Swedencare publ AB (SECARE) - Net Assets
Based on the latest financial reports, Swedencare publ AB (SECARE) has net assets worth Skr6.66 Billion SEK (≈ $717.25 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr9.51 Billion ≈ $1.02 Billion USD) and total liabilities (Skr2.84 Billion ≈ $306.11 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 SECARE asset liquidity ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr6.66 Billion |
| % of Total Assets | 70.09% |
| Annual Growth Rate | 76.07% |
| 5-Year Change | 175.43% |
| 10-Year Change | 11656.14% |
| Growth Volatility | 174.89 |
Swedencare publ AB - Net Assets Trend (2013–2025)
This chart illustrates how Swedencare publ AB's net assets have evolved over time, based on quarterly financial data. Also explore Swedencare publ AB asset portfolio for the complete picture of this company's asset base.
Annual Net Assets for Swedencare publ AB (2013–2025)
The table below shows the annual net assets of Swedencare publ AB from 2013 to 2025. For live valuation and market cap data, see SECARE stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr6.66 Billion ≈ $717.25 Million |
-17.02% |
| 2024-12-31 | Skr8.03 Billion ≈ $864.38 Million |
+11.45% |
| 2023-12-31 | Skr7.21 Billion ≈ $775.57 Million |
-3.40% |
| 2022-12-31 | Skr7.46 Billion ≈ $802.89 Million |
+208.32% |
| 2021-12-31 | Skr2.42 Billion ≈ $260.41 Million |
+159.37% |
| 2020-12-31 | Skr932.95 Million ≈ $100.40 Million |
+610.40% |
| 2019-12-31 | Skr131.33 Million ≈ $14.13 Million |
+33.64% |
| 2018-12-31 | Skr98.27 Million ≈ $10.58 Million |
+42.38% |
| 2017-12-31 | Skr69.02 Million ≈ $7.43 Million |
+21.74% |
| 2016-12-31 | Skr56.69 Million ≈ $6.10 Million |
+187.91% |
| 2015-12-31 | Skr19.69 Million ≈ $2.12 Million |
+267.71% |
| 2014-12-31 | Skr5.36 Million ≈ $576.28K |
-28.66% |
| 2013-12-31 | Skr7.51 Million ≈ $807.83K |
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Equity Component Analysis
This analysis shows how different components contribute to Swedencare publ 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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Skr6.66 Billion | 100.00% |
| Total Equity | Skr6.66 Billion | 100.00% |
Swedencare publ AB Competitors by Market Cap
The table below lists competitors of Swedencare publ AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
International Money Express Inc
NASDAQ:IMXI
|
$462.72 Million |
|
Nuveen Variable Rate Preferred & Income Fund
NYSE:NPFD
|
$462.74 Million |
|
Xiamen R&T Plumbing Technology Co Ltd
SHE:002790
|
$462.89 Million |
|
Shenyang Chemical Industry Co Ltd
SHE:000698
|
$462.89 Million |
|
CCS Supply Chain Management Co Ltd
SHG:600180
|
$462.71 Million |
|
APAQ Technology Co Ltd
TW:6449
|
$462.61 Million |
|
China Zhonghua Geotechnical Engineering Co Ltd
SHE:002542
|
$462.51 Million |
|
Dirui Industrial Co Ltd
SHE:300396
|
$462.49 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Swedencare publ AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 8,032,100,000 to 6,664,900,000, a change of -1,367,200,000 (-17.0%).
- Net income of 55,500,000 contributed positively to equity growth.
- Dividend payments of 40,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 1,524,600,000.
- Other factors increased equity by 141,900,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr55.50 Million | +0.83% |
| Dividends Paid | Skr40.00 Million | -0.6% |
| Other Comprehensive Income | Skr-1.52 Billion | -22.88% |
| Other Changes | Skr141.90 Million | +2.13% |
| Total Change | Skr- | -17.02% |
Book Value vs Market Value Analysis
This analysis compares Swedencare publ 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: 0.65x
- 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 387.96x to 0.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2013-12-31 | Skr0.07 | Skr26.90 | x |
| 2014-12-31 | Skr0.07 | Skr26.90 | x |
| 2015-12-31 | Skr0.26 | Skr26.90 | x |
| 2016-12-31 | Skr0.81 | Skr26.90 | x |
| 2017-12-31 | Skr0.88 | Skr26.90 | x |
| 2018-12-31 | Skr1.25 | Skr26.90 | x |
| 2019-12-31 | Skr1.66 | Skr26.90 | x |
| 2020-12-31 | Skr10.75 | Skr26.90 | x |
| 2021-12-31 | Skr21.61 | Skr26.90 | x |
| 2022-12-31 | Skr48.03 | Skr26.90 | x |
| 2023-12-31 | Skr45.40 | Skr26.90 | x |
| 2024-12-31 | Skr50.58 | Skr26.90 | x |
| 2025-12-31 | Skr41.70 | Skr26.90 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Swedencare publ 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): 0.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.06%
- • Asset Turnover: 0.28x
- • Equity Multiplier: 1.43x
- Recent ROE (0.83%) is below the historical average (15.95%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2013 | 1.88% | 0.55% | 1.89x | 1.81x | Skr-433.61K |
| 2014 | 65.68% | 14.55% | 2.09x | 2.16x | Skr2.98 Million |
| 2015 | 47.25% | 20.18% | 1.18x | 1.99x | Skr7.33 Million |
| 2016 | 17.25% | 18.06% | 0.58x | 1.64x | Skr4.11 Million |
| 2017 | 17.13% | 13.80% | 0.90x | 1.37x | Skr4.92 Million |
| 2018 | 23.73% | 23.52% | 0.84x | 1.20x | Skr13.49 Million |
| 2019 | 22.78% | 23.58% | 0.85x | 1.14x | Skr16.78 Million |
| 2020 | 5.20% | 20.23% | 0.21x | 1.23x | Skr-44.76 Million |
| 2021 | 2.26% | 7.09% | 0.22x | 1.43x | Skr-187.36 Million |
| 2022 | 1.27% | 5.17% | 0.18x | 1.34x | Skr-651.57 Million |
| 2023 | 0.81% | 2.51% | 0.25x | 1.32x | Skr-662.08 Million |
| 2024 | 1.23% | 3.89% | 0.25x | 1.28x | Skr-704.31 Million |
| 2025 | 0.83% | 2.06% | 0.28x | 1.43x | Skr-610.99 Million |
Industry Comparison
This section compares Swedencare publ AB's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $1,926,854,802
- Average return on equity (ROE) among peers: 6.05%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Swedencare publ AB (SECARE) | Skr6.66 Billion | 1.88% | 0.43x | $462.72 Million |
| AAK AB (AAK) | $9.74 Billion | 16.05% | 1.29x | $7.38 Billion |
| Humble Group AB (HUMBLE) | $4.89 Billion | 0.35% | 0.80x | $352.54 Million |
| Lohilo Foods AB (LOHILO) | $4.04 Million | 47.61% | 2.15x | $6.57 Million |
| Midsona AB (publ) (MSON-A) | $710.00 Million | 7.18% | 0.65x | $624.80K |
| Midsona AB (publ) (MSON-B) | $877.00 Million | 7.53% | 0.77x | $192.72 Million |
| New Nordic Healthbrands AB (publ) (NNH) | $8.47 Million | -48.23% | 9.83x | $10.73 Million |
| Scandi Standard publ AB (SCST) | $1.06 Billion | 26.57% | 0.99x | $1.05 Billion |
| Skane mollan AB (SKMO) | $57.00 Million | 19.30% | 0.62x | $65.11 Million |
| Premium Snacks Nordic AB (SNX) | $4.38 Million | -21.88% | 1.84x | $61.70 Million |
About Swedencare publ AB
Swedencare AB (publ), together with its subsidiaries, develops, manufactures, markets, and sells animal healthcare products for cats, dogs, and horses in North America, Europe, and internationally. The company offers animal nutritional supplements, treats, and grooming products under the Healthy Breeds name; pet supplements and topical products for various therapeutic areas, such as orthopedics, … Read more