Candles Scandinavia AB Series B
Candles Scandinavia AB (publ) manufactures and sells scented candles based on plant-based wax made of rapeseed oil. Candles Scandinavia AB (publ) was incorporated in 2009 and is based in Örebro, Sweden.
Candles Scandinavia AB Series B (CANDLE-B) - Net Assets
Latest net assets as of October 2025: Skr150.50 Million SEK
Based on the latest financial reports, Candles Scandinavia AB Series B (CANDLE-B) has net assets worth Skr150.50 Million SEK as of October 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr404.55 Million) and total liabilities (Skr254.05 Million). 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 | Skr150.50 Million |
| % of Total Assets | 37.2% |
| Annual Growth Rate | 83.84% |
| 5-Year Change | 502.86% |
| 10-Year Change | N/A |
| Growth Volatility | 86.94 |
Candles Scandinavia AB Series B - Net Assets Trend (2019–2025)
This chart illustrates how Candles Scandinavia AB Series B's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Candles Scandinavia AB Series B (2019–2025)
The table below shows the annual net assets of Candles Scandinavia AB Series B from 2019 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-04-30 | Skr78.58 Million | -6.19% |
| 2024-04-30 | Skr83.76 Million | -11.08% |
| 2023-04-30 | Skr94.20 Million | +121.81% |
| 2022-04-30 | Skr42.47 Million | +225.84% |
| 2021-04-30 | Skr13.03 Million | +153.51% |
| 2020-04-30 | Skr5.14 Million | +152.79% |
| 2019-04-30 | Skr2.03 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Candles Scandinavia AB Series B'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 859.8% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr865.11K | 1.10% |
| Other Components | Skr92.41 Million | 117.60% |
| Total Equity | Skr78.58 Million | 100.00% |
Candles Scandinavia AB Series B Competitors by Market Cap
The table below lists competitors of Candles Scandinavia AB Series B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Enablence Technologies Inc
PINK:ENAFF
|
$2.85 Million |
|
PT Graha Mitra Asia Tbk
JK:RELF
|
$2.85 Million |
|
Fragbite Group AB
ST:FRAG
|
$2.85 Million |
|
FEDEX (FDX.SG)
STU:FDX
|
$2.85 Million |
|
Storebrand Global Plus A5
CO:STIGP
|
$2.85 Million |
|
YPSOMED HLDG N
MU:OWX
|
$2.85 Million |
|
Ludwig Enterprises Inc
PINK:LUDG
|
$2.85 Million |
|
SAFRAN - Dusseldorf Stock Exchang
DU:SEJ1
|
$2.84 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Candles Scandinavia AB Series B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 83,758,488 to 78,577,817, a change of -5,180,671 (-6.2%).
- Net loss of 6,366,238 reduced equity.
- Other factors increased equity by 1,185,567.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-6.37 Million | -8.1% |
| Other Changes | Skr1.19 Million | +1.51% |
| Total Change | Skr- | -6.19% |
Book Value vs Market Value Analysis
This analysis compares Candles Scandinavia AB Series B'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: 3.78x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 131.99x to 3.78x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-04-30 | Skr0.26 | Skr34.30 | x |
| 2020-04-30 | Skr0.66 | Skr34.30 | x |
| 2021-04-30 | Skr1.67 | Skr34.30 | x |
| 2022-04-30 | Skr5.39 | Skr34.30 | x |
| 2023-04-30 | Skr10.89 | Skr34.30 | x |
| 2024-04-30 | Skr9.68 | Skr34.30 | x |
| 2025-04-30 | Skr9.08 | Skr34.30 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Candles Scandinavia AB Series B 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): -8.10%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.56%
- • Asset Turnover: 1.04x
- • Equity Multiplier: 2.19x
- Recent ROE (-8.10%) is above the historical average (-8.70%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -126.35% | -5.72% | 1.20x | 18.38x | Skr-2.77 Million |
| 2020 | 60.44% | 4.22% | 1.49x | 9.61x | Skr2.59 Million |
| 2021 | 55.95% | 6.83% | 1.81x | 4.54x | Skr5.99 Million |
| 2022 | -30.04% | -8.01% | 1.60x | 2.34x | Skr-16.90 Million |
| 2023 | 0.98% | 0.44% | 1.28x | 1.75x | Skr-8.50 Million |
| 2024 | -13.79% | -6.44% | 1.55x | 1.38x | Skr-19.93 Million |
| 2025 | -8.10% | -3.56% | 1.04x | 2.19x | Skr-14.22 Million |
Industry Comparison
This section compares Candles Scandinavia AB Series B's net assets metrics with peer companies in the Household & Personal Products industry.
Industry Context
- Industry: Household & Personal Products
- Average net assets among peers: $374,602,125
- Average return on equity (ROE) among peers: -14.00%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Candles Scandinavia AB Series B (CANDLE-B) | Skr150.50 Million | -126.35% | 1.69x | $2.85 Million |
| Clemondo Group AB (publ) (CLEM) | $11.56 Million | 46.09% | 2.02x | $7.29 Million |
| Duni AB (DUNI) | $2.10 Billion | 12.72% | 0.76x | $198.06 Million |
| Ellen AB (publ) (ELN) | $14.21 Million | -65.07% | 0.24x | $248.28K |
| Lifeclean International AB (LCLEAN) | $12.26 Million | -55.78% | 0.72x | $1.17 Million |
| LN Future Invest AB (publ) (LNFI) | $4.54 Million | -27.38% | 1.06x | $377.40K |
| Lyko Group A (LYKO-A) | $106.05 Million | 5.39% | 3.29x | $88.98 Million |