Kakel Max AB (publ) (KAKEL) - Net Assets
Based on the latest financial reports, Kakel Max AB (publ) (KAKEL) has net assets worth Skr49.93 Million SEK (≈ $5.37 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr97.12 Million ≈ $10.45 Million USD) and total liabilities (Skr47.19 Million ≈ $5.08 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 Kakel Max AB (publ) liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr49.93 Million |
| % of Total Assets | 51.41% |
| Annual Growth Rate | -1.36% |
| 5-Year Change | -1.31% |
| 10-Year Change | 1456.78% |
| Growth Volatility | 222.04 |
Kakel Max AB (publ) - Net Assets Trend (2008–2025)
This chart illustrates how Kakel Max AB (publ)'s net assets have evolved over time, based on quarterly financial data. Also explore KAKEL asset base for the complete picture of this company's asset base.
Annual Net Assets for Kakel Max AB (publ) (2008–2025)
The table below shows the annual net assets of Kakel Max AB (publ) from 2008 to 2025. For live valuation and market cap data, see KAKEL market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr49.93 Million ≈ $5.37 Million |
-2.75% |
| 2024-12-31 | Skr51.34 Million ≈ $5.52 Million |
-9.70% |
| 2023-12-31 | Skr56.85 Million ≈ $6.12 Million |
+1.51% |
| 2022-12-31 | Skr56.00 Million ≈ $6.03 Million |
+10.70% |
| 2021-12-31 | Skr50.59 Million ≈ $5.44 Million |
+2.83% |
| 2020-12-31 | Skr49.20 Million ≈ $5.29 Million |
+17.76% |
| 2019-12-31 | Skr41.78 Million ≈ $4.50 Million |
+12.33% |
| 2018-12-31 | Skr37.19 Million ≈ $4.00 Million |
+12.82% |
| 2017-12-31 | Skr32.97 Million ≈ $3.55 Million |
+927.94% |
| 2016-12-31 | Skr3.21 Million ≈ $345.12K |
-45.83% |
| 2015-12-31 | Skr5.92 Million ≈ $637.09K |
-51.41% |
| 2014-12-31 | Skr12.18 Million ≈ $1.31 Million |
-76.09% |
| 2013-12-31 | Skr50.96 Million ≈ $5.48 Million |
-25.34% |
| 2012-12-31 | Skr68.25 Million ≈ $7.35 Million |
+30.53% |
| 2011-12-31 | Skr52.29 Million ≈ $5.63 Million |
-1.32% |
| 2010-12-31 | Skr52.99 Million ≈ $5.70 Million |
+16.07% |
| 2009-12-31 | Skr45.65 Million ≈ $4.91 Million |
-27.49% |
| 2008-12-31 | Skr62.96 Million ≈ $6.78 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Kakel Max 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 | Skr15.19 Million | 30.43% |
| Other Components | Skr34.73 Million | 69.57% |
| Total Equity | Skr49.93 Million | 100.00% |
Kakel Max AB (publ) Competitors by Market Cap
The table below lists competitors of Kakel Max AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Clean Motion AB
ST:CLEMO
|
$3.73 Million |
|
Beam Communications Holdings Ltd
AU:BCC
|
$3.73 Million |
|
Enrg Elements Ltd
AU:EEL
|
$3.74 Million |
|
Visionstate Corp
V:VIS
|
$3.74 Million |
|
The GYM Group PLC
LSE:GYM
|
$3.73 Million |
|
Mortgage Advice
LSE:MAB1
|
$3.73 Million |
|
Newpeak Metals Ltd
AU:NPM
|
$3.73 Million |
|
Zaplox AB
ST:ZAPLOX
|
$3.72 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kakel Max AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 51,338,000 to 49,926,000, a change of -1,412,000 (-2.8%).
- Net loss of 1,411,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-1.41 Million | -2.83% |
| Other Changes | Skr-1.00K | -0.0% |
| Total Change | Skr- | -2.75% |
Book Value vs Market Value Analysis
This analysis compares Kakel Max 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: 0.69x
- 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 increased from 0.01x to 0.69x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Skr1185.86 | Skr11.40 | x |
| 2009-12-31 | Skr831.00 | Skr11.40 | x |
| 2010-12-31 | Skr956.42 | Skr11.40 | x |
| 2011-12-31 | Skr953.71 | Skr11.40 | x |
| 2012-12-31 | Skr1177.02 | Skr11.40 | x |
| 2013-12-31 | Skr795.71 | Skr11.40 | x |
| 2014-12-31 | Skr173.82 | Skr11.40 | x |
| 2015-12-31 | Skr80.06 | Skr11.40 | x |
| 2016-12-31 | Skr1.08 | Skr11.40 | x |
| 2017-12-31 | Skr11.12 | Skr11.40 | x |
| 2018-12-31 | Skr12.24 | Skr11.40 | x |
| 2019-12-31 | Skr13.75 | Skr11.40 | x |
| 2020-12-31 | Skr16.19 | Skr11.40 | x |
| 2021-12-31 | Skr16.65 | Skr11.40 | x |
| 2022-12-31 | Skr18.43 | Skr11.40 | x |
| 2023-12-31 | Skr18.71 | Skr11.40 | x |
| 2024-12-31 | Skr16.89 | Skr11.40 | x |
| 2025-12-31 | Skr16.43 | Skr11.40 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kakel Max 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): -2.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.80%
- • Asset Turnover: 1.81x
- • Equity Multiplier: 1.95x
- Recent ROE (-2.83%) is above the historical average (-29.04%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 5.51% | 0.83% | 1.38x | 4.78x | Skr-2.83 Million |
| 2009 | -40.65% | -5.03% | 1.54x | 5.23x | Skr-22.62 Million |
| 2010 | 15.88% | 2.11% | 1.60x | 4.69x | Skr3.02 Million |
| 2011 | 2.46% | 1.27% | 0.37x | 5.29x | Skr-3.94 Million |
| 2012 | 39.53% | 23.28% | 0.90x | 1.89x | Skr20.15 Million |
| 2013 | -32.57% | -16.04% | 1.12x | 1.81x | Skr-21.69 Million |
| 2014 | -327.36% | -44.45% | 2.37x | 3.11x | Skr-41.10 Million |
| 2015 | -159.44% | -23.04% | 1.82x | 3.79x | Skr-10.03 Million |
| 2016 | -75.05% | -6.81% | 2.76x | 4.00x | Skr-2.73 Million |
| 2017 | 11.31% | 3.82% | 1.23x | 2.42x | Skr432.40K |
| 2018 | 11.20% | 2.74% | 1.81x | 2.26x | Skr447.90K |
| 2019 | 10.98% | 3.05% | 1.61x | 2.23x | Skr407.40K |
| 2020 | 15.20% | 5.26% | 1.49x | 1.94x | Skr2.56 Million |
| 2021 | 2.75% | 0.92% | 1.66x | 1.80x | Skr-3.67 Million |
| 2022 | 9.57% | 3.04% | 1.79x | 1.76x | Skr-242.20K |
| 2023 | 1.49% | 0.55% | 1.62x | 1.68x | Skr-4.84 Million |
| 2024 | -10.74% | -3.84% | 1.51x | 1.86x | Skr-10.65 Million |
| 2025 | -2.83% | -0.80% | 1.81x | 1.95x | Skr-6.40 Million |
Industry Comparison
This section compares Kakel Max AB (publ)'s net assets metrics with peer companies in the Building Materials industry.
No peer company data available for comparison.
About Kakel Max AB (publ)
Kakel Max AB (publ) operates in the construction ceramic market in Sweden. The company offers tiles, clinker, and natural stones, as well as bathroom furniture. It sells its products through its own stores, warehouses, and resellers. Kakel Max AB (publ) was founded in 1987 and is based in Östervåla, Sweden.