SP Group A/S (SPG) - Net Assets

Latest as of March 2026: Dkr1.86 Billion DKK ≈ $291.73 Million USD

Based on the latest financial reports, SP Group A/S (SPG) has net assets worth Dkr1.86 Billion DKK (≈ $291.73 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr4.10 Billion ≈ $640.83 Million USD) and total liabilities (Dkr2.23 Billion ≈ $349.10 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. Explore SPG cash flow conversion to assess how effectively this company generates cash.

Key Net Assets Metrics

Metric Value
Current Net Assets Dkr1.86 Billion
% of Total Assets 45.52%
Annual Growth Rate 11.72%
5-Year Change 66.89%
10-Year Change 321.72%
Growth Volatility 14.59

SP Group A/S - Net Assets Trend (2002–2025)

This chart illustrates how SP Group A/S's net assets have evolved over time, based on quarterly financial data. Explore SP Group A/S (SPG) long-term investment share to see how much of total assets are deployed in long-term investments.

Annual Net Assets for SP Group A/S (2002–2025)

The table below shows the annual net assets of SP Group A/S from 2002 to 2025. For live valuation and market cap data, see how much is SP Group A/S worth.

Year Net Assets Change
2025-12-31 Dkr1.81 Billion
≈ $283.04 Million		 +6.62%
2024-12-31 Dkr1.70 Billion
≈ $265.48 Million		 +15.94%
2023-12-31 Dkr1.46 Billion
≈ $228.99 Million		 +15.60%
2022-12-31 Dkr1.27 Billion
≈ $198.09 Million		 +16.80%
2021-12-31 Dkr1.08 Billion
≈ $169.60 Million		 +7.61%
2020-12-31 Dkr1.01 Billion
≈ $157.61 Million		 +41.80%
2019-12-31 Dkr710.40 Million
≈ $111.15 Million		 +14.58%
2018-12-31 Dkr620.03 Million
≈ $97.01 Million		 +15.31%
2017-12-31 Dkr537.69 Million
≈ $84.13 Million		 +25.34%
2016-12-31 Dkr428.98 Million
≈ $67.12 Million		 +9.00%
2015-12-31 Dkr393.56 Million
≈ $61.58 Million		 +42.41%
2014-12-31 Dkr276.36 Million
≈ $43.24 Million		 +9.53%
2013-12-31 Dkr252.33 Million
≈ $39.48 Million		 +5.08%
2012-12-31 Dkr240.13 Million
≈ $37.57 Million		 +16.80%
2011-12-31 Dkr205.60 Million
≈ $32.17 Million		 +7.83%
2010-12-31 Dkr190.67 Million
≈ $29.83 Million		 +19.38%
2009-12-31 Dkr159.72 Million
≈ $24.99 Million		 -6.31%
2008-12-31 Dkr170.47 Million
≈ $26.67 Million		 -4.74%
2007-12-31 Dkr178.95 Million
≈ $28.00 Million		 +7.11%
2006-12-31 Dkr167.07 Million
≈ $26.14 Million		 +24.50%
2005-12-31 Dkr134.19 Million
≈ $21.00 Million		 +21.06%
2004-12-31 Dkr110.85 Million
≈ $17.34 Million		 -30.03%
2003-12-31 Dkr158.42 Million
≈ $24.79 Million		 +12.15%
2002-12-31 Dkr141.26 Million
≈ $22.10 Million		 --

Equity Component Analysis

This analysis shows how different components contribute to SP Group 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 198809100000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Retained Earnings Dkr1.95 Billion 108.24%
Common Stock Dkr24.98 Million 1.39%
Other Comprehensive Income Dkr43.96 Million 2.44%
Total Equity Dkr1.80 Billion 100.00%

SP Group A/S Competitors by Market Cap

The table below lists competitors of SP Group A/S ranked by their market capitalization.

Company Market Cap
Cicor Technologies Ltd
SW:CICN
 $756.65 Million
Barclays PLC
LSE:BARC
 $756.88 Million
Nuh Cimento Sanayi AS
IS:NUHCM
 $756.99 Million
NEW HORIZ.HEAL. DL-00005
F:6YZ
 $757.17 Million
Trilogy Metals Inc
TO:TMQ
 $756.39 Million
D-MARKET Electronic Services & Trading ADR
NASDAQ:HEPS
 $756.32 Million
AGRANA Beteiligungs-Aktiengesellschaft
VI:AGR
 $756.12 Million
Troilus Gold Corp
TO:TLG
 $756.11 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in SP Group A/S's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 1,691,152,000 to 1,801,570,000, a change of 110,418,000 (6.5%).
  • Net income of 264,995,999 contributed positively to equity growth.
  • Dividend payments of 48,033,000 reduced retained earnings.
  • Share repurchases of 72,395,000 reduced equity.
  • Other comprehensive income decreased equity by 35,024,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Dkr265.00 Million +14.71%
Dividends Paid Dkr48.03 Million -2.67%
Share Repurchases Dkr72.39 Million -4.02%
Other Comprehensive Income Dkr-35.02 Million -1.94%
Other Changes Dkr874.00K +0.05%
Total Change Dkr- 6.53%

Book Value vs Market Value Analysis

This analysis compares SP Group 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: 2.73x
  • 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 26.18x to 2.73x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-12-31 Dkr15.72 Dkr411.50 x
2003-12-31 Dkr16.78 Dkr411.50 x
2004-12-31 Dkr12.57 Dkr411.50 x
2005-12-31 Dkr13.72 Dkr411.50 x
2006-12-31 Dkr15.91 Dkr411.50 x
2007-12-31 Dkr16.58 Dkr411.50 x
2008-12-31 Dkr15.93 Dkr411.50 x
2009-12-31 Dkr14.73 Dkr411.50 x
2010-12-31 Dkr17.17 Dkr411.50 x
2011-12-31 Dkr18.59 Dkr411.50 x
2012-12-31 Dkr22.07 Dkr411.50 x
2013-12-31 Dkr23.42 Dkr411.50 x
2014-12-31 Dkr26.31 Dkr411.50 x
2015-12-31 Dkr36.15 Dkr411.50 x
2016-12-31 Dkr37.32 Dkr411.50 x
2017-12-31 Dkr46.38 Dkr411.50 x
2018-12-31 Dkr54.29 Dkr411.50 x
2019-12-31 Dkr62.91 Dkr411.50 x
2020-12-31 Dkr84.99 Dkr411.50 x
2021-12-31 Dkr87.65 Dkr411.50 x
2022-12-31 Dkr103.74 Dkr411.50 x
2023-12-31 Dkr120.05 Dkr411.50 x
2024-12-31 Dkr139.74 Dkr411.50 x
2025-12-31 Dkr150.47 Dkr411.50 x

Capital Efficiency Dashboard

This dashboard shows how efficiently SP Group 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): 14.71%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 8.99%
  • • Asset Turnover: 0.74x
  • • Equity Multiplier: 2.22x
  • Recent ROE (14.71%) is above the historical average (10.95%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2002 13.74% 3.63% 1.23x 3.08x Dkr5.22 Million
2003 7.39% 1.85% 1.02x 3.90x Dkr-3.89 Million
2004 -33.31% -5.31% 1.19x 5.29x Dkr-48.01 Million
2005 7.11% 1.16% 1.22x 4.99x Dkr-3.51 Million
2006 8.38% 1.57% 1.23x 4.35x Dkr-2.50 Million
2007 -15.86% -3.05% 1.30x 4.00x Dkr-43.20 Million
2008 12.16% 2.25% 1.22x 4.44x Dkr3.45 Million
2009 -8.35% -1.82% 1.01x 4.54x Dkr-27.23 Million
2010 14.35% 2.97% 1.15x 4.21x Dkr7.66 Million
2011 13.56% 2.65% 1.27x 4.02x Dkr6.80 Million
2012 13.90% 2.85% 1.33x 3.68x Dkr8.86 Million
2013 16.00% 3.54% 1.25x 3.63x Dkr14.64 Million
2014 14.63% 3.35% 1.23x 3.54x Dkr12.35 Million
2015 15.49% 4.59% 1.22x 2.76x Dkr21.47 Million
2016 21.61% 6.08% 1.27x 2.81x Dkr49.66 Million
2017 24.63% 7.01% 1.24x 2.82x Dkr78.51 Million
2018 25.97% 8.19% 1.19x 2.66x Dkr98.67 Million
2019 19.80% 7.00% 0.97x 2.91x Dkr69.39 Million
2020 15.01% 6.93% 0.96x 2.25x Dkr50.32 Million
2021 18.75% 8.17% 0.98x 2.34x Dkr94.63 Million
2022 16.86% 8.02% 0.90x 2.35x Dkr86.58 Million
2023 10.86% 6.08% 0.86x 2.07x Dkr12.57 Million
2024 15.43% 8.93% 0.92x 1.87x Dkr91.82 Million
2025 14.71% 8.99% 0.74x 2.22x Dkr84.84 Million

Industry Comparison

This section compares SP Group A/S's net assets metrics with peer companies in the Specialty Chemicals industry.

Industry Context

  • Industry: Specialty Chemicals
  • Average net assets among peers: $1,713,396,610
  • Average return on equity (ROE) among peers: 6.92%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
SP Group A/S (SPG) Dkr1.86 Billion 13.74% 1.20x $756.48 Million
Flügger group A/S (FLUG-B) $820.77 Million 0.51% 1.36x $132.36 Million
Hove AS (HOVE) $71.42 Million 5.01% 0.35x $23.66 Million
Novonesis (Novozymes) A/S (NSIS-B) $4.25 Billion 15.23% 0.97x $24.43 Billion

About SP Group A/S

CO:SPG Denmark Specialty Chemicals
Market Cap
$756.48 Million
Dkr4.84 Billion DKK
Market Cap Rank
#10485 Global
#49 in Denmark
Share Price
Dkr411.50
Change (1 day)
-2.37%
52-Week Range
Dkr264.00 - Dkr421.50
All Time High
Dkr432.47
Categories
Companies in Denmark Specialty Chemicals
About

SP Group A/S, together with its subsidiaries, manufactures and sells moulded plastic and composite components in Denmark, rest of Europe, the Americas, Asia, the Middle East, Australia, and Africa. The company offers hydrographic printing, electromagnetic shielding, other coatings; solid, foamed, flexible, and light-foam polyurethane products; and ventilation equipment, ergonomic matting, and str… Read more