Candles Scandinavia AB Series B (CANDLE-B) - Net Assets
Based on the latest financial reports, Candles Scandinavia AB Series B (CANDLE-B) has net assets worth Skr147.85 Million SEK (≈ $15.91 Million USD) as of January 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr347.00 Million ≈ $37.34 Million USD) and total liabilities (Skr199.15 Million ≈ $21.43 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 CANDLE-B shareholders equity momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr147.85 Million |
| % of Total Assets | 42.61% |
| Annual Growth Rate | 86.06% |
| 5-Year Change | 269.79% |
| 10-Year Change | N/A |
| Growth Volatility | 80.52 |
Candles Scandinavia AB Series B - Net Assets Trend (2019–2026)
This chart illustrates how Candles Scandinavia AB Series B's net assets have evolved over time, based on quarterly financial data. Check Candles Scandinavia AB Series B PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Annual Net Assets for Candles Scandinavia AB Series B (2019–2026)
The table below shows the annual net assets of Candles Scandinavia AB Series B from 2019 to 2026. For live market cap and overall valuation, see market cap of Candles Scandinavia AB Series B.
| Year | Net Assets | Change |
|---|---|---|
| 2026-04-30 | Skr157.05 Million ≈ $16.90 Million |
+99.86% |
| 2025-04-30 | Skr78.58 Million ≈ $8.46 Million |
-6.19% |
| 2024-04-30 | Skr83.76 Million ≈ $9.01 Million |
-11.08% |
| 2023-04-30 | Skr94.20 Million ≈ $10.14 Million |
+121.81% |
| 2022-04-30 | Skr42.47 Million ≈ $4.57 Million |
+225.84% |
| 2021-04-30 | Skr13.03 Million ≈ $1.40 Million |
+153.51% |
| 2020-04-30 | Skr5.14 Million ≈ $553.30K |
+152.79% |
| 2019-04-30 | Skr2.03 Million ≈ $218.88K |
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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 1217.2% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (April 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr992.83K | 0.63% |
| Other Comprehensive Income | Skr2.36 Million | 1.51% |
| Other Components | Skr175.30 Million | 111.62% |
| Total Equity | Skr157.05 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 |
|---|---|
|
Bumyang Construction Co Ltd
KO:002410
|
$36.03 Million |
|
First Graphene Ltd
F:M11
|
$36.04 Million |
|
Jet2 PLC
LSE:JET2
|
$36.04 Million |
|
Usio Inc
NASDAQ:USIO
|
$36.05 Million |
|
Innometry Co. Ltd
KQ:302430
|
$36.03 Million |
|
Adcorp
JSE:ADR
|
$36.03 Million |
|
OUTLOOK THERAPEUTICS INC
NASDAQ:OTLK
|
$36.02 Million |
|
NBI Bearings Europe S.A.
MC:NBI
|
$36.01 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 2025 to 2026, total equity changed from 78,577,817 to 157,048,748, a change of 78,470,931 (99.9%).
- Net loss of 11,549,581 reduced equity.
- Other comprehensive income increased equity by 2,364,411.
- Other factors increased equity by 87,656,101.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-11.55 Million | -7.35% |
| Other Comprehensive Income | Skr2.36 Million | +1.51% |
| Other Changes | Skr87.66 Million | +55.81% |
| Total Change | Skr- | 99.86% |
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: 2.22x
- 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 144.31x to 2.22x 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 | Skr37.50 | x |
| 2020-04-30 | Skr0.66 | Skr37.50 | x |
| 2021-04-30 | Skr1.67 | Skr37.50 | x |
| 2022-04-30 | Skr5.39 | Skr37.50 | x |
| 2023-04-30 | Skr10.89 | Skr37.50 | x |
| 2024-04-30 | Skr9.68 | Skr37.50 | x |
| 2025-04-30 | Skr9.08 | Skr37.50 | x |
| 2026-04-30 | Skr16.91 | Skr37.50 | 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): -7.35%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3.76%
- • Asset Turnover: 0.85x
- • Equity Multiplier: 2.31x
- Recent ROE (-7.35%) is above the historical average (-8.53%), 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 |
| 2026 | -7.35% | -3.76% | 0.85x | 2.31x | Skr-27.25 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: $19,770,696,700
- Average return on equity (ROE) among peers: -44.70%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Candles Scandinavia AB Series B (CANDLE-B) | Skr147.85 Million | -126.35% | 1.35x | $36.03 Million |
| Clemondo Group AB (publ) (CLEM) | $33.36 Million | -106.93% | 5.47x | $10.58 Million |
| Ellen AB (publ) (ELN) | $8.51 Million | -124.04% | 0.57x | $1.29 Million |
| Essity AB (publ) (ESSITY-A) | $63.34 Billion | 16.15% | 1.44x | $1.73 Billion |
| Essity AB (publ) (ESSITY-B) | $54.90 Billion | 14.36% | 1.81x | $18.81 Billion |
| Lifeclean International AB (LCLEAN) | $12.51 Million | -70.66% | 0.68x | $3.71 Million |
| Lyko Group A (LYKO-A) | $328.80 Million | 2.95% | 1.57x | $132.47 Million |
About Candles Scandinavia AB Series B
Candles Scandinavia AB (publ) manufactures and sells sustainable home fragrance products in Europe. The company offers scented candles made fromplant-based, biodegradable wax sourced from Swedish-grown rapeseed, as well as room fragrances and fragrance sprays with fully biodegradable formulations. Candles Scandinavia AB (publ) was incorporated in 2009 and is based in Örebro, Sweden.