Alm. Brand A/S
Alm. Brand A/S, together with its subsidiaries, provides non-life insurance products and services in Denmark. It offers Health and accident, workers' compensation, vehicle, fire and property, liability, aviation and transport, and other direct insurance products to private households, agricultural, small and medium-sized enterprises, and corporates through its sales channels and partnerships. The… Read more
Alm. Brand A/S (ABDBY) - Net Assets
Latest net assets as of December 2025: $11.97 Billion USD
Based on the latest financial reports, Alm. Brand A/S (ABDBY) has net assets worth $11.97 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 ($32.02 Billion) and total liabilities ($20.05 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 | $11.97 Billion |
| % of Total Assets | 37.38% |
| Annual Growth Rate | 15.33% |
| 5-Year Change | -12.67% |
| 10-Year Change | 130.19% |
| Growth Volatility | 45.28 |
Alm. Brand A/S - Net Assets Trend (2000–2025)
This chart illustrates how Alm. Brand 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 Alm. Brand A/S (2000–2025)
The table below shows the annual net assets of Alm. Brand A/S from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | $11.97 Billion | -10.69% |
| 2024-12-31 | $13.40 Billion | -3.88% |
| 2023-12-31 | $13.94 Billion | +0.72% |
| 2022-12-31 | $13.85 Billion | +1.01% |
| 2021-12-31 | $13.71 Billion | +165.26% |
| 2020-12-31 | $5.17 Billion | +12.92% |
| 2019-12-31 | $4.58 Billion | -3.62% |
| 2018-12-31 | $4.75 Billion | -3.81% |
| 2017-12-31 | $4.94 Billion | -5.08% |
| 2016-12-31 | $5.20 Billion | +0.68% |
| 2015-12-31 | $5.17 Billion | +6.56% |
| 2014-12-31 | $4.85 Billion | +3.66% |
| 2013-12-31 | $4.68 Billion | +3.77% |
| 2012-12-31 | $4.51 Billion | +7.13% |
| 2011-12-31 | $4.21 Billion | -11.60% |
| 2010-12-31 | $4.76 Billion | +28.80% |
| 2009-12-31 | $3.69 Billion | -23.04% |
| 2008-12-31 | $4.80 Billion | -11.86% |
| 2007-12-31 | $5.45 Billion | +0.26% |
| 2006-12-31 | $5.43 Billion | +10.07% |
| 2005-12-31 | $4.93 Billion | +21.13% |
| 2004-12-31 | $4.07 Billion | +97.29% |
| 2003-12-31 | $2.06 Billion | -28.42% |
| 2002-12-31 | $2.88 Billion | -- |
| 2001-12-31 | $0.00 | -- |
| 2000-12-31 | $338.35 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Alm. Brand 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 568698.8% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $10.52 Billion | 87.86% |
| Common Stock | $1.45 Billion | 12.14% |
| Other Components | $1.00K | 0.00% |
| Total Equity | $11.97 Billion | 100.00% |
Alm. Brand A/S Competitors by Market Cap
The table below lists competitors of Alm. Brand A/S ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Far Eastern New Century Corp
TW:1402
|
$2.98 Billion |
|
Thunder Software Technology Co Ltd
SHE:300496
|
$2.98 Billion |
|
WD-40 Company
NASDAQ:WDFC
|
$2.98 Billion |
|
Asymchem Laboratories Tian Jin Co Ltd
SHE:002821
|
$2.98 Billion |
|
China National Software & Service Co Ltd
SHG:600536
|
$2.98 Billion |
|
KEI Industries Limited
NSE:KEI
|
$2.97 Billion |
|
Sulzer AG
SW:SUN
|
$2.97 Billion |
|
Credit Saison Co. Ltd
F:QC9
|
$2.97 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Alm. Brand A/S's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 13,403,000,000 to 11,969,965,000, a change of -1,433,035,000 (-10.7%).
- Net income of 1,277,963,175 contributed positively to equity growth.
- Dividend payments of 830,820,304 reduced retained earnings.
- Share repurchases of 1,442,396,361 reduced equity.
- Other comprehensive income decreased equity by 397,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $1.28 Billion | +10.68% |
| Dividends Paid | $830.82 Million | -6.94% |
| Share Repurchases | $1.44 Billion | -12.05% |
| Other Comprehensive Income | $-397.00 Million | -3.32% |
| Other Changes | $-40.78 Million | -0.34% |
| Total Change | $- | -10.69% |
Book Value vs Market Value Analysis
This analysis compares Alm. Brand 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: 0.25x
- 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.
- The price-to-book ratio has decreased from 1.24x to 0.25x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2000-12-31 | $3.26 | $4.04 | x |
| 2001-12-31 | $10.92 | $4.04 | x |
| 2002-12-31 | $22.52 | $4.04 | x |
| 2003-12-31 | $12.21 | $4.04 | x |
| 2004-12-31 | $30.04 | $4.04 | x |
| 2005-12-31 | $40.17 | $4.04 | x |
| 2006-12-31 | $45.34 | $4.04 | x |
| 2007-12-31 | $48.75 | $4.04 | x |
| 2008-12-31 | $48.26 | $4.04 | x |
| 2009-12-31 | $37.40 | $4.04 | x |
| 2010-12-31 | $49.21 | $4.04 | x |
| 2011-12-31 | $11.59 | $4.04 | x |
| 2012-12-31 | $12.37 | $4.04 | x |
| 2013-12-31 | $12.92 | $4.04 | x |
| 2014-12-31 | $13.73 | $4.04 | x |
| 2015-12-31 | $14.67 | $4.04 | x |
| 2016-12-31 | $15.05 | $4.04 | x |
| 2017-12-31 | $14.76 | $4.04 | x |
| 2018-12-31 | $14.57 | $4.04 | x |
| 2019-12-31 | $14.33 | $4.04 | x |
| 2020-12-31 | $16.45 | $4.04 | x |
| 2021-12-31 | $46.70 | $4.04 | x |
| 2022-12-31 | $17.97 | $4.04 | x |
| 2023-12-31 | $18.10 | $4.04 | x |
| 2024-12-31 | $17.64 | $4.04 | x |
| 2025-12-31 | $16.40 | $4.04 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Alm. Brand 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): 10.68%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 9.96%
- • Asset Turnover: 0.40x
- • Equity Multiplier: 2.67x
- Recent ROE (10.68%) is above the historical average (8.80%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 77.14% | 15.33% | 4.73x | 1.06x | $227.17 Million |
| 2001 | 0.09% | 0.04% | 0.14x | 15.77x | $-112.29 Million |
| 2002 | 5.10% | 1.12% | 0.60x | 7.58x | $-136.60 Million |
| 2003 | 24.82% | 3.16% | 0.54x | 14.60x | $223.90 Million |
| 2004 | 10.82% | 3.73% | 0.33x | 8.90x | $33.60 Million |
| 2005 | 16.13% | 12.27% | 0.15x | 8.62x | $302.50 Million |
| 2006 | 15.59% | 12.36% | 0.16x | 7.91x | $303.80 Million |
| 2007 | 13.11% | 9.25% | 0.16x | 8.79x | $169.40 Million |
| 2008 | -4.52% | -2.65% | 0.18x | 9.54x | $-697.00 Million |
| 2009 | -30.90% | -14.26% | 0.16x | 13.59x | $-1.43 Billion |
| 2010 | -8.79% | -5.50% | 0.15x | 10.47x | $-863.80 Million |
| 2011 | -12.29% | -7.43% | 0.15x | 10.97x | $-912.30 Million |
| 2012 | 6.78% | 4.17% | 0.17x | 9.74x | $-140.90 Million |
| 2013 | 4.27% | 2.93% | 0.17x | 8.75x | $-259.30 Million |
| 2014 | 7.18% | 4.64% | 0.19x | 8.06x | $-136.70 Million |
| 2015 | 10.15% | 7.62% | 0.20x | 6.79x | $7.50 Million |
| 2016 | 15.88% | 10.61% | 0.22x | 6.70x | $306.00 Million |
| 2017 | 16.43% | 9.93% | 0.24x | 7.02x | $317.40 Million |
| 2018 | 11.98% | 7.10% | 0.21x | 8.22x | $94.20 Million |
| 2019 | 9.88% | 5.28% | 0.20x | 9.13x | $-5.60 Million |
| 2020 | 11.96% | 11.92% | 0.16x | 6.34x | $101.30 Million |
| 2021 | 4.36% | 11.40% | 0.12x | 3.08x | $-772.60 Million |
| 2022 | 2.70% | 4.36% | 0.24x | 2.57x | $-1.01 Billion |
| 2023 | 4.39% | 4.18% | 0.41x | 2.55x | $-782.40 Million |
| 2024 | 5.80% | 5.72% | 0.38x | 2.64x | $-563.30 Million |
| 2025 | 10.68% | 9.96% | 0.40x | 2.67x | $80.97 Million |
Industry Comparison
This section compares Alm. Brand A/S's net assets metrics with peer companies in the Insurance - Diversified industry.
Industry Context
- Industry: Insurance - Diversified
- Average net assets among peers: $31,409,492,778
- Average return on equity (ROE) among peers: 13.99%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Alm. Brand A/S (ABDBY) | $11.97 Billion | 77.14% | 1.67x | $2.98 Billion |
| Arch Capital Group Ltd (ACGL) | $2.48 Billion | 10.34% | 3.63x | $32.40 Billion |
| ageas SA/NV (AGESF) | $8.80 Billion | 12.71% | 10.19x | $10.79 Billion |
| American International Group Inc (AIG) | $109.64 Billion | 12.81% | 7.93x | $41.13 Billion |
| Aviva plc (AIVAF) | $11.16 Billion | 0.00% | 0.03x | $18.17 Billion |
| Allianz SE (ALIZF) | $63.58 Billion | 13.43% | 14.46x | $143.52 Billion |
| Assicurazioni Generali S.p.A (ARZGF) | $18.35 Billion | 18.39% | 19.85x | $30.45 Billion |
| AXA SA (AXAHF) | $52.40 Billion | 13.72% | 11.30x | $66.04 Billion |
| BB Seguridade Participacoes SA (BBSEY) | $11.40 Billion | 35.51% | 0.17x | $4.26 Billion |
| Bâloise Holding AG (BLHEF) | $4.87 Billion | 8.96% | 14.09x | $8.54 Billion |