1. Denmark Stocks

  2. •

    Financial Services

  3. •

    Insurance - Diversified
Alm. Brand A/S

Alm. Brand A/S

ALMB.CO
Alm. Brand A/SDK flagNASDAQ Copenhagen
16.47
DKK
+0.07
- -
22.51BMarket Cap
Alm. Brand A/S
ALMB.CO
(NASDAQ Copenhagen)

Recent

price

16.47

P/E

ratio

- -

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
39.28
9.58
10.06
9.36
10.99
10.01
11.5
12.4
12.13
13.2
33.71
20.74
6.87
9.01
9.31
9.47
9.05
Revenue per Share
-2.16
-0.71
0.42
0.28
0.51
0.76
1.22
1.23
0.88
0.71
4.02
2.36
0.24
0.4
0.51
0.94
0.83
Basic EPS, GAAP
3.88
0.42
-0.07
-0.24
-0.5
-0.22
-0.24
-0.22
-0.21
-0.06
-0.01
-0.15
- -
- -
-0.08
-0.03
-0.04
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
0.12
0.74
1.26
0.74
0.58
- -
9.13
0.3
0.3
0.56
0.6
- -
Dividend per Share
24.6
3.82
4.21
4.46
4.84
4.7
4.39
4.64
4.46
4.28
17.5
52.37
7.72
7.53
7.25
6.9
7.11
Book Value per Share
25.02
5.95
6.38
6.68
6.98
7.48
7.68
7.49
7.03
6.9
33.54
54.02
2
2.34
2.6
2.21
1.84
Tangible Book Value per Share
187
707
707
700
695
691
677
659
645
636
154
253
1,541
1,541
1,520
1,441
1,486
Basic Weighted Avg Shares
7,341
6,771
7,105
6,554
7,635
6,912
7,785
8,168
7,828
8,394
5,185
5,245
10,585
13,891
14,144
13,646
13,452
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
238
515
429
380
- -
Depreciation Expense
-404
-503
296
193
356
524
826
811
569
452
618
598
374
612
777
1,353
1,229
Net Income, GAAP
- -
- -
22.33
44.89
13.91
18.76
20.04
20.72
15.7
20.44
22.94
27.51
- -
32.16
29.57
26.06
27.61
Effective Tax Rate (%)
-5.5
-7.43
4.17
2.94
4.66
7.58
10.61
9.93
7.27
5.38
11.92
11.4
3.53
4.41
5.49
9.91
9.14
Profit Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Working Capital
7,860
12,472
6,043
3,840
2,567
1,289
1,268
906
1,006
1,589
1,597
1,901
2,544
2,389
2,252
1,664
1,453
LT Debt
4,758
4,206
4,506
4,676
4,847
5,165
5,200
4,936
4,748
4,576
5,167
13,706
13,845
13,944
13,403
12,368
12,056
Total Equity
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
3.85
3.68
7.92
11.33
19.32
20.02
14.58
11.92
14.67
6.27
- -
4.3
5.7
10.88
9.8
Return on Capital (%)
-9.98
-13.79
10.44
6.33
10.97
15.85
26.56
26.89
19.16
16.14
22.85
7.51
2.98
5.21
6.87
12.91
11.12
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
ST Debt
- -
- -
- -
LT Borrowings
1,550
1,465
1,453
LT Finance Leases
702
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,504
1,444
1,431
Market Capitalization
21,319
24,922
25,143

Working Capital

FRC

•

in mil. unless spec.
Dec'24
Mar'25
Jun'25
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
412
537
400
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
15.65%
31.08%
-7.72%
Free Cash Flow
- -
- -
-58.97%
Net Income, GAAP
16.62%
24.81%
74.13%
Sales/Revenue/Turnover
11.49%
26.5%
-3.52%
Total Cash Common Dividend
- -
- -
1.89%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
3,282
3,191
3,582
3,290
14,144
2025
2,951
3,629
3,556
- -
13,646
2026
2,825
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.13
0.02
0.21
0.15
0.51
2025
0.23
0.24
0.24
- -
0.94
2026
0.16
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.56
2025
- -
- -
- -
- -
0.6
2026
- -
- -
- -
- -
- -
Similar Companies
Swiss Re AG (SSREF)
Bâloise Holding AG (BLHEF)
Vienna Insurance Group AG (VNRGF)
Saga plc (SAGA.L)
Equitable Holdings, Inc. (EQH)
ANR, Inc. (ANDD)
Business
Alm. Brand A/S operates as a Danish financial services group focused on non-life insurance, life and pension insurance, and banking products, serving approximately 700,000 private, commercial, and agricultural customers primarily in Denmark. The company offers a diverse portfolio encompassing personal lines such as household, motor, accident, health, pet, and youth insurance; commercial lines including property, liability, and industry-specific coverage; agricultural insurance for farms and rural properties; life insurance products covering death, disability, and critical illness; pension solutions like corporate plans and savings schemes; and banking services through subsidiaries such as deposits, lending, home finance, leasing, and investment consultancy under brands including Alm. Brand, Codan, Privatsikring, and Erhvervssikring. Founded in 1792 and headquartered at Midtermolen 7 in Copenhagen, the group maintains nationwide operations via sales centers and branches, with Alm. Brand af 1792 fmba holding a majority 56.8% stake and key subsidiaries like Alm. Brand Forsikring A/S, Alm. Brand Liv A/S, and Alm. Brand Leasing A/S supporting its activities. Recent developments include the 2022 acquisition of Codan Denmark from Intact Financial Corporation and Tryg A/S for DKK 12.6 billion, positioning Alm. Brand as Denmark's second-largest non-life insurer with enhanced customer diversification; the divestiture of Alm. Brand Bank to Sydbank in 2020 for EUR 250 million; and an ongoing share buyback program initiated in March 2025 valued at up to DKK 835.2 million.