Netel Holding AB (NETEL) - Net Assets
Based on the latest financial reports, Netel Holding AB (NETEL) has net assets worth Skr971.00 Million SEK (≈ $104.50 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 (Skr2.75 Billion ≈ $296.48 Million USD) and total liabilities (Skr1.78 Billion ≈ $191.99 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 Netel Holding AB (NETEL) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr971.00 Million |
| % of Total Assets | 35.25% |
| Annual Growth Rate | 8.72% |
| 5-Year Change | 6.47% |
| 10-Year Change | N/A |
| Growth Volatility | 19.11 |
Netel Holding AB - Net Assets Trend (2018–2025)
This chart illustrates how Netel Holding AB's net assets have evolved over time, based on quarterly financial data. Also explore NETEL total assets for the complete picture of this company's asset base.
Annual Net Assets for Netel Holding AB (2018–2025)
The table below shows the annual net assets of Netel Holding AB from 2018 to 2025. For live valuation and market cap data, see market cap of Netel Holding AB.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr971.00 Million ≈ $104.50 Million |
-11.32% |
| 2024-12-31 | Skr1.09 Billion ≈ $117.84 Million |
-3.35% |
| 2023-12-31 | Skr1.13 Billion ≈ $121.93 Million |
+2.44% |
| 2022-12-31 | Skr1.11 Billion ≈ $119.02 Million |
+21.27% |
| 2021-12-31 | Skr912.00 Million ≈ $98.15 Million |
+51.18% |
| 2020-12-31 | Skr603.27 Million ≈ $64.92 Million |
+7.34% |
| 2019-12-31 | Skr562.02 Million ≈ $60.48 Million |
+3.94% |
| 2018-12-31 | Skr540.71 Million ≈ $58.19 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Netel Holding 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 44092900000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr746.00K | 0.08% |
| Other Comprehensive Income | Skr-21.16 Million | -2.18% |
| Other Components | Skr1.47 Billion | 151.69% |
| Total Equity | Skr971.00 Million | 100.00% |
Netel Holding AB Competitors by Market Cap
The table below lists competitors of Netel Holding AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Deltamac Taiwan Co Ltd
TWO:6144
|
$18.51 Million |
|
Dadi Early-Childhood Education Group Ltd
TWO:8437
|
$18.51 Million |
|
Dunelm Group PLC
LSE:DNLM
|
$18.52 Million |
|
Asiaplast Industries Tbk
JK:APLI
|
$18.52 Million |
|
ANGLER GAMING PLC EO -01
F:0QM
|
$18.51 Million |
|
Zee Learn Limited
NSE:ZEELEARN
|
$18.50 Million |
|
KB SPAC 6
KQ:208640
|
$18.49 Million |
|
ReGen III Corp
V:GIII
|
$18.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Netel Holding AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,095,000,000 to 971,000,000, a change of -124,000,000 (-11.3%).
- Net loss of 117,000,000 reduced equity.
- Other comprehensive income decreased equity by 21,165,000.
- Other factors increased equity by 14,165,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-117.00 Million | -12.05% |
| Other Comprehensive Income | Skr-21.16 Million | -2.18% |
| Other Changes | Skr14.16 Million | +1.46% |
| Total Change | Skr- | -11.32% |
Book Value vs Market Value Analysis
This analysis compares Netel Holding 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: 0.18x
- 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 0.31x to 0.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | Skr11.58 | Skr3.55 | x |
| 2019-12-31 | Skr12.03 | Skr3.55 | x |
| 2020-12-31 | Skr18.56 | Skr3.55 | x |
| 2021-12-31 | Skr25.66 | Skr3.55 | x |
| 2022-12-31 | Skr23.17 | Skr3.55 | x |
| 2023-12-31 | Skr23.37 | Skr3.55 | x |
| 2024-12-31 | Skr22.57 | Skr3.55 | x |
| 2025-12-31 | Skr20.02 | Skr3.55 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Netel Holding 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): -12.05%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -4.01%
- • Asset Turnover: 1.06x
- • Equity Multiplier: 2.84x
- Recent ROE (-12.05%) is below the historical average (2.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | -0.12% | -0.04% | 1.21x | 2.85x | Skr-54.75 Million |
| 2019 | 3.51% | 1.06% | 1.16x | 2.85x | Skr-36.46 Million |
| 2020 | 12.75% | 3.34% | 1.52x | 2.50x | Skr16.60 Million |
| 2021 | 7.24% | 2.73% | 1.13x | 2.34x | Skr-25.20 Million |
| 2022 | 11.12% | 3.92% | 1.01x | 2.82x | Skr12.40 Million |
| 2023 | 3.88% | 1.27% | 1.10x | 2.78x | Skr-69.30 Million |
| 2024 | -4.29% | -1.43% | 1.11x | 2.71x | Skr-156.50 Million |
| 2025 | -12.05% | -4.01% | 1.06x | 2.84x | Skr-214.10 Million |
Industry Comparison
This section compares Netel Holding AB's net assets metrics with peer companies in the Engineering & Construction industry.
Industry Context
- Industry: Engineering & Construction
- Average net assets among peers: $1,708,495,600
- Average return on equity (ROE) among peers: 10.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Netel Holding AB (NETEL) | Skr971.00 Million | -0.12% | 1.84x | $18.51 Million |
| Afry AB (AFRY) | $4.23 Billion | 14.31% | 0.97x | $1.31 Billion |
| Bravida Holding AB (BRAV) | $1.21 Billion | 0.00% | 3.48x | $2.10 Billion |
| Bygg Partner i Dalarna Holding AB (BYGGP) | $154.20 Million | 34.84% | 3.26x | $243.98 Million |
| Fasadgruppen Group AB (FG) | $2.04 Billion | -5.68% | 2.13x | $189.29 Million |
| Hexicon AB (HEXI) | $-285.00 Million | 0.00% | 0.00x | $7.05 Million |
| Hifab Group AB Series B (HIFA-B) | $81.67 Million | 12.56% | 1.48x | $20.03 Million |
| Hultström Group B (HULT-B) | $47.78 Million | 6.14% | 1.93x | $23.60 Million |
| Infrea AB (INFREA) | $685.60 Million | 9.19% | 0.87x | $51.79 Million |
| Instalco Intressenter AB (INSTAL) | $3.39 Billion | 17.73% | 2.16x | $1.11 Billion |
| NCC AB (publ) (NCC-A) | $5.53 Billion | 18.16% | 3.89x | $144.84 Million |
About Netel Holding AB
Netel Holding AB (publ), together with its subsidiaries, provides construction and maintenance services for communication infrastructure and power networks in Sweden, Norway, Finland, Germany, and the United Kingdom. It operates through three segments: Infraservices, Power, and Telecom. The company offers Infranet project management services for the construction and maintenance of physical teleco… Read more