Axfood AB (AXFO) — Tangible Net Worth Ratio
Axfood AB (AXFO) has a Tangible Net Worth Ratio of 68.9% as of December 2025. This metric is calculated by deducting intangible assets (Skr2.44 Billion) from net assets (Skr7.83 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore Axfood AB equity growth rate to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Axfood AB Tangible Net Worth Ratio (1998–2025)
This chart shows how Axfood AB's Tangible Net Worth Ratio has changed across 28 annual periods from 1998 to 2025. As of December 2025, the ratio stands at 68.9%, reflecting net assets of Skr7.83 Billion with intangible assets of Skr2.44 Billion SEK. For live market cap and overall valuation, see Axfood AB stock valuation.
Annual Tangible Net Worth Ratio for Axfood AB (1998–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Axfood AB from 1998 to 2025, covering 28 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore AXFO capital reinvestment ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (SEK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 68.9% | Skr7.83 Billion | Skr2.44 Billion | Skr36.91 Billion | ▲ +1.9 pp |
| 2024 | 67.0% | Skr7.39 Billion | Skr2.44 Billion | Skr35.43 Billion | ▼ -12.7 pp |
| 2023 | 79.7% | Skr7.18 Billion | Skr1.46 Billion | Skr30.02 Billion | ▲ +0.9 pp |
| 2022 | 78.8% | Skr6.90 Billion | Skr1.47 Billion | Skr28.62 Billion | ▲ +6.8 pp |
| 2021 | 72.0% | Skr5.18 Billion | Skr1.45 Billion | Skr23.73 Billion | ▼ -11.6 pp |
| 2020 | 83.6% | Skr4.56 Billion | Skr750.00 Million | Skr18.81 Billion | ▲ +0.2 pp |
| 2019 | 83.4% | Skr4.25 Billion | Skr705.00 Million | Skr17.29 Billion | ▼ -1.5 pp |
| 2018 | 84.9% | Skr4.53 Billion | Skr682.00 Million | Skr12.24 Billion | ▲ +0.9 pp |
| 2017 | 84.0% | Skr4.48 Billion | Skr717.00 Million | Skr11.47 Billion | ▼ -1.1 pp |
| 2016 | 85.1% | Skr4.12 Billion | Skr614.00 Million | Skr10.54 Billion | ▼ -0.2 pp |
| 2015 | 85.3% | Skr4.53 Billion | Skr668.00 Million | Skr10.54 Billion | ▲ +2.9 pp |
| 2014 | 82.4% | Skr4.07 Billion | Skr717.00 Million | Skr9.69 Billion | ▲ +4.6 pp |
| 2013 | 77.8% | Skr3.80 Billion | Skr845.00 Million | Skr8.93 Billion | ▲ +3.0 pp |
| 2012 | 74.8% | Skr3.50 Billion | Skr883.00 Million | Skr8.80 Billion | ▲ +1.0 pp |
| 2011 | 73.8% | Skr3.24 Billion | Skr848.00 Million | Skr8.28 Billion | ▼ -1.5 pp |
| 2010 | 75.3% | Skr2.97 Billion | Skr734.00 Million | Skr7.66 Billion | ▼ -1.8 pp |
| 2009 | 77.1% | Skr2.63 Billion | Skr604.00 Million | Skr7.17 Billion | ▼ -1.0 pp |
| 2008 | 78.0% | Skr2.26 Billion | Skr496.00 Million | Skr7.35 Billion | ▼ -7.1 pp |
| 2007 | 85.2% | Skr2.15 Billion | Skr319.00 Million | Skr6.61 Billion | ▼ -5.1 pp |
| 2006 | 90.2% | Skr2.42 Billion | Skr236.00 Million | Skr6.08 Billion | ▼ -4.4 pp |
| 2005 | 94.6% | Skr2.94 Billion | Skr159.00 Million | Skr7.57 Billion | ▼ -0.7 pp |
| 2004 | 95.3% | Skr2.63 Billion | Skr124.00 Million | Skr7.04 Billion | ▼ -0.4 pp |
| 2003 | 95.7% | Skr2.25 Billion | Skr97.00 Million | Skr6.98 Billion | ▼ -0.4 pp |
| 2002 | 96.1% | Skr1.81 Billion | Skr71.00 Million | Skr7.36 Billion | ▲ +2.0 pp |
| 2001 | 94.0% | Skr1.21 Billion | Skr72.00 Million | Skr7.77 Billion | ▲ +1.4 pp |
| 2000 | 92.6% | Skr855.00 Million | Skr63.00 Million | Skr7.62 Billion | ▼ -3.2 pp |
| 1999 | 95.9% | Skr367.90 Million | Skr15.20 Million | Skr1.04 Billion | ▲ +0.7 pp |
| 1998 | 95.2% | Skr315.90 Million | Skr15.20 Million | Skr911.60 Million | — |