Ratos AB (publ) (RATO-A) - Net Assets

Latest as of December 2025: Skr15.44 Billion SEK ≈ $1.66 Billion USD

Based on the latest financial reports, Ratos AB (publ) (RATO-A) has net assets worth Skr15.44 Billion SEK (≈ $1.66 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 (Skr27.89 Billion ≈ $3.00 Billion USD) and total liabilities (Skr12.45 Billion ≈ $1.34 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 RATO-A financial resilience to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Skr15.44 Billion
% of Total Assets 55.35%
Annual Growth Rate 2.88%
5-Year Change 15.82%
10-Year Change 16.17%
Growth Volatility 11.95

Ratos AB (publ) - Net Assets Trend (2002–2025)

This chart illustrates how Ratos AB (publ)'s net assets have evolved over time, based on quarterly financial data. Also explore RATO-A total assets for the complete picture of this company's asset base.

Annual Net Assets for Ratos AB (publ) (2002–2025)

The table below shows the annual net assets of Ratos AB (publ) from 2002 to 2025. For live valuation and market cap data, see Ratos AB (publ) (RATO-A) market capitalisation.

Year Net Assets Change
2025-12-31 Skr15.44 Billion
≈ $1.66 Billion		 +4.63%
2024-12-31 Skr14.75 Billion
≈ $1.59 Billion		 +2.08%
2023-12-31 Skr14.45 Billion
≈ $1.56 Billion		 +4.81%
2022-12-31 Skr13.79 Billion
≈ $1.48 Billion		 +3.46%
2021-12-31 Skr13.33 Billion
≈ $1.43 Billion		 +18.14%
2020-12-31 Skr11.28 Billion
≈ $1.21 Billion		 +0.56%
2019-12-31 Skr11.22 Billion
≈ $1.21 Billion		 +5.53%
2018-12-31 Skr10.63 Billion
≈ $1.14 Billion		 -7.93%
2017-12-31 Skr11.55 Billion
≈ $1.24 Billion		 -13.10%
2016-12-31 Skr13.29 Billion
≈ $1.43 Billion		 -13.17%
2015-12-31 Skr15.30 Billion
≈ $1.65 Billion		 -10.04%
2014-12-31 Skr17.01 Billion
≈ $1.83 Billion		 +5.43%
2013-12-31 Skr16.13 Billion
≈ $1.74 Billion		 +22.77%
2012-12-31 Skr13.14 Billion
≈ $1.41 Billion		 -10.33%
2011-12-31 Skr14.65 Billion
≈ $1.58 Billion		 -10.99%
2010-12-31 Skr16.46 Billion
≈ $1.77 Billion		 -2.01%
2009-12-31 Skr16.80 Billion
≈ $1.81 Billion		 -2.82%
2008-12-31 Skr17.29 Billion
≈ $1.86 Billion		 +24.66%
2007-12-31 Skr13.87 Billion
≈ $1.49 Billion		 +17.40%
2006-12-31 Skr11.81 Billion
≈ $1.27 Billion		 +2.25%
2005-12-31 Skr11.55 Billion
≈ $1.24 Billion		 +23.44%
2004-12-31 Skr9.36 Billion
≈ $1.01 Billion		 +19.59%
2003-12-31 Skr7.83 Billion
≈ $842.31 Million		 -2.61%
2002-12-31 Skr8.04 Billion
≈ $864.91 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to Ratos 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 1245100000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings Skr12.45 Billion 93.56%
Other Components Skr857.00 Million 6.44%
Total Equity Skr13.31 Billion 100.00%

Ratos AB (publ) Competitors by Market Cap

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

Company Market Cap
Rxsight Inc
NASDAQ:RXST
 $304.26 Million
Scpharmaceuticals Inc
NASDAQ:SCPH
 $304.36 Million
Rimini Street Inc
NASDAQ:RMNI
 $304.38 Million
Kogeneracja SA
WAR:KGN
 $304.68 Million
TYC Brother Industrial Co Ltd
TW:1522
 $304.19 Million
Mobiltel Iletisim Hizmetleri Sanayi ve Ticaret AS
IS:MOBTL
 $304.18 Million
Cloud Live Technology Group Co Ltd
SHE:002306
 $304.18 Million
MPS Limited
NSE:MPSLTD
 $304.15 Million

Equity Growth Attribution

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

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 12,270,000,000 to 13,308,000,000, a change of 1,038,000,000 (8.5%).
  • Net loss of 683,000,000 reduced equity.
  • Dividend payments of 442,000,000 reduced retained earnings.
  • Share repurchases of 128,000,000 reduced equity.
  • Other comprehensive income increased equity by 70,000,000.
  • Other factors increased equity by 2,349,000,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Skr-683.00 Million -5.13%
Dividends Paid Skr442.00 Million -3.32%
Share Repurchases Skr128.00 Million -0.96%
Other Comprehensive Income Skr70.00 Million +0.53%
Other Changes Skr2.35 Billion +17.65%
Total Change Skr- 8.46%

Book Value vs Market Value Analysis

This analysis compares Ratos 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: 0.82x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
  • The price-to-book ratio has decreased from 1.33x to 0.82x 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 Skr25.09 Skr33.40 x
2003-12-31 Skr24.49 Skr33.40 x
2004-12-31 Skr29.47 Skr33.40 x
2005-12-31 Skr34.00 Skr33.40 x
2006-12-31 Skr33.15 Skr33.40 x
2007-12-31 Skr37.26 Skr33.40 x
2008-12-31 Skr49.78 Skr33.40 x
2009-12-31 Skr48.37 Skr33.40 x
2010-12-31 Skr47.34 Skr33.40 x
2011-12-31 Skr42.81 Skr33.40 x
2012-12-31 Skr38.72 Skr33.40 x
2013-12-31 Skr43.12 Skr33.40 x
2014-12-31 Skr43.97 Skr33.40 x
2015-12-31 Skr40.38 Skr33.40 x
2016-12-31 Skr35.37 Skr33.40 x
2017-12-31 Skr30.28 Skr33.40 x
2018-12-31 Skr27.24 Skr33.40 x
2019-12-31 Skr29.04 Skr33.40 x
2020-12-31 Skr29.17 Skr33.40 x
2021-12-31 Skr36.59 Skr33.40 x
2022-12-31 Skr37.65 Skr33.40 x
2023-12-31 Skr37.34 Skr33.40 x
2024-12-31 Skr37.50 Skr33.40 x
2025-12-31 Skr40.65 Skr33.40 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Ratos 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): -5.13%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -3.63%
  • • Asset Turnover: 0.68x
  • • Equity Multiplier: 2.10x
  • Recent ROE (-5.13%) is below the historical average (9.27%), 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 4.58% 57.26% 0.07x 1.11x Skr-428.90 Million
2003 7.85% 74.63% 0.09x 1.12x Skr-166.00 Million
2004 22.64% 54.07% 0.32x 1.31x Skr1.18 Billion
2005 19.28% 24.01% 0.40x 2.02x Skr1.02 Billion
2006 23.24% 15.64% 0.60x 2.46x Skr1.44 Billion
2007 22.23% 12.49% 0.58x 3.09x Skr1.46 Billion
2008 33.42% 19.71% 0.63x 2.70x Skr3.71 Billion
2009 6.10% 3.54% 0.65x 2.67x Skr-596.20 Million
2010 15.99% 8.63% 0.69x 2.70x Skr903.90 Million
2011 3.81% 1.76% 0.74x 2.92x Skr-844.80 Million
2012 4.91% 2.24% 0.81x 2.72x Skr-629.30 Million
2013 5.39% 2.84% 0.67x 2.85x Skr-633.60 Million
2014 7.91% 3.95% 0.77x 2.62x Skr-293.70 Million
2015 3.85% 2.03% 0.75x 2.53x Skr-792.20 Million
2016 -4.43% -1.98% 0.85x 2.64x Skr-1.63 Billion
2017 2.77% 1.16% 0.91x 2.62x Skr-698.00 Million
2018 -5.15% -1.94% 0.93x 2.85x Skr-1.32 Billion
2019 7.24% 3.16% 0.72x 3.16x Skr-256.80 Million
2020 7.40% 3.31% 0.73x 3.06x Skr-243.60 Million
2021 22.09% 11.69% 0.79x 2.38x Skr1.44 Billion
2022 4.46% 1.83% 0.80x 3.03x Skr-680.90 Million
2023 9.89% 3.61% 0.93x 2.93x Skr-13.40 Million
2024 2.03% 0.78% 0.93x 2.81x Skr-978.00 Million
2025 -5.13% -3.63% 0.68x 2.10x Skr-2.01 Billion

Industry Comparison

This section compares Ratos AB (publ)'s net assets metrics with peer companies in the Engineering & Construction industry.

Industry Context

  • Industry: Engineering & Construction
  • Average net assets among peers: $1,708,495,600
  • Average return on equity (ROE) among peers: 10.73%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Ratos AB (publ) (RATO-A) Skr15.44 Billion 4.58% 0.81x $304.22 Million
Afry AB (AFRY) $4.23 Billion 14.31% 0.97x $1.31 Billion
Bravida Holding AB (BRAV) $1.21 Billion 0.00% 3.48x $2.10 Billion
Bygg Partner i Dalarna Holding AB (BYGGP) $154.20 Million 34.84% 3.26x $243.98 Million
Fasadgruppen Group AB (FG) $2.04 Billion -5.68% 2.13x $189.29 Million
Hexicon AB (HEXI) $-285.00 Million 0.00% 0.00x $7.05 Million
Hifab Group AB Series B (HIFA-B) $81.67 Million 12.56% 1.48x $20.03 Million
Hultström Group B (HULT-B) $47.78 Million 6.14% 1.93x $23.60 Million
Infrea AB (INFREA) $685.60 Million 9.19% 0.87x $51.79 Million
Instalco Intressenter AB (INSTAL) $3.39 Billion 17.73% 2.16x $1.11 Billion
NCC AB (publ) (NCC-A) $5.53 Billion 18.16% 3.89x $144.84 Million

About Ratos AB (publ)

ST:RATO-A Sweden Engineering & Construction
Market Cap
$304.22 Million
Skr2.83 Billion SEK
Market Cap Rank
#14897 Global
#233 in Sweden
Share Price
Skr33.40
Change (1 day)
+2.77%
52-Week Range
Skr31.70 - Skr42.70
All Time High
Skr77.90
Categories
Companies in Sweden Engineering & Construction
About

Ratos AB (publ) is a private equity firm specializing in buyouts, turnarounds, add on acquisitions, and middle market transactions. The firm does not invest in early stages and in companies that operate in the arms industry, pornography, or are detrimental to the environment. It seeks to invest in unlisted medium sized companies. The firm invests in industry and technology (including aftermarket … Read more