Sjóvá-Almennar tryggingar hf (SJOVA) - Net Assets

Latest as of June 2025: Ikr21.28 Billion ISK ≈ $173.47 Million USD

Based on the latest financial reports, Sjóvá-Almennar tryggingar hf (SJOVA) has net assets worth Ikr21.28 Billion ISK (≈ $173.47 Million USD) 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 ≈ $602.54 Million USD) and total liabilities (Ikr52.63 Billion ≈ $429.07 Million 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. Read Sjóvá-Almennar tryggingar hf (SJOVA) financial obligations for a breakdown of total debt and financial obligations.

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. Also explore how large is Sjóvá-Almennar tryggingar hf's balance sheet for the complete picture of this company's asset base.

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. For live valuation and market cap data, see Sjóvá-Almennar tryggingar hf (SJOVA) total market value.

Year	Net Assets	Change
2024-12-31	Ikr25.13 Billion ≈ $204.86 Million	+7.75%
2023-12-31	Ikr23.32 Billion ≈ $190.13 Million	+8.44%
2022-12-31	Ikr21.51 Billion ≈ $175.34 Million	-11.63%
2021-12-31	Ikr24.34 Billion ≈ $198.42 Million	+13.93%
2020-12-31	Ikr21.36 Billion ≈ $174.17 Million	+31.11%
2019-12-31	Ikr16.29 Billion ≈ $132.84 Million	+17.84%
2018-12-31	Ikr13.83 Billion ≈ $112.73 Million	-9.07%
2017-12-31	Ikr15.21 Billion ≈ $123.97 Million	-12.88%
2016-12-31	Ikr17.45 Billion ≈ $142.30 Million	+7.14%
2015-12-31	Ikr16.29 Billion ≈ $132.82 Million	-8.53%
2014-12-31	Ikr17.81 Billion ≈ $145.20 Million	+6.13%
2013-12-31	Ikr16.78 Billion ≈ $136.81 Million	+11.94%
2012-12-31	Ikr14.99 Billion ≈ $122.22 Million	+15.91%
2011-12-31	Ikr12.93 Billion ≈ $105.45 Million	+5.22%
2010-12-31	Ikr12.29 Billion ≈ $100.21 Million	+45.16%
2004-12-31	Ikr8.47 Billion ≈ $69.04 Million	+1.07%
2003-12-31	Ikr8.38 Billion ≈ $68.30 Million	+38.24%
2002-12-31	Ikr6.06 Billion ≈ $49.41 Million	+37.81%
2001-12-31	Ikr4.40 Billion ≈ $35.85 Million	+24.25%
2000-12-31	Ikr3.54 Billion ≈ $28.86 Million	--

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
Coca-Cola Embonor S.A SN:EMBONOR-B	$499.83 Million
SVI Public Company Limited BK:SVI	$500.00 Million
Nepes Corporation KQ:033640	$500.06 Million
Yunnan Yuntou Ecology and Environment Technology Co Ltd SHE:002200	$500.39 Million
Sinopec Oilfield Service Corporation F:YIZH	$499.67 Million
Alandsbanken Abp B HE:ALBBV	$499.50 Million
Nanjing Textiles Import & Export Corp Ltd SHG:600250	$499.36 Million
Nanjing Inform Storage Equip SHG:603066	$499.35 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: 2.63x
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 2.82x to 2.63x 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	Ikr39.80	x
2023-12-31	Ikr15.14	Ikr39.80	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.

About Sjóvá-Almennar tryggingar hf

IC:SJOVA Iceland Insurance - Property & Casualty

Market Cap

$499.75 Million

Ikr61.30 Billion ISK

Market Cap Rank

#12539 Global

#10 in Iceland

Share Price

Ikr39.80

Change (1 day)

+0.51%

52-Week Range

Ikr35.40 - Ikr50.25

All Time High

Ikr54.50