Absolent Group AB

ST:ABSO Sweden Pollution & Treatment Controls
Market Cap
$187.70 Million
Skr2.11 Billion SEK
Market Cap Rank
#20440 Global
#221 in Sweden
Share Price
Skr186.00
Change (1 day)
-1.33%
52-Week Range
Skr179.50 - Skr283.00
All Time High
Skr565.59
About

Absolent Air Care Group AB (publ) designs, develops, sells, installs, and maintains air filtration units. Its air cleaning solutions are used to separate air pollutants across a range of industries, including aerospace, automotive, chemical, electronics, pharmaceuticals, woodworking, and food, as well as in power generation, contract manufacturing, dental laboratories, hotels, and restaurants. Th… Read more

Absolent Group AB (ABSO) - Total Assets

Latest total assets as of September 2025: Skr1.60 Billion SEK

Based on the latest financial reports, Absolent Group AB (ABSO) holds total assets worth Skr1.60 Billion 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.

Absolent Group AB - Total Assets Trend (2011–2024)

This chart illustrates how Absolent Group AB’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Absolent Group AB - Asset Composition Analysis

Current Asset Composition (December 2024)

Absolent Group AB's total assets of Skr1.60 Billion consist of 41.4% current assets and 58.6% non-current assets.

Asset Category Amount (SEK) % of Total Assets
Cash & Equivalents Skr255.83 Million 15.2%
Accounts Receivable Skr259.50 Million 15.5%
Inventory Skr160.44 Million 9.6%
Property, Plant & Equipment Skr227.63 Million 13.6%
Intangible Assets Skr81.64 Million 4.9%
Goodwill Skr656.11 Million 39.1%

Asset Composition Trend (2011–2024)

This chart illustrates how Absolent Group AB'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: Absolent Group AB's current assets represent 41.4% of total assets in 2024, a decrease from 47.2% in 2011.
  • Cash Position: Cash and equivalents constituted 15.2% of total assets in 2024, up from 13.7% in 2011.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 43.0% of total assets, an increase from 41.0% in 2011.
  • Asset Diversification: The largest asset category is goodwill at 39.1% of total assets.

Absolent Group AB Competitors by Total Assets

Key competitors of Absolent Group AB based on total assets are shown below.

Company Country Total Assets
Central Plains Environment Protection Co Ltd
SHE:000544
China CN¥42.97 Billion
Shenwu Energy Saving Co Ltd
SHE:000820
China CN¥582.54 Million
Brite Tech Bhd
KLSE:0011
Malaysia RM168.57 Million
Jinglv Envi Science & Tech Co
SHE:001230
China CN¥3.29 Billion
Kc Green Holdi
KO:009440
Korea ₩252.26 Billion
Cosmos Technology International Berhad
KLSE:0261
Malaysia RM64.35 Million
Kc Cottrell
KO:119650
Korea ₩265.66 Billion
China Ecotek Corp
TW:1535
Taiwan NT$6.96 Billion

Absolent Group AB - 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: 0.71 - 1.75

Strong asset utilization - Absolent Group AB generates 0.83x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -4.89% - 25.06%

Solid ROA - For every $100 in assets, Absolent Group AB generates $8.58 in net profit.

Absolent Group AB - 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 2.66 2.76 5.43
Quick Ratio 2.01 2.06 4.72
Cash Ratio 0.88 0.88 0.00
Working Capital Skr408.67 Million Skr 442.92 Million Skr 616.24 Million

Absolent Group AB - Advanced Valuation Insights

This section examines the relationship between Absolent Group AB'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 2.23
Latest Market Cap to Assets Ratio 0.04
Asset Growth Rate (YoY) -0.1%
Total Assets Skr1.68 Billion
Market Capitalization $59.39 Million USD

Valuation Analysis

Below Book Valuation: The market values Absolent Group AB's assets below their book value (0.04 x), which may indicate investor concerns about asset quality or future growth.

Slight Asset Contraction: Absolent Group AB's assets decreased by 0.1% over the past year, which may reflect streamlining or optimization of resources.

Annual Total Assets for Absolent Group AB (2011–2024)

The table below shows the annual total assets of Absolent Group AB from 2011 to 2024.

Year Total Assets Change
2024-12-31 Skr1.68 Billion -0.07%
2023-12-31 Skr1.68 Billion +0.81%
2022-12-31 Skr1.67 Billion +14.32%
2021-12-31 Skr1.46 Billion +29.32%
2020-12-31 Skr1.13 Billion +9.94%
2019-12-31 Skr1.02 Billion +112.80%
2018-12-31 Skr481.64 Million +27.61%
2017-12-31 Skr377.44 Million +33.37%
2016-12-31 Skr283.01 Million +24.09%
2015-12-31 Skr228.07 Million +36.88%
2014-12-31 Skr166.62 Million +15.54%
2013-12-31 Skr144.20 Million +3.37%
2012-12-31 Skr139.50 Million -8.21%
2011-12-31 Skr151.97 Million --