Seafire AB
Seafire AB (publ) acquires and develops companies in Sweden, the Nordic region, rest of Europe, and internationally. The company operates in two segments, Industrial Components and Products. It markets and sells personal electric vehicles, such as electric bicycles, electric scooters, scooters, and electric mopeds, as well as training equipment through online stores. The company also provides mon… Read more
Seafire AB (SEAF) - Net Assets
Latest net assets as of September 2025: Skr587.00 Million SEK
Based on the latest financial reports, Seafire AB (SEAF) has net assets worth Skr587.00 Million SEK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr1.11 Billion) and total liabilities (Skr524.00 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 | Skr587.00 Million |
| % of Total Assets | 52.84% |
| Annual Growth Rate | 17.0% |
| 5-Year Change | 2586.88% |
| 10-Year Change | 5396.89% |
| Growth Volatility | 257.73 |
Seafire AB - Net Assets Trend (2008–2024)
This chart illustrates how Seafire 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 Seafire AB (2008–2024)
The table below shows the annual net assets of Seafire AB from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr583.00 Million | -18.69% |
| 2023-12-31 | Skr717.00 Million | -8.78% |
| 2022-12-31 | Skr786.00 Million | +258.73% |
| 2021-12-31 | Skr219.11 Million | +909.81% |
| 2020-12-31 | Skr21.70 Million | -2.15% |
| 2019-12-31 | Skr22.18 Million | +3.83% |
| 2018-12-31 | Skr21.36 Million | +11.79% |
| 2017-12-31 | Skr19.10 Million | +51.49% |
| 2016-12-31 | Skr12.61 Million | +18.89% |
| 2015-12-31 | Skr10.61 Million | -71.44% |
| 2010-12-31 | Skr37.14 Million | -13.00% |
| 2009-12-31 | Skr42.69 Million | -9.74% |
| 2008-12-31 | Skr47.30 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Seafire 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 27390600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr7.00 Million | 1.20% |
| Other Comprehensive Income | Skr2.00 Million | 0.34% |
| Other Components | Skr849.00 Million | 145.63% |
| Total Equity | Skr583.00 Million | 100.00% |
Seafire AB Competitors by Market Cap
The table below lists competitors of Seafire AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Okong Corporation
KQ:045060
|
$17.92 Million |
|
Seker Finansal Kiralama AS
IS:SEKFK
|
$17.92 Million |
|
Glomac Bhd
KLSE:5020
|
$17.92 Million |
|
Thanapiriya Public Company Limited
BK:TNP
|
$17.93 Million |
|
ANKM
OTCQB:ANKM
|
$17.91 Million |
|
Aztec Minerals Corp
OTCQB:AZZTF
|
$17.91 Million |
|
Hurriyet Gazetecilik ve Matbaacilik AS
IS:HURGZ
|
$17.91 Million |
|
Impedimed Ltd
AU:IPD
|
$17.91 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Seafire AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 717,000,000 to 583,000,000, a change of -134,000,000 (-18.7%).
- Net loss of 134,000,000 reduced equity.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-134.00 Million | -22.98% |
| Total Change | Skr- | -18.69% |
Book Value vs Market Value Analysis
This analysis compares Seafire 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: 0.60x
- 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 85.92x to 0.60x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Skr0.09 | Skr8.00 | x |
| 2009-12-31 | Skr8.40 | Skr8.00 | x |
| 2010-12-31 | Skr12.30 | Skr8.00 | x |
| 2015-12-31 | Skr11.06 | Skr8.00 | x |
| 2016-12-31 | Skr0.02 | Skr8.00 | x |
| 2017-12-31 | Skr6.02 | Skr8.00 | x |
| 2018-12-31 | Skr3.71 | Skr8.00 | x |
| 2019-12-31 | Skr2.38 | Skr8.00 | x |
| 2020-12-31 | Skr2.24 | Skr8.00 | x |
| 2021-12-31 | Skr15.46 | Skr8.00 | x |
| 2022-12-31 | Skr25.52 | Skr8.00 | x |
| 2023-12-31 | Skr16.74 | Skr8.00 | x |
| 2024-12-31 | Skr13.33 | Skr8.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Seafire 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): -22.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -14.81%
- • Asset Turnover: 0.78x
- • Equity Multiplier: 1.98x
- Recent ROE (-22.98%) is below the historical average (-20.75%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -11.63% | -11.70% | 0.76x | 1.31x | Skr-10.23 Million |
| 2009 | -10.79% | -13.18% | 0.60x | 1.36x | Skr-8.88 Million |
| 2010 | -53.59% | -70.54% | 0.57x | 1.34x | Skr-23.62 Million |
| 2015 | -13.47% | -6.21% | 1.35x | 1.60x | Skr-2.49 Million |
| 2016 | -17.29% | -75.02% | 0.10x | 2.37x | Skr-3.44 Million |
| 2017 | -22.53% | -17.83% | 0.77x | 1.63x | Skr-6.21 Million |
| 2018 | -36.34% | -15.32% | 0.68x | 3.47x | Skr-9.90 Million |
| 2019 | -64.46% | -8.72% | 0.84x | 8.76x | Skr-16.51 Million |
| 2020 | -2.20% | -0.22% | 0.90x | 11.31x | Skr-2.65 Million |
| 2021 | -6.12% | -3.18% | 0.51x | 3.79x | Skr-35.31 Million |
| 2022 | 1.78% | 1.65% | 0.49x | 2.23x | Skr-64.60 Million |
| 2023 | -10.18% | -7.30% | 0.75x | 1.87x | Skr-144.70 Million |
| 2024 | -22.98% | -14.81% | 0.78x | 1.98x | Skr-192.30 Million |
Industry Comparison
This section compares Seafire AB's net assets metrics with peer companies in the Asset Management industry.
Industry Context
- Industry: Asset Management
- Average net assets among peers: $2,644,922,300
- Average return on equity (ROE) among peers: 5.77%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seafire AB (SEAF) | Skr587.00 Million | -11.63% | 0.89x | $17.92 Million |
| Athanase Innovation AB (ATIN) | $907.40 Million | -2.93% | 0.01x | $6.52 Million |
| BMC (BMC) | $46.31 Million | 81.79% | 0.68x | $8.57 Million |
| Bure Equity AB (BURE) | $13.57 Billion | 31.15% | 0.02x | $1.08 Billion |
| Case Group AB (CASE) | $288.95 Million | 5.93% | 0.23x | $16.19 Million |
| Catella AB A (CAT-A) | $932.00 Million | -2.36% | 2.74x | $77.53 Million |
| Catella AB (publ) (CAT-B) | $932.00 Million | -2.36% | 2.74x | $75.75 Million |
| Creades AB (CRED-A) | $9.18 Billion | 6.08% | 0.02x | $332.89 Million |
| Effnetplattformen Holding AB (EFFH) | $16.30 Million | -31.51% | 0.16x | $3.94K |
| First Venture Sweden AB Series B (FIRST-B) | $165.81 Million | -7.93% | 0.02x | $3.07 Million |
| Flat Capital AB Series B (FLAT-B) | $412.76 Million | -20.20% | 0.00x | $59.97 Million |