MIPS AB (MIPS) - Net Assets

Latest as of December 2025: Skr562.00 Million SEK ≈ $60.48 Million USD

Based on the latest financial reports, MIPS AB (MIPS) has net assets worth Skr562.00 Million SEK (≈ $60.48 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 (Skr1.31 Billion ≈ $140.65 Million USD) and total liabilities (Skr745.00 Million ≈ $80.17 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 MIPS asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Skr562.00 Million
% of Total Assets	43.0%
Annual Growth Rate	59.11%
5-Year Change	-2.6%
10-Year Change	880.34%
Growth Volatility	211.03

MIPS AB - Net Assets Trend (2013–2025)

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

Annual Net Assets for MIPS AB (2013–2025)

The table below shows the annual net assets of MIPS AB from 2013 to 2025. For live valuation and market cap data, see market value of MIPS AB.

Year	Net Assets	Change
2025-12-31	Skr562.00 Million ≈ $60.48 Million	-12.32%
2024-12-31	Skr641.00 Million ≈ $68.98 Million	-2.44%
2023-12-31	Skr657.00 Million ≈ $70.70 Million	+4.95%
2022-12-31	Skr626.00 Million ≈ $67.37 Million	+8.49%
2021-12-31	Skr577.00 Million ≈ $62.09 Million	+35.45%
2020-12-31	Skr426.00 Million ≈ $45.84 Million	+43.00%
2019-12-31	Skr297.90 Million ≈ $32.06 Million	+8.08%
2018-12-31	Skr275.64 Million ≈ $29.66 Million	+24.96%
2017-12-31	Skr220.57 Million ≈ $23.74 Million	+284.76%
2016-12-31	Skr57.33 Million ≈ $6.17 Million	+37.97%
2015-12-31	Skr41.55 Million ≈ $4.47 Million	+126.45%
2014-12-31	Skr18.35 Million ≈ $1.97 Million	+759.44%
2013-12-31	Skr2.13 Million ≈ $229.76K	--

Equity Component Analysis

This analysis shows how different components contribute to MIPS 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 26629300000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	Skr197.00 Million	35.05%
Common Stock	Skr3.00 Million	0.53%
Other Components	Skr362.00 Million	64.41%
Total Equity	Skr562.00 Million	100.00%

MIPS AB Competitors by Market Cap

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

Company	Market Cap
Feitian Technologies Co Ltd SHE:300386	$776.29 Million
Zhejiang MustangBattery Co.Ltd SHG:605378	$776.34 Million
BCI Minerals Ltd AU:BCI	$776.38 Million
Ganesh Housing Corporation Limited NSE:GANESHHOUC	$776.54 Million
Zhongzhu Medical Holdings Co Ltd SHG:600568	$775.71 Million
MedCap AB (publ) ST:MCAP	$775.50 Million
Suzhou Tianwo Science and Technology Co Ltd SHE:002564	$775.47 Million
MBK Public Company Limited BK:MBK-R	$775.40 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2024 to 2025, total equity changed from 641,000,000 to 562,000,000, a change of -79,000,000 (-12.3%).
Net income of 120,000,000 contributed positively to equity growth.
Dividend payments of 172,000,000 reduced retained earnings.
New share issuances of 2,000,000 increased equity.
Other comprehensive income decreased equity by 5,000,000.
Other factors decreased equity by 24,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Skr120.00 Million	+21.35%
Dividends Paid	Skr172.00 Million	-30.6%
Share Issuances	Skr2.00 Million	+0.36%
Other Comprehensive Income	Skr-5.00 Million	-0.89%
Other Changes	Skr-24.00 Million	-4.27%
Total Change	Skr-	-12.32%

Book Value vs Market Value Analysis

This analysis compares MIPS 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: 12.83x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 375.31x to 12.83x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2014-12-31	Skr0.73	Skr272.20	x
2015-12-31	Skr1.64	Skr272.20	x
2016-12-31	Skr2.27	Skr272.20	x
2017-12-31	Skr8.98	Skr272.20	x
2018-12-31	Skr10.79	Skr272.20	x
2019-12-31	Skr11.53	Skr272.20	x
2020-12-31	Skr16.28	Skr272.20	x
2021-12-31	Skr21.78	Skr272.20	x
2022-12-31	Skr23.70	Skr272.20	x
2023-12-31	Skr24.89	Skr272.20	x
2024-12-31	Skr24.19	Skr272.20	x
2025-12-31	Skr21.21	Skr272.20	x

Capital Efficiency Dashboard

This dashboard shows how efficiently MIPS 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): 21.35%
The company demonstrates strong efficiency in generating profits from shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 22.51%
• Asset Turnover: 0.41x
• Equity Multiplier: 2.33x
Recent ROE (21.35%) is above the historical average (17.52%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	-71.55%	-88.92%	0.56x	1.44x	Skr-14.96 Million
2015	45.20%	37.90%	0.91x	1.31x	Skr14.62 Million
2016	24.95%	16.51%	1.15x	1.32x	Skr8.57 Million
2017	7.17%	12.59%	0.52x	1.10x	Skr-6.24 Million
2018	20.46%	29.29%	0.60x	1.16x	Skr28.83 Million
2019	28.48%	31.67%	0.78x	1.15x	Skr55.04 Million
2020	30.28%	35.34%	0.71x	1.21x	Skr86.40 Million
2021	44.19%	41.94%	0.80x	1.31x	Skr197.30 Million
2022	27.96%	31.08%	0.73x	1.23x	Skr112.40 Million
2023	9.74%	17.93%	0.48x	1.12x	Skr-1.70 Million
2024	22.00%	29.19%	0.65x	1.15x	Skr76.90 Million
2025	21.35%	22.51%	0.41x	2.33x	Skr63.80 Million

Industry Comparison

This section compares MIPS AB's net assets metrics with peer companies in the Leisure industry.

Industry Context

Industry: Leisure
Average net assets among peers: $2,517,520,285
Average return on equity (ROE) among peers: 12.54%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
MIPS AB (MIPS)	Skr562.00 Million	-71.55%	1.33x	$776.01 Million
Financière Amuse TopCo SAS (ASMDEE-B)	$1.49 Billion	0.00%	1.59x	$3.00 Billion
Actic Group AB (ATIC)	$205.64 Million	-17.67%	6.12x	$79.22 Million
Dometic Group AB (publ) (DOM)	$14.51 Billion	10.30%	1.14x	$1.07 Billion
Profoto Holding AB (PRFO)	$331.00 Million	47.73%	0.77x	$32.46 Million
Soder Sportfiske AB (SODER)	$87.70 Million	6.50%	0.54x	$15.57 Million
Thule Group AB (THULE)	$3.47 Billion	20.39%	1.10x	$2.66 Billion
USWE Sports AB (USWE)	$12.76 Million	50.84%	1.54x	$9.29 Million
Unlimited Travel Group UTG AB (publ) (UTG)	$37.03 Million	-17.82%	2.25x	$23.74 Million

About MIPS AB

ST:MIPS Sweden Leisure

Market Cap

$776.01 Million

Skr7.21 Billion SEK

Market Cap Rank

#10305 Global

#156 in Sweden

Share Price

Skr272.20

Change (1 day)

-0.95%

52-Week Range

Skr212.00 - Skr464.60

All Time High

Skr1192.91