Case Group AB (CASE) - Net Assets
Based on the latest financial reports, Case Group AB (CASE) has net assets worth Skr336.92 Million SEK (≈ $36.26 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 (Skr388.73 Million ≈ $41.83 Million USD) and total liabilities (Skr51.81 Million ≈ $5.58 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 Case Group AB tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr336.92 Million |
| % of Total Assets | 86.67% |
| Annual Growth Rate | 49.83% |
| 5-Year Change | 398.79% |
| 10-Year Change | N/A |
| Growth Volatility | 116.43 |
Case Group AB - Net Assets Trend (2019–2025)
This chart illustrates how Case Group AB's net assets have evolved over time, based on quarterly financial data. See Case Group AB (CASE) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Case Group AB (2019–2025)
The table below shows the annual net assets of Case Group AB from 2019 to 2025. For live valuation and market cap data, see CASE company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr331.01 Million ≈ $35.62 Million |
+14.56% |
| 2024-12-31 | Skr288.95 Million ≈ $31.10 Million |
+6.30% |
| 2023-12-31 | Skr271.81 Million ≈ $29.25 Million |
+329.64% |
| 2022-12-31 | Skr63.27 Million ≈ $6.81 Million |
-4.67% |
| 2021-12-31 | Skr66.36 Million ≈ $7.14 Million |
+70.49% |
| 2020-12-31 | Skr38.93 Million ≈ $4.19 Million |
+33.11% |
| 2019-12-31 | Skr29.24 Million ≈ $3.15 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Case Group 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 grown by 693.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr85.84 Million | 26.06% |
| Common Stock | Skr1.61 Million | 0.49% |
| Other Components | Skr241.95 Million | 73.45% |
| Total Equity | Skr329.40 Million | 100.00% |
Case Group AB Competitors by Market Cap
The table below lists competitors of Case Group AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mistral Gayrimenkul Yatirim Ortakligi AS
IS:MSGYO
|
$74.18 Million |
|
Team Inc
NYSE:TISI
|
$74.19 Million |
|
Yojee Ltd
AU:YOJ
|
$74.19 Million |
|
Genasys Inc
NASDAQ:GNSS
|
$74.23 Million |
|
STX Corporation
KO:011810
|
$74.11 Million |
|
AV Tech Corp
TW:8072
|
$74.10 Million |
|
Huang Long Development Co Ltd
TWO:3512
|
$74.10 Million |
|
Carlo Gavazzi Holding AG
SW:GAV
|
$74.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Case Group AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 288,947,000 to 329,401,000, a change of 40,454,000 (14.0%).
- Net income of 42,063,000 contributed positively to equity growth.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr42.06 Million | +12.77% |
| Other Changes | Skr-1.61 Million | -0.49% |
| Total Change | Skr- | 14.00% |
Book Value vs Market Value Analysis
This analysis compares Case Group 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: 2.09x
- 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 14.56x to 2.09x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | Skr1.47 | Skr21.40 | x |
| 2020-12-31 | Skr1.96 | Skr21.40 | x |
| 2021-12-31 | Skr3.34 | Skr21.40 | x |
| 2022-12-31 | Skr3.17 | Skr21.40 | x |
| 2023-12-31 | Skr12.27 | Skr21.40 | x |
| 2024-12-31 | Skr8.98 | Skr21.40 | x |
| 2025-12-31 | Skr10.23 | Skr21.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Case Group 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): 12.77%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.84%
- • Asset Turnover: 0.54x
- • Equity Multiplier: 1.20x
- Recent ROE (12.77%) is below the historical average (23.87%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 64.57% | 19.85% | 1.95x | 1.67x | Skr15.96 Million |
| 2020 | 37.72% | 19.32% | 1.46x | 1.34x | Skr10.79 Million |
| 2021 | 50.67% | 29.52% | 1.32x | 1.30x | Skr26.99 Million |
| 2022 | -4.73% | -5.29% | 0.44x | 2.03x | Skr-9.32 Million |
| 2023 | 0.16% | 0.34% | 0.39x | 1.22x | Skr-26.74 Million |
| 2024 | 5.93% | 10.26% | 0.47x | 1.23x | Skr-11.76 Million |
| 2025 | 12.77% | 19.84% | 0.54x | 1.20x | Skr9.12 Million |
Industry Comparison
This section compares Case Group AB's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,594,905,872
- Average return on equity (ROE) among peers: -1.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Case Group AB (CASE) | Skr336.92 Million | 64.57% | 0.15x | $74.12 Million |
| Athanase Innovation AB (ATIN) | $276.69 Million | 2.56% | 1.57x | $46.49 Million |
| Bure Equity AB (BURE) | $1.50 Billion | 3.04% | 0.44x | $2.06 Billion |
| Catella AB A (CAT-A) | $925.00 Million | -1.51% | 2.74x | $4.93 Million |
| Catella AB (publ) (CAT-B) | $1.65 Billion | -6.80% | 3.26x | $191.60 Million |
| Creades AB (CRED-A) | $3.40 Billion | 7.18% | 0.05x | $783.52 Million |
| Effnetplattformen Holding AB (EFFH) | $27.39 Million | 4.85% | 0.16x | $13.20 Million |
| EQT AB (publ) (EQT) | $6.00 Billion | 2.16% | 0.53x | $34.77 Billion |
| First Venture Sweden AB Series B (FIRST-B) | $165.81 Million | -7.93% | 0.02x | $5.48 Million |
| Flat Capital AB Series B (FLAT-B) | $412.76 Million | -20.20% | 0.00x | $443.26 Million |
About Case Group AB
Case Group AB (publ) provides wealth management services for private clients in Sweden. It offers various investment products, such as equity, fixed income, money markets, and alternative strategies; and fund management, case elite, and institutional management services. The company was founded in 2004 and is headquartered in Stockholm, Sweden.