Garo AB (GARO) - Total Assets
Based on the latest financial reports, Garo AB (GARO) holds total assets worth Skr1.00 Billion SEK (≈ $108.15 Million USD) as of December 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. Check Garo AB (GARO) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Garo AB - Total Assets Trend (2013–2025)
This chart illustrates how Garo AB's total assets have evolved over time, based on quarterly financial data. Explore Garo AB (GARO) long-term investment share to see how much of total assets are deployed in long-term investments.
Garo AB - Asset Composition Analysis
Current Asset Composition (December 2025)
Garo AB's total assets of Skr1.00 Billion consist of 62.0% current assets and 38.0% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr17.00 Million | 1.7% |
| Accounts Receivable | Skr291.10 Million | 29.0% |
| Inventory | Skr314.70 Million | 31.3% |
| Property, Plant & Equipment | Skr242.30 Million | 24.1% |
| Intangible Assets | Skr62.90 Million | 6.3% |
| Goodwill | Skr45.50 Million | 4.5% |
Asset Composition Trend (2013–2025)
This chart illustrates how Garo 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. For live market cap, price, and company overview, see market cap of Garo AB.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Garo AB's current assets represent 62.0% of total assets in 2025, a decrease from 72.7% in 2013.
- Cash Position: Cash and equivalents constituted 1.7% of total assets in 2025, down from 3.9% in 2013.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 10.0% of total assets, an increase from 4.0% in 2013.
- Asset Diversification: The largest asset category is inventory at 31.3% of total assets.
Garo AB Competitors by Total Assets
Key competitors of Garo AB based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Sungrow Power Supply Co Ltd
SHE:300274
|
China | CN¥121.86 Billion |
|
Nantong Jianghai Capacitor Co Ltd
SHE:002484
|
China | CN¥8.78 Billion |
|
Sinomag Technology Co Ltd
SHE:300835
|
China | CN¥2.38 Billion |
|
Zhejiang HangKe Technology Co Ltd
SHG:688006
|
China | CN¥9.85 Billion |
|
Suzhou K-Hiragawa Electronic Technology Co. Ltd. A
SHG:603052
|
China | CN¥1.73 Billion |
|
Xiamen Kehua Hengsheng
SHE:002335
|
China | CN¥13.73 Billion |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
China | CN¥4.04 Billion |
|
Wuxi Dk Electronic Materials Co Ltd
SHE:300842
|
China | CN¥12.90 Billion |
Garo 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 | 1.48 | 1.61 | 2.07 |
| Quick Ratio | 0.73 | 0.74 | 1.33 |
| Cash Ratio | 0.04 | 0.04 | 0.00 |
| Working Capital | Skr201.80 Million | Skr265.20 Million | Skr283.50 Million |
Garo AB - Advanced Valuation Insights
This section examines the relationship between Garo 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 | 1.12 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -9.6% |
| Total Assets | Skr1.00 Billion |
| Market Capitalization | $64.25 Million USD |
Valuation Analysis
Below Book Valuation: The market values Garo AB's assets below their book value (0.06x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Garo AB's assets decreased by 9.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Garo AB (2013–2025)
The table below shows the annual total assets of Garo AB from 2013 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | Skr1.00 Billion ≈ $108.15 Million |
-9.63% |
| 2024-12-31 | Skr1.11 Billion ≈ $119.68 Million |
-7.22% |
| 2023-12-31 | Skr1.20 Billion ≈ $128.99 Million |
+3.91% |
| 2022-12-31 | Skr1.15 Billion ≈ $124.14 Million |
+23.12% |
| 2021-12-31 | Skr936.90 Million ≈ $100.83 Million |
+26.05% |
| 2020-12-31 | Skr743.30 Million ≈ $79.99 Million |
+13.07% |
| 2019-12-31 | Skr657.40 Million ≈ $70.75 Million |
+16.19% |
| 2018-12-31 | Skr565.80 Million ≈ $60.89 Million |
+5.97% |
| 2017-12-31 | Skr533.90 Million ≈ $57.46 Million |
+42.75% |
| 2016-12-31 | Skr374.00 Million ≈ $40.25 Million |
+18.77% |
| 2015-12-31 | Skr314.90 Million ≈ $33.89 Million |
+12.54% |
| 2014-12-31 | Skr279.80 Million ≈ $30.11 Million |
+8.49% |
| 2013-12-31 | Skr257.90 Million ≈ $27.75 Million |
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About Garo AB
Garo Aktiebolag (publ), together with its subsidiaries, develops, manufactures, and markets electrical installation materials in Sweden, Norway, Ireland, the United Kingdom, Finland, Denmark, Austria, Poland, Belgium, and internationally. The company's E-mobility business markets destination charging for electric cars, chargeable hybrid cars, and heavy electrically driven vehicle traffic, which o… Read more