Tryg A/S (TRYG) - Net Assets
Based on the latest financial reports, Tryg A/S (TRYG) has net assets worth Dkr39.62 Billion DKK (≈ $6.20 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr103.67 Billion ≈ $16.22 Billion USD) and total liabilities (Dkr64.05 Billion ≈ $10.02 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 TRYG financial resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Dkr39.62 Billion |
| % of Total Assets | 38.22% |
| Annual Growth Rate | 10.16% |
| 5-Year Change | -19.16% |
| 10-Year Change | 319.83% |
| Growth Volatility | 61.76 |
Tryg A/S - Net Assets Trend (2002–2025)
This chart illustrates how Tryg A/S's net assets have evolved over time, based on quarterly financial data. Also explore Tryg A/S total assets for the complete picture of this company's asset base.
Annual Net Assets for Tryg A/S (2002–2025)
The table below shows the annual net assets of Tryg A/S from 2002 to 2025. For live valuation and market cap data, see TRYG company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Dkr39.62 Billion ≈ $6.20 Billion |
+1.94% |
| 2024-12-31 | Dkr38.86 Billion ≈ $6.08 Billion |
-3.68% |
| 2023-12-31 | Dkr40.35 Billion ≈ $6.31 Billion |
-5.06% |
| 2022-12-31 | Dkr42.50 Billion ≈ $6.65 Billion |
-13.28% |
| 2021-12-31 | Dkr49.01 Billion ≈ $7.67 Billion |
+299.60% |
| 2020-12-31 | Dkr12.26 Billion ≈ $1.92 Billion |
+1.49% |
| 2019-12-31 | Dkr12.08 Billion ≈ $1.89 Billion |
+6.62% |
| 2018-12-31 | Dkr11.33 Billion ≈ $1.77 Billion |
-10.16% |
| 2017-12-31 | Dkr12.62 Billion ≈ $1.97 Billion |
+33.69% |
| 2016-12-31 | Dkr9.44 Billion ≈ $1.48 Billion |
-4.01% |
| 2015-12-31 | Dkr9.83 Billion ≈ $1.54 Billion |
-11.58% |
| 2014-12-31 | Dkr11.12 Billion ≈ $1.74 Billion |
+0.11% |
| 2013-12-31 | Dkr11.11 Billion ≈ $1.74 Billion |
+1.17% |
| 2012-12-31 | Dkr10.98 Billion ≈ $1.72 Billion |
+21.89% |
| 2011-12-31 | Dkr9.01 Billion ≈ $1.41 Billion |
+6.49% |
| 2010-12-31 | Dkr8.46 Billion ≈ $1.32 Billion |
-12.50% |
| 2009-12-31 | Dkr9.67 Billion ≈ $1.51 Billion |
+17.25% |
| 2008-12-31 | Dkr8.24 Billion ≈ $1.29 Billion |
-17.64% |
| 2007-12-31 | Dkr10.01 Billion ≈ $1.57 Billion |
+0.59% |
| 2006-12-31 | Dkr9.95 Billion ≈ $1.56 Billion |
+21.13% |
| 2005-12-31 | Dkr8.21 Billion ≈ $1.29 Billion |
+20.77% |
| 2004-12-31 | Dkr6.80 Billion ≈ $1.06 Billion |
+26.81% |
| 2003-12-31 | Dkr5.36 Billion ≈ $839.24 Million |
+25.39% |
| 2002-12-31 | Dkr4.28 Billion ≈ $669.32 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Tryg 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 3161400000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr31.61 Billion | 79.80% |
| Common Stock | Dkr3.06 Billion | 7.72% |
| Other Comprehensive Income | Dkr3.29 Billion | 8.31% |
| Other Components | Dkr1.66 Billion | 4.18% |
| Total Equity | Dkr39.62 Billion | 100.00% |
Tryg A/S Competitors by Market Cap
The table below lists competitors of Tryg A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Deckers Outdoor Corporation
NYSE:DECK
|
$14.32 Billion |
|
Kasikornbank Public Company Limited
BK:KBANK
|
$14.33 Billion |
|
Carlisle Companies Incorporated
NYSE:CSL
|
$14.33 Billion |
|
Norsk Hydro ASA
F:NOHA
|
$14.35 Billion |
|
Cholamandalam Investment and Finance Company Limited
NSE:CHOLAFIN
|
$14.26 Billion |
|
Advanced Energy Industries Inc
NASDAQ:AEIS
|
$14.26 Billion |
|
Jde Peets Nv
AS:JDEP
|
$14.22 Billion |
|
Plains All American Pipeline LP
NASDAQ:PAA
|
$14.22 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tryg A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 38,863,000,000 to 39,619,000,000, a change of 756,000,000 (1.9%).
- Net income of 5,338,000,000 contributed positively to equity growth.
- Dividend payments of 4,972,000,000 reduced retained earnings.
- Share repurchases of 1,803,000,000 reduced equity.
- Other comprehensive income increased equity by 1,565,000,000.
- Other factors increased equity by 628,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr5.34 Billion | +13.47% |
| Dividends Paid | Dkr4.97 Billion | -12.55% |
| Share Repurchases | Dkr1.80 Billion | -4.55% |
| Other Comprehensive Income | Dkr1.56 Billion | +3.95% |
| Other Changes | Dkr628.00 Million | +1.59% |
| Total Change | Dkr- | 1.95% |
Book Value vs Market Value Analysis
This analysis compares Tryg 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: 2.33x
- 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 9.77x to 2.33x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-12-31 | Dkr15.57 | Dkr152.10 | x |
| 2005-12-31 | Dkr18.80 | Dkr152.10 | x |
| 2006-12-31 | Dkr22.84 | Dkr152.10 | x |
| 2007-12-31 | Dkr23.03 | Dkr152.10 | x |
| 2008-12-31 | Dkr19.39 | Dkr152.10 | x |
| 2009-12-31 | Dkr23.71 | Dkr152.10 | x |
| 2010-12-31 | Dkr21.08 | Dkr152.10 | x |
| 2011-12-31 | Dkr23.21 | Dkr152.10 | x |
| 2012-12-31 | Dkr28.15 | Dkr152.10 | x |
| 2013-12-31 | Dkr28.69 | Dkr152.10 | x |
| 2014-12-31 | Dkr29.56 | Dkr152.10 | x |
| 2015-12-31 | Dkr26.84 | Dkr152.10 | x |
| 2016-12-31 | Dkr26.29 | Dkr152.10 | x |
| 2017-12-31 | Dkr35.18 | Dkr152.10 | x |
| 2018-12-31 | Dkr29.20 | Dkr152.10 | x |
| 2019-12-31 | Dkr31.15 | Dkr152.10 | x |
| 2020-12-31 | Dkr31.64 | Dkr152.10 | x |
| 2021-12-31 | Dkr150.77 | Dkr152.10 | x |
| 2022-12-31 | Dkr65.69 | Dkr152.10 | x |
| 2023-12-31 | Dkr64.61 | Dkr152.10 | x |
| 2024-12-31 | Dkr63.44 | Dkr152.10 | x |
| 2025-12-31 | Dkr65.35 | Dkr152.10 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tryg 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): 13.47%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 12.90%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 2.62x
- Recent ROE (13.47%) is below the historical average (17.77%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 20.89% | 8.83% | 0.43x | 5.56x | Dkr740.80 Million |
| 2005 | 25.53% | 12.28% | 0.42x | 4.97x | Dkr1.28 Billion |
| 2006 | 32.27% | 19.32% | 0.39x | 4.30x | Dkr2.22 Billion |
| 2007 | 22.65% | 14.16% | 0.37x | 4.38x | Dkr1.27 Billion |
| 2008 | 10.26% | 5.05% | 0.44x | 4.66x | Dkr21.60 Million |
| 2009 | 20.77% | 11.36% | 0.39x | 4.63x | Dkr1.04 Billion |
| 2010 | 7.01% | 3.17% | 0.37x | 5.98x | Dkr-252.80 Million |
| 2011 | 12.66% | 5.90% | 0.36x | 5.91x | Dkr239.30 Million |
| 2012 | 20.11% | 10.98% | 0.37x | 4.95x | Dkr1.11 Billion |
| 2013 | 21.33% | 12.20% | 0.36x | 4.81x | Dkr1.26 Billion |
| 2014 | 23.00% | 13.95% | 0.35x | 4.70x | Dkr1.45 Billion |
| 2015 | 20.15% | 11.57% | 0.33x | 5.22x | Dkr997.90 Million |
| 2016 | 26.18% | 13.82% | 0.36x | 5.28x | Dkr1.53 Billion |
| 2017 | 19.95% | 14.27% | 0.34x | 4.07x | Dkr1.26 Billion |
| 2018 | 15.27% | 9.89% | 0.31x | 4.99x | Dkr597.60 Million |
| 2019 | 23.53% | 12.82% | 0.38x | 4.89x | Dkr1.63 Billion |
| 2020 | 22.61% | 12.29% | 0.37x | 4.97x | Dkr1.55 Billion |
| 2021 | 6.44% | 13.21% | 0.24x | 2.05x | Dkr-1.74 Billion |
| 2022 | 5.29% | 6.63% | 0.30x | 2.67x | Dkr-2.00 Billion |
| 2023 | 9.40% | 9.43% | 0.36x | 2.80x | Dkr-240.90 Million |
| 2024 | 12.20% | 11.78% | 0.39x | 2.69x | Dkr855.70 Million |
| 2025 | 13.47% | 12.90% | 0.40x | 2.62x | Dkr1.38 Billion |
Industry Comparison
This section compares Tryg A/S's net assets metrics with peer companies in the Insurance - Diversified industry.
Industry Context
- Industry: Insurance - Diversified
- Average net assets among peers: $4,576,000,000
- Average return on equity (ROE) among peers: 9.88%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tryg A/S (TRYG) | Dkr39.62 Billion | 20.89% | 1.62x | $14.28 Billion |
| Alm. Brand (ALMB) | $4.58 Billion | 9.88% | 8.13x | $3.37 Billion |
About Tryg A/S
Tryg A/S, together with its subsidiaries, engages in the provision of insurance products and services to private, small and medium sized commercial, and corporate customers in Denmark, the United States, rest of Nordic, Luxembourg, the United Kingdom, and internationally. It operates through Private and Commercial segments. The company offers insurance products, such as motor, content, house, acc… Read more