Nordnet AB
Nordnet AB (publ), together with its subsidiaries, operates a digital platform for savings and investments in Sweden, Norway, Denmark, and Finland. Its platform allows customers to invest in stocks, mutual funds, and other securities through website, app, or other applications; offers margin lending and residential mortgages; and pension savings and occupational pension solutions to employers and… Read more
Nordnet AB (SAVE) - Net Assets
Latest net assets as of December 2025: Skr7.48 Billion SEK
Based on the latest financial reports, Nordnet AB (SAVE) has net assets worth Skr7.48 Billion SEK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr309.41 Billion) and total liabilities (Skr301.93 Billion). 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 | Skr7.48 Billion |
| % of Total Assets | 2.42% |
| Annual Growth Rate | 15.83% |
| 5-Year Change | 24.87% |
| 10-Year Change | 277.99% |
| Growth Volatility | 17.2 |
Nordnet AB - Net Assets Trend (2004–2025)
This chart illustrates how Nordnet 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 Nordnet AB (2004–2025)
The table below shows the annual net assets of Nordnet AB from 2004 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr7.48 Billion | -5.74% |
| 2024-12-31 | Skr7.94 Billion | +3.03% |
| 2023-12-31 | Skr7.70 Billion | +27.31% |
| 2022-12-31 | Skr6.05 Billion | +1.00% |
| 2021-12-31 | Skr5.99 Billion | +42.22% |
| 2020-12-31 | Skr4.21 Billion | +37.74% |
| 2019-12-31 | Skr3.06 Billion | +53.79% |
| 2018-12-31 | Skr1.99 Billion | -1.80% |
| 2017-12-31 | Skr2.02 Billion | +2.31% |
| 2016-12-31 | Skr1.98 Billion | +5.60% |
| 2015-12-31 | Skr1.87 Billion | +7.02% |
| 2014-12-31 | Skr1.75 Billion | +7.74% |
| 2013-12-31 | Skr1.63 Billion | +7.36% |
| 2012-12-31 | Skr1.51 Billion | +5.93% |
| 2011-12-31 | Skr1.43 Billion | +15.16% |
| 2010-12-31 | Skr1.24 Billion | +19.75% |
| 2009-12-31 | Skr1.04 Billion | +21.68% |
| 2008-12-31 | Skr851.76 Million | +4.87% |
| 2007-12-31 | Skr812.24 Million | +17.48% |
| 2006-12-31 | Skr691.41 Million | +34.40% |
| 2005-12-31 | Skr514.43 Million | +50.65% |
| 2004-12-31 | Skr341.47 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nordnet 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 10145400000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr1.00 Million | 0.01% |
| Other Components | Skr7.51 Billion | 100.39% |
| Total Equity | Skr7.48 Billion | 100.00% |
Nordnet AB Competitors by Market Cap
The table below lists competitors of Nordnet AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
AAR Corp
NYSE:AIR
|
$4.16 Billion |
|
37 Interactive Entertainment Network Technology Group Co Ltd
SHE:002555
|
$4.16 Billion |
|
Sailun Jinyu Group Co Ltd
SHG:601058
|
$4.16 Billion |
|
Seiko Epson Corporation
PINK:SEKEF
|
$4.16 Billion |
|
TTVSY
PINK:TTVSY
|
$4.15 Billion |
|
Broadex Technologies Co Ltd
SHE:300548
|
$4.15 Billion |
|
Hua Hong Semiconductor Limited
PINK:HHUSF
|
$4.15 Billion |
|
PriceSmart Inc
NASDAQ:PSMT
|
$4.15 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nordnet AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 7,935,700,000 to 7,479,000,000, a change of -456,700,000 (-5.8%).
- Net income of 2,955,000,000 contributed positively to equity growth.
- Share repurchases of 604,000,000 reduced equity.
- Other comprehensive income increased equity by 105,900,000.
- Other factors decreased equity by 2,913,600,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr2.96 Billion | +39.51% |
| Share Repurchases | Skr604.00 Million | -8.08% |
| Other Comprehensive Income | Skr105.90 Million | +1.42% |
| Other Changes | Skr-2.91 Billion | -38.96% |
| Total Change | Skr- | -5.76% |
Book Value vs Market Value Analysis
This analysis compares Nordnet 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: 10.07x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 139.42x to 10.07x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | Skr2.16 | Skr301.20 | x |
| 2005-12-31 | Skr3.06 | Skr301.20 | x |
| 2006-12-31 | Skr4.06 | Skr301.20 | x |
| 2007-12-31 | Skr4.78 | Skr301.20 | x |
| 2008-12-31 | Skr5.03 | Skr301.20 | x |
| 2009-12-31 | Skr6.14 | Skr301.20 | x |
| 2010-12-31 | Skr7.24 | Skr301.20 | x |
| 2011-12-31 | Skr8.17 | Skr301.20 | x |
| 2012-12-31 | Skr8.65 | Skr301.20 | x |
| 2013-12-31 | Skr9.26 | Skr301.20 | x |
| 2014-12-31 | Skr9.98 | Skr301.20 | x |
| 2015-12-31 | Skr10.72 | Skr301.20 | x |
| 2016-12-31 | Skr11.39 | Skr301.20 | x |
| 2017-12-31 | Skr8.10 | Skr301.20 | x |
| 2018-12-31 | Skr7.95 | Skr301.20 | x |
| 2019-12-31 | Skr12.23 | Skr301.20 | x |
| 2020-12-31 | Skr16.85 | Skr301.20 | x |
| 2021-12-31 | Skr23.85 | Skr301.20 | x |
| 2022-12-31 | Skr24.14 | Skr301.20 | x |
| 2023-12-31 | Skr30.82 | Skr301.20 | x |
| 2024-12-31 | Skr31.54 | Skr301.20 | x |
| 2025-12-31 | Skr29.91 | Skr301.20 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nordnet 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): 39.51%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 44.98%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 41.37x
- Recent ROE (39.51%) is above the historical average (21.69%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 24.58% | 22.20% | 0.14x | 8.15x | Skr49.80 Million |
| 2005 | 28.32% | 33.56% | 0.07x | 11.42x | Skr94.25 Million |
| 2006 | 29.90% | 28.37% | 0.07x | 14.58x | Skr137.58 Million |
| 2007 | 24.17% | 24.99% | 0.05x | 18.04x | Skr115.08 Million |
| 2008 | 16.21% | 19.65% | 0.05x | 15.12x | Skr52.88 Million |
| 2009 | 19.62% | 22.08% | 0.04x | 22.92x | Skr99.71 Million |
| 2010 | 16.49% | 18.25% | 0.04x | 23.20x | Skr80.52 Million |
| 2011 | 18.90% | 24.92% | 0.04x | 20.33x | Skr127.22 Million |
| 2012 | 12.48% | 20.13% | 0.03x | 20.73x | Skr37.53 Million |
| 2013 | 14.48% | 22.59% | 0.03x | 24.49x | Skr72.62 Million |
| 2014 | 15.91% | 24.47% | 0.02x | 28.18x | Skr103.27 Million |
| 2015 | 19.15% | 27.93% | 0.02x | 32.20x | Skr171.13 Million |
| 2016 | 15.01% | 24.21% | 0.02x | 35.60x | Skr99.16 Million |
| 2017 | 8.26% | 13.12% | 0.02x | 39.68x | Skr-35.13 Million |
| 2018 | 5.94% | 8.40% | 0.02x | 46.33x | Skr-80.77 Million |
| 2019 | 11.10% | 20.25% | 0.01x | 37.81x | Skr33.72 Million |
| 2020 | 27.84% | 41.48% | 0.02x | 39.89x | Skr751.56 Million |
| 2021 | 33.13% | 53.05% | 0.02x | 38.82x | Skr1.39 Billion |
| 2022 | 27.31% | 44.13% | 0.02x | 34.20x | Skr1.05 Billion |
| 2023 | 33.48% | 49.67% | 0.02x | 28.85x | Skr1.81 Billion |
| 2024 | 35.45% | 47.05% | 0.02x | 34.43x | Skr2.02 Billion |
| 2025 | 39.51% | 44.98% | 0.02x | 41.37x | Skr2.21 Billion |
Industry Comparison
This section compares Nordnet AB's net assets metrics with peer companies in the Capital Markets industry.
Industry Context
- Industry: Capital Markets
- Average net assets among peers: $102,644,149
- Average return on equity (ROE) among peers: -0.75%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nordnet AB (SAVE) | Skr7.48 Billion | 24.58% | 40.37x | $4.15 Billion |
| Arcario AB (ARCA) | $-19.15 Million | 0.00% | 0.00x | $29.05 Million |
| B Treasury Capital AB (BTC-B) | $138.79 Million | 0.00% | 0.02x | $98.95K |
| Havsfrun Investment AB (publ) (HAV-B) | $274.35 Million | -1.37% | 3.47x | $1.98 Million |
| K33 AB (publ) (K33) | $29.65 Million | -14.09% | 0.39x | $15.49 Million |
| Mangold Fondkommission AB (MANG) | $89.59 Million | 11.71% | 4.55x | $9.78 Million |