GN Store Nord (GN) - Net Assets
Based on the latest financial reports, GN Store Nord (GN) has net assets worth Dkr10.90 Billion DKK (≈ $1.71 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr29.23 Billion ≈ $4.57 Billion USD) and total liabilities (Dkr18.33 Billion ≈ $2.87 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 financial resilience of GN Store Nord to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Dkr10.90 Billion |
| % of Total Assets | 37.29% |
| Annual Growth Rate | -2.34% |
| 5-Year Change | 74.96% |
| 10-Year Change | 93.91% |
| Growth Volatility | 20.89 |
GN Store Nord - Net Assets Trend (2000–2025)
This chart illustrates how GN Store Nord's net assets have evolved over time, based on quarterly financial data. Also explore GN total assets for the complete picture of this company's asset base.
Annual Net Assets for GN Store Nord (2000–2025)
The table below shows the annual net assets of GN Store Nord from 2000 to 2025. For live valuation and market cap data, see GN Store Nord market cap and net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Dkr10.90 Billion ≈ $1.71 Billion |
+0.68% |
| 2024-12-31 | Dkr10.82 Billion ≈ $1.69 Billion |
+12.90% |
| 2023-12-31 | Dkr9.59 Billion ≈ $1.50 Billion |
+40.99% |
| 2022-12-31 | Dkr6.80 Billion ≈ $1.06 Billion |
+9.17% |
| 2021-12-31 | Dkr6.23 Billion ≈ $974.57 Million |
+20.30% |
| 2020-12-31 | Dkr5.18 Billion ≈ $810.14 Million |
+6.78% |
| 2019-12-31 | Dkr4.85 Billion ≈ $758.66 Million |
-4.85% |
| 2018-12-31 | Dkr5.10 Billion ≈ $797.31 Million |
+6.54% |
| 2017-12-31 | Dkr4.78 Billion ≈ $748.34 Million |
-14.89% |
| 2016-12-31 | Dkr5.62 Billion ≈ $879.29 Million |
-2.50% |
| 2015-12-31 | Dkr5.76 Billion ≈ $901.82 Million |
+1.71% |
| 2014-12-31 | Dkr5.67 Billion ≈ $886.64 Million |
+6.32% |
| 2013-12-31 | Dkr5.33 Billion ≈ $833.92 Million |
-3.83% |
| 2012-12-31 | Dkr5.54 Billion ≈ $867.09 Million |
-19.42% |
| 2011-12-31 | Dkr6.88 Billion ≈ $1.08 Billion |
+5.75% |
| 2010-12-31 | Dkr6.50 Billion ≈ $1.02 Billion |
+46.65% |
| 2009-12-31 | Dkr4.43 Billion ≈ $693.89 Million |
-1.60% |
| 2008-12-31 | Dkr4.51 Billion ≈ $705.15 Million |
+0.56% |
| 2007-12-31 | Dkr4.48 Billion ≈ $701.24 Million |
-8.53% |
| 2006-12-31 | Dkr4.90 Billion ≈ $766.64 Million |
-8.39% |
| 2005-12-31 | Dkr5.35 Billion ≈ $836.89 Million |
+15.60% |
| 2004-12-31 | Dkr4.63 Billion ≈ $723.93 Million |
+3.49% |
| 2003-12-31 | Dkr4.47 Billion ≈ $699.52 Million |
-6.64% |
| 2002-12-31 | Dkr4.79 Billion ≈ $749.27 Million |
-55.28% |
| 2001-12-31 | Dkr10.71 Billion ≈ $1.68 Billion |
-45.64% |
| 2000-12-31 | Dkr19.70 Billion ≈ $3.08 Billion |
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Equity Component Analysis
This analysis shows how different components contribute to GN Store Nord'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 1427300000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr14.27 Billion | 130.97% |
| Common Stock | Dkr604.00 Million | 5.54% |
| Other Comprehensive Income | Dkr-1.25 Billion | -11.51% |
| Total Equity | Dkr10.90 Billion | 100.00% |
GN Store Nord Competitors by Market Cap
The table below lists competitors of GN Store Nord ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cyfrowy Polsat SA
WAR:CPS
|
$2.27 Billion |
|
Customers Bancorp Inc
NYSE:CUBI
|
$2.28 Billion |
|
Nanjing Yunhai Special Metals Co Ltd
SHE:002182
|
$2.28 Billion |
|
Zhongman Petro & Natural Gas
SHG:603619
|
$2.28 Billion |
|
Jiangsu Toland Alloy Co Ltd
SHE:300855
|
$2.27 Billion |
|
Insignia Financial Ltd
AU:IFL
|
$2.27 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
$2.27 Billion |
|
Fujian Star Net Communic Ltd
SHE:002396
|
$2.27 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in GN Store Nord's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 10,824,000,000 to 10,898,000,000, a change of 74,000,000 (0.7%).
- Net income of 653,000,000 contributed positively to equity growth.
- Dividend payments of 85,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 539,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr653.00 Million | +5.99% |
| Dividends Paid | Dkr85.00 Million | -0.78% |
| Other Comprehensive Income | Dkr-539.00 Million | -4.95% |
| Other Changes | Dkr45.00 Million | +0.41% |
| Total Change | Dkr- | 0.68% |
Book Value vs Market Value Analysis
This analysis compares GN Store Nord'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: 1.33x
- 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 4.40x to 1.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | Dkr22.66 | Dkr99.80 | x |
| 2003-12-31 | Dkr21.10 | Dkr99.80 | x |
| 2004-12-31 | Dkr21.72 | Dkr99.80 | x |
| 2005-12-31 | Dkr25.45 | Dkr99.80 | x |
| 2006-12-31 | Dkr23.85 | Dkr99.80 | x |
| 2007-12-31 | Dkr21.99 | Dkr99.80 | x |
| 2008-12-31 | Dkr22.13 | Dkr99.80 | x |
| 2009-12-31 | Dkr21.61 | Dkr99.80 | x |
| 2010-12-31 | Dkr31.56 | Dkr99.80 | x |
| 2011-12-31 | Dkr33.95 | Dkr99.80 | x |
| 2012-12-31 | Dkr30.68 | Dkr99.80 | x |
| 2013-12-31 | Dkr31.56 | Dkr99.80 | x |
| 2014-12-31 | Dkr34.64 | Dkr99.80 | x |
| 2015-12-31 | Dkr36.78 | Dkr99.80 | x |
| 2016-12-31 | Dkr37.88 | Dkr99.80 | x |
| 2017-12-31 | Dkr34.17 | Dkr99.80 | x |
| 2018-12-31 | Dkr37.51 | Dkr99.80 | x |
| 2019-12-31 | Dkr36.63 | Dkr99.80 | x |
| 2020-12-31 | Dkr39.82 | Dkr99.80 | x |
| 2021-12-31 | Dkr47.84 | Dkr99.80 | x |
| 2022-12-31 | Dkr53.07 | Dkr99.80 | x |
| 2023-12-31 | Dkr68.98 | Dkr99.80 | x |
| 2024-12-31 | Dkr74.28 | Dkr99.80 | x |
| 2025-12-31 | Dkr74.79 | Dkr99.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently GN Store Nord 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): 5.99%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.87%
- • Asset Turnover: 0.58x
- • Equity Multiplier: 2.68x
- Recent ROE (5.99%) is below the historical average (15.37%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2002 | 114.09% | 99.13% | 0.69x | 1.66x | Dkr4.99 Billion |
| 2003 | -6.37% | -6.01% | 0.72x | 1.48x | Dkr-732.10 Million |
| 2004 | -12.10% | -10.09% | 0.91x | 1.32x | Dkr-1.02 Billion |
| 2005 | 15.89% | 12.79% | 0.82x | 1.51x | Dkr315.10 Million |
| 2006 | -1.12% | -1.61% | 0.41x | 1.68x | Dkr-545.00 Million |
| 2007 | -2.10% | -1.57% | 0.76x | 1.75x | Dkr-542.20 Million |
| 2008 | -1.24% | -1.00% | 0.71x | 1.75x | Dkr-506.70 Million |
| 2009 | -1.58% | -1.48% | 0.66x | 1.61x | Dkr-513.50 Million |
| 2010 | 28.52% | 36.05% | 0.52x | 1.51x | Dkr1.20 Billion |
| 2011 | 12.58% | 15.55% | 0.50x | 1.63x | Dkr177.20 Million |
| 2012 | 5.79% | 5.14% | 0.76x | 1.48x | Dkr-233.20 Million |
| 2013 | 13.79% | 10.82% | 0.76x | 1.68x | Dkr202.00 Million |
| 2014 | 13.99% | 10.80% | 0.72x | 1.81x | Dkr226.30 Million |
| 2015 | 13.97% | 9.58% | 0.75x | 1.94x | Dkr228.60 Million |
| 2016 | 18.38% | 11.94% | 0.67x | 2.28x | Dkr471.00 Million |
| 2017 | 24.73% | 12.34% | 0.82x | 2.45x | Dkr704.70 Million |
| 2018 | 24.35% | 11.70% | 0.81x | 2.55x | Dkr731.40 Million |
| 2019 | 29.99% | 11.56% | 0.75x | 3.44x | Dkr969.10 Million |
| 2020 | 24.18% | 9.31% | 0.81x | 3.22x | Dkr734.20 Million |
| 2021 | 28.19% | 11.13% | 0.67x | 3.78x | Dkr1.13 Billion |
| 2022 | 7.51% | 2.73% | 0.61x | 4.50x | Dkr-169.00 Million |
| 2023 | 2.38% | 1.26% | 0.59x | 3.20x | Dkr-730.70 Million |
| 2024 | 9.13% | 5.49% | 0.59x | 2.83x | Dkr-94.40 Million |
| 2025 | 5.99% | 3.87% | 0.58x | 2.68x | Dkr-436.80 Million |
Industry Comparison
This section compares GN Store Nord's net assets metrics with peer companies in the Medical Devices industry.
Industry Context
- Industry: Medical Devices
- Average net assets among peers: $252,411,454
- Average return on equity (ROE) among peers: 19.31%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| GN Store Nord (GN) | Dkr10.90 Billion | 114.09% | 1.68x | $2.27 Billion |
| Ambu A/S (AMBU-B) | $349.14 Million | 10.80% | 0.88x | $2.36 Billion |
| ChemoMetec A/S (CHEMM) | $73.01 Million | 24.95% | 0.56x | $887.61 Million |
| Demant A/S (DEMANT) | $756.47 Million | 104.51% | 2.82x | $6.90 Billion |
| Scandinavian Medical Solutions AS (SMSMED) | $74.45 Million | 16.42% | 1.20x | $12.95 Million |
| ViroGates A/S (VIRO) | $8.98 Million | -60.13% | 0.34x | $16.41 Million |
About GN Store Nord
GN Store Nord A/S provides hearing, audio, video, and gaming solutions in Denmark, Europe, North America, and internationally. The company operates through Hearing, Enterprise, and Gaming segments. The Hearing segment produces and sells hearing instruments and products. The Enterprise segment supplies audio and video devices for professional use. The Gaming segment produces gaming devices and per… Read more