Nordic Flanges Group AB (NFGAB) - Net Assets

Latest as of September 2025: Skr17.34 Million SEK ≈ $1.87 Million USD

Based on the latest financial reports, Nordic Flanges Group AB (NFGAB) has net assets worth Skr17.34 Million SEK (≈ $1.87 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 (Skr114.13 Million ≈ $12.28 Million USD) and total liabilities (Skr96.79 Million ≈ $10.42 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 asset resilience ratio of Nordic Flanges Group AB to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Skr17.34 Million
% of Total Assets	15.2%
Annual Growth Rate	-13.71%
5-Year Change	-44.15%
10-Year Change	-76.19%
Growth Volatility	20.88

Nordic Flanges Group AB - Net Assets Trend (2009–2024)

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

Annual Net Assets for Nordic Flanges Group AB (2009–2024)

The table below shows the annual net assets of Nordic Flanges Group AB from 2009 to 2024. For live valuation and market cap data, see how much is Nordic Flanges Group AB worth.

Year	Net Assets	Change
2024-12-31	Skr22.49 Million ≈ $2.42 Million	+18.53%
2023-12-31	Skr18.98 Million ≈ $2.04 Million	-50.85%
2022-12-31	Skr38.61 Million ≈ $4.16 Million	+31.11%
2021-12-31	Skr29.45 Million ≈ $3.17 Million	-26.88%
2020-12-31	Skr40.27 Million ≈ $4.33 Million	-26.05%
2019-12-31	Skr54.46 Million ≈ $5.86 Million	-22.17%
2018-12-31	Skr69.98 Million ≈ $7.53 Million	-12.15%
2017-12-31	Skr79.66 Million ≈ $8.57 Million	-17.34%
2016-12-31	Skr96.36 Million ≈ $10.37 Million	+1.99%
2015-12-31	Skr94.48 Million ≈ $10.17 Million	-4.90%
2014-12-31	Skr99.35 Million ≈ $10.69 Million	-15.15%
2013-12-31	Skr117.09 Million ≈ $12.60 Million	-15.71%
2012-12-31	Skr138.92 Million ≈ $14.95 Million	-38.53%
2011-12-31	Skr226.01 Million ≈ $24.32 Million	-2.99%
2010-12-31	Skr232.97 Million ≈ $25.07 Million	+13.38%
2009-12-31	Skr205.47 Million ≈ $22.11 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Nordic Flanges Group 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 1407.3% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Common Stock	Skr11.47 Million	51.00%
Other Comprehensive Income	Skr7.75 Million	34.46%
Other Components	Skr279.00 Million	1240.45%
Total Equity	Skr22.49 Million	100.00%

Nordic Flanges Group AB Competitors by Market Cap

The table below lists competitors of Nordic Flanges Group AB ranked by their market capitalization.

Company	Market Cap
Brilliant Future AB ST:BRILL	$5.73 Million
Fusion Fuel Green PLC NASDAQ:HTOO	$5.73 Million
Biotron Ltd AU:BIT	$5.74 Million
Vinny Overseas Limited NSE:VINNY	$5.74 Million
Accelerate Resources Ltd AU:AX8	$5.72 Million
Lenox Pasifik Investama Tbk PT JK:LPPS	$5.72 Million
GLOW LIFETECH CORP. F:9DO	$5.72 Million
Bowen Coking Coal Ltd AU:BCB	$5.72 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 18,976,000 to 22,492,000, a change of 3,516,000 (18.5%).
Net loss of 19,758,000 reduced equity.
Share repurchases of 8,484,000 reduced equity.
New share issuances of 8,484,000 increased equity.
Other comprehensive income increased equity by 2,302,000.
Other factors increased equity by 20,972,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	Skr-19.76 Million	-87.84%
Share Repurchases	Skr8.48 Million	-37.72%
Share Issuances	Skr8.48 Million	+37.72%
Other Comprehensive Income	Skr2.30 Million	+10.23%
Other Changes	Skr20.97 Million	+93.24%
Total Change	Skr-	18.53%

Book Value vs Market Value Analysis

This analysis compares Nordic Flanges Group 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: 2.37x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has increased from 0.10x to 2.37x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2009-12-31	Skr223.89	Skr23.20	x
2010-12-31	Skr295.04	Skr23.20	x
2011-12-31	Skr190.75	Skr23.20	x
2012-12-31	Skr106.10	Skr23.20	x
2013-12-31	Skr74.58	Skr23.20	x
2014-12-31	Skr63.27	Skr23.20	x
2015-12-31	Skr60.16	Skr23.20	x
2016-12-31	Skr61.35	Skr23.20	x
2017-12-31	Skr50.72	Skr23.20	x
2018-12-31	Skr44.55	Skr23.20	x
2019-12-31	Skr34.58	Skr23.20	x
2020-12-31	Skr25.57	Skr23.20	x
2021-12-31	Skr18.63	Skr23.20	x
2022-12-31	Skr15.26	Skr23.20	x
2023-12-31	Skr7.50	Skr23.20	x
2024-12-31	Skr9.80	Skr23.20	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Nordic Flanges Group 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): -87.84%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: -8.64%
• Asset Turnover: 1.79x
• Equity Multiplier: 5.69x
Recent ROE (-87.84%) is below the historical average (-32.41%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2009	-38.25%	-13.43%	0.88x	3.25x	Skr-95.70 Million
2010	-4.93%	-2.42%	0.89x	2.29x	Skr-33.77 Million
2011	-0.45%	-0.18%	1.08x	2.27x	Skr-23.36 Million
2012	-88.78%	-25.11%	1.42x	2.50x	Skr-134.58 Million
2013	-15.62%	-4.71%	1.32x	2.51x	Skr-30.01 Million
2014	-18.65%	-5.12%	1.45x	2.50x	Skr-28.47 Million
2015	-4.10%	-1.59%	1.23x	2.10x	Skr-13.32 Million
2016	0.23%	0.10%	1.17x	1.93x	Skr-9.42 Million
2017	-20.54%	-8.22%	1.24x	2.02x	Skr-24.32 Million
2018	-16.16%	-5.47%	1.24x	2.37x	Skr-18.30 Million
2019	-30.38%	-7.95%	1.46x	2.61x	Skr-21.99 Million
2020	-30.33%	-6.46%	1.69x	2.79x	Skr-16.24 Million
2021	-40.85%	-6.29%	1.46x	4.44x	Skr-14.97 Million
2022	-19.90%	-3.22%	1.65x	3.74x	Skr-11.54 Million
2023	-102.02%	-7.09%	2.11x	6.83x	Skr-21.26 Million
2024	-87.84%	-8.64%	1.79x	5.69x	Skr-22.01 Million

Industry Comparison

This section compares Nordic Flanges Group AB's net assets metrics with peer companies in the Metal Fabrication industry.

Industry Context

Industry: Metal Fabrication
Average net assets among peers: $171,737,871
Average return on equity (ROE) among peers: -97.20%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Nordic Flanges Group AB (NFGAB)	Skr17.34 Million	-38.25%	5.58x	$5.73 Million
AGES Industri AB (publ) (AGES-B)	$373.25 Million	15.83%	1.24x	$28.54 Million
Cell Impact AB (CI)	$41.38 Million	-20.74%	0.27x	$7.75 Million
Precomp Solutions AB Series B (PCOM-B)	$5.43 Million	-523.96%	17.32x	$2.28 Million
ProfilGruppen AB (publ) (PROF-B)	$324.60 Million	22.49%	1.29x	$75.96 Million
Troax Group AB (TROAX)	$114.03 Million	20.38%	1.15x	$685.25 Million

About Nordic Flanges Group AB

ST:NFGAB Sweden Metal Fabrication

Market Cap

$5.73 Million

Skr53.22 Million SEK

Market Cap Rank

#28098 Global

#627 in Sweden

Share Price

Skr23.20

Change (1 day)

-1.69%

52-Week Range

Skr6.80 - Skr29.20

All Time High

Skr29.20