Drillcon AB (DRIL) - Net Assets
Based on the latest financial reports, Drillcon AB (DRIL) has net assets worth Skr170.34 Million SEK (≈ $18.33 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr406.12 Million ≈ $43.71 Million USD) and total liabilities (Skr235.78 Million ≈ $25.37 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 DRIL cash and liquid asset ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr170.34 Million |
| % of Total Assets | 41.94% |
| 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. Also explore balance sheet size of Drillcon AB for the complete picture of this company's asset base.
Annual Net Assets for Drillcon AB (2005–2025)
The table below shows the annual net assets of Drillcon AB from 2005 to 2025. For live valuation and market cap data, see DRIL company net worth.
| 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 |
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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 |
|---|---|
|
VONEX Ltd
AU:VN8
|
$18.64 Million |
|
Hanil Chemical Ind. Co. Ltd
KQ:007770
|
$18.65 Million |
|
FACILITIES BY ADF LS-01
F:ZC8
|
$18.66 Million |
|
Theta Edge Bhd
KLSE:9075
|
$18.66 Million |
|
Mexco Energy Corporation
NYSE MKT:MXC
|
$18.62 Million |
|
Reko International Group Inc
V:REKO
|
$18.61 Million |
|
Lakeside Holding Limited Common Stock
NASDAQ:LSH
|
$18.61 Million |
|
Predictive Oncology Inc
NASDAQ:POAI
|
$18.60 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 5,611,000.
- Other factors increased equity by 3,812,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr43.00K | +0.03% |
| Other Comprehensive Income | Skr-5.61 Million | -3.29% |
| Other Changes | Skr3.81 Million | +2.24% |
| 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: 1.02x
- 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 1.72x to 1.02x 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 | Skr3.88 | x |
| 2009-12-31 | Skr2.30 | Skr3.88 | x |
| 2010-12-31 | Skr2.34 | Skr3.88 | x |
| 2011-12-31 | Skr2.79 | Skr3.88 | x |
| 2012-12-31 | Skr3.14 | Skr3.88 | x |
| 2013-12-31 | Skr3.18 | Skr3.88 | x |
| 2014-12-31 | Skr3.47 | Skr3.88 | x |
| 2015-12-31 | Skr2.82 | Skr3.88 | x |
| 2016-12-31 | Skr2.72 | Skr3.88 | x |
| 2017-12-31 | Skr3.02 | Skr3.88 | x |
| 2018-12-31 | Skr3.22 | Skr3.88 | x |
| 2019-12-31 | Skr3.72 | Skr3.88 | x |
| 2020-12-31 | Skr4.01 | Skr3.88 | x |
| 2021-12-31 | Skr3.15 | Skr3.88 | x |
| 2022-12-31 | Skr3.28 | Skr3.88 | x |
| 2023-12-31 | Skr3.70 | Skr3.88 | x |
| 2024-12-31 | Skr3.86 | Skr3.88 | x |
| 2025-12-31 | Skr3.82 | Skr3.88 | 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: $1,037,542,480
- Average return on equity (ROE) among peers: 9.41%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Drillcon AB (DRIL) | Skr170.34 Million | 40.49% | 1.38x | $18.62 Million |
| Awardit AB (AWRD) | $505.60 Million | 6.03% | 1.31x | $121.17 Million |
| COOR Service Management AB (COOR) | $2.46 Billion | 1.62% | 1.49x | $560.84 Million |
| Elanders AB (publ) (ELAN-B) | $436.60 Million | 84.04% | 2.64x | $174.71 Million |
| Green Landscaping Group AB (publ) (GREEN) | $1.34 Billion | 13.77% | 2.76x | $185.88 Million |
| Karnov Group AB (KAR) | $2.37 Billion | -1.39% | 2.16x | $775.03 Million |
| Nepa AB (NEPA) | $50.06 Million | -41.02% | 1.03x | $14.98 Million |
| ScandBook Holding AB (SBOK) | $98.05 Million | 2.84% | 0.60x | $29.09 Million |
About Drillcon AB
Drillcon AB (publ), together with its subsidiaries, operates as a diamond core drilling and raise boring contractor 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 provides raise boring services for ventilation, o… Read more