Drillcon AB (DRIL) - Net Assets
Based on the latest financial reports, Drillcon AB (DRIL) has net assets worth Skr169.57 Million SEK (≈ $18.25 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr436.07 Million ≈ $46.93 Million USD) and total liabilities (Skr266.49 Million ≈ $28.68 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 Drillcon AB PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr169.57 Million |
| % of Total Assets | 38.89% |
| Annual Growth Rate | 10.85% |
| 5-Year Change | 21.09% |
| 10-Year Change | 40.48% |
| Growth Volatility | 89.73 |
Drillcon AB - Net Assets Trend (2005–2025)
This chart illustrates how Drillcon AB's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see DRIL market cap.
Annual Net Assets for Drillcon AB (2005–2025)
The table below shows the annual net assets of Drillcon AB from 2005 to 2025. Also explore Drillcon AB equity growth rate to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr170.34 Million ≈ $18.33 Million |
-1.02% |
| 2024-12-31 | Skr172.10 Million ≈ $18.52 Million |
+4.43% |
| 2023-12-31 | Skr164.80 Million ≈ $17.74 Million |
+12.76% |
| 2022-12-31 | Skr146.15 Million ≈ $15.73 Million |
+3.89% |
| 2021-12-31 | Skr140.67 Million ≈ $15.14 Million |
-21.30% |
| 2020-12-31 | Skr178.75 Million ≈ $19.24 Million |
+7.68% |
| 2019-12-31 | Skr166.01 Million ≈ $17.87 Million |
+15.45% |
| 2018-12-31 | Skr143.80 Million ≈ $15.47 Million |
+6.79% |
| 2017-12-31 | Skr134.65 Million ≈ $14.49 Million |
+11.05% |
| 2016-12-31 | Skr121.26 Million ≈ $13.05 Million |
-3.43% |
| 2015-12-31 | Skr125.56 Million ≈ $13.51 Million |
-18.96% |
| 2014-12-31 | Skr154.94 Million ≈ $16.67 Million |
+9.14% |
| 2013-12-31 | Skr141.97 Million ≈ $15.28 Million |
+1.47% |
| 2012-12-31 | Skr139.91 Million ≈ $15.06 Million |
+12.46% |
| 2011-12-31 | Skr124.41 Million ≈ $13.39 Million |
+21.31% |
| 2010-12-31 | Skr102.56 Million ≈ $11.04 Million |
+1.98% |
| 2009-12-31 | Skr100.57 Million ≈ $10.82 Million |
+1.51% |
| 2008-12-31 | Skr99.07 Million ≈ $10.66 Million |
-23.81% |
| 2007-12-31 | Skr130.03 Million ≈ $13.99 Million |
+411.12% |
| 2006-12-31 | Skr25.44 Million ≈ $2.74 Million |
+17.15% |
| 2005-12-31 | Skr21.72 Million ≈ $2.34 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Drillcon 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 276.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr82.01 Million | 48.14% |
| Common Stock | Skr1.78 Million | 1.05% |
| Other Comprehensive Income | Skr-5.61 Million | -3.29% |
| Other Components | Skr92.16 Million | 54.10% |
| Total Equity | Skr170.34 Million | 100.00% |
Drillcon AB Competitors by Market Cap
The table below lists competitors of Drillcon AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ikapharmindo Putramas Tbk.
JK:IKPM
|
$17.57 Million |
|
Salee Printing Public Company Limited
BK:SLP
|
$17.58 Million |
|
Zodiac Energy Limited
NSE:ZODIAC
|
$17.59 Million |
|
Kwang Jin Ind. Co. Ltd
KQ:026910
|
$17.60 Million |
|
Carawine Resources Ltd
AU:CWX
|
$17.54 Million |
|
SemiLEDS Corporation
NASDAQ:LEDS
|
$17.54 Million |
|
Wooyang Co. Ltd
KQ:103840
|
$17.54 Million |
|
PS International Group Ltd. Ordinary Shares
NASDAQ:PSIG
|
$17.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Drillcon AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 172,098,000 to 170,342,000, a change of -1,756,000 (-1.0%).
- Net income of 43,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 1,799,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr43.00K | +0.03% |
| Other Comprehensive Income | Skr-1.80 Million | -1.06% |
| Total Change | Skr- | -1.02% |
Book Value vs Market Value Analysis
This analysis compares Drillcon 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: 0.96x
- 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 1.62x to 0.96x 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 | Skr2.26 | Skr3.66 | x |
| 2009-12-31 | Skr2.30 | Skr3.66 | x |
| 2010-12-31 | Skr2.34 | Skr3.66 | x |
| 2011-12-31 | Skr2.79 | Skr3.66 | x |
| 2012-12-31 | Skr3.14 | Skr3.66 | x |
| 2013-12-31 | Skr3.18 | Skr3.66 | x |
| 2014-12-31 | Skr3.47 | Skr3.66 | x |
| 2015-12-31 | Skr2.82 | Skr3.66 | x |
| 2016-12-31 | Skr2.72 | Skr3.66 | x |
| 2017-12-31 | Skr3.02 | Skr3.66 | x |
| 2018-12-31 | Skr3.22 | Skr3.66 | x |
| 2019-12-31 | Skr3.72 | Skr3.66 | x |
| 2020-12-31 | Skr4.01 | Skr3.66 | x |
| 2021-12-31 | Skr3.15 | Skr3.66 | x |
| 2022-12-31 | Skr3.28 | Skr3.66 | x |
| 2023-12-31 | Skr3.70 | Skr3.66 | x |
| 2024-12-31 | Skr3.86 | Skr3.66 | x |
| 2025-12-31 | Skr3.82 | Skr3.66 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Drillcon 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): 0.03%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.01%
- • Asset Turnover: 0.97x
- • Equity Multiplier: 2.38x
- Recent ROE (0.03%) is below the historical average (10.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 40.49% | 8.85% | 1.69x | 2.71x | Skr6.62 Million |
| 2006 | 36.73% | 7.07% | 1.94x | 2.68x | Skr6.80 Million |
| 2007 | 11.28% | 5.90% | 1.16x | 1.65x | Skr1.67 Million |
| 2008 | -39.20% | -12.63% | 1.63x | 1.91x | Skr-48.74 Million |
| 2009 | 5.66% | 2.19% | 1.48x | 1.74x | Skr-4.36 Million |
| 2010 | 11.68% | 4.10% | 1.59x | 1.79x | Skr1.72 Million |
| 2011 | 18.25% | 6.29% | 1.50x | 1.94x | Skr10.27 Million |
| 2012 | 17.15% | 6.23% | 1.45x | 1.90x | Skr10.00 Million |
| 2013 | 5.63% | 2.33% | 1.33x | 1.83x | Skr-6.20 Million |
| 2014 | 8.83% | 4.44% | 1.15x | 1.72x | Skr-1.82 Million |
| 2015 | -4.17% | -1.87% | 1.31x | 1.70x | Skr-17.79 Million |
| 2016 | 12.26% | 5.77% | 1.11x | 1.92x | Skr2.74 Million |
| 2017 | 19.12% | 7.36% | 1.25x | 2.07x | Skr12.28 Million |
| 2018 | 15.53% | 5.78% | 1.21x | 2.23x | Skr7.95 Million |
| 2019 | 22.21% | 9.38% | 1.28x | 1.85x | Skr20.26 Million |
| 2020 | 7.50% | 4.34% | 1.06x | 1.63x | Skr-4.47 Million |
| 2021 | -4.89% | -1.84% | 1.16x | 2.30x | Skr-20.94 Million |
| 2022 | 2.49% | 0.88% | 1.17x | 2.43x | Skr-10.98 Million |
| 2023 | 12.74% | 4.44% | 1.35x | 2.12x | Skr4.51 Million |
| 2024 | 11.63% | 4.81% | 1.15x | 2.11x | Skr2.80 Million |
| 2025 | 0.03% | 0.01% | 0.97x | 2.38x | Skr-16.99 Million |
Industry Comparison
This section compares Drillcon AB's net assets metrics with peer companies in the Specialty Business Services industry.
Industry Context
- Industry: Specialty Business Services
- Average net assets among peers: $189,838,641
- Average return on equity (ROE) among peers: -15.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Drillcon AB (DRIL) | Skr169.57 Million | 40.49% | 1.57x | $17.57 Million |
| Awardit AB (AWRD) | $405.59 Million | -26.56% | 1.69x | $121.17 Million |
| COOR Service Management AB (COOR) | $-1.81 Billion | 0.00% | 0.00x | $518.43 Million |
| Green Landscaping Group AB (publ) (GREEN) | $30.95 Million | -92.85% | 9.62x | $129.11 Million |
| Karnov Group AB (KAR) | $2.34 Billion | 1.63% | 1.97x | $775.94 Million |
| Nepa AB (NEPA) | $65.07 Million | 20.18% | 1.57x | $13.62 Million |
| ScandBook Holding AB (SBOK) | $107.64 Million | 3.12% | 1.00x | $23.35 Million |
About Drillcon AB
Drillcon AB (publ), together with its subsidiaries, operates as a provider of drilling services in the mining and infrastructure segment in Europe and internationally. The company offers various core drilling services, such as surface and underground core drilling, and percussion drilling services, as well as technical surveys and services related to drilling. It also offers raise boring services… Read more