have evolved over time, based on quarterly financial data. Also explore BTS-B asset base for the complete picture of this company's asset base.
Annual Net Assets for BTS Group AB (publ) (2002–2025)
The table below shows the annual net assets of BTS Group AB (publ) from 2002 to 2025. For live valuation and market cap data, see BTS-B market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr1.45 Billion ≈ $155.55 Million |
-13.17% |
| 2024-12-31 | Skr1.66 Billion ≈ $179.15 Million |
+27.99% |
| 2023-12-31 | Skr1.30 Billion ≈ $139.97 Million |
+7.14% |
| 2022-12-31 | Skr1.21 Billion ≈ $130.64 Million |
+23.46% |
| 2021-12-31 | Skr983.25 Million ≈ $105.81 Million |
+38.51% |
| 2020-12-31 | Skr709.86 Million ≈ $76.39 Million |
-15.46% |
| 2019-12-31 | Skr839.68 Million ≈ $90.36 Million |
+19.24% |
| 2018-12-31 | Skr704.20 Million ≈ $75.78 Million |
+21.30% |
| 2017-12-31 | Skr580.56 Million ≈ $62.48 Million |
+6.90% |
| 2016-12-31 | Skr543.09 Million ≈ $58.45 Million |
+12.38% |
| 2015-12-31 | Skr483.25 Million ≈ $52.01 Million |
+11.22% |
| 2014-12-31 | Skr434.50 Million ≈ $46.76 Million |
+22.13% |
| 2013-12-31 | Skr355.78 Million ≈ $38.29 Million |
+8.95% |
| 2012-12-31 | Skr326.56 Million ≈ $35.14 Million |
+5.26% |
| 2011-12-31 | Skr310.25 Million ≈ $33.39 Million |
+10.74% |
| 2010-12-31 | Skr280.15 Million ≈ $30.15 Million |
+7.90% |
| 2009-12-31 | Skr259.62 Million ≈ $27.94 Million |
+3.47% |
| 2008-12-31 | Skr250.91 Million ≈ $27.00 Million |
+26.34% |
| 2007-12-31 | Skr198.60 Million ≈ $21.37 Million |
+13.38% |
| 2006-12-31 | Skr175.17 Million ≈ $18.85 Million |
+15.34% |
| 2005-12-31 | Skr151.87 Million ≈ $16.34 Million |
+31.13% |
| 2004-12-31 | Skr115.82 Million ≈ $12.46 Million |
+11.90% |
| 2003-12-31 | Skr103.50 Million ≈ $11.14 Million |
-0.74% |
| 2002-12-31 | Skr104.28 Million ≈ $11.22 Million |
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Equity Component Analysis
This analysis shows how different components contribute to BTS 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Skr1.45 Billion | 100.00% |
| Total Equity | Skr1.45 Billion | 100.00% |
BTS Group AB (publ) Competitors by Market Cap
The table below lists competitors of BTS Group AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Petron Malaysia Refining Marketing
KLSE:3042
|
$298.95 Million |
|
United Orthopedic
TWO:4129
|
$298.97 Million |
|
Hyliion Holdings Corp.
NYSE:HYLN
|
$299.16 Million |
|
Fluxys Belgium
BR:FLUX
|
$299.21 Million |
|
PRUKSA HOLDING
BK:PSH-R
|
$298.84 Million |
|
Dasheng Times Cultural Investment Co Ltd
SHG:600892
|
$298.82 Million |
|
Intermedia Capital Tbk
JK:MDIA
|
$298.72 Million |
|
Gannett Co Inc
NYSE:GCI
|
$298.63 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in BTS Group AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,664,755,000 to 1,445,439,000, a change of -219,316,000 (-13.2%).
- Net income of 132,509,999 contributed positively to equity growth.
- Dividend payments of 118,321,000 reduced retained earnings.
- Other factors decreased equity by 233,504,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr132.51 Million | +9.17% |
| Dividends Paid | Skr118.32 Million | -8.19% |
| Other Changes | Skr-233.50 Million | -16.15% |
| Total Change | Skr- | -13.17% |
Book Value vs Market Value Analysis
This analysis compares BTS 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: 2.01x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 25.41x to 2.01x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | Skr5.90 | Skr149.80 | x |
| 2003-12-31 | Skr5.83 | Skr149.80 | x |
| 2004-12-31 | Skr6.52 | Skr149.80 | x |
| 2005-12-31 | Skr8.56 | Skr149.80 | x |
| 2006-12-31 | Skr9.80 | Skr149.80 | x |
| 2007-12-31 | Skr10.98 | Skr149.80 | x |
| 2008-12-31 | Skr13.90 | Skr149.80 | x |
| 2009-12-31 | Skr14.34 | Skr149.80 | x |
| 2010-12-31 | Skr15.47 | Skr149.80 | x |
| 2011-12-31 | Skr16.97 | Skr149.80 | x |
| 2012-12-31 | Skr17.46 | Skr149.80 | x |
| 2013-12-31 | Skr19.14 | Skr149.80 | x |
| 2014-12-31 | Skr23.30 | Skr149.80 | x |
| 2015-12-31 | Skr25.92 | Skr149.80 | x |
| 2016-12-31 | Skr29.13 | Skr149.80 | x |
| 2017-12-31 | Skr30.10 | Skr149.80 | x |
| 2018-12-31 | Skr36.62 | Skr149.80 | x |
| 2019-12-31 | Skr43.69 | Skr149.80 | x |
| 2020-12-31 | Skr36.75 | Skr149.80 | x |
| 2021-12-31 | Skr50.87 | Skr149.80 | x |
| 2022-12-31 | Skr62.66 | Skr149.80 | x |
| 2023-12-31 | Skr67.10 | Skr149.80 | x |
| 2024-12-31 | Skr85.83 | Skr149.80 | x |
| 2025-12-31 | Skr74.52 | Skr149.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently BTS 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): 9.17%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.90%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 2.19x
- Recent ROE (9.17%) is below the historical average (16.45%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 6.17% | 3.72% | 1.33x | 1.24x | Skr-3.99 Million |
| 2003 | 7.02% | 4.47% | 1.19x | 1.32x | Skr-3.07 Million |
| 2004 | 16.74% | 9.37% | 1.26x | 1.42x | Skr7.77 Million |
| 2005 | 24.19% | 12.81% | 1.20x | 1.57x | Skr21.50 Million |
| 2006 | 22.09% | 10.18% | 0.97x | 2.23x | Skr21.12 Million |
| 2007 | 24.59% | 9.33% | 1.32x | 2.00x | Skr28.97 Million |
| 2008 | 17.95% | 8.21% | 1.21x | 1.80x | Skr19.95 Million |
| 2009 | 17.06% | 7.44% | 1.34x | 1.71x | Skr18.33 Million |
| 2010 | 21.15% | 8.53% | 1.44x | 1.72x | Skr31.22 Million |
| 2011 | 18.59% | 8.27% | 1.35x | 1.67x | Skr26.66 Million |
| 2012 | 19.52% | 8.27% | 1.49x | 1.59x | Skr31.08 Million |
| 2013 | 13.44% | 6.95% | 1.33x | 1.46x | Skr12.26 Million |
| 2014 | 12.91% | 7.18% | 1.15x | 1.57x | Skr12.63 Million |
| 2015 | 15.01% | 6.95% | 1.29x | 1.68x | Skr24.23 Million |
| 2016 | 13.59% | 6.66% | 1.17x | 1.74x | Skr19.51 Million |
| 2017 | 16.90% | 7.90% | 1.01x | 2.11x | Skr40.08 Million |
| 2018 | 17.91% | 7.89% | 1.05x | 2.17x | Skr55.71 Million |
| 2019 | 17.95% | 8.08% | 1.00x | 2.23x | Skr66.78 Million |
| 2020 | 4.96% | 2.41% | 0.75x | 2.76x | Skr-35.76 Million |
| 2021 | 21.84% | 11.20% | 0.77x | 2.53x | Skr116.38 Million |
| 2022 | 16.34% | 7.84% | 0.92x | 2.27x | Skr77.01 Million |
| 2023 | 16.52% | 8.01% | 0.91x | 2.27x | Skr84.75 Million |
| 2024 | 23.24% | 13.81% | 0.83x | 2.02x | Skr220.49 Million |
| 2025 | 9.17% | 4.90% | 0.85x | 2.19x | Skr-12.03 Million |
Industry Comparison
This section compares BTS Group AB (publ)'s net assets metrics with peer companies in the Consulting Services industry.
Industry Context
- Industry: Consulting Services
- Average net assets among peers: $109,693,333
- Average return on equity (ROE) among peers: -19.51%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| BTS Group AB (publ) (BTS-B) | Skr1.45 Billion | 6.17% | 1.19x | $298.93 Million |
| Brilliant Future AB (BRILL) | $39.57 Million | -28.26% | 1.28x | $5.73 Million |
| Rejlers AB (publ) (REJL-B) | $232.69 Million | 29.96% | 0.76x | $329.04 Million |
| VIMAB Group AB (VIMAB) | $56.82 Million | -60.23% | 2.45x | $15.30 Million |
About BTS Group AB (publ)
BTS Group AB (publ) operates as a professional services firm. It operates through BTS North America, BTS Europe, BTS Other Markets, and APG segments. The company offers strategy execution and business transformation, leadership readiness and development, go to market, and talent acquisition and succession services. BTS Group AB (publ) was founded in 1986 and is headquartered in Stockholm, Sweden.