Solnaberg Property AB
Solnaberg Property AB (publ) operates as a real estate company in Sweden. The company owns, manages, and leases the Solna Bladet 3 property with a lettable area of approximately 31,300 square meters. It also operates care facilities, warehouses, garages, and parking lots. Solnaberg Property AB (publ) was incorporated in 2015 and is based in Gothenburg, Sweden.
Solnaberg Property AB (SOLNA) - Net Assets
Latest net assets as of June 2025: Skr593.30 Million SEK
Based on the latest financial reports, Solnaberg Property AB (SOLNA) has net assets worth Skr593.30 Million SEK as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr1.33 Billion) and total liabilities (Skr734.09 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 | Skr593.30 Million |
| % of Total Assets | 44.7% |
| Annual Growth Rate | 6.38% |
| 5-Year Change | 140.69% |
| 10-Year Change | N/A |
| Growth Volatility | 101.49 |
Solnaberg Property AB - Net Assets Trend (2016–2024)
This chart illustrates how Solnaberg Property 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 Solnaberg Property AB (2016–2024)
The table below shows the annual net assets of Solnaberg Property AB from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr597.15 Million | +295.00% |
| 2023-12-31 | Skr151.18 Million | -14.11% |
| 2022-12-31 | Skr176.01 Million | -18.36% |
| 2021-12-31 | Skr215.59 Million | -13.10% |
| 2020-12-31 | Skr248.10 Million | -11.14% |
| 2019-12-31 | Skr279.21 Million | -9.15% |
| 2018-12-31 | Skr307.32 Million | -7.51% |
| 2017-12-31 | Skr332.27 Million | -8.75% |
| 2016-12-31 | Skr364.13 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Solnaberg Property 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 3693671200.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr31.35 Million | 5.25% |
| Common Stock | Skr3.76 Million | 0.63% |
| Other Components | Skr562.03 Million | 94.12% |
| Total Equity | Skr597.15 Million | 100.00% |
Solnaberg Property AB Competitors by Market Cap
The table below lists competitors of Solnaberg Property AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PBA Holdings Bhd
KLSE:5041
|
$31.92 Million |
|
Neuroone Medical Technologies Corp
NASDAQ:NMTC
|
$31.93 Million |
|
FNC ADD CULTURE. Co. Ltd
KQ:063440
|
$31.93 Million |
|
Rockfields Property Indonesia Pt
JK:ROCK
|
$31.93 Million |
|
NORDISK BERGTEKNIK SER.B
F:9LY
|
$31.91 Million |
|
SICHUAN ENG.INV.DEV.H YC1
F:84H
|
$31.91 Million |
|
Litemax Electronics
TWO:4995
|
$31.89 Million |
|
COMAL S.P.A.
F:9NM
|
$31.88 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Solnaberg Property AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 151,178,145 to 597,149,000, a change of 445,970,855 (295.0%).
- Net income of 31,354,000 contributed positively to equity growth.
- Dividend payments of 20,680,000 reduced retained earnings.
- Other comprehensive income increased equity by 218,535,055.
- Other factors increased equity by 216,761,800.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr31.35 Million | +5.25% |
| Dividends Paid | Skr20.68 Million | -3.46% |
| Other Comprehensive Income | Skr218.54 Million | +36.6% |
| Other Changes | Skr216.76 Million | +36.3% |
| Total Change | Skr- | 295.00% |
Book Value vs Market Value Analysis
This analysis compares Solnaberg Property 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: 0.71x
- 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 1.17x to 0.71x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Skr96.84 | Skr113.00 | x |
| 2017-12-31 | Skr88.37 | Skr113.00 | x |
| 2018-12-31 | Skr81.73 | Skr113.00 | x |
| 2019-12-31 | Skr74.26 | Skr113.00 | x |
| 2020-12-31 | Skr65.98 | Skr113.00 | x |
| 2021-12-31 | Skr57.34 | Skr113.00 | x |
| 2022-12-31 | Skr46.81 | Skr113.00 | x |
| 2023-12-31 | Skr40.21 | Skr113.00 | x |
| 2024-12-31 | Skr158.82 | Skr113.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Solnaberg Property 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): 5.25%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 38.72%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 2.18x
- Recent ROE (5.25%) is above the historical average (0.77%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -1.53% | -44.77% | 0.01x | 2.48x | Skr-42.00 Million |
| 2017 | 1.73% | 10.19% | 0.06x | 2.64x | Skr-27.49 Million |
| 2018 | 1.67% | 8.67% | 0.07x | 2.81x | Skr-25.60 Million |
| 2019 | 0.70% | 3.21% | 0.07x | 3.07x | Skr-25.96 Million |
| 2020 | 1.86% | 7.35% | 0.08x | 3.35x | Skr-20.20 Million |
| 2021 | 2.36% | 7.94% | 0.08x | 3.80x | Skr-16.46 Million |
| 2022 | -1.13% | -3.09% | 0.08x | 4.51x | Skr-19.59 Million |
| 2023 | -3.99% | -7.94% | 0.10x | 4.97x | Skr-21.15 Million |
| 2024 | 5.25% | 38.72% | 0.06x | 2.18x | Skr-28.36 Million |
Industry Comparison
This section compares Solnaberg Property 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: $1,866,229,500
- Average return on equity (ROE) among peers: 9.73%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Solnaberg Property AB (SOLNA) | Skr593.30 Million | -1.53% | 1.24x | $31.91 Million |
| Akelius Residential Property AB (publ) (AKEL-D) | $2.83 Billion | -9.18% | 1.38x | $141.55 Million |
| Annehem Fastigheter AB (ANNE-B) | $389.30 Million | 14.54% | 1.60x | $43.12 Million |
| Bonasudden Holding AB (BONAS) | $320.42 Million | -7.58% | 1.43x | $17.42 Million |
| Brinova Fastigheter AB (publ) (BRIN-B) | $1.22 Billion | 8.06% | 1.69x | $39.66 Million |
| Eastnine AB (publ) (EAST) | $253.56 Million | 2.87% | 0.00x | $216.83 Million |
| Fastighetsbolaget Emilshus AB Pfd (EMIL-PREF) | $766.71 Million | 12.10% | 1.39x | $250.06 Million |
| Fabege AB (FABG) | $10.73 Billion | 24.76% | 1.41x | $1.30 Billion |
| Fastator AB (FASTAT) | $1.39 Billion | 34.74% | 1.28x | $1.85 Million |
| Fleming Properties AB (FLMNG) | $58.59 Million | 6.21% | 1.45x | $19.60 Million |
| Fortinova Fastigheter AB Series B (FNOVA-B) | $706.00 Million | 10.84% | 1.52x | $89.31 Million |