Sparekassen Sjaelland-Fyn 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
Sparekassen Sjaelland-Fyn A/S (SPKSJF) - Net Assets
Latest net assets as of December 2025: Dkr5.14 Billion DKK
Based on the latest financial reports, Sparekassen Sjaelland-Fyn A/S (SPKSJF) has net assets worth Dkr5.14 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 (Dkr35.25 Billion) and total liabilities (Dkr30.11 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 | Dkr5.14 Billion |
| % of Total Assets | 14.59% |
| Annual Growth Rate | 7.82% |
| 5-Year Change | 35.54% |
| 10-Year Change | 98.8% |
| Growth Volatility | 12.96 |
Sparekassen Sjaelland-Fyn A/S - Net Assets Trend (2005–2025)
This chart illustrates how Sparekassen Sjaelland-Fyn 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 Sparekassen Sjaelland-Fyn A/S (2005–2025)
The table below shows the annual net assets of Sparekassen Sjaelland-Fyn A/S from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Dkr5.14 Billion | +7.01% |
| 2024-12-31 | Dkr4.81 Billion | +8.59% |
| 2023-12-31 | Dkr4.43 Billion | +7.24% |
| 2022-12-31 | Dkr4.13 Billion | +8.78% |
| 2021-12-31 | Dkr3.80 Billion | +12.22% |
| 2020-12-31 | Dkr3.38 Billion | +4.47% |
| 2019-12-31 | Dkr3.24 Billion | +5.00% |
| 2018-12-31 | Dkr3.08 Billion | +9.63% |
| 2017-12-31 | Dkr2.81 Billion | +8.68% |
| 2016-12-31 | Dkr2.59 Billion | +4.80% |
| 2015-12-31 | Dkr2.47 Billion | +12.24% |
| 2014-12-31 | Dkr2.20 Billion | +43.88% |
| 2013-12-31 | Dkr1.53 Billion | -31.00% |
| 2012-12-31 | Dkr2.22 Billion | +5.89% |
| 2011-12-31 | Dkr2.09 Billion | +3.14% |
| 2010-12-31 | Dkr2.03 Billion | +5.16% |
| 2009-12-31 | Dkr1.93 Billion | +3.34% |
| 2008-12-31 | Dkr1.87 Billion | +9.75% |
| 2007-12-31 | Dkr1.70 Billion | +18.54% |
| 2006-12-31 | Dkr1.44 Billion | +25.70% |
| 2005-12-31 | Dkr1.14 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sparekassen Sjaelland-Fyn 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 366.1% 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% |
| Common Stock | Dkr165.42 Million | 3.22% |
| Other Components | Dkr1.00 Billion | 19.47% |
| Total Equity | Dkr5.14 Billion | 100.00% |
Sparekassen Sjaelland-Fyn A/S Competitors by Market Cap
The table below lists competitors of Sparekassen Sjaelland-Fyn A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Ami Organics Limited
NSE:AMIORG
|
$704.27 Million |
|
SWEDISH LOGISTIC PROP. B
F:H45
|
$704.31 Million |
|
Gudeng Precision Industrial Co Ltd
TWO:3680
|
$704.52 Million |
|
Vestis Corporation
NYSE:VSTS
|
$705.34 Million |
|
Jilin Liyuan Precision Manufacturing Co Ltd
SHE:002501
|
$703.83 Million |
|
Iperionx Ltd
AU:IPX
|
$703.27 Million |
|
Surgery Partners Inc
NASDAQ:SGRY
|
$703.09 Million |
|
Man Wah Holdings Limited
F:AAM
|
$703.07 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sparekassen Sjaelland-Fyn 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 Sparekassen Sjaelland-Fyn 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: 0.98x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 2.07x to 0.98x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2009-12-31 | Dkr148.07 | Dkr306.00 | x |
| 2010-12-31 | Dkr155.71 | Dkr306.00 | x |
| 2011-12-31 | Dkr160.60 | Dkr306.00 | x |
| 2012-12-31 | Dkr170.05 | Dkr306.00 | x |
| 2013-12-31 | Dkr117.33 | Dkr306.00 | x |
| 2014-12-31 | Dkr168.81 | Dkr306.00 | x |
| 2015-12-31 | Dkr189.22 | Dkr306.00 | x |
| 2016-12-31 | Dkr199.85 | Dkr306.00 | x |
| 2017-12-31 | Dkr213.60 | Dkr306.00 | x |
| 2018-12-31 | Dkr192.91 | Dkr306.00 | x |
| 2019-12-31 | Dkr186.69 | Dkr306.00 | x |
| 2020-12-31 | Dkr195.72 | Dkr306.00 | x |
| 2021-12-31 | Dkr220.32 | Dkr306.00 | x |
| 2022-12-31 | Dkr239.25 | Dkr306.00 | x |
| 2023-12-31 | Dkr257.93 | Dkr306.00 | x |
| 2024-12-31 | Dkr285.36 | Dkr306.00 | x |
| 2025-12-31 | Dkr313.54 | Dkr306.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sparekassen Sjaelland-Fyn 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: 31.49%
- • Asset Turnover: 0.06x
- • Equity Multiplier: 6.85x
- Recent ROE (11.89%) is above the historical average (3.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2009 | 0.69% | 1.36% | 0.07x | 7.10x | Dkr-179.67 Million |
| 2010 | 0.89% | 2.12% | 0.06x | 7.58x | Dkr-184.92 Million |
| 2011 | 0.39% | 0.87% | 0.05x | 8.72x | Dkr-201.03 Million |
| 2012 | 0.90% | 1.81% | 0.06x | 7.66x | Dkr-201.60 Million |
| 2013 | -48.59% | -51.00% | 0.07x | 13.15x | Dkr-895.90 Million |
| 2014 | 8.18% | 13.41% | 0.07x | 8.78x | Dkr-39.97 Million |
| 2015 | 5.85% | 12.59% | 0.06x | 7.59x | Dkr-102.57 Million |
| 2016 | 4.62% | 10.45% | 0.06x | 7.67x | Dkr-139.12 Million |
| 2017 | 7.14% | 17.66% | 0.05x | 7.64x | Dkr-80.45 Million |
| 2018 | 4.80% | 13.37% | 0.05x | 7.74x | Dkr-160.20 Million |
| 2019 | 7.00% | 20.08% | 0.04x | 7.83x | Dkr-97.01 Million |
| 2020 | 6.76% | 19.46% | 0.04x | 8.06x | Dkr-109.55 Million |
| 2021 | 11.69% | 36.30% | 0.04x | 7.38x | Dkr63.98 Million |
| 2022 | 9.00% | 29.34% | 0.04x | 7.18x | Dkr-41.10 Million |
| 2023 | 12.61% | 31.33% | 0.06x | 7.16x | Dkr115.66 Million |
| 2024 | 12.96% | 30.66% | 0.06x | 6.68x | Dkr142.35 Million |
| 2025 | 11.89% | 31.49% | 0.06x | 6.85x | Dkr97.13 Million |
Industry Comparison
This section compares Sparekassen Sjaelland-Fyn 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 |
|---|---|---|---|---|
| Sparekassen Sjaelland-Fyn A/S (SPKSJF) | Dkr5.14 Billion | 0.69% | 5.85x | $703.86 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 |