Axfood AB (publ)
Axfood AB (publ) engages in the food retail and wholesale businesses primarily in Sweden. It operates through five segments: Willys, Hemköp, City Gross, Snabbgross, and Dagab. The company sells groceries through Willys, HANDLAR'N, Hemköp, and Eurocash, City Gross, Tempo, and Tempo store chains. It is also involved in the e-commerce business; and provision of private label products. In addition, i… Read more
Axfood AB (publ) (AXL1) - Total Assets
Latest total assets as of June 2025: €36.14 Billion EUR
Based on the latest financial reports, Axfood AB (publ) (AXL1) holds total assets worth €36.14 Billion EUR as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Axfood AB (publ) - Total Assets Trend (2016–2024)
This chart illustrates how Axfood AB (publ)’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Axfood AB (publ) - Asset Composition Analysis
Current Asset Composition (December 2024)
Axfood AB (publ)'s total assets of €36.14 Billion consist of 24.9% current assets and 75.2% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 2.1% |
| Accounts Receivable | €1.53 Billion | 4.3% |
| Inventory | €4.89 Billion | 13.8% |
| Property, Plant & Equipment | €0.00 | 0.0% |
| Intangible Assets | €2.44 Billion | 6.9% |
| Goodwill | €4.77 Billion | 13.5% |
Asset Composition Trend (2016–2024)
This chart illustrates how Axfood AB (publ)'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Axfood AB (publ)'s current assets represent 24.9% of total assets in 2024, a decrease from 57.5% in 2016.
- Cash Position: Cash and equivalents constituted 2.1% of total assets in 2024, down from 16.4% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 19.0% of total assets, a decrease from 22.0% in 2016.
- Asset Diversification: The largest asset category is inventory at 13.8% of total assets.
Axfood AB (publ) Competitors by Total Assets
Key competitors of Axfood AB (publ) based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Renrenle Commercial Group Co Ltd
SHE:002336
|
China | CN¥1.57 Billion |
|
BGF Retail Co Ltd
KO:282330
|
Korea | ₩3.58 Trillion |
|
President Chain Store Corp
TW:2912
|
Taiwan | NT$292.63 Billion |
|
Simple Mart Retail Co Ltd
TW:2945
|
Taiwan | NT$6.26 Billion |
|
7 Eleven Malaysia Holdings Bhd
KLSE:5250
|
Malaysia | RM2.55 Billion |
|
Sanjiang Shopping Club Co Ltd
SHG:601116
|
China | CN¥5.07 Billion |
|
Shanghai Laiyifen Co Ltd
SHG:603777
|
China | CN¥3.04 Billion |
|
Shenyang Toly Bread Co Ltd
SHG:603866
|
China | CN¥7.31 Billion |
Axfood AB (publ) - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - Axfood AB (publ) generates 2.37x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, Axfood AB (publ) generates $6.19 in net profit.
Axfood AB (publ) - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.59 | 0.61 | 0.72 |
| Quick Ratio | 0.24 | 0.32 | 0.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €-6.18 Billion | € -5.66 Billion | € -2.10 Billion |
Axfood AB (publ) - Advanced Valuation Insights
This section examines the relationship between Axfood AB (publ)'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 8.99 |
| Latest Market Cap to Assets Ratio | 0.10 |
| Asset Growth Rate (YoY) | 18.0% |
| Total Assets | €35.43 Billion |
| Market Capitalization | $3.39 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Axfood AB (publ)'s assets below their book value (0.10 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Axfood AB (publ)'s assets grew by 18.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Axfood AB (publ) (2016–2024)
The table below shows the annual total assets of Axfood AB (publ) from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | €35.43 Billion | +18.04% |
| 2023-12-31 | €30.02 Billion | +4.89% |
| 2022-12-31 | €28.62 Billion | +20.59% |
| 2021-12-31 | €23.73 Billion | +26.13% |
| 2020-12-31 | €18.81 Billion | +8.80% |
| 2019-12-31 | €17.29 Billion | +41.24% |
| 2018-12-31 | €12.24 Billion | +6.76% |
| 2017-12-31 | €11.47 Billion | +8.82% |
| 2016-12-31 | €10.54 Billion | -- |