Scandinavian Enviro Systems AB
Scandinavian Enviro Systems AB (publ) develops, builds, owns, and operates facilities for material recovery of resources from used tires in Sweden and internationally. The company's recoverable materials includes carbon black, oil, steel, and gas. The company has a strategi partnership with Michelin. Scandinavian Enviro Systems AB (publ) was incorporated in 2001 and is headquartered in Gothenburg… Read more
Scandinavian Enviro Systems AB (SES) - Net Assets
Latest net assets as of September 2025: Skr522.40 Million SEK
Based on the latest financial reports, Scandinavian Enviro Systems AB (SES) has net assets worth Skr522.40 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 (Skr578.86 Million) and total liabilities (Skr56.45 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 | Skr522.40 Million |
| % of Total Assets | 90.25% |
| Annual Growth Rate | 25.66% |
| 5-Year Change | 173.54% |
| 10-Year Change | 177.16% |
| Growth Volatility | 59.95 |
Scandinavian Enviro Systems AB - Net Assets Trend (2012–2024)
This chart illustrates how Scandinavian Enviro Systems 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 Scandinavian Enviro Systems AB (2012–2024)
The table below shows the annual net assets of Scandinavian Enviro Systems AB from 2012 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr387.41 Million | +16.06% |
| 2023-12-31 | Skr333.79 Million | +132.48% |
| 2022-12-31 | Skr143.58 Million | -36.80% |
| 2021-12-31 | Skr227.16 Million | +60.39% |
| 2020-12-31 | Skr141.63 Million | -11.00% |
| 2019-12-31 | Skr159.13 Million | +0.72% |
| 2018-12-31 | Skr158.00 Million | +39.61% |
| 2017-12-31 | Skr113.17 Million | -24.60% |
| 2016-12-31 | Skr150.09 Million | +7.38% |
| 2015-12-31 | Skr139.78 Million | +14.14% |
| 2014-12-31 | Skr122.47 Million | +165.37% |
| 2013-12-31 | Skr46.15 Million | +84.70% |
| 2012-12-31 | Skr24.99 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Scandinavian Enviro Systems 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 2136300000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr32.27 Million | 8.33% |
| Other Comprehensive Income | Skr-466.10 Million | -120.31% |
| Other Components | Skr821.24 Million | 211.98% |
| Total Equity | Skr387.41 Million | 100.00% |
Scandinavian Enviro Systems AB Competitors by Market Cap
The table below lists competitors of Scandinavian Enviro Systems AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Vimedimex Medi Pharma JSC
VN:VMD
|
$9.34 Million |
|
WW GRAINGER - Dusseldorf Stock Exchang
DU:GWW
|
$9.35 Million |
|
Phuc Hung Holdings Construction JSC
VN:PHC
|
$9.35 Million |
|
MONGOLIA ENERG. HD-02
F:NWW
|
$9.35 Million |
|
MALT. FR.-BELGES
F:91U
|
$9.33 Million |
|
Pansar Bhd
KLSE:8419
|
$9.33 Million |
|
Mercan Kimya Sanayi ve Ticaret AS
IS:MERCN
|
$9.33 Million |
|
Borgestad A
OL:BOR
|
$9.33 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Scandinavian Enviro Systems AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 333,792,000 to 387,410,000, a change of 53,618,000 (16.1%).
- Net income of 53,617,000 contributed positively to equity growth.
- Other comprehensive income increased equity by 53,617,999.
- Other factors decreased equity by 53,616,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr53.62 Million | +13.84% |
| Other Comprehensive Income | Skr53.62 Million | +13.84% |
| Other Changes | Skr-53.62 Million | -13.84% |
| Total Change | Skr- | 16.06% |
Book Value vs Market Value Analysis
This analysis compares Scandinavian Enviro Systems 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: 0.23x
- 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 increased from 0.05x to 0.23x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | Skr2.20 | Skr0.11 | x |
| 2013-12-31 | Skr2.09 | Skr0.11 | x |
| 2014-12-31 | Skr3.95 | Skr0.11 | x |
| 2015-12-31 | Skr1.84 | Skr0.11 | x |
| 2016-12-31 | Skr2.88 | Skr0.11 | x |
| 2017-12-31 | Skr0.98 | Skr0.11 | x |
| 2018-12-31 | Skr1.30 | Skr0.11 | x |
| 2019-12-31 | Skr0.45 | Skr0.11 | x |
| 2020-12-31 | Skr0.26 | Skr0.11 | x |
| 2021-12-31 | Skr0.38 | Skr0.11 | x |
| 2022-12-31 | Skr0.22 | Skr0.11 | x |
| 2023-12-31 | Skr0.43 | Skr0.11 | x |
| 2024-12-31 | Skr0.48 | Skr0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Scandinavian Enviro Systems 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): 13.84%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 31.40%
- • Asset Turnover: 0.38x
- • Equity Multiplier: 1.15x
- Recent ROE (13.84%) is above the historical average (-25.50%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2012 | -25.06% | -1804.32% | 0.00x | 3.91x | Skr-8.76 Million |
| 2013 | -29.76% | -105661.54% | 0.00x | 2.87x | Skr-18.35 Million |
| 2014 | -15.86% | -7556.03% | 0.00x | 1.31x | Skr-31.67 Million |
| 2015 | -19.56% | -15188.33% | 0.00x | 1.23x | Skr-41.32 Million |
| 2016 | -22.95% | -16805.85% | 0.00x | 1.21x | Skr-49.46 Million |
| 2017 | -32.62% | -5016.03% | 0.01x | 1.24x | Skr-48.24 Million |
| 2018 | -24.55% | -3435.43% | 0.01x | 1.20x | Skr-54.59 Million |
| 2019 | -28.44% | -4155.46% | 0.01x | 1.11x | Skr-61.17 Million |
| 2020 | -35.58% | -3341.98% | 0.01x | 1.11x | Skr-64.56 Million |
| 2021 | -25.24% | -755.16% | 0.03x | 1.07x | Skr-80.05 Million |
| 2022 | -58.08% | -1045.54% | 0.05x | 1.19x | Skr-97.75 Million |
| 2023 | -27.66% | -662.34% | 0.04x | 1.14x | Skr-125.70 Million |
| 2024 | 13.84% | 31.40% | 0.38x | 1.15x | Skr14.88 Million |
Industry Comparison
This section compares Scandinavian Enviro Systems AB's net assets metrics with peer companies in the Waste Management industry.
Industry Context
- Industry: Waste Management
- Average net assets among peers: $80,350,453
- Average return on equity (ROE) among peers: -29.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Scandinavian Enviro Systems AB (SES) | Skr522.40 Million | -25.06% | 0.11x | $9.34 Million |
| Axolot Solutions Holding AB (AXOLOT) | $3.18 Million | -118.50% | 0.14x | $7.52 Million |
| CirChem AB (CIRCHE) | $44.52 Million | -22.55% | 0.28x | $4.20 Million |
| Kollect on Demand Holding Ab (KOLL) | $-278.19K | 0.00% | 0.00x | $83.16K |
| Norditek Group AB (NOTEK) | $65.86 Million | 10.18% | 1.13x | $4.11 Million |
| Studsvik AB (SVIK) | $288.47 Million | -15.60% | 1.86x | $42.93 Million |