Seafire AB (SEAF) - Net Assets
Based on the latest financial reports, Seafire AB (SEAF) has net assets worth Skr579.00 Million SEK (≈ $62.31 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 (Skr1.06 Billion ≈ $114.29 Million USD) and total liabilities (Skr483.00 Million ≈ $51.98 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. Also explore Seafire AB asset portfolio for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr579.00 Million |
| % of Total Assets | 54.52% |
| Annual Growth Rate | 15.89% |
| 5-Year Change | 164.71% |
| 10-Year Change | 4499.52% |
| Growth Volatility | 248.9 |
Seafire AB - Net Assets Trend (2008–2025)
This chart illustrates how Seafire AB's net assets have evolved over time, based on quarterly financial data. Check SEAF tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Seafire AB (2008–2025)
The table below shows the annual net assets of Seafire AB from 2008 to 2025. For live valuation and market cap data, see SEAF market cap overview.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr580.00 Million ≈ $62.42 Million |
-0.51% |
| 2024-12-31 | Skr583.00 Million ≈ $62.74 Million |
-18.69% |
| 2023-12-31 | Skr717.00 Million ≈ $77.16 Million |
-8.78% |
| 2022-12-31 | Skr786.00 Million ≈ $84.59 Million |
+258.73% |
| 2021-12-31 | Skr219.11 Million ≈ $23.58 Million |
+909.81% |
| 2020-12-31 | Skr21.70 Million ≈ $2.34 Million |
-2.15% |
| 2019-12-31 | Skr22.18 Million ≈ $2.39 Million |
+3.83% |
| 2018-12-31 | Skr21.36 Million ≈ $2.30 Million |
+11.79% |
| 2017-12-31 | Skr19.10 Million ≈ $2.06 Million |
+51.49% |
| 2016-12-31 | Skr12.61 Million ≈ $1.36 Million |
+18.89% |
| 2015-12-31 | Skr10.61 Million ≈ $1.14 Million |
-71.44% |
| 2010-12-31 | Skr37.14 Million ≈ $4.00 Million |
-13.00% |
| 2009-12-31 | Skr42.69 Million ≈ $4.59 Million |
-9.74% |
| 2008-12-31 | Skr47.30 Million ≈ $5.09 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 27290600000.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr7.00 Million | 1.21% |
| Other Components | Skr847.00 Million | 146.03% |
| Total Equity | Skr580.00 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 |
|---|---|
|
DGL Group Ltd
AU:DGL
|
$60.54 Million |
|
Yoong Onn Corporation Bhd
KLSE:5159
|
$60.55 Million |
|
Westag & Getalit AG
F:WUG3
|
$60.55 Million |
|
Skycorp Solar Group Limited Ordinary Shares
NASDAQ:PN
|
$60.60 Million |
|
CanAlaska Uranium Ltd
V:CVV
|
$60.51 Million |
|
Sunmow Holding Bhd
KLSE:03050
|
$60.50 Million |
|
Singulus Technologies AG
XETRA:SNG
|
$60.50 Million |
|
Bilendi
PA:ALBLD
|
$60.49 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 2024 to 2025, total equity changed from 583,000,000 to 580,000,000, a change of -3,000,000 (-0.5%).
- Net loss of 4,000,000 reduced equity.
- Other comprehensive income decreased equity by 2,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-4.00 Million | -0.69% |
| Other Comprehensive Income | Skr-2.00 Million | -0.34% |
| Other Changes | Skr3.00 Million | +0.52% |
| Total Change | Skr- | -0.51% |
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: 0.58x
- 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 84.84x to 0.58x 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 | Skr7.90 | x |
| 2009-12-31 | Skr8.40 | Skr7.90 | x |
| 2010-12-31 | Skr12.30 | Skr7.90 | x |
| 2015-12-31 | Skr11.06 | Skr7.90 | x |
| 2016-12-31 | Skr0.02 | Skr7.90 | x |
| 2017-12-31 | Skr6.02 | Skr7.90 | x |
| 2018-12-31 | Skr3.71 | Skr7.90 | x |
| 2019-12-31 | Skr2.38 | Skr7.90 | x |
| 2020-12-31 | Skr2.24 | Skr7.90 | x |
| 2021-12-31 | Skr15.46 | Skr7.90 | x |
| 2022-12-31 | Skr25.52 | Skr7.90 | x |
| 2023-12-31 | Skr16.74 | Skr7.90 | x |
| 2024-12-31 | Skr13.33 | Skr7.90 | x |
| 2025-12-31 | Skr13.51 | Skr7.90 | 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): -0.69%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.43%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 1.85x
- Recent ROE (-0.69%) is above the historical average (-19.32%), indicating improving 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 |
| 2025 | -0.69% | -0.43% | 0.86x | 1.85x | Skr-62.00 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: $1,973,239,800
- Average return on equity (ROE) among peers: 9.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Seafire AB (SEAF) | Skr579.00 Million | -11.63% | 0.83x | $60.51 Million |
| Athanase Innovation AB (ATIN) | $791.89 Million | -14.46% | 0.04x | $53.81 Million |
| Bure Equity AB (BURE) | $2.75 Billion | 38.02% | 0.36x | $2.09 Billion |
| Case Group AB (CASE) | $331.01 Million | 12.71% | 0.20x | $72.73 Million |
| Catella AB A (CAT-A) | $941.00 Million | 6.38% | 3.00x | $5.04 Million |
| Catella AB (publ) (CAT-B) | $567.00 Million | -32.10% | 3.92x | $186.04 Million |
| Creades AB (CRED-A) | $11.15 Billion | 10.87% | 0.01x | $862.67 Million |
| Effnetplattformen Holding AB (EFFH) | $32.81 Million | 5.13% | 0.11x | $12.47 Million |
| EQT AB (publ) (EQT) | $2.94 Billion | 30.90% | 0.32x | $41.90 Billion |
| First Venture Sweden AB Series B (FIRST-B) | $165.81 Million | -7.93% | 0.02x | $4.96 Million |
| Flat Capital AB Series B (FLAT-B) | $51.18 Million | 43.07% | 0.14x | $427.13 Million |
About Seafire AB
Seafire AB (publ) acquires and develops companies in Sweden, the Nordic region, rest of Europe, and internationally. The company operates through Industrial Components and Products segments. It markets and sells personal electric vehicles, such as electric bicycles, electric and walking scooters, and electric mopeds, as well as exercise equipment through online stores. The company also provides m… Read more