Flat Capital AB Series B (FLAT-B) - Net Assets
Based on the latest financial reports, Flat Capital AB Series B (FLAT-B) has net assets worth Skr5.55 Billion SEK (≈ $596.77 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 (Skr6.08 Billion ≈ $654.74 Million USD) and total liabilities (Skr538.59 Million ≈ $57.96 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 Flat Capital AB Series B (FLAT-B) strategic asset index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr5.55 Billion |
| % of Total Assets | 91.15% |
| Annual Growth Rate | 107.85% |
| 5-Year Change | 1947.26% |
| 10-Year Change | 111739.86% |
| Growth Volatility | 284.97 |
Flat Capital AB Series B - Net Assets Trend (2015–2025)
This chart illustrates how Flat Capital AB Series B's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see how much is Flat Capital AB Series B worth.
Annual Net Assets for Flat Capital AB Series B (2015–2025)
The table below shows the annual net assets of Flat Capital AB Series B from 2015 to 2025. Also explore Flat Capital AB Series B annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr6.93 Billion ≈ $745.44 Million |
+952.81% |
| 2024-12-31 | Skr657.94 Million ≈ $70.80 Million |
+59.40% |
| 2023-12-31 | Skr412.76 Million ≈ $44.42 Million |
+19.03% |
| 2022-12-31 | Skr346.77 Million ≈ $37.32 Million |
+2.49% |
| 2021-12-31 | Skr338.35 Million ≈ $36.41 Million |
+298.33% |
| 2020-12-31 | Skr84.94 Million ≈ $9.14 Million |
+65.97% |
| 2019-12-31 | Skr51.18 Million ≈ $5.51 Million |
+403.48% |
| 2018-12-31 | Skr10.16 Million ≈ $1.09 Million |
-0.40% |
| 2017-12-31 | Skr10.21 Million ≈ $1.10 Million |
+64.78% |
| 2016-12-31 | Skr6.19 Million ≈ $666.52K |
+34.71% |
| 2015-12-31 | Skr4.60 Million ≈ $494.78K |
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Equity Component Analysis
This analysis shows how different components contribute to Flat Capital AB Series B'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 47800.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr24.89 Million | 0.36% |
| Other Components | Skr9.07 Billion | 130.96% |
| Total Equity | Skr6.93 Billion | 100.00% |
Flat Capital AB Series B Competitors by Market Cap
The table below lists competitors of Flat Capital AB Series B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Perpetual Equity Investment Company Ltd
AU:PIC
|
$310.76 Million |
|
Letong Chemical Co Ltd
SHE:002319
|
$310.82 Million |
|
Know Labs Inc.
NYSE MKT:KNW
|
$310.88 Million |
|
Aju IB Investment Co. Ltd
KQ:027360
|
$310.94 Million |
|
ADF Foods Limited
NSE:ADFFOODS
|
$310.64 Million |
|
Jiangsu Sainty Corp Ltd
SHG:600287
|
$310.64 Million |
|
Rotshtein
TA:ROTS
|
$310.54 Million |
|
M3-Brigade Acquisition V Corp. Class A Ordinary shares
NASDAQ:MBAV
|
$310.50 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Flat Capital AB Series B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 657,940,000 to 6,926,851,000, a change of 6,268,911,000 (952.8%).
- Net loss of 2,290,441,000 reduced equity.
- New share issuances of 592,555,000 increased equity.
- Other factors increased equity by 7,966,797,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-2.29 Billion | -33.07% |
| Share Issuances | Skr592.55 Million | +8.55% |
| Other Changes | Skr7.97 Billion | +115.01% |
| Total Change | Skr- | 952.81% |
Book Value vs Market Value Analysis
This analysis compares Flat Capital AB Series B'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: 0.21x
- 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.
- The price-to-book ratio has decreased from 2.97x to 0.21x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | Skr2.72 | Skr8.09 | x |
| 2020-12-31 | Skr2.62 | Skr8.09 | x |
| 2021-12-31 | Skr10.43 | Skr8.09 | x |
| 2022-12-31 | Skr10.03 | Skr8.09 | x |
| 2023-12-31 | Skr11.64 | Skr8.09 | x |
| 2024-12-31 | Skr13.16 | Skr8.09 | x |
| 2025-12-31 | Skr38.48 | Skr8.09 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Flat Capital AB Series B 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): -33.07%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6612.32%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.00x
- Recent ROE (-33.07%) is below the historical average (6.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2015 | -2.51% | 0.00% | 0.00x | 1.01x | Skr-575.01K |
| 2016 | 22.54% | 0.00% | 0.00x | 1.01x | Skr776.50K |
| 2017 | 13.65% | 0.00% | 0.00x | 1.43x | Skr262.03K |
| 2018 | -15.03% | 0.00% | 0.00x | 1.64x | Skr-1.56 Million |
| 2019 | 43.07% | 98.76% | 0.38x | 1.14x | Skr16.92 Million |
| 2020 | 39.75% | 5665.10% | 0.01x | 1.10x | Skr25.27 Million |
| 2021 | 20.07% | 733.76% | 0.03x | 1.02x | Skr33.99 Million |
| 2022 | -18.64% | -267.58% | 0.07x | 1.00x | Skr-99.33 Million |
| 2023 | -20.20% | 0.00% | -0.02x | 1.00x | Skr-124.63 Million |
| 2024 | 16.41% | 8209.13% | 0.00x | 1.01x | Skr42.16 Million |
| 2025 | -33.07% | -6612.32% | 0.00x | 1.00x | Skr-2.98 Billion |
Industry Comparison
This section compares Flat Capital AB Series B's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $2,186,189,444
- Average return on equity (ROE) among peers: -8.19%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Flat Capital AB Series B (FLAT-B) | Skr5.55 Billion | -2.51% | 0.10x | $310.76 Million |
| Athanase Innovation AB (ATIN) | $484.76 Million | -4.05% | 0.14x | $52.76 Million |
| Bure Equity AB (BURE) | $7.80 Billion | 10.69% | 0.02x | $2.45 Billion |
| Case Group AB (CASE) | $63.27 Million | -4.73% | 1.03x | $71.70 Million |
| Catella AB A (CAT-A) | $1.01 Billion | 2.47% | 4.28x | $4.51 Million |
| Catella AB (publ) (CAT-B) | $946.00 Million | 2.01% | 3.56x | $169.20 Million |
| Creades AB (CRED-A) | $8.81 Billion | -44.82% | 0.03x | $915.78 Million |
| Effnetplattformen Holding AB (EFFH) | $9.07 Million | -40.06% | 0.25x | $9.63 Million |
| EQT AB (publ) (EQT) | $331.10 Million | 36.51% | 0.59x | $37.70 Billion |
| First Venture Sweden AB Series B (FIRST-B) | $220.01 Million | -31.77% | 0.13x | $5.22 Million |
About Flat Capital AB Series B
Flat Capital AB (publ) is an investment company. The company was incorporated in 2013 and is based in Stockholm, Sweden. Flat Capital AB (publ) operates as a subsidiary of Double Sunday IV AB.