SolTech Energy Sweden AB

ST:SOLT Sweden Solar
Market Cap
$11.20 Million
Skr125.67 Million SEK
Market Cap Rank
#35823 Global
#573 in Sweden
Share Price
Skr0.10
Change (1 day)
-8.48%
52-Week Range
Skr0.07 - Skr3.25
All Time High
Skr40.01
About

SolTech Energy Sweden AB (publ) develops, sells, and installs energy and solar cell solutions in Sweden and China. It offers its products for electrical engineering, facade, roofing/sheet metal, electric car charging, and the solar energy industries. The company was incorporated in 2006 and is based in Stockholm, Sweden.

SolTech Energy Sweden AB (SOLT) - Total Assets

Latest total assets as of September 2025: Skr2.08 Billion SEK

Based on the latest financial reports, SolTech Energy Sweden AB (SOLT) holds total assets worth Skr2.08 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.

SolTech Energy Sweden AB - Total Assets Trend (2011–2024)

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

SolTech Energy Sweden AB - Asset Composition Analysis

Current Asset Composition (December 2024)

SolTech Energy Sweden AB's total assets of Skr2.08 Billion consist of 46.7% current assets and 53.3% non-current assets.

Asset Category Amount (SEK) % of Total Assets
Cash & Equivalents Skr0.00 11.3%
Accounts Receivable Skr440.59 Million 21.1%
Inventory Skr166.91 Million 8.0%
Property, Plant & Equipment Skr245.88 Million 11.8%
Intangible Assets Skr140.08 Million 6.7%
Goodwill Skr662.91 Million 31.8%

Asset Composition Trend (2011–2024)

This chart illustrates how SolTech Energy Sweden 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: SolTech Energy Sweden AB's current assets represent 46.7% of total assets in 2024, a decrease from 68.8% in 2011.
  • Cash Position: Cash and equivalents constituted 11.3% of total assets in 2024, down from 47.1% in 2011.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 37.0% of total assets, an increase from 23.0% in 2011.
  • Asset Diversification: The largest asset category is goodwill at 31.8% of total assets.

SolTech Energy Sweden AB Competitors by Total Assets

Key competitors of SolTech Energy Sweden AB 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

SolTech Energy Sweden 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: 0.08 - 1.16

Strong asset utilization - SolTech Energy Sweden AB generates 1.15x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -21.27% - 5.50%

Negative ROA - SolTech Energy Sweden AB is currently not profitable relative to its asset base.

SolTech Energy Sweden 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 0.93 1.04 2.04
Quick Ratio 0.70 0.80 1.90
Cash Ratio 0.00 0.00 0.00
Working Capital Skr-62.80 Million Skr 44.27 Million Skr 211.50 Million

SolTech Energy Sweden AB - Advanced Valuation Insights

This section examines the relationship between SolTech Energy Sweden 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 0.16
Latest Market Cap to Assets Ratio 0.00
Asset Growth Rate (YoY) -16.5%
Total Assets Skr2.09 Billion
Market Capitalization $1.11 Million USD

Valuation Analysis

Below Book Valuation: The market values SolTech Energy Sweden AB's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: SolTech Energy Sweden AB's assets decreased by 16.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for SolTech Energy Sweden AB (2011–2024)

The table below shows the annual total assets of SolTech Energy Sweden AB from 2011 to 2024.

Year Total Assets Change
2024-12-31 Skr2.09 Billion -16.54%
2023-12-31 Skr2.50 Billion +7.23%
2022-12-31 Skr2.33 Billion +56.98%
2021-12-31 Skr1.49 Billion -14.92%
2020-12-31 Skr1.75 Billion +25.66%
2019-12-31 Skr1.39 Billion +94.82%
2018-12-31 Skr713.12 Million +112.05%
2017-12-31 Skr336.30 Million +81.31%
2016-12-31 Skr185.48 Million +199.91%
2015-12-31 Skr61.85 Million +295.62%
2014-12-31 Skr15.63 Million +119.87%
2013-12-31 Skr7.11 Million +57.69%
2012-12-31 Skr4.51 Million -41.10%
2011-12-31 Skr7.66 Million --