Grong Sparebank Net Assets
Grong Sparebank net assets. Based on the latest financial reports, Grong Sparebank (GRONG) has net assets worth Nkr1.52 Billion NOK (≈ $160.40 Million USD) as of June 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr12.55 Billion ≈ $1.32 Billion USD) and total liabilities (Nkr11.03 Billion ≈ $1.16 Billion USD). 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. Also explore Grong Sparebank (GRONG) equity growth momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr1.52 Billion |
| % of Total Assets | 12.14% |
| Annual Growth Rate | 13.6% |
| 5-Year Change | 63.11% |
| 10-Year Change | N/A |
| Growth Volatility | 6.92 |
Net Assets of Grong Sparebank (2016–2025)
Net assets of Grong Sparebank from 2016 to 2025. This chart illustrates how Grong Sparebank's net assets have evolved over time, based on quarterly financial data. See Grong Sparebank balance sheet independence to measure how much of total assets are equity-financed.
Annual Net Assets for Grong Sparebank (2016–2025)
The table below shows the annual net assets of Grong Sparebank from 2016 to 2025. For live market cap and overall valuation, see GRONG stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr1.50 Billion ≈ $158.19 Million |
+10.75% |
| 2024-12-31 | Nkr1.36 Billion ≈ $142.84 Million |
+6.41% |
| 2023-12-31 | Nkr1.28 Billion ≈ $134.24 Million |
+9.86% |
| 2022-12-31 | Nkr1.16 Billion ≈ $122.20 Million |
+26.00% |
| 2021-12-31 | Nkr921.66 Million ≈ $96.99 Million |
+9.54% |
| 2020-12-31 | Nkr841.39 Million ≈ $88.54 Million |
+21.58% |
| 2019-12-31 | Nkr692.06 Million ≈ $72.82 Million |
+12.33% |
| 2018-12-31 | Nkr616.11 Million ≈ $64.83 Million |
+6.08% |
| 2017-12-31 | Nkr580.78 Million ≈ $61.11 Million |
+21.68% |
| 2016-12-31 | Nkr477.28 Million ≈ $50.22 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Grong Sparebank'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 225.4% over the analyzed period, indicating profitable operations and earnings retention.
Grong Sparebank Net Assets Breakdown (December 2025)
Grong Sparebank net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr967.28 Million | 64.34% |
| Common Stock | Nkr397.25 Million | 26.42% |
| Other Components | Nkr138.80 Million | 9.23% |
| Total Equity | Nkr1.50 Billion | 100.00% |
Grong Sparebank Competitors by Market Cap
The table below lists competitors of Grong Sparebank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Happy City Holdings Limited Class A Ordinary shares
NASDAQ:HCHL
|
$70.66 Million |
|
2invest AG
XETRA:2INV
|
$70.69 Million |
|
Noodles & Company
NASDAQ:NDLS
|
$70.82 Million |
|
Zeus Co.Ltd
KQ:079370
|
$70.84 Million |
|
Turker Proje Gayrimenkul Ve Yatirim Gelistirme AS
IS:TURGG
|
$70.62 Million |
|
Haivision Systems Inc
TO:HAI
|
$70.62 Million |
|
Hyundai Livart Furniture Co Ltd
KO:079430
|
$70.61 Million |
|
Airship AI Holdings Inc
NASDAQ:AISP
|
$70.60 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Grong Sparebank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,357,443,000 to 1,503,326,000, a change of 145,883,000 (10.7%).
- Net income of 196,113,000 contributed positively to equity growth.
- Dividend payments of 41,711,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr196.11 Million | +13.05% |
| Dividends Paid | Nkr41.71 Million | -2.77% |
| Other Changes | Nkr-8.52 Million | -0.57% |
| Total Change | Nkr- | 10.75% |
Book Value vs Market Value Analysis
This analysis compares Grong Sparebank'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: 0.45x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 0.69x to 0.45x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Nkr244.01 | Nkr168.98 | x |
| 2017-12-31 | Nkr227.79 | Nkr168.98 | x |
| 2018-12-31 | Nkr241.65 | Nkr168.98 | x |
| 2019-12-31 | Nkr232.82 | Nkr168.98 | x |
| 2020-12-31 | Nkr283.06 | Nkr168.98 | x |
| 2021-12-31 | Nkr310.07 | Nkr168.98 | x |
| 2022-12-31 | Nkr292.33 | Nkr168.98 | x |
| 2023-12-31 | Nkr321.14 | Nkr168.98 | x |
| 2024-12-31 | Nkr341.71 | Nkr168.98 | x |
| 2025-12-31 | Nkr378.44 | Nkr168.98 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Grong Sparebank 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): 13.05%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 47.96%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 7.57x
- Recent ROE (13.05%) is above the historical average (9.98%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 8.11% | 0.00% | 0.00x | 11.46x | Nkr-9.02 Million |
| 2017 | 7.93% | 28.24% | 0.03x | 10.14x | Nkr-12.04 Million |
| 2018 | 8.63% | 31.37% | 0.03x | 10.40x | Nkr-8.47 Million |
| 2019 | 7.76% | 28.66% | 0.03x | 9.80x | Nkr-15.49 Million |
| 2020 | 10.39% | 39.89% | 0.03x | 8.58x | Nkr3.26 Million |
| 2021 | 9.32% | 39.36% | 0.03x | 8.58x | Nkr-6.29 Million |
| 2022 | 14.27% | 51.09% | 0.04x | 7.73x | Nkr49.59 Million |
| 2023 | 12.17% | 45.78% | 0.03x | 7.88x | Nkr27.64 Million |
| 2024 | 8.18% | 35.32% | 0.03x | 8.05x | Nkr-24.68 Million |
| 2025 | 13.05% | 47.96% | 0.04x | 7.57x | Nkr45.78 Million |
Industry Comparison
This section compares Grong Sparebank's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $4,114,626,129
- Average return on equity (ROE) among peers: 9.39%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Grong Sparebank (GRONG) | Nkr1.52 Billion | 8.11% | 7.24x | $70.64 Million |
| Aasen Sparebank (AASB) | $568.33 Million | 7.16% | 7.69x | $25.12 Million |
| Aurskog Sparebank (AURG) | $2.55 Billion | 10.17% | 7.33x | $124.75 Million |
| Bien Sparebank ASA (BIEN) | $652.26 Million | 6.45% | 6.60x | $86.07 Million |
| DnB ASA (DNB) | $25.84 Billion | 15.87% | 12.86x | $47.74 Billion |
| Helgeland Sparebank (HELG) | $3.56 Billion | 8.56% | 8.56x | $485.19 Million |
| Holand og Setskog Sparebank (HSPG) | $294.96 Million | 5.63% | 12.41x | $8.69 Million |
| Instabank ASA (INSTA) | $948.14 Million | 10.64% | 6.68x | $230.55 Million |
| Jaeren Sparebank (JAREN) | $2.11 Billion | 7.18% | 6.55x | $168.20 Million |
| Kraft Bank Asa (KRAB) | $506.89 Million | 12.83% | 7.71x | $51.62 Million |
About Grong Sparebank
Grong Sparebank, an independent savings bank, provides a range of banking products and services in Norway. The company provides mutual fund savings, wealth advice, retirement savings, BSU, and savings accounts products; mortgage, construction loans, fixed-rate loans, framework loan, cottage loans, car loans, and consumer loans; refinancing the mortgage; and loans for other vehicles. It also offer… Read more