SP Group A/S (SPG) — Tangible Net Worth Ratio
SP Group A/S (SPG) has a Tangible Net Worth Ratio of 52.7% as of March 2026. This metric is calculated by deducting intangible assets (Dkr881.60 Million) from net assets (Dkr1.86 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See working capital to net assets of SP Group A/S to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
SP Group A/S Tangible Net Worth Ratio (2002–2025)
This chart shows how SP Group A/S's Tangible Net Worth Ratio has changed across 24 annual periods from 2002 to 2025. As of March 2026, the ratio stands at 52.7%, reflecting net assets of Dkr1.86 Billion with intangible assets of Dkr881.60 Million DKK. See SP Group A/S defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for SP Group A/S (2002–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for SP Group A/S from 2002 to 2025, covering 24 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market value of SP Group A/S.
| Year | Tangible NW Ratio | Net Assets (DKK) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 89.7% | Dkr1.81 Billion | Dkr186.54 Million | Dkr3.99 Billion | ▼ -4.7 pp |
| 2024 | 94.4% | Dkr1.70 Billion | Dkr95.35 Million | Dkr3.16 Billion | ▲ +1.9 pp |
| 2023 | 92.4% | Dkr1.46 Billion | Dkr110.59 Million | Dkr3.02 Billion | ▲ +2.4 pp |
| 2022 | 90.0% | Dkr1.27 Billion | Dkr126.47 Million | Dkr2.96 Billion | ▼ -1.2 pp |
| 2021 | 91.2% | Dkr1.08 Billion | Dkr95.05 Million | Dkr2.53 Billion | ▼ -0.9 pp |
| 2020 | 92.1% | Dkr1.01 Billion | Dkr79.12 Million | Dkr2.26 Billion | ▲ +1.3 pp |
| 2019 | 90.8% | Dkr710.40 Million | Dkr65.02 Million | Dkr2.06 Billion | ▲ +1.2 pp |
| 2018 | 89.6% | Dkr620.03 Million | Dkr64.22 Million | Dkr1.64 Billion | ▼ -0.7 pp |
| 2017 | 90.3% | Dkr537.69 Million | Dkr52.12 Million | Dkr1.52 Billion | ▼ -2.2 pp |
| 2016 | 92.5% | Dkr428.98 Million | Dkr32.00 Million | Dkr1.20 Billion | ▲ +1.9 pp |
| 2015 | 90.7% | Dkr393.56 Million | Dkr36.70 Million | Dkr1.08 Billion | ▲ +2.0 pp |
| 2014 | 88.7% | Dkr276.36 Million | Dkr31.21 Million | Dkr943.42 Million | ▼ -0.7 pp |
| 2013 | 89.4% | Dkr252.33 Million | Dkr26.83 Million | Dkr884.74 Million | ▼ -2.9 pp |
| 2012 | 92.3% | Dkr240.13 Million | Dkr18.45 Million | Dkr836.33 Million | ▲ +51.6 pp |
| 2011 | 40.7% | Dkr205.60 Million | Dkr121.88 Million | Dkr769.11 Million | ▼ -50.4 pp |
| 2010 | 91.1% | Dkr190.67 Million | Dkr17.02 Million | Dkr741.65 Million | ▼ -1.5 pp |
| 2009 | 92.6% | Dkr159.72 Million | Dkr11.83 Million | Dkr674.25 Million | ▼ -4.2 pp |
| 2008 | 96.8% | Dkr170.47 Million | Dkr5.44 Million | Dkr708.09 Million | ▲ +48.9 pp |
| 2007 | 47.9% | Dkr178.95 Million | Dkr93.25 Million | Dkr668.25 Million | ▲ +2.0 pp |
| 2006 | 45.9% | Dkr167.07 Million | Dkr90.38 Million | Dkr670.63 Million | ▲ +8.6 pp |
| 2005 | 37.3% | Dkr134.19 Million | Dkr84.20 Million | Dkr606.63 Million | ▼ -62.1 pp |
| 2004 | 99.4% | Dkr110.85 Million | Dkr689.00K | Dkr586.20 Million | ▼ -0.1 pp |
| 2003 | 99.5% | Dkr158.42 Million | Dkr859.00K | Dkr582.12 Million | ▼ -0.5 pp |
| 2002 | 100.0% | Dkr141.26 Million | Dkr0.00 | Dkr430.71 Million | — |