Moens Bank A/S (MNBA) - Net Assets
Based on the latest financial reports, Moens Bank A/S (MNBA) has net assets worth Dkr732.77 Million DKK (≈ $114.65 Million USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr5.51 Billion ≈ $862.86 Million USD) and total liabilities (Dkr4.78 Billion ≈ $748.21 Million 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 tangible net worth ratio of Moens Bank A/S to evaluate the tangible quality of the company's equity base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Dkr732.77 Million |
| % of Total Assets | 13.29% |
| Annual Growth Rate | 7.6% |
| 5-Year Change | 36.72% |
| 10-Year Change | 124.35% |
| Growth Volatility | 6.3 |
Moens Bank A/S - Net Assets Trend (2002–2025)
This chart illustrates how Moens Bank A/S's net assets have evolved over time, based on quarterly financial data. See operational self-sufficiency of Moens Bank A/S to measure how many days the company can operate on defensive assets alone.
Annual Net Assets for Moens Bank A/S (2002–2025)
The table below shows the annual net assets of Moens Bank A/S from 2002 to 2025. For live valuation and market cap data, see how much is Moens Bank A/S worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Dkr732.77 Million ≈ $114.65 Million |
+5.77% |
| 2024-12-31 | Dkr692.82 Million ≈ $108.40 Million |
+5.33% |
| 2023-12-31 | Dkr657.78 Million ≈ $102.91 Million |
+13.97% |
| 2022-12-31 | Dkr577.14 Million ≈ $90.30 Million |
+7.68% |
| 2021-12-31 | Dkr535.96 Million ≈ $83.85 Million |
+9.31% |
| 2020-12-31 | Dkr490.30 Million ≈ $76.71 Million |
+4.61% |
| 2019-12-31 | Dkr468.71 Million ≈ $73.33 Million |
+6.88% |
| 2018-12-31 | Dkr438.53 Million ≈ $68.61 Million |
+24.51% |
| 2017-12-31 | Dkr352.20 Million ≈ $55.10 Million |
+7.83% |
| 2016-12-31 | Dkr326.62 Million ≈ $51.10 Million |
+5.02% |
| 2015-12-31 | Dkr310.99 Million ≈ $48.66 Million |
+5.65% |
| 2014-12-31 | Dkr294.37 Million ≈ $46.06 Million |
+1.05% |
| 2013-12-31 | Dkr291.30 Million ≈ $45.58 Million |
-6.21% |
| 2012-12-31 | Dkr310.58 Million ≈ $48.59 Million |
+4.57% |
| 2011-12-31 | Dkr297.01 Million ≈ $46.47 Million |
+15.91% |
| 2010-12-31 | Dkr256.24 Million ≈ $40.09 Million |
+1.44% |
| 2009-12-31 | Dkr252.60 Million ≈ $39.52 Million |
+5.71% |
| 2008-12-31 | Dkr238.97 Million ≈ $37.39 Million |
+0.55% |
| 2007-12-31 | Dkr237.66 Million ≈ $37.18 Million |
+7.44% |
| 2006-12-31 | Dkr221.21 Million ≈ $34.61 Million |
+15.21% |
| 2005-12-31 | Dkr192.00 Million ≈ $30.04 Million |
+8.63% |
| 2004-12-31 | Dkr176.75 Million ≈ $27.65 Million |
+11.96% |
| 2003-12-31 | Dkr157.87 Million ≈ $24.70 Million |
+16.20% |
| 2002-12-31 | Dkr135.87 Million ≈ $21.26 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Moens Bank 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 514.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr684.77 Million | 93.45% |
| Common Stock | Dkr40.00 Million | 5.46% |
| Other Components | Dkr8.00 Million | 1.09% |
| Total Equity | Dkr732.77 Million | 100.00% |
Moens Bank A/S Competitors by Market Cap
The table below lists competitors of Moens Bank A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PepGen Ltd
NASDAQ:PEPG
|
$121.74 Million |
|
UNIBEP S.A.
WAR:UNI
|
$121.76 Million |
|
Odlewnie Polskie SA
WAR:ODL
|
$121.76 Million |
|
MSM Malaysia Holdings Bhd
KLSE:5202
|
$121.78 Million |
|
Value Valves Co Ltd
TWO:4580
|
$121.65 Million |
|
Easy Field
TWO:6425
|
$121.64 Million |
|
HMA AGRO INDUSTRIES ORD (BSE)
NSE:HMAAGRO
|
$121.64 Million |
|
Innoviz Technologies
NASDAQ:INVZ
|
$121.51 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Moens Bank A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 692,817,000 to 732,767,000, a change of 39,950,000 (5.8%).
- Net income of 51,923,000 contributed positively to equity growth.
- Other factors decreased equity by 11,973,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr51.92 Million | +7.09% |
| Other Changes | Dkr-11.97 Million | -1.63% |
| Total Change | Dkr- | 5.77% |
Book Value vs Market Value Analysis
This analysis compares Moens Bank 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: 1.06x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.70x to 1.06x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2003-12-31 | Dkr558.08 | Dkr389.00 | x |
| 2004-12-31 | Dkr624.80 | Dkr389.00 | x |
| 2005-12-31 | Dkr678.73 | Dkr389.00 | x |
| 2006-12-31 | Dkr781.97 | Dkr389.00 | x |
| 2007-12-31 | Dkr840.11 | Dkr389.00 | x |
| 2008-12-31 | Dkr844.74 | Dkr389.00 | x |
| 2009-12-31 | Dkr485.90 | Dkr389.00 | x |
| 2010-12-31 | Dkr492.91 | Dkr389.00 | x |
| 2011-12-31 | Dkr392.43 | Dkr389.00 | x |
| 2012-12-31 | Dkr209.21 | Dkr389.00 | x |
| 2013-12-31 | Dkr200.97 | Dkr389.00 | x |
| 2014-12-31 | Dkr203.26 | Dkr389.00 | x |
| 2015-12-31 | Dkr213.13 | Dkr389.00 | x |
| 2016-12-31 | Dkr224.27 | Dkr389.00 | x |
| 2017-12-31 | Dkr239.62 | Dkr389.00 | x |
| 2018-12-31 | Dkr220.48 | Dkr389.00 | x |
| 2019-12-31 | Dkr233.89 | Dkr389.00 | x |
| 2020-12-31 | Dkr246.49 | Dkr389.00 | x |
| 2021-12-31 | Dkr267.98 | Dkr389.00 | x |
| 2022-12-31 | Dkr287.97 | Dkr389.00 | x |
| 2023-12-31 | Dkr328.89 | Dkr389.00 | x |
| 2024-12-31 | Dkr346.41 | Dkr389.00 | x |
| 2025-12-31 | Dkr366.93 | Dkr389.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Moens Bank 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): 7.09%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 19.18%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 7.53x
- Recent ROE (7.09%) is below the historical average (7.37%), 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 | 7.56% | 14.25% | 0.10x | 5.56x | Dkr-3.31 Million |
| 2003 | 16.82% | 37.89% | 0.08x | 5.54x | Dkr10.77 Million |
| 2004 | 13.39% | 33.20% | 0.08x | 5.20x | Dkr6.00 Million |
| 2005 | 12.62% | 31.64% | 0.07x | 5.92x | Dkr5.03 Million |
| 2006 | 15.83% | 40.63% | 0.07x | 5.72x | Dkr12.90 Million |
| 2007 | 9.12% | 21.38% | 0.08x | 5.37x | Dkr-2.10 Million |
| 2008 | 2.87% | 7.13% | 0.07x | 5.45x | Dkr-17.04 Million |
| 2009 | 5.23% | 11.37% | 0.08x | 5.59x | Dkr-12.04 Million |
| 2010 | 1.85% | 4.76% | 0.07x | 5.49x | Dkr-20.87 Million |
| 2011 | -3.57% | -10.18% | 0.07x | 4.94x | Dkr-40.31 Million |
| 2012 | 2.00% | 4.94% | 0.07x | 5.44x | Dkr-24.83 Million |
| 2013 | -5.40% | -11.09% | 0.07x | 6.58x | Dkr-44.87 Million |
| 2014 | 7.10% | 15.17% | 0.07x | 6.64x | Dkr-8.54 Million |
| 2015 | 6.74% | 16.01% | 0.06x | 7.09x | Dkr-10.14 Million |
| 2016 | 6.90% | 15.14% | 0.06x | 7.68x | Dkr-10.12 Million |
| 2017 | 8.34% | 19.39% | 0.06x | 7.65x | Dkr-5.86 Million |
| 2018 | 7.00% | 19.45% | 0.05x | 7.03x | Dkr-13.17 Million |
| 2019 | 7.27% | 20.16% | 0.05x | 6.98x | Dkr-12.80 Million |
| 2020 | 5.80% | 17.43% | 0.04x | 7.63x | Dkr-20.60 Million |
| 2021 | 8.67% | 28.38% | 0.04x | 7.49x | Dkr-7.15 Million |
| 2022 | 8.20% | 24.10% | 0.04x | 7.56x | Dkr-10.42 Million |
| 2023 | 13.39% | 33.62% | 0.06x | 6.99x | Dkr22.33 Million |
| 2024 | 12.09% | 30.95% | 0.05x | 7.22x | Dkr14.49 Million |
| 2025 | 7.09% | 19.18% | 0.05x | 7.53x | Dkr-21.35 Million |
Industry Comparison
This section compares Moens Bank A/S's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $17,066,794,200
- Average return on equity (ROE) among peers: 5.84%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Moens Bank A/S (MNBA) | Dkr732.77 Million | 7.56% | 6.53x | $121.72 Million |
| Danske Andelskassers Bank A/S (DAB) | $1.22 Billion | -14.01% | 10.36x | $588.04 Million |
| Danske Bank A/S (DANSKE) | $170.51 Billion | 8.84% | 21.06x | $44.01 Billion |
| Djurslands Bank (DJUR) | $1.92 Billion | 13.01% | 7.84x | $395.26 Million |
| Fynske Bank A/S (FYNBK) | $364.25 Million | 11.44% | 4.37x | $222.37 Million |
| Groenlandsbanken AS (GRLA) | $1.32 Billion | 7.49% | 5.03x | $279.93 Million |
| Hvidbjerg Bank (HVID) | $286.46 Million | 12.04% | 7.04x | $47.32 Million |
| Jyske Bank A/S (JYSK) | $-6.79 Billion | 0.00% | 0.00x | $8.48 Billion |
| Kreditbanken A/S (KRE) | $433.99 Million | 5.54% | 5.38x | $214.48 Million |
| Laan & Spar Bank AS (LASP) | $681.45 Million | 6.30% | 10.66x | $697.78 Million |
| Lollands Bank (LOLB) | $726.67 Million | 7.80% | 5.66x | $146.33 Million |
About Moens Bank A/S
Møns Bank A/S provides banking products and services to private and wealth customers, small and medium-sized businesses in Denmark. The company offers basic deposit accounts, savings, budget and flex accounts, and loans and credits; car loans and credits; housing loans; investment products; pension and insurance products; non-life insurance; payment cards; e-boxes; mobile banking; mobile pay and … Read more