Sjóvá-Almennar tryggingar hf
Sjóvá-Almennar tryggingar hf., an insurance company, provides property and life insurance in Iceland. The company offers life and health, home and family, vehicles, travel, animals, and leisure insurance for individuals. It also provides insurance for businesses in various industries, such as construction, retail and services, tourism, manufacturing and production, municipalities, agriculture, fi… Read more
Sjóvá-Almennar tryggingar hf (SJOVA) - Net Assets
Latest net assets as of June 2025: Ikr21.28 Billion ISK
Based on the latest financial reports, Sjóvá-Almennar tryggingar hf (SJOVA) has net assets worth Ikr21.28 Billion ISK as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Ikr73.91 Billion) and total liabilities (Ikr52.63 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 | Ikr21.28 Billion |
| % of Total Assets | 28.79% |
| Annual Growth Rate | 8.51% |
| 5-Year Change | 17.62% |
| 10-Year Change | 54.24% |
| Growth Volatility | 16.73 |
Sjóvá-Almennar tryggingar hf - Net Assets Trend (2000–2024)
This chart illustrates how Sjóvá-Almennar tryggingar hf's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sjóvá-Almennar tryggingar hf (2000–2024)
The table below shows the annual net assets of Sjóvá-Almennar tryggingar hf from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Ikr25.13 Billion | +7.75% |
| 2023-12-31 | Ikr23.32 Billion | +8.44% |
| 2022-12-31 | Ikr21.51 Billion | -11.63% |
| 2021-12-31 | Ikr24.34 Billion | +13.93% |
| 2020-12-31 | Ikr21.36 Billion | +31.11% |
| 2019-12-31 | Ikr16.29 Billion | +17.84% |
| 2018-12-31 | Ikr13.83 Billion | -9.07% |
| 2017-12-31 | Ikr15.21 Billion | -12.88% |
| 2016-12-31 | Ikr17.45 Billion | +7.14% |
| 2015-12-31 | Ikr16.29 Billion | -8.53% |
| 2014-12-31 | Ikr17.81 Billion | +6.13% |
| 2013-12-31 | Ikr16.78 Billion | +11.94% |
| 2012-12-31 | Ikr14.99 Billion | +15.91% |
| 2011-12-31 | Ikr12.93 Billion | +5.22% |
| 2010-12-31 | Ikr12.29 Billion | +45.16% |
| 2004-12-31 | Ikr8.47 Billion | +1.07% |
| 2003-12-31 | Ikr8.38 Billion | +38.24% |
| 2002-12-31 | Ikr6.06 Billion | +37.81% |
| 2001-12-31 | Ikr4.40 Billion | +24.25% |
| 2000-12-31 | Ikr3.54 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sjóvá-Almennar tryggingar hf'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 627.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Ikr18.69 Billion | 74.39% |
| Other Components | Ikr6.43 Billion | 25.61% |
| Total Equity | Ikr25.13 Billion | 100.00% |
Sjóvá-Almennar tryggingar hf Competitors by Market Cap
The table below lists competitors of Sjóvá-Almennar tryggingar hf ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Farglory FTZ Investment Holding Co Ltd
TW:5607
|
$231.53 Million |
|
Logo Yazilim Sanayi ve Ticaret AS
IS:LOGO
|
$231.54 Million |
|
Shanghai Shine-Link Intl
SHG:603648
|
$231.59 Million |
|
Takara Leben Co. Ltd
F:TDI
|
$231.64 Million |
|
Career Technology MFG Co Ltd
TW:6153
|
$231.46 Million |
|
NioCorp Developments Ltd.
F:BR30
|
$231.43 Million |
|
Veritone Inc
NASDAQ:VERI
|
$231.41 Million |
|
Fujian Yongan Forestry Group Joint-Stock
SHE:000663
|
$231.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sjóvá-Almennar tryggingar hf's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 23,321,301,000 to 25,128,078,000, a change of 1,806,777,000 (7.7%).
- Net income of 4,240,902,000 contributed positively to equity growth.
- Dividend payments of 2,451,970,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Ikr4.24 Billion | +16.88% |
| Dividends Paid | Ikr2.45 Billion | -9.76% |
| Other Changes | Ikr17.84 Million | +0.07% |
| Total Change | Ikr- | 7.75% |
Book Value vs Market Value Analysis
This analysis compares Sjóvá-Almennar tryggingar hf'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: 2.62x
- 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 2.80x to 2.62x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2022-12-31 | Ikr14.12 | Ikr39.60 | x |
| 2023-12-31 | Ikr15.14 | Ikr39.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sjóvá-Almennar tryggingar hf 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): 16.88%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 11.52%
- • Asset Turnover: 0.49x
- • Equity Multiplier: 3.01x
- Recent ROE (16.88%) is above the historical average (16.26%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | 5.93% | 7.24% | 0.33x | 2.48x | Ikr-725.72 Million |
| 2015 | 4.03% | 3.65% | 0.43x | 2.54x | Ikr-972.04 Million |
| 2016 | 15.41% | 14.89% | 0.42x | 2.48x | Ikr944.87 Million |
| 2017 | 11.48% | 9.77% | 0.41x | 2.85x | Ikr225.35 Million |
| 2018 | 4.71% | 3.59% | 0.41x | 3.20x | Ikr-730.84 Million |
| 2019 | 23.65% | 16.44% | 0.46x | 3.13x | Ikr2.22 Billion |
| 2020 | 24.90% | 21.12% | 0.43x | 2.77x | Ikr3.18 Billion |
| 2021 | 39.32% | 30.45% | 0.46x | 2.79x | Ikr7.14 Billion |
| 2022 | 12.66% | 9.89% | 0.40x | 3.19x | Ikr572.47 Million |
| 2023 | 19.83% | 13.49% | 0.49x | 2.97x | Ikr2.29 Billion |
| 2024 | 16.88% | 11.52% | 0.49x | 3.01x | Ikr1.73 Billion |
Industry Comparison
This section compares Sjóvá-Almennar tryggingar hf's net assets metrics with peer companies in the Insurance - Property & Casualty industry.
No peer company data available for comparison.