Flügger group A/S (FLUG-B) - Net Assets
Based on the latest financial reports, Flügger group A/S (FLUG-B) has net assets worth Dkr880.00 Million DKK (≈ $137.68 Million USD) as of April 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr1.85 Billion ≈ $289.29 Million USD) and total liabilities (Dkr969.00 Million ≈ $151.61 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. Check how strategically is Flügger group A/S's equity deployed to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Dkr880.00 Million |
| % of Total Assets | 47.59% |
| Annual Growth Rate | 0.72% |
| 5-Year Change | -4.24% |
| 10-Year Change | 10.39% |
| Growth Volatility | 8.0 |
Flügger group A/S - Net Assets Trend (2008–2026)
This chart illustrates how Flügger group A/S's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see FLUG-B company net worth.
Annual Net Assets for Flügger group A/S (2008–2026)
The table below shows the annual net assets of Flügger group A/S from 2008 to 2026. Also explore FLUG-B net assets growth trend to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-04-30 | Dkr880.00 Million ≈ $137.68 Million |
+1.15% |
| 2025-04-30 | Dkr870.00 Million ≈ $136.12 Million |
+6.00% |
| 2024-04-30 | Dkr820.77 Million ≈ $128.41 Million |
+6.10% |
| 2023-04-30 | Dkr773.59 Million ≈ $121.03 Million |
-15.82% |
| 2022-04-30 | Dkr918.95 Million ≈ $143.78 Million |
-3.36% |
| 2021-04-30 | Dkr950.89 Million ≈ $148.77 Million |
+20.82% |
| 2020-04-30 | Dkr787.00 Million ≈ $123.13 Million |
+6.04% |
| 2019-04-30 | Dkr742.17 Million ≈ $116.12 Million |
-2.35% |
| 2018-04-30 | Dkr760.07 Million ≈ $118.92 Million |
-4.66% |
| 2017-04-30 | Dkr797.18 Million ≈ $124.72 Million |
-1.67% |
| 2016-04-30 | Dkr810.74 Million ≈ $126.85 Million |
-5.64% |
| 2015-04-30 | Dkr859.15 Million ≈ $134.42 Million |
+2.57% |
| 2014-04-30 | Dkr837.60 Million ≈ $131.05 Million |
+1.69% |
| 2013-04-30 | Dkr823.69 Million ≈ $128.87 Million |
+6.39% |
| 2012-04-30 | Dkr774.20 Million ≈ $121.13 Million |
-3.03% |
| 2011-04-30 | Dkr798.42 Million ≈ $124.92 Million |
+5.03% |
| 2010-04-30 | Dkr760.20 Million ≈ $118.94 Million |
+10.19% |
| 2009-04-30 | Dkr689.93 Million ≈ $107.94 Million |
-10.78% |
| 2008-04-30 | Dkr773.30 Million ≈ $120.99 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Flügger group 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 82200000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (April 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr822.00 Million | 98.21% |
| Common Stock | Dkr60.00 Million | 7.17% |
| Total Equity | Dkr837.00 Million | 100.00% |
Flügger group A/S Competitors by Market Cap
The table below lists competitors of Flügger group A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Wafangdian Bearing Co Ltd
SHE:200706
|
$143.90 Million |
|
Igarashi Motors India Limited
NSE:IGARASHI
|
$143.92 Million |
|
Elme Communities
NYSE:ELME
|
$143.95 Million |
|
Benfica
LS:SLBEN
|
$143.98 Million |
|
NSE SA
PA:ALNSE
|
$143.88 Million |
|
Bny Mellon Municipal Income Inc
NYSE MKT:DMF
|
$143.85 Million |
|
LVMC Holdings
KO:900140
|
$143.82 Million |
|
GHCL TEXTILES LTD
NSE:GHCLTEXTIL
|
$143.81 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Flügger group A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 825,000,000 to 837,000,000, a change of 12,000,000 (1.5%).
- Net income of 63,000,000 contributed positively to equity growth.
- Dividend payments of 60,000,000 reduced retained earnings.
- Other comprehensive income increased equity by 110,000,000.
- Other factors decreased equity by 101,000,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr63.00 Million | +7.53% |
| Dividends Paid | Dkr60.00 Million | -7.17% |
| Other Comprehensive Income | Dkr110.00 Million | +13.14% |
| Other Changes | Dkr-101.00 Million | -12.07% |
| Total Change | Dkr- | 1.45% |
Book Value vs Market Value Analysis
This analysis compares Flügger group 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: 1.37x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.49x to 1.37x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-04-30 | Dkr257.77 | Dkr385.00 | x |
| 2009-04-30 | Dkr229.44 | Dkr385.00 | x |
| 2010-04-30 | Dkr258.27 | Dkr385.00 | x |
| 2011-04-30 | Dkr274.94 | Dkr385.00 | x |
| 2012-04-30 | Dkr266.60 | Dkr385.00 | x |
| 2013-04-30 | Dkr283.84 | Dkr385.00 | x |
| 2014-04-30 | Dkr291.04 | Dkr385.00 | x |
| 2015-04-30 | Dkr298.63 | Dkr385.00 | x |
| 2016-04-30 | Dkr281.80 | Dkr385.00 | x |
| 2017-04-30 | Dkr277.09 | Dkr385.00 | x |
| 2018-04-30 | Dkr263.82 | Dkr385.00 | x |
| 2019-04-30 | Dkr257.11 | Dkr385.00 | x |
| 2020-04-30 | Dkr261.33 | Dkr385.00 | x |
| 2021-04-30 | Dkr315.10 | Dkr385.00 | x |
| 2022-04-30 | Dkr308.36 | Dkr385.00 | x |
| 2023-04-30 | Dkr247.70 | Dkr385.00 | x |
| 2024-04-30 | Dkr249.93 | Dkr385.00 | x |
| 2025-04-30 | Dkr275.95 | Dkr385.00 | x |
| 2026-04-30 | Dkr280.33 | Dkr385.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Flügger group 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): 7.53%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.72%
- • Asset Turnover: 1.25x
- • Equity Multiplier: 2.21x
- Recent ROE (7.53%) is above the historical average (6.35%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 12.49% | 6.21% | 1.38x | 1.45x | Dkr19.29 Million |
| 2009 | 4.01% | 1.84% | 1.47x | 1.48x | Dkr-41.33 Million |
| 2010 | 12.39% | 6.51% | 1.35x | 1.41x | Dkr18.17 Million |
| 2011 | 11.80% | 6.51% | 1.26x | 1.44x | Dkr14.35 Million |
| 2012 | 2.89% | 1.27% | 1.40x | 1.62x | Dkr-55.04 Million |
| 2013 | 5.95% | 2.61% | 1.53x | 1.49x | Dkr-33.38 Million |
| 2014 | 9.03% | 3.93% | 1.63x | 1.41x | Dkr-8.09 Million |
| 2015 | 6.23% | 2.92% | 1.47x | 1.45x | Dkr-32.37 Million |
| 2016 | 1.64% | 0.72% | 1.49x | 1.53x | Dkr-67.76 Million |
| 2017 | 3.63% | 1.56% | 1.56x | 1.49x | Dkr-50.82 Million |
| 2018 | 4.41% | 1.84% | 1.60x | 1.50x | Dkr-42.51 Million |
| 2019 | 4.34% | 1.77% | 1.66x | 1.48x | Dkr-42.01 Million |
| 2020 | 7.67% | 3.05% | 1.12x | 2.24x | Dkr-17.60 Million |
| 2021 | 18.75% | 7.90% | 1.17x | 2.02x | Dkr79.73 Million |
| 2022 | 0.82% | 0.32% | 1.04x | 2.45x | Dkr-83.28 Million |
| 2023 | -0.54% | -0.16% | 1.20x | 2.87x | Dkr-78.26 Million |
| 2024 | 0.56% | 0.19% | 1.14x | 2.59x | Dkr-70.68 Million |
| 2025 | 7.03% | 2.55% | 1.18x | 2.33x | Dkr-24.50 Million |
| 2026 | 7.53% | 2.72% | 1.25x | 2.21x | Dkr-20.70 Million |
Industry Comparison
This section compares Flügger group A/S's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $3,828,891,720
- Average return on equity (ROE) among peers: 8.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Flügger group A/S (FLUG-B) | Dkr880.00 Million | 12.49% | 1.10x | $143.89 Million |
| Hove AS (HOVE) | $59.96 Million | 6.62% | 0.52x | $27.06 Million |
| Novonesis (Novozymes) A/S (NSIS-B) | $11.27 Billion | 27.68% | 0.63x | $27.38 Billion |
| SP Group A/S (SPG) | $159.72 Million | -7.76% | 3.22x | $876.02 Million |
About Flügger group A/S
Flügger group A/S designs, manufactures, and markets decorative paints, wood preservatives, fillers, wallpapers, and painting tools. It offers water-based paints and primers, wood stain and wallpaper adhesive, wall coverings, paintbrushes, bristles, brushes, rollers, and cleaning products, as well as plastic handles for brushes, rollers, and filling knives. Flügger group A/S markets and sells its… Read more