AB SKF (publ) (SKF-A) - Net Assets
Based on the latest financial reports, AB SKF (publ) (SKF-A) has net assets worth Skr55.67 Billion SEK (≈ $5.99 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr106.42 Billion ≈ $11.45 Billion USD) and total liabilities (Skr50.75 Billion ≈ $5.46 Billion 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 AB SKF (publ) liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr55.67 Billion |
| % of Total Assets | 52.31% |
| Annual Growth Rate | 5.56% |
| 5-Year Change | 22.71% |
| 10-Year Change | 101.09% |
| Growth Volatility | 10.09 |
AB SKF (publ) - Net Assets Trend (1996–2025)
This chart illustrates how AB SKF (publ)'s net assets have evolved over time, based on quarterly financial data. Also explore AB SKF (publ) assets under control for the complete picture of this company's asset base.
Annual Net Assets for AB SKF (publ) (1996–2025)
The table below shows the annual net assets of AB SKF (publ) from 1996 to 2025. For live valuation and market cap data, see AB SKF (publ) stock valuation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr55.67 Billion ≈ $5.99 Billion |
-10.17% |
| 2024-12-31 | Skr61.97 Billion ≈ $6.67 Billion |
+12.76% |
| 2023-12-31 | Skr54.96 Billion ≈ $5.91 Billion |
+1.69% |
| 2022-12-31 | Skr54.04 Billion ≈ $5.82 Billion |
+19.13% |
| 2021-12-31 | Skr45.37 Billion ≈ $4.88 Billion |
+27.03% |
| 2020-12-31 | Skr35.71 Billion ≈ $3.84 Billion |
-4.43% |
| 2019-12-31 | Skr37.37 Billion ≈ $4.02 Billion |
+5.40% |
| 2018-12-31 | Skr35.45 Billion ≈ $3.82 Billion |
+18.87% |
| 2017-12-31 | Skr29.82 Billion ≈ $3.21 Billion |
+7.73% |
| 2016-12-31 | Skr27.68 Billion ≈ $2.98 Billion |
+5.33% |
| 2015-12-31 | Skr26.28 Billion ≈ $2.83 Billion |
+7.70% |
| 2014-12-31 | Skr24.40 Billion ≈ $2.63 Billion |
+15.37% |
| 2013-12-31 | Skr21.15 Billion ≈ $2.28 Billion |
-5.86% |
| 2012-12-31 | Skr22.47 Billion ≈ $2.42 Billion |
+0.06% |
| 2011-12-31 | Skr22.45 Billion ≈ $2.42 Billion |
+12.87% |
| 2010-12-31 | Skr19.89 Billion ≈ $2.14 Billion |
+8.83% |
| 2009-12-31 | Skr18.28 Billion ≈ $1.97 Billion |
-11.25% |
| 2008-12-31 | Skr20.60 Billion ≈ $2.22 Billion |
+12.22% |
| 2007-12-31 | Skr18.36 Billion ≈ $1.98 Billion |
-6.39% |
| 2006-12-31 | Skr19.61 Billion ≈ $2.11 Billion |
+7.54% |
| 2005-12-31 | Skr18.23 Billion ≈ $1.96 Billion |
+6.72% |
| 2004-12-31 | Skr17.09 Billion ≈ $1.84 Billion |
+9.08% |
| 2003-12-31 | Skr15.66 Billion ≈ $1.69 Billion |
-4.29% |
| 2002-12-31 | Skr16.36 Billion ≈ $1.76 Billion |
-2.68% |
| 2001-12-31 | Skr16.82 Billion ≈ $1.81 Billion |
+19.59% |
| 2000-12-31 | Skr14.06 Billion ≈ $1.51 Billion |
+19.52% |
| 1999-12-31 | Skr11.77 Billion ≈ $1.27 Billion |
+4.12% |
| 1998-12-31 | Skr11.30 Billion ≈ $1.22 Billion |
-12.26% |
| 1997-12-31 | Skr12.88 Billion ≈ $1.39 Billion |
+11.04% |
| 1996-12-31 | Skr11.60 Billion ≈ $1.25 Billion |
-- |
Equity Component Analysis
This analysis shows how different components contribute to AB SKF (publ)'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 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Skr53.56 Billion | 100.00% |
| Total Equity | Skr53.56 Billion | 100.00% |
AB SKF (publ) Competitors by Market Cap
The table below lists competitors of AB SKF (publ) ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Redwood Trust Inc
NYSE:RWT
|
$715.90 Million |
|
SmartFinancial, Inc.
NYSE:SMBK
|
$715.91 Million |
|
Shanghai Golden Bridge
SHG:603918
|
$715.92 Million |
|
Etron Technology
TWO:5351
|
$716.01 Million |
|
Ocean’s King Lighting Science & Technology Co Ltd
SHE:002724
|
$715.75 Million |
|
Lectra SA
PA:LSS
|
$715.73 Million |
|
eClerx Services Limited
NSE:ECLERX
|
$715.66 Million |
|
Alto Neuroscience, Inc.
NYSE:ANRO
|
$715.58 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in AB SKF (publ)'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 59,649,000,000 to 53,558,000,000, a change of -6,091,000,000 (-10.2%).
- Net income of 3,927,000,000 contributed positively to equity growth.
- Dividend payments of 3,613,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 5,091,000,000.
- Other factors decreased equity by 1,314,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr3.93 Billion | +7.33% |
| Dividends Paid | Skr3.61 Billion | -6.75% |
| Other Comprehensive Income | Skr-5.09 Billion | -9.51% |
| Other Changes | Skr-1.31 Billion | -2.45% |
| Total Change | Skr- | -10.21% |
Book Value vs Market Value Analysis
This analysis compares AB SKF (publ)'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: 1.96x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 9.74x to 1.96x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1996-12-31 | Skr23.61 | Skr230.00 | x |
| 1997-12-31 | Skr26.97 | Skr230.00 | x |
| 1998-12-31 | Skr23.20 | Skr230.00 | x |
| 1999-12-31 | Skr24.96 | Skr230.00 | x |
| 2000-12-31 | Skr29.85 | Skr230.00 | x |
| 2001-12-31 | Skr34.33 | Skr230.00 | x |
| 2002-12-31 | Skr35.94 | Skr230.00 | x |
| 2003-12-31 | Skr33.27 | Skr230.00 | x |
| 2004-12-31 | Skr36.33 | Skr230.00 | x |
| 2005-12-31 | Skr37.24 | Skr230.00 | x |
| 2006-12-31 | Skr40.14 | Skr230.00 | x |
| 2007-12-31 | Skr36.85 | Skr230.00 | x |
| 2008-12-31 | Skr41.07 | Skr230.00 | x |
| 2009-12-31 | Skr38.24 | Skr230.00 | x |
| 2010-12-31 | Skr41.58 | Skr230.00 | x |
| 2011-12-31 | Skr47.08 | Skr230.00 | x |
| 2012-12-31 | Skr46.83 | Skr230.00 | x |
| 2013-12-31 | Skr44.14 | Skr230.00 | x |
| 2014-12-31 | Skr50.71 | Skr230.00 | x |
| 2015-12-31 | Skr54.50 | Skr230.00 | x |
| 2016-12-31 | Skr57.15 | Skr230.00 | x |
| 2017-12-31 | Skr61.54 | Skr230.00 | x |
| 2018-12-31 | Skr73.54 | Skr230.00 | x |
| 2019-12-31 | Skr77.90 | Skr230.00 | x |
| 2020-12-31 | Skr75.29 | Skr230.00 | x |
| 2021-12-31 | Skr95.85 | Skr230.00 | x |
| 2022-12-31 | Skr114.04 | Skr230.00 | x |
| 2023-12-31 | Skr115.83 | Skr230.00 | x |
| 2024-12-31 | Skr131.00 | Skr230.00 | x |
| 2025-12-31 | Skr117.62 | Skr230.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently AB SKF (publ) 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): 7.33%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.29%
- • Asset Turnover: 0.86x
- • Equity Multiplier: 1.99x
- Recent ROE (7.33%) is below the historical average (15.54%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1996 | 15.35% | 5.04% | 0.99x | 3.07x | Skr589.80 Million |
| 1997 | 12.38% | 4.22% | 0.96x | 3.05x | Skr299.20 Million |
| 1998 | -15.54% | -4.36% | 0.97x | 3.69x | Skr-2.70 Billion |
| 1999 | 9.77% | 3.03% | 1.05x | 3.06x | Skr-25.70 Million |
| 2000 | 14.43% | 4.92% | 1.05x | 2.78x | Skr602.60 Million |
| 2001 | 14.14% | 5.10% | 1.06x | 2.62x | Skr647.70 Million |
| 2002 | 15.20% | 5.86% | 1.09x | 2.38x | Skr850.50 Million |
| 2003 | 13.82% | 5.06% | 1.14x | 2.40x | Skr578.60 Million |
| 2004 | 18.15% | 6.71% | 1.29x | 2.10x | Skr1.35 Billion |
| 2005 | 21.19% | 7.32% | 1.22x | 2.37x | Skr1.90 Billion |
| 2006 | 24.17% | 8.35% | 1.15x | 2.52x | Skr2.60 Billion |
| 2007 | 28.34% | 8.14% | 1.26x | 2.75x | Skr3.09 Billion |
| 2008 | 25.33% | 7.48% | 1.13x | 3.01x | Skr2.87 Billion |
| 2009 | 9.79% | 3.03% | 1.10x | 2.93x | Skr-36.10 Million |
| 2010 | 27.97% | 8.68% | 1.11x | 2.92x | Skr3.40 Billion |
| 2011 | 29.04% | 9.40% | 1.12x | 2.77x | Skr4.08 Billion |
| 2012 | 22.14% | 7.32% | 1.06x | 2.85x | Skr2.59 Billion |
| 2013 | 4.54% | 1.43% | 0.90x | 3.53x | Skr-1.10 Billion |
| 2014 | 19.92% | 6.48% | 0.87x | 3.54x | Skr2.29 Billion |
| 2015 | 15.64% | 5.11% | 0.95x | 3.21x | Skr1.40 Billion |
| 2016 | 15.31% | 5.47% | 0.87x | 3.22x | Skr1.38 Billion |
| 2017 | 19.53% | 7.02% | 0.96x | 2.90x | Skr2.67 Billion |
| 2018 | 21.72% | 8.50% | 0.98x | 2.60x | Skr3.93 Billion |
| 2019 | 15.65% | 6.46% | 0.91x | 2.65x | Skr2.01 Billion |
| 2020 | 12.53% | 5.74% | 0.83x | 2.64x | Skr867.10 Million |
| 2021 | 16.80% | 8.97% | 0.82x | 2.28x | Skr2.97 Billion |
| 2022 | 8.61% | 4.61% | 0.87x | 2.14x | Skr-723.70 Million |
| 2023 | 12.12% | 6.16% | 0.93x | 2.12x | Skr1.12 Billion |
| 2024 | 10.85% | 6.56% | 0.83x | 2.00x | Skr509.10 Million |
| 2025 | 7.33% | 4.29% | 0.86x | 1.99x | Skr-1.43 Billion |
Industry Comparison
This section compares AB SKF (publ)'s net assets metrics with peer companies in the Tools & Accessories industry.
Industry Context
- Industry: Tools & Accessories
- Average net assets among peers: $15,496,666,667
- Average return on equity (ROE) among peers: 13.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| AB SKF (publ) (SKF-A) | Skr55.67 Billion | 15.35% | 0.91x | $715.78 Million |
| Husqvarna AB (publ) (HUSQ-A) | $16.01 Billion | 7.57% | 1.41x | $506.68 Million |
| Husqvarna AB (publ) (HUSQ-B) | $12.13 Billion | 7.45% | 1.49x | $2.20 Billion |
| AB SKF (publ) (SKF-B) | $18.36 Billion | 25.97% | 1.52x | $10.54 Billion |
About AB SKF (publ)
AB SKF (publ) designs, manufactures, and sells bearings and units, seals, lubrication systems, condition monitoring, and services worldwide. It operates in two segments, Industrial and Automotive. The company offers rolling, mounted and housings, super-precision, slewing, plain, magnetic, and thin section bearings; industrial and automotive seals; lubricants, manual lubrication tools, lubricators… Read more