FOBANK
Føroya Banki, together with its subsidiaries, provides personal and corporate banking services in the Faroe Islands and Greenland. It operates in Banking and Non-Life Insurance segments. The company provides non-life insurance products, such as property and casualty insurance; life, disability, and critical illness insurance; and real estate agency services. The company was formerly known as P/F … Read more
FOBANK (FOBANK) - Total Assets
Latest total assets as of June 2025: Dkr14.64 Billion DKK
Based on the latest financial reports, FOBANK (FOBANK) holds total assets worth Dkr14.64 Billion DKK as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
FOBANK - Total Assets Trend (2004–2024)
This chart illustrates how FOBANK’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
FOBANK - Asset Composition Analysis
Current Asset Composition (December 2024)
FOBANK's total assets of Dkr14.64 Billion consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (DKK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Dkr0.00 | 20.7% |
| Accounts Receivable | Dkr0.00 | 0.0% |
| Inventory | Dkr0.00 | 0.0% |
| Property, Plant & Equipment | Dkr0.00 | 0.0% |
| Intangible Assets | Dkr5.08 Million | 0.0% |
| Goodwill | Dkr0.00 | 0.0% |
Asset Composition Trend (2004–2024)
This chart illustrates how FOBANK's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: FOBANK's current assets represent 0.0% of total assets in 2024, a decrease from 3.7% in 2004.
- Cash Position: Cash and equivalents constituted 20.7% of total assets in 2024, up from 3.7% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2004.
- Asset Diversification: The largest asset category is intangible assets at 0.0% of total assets.
FOBANK Competitors by Total Assets
Key competitors of FOBANK based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
FOBANK - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - FOBANK generates 0.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, FOBANK generates $ 2.14 in net profit.
FOBANK - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 25.97 | 22.82 | 15.30 |
| Quick Ratio | 25.97 | 22.82 | 15.30 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Dkr2.44 Billion | Dkr 1.63 Billion | Dkr 1.03 Billion |
FOBANK - Advanced Valuation Insights
This section examines the relationship between FOBANK's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.21 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 12.0% |
| Total Assets | Dkr14.51 Billion |
| Market Capitalization | $358.19K USD |
Valuation Analysis
Below Book Valuation: The market values FOBANK's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: FOBANK's assets grew by 12.0% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for FOBANK (2004–2024)
The table below shows the annual total assets of FOBANK from 2004 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Dkr14.51 Billion | +12.00% |
| 2023-12-31 | Dkr12.96 Billion | +6.29% |
| 2022-12-31 | Dkr12.19 Billion | +3.40% |
| 2021-12-31 | Dkr11.79 Billion | -31.81% |
| 2020-12-31 | Dkr17.29 Billion | -4.86% |
| 2019-12-31 | Dkr18.17 Billion | +8.82% |
| 2018-12-31 | Dkr16.70 Billion | +5.80% |
| 2017-12-31 | Dkr15.78 Billion | +1.50% |
| 2016-12-31 | Dkr15.55 Billion | -4.28% |
| 2015-12-31 | Dkr16.25 Billion | -1.74% |
| 2014-12-31 | Dkr16.54 Billion | -3.21% |
| 2013-12-31 | Dkr17.08 Billion | -2.98% |
| 2012-12-31 | Dkr17.61 Billion | +3.06% |
| 2011-12-31 | Dkr17.09 Billion | +19.83% |
| 2010-12-31 | Dkr14.26 Billion | +38.88% |
| 2009-12-31 | Dkr10.27 Billion | +1.56% |
| 2008-12-31 | Dkr10.11 Billion | +5.08% |
| 2007-12-31 | Dkr9.62 Billion | +33.39% |
| 2006-12-31 | Dkr7.21 Billion | -82.05% |
| 2005-12-31 | Dkr40.18 Billion | +30.83% |
| 2004-12-31 | Dkr30.71 Billion | -- |