DnB ASA (DNB) - Net Assets

Latest as of December 2025: Nkr295.15 Billion NOK ≈ $31.06 Billion USD

Based on the latest financial reports, DnB ASA (DNB) has net assets worth Nkr295.15 Billion NOK (≈ $31.06 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 (Nkr3.70 Trillion ≈ $388.85 Billion USD) and total liabilities (Nkr3.40 Trillion ≈ $357.79 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 DnB ASA asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Key Net Assets Metrics

Metric Value
Current Net Assets Nkr295.15 Billion
% of Total Assets 7.99%
Annual Growth Rate 10.57%
5-Year Change 21.01%
10-Year Change 43.21%
Growth Volatility 15.26

DnB ASA - Net Assets Trend (2000–2025)

This chart illustrates how DnB ASA's net assets have evolved over time, based on quarterly financial data. Also explore how large is DnB ASA's balance sheet for the complete picture of this company's asset base.

Annual Net Assets for DnB ASA (2000–2025)

The table below shows the annual net assets of DnB ASA from 2000 to 2025. For live valuation and market cap data, see DnB ASA (DNB) total market value.

Year Net Assets Change
2025-12-31 Nkr295.15 Billion
≈ $31.06 Billion		 +4.25%
2024-12-31 Nkr283.11 Billion
≈ $29.79 Billion		 +5.13%
2023-12-31 Nkr269.30 Billion
≈ $28.34 Billion		 +3.94%
2022-12-31 Nkr259.10 Billion
≈ $27.26 Billion		 +6.23%
2021-12-31 Nkr243.91 Billion
≈ $25.67 Billion		 -1.81%
2020-12-31 Nkr248.40 Billion
≈ $26.14 Billion		 +2.53%
2019-12-31 Nkr242.26 Billion
≈ $25.49 Billion		 +8.17%
2018-12-31 Nkr223.97 Billion
≈ $23.57 Billion		 +3.26%
2017-12-31 Nkr216.90 Billion
≈ $22.82 Billion		 +5.24%
2016-12-31 Nkr206.10 Billion
≈ $21.69 Billion		 +8.43%
2015-12-31 Nkr190.08 Billion
≈ $20.00 Billion		 +19.76%
2014-12-31 Nkr158.72 Billion
≈ $16.70 Billion		 +11.60%
2013-12-31 Nkr142.23 Billion
≈ $14.97 Billion		 +11.08%
2012-12-31 Nkr128.04 Billion
≈ $13.47 Billion		 +8.68%
2011-12-31 Nkr117.81 Billion
≈ $12.40 Billion		 +5.95%
2010-12-31 Nkr111.20 Billion
≈ $11.70 Billion		 +9.66%
2009-12-31 Nkr101.40 Billion
≈ $10.67 Billion		 +24.76%
2008-12-31 Nkr81.28 Billion
≈ $8.55 Billion		 +6.98%
2007-12-31 Nkr75.98 Billion
≈ $7.99 Billion		 +14.40%
2006-12-31 Nkr66.41 Billion
≈ $6.99 Billion		 +13.81%
2005-12-31 Nkr58.35 Billion
≈ $6.14 Billion		 +54.63%
2004-12-31 Nkr37.74 Billion
≈ $3.97 Billion		 -10.39%
2003-12-31 Nkr42.12 Billion
≈ $4.43 Billion		 +61.26%
2002-12-31 Nkr26.12 Billion
≈ $2.75 Billion		 +1.09%
2001-12-31 Nkr25.84 Billion
≈ $2.72 Billion		 +8.04%
2000-12-31 Nkr23.91 Billion
≈ $2.52 Billion		 --

Equity Component Analysis

This analysis shows how different components contribute to DnB ASA'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 decreased by 500000000.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (December 2025)

Component Amount Percentage
Common Stock Nkr18.26 Billion 6.19%
Other Components Nkr276.89 Billion 93.81%
Total Equity Nkr295.15 Billion 100.00%

DnB ASA Competitors by Market Cap

The table below lists competitors of DnB ASA ranked by their market capitalization.

Company Market Cap
Aselsan Elektronik Sanayi ve Ticaret AS
IS:ASELS
 $42.92 Billion
Chipotle Mexican Grill Inc
NYSE:CMG
 $42.95 Billion
STANDARD CHART.UNSP.ADR/2
F:STD0
 $43.28 Billion
Goodman Group
AU:GMG
 $43.35 Billion
ST GOBAIN ADR 1/5/EO 4
F:GOBU
 $42.89 Billion
Franco-Nevada Corporation
TO:FNV
 $42.89 Billion
Kroger Company
NYSE:KR
 $42.89 Billion
Heineken
AS:HEIA
 $42.88 Billion

Equity Growth Attribution

This analysis shows how different factors contributed to changes in DnB ASA's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 283,107,000,000 to 295,150,000,000, a change of 12,043,000,000 (4.3%).
  • Net income of 41,944,000,000 contributed positively to equity growth.
  • Dividend payments of 24,835,000,000 reduced retained earnings.
  • Share repurchases of 5,527,000,000 reduced equity.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income Nkr41.94 Billion +14.21%
Dividends Paid Nkr24.84 Billion -8.41%
Share Repurchases Nkr5.53 Billion -1.87%
Other Changes Nkr461.00 Million +0.16%
Total Change Nkr- 4.25%

Book Value vs Market Value Analysis

This analysis compares DnB ASA'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: 1.40x
  • 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 8.76x to 1.40x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2002-12-31 Nkr32.02 Nkr280.60 x
2003-12-31 Nkr235.74 Nkr280.60 x
2004-12-31 Nkr27.08 Nkr280.60 x
2005-12-31 Nkr40.85 Nkr280.60 x
2006-12-31 Nkr45.66 Nkr280.60 x
2007-12-31 Nkr52.21 Nkr280.60 x
2008-12-31 Nkr57.83 Nkr280.60 x
2009-12-31 Nkr73.85 Nkr280.60 x
2010-12-31 Nkr68.50 Nkr280.60 x
2011-12-31 Nkr72.48 Nkr280.60 x
2012-12-31 Nkr78.68 Nkr280.60 x
2013-12-31 Nkr87.35 Nkr280.60 x
2014-12-31 Nkr97.52 Nkr280.60 x
2015-12-31 Nkr116.77 Nkr280.60 x
2016-12-31 Nkr126.62 Nkr280.60 x
2017-12-31 Nkr133.45 Nkr280.60 x
2018-12-31 Nkr139.82 Nkr280.60 x
2019-12-31 Nkr153.01 Nkr280.60 x
2020-12-31 Nkr159.71 Nkr280.60 x
2021-12-31 Nkr157.16 Nkr280.60 x
2022-12-31 Nkr166.98 Nkr280.60 x
2023-12-31 Nkr175.11 Nkr280.60 x
2024-12-31 Nkr190.94 Nkr280.60 x
2025-12-31 Nkr200.64 Nkr280.60 x

Capital Efficiency Dashboard

This dashboard shows how efficiently DnB ASA 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): 14.21%
  • The company shows good efficiency in utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: 46.89%
  • • Asset Turnover: 0.02x
  • • Equity Multiplier: 12.52x
  • Recent ROE (14.21%) is above the historical average (12.82%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2000 16.80% 13.59% 0.09x 14.39x Nkr1.63 Billion
2001 15.87% 13.13% 0.09x 13.86x Nkr1.52 Billion
2002 8.94% 25.30% 0.02x 14.75x Nkr-277.70 Million
2003 7.16% 28.91% 0.01x 16.76x Nkr-1.19 Billion
2004 17.98% 28.39% 0.03x 18.88x Nkr3.01 Billion
2005 17.67% 33.89% 0.03x 18.83x Nkr4.40 Billion
2006 18.17% 24.70% 0.04x 20.56x Nkr5.24 Billion
2007 20.16% 25.71% 0.04x 20.10x Nkr7.45 Billion
2008 11.95% 24.83% 0.02x 23.77x Nkr1.50 Billion
2009 8.70% 15.50% 0.03x 18.48x Nkr-1.28 Billion
2010 13.32% 25.19% 0.03x 16.74x Nkr3.69 Billion
2011 11.02% 24.30% 0.03x 18.05x Nkr1.20 Billion
2012 10.67% 22.59% 0.03x 17.69x Nkr853.40 Million
2013 12.32% 26.41% 0.03x 16.80x Nkr3.30 Billion
2014 12.99% 41.96% 0.02x 16.69x Nkr4.74 Billion
2015 13.03% 45.80% 0.02x 13.67x Nkr5.75 Billion
2016 9.34% 37.77% 0.02x 12.87x Nkr-1.36 Billion
2017 10.05% 42.54% 0.02x 12.44x Nkr113.40 Million
2018 10.84% 48.51% 0.02x 11.76x Nkr1.89 Billion
2019 10.62% 47.25% 0.02x 11.53x Nkr1.50 Billion
2020 8.00% 35.46% 0.02x 11.76x Nkr-4.97 Billion
2021 10.40% 45.73% 0.02x 11.98x Nkr964.50 Million
2022 12.89% 50.93% 0.02x 12.50x Nkr7.47 Billion
2023 14.67% 48.59% 0.02x 12.78x Nkr12.57 Billion
2024 15.50% 51.72% 0.02x 12.77x Nkr15.56 Billion
2025 14.21% 46.89% 0.02x 12.52x Nkr12.43 Billion

Industry Comparison

This section compares DnB ASA's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

  • Industry: Banks - Regional
  • Average net assets among peers: $806,145,796
  • Average return on equity (ROE) among peers: 6.77%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
DnB ASA (DNB) Nkr295.15 Billion 16.80% 11.52x $42.91 Billion
Aasen Sparebank (AASB) $685.42 Million 7.24% 7.19x $24.75 Million
Aurskog Sparebank (AURG) $330.39 Million 10.56% 15.15x $123.04 Million
Bien Sparebank ASA (BIEN) $652.26 Million 6.45% 6.60x $93.84 Million
Grong Sparebank (GRONG) $1.36 Billion 8.18% 7.05x $83.18 Million
Helgeland Sparebank (HELG) $1.49 Billion 8.61% 10.17x $471.00 Million
Holand og Setskog Sparebank (HSPG) $232.48 Million 7.59% 13.83x $11.58 Million
Instabank ASA (INSTA) $236.86 Million -7.35% 1.22x $200.27 Million
Jaeren Sparebank (JAREN) $1.77 Billion 6.84% 6.94x $181.14 Million
Kraft Bank Asa (KRAB) $506.89 Million 12.83% 7.71x $58.73 Million

About DnB ASA

OL:DNB Norway Banks - Regional
Market Cap
$42.91 Billion
Nkr407.77 Billion NOK
Market Cap Rank
#612 Global
#2 in Norway
Share Price
Nkr280.60
Change (1 day)
+0.97%
52-Week Range
Nkr257.30 - Nkr312.70
All Time High
Nkr312.70
Categories
Companies in Norway Banks - Regional Banking & Financial
About

DNB Bank ASA provides financial services to individuals and businesses in Norway and internationally. The company offers savings, current, currency, client, tax withholding, and pension accounts; fixed rate and security deposits; home and cabin mortgages, construction and fixed-rate loans, car and consumer loans, business loans, and refinancing; home equity credit lines; car, house, home contents… Read more