Danske Andelskassers Bank A/S (DAB) - Net Assets
Based on the latest financial reports, Danske Andelskassers Bank A/S (DAB) has net assets worth Dkr3.17 Billion DKK (≈ $495.30 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr18.61 Billion ≈ $2.91 Billion USD) and total liabilities (Dkr15.45 Billion ≈ $2.42 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Danske Andelskassers Bank A/S (DAB) asset resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Dkr3.17 Billion |
| % of Total Assets | 17.01% |
| Annual Growth Rate | 7.07% |
| 5-Year Change | 48.28% |
| 10-Year Change | 152.53% |
| Growth Volatility | 18.28 |
Danske Andelskassers Bank A/S - Net Assets Trend (2009–2024)
This chart illustrates how Danske Andelskassers Bank A/S's net assets have evolved over time, based on quarterly financial data. Also explore Danske Andelskassers Bank A/S balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Danske Andelskassers Bank A/S (2009–2024)
The table below shows the annual net assets of Danske Andelskassers Bank A/S from 2009 to 2024. For live valuation and market cap data, see Danske Andelskassers Bank A/S market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr3.03 Billion ≈ $473.95 Million |
+6.90% |
| 2023-12-31 | Dkr2.83 Billion ≈ $443.35 Million |
+23.96% |
| 2022-12-31 | Dkr2.29 Billion ≈ $357.66 Million |
+3.62% |
| 2021-12-31 | Dkr2.21 Billion ≈ $345.16 Million |
+7.99% |
| 2020-12-31 | Dkr2.04 Billion ≈ $319.63 Million |
+3.08% |
| 2019-12-31 | Dkr1.98 Billion ≈ $310.06 Million |
+38.92% |
| 2018-12-31 | Dkr1.43 Billion ≈ $223.19 Million |
+0.74% |
| 2017-12-31 | Dkr1.42 Billion ≈ $221.56 Million |
+13.97% |
| 2016-12-31 | Dkr1.24 Billion ≈ $194.41 Million |
+3.59% |
| 2015-12-31 | Dkr1.20 Billion ≈ $187.68 Million |
+39.50% |
| 2014-12-31 | Dkr859.87 Million ≈ $134.53 Million |
+2.42% |
| 2013-12-31 | Dkr839.54 Million ≈ $131.35 Million |
-31.29% |
| 2012-12-31 | Dkr1.22 Billion ≈ $191.16 Million |
-13.58% |
| 2011-12-31 | Dkr1.41 Billion ≈ $221.20 Million |
-0.91% |
| 2010-12-31 | Dkr1.43 Billion ≈ $223.23 Million |
+31.28% |
| 2009-12-31 | Dkr1.09 Billion ≈ $170.04 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Danske Andelskassers Bank A/S's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 78.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr1.51 Billion | 49.85% |
| Common Stock | Dkr446.19 Million | 14.73% |
| Other Components | Dkr1.07 Billion | 35.42% |
| Total Equity | Dkr3.03 Billion | 100.00% |
Danske Andelskassers Bank A/S Competitors by Market Cap
The table below lists competitors of Danske Andelskassers Bank A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Fedbank Financial Services Limited
NSE:FEDFINA
|
$591.55 Million |
|
Dareway Software Co Ltd
SHG:688579
|
$591.78 Million |
|
Shanghai Orient-Chip Technology Co. Ltd. A
SHG:688061
|
$591.78 Million |
|
Galiano Gold Inc
TO:GAU
|
$591.97 Million |
|
FBD Holdings PLC
IR:EG7
|
$591.45 Million |
|
Wowprime Corp
TW:2727
|
$591.28 Million |
|
Dateline Resources Ltd
AU:DTR
|
$591.19 Million |
|
Taiyuan Lionhead Cement Co Ltd
SHG:600539
|
$591.00 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Danske Andelskassers Bank A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,833,682,000 to 3,029,234,000, a change of 195,552,000 (6.9%).
- Net income of 286,591,000 contributed positively to equity growth.
- Dividend payments of 83,760,000 reduced retained earnings.
- Share repurchases of 95,000 reduced equity.
- Other comprehensive income decreased equity by 703,198,999.
- Other factors increased equity by 696,014,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr286.59 Million | +9.46% |
| Dividends Paid | Dkr83.76 Million | -2.77% |
| Share Repurchases | Dkr95.00K | -0.0% |
| Other Comprehensive Income | Dkr-703.20 Million | -23.21% |
| Other Changes | Dkr696.01 Million | +22.98% |
| Total Change | Dkr- | 6.90% |
Book Value vs Market Value Analysis
This analysis compares Danske Andelskassers Bank A/S's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.25x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | Dkr13.58 | Dkr16.95 | x |
| 2010-12-31 | Dkr17.83 | Dkr16.95 | x |
| 2011-12-31 | Dkr17.67 | Dkr16.95 | x |
| 2012-12-31 | Dkr15.27 | Dkr16.95 | x |
| 2013-12-31 | Dkr10.49 | Dkr16.95 | x |
| 2014-12-31 | Dkr10.75 | Dkr16.95 | x |
| 2015-12-31 | Dkr21.49 | Dkr16.95 | x |
| 2016-12-31 | Dkr10.15 | Dkr16.95 | x |
| 2017-12-31 | Dkr11.46 | Dkr16.95 | x |
| 2018-12-31 | Dkr9.69 | Dkr16.95 | x |
| 2019-12-31 | Dkr11.65 | Dkr16.95 | x |
| 2020-12-31 | Dkr11.05 | Dkr16.95 | x |
| 2021-12-31 | Dkr11.63 | Dkr16.95 | x |
| 2022-12-31 | Dkr12.03 | Dkr16.95 | x |
| 2023-12-31 | Dkr13.19 | Dkr16.95 | x |
| 2024-12-31 | Dkr13.58 | Dkr16.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Danske Andelskassers Bank A/S utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.46%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 29.73%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 5.72x
- Recent ROE (9.46%) is above the historical average (-1.22%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 3.64% | 13.82% | 0.04x | 6.62x | Dkr-69.14 Million |
| 2010 | -12.88% | -27.78% | 0.04x | 10.64x | Dkr-326.45 Million |
| 2011 | -28.56% | -42.88% | 0.07x | 10.07x | Dkr-545.10 Million |
| 2012 | -14.01% | -17.34% | 0.07x | 11.36x | Dkr-293.38 Million |
| 2013 | -45.53% | -44.57% | 0.08x | 13.49x | Dkr-466.23 Million |
| 2014 | 2.37% | 2.52% | 0.07x | 12.55x | Dkr-65.62 Million |
| 2015 | -0.99% | -1.72% | 0.07x | 8.79x | Dkr-131.83 Million |
| 2016 | 3.06% | 6.04% | 0.06x | 8.60x | Dkr-86.28 Million |
| 2017 | 5.96% | 13.47% | 0.06x | 7.62x | Dkr-57.15 Million |
| 2018 | 8.94% | 22.09% | 0.05x | 7.78x | Dkr-15.08 Million |
| 2019 | 17.62% | 41.25% | 0.07x | 6.31x | Dkr151.06 Million |
| 2020 | 5.53% | 18.02% | 0.05x | 6.51x | Dkr-91.23 Million |
| 2021 | 8.95% | 29.05% | 0.05x | 6.12x | Dkr-23.07 Million |
| 2022 | 6.53% | 24.56% | 0.04x | 6.10x | Dkr-79.35 Million |
| 2023 | 10.43% | 32.93% | 0.06x | 5.70x | Dkr12.24 Million |
| 2024 | 9.46% | 29.73% | 0.06x | 5.72x | Dkr-16.33 Million |
Industry Comparison
This section compares Danske Andelskassers Bank A/S's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $13,688,471,222
- Average return on equity (ROE) among peers: 11.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Danske Andelskassers Bank A/S (DAB) | Dkr3.17 Billion | 3.64% | 4.88x | $591.53 Million |
| Danske Bank A/S (DANSKE) | $74.09 Billion | 17.12% | 31.83x | $40.93 Billion |
| Djurslands Bank (DJUR) | $322.46 Million | 9.86% | 7.90x | $383.69 Million |
| Fynske Bank A/S (FYNBK) | $463.33 Million | 13.54% | 4.16x | $220.59 Million |
| Groenlandsbanken AS (GRLA) | $850.95 Million | 10.86% | 4.67x | $278.81 Million |
| Hvidbjerg Bank (HVID) | $42.06 Million | 10.31% | 8.30x | $48.37 Million |
| Jyske Bank A/S (JYSK) | $45.89 Billion | 12.87% | 15.99x | $7.97 Billion |
| Kreditbanken A/S (KRE) | $151.87 Million | 12.13% | 5.20x | $211.84 Million |
| Laan & Spar Bank AS (LASP) | $559.56 Million | 6.45% | 11.38x | $662.62 Million |
| Lollands Bank (LOLB) | $831.00 Million | 13.23% | 5.08x | $148.02 Million |
About Danske Andelskassers Bank A/S
Danske Andelskassers Bank A/S provides various banking products and services to private, small and medium-sized business, institutional, and agricultural customers in Denmark. It offers insurance, investment, cash, card and mobile payments, housing, savings, pension, loans and credits, estate processing services. Danske Andelskassers Bank A/S was founded in 1969 and is headquartered in Aarhus, De… Read more