Soder Sportfiske AB (SODER) - Net Assets
Based on the latest financial reports, Soder Sportfiske AB (SODER) has net assets worth Skr89.50 Million SEK (≈ $9.63 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr142.50 Million ≈ $15.34 Million USD) and total liabilities (Skr53.00 Million ≈ $5.70 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 Soder Sportfiske AB (SODER) liquid assets ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr89.50 Million |
| % of Total Assets | 62.81% |
| Annual Growth Rate | 38.48% |
| 5-Year Change | 175.1% |
| 10-Year Change | N/A |
| Growth Volatility | 66.21 |
Soder Sportfiske AB - Net Assets Trend (2018–2024)
This chart illustrates how Soder Sportfiske AB's net assets have evolved over time, based on quarterly financial data. Also explore SODER total assets for the complete picture of this company's asset base.
Annual Net Assets for Soder Sportfiske AB (2018–2024)
The table below shows the annual net assets of Soder Sportfiske AB from 2018 to 2024. For live valuation and market cap data, see SODER stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr89.80 Million ≈ $9.66 Million |
+2.39% |
| 2023-12-31 | Skr87.70 Million ≈ $9.44 Million |
-7.10% |
| 2022-12-31 | Skr94.40 Million ≈ $10.16 Million |
+1.94% |
| 2021-12-31 | Skr92.60 Million ≈ $9.97 Million |
+183.67% |
| 2020-12-31 | Skr32.64 Million ≈ $3.51 Million |
+47.13% |
| 2019-12-31 | Skr22.19 Million ≈ $2.39 Million |
+74.32% |
| 2018-12-31 | Skr12.73 Million ≈ $1.37 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Soder Sportfiske 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 129.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr28.10 Million | 31.29% |
| Common Stock | Skr800.00K | 0.89% |
| Other Components | Skr60.90 Million | 67.82% |
| Total Equity | Skr89.80 Million | 100.00% |
Soder Sportfiske AB Competitors by Market Cap
The table below lists competitors of Soder Sportfiske AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
FN Factory Outlet Public Company Limited
BK:FN
|
$15.58 Million |
|
Steady Safe TBK PT
JK:SAFE
|
$15.59 Million |
|
Mida Leasing Public Company Limited
BK:ML
|
$15.60 Million |
|
LogProstyle Inc.
NYSE MKT:LGPS
|
$15.60 Million |
|
Poxel SA
PA:POXEL
|
$15.56 Million |
|
Han Kook Steel
KO:025890
|
$15.56 Million |
|
Havsfrun Investment AB (publ)
ST:HAV-B
|
$15.55 Million |
|
Pacific Strategic Financial
JK:APIC
|
$15.55 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Soder Sportfiske AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 87,700,000 to 89,800,000, a change of 2,100,000 (2.4%).
- Net income of 7,200,000 contributed positively to equity growth.
- Dividend payments of 5,100,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr7.20 Million | +8.02% |
| Dividends Paid | Skr5.10 Million | -5.68% |
| Total Change | Skr- | 2.39% |
Book Value vs Market Value Analysis
This analysis compares Soder Sportfiske 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: 1.61x
- 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 10.05x to 1.61x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2018-12-31 | Skr1.70 | Skr17.10 | x |
| 2019-12-31 | Skr2.97 | Skr17.10 | x |
| 2020-12-31 | Skr24002.21 | Skr17.10 | x |
| 2021-12-31 | Skr11.44 | Skr17.10 | x |
| 2022-12-31 | Skr11.19 | Skr17.10 | x |
| 2023-12-31 | Skr10.40 | Skr17.10 | x |
| 2024-12-31 | Skr10.60 | Skr17.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Soder Sportfiske 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): 8.02%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.10%
- • Asset Turnover: 1.72x
- • Equity Multiplier: 1.51x
- Recent ROE (8.02%) is below the historical average (21.04%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2018 | 45.33% | 8.00% | 2.47x | 2.29x | Skr4.50 Million |
| 2019 | 30.01% | 6.33% | 2.84x | 1.67x | Skr4.44 Million |
| 2020 | 44.42% | 8.75% | 2.91x | 1.74x | Skr11.24 Million |
| 2021 | 9.72% | 4.62% | 1.44x | 1.46x | Skr-260.00K |
| 2022 | 3.28% | 1.66% | 1.38x | 1.43x | Skr-6.34 Million |
| 2023 | 6.50% | 2.56% | 1.65x | 1.54x | Skr-3.07 Million |
| 2024 | 8.02% | 3.10% | 1.72x | 1.51x | Skr-1.78 Million |
Industry Comparison
This section compares Soder Sportfiske AB's net assets metrics with peer companies in the Leisure industry.
Industry Context
- Industry: Leisure
- Average net assets among peers: $2,513,723,660
- Average return on equity (ROE) among peers: 14.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Soder Sportfiske AB (SODER) | Skr89.50 Million | 45.33% | 0.59x | $15.57 Million |
| Financière Amuse TopCo SAS (ASMDEE-B) | $1.49 Billion | 0.00% | 1.59x | $3.00 Billion |
| Actic Group AB (ATIC) | $205.64 Million | -17.67% | 6.12x | $79.22 Million |
| Dometic Group AB (publ) (DOM) | $14.51 Billion | 10.30% | 1.14x | $1.07 Billion |
| MIPS AB (MIPS) | $57.33 Million | 24.95% | 0.32x | $776.01 Million |
| Profoto Holding AB (PRFO) | $331.00 Million | 47.73% | 0.77x | $32.46 Million |
| Thule Group AB (THULE) | $3.47 Billion | 20.39% | 1.10x | $2.66 Billion |
| USWE Sports AB (USWE) | $12.76 Million | 50.84% | 1.54x | $9.29 Million |
| Unlimited Travel Group UTG AB (publ) (UTG) | $37.03 Million | -17.82% | 2.25x | $23.74 Million |
About Soder Sportfiske AB
Söder Sportfiske AB sells of sport fishing products in Sweden. The company offers fishing rods and reels; fishing lures, including wobblers, spoon lures, spinners, jerkbaits, rubber rules, and fly fishing; and fishing clothes comprising jackets, trousers, overalls, waders, shoes and boots, sweaters, undergarments, and accessories. It also provides electric motors, and sonar and GPS units, as well… Read more