Stenhus Fastigheter I Norden AB (SFAST) - Net Assets
Based on the latest financial reports, Stenhus Fastigheter I Norden AB (SFAST) has net assets worth Skr5.97 Billion SEK (≈ $642.05 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 (Skr14.93 Billion ≈ $1.61 Billion USD) and total liabilities (Skr8.96 Billion ≈ $964.53 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 SFAST financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr5.97 Billion |
| % of Total Assets | 39.96% |
| Annual Growth Rate | 34.41% |
| 5-Year Change | 52.29% |
| 10-Year Change | N/A |
| Growth Volatility | 73.38 |
Stenhus Fastigheter I Norden AB - Net Assets Trend (2020–2025)
This chart illustrates how Stenhus Fastigheter I Norden AB's net assets have evolved over time, based on quarterly financial data. Also explore SFAST total assets for the complete picture of this company's asset base.
Annual Net Assets for Stenhus Fastigheter I Norden AB (2020–2025)
The table below shows the annual net assets of Stenhus Fastigheter I Norden AB from 2020 to 2025. For live valuation and market cap data, see how much is Stenhus Fastigheter I Norden AB worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr5.97 Billion ≈ $642.05 Million |
+0.74% |
| 2024-12-31 | Skr5.92 Billion ≈ $637.34 Million |
+0.32% |
| 2023-12-31 | Skr5.90 Billion ≈ $635.32 Million |
-4.31% |
| 2022-12-31 | Skr6.17 Billion ≈ $663.96 Million |
+57.48% |
| 2021-12-31 | Skr3.92 Billion ≈ $421.61 Million |
+187.97% |
| 2020-12-31 | Skr1.36 Billion ≈ $146.41 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Stenhus Fastigheter I Norden 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 811.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr656.40 Million | 11.00% |
| Common Stock | Skr371.78 Million | 6.23% |
| Other Components | Skr4.94 Billion | 82.77% |
| Total Equity | Skr5.97 Billion | 100.00% |
Stenhus Fastigheter I Norden AB Competitors by Market Cap
The table below lists competitors of Stenhus Fastigheter I Norden AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PRIMA MARINE PCL-NVDR
BK:PRM-R
|
$442.48 Million |
|
BlackRock Municipal Income Closed Fund
NYSE:BFK
|
$442.50 Million |
|
Capital Futures Corp
TW:6024
|
$442.54 Million |
|
Prisma Properties
ST:PRISMA
|
$442.63 Million |
|
Posiflex Technology Inc
TW:8114
|
$442.28 Million |
|
Mia Teknoloji AS
IS:MIATK
|
$442.13 Million |
|
Kailong High Technology Co. Ltd.
SHE:300912
|
$442.13 Million |
|
Covenant Logistics Group, Inc.
NASDAQ:CVLG
|
$441.94 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Stenhus Fastigheter I Norden AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,811,848,000 to 5,966,153,000, a change of 154,305,000 (2.7%).
- Net income of 377,078,000 contributed positively to equity growth.
- Dividend payments of 72,128,000 reduced retained earnings.
- Share repurchases of 170,051,000 reduced equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr377.08 Million | +6.32% |
| Dividends Paid | Skr72.13 Million | -1.21% |
| Share Repurchases | Skr170.05 Million | -2.85% |
| Other Changes | Skr19.41 Million | +0.33% |
| Total Change | Skr- | 2.66% |
Book Value vs Market Value Analysis
This analysis compares Stenhus Fastigheter I Norden 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: 0.69x
- 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 0.54x to 0.69x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | Skr20.79 | Skr11.32 | x |
| 2021-12-31 | Skr20.62 | Skr11.32 | x |
| 2022-12-31 | Skr19.50 | Skr11.32 | x |
| 2023-12-31 | Skr15.39 | Skr11.32 | x |
| 2024-12-31 | Skr15.64 | Skr11.32 | x |
| 2025-12-31 | Skr16.39 | Skr11.32 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Stenhus Fastigheter I Norden 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): 6.32%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.40%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 2.50x
- Recent ROE (6.32%) is below the historical average (6.62%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 15.93% | 259.99% | 0.04x | 1.55x | Skr80.66 Million |
| 2021 | 20.29% | 279.24% | 0.04x | 2.07x | Skr401.64 Million |
| 2022 | 3.47% | 29.83% | 0.05x | 2.51x | Skr-399.97 Million |
| 2023 | -7.23% | -40.54% | 0.07x | 2.57x | Skr-984.63 Million |
| 2024 | 0.97% | 5.58% | 0.07x | 2.42x | Skr-524.74 Million |
| 2025 | 6.32% | 36.40% | 0.07x | 2.50x | Skr-219.54 Million |
Industry Comparison
This section compares Stenhus Fastigheter I Norden AB's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $1,847,251,800
- Average return on equity (ROE) among peers: 11.25%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Stenhus Fastigheter I Norden AB (SFAST) | Skr5.97 Billion | 15.93% | 1.50x | $442.32 Million |
| Annehem Fastigheter AB (ANNE-B) | $389.30 Million | 14.54% | 1.60x | $149.36 Million |
| Bonasudden Holding AB (BONAS) | $585.85 Million | 4.91% | 1.63x | $30.19 Million |
| Brinova Fastigheter AB (publ) (BRIN-B) | $22.10 Million | -3.17% | 0.93x | $260.83 Million |
| Eastnine AB (publ) (EAST) | $309.94 Million | 11.67% | 0.62x | $465.07 Million |
| Fastighetsbolaget Emilshus AB (EMIL-B) | $942.60 Million | 18.66% | 1.98x | $655.99 Million |
| Fabege AB (FABG) | $11.33 Billion | 11.62% | 2.39x | $2.62 Billion |
| Fastator AB (FASTAT) | $2.48 Billion | 18.90% | 1.98x | $2.06 Million |
| Fleming Properties AB (FLMNG) | $55.22 Million | -5.08% | 1.50x | $37.68 Million |
| Fortinova Fastigheter AB Series B (FNOVA-B) | $2.14 Billion | -12.27% | 1.46x | $132.80 Million |
| Genova Property Group AB (GPG) | $214.74 Million | 52.70% | 0.00x | $187.05 Million |
About Stenhus Fastigheter I Norden AB
Stenhus Fastigheter i Norden AB (publ), a real estate company, engages in the ownership and management of public and commercial properties in Stockholm and Mäladaren region of Sweden. Stenhus Fastigheter i Norden AB (publ) was incorporated in 2020 and is headquartered in Stockholm, Sweden.