Dampskibsselskabet Norden A/S
Dampskibsselskabet Norden A/S, a shipping company, owns and operates dry cargo and tanker vessels worldwide. It operates through the Dry operator " large vessels, Dry operator " small vessels, Tanker operator, Dry owner, Tanker owner, and Logistics segments. The company offers ocean- and port-based freight services for bulk cargo, such as agricultural, ores, minerals, and coal; project cargo, inc… Read more
Dampskibsselskabet Norden A/S (DPBSF) - Net Assets
Latest net assets as of December 2025: $1.28 Billion USD
Based on the latest financial reports, Dampskibsselskabet Norden A/S (DPBSF) has net assets worth $1.28 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 ($2.37 Billion) and total liabilities ($1.09 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 | $1.28 Billion |
| % of Total Assets | 53.88% |
| Annual Growth Rate | 1.05% |
| 5-Year Change | 28.63% |
| 10-Year Change | 59.43% |
| Growth Volatility | 13.82 |
Dampskibsselskabet Norden A/S - Net Assets Trend (2014–2025)
This chart illustrates how Dampskibsselskabet Norden 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 Dampskibsselskabet Norden A/S (2014–2025)
The table below shows the annual net assets of Dampskibsselskabet Norden A/S from 2014 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $1.28 Billion | -1.50% |
| 2024-12-31 | $1.30 Billion | +8.28% |
| 2023-12-31 | $1.20 Billion | -9.98% |
| 2022-12-31 | $1.33 Billion | +33.97% |
| 2021-12-31 | $993.30 Million | +10.06% |
| 2020-12-31 | $902.50 Million | +5.06% |
| 2019-12-31 | $859.00 Million | +3.89% |
| 2018-12-31 | $826.80 Million | -0.91% |
| 2017-12-31 | $834.40 Million | +4.12% |
| 2016-12-31 | $801.41 Million | -6.38% |
| 2015-12-31 | $856.06 Million | -24.86% |
| 2014-12-31 | $1.14 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Dampskibsselskabet Norden 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 15.4% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $1.30 Billion | 101.58% |
| Total Equity | $1.28 Billion | 100.00% |
Dampskibsselskabet Norden A/S Competitors by Market Cap
The table below lists competitors of Dampskibsselskabet Norden A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Shenglan Technology Co Ltd
SHE:300843
|
$485.45 Million |
|
Walton Advanced Engineering Inc
TW:8110
|
$485.51 Million |
|
Cybrid Technologies Inc
SHG:603212
|
$485.66 Million |
|
MeHow Innovative Ltd. A
SHE:301363
|
$485.98 Million |
|
Vesuvius India Limited
NSE:VESUVIUS
|
$485.40 Million |
|
Chengdu B-ray Media Co Ltd
SHG:600880
|
$485.37 Million |
|
Xianhe Co Ltd
SHG:603733
|
$485.33 Million |
|
PBIIF
PINK:PBIIF
|
$485.28 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Dampskibsselskabet Norden A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,297,100,000 to 1,277,700,000, a change of -19,400,000 (-1.5%).
- Net income of 120,300,000 contributed positively to equity growth.
- Dividend payments of 35,500,000 reduced retained earnings.
- Share repurchases of 42,600,000 reduced equity.
- Other factors decreased equity by 61,600,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $120.30 Million | +9.42% |
| Dividends Paid | $35.50 Million | -2.78% |
| Share Repurchases | $42.60 Million | -3.33% |
| Other Changes | $-61.60 Million | -4.82% |
| Total Change | $- | -1.50% |
Book Value vs Market Value Analysis
This analysis compares Dampskibsselskabet Norden 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: 0.57x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2015-12-31 | $0.00 | $25.35 | x |
| 2016-12-31 | $0.00 | $25.35 | x |
| 2017-12-31 | $20.62 | $25.35 | x |
| 2018-12-31 | $20.71 | $25.35 | x |
| 2019-12-31 | $21.85 | $25.35 | x |
| 2020-12-31 | $23.87 | $25.35 | x |
| 2021-12-31 | $27.02 | $25.35 | x |
| 2022-12-31 | $39.43 | $25.35 | x |
| 2023-12-31 | $37.95 | $25.35 | x |
| 2024-12-31 | $43.31 | $25.35 | x |
| 2025-12-31 | $44.61 | $25.35 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Dampskibsselskabet Norden 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): 9.42%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.85%
- • Asset Turnover: 1.32x
- • Equity Multiplier: 1.86x
- Recent ROE (9.42%) is above the historical average (6.21%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2014 | -36.48% | -20.31% | 1.15x | 1.56x | $-529.56 Million |
| 2015 | -33.28% | -17.17% | 1.03x | 1.87x | $-370.52 Million |
| 2016 | -5.69% | -3.61% | 0.97x | 1.62x | $-125.73 Million |
| 2017 | 2.94% | 1.36% | 1.36x | 1.59x | $-58.88 Million |
| 2018 | 3.48% | 1.17% | 1.67x | 1.77x | $-53.92 Million |
| 2019 | 2.24% | 0.74% | 1.48x | 2.03x | $-66.70 Million |
| 2020 | 9.53% | 3.31% | 1.42x | 2.02x | $-4.25 Million |
| 2021 | 20.59% | 5.76% | 1.45x | 2.47x | $105.17 Million |
| 2022 | 55.87% | 14.00% | 1.93x | 2.07x | $610.43 Million |
| 2023 | 33.40% | 10.84% | 1.58x | 1.96x | $280.31 Million |
| 2024 | 12.54% | 4.03% | 1.79x | 1.74x | $32.99 Million |
| 2025 | 9.42% | 3.85% | 1.32x | 1.86x | $-7.47 Million |
Industry Comparison
This section compares Dampskibsselskabet Norden A/S's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $6,996,338,635
- Average return on equity (ROE) among peers: 158.86%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Dampskibsselskabet Norden A/S (DPBSF) | $1.28 Billion | -36.48% | 0.86x | $485.42 Million |
| Algoma Central Corporation (AGMJF) | $726.02 Million | 16.52% | 0.88x | $198.30 Million |
| AP Moeller - Maersk A/S A (AMKAF) | $32.09 Billion | -6.04% | 0.90x | $11.30 Billion |
| A.P. Møller - Mærsk A/S (AMKBF) | $33.38 Billion | 9.46% | 0.70x | $12.49 Billion |
| Ardmore Shpng (ASC) | $634.34 Million | 6.47% | 0.24x | $516.76 Million |
| American Shipping Company ASA (ASCJF) | $114.51 Million | 1340.53% | 0.68x | $11.92 Million |
| Britannia Bulk Holdings Inc (BBLKF) | $72.78 Million | 63.23% | 4.43x | $9.84 |
| Braemar Shipping Services Plc (BSEAF) | $64.82 Million | 15.12% | 0.70x | $79.62 Million |
| BW LPG Limited (BWLP) | $1.94 Billion | 17.27% | 0.71x | $1.17 Billion |
| Caravelle International Group Ordinary Shares (CACO) | $10.02 Million | 122.03% | 2.55x | $12.08 Million |
| Capital Clean Energy Carriers Corp. (CCEC) | $933.40 Million | 4.05% | 0.57x | $172.78 Million |