Harboes Bryggeri AS (FRA:DX4) Intangible Assets: €0.5 Mil (As of Apr. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:DX4 Harboes Bryggeri AS FRA:DX4
66 GF Score
Price €15.18
GF Value €15.97
! 5 Warning Signs
View Full Analysis

What is Harboes Bryggeri AS Intangible Assets?

Harboes Bryggeri AS FRA:DX4 +0.26% 66 Intangible Assets is €0.5 Mil as of Apr. 2026. GuruFocus rates FRA:DX4 with a GF Score™ of 66/100 and a GF Value™ of €15.97. The stock has 5 warning signs investors should review.

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Harboes Bryggeri AS's intangible assets for the quarter that ended in Apr. 2026 was €0.5 Mil.


Harboes Bryggeri AS  (FRA:DX4) Intangible Assets Explanation

If a company (company A) received a patent through their own work, though it has value, it does not show up on its balance sheet as an intangible asset. However, if company A sells this patent to company B, it will show up on company B's balance sheet as an intangible asset.

The same applies to brand names, trade secrets etc. For instance, Coca-Cola's brand is extremely valuable, but the brand does not appear on its balance sheet, because the brand was never acquired.

Some intangibles are amortized. Amortization is the depreciation of intangible assets.

Many intangibles are not amortized. They may still be written down when the company decides the asset is impaired.

Whenever you see an increase in goodwill over a number of years, you can assume it's because the company is out buying other businesses above book value. GOOD if buying businesses with durable competitive advantage.

If goodwill stays the same, the company when acquiring other companies is either paying less than book value or not acquiring. Businesses with moats never sell for less than book value.

Intangibles acquired are on balance sheet at fair value.

Internally developed brand names (Coke, Wrigleys, Band-Aid) however are not reflected on the balance sheet.

One of the reasons competitive advantage power can remain hidden for so long.


Be Aware

Companies may change the way intangible assets are amortized, and this will affect their reported earnings.


Harboes Bryggeri AS Intangible Assets Related Terms


Harboes Bryggeri AS Intangible Assets Historical Data

* Premium members only.

The historical data trend for Harboes Bryggeri AS's Intangible Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Harboes Bryggeri AS Intangible Assets Chart

Harboes Bryggeri AS Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.84 0.56 0.53 0.51 0.49

Harboes Bryggeri AS Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Intangible Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.51 0.50 0.49 0.49 0.49
FRA:DX4
66GF Score
Harboes Bryggeri AS FRA:DX4
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Harboes Bryggeri AS Intangible Assets Calculation

Intangible assets are defined as identifiable non-monetary assets that cannot be seen, touched or physically measured. Examples of intangible assets include trade secrets, copyrights, patents, trademarks. If a company acquires assets at the prices above the book value, it may carry goodwill on its balance sheet. Goodwill reflects the difference between the price the company paid and the book value of the assets.

Frequently Asked Questions Learn more about Intangible Assets →
What does a Intangible Assets of €0.5 Mil mean?
Harboes Bryggeri AS (FRA:DX4) has a Intangible Assets of €0.5 Mil as of Apr. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Harboes Bryggeri AS and its competitors.
Is Harboes Bryggeri AS's Intangible Assets too high?
Harboes Bryggeri AS's current Intangible Assets is €0.5 Mil. Overall, Harboes Bryggeri AS has a GF Score™ of 66/100, reflecting its overall financial health beyond just this single metric.
How does Harboes Bryggeri AS's Intangible Assets compare to STZ and TAP?
Harboes Bryggeri AS's Intangible Assets of €0.5 Mil can be compared against companies in the Beverages - Alcoholic industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Intangible Assets for a Beverages - Alcoholic company?
A good Intangible Assets depends on the Beverages - Alcoholic industry context. However, Intangible Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Intangible Assets mean?
A high Intangible Assets can signal that a stock is expensive relative to its fundamentals. Intangible assets include patents, goodwill and trade secrets. View historical data on Harboes Bryggeri AS and its competitors. Harboes Bryggeri AS's current Intangible Assets is €0.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Harboes Bryggeri AS stock overvalued right now?
Harboes Bryggeri AS (FRA:DX4) has a current Intangible Assets of €0.5 Mil. The stock's GF Value™ is €15.97, compared to a current price of €15.18 — trading 4.9% below its estimated fair value. The current Intangible Assets is €0.5 Mil. Harboes Bryggeri AS's overall GF Score™ is 66/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Intangible Assets calculated?
Intangible Assets is calculated from a company's financial statements. For Harboes Bryggeri AS (FRA:DX4), the current Intangible Assets is €0.5 Mil as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Harboes Bryggeri AS (FRA:DX4) Overvalued in 2026?

Based on GuruFocus' analysis, Harboes Bryggeri AS stock appears to be undervalued. The current stock price of €15.18 is trading 4.9% below its estimated GF Value™ of €15.97.

Key valuation signals for FRA:DX4:

  • Intangible Assets: €0.5 Mil
  • GF Value™: €15.97 vs. price of €15.18 (4.9% below fair value)
  • GF Score™: 66/100 with 5 warning signs

No single metric tells the full story. See the FRA:DX4 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Harboes Bryggeri AS Business Description

Other Exchanges 0ENE:UKHARB B:Denmark
Address Spegerborgvej 34, Skaelskor, DNK, 4230
Harboes Bryggeri AS is a Denmark-based company which is engaged in the production and sale of alcoholic and non-alcoholic beverages. The product portfolio of the company includes beer, soft drinks, non-alcoholic malt and dark malt, energy drinks, juices, ciders, water, and others. Harboes has its presence in Denmark, Germany, and other countries. The majority of the company's revenue comes from Germany.
66GF Score

Get the complete analysis for FRA:DX4

Intangible Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€15.18
Price
€15.97
GF Value