Fortinova Fastigheter AB Series B
Fortinova Fastigheter AB (Publ) acquires, develops, and manages residential properties in Sweden. The company was incorporated in 2010 and is headquartered in Varberg, Sweden.
Fortinova Fastigheter AB Series B (FNOVA-B) - Total Assets
Latest total assets as of August 2025: Skr5.52 Billion SEK
Based on the latest financial reports, Fortinova Fastigheter AB Series B (FNOVA-B) holds total assets worth Skr5.52 Billion SEK as of August 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.
Fortinova Fastigheter AB Series B - Total Assets Trend (2018–2024)
This chart illustrates how Fortinova Fastigheter AB Series B’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Fortinova Fastigheter AB Series B - Asset Composition Analysis
Current Asset Composition (August 2024)
Fortinova Fastigheter AB Series B's total assets of Skr5.52 Billion consist of 6.6% current assets and 93.4% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 4.5% |
| Accounts Receivable | Skr6.90 Million | 0.1% |
| Inventory | Skr96.40 Million | 1.8% |
| Property, Plant & Equipment | Skr0.00 | 0.0% |
| Intangible Assets | Skr0.00 | 0.0% |
| Goodwill | Skr0.00 | 0.0% |
Asset Composition Trend (2018–2024)
This chart illustrates how Fortinova Fastigheter 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: Fortinova Fastigheter AB Series B's current assets represent 6.6% of total assets in 2024, an increase from 3.3% in 2018.
- Cash Position: Cash and equivalents constituted 4.5% of total assets in 2024, up from 3.0% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2018.
- Asset Diversification: The largest asset category is inventory at 1.8% of total assets.
Fortinova Fastigheter AB Series B Competitors by Total Assets
Key competitors of Fortinova Fastigheter AB Series B based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aurora Eiendom A.S.
OL:AURA
|
Norway | Nkr9.08 Billion |
|
PT Multisarana Intan Eduka Tbk
JK:MSIE
|
Indonesia | Rp124.39 Billion |
|
Shenzhen SEG Co Ltd
SHE:000058
|
China | CN¥5.05 Billion |
|
Beijing Mainstreets Investment
SHE:000609
|
China | CN¥1.92 Billion |
|
5I5j Holding Group Co Ltd
SHE:000560
|
China | CN¥26.38 Billion |
|
DongGuan Winnerway Industrial Zone Ltd
SHE:000573
|
China | CN¥2.14 Billion |
|
Rongfeng Holding Group
SHE:000668
|
China | CN¥1.28 Billion |
|
Sanxiang Co Ltd
SHE:000863
|
China | CN¥5.88 Billion |
Fortinova Fastigheter 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
Lower asset utilization - Fortinova Fastigheter AB Series B generates 0.07x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Fortinova Fastigheter AB Series B generates $ 2.16 in net profit.
Fortinova Fastigheter 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 | 0.65 | 0.49 | 19.04 |
| Quick Ratio | 0.47 | 0.35 | 19.04 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Skr-182.20 Million | Skr -346.40 Million | Skr 46.90 Million |
Fortinova Fastigheter AB Series B - Advanced Valuation Insights
This section examines the relationship between Fortinova Fastigheter 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 | 0.59 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 0.1% |
| Total Assets | Skr5.27 Billion |
| Market Capitalization | $89.31 Million USD |
Valuation Analysis
Below Book Valuation: The market values Fortinova Fastigheter AB Series B's assets below their book value (0.02 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Fortinova Fastigheter AB Series B's assets grew by 0.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Fortinova Fastigheter AB Series B (2018–2024)
The table below shows the annual total assets of Fortinova Fastigheter AB Series B from 2018 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-08-31 | Skr5.27 Billion | +0.10% |
| 2023-08-31 | Skr5.26 Billion | +0.20% |
| 2022-08-31 | Skr5.25 Billion | +32.15% |
| 2021-08-31 | Skr3.97 Billion | +62.70% |
| 2020-08-31 | Skr2.44 Billion | +37.35% |
| 2019-08-31 | Skr1.78 Billion | +11.85% |
| 2018-08-31 | Skr1.59 Billion | -- |