High Coast Distillery AB
High Coast Distillery AB (publ) manufactures, stores, bottles, markets, and sells single malt whiskey in Sweden. The company also exports its products worldwide. High Coast Distillery AB (publ) was incorporated in 2007 and is based in Bjärtrå, Sweden.
High Coast Distillery AB (HIGHCO-B) - Net Assets
Latest net assets as of September 2025: Skr128.26 Million SEK
Based on the latest financial reports, High Coast Distillery AB (HIGHCO-B) has net assets worth Skr128.26 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 (Skr274.52 Million) and total liabilities (Skr146.26 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 | Skr128.26 Million |
| % of Total Assets | 46.72% |
| Annual Growth Rate | 24.77% |
| 5-Year Change | 90.22% |
| 10-Year Change | N/A |
| Growth Volatility | 26.77 |
High Coast Distillery AB - Net Assets Trend (2018–2024)
This chart illustrates how High Coast Distillery 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 High Coast Distillery AB (2018–2024)
The table below shows the annual net assets of High Coast Distillery AB from 2018 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr105.04 Million | +0.58% |
| 2023-12-31 | Skr104.43 Million | +5.91% |
| 2022-12-31 | Skr98.61 Million | +47.31% |
| 2021-12-31 | Skr66.94 Million | +21.21% |
| 2020-12-31 | Skr55.22 Million | +12.14% |
| 2019-12-31 | Skr49.24 Million | +76.89% |
| 2018-12-31 | Skr27.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to High Coast Distillery 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 grown by 11565600000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr99.33 Million | 94.56% |
| Common Stock | Skr5.71 Million | 5.44% |
| Total Equity | Skr105.04 Million | 100.00% |
High Coast Distillery AB Competitors by Market Cap
The table below lists competitors of High Coast Distillery AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Envar Holding AB
ST:ENVAR
|
$31.89K |
|
Forras Trust & Investment Nyrt. B
BUD:FORRB
|
$31.90K |
|
TME
WAR:TME
|
$31.91K |
|
Stainless Tankers ASA
OL:STST
|
$31.91K |
|
FIDIA EO 1
F:FIC
|
$31.88K |
|
The Platform Group AG
XETRA:TPG0
|
$31.87K |
|
FluroTech Ltd
OTCQB:FLURF
|
$31.85K |
|
TRIAD GRP PLC LS-01
F:TD8
|
$31.84K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in High Coast Distillery AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 104,431,000 to 105,039,000, a change of 608,000 (0.6%).
- Net income of 607,000 contributed positively to equity growth.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr607.00K | +0.58% |
| Other Changes | Skr1.00K | +0.0% |
| Total Change | Skr- | 0.58% |
Book Value vs Market Value Analysis
This analysis compares High Coast Distillery 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
- Current price-to-book ratio: 1.96x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.02x to 1.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | Skr7.13 | Skr35.80 | x |
| 2019-12-31 | Skr10.33 | Skr35.80 | x |
| 2020-12-31 | Skr9.93 | Skr35.80 | x |
| 2021-12-31 | Skr12.04 | Skr35.80 | x |
| 2022-12-31 | Skr17.68 | Skr35.80 | x |
| 2023-12-31 | Skr18.28 | Skr35.80 | x |
| 2024-12-31 | Skr18.24 | Skr35.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently High Coast Distillery 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): 0.58%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 0.99%
- • Asset Turnover: 0.23x
- • Equity Multiplier: 2.49x
- Recent ROE (0.58%) is below the historical average (3.72%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -6.30% | -3.75% | 0.35x | 4.80x | Skr-4.54 Million |
| 2019 | -1.92% | -1.97% | 0.29x | 3.40x | Skr-5.87 Million |
| 2020 | 6.30% | 7.70% | 0.26x | 3.13x | Skr-2.04 Million |
| 2021 | 17.50% | 19.67% | 0.32x | 2.76x | Skr5.02 Million |
| 2022 | 9.09% | 14.80% | 0.29x | 2.11x | Skr-899.50K |
| 2023 | 0.81% | 1.46% | 0.26x | 2.16x | Skr-9.60 Million |
| 2024 | 0.58% | 0.99% | 0.23x | 2.49x | Skr-9.90 Million |
Industry Comparison
This section compares High Coast Distillery AB's net assets metrics with peer companies in the Beverages - Wineries & Distilleries industry.
Industry Context
- Industry: Beverages - Wineries & Distilleries
- Average net assets among peers: $1,736,000,000
- Average return on equity (ROE) among peers: 9.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| High Coast Distillery AB (HIGHCO-B) | Skr128.26 Million | -6.30% | 1.14x | $31.88K |
| Viva Wine Group AB (VIVA) | $1.74 Billion | 9.79% | 1.14x | $64.47 Million |