Online Brands Nordic AB (OBAB) - Net Assets
Based on the latest financial reports, Online Brands Nordic AB (OBAB) has net assets worth Skr196.90 Million SEK (≈ $21.19 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 (Skr353.70 Million ≈ $38.06 Million USD) and total liabilities (Skr156.80 Million ≈ $16.87 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 Online Brands Nordic AB asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr196.90 Million |
| % of Total Assets | 55.67% |
| Annual Growth Rate | 14.87% |
| 5-Year Change | N/A |
| 10-Year Change | 11763.61% |
| Growth Volatility | 264.66 |
Online Brands Nordic AB - Net Assets Trend (2004–2024)
This chart illustrates how Online Brands Nordic AB's net assets have evolved over time, based on quarterly financial data. Also explore OBAB asset base for the complete picture of this company's asset base.
Annual Net Assets for Online Brands Nordic AB (2004–2024)
The table below shows the annual net assets of Online Brands Nordic AB from 2004 to 2024. For live valuation and market cap data, see OBAB stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 258.5% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr116.20 Million | 66.14% |
| Other Comprehensive Income | Skr-100.00K | -0.06% |
| Other Components | Skr76.80 Million | 43.71% |
| Total Equity | Skr175.70 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 |
|---|---|
|
Sprintex Ltd
AU:SIX
|
$35.27 Million |
|
MDX Public Company Limited
BK:MDX
|
$35.28 Million |
|
Anli International Co Ltd
TWO:5223
|
$35.30 Million |
|
Fortune Indonesia Tbk
JK:FORU
|
$35.30 Million |
|
DK&D Co.Ltd
KQ:263020
|
$35.27 Million |
|
Dcon Products Public Company Limited
BK:DCON
|
$35.26 Million |
|
PetVivo Holdings Inc
NASDAQ:PETV
|
$35.24 Million |
|
Pacgold Ltd
AU:PGO
|
$35.23 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 2023 to 2024, total equity changed from 176,778,000 to 175,700,000, a change of -1,078,000 (-0.6%).
- Net loss of 8,000,000 reduced equity.
- Other comprehensive income decreased equity by 100,000.
- Other factors increased equity by 7,022,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-8.00 Million | -4.55% |
| Other Comprehensive Income | Skr-100.00K | -0.06% |
| Other Changes | Skr7.02 Million | +4.0% |
| Total Change | Skr- | -0.61% |
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: 1.66x
- 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 0.06x to 1.66x 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 | Skr12.75 | x |
| 2009-12-31 | Skr161.25 | Skr12.75 | x |
| 2010-12-31 | Skr148.73 | Skr12.75 | x |
| 2011-12-31 | Skr116.56 | Skr12.75 | x |
| 2012-12-31 | Skr56.97 | Skr12.75 | x |
| 2013-12-31 | Skr3.03 | Skr12.75 | x |
| 2014-12-31 | Skr10.11 | Skr12.75 | x |
| 2015-12-31 | Skr3.52 | Skr12.75 | x |
| 2016-12-31 | Skr5.71 | Skr12.75 | x |
| 2017-12-31 | Skr3.99 | Skr12.75 | x |
| 2018-12-31 | Skr7.71 | Skr12.75 | x |
| 2019-12-31 | Skr2.71 | Skr12.75 | x |
| 2020-12-31 | Skr-13.95 | Skr12.75 | x |
| 2021-12-31 | Skr23.65 | Skr12.75 | x |
| 2022-12-31 | Skr7.65 | Skr12.75 | x |
| 2023-12-31 | Skr7.83 | Skr12.75 | x |
| 2024-12-31 | Skr7.69 | Skr12.75 | 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): -4.55%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -2.19%
- • Asset Turnover: 1.31x
- • Equity Multiplier: 1.59x
- Recent ROE (-4.55%) is above the historical average (-137.62%), 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 |
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: $7,080,342,400
- Average return on equity (ROE) among peers: 6.71%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Online Brands Nordic AB (OBAB) | Skr196.90 Million | -2.10% | 0.80x | $35.27 Million |
| AB Electrolux (publ) (ELUX-A) | $22.57 Billion | 8.06% | 3.73x | $47.16 Million |
| AB Electrolux (publ) (ELUX-B) | $8.71 Billion | 10.08% | 12.17x | $1.44 Billion |
| Embellence Group AB (EMBELL) | $385.91 Million | 11.46% | 0.71x | $88.41 Million |
| Lammhults Design Group AB (publ) (LAMM-B) | $539.80 Million | 4.82% | 0.71x | $18.74 Million |
| Nobia AB (NOBI) | $3.20 Billion | -0.88% | 1.46x | $124.86 Million |
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