Midsummer AB (publ)
Midsummer AB (publ) develops, manufactures, and sells solar panels to industrial and commercial properties, public sector organizations, private individuals, and roof and solar cell installers. It offers Midsummer DUO, a ready-made manufacturing system to produce cadmium-free thin-film solar cells; Midsummer UNO, a tool for thin films used for solar cell research; Midsummer SLIM, a solar roof tha… Read more
Midsummer AB (publ) (MIDS) - Total Assets
Latest total assets as of September 2025: Skr423.20 Million SEK
Based on the latest financial reports, Midsummer AB (publ) (MIDS) holds total assets worth Skr423.20 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.
Midsummer AB (publ) - Total Assets Trend (2012–2024)
This chart illustrates how Midsummer AB (publ)’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Midsummer AB (publ) - Asset Composition Analysis
Current Asset Composition (December 2024)
Midsummer AB (publ)'s total assets of Skr423.20 Million consist of 34.1% current assets and 65.9% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr8.46 Million | 2.0% |
| Accounts Receivable | Skr75.49 Million | 18.1% |
| Inventory | Skr42.89 Million | 10.3% |
| Property, Plant & Equipment | Skr222.55 Million | 53.2% |
| Intangible Assets | Skr52.60 Million | 12.6% |
| Goodwill | Skr0.00 | 0.0% |
Asset Composition Trend (2012–2024)
This chart illustrates how Midsummer 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: Midsummer AB (publ)'s current assets represent 34.1% of total assets in 2024, a decrease from 52.7% in 2012.
- Cash Position: Cash and equivalents constituted 2.0% of total assets in 2024, down from 8.9% in 2012.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 12.0% of total assets, an increase from 1.0% in 2012.
- Asset Diversification: The largest asset category is property, plant & equipment at 53.2% of total assets.
Midsummer AB (publ) Competitors by Total Assets
Key competitors of Midsummer AB (publ) 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 |
Midsummer 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
Lower asset utilization - Midsummer AB (publ) generates 0.12x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Midsummer AB (publ) is currently not profitable relative to its asset base.
Midsummer 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 | 1.21 | 1.72 | 7.16 |
| Quick Ratio | 1.00 | 1.28 | 6.67 |
| Cash Ratio | 0.20 | 0.41 | 0.00 |
| Working Capital | Skr25.76 Million | Skr 68.24 Million | Skr 338.49 Million |
Midsummer AB (publ) - Advanced Valuation Insights
This section examines the relationship between Midsummer 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 | 5.73 |
| Latest Market Cap to Assets Ratio | 0.05 |
| Asset Growth Rate (YoY) | -19.2% |
| Total Assets | Skr418.06 Million |
| Market Capitalization | $19.38 Million USD |
Valuation Analysis
Below Book Valuation: The market values Midsummer AB (publ)'s assets below their book value (0.05 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Midsummer AB (publ)'s assets decreased by 19.2% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Midsummer AB (publ) (2012–2024)
The table below shows the annual total assets of Midsummer AB (publ) from 2012 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Skr418.06 Million | -19.22% |
| 2023-12-31 | Skr517.56 Million | +10.25% |
| 2022-12-31 | Skr469.42 Million | -4.44% |
| 2021-12-31 | Skr491.24 Million | -5.60% |
| 2020-12-31 | Skr520.39 Million | +47.98% |
| 2019-12-31 | Skr351.66 Million | +68.43% |
| 2018-12-31 | Skr208.78 Million | +117.34% |
| 2017-12-31 | Skr96.06 Million | +88.82% |
| 2016-12-31 | Skr50.88 Million | +44.78% |
| 2015-12-31 | Skr35.14 Million | +38.04% |
| 2014-12-31 | Skr25.46 Million | -49.25% |
| 2013-12-31 | Skr50.15 Million | -4.76% |
| 2012-12-31 | Skr52.66 Million | -- |