1. Denmark Stocks

  2. •

    Finance

  3. •

    Multi-line insurance
Alm. Brand A/S

Alm. Brand A/S

17.46
DKK
+0.08
(+0.46%)
0.66EPS
24.43P/E
22.14BMarket Cap
Oct 28Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
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
9.5
Basic EPS, GAAP
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
0.66
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
0.12
0.74
1.26
0.74
0.58
- -
9.13
0.3
0.3
0.56
0.6
- -
Book Value per Share
6.49
7
7.52
7.79
7.58
7.43
7.27
8.23
8.89
8.98
9.06
8.91
8.76
8.04
Tangible Book Value per Share
6.49
7
7.52
7.79
7.57
7.1
6.97
8.21
8.87
2
2.34
2.62
2.26
1.42
Basic Weighted Avg Shares
700
695
691
677
659
645
636
154
253
1,541
1,541
1,520
1,441
1,410
Sales/Revenue/Turnover
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
13,400
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
238
515
429
380
- -
Net Income, GAAP
193
356
524
826
811
569
452
618
598
374
612
777
1,353
935
Effective Tax Rate (%)
44.89
13.91
18.76
20.04
20.72
15.7
20.44
22.94
27.51
- -
32.16
29.57
26.06
25.79
Profit Margin (%)
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
6.98
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
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
1,422
Total Equity
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
10,990
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
3.14
6.49
8.55
13.12
13.34
9.87
8.2
9.75
5.44
- -
3.74
4.86
9.12
7.01
Return on Common Equity (%)
4.34
7.6
10.47
15.94
16
11.75
9.7
12.69
6.34
2.71
4.4
5.68
10.5
7.86

Capital Structure

DKK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
1,089
1,032
1,422
LT Finance Leases
575
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,412
1,402
1,367
Market Capitalization
26,690
22,065
22,142

Working Capital

DKK

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
607
174
266
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

DKK

•

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
- -
- -
- -
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

DKK

•

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
3,390
- -
- -
- -

Quarterly Earnings Per Share

DKK

•

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
0.02
- -
- -
- -

Quarterly Dividends Per Share

DKK

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.56
2025
- -
- -
- -
- -
0.6
2026
- -
- -
- -
- -
- -

Company Description

Company Profile APIChatGPT
CEO
Andreas Ruben Madsen
Full Time Employees
2,040
Sector
Finance
Industry
Multi-line insurance
Address
Midtermolen 7 Copenhagen ZE Denmark 2100
IPO Date
May 27, 1993
Website
almbrandgroup.com
Similar Companies
Lemonade, Inc. (NYSE:LMND)
Aditya Birla Capital Ltd. (NSE:ABCAPITAL)
Allianz SE (XETR:ALV)
Progressive Corporation (The) (NYSE:PGR)
Turkiye Sigorta A.S. (BIST:TURSG)
Allstate Corporation (The) (NYSE:ALL)
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.