Nordfyns Bank A/S
Nordfyns Bank A/S provides banking products and services businesses in Denmark. The company offers savings and currency accounts; home, car, mortgage, energy, currency, and investment loans; construction credit; loans and credit; and operating credit. It also provides car, home, contents, salary protection, travel, student, and accident insurance; pension and investment products; electronic invoi… Read more
Nordfyns Bank A/S (NRDF) - Net Assets
Latest net assets as of June 2025: Dkr785.56 Million DKK
Based on the latest financial reports, Nordfyns Bank A/S (NRDF) has net assets worth Dkr785.56 Million DKK as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr5.79 Billion) and total liabilities (Dkr5.00 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 | Dkr785.56 Million |
| % of Total Assets | 13.57% |
| Annual Growth Rate | 11.38% |
| 5-Year Change | 48.52% |
| 10-Year Change | 150.59% |
| Growth Volatility | 10.74 |
Nordfyns Bank A/S - Net Assets Trend (2000–2024)
This chart illustrates how Nordfyns Bank 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 Nordfyns Bank A/S (2000–2024)
The table below shows the annual net assets of Nordfyns Bank A/S from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr782.94 Million | +7.05% |
| 2023-12-31 | Dkr731.38 Million | +17.13% |
| 2022-12-31 | Dkr624.44 Million | +4.14% |
| 2021-12-31 | Dkr599.61 Million | +13.74% |
| 2020-12-31 | Dkr527.15 Million | +17.46% |
| 2019-12-31 | Dkr448.80 Million | +10.51% |
| 2018-12-31 | Dkr406.11 Million | +4.23% |
| 2017-12-31 | Dkr389.64 Million | +14.05% |
| 2016-12-31 | Dkr341.65 Million | +9.35% |
| 2015-12-31 | Dkr312.43 Million | +8.64% |
| 2014-12-31 | Dkr287.58 Million | +8.79% |
| 2013-12-31 | Dkr264.34 Million | +7.78% |
| 2012-12-31 | Dkr245.25 Million | +25.99% |
| 2011-12-31 | Dkr194.66 Million | +5.66% |
| 2010-12-31 | Dkr184.23 Million | +1.79% |
| 2009-12-31 | Dkr180.98 Million | +2.56% |
| 2008-12-31 | Dkr176.47 Million | -8.67% |
| 2007-12-31 | Dkr193.22 Million | +9.11% |
| 2006-12-31 | Dkr177.08 Million | +16.81% |
| 2005-12-31 | Dkr151.60 Million | +12.98% |
| 2004-12-31 | Dkr134.18 Million | +12.14% |
| 2003-12-31 | Dkr119.66 Million | +22.86% |
| 2002-12-31 | Dkr97.40 Million | +50.70% |
| 2001-12-31 | Dkr64.63 Million | +9.70% |
| 2000-12-31 | Dkr58.91 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Nordfyns 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 1754.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr675.17 Million | 86.24% |
| Other Components | Dkr107.77 Million | 13.76% |
| Total Equity | Dkr782.94 Million | 100.00% |
Nordfyns Bank A/S Competitors by Market Cap
The table below lists competitors of Nordfyns Bank A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Television Broadcasts Limited
PINK:TVBCF
|
$136.52 Million |
|
Runa Smart Equipment Co. Ltd.
SHE:301129
|
$136.53 Million |
|
ASRock Rack Incorporation
TW:7711
|
$136.54 Million |
|
SELVITA S.A. SER.B ZY-80
F:787
|
$136.57 Million |
|
NOCIL Limited
NSE:NOCIL
|
$136.51 Million |
|
Quoc Cuong Gia Lai JSC
VN:QCG
|
$136.44 Million |
|
Lucky Strike Entertainment Corporation
NYSE:LUCK
|
$136.43 Million |
|
Blue Jet Healthcare Limited
NSE:BLUEJET
|
$136.39 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nordfyns Bank A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 681,375,000 to 782,942,000, a change of 101,567,000 (14.9%).
- Net income of 82,974,000 contributed positively to equity growth.
- Dividend payments of 28,050,000 reduced retained earnings.
- Other comprehensive income decreased equity by 50,000,000.
- Other factors increased equity by 96,643,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr82.97 Million | +10.6% |
| Dividends Paid | Dkr28.05 Million | -3.58% |
| Other Comprehensive Income | Dkr-50.00 Million | -6.39% |
| Other Changes | Dkr96.64 Million | +12.34% |
| Total Change | Dkr- | 14.91% |
Book Value vs Market Value Analysis
This analysis compares Nordfyns 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: 1.30x
- 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 4.43x to 1.30x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | Dkr139.99 | Dkr620.00 | x |
| 2006-12-31 | Dkr162.36 | Dkr620.00 | x |
| 2007-12-31 | Dkr176.24 | Dkr620.00 | x |
| 2008-12-31 | Dkr160.43 | Dkr620.00 | x |
| 2009-12-31 | Dkr169.34 | Dkr620.00 | x |
| 2010-12-31 | Dkr172.67 | Dkr620.00 | x |
| 2011-12-31 | Dkr181.50 | Dkr620.00 | x |
| 2012-12-31 | Dkr171.22 | Dkr620.00 | x |
| 2013-12-31 | Dkr161.47 | Dkr620.00 | x |
| 2014-12-31 | Dkr175.05 | Dkr620.00 | x |
| 2015-12-31 | Dkr190.18 | Dkr620.00 | x |
| 2016-12-31 | Dkr207.96 | Dkr620.00 | x |
| 2017-12-31 | Dkr237.17 | Dkr620.00 | x |
| 2018-12-31 | Dkr247.20 | Dkr620.00 | x |
| 2019-12-31 | Dkr273.18 | Dkr620.00 | x |
| 2020-12-31 | Dkr320.88 | Dkr620.00 | x |
| 2021-12-31 | Dkr364.98 | Dkr620.00 | x |
| 2022-12-31 | Dkr380.09 | Dkr620.00 | x |
| 2023-12-31 | Dkr414.75 | Dkr620.00 | x |
| 2024-12-31 | Dkr476.57 | Dkr620.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nordfyns 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): 10.60%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.89%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 7.05x
- Recent ROE (10.60%) is above the historical average (9.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 15.44% | 10.47% | 0.11x | 12.89x | Dkr3.20 Million |
| 2001 | 11.81% | 8.34% | 0.10x | 13.87x | Dkr1.17 Million |
| 2005 | 14.55% | 37.34% | 0.05x | 8.60x | Dkr6.89 Million |
| 2006 | 15.14% | 37.76% | 0.05x | 8.78x | Dkr9.09 Million |
| 2007 | 10.95% | 19.26% | 0.06x | 9.11x | Dkr1.83 Million |
| 2008 | -4.43% | -7.44% | 0.05x | 11.31x | Dkr-25.46 Million |
| 2009 | 2.78% | 4.12% | 0.06x | 11.08x | Dkr-13.06 Million |
| 2010 | 1.62% | 2.90% | 0.05x | 12.32x | Dkr-15.43 Million |
| 2011 | 4.92% | 8.46% | 0.05x | 11.21x | Dkr-9.89 Million |
| 2012 | 11.98% | 18.51% | 0.07x | 9.92x | Dkr4.86 Million |
| 2013 | 8.54% | 14.07% | 0.07x | 9.21x | Dkr-3.85 Million |
| 2014 | 9.56% | 16.20% | 0.07x | 8.69x | Dkr-1.26 Million |
| 2015 | 9.50% | 17.59% | 0.06x | 8.47x | Dkr-1.56 Million |
| 2016 | 10.41% | 19.51% | 0.06x | 8.32x | Dkr1.41 Million |
| 2017 | 13.66% | 26.86% | 0.06x | 8.15x | Dkr14.25 Million |
| 2018 | 8.78% | 17.49% | 0.05x | 9.22x | Dkr-4.93 Million |
| 2019 | 9.48% | 20.48% | 0.05x | 9.15x | Dkr-2.33 Million |
| 2020 | 5.72% | 14.39% | 0.05x | 8.75x | Dkr-22.55 Million |
| 2021 | 12.47% | 32.68% | 0.05x | 8.00x | Dkr14.82 Million |
| 2022 | 4.07% | 12.19% | 0.04x | 8.13x | Dkr-37.02 Million |
| 2023 | 15.71% | 30.78% | 0.07x | 7.58x | Dkr38.88 Million |
| 2024 | 10.60% | 26.89% | 0.06x | 7.05x | Dkr4.68 Million |
Industry Comparison
This section compares Nordfyns 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: $730,778,800
- Average return on equity (ROE) among peers: 5.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Nordfyns Bank A/S (NRDF) | Dkr785.56 Million | 15.44% | 6.37x | $136.51 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 | $350.18 Million |
| FOBANK (FOBANK) | $1.56 Billion | 10.93% | 5.47x | $353.28K |
| Fynske Bank A/S (FYNBK) | $338.39 Million | 0.00% | 4.67x | $50.82 Million |
| Groenlandsbanken AS (GRLA) | $648.72 Million | 10.37% | 4.62x | $188.66 Million |
| Hvidbjerg Bank (HVID) | $38.77 Million | 12.22% | 8.11x | $40.96 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 | $464.28 Million |
| Lollands Bank (LOLB) | $334.86 Million | -5.87% | 7.04x | $86.49 Million |
| Moens Bank A/S (MNBA) | $657.78 Million | 13.39% | 5.99x | $84.28 Million |