Laan & Spar Bank AS
Lån & Spar Bank A/S provides various banking products and services in Denmark. The company offers deposits, savings, student, grandchild, budget, salary, and payment accounts; private, car, caravan, motorcycle, housing, mortgage, cottage, business, and energy loans; cards; and payment services. It also provides pension and investment products; and private, life, health, and other insurance produc… Read more
Laan & Spar Bank AS (LASP) - Net Assets
Latest net assets as of December 2025: Dkr3.61 Billion DKK
Based on the latest financial reports, Laan & Spar Bank AS (LASP) has net assets worth Dkr3.61 Billion DKK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr40.98 Billion) and total liabilities (Dkr37.37 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 | Dkr3.61 Billion |
| % of Total Assets | 8.81% |
| Annual Growth Rate | 7.74% |
| 5-Year Change | 61.06% |
| 10-Year Change | 202.59% |
| Growth Volatility | 6.72 |
Laan & Spar Bank AS - Net Assets Trend (2000–2025)
This chart illustrates how Laan & Spar Bank AS's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Laan & Spar Bank AS (2000–2025)
The table below shows the annual net assets of Laan & Spar Bank AS from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Dkr3.61 Billion | +11.05% |
| 2024-12-31 | Dkr3.25 Billion | +13.77% |
| 2023-12-31 | Dkr2.86 Billion | +18.00% |
| 2022-12-31 | Dkr2.42 Billion | +8.03% |
| 2021-12-31 | Dkr2.24 Billion | +8.46% |
| 2020-12-31 | Dkr2.07 Billion | +7.77% |
| 2019-12-31 | Dkr1.92 Billion | +7.69% |
| 2018-12-31 | Dkr1.78 Billion | +32.34% |
| 2017-12-31 | Dkr1.35 Billion | +12.78% |
| 2016-12-31 | Dkr1.19 Billion | +10.64% |
| 2015-12-31 | Dkr1.08 Billion | +8.69% |
| 2014-12-31 | Dkr992.14 Million | +6.70% |
| 2013-12-31 | Dkr929.87 Million | +11.00% |
| 2012-12-31 | Dkr837.75 Million | +8.26% |
| 2011-12-31 | Dkr773.82 Million | +5.87% |
| 2010-12-31 | Dkr730.95 Million | +6.67% |
| 2009-12-31 | Dkr685.22 Million | -1.52% |
| 2008-12-31 | Dkr695.78 Million | -2.45% |
| 2007-12-31 | Dkr713.25 Million | +2.83% |
| 2006-12-31 | Dkr693.63 Million | +1.79% |
| 2005-12-31 | Dkr681.45 Million | +4.33% |
| 2004-12-31 | Dkr653.19 Million | +4.02% |
| 2003-12-31 | Dkr627.95 Million | +3.79% |
| 2002-12-31 | Dkr604.99 Million | +2.73% |
| 2001-12-31 | Dkr588.91 Million | +5.24% |
| 2000-12-31 | Dkr559.56 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Laan & Spar Bank AS'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 1280.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr3.08 Billion | 85.45% |
| Other Components | Dkr525.38 Million | 14.55% |
| Total Equity | Dkr3.61 Billion | 100.00% |
Laan & Spar Bank AS Competitors by Market Cap
The table below lists competitors of Laan & Spar Bank AS ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Hubei Kailong Chemical Group Co Ltd
SHE:002783
|
$464.39 Million |
|
Jiayuan Science and Technology Co.Ltd.
SHE:301117
|
$464.79 Million |
|
Chong Kun Dang Pharmaceutical
KO:185750
|
$464.86 Million |
|
Bikaji Foods International Limited
NSE:BIKAJI
|
$464.99 Million |
|
Banco de Valores SA
BA:VALO
|
$464.19 Million |
|
Shanghai Fengyuzhu Exhibition Co Ltd Class A
SHG:603466
|
$464.12 Million |
|
METAWATER CO.LTD
F:2MW
|
$464.12 Million |
|
Plejd AB (publ)
F:3CA
|
$464.11 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Laan & Spar Bank AS's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 3,250,919,000 to 3,610,290,000, a change of 359,371,000 (11.1%).
- Net income of 411,329,000 contributed positively to equity growth.
- Dividend payments of 69,312,000 reduced retained earnings.
- Share repurchases of 48,813,000 reduced equity.
- New share issuances of 42,138,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr411.33 Million | +11.39% |
| Dividends Paid | Dkr69.31 Million | -1.92% |
| Share Repurchases | Dkr48.81 Million | -1.35% |
| Share Issuances | Dkr42.14 Million | +1.17% |
| Other Changes | Dkr24.03 Million | +0.67% |
| Total Change | Dkr- | 11.05% |
Book Value vs Market Value Analysis
This analysis compares Laan & Spar Bank AS'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: 1.18x
- 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 5.14x to 1.18x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | Dkr239.20 | Dkr1230.00 | x |
| 2004-12-31 | Dkr248.54 | Dkr1230.00 | x |
| 2005-12-31 | Dkr259.58 | Dkr1230.00 | x |
| 2006-12-31 | Dkr269.81 | Dkr1230.00 | x |
| 2007-12-31 | Dkr279.79 | Dkr1230.00 | x |
| 2008-12-31 | Dkr275.12 | Dkr1230.00 | x |
| 2009-12-31 | Dkr273.15 | Dkr1230.00 | x |
| 2010-12-31 | Dkr292.39 | Dkr1230.00 | x |
| 2011-12-31 | Dkr304.05 | Dkr1230.00 | x |
| 2012-12-31 | Dkr325.45 | Dkr1230.00 | x |
| 2013-12-31 | Dkr352.59 | Dkr1230.00 | x |
| 2014-12-31 | Dkr366.72 | Dkr1230.00 | x |
| 2015-12-31 | Dkr398.76 | Dkr1230.00 | x |
| 2016-12-31 | Dkr441.66 | Dkr1230.00 | x |
| 2017-12-31 | Dkr498.54 | Dkr1230.00 | x |
| 2018-12-31 | Dkr651.11 | Dkr1230.00 | x |
| 2019-12-31 | Dkr555.36 | Dkr1230.00 | x |
| 2020-12-31 | Dkr598.70 | Dkr1230.00 | x |
| 2021-12-31 | Dkr648.44 | Dkr1230.00 | x |
| 2022-12-31 | Dkr700.88 | Dkr1230.00 | x |
| 2023-12-31 | Dkr827.75 | Dkr1230.00 | x |
| 2024-12-31 | Dkr940.12 | Dkr1230.00 | x |
| 2025-12-31 | Dkr1044.25 | Dkr1230.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Laan & Spar Bank AS 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): 11.39%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 25.54%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 11.35x
- Recent ROE (11.39%) is above the historical average (7.71%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 6.45% | 7.60% | 0.07x | 12.38x | Dkr-19.87 Million |
| 2001 | 4.95% | 5.73% | 0.07x | 12.10x | Dkr-29.72 Million |
| 2002 | 5.54% | 7.31% | 0.06x | 12.33x | Dkr-26.96 Million |
| 2003 | 4.77% | 8.93% | 0.04x | 11.87x | Dkr-32.87 Million |
| 2004 | 3.33% | 5.92% | 0.05x | 11.65x | Dkr-43.56 Million |
| 2005 | 6.30% | 11.20% | 0.05x | 11.66x | Dkr-25.19 Million |
| 2006 | 4.51% | 7.06% | 0.05x | 12.06x | Dkr-38.07 Million |
| 2007 | 3.92% | 5.14% | 0.06x | 11.80x | Dkr-43.35 Million |
| 2008 | -0.13% | -0.14% | 0.07x | 12.55x | Dkr-70.46 Million |
| 2009 | 4.64% | 5.05% | 0.07x | 14.11x | Dkr-36.74 Million |
| 2010 | 5.98% | 7.47% | 0.06x | 13.16x | Dkr-29.41 Million |
| 2011 | 5.24% | 6.45% | 0.06x | 12.72x | Dkr-36.87 Million |
| 2012 | 9.32% | 10.93% | 0.06x | 13.12x | Dkr-5.71 Million |
| 2013 | 7.71% | 9.78% | 0.06x | 13.50x | Dkr-21.26 Million |
| 2014 | 10.23% | 12.63% | 0.06x | 13.80x | Dkr2.25 Million |
| 2015 | 9.40% | 12.40% | 0.05x | 14.38x | Dkr-6.51 Million |
| 2016 | 11.64% | 15.42% | 0.05x | 14.20x | Dkr19.62 Million |
| 2017 | 12.65% | 18.29% | 0.05x | 14.28x | Dkr35.69 Million |
| 2018 | 7.89% | 15.15% | 0.04x | 12.20x | Dkr-37.59 Million |
| 2019 | 9.14% | 17.69% | 0.04x | 12.87x | Dkr-16.52 Million |
| 2020 | 7.41% | 15.95% | 0.04x | 13.27x | Dkr-53.50 Million |
| 2021 | 9.03% | 20.13% | 0.04x | 12.38x | Dkr-21.68 Million |
| 2022 | 8.38% | 17.82% | 0.04x | 12.40x | Dkr-39.12 Million |
| 2023 | 16.55% | 25.15% | 0.06x | 11.63x | Dkr187.28 Million |
| 2024 | 14.23% | 21.62% | 0.06x | 11.19x | Dkr137.48 Million |
| 2025 | 11.39% | 25.54% | 0.04x | 11.35x | Dkr50.30 Million |
Industry Comparison
This section compares Laan & Spar Bank AS's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $708,657,556
- Average return on equity (ROE) among peers: 5.35%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Laan & Spar Bank AS (LASP) | Dkr3.61 Billion | 6.45% | 10.35x | $464.28 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 | $347.29 Million |
| FOBANK (FOBANK) | $1.56 Billion | 10.93% | 5.47x | $358.19K |
| Fynske Bank A/S (FYNBK) | $338.39 Million | 0.00% | 4.67x | $49.79 Million |
| Groenlandsbanken AS (GRLA) | $648.72 Million | 10.37% | 4.62x | $191.62 Million |
| Hvidbjerg Bank (HVID) | $38.77 Million | 12.22% | 8.11x | $41.17 Million |
| Kreditbanken A/S (KRE) | $350.31 Million | 14.22% | 5.39x | $143.90 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 | $84.72 Million |