SJF Bank A/S (SJF) - Net Assets
Based on the latest financial reports, SJF Bank A/S (SJF) has net assets worth Dkr5.24 Billion DKK (≈ $819.83 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr36.72 Billion ≈ $5.74 Billion USD) and total liabilities (Dkr31.48 Billion ≈ $4.92 Billion 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. See SJF Bank A/S balance sheet independence to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Dkr5.24 Billion |
| % of Total Assets | 14.27% |
| Annual Growth Rate | 7.61% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 0.7 |
SJF Bank A/S - Net Assets Trend (2022–2025)
This chart illustrates how SJF Bank A/S's net assets have evolved over time, based on quarterly financial data. Also explore SJF net assets growth trend to track the company's year-over-year net asset growth rate.
Annual Net Assets for SJF Bank A/S (2022–2025)
The table below shows the annual net assets of SJF Bank A/S from 2022 to 2025. For live market cap and overall valuation, see market cap of SJF Bank A/S.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Dkr5.14 Billion ≈ $804.91 Million |
+7.01% |
| 2024-12-31 | Dkr4.81 Billion ≈ $752.21 Million |
+8.59% |
| 2023-12-31 | Dkr4.43 Billion ≈ $692.73 Million |
+7.24% |
| 2022-12-31 | Dkr4.13 Billion ≈ $645.95 Million |
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Equity Component Analysis
This analysis shows how different components contribute to SJF 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 37.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr3.98 Billion | 77.31% |
| Other Components | Dkr1.17 Billion | 22.69% |
| Total Equity | Dkr5.14 Billion | 100.00% |
SJF Bank A/S Competitors by Market Cap
The table below lists competitors of SJF Bank A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Universal Technical Institute Inc
NYSE:UTI
|
$1.14 Billion |
|
Wuxi Dk Electronic Materials Co Ltd
SHE:300842
|
$1.14 Billion |
|
Trupanion Inc
NASDAQ:TRUP
|
$1.14 Billion |
|
Hanza AB
ST:HANZA
|
$1.14 Billion |
|
Fujian Aonong Biological Technology Group Incorporation Ltd
SHG:603363
|
$1.13 Billion |
|
Selcuk Ecza Deposu Ticaret ve Sanayi AS
IS:SELEC
|
$1.13 Billion |
|
Metals X Ltd
AU:MLX
|
$1.13 Billion |
|
Morgan Stanley Direct Lending Fund
NYSE:MSDL
|
$1.13 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in SJF Bank A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 4,807,748,000 to 5,144,604,000, a change of 336,856,000 (7.0%).
- Net income of 611,592,000 contributed positively to equity growth.
- Dividend payments of 182,448,000 reduced retained earnings.
- Share repurchases of 135,972,000 reduced equity.
- New share issuances of 14,118,000 increased equity.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr611.59 Million | +11.89% |
| Dividends Paid | Dkr182.45 Million | -3.55% |
| Share Repurchases | Dkr135.97 Million | -2.64% |
| Share Issuances | Dkr14.12 Million | +0.27% |
| Other Changes | Dkr29.57 Million | +0.57% |
| Total Change | Dkr- | 7.01% |
Book Value vs Market Value Analysis
This analysis compares SJF 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: 1.42x
- 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 1.89x to 1.42x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | Dkr238.60 | Dkr451.50 | x |
| 2023-12-31 | Dkr260.00 | Dkr451.50 | x |
| 2024-12-31 | Dkr288.96 | Dkr451.50 | x |
| 2025-12-31 | Dkr317.00 | Dkr451.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently SJF 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): 11.89%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 34.19%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 6.85x
- Recent ROE (11.89%) is above the historical average (11.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2022 | 9.00% | 29.10% | 0.04x | 7.18x | Dkr-41.10 Million |
| 2023 | 12.61% | 35.25% | 0.05x | 7.16x | Dkr115.66 Million |
| 2024 | 12.96% | 35.55% | 0.05x | 6.68x | Dkr142.35 Million |
| 2025 | 11.89% | 34.19% | 0.05x | 6.85x | Dkr97.13 Million |
Industry Comparison
This section compares SJF 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: $8,801,074,100
- Average return on equity (ROE) among peers: 7.63%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| SJF Bank A/S (SJF) | Dkr5.24 Billion | 9.00% | 6.01x | $1.14 Billion |
| Danske Andelskassers Bank A/S (DAB) | $2.29 Billion | 6.53% | 5.10x | $490.33 Million |
| Danske Bank A/S (DANSKE) | $66.97 Billion | 13.91% | 29.65x | $44.48 Billion |
| Djurslands Bank (DJUR) | $832.65 Million | 6.85% | 6.98x | $438.26 Million |
| Fynske Bank A/S (FYNBK) | $1.15 Billion | 3.14% | 6.09x | $231.27 Million |
| Groenlandsbanken AS (GRLA) | $530.80 Million | 13.91% | 5.76x | $333.72 Million |
| Hvidbjerg Bank (HVID) | $174.00 Million | 8.47% | 7.49x | $47.84 Million |
| Jyske Bank A/S (JYSK) | $13.85 Billion | 3.54% | 18.52x | $9.48 Billion |
| Kreditbanken A/S (KRE) | $819.74 Million | 5.30% | 5.59x | $255.27 Million |
| Laan & Spar Bank AS (LASP) | $713.25 Million | 3.92% | 10.80x | $730.24 Million |
| Lollands Bank (LOLB) | $687.11 Million | 10.71% | 5.41x | $148.02 Million |
About SJF Bank A/S
SJF Bank A/S provides various banking products and services in Denmark. It provides savings, wealth, and other accounts; housing, car, and agriculture loans; insurance and pension products; investment services; leasing and consulting services; and private banking services, as well as online and mobile banking services. The company was formerly known as Sparekassen Sjælland-Fyn A/S and changed its… Read more