Hvidbjerg Bank
Hvidbjerg Bank A/S provides various banking products and services to private and business customers in Denmark. The company offers various accounts; debit cards; car and motorcycle loans, consumer loans, and housing financing; and self-service, payment card, travel currency, signature room, protected email, electronic payment, and digital payment solutions. It also provides insurance products, su… Read more
Hvidbjerg Bank (HVID) - Net Assets
Latest net assets as of September 2025: Dkr305.78 Million DKK
Based on the latest financial reports, Hvidbjerg Bank (HVID) has net assets worth Dkr305.78 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 (Dkr2.50 Billion) and total liabilities (Dkr2.19 Billion). 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 | Dkr305.78 Million |
| % of Total Assets | 12.23% |
| Annual Growth Rate | 8.69% |
| 5-Year Change | 64.64% |
| 10-Year Change | 157.68% |
| Growth Volatility | 10.59 |
Hvidbjerg Bank - Net Assets Trend (2000–2024)
This chart illustrates how Hvidbjerg Bank's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Hvidbjerg Bank (2000–2024)
The table below shows the annual net assets of Hvidbjerg Bank from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr286.46 Million | +13.03% |
| 2023-12-31 | Dkr253.43 Million | +14.69% |
| 2022-12-31 | Dkr220.96 Million | +12.30% |
| 2021-12-31 | Dkr196.76 Million | +13.08% |
| 2020-12-31 | Dkr174.00 Million | +8.59% |
| 2019-12-31 | Dkr160.24 Million | +16.95% |
| 2018-12-31 | Dkr137.02 Million | +2.70% |
| 2017-12-31 | Dkr133.42 Million | +10.26% |
| 2016-12-31 | Dkr121.00 Million | +8.85% |
| 2015-12-31 | Dkr111.17 Million | +15.76% |
| 2014-12-31 | Dkr96.03 Million | +40.10% |
| 2013-12-31 | Dkr68.54 Million | -9.76% |
| 2012-12-31 | Dkr75.95 Million | +13.92% |
| 2011-12-31 | Dkr66.67 Million | -9.41% |
| 2010-12-31 | Dkr73.60 Million | -10.13% |
| 2009-12-31 | Dkr81.89 Million | +2.52% |
| 2008-12-31 | Dkr79.88 Million | +1.50% |
| 2007-12-31 | Dkr78.70 Million | +5.22% |
| 2006-12-31 | Dkr74.80 Million | +9.01% |
| 2005-12-31 | Dkr68.62 Million | +4.76% |
| 2004-12-31 | Dkr65.50 Million | +7.03% |
| 2003-12-31 | Dkr61.20 Million | +18.04% |
| 2002-12-31 | Dkr51.84 Million | +23.25% |
| 2001-12-31 | Dkr42.06 Million | +8.48% |
| 2000-12-31 | Dkr38.77 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Hvidbjerg Bank'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 929.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr234.50 Million | 81.86% |
| Common Stock | Dkr33.60 Million | 11.73% |
| Other Components | Dkr18.36 Million | 6.41% |
| Total Equity | Dkr286.46 Million | 100.00% |
Hvidbjerg Bank Competitors by Market Cap
The table below lists competitors of Hvidbjerg Bank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
GoldMoney Inc
PINK:XAUMF
|
$41.38 Million |
|
BIOTON S.A. ZY 20
F:7U5
|
$41.40 Million |
|
Max India Limited
NSE:MAXIND
|
$41.42 Million |
|
Century Lithium Corp.
V:LCE
|
$41.42 Million |
|
Allied Telesis Holdings K.K
OTCGREY:ATSKF
|
$41.37 Million |
|
Keep Inc.
F:WZ2
|
$41.36 Million |
|
Western Uranium & Vanadium Corp
OTCQX:WSTRF
|
$41.36 Million |
|
Wanshih Electronic Co Ltd
TWO:6134
|
$41.34 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Hvidbjerg Bank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 253,431,000 to 286,460,000, a change of 33,029,000 (13.0%).
- Net income of 34,481,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 15,000,000.
- Other factors increased equity by 13,548,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr34.48 Million | +12.04% |
| Other Comprehensive Income | Dkr-15.00 Million | -5.24% |
| Other Changes | Dkr13.55 Million | +4.73% |
| Total Change | Dkr- | 13.03% |
Book Value vs Market Value Analysis
This analysis compares Hvidbjerg Bank'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: 1.14x
- 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 2.39x to 1.14x 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 | Dkr81.22 | Dkr194.00 | x |
| 2009-12-31 | Dkr84.42 | Dkr194.00 | x |
| 2010-12-31 | Dkr75.87 | Dkr194.00 | x |
| 2011-12-31 | Dkr68.73 | Dkr194.00 | x |
| 2012-12-31 | Dkr45.21 | Dkr194.00 | x |
| 2013-12-31 | Dkr40.85 | Dkr194.00 | x |
| 2014-12-31 | Dkr57.26 | Dkr194.00 | x |
| 2015-12-31 | Dkr66.49 | Dkr194.00 | x |
| 2016-12-31 | Dkr72.15 | Dkr194.00 | x |
| 2017-12-31 | Dkr79.41 | Dkr194.00 | x |
| 2018-12-31 | Dkr81.55 | Dkr194.00 | x |
| 2019-12-31 | Dkr95.37 | Dkr194.00 | x |
| 2020-12-31 | Dkr103.56 | Dkr194.00 | x |
| 2021-12-31 | Dkr117.11 | Dkr194.00 | x |
| 2022-12-31 | Dkr131.51 | Dkr194.00 | x |
| 2023-12-31 | Dkr150.84 | Dkr194.00 | x |
| 2024-12-31 | Dkr170.49 | Dkr194.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Hvidbjerg Bank 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): 12.04%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.33%
- • Asset Turnover: 0.07x
- • Equity Multiplier: 8.04x
- Recent ROE (12.04%) is above the historical average (6.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 12.22% | 13.99% | 0.10x | 9.11x | Dkr862.50K |
| 2001 | 10.31% | 12.08% | 0.09x | 9.30x | Dkr131.70K |
| 2002 | 8.82% | 13.42% | 0.08x | 8.11x | Dkr-614.20K |
| 2003 | 17.74% | 26.74% | 0.09x | 7.72x | Dkr4.73 Million |
| 2004 | 8.18% | 15.82% | 0.07x | 7.63x | Dkr-1.20 Million |
| 2005 | 8.01% | 15.23% | 0.07x | 7.74x | Dkr-1.37 Million |
| 2007 | 5.73% | 8.49% | 0.07x | 9.91x | Dkr-3.36 Million |
| 2008 | 2.31% | 2.79% | 0.08x | 10.31x | Dkr-6.14 Million |
| 2009 | 1.53% | 1.87% | 0.07x | 11.05x | Dkr-6.94 Million |
| 2010 | -10.72% | -12.40% | 0.06x | 13.86x | Dkr-15.25 Million |
| 2011 | -10.76% | -10.45% | 0.07x | 14.19x | Dkr-13.84 Million |
| 2012 | -19.11% | -20.41% | 0.07x | 13.02x | Dkr-22.11 Million |
| 2013 | -11.14% | -10.57% | 0.08x | 13.31x | Dkr-14.49 Million |
| 2014 | 11.22% | 14.82% | 0.08x | 9.78x | Dkr1.17 Million |
| 2015 | 15.79% | 24.59% | 0.07x | 8.59x | Dkr6.43 Million |
| 2016 | 9.44% | 16.12% | 0.07x | 8.54x | Dkr-680.40K |
| 2017 | 10.50% | 19.50% | 0.06x | 8.62x | Dkr673.20K |
| 2018 | 12.06% | 21.42% | 0.06x | 8.74x | Dkr2.82 Million |
| 2019 | 16.99% | 29.41% | 0.07x | 8.02x | Dkr11.21 Million |
| 2020 | 8.47% | 18.05% | 0.06x | 8.49x | Dkr-2.67 Million |
| 2021 | 12.07% | 26.84% | 0.06x | 7.99x | Dkr4.07 Million |
| 2022 | 11.39% | 23.53% | 0.06x | 7.88x | Dkr3.08 Million |
| 2023 | 13.27% | 24.03% | 0.07x | 8.11x | Dkr8.29 Million |
| 2024 | 12.04% | 22.33% | 0.07x | 8.04x | Dkr5.83 Million |
Industry Comparison
This section compares Hvidbjerg Bank's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $807,668,111
- Average return on equity (ROE) among peers: 4.85%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Hvidbjerg Bank (HVID) | Dkr305.78 Million | 12.22% | 7.18x | $41.38 Million |
| P/F BankNordik (BNORDIK-CSE) | $1.77 Billion | -12.51% | 8.20x | $69.40 Million |
| Djurslands Bank (DJUR) | $680.71 Million | 5.40% | 8.62x | $335.71 Million |
| FOBANK (FOBANK) | $1.56 Billion | 10.93% | 5.47x | $347.47K |
| Fynske Bank A/S (FYNBK) | $338.39 Million | 0.00% | 4.67x | $50.30 Million |
| Groenlandsbanken AS (GRLA) | $648.72 Million | 10.37% | 4.62x | $192.61 Million |
| Kreditbanken A/S (KRE) | $350.31 Million | 14.22% | 5.39x | $145.63 Million |
| Laan & Spar Bank AS (LASP) | $929.87 Million | 7.71% | 12.50x | $449.18 Million |
| Lollands Bank (LOLB) | $334.86 Million | -5.87% | 7.04x | $85.53 Million |
| Moens Bank A/S (MNBA) | $657.78 Million | 13.39% | 5.99x | $83.85 Million |