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. Also explore SP Group A/S asset portfolio for the complete picture of this company's asset base.

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. Check SP Group A/S tangible net worth ratio to evaluate the tangible quality of the company's equity base.

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 SP Group A/S stock valuation.

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
Iress Ltd
AU:IRE
 $860.40 Million
Opko Health Inc
NASDAQ:OPK
 $860.81 Million
JinkoSolar Holding Co. Ltd
F:ZJS1
 $860.84 Million
Seegene Inc
KQ:096530
 $860.95 Million
Ningxia Building Materials Group Co Ltd
SHG:600449
 $859.97 Million
Beijing CTJ Information Technology Co. Ltd.
SHE:301153
 $859.78 Million
Chengdu Kanghua Biological Products
SHE:300841
 $859.68 Million
Shenzhen Das Intellitech Co Ltd
SHE:002421
 $859.55 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: 3.11x
  • The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
  • The price-to-book ratio has decreased from 29.78x to 3.11x 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 Dkr468.00 x
2003-12-31 Dkr16.78 Dkr468.00 x
2004-12-31 Dkr12.57 Dkr468.00 x
2005-12-31 Dkr13.72 Dkr468.00 x
2006-12-31 Dkr15.91 Dkr468.00 x
2007-12-31 Dkr16.58 Dkr468.00 x
2008-12-31 Dkr15.93 Dkr468.00 x
2009-12-31 Dkr14.73 Dkr468.00 x
2010-12-31 Dkr17.17 Dkr468.00 x
2011-12-31 Dkr18.59 Dkr468.00 x
2012-12-31 Dkr22.07 Dkr468.00 x
2013-12-31 Dkr23.42 Dkr468.00 x
2014-12-31 Dkr26.31 Dkr468.00 x
2015-12-31 Dkr36.15 Dkr468.00 x
2016-12-31 Dkr37.32 Dkr468.00 x
2017-12-31 Dkr46.38 Dkr468.00 x
2018-12-31 Dkr54.29 Dkr468.00 x
2019-12-31 Dkr62.91 Dkr468.00 x
2020-12-31 Dkr84.99 Dkr468.00 x
2021-12-31 Dkr87.65 Dkr468.00 x
2022-12-31 Dkr103.74 Dkr468.00 x
2023-12-31 Dkr120.05 Dkr468.00 x
2024-12-31 Dkr139.74 Dkr468.00 x
2025-12-31 Dkr150.47 Dkr468.00 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 $860.35 Million
Flügger group A/S (FLUG-B) $820.77 Million 0.51% 1.36x $159.60 Million
Hove AS (HOVE) $71.42 Million 5.01% 0.35x $23.81 Million
Novonesis (Novozymes) A/S (NSIS-B) $4.25 Billion 15.23% 0.97x $26.47 Billion

About SP Group A/S

CO:SPG Denmark Specialty Chemicals
Market Cap
$860.35 Million
Dkr5.50 Billion DKK
Market Cap Rank
#9400 Global
#47 in Denmark
Share Price
Dkr468.00
Change (1 day)
-1.27%
52-Week Range
Dkr264.00 - Dkr481.50
All Time High
Dkr481.50
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