Minesto AB (MINEST) - Net Assets

Latest as of September 2025: Skr554.23 Million SEK ≈ $59.64 Million USD

Based on the latest financial reports, Minesto AB (MINEST) has net assets worth Skr554.23 Million SEK (≈ $59.64 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr599.80 Million ≈ $64.55 Million USD) and total liabilities (Skr45.57 Million ≈ $4.90 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 Minesto AB liquidity resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Skr554.23 Million
% of Total Assets	92.4%
Annual Growth Rate	21.69%
5-Year Change	38.09%
10-Year Change	186.88%
Growth Volatility	40.78

Minesto AB - Net Assets Trend (2013–2024)

This chart illustrates how Minesto AB's net assets have evolved over time, based on quarterly financial data. Also explore Minesto AB total assets for the complete picture of this company's asset base.

Annual Net Assets for Minesto AB (2013–2024)

The table below shows the annual net assets of Minesto AB from 2013 to 2024. For live valuation and market cap data, see Minesto AB (MINEST) total market value.

Year	Net Assets	Change
2024-12-31	Skr568.65 Million ≈ $61.20 Million	+8.78%
2023-12-31	Skr522.75 Million ≈ $56.26 Million	+15.31%
2022-12-31	Skr453.34 Million ≈ $48.79 Million	-15.70%
2021-12-31	Skr537.75 Million ≈ $57.87 Million	+30.59%
2020-12-31	Skr411.78 Million ≈ $44.31 Million	+3.28%
2019-12-31	Skr398.70 Million ≈ $42.91 Million	+31.06%
2018-12-31	Skr304.22 Million ≈ $32.74 Million	+20.97%
2017-12-31	Skr251.48 Million ≈ $27.06 Million	+35.73%
2016-12-31	Skr185.29 Million ≈ $19.94 Million	-6.52%
2015-12-31	Skr198.22 Million ≈ $21.33 Million	+146.00%
2014-12-31	Skr80.58 Million ≈ $8.67 Million	+22.86%
2013-12-31	Skr65.58 Million ≈ $7.06 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Minesto 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 33201609200.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	Skr9.71 Million	1.71%
Other Comprehensive Income	Skr137.00K	0.02%
Other Components	Skr926.21 Million	162.88%
Total Equity	Skr568.65 Million	100.00%

Minesto AB Competitors by Market Cap

The table below lists competitors of Minesto AB ranked by their market capitalization.

Company	Market Cap
DGR Global Ltd AU:DGR	$21.42 Million
Asuransi Ramayana Tbk JK:ASRM	$21.42 Million
Attica Publications S.A AT:ATEK	$21.42 Million
Kota Satu Properti Tbk PT JK:SATU	$21.43 Million
Acco Group Holdings Limited Ordinary Shares NASDAQ:ACCL	$21.41 Million
Logisys Inc KQ:067730	$21.40 Million
SHINWON CONSTRUCTION COMPANY Ltd KQ:017000	$21.39 Million
SYZYGY AG XETRA:SYZ	$21.39 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Minesto AB's equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 522,745,726 to 568,649,000, a change of 45,903,274 (8.8%).
Net loss of 36,104,000 reduced equity.
Share repurchases of 81,948,000 reduced equity.
New share issuances of 100,040,000 increased equity.
Other comprehensive income increased equity by 340,425.
Other factors increased equity by 63,574,849.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	Skr-36.10 Million	-6.35%
Share Repurchases	Skr81.95 Million	-14.41%
Share Issuances	Skr100.04 Million	+17.59%
Other Comprehensive Income	Skr340.43K	+0.06%
Other Changes	Skr63.57 Million	+11.18%
Total Change	Skr-	8.78%

Book Value vs Market Value Analysis

This analysis compares Minesto 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: 0.26x
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.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-12-31	Skr3.52	Skr0.77	x
2014-12-31	Skr2.40	Skr0.77	x
2015-12-31	Skr3.10	Skr0.77	x
2016-12-31	Skr2.90	Skr0.77	x
2017-12-31	Skr3.30	Skr0.77	x
2018-12-31	Skr2.96	Skr0.77	x
2019-12-31	Skr3.20	Skr0.77	x
2020-12-31	Skr3.12	Skr0.77	x
2021-12-31	Skr3.74	Skr0.77	x
2022-12-31	Skr3.15	Skr0.77	x
2023-12-31	Skr3.20	Skr0.77	x
2024-12-31	Skr2.93	Skr0.77	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Minesto 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): -6.35%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -48138.67%
• Asset Turnover: 0.00x
• Equity Multiplier: 1.03x
Recent ROE (-6.35%) is above the historical average (-9.24%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	-16.69%	-72966.67%	0.00x	1.07x	Skr-17.50 Million
2014	-11.41%	-7071.54%	0.00x	1.14x	Skr-17.25 Million
2015	-7.83%	-41713.89%	0.00x	1.10x	Skr-35.33 Million
2016	-6.98%	-46.75%	0.13x	1.18x	Skr-31.45 Million
2017	-3.13%	-23.53%	0.12x	1.12x	Skr-33.01 Million
2018	-3.62%	-31.84%	0.11x	1.07x	Skr-41.42 Million
2019	-25.07%	-279.63%	0.08x	1.07x	Skr-139.83 Million
2020	-3.23%	-33.21%	0.09x	1.04x	Skr-54.48 Million
2021	-2.78%	-38.51%	0.07x	1.04x	Skr-68.70 Million
2022	-18.63%	-197.20%	0.09x	1.07x	Skr-129.77 Million
2023	-5.19%	-6936.90%	0.00x	1.06x	Skr-79.40 Million
2024	-6.35%	-48138.67%	0.00x	1.03x	Skr-92.97 Million

Industry Comparison

This section compares Minesto AB's net assets metrics with peer companies in the Utilities - Renewable industry.

Industry Context

Industry: Utilities - Renewable
Average net assets among peers: $370,213,714
Average return on equity (ROE) among peers: -30.44%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Minesto AB (MINEST)	Skr554.23 Million	-16.69%	0.08x	$21.41 Million
Arise Windpower AB (ARISE)	$373.59 Million	-0.88%	1.21x	$195.75 Million
Cortus Energy AB (publ) (CE)	$61.00 Million	-117.84%	0.76x	$2.33 Million
Climeon AB (publ) (CLIME-B)	$141.81 Million	-72.83%	0.70x	$16.04 Million
Dlaboratory Sweden AB (DLAB)	$11.17 Million	-55.44%	1.21x	$4.38 Million
Eolus Vind AB (publ) (EOLU-B)	$960.84 Million	14.89%	0.63x	$109.91 Million
Orrön Energy AB (publ) (ORRON)	$997.78 Million	49.96%	1.43x	$291.68 Million
ZAZZ Energy of Sweden AB (ZAZZ-B)	$45.30 Million	-30.93%	0.35x	$1.77 Million

About Minesto AB

ST:MINEST Sweden Utilities - Renewable

Market Cap

$21.41 Million

Skr198.99 Million SEK

Market Cap Rank

#24826 Global

#500 in Sweden

Share Price

Skr0.77

Change (1 day)

+3.10%

52-Week Range

Skr0.54 - Skr4.98

All Time High

Skr35.25