Skjern Bank A/S
Skjern Bank A/S provides various banking products and services to private and corporate customers in Denmark. The company offers savings, currency, share savings, and retirement savings accounts; term deposits; mortgage/home, cooperative housing, home construction/renovation/extension, business, and car loans; loans for electric cars, energy optimization, and renewable energy; debit and credit ca… Read more
Skjern Bank A/S (SKJE) - Net Assets
Latest net assets as of December 2025: Dkr1.98 Billion DKK
Based on the latest financial reports, Skjern Bank A/S (SKJE) has net assets worth Dkr1.98 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 (Dkr15.77 Billion) and total liabilities (Dkr13.79 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 | Dkr1.98 Billion |
| % of Total Assets | 12.57% |
| Annual Growth Rate | 10.13% |
| 5-Year Change | 58.96% |
| 10-Year Change | 185.1% |
| Growth Volatility | 278.85 |
Skjern Bank A/S - Net Assets Trend (2000–2025)
This chart illustrates how Skjern 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 Skjern Bank A/S (2000–2025)
The table below shows the annual net assets of Skjern Bank A/S from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Dkr1.98 Billion | +9.72% |
| 2024-12-31 | Dkr1.81 Billion | +13.91% |
| 2023-12-31 | Dkr1.59 Billion | +16.33% |
| 2022-12-31 | Dkr1.36 Billion | +9.32% |
| 2021-12-31 | Dkr1.25 Billion | +12.55% |
| 2020-12-31 | Dkr1.11 Billion | +7.94% |
| 2019-12-31 | Dkr1.03 Billion | +10.77% |
| 2018-12-31 | Dkr926.74 Million | +13.80% |
| 2017-12-31 | Dkr814.33 Million | +17.12% |
| 2016-12-31 | Dkr695.31 Million | +12.25% |
| 2015-12-31 | Dkr619.42 Million | +18.54% |
| 2014-12-31 | Dkr522.53 Million | -9.69% |
| 2013-12-31 | Dkr578.60 Million | +5.78% |
| 2012-12-31 | Dkr546.99 Million | +43.67% |
| 2011-12-31 | Dkr380.72 Million | -1.09% |
| 2010-12-31 | Dkr384.92 Million | +3.09% |
| 2009-12-31 | Dkr373.39 Million | -19.47% |
| 2008-12-31 | Dkr463.66 Million | -13.54% |
| 2007-12-31 | Dkr536.28 Million | +26.45% |
| 2006-12-31 | Dkr424.09 Million | +18.64% |
| 2005-12-31 | Dkr357.46 Million | +1423.53% |
| 2004-12-31 | Dkr23.46 Million | -2.91% |
| 2003-12-31 | Dkr24.17 Million | -89.24% |
| 2002-12-31 | Dkr224.51 Million | +16.52% |
| 2001-12-31 | Dkr192.69 Million | +8.38% |
| 2000-12-31 | Dkr177.80 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Skjern 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 1020.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr1.69 Billion | 85.50% |
| Common Stock | Dkr192.80 Million | 9.73% |
| Other Components | Dkr94.62 Million | 4.77% |
| Total Equity | Dkr1.98 Billion | 100.00% |
Skjern Bank A/S Competitors by Market Cap
The table below lists competitors of Skjern Bank A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Mia Teknoloji AS
IS:MIATK
|
$324.38 Million |
|
LiaonWellhope Agri-Tech Co Ltd
SHG:603609
|
$324.40 Million |
|
Anhui Higasket Plastics Co.Ltd.
SHG:603150
|
$324.48 Million |
|
BLS International Services Limited
NSE:BLS
|
$324.59 Million |
|
BR Advisory Partners
SA:BRBI11
|
$324.30 Million |
|
WILLIS LEASE FIN. DL-01
F:WIJ
|
$324.24 Million |
|
Zhejiang Youpon Integrated Ceiling Co Ltd
SHE:002718
|
$324.16 Million |
|
Shandong Ruifeng Chemical Co Ltd
SHE:300243
|
$324.08 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Skjern Bank A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,806,672,000 to 1,982,341,000, a change of 175,669,000 (9.7%).
- Net income of 246,473,000 contributed positively to equity growth.
- Other factors decreased equity by 70,804,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr246.47 Million | +12.43% |
| Other Changes | Dkr-70.80 Million | -3.57% |
| Total Change | Dkr- | 9.72% |
Book Value vs Market Value Analysis
This analysis compares Skjern 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: 1.32x
- 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 2.61x to 1.32x 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 | Dkr105.70 | Dkr275.50 | x |
| 2004-12-31 | Dkr102.62 | Dkr275.50 | x |
| 2005-12-31 | Dkr161.55 | Dkr275.50 | x |
| 2006-12-31 | Dkr193.38 | Dkr275.50 | x |
| 2007-12-31 | Dkr208.93 | Dkr275.50 | x |
| 2008-12-31 | Dkr191.78 | Dkr275.50 | x |
| 2009-12-31 | Dkr152.86 | Dkr275.50 | x |
| 2010-12-31 | Dkr151.81 | Dkr275.50 | x |
| 2011-12-31 | Dkr155.93 | Dkr275.50 | x |
| 2012-12-31 | Dkr57.21 | Dkr275.50 | x |
| 2013-12-31 | Dkr60.08 | Dkr275.50 | x |
| 2014-12-31 | Dkr54.25 | Dkr275.50 | x |
| 2015-12-31 | Dkr64.32 | Dkr275.50 | x |
| 2016-12-31 | Dkr71.85 | Dkr275.50 | x |
| 2017-12-31 | Dkr84.42 | Dkr275.50 | x |
| 2018-12-31 | Dkr96.16 | Dkr275.50 | x |
| 2019-12-31 | Dkr106.68 | Dkr275.50 | x |
| 2020-12-31 | Dkr115.02 | Dkr275.50 | x |
| 2021-12-31 | Dkr129.43 | Dkr275.50 | x |
| 2022-12-31 | Dkr141.50 | Dkr275.50 | x |
| 2023-12-31 | Dkr164.64 | Dkr275.50 | x |
| 2024-12-31 | Dkr187.56 | Dkr275.50 | x |
| 2025-12-31 | Dkr208.24 | Dkr275.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Skjern 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): 12.43%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 33.33%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 7.96x
- Recent ROE (12.43%) is below the historical average (22.44%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 10.81% | 14.41% | 0.09x | 7.98x | Dkr1.44 Million |
| 2001 | 9.60% | 12.96% | 0.09x | 8.63x | Dkr-776.90K |
| 2002 | 9.53% | 14.62% | 0.08x | 8.25x | Dkr-1.05 Million |
| 2003 | 233.23% | 45.86% | 0.06x | 90.29x | Dkr53.95 Million |
| 2004 | 178.57% | 34.02% | 0.05x | 104.92x | Dkr39.55 Million |
| 2005 | 15.60% | 43.37% | 0.04x | 8.63x | Dkr20.03 Million |
| 2006 | 15.89% | 22.75% | 0.07x | 9.78x | Dkr25.00 Million |
| 2007 | 8.07% | 13.05% | 0.06x | 9.99x | Dkr-10.38 Million |
| 2008 | -12.54% | -14.09% | 0.07x | 12.12x | Dkr-104.52 Million |
| 2009 | -24.33% | -23.88% | 0.08x | 13.36x | Dkr-128.18 Million |
| 2010 | 2.00% | 2.33% | 0.06x | 14.27x | Dkr-30.79 Million |
| 2011 | 1.27% | 1.51% | 0.06x | 13.79x | Dkr-33.22 Million |
| 2012 | 1.80% | 2.96% | 0.06x | 10.98x | Dkr-44.86 Million |
| 2013 | 4.23% | 7.29% | 0.06x | 9.20x | Dkr-33.40 Million |
| 2014 | -10.72% | -16.25% | 0.06x | 10.30x | Dkr-108.29 Million |
| 2015 | 6.48% | 12.35% | 0.06x | 8.76x | Dkr-21.83 Million |
| 2016 | 11.81% | 24.91% | 0.06x | 8.43x | Dkr12.58 Million |
| 2017 | 15.21% | 34.81% | 0.06x | 7.82x | Dkr42.39 Million |
| 2018 | 15.38% | 35.92% | 0.06x | 7.23x | Dkr49.84 Million |
| 2019 | 13.20% | 34.38% | 0.05x | 7.42x | Dkr32.83 Million |
| 2020 | 10.44% | 29.16% | 0.04x | 8.10x | Dkr4.83 Million |
| 2021 | 13.09% | 38.58% | 0.04x | 8.00x | Dkr38.59 Million |
| 2022 | 11.02% | 33.09% | 0.04x | 8.24x | Dkr13.90 Million |
| 2023 | 16.27% | 36.75% | 0.06x | 7.55x | Dkr99.37 Million |
| 2024 | 15.17% | 35.19% | 0.06x | 7.33x | Dkr93.44 Million |
| 2025 | 12.43% | 33.33% | 0.05x | 7.96x | Dkr48.24 Million |
Industry Comparison
This section compares Skjern 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 |
|---|---|---|---|---|
| Skjern Bank A/S (SKJE) | Dkr1.98 Billion | 10.81% | 6.96x | $324.35 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 |
| 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 | $85.53 Million |
| Moens Bank A/S (MNBA) | $657.78 Million | 13.39% | 5.99x | $84.72 Million |