NIBE Industrier AB (publ) (NIBE-B) - Net Assets

Latest as of December 2025: Skr30.29 Billion SEK ≈ $3.26 Billion USD

Based on the latest financial reports, NIBE Industrier AB (publ) (NIBE-B) has net assets worth Skr30.29 Billion SEK (≈ $3.26 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr65.06 Billion ≈ $7.00 Billion USD) and total liabilities (Skr34.77 Billion ≈ $3.74 Billion 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 NIBE-B goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Skr30.29 Billion
% of Total Assets	46.56%
Annual Growth Rate	19.0%
5-Year Change	39.86%
10-Year Change	149.73%
Growth Volatility	18.35

NIBE Industrier AB (publ) - Net Assets Trend (2002–2025)

This chart illustrates how NIBE Industrier AB (publ)'s net assets have evolved over time, based on quarterly financial data. See NIBE-B days of operational coverage to measure how many days the company can operate on defensive assets alone.

Annual Net Assets for NIBE Industrier AB (publ) (2002–2025)

The table below shows the annual net assets of NIBE Industrier AB (publ) from 2002 to 2025. For live valuation and market cap data, see NIBE Industrier AB (publ) stock valuation.

Year	Net Assets	Change
2025-12-31	Skr30.29 Billion ≈ $3.26 Billion	-5.76%
2024-12-31	Skr32.14 Billion ≈ $3.46 Billion	+6.40%
2023-12-31	Skr30.21 Billion ≈ $3.25 Billion	+7.99%
2022-12-31	Skr27.97 Billion ≈ $3.01 Billion	+29.16%
2021-12-31	Skr21.66 Billion ≈ $2.33 Billion	+22.10%
2020-12-31	Skr17.74 Billion ≈ $1.91 Billion	+0.76%
2019-12-31	Skr17.60 Billion ≈ $1.89 Billion	+14.16%
2018-12-31	Skr15.42 Billion ≈ $1.66 Billion	+20.41%
2017-12-31	Skr12.81 Billion ≈ $1.38 Billion	+5.59%
2016-12-31	Skr12.13 Billion ≈ $1.31 Billion	+63.29%
2015-12-31	Skr7.43 Billion ≈ $799.37 Million	+13.23%
2014-12-31	Skr6.56 Billion ≈ $705.96 Million	+17.66%
2013-12-31	Skr5.58 Billion ≈ $600.00 Million	+13.18%
2012-12-31	Skr4.93 Billion ≈ $530.12 Million	+9.78%
2011-12-31	Skr4.49 Billion ≈ $482.89 Million	+80.74%
2010-12-31	Skr2.48 Billion ≈ $267.18 Million	+13.37%
2009-12-31	Skr2.19 Billion ≈ $235.68 Million	+15.95%
2008-12-31	Skr1.89 Billion ≈ $203.25 Million	+22.03%
2007-12-31	Skr1.55 Billion ≈ $166.56 Million	+20.58%
2006-12-31	Skr1.28 Billion ≈ $138.13 Million	+24.49%
2005-12-31	Skr1.03 Billion ≈ $110.95 Million	+18.71%
2004-12-31	Skr868.50 Million ≈ $93.46 Million	+33.80%
2003-12-31	Skr649.10 Million ≈ $69.85 Million	+17.08%
2002-12-31	Skr554.40 Million ≈ $59.66 Million	--

Equity Component Analysis

This analysis shows how different components contribute to NIBE Industrier AB (publ)'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 22822.4% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	Skr24.23 Billion	80.10%
Common Stock	Skr79.00 Million	0.26%
Other Components	Skr5.94 Billion	19.64%
Total Equity	Skr30.25 Billion	100.00%

NIBE Industrier AB (publ) Competitors by Market Cap

The table below lists competitors of NIBE Industrier AB (publ) ranked by their market capitalization.

Company	Market Cap
Prosperity Bancshares Inc NYSE:PB	$6.90 Billion
NOV Inc. NYSE:NOV	$6.91 Billion
Pilgrims Pride Corp NASDAQ:PPC	$6.91 Billion
First American Corporation NYSE:FAF	$6.91 Billion
The Mosaic Company NYSE:MOS	$6.89 Billion
Castech Inc SHE:002222	$6.89 Billion
FormFactor Inc NASDAQ:FORM	$6.89 Billion
Reece Ltd AU:REH	$6.89 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in NIBE Industrier AB (publ)'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 32,093,000,000 to 30,248,000,000, a change of -1,845,000,000 (-5.7%).
Net income of 2,277,000,000 contributed positively to equity growth.
Dividend payments of 606,000,000 reduced retained earnings.
Other comprehensive income decreased equity by 4,687,000,000.
Other factors increased equity by 1,171,000,000.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Skr2.28 Billion	+7.53%
Dividends Paid	Skr606.00 Million	-2.0%
Other Comprehensive Income	Skr-4.69 Billion	-15.5%
Other Changes	Skr1.17 Billion	+3.87%
Total Change	Skr-	-5.75%

Book Value vs Market Value Analysis

This analysis compares NIBE Industrier AB (publ)'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: 2.40x
The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
The price-to-book ratio has decreased from 102.46x to 2.40x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2002-12-31	Skr0.35	Skr35.97	x
2003-12-31	Skr0.41	Skr35.97	x
2004-12-31	Skr0.55	Skr35.97	x
2005-12-31	Skr0.65	Skr35.97	x
2006-12-31	Skr0.81	Skr35.97	x
2007-12-31	Skr0.98	Skr35.97	x
2008-12-31	Skr1.19	Skr35.97	x
2009-12-31	Skr1.39	Skr35.97	x
2010-12-31	Skr1.57	Skr35.97	x
2011-12-31	Skr2.66	Skr35.97	x
2012-12-31	Skr2.66	Skr35.97	x
2013-12-31	Skr3.01	Skr35.97	x
2014-12-31	Skr3.55	Skr35.97	x
2015-12-31	Skr4.02	Skr35.97	x
2016-12-31	Skr6.46	Skr35.97	x
2017-12-31	Skr6.35	Skr35.97	x
2018-12-31	Skr7.64	Skr35.97	x
2019-12-31	Skr8.68	Skr35.97	x
2020-12-31	Skr8.72	Skr35.97	x
2021-12-31	Skr10.63	Skr35.97	x
2022-12-31	Skr13.86	Skr35.97	x
2023-12-31	Skr14.96	Skr35.97	x
2024-12-31	Skr15.92	Skr35.97	x
2025-12-31	Skr15.00	Skr35.97	x

Capital Efficiency Dashboard

This dashboard shows how efficiently NIBE Industrier AB (publ) 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): 7.53%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 5.58%
• Asset Turnover: 0.63x
• Equity Multiplier: 2.15x
Recent ROE (7.53%) is below the historical average (16.45%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2002	19.11%	5.44%	1.47x	2.39x	Skr50.38 Million
2003	22.32%	5.89%	1.31x	2.89x	Skr79.71 Million
2004	29.51%	8.08%	1.28x	2.86x	Skr168.78 Million
2005	17.74%	4.77%	1.22x	3.05x	Skr79.42 Million
2006	27.33%	7.08%	1.27x	3.04x	Skr222.45 Million
2007	20.33%	5.83%	1.19x	2.92x	Skr159.93 Million
2008	19.99%	6.47%	1.13x	2.74x	Skr187.93 Million
2009	18.88%	7.17%	1.20x	2.20x	Skr193.82 Million
2010	16.66%	7.17%	1.12x	2.08x	Skr164.70 Million
2011	15.41%	8.50%	0.69x	2.62x	Skr242.78 Million
2012	15.54%	8.33%	0.79x	2.35x	Skr273.10 Million
2013	15.39%	8.73%	0.76x	2.33x	Skr300.46 Million
2014	14.97%	8.90%	0.61x	2.76x	Skr326.00 Million
2015	16.65%	9.34%	0.71x	2.50x	Skr494.20 Million
2016	11.34%	8.97%	0.59x	2.15x	Skr163.10 Million
2017	13.30%	8.96%	0.68x	2.19x	Skr422.30 Million
2018	13.46%	9.21%	0.70x	2.10x	Skr533.40 Million
2019	12.39%	8.56%	0.68x	2.13x	Skr419.10 Million
2020	16.30%	10.56%	0.71x	2.18x	Skr1.11 Billion
2021	15.49%	10.77%	0.71x	2.02x	Skr1.18 Billion
2022	15.58%	10.86%	0.74x	1.93x	Skr1.56 Billion
2023	15.87%	10.26%	0.68x	2.26x	Skr1.77 Billion
2024	3.66%	2.89%	0.58x	2.19x	Skr-2.04 Billion
2025	7.53%	5.58%	0.63x	2.15x	Skr-747.80 Million

Industry Comparison

This section compares NIBE Industrier AB (publ)'s net assets metrics with peer companies in the Building Products & Equipment industry.

Industry Context

Industry: Building Products & Equipment
Average net assets among peers: $843,153,003
Average return on equity (ROE) among peers: 4.53%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
NIBE Industrier AB (publ) (NIBE-B)	Skr30.29 Billion	19.11%	1.15x	$6.90 Billion
ABAS Protect AB (ABAS)	$40.97 Million	1.79%	0.94x	$5.66 Million
Concejo AB (publ) (CNCJO-B)	$300.00 Million	3.63%	1.49x	$56.55 Million
Ecoclime Group AB Series B (ECC-B)	$27.71 Million	0.10%	0.09x	$662.27K
ES Energy Save Holding AB (ESGR-B)	$191.68 Million	-13.27%	0.50x	$11.27 Million
Firefly AB (publ) (FIRE)	$175.33 Million	31.28%	0.73x	$103.98 Million
FM Mattsson Mora Group AB (publ) (FMM-B)	$1.06 Billion	9.60%	0.72x	$302.65 Million
Inwido AB (INWI)	$2.79 Billion	6.48%	0.82x	$910.86 Million
Lindab International AB (LIAB)	$3.00 Billion	1.13%	1.48x	$1.13 Billion
PolyPlank publ AB (POLY)	$-5.63 Million	0.00%	0.00x	$2.48 Million

About NIBE Industrier AB (publ)

ST:NIBE-B Sweden Building Products & Equipment

Market Cap

$6.90 Billion

Skr64.13 Billion SEK

Market Cap Rank

#2946 Global

#43 in Sweden

Share Price

Skr35.97

Change (1 day)

-1.13%

52-Week Range

Skr31.88 - Skr46.47

All Time High

Skr133.86