Fastighets AB Trianon (publ) (TRIAN-B) - Net Assets

Latest as of September 2025: Skr5.26 Billion SEK ≈ $565.58 Million USD

Based on the latest financial reports, Fastighets AB Trianon (publ) (TRIAN-B) has net assets worth Skr5.26 Billion SEK (≈ $565.58 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 (Skr13.52 Billion ≈ $1.45 Billion USD) and total liabilities (Skr8.26 Billion ≈ $888.95 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 TRIAN-B asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Skr5.26 Billion
% of Total Assets	38.88%
Annual Growth Rate	23.36%
5-Year Change	48.96%
10-Year Change	577.81%
Growth Volatility	19.86

Fastighets AB Trianon (publ) - Net Assets Trend (2013–2024)

This chart illustrates how Fastighets AB Trianon (publ)'s net assets have evolved over time, based on quarterly financial data. Also explore Fastighets AB Trianon (publ) assets under control for the complete picture of this company's asset base.

Annual Net Assets for Fastighets AB Trianon (publ) (2013–2024)

The table below shows the annual net assets of Fastighets AB Trianon (publ) from 2013 to 2024. For live valuation and market cap data, see Fastighets AB Trianon (publ) market cap and net worth.

Year	Net Assets	Change
2024-12-31	Skr5.42 Billion ≈ $582.74 Million	+7.86%
2023-12-31	Skr5.02 Billion ≈ $540.25 Million	-6.56%
2022-12-31	Skr5.37 Billion ≈ $578.21 Million	+2.46%
2021-12-31	Skr5.24 Billion ≈ $564.33 Million	+44.25%
2020-12-31	Skr3.64 Billion ≈ $391.21 Million	+24.63%
2019-12-31	Skr2.92 Billion ≈ $313.89 Million	+41.30%
2018-12-31	Skr2.06 Billion ≈ $222.15 Million	+14.01%
2017-12-31	Skr1.81 Billion ≈ $194.85 Million	+53.25%
2016-12-31	Skr1.18 Billion ≈ $127.15 Million	+47.89%
2015-12-31	Skr798.90 Million ≈ $85.97 Million	+37.79%
2014-12-31	Skr579.80 Million ≈ $62.40 Million	+7.80%
2013-12-31	Skr537.87 Million ≈ $57.88 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Fastighets AB Trianon (publ)'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 1228.7% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2024)

Component	Amount	Percentage
Retained Earnings	Skr3.33 Billion	61.48%
Common Stock	Skr125.20 Million	2.31%
Other Comprehensive Income	Skr50.60 Million	0.93%
Other Components	Skr1.91 Billion	35.27%
Total Equity	Skr5.42 Billion	100.00%

Fastighets AB Trianon (publ) Competitors by Market Cap

The table below lists competitors of Fastighets AB Trianon (publ) ranked by their market capitalization.

Company	Market Cap
Dinkelacker AG STU:DWB	$337.72 Million
NICE Holdings Co. Ltd KO:034310	$337.72 Million
Brunel International NV AS:BRNL	$337.73 Million
Autosports Group Ltd AU:ASG	$337.82 Million
Jiangsu GDK Biotechnology Co Ltd SHG:688670	$337.67 Million
Kingsway Financial Services Inc NYSE:KFS	$337.63 Million
Samchully KO:004690	$337.39 Million
Putnam Premier Income Trust NYSE:PPT	$337.35 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Fastighets AB Trianon (publ)'s equity between the two most recent reporting periods.

Equity Growth Insights

From 2023 to 2024, total equity changed from 5,020,200,000 to 5,415,000,000, a change of 394,800,000 (7.9%).
Net income of 224,800,000 contributed positively to equity growth.
Dividend payments of 8,100,000 reduced retained earnings.
Other comprehensive income decreased equity by 76,000,000.
Other factors increased equity by 254,100,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	Skr224.80 Million	+4.15%
Dividends Paid	Skr8.10 Million	-0.15%
Other Comprehensive Income	Skr-76.00 Million	-1.4%
Other Changes	Skr254.10 Million	+4.69%
Total Change	Skr-	7.86%

Book Value vs Market Value Analysis

This analysis compares Fastighets AB Trianon (publ)'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: 0.64x
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 4.30x to 0.64x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2013-12-31	Skr4.09	Skr17.60	x
2014-12-31	Skr4.41	Skr17.60	x
2015-12-31	Skr6.08	Skr17.60	x
2016-12-31	Skr8.99	Skr17.60	x
2017-12-31	Skr13.98	Skr17.60	x
2018-12-31	Skr14.39	Skr17.60	x
2019-12-31	Skr20.47	Skr17.60	x
2020-12-31	Skr23.87	Skr17.60	x
2021-12-31	Skr34.47	Skr17.60	x
2022-12-31	Skr34.15	Skr17.60	x
2023-12-31	Skr31.57	Skr17.60	x
2024-12-31	Skr27.64	Skr17.60	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Fastighets AB Trianon (publ) 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): 4.15%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 29.10%
• Asset Turnover: 0.05x
• Equity Multiplier: 2.64x
Recent ROE (4.15%) is below the historical average (13.10%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2013	9.22%	46.86%	0.07x	2.65x	Skr-4.21 Million
2014	9.71%	49.60%	0.07x	2.88x	Skr-1.68 Million
2015	20.03%	116.45%	0.06x	2.88x	Skr80.11 Million
2016	34.02%	230.45%	0.05x	2.94x	Skr283.75 Million
2017	18.15%	121.86%	0.05x	2.77x	Skr143.18 Million
2018	12.93%	74.25%	0.06x	3.05x	Skr57.96 Million
2019	10.94%	69.35%	0.05x	2.97x	Skr26.51 Million
2020	14.71%	93.94%	0.05x	2.92x	Skr166.47 Million
2021	25.01%	211.13%	0.05x	2.60x	Skr783.27 Million
2022	2.45%	16.90%	0.06x	2.57x	Skr-405.69 Million
2023	-4.11%	-27.33%	0.06x	2.71x	Skr-708.12 Million
2024	4.15%	29.10%	0.05x	2.64x	Skr-316.70 Million

Industry Comparison

This section compares Fastighets AB Trianon (publ)'s net assets metrics with peer companies in the Real Estate - Diversified industry.

Industry Context

Industry: Real Estate - Diversified
Average net assets among peers: $7,063,724,575
Average return on equity (ROE) among peers: 2.79%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Fastighets AB Trianon (publ) (TRIAN-B)	Skr5.26 Billion	9.22%	1.57x	$337.69 Million
Acrinova AB (ACRI-A)	$15.85 Million	-9.11%	5.35x	$25.56 Million
Acrinova AB Series B (ACRI-B)	$962.26 Million	3.73%	1.27x	$46.30 Million
ALM Equity AB (publ) (ALM)	$2.97 Billion	-66.69%	1.58x	$96.02 Million
ALM Equity AB Pfd. (ALM-PREF)	$803.64 Million	17.92%	1.46x	$154.08 Million
Fastighets AB Balder (publ) (BALD-B)	$25.05 Billion	19.62%	1.93x	$6.69 Billion
Catena AB (CATE)	$882.62 Million	13.65%	1.93x	$3.10 Billion
Cibus Nordic Real Estate AB (publ) (CIBUS)	$332.87 Million	9.10%	1.74x	$1.31 Billion
Corem Property Group AB (publ) (CORE-A)	$3.67 Billion	24.93%	2.30x	$39.90 Million
Corem Property Group AB (publ) (CORE-B)	$2.01 Billion	1.74%	2.43x	$455.23 Million
Corem Property Group AB (publ) (CORE-D)	$33.94 Billion	12.99%	1.72x	$190.39 Million

About Fastighets AB Trianon (publ)

ST:TRIAN-B Sweden Real Estate - Diversified

Market Cap

$337.69 Million

Skr3.14 Billion SEK

Market Cap Rank

#14507 Global

#223 in Sweden

Share Price

Skr17.60

Change (1 day)

+0.00%

52-Week Range

Skr17.00 - Skr20.55

All Time High

Skr84.14