Flügger group A/S (FLUG-B) - Net Assets
Based on the latest financial reports, Flügger group A/S (FLUG-B) has net assets worth Dkr943.00 Million DKK (≈ $147.54 Million USD) as of October 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr1.86 Billion ≈ $290.54 Million USD) and total liabilities (Dkr914.00 Million ≈ $143.00 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 FLUG-B asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Dkr943.00 Million |
| % of Total Assets | 50.78% |
| Annual Growth Rate | 0.7% |
| 5-Year Change | -8.51% |
| 10-Year Change | 7.31% |
| Growth Volatility | 8.24 |
Flügger group A/S - Net Assets Trend (2008–2025)
This chart illustrates how Flügger group A/S's net assets have evolved over time, based on quarterly financial data. Also explore Flügger group A/S balance sheet assets for the complete picture of this company's asset base.
Annual Net Assets for Flügger group A/S (2008–2025)
The table below shows the annual net assets of Flügger group A/S from 2008 to 2025. For live valuation and market cap data, see FLUG-B stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 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 81500000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (April 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr815.00 Million | 98.79% |
| Common Stock | Dkr60.00 Million | 7.27% |
| Total Equity | Dkr825.00 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 |
|---|---|
|
Masterflex SE
F:MZX
|
$132.73 Million |
|
Fortinova Fastigheter AB Series B
ST:FNOVA-B
|
$132.80 Million |
|
Bank Mnc Internasional Tbk
JK:BABP
|
$132.86 Million |
|
Peninsula Energy Ltd
AU:PEN
|
$132.91 Million |
|
Betr Entertainment Ltd
AU:BBT
|
$132.71 Million |
|
OHTL Public Company Limited
BK:OHTL
|
$132.71 Million |
|
Li Peng Enterprise Co Ltd
TW:1447
|
$132.62 Million |
|
Donpon Precision
TWO:3290
|
$132.59 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 2024 to 2025, total equity changed from 749,041,000 to 825,000,000, a change of 75,959,000 (10.1%).
- Net income of 58,000,000 contributed positively to equity growth.
- Dividend payments of 22,000,000 reduced retained earnings.
- Share repurchases of 10,000,000 reduced equity.
- Other comprehensive income increased equity by 146,633,000.
- Other factors decreased equity by 96,674,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr58.00 Million | +7.03% |
| Dividends Paid | Dkr22.00 Million | -2.67% |
| Share Repurchases | Dkr10.00 Million | -1.21% |
| Other Comprehensive Income | Dkr146.63 Million | +17.77% |
| Other Changes | Dkr-96.67 Million | -11.72% |
| Total Change | Dkr- | 10.14% |
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: 1.29x
- 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 |
|---|---|---|---|
| 2008-04-30 | Dkr257.77 | Dkr355.00 | x |
| 2009-04-30 | Dkr229.44 | Dkr355.00 | x |
| 2010-04-30 | Dkr258.27 | Dkr355.00 | x |
| 2011-04-30 | Dkr274.94 | Dkr355.00 | x |
| 2012-04-30 | Dkr266.60 | Dkr355.00 | x |
| 2013-04-30 | Dkr283.84 | Dkr355.00 | x |
| 2014-04-30 | Dkr291.04 | Dkr355.00 | x |
| 2015-04-30 | Dkr298.63 | Dkr355.00 | x |
| 2016-04-30 | Dkr281.80 | Dkr355.00 | x |
| 2017-04-30 | Dkr277.09 | Dkr355.00 | x |
| 2018-04-30 | Dkr263.82 | Dkr355.00 | x |
| 2019-04-30 | Dkr257.11 | Dkr355.00 | x |
| 2020-04-30 | Dkr261.33 | Dkr355.00 | x |
| 2021-04-30 | Dkr315.10 | Dkr355.00 | x |
| 2022-04-30 | Dkr308.36 | Dkr355.00 | x |
| 2023-04-30 | Dkr247.70 | Dkr355.00 | x |
| 2024-04-30 | Dkr249.93 | Dkr355.00 | x |
| 2025-04-30 | Dkr275.95 | Dkr355.00 | 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): 7.03%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.55%
- • Asset Turnover: 1.18x
- • Equity Multiplier: 2.33x
- Recent ROE (7.03%) is above the historical average (6.28%), 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 |
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: $2,005,410,276
- Average return on equity (ROE) among peers: 11.87%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Flügger group A/S (FLUG-B) | Dkr943.00 Million | 12.49% | 0.97x | $132.73 Million |
| Hove AS (HOVE) | $71.42 Million | 5.01% | 0.35x | $24.37 Million |
| Novonesis (Novozymes) A/S (NSIS-B) | $4.25 Billion | 15.23% | 0.97x | $25.75 Billion |
| SP Group A/S (SPG) | $1.70 Billion | 15.38% | 0.86x | $688.25 Million |
About Flügger group A/S
Flügger group A/S designs, manufactures, and markets decorative paints, wood protection products, spackling pastes, and wallpaper and tools. It offers water-based interior and exterior paints and primers, fillers, 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. … Read more