Nordic Asia Investment Group 1987 AB Series B
Nordic Asia Investment Group is a Swedish investment company that acquires, owns, and develops portfolios of investments in unlisted assets through a dedicated buy-and-build strategy. The goal is to create value for shareholders while promoting innovation. The company focuses on portfolios within selected strategic areas where the holdings are considered to have high potential for attractive valu… Read more
Nordic Asia Investment Group 1987 AB Series B (NAIG-B) - Net Assets
Latest net assets as of September 2025: Skr97.45 Million SEK
Based on the latest financial reports, Nordic Asia Investment Group 1987 AB Series B (NAIG-B) has net assets worth Skr97.45 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 (Skr112.98 Million) and total liabilities (Skr15.54 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 | Skr97.45 Million |
| % of Total Assets | 86.25% |
| Annual Growth Rate | 38.49% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 354.16 |
Nordic Asia Investment Group 1987 AB Series B - Net Assets Trend (2020–2024)
This chart illustrates how Nordic Asia Investment Group 1987 AB Series B's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Nordic Asia Investment Group 1987 AB Series B (2020–2024)
The table below shows the annual net assets of Nordic Asia Investment Group 1987 AB Series B from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr119.78 Million | -12.91% |
| 2023-12-31 | Skr137.53 Million | -40.99% |
| 2022-12-31 | Skr233.05 Million | -19.84% |
| 2021-12-31 | Skr290.73 Million | +792.96% |
| 2020-12-31 | Skr32.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nordic Asia Investment Group 1987 AB Series 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 decreased by 32598.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Skr268.62 Million | 224.26% |
| Total Equity | Skr119.78 Million | 100.00% |
Nordic Asia Investment Group 1987 AB Series B Competitors by Market Cap
The table below lists competitors of Nordic Asia Investment Group 1987 AB Series B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Incentiapay Ltd
AU:INP
|
$578.01K |
|
Gomero Group AB (Publ)
F:EO8
|
$578.64K |
|
Queenco-L
TA:QNCO
|
$579.36K |
|
MYNARIC AG SP.ADS/025
F:M0YA
|
$579.40K |
|
Assetowl Ltd
AU:AO1
|
$577.74K |
|
CYMBRIA CORP. CLASS A
F:CYOA
|
$577.58K |
|
Transpaco Ltd
JSE:TPC
|
$577.01K |
|
BIJBF
OTCGREY:BIJBF
|
$576.92K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nordic Asia Investment Group 1987 AB Series B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 137,528,000 to 119,778,000, a change of -17,750,000 (-12.9%).
- Net income of 327,000 contributed positively to equity growth.
- Dividend payments of 3,531,000 reduced retained earnings.
- Share repurchases of 14,644,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr327.00K | +0.27% |
| Dividends Paid | Skr3.53 Million | -2.95% |
| Share Repurchases | Skr14.64 Million | -12.23% |
| Other Changes | Skr98.00K | +0.08% |
| Total Change | Skr- | -12.91% |
Book Value vs Market Value Analysis
This analysis compares Nordic Asia Investment Group 1987 AB Series 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: 0.15x
- 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 0.75x to 0.15x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | Skr0.83 | Skr0.62 | x |
| 2021-12-31 | Skr7.87 | Skr0.62 | x |
| 2022-12-31 | Skr6.78 | Skr0.62 | x |
| 2023-12-31 | Skr4.28 | Skr0.62 | x |
| 2024-12-31 | Skr4.13 | Skr0.62 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nordic Asia Investment Group 1987 AB Series 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): 0.27%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 75.00%
- • Asset Turnover: 0.00x
- • Equity Multiplier: 1.01x
- Recent ROE (0.27%) is above the historical average (-15.96%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 1.10% | 0.00% | -0.02x | 1.01x | Skr-2.90 Million |
| 2021 | -8.19% | 0.00% | -0.02x | 1.02x | Skr-52.87 Million |
| 2022 | -15.79% | 0.00% | -0.10x | 1.00x | Skr-60.12 Million |
| 2023 | -57.18% | 0.00% | -0.25x | 1.01x | Skr-92.39 Million |
| 2024 | 0.27% | 75.00% | 0.00x | 1.01x | Skr-11.65 Million |
Industry Comparison
This section compares Nordic Asia Investment Group 1987 AB Series B's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $2,644,922,300
- Average return on equity (ROE) among peers: 5.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nordic Asia Investment Group 1987 AB Series B (NAIG-B) | Skr97.45 Million | 1.10% | 0.16x | $577.86K |
| Athanase Innovation AB (ATIN) | $907.40 Million | -2.93% | 0.01x | $6.52 Million |
| BMC (BMC) | $46.31 Million | 81.79% | 0.68x | $8.84 Million |
| Bure Equity AB (BURE) | $13.57 Billion | 31.15% | 0.02x | $1.09 Billion |
| Case Group AB (CASE) | $288.95 Million | 5.93% | 0.23x | $16.50 Million |
| Catella AB A (CAT-A) | $932.00 Million | -2.36% | 2.74x | $77.53 Million |
| Catella AB (publ) (CAT-B) | $932.00 Million | -2.36% | 2.74x | $75.92 Million |
| Creades AB (CRED-A) | $9.18 Billion | 6.08% | 0.02x | $335.82 Million |
| Effnetplattformen Holding AB (EFFH) | $16.30 Million | -31.51% | 0.16x | $4.04K |
| First Venture Sweden AB Series B (FIRST-B) | $165.81 Million | -7.93% | 0.02x | $3.11 Million |
| Flat Capital AB Series B (FLAT-B) | $412.76 Million | -20.20% | 0.00x | $61.10 Million |