Absolicon Solar Collector AB Series B

ST:ABSL-B Sweden Solar
Market Cap
$3.97 Million
Skr44.59 Million SEK
Market Cap Rank
#32703 Global
#503 in Sweden
Share Price
Skr5.76
Change (1 day)
+22.29%
52-Week Range
Skr1.95 - Skr13.70
All Time High
Skr274.52
About

Absolicon Solar Collector AB engages in the development, manufacture, and sale of solar energy systems worldwide. The company offers Absolicon T160, a solar collector that is used in various industries comprising textiles, brewery and beverages, tea, dairy, food processing, mining, desalination, chemical, pharmaceuticals, pulp and paper, and district heating; and field simulator. Absolicon Solar … Read more

Absolicon Solar Collector AB Series B (ABSL-B) - Total Assets

Latest total assets as of September 2025: Skr49.56 Million SEK

Based on the latest financial reports, Absolicon Solar Collector AB Series B (ABSL-B) holds total assets worth Skr49.56 Million SEK as of September 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.

Absolicon Solar Collector AB Series B - Total Assets Trend (2020–2024)

This chart illustrates how Absolicon Solar Collector AB Series B’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Absolicon Solar Collector AB Series B - Asset Composition Analysis

Current Asset Composition (December 2024)

Absolicon Solar Collector AB Series B's total assets of Skr49.56 Million consist of 51.9% current assets and 48.1% non-current assets.

Asset Category Amount (SEK) % of Total Assets
Cash & Equivalents Skr0.00 16.6%
Accounts Receivable Skr475.42K 0.7%
Inventory Skr13.10 Million 19.4%
Property, Plant & Equipment Skr0.00 0.0%
Intangible Assets Skr3.11 Million 4.6%
Goodwill Skr0.00 0.0%

Asset Composition Trend (2020–2024)

This chart illustrates how Absolicon Solar Collector AB Series B'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: Absolicon Solar Collector AB Series B's current assets represent 51.9% of total assets in 2024, an increase from 46.0% in 2020.
  • Cash Position: Cash and equivalents constituted 16.6% of total assets in 2024, up from 2.1% in 2020.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, a decrease from 9.0% in 2020.
  • Asset Diversification: The largest asset category is inventory at 19.4% of total assets.

Absolicon Solar Collector AB Series B Competitors by Total Assets

Key competitors of Absolicon Solar Collector AB Series B based on total assets are shown below.

Company Country Total Assets
Shenzhen Topraysolar Co Ltd
SHE:002218
China CN¥6.66 Billion
JA Solar Technology Co Ltd
SHE:002459
China CN¥105.38 Billion
GCL System Integration Technology Co Ltd
SHE:002506
China CN¥19.27 Billion
Changzhou Almaden Co Ltd
SHE:002623
China CN¥5.75 Billion
Hainan Drinda Automotive Trim Co Ltd
SHE:002865
China CN¥18.01 Billion
Hanwha Solutions
KO:009830
Korea ₩32.26 Trillion
Hanwha Chemical Corp Pref
KO:009835
Korea ₩32.26 Trillion
Trive Property Group Bhd
KLSE:0118
Malaysia RM126.77 Million

Absolicon Solar Collector AB Series B - 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

Historical Range: 0.02 - 0.08

Lower asset utilization - Absolicon Solar Collector AB Series B generates 0.08x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -123.13% - -20.40%

Negative ROA - Absolicon Solar Collector AB Series B is currently not profitable relative to its asset base.

Absolicon Solar Collector AB Series B - 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 4.41 2.53 2.99
Quick Ratio 1.61 1.38 2.34
Cash Ratio 0.00 0.00 0.00
Working Capital Skr15.32 Million Skr 17.74 Million Skr 41.36 Million

Absolicon Solar Collector AB Series B - Advanced Valuation Insights

This section examines the relationship between Absolicon Solar Collector AB Series B'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 1.35
Latest Market Cap to Assets Ratio 0.05
Asset Growth Rate (YoY) -21.9%
Total Assets Skr67.43 Million
Market Capitalization $3.29 Million USD

Valuation Analysis

Below Book Valuation: The market values Absolicon Solar Collector AB Series B's assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Absolicon Solar Collector AB Series B's assets decreased by 21.9% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Absolicon Solar Collector AB Series B (2020–2024)

The table below shows the annual total assets of Absolicon Solar Collector AB Series B from 2020 to 2024.

Year Total Assets Change
2024-12-31 Skr67.43 Million -21.91%
2023-12-31 Skr86.35 Million -34.55%
2022-12-31 Skr131.93 Million +38.64%
2021-12-31 Skr95.16 Million +4.46%
2020-12-31 Skr91.10 Million --