profit from every DKK 100 of sales.
DKK 0DKK 100
Alm. Brand
DKK 17.40-0.11% today
-3.3% in 1 year
1-year low DKK 14.761-year high DKK 18.90
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
0%20% a year
You pay DKK 17.38 for every DKK 1 of profit it makes in a year.
CheapExpensive
Not measured for banks and insurers: deposits and policy reserves count as debt, so the usual debt test says nothing about them.
Money in, money out
What Alm. Brand sold, what it kept, and what it did with the cash.
Sales went from DKK 10.6 billion in 2022 to DKK 13.6 billion in 2025, with DKK 1.35 billion of profit last year.
SalesProfit
Alm. Brand handed back 86% of the cash it generated last year.
DKK 864M
Free cash flow 2025DKK 1.0B
Bought back its own shares–
Paid as dividendsDKK 864M
Cash vs. debtDKK 607M vs. DKK 1.7B
Alm. Brand vs. similar companies
Alm. Brand grows the slowest of these 5 and is the most expensive for its profits.
| Company | Profit from DKK 100 of sales | Sales growth a year | Price per DKK 1 of profit |
|---|---|---|---|
| Alm. Brand | 17.4× · Fair price | ||
 Allianz | 16.1× · Fair price | ||
 Zurich Insurance Group | 17.0× · Fair price | ||
 AXA SA | 9.7× · Cheap | ||
 Assicurazioni Generali | 15.9× · Fair price |
AI analysis
An AI analyst reads Alm. Brand's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of DKK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 10,585 | 13,891 | 14,144 | 13,646 | |
| – | – | – | – | |
| – | – | – | – | |
| – | – | – | – | |
| 374 | 612 | 777 | 1,353 | |
| 0.20 | 0.40 | 0.50 | 0.90 | |
| – | – | – | – | |
| – | – | – | – | |
| 3.5% | 4.4% | 5.5% | 9.9% |
Balance sheet
| In millions of DKK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 35,590 | 35,569 | 35,435 | 32,022 |
| Cash | 489 | 579 | 412 | 607 |
| Total debt | 2,544 | 2,389 | 2,252 | 1,664 |
| Total liabilities | 21,745 | 21,625 | 22,032 | 19,654 |
| 13,845 | 13,944 | 13,403 | 12,368 | |
| 1,541 | 1,541 | 1,520 | 1,460 | |
| – | – | – | – | |
| 2.7% | 4.4% | 5.8% | 10.9% |
Cash flow
| In millions of DKK | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| – | – | – | – | |
| – | – | 117 | 48 | |
| 148 | 109 | 586 | 1,010 | |
| Dividends paid | 462 | 462 | 848 | 864 |
| 7 | 26 | – | – | |
| – | – | – | – |
This is a bank or insurer, so cash-flow and debt ratios are left out: borrowing and lending is the business itself. Price to book and return on equity are the measures that matter here.
Valuation
- 17.4×
- –
- 0.27
- 1.9×
- 1.7×
- 5.8%
- 3.7%
Profitability
- 9.9%
- –
- –
- –
- –
Growth
- +8.8%
- +65.1%
- –
- −1.8%
How it ranks in Financial Services
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Bottom 34%of 866
Top 48%of 862
Bottom 40%of 921
3.7%of the share price, paid each year
On $1,000 invested$37a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
63.9% of its profit
Room to growStretchedMore than it earns: 85.5%
News
Starbucks CEO: "I would never say never to a multi-brand future"Seeking Alpha · Oct 30, 2026If I Were Brand New to Investing, This Is the 1 Surefire ETF I'd Buy and Hold for the Next 30 YearsYahoo Finance · Oct 28, 2026Tesla drops 'Full Self-Driving' brand name in Europe after regulator pushbackCNBC · Oct 9, 2026Mynd.ai's Promethean Brand Launches On-Device AI Companion to Help Teachers Create Lesson Content in SecondsYahoo Finance · Sep 30, 2026Surging Treasury yields pose a brand new problem for Kevin Warsh and the FedCNBC · Sep 25, 2026Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
Not enough data
Questions about Alm. Brand
Is Alm. Brand a good stock to buy?
A solid business at a fair price. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Alm. Brand AI analysis
What does Alm. Brand do?
Alm. Brand A/S, together with its subsidiaries, provides non-life insurance products and services in Denmark. It is in Insurance - Diversified, based in Copenhagen, Denmark, with 1,918 employees.
Does Alm. Brand pay a dividend?
Yes. At today's price the dividend is 3.7% a year, about 64% of its yearly profit. In 2025 it paid out DKK 864 million in dividends.
Is Alm. Brand stock halal?
No. Alm. Brand does not pass our halal screen: its main business, conventional insurance, is not permitted. How we check
How has Alm. Brand stock done over the past year?
Down 3.3% over the past twelve months, to DKK 17.40. It traded between DKK 14.76 and DKK 18.90 and is 7.9% below its high.
Who are Alm. Brand's competitors?
The largest listed companies in the same industry are Allianz, Zurich Insurance Group, AXA SA and Assicurazioni Generali. The peers table on this page compares their profit, growth and price with Alm. Brand's.
Prices: daily closes to Nov 9, 2026. Fundamentals: company reports via invest-like data.