Firefly AB (publ)
Firefly AB (publ) develops and sells industrial fire prevention and protection systems for the process industry worldwide. The company offers customized fire prevention systems and components that monitors industrial manufacturing processes in various areas, such as wood processing, tissue paper, food, biofuel, thermal power plant and recycling. It also offers systems for monitoring infrastructur… Read more
Firefly AB (publ) (FIRE) - Net Assets
Latest net assets as of December 2025: Skr188.97 Million SEK
Based on the latest financial reports, Firefly AB (publ) (FIRE) has net assets worth Skr188.97 Million SEK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr307.75 Million) and total liabilities (Skr118.78 Million). 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 | Skr188.97 Million |
| % of Total Assets | 61.4% |
| Annual Growth Rate | 12.32% |
| 5-Year Change | 168.55% |
| 10-Year Change | 395.47% |
| Growth Volatility | 24.28 |
Firefly AB (publ) - Net Assets Trend (2008–2025)
This chart illustrates how Firefly 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 Firefly AB (publ) (2008–2025)
The table below shows the annual net assets of Firefly AB (publ) from 2008 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr188.97 Million | +7.78% |
| 2024-12-31 | Skr175.33 Million | +18.65% |
| 2023-12-31 | Skr147.77 Million | +94.98% |
| 2022-12-31 | Skr75.79 Million | +7.70% |
| 2021-12-31 | Skr70.37 Million | +9.70% |
| 2020-12-31 | Skr64.15 Million | +29.40% |
| 2019-12-31 | Skr49.57 Million | +3.84% |
| 2018-12-31 | Skr47.74 Million | +15.32% |
| 2017-12-31 | Skr41.40 Million | +8.53% |
| 2016-12-31 | Skr38.14 Million | -6.50% |
| 2015-12-31 | Skr40.79 Million | +43.16% |
| 2014-12-31 | Skr28.49 Million | +6.98% |
| 2013-12-31 | Skr26.63 Million | +20.11% |
| 2012-12-31 | Skr22.17 Million | -13.97% |
| 2011-12-31 | Skr25.77 Million | -7.38% |
| 2010-12-31 | Skr27.83 Million | -5.33% |
| 2009-12-31 | Skr29.40 Million | +12.17% |
| 2008-12-31 | Skr26.21 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Firefly 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 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 |
|---|---|---|
| Common Stock | Skr3.00 Million | 1.59% |
| Other Components | Skr185.97 Million | 98.41% |
| Total Equity | Skr188.97 Million | 100.00% |
Firefly AB (publ) Competitors by Market Cap
The table below lists competitors of Firefly AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MicroAlgo Inc.
NASDAQ:MLGO
|
$42.32 Million |
|
Cots Technology Co Ltd
KQ:448710
|
$42.32 Million |
|
BICO Group AB (publ)
PINK:BCCOY
|
$42.34 Million |
|
Taeyang Metal
KO:004100
|
$42.34 Million |
|
Gandhi Special Tubes Limited
NSE:GANDHITUBE
|
$42.31 Million |
|
C-Tech United
TWO:3625
|
$42.29 Million |
|
Midwest Energy Emiss
OTCQB:MEEC
|
$42.28 Million |
|
CHUNGDAHM Learning Inc
KQ:096240
|
$42.26 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Firefly AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 175,326,000 to 188,971,000, a change of 13,645,000 (7.8%).
- Net income of 47,560,000 contributed positively to equity growth.
- Dividend payments of 33,008,000 reduced retained earnings.
- Other comprehensive income decreased equity by 172,325,000.
- Other factors increased equity by 171,418,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr47.56 Million | +25.17% |
| Dividends Paid | Skr33.01 Million | -17.47% |
| Other Comprehensive Income | Skr-172.32 Million | -91.19% |
| Other Changes | Skr171.42 Million | +90.71% |
| Total Change | Skr- | 7.78% |
Book Value vs Market Value Analysis
This analysis compares Firefly 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: 6.06x
- 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 43.69x to 6.06x 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 | Skr4.37 | Skr190.80 | x |
| 2009-12-31 | Skr4.90 | Skr190.80 | x |
| 2010-12-31 | Skr4.64 | Skr190.80 | x |
| 2011-12-31 | Skr4.29 | Skr190.80 | x |
| 2012-12-31 | Skr3.69 | Skr190.80 | x |
| 2013-12-31 | Skr4.44 | Skr190.80 | x |
| 2014-12-31 | Skr4.75 | Skr190.80 | x |
| 2015-12-31 | Skr6.80 | Skr190.80 | x |
| 2016-12-31 | Skr6.36 | Skr190.80 | x |
| 2017-12-31 | Skr6.90 | Skr190.80 | x |
| 2018-12-31 | Skr7.95 | Skr190.80 | x |
| 2019-12-31 | Skr8.26 | Skr190.80 | x |
| 2020-12-31 | Skr10.69 | Skr190.80 | x |
| 2021-12-31 | Skr11.73 | Skr190.80 | x |
| 2022-12-31 | Skr12.63 | Skr190.80 | x |
| 2023-12-31 | Skr24.62 | Skr190.80 | x |
| 2024-12-31 | Skr29.21 | Skr190.80 | x |
| 2025-12-31 | Skr31.49 | Skr190.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Firefly 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): 25.17%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.45%
- • Asset Turnover: 1.64x
- • Equity Multiplier: 1.63x
- Recent ROE (25.17%) is above the historical average (23.54%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 23.51% | 7.48% | 1.35x | 2.32x | Skr3.54 Million |
| 2009 | 26.16% | 6.62% | 1.77x | 2.23x | Skr4.75 Million |
| 2010 | 13.78% | 3.70% | 1.68x | 2.22x | Skr1.05 Million |
| 2011 | 12.99% | 3.46% | 1.59x | 2.36x | Skr769.50K |
| 2012 | -2.71% | -0.62% | 1.84x | 2.38x | Skr-2.82 Million |
| 2013 | 16.75% | 3.67% | 1.65x | 2.77x | Skr1.80 Million |
| 2014 | 16.91% | 3.60% | 1.76x | 2.66x | Skr1.97 Million |
| 2015 | 38.98% | 8.87% | 1.77x | 2.48x | Skr11.82 Million |
| 2016 | 11.93% | 2.68% | 1.78x | 2.51x | Skr737.00K |
| 2017 | 25.26% | 5.04% | 1.99x | 2.53x | Skr6.32 Million |
| 2018 | 30.89% | 6.32% | 1.88x | 2.60x | Skr9.97 Million |
| 2019 | 26.70% | 5.09% | 1.96x | 2.68x | Skr8.28 Million |
| 2020 | 22.72% | 5.51% | 1.67x | 2.47x | Skr8.16 Million |
| 2021 | 26.75% | 6.27% | 1.56x | 2.74x | Skr11.79 Million |
| 2022 | 45.98% | 9.06% | 1.75x | 2.89x | Skr27.27 Million |
| 2023 | 30.62% | 9.47% | 1.66x | 1.95x | Skr30.47 Million |
| 2024 | 31.28% | 11.03% | 1.64x | 1.73x | Skr37.30 Million |
| 2025 | 25.17% | 9.45% | 1.64x | 1.63x | Skr28.66 Million |
Industry Comparison
This section compares Firefly AB (publ)'s net assets metrics with peer companies in the Building Products & Equipment industry.
Industry Context
- Industry: Building Products & Equipment
- Average net assets among peers: $2,030,138,211
- Average return on equity (ROE) among peers: -7.55%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Firefly AB (publ) (FIRE) | Skr188.97 Million | 23.51% | 0.63x | $42.31 Million |
| ABAS Protect AB (ABAS) | $5.23 Million | 2.08% | 5.18x | $6.17K |
| Concejo AB (publ) (CNCJO-B) | $735.10 Million | -6.31% | 0.43x | $9.05 Million |
| Ecoclime Group AB Series B (ECC-B) | $68.87 Million | 9.90% | 0.39x | $457.44K |
| ES Energy Save Holding AB (ESGR-B) | $14.72 Million | -30.81% | 1.82x | $3.63 Million |
| FM Mattsson Mora Group AB (publ) (FMM-B) | $483.15 Million | 14.77% | 0.98x | $182.97 Million |
| Inwido AB (INWI) | $13.87 Billion | 0.00% | 1.65x | $710.69 Million |
| Lindab International AB (LIAB) | $1.31 Billion | 0.00% | 1.50x | $928.43 Million |
| Nordic Waterproofing Holding AB (publ) (NWG) | $1.78 Billion | 11.93% | 1.05x | $66.57 Million |
| PolyPlank publ AB (POLY) | $10.57 Million | -69.54% | 1.81x | $843.62K |