Eltel AB (ELTEL) - Net Assets

Latest as of December 2025: Skr168.31 Million SEK ≈ $18.11 Million USD

Based on the latest financial reports, Eltel AB (ELTEL) has net assets worth Skr168.31 Million SEK (≈ $18.11 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 (Skr653.22 Million ≈ $70.30 Million USD) and total liabilities (Skr484.91 Million ≈ $52.18 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 asset resilience ratio of Eltel AB to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Skr168.31 Million
% of Total Assets	25.77%
Annual Growth Rate	-2.69%
5-Year Change	-26.15%
10-Year Change	-51.48%
Growth Volatility	22.95

Eltel AB - Net Assets Trend (2011–2025)

This chart illustrates how Eltel AB's net assets have evolved over time, based on quarterly financial data. Also explore Eltel AB (ELTEL) total assets for the complete picture of this company's asset base.

Annual Net Assets for Eltel AB (2011–2025)

The table below shows the annual net assets of Eltel AB from 2011 to 2025. For live valuation and market cap data, see Eltel AB (ELTEL) market capitalisation.

Year	Net Assets	Change
2025-12-31	Skr168.31 Million ≈ $18.11 Million	-11.09%
2024-12-31	Skr189.30 Million ≈ $20.37 Million	-15.38%
2023-12-31	Skr223.70 Million ≈ $24.07 Million	+5.77%
2022-12-31	Skr211.50 Million ≈ $22.76 Million	-7.20%
2021-12-31	Skr227.90 Million ≈ $24.53 Million	+4.02%
2020-12-31	Skr219.10 Million ≈ $23.58 Million	-0.68%
2019-12-31	Skr220.60 Million ≈ $23.74 Million	-12.39%
2018-12-31	Skr251.80 Million ≈ $27.10 Million	-11.34%
2017-12-31	Skr284.00 Million ≈ $30.56 Million	-18.13%
2016-12-31	Skr346.90 Million ≈ $37.33 Million	-22.58%
2015-12-31	Skr448.10 Million ≈ $48.22 Million	+75.79%
2014-12-31	Skr254.90 Million ≈ $27.43 Million	-4.64%
2013-12-31	Skr267.30 Million ≈ $28.77 Million	+3.69%
2012-12-31	Skr257.80 Million ≈ $27.74 Million	+4.50%
2011-12-31	Skr246.70 Million ≈ $26.55 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Eltel 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 decreased by 31521565400.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Common Stock	Skr1.59 Million	1.00%
Other Comprehensive Income	Skr-62.28 Million	-38.94%
Other Components	Skr645.54 Million	403.61%
Total Equity	Skr159.94 Million	100.00%

Eltel AB Competitors by Market Cap

The table below lists competitors of Eltel AB ranked by their market capitalization.

Company	Market Cap
Endava Ltd NYSE:DAVA	$164.29 Million
Finance of America Companies Inc NYSE:FOA	$164.30 Million
St.Shine Optical Co Ltd TWO:1565	$164.40 Million
Castles Technology Co Ltd TW:5258	$164.50 Million
Novonix Ltd AU:NVX	$164.28 Million
Asia Tech Image TWO:4974	$164.23 Million
Evolution Petroleum Corporation Inc NYSE MKT:EPM	$164.17 Million
Votum SA WAR:VOT	$164.14 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Eltel AB's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 181,300,000 to 159,941,281, a change of -21,358,719 (-11.8%).
Net income of 2,241,246 contributed positively to equity growth.
New share issuances of 100,000 increased equity.
Other comprehensive income decreased equity by 17,782,430.
Other factors decreased equity by 5,917,535.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Skr2.24 Million	+1.4%
Share Issuances	Skr100.00K	+0.06%
Other Comprehensive Income	Skr-17.78 Million	-11.12%
Other Changes	Skr-5.92 Million	-3.7%
Total Change	Skr-	-11.78%

Book Value vs Market Value Analysis

This analysis compares Eltel 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: 9.56x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has increased from 3.14x to 9.56x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2011-12-31	Skr3.10	Skr9.74	x
2012-12-31	Skr3.23	Skr9.74	x
2013-12-31	Skr3.35	Skr9.74	x
2014-12-31	Skr3.18	Skr9.74	x
2015-12-31	Skr4.01	Skr9.74	x
2016-12-31	Skr3.23	Skr9.74	x
2017-12-31	Skr2.11	Skr9.74	x
2018-12-31	Skr1.56	Skr9.74	x
2019-12-31	Skr1.36	Skr9.74	x
2020-12-31	Skr1.35	Skr9.74	x
2021-12-31	Skr1.40	Skr9.74	x
2022-12-31	Skr1.30	Skr9.74	x
2023-12-31	Skr1.38	Skr9.74	x
2024-12-31	Skr1.16	Skr9.74	x
2025-12-31	Skr1.02	Skr9.74	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Eltel 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): 1.40%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 0.27%
• Asset Turnover: 1.28x
• Equity Multiplier: 4.08x
Recent ROE (1.40%) is above the historical average (-7.71%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2011	4.83%	1.16%	1.12x	3.71x	Skr-12.54 Million
2012	4.19%	0.92%	1.25x	3.63x	Skr-14.69 Million
2013	3.90%	0.88%	1.25x	3.53x	Skr-15.98 Million
2014	3.82%	0.76%	1.26x	3.95x	Skr-15.35 Million
2015	9.46%	3.32%	1.14x	2.49x	Skr-2.40 Million
2016	-24.59%	-5.97%	1.30x	3.18x	Skr-117.46 Million
2017	-74.12%	-15.44%	1.61x	2.99x	Skr-233.00 Million
2018	-9.54%	-1.96%	1.43x	3.40x	Skr-47.72 Million
2019	-11.78%	-2.31%	1.35x	3.79x	Skr-46.40 Million
2020	2.22%	0.50%	1.38x	3.20x	Skr-16.46 Million
2021	1.95%	0.53%	1.29x	2.86x	Skr-17.72 Million
2022	-7.30%	-1.81%	1.32x	3.05x	Skr-35.31 Million
2023	-3.66%	-0.93%	1.36x	2.89x	Skr-29.51 Million
2024	-16.38%	-3.58%	1.42x	3.23x	Skr-47.83 Million
2025	1.40%	0.27%	1.28x	4.08x	Skr-13.75 Million

Industry Comparison

This section compares Eltel AB's net assets metrics with peer companies in the Telecom Services industry.

Industry Context

Industry: Telecom Services
Average net assets among peers: $16,054,489,091
Average return on equity (ROE) among peers: -25.11%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Eltel AB (ELTEL)	Skr168.31 Million	4.83%	2.88x	$164.29 Million
Bahnhof AB Series B (BAHN-B)	$536.34 Million	33.68%	1.61x	$438.23 Million
Bredband2 i Skandinavien AB (BRE2)	$2.17 Million	6.37%	1.92x	$334.75 Million
Ovzon AB (OVZON)	$1.39 Billion	-2.60%	0.38x	$649.33 Million
Sinch AB (SINCH)	$864.96 Million	8.62%	1.69x	$2.27 Billion
TalkPool AG (TALK)	$2.15 Million	-14.32%	5.98x	$12.23 Million
Tele2 AB (publ) (TEL2-A)	$3.17 Billion	1.53%	1.75x	$197.81 Million
Tele2 AB (publ) (TEL2-B)	$22.68 Billion	9.75%	0.76x	$13.94 Billion
Telia Company AB (TELIA)	$115.83 Billion	8.68%	0.64x	$20.42 Billion
TH1NG AB (TH1NG)	$6.99 Million	-277.70%	3.47x	$988.27K

About Eltel AB

ST:ELTEL Sweden Telecom Services

Market Cap

$164.29 Million

Skr1.53 Billion SEK

Market Cap Rank

#17270 Global

#287 in Sweden

Share Price

Skr9.74

Change (1 day)

+7.03%

52-Week Range

Skr8.14 - Skr12.20

All Time High

Skr58.48