Norditek Group AB
Norditek Group AB (publ) develops, sells, leases, or rents out crushers, sorting plants, and self-developed machines to recycle and convert materials in Sweden into salable products in Sweden. The company recycles industrial waste, wood waste, and gravel and rocks. It offers flip flow sieves, sorting plant, wind visibility, water bath, magnets, air suction, crushers, laundry equipment, semi-stati… Read more
Norditek Group AB (NOTEK) - Net Assets
Latest net assets as of November 2025: Skr101.59 Million SEK
Based on the latest financial reports, Norditek Group AB (NOTEK) has net assets worth Skr101.59 Million SEK as of November 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr198.60 Million) and total liabilities (Skr97.02 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 | Skr101.59 Million |
| % of Total Assets | 51.15% |
| Annual Growth Rate | 25.86% |
| 5-Year Change | 182.89% |
| 10-Year Change | N/A |
| Growth Volatility | 32.62 |
Norditek Group AB - Net Assets Trend (2020–2025)
This chart illustrates how Norditek Group AB's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Norditek Group AB (2020–2025)
The table below shows the annual net assets of Norditek Group AB from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | Skr97.92 Million | +36.12% |
| 2024-08-31 | Skr71.94 Million | +1.05% |
| 2023-08-31 | Skr71.19 Million | +8.09% |
| 2022-08-31 | Skr65.86 Million | +90.25% |
| 2021-08-31 | Skr34.62 Million | +11.63% |
| 2020-08-31 | Skr31.01 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Norditek 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 grown by 165.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr82.23 Million | 83.98% |
| Common Stock | Skr1.37 Million | 1.40% |
| Other Components | Skr14.32 Million | 14.62% |
| Total Equity | Skr97.92 Million | 100.00% |
Norditek Group AB Competitors by Market Cap
The table below lists competitors of Norditek Group AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Polwax SA
WAR:PWX
|
$4.11 Million |
|
THERMO FISHER SCIEN - Dusseldorf Stock Exchang
DU:TN8
|
$4.11 Million |
|
J2 Metals Inc.
V:JTWO
|
$4.11 Million |
|
SSR Inc
KQ:275630
|
$4.11 Million |
|
Tertiary Minerals plc
PINK:TTIRF
|
$4.11 Million |
|
Reach Resources Ltd
AU:RR1
|
$4.11 Million |
|
Nxu Inc.
NYSE:NXU
|
$4.11 Million |
|
Synergy House Berhad
KLSE:0279
|
$4.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Norditek Group AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 71,937,000 to 97,922,000, a change of 25,985,000 (36.1%).
- Net income of 11,441,000 contributed positively to equity growth.
- Other factors increased equity by 14,544,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr11.44 Million | +11.68% |
| Other Changes | Skr14.54 Million | +14.85% |
| Total Change | Skr- | 36.12% |
Book Value vs Market Value Analysis
This analysis compares Norditek 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: 1.83x
- 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 5.32x to 1.83x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-08-31 | Skr2.45 | Skr13.05 | x |
| 2021-08-31 | Skr2.74 | Skr13.05 | x |
| 2022-08-31 | Skr5.39 | Skr13.05 | x |
| 2023-08-31 | Skr5.63 | Skr13.05 | x |
| 2024-08-31 | Skr5.69 | Skr13.05 | x |
| 2025-08-31 | Skr7.13 | Skr13.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Norditek 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): 11.68%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.64%
- • Asset Turnover: 0.60x
- • Equity Multiplier: 1.83x
- Recent ROE (11.68%) is below the historical average (12.11%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 23.49% | 13.67% | 1.04x | 1.65x | Skr4.18 Million |
| 2021 | 19.57% | 9.60% | 0.72x | 2.84x | Skr3.31 Million |
| 2022 | 10.18% | 9.36% | 0.51x | 2.13x | Skr119.40K |
| 2023 | 6.75% | 5.24% | 0.65x | 1.99x | Skr-2.31 Million |
| 2024 | 0.97% | 0.89% | 0.55x | 1.99x | Skr-6.50 Million |
| 2025 | 11.68% | 10.64% | 0.60x | 1.83x | Skr1.65 Million |
Industry Comparison
This section compares Norditek Group AB's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $133,937,653
- Average return on equity (ROE) among peers: -36.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Norditek Group AB (NOTEK) | Skr101.59 Million | 23.49% | 0.95x | $4.11 Million |
| Axolot Solutions Holding AB (AXOLOT) | $3.18 Million | -118.50% | 0.14x | $7.52 Million |
| CirChem AB (CIRCHE) | $44.52 Million | -22.55% | 0.28x | $4.20 Million |
| Kollect on Demand Holding Ab (KOLL) | $-278.19K | 0.00% | 0.00x | $83.16K |
| Scandinavian Enviro Systems AB (SES) | $333.79 Million | -27.66% | 0.14x | $9.34 Million |
| Studsvik AB (SVIK) | $288.47 Million | -15.60% | 1.86x | $42.93 Million |