Evolution AB (publ) Net Assets

Latest as of June 2026: Skr4.25 Billion SEK ≈ $456.92 Million USD

Evolution AB (publ) net assets. Based on the latest financial reports, Evolution AB (publ) (EVO) has net assets worth Skr4.25 Billion SEK (≈ $456.92 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 (Skr5.49 Billion ≈ $590.32 Million USD) and total liabilities (Skr1.24 Billion ≈ $133.40 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. Also explore EVO year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Skr4.25 Billion
% of Total Assets	77.4%
Annual Growth Rate	55.21%
5-Year Change	27.31%
10-Year Change	6257.61%
Growth Volatility	224.16

Net Assets of Evolution AB (publ) (2012–2025)

Net assets of Evolution AB (publ) from 2012 to 2025. This chart illustrates how Evolution AB (publ)'s net assets have evolved over time, based on quarterly financial data. See Evolution AB (publ) balance sheet quality to measure how much of total assets are equity-financed.

Annual Net Assets for Evolution AB (publ) (2012–2025)

The table below shows the annual net assets of Evolution AB (publ) from 2012 to 2025. For live market cap and overall valuation, see EVO stock market capitalisation.

Year	Net Assets	Change
2025-12-31	Skr4.06 Billion ≈ $437.16 Million	+2.28%
2024-12-31	Skr3.97 Billion ≈ $427.43 Million	-0.86%
2023-12-31	Skr4.01 Billion ≈ $431.13 Million	+15.78%
2022-12-31	Skr3.46 Billion ≈ $372.38 Million	+8.44%
2021-12-31	Skr3.19 Billion ≈ $343.40 Million	+17.05%
2020-12-31	Skr2.73 Billion ≈ $293.38 Million	+870.52%
2019-12-31	Skr280.90 Million ≈ $30.23 Million	+73.10%
2018-12-31	Skr162.27 Million ≈ $17.46 Million	+47.68%
2017-12-31	Skr109.88 Million ≈ $11.82 Million	+71.97%
2016-12-31	Skr63.90 Million ≈ $6.88 Million	+45.84%
2015-12-31	Skr43.81 Million ≈ $4.71 Million	+84.74%
2014-12-31	Skr23.72 Million ≈ $2.55 Million	+68.74%
2013-12-31	Skr14.05 Million ≈ $1.51 Million	+4.90%
2012-12-31	Skr13.40 Million ≈ $1.44 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Evolution 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 20681.7% over the analyzed period, indicating profitable operations and earnings retention.

Evolution AB (publ) Net Assets Breakdown (December 2025)

Evolution AB (publ) net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Retained Earnings	Skr1.79 Billion	44.17%
Common Stock	Skr647.74K	0.02%
Other Comprehensive Income	Skr-156.76 Million	-3.86%
Other Components	Skr2.42 Billion	59.67%
Total Equity	Skr4.06 Billion	100.00%

Evolution AB (publ) Competitors by Market Cap

The table below lists competitors of Evolution AB (publ) ranked by their market capitalization.

Company	Market Cap
nVent Electric PLC NYSE:NVT	$16.41 Billion
Vodacom Group Ltd JSE:VOD	$16.44 Billion
Grupo Bimbo S.A.B. de C.V MX:BIMBOA	$16.45 Billion
Nordson Corporation NASDAQ:NDSN	$16.45 Billion
Hengli Petrochemical Co Ltd SHG:600346	$16.39 Billion
Zhen Ding Technology Holding Ltd TW:4958	$16.39 Billion
Leidos Holdings Inc NYSE:LDOS	$16.37 Billion
Medpace Holdings Inc NASDAQ:MEDP	$16.36 Billion

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 3,971,835,000 to 4,062,258,430, a change of 90,423,430 (2.3%).
Net income of 1,062,096,000 contributed positively to equity growth.
Dividend payments of 583,227,269 reduced retained earnings.
Share repurchases of 509,566,676 reduced equity.
New share issuances of 3,386,000 increased equity.
Other comprehensive income increased equity by 110,541,603.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Skr1.06 Billion	+26.15%
Dividends Paid	Skr583.23 Million	-14.36%
Share Repurchases	Skr509.57 Million	-12.54%
Share Issuances	Skr3.39 Million	+0.08%
Other Comprehensive Income	Skr110.54 Million	+2.72%
Other Changes	Skr7.19 Million	+0.18%
Total Change	Skr-	2.28%

Book Value vs Market Value Analysis

This analysis compares Evolution 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: 41.18x
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 10776.90x to 41.18x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2012-12-31	Skr0.08	Skr824.20	x
2013-12-31	Skr0.08	Skr824.20	x
2014-12-31	Skr0.14	Skr824.20	x
2015-12-31	Skr0.24	Skr824.20	x
2016-12-31	Skr0.35	Skr824.20	x
2017-12-31	Skr0.60	Skr824.20	x
2018-12-31	Skr0.89	Skr824.20	x
2019-12-31	Skr1.53	Skr824.20	x
2020-12-31	Skr14.42	Skr824.20	x
2021-12-31	Skr14.39	Skr824.20	x
2022-12-31	Skr15.91	Skr824.20	x
2023-12-31	Skr18.61	Skr824.20	x
2024-12-31	Skr18.87	Skr824.20	x
2025-12-31	Skr20.02	Skr824.20	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Evolution 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): 26.15%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 50.14%
• Asset Turnover: 0.38x
• Equity Multiplier: 1.35x
Recent ROE (26.15%) is below the historical average (40.01%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2012	65.00%	27.85%	1.69x	1.38x	Skr7.37 Million
2013	51.00%	18.49%	1.68x	1.64x	Skr5.76 Million
2014	51.01%	24.93%	1.53x	1.34x	Skr9.73 Million
2015	45.71%	26.23%	1.28x	1.36x	Skr15.65 Million
2016	49.67%	27.49%	1.12x	1.62x	Skr25.35 Million
2017	56.54%	34.83%	1.07x	1.52x	Skr51.14 Million
2018	51.43%	34.01%	1.02x	1.48x	Skr67.23 Million
2019	53.30%	40.94%	0.84x	1.55x	Skr121.64 Million
2020	10.44%	50.72%	0.18x	1.16x	Skr12.00 Million
2021	18.97%	56.65%	0.27x	1.22x	Skr286.34 Million
2022	24.37%	57.89%	0.33x	1.26x	Skr497.33 Million
2023	25.25%	56.24%	0.36x	1.24x	Skr610.88 Million
2024	31.32%	56.18%	0.41x	1.35x	Skr846.83 Million
2025	26.15%	50.14%	0.38x	1.35x	Skr655.87 Million

Industry Comparison

This section compares Evolution AB (publ)'s net assets metrics with peer companies in the Gambling industry.

Industry Context

Industry: Gambling
Average net assets among peers: $144,293,485
Average return on equity (ROE) among peers: -9.11%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Evolution AB (publ) (EVO)	Skr4.25 Billion	65.00%	0.29x	$16.40 Billion
Acroud AB (ACROUD)	$41.95 Million	1.71%	0.82x	$12.05 Million
Betsson AB (BETS-B)	$567.64 Million	18.57%	0.58x	$1.27 Billion
Gaming Corps AB (GCOR)	$-8.17 Million	0.00%	0.00x	$10.96 Million
Kambi Group PLC (KAMBI)	$98.02 Million	24.54%	0.39x	$431.81 Million
Tangiamo Touch Technology AB (TANGI)	$22.03 Million	-90.38%	0.22x	$956.09K

About Evolution AB (publ)

ST:EVO Sweden Gambling

Market Cap

$16.40 Billion

Skr152.35 Billion SEK

Market Cap Rank

#1484 Global

#22 in Sweden

Share Price

Skr824.20

Change (1 day)

-0.39%

52-Week Range

Skr515.80 - Skr900.00

All Time High

Skr1663.77