Veg of Lund AB (VOLAB) - Net Assets
Based on the latest financial reports, Veg of Lund AB (VOLAB) has net assets worth Skr50.43 Million SEK (≈ $5.43 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 (Skr57.10 Million ≈ $6.14 Million USD) and total liabilities (Skr6.67 Million ≈ $717.69K 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 Veg of Lund AB for a breakdown of total debt and financial obligations.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr50.43 Million |
| % of Total Assets | 88.32% |
| Annual Growth Rate | 47.69% |
| 5-Year Change | 766.25% |
| 10-Year Change | N/A |
| Growth Volatility | 461.46 |
Veg of Lund AB - Net Assets Trend (2016–2024)
This chart illustrates how Veg of Lund AB's net assets have evolved over time, based on quarterly financial data. Also explore VOLAB total assets for the complete picture of this company's asset base.
Annual Net Assets for Veg of Lund AB (2016–2024)
The table below shows the annual net assets of Veg of Lund AB from 2016 to 2024. For live valuation and market cap data, see Veg of Lund AB market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Skr55.18 Million ≈ $5.94 Million |
+31.79% |
| 2023-12-31 | Skr41.87 Million ≈ $4.51 Million |
+557.32% |
| 2022-12-31 | Skr6.37 Million ≈ $685.51K |
-67.38% |
| 2021-12-31 | Skr19.53 Million ≈ $2.10 Million |
+206.58% |
| 2020-12-31 | Skr6.37 Million ≈ $685.51K |
+529.25% |
| 2019-12-31 | Skr-1.48 Million ≈ $-159.70K |
-111.73% |
| 2018-12-31 | Skr12.65 Million ≈ $1.36 Million |
+1259.18% |
| 2017-12-31 | Skr931.00K ≈ $100.19K |
-61.80% |
| 2016-12-31 | Skr2.44 Million ≈ $262.26K |
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Equity Component Analysis
This analysis shows how different components contribute to Veg of Lund 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 2800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Skr9.24 Million | 16.75% |
| Other Components | Skr45.94 Million | 83.25% |
| Total Equity | Skr55.18 Million | 100.00% |
Veg of Lund AB Competitors by Market Cap
The table below lists competitors of Veg of Lund AB ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Atlas Corp
NASDAQ:ATCOL
|
$240.21K |
|
TOOSLA SA EO-08125
F:W6Q
|
$241.20K |
|
Southstone Minerals Ltd
V:SML
|
$241.62K |
|
Atlantis Resources Ltd
LSE:SAE
|
$241.85K |
|
First Eagle Alternative Capital BDC Inc
NYSE:FCRX
|
$238.29K |
|
Murray & Roberts Holdings Ltd
JSE:MUR
|
$238.01K |
|
TARGA EXPLORATION CORP.
F:V6Y
|
$237.86K |
|
First Merchants Corporation Depository Shares
NASDAQ:FRMEP
|
$236.91K |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Veg of Lund AB's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 41,871,000 to 55,180,000, a change of 13,309,000 (31.8%).
- Net loss of 17,965,000 reduced equity.
- New share issuances of 34,884,000 increased equity.
- Other comprehensive income increased equity by 87,412,000.
- Other factors decreased equity by 91,022,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr-17.96 Million | -32.56% |
| Share Issuances | Skr34.88 Million | +63.22% |
| Other Comprehensive Income | Skr87.41 Million | +158.41% |
| Other Changes | Skr-91.02 Million | -164.95% |
| Total Change | Skr- | 31.79% |
Book Value vs Market Value Analysis
This analysis compares Veg of Lund 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: 0.08x
- 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 0.30x to 0.08x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Skr0.18 | Skr0.05 | x |
| 2017-12-31 | Skr0.07 | Skr0.05 | x |
| 2018-12-31 | Skr0.92 | Skr0.05 | x |
| 2019-12-31 | Skr-0.11 | Skr0.05 | x |
| 2020-12-31 | Skr0.36 | Skr0.05 | x |
| 2021-12-31 | Skr0.99 | Skr0.05 | x |
| 2022-12-31 | Skr0.41 | Skr0.05 | x |
| 2023-12-31 | Skr1.44 | Skr0.05 | x |
| 2024-12-31 | Skr0.71 | Skr0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Veg of Lund 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): -32.56%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -1885.10%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 1.07x
- Recent ROE (-32.56%) is above the historical average (-162.60%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | -11.41% | 0.00% | 0.00x | 1.03x | Skr-521.70K |
| 2017 | -173.15% | -244.36% | 0.60x | 1.18x | Skr-1.71 Million |
| 2018 | -37.74% | -530.67% | 0.07x | 1.06x | Skr-6.04 Million |
| 2019 | 0.00% | -713.30% | 0.28x | 0.00x | Skr-14.39 Million |
| 2020 | -288.04% | -1558.88% | 0.13x | 1.42x | Skr-18.98 Million |
| 2021 | -121.63% | -923.20% | 0.10x | 1.33x | Skr-25.71 Million |
| 2022 | -749.94% | -1880.01% | 0.14x | 2.84x | Skr-48.41 Million |
| 2023 | -48.97% | -425.64% | 0.09x | 1.29x | Skr-24.69 Million |
| 2024 | -32.56% | -1885.10% | 0.02x | 1.07x | Skr-23.48 Million |
Industry Comparison
This section compares Veg of Lund AB's net assets metrics with peer companies in the Packaged Foods industry.
Industry Context
- Industry: Packaged Foods
- Average net assets among peers: $2,537,379,322
- Average return on equity (ROE) among peers: 5.57%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Veg of Lund AB (VOLAB) | Skr50.43 Million | -11.41% | 0.13x | $239.80K |
| AAK AB (AAK) | $9.74 Billion | 16.05% | 1.29x | $7.38 Billion |
| Humble Group AB (HUMBLE) | $4.89 Billion | 0.35% | 0.80x | $352.54 Million |
| Lohilo Foods AB (LOHILO) | $4.04 Million | 47.61% | 2.15x | $6.57 Million |
| Midsona AB (publ) (MSON-A) | $710.00 Million | 7.18% | 0.65x | $624.80K |
| Midsona AB (publ) (MSON-B) | $877.00 Million | 7.53% | 0.77x | $192.72 Million |
| New Nordic Healthbrands AB (publ) (NNH) | $8.47 Million | -48.23% | 9.83x | $10.73 Million |
| Scandi Standard publ AB (SCST) | $1.06 Billion | 26.57% | 0.99x | $1.05 Billion |
| Swedencare publ AB (SECARE) | $8.03 Billion | 1.23% | 0.28x | $462.72 Million |
| Skane mollan AB (SKMO) | $57.00 Million | 19.30% | 0.62x | $65.11 Million |
| Premium Snacks Nordic AB (SNX) | $4.38 Million | -21.88% | 1.84x | $61.70 Million |
About Veg of Lund AB
Veg of Lund AB (publ) operates as a food development company. The company produces a vegetarian emulsion consisting of potatoes and rapeseed oil. It develops My Foodie, a vegetable milk alternative and a foody smoothie that is intended as a snack; vegetable soups; sauces; and a probiotic variant of My Foodie. The company sells its My Foodie products to grocery stores in Sweden and the United King… Read more