Bulten AB
Bulten AB (publ), together with its subsidiaries, manufactures and distributes fasteners in Sweden, Poland, Germany, the United Kingdom, rest of Europe, the United States, China, and internationally. It offers bolts and screws, including screws/bolts with patches, screws for plastics, sems, thread forming, self-aligning, all-metal locking, and weld screws/bolts; nuts, such as hex, flange, self-cl… Read more
Bulten AB (BULTEN) - Net Assets
Latest net assets as of December 2025: Skr1.77 Billion SEK
Based on the latest financial reports, Bulten AB (BULTEN) has net assets worth Skr1.77 Billion SEK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr4.45 Billion) and total liabilities (Skr2.68 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 | Skr1.77 Billion |
| % of Total Assets | 39.71% |
| Annual Growth Rate | 14.94% |
| 5-Year Change | 4.68% |
| 10-Year Change | 30.16% |
| Growth Volatility | 29.75 |
Bulten AB - Net Assets Trend (2007–2025)
This chart illustrates how Bulten AB's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bulten AB (2007–2025)
The table below shows the annual net assets of Bulten AB from 2007 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr1.77 Billion | -13.98% |
| 2024-12-31 | Skr2.05 Billion | +11.70% |
| 2023-12-31 | Skr1.84 Billion | +0.71% |
| 2022-12-31 | Skr1.82 Billion | +8.18% |
| 2021-12-31 | Skr1.69 Billion | +11.21% |
| 2020-12-31 | Skr1.52 Billion | +1.34% |
| 2019-12-31 | Skr1.50 Billion | -1.12% |
| 2018-12-31 | Skr1.51 Billion | +4.13% |
| 2017-12-31 | Skr1.45 Billion | +7.16% |
| 2016-12-31 | Skr1.36 Billion | +8.96% |
| 2015-12-31 | Skr1.25 Billion | -2.16% |
| 2014-12-31 | Skr1.27 Billion | +15.33% |
| 2013-12-31 | Skr1.10 Billion | +6.92% |
| 2012-12-31 | Skr1.03 Billion | -0.07% |
| 2011-12-31 | Skr1.03 Billion | +112.90% |
| 2010-12-31 | Skr485.10 Million | +44.76% |
| 2009-12-31 | Skr335.10 Million | +40.03% |
| 2008-12-31 | Skr239.30 Million | +66.18% |
| 2007-12-31 | Skr144.00 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bulten 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 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 | Skr1.72 Billion | 100.00% |
| Total Equity | Skr1.72 Billion | 100.00% |
Bulten AB Competitors by Market Cap
The table below lists competitors of Bulten AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guardian Metal Resources PLC
OTCQX:GMTLF
|
$57.28 Million |
|
FELIX Gold Ltd
AU:FXG
|
$57.29 Million |
|
Niching Industrial
TWO:3444
|
$57.33 Million |
|
e-therapeutics plc
PINK:ETXPF
|
$57.33 Million |
|
Invictus Energy Limited
OTCQB:IVCTF
|
$57.21 Million |
|
LK CHEM
KQ:489500
|
$57.20 Million |
|
Lee Ku Ind
KO:025820
|
$57.19 Million |
|
Mgame Corp
KQ:058630
|
$57.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bulten AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 2,007,000,000 to 1,723,000,000, a change of -284,000,000 (-14.2%).
- Net loss of 11,000,000 reduced equity.
- Dividend payments of 58,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 235,000,000.
- Other factors increased equity by 20,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-11.00 Million | -0.64% |
| Dividends Paid | Skr58.00 Million | -3.37% |
| Other Comprehensive Income | Skr-235.00 Million | -13.64% |
| Other Changes | Skr20.00 Million | +1.16% |
| Total Change | Skr- | -14.15% |
Book Value vs Market Value Analysis
This analysis compares Bulten 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: 0.50x
- 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 1.98x to 0.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Skr20.65 | Skr40.85 | x |
| 2009-12-31 | Skr29.54 | Skr40.85 | x |
| 2010-12-31 | Skr42.34 | Skr40.85 | x |
| 2011-12-31 | Skr59.24 | Skr40.85 | x |
| 2012-12-31 | Skr49.05 | Skr40.85 | x |
| 2013-12-31 | Skr51.74 | Skr40.85 | x |
| 2014-12-31 | Skr59.54 | Skr40.85 | x |
| 2015-12-31 | Skr59.22 | Skr40.85 | x |
| 2016-12-31 | Skr65.56 | Skr40.85 | x |
| 2017-12-31 | Skr70.37 | Skr40.85 | x |
| 2018-12-31 | Skr73.88 | Skr40.85 | x |
| 2019-12-31 | Skr73.89 | Skr40.85 | x |
| 2020-12-31 | Skr72.16 | Skr40.85 | x |
| 2021-12-31 | Skr79.09 | Skr40.85 | x |
| 2022-12-31 | Skr85.72 | Skr40.85 | x |
| 2023-12-31 | Skr85.91 | Skr40.85 | x |
| 2024-12-31 | Skr95.63 | Skr40.85 | x |
| 2025-12-31 | Skr82.09 | Skr40.85 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bulten 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): -0.64%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.22%
- • Asset Turnover: 1.13x
- • Equity Multiplier: 2.58x
- Recent ROE (-0.64%) is below the historical average (2.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 71.32% | 3.39% | 1.44x | 14.67x | Skr88.30 Million |
| 2008 | -94.02% | -7.69% | 1.56x | 7.82x | Skr-243.51 Million |
| 2009 | -80.09% | -12.96% | 1.29x | 4.77x | Skr-297.75 Million |
| 2010 | 37.73% | 6.95% | 1.39x | 3.91x | Skr133.10 Million |
| 2011 | 11.09% | 3.71% | 1.62x | 1.84x | Skr11.22 Million |
| 2012 | 4.07% | 1.42% | 1.60x | 1.79x | Skr-61.21 Million |
| 2013 | 8.11% | 2.88% | 1.47x | 1.91x | Skr-20.56 Million |
| 2014 | 14.02% | 7.27% | 1.28x | 1.50x | Skr50.32 Million |
| 2015 | 9.47% | 4.34% | 1.39x | 1.58x | Skr-6.55 Million |
| 2016 | 11.03% | 5.53% | 1.36x | 1.47x | Skr13.81 Million |
| 2017 | 11.25% | 5.67% | 1.31x | 1.51x | Skr18.00 Million |
| 2018 | 9.71% | 4.66% | 1.34x | 1.55x | Skr-4.40 Million |
| 2019 | 3.58% | 1.71% | 1.14x | 1.83x | Skr-95.10 Million |
| 2020 | 3.66% | 1.72% | 1.04x | 2.04x | Skr-95.30 Million |
| 2021 | 8.61% | 3.83% | 1.09x | 2.06x | Skr-23.00 Million |
| 2022 | 4.11% | 1.65% | 1.03x | 2.42x | Skr-105.90 Million |
| 2023 | 5.71% | 1.79% | 1.19x | 2.69x | Skr-77.30 Million |
| 2024 | 6.73% | 2.32% | 1.14x | 2.54x | Skr-65.70 Million |
| 2025 | -0.64% | -0.22% | 1.13x | 2.58x | Skr-183.30 Million |
Industry Comparison
This section compares Bulten AB's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $1,168,255,000
- Average return on equity (ROE) among peers: 1.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bulten AB (BULTEN) | Skr1.77 Billion | 71.32% | 1.52x | $57.24 Million |
| Mekonomen AB (MEKO) | $559.32 Million | 0.00% | 0.42x | $222.64 Million |
| Pierce Group AB (PIERCE) | $719.00 Million | -8.07% | 0.51x | $38.72 Million |
| VBG Group AB (publ) (VBG-B) | $2.23 Billion | 12.26% | 0.76x | $529.41 Million |