NEOBO FASTIGHETER (NEOBO) - Net Assets
Based on the latest financial reports, NEOBO FASTIGHETER (NEOBO) has net assets worth Skr6.27 Billion SEK (≈ $675.18 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 (Skr14.08 Billion ≈ $1.51 Billion USD) and total liabilities (Skr7.80 Billion ≈ $839.62 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. Read NEOBO liabilities breakdown for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr6.27 Billion |
| % of Total Assets | 44.57% |
| Annual Growth Rate | 20.37% |
| 5-Year Change | 19.33% |
| 10-Year Change | N/A |
| Growth Volatility | 87.66 |
NEOBO FASTIGHETER - Net Assets Trend (2016–2024)
This chart illustrates how NEOBO FASTIGHETER's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of NEOBO FASTIGHETER for the complete picture of this company's asset base.
Annual Net Assets for NEOBO FASTIGHETER (2016–2024)
The table below shows the annual net assets of NEOBO FASTIGHETER from 2016 to 2024. For live valuation and market cap data, see NEOBO FASTIGHETER market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr6.21 Billion ≈ $668.51 Million |
-3.01% |
| 2023-12-31 | Skr6.41 Billion ≈ $689.28 Million |
-17.64% |
| 2022-12-31 | Skr7.78 Billion ≈ $836.93 Million |
+121.63% |
| 2021-12-31 | Skr3.51 Billion ≈ $377.62 Million |
-32.60% |
| 2020-12-31 | Skr5.21 Billion ≈ $560.24 Million |
+70.16% |
| 2019-12-31 | Skr3.06 Billion ≈ $329.23 Million |
+203.73% |
| 2018-12-31 | Skr1.01 Billion ≈ $108.40 Million |
+116.49% |
| 2017-12-31 | Skr465.27 Million ≈ $50.07 Million |
-66.98% |
| 2016-12-31 | Skr1.41 Billion ≈ $151.66 Million |
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Equity Component Analysis
This analysis shows how different components contribute to NEOBO FASTIGHETER'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 62.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr319.00 Million | 5.14% |
| Common Stock | Skr752.00 Million | 12.11% |
| Other Components | Skr5.14 Billion | 82.76% |
| Total Equity | Skr6.21 Billion | 100.00% |
NEOBO FASTIGHETER Competitors by Market Cap
The table below lists competitors of NEOBO FASTIGHETER ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
EUWAX Aktiengesellschaft
F:EUX
|
$252.86 Million |
|
Jasuindo Tiga Perkasa Tbk
JK:JTPE
|
$252.95 Million |
|
Gyldendal A/S
CO:GYLD-A
|
$252.98 Million |
|
Berry Petroleum Corp
NASDAQ:BRY
|
$253.00 Million |
|
Mitra Pinasthika Mustika Tbk
JK:MPMX
|
$252.79 Million |
|
Bank of Zhengzhou Co. Ltd
F:3BZ
|
$252.75 Million |
|
Jackson Acquisition Company II
NYSE:JACS
|
$252.70 Million |
|
Tantalus Systems Holding Inc
TO:GRID
|
$252.59 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NEOBO FASTIGHETER's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,405,000,000 to 6,212,000,000, a change of -193,000,000 (-3.0%).
- Net loss of 193,000,000 reduced equity.
- Other comprehensive income decreased equity by 6,405,000,000.
- Other factors increased equity by 6,405,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-193.00 Million | -3.11% |
| Other Comprehensive Income | Skr-6.41 Billion | -103.11% |
| Other Changes | Skr6.41 Billion | +103.11% |
| Total Change | Skr- | -3.01% |
Book Value vs Market Value Analysis
This analysis compares NEOBO FASTIGHETER'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: 0.38x
- 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 1.26x to 0.38x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Skr12.81 | Skr16.16 | x |
| 2017-12-31 | Skr9.83 | Skr16.16 | x |
| 2018-12-31 | Skr16.41 | Skr16.16 | x |
| 2019-12-31 | Skr12.66 | Skr16.16 | x |
| 2020-12-31 | Skr21.49 | Skr16.16 | x |
| 2021-12-31 | Skr125.54 | Skr16.16 | x |
| 2022-12-31 | Skr53.43 | Skr16.16 | x |
| 2023-12-31 | Skr44.05 | Skr16.16 | x |
| 2024-12-31 | Skr42.72 | Skr16.16 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NEOBO FASTIGHETER 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): -3.11%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -21.26%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 2.25x
- Recent ROE (-3.11%) is below the historical average (1.81%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 6.09% | 68.38% | 0.16x | 0.56x | Skr-108.24 Million |
| 2017 | 1.83% | 22.17% | 0.44x | 0.19x | Skr-271.06 Million |
| 2018 | 5.85% | 83.77% | 0.23x | 0.30x | Skr-164.67 Million |
| 2019 | 16.32% | 126.35% | 0.06x | 2.25x | Skr193.25 Million |
| 2020 | 13.84% | 150.54% | 0.04x | 2.34x | Skr199.16 Million |
| 2021 | 22.40% | 581.65% | 0.16x | 0.23x | Skr2.26 Billion |
| 2022 | -25.50% | -241.24% | 0.05x | 2.06x | Skr-2.76 Billion |
| 2023 | -21.44% | -154.62% | 0.06x | 2.26x | Skr-2.01 Billion |
| 2024 | -3.11% | -21.26% | 0.06x | 2.25x | Skr-814.20 Million |
Industry Comparison
This section compares NEOBO FASTIGHETER's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,847,251,800
- Average return on equity (ROE) among peers: 11.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| NEOBO FASTIGHETER (NEOBO) | Skr6.27 Billion | 6.09% | 1.24x | $252.86 Million |
| Annehem Fastigheter AB (ANNE-B) | $389.30 Million | 14.54% | 1.60x | $149.36 Million |
| Bonasudden Holding AB (BONAS) | $585.85 Million | 4.91% | 1.63x | $30.19 Million |
| Brinova Fastigheter AB (publ) (BRIN-B) | $22.10 Million | -3.17% | 0.93x | $260.83 Million |
| Eastnine AB (publ) (EAST) | $309.94 Million | 11.67% | 0.62x | $465.07 Million |
| Fastighetsbolaget Emilshus AB (EMIL-B) | $942.60 Million | 18.66% | 1.98x | $655.99 Million |
| Fabege AB (FABG) | $11.33 Billion | 11.62% | 2.39x | $2.62 Billion |
| Fastator AB (FASTAT) | $2.48 Billion | 18.90% | 1.98x | $2.06 Million |
| Fleming Properties AB (FLMNG) | $55.22 Million | -5.08% | 1.50x | $37.68 Million |
| Fortinova Fastigheter AB Series B (FNOVA-B) | $2.14 Billion | -12.27% | 1.46x | $132.80 Million |
| Genova Property Group AB (GPG) | $214.74 Million | 52.70% | 0.00x | $187.05 Million |
About NEOBO FASTIGHETER
Neobo Fastigheter AB (publ) operates as a real estate company that owns, manages, and refines rental residential properties in Sweden. The company offers services in the areas of vacant apartments, premises, and parking lots. The company was formerly known as Amasten Fastighets AB (publ) and changed its name to Neobo Fastigheter AB (publ) in December 2022. Neobo Fastigheter AB (publ) was incorpor… Read more