SolTech Energy Sweden AB (SOLT) - Net Assets

Latest as of September 2025: Skr662.84 Million SEK ≈ $71.33 Million USD

Based on the latest financial reports, SolTech Energy Sweden AB (SOLT) has net assets worth Skr662.84 Million SEK (≈ $71.33 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 (Skr2.08 Billion ≈ $223.34 Million USD) and total liabilities (Skr1.41 Billion ≈ $152.01 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 SOLT asset liquidity ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore SolTech Energy Sweden AB assets under control for the complete picture of this company's asset base.

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. For live valuation and market cap data, see SOLT stock market capitalisation.

Year Net Assets Change
2024-12-31 Skr755.87 Million
≈ $81.34 Million
-25.79%
2023-12-31 Skr1.02 Billion
≈ $109.62 Million
-9.64%
2022-12-31 Skr1.13 Billion
≈ $121.31 Million
+20.11%
2021-12-31 Skr938.52 Million
≈ $101.00 Million
+74.08%
2020-12-31 Skr539.13 Million
≈ $58.02 Million
+61.54%
2019-12-31 Skr333.74 Million
≈ $35.92 Million
+41.57%
2018-12-31 Skr235.74 Million
≈ $25.37 Million
+58.28%
2017-12-31 Skr148.94 Million
≈ $16.03 Million
+68.94%
2016-12-31 Skr88.16 Million
≈ $9.49 Million
+112.09%
2015-12-31 Skr41.57 Million
≈ $4.47 Million
+363.22%
2014-12-31 Skr8.97 Million
≈ $965.72K
+425.79%
2013-12-31 Skr1.71 Million
≈ $183.67K
+153.66%
2012-12-31 Skr672.84K
≈ $72.41K
-83.47%
2011-12-31 Skr4.07 Million
≈ $437.93K
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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
Nutriband Inc
NASDAQ:NTRB
$47.00 Million
Perusahaan Sadur Timah Malaysia Perstima Bhd
KLSE:5436
$47.00 Million
Plastiblends India Limited
NSE:PLASTIBLEN
$47.00 Million
Wolford Aktiengesellschaft
VI:WOL
$47.00 Million
Topmix Berhad
KLSE:0302
$46.97 Million
DiGiSPICE Technologies Limited
NSE:DIGISPICE
$46.97 Million
Madusari Murni Indah Tbk PT
JK:MOLI
$46.93 Million
Hojeon Ltd
KO:111110
$46.93 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: 0.06x
  • 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 16.27x to 0.06x 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 Skr0.33 x
2012-12-31 Skr0.00 Skr0.33 x
2013-12-31 Skr0.01 Skr0.33 x
2014-12-31 Skr0.36 Skr0.33 x
2015-12-31 Skr1.26 Skr0.33 x
2016-12-31 Skr2.44 Skr0.33 x
2017-12-31 Skr4.32 Skr0.33 x
2018-12-31 Skr2.73 Skr0.33 x
2019-12-31 Skr3.72 Skr0.33 x
2020-12-31 Skr6.27 Skr0.33 x
2021-12-31 Skr10.50 Skr0.33 x
2022-12-31 Skr10.63 Skr0.33 x
2023-12-31 Skr7.63 Skr0.33 x
2024-12-31 Skr5.65 Skr0.33 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: $163,894,562
  • Average return on equity (ROE) among peers: -57.54%

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 $46.98 Million
Absolicon Solar Collector AB Series B (ABSL-B) $109.89 Million -60.09% 0.20x $4.90 Million
Gigasun AB (GIGA) $187.14 Million 1.61% 2.61x $16.37 Million
Midsummer AB (publ) (MIDS) $194.65 Million -114.16% 1.66x $60.40 Million

About SolTech Energy Sweden AB

ST:SOLT Sweden Solar
Market Cap
$46.98 Million
Skr436.52 Million SEK
Market Cap Rank
#22117 Global
#412 in Sweden
Share Price
Skr0.33
Change (1 day)
-9.59%
52-Week Range
Skr0.07 - Skr3.02
All Time High
Skr40.01
About

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.