Hexicon AB
Hexicon AB (publ) develops floating offshore wind power projects in Sweden and Asia. The company also provides TwinWind, a floating foundation with two turbines to optimize the use of sea surface and increase electricity generation. Hexicon AB (publ) was incorporated in 2009 and is headquartered in Stockholm, Sweden.
Hexicon AB (HEXI) - Net Assets
Latest net assets as of September 2025: Skr-432.40 Million SEK
Based on the latest financial reports, Hexicon AB (HEXI) has net assets worth Skr-432.40 Million SEK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr599.70 Million) and total liabilities (Skr1.03 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 | Skr-432.40 Million |
| % of Total Assets | -72.1% |
| Annual Growth Rate | N/A |
| 5-Year Change | -410.29% |
| 10-Year Change | N/A |
| Growth Volatility | 9703.38 |
Hexicon AB - Net Assets Trend (2019–2024)
This chart illustrates how Hexicon AB's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hexicon AB (2019–2024)
The table below shows the annual net assets of Hexicon AB from 2019 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr-285.00 Million | -23712.26% |
| 2023-12-31 | Skr1.21 Million | -99.39% |
| 2022-12-31 | Skr199.38 Million | -38.24% |
| 2021-12-31 | Skr322.85 Million | +251.50% |
| 2020-12-31 | Skr91.85 Million | +1818.36% |
| 2019-12-31 | Skr4.79 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hexicon AB'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 70105500000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr3.64 Million | % |
| Other Comprehensive Income | Skr8.77 Million | % |
| Other Components | Skr538.01 Million | % |
| Total Equity | Skr-284.20 Million | 100.00% |
Hexicon AB Competitors by Market Cap
The table below lists competitors of Hexicon AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mortgage Oil Corp
PINK:MGAG
|
$2.96 Million |
|
Hisar Metal Industries Limited
NSE:HISARMETAL
|
$2.96 Million |
|
Sporting Clube de Braga - Futebol SAD
LS:SCB
|
$2.96 Million |
|
CRUZ BATTERY METALS CORP.
F:BR00
|
$2.96 Million |
|
SNAP-ON - Dusseldorf Stock Exchang
DU:SPU
|
$2.96 Million |
|
IT Tech Packaging Inc
NYSE MKT:ITP
|
$2.96 Million |
|
Trillion Energy International Inc.
OTCQB:TRLEF
|
$2.96 Million |
|
LakeShore Biopharma Co., Ltd
NASDAQ:LSB
|
$2.95 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hexicon AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,874,000 to -284,200,000, a change of -286,074,000 (-15265.4%).
- Net loss of 258,200,000 reduced equity.
- Other comprehensive income decreased equity by 27,844,000.
- Other factors decreased equity by 30,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-258.20 Million | -90.85% |
| Other Comprehensive Income | Skr-27.84 Million | -9.8% |
| Other Changes | Skr-30.00K | -0.01% |
| Total Change | Skr- | -15265.42% |
Book Value vs Market Value Analysis
This analysis compares Hexicon AB'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-12-31 | Skr0.01 | Skr0.13 | x |
| 2020-12-31 | Skr0.24 | Skr0.13 | x |
| 2021-12-31 | Skr1.02 | Skr0.13 | x |
| 2022-12-31 | Skr0.56 | Skr0.13 | x |
| 2023-12-31 | Skr0.01 | Skr0.13 | x |
| 2024-12-31 | Skr-0.78 | Skr0.13 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hexicon AB 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): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2634.69%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-1720.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | -188.28% | -91.56% | 0.35x | 5.92x | Skr-9.49 Million |
| 2020 | -41.39% | -872.48% | 0.04x | 1.28x | Skr-47.20 Million |
| 2021 | -15.76% | -220.13% | 0.05x | 1.34x | Skr-83.14 Million |
| 2022 | -83.98% | -1471.45% | 0.03x | 2.23x | Skr-190.62 Million |
| 2023 | -9996.37% | -3286.53% | 0.01x | 267.68x | Skr-187.52 Million |
| 2024 | 0.00% | -2634.69% | 0.02x | 0.00x | Skr-229.78 Million |
Industry Comparison
This section compares Hexicon AB's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $2,056,957,556
- Average return on equity (ROE) among peers: 18.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hexicon AB (HEXI) | Skr-432.40 Million | -188.28% | N/A | $2.96 Million |
| Afry AB (AFRY) | $10.10 Billion | 9.24% | 1.34x | $1.01 Billion |
| Bravida Holding AB (BRAV) | $3.31 Billion | 9.68% | 2.35x | $1.84 Billion |
| Bygg Partner i Dalarna Holding AB (BYGGP) | $129.32 Million | 24.06% | 2.14x | $51.12 Million |
| Fasadgruppen Group AB (FG) | $29.00 Million | 96.21% | 23.76x | $68.51 Million |
| Hifab Group AB Series B (HIFA-B) | $70.01 Million | 8.20% | 1.34x | $4.19 Million |
| Hultström Group B (HULT-B) | $47.78 Million | 6.14% | 1.93x | $3.74 Million |
| Infrea AB (INFREA) | $473.50 Million | 10.54% | 0.88x | $25.06 Million |
| Instalco Intressenter AB (INSTAL) | $3.39 Billion | 17.73% | 2.16x | $669.18 Million |
| Netel Holding AB (NETEL) | $971.00 Million | -12.05% | 1.84x | $13.02 Million |