SolTech Energy Sweden AB
SolTech Energy Sweden AB (publ) develops, sells, and installs energy and solar cell solutions in Sweden and China. It offers its products for electrical engineering, facade, roofing/sheet metal, electric car charging, and the solar energy industries. The company was incorporated in 2006 and is based in Stockholm, Sweden.
SolTech Energy Sweden AB (SOLT) - Net Assets
Latest net assets as of September 2025: Skr662.84 Million SEK
Based on the latest financial reports, SolTech Energy Sweden AB (SOLT) has net assets worth Skr662.84 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 (Skr2.08 Billion) and total liabilities (Skr1.41 Billion). 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 | Skr662.84 Million |
| % of Total Assets | 31.94% |
| Annual Growth Rate | 49.45% |
| 5-Year Change | 40.2% |
| 10-Year Change | 1718.39% |
| Growth Volatility | 139.91 |
SolTech Energy Sweden AB - Net Assets Trend (2011–2024)
This chart illustrates how SolTech Energy Sweden 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 SolTech Energy Sweden AB (2011–2024)
The table below shows the annual net assets of SolTech Energy Sweden AB from 2011 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr755.87 Million | -25.79% |
| 2023-12-31 | Skr1.02 Billion | -9.64% |
| 2022-12-31 | Skr1.13 Billion | +20.11% |
| 2021-12-31 | Skr938.52 Million | +74.08% |
| 2020-12-31 | Skr539.13 Million | +61.54% |
| 2019-12-31 | Skr333.74 Million | +41.57% |
| 2018-12-31 | Skr235.74 Million | +58.28% |
| 2017-12-31 | Skr148.94 Million | +68.94% |
| 2016-12-31 | Skr88.16 Million | +112.09% |
| 2015-12-31 | Skr41.57 Million | +363.22% |
| 2014-12-31 | Skr8.97 Million | +425.79% |
| 2013-12-31 | Skr1.71 Million | +153.66% |
| 2012-12-31 | Skr672.84K | -83.47% |
| 2011-12-31 | Skr4.07 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to SolTech Energy Sweden 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 decreased by 88230764200.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr6.61 Million | 0.88% |
| Other Comprehensive Income | Skr62.92 Million | 8.42% |
| Other Components | Skr1.57 Billion | 210.26% |
| Total Equity | Skr747.56 Million | 100.00% |
SolTech Energy Sweden AB Competitors by Market Cap
The table below lists competitors of SolTech Energy Sweden AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
CPT Global Ltd
AU:CGO
|
$1.11 Million |
|
SHF Holdings Inc
NASDAQ:SHFS
|
$1.11 Million |
|
EQDOM
BC:EQDOM
|
$1.12 Million |
|
Dongbu Insurance Co. Ltd.
KQ:005830
|
$1.12 Million |
|
Acma Ltd
F:AAX1
|
$1.11 Million |
|
PT Utama Radar Cahaya Tbk
JK:RCCC
|
$1.11 Million |
|
Media Central Corporation Inc
PINK:FBOP
|
$1.11 Million |
|
Clean Energy Transition Inc.
V:TRAN
|
$1.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SolTech Energy Sweden AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,009,605,000 to 747,564,000, a change of -262,041,000 (-26.0%).
- Net loss of 277,890,000 reduced equity.
- Dividend payments of 7,670,000 reduced retained earnings.
- Other comprehensive income increased equity by 26,266,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-277.89 Million | -37.17% |
| Dividends Paid | Skr7.67 Million | -1.03% |
| Other Comprehensive Income | Skr26.27 Million | +3.51% |
| Other Changes | Skr-2.75 Million | -0.37% |
| Total Change | Skr- | -25.95% |
Book Value vs Market Value Analysis
This analysis compares SolTech Energy Sweden 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: 0.02x
- 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 4.68x to 0.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | Skr0.02 | Skr0.10 | x |
| 2012-12-31 | Skr0.00 | Skr0.10 | x |
| 2013-12-31 | Skr0.01 | Skr0.10 | x |
| 2014-12-31 | Skr0.36 | Skr0.10 | x |
| 2015-12-31 | Skr1.26 | Skr0.10 | x |
| 2016-12-31 | Skr2.44 | Skr0.10 | x |
| 2017-12-31 | Skr4.32 | Skr0.10 | x |
| 2018-12-31 | Skr2.73 | Skr0.10 | x |
| 2019-12-31 | Skr3.72 | Skr0.10 | x |
| 2020-12-31 | Skr6.27 | Skr0.10 | x |
| 2021-12-31 | Skr10.50 | Skr0.10 | x |
| 2022-12-31 | Skr10.63 | Skr0.10 | x |
| 2023-12-31 | Skr7.63 | Skr0.10 | x |
| 2024-12-31 | Skr5.65 | Skr0.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SolTech Energy Sweden 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): -37.17%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -11.55%
- • Asset Turnover: 1.15x
- • Equity Multiplier: 2.79x
- Recent ROE (-37.17%) is above the historical average (-177.74%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -282.83% | -359.50% | 0.42x | 1.88x | Skr-11.92 Million |
| 2012 | -1344.98% | -533.12% | 0.38x | 6.70x | Skr-9.12 Million |
| 2013 | -507.12% | -264.85% | 0.46x | 4.17x | Skr-8.83 Million |
| 2014 | -151.41% | -109.36% | 0.79x | 1.74x | Skr-14.48 Million |
| 2015 | -31.65% | -32.82% | 0.65x | 1.49x | Skr-17.31 Million |
| 2016 | -20.57% | -35.88% | 0.27x | 2.16x | Skr-26.28 Million |
| 2017 | -13.94% | -42.98% | 0.14x | 2.30x | Skr-35.04 Million |
| 2018 | -11.23% | -29.54% | 0.08x | 5.04x | Skr-30.01 Million |
| 2019 | -22.72% | -17.34% | 0.19x | 6.89x | Skr-65.94 Million |
| 2020 | -33.24% | -32.47% | 0.25x | 4.12x | Skr-183.39 Million |
| 2021 | 9.04% | 8.95% | 0.61x | 1.64x | Skr-8.65 Million |
| 2022 | -24.18% | -13.97% | 0.83x | 2.09x | Skr-381.47 Million |
| 2023 | -16.30% | -5.67% | 1.16x | 2.48x | Skr-265.53 Million |
| 2024 | -37.17% | -11.55% | 1.15x | 2.79x | Skr-352.65 Million |
Industry Comparison
This section compares SolTech Energy Sweden AB's net assets metrics with peer companies in the Solar industry.
Industry Context
- Industry: Solar
- Average net assets among peers: $106,591,165
- Average return on equity (ROE) among peers: -25.20%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SolTech Energy Sweden AB (SOLT) | Skr662.84 Million | -282.83% | 2.13x | $1.11 Million |
| Absolicon Solar Collector AB Series B (ABSL-B) | $109.89 Million | -60.09% | 0.20x | $3.29 Million |
| Gigasun AB (GIGA) | $187.14 Million | 1.61% | 2.61x | $3.91 Million |
| Midsummer AB (publ) (MIDS) | $100.27 Million | -40.18% | 2.51x | $19.38 Million |
| Windon Energy Group AB (WEG) | $29.06 Million | -2.16% | 0.00x | $845.84K |