Sparebank 68 Grader Nord

OL:SB68 Norway Banks - Regional
Market Cap
$58.06 Million
Nkr661.58 Million NOK
Market Cap Rank
#23638 Global
#123 in Norway
Share Price
Nkr222.00
Change (1 day)
-2.18%
52-Week Range
Nkr173.10 - Nkr228.45
All Time High
Nkr228.45
About

Sparebank 68° Nord, a savings bank, provides various banking services to the personal and corporate market in Norway. The company offers savings accounts; house, retirement, and mutual fund savings; debit and credit cards; and stock trading services. It also provides mortgage, housing, car and other vehicle, boat, and green loans, as well as consumer loans and refinancing; insurance products; onl… Read more

Sparebank 68 Grader Nord - Asset Resilience Ratio

Latest as of September 2022: 4.68%

Sparebank 68 Grader Nord (SB68) has an Asset Resilience Ratio of 4.68% as of September 2022. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing.

Liquid Assets
Nkr505.53 Million
Cash + Short-term Investments
Total Assets
Nkr10.79 Billion
All company assets
Resilience Assessment
Low
Financial Resilience Level

Asset Resilience Ratio Trend (2018–2021)

This chart shows how Sparebank 68 Grader Nord's Asset Resilience Ratio has changed over time. Compare with other companies' asset resilience ratios.

Liquid Assets Composition Over Time

This chart breaks down Sparebank 68 Grader Nord's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents Nkr505.53 Million 4.68%
Short-term Investments Nkr0.00 0%
Total Liquid Assets Nkr505.53 Million 4.68%

Asset Resilience Insights

  • Limited Liquidity: Sparebank 68 Grader Nord maintains only 4.68% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Sparebank 68 Grader Nord Industry Peers by Asset Resilience Ratio

Compare Sparebank 68 Grader Nord's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
Ping An Bank Co Ltd
SHE:000001
Banks - Regional -6.06%
Bank of Ningbo Co Ltd
SHE:002142
Banks - Regional 6.40%
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
Banks - Regional -13.48%
Bank of Suzhou
SHE:002966
Banks - Regional -8.31%
Jeju Bank
KO:006220
Banks - Regional 2.45%
Industrial Bank Of Korea
KO:024110
Banks - Regional 4.07%
Hana Financial
KO:086790
Banks - Regional 3.29%
PT Bank Sinarmas Tbk
F:08S
Banks - Regional 3.70%

Annual Asset Resilience Ratio for Sparebank 68 Grader Nord (2018–2021)

The table below shows the annual Asset Resilience Ratio data for Sparebank 68 Grader Nord.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2021-12-31 5.59% Nkr574.59 Million Nkr10.28 Billion -2.61pp
2020-12-31 8.20% Nkr798.97 Million Nkr9.74 Billion +7.13pp
2019-12-31 1.07% Nkr67.36 Million Nkr6.27 Billion -0.50pp
2018-12-31 1.57% Nkr63.96 Million Nkr4.07 Billion --
pp = percentage points