Dampskibsselskabet Norden AS (DNORD) - Net Assets

Latest as of December 2025: Dkr1.27 Billion DKK ≈ $199.47 Million USD

Based on the latest financial reports, Dampskibsselskabet Norden AS (DNORD) has net assets worth Dkr1.27 Billion DKK (≈ $199.47 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr2.37 Billion ≈ $370.25 Million USD) and total liabilities (Dkr1.09 Billion ≈ $170.78 Million 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. Also explore Dampskibsselskabet Norden AS total assets for the complete picture of this company's asset base.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Dkr1.27 Billion
% of Total Assets	53.88%
Annual Growth Rate	2.84%
5-Year Change	28.35%
10-Year Change	59.08%
Growth Volatility	34.02

Dampskibsselskabet Norden AS - Net Assets Trend (2000–2025)

This chart illustrates how Dampskibsselskabet Norden AS's net assets have evolved over time, based on quarterly financial data. For live valuation and market cap data, see DNORD stock market capitalisation.

Annual Net Assets for Dampskibsselskabet Norden AS (2000–2025)

The table below shows the annual net assets of Dampskibsselskabet Norden AS from 2000 to 2025. Explore DNORD cash generation efficiency to assess how effectively this company generates cash.

Year	Net Assets	Change
2025-12-31	Dkr1.27 Billion ≈ $199.47 Million	-1.71%
2024-12-31	Dkr1.30 Billion ≈ $202.94 Million	+8.28%
2023-12-31	Dkr1.20 Billion ≈ $187.42 Million	-9.98%
2022-12-31	Dkr1.33 Billion ≈ $208.20 Million	+33.97%
2021-12-31	Dkr993.30 Million ≈ $155.41 Million	+10.06%
2020-12-31	Dkr902.50 Million ≈ $141.20 Million	+5.06%
2019-12-31	Dkr859.00 Million ≈ $134.40 Million	+3.89%
2018-12-31	Dkr826.80 Million ≈ $129.36 Million	-0.91%
2017-12-31	Dkr834.40 Million ≈ $130.55 Million	+4.12%
2016-12-31	Dkr801.41 Million ≈ $125.39 Million	-6.38%
2015-12-31	Dkr856.06 Million ≈ $133.94 Million	-24.86%
2014-12-31	Dkr1.14 Billion ≈ $178.25 Million	-29.01%
2013-12-31	Dkr1.60 Billion ≈ $251.09 Million	-4.88%
2012-12-31	Dkr1.69 Billion ≈ $263.98 Million	-15.40%
2011-12-31	Dkr1.99 Billion ≈ $312.04 Million	-0.18%
2010-12-31	Dkr2.00 Billion ≈ $312.61 Million	+10.69%
2009-12-31	Dkr1.81 Billion ≈ $282.42 Million	+6.16%
2008-12-31	Dkr1.70 Billion ≈ $266.04 Million	+29.68%
2007-12-31	Dkr1.31 Billion ≈ $205.15 Million	+83.76%
2006-12-31	Dkr713.54 Million ≈ $111.64 Million	+16.74%
2005-12-31	Dkr611.20 Million ≈ $95.63 Million	+80.64%
2004-12-31	Dkr338.36 Million ≈ $52.94 Million	+75.05%
2003-12-31	Dkr193.29 Million ≈ $30.24 Million	-78.50%
2002-12-31	Dkr899.14 Million ≈ $140.68 Million	+35.83%
2001-12-31	Dkr661.96 Million ≈ $103.57 Million	+4.63%
2000-12-31	Dkr632.64 Million ≈ $98.98 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Dampskibsselskabet Norden AS'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 132.8% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component	Amount	Percentage
Retained Earnings	Dkr1.30 Billion	101.58%
Common Stock	Dkr4.89 Million	0.38%
Other Comprehensive Income	Dkr-25.05 Million	-1.96%
Total Equity	Dkr1.27 Billion	100.00%

Dampskibsselskabet Norden AS Competitors by Market Cap

The table below lists competitors of Dampskibsselskabet Norden AS ranked by their market capitalization.

Company	Market Cap
Delong Composite Energy Group Co Ltd SHE:000593	$1.33 Billion
Cobram Estate Olives Ltd AU:CBO	$1.33 Billion
M Yochananof and Sons Ltd TA:YHNF	$1.33 Billion
He Bei Cheng De LoLo Co Ltd SHE:000848	$1.33 Billion
Polestar Automotive Holding UK PLC Class A ADS NASDAQ:PSNY	$1.33 Billion
Suburban Propane Partners LP NYSE:SPH	$1.33 Billion
ManpowerGroup Inc NYSE:MAN	$1.33 Billion
The India Cements Limited NSE:INDIACEM	$1.33 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Dampskibsselskabet Norden AS's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 1,297,100,000 to 1,274,916,198, a change of -22,183,802 (-1.7%).
Net income of 124,820,940 contributed positively to equity growth.
Dividend payments of 36,834,109 reduced retained earnings.
Share repurchases of 44,200,931 reduced equity.
Other comprehensive income decreased equity by 66,345,312.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Dkr124.82 Million	+9.79%
Dividends Paid	Dkr36.83 Million	-2.89%
Share Repurchases	Dkr44.20 Million	-3.47%
Other Comprehensive Income	Dkr-66.35 Million	-5.2%
Other Changes	Dkr375.61K	+0.03%
Total Change	Dkr-	-1.71%

Book Value vs Market Value Analysis

This analysis compares Dampskibsselskabet Norden AS'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: 6.91x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has decreased from 74.85x to 6.91x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2003-12-31	Dkr4.01	Dkr300.40	x
2004-12-31	Dkr7.30	Dkr300.40	x
2005-12-31	Dkr13.79	Dkr300.40	x
2006-12-31	Dkr16.32	Dkr300.40	x
2007-12-31	Dkr30.68	Dkr300.40	x
2008-12-31	Dkr40.09	Dkr300.40	x
2009-12-31	Dkr42.79	Dkr300.40	x
2010-12-31	Dkr47.49	Dkr300.40	x
2011-12-31	Dkr48.41	Dkr300.40	x
2012-12-31	Dkr40.87	Dkr300.40	x
2013-12-31	Dkr39.36	Dkr300.40	x
2014-12-31	Dkr28.16	Dkr300.40	x
2015-12-31	Dkr21.15	Dkr300.40	x
2016-12-31	Dkr19.80	Dkr300.40	x
2017-12-31	Dkr20.62	Dkr300.40	x
2018-12-31	Dkr20.45	Dkr300.40	x
2019-12-31	Dkr21.64	Dkr300.40	x
2020-12-31	Dkr23.20	Dkr300.40	x
2021-12-31	Dkr26.35	Dkr300.40	x
2022-12-31	Dkr35.30	Dkr300.40	x
2023-12-31	Dkr36.91	Dkr300.40	x
2024-12-31	Dkr42.72	Dkr300.40	x
2025-12-31	Dkr43.46	Dkr300.40	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Dampskibsselskabet Norden AS 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): 9.79%
The company has moderate efficiency in generating returns from equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 3.85%
• Asset Turnover: 1.37x
• Equity Multiplier: 1.86x
Recent ROE (9.79%) is below the historical average (17.89%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2000	28.91%	9.62%	1.01x	2.97x	Dkr114.36 Million
2001	35.62%	8.80%	1.29x	3.14x	Dkr156.43 Million
2002	23.08%	9.46%	1.25x	1.95x	Dkr111.04 Million
2003	39.63%	15.34%	1.27x	2.03x	Dkr54.80 Million
2004	78.46%	22.62%	2.24x	1.55x	Dkr230.29 Million
2005	55.18%	25.92%	1.58x	1.35x	Dkr275.13 Million
2006	24.80%	14.29%	1.28x	1.35x	Dkr105.28 Million
2007	53.64%	23.98%	1.82x	1.23x	Dkr572.12 Million
2008	41.63%	16.67%	2.08x	1.20x	Dkr537.80 Million
2009	12.03%	12.96%	0.82x	1.13x	Dkr36.71 Million
2010	12.25%	11.18%	0.97x	1.13x	Dkr45.00 Million
2011	4.40%	3.86%	0.97x	1.18x	Dkr-111.64 Million
2012	-16.53%	-13.08%	1.05x	1.21x	Dkr-447.57 Million
2013	-2.98%	-2.23%	1.04x	1.28x	Dkr-208.23 Million
2014	-36.48%	-20.39%	1.15x	1.56x	Dkr-529.56 Million
2015	-33.28%	-17.23%	1.03x	1.87x	Dkr-370.52 Million
2016	-5.69%	-3.64%	0.96x	1.62x	Dkr-125.73 Million
2017	2.94%	1.36%	1.36x	1.59x	Dkr-58.88 Million
2018	3.48%	1.17%	1.67x	1.77x	Dkr-53.92 Million
2019	2.24%	0.74%	1.48x	2.03x	Dkr-66.70 Million
2020	9.53%	3.31%	1.42x	2.02x	Dkr-4.25 Million
2021	20.59%	5.76%	1.45x	2.47x	Dkr105.17 Million
2022	55.87%	14.00%	1.93x	2.07x	Dkr610.43 Million
2023	33.40%	10.84%	1.58x	1.96x	Dkr280.31 Million
2024	12.54%	4.03%	1.79x	1.74x	Dkr32.99 Million
2025	9.79%	3.85%	1.37x	1.86x	Dkr-2.67 Million

Industry Comparison

This section compares Dampskibsselskabet Norden AS's net assets metrics with peer companies in the Marine Shipping industry.

Industry Context

Industry: Marine Shipping
Average net assets among peers: $12,595,129,829
Average return on equity (ROE) among peers: 9.13%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Dampskibsselskabet Norden AS (DNORD)	Dkr1.27 Billion	28.91%	0.86x	$1.33 Billion
DFDS A/S (DFDS)	$6.53 Billion	15.49%	0.94x	$1.15 Billion
Erria A/S (ERRIA)	$300.41 Million	5.03%	1.38x	$6.88 Million
A.P. Møller - Mærsk A/S (MAERSK-A)	$28.84 Billion	1.77%	0.92x	$22.40 Billion
A.P. Møller - Mærsk A/S (MAERSK-B)	$15.68 Billion	18.76%	0.87x	$11.80 Billion
Svitzer Group A/S (SVITZR)	$11.63 Billion	4.62%	0.17x	$1.36 Billion

About Dampskibsselskabet Norden AS

CO:DNORD Denmark Marine Shipping

Market Cap

$1.33 Billion

Dkr8.49 Billion DKK

Market Cap Rank

#7884 Global

#42 in Denmark

Share Price

Dkr300.40

Change (1 day)

-0.92%

52-Week Range

Dkr183.30 - Dkr310.00

All Time High

Dkr428.23