German High Street Properties A/S Class B
German High Street Properties A/S invests in and rents retail properties in Scandinavia, Germany, Switzerland, and England. It provides shops, offices, and residential units to small and institutional stock investors, tenants, and renters. The company was formerly known as Investea German High Street II A/S and changed its name to German High Street Properties A/S in April 2010. The company was i… Read more
German High Street Properties A/S Class B (GERHSP) - Net Assets
Latest net assets as of September 2025: Dkr57.52 Million DKK
Based on the latest financial reports, German High Street Properties A/S Class B (GERHSP) has net assets worth Dkr57.52 Million DKK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr90.52 Million) and total liabilities (Dkr33.01 Million). 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.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Dkr57.52 Million |
| % of Total Assets | 63.54% |
| Annual Growth Rate | 1.77% |
| 5-Year Change | 4.79% |
| 10-Year Change | 44.57% |
| Growth Volatility | 9.82 |
German High Street Properties A/S Class B - Net Assets Trend (2007–2024)
This chart illustrates how German High Street Properties A/S Class B's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for German High Street Properties A/S Class B (2007–2024)
The table below shows the annual net assets of German High Street Properties A/S Class B from 2007 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr63.10 Million | +9.35% |
| 2023-12-31 | Dkr57.71 Million | -5.72% |
| 2022-12-31 | Dkr61.21 Million | -3.81% |
| 2021-12-31 | Dkr63.63 Million | +5.68% |
| 2020-12-31 | Dkr60.22 Million | -9.57% |
| 2019-12-31 | Dkr66.59 Million | +4.45% |
| 2018-12-31 | Dkr63.76 Million | +1.98% |
| 2017-12-31 | Dkr62.52 Million | +18.67% |
| 2016-12-31 | Dkr52.68 Million | +20.70% |
| 2015-12-31 | Dkr43.65 Million | +12.28% |
| 2014-12-31 | Dkr38.87 Million | +6.76% |
| 2013-12-31 | Dkr36.41 Million | +9.73% |
| 2012-12-31 | Dkr33.18 Million | -6.11% |
| 2011-12-31 | Dkr35.34 Million | -13.21% |
| 2010-12-31 | Dkr40.72 Million | +1.61% |
| 2009-12-31 | Dkr40.08 Million | -12.45% |
| 2008-12-31 | Dkr45.78 Million | -2.25% |
| 2007-12-31 | Dkr46.83 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to German High Street Properties A/S Class B'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 1083454198.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr10.70 Million | 16.98% |
| Common Stock | Dkr4.90 Million | 7.78% |
| Other Comprehensive Income | Dkr13.00K | 0.02% |
| Other Components | Dkr47.38 Million | 75.22% |
| Total Equity | Dkr62.99 Million | 100.00% |
German High Street Properties A/S Class B Competitors by Market Cap
The table below lists competitors of German High Street Properties A/S Class B ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Urbanise.com Ltd
AU:UBN
|
$8.07 Million |
|
China Foods Limited
PINK:CHFHF
|
$8.07 Million |
|
AKA Brands Holding Corp
NYSE:AKA
|
$8.07 Million |
|
U. Y. Fincorp Limited
NSE:UYFINCORP
|
$8.07 Million |
|
PT Cilacap Samudera Fishing Industry Tbk
JK:ASHA
|
$8.06 Million |
|
Elgi Rubber Company Limited
NSE:ELGIRUBCO
|
$8.06 Million |
|
NDL Ventures Limited
NSE:NDLVENTURE
|
$8.06 Million |
|
Bone Biologics Corp Warrants
NASDAQ:BBLGW
|
$8.06 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in German High Street Properties A/S Class B's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 57,605,000 to 62,988,000, a change of 5,383,000 (9.3%).
- Net loss of 497,000 reduced equity.
- New share issuances of 5,880,000 increased equity.
- Other comprehensive income increased equity by 13,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr-497.00K | -0.79% |
| Share Issuances | Dkr5.88 Million | +9.34% |
| Other Comprehensive Income | Dkr13.00K | +0.02% |
| Other Changes | Dkr-13.00K | -0.02% |
| Total Change | Dkr- | 9.34% |
Book Value vs Market Value Analysis
This analysis compares German High Street Properties A/S Class B'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: 3.89x
- 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 5.22x to 3.89x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2007-12-31 | Dkr12.83 | Dkr67.00 | x |
| 2008-12-31 | Dkr12.54 | Dkr67.00 | x |
| 2009-12-31 | Dkr10.98 | Dkr67.00 | x |
| 2010-12-31 | Dkr11.16 | Dkr67.00 | x |
| 2011-12-31 | Dkr9.68 | Dkr67.00 | x |
| 2012-12-31 | Dkr10.18 | Dkr67.00 | x |
| 2013-12-31 | Dkr11.58 | Dkr67.00 | x |
| 2014-12-31 | Dkr12.36 | Dkr67.00 | x |
| 2015-12-31 | Dkr14.32 | Dkr67.00 | x |
| 2016-12-31 | Dkr17.27 | Dkr67.00 | x |
| 2017-12-31 | Dkr20.48 | Dkr67.00 | x |
| 2018-12-31 | Dkr20.89 | Dkr67.00 | x |
| 2019-12-31 | Dkr21.81 | Dkr67.00 | x |
| 2020-12-31 | Dkr19.73 | Dkr67.00 | x |
| 2021-12-31 | Dkr20.85 | Dkr67.00 | x |
| 2022-12-31 | Dkr20.06 | Dkr67.00 | x |
| 2023-12-31 | Dkr18.25 | Dkr67.00 | x |
| 2024-12-31 | Dkr17.24 | Dkr67.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently German High Street Properties A/S Class B 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): -0.79%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -10.58%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 1.55x
- Recent ROE (-0.79%) is below the historical average (1.55%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | -0.01% | -1.10% | 0.00x | 2.50x | Dkr-4.69 Million |
| 2008 | -2.53% | -18.53% | 0.06x | 2.45x | Dkr-5.73 Million |
| 2009 | -14.32% | -90.66% | 0.06x | 2.62x | Dkr-9.75 Million |
| 2010 | 1.40% | 8.72% | 0.06x | 2.59x | Dkr-3.50 Million |
| 2011 | 1.20% | 6.20% | 0.07x | 2.79x | Dkr-3.11 Million |
| 2012 | 2.37% | 13.34% | 0.06x | 2.94x | Dkr-2.53 Million |
| 2013 | 6.19% | 36.59% | 0.06x | 2.70x | Dkr-1.39 Million |
| 2014 | 5.77% | 40.43% | 0.06x | 2.59x | Dkr-1.64 Million |
| 2015 | 10.31% | 81.41% | 0.05x | 2.39x | Dkr135.90K |
| 2016 | 12.45% | 118.42% | 0.05x | 2.15x | Dkr1.29 Million |
| 2017 | 14.94% | 182.67% | 0.04x | 1.83x | Dkr3.08 Million |
| 2018 | 2.17% | 26.82% | 0.04x | 1.87x | Dkr-4.98 Million |
| 2019 | 4.25% | 43.58% | 0.05x | 1.84x | Dkr-3.82 Million |
| 2020 | -10.90% | -110.16% | 0.05x | 1.88x | Dkr-12.56 Million |
| 2021 | 5.41% | 60.55% | 0.05x | 1.82x | Dkr-2.92 Million |
| 2022 | -3.94% | -51.63% | 0.04x | 1.75x | Dkr-8.51 Million |
| 2023 | -6.03% | -76.54% | 0.04x | 1.77x | Dkr-9.23 Million |
| 2024 | -0.79% | -10.58% | 0.05x | 1.55x | Dkr-6.80 Million |
Industry Comparison
This section compares German High Street Properties A/S Class B's net assets metrics with peer companies in the Real Estate Services industry.
Industry Context
- Industry: Real Estate Services
- Average net assets among peers: $491,016,269
- Average return on equity (ROE) among peers: -7.12%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| German High Street Properties A/S Class B (GERHSP) | Dkr57.52 Million | -0.01% | 0.57x | $8.07 Million |
| Agat Ejendomme A/S (AGAT) | $986.70 Million | 7.36% | 3.80x | $15.70 Million |
| Cemat A/S (CEMAT) | $62.95 Million | -26.41% | 1.10x | $5.43 Million |
| Copenhagen Capital A/S 40% Pfd. (CPHCAP-PREF32) | $308.99 Million | 17.00% | 1.59x | $35.19 Million |
| Copenhagen Capital A/S (CPHCAP-ST) | $39.88 Million | -33.27% | 0.01x | $29.01 Million |
| EgnsINVEST Ejendomme Tyskland A/S (EGNETY) | $611.85 Million | 8.42% | 1.48x | $39.41 Million |
| Fast Ejendom (FED) | $345.54 Million | 9.67% | 1.82x | $77.37 Million |
| Jeudan (JDAN) | $972.94 Million | 11.56% | 1.87x | $1.52 Billion |
| Movinn AS (MOVINN) | $3.28 Million | -63.48% | 7.93x | $516.79K |
| Park Street A/S (PARKST-A) | $1.09 Billion | 5.06% | 1.58x | $4.83 Million |