Bien Sparebank ASA
Bien Sparebank ASA operates as a savings bank that provides a range of banking and financial products and services to individuals and business customers in Norway and internationally. It operates through Retail Market and Corporate Market segments. The company offers bank, BSU, mutual funds, and retirement savings; business, tax withholding, investment, deposit, agricultural, client accounts and … Read more
Bien Sparebank ASA (BIEN) - Net Assets
Latest net assets as of September 2025: Nkr743.00 Million NOK
Based on the latest financial reports, Bien Sparebank ASA (BIEN) has net assets worth Nkr743.00 Million NOK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr6.03 Billion) and total liabilities (Nkr5.29 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr743.00 Million |
| % of Total Assets | 12.32% |
| Annual Growth Rate | 8.89% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 7.53 |
Bien Sparebank ASA - Net Assets Trend (2020–2024)
This chart illustrates how Bien Sparebank ASA's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Bien Sparebank ASA (2020–2024)
The table below shows the annual net assets of Bien Sparebank ASA from 2020 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr716.68 Million | +3.24% |
| 2023-12-31 | Nkr694.19 Million | +6.43% |
| 2022-12-31 | Nkr652.26 Million | +22.03% |
| 2021-12-31 | Nkr534.51 Million | +4.86% |
| 2020-12-31 | Nkr509.73 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Bien Sparebank ASA's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 86.3% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr310.61 Million | 43.34% |
| Common Stock | Nkr195.26 Million | 27.24% |
| Other Components | Nkr210.82 Million | 29.42% |
| Total Equity | Nkr716.68 Million | 100.00% |
Bien Sparebank ASA Competitors by Market Cap
The table below lists competitors of Bien Sparebank ASA ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
PetroShale Inc
OTCQB:PSHIF
|
$71.29 Million |
|
Honghua Group Limited
F:4HB
|
$71.31 Million |
|
Bioceltix S.A.
WAR:BCX
|
$71.31 Million |
|
Xaar plc
PINK:XAARF
|
$71.32 Million |
|
Seoyon Co Ltd
KO:007860
|
$71.28 Million |
|
JSL S.A
SA:JSLG3
|
$71.28 Million |
|
OPC Energy Ltd
TA:OPCE
|
$71.19 Million |
|
Formosa Electronic Industries
TWO:8171
|
$71.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Bien Sparebank ASA's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 694,192,000 to 716,685,000, a change of 22,493,000 (3.2%).
- Net income of 60,772,000 contributed positively to equity growth.
- Dividend payments of 27,947,000 reduced retained earnings.
- Other factors decreased equity by 10,332,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr60.77 Million | +8.48% |
| Dividends Paid | Nkr27.95 Million | -3.9% |
| Other Changes | Nkr-10.33 Million | -1.44% |
| Total Change | Nkr- | 3.24% |
Book Value vs Market Value Analysis
This analysis compares Bien Sparebank ASA's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.13x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.59x to 1.13x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2020-12-31 | Nkr89.74 | Nkr143.00 | x |
| 2021-12-31 | Nkr94.10 | Nkr143.00 | x |
| 2022-12-31 | Nkr114.83 | Nkr143.00 | x |
| 2023-12-31 | Nkr122.21 | Nkr143.00 | x |
| 2024-12-31 | Nkr126.17 | Nkr143.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Bien Sparebank ASA utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 8.48%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 39.69%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 7.61x
- Recent ROE (8.48%) is above the historical average (6.72%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2020 | 5.10% | 26.90% | 0.02x | 9.89x | Nkr-24.96 Million |
| 2021 | 5.51% | 28.93% | 0.02x | 9.35x | Nkr-23.99 Million |
| 2022 | 6.45% | 35.50% | 0.02x | 7.60x | Nkr-23.14 Million |
| 2023 | 8.04% | 38.98% | 0.03x | 7.36x | Nkr-13.57 Million |
| 2024 | 8.48% | 39.69% | 0.03x | 7.61x | Nkr-10.90 Million |
Industry Comparison
This section compares Bien Sparebank ASA's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $1,376,232,111
- Average return on equity (ROE) among peers: 8.29%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Bien Sparebank ASA (BIEN) | Nkr743.00 Million | 5.10% | 7.11x | $71.28 Million |
| Aasen Sparebank (AASB) | $827.45 Million | 9.55% | 7.18x | $16.20 Million |
| Aurskog Sparebank (AURG) | $330.39 Million | 10.56% | 15.15x | $106.30 Million |
| Flekkefjord Sparebank (FFSB) | $704.85 Million | 8.01% | 7.79x | $11.92 Million |
| Grong Sparebank (GRONG) | $921.66 Million | 9.32% | 7.58x | $55.44 Million |
| Helgeland Sparebank (HELG) | $5.22 Billion | 10.93% | 6.46x | $400.97 Million |
| Haugesund Sparebank (HGSB) | $1.55 Billion | 7.63% | 6.85x | $63.52 Million |
| Holand og Setskog Sparebank (HSPG) | $160.35 Million | 0.00% | 8.28x | $8.64 Million |
| Instabank ASA (INSTA) | $786.27 Million | 10.46% | 6.38x | $40.58 Million |
| Jaeren Sparebank (JAREN) | $1.89 Billion | 8.15% | 6.69x | $35.81 Million |