Refine Group AB
Refine Group AB (publ) builds and develops brands in digital commerce in Sweden. The company offers a home furnishing e-tailer that sells Scandinavian design furniture under the Folkhemmet brand name. It also sells cosmetics and beauty products, which include eyebrow tints, gels, brushes, and other products under the Browgame brand name. In addition, the company offers digital services consisting… Read more
Refine Group AB (REFINE) - Total Assets
Latest total assets as of December 2025: Skr145.05 Million SEK
Based on the latest financial reports, Refine Group AB (REFINE) holds total assets worth Skr145.05 Million SEK 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.
Refine Group AB - Total Assets Trend (2018–2025)
This chart illustrates how Refine Group AB’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Refine Group AB - Asset Composition Analysis
Current Asset Composition (December 2025)
Refine Group AB's total assets of Skr145.05 Million consist of 27.5% current assets and 72.5% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 4.8% |
| Accounts Receivable | Skr11.88 Million | 8.2% |
| Inventory | Skr8.70 Million | 6.0% |
| Property, Plant & Equipment | Skr0.00 | 0.0% |
| Intangible Assets | Skr0.00 | 0.0% |
| Goodwill | Skr102.27 Million | 70.5% |
Asset Composition Trend (2018–2025)
This chart illustrates how Refine 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: Refine Group AB's current assets represent 27.5% of total assets in 2025, a decrease from 62.7% in 2018.
- Cash Position: Cash and equivalents constituted 4.8% of total assets in 2025, down from 54.7% in 2018.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 70.0% of total assets, an increase from 0.0% in 2018.
- Asset Diversification: The largest asset category is goodwill at 70.5% of total assets.
Refine Group AB Competitors by Total Assets
Key competitors of Refine Group AB based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Lambo Group Bhd
KLSE:0018
|
Malaysia | RM182.69 Million |
|
Global Top E Commerce Co Ltd
SHE:002640
|
China | CN¥3.51 Billion |
|
Interpark Co. Ltd
KQ:035080
|
Korea | ₩1.70 Trillion |
|
Oasis Home Holding Berhad
KLSE:0357
|
Malaysia | RM84.51 Million |
|
YES24 Co.Ltd
KQ:053280
|
Korea | ₩503.32 Billion |
|
Hyundai Home Shopping Network Corp
KO:057050
|
Korea | ₩5.06 Trillion |
|
Mister International Enterprise Corp.
TWO:2941
|
Taiwan | NT$631.99 Million |
|
H.H.Galaxy Co., Ltd.
TWO:2949
|
Taiwan | NT$2.47 Billion |
Refine 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
Strong asset utilization - Refine Group AB generates 0.87x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Refine Group AB is currently not profitable relative to its asset base.
Refine 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 | 0.96 | 0.45 | 3.60 |
| Quick Ratio | 0.75 | 0.25 | 3.60 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Skr-1.74 Million | Skr -56.03 Million | Skr 19.23 Million |
Refine Group AB - Advanced Valuation Insights
This section examines the relationship between Refine 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 | 0.25 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -33.5% |
| Total Assets | Skr145.05 Million |
| Market Capitalization | $1.81 Million USD |
Valuation Analysis
Below Book Valuation: The market values Refine Group AB's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Refine Group AB's assets decreased by 33.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Refine Group AB (2018–2025)
The table below shows the annual total assets of Refine Group AB from 2018 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | Skr145.05 Million | -33.45% |
| 2024-12-31 | Skr217.97 Million | -46.95% |
| 2023-12-31 | Skr410.91 Million | +24.58% |
| 2022-12-31 | Skr329.83 Million | +1251.21% |
| 2021-12-31 | Skr24.41 Million | +62.90% |
| 2020-12-31 | Skr14.99 Million | +364.59% |
| 2019-12-31 | Skr3.23 Million | -41.60% |
| 2018-12-31 | Skr5.52 Million | -- |