Telefonaktiebolaget LM Ericsson (publ) (ERIC-A) - Net Assets

Latest as of December 2025: Skr110.26 Billion SEK ≈ $11.87 Billion USD

Based on the latest financial reports, Telefonaktiebolaget LM Ericsson (publ) (ERIC-A) has net assets worth Skr110.26 Billion SEK (≈ $11.87 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr279.22 Billion ≈ $30.05 Billion USD) and total liabilities (Skr168.96 Billion ≈ $18.18 Billion 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 Telefonaktiebolaget LM Ericsson (publ) liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Skr110.26 Billion
% of Total Assets	39.49%
Annual Growth Rate	7.2%
5-Year Change	2.96%
10-Year Change	-21.52%
Growth Volatility	512.54

Telefonaktiebolaget LM Ericsson (publ) - Net Assets Trend (1986–2025)

This chart illustrates how Telefonaktiebolaget LM Ericsson (publ)'s net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Telefonaktiebolaget LM Ericsson (publ) for the complete picture of this company's asset base.

Annual Net Assets for Telefonaktiebolaget LM Ericsson (publ) (1986–2025)

The table below shows the annual net assets of Telefonaktiebolaget LM Ericsson (publ) from 1986 to 2025. For live valuation and market cap data, see how much is Telefonaktiebolaget LM Ericsson (publ) worth.

Year	Net Assets	Change
2025-12-31	Skr110.26 Billion ≈ $11.87 Billion	+18.59%
2024-12-31	Skr92.98 Billion ≈ $10.01 Billion	-4.54%
2023-12-31	Skr97.41 Billion ≈ $10.48 Billion	-26.93%
2022-12-31	Skr133.30 Billion ≈ $14.35 Billion	+24.47%
2021-12-31	Skr107.10 Billion ≈ $11.53 Billion	+25.74%
2020-12-31	Skr85.18 Billion ≈ $9.17 Billion	+4.03%
2019-12-31	Skr81.88 Billion ≈ $8.81 Billion	-6.71%
2018-12-31	Skr87.77 Billion ≈ $9.45 Billion	-12.38%
2017-12-31	Skr100.18 Billion ≈ $10.78 Billion	-28.70%
2016-12-31	Skr140.49 Billion ≈ $15.12 Billion	-4.66%
2015-12-31	Skr147.37 Billion ≈ $15.86 Billion	+1.42%
2014-12-31	Skr145.31 Billion ≈ $15.64 Billion	+2.60%
2013-12-31	Skr141.62 Billion ≈ $15.24 Billion	+2.27%
2012-12-31	Skr138.48 Billion ≈ $14.90 Billion	-4.67%
2011-12-31	Skr145.27 Billion ≈ $15.63 Billion	-1.03%
2010-12-31	Skr146.78 Billion ≈ $15.80 Billion	+3245.25%
2009-12-31	Skr4.39 Billion ≈ $472.20 Million	-96.91%
2008-12-31	Skr142.08 Billion ≈ $15.29 Billion	+5.02%
2007-12-31	Skr135.29 Billion ≈ $14.56 Billion	+12.23%
2006-12-31	Skr120.54 Billion ≈ $12.97 Billion	+14.31%
2005-12-31	Skr105.45 Billion ≈ $11.35 Billion	+33.69%
2004-12-31	Skr78.88 Billion ≈ $8.49 Billion	+25.75%
2003-12-31	Skr62.73 Billion ≈ $6.75 Billion	-17.72%
2002-12-31	Skr76.24 Billion ≈ $8.20 Billion	+5.76%
2001-12-31	Skr72.09 Billion ≈ $7.76 Billion	-24.23%
2000-12-31	Skr95.13 Billion ≈ $10.24 Billion	+33.45%
1999-12-31	Skr71.28 Billion ≈ $7.67 Billion	+9.31%
1998-12-31	Skr65.21 Billion ≈ $7.02 Billion	+13.80%
1997-12-31	Skr57.30 Billion ≈ $6.17 Billion	+30.71%
1996-12-31	Skr43.84 Billion ≈ $4.72 Billion	+22.87%
1995-12-31	Skr35.68 Billion ≈ $3.84 Billion	+42.38%
1994-12-31	Skr25.06 Billion ≈ $2.70 Billion	+7.54%
1993-12-31	Skr23.30 Billion ≈ $2.51 Billion	+21.24%
1992-12-31	Skr19.22 Billion ≈ $2.07 Billion	+1.54%
1991-12-31	Skr18.93 Billion ≈ $2.04 Billion	+13.53%
1990-12-31	Skr16.67 Billion ≈ $1.79 Billion	+52.31%
1989-12-31	Skr10.95 Billion ≈ $1.18 Billion	+26.56%
1988-12-31	Skr8.65 Billion ≈ $930.85 Million	+15.41%
1987-12-31	Skr7.50 Billion ≈ $806.58 Million	+2.34%
1986-12-31	Skr7.32 Billion ≈ $788.13 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Telefonaktiebolaget LM Ericsson (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 decreased by 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Other Components	Skr109.53 Billion	100.00%
Total Equity	Skr109.53 Billion	100.00%

Telefonaktiebolaget LM Ericsson (publ) Competitors by Market Cap

The table below lists competitors of Telefonaktiebolaget LM Ericsson (publ) ranked by their market capitalization.

Company	Market Cap
Lakala Payment Co Ltd SHE:300773	$3.06 Billion
Quilter PLC JSE:QLT	$3.06 Billion
Sunrun Inc NASDAQ:RUN	$3.06 Billion
Medacta Group SA SW:MOVE	$3.06 Billion
CITY DEV.LTD.ADR/1 SD-50 F:CDE0	$3.06 Billion
Global Power Synergy PCL BK:GPSC	$3.05 Billion
Amber Enterprises India Limited NSE:AMBER	$3.05 Billion
Multiplan Empreendimentos Imobiliários S.A SA:MULT3	$3.05 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Telefonaktiebolaget LM Ericsson (publ)'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 94,284,000,000 to 109,535,000,000, a change of 15,251,000,000 (16.2%).
Net income of 28,428,000,000 contributed positively to equity growth.
Dividend payments of 9,545,000,000 reduced retained earnings.
Share repurchases of 6,000,000 reduced equity.
Other comprehensive income decreased equity by 10,515,000,000.
Other factors increased equity by 6,889,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Skr28.43 Billion	+25.95%
Dividends Paid	Skr9.54 Billion	-8.71%
Share Repurchases	Skr6.00 Million	-0.01%
Other Comprehensive Income	Skr-10.52 Billion	-9.6%
Other Changes	Skr6.89 Billion	+6.29%
Total Change	Skr-	16.18%

Book Value vs Market Value Analysis

This analysis compares Telefonaktiebolaget LM Ericsson (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: 3.31x
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 decreased from 20.62x to 3.31x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
1986-12-31	Skr5.27	Skr108.60	x
1987-12-31	Skr5.87	Skr108.60	x
1988-12-31	Skr6.05	Skr108.60	x
1989-12-31	Skr7.87	Skr108.60	x
1990-12-31	Skr10.89	Skr108.60	x
1991-12-31	Skr10.55	Skr108.60	x
1992-12-31	Skr12.87	Skr108.60	x
1993-12-31	Skr15.66	Skr108.60	x
1994-12-31	Skr19.72	Skr108.60	x
1995-12-31	Skr22.97	Skr108.60	x
1996-12-31	Skr25.63	Skr108.60	x
1997-12-31	Skr33.48	Skr108.60	x
1998-12-31	Skr39.54	Skr108.60	x
1999-12-31	Skr43.77	Skr108.60	x
2000-12-31	Skr58.15	Skr108.60	x
2001-12-31	Skr43.32	Skr108.60	x
2002-12-31	Skr29.08	Skr108.60	x
2003-12-31	Skr19.07	Skr108.60	x
2004-12-31	Skr24.58	Skr108.60	x
2005-12-31	Skr33.01	Skr108.60	x
2006-12-31	Skr37.73	Skr108.60	x
2007-12-31	Skr42.08	Skr108.60	x
2008-12-31	Skr43.97	Skr108.60	x
2009-12-31	Skr1.23	Skr108.60	x
2010-12-31	Skr44.98	Skr108.60	x
2011-12-31	Skr44.26	Skr108.60	x
2012-12-31	Skr42.16	Skr108.60	x
2013-12-31	Skr43.05	Skr108.60	x
2014-12-31	Skr44.13	Skr108.60	x
2015-12-31	Skr43.32	Skr108.60	x
2016-12-31	Skr42.33	Skr108.60	x
2017-12-31	Skr30.01	Skr108.60	x
2018-12-31	Skr26.21	Skr108.60	x
2019-12-31	Skr24.87	Skr108.60	x
2020-12-31	Skr26.06	Skr108.60	x
2021-12-31	Skr32.65	Skr108.60	x
2022-12-31	Skr40.44	Skr108.60	x
2023-12-31	Skr29.63	Skr108.60	x
2024-12-31	Skr28.24	Skr108.60	x
2025-12-31	Skr32.78	Skr108.60	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Telefonaktiebolaget LM Ericsson (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): 25.95%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 12.01%
• Asset Turnover: 0.85x
• Equity Multiplier: 2.55x
Recent ROE (25.95%) is above the historical average (2.17%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
1986	7.72%	1.74%	0.94x	4.69x	Skr-167.34 Million
1987	9.84%	2.22%	1.00x	4.46x	Skr-11.79 Million
1988	15.22%	4.13%	0.92x	4.01x	Skr451.17 Million
1989	16.71%	4.66%	0.97x	3.70x	Skr734.44 Million
1990	20.59%	7.39%	0.99x	2.82x	Skr1.77 Billion
1991	5.28%	1.93%	0.92x	2.96x	Skr-796.42 Million
1992	2.75%	1.02%	0.84x	3.22x	Skr-1.26 Billion
1993	13.31%	4.46%	0.94x	3.17x	Skr704.64 Million
1994	16.95%	4.68%	1.16x	3.13x	Skr1.62 Billion
1995	15.87%	5.46%	1.10x	2.65x	Skr1.99 Billion
1996	17.57%	5.65%	1.12x	2.77x	Skr3.06 Billion
1997	22.70%	7.12%	1.14x	2.80x	Skr6.72 Billion
1998	20.66%	7.07%	1.10x	2.65x	Skr6.73 Billion
1999	17.54%	5.63%	1.06x	2.93x	Skr5.21 Billion
2000	22.92%	7.68%	1.09x	2.73x	Skr11.93 Billion
2001	-31.01%	-9.17%	0.93x	3.65x	Skr-28.11 Billion
2002	-25.83%	-13.04%	0.70x	2.83x	Skr-26.43 Billion
2003	-17.93%	-9.21%	0.65x	3.02x	Skr-16.88 Billion
2004	24.61%	14.41%	0.72x	2.37x	Skr11.37 Billion
2005	23.23%	16.02%	0.73x	2.00x	Skr13.84 Billion
2006	21.86%	14.77%	0.83x	1.79x	Skr14.20 Billion
2007	16.28%	11.63%	0.77x	1.83x	Skr8.44 Billion
2008	8.01%	5.40%	0.73x	2.03x	Skr-2.81 Billion
2009	-219.42%	-12.32%	2.08x	8.56x	Skr-8.96 Billion
2010	7.68%	5.48%	0.72x	1.94x	Skr-3.36 Billion
2011	8.52%	5.37%	0.81x	1.96x	Skr-2.12 Billion
2012	4.22%	2.54%	0.83x	2.01x	Skr-7.91 Billion
2013	8.56%	5.28%	0.84x	1.92x	Skr-2.02 Billion
2014	8.02%	5.07%	0.78x	2.03x	Skr-2.86 Billion
2015	9.25%	5.49%	0.87x	1.94x	Skr-1.10 Billion
2016	1.23%	0.77%	0.79x	2.03x	Skr-12.27 Billion
2017	-35.37%	-17.49%	0.77x	2.62x	Skr-45.16 Billion
2018	-7.51%	-3.10%	0.78x	3.09x	Skr-15.23 Billion
2019	2.69%	0.98%	0.82x	3.35x	Skr-6.03 Billion
2020	20.17%	7.52%	0.86x	3.13x	Skr8.82 Billion
2021	20.86%	9.77%	0.76x	2.81x	Skr11.82 Billion
2022	13.89%	6.90%	0.78x	2.59x	Skr5.24 Billion
2023	-26.80%	-10.04%	0.85x	3.14x	Skr-36.31 Billion
2024	0.02%	0.01%	0.85x	3.10x	Skr-9.41 Billion
2025	25.95%	12.01%	0.85x	2.55x	Skr17.47 Billion

Industry Comparison

This section compares Telefonaktiebolaget LM Ericsson (publ)'s net assets metrics with peer companies in the Communication Equipment industry.

Industry Context

Industry: Communication Equipment
Average net assets among peers: $12,248,337,362
Average return on equity (ROE) among peers: -13.15%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Telefonaktiebolaget LM Ericsson (publ) (ERIC-A)	Skr110.26 Billion	7.72%	1.53x	$3.06 Billion
Alcadon Group AB (ALCA)	$59.98 Million	37.34%	3.20x	$85.73 Million
DORO AB (DORO)	$287.00 Million	21.11%	1.61x	$105.09 Million
Ependion AB (EPEN)	$688.68 Million	9.43%	1.97x	$436.84 Million
Telefonaktiebolaget LM Ericsson (publ) (ERIC-B)	$107.10 Billion	21.19%	1.85x	$35.81 Billion
Gapwaves AB Series B (GAPW-B)	$79.95 Million	-55.01%	0.18x	$33.38 Million
Hitech & Development Wireless Sweden Holding AB (publ) (HDW-B)	$4.68 Million	5.27%	3.71x	$588.92K
HMS Networks AB (publ) (HMS)	$342.06 Million	15.25%	0.22x	$2.91 Billion
Hexatronic Group AB (HTRO)	$1.65 Billion	15.36%	1.86x	$843.81 Million
InCoax Networks AB (INCOAX)	$26.18 Million	-188.34%	0.56x	$10.06 Million

About Telefonaktiebolaget LM Ericsson (publ)

ST:ERIC-A Sweden Communication Equipment

Market Cap

$3.06 Billion

Skr28.43 Billion SEK

Market Cap Rank

#4872 Global

#63 in Sweden

Share Price

Skr108.60

Change (1 day)

+1.88%

52-Week Range

Skr70.10 - Skr112.20

All Time High

Skr112.20