Alm. Brand Ratios and Metrics

Market cap in millions DKK. Fiscal year is January - December.

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	2015 - 2019
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	2015 - 2019
Market Capitalization	26,702	21,085	18,346	17,325	19,631	11,301	Upgrade
Market Cap Growth	24.07%	14.93%	5.90%	-11.75%	73.70%	11.73%	Upgrade
Enterprise Value	27,575	22,721	20,114	18,722	19,767	11,906	Upgrade
PE Ratio	27.26	28.19	31.25	47.21	32.83	18.29	Upgrade
PS Ratio	1.99	1.55	1.32	1.43	3.64	2.16	Upgrade
PB Ratio	2.19	1.57	1.32	1.25	1.43	2.19	Upgrade
P/FCF Ratio	50.29	35.86	168.31	117.06	22.21	9.26	Upgrade
P/OCF Ratio	45.65	29.91	168.31	117.06	21.29	9.25	Upgrade
EV/Sales Ratio	2.06	1.67	1.44	1.55	3.67	2.27	Upgrade
EV/EBITDA Ratio	11.55	10.28	10.08	25.03	25.02	11.95	Upgrade
EV/EBIT Ratio	13.26	12.82	13.17	46.92	26.46	16.05	Upgrade
EV/FCF Ratio	51.93	38.64	184.53	126.50	22.36	9.75	Upgrade
Debt / Equity Ratio	0.11	0.17	0.17	0.18	0.14	0.31	Upgrade
Debt / EBITDA Ratio	0.55	1.00	1.18	3.24	2.41	1.60	Upgrade
Debt / FCF Ratio	2.50	3.83	21.92	17.19	2.15	1.31	Upgrade
Quick Ratio	183.00	0.33	1.37	1.59	0.02	0.09	Upgrade
Current Ratio	380.00	0.82	2.52	2.73	0.76	0.29	Upgrade
Asset Turnover	0.39	0.38	0.39	0.31	0.14	0.14	Upgrade
Return on Equity (ROE)	8.16%	5.84%	3.34%	-1.23%	5.36%	11.52%	Upgrade
Return on Assets (ROA)	3.76%	3.12%	2.68%	0.64%	1.24%	1.24%	Upgrade
Return on Capital (ROIC)	9.00%	6.93%	5.83%	1.56%	4.17%	7.17%	Upgrade
Earnings Yield	4.54%	3.69%	3.34%	2.16%	3.05%	5.47%	Upgrade
FCF Yield	1.99%	2.79%	0.59%	0.85%	4.50%	10.80%	Upgrade
Dividend Yield	3.17%	4.46%	5.03%	2.98%	2.69%	31.11%	Upgrade
Payout Ratio	69.79%	109.14%	75.49%	123.53%	180.44%	-	Upgrade
Buyback Yield / Dilution	3.38%	1.40%	-	-509.35%	-64.35%	1.68%	Upgrade
Total Shareholder Return	6.55%	5.86%	5.03%	-506.37%	-61.65%	32.79%	Upgrade

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.