Thule Group AB (THULE) - Total Assets
Based on the latest financial reports, Thule Group AB (THULE) holds total assets worth Skr13.74 Billion 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.
Thule Group AB - Total Assets Trend (2000–2025)
This chart illustrates how Thule Group AB's total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Thule Group AB - Asset Composition Analysis
Current Asset Composition (December 2025)
Thule Group AB's total assets of Skr13.74 Billion consist of 23.3% current assets and 76.7% non-current assets.
| Asset Category | Amount (SEK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Skr0.00 | 1.6% |
| Accounts Receivable | Skr961.00 Million | 7.0% |
| Inventory | Skr1.88 Billion | 13.7% |
| Property, Plant & Equipment | Skr0.00 | 0.0% |
| Intangible Assets | Skr0.00 | 0.0% |
| Goodwill | Skr0.00 | 0.0% |
Asset Composition Trend (2000–2025)
This chart illustrates how Thule 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: Thule Group AB's current assets represent 23.3% of total assets in 2025, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 1.6% of total assets in 2025, down from 7.3% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 82.0% in 2000.
- Asset Diversification: The largest asset category is inventory at 13.7% of total assets.
Thule Group AB Competitors by Total Assets
Key competitors of Thule Group AB based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
China Bicycle Co Holdings Ltd
SHE:000017
|
China | CN¥466.52 Million |
|
Sportsoul Co. Ltd. A
SHE:001300
|
China | CN¥1.27 Billion |
|
HL Corp Shenzhen
SHE:002105
|
China | CN¥1.61 Billion |
|
Goldlok Toys Holdings Guangdong Co Ltd
SHE:002348
|
China | CN¥715.63 Million |
|
Guangdong Qunxing Toys Joint-Stock Co Ltd
SHE:002575
|
China | CN¥929.34 Million |
|
Shanghai Yaoji Playing Card Co Ltd
SHE:002605
|
China | CN¥5.25 Billion |
|
Xiamen Comfort Science&Technology Group Co Ltd
SHE:002614
|
China | CN¥7.61 Billion |
|
Guangzhou Pearl River Piano Group Co Ltd
SHE:002678
|
China | CN¥3.86 Billion |
Thule 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 | 2.13 | 2.13 | 1.81 |
| Quick Ratio | 0.88 | 0.85 | 1.19 |
| Cash Ratio | 0.00 | 0.16 | 0.00 |
| Working Capital | Skr1.70 Billion | Skr1.91 Billion | Skr1.62 Billion |
Thule Group AB - Advanced Valuation Insights
This section examines the relationship between Thule 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 | 3.46 |
| Latest Market Cap to Assets Ratio | 0.21 |
| Asset Growth Rate (YoY) | -8.1% |
| Total Assets | Skr13.74 Billion |
| Market Capitalization | $2.88 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Thule Group AB's assets below their book value (0.21x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Thule Group AB's assets decreased by 8.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Thule Group AB (2000–2025)
The table below shows the annual total assets of Thule Group AB from 2000 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | Skr13.74 Billion | -8.12% |
| 2024-12-31 | Skr14.96 Billion | +36.39% |
| 2023-12-31 | Skr10.97 Billion | -6.10% |
| 2022-12-31 | Skr11.68 Billion | +14.59% |
| 2021-12-31 | Skr10.19 Billion | +20.64% |
| 2020-12-31 | Skr8.45 Billion | +1.97% |
| 2019-12-31 | Skr8.29 Billion | +7.64% |
| 2018-12-31 | Skr7.70 Billion | +5.66% |
| 2017-12-31 | Skr7.29 Billion | -7.59% |
| 2016-12-31 | Skr7.88 Billion | +14.26% |
| 2015-12-31 | Skr6.90 Billion | -0.76% |
| 2014-12-31 | Skr6.95 Billion | -13.48% |
| 2013-12-31 | Skr8.04 Billion | -3.50% |
| 2012-12-31 | Skr8.33 Billion | -1.82% |
| 2011-12-31 | Skr8.48 Billion | +4.06% |
| 2010-12-31 | Skr8.15 Billion | -9.65% |
| 2009-12-31 | Skr9.02 Billion | +8.49% |
| 2006-12-31 | Skr8.31 Billion | +38.94% |
| 2005-12-31 | Skr5.98 Billion | +12.36% |
| 2004-12-31 | Skr5.33 Billion | +184.00% |
| 2003-12-31 | Skr1.88 Billion | -4.14% |
| 2002-12-31 | Skr1.96 Billion | -6.77% |
| 2001-12-31 | Skr2.10 Billion | -13.05% |
| 2000-12-31 | Skr2.41 Billion | -- |
About Thule Group AB
Thule Group AB (publ) operates as a sports and outdoor company. The company offers roof racks and boxes, as well as carriers for transporting cycling, and water and winter sports equipment; rooftop tents mounted on a car; awnings, bike carriers, and tents for recreational vehicles and caravans; and bike trailers, child bike seats, strollers, car seats, and dog transportation crates. It also provi… Read more