Kreditbanken A/S
Kreditbanken A/S provides various banking products and services to private and business customers in Denmark. It offers a wide range of products related to professional and sustainable advice for bond yields and rising bond prices. Kreditbanken A/S was founded in 1926 and is headquartered in Aabenraa, Denmark.
Kreditbanken A/S (KRE) - Net Assets
Latest net assets as of September 2025: Dkr1.17 Billion DKK
Based on the latest financial reports, Kreditbanken A/S (KRE) has net assets worth Dkr1.17 Billion DKK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr7.32 Billion) and total liabilities (Dkr6.15 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 | Dkr1.17 Billion |
| % of Total Assets | 16.02% |
| Annual Growth Rate | 8.52% |
| 5-Year Change | 54.03% |
| 10-Year Change | 148.87% |
| Growth Volatility | 5.27 |
Kreditbanken A/S - Net Assets Trend (2000–2024)
This chart illustrates how Kreditbanken A/S's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kreditbanken A/S (2000–2024)
The table below shows the annual net assets of Kreditbanken A/S from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr1.08 Billion | +12.72% |
| 2023-12-31 | Dkr958.21 Million | +16.89% |
| 2022-12-31 | Dkr819.74 Million | +4.38% |
| 2021-12-31 | Dkr785.32 Million | +11.99% |
| 2020-12-31 | Dkr701.23 Million | +7.88% |
| 2019-12-31 | Dkr649.99 Million | +14.09% |
| 2018-12-31 | Dkr569.71 Million | +9.72% |
| 2017-12-31 | Dkr519.26 Million | +12.12% |
| 2016-12-31 | Dkr463.12 Million | +6.71% |
| 2015-12-31 | Dkr433.99 Million | +1.07% |
| 2014-12-31 | Dkr429.40 Million | +4.81% |
| 2013-12-31 | Dkr409.68 Million | +2.29% |
| 2012-12-31 | Dkr400.51 Million | +2.43% |
| 2011-12-31 | Dkr391.01 Million | +2.18% |
| 2010-12-31 | Dkr382.66 Million | +3.13% |
| 2009-12-31 | Dkr371.04 Million | +0.58% |
| 2008-12-31 | Dkr368.90 Million | +5.31% |
| 2007-12-31 | Dkr350.31 Million | +12.84% |
| 2006-12-31 | Dkr310.45 Million | +13.85% |
| 2005-12-31 | Dkr272.67 Million | +17.45% |
| 2004-12-31 | Dkr232.16 Million | +10.69% |
| 2003-12-31 | Dkr209.75 Million | +17.44% |
| 2002-12-31 | Dkr178.60 Million | +9.40% |
| 2001-12-31 | Dkr163.25 Million | +7.49% |
| 2000-12-31 | Dkr151.87 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kreditbanken 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 673.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr1.04 Billion | 95.93% |
| Common Stock | Dkr16.82 Million | 1.56% |
| Other Components | Dkr27.17 Million | 2.52% |
| Total Equity | Dkr1.08 Billion | 100.00% |
Kreditbanken A/S Competitors by Market Cap
The table below lists competitors of Kreditbanken A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PRIMA MARINE PCL-NVDR
BK:PRM-R
|
$145.66 Million |
|
Microbot Medical Inc
NASDAQ:MBOT
|
$145.73 Million |
|
Prince Pipes And Fittings Limited
NSE:PRINCEPIPE
|
$145.74 Million |
|
Orsero S.p.A.
LSE:0YCG
|
$145.81 Million |
|
INSPIRED ENTERTMT DL-01
F:4U8
|
$145.58 Million |
|
Altamir SCA
PA:LTA
|
$145.53 Million |
|
Dong-A St
KO:170900
|
$145.52 Million |
|
Polyplex Corporation Limited
NSE:POLYPLEX
|
$145.52 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kreditbanken A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 958,209,000 to 1,080,093,000, a change of 121,884,000 (12.7%).
- Net income of 139,247,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 1,941,000.
- Other factors decreased equity by 15,422,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr139.25 Million | +12.89% |
| Other Comprehensive Income | Dkr-1.94 Million | -0.18% |
| Other Changes | Dkr-15.42 Million | -1.43% |
| Total Change | Dkr- | 12.72% |
Book Value vs Market Value Analysis
This analysis compares Kreditbanken 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: 1.31x
- 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 6.45x to 1.31x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | Dkr1302.77 | Dkr8400.00 | x |
| 2005-12-31 | Dkr1530.14 | Dkr8400.00 | x |
| 2006-12-31 | Dkr1742.13 | Dkr8400.00 | x |
| 2007-12-31 | Dkr1965.80 | Dkr8400.00 | x |
| 2008-12-31 | Dkr2071.30 | Dkr8400.00 | x |
| 2009-12-31 | Dkr2083.35 | Dkr8400.00 | x |
| 2010-12-31 | Dkr2148.56 | Dkr8400.00 | x |
| 2011-12-31 | Dkr2192.94 | Dkr8400.00 | x |
| 2012-12-31 | Dkr2248.78 | Dkr8400.00 | x |
| 2013-12-31 | Dkr2298.32 | Dkr8400.00 | x |
| 2014-12-31 | Dkr2408.93 | Dkr8400.00 | x |
| 2015-12-31 | Dkr2435.14 | Dkr8400.00 | x |
| 2016-12-31 | Dkr2754.03 | Dkr8400.00 | x |
| 2017-12-31 | Dkr3087.61 | Dkr8400.00 | x |
| 2018-12-31 | Dkr3387.45 | Dkr8400.00 | x |
| 2019-12-31 | Dkr3864.39 | Dkr8400.00 | x |
| 2020-12-31 | Dkr4169.02 | Dkr8400.00 | x |
| 2021-12-31 | Dkr4668.94 | Dkr8400.00 | x |
| 2022-12-31 | Dkr4873.60 | Dkr8400.00 | x |
| 2023-12-31 | Dkr5696.84 | Dkr8400.00 | x |
| 2024-12-31 | Dkr6421.75 | Dkr8400.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kreditbanken 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): 12.89%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 34.12%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 6.28x
- Recent ROE (12.89%) is above the historical average (8.44%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 12.13% | 21.42% | 0.09x | 6.20x | Dkr3.23 Million |
| 2001 | 9.15% | 15.31% | 0.10x | 6.19x | Dkr-1.38 Million |
| 2004 | 12.73% | 17.41% | 0.12x | 6.09x | Dkr6.33 Million |
| 2005 | 0.00% | 0.00% | 0.13x | 5.71x | Dkr-27.26 Million |
| 2006 | 14.72% | 18.36% | 0.13x | 6.02x | Dkr14.66 Million |
| 2007 | 14.22% | 16.67% | 0.13x | 6.39x | Dkr14.77 Million |
| 2008 | 7.48% | 13.60% | 0.08x | 6.56x | Dkr-9.29 Million |
| 2009 | 0.90% | 1.75% | 0.08x | 6.25x | Dkr-33.76 Million |
| 2010 | 3.59% | 8.45% | 0.07x | 5.80x | Dkr-24.51 Million |
| 2011 | 2.72% | 6.70% | 0.07x | 5.85x | Dkr-28.47 Million |
| 2012 | 2.78% | 6.83% | 0.07x | 5.87x | Dkr-28.90 Million |
| 2013 | 3.06% | 8.11% | 0.06x | 5.84x | Dkr-28.42 Million |
| 2014 | 5.32% | 14.46% | 0.06x | 5.85x | Dkr-20.09 Million |
| 2015 | 5.54% | 15.23% | 0.06x | 6.38x | Dkr-19.36 Million |
| 2016 | 7.27% | 20.04% | 0.06x | 6.06x | Dkr-12.66 Million |
| 2017 | 11.62% | 34.70% | 0.06x | 5.90x | Dkr8.42 Million |
| 2018 | 13.94% | 40.13% | 0.06x | 6.27x | Dkr22.46 Million |
| 2019 | 13.13% | 45.06% | 0.05x | 6.32x | Dkr20.33 Million |
| 2020 | 8.51% | 32.84% | 0.04x | 6.62x | Dkr-10.47 Million |
| 2021 | 11.78% | 47.14% | 0.04x | 6.50x | Dkr13.96 Million |
| 2022 | 5.30% | 23.44% | 0.03x | 6.59x | Dkr-38.50 Million |
| 2023 | 15.33% | 39.54% | 0.06x | 6.20x | Dkr51.06 Million |
| 2024 | 12.89% | 34.12% | 0.06x | 6.28x | Dkr31.24 Million |
Industry Comparison
This section compares Kreditbanken A/S's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $773,053,556
- Average return on equity (ROE) among peers: 4.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kreditbanken A/S (KRE) | Dkr1.17 Billion | 12.13% | 5.24x | $145.63 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 |
| Hvidbjerg Bank (HVID) | $38.77 Million | 12.22% | 8.11x | $41.38 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 |