Tingsvalvet Fastighets AB (TINGS-A) - Net Assets
Based on the latest financial reports, Tingsvalvet Fastighets AB (TINGS-A) has net assets worth Skr1.07 Billion SEK (≈ $114.79 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 (Skr2.92 Billion ≈ $314.06 Million USD) and total liabilities (Skr1.85 Billion ≈ $199.27 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. Read total liabilities of Tingsvalvet Fastighets AB for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr1.07 Billion |
| % of Total Assets | 36.55% |
| Annual Growth Rate | 32.88% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 70.12 |
Tingsvalvet Fastighets AB - Net Assets Trend (2020–2024)
This chart illustrates how Tingsvalvet Fastighets AB's net assets have evolved over time, based on quarterly financial data. Also explore how large is Tingsvalvet Fastighets AB's balance sheet for the complete picture of this company's asset base.
Annual Net Assets for Tingsvalvet Fastighets AB (2020–2024)
The table below shows the annual net assets of Tingsvalvet Fastighets AB from 2020 to 2024. For live valuation and market cap data, see market value of Tingsvalvet Fastighets AB.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr976.27 Million ≈ $105.06 Million |
+22.81% |
| 2023-12-31 | Skr794.96 Million ≈ $85.55 Million |
+3.99% |
| 2022-12-31 | Skr764.47 Million ≈ $82.27 Million |
+166.10% |
| 2021-12-31 | Skr287.29 Million ≈ $30.92 Million |
-8.26% |
| 2020-12-31 | Skr313.14 Million ≈ $33.70 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tingsvalvet Fastighets 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 332.6% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | Skr1.03 Billion | 105.84% |
| Total Equity | Skr976.27 Million | 100.00% |
Tingsvalvet Fastighets AB Competitors by Market Cap
The table below lists competitors of Tingsvalvet Fastighets AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
SWISS PROPERTIES INV.100
F:SR1
|
$31.19 Million |
|
Avecho Biotechnology Ltd
AU:AVE
|
$31.19 Million |
|
Shankara Building Products Limited
NSE:SHANKARA
|
$31.20 Million |
|
Curo Holdings Co. Ltd
KQ:051780
|
$31.21 Million |
|
HydrogenPro AS
OL:HYPRO
|
$31.16 Million |
|
Hulamin
JSE:HLM
|
$31.15 Million |
|
Laird Superfood Inc
NYSE MKT:LSF
|
$31.13 Million |
|
Pennon Group Plc
LSE:PNN
|
$31.12 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tingsvalvet Fastighets AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 794,956,000 to 976,274,000, a change of 181,318,000 (22.8%).
- Net income of 47,189,000 contributed positively to equity growth.
- Dividend payments of 23,463,000 reduced retained earnings.
- New share issuances of 59,693,000 increased equity.
- Other factors increased equity by 97,899,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr47.19 Million | +4.83% |
| Dividends Paid | Skr23.46 Million | -2.4% |
| Share Issuances | Skr59.69 Million | +6.11% |
| Other Changes | Skr97.90 Million | +10.03% |
| Total Change | Skr- | 22.81% |
Book Value vs Market Value Analysis
This analysis compares Tingsvalvet Fastighets 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: 0.79x
- 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 increased from 0.44x to 0.79x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | Skr103.01 | Skr45.00 | x |
| 2021-12-31 | Skr94.50 | Skr45.00 | x |
| 2022-12-31 | Skr59.29 | Skr45.00 | x |
| 2023-12-31 | Skr61.65 | Skr45.00 | x |
| 2024-12-31 | Skr56.86 | Skr45.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tingsvalvet Fastighets 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): 4.83%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.05%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 2.59x
- Recent ROE (4.83%) is above the historical average (-0.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | -4.25% | -28.41% | 0.06x | 2.44x | Skr-44.61 Million |
| 2021 | -0.72% | -4.36% | 0.06x | 2.66x | Skr-30.80 Million |
| 2022 | -2.49% | -25.01% | 0.05x | 2.18x | Skr-95.48 Million |
| 2023 | -0.12% | -0.70% | 0.07x | 2.40x | Skr-80.41 Million |
| 2024 | 4.83% | 30.05% | 0.06x | 2.59x | Skr-50.44 Million |
Industry Comparison
This section compares Tingsvalvet Fastighets AB's net assets metrics with peer companies in the Real Estate - Development industry.
Industry Context
- Industry: Real Estate - Development
- Average net assets among peers: $3,039,624,833
- Average return on equity (ROE) among peers: 150.78%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tingsvalvet Fastighets AB (TINGS-A) | Skr1.07 Billion | -4.25% | 1.74x | $31.19 Million |
| Arlandastad Group AB (AGROUP) | $4.52 Billion | -3.02% | 0.64x | $273.65 Million |
| Atrium Ljungberg AB (publ) (ATRLJ-B) | $9.26 Billion | 17.67% | 1.21x | $1.95 Billion |
| Castellum AB (CAST) | $3.64 Billion | 10.87% | 2.14x | $6.25 Billion |
| Doxa AB (DOXA) | $23.32 Million | -144.07% | 0.22x | $58.38 Million |
| Prisma Properties (PRISMA) | $776.70 Million | 16.78% | 1.19x | $433.78 Million |
| Titania Holding AB Series B (TITA-B) | $14.63 Million | 1006.43% | 0.05x | $60.67 Million |
About Tingsvalvet Fastighets AB
Tingsvalvet Fastighets AB (publ), a real estate company, owns, manages, and leases office and commercial properties in Central Sweden. Tingsvalvet Fastighets AB (publ) was incorporated in 2018 and is headquartered in Eskilstuna, Sweden.