Sydbank A/S (SYDB) - Net Assets
Based on the latest financial reports, Sydbank A/S (SYDB) has net assets worth Dkr15.90 Billion DKK (≈ $2.49 Billion USD) as of June 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr197.85 Billion ≈ $30.96 Billion USD) and total liabilities (Dkr181.94 Billion ≈ $28.47 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. Check SYDB asset resilience ratio to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Dkr15.90 Billion |
| % of Total Assets | 8.04% |
| Annual Growth Rate | 6.85% |
| 5-Year Change | 26.21% |
| 10-Year Change | 38.13% |
| Growth Volatility | 7.97 |
Sydbank A/S - Net Assets Trend (2000–2024)
This chart illustrates how Sydbank A/S's net assets have evolved over time, based on quarterly financial data. Also explore SYDB total assets for the complete picture of this company's asset base.
Annual Net Assets for Sydbank A/S (2000–2024)
The table below shows the annual net assets of Sydbank A/S from 2000 to 2024. For live valuation and market cap data, see how much is Sydbank A/S worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr15.78 Billion ≈ $2.47 Billion |
+0.23% |
| 2023-12-31 | Dkr15.75 Billion ≈ $2.46 Billion |
+12.64% |
| 2022-12-31 | Dkr13.98 Billion ≈ $2.19 Billion |
+5.82% |
| 2021-12-31 | Dkr13.21 Billion ≈ $2.07 Billion |
+5.65% |
| 2020-12-31 | Dkr12.51 Billion ≈ $1.96 Billion |
+6.31% |
| 2019-12-31 | Dkr11.76 Billion ≈ $1.84 Billion |
+0.70% |
| 2018-12-31 | Dkr11.68 Billion ≈ $1.83 Billion |
-2.05% |
| 2017-12-31 | Dkr11.93 Billion ≈ $1.87 Billion |
+1.44% |
| 2016-12-31 | Dkr11.76 Billion ≈ $1.84 Billion |
+2.89% |
| 2015-12-31 | Dkr11.43 Billion ≈ $1.79 Billion |
+1.03% |
| 2014-12-31 | Dkr11.31 Billion ≈ $1.77 Billion |
+10.49% |
| 2013-12-31 | Dkr10.24 Billion ≈ $1.60 Billion |
+2.03% |
| 2012-12-31 | Dkr10.03 Billion ≈ $1.57 Billion |
+4.56% |
| 2011-12-31 | Dkr9.60 Billion ≈ $1.50 Billion |
+0.43% |
| 2010-12-31 | Dkr9.55 Billion ≈ $1.49 Billion |
+4.78% |
| 2009-12-31 | Dkr9.12 Billion ≈ $1.43 Billion |
+28.64% |
| 2008-12-31 | Dkr7.09 Billion ≈ $1.11 Billion |
+5.84% |
| 2007-12-31 | Dkr6.70 Billion ≈ $1.05 Billion |
+5.48% |
| 2006-12-31 | Dkr6.35 Billion ≈ $993.35 Million |
+27.34% |
| 2005-12-31 | Dkr4.99 Billion ≈ $780.10 Million |
+12.63% |
| 2004-12-31 | Dkr4.43 Billion ≈ $692.64 Million |
+2.22% |
| 2003-12-31 | Dkr4.33 Billion ≈ $677.62 Million |
+21.08% |
| 2002-12-31 | Dkr3.58 Billion ≈ $559.65 Million |
+4.13% |
| 2001-12-31 | Dkr3.44 Billion ≈ $537.43 Million |
+6.64% |
| 2000-12-31 | Dkr3.22 Billion ≈ $503.95 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sydbank 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 705.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr12.39 Billion | 78.69% |
| Other Components | Dkr3.35 Billion | 21.31% |
| Total Equity | Dkr15.74 Billion | 100.00% |
Sydbank A/S Competitors by Market Cap
The table below lists competitors of Sydbank A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
ENSTAR GROUP LTD DL-01
F:48R
|
$4.27 Billion |
|
E-L Financial Corp Ltd
TO:ELF
|
$4.28 Billion |
|
Challenger Ltd
AU:CGF
|
$4.28 Billion |
|
Gujarat Fluorochemicals Limited
NSE:FLUOROCHEM
|
$4.28 Billion |
|
Bilfinger SE
XETRA:GBF
|
$4.27 Billion |
|
Novanta Inc
F:1GSN
|
$4.27 Billion |
|
Flughafen Wien Aktiengesellschaft
VI:FLU
|
$4.26 Billion |
|
Guangdong Electric Power Development Co Ltd
SHE:000539
|
$4.25 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sydbank A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 14,950,000,000 to 15,742,000,000, a change of 792,000,000 (5.3%).
- Net income of 2,762,000,000 contributed positively to equity growth.
- Dividend payments of 1,680,000,000 reduced retained earnings.
- Other comprehensive income decreased equity by 566,000,000.
- Other factors increased equity by 276,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr2.76 Billion | +17.55% |
| Dividends Paid | Dkr1.68 Billion | -10.67% |
| Other Comprehensive Income | Dkr-566.00 Million | -3.6% |
| Other Changes | Dkr276.00 Million | +1.75% |
| Total Change | Dkr- | 5.30% |
Book Value vs Market Value Analysis
This analysis compares Sydbank 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: 1.82x
- 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 7.66x to 1.82x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-12-31 | Dkr72.72 | Dkr557.00 | x |
| 2006-12-31 | Dkr92.66 | Dkr557.00 | x |
| 2007-12-31 | Dkr100.34 | Dkr557.00 | x |
| 2008-12-31 | Dkr111.72 | Dkr557.00 | x |
| 2009-12-31 | Dkr136.24 | Dkr557.00 | x |
| 2010-12-31 | Dkr129.95 | Dkr557.00 | x |
| 2011-12-31 | Dkr131.00 | Dkr557.00 | x |
| 2012-12-31 | Dkr137.33 | Dkr557.00 | x |
| 2013-12-31 | Dkr139.45 | Dkr557.00 | x |
| 2014-12-31 | Dkr154.29 | Dkr557.00 | x |
| 2015-12-31 | Dkr157.61 | Dkr557.00 | x |
| 2016-12-31 | Dkr167.02 | Dkr557.00 | x |
| 2017-12-31 | Dkr174.45 | Dkr557.00 | x |
| 2018-12-31 | Dkr180.25 | Dkr557.00 | x |
| 2019-12-31 | Dkr194.07 | Dkr557.00 | x |
| 2020-12-31 | Dkr211.22 | Dkr557.00 | x |
| 2021-12-31 | Dkr222.52 | Dkr557.00 | x |
| 2022-12-31 | Dkr242.26 | Dkr557.00 | x |
| 2023-12-31 | Dkr266.81 | Dkr557.00 | x |
| 2024-12-31 | Dkr306.29 | Dkr557.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sydbank 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): 17.55%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 36.59%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 12.30x
- Recent ROE (17.55%) is above the historical average (11.51%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 18.77% | 28.88% | 0.03x | 19.84x | Dkr437.40 Million |
| 2006 | 23.85% | 38.66% | 0.03x | 18.07x | Dkr879.10 Million |
| 2007 | 25.53% | 44.23% | 0.03x | 19.76x | Dkr1.04 Billion |
| 2008 | 8.55% | 14.64% | 0.03x | 22.01x | Dkr-102.80 Million |
| 2009 | 8.57% | 15.35% | 0.03x | 17.31x | Dkr-130.80 Million |
| 2010 | 4.30% | 8.51% | 0.03x | 15.79x | Dkr-544.40 Million |
| 2011 | 1.96% | 4.41% | 0.03x | 15.99x | Dkr-771.50 Million |
| 2012 | 4.65% | 9.45% | 0.03x | 15.22x | Dkr-536.30 Million |
| 2013 | 1.83% | 4.01% | 0.03x | 14.45x | Dkr-836.70 Million |
| 2014 | 9.30% | 22.29% | 0.03x | 13.47x | Dkr-79.10 Million |
| 2015 | 10.05% | 25.73% | 0.03x | 12.49x | Dkr5.30 Million |
| 2016 | 12.52% | 32.10% | 0.03x | 12.48x | Dkr296.30 Million |
| 2017 | 12.84% | 33.27% | 0.03x | 11.61x | Dkr338.40 Million |
| 2018 | 9.90% | 28.34% | 0.03x | 12.03x | Dkr-12.20 Million |
| 2019 | 7.27% | 22.12% | 0.03x | 12.60x | Dkr-319.60 Million |
| 2020 | 6.41% | 20.40% | 0.02x | 13.30x | Dkr-447.90 Million |
| 2021 | 10.71% | 29.71% | 0.03x | 12.77x | Dkr94.00 Million |
| 2022 | 13.64% | 35.26% | 0.03x | 12.86x | Dkr506.80 Million |
| 2023 | 22.09% | 34.51% | 0.05x | 12.38x | Dkr1.81 Billion |
| 2024 | 17.55% | 36.59% | 0.04x | 12.30x | Dkr1.19 Billion |
Industry Comparison
This section compares Sydbank A/S's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $12,441,807,200
- Average return on equity (ROE) among peers: 9.24%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sydbank A/S (SYDB) | Dkr15.90 Billion | 18.77% | 11.44x | $4.27 Billion |
| Danske Andelskassers Bank A/S (DAB) | $1.22 Billion | -14.01% | 10.36x | $591.53 Million |
| Danske Bank A/S (DANSKE) | $74.09 Billion | 17.12% | 31.83x | $40.93 Billion |
| Djurslands Bank (DJUR) | $322.46 Million | 9.86% | 7.90x | $383.69 Million |
| Fynske Bank A/S (FYNBK) | $463.33 Million | 13.54% | 4.16x | $220.59 Million |
| Groenlandsbanken AS (GRLA) | $850.95 Million | 10.86% | 4.67x | $278.81 Million |
| Hvidbjerg Bank (HVID) | $42.06 Million | 10.31% | 8.30x | $48.37 Million |
| Jyske Bank A/S (JYSK) | $45.89 Billion | 12.87% | 15.99x | $7.97 Billion |
| Kreditbanken A/S (KRE) | $151.87 Million | 12.13% | 5.20x | $211.84 Million |
| Laan & Spar Bank AS (LASP) | $559.56 Million | 6.45% | 11.38x | $662.62 Million |
| Lollands Bank (LOLB) | $831.00 Million | 13.23% | 5.08x | $148.02 Million |
About Sydbank A/S
Sydbank A/S, together with its subsidiaries, provides various banking products and services to corporate, private, retail, and institutional clients in Denmark and internationally. The company operates through Banking, Asset Management, Sydbank Markets, Treasury, and Other segments. The company offers various deposits, and loans and advances; and commercial banking services, including financing s… Read more