Kinnevik Investment AB ser. B (KINV-B) - Net Assets
Based on the latest financial reports, Kinnevik Investment AB ser. B (KINV-B) has net assets worth Skr27.91 Billion SEK (≈ $3.00 Billion USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr30.12 Billion ≈ $3.24 Billion USD) and total liabilities (Skr2.21 Billion ≈ $238.05 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. Also explore net asset momentum of Kinnevik Investment AB ser. B to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr27.91 Billion |
| % of Total Assets | 92.66% |
| Annual Growth Rate | 11.46% |
| 5-Year Change | -50.45% |
| 10-Year Change | -50.48% |
| Growth Volatility | 96.98 |
Kinnevik Investment AB ser. B - Net Assets Trend (2002–2025)
This chart illustrates how Kinnevik Investment AB ser. B's net assets have evolved over time, based on quarterly financial data. Check KINV-B capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.
Annual Net Assets for Kinnevik Investment AB ser. B (2002–2025)
The table below shows the annual net assets of Kinnevik Investment AB ser. B from 2002 to 2025. For live market cap and overall valuation, see KINV-B company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr35.87 Billion ≈ $3.86 Billion |
-8.49% |
| 2024-12-31 | Skr39.20 Billion ≈ $4.22 Billion |
-18.60% |
| 2023-12-31 | Skr48.16 Billion ≈ $5.18 Billion |
-8.97% |
| 2022-12-31 | Skr52.91 Billion ≈ $5.69 Billion |
-26.92% |
| 2021-12-31 | Skr72.39 Billion ≈ $7.79 Billion |
-35.17% |
| 2020-12-31 | Skr111.67 Billion ≈ $12.02 Billion |
+52.36% |
| 2019-12-31 | Skr73.30 Billion ≈ $7.89 Billion |
+3.96% |
| 2018-12-31 | Skr70.50 Billion ≈ $7.59 Billion |
-22.21% |
| 2017-12-31 | Skr90.63 Billion ≈ $9.75 Billion |
+25.12% |
| 2016-12-31 | Skr72.43 Billion ≈ $7.80 Billion |
-13.22% |
| 2015-12-31 | Skr83.46 Billion ≈ $8.98 Billion |
-0.88% |
| 2014-12-31 | Skr84.21 Billion ≈ $9.06 Billion |
+28.92% |
| 2013-12-31 | Skr65.32 Billion ≈ $7.03 Billion |
+11.39% |
| 2012-12-31 | Skr58.64 Billion ≈ $6.31 Billion |
-1.75% |
| 2011-12-31 | Skr59.69 Billion ≈ $6.42 Billion |
+9.67% |
| 2010-12-31 | Skr54.42 Billion ≈ $5.86 Billion |
+30.59% |
| 2009-12-31 | Skr41.67 Billion ≈ $4.48 Billion |
+77.11% |
| 2008-12-31 | Skr23.53 Billion ≈ $2.53 Billion |
-53.19% |
| 2007-12-31 | Skr50.27 Billion ≈ $5.41 Billion |
+46.03% |
| 2006-12-31 | Skr34.42 Billion ≈ $3.70 Billion |
+47.73% |
| 2005-12-31 | Skr23.30 Billion ≈ $2.51 Billion |
+15.87% |
| 2004-12-31 | Skr20.11 Billion ≈ $2.16 Billion |
+460.19% |
| 2003-12-31 | Skr3.59 Billion ≈ $386.31 Million |
+21.44% |
| 2002-12-31 | Skr2.96 Billion ≈ $318.10 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Kinnevik Investment AB ser. 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 grown by 2700400000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr27.00 Billion | 75.28% |
| Common Stock | Skr28.00 Million | 0.08% |
| Other Components | Skr8.84 Billion | 24.64% |
| Total Equity | Skr35.87 Billion | 100.00% |
Kinnevik Investment AB ser. B Competitors by Market Cap
The table below lists competitors of Kinnevik Investment AB ser. B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Airport City Ltd
TA:ARPT
|
$1.48 Billion |
|
Doosan Fuel Cell Co Ltd
KO:336260
|
$1.48 Billion |
|
QCR Holdings Inc
NASDAQ:QCRH
|
$1.48 Billion |
|
Anhui Hengyuan Coal Industry and Electricity Power Co Ltd
SHG:600971
|
$1.48 Billion |
|
Meridianlink Inc
NYSE:MLNK
|
$1.48 Billion |
|
Indegene Ltd
NSE:INDGN
|
$1.48 Billion |
|
American Superconductor Corporation
NASDAQ:AMSC
|
$1.48 Billion |
|
Walker & Dunlop Inc
NYSE:WD
|
$1.48 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kinnevik Investment AB ser. B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 39,202,000,000 to 35,872,000,000, a change of -3,330,000,000 (-8.5%).
- Net loss of 3,346,000,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-3.35 Billion | -9.33% |
| Other Changes | Skr16.00 Million | +0.04% |
| Total Change | Skr- | -8.49% |
Book Value vs Market Value Analysis
This analysis compares Kinnevik Investment AB ser. 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: 0.44x
- 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 1.48x to 0.44x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | Skr38.08 | Skr56.50 | x |
| 2003-12-31 | Skr46.26 | Skr56.50 | x |
| 2004-12-31 | Skr83.05 | Skr56.50 | x |
| 2005-12-31 | Skr88.26 | Skr56.50 | x |
| 2006-12-31 | Skr130.35 | Skr56.50 | x |
| 2007-12-31 | Skr190.37 | Skr56.50 | x |
| 2008-12-31 | Skr89.34 | Skr56.50 | x |
| 2009-12-31 | Skr156.93 | Skr56.50 | x |
| 2010-12-31 | Skr196.18 | Skr56.50 | x |
| 2011-12-31 | Skr214.99 | Skr56.50 | x |
| 2012-12-31 | Skr211.09 | Skr56.50 | x |
| 2013-12-31 | Skr235.16 | Skr56.50 | x |
| 2014-12-31 | Skr303.30 | Skr56.50 | x |
| 2015-12-31 | Skr300.75 | Skr56.50 | x |
| 2016-12-31 | Skr262.63 | Skr56.50 | x |
| 2017-12-31 | Skr329.02 | Skr56.50 | x |
| 2018-12-31 | Skr255.61 | Skr56.50 | x |
| 2019-12-31 | Skr265.10 | Skr56.50 | x |
| 2020-12-31 | Skr402.65 | Skr56.50 | x |
| 2021-12-31 | Skr260.23 | Skr56.50 | x |
| 2022-12-31 | Skr189.29 | Skr56.50 | x |
| 2023-12-31 | Skr171.39 | Skr56.50 | x |
| 2024-12-31 | Skr138.97 | Skr56.50 | x |
| 2025-12-31 | Skr129.51 | Skr56.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kinnevik Investment AB ser. 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): -9.33%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -33460.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.06x
- Recent ROE (-9.33%) is below the historical average (6.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 37.96% | 114.10% | 0.11x | 2.96x | Skr826.37 Million |
| 2003 | 20.92% | 63.32% | 0.11x | 2.93x | Skr392.03 Million |
| 2004 | -7.05% | -30.80% | 0.13x | 1.73x | Skr-3.43 Billion |
| 2005 | 17.58% | 88.72% | 0.14x | 1.43x | Skr1.77 Billion |
| 2006 | 33.56% | 183.17% | 0.13x | 1.39x | Skr8.11 Billion |
| 2007 | 32.19% | 210.86% | 0.12x | 1.25x | Skr11.15 Billion |
| 2008 | -109.62% | -333.79% | 0.22x | 1.53x | Skr-28.12 Billion |
| 2009 | 39.32% | 194.99% | 0.16x | 1.28x | Skr12.21 Billion |
| 2010 | 25.04% | 158.52% | 0.13x | 1.19x | Skr8.18 Billion |
| 2011 | 10.99% | 74.58% | 0.13x | 1.17x | Skr591.30 Million |
| 2012 | 0.82% | 0.00% | -0.02x | 1.07x | Skr-5.38 Billion |
| 2013 | 12.97% | 85.80% | 0.15x | 1.03x | Skr1.94 Billion |
| 2014 | 24.82% | 92.63% | 0.26x | 1.02x | Skr12.47 Billion |
| 2015 | 1.45% | 94.30% | 0.02x | 1.02x | Skr-7.14 Billion |
| 2016 | -4.78% | 0.00% | -0.05x | 1.03x | Skr-10.70 Billion |
| 2017 | 22.46% | 99.61% | 0.22x | 1.03x | Skr11.30 Billion |
| 2018 | -19.37% | 0.00% | -0.18x | 1.05x | Skr-20.71 Billion |
| 2019 | 29.43% | 98.10% | 0.28x | 1.07x | Skr14.24 Billion |
| 2020 | 36.06% | 96.98% | 0.36x | 1.04x | Skr29.11 Billion |
| 2021 | 20.41% | 97.76% | 0.19x | 1.09x | Skr7.54 Billion |
| 2022 | -36.89% | 0.00% | -0.33x | 1.09x | Skr-24.81 Billion |
| 2023 | -15.00% | 0.00% | -0.13x | 1.11x | Skr-12.04 Billion |
| 2024 | -6.69% | 0.00% | -0.06x | 1.13x | Skr-6.54 Billion |
| 2025 | -9.33% | -33460.00% | 0.00x | 1.06x | Skr-6.93 Billion |
Industry Comparison
This section compares Kinnevik Investment AB ser. B's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $1,971,676,355
- Average return on equity (ROE) among peers: 5.96%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kinnevik Investment AB ser. B (KINV-B) | Skr27.91 Billion | 37.96% | 0.08x | $1.48 Billion |
| Athanase Innovation AB (ATIN) | $244.06 Million | 2.54% | 1.77x | $53.81 Million |
| Bure Equity AB (BURE) | $2.75 Billion | 38.02% | 0.36x | $2.14 Billion |
| Case Group AB (CASE) | $331.01 Million | 12.71% | 0.20x | $70.66 Million |
| Catella AB A (CAT-A) | $958.00 Million | -3.44% | 3.09x | $4.86 Million |
| Catella AB (publ) (CAT-B) | $1.01 Billion | 2.47% | 4.28x | $180.49 Million |
| Creades AB (CRED-A) | $11.15 Billion | 10.87% | 0.01x | $905.26 Million |
| Effnetplattformen Holding AB (EFFH) | $24.07 Million | -48.40% | 0.12x | $11.38 Million |
| EQT AB (publ) (EQT) | $2.94 Billion | 30.90% | 0.32x | $43.54 Billion |
| First Venture Sweden AB Series B (FIRST-B) | $289.72 Million | -8.57% | 0.23x | $5.02 Million |
| Flat Capital AB Series B (FLAT-B) | $6.19 Million | 22.54% | 0.01x | $410.23 Million |
About Kinnevik Investment AB ser. B
Kinnevik AB is a venture capital firm specializing in investments in early to late venture and growth capital. The firm also prefers indirect investments in venture capital funds. It prefers to invest in digital consumer business, education, communication, e-commerce and marketplaces, entertainment, healthcare, and financial services but may also invest in other areas. The firm invests worldwide,… Read more