Vestjysk Bank A/S
Vestjysk Bank A/S provides various banking products and services for private and business customers in Denmark. The company offers savings, time deposits, association accounts, and salary and credit accounts; car, mortgage, and home loans; overdrafts; payment services; and debit and credit cards. It also provides various financing, asset management, pension, counseling, and investment services; p… Read more
Vestjysk Bank A/S (VJBA) - Net Assets
Latest net assets as of September 2025: Dkr6.85 Billion DKK
Based on the latest financial reports, Vestjysk Bank A/S (VJBA) has net assets worth Dkr6.85 Billion DKK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Dkr50.22 Billion) and total liabilities (Dkr43.37 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 | Dkr6.85 Billion |
| % of Total Assets | 13.64% |
| Annual Growth Rate | 11.74% |
| 5-Year Change | 123.62% |
| 10-Year Change | 416.93% |
| Growth Volatility | 28.74 |
Vestjysk Bank A/S - Net Assets Trend (2000–2024)
This chart illustrates how Vestjysk Bank 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 Vestjysk Bank A/S (2000–2024)
The table below shows the annual net assets of Vestjysk Bank A/S from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr7.26 Billion | +4.28% |
| 2023-12-31 | Dkr6.96 Billion | +17.58% |
| 2022-12-31 | Dkr5.92 Billion | +9.67% |
| 2021-12-31 | Dkr5.40 Billion | +66.31% |
| 2020-12-31 | Dkr3.24 Billion | +9.77% |
| 2019-12-31 | Dkr2.96 Billion | +14.19% |
| 2018-12-31 | Dkr2.59 Billion | +2.92% |
| 2017-12-31 | Dkr2.52 Billion | +69.17% |
| 2016-12-31 | Dkr1.49 Billion | +5.92% |
| 2015-12-31 | Dkr1.40 Billion | +3.05% |
| 2014-12-31 | Dkr1.36 Billion | +53.56% |
| 2013-12-31 | Dkr887.02 Million | -11.12% |
| 2012-12-31 | Dkr998.01 Million | -42.42% |
| 2011-12-31 | Dkr1.73 Billion | -19.78% |
| 2010-12-31 | Dkr2.16 Billion | +0.53% |
| 2009-12-31 | Dkr2.15 Billion | -2.31% |
| 2008-12-31 | Dkr2.20 Billion | +28.36% |
| 2007-12-31 | Dkr1.71 Billion | +3.50% |
| 2006-12-31 | Dkr1.66 Billion | +17.98% |
| 2005-12-31 | Dkr1.40 Billion | +8.02% |
| 2004-12-31 | Dkr1.30 Billion | +10.25% |
| 2003-12-31 | Dkr1.18 Billion | +12.20% |
| 2002-12-31 | Dkr1.05 Billion | +92.89% |
| 2001-12-31 | Dkr544.64 Million | +7.67% |
| 2000-12-31 | Dkr505.84 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Vestjysk Bank 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 605.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Dkr3.19 Billion | 44.01% |
| Common Stock | Dkr1.23 Billion | 17.00% |
| Other Components | Dkr2.83 Billion | 38.99% |
| Total Equity | Dkr7.26 Billion | 100.00% |
Vestjysk Bank A/S Competitors by Market Cap
The table below lists competitors of Vestjysk Bank A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Cobram Estate Olives Ltd
AU:CBO
|
$642.39 Million |
|
Qingdao Haier Biomedical Co Ltd
SHG:688139
|
$642.59 Million |
|
Is Yatirim Menkul Degerler AS
IS:ISMEN
|
$642.75 Million |
|
Banco do Estado do Rio Grande do Sul S.A
SA:BRSR3
|
$642.78 Million |
|
Jiangsu Tongguang Electronic Wire&Cable Co Ltd
SHE:300265
|
$642.26 Million |
|
HIAG Immobilien Holding AG
SW:HIAG
|
$642.24 Million |
|
Genertec Universal Medical Group Company Limited
F:5UM
|
$642.11 Million |
|
Nine Dragons Paper (Holdings) Limited
PINK:NDGPF
|
$641.97 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Vestjysk Bank A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,958,752,000 to 7,256,272,000, a change of 297,520,000 (4.3%).
- Net income of 876,561,000 contributed positively to equity growth.
- Other comprehensive income decreased equity by 1,784,288,999.
- Other factors increased equity by 1,205,247,999.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Dkr876.56 Million | +12.08% |
| Other Comprehensive Income | Dkr-1.78 Billion | -24.59% |
| Other Changes | Dkr1.21 Billion | +16.61% |
| Total Change | Dkr- | 4.28% |
Book Value vs Market Value Analysis
This analysis compares Vestjysk Bank 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: 1.26x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 0.37x to 1.26x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2002-12-31 | Dkr19.95 | Dkr7.33 | x |
| 2003-12-31 | Dkr22.38 | Dkr7.33 | x |
| 2004-12-31 | Dkr25.05 | Dkr7.33 | x |
| 2005-12-31 | Dkr26.66 | Dkr7.33 | x |
| 2006-12-31 | Dkr32.92 | Dkr7.33 | x |
| 2007-12-31 | Dkr34.65 | Dkr7.33 | x |
| 2008-12-31 | Dkr30.07 | Dkr7.33 | x |
| 2009-12-31 | Dkr30.06 | Dkr7.33 | x |
| 2010-12-31 | Dkr29.80 | Dkr7.33 | x |
| 2011-12-31 | Dkr23.98 | Dkr7.33 | x |
| 2012-12-31 | Dkr6.00 | Dkr7.33 | x |
| 2013-12-31 | Dkr2.66 | Dkr7.33 | x |
| 2014-12-31 | Dkr2.56 | Dkr7.33 | x |
| 2015-12-31 | Dkr1.88 | Dkr7.33 | x |
| 2016-12-31 | Dkr2.06 | Dkr7.33 | x |
| 2017-12-31 | Dkr2.81 | Dkr7.33 | x |
| 2018-12-31 | Dkr2.62 | Dkr7.33 | x |
| 2019-12-31 | Dkr3.09 | Dkr7.33 | x |
| 2020-12-31 | Dkr3.22 | Dkr7.33 | x |
| 2021-12-31 | Dkr5.00 | Dkr7.33 | x |
| 2022-12-31 | Dkr4.36 | Dkr7.33 | x |
| 2023-12-31 | Dkr5.38 | Dkr7.33 | x |
| 2024-12-31 | Dkr5.79 | Dkr7.33 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Vestjysk Bank 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): 12.08%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 33.64%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 6.68x
- Recent ROE (12.08%) is above the historical average (-2.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 10.04% | 16.89% | 0.11x | 5.57x | Dkr178.10K |
| 2001 | 8.50% | 15.02% | 0.10x | 5.70x | Dkr-8.16 Million |
| 2002 | 0.01% | 17.53% | 0.00x | 7.07x | Dkr-104.98 Million |
| 2003 | 0.02% | 43.19% | 0.00x | 6.70x | Dkr-117.67 Million |
| 2004 | 0.01% | 24.39% | 0.00x | 7.00x | Dkr-129.80 Million |
| 2005 | 12.70% | 30.59% | 0.05x | 8.14x | Dkr37.88 Million |
| 2006 | 14.43% | 36.81% | 0.05x | 8.64x | Dkr73.35 Million |
| 2007 | 12.97% | 34.63% | 0.03x | 10.80x | Dkr50.89 Million |
| 2008 | 11.74% | 28.20% | 0.03x | 14.64x | Dkr38.38 Million |
| 2009 | -1.92% | -3.36% | 0.04x | 15.28x | Dkr-256.23 Million |
| 2010 | 0.28% | 0.54% | 0.03x | 15.54x | Dkr-210.10 Million |
| 2011 | -24.38% | -39.65% | 0.04x | 16.89x | Dkr-595.97 Million |
| 2012 | -145.14% | -115.32% | 0.04x | 32.84x | Dkr-1.55 Billion |
| 2013 | -49.87% | -26.23% | 0.06x | 29.44x | Dkr-531.07 Million |
| 2014 | -13.82% | -13.28% | 0.06x | 16.01x | Dkr-324.41 Million |
| 2015 | 3.52% | 4.01% | 0.06x | 15.04x | Dkr-90.95 Million |
| 2016 | 5.37% | 6.72% | 0.06x | 13.38x | Dkr-68.84 Million |
| 2017 | 6.49% | 17.26% | 0.04x | 8.71x | Dkr-88.38 Million |
| 2018 | 11.44% | 30.44% | 0.05x | 8.19x | Dkr37.27 Million |
| 2019 | 16.16% | 43.71% | 0.05x | 7.51x | Dkr182.13 Million |
| 2020 | 9.32% | 34.26% | 0.04x | 7.12x | Dkr-21.94 Million |
| 2021 | 20.01% | 54.60% | 0.05x | 8.03x | Dkr540.14 Million |
| 2022 | 9.18% | 37.82% | 0.03x | 7.09x | Dkr-48.73 Million |
| 2023 | 14.88% | 42.54% | 0.05x | 6.39x | Dkr339.52 Million |
| 2024 | 12.08% | 33.64% | 0.05x | 6.68x | Dkr150.93 Million |
Industry Comparison
This section compares Vestjysk Bank 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 |
|---|---|---|---|---|
| Vestjysk Bank A/S (VJBA) | Dkr6.85 Billion | 10.04% | 6.33x | $642.31 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 | $350.18 Million |
| FOBANK (FOBANK) | $1.56 Billion | 10.93% | 5.47x | $353.28K |
| Fynske Bank A/S (FYNBK) | $338.39 Million | 0.00% | 4.67x | $50.82 Million |
| Groenlandsbanken AS (GRLA) | $648.72 Million | 10.37% | 4.62x | $188.66 Million |
| Hvidbjerg Bank (HVID) | $38.77 Million | 12.22% | 8.11x | $40.96 Million |
| Kreditbanken A/S (KRE) | $350.31 Million | 14.22% | 5.39x | $145.63 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 | $86.49 Million |
| Moens Bank A/S (MNBA) | $657.78 Million | 13.39% | 5.99x | $84.28 Million |