TGVSF (Tryg AS) Intangible Assets: $4,705 Mil (As of Jun. 2026)

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TGVSF Tryg AS TGVSF
72 GF Score
Price $23.75
GF Value $25.40
! 5 Warning Signs
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What is Tryg AS Intangible Assets?

Tryg AS TGVSF 72 Intangible Assets is $4,705 Mil as of Jun. 2026. GuruFocus rates TGVSF with a GF Score™ of 72/100 and a GF Value™ of $25.40. 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. Tryg AS's intangible assets for the quarter that ended in Jun. 2026 was $4,705 Mil.


Tryg AS  (OTCPK:TGVSF) 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.


Tryg AS Intangible Assets Related Terms


Tryg AS Intangible Assets Historical Data

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The historical data trend for Tryg 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.

Tryg AS Intangible Assets Chart

Tryg AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Intangible Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,067.47 4,658.47 4,680.02 4,309.40 4,922.55

Tryg AS Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 4,788.19 4,878.28 4,922.55 4,798.39 4,705.02
TGVSF
72GF Score
Tryg AS TGVSF
Intangible Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Tryg 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 $4,705 Mil mean?
Tryg AS (TGVSF) has a Intangible Assets of $4,705 Mil as of Jun. 2026. Intangible assets include patents, goodwill and trade secrets. View historical data on Tryg AS and its competitors.
Is Tryg AS's Intangible Assets too high?
Tryg AS's current Intangible Assets is $4,705 Mil. Overall, Tryg AS has a GF Score™ of 72/100, reflecting its overall financial health beyond just this single metric.
How does Tryg AS's Intangible Assets compare to BRK.A and AIG?
Tryg AS's Intangible Assets of $4,705 Mil can be compared against companies in the Insurance 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 an Insurance company?
A good Intangible Assets depends on the Insurance 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 Tryg AS and its competitors. Tryg AS's current Intangible Assets is $4,705 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tryg AS stock overvalued right now?
Tryg AS (TGVSF) has a current Intangible Assets of $4,705 Mil. The stock's GF Value™ is $25.40, compared to a current price of $23.75 — trading 6.5% below its estimated fair value. The current Intangible Assets is $4,705 Mil. Tryg AS's overall GF Score™ is 72/100 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 Tryg AS (TGVSF), the current Intangible Assets is $4,705 Mil as of Jun. 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 Tryg AS (TGVSF) Overvalued in 2026?

Based on GuruFocus' analysis, Tryg AS stock appears to be undervalued. The current stock price of $23.75 is trading 6.5% below its estimated GF Value™ of $25.40.

Key valuation signals for TGVSF:

  • Intangible Assets: $4,705 Mil
  • GF Value™: $25.40 vs. price of $23.75 (6.5% below fair value)
  • GF Score™: 72/100 with 5 warning signs

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


Tryg AS Business Description

Address Klausdalsbrovej 601, Ballerup, DNK, 2750
For a long period of time Tryg was focussed purely on the Danish market, but over the last two decades the company has built its presence in Scandinavia more broadly. So, while this nonlife insurer derives close to 50% of its revenue from Denmark, it derives another 30% from Sweden and close to 20% from Norway. Comprehensive motor, third-party, accident, and health are Tryg's largest lines of business. Tryg insures both companies and private individuals, though private individuals make up close to two-thirds of revenue. In June 2021 Tryg acquired the Scandinavian operations of Royal Sun Alliance. The acquisition provided Tryg with a significant step forward in Sweden, introducing DKK 8 billion of insurance revenue and DKK 1 billion in Norway.
72GF Score

Get the complete analysis for TGVSF

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

$23.75
Price
$25.40
GF Value