Spago Nanomedical AB
Spago Nanomedical AB (publ), a clinical phase nanomedicine company, engages in the development of nanomedicines for cancer diagnostics and treatment primarily in Sweden. Its products include SpagoPix (SN132D), an MRI contrast agent, which is under Phase I development stage for the treatment of breast cancer, and under Phase II development stage for the treatment liver and pancreas cancer, as well… Read more
Spago Nanomedical AB (SPAGO) - Net Assets
Latest net assets as of December 2025: Skr30.75 Million SEK
Based on the latest financial reports, Spago Nanomedical AB (SPAGO) has net assets worth Skr30.75 Million SEK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr36.68 Million) and total liabilities (Skr5.94 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 | Skr30.75 Million |
| % of Total Assets | 83.82% |
| Annual Growth Rate | 6.43% |
| 5-Year Change | -83.36% |
| 10-Year Change | -57.21% |
| Growth Volatility | 64.74 |
Spago Nanomedical AB - Net Assets Trend (2011–2025)
This chart illustrates how Spago Nanomedical 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 Spago Nanomedical AB (2011–2025)
The table below shows the annual net assets of Spago Nanomedical AB from 2011 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr30.75 Million | -7.49% |
| 2024-12-31 | Skr33.23 Million | -19.56% |
| 2023-12-31 | Skr41.32 Million | -79.04% |
| 2022-12-31 | Skr197.16 Million | +6.68% |
| 2021-12-31 | Skr184.81 Million | +15.74% |
| 2020-12-31 | Skr159.67 Million | +16.02% |
| 2019-12-31 | Skr137.63 Million | +12.61% |
| 2018-12-31 | Skr122.22 Million | +13.40% |
| 2017-12-31 | Skr107.78 Million | +50.02% |
| 2016-12-31 | Skr71.84 Million | +9.84% |
| 2015-12-31 | Skr65.41 Million | +16.69% |
| 2014-12-31 | Skr56.05 Million | +46.82% |
| 2013-12-31 | Skr38.18 Million | -9.64% |
| 2012-12-31 | Skr42.25 Million | +228.96% |
| 2011-12-31 | Skr12.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Spago Nanomedical 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 71500000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr6.62 Million | 21.52% |
| Other Comprehensive Income | Skr-384.00K | -1.25% |
| Other Components | Skr24.51 Million | 79.73% |
| Total Equity | Skr30.75 Million | 100.00% |
Spago Nanomedical AB Competitors by Market Cap
The table below lists competitors of Spago Nanomedical AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Southern ITS International Inc
PINK:SITS
|
$4.16 Million |
|
Spectrumone publ AB
ST:SPEONE
|
$4.16 Million |
|
Kumwell Corporation Public Company Limited
BK:KUMWEL
|
$4.16 Million |
|
AUTO NEJIMA
BC:AUTO-NEJIMA
|
$4.16 Million |
|
Comelf SA
RO:CMF
|
$4.16 Million |
|
Streamplay Studio Ltd
AU:SP8
|
$4.16 Million |
|
Shiva Texyarn Limited
NSE:SHIVATEX
|
$4.16 Million |
|
Sung Gang Asset Management Ltd
TWO:6240
|
$4.16 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Spago Nanomedical AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 33,235,000 to 30,746,000, a change of -2,489,000 (-7.5%).
- Net loss of 26,554,000 reduced equity.
- Other comprehensive income increased equity by 251,966,000.
- Other factors decreased equity by 227,901,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-26.55 Million | -86.37% |
| Other Comprehensive Income | Skr251.97 Million | +819.51% |
| Other Changes | Skr-227.90 Million | -741.24% |
| Total Change | Skr- | -7.49% |
Book Value vs Market Value Analysis
This analysis compares Spago Nanomedical 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: 1.34x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.00x to 1.34x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2011-12-31 | Skr27.37 | Skr0.11 | x |
| 2012-12-31 | Skr5.02 | Skr0.11 | x |
| 2013-12-31 | Skr4.53 | Skr0.11 | x |
| 2014-12-31 | Skr5.13 | Skr0.11 | x |
| 2015-12-31 | Skr4.88 | Skr0.11 | x |
| 2016-12-31 | Skr3.93 | Skr0.11 | x |
| 2017-12-31 | Skr4.74 | Skr0.11 | x |
| 2018-12-31 | Skr2.77 | Skr0.11 | x |
| 2019-12-31 | Skr3.06 | Skr0.11 | x |
| 2020-12-31 | Skr2.75 | Skr0.11 | x |
| 2021-12-31 | Skr2.21 | Skr0.11 | x |
| 2022-12-31 | Skr1.04 | Skr0.11 | x |
| 2023-12-31 | Skr0.21 | Skr0.11 | x |
| 2024-12-31 | Skr0.11 | Skr0.11 | x |
| 2025-12-31 | Skr0.08 | Skr0.11 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Spago Nanomedical 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): -86.37%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -6076.43%
- • Asset Turnover: 0.01x
- • Equity Multiplier: 1.19x
- Recent ROE (-86.37%) is below the historical average (-29.00%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2011 | -5.57% | -72.88% | 0.04x | 1.97x | Skr-2.00 Million |
| 2012 | -10.92% | -2078.83% | 0.00x | 1.27x | Skr-8.84 Million |
| 2013 | -14.08% | -2286.84% | 0.00x | 1.56x | Skr-8.92 Million |
| 2014 | -11.65% | -11353.70% | 0.00x | 1.44x | Skr-11.39 Million |
| 2015 | -10.39% | -90.37% | 0.10x | 1.14x | Skr-13.33 Million |
| 2016 | -10.49% | -13000.00% | 0.00x | 1.11x | Skr-14.72 Million |
| 2017 | -8.77% | -20121.28% | 0.00x | 1.04x | Skr-20.23 Million |
| 2018 | -9.08% | -37.42% | 0.23x | 1.03x | Skr-23.31 Million |
| 2019 | -14.74% | -67600.00% | 0.00x | 1.02x | Skr-34.04 Million |
| 2020 | -11.84% | -5527.19% | 0.00x | 1.02x | Skr-34.87 Million |
| 2021 | -21.14% | -5920.45% | 0.00x | 1.04x | Skr-57.56 Million |
| 2022 | -19.94% | -3729.51% | 0.01x | 1.04x | Skr-59.02 Million |
| 2023 | -102.19% | -3509.81% | 0.02x | 1.28x | Skr-46.35 Million |
| 2024 | -97.82% | -1701.15% | 0.05x | 1.19x | Skr-35.83 Million |
| 2025 | -86.37% | -6076.43% | 0.01x | 1.19x | Skr-29.63 Million |
Industry Comparison
This section compares Spago Nanomedical AB's net assets metrics with peer companies in the Biotechnology industry.
Industry Context
- Industry: Biotechnology
- Average net assets among peers: $60,327,288
- Average return on equity (ROE) among peers: -132.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Spago Nanomedical AB (SPAGO) | Skr30.75 Million | -5.57% | 0.19x | $4.16 Million |
| 2cureX AB (2CUREX) | $20.24 Million | -15.50% | 0.13x | $1.38 Million |
| Abliva AB (ABLI) | $63.04 Million | -23.59% | 0.13x | $46.60 Million |
| Ascelia Pharma AB (publ) (ACE) | $180.86 Million | -72.56% | 0.21x | $25.35 Million |
| AcouSort AB (ACOU) | $20.11 Million | -65.68% | 1.12x | $4.82 Million |
| Active Biotech AB (ACTI) | $162.30 Million | -107.35% | 0.93x | $3.55 Million |
| Alzinova AB (ALZ) | $29.39 Million | -8.53% | 0.08x | $4.19 Million |
| AlzeCure Pharma (ALZCUR) | $110.75 Million | -64.44% | 0.06x | $12.56 Million |
| Annexin Pharmaceuticals AB (ANNX) | $20.64 Million | -216.80% | 0.22x | $4.92 Million |
| Alligator Bioscience AB (ATORX) | $6.86 Million | -748.65% | 15.13x | $723.60K |
| Biosergen AS (BIOSGN) | $-10.92 Million | 0.00% | 0.00x | $2.76 Million |