Online Brands Nordic AB (OBAB) - Net Assets
Based on the latest financial reports, Online Brands Nordic AB (OBAB) has net assets worth Skr191.40 Million SEK (≈ $20.60 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr336.60 Million ≈ $36.22 Million USD) and total liabilities (Skr145.20 Million ≈ $15.63 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 tangible net worth ratio of Online Brands Nordic AB to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr191.40 Million |
| % of Total Assets | 56.86% |
| Annual Growth Rate | 14.74% |
| 5-Year Change | 52.91% |
| 10-Year Change | 7921.17% |
| Growth Volatility | 257.99 |
Online Brands Nordic AB - Net Assets Trend (2004–2025)
This chart illustrates how Online Brands Nordic AB's net assets have evolved over time, based on quarterly financial data. See Online Brands Nordic AB (OBAB) liquidity interval to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Online Brands Nordic AB (2004–2025)
The table below shows the annual net assets of Online Brands Nordic AB from 2004 to 2025. For live valuation and market cap data, see OBAB stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr197.00 Million ≈ $21.20 Million |
+12.12% |
| 2024-12-31 | Skr175.70 Million ≈ $18.91 Million |
-0.61% |
| 2023-12-31 | Skr176.78 Million ≈ $19.02 Million |
+9.94% |
| 2022-12-31 | Skr160.79 Million ≈ $17.30 Million |
+24.80% |
| 2021-12-31 | Skr128.84 Million ≈ $13.86 Million |
+1332.42% |
| 2020-12-31 | Skr-10.45 Million ≈ $-1.13 Million |
-613.96% |
| 2019-12-31 | Skr2.03 Million ≈ $218.89K |
-64.79% |
| 2018-12-31 | Skr5.78 Million ≈ $621.59K |
+241.37% |
| 2017-12-31 | Skr1.69 Million ≈ $182.09K |
-31.11% |
| 2016-12-31 | Skr2.46 Million ≈ $264.30K |
+65.83% |
| 2015-12-31 | Skr1.48 Million ≈ $159.38K |
-55.76% |
| 2014-12-31 | Skr3.35 Million ≈ $360.30K |
+830.00% |
| 2013-12-31 | Skr360.00K ≈ $38.74K |
-94.69% |
| 2012-12-31 | Skr6.78 Million ≈ $729.10K |
-51.12% |
| 2011-12-31 | Skr13.86 Million ≈ $1.49 Million |
-21.63% |
| 2010-12-31 | Skr17.69 Million ≈ $1.90 Million |
-7.77% |
| 2009-12-31 | Skr19.18 Million ≈ $2.06 Million |
-27.57% |
| 2008-12-31 | Skr26.47 Million ≈ $2.85 Million |
+7.78% |
| 2007-12-31 | Skr24.56 Million ≈ $2.64 Million |
+442.23% |
| 2006-12-31 | Skr4.53 Million ≈ $487.50K |
-59.90% |
| 2005-12-31 | Skr11.30 Million ≈ $1.22 Million |
+2.95% |
| 2004-12-31 | Skr10.97 Million ≈ $1.18 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Online Brands Nordic 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 373.7% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr129.00 Million | 65.52% |
| Other Components | Skr97.60 Million | 49.57% |
| Total Equity | Skr196.90 Million | 100.00% |
Online Brands Nordic AB Competitors by Market Cap
The table below lists competitors of Online Brands Nordic AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Finetechnix. Co.Ltd
KQ:106240
|
$31.01 Million |
|
FSBM Holdings Bhd
KLSE:9377
|
$31.01 Million |
|
Triller Group Inc.
NASDAQ:ILLR
|
$31.01 Million |
|
Future Battery Minerals Ltd
AU:FBM
|
$31.03 Million |
|
Advanced Braking Technology Ltd
AU:ABV
|
$30.97 Million |
|
Tuksu Engineering & ConstructionLtd
KQ:026150
|
$30.95 Million |
|
HICL Infrastructure Company Ltd
LSE:HICL
|
$30.95 Million |
|
Ruanyun Edai Technology Inc. Ordinary shares
NASDAQ:RYET
|
$30.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Online Brands Nordic AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 175,700,000 to 196,900,000, a change of 21,200,000 (12.1%).
- Net loss of 12,200,000 reduced equity.
- Other comprehensive income increased equity by 100,000.
- Other factors increased equity by 33,300,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-12.20 Million | -6.2% |
| Other Comprehensive Income | Skr100.00K | +0.05% |
| Other Changes | Skr33.30 Million | +16.91% |
| Total Change | Skr- | 12.07% |
Book Value vs Market Value Analysis
This analysis compares Online Brands Nordic 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: 1.46x
- 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 0.05x to 1.46x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Skr222.63 | Skr11.20 | x |
| 2009-12-31 | Skr161.25 | Skr11.20 | x |
| 2010-12-31 | Skr148.73 | Skr11.20 | x |
| 2011-12-31 | Skr116.56 | Skr11.20 | x |
| 2012-12-31 | Skr56.97 | Skr11.20 | x |
| 2013-12-31 | Skr3.03 | Skr11.20 | x |
| 2014-12-31 | Skr10.11 | Skr11.20 | x |
| 2015-12-31 | Skr3.52 | Skr11.20 | x |
| 2016-12-31 | Skr5.71 | Skr11.20 | x |
| 2017-12-31 | Skr3.99 | Skr11.20 | x |
| 2018-12-31 | Skr7.71 | Skr11.20 | x |
| 2019-12-31 | Skr2.71 | Skr11.20 | x |
| 2020-12-31 | Skr-13.95 | Skr11.20 | x |
| 2021-12-31 | Skr23.65 | Skr11.20 | x |
| 2022-12-31 | Skr7.65 | Skr11.20 | x |
| 2023-12-31 | Skr7.83 | Skr11.20 | x |
| 2024-12-31 | Skr7.69 | Skr11.20 | x |
| 2025-12-31 | Skr7.66 | Skr11.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Online Brands Nordic 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): -6.20%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.61%
- • Asset Turnover: 1.42x
- • Equity Multiplier: 1.68x
- Recent ROE (-6.20%) is above the historical average (-130.32%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -2.10% | -1.31% | 1.05x | 1.54x | Skr-3.20 Million |
| 2009 | -0.29% | -0.14% | 1.21x | 1.70x | Skr-1.97 Million |
| 2010 | -7.84% | -2.96% | 1.17x | 2.26x | Skr-3.15 Million |
| 2011 | 24.16% | 13.67% | 0.99x | 1.78x | Skr1.96 Million |
| 2012 | -45.28% | -11.66% | 1.80x | 2.16x | Skr-3.75 Million |
| 2013 | -1781.39% | -22.65% | 2.28x | 34.49x | Skr-6.45 Million |
| 2014 | -109.59% | -25.45% | 1.60x | 2.69x | Skr-4.00 Million |
| 2015 | -126.06% | -10.72% | 2.66x | 4.42x | Skr-2.02 Million |
| 2016 | -16.08% | -1.82% | 1.22x | 7.27x | Skr-640.60K |
| 2017 | -51.42% | -3.28% | 1.29x | 12.11x | Skr-1.04 Million |
| 2018 | -25.07% | -5.35% | 1.70x | 2.76x | Skr-2.03 Million |
| 2019 | -183.97% | -18.16% | 1.57x | 6.46x | Skr-3.95 Million |
| 2020 | 0.00% | -97.16% | 3.27x | 0.00x | Skr-11.44 Million |
| 2021 | 7.23% | 6.36% | 0.89x | 1.27x | Skr-3.56 Million |
| 2022 | -11.38% | -6.38% | 0.98x | 1.83x | Skr-34.38 Million |
| 2023 | -5.94% | -3.48% | 1.10x | 1.55x | Skr-28.17 Million |
| 2024 | -4.55% | -2.19% | 1.31x | 1.59x | Skr-25.57 Million |
| 2025 | -6.20% | -2.61% | 1.42x | 1.68x | Skr-31.89 Million |
Industry Comparison
This section compares Online Brands Nordic AB's net assets metrics with peer companies in the Furnishings, Fixtures & Appliances industry.
Industry Context
- Industry: Furnishings, Fixtures & Appliances
- Average net assets among peers: $7,127,134,000
- Average return on equity (ROE) among peers: 9.79%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Online Brands Nordic AB (OBAB) | Skr191.40 Million | -2.10% | 0.76x | $30.98 Million |
| AB Electrolux (publ) (ELUX-A) | $14.31 Billion | 4.69% | 4.31x | $25.39 Million |
| AB Electrolux (publ) (ELUX-B) | $16.45 Billion | -8.02% | 6.73x | $818.62 Million |
| Embellence Group AB (EMBELL) | $293.37 Million | 20.22% | 1.13x | $86.13 Million |
| Lammhults Design Group AB (publ) (LAMM-B) | $430.30 Million | 7.62% | 0.97x | $20.19 Million |
| Nobia AB (NOBI) | $4.15 Billion | 24.43% | 0.73x | $1.02 Billion |
About Online Brands Nordic AB
Online Brands Nordic AB (publ) engages in the online sale of carpets under Trendcarpet brand in Sweden and internationally. The company also sells hats and caps online under Hatshop brand; kitchen equipment and utensils through online and its stores under Kitchenlab brand; and camping and outdoor equipment under GetCamping brand name, as well as offers a range of seeds, plants, bulbs, and growing… Read more