NOBA Bank
NOBA Bank Group AB (publ) provides financial and banking products and services in Sweden, Norway, Finland, Denmark, Germany, Spain, Ireland, and the Netherlands. The company operates through three brands namely, Nordax Bank, Bank Norwegian and Svensk Hypotekspension. The company's services include private loans, credit cards, specialist mortgages, equity release mortgages, cross-border lending, a… Read more
NOBA Bank (NOBA) - Net Assets
Latest net assets as of December 2025: Skr23.32 Billion SEK
Based on the latest financial reports, NOBA Bank (NOBA) has net assets worth Skr23.32 Billion SEK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr162.91 Billion) and total liabilities (Skr139.58 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 | Skr23.32 Billion |
| % of Total Assets | 14.32% |
| Annual Growth Rate | 47.41% |
| 5-Year Change | 23.06% |
| 10-Year Change | N/A |
| Growth Volatility | 184.06 |
NOBA Bank - Net Assets Trend (2020–2025)
This chart illustrates how NOBA Bank's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for NOBA Bank (2020–2025)
The table below shows the annual net assets of NOBA Bank from 2020 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr23.32 Billion | +2.85% |
| 2024-12-31 | Skr22.68 Billion | +13.44% |
| 2023-12-31 | Skr19.99 Billion | +1.20% |
| 2022-12-31 | Skr19.75 Billion | +4.22% |
| 2021-12-31 | Skr18.95 Billion | +465.45% |
| 2020-12-31 | Skr3.35 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to NOBA Bank'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 520.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr20.22 Billion | 86.68% |
| Common Stock | Skr73.00 Million | 0.31% |
| Other Components | Skr3.03 Billion | 13.01% |
| Total Equity | Skr23.32 Billion | 100.00% |
NOBA Bank Competitors by Market Cap
The table below lists competitors of NOBA Bank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Jumbo SA
F:5JB
|
$2.73 Billion |
|
Loomis AB (publ)
PINK:LOIMF
|
$2.73 Billion |
|
MGE Energy Inc
NASDAQ:MGEE
|
$2.73 Billion |
|
Kyndryl Holdings Inc
NYSE:KD
|
$2.73 Billion |
|
BRP Inc
NASDAQ:DOOO
|
$2.73 Billion |
|
Fastly, Inc. Class A Common Stock
NYSE:FSLY
|
$2.73 Billion |
|
Wuhan Jingce Electronic Technology Co Ltd
SHE:300567
|
$2.73 Billion |
|
Dorman Products Inc
NASDAQ:DORM
|
$2.73 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in NOBA Bank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 22,678,000,000 to 23,325,000,000, a change of 647,000,000 (2.9%).
- Net income of 3,413,000,000 contributed positively to equity growth.
- New share issuances of 57,000,000 increased equity.
- Other factors decreased equity by 2,823,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr3.41 Billion | +14.63% |
| Share Issuances | Skr57.00 Million | +0.24% |
| Other Changes | Skr-2.82 Billion | -12.1% |
| Total Change | Skr- | 2.85% |
Book Value vs Market Value Analysis
This analysis compares NOBA Bank'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: 1.87x
- 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 2.30x to 1.87x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | Skr37.91 | Skr87.00 | x |
| 2022-12-31 | Skr39.51 | Skr87.00 | x |
| 2023-12-31 | Skr39.98 | Skr87.00 | x |
| 2024-12-31 | Skr45.36 | Skr87.00 | x |
| 2025-12-31 | Skr46.62 | Skr87.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently NOBA Bank 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): 14.63%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.51%
- • Asset Turnover: 0.09x
- • Equity Multiplier: 6.98x
- Recent ROE (14.63%) is above the historical average (8.24%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 16.38% | 24.53% | 0.07x | 9.87x | Skr213.80 Million |
| 2021 | -0.21% | -1.31% | 0.03x | 5.73x | Skr-1.94 Billion |
| 2022 | 4.46% | 11.30% | 0.07x | 6.04x | Skr-1.09 Billion |
| 2023 | 5.34% | 9.18% | 0.08x | 6.91x | Skr-932.10 Million |
| 2024 | 8.81% | 13.85% | 0.09x | 7.02x | Skr-268.80 Million |
| 2025 | 14.63% | 22.51% | 0.09x | 6.98x | Skr1.08 Billion |
Industry Comparison
This section compares NOBA Bank's net assets metrics with peer companies in the Banks - Diversified industry.
No peer company data available for comparison.