Ferronordic AB (publ)
Ferronordic AB (publ), together with its subsidiaries, sells, rents, and services construction equipment, trucks, and other machines in Kazakhstan, Germany, and the United States. It also sells, repairs, and maintains machines, engines, spare parts, and attachments; and offers aftermarket sales services, as well as technical support, contracting, and other services. The company offers excavators,… Read more
Ferronordic AB (publ) (FNM) - Net Assets
Latest net assets as of December 2025: Skr1.31 Billion SEK
Based on the latest financial reports, Ferronordic AB (publ) (FNM) has net assets worth Skr1.31 Billion SEK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr3.99 Billion) and total liabilities (Skr2.69 Billion). 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 | Skr1.31 Billion |
| % of Total Assets | 32.7% |
| Annual Growth Rate | 15.28% |
| 5-Year Change | 18.62% |
| 10-Year Change | 195.2% |
| Growth Volatility | 82.69 |
Ferronordic AB (publ) - Net Assets Trend (2011–2025)
This chart illustrates how Ferronordic 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 Ferronordic AB (publ) (2011–2025)
The table below shows the annual net assets of Ferronordic AB (publ) from 2011 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr1.31 Billion | -12.88% |
| 2024-12-31 | Skr1.50 Billion | -7.58% |
| 2023-12-31 | Skr1.62 Billion | -13.40% |
| 2022-12-31 | Skr1.87 Billion | +70.12% |
| 2021-12-31 | Skr1.10 Billion | +36.53% |
| 2020-12-31 | Skr806.40 Million | -9.43% |
| 2019-12-31 | Skr890.34 Million | +35.74% |
| 2018-12-31 | Skr655.94 Million | +7.34% |
| 2017-12-31 | Skr611.08 Million | +38.12% |
| 2016-12-31 | Skr442.41 Million | +37.36% |
| 2015-12-31 | Skr322.07 Million | -13.31% |
| 2014-12-31 | Skr371.53 Million | -30.38% |
| 2013-12-31 | Skr533.67 Million | +309.20% |
| 2012-12-31 | Skr130.42 Million | -26.92% |
| 2011-12-31 | Skr178.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Ferronordic 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 638.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr725.00 Million | 55.51% |
| Common Stock | Skr1.00 Million | 0.08% |
| Other Comprehensive Income | Skr-55.00 Million | -4.21% |
| Other Components | Skr635.00 Million | 48.62% |
| Total Equity | Skr1.31 Billion | 100.00% |
Ferronordic AB (publ) Competitors by Market Cap
The table below lists competitors of Ferronordic AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
i(x) Net Zero Plc
PINK:IXNZF
|
$15.25 Million |
|
Citius Pharmaceuticals Inc
NASDAQ:CTXR
|
$15.25 Million |
|
WISE iTech Co. Ltd
KQ:065370
|
$15.26 Million |
|
Allane SE
F:LNSX
|
$15.28 Million |
|
Wolftank Group AG
XETRA:WAH
|
$15.24 Million |
|
FoundPac Group Bhd
KLSE:5277
|
$15.24 Million |
|
Lohakit Metal Public Company Limited
BK:LHK
|
$15.23 Million |
|
Information Technology Total Services Co. Ltd
TWO:6697
|
$15.23 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Ferronordic AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,499,000,000 to 1,306,000,000, a change of -193,000,000 (-12.9%).
- Net loss of 199,000,000 reduced equity.
- Other comprehensive income increased equity by 6,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-199.00 Million | -15.24% |
| Other Comprehensive Income | Skr6.00 Million | +0.46% |
| Total Change | Skr- | -12.88% |
Book Value vs Market Value Analysis
This analysis compares Ferronordic 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: 0.50x
- 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 2.49x to 0.50x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | Skr17.85 | Skr44.50 | x |
| 2012-12-31 | Skr13.04 | Skr44.50 | x |
| 2013-12-31 | Skr53.37 | Skr44.50 | x |
| 2014-12-31 | Skr37.15 | Skr44.50 | x |
| 2015-12-31 | Skr32.21 | Skr44.50 | x |
| 2016-12-31 | Skr44.24 | Skr44.50 | x |
| 2017-12-31 | Skr56.94 | Skr44.50 | x |
| 2018-12-31 | Skr45.14 | Skr44.50 | x |
| 2019-12-31 | Skr61.27 | Skr44.50 | x |
| 2020-12-31 | Skr55.49 | Skr44.50 | x |
| 2021-12-31 | Skr75.51 | Skr44.50 | x |
| 2022-12-31 | Skr128.89 | Skr44.50 | x |
| 2023-12-31 | Skr111.62 | Skr44.50 | x |
| 2024-12-31 | Skr103.15 | Skr44.50 | x |
| 2025-12-31 | Skr89.87 | Skr44.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Ferronordic 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): -15.24%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.36%
- • Asset Turnover: 1.14x
- • Equity Multiplier: 3.06x
- Recent ROE (-15.24%) is below the historical average (6.86%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -8.82% | -0.66% | 1.95x | 6.86x | Skr-33.59 Million |
| 2012 | -38.33% | -2.11% | 1.78x | 10.23x | Skr-63.03 Million |
| 2013 | -8.68% | -1.82% | 1.75x | 2.72x | Skr-99.69 Million |
| 2014 | 5.04% | 0.80% | 1.99x | 3.16x | Skr-18.42 Million |
| 2015 | 8.93% | 1.97% | 1.80x | 2.51x | Skr-3.44 Million |
| 2016 | 18.91% | 5.24% | 1.54x | 2.33x | Skr39.40 Million |
| 2017 | 24.76% | 6.13% | 1.74x | 2.31x | Skr90.19 Million |
| 2018 | 31.88% | 6.78% | 1.79x | 2.63x | Skr143.52 Million |
| 2019 | 28.17% | 7.50% | 1.12x | 3.34x | Skr161.78 Million |
| 2020 | 27.53% | 4.90% | 1.72x | 3.26x | Skr141.36 Million |
| 2021 | 30.79% | 5.46% | 1.56x | 3.61x | Skr228.90 Million |
| 2022 | 10.52% | 9.98% | 0.61x | 1.72x | Skr9.70 Million |
| 2023 | -6.60% | -3.74% | 0.61x | 2.90x | Skr-269.20 Million |
| 2024 | -5.94% | -1.89% | 0.96x | 3.30x | Skr-238.90 Million |
| 2025 | -15.24% | -4.36% | 1.14x | 3.06x | Skr-329.60 Million |
Industry Comparison
This section compares Ferronordic AB (publ)'s net assets metrics with peer companies in the Industrial Distribution industry.
Industry Context
- Industry: Industrial Distribution
- Average net assets among peers: $878,604,857
- Average return on equity (ROE) among peers: 10.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Ferronordic AB (publ) (FNM) | Skr1.31 Billion | -8.82% | 2.06x | $15.24 Million |
| Alligo AB Series B (ALLIGO-B) | $3.41 Billion | 14.09% | 1.45x | $332.94 Million |
| Beijer Ref AB (publ) (BEIJ-B) | $404.89 Million | 9.62% | 1.22x | $4.68 Billion |
| Bufab Holding AB (BUFAB) | $363.40 Million | -15.30% | 4.59x | $1.26 Billion |
| Indutrade AB (INDT) | $688.00 Million | 16.72% | 1.42x | $5.01 Billion |
| Inission AB (publ) (INISS-B) | $60.44 Million | 13.13% | 1.39x | $43.37 Million |
| Momentum Group AB (publ) (MMGR-B) | $656.00 Million | 25.91% | 1.84x | $205.25 Million |
| OEM International AB (publ) (OEM-B) | $564.50 Million | 7.62% | 0.62x | $989.11 Million |