Elon AB (publ)
Elon AB (publ) operates a chain of consumer electronics stores in the Nordic countries. It operates through three segments: Business to Consumer, Elon Business, and Logistics & Services. The company offers white goods, kitchens, and communication solutions; cooling and heating products; and warehousing, logistics, freight contract, IT, and payment solutions. It operates through Elon, Elon Ljud & … Read more
Elon AB (publ) (ELON) - Net Assets
Latest net assets as of September 2025: Skr365.00 Million SEK
Based on the latest financial reports, Elon AB (publ) (ELON) has net assets worth Skr365.00 Million SEK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr1.89 Billion) and total liabilities (Skr1.53 Billion). 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 | Skr365.00 Million |
| % of Total Assets | 19.28% |
| Annual Growth Rate | 8.7% |
| 5-Year Change | 165.25% |
| 10-Year Change | 189.55% |
| Growth Volatility | 39.82 |
Elon AB (publ) - Net Assets Trend (2002–2024)
This chart illustrates how Elon AB (publ)'s net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Elon AB (publ) (2002–2024)
The table below shows the annual net assets of Elon AB (publ) from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr562.00 Million | +1.14% |
| 2023-12-31 | Skr555.68 Million | -11.08% |
| 2022-12-31 | Skr624.89 Million | +188.22% |
| 2021-12-31 | Skr216.81 Million | +2.33% |
| 2020-12-31 | Skr211.87 Million | +4.87% |
| 2019-12-31 | Skr202.03 Million | +0.61% |
| 2018-12-31 | Skr200.81 Million | -1.14% |
| 2017-12-31 | Skr203.14 Million | +1.99% |
| 2016-12-31 | Skr199.17 Million | +2.62% |
| 2015-12-31 | Skr194.09 Million | +1.40% |
| 2014-12-31 | Skr191.42 Million | +6.64% |
| 2013-12-31 | Skr179.51 Million | +7.93% |
| 2012-12-31 | Skr166.32 Million | -1.75% |
| 2011-12-31 | Skr169.29 Million | -5.57% |
| 2010-12-31 | Skr179.27 Million | -8.70% |
| 2009-12-31 | Skr196.35 Million | +4.17% |
| 2008-12-31 | Skr188.49 Million | -5.18% |
| 2007-12-31 | Skr198.79 Million | +8.10% |
| 2006-12-31 | Skr183.90 Million | +39.12% |
| 2005-12-31 | Skr132.19 Million | +26.65% |
| 2004-12-31 | Skr104.37 Million | +16.02% |
| 2003-12-31 | Skr89.95 Million | +0.32% |
| 2002-12-31 | Skr89.66 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Elon AB (publ)'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 472.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr243.30 Million | 43.29% |
| Common Stock | Skr37.15 Million | 6.61% |
| Other Comprehensive Income | Skr1.85 Million | 0.33% |
| Other Components | Skr279.70 Million | 49.77% |
| Total Equity | Skr562.00 Million | 100.00% |
Elon AB (publ) Competitors by Market Cap
The table below lists competitors of Elon AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Urbanise.com Ltd
AU:UBN
|
$8.07 Million |
|
Foodlink A.E
AT:FOODL
|
$8.07 Million |
|
Bastas Baskent Cimento Sanayi ve Ticaret AS
IS:BASCM
|
$8.07 Million |
|
China Foods Limited
PINK:CHFHF
|
$8.07 Million |
|
Bone Biologics Corp Warrants
NASDAQ:BBLGW
|
$8.06 Million |
|
UTStarcom Holdings Corp
NASDAQ:UTSI
|
$8.06 Million |
|
Transcode Therapeutics Inc
NASDAQ:RNAZ
|
$8.06 Million |
|
Digital Graphics Incorporation
KQ:043360
|
$8.05 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Elon AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 555,682,000 to 562,000,000, a change of 6,318,000 (1.1%).
- Net income of 3,341,000 contributed positively to equity growth.
- Dividend payments of 18,600,000 reduced retained earnings.
- Other comprehensive income increased equity by 21,815,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr3.34 Million | +0.59% |
| Dividends Paid | Skr18.60 Million | -3.31% |
| Other Comprehensive Income | Skr21.82 Million | +3.88% |
| Other Changes | Skr-238.00K | -0.04% |
| Total Change | Skr- | 1.14% |
Book Value vs Market Value Analysis
This analysis compares Elon AB (publ)'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: 0.52x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Skr36.16 | Skr19.70 | x |
| 2009-12-31 | Skr37.75 | Skr19.70 | x |
| 2010-12-31 | Skr33.94 | Skr19.70 | x |
| 2011-12-31 | Skr31.98 | Skr19.70 | x |
| 2012-12-31 | Skr31.65 | Skr19.70 | x |
| 2013-12-31 | Skr34.16 | Skr19.70 | x |
| 2014-12-31 | Skr36.71 | Skr19.70 | x |
| 2015-12-31 | Skr37.28 | Skr19.70 | x |
| 2016-12-31 | Skr37.93 | Skr19.70 | x |
| 2017-12-31 | Skr38.59 | Skr19.70 | x |
| 2018-12-31 | Skr38.10 | Skr19.70 | x |
| 2019-12-31 | Skr38.35 | Skr19.70 | x |
| 2020-12-31 | Skr40.74 | Skr19.70 | x |
| 2021-12-31 | Skr41.69 | Skr19.70 | x |
| 2022-12-31 | Skr46.87 | Skr19.70 | x |
| 2023-12-31 | Skr37.39 | Skr19.70 | x |
| 2024-12-31 | Skr37.82 | Skr19.70 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Elon AB (publ) 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): 0.59%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.07%
- • Asset Turnover: 2.23x
- • Equity Multiplier: 3.77x
- Recent ROE (0.59%) is below the historical average (11.53%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 17.61% | 1.85% | 2.14x | 4.43x | Skr6.82 Million |
| 2003 | 0.81% | 0.08% | 2.27x | 4.40x | Skr-8.26 Million |
| 2004 | 14.23% | 1.53% | 2.23x | 4.19x | Skr4.42 Million |
| 2005 | 23.10% | 2.86% | 2.65x | 3.05x | Skr17.31 Million |
| 2006 | 16.47% | 2.36% | 2.91x | 2.40x | Skr11.90 Million |
| 2007 | 16.70% | 2.58% | 2.93x | 2.21x | Skr13.32 Million |
| 2008 | 10.72% | 1.89% | 3.50x | 1.62x | Skr1.35 Million |
| 2009 | 12.15% | 2.17% | 3.27x | 1.71x | Skr4.23 Million |
| 2010 | 13.05% | 2.03% | 3.56x | 1.81x | Skr5.38 Million |
| 2011 | 9.51% | 1.51% | 2.99x | 2.10x | Skr-811.50K |
| 2012 | 8.14% | 1.06% | 2.71x | 2.85x | Skr-3.07 Million |
| 2013 | 17.60% | 2.00% | 3.29x | 2.67x | Skr13.50 Million |
| 2014 | 18.96% | 2.13% | 3.31x | 2.69x | Skr17.15 Million |
| 2015 | 15.53% | 1.77% | 3.10x | 2.82x | Skr10.74 Million |
| 2016 | 13.29% | 1.53% | 3.35x | 2.59x | Skr6.54 Million |
| 2017 | 12.51% | 1.46% | 2.89x | 2.98x | Skr5.11 Million |
| 2018 | 8.90% | 0.96% | 3.35x | 2.78x | Skr-2.21 Million |
| 2019 | 8.70% | 0.96% | 2.86x | 3.15x | Skr-2.63 Million |
| 2020 | 10.62% | 1.15% | 3.20x | 2.89x | Skr1.32 Million |
| 2021 | 13.60% | 1.52% | 3.52x | 2.54x | Skr7.81 Million |
| 2022 | 5.33% | 0.70% | 2.19x | 3.49x | Skr-29.19 Million |
| 2023 | -3.00% | -0.34% | 2.25x | 3.91x | Skr-72.22 Million |
| 2024 | 0.59% | 0.07% | 2.23x | 3.77x | Skr-52.86 Million |
Industry Comparison
This section compares Elon AB (publ)'s net assets metrics with peer companies in the Specialty Retail industry.
Industry Context
- Industry: Specialty Retail
- Average net assets among peers: $1,777,398,667
- Average return on equity (ROE) among peers: 11.03%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Elon AB (publ) (ELON) | Skr365.00 Million | 17.61% | 4.19x | $8.06 Million |
| Bokusgruppen AB (BOKUS) | $460.70 Million | 9.93% | 1.99x | $14.68 Million |
| Clas Ohlson AB (publ) (CLAS-B) | $1.44 Billion | 12.57% | 2.56x | $1.48 Billion |
| New Wave Group AB (publ) (NEWA-B) | $3.43 Billion | 10.58% | 1.06x | $707.86 Million |