Malmbergs Elektriska AB (publ)
Malmbergs Elektriska AB (publ) supplies electrical equipment for installers, industrial, construction and rental companies, and retailers in Sweden and internationally. The company offers smart connect products, including pucks, cameras, door contacts, doorbells, fire alarms, water alarms, lighting control, etc.; solar panels and inverters, as well as energy storage; EV chargers; and Installation… Read more
Malmbergs Elektriska AB (publ) (MEAB-B) - Net Assets
Latest net assets as of September 2025: Skr306.41 Million SEK
Based on the latest financial reports, Malmbergs Elektriska AB (publ) (MEAB-B) has net assets worth Skr306.41 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 (Skr464.16 Million) and total liabilities (Skr157.75 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 | Skr306.41 Million |
| % of Total Assets | 66.01% |
| Annual Growth Rate | 4.66% |
| 5-Year Change | 0.04% |
| 10-Year Change | 14.26% |
| Growth Volatility | 7.65 |
Malmbergs Elektriska AB (publ) - Net Assets Trend (2002–2024)
This chart illustrates how Malmbergs Elektriska 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 Malmbergs Elektriska AB (publ) (2002–2024)
The table below shows the annual net assets of Malmbergs Elektriska AB (publ) from 2002 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr329.98 Million | -10.89% |
| 2023-12-31 | Skr370.29 Million | -2.32% |
| 2022-12-31 | Skr379.11 Million | +6.88% |
| 2021-12-31 | Skr354.71 Million | +7.54% |
| 2020-12-31 | Skr329.83 Million | +8.14% |
| 2019-12-31 | Skr305.00 Million | +5.22% |
| 2018-12-31 | Skr289.86 Million | +0.17% |
| 2017-12-31 | Skr289.37 Million | -6.50% |
| 2016-12-31 | Skr309.49 Million | +7.17% |
| 2015-12-31 | Skr288.79 Million | -2.84% |
| 2014-12-31 | Skr297.23 Million | +7.09% |
| 2013-12-31 | Skr277.56 Million | +8.07% |
| 2012-12-31 | Skr256.84 Million | -1.26% |
| 2011-12-31 | Skr260.12 Million | +16.89% |
| 2010-12-31 | Skr222.53 Million | +3.92% |
| 2009-12-31 | Skr214.15 Million | +11.17% |
| 2008-12-31 | Skr192.63 Million | +8.17% |
| 2007-12-31 | Skr178.08 Million | -8.39% |
| 2006-12-31 | Skr194.40 Million | +7.64% |
| 2005-12-31 | Skr180.59 Million | +14.27% |
| 2004-12-31 | Skr158.03 Million | +19.33% |
| 2003-12-31 | Skr132.43 Million | +9.35% |
| 2002-12-31 | Skr121.11 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Malmbergs Elektriska 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 2055.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr311.48 Million | 94.39% |
| Common Stock | Skr20.00 Million | 6.06% |
| Other Comprehensive Income | Skr-1.49 Million | -0.45% |
| Total Equity | Skr329.98 Million | 100.00% |
Malmbergs Elektriska AB (publ) Competitors by Market Cap
The table below lists competitors of Malmbergs Elektriska AB (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Kapston Services Limited
NSE:KAPSTON
|
$13.24 Million |
|
PXSTD
PINK:PXSTD
|
$13.24 Million |
|
SOSANDAR PLC LS -001
F:HXKB
|
$13.24 Million |
|
Netgem SA
PA:ALNTG
|
$13.24 Million |
|
Smart Digital Group Limited Ordinary Shares
NASDAQ:SDM
|
$13.22 Million |
|
Surgepays Inc
NASDAQ:SURG
|
$13.22 Million |
|
Intervacc AB
ST:IVACC
|
$13.22 Million |
|
Koryo Electronics Co Ltd
TWO:8032
|
$13.22 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Malmbergs Elektriska AB (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 370,293,000 to 329,982,000, a change of -40,311,000 (-10.9%).
- Net loss of 24,469,000 reduced equity.
- Dividend payments of 16,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 158,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-24.47 Million | -7.42% |
| Dividends Paid | Skr16.00 Million | -4.85% |
| Other Comprehensive Income | Skr158.00K | +0.05% |
| Total Change | Skr- | -10.89% |
Book Value vs Market Value Analysis
This analysis compares Malmbergs Elektriska 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: 0.80x
- 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 2.14x to 0.80x 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 | Skr15.53 | Skr33.20 | x |
| 2003-12-31 | Skr16.98 | Skr33.20 | x |
| 2004-12-31 | Skr19.84 | Skr33.20 | x |
| 2005-12-31 | Skr22.57 | Skr33.20 | x |
| 2006-12-31 | Skr24.30 | Skr33.20 | x |
| 2007-12-31 | Skr22.26 | Skr33.20 | x |
| 2008-12-31 | Skr24.08 | Skr33.20 | x |
| 2009-12-31 | Skr26.77 | Skr33.20 | x |
| 2010-12-31 | Skr27.82 | Skr33.20 | x |
| 2011-12-31 | Skr32.52 | Skr33.20 | x |
| 2012-12-31 | Skr32.11 | Skr33.20 | x |
| 2013-12-31 | Skr34.69 | Skr33.20 | x |
| 2014-12-31 | Skr37.15 | Skr33.20 | x |
| 2015-12-31 | Skr36.10 | Skr33.20 | x |
| 2016-12-31 | Skr38.69 | Skr33.20 | x |
| 2017-12-31 | Skr36.17 | Skr33.20 | x |
| 2018-12-31 | Skr36.23 | Skr33.20 | x |
| 2019-12-31 | Skr38.12 | Skr33.20 | x |
| 2020-12-31 | Skr41.23 | Skr33.20 | x |
| 2021-12-31 | Skr44.34 | Skr33.20 | x |
| 2022-12-31 | Skr47.39 | Skr33.20 | x |
| 2023-12-31 | Skr46.29 | Skr33.20 | x |
| 2024-12-31 | Skr41.25 | Skr33.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Malmbergs Elektriska 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): -7.42%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.74%
- • Asset Turnover: 1.05x
- • Equity Multiplier: 1.50x
- Recent ROE (-7.42%) is below the historical average (14.24%), 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 | 11.93% | 3.91% | 1.63x | 1.87x | Skr2.34 Million |
| 2003 | 13.54% | 4.52% | 1.70x | 1.76x | Skr4.68 Million |
| 2004 | 16.07% | 5.81% | 1.65x | 1.67x | Skr9.59 Million |
| 2005 | 18.57% | 6.76% | 1.61x | 1.71x | Skr15.48 Million |
| 2006 | 20.36% | 7.14% | 1.68x | 1.69x | Skr20.14 Million |
| 2007 | 23.00% | 7.09% | 1.64x | 1.97x | Skr23.15 Million |
| 2008 | 17.65% | 6.12% | 1.59x | 1.81x | Skr14.74 Million |
| 2009 | 9.02% | 3.99% | 1.38x | 1.64x | Skr-2.10 Million |
| 2010 | 7.23% | 3.07% | 1.53x | 1.54x | Skr-6.17 Million |
| 2011 | 20.69% | 10.29% | 1.40x | 1.44x | Skr27.82 Million |
| 2012 | 14.42% | 7.18% | 1.38x | 1.46x | Skr11.37 Million |
| 2013 | 19.11% | 9.66% | 1.40x | 1.41x | Skr25.29 Million |
| 2014 | 22.56% | 11.03% | 1.50x | 1.36x | Skr37.32 Million |
| 2015 | 25.90% | 11.24% | 1.53x | 1.50x | Skr45.92 Million |
| 2016 | 26.22% | 12.22% | 1.44x | 1.49x | Skr50.21 Million |
| 2017 | 13.95% | 6.27% | 1.54x | 1.44x | Skr11.43 Million |
| 2018 | 13.58% | 6.43% | 1.57x | 1.34x | Skr10.38 Million |
| 2019 | 11.37% | 5.66% | 1.12x | 1.79x | Skr4.18 Million |
| 2020 | 8.25% | 4.40% | 1.15x | 1.63x | Skr-5.79 Million |
| 2021 | 10.09% | 5.65% | 1.16x | 1.54x | Skr314.50K |
| 2022 | 8.72% | 4.94% | 1.13x | 1.56x | Skr-4.86 Million |
| 2023 | 2.61% | 1.61% | 1.07x | 1.51x | Skr-27.38 Million |
| 2024 | -7.42% | -4.74% | 1.05x | 1.50x | Skr-57.47 Million |
Industry Comparison
This section compares Malmbergs Elektriska AB (publ)'s net assets metrics with peer companies in the Electronics & Computer Distribution industry.
Industry Context
- Industry: Electronics & Computer Distribution
- Average net assets among peers: $407,432,000
- Average return on equity (ROE) among peers: -0.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Malmbergs Elektriska AB (publ) (MEAB-B) | Skr306.41 Million | 11.93% | 0.51x | $13.23 Million |
| DistIT AB (publ) (DIST) | $407.43 Million | -0.79% | 1.64x | $10.46 Million |