Helgeland Sparebank
SpareBank 1 Helgeland provides various banking products and services to private customers, small and medium-sized enterprises, municipalities, and institutions in Norway. The company operates in two segments, Corporate and Retail Banking. It offers savings, investment, pension, and insurance products; loans and financing; mortgage services; bank and credit cards; and online and mobile banking, an… Read more
Helgeland Sparebank (HELG) - Net Assets
Latest net assets as of December 2025: Nkr5.41 Billion NOK
Based on the latest financial reports, Helgeland Sparebank (HELG) has net assets worth Nkr5.41 Billion NOK as of December 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr41.06 Billion) and total liabilities (Nkr35.65 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 | Nkr5.41 Billion |
| % of Total Assets | 13.18% |
| Annual Growth Rate | 11.62% |
| 5-Year Change | 16.99% |
| 10-Year Change | 68.7% |
| Growth Volatility | 23.63 |
Helgeland Sparebank - Net Assets Trend (2000–2025)
This chart illustrates how Helgeland Sparebank's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Helgeland Sparebank (2000–2025)
The table below shows the annual net assets of Helgeland Sparebank from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr5.41 Billion | +3.64% |
| 2024-12-31 | Nkr5.22 Billion | +3.39% |
| 2023-12-31 | Nkr5.05 Billion | +2.33% |
| 2022-12-31 | Nkr4.94 Billion | +6.70% |
| 2021-12-31 | Nkr4.63 Billion | +21.13% |
| 2020-12-31 | Nkr3.82 Billion | +7.12% |
| 2019-12-31 | Nkr3.56 Billion | +7.31% |
| 2018-12-31 | Nkr3.32 Billion | +1.06% |
| 2017-12-31 | Nkr3.29 Billion | +2.46% |
| 2016-12-31 | Nkr3.21 Billion | +25.56% |
| 2015-12-31 | Nkr2.56 Billion | +17.26% |
| 2014-12-31 | Nkr2.18 Billion | +9.61% |
| 2013-12-31 | Nkr1.99 Billion | +10.63% |
| 2012-12-31 | Nkr1.80 Billion | +7.09% |
| 2011-12-31 | Nkr1.68 Billion | +1.15% |
| 2010-12-31 | Nkr1.66 Billion | +6.28% |
| 2009-12-31 | Nkr1.56 Billion | +5.05% |
| 2008-12-31 | Nkr1.49 Billion | +8.77% |
| 2007-12-31 | Nkr1.37 Billion | +12.25% |
| 2006-12-31 | Nkr1.22 Billion | +9.35% |
| 2005-12-31 | Nkr1.11 Billion | +104.75% |
| 2004-12-31 | Nkr543.65 Million | +70.34% |
| 2003-12-31 | Nkr319.16 Million | -17.14% |
| 2002-12-31 | Nkr385.17 Million | +2.86% |
| 2001-12-31 | Nkr374.46 Million | +8.09% |
| 2000-12-31 | Nkr346.44 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Helgeland 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 545.7% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr1.85 Billion | 34.16% |
| Common Stock | Nkr258.00 Million | 4.77% |
| Other Components | Nkr3.31 Billion | 61.07% |
| Total Equity | Nkr5.41 Billion | 100.00% |
Helgeland Sparebank Competitors by Market Cap
The table below lists competitors of Helgeland Sparebank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
TRI CHEMICAL LABORAT.INC.
F:22E
|
$400.98 Million |
|
Lindian Resources Ltd
AU:LIN
|
$401.00 Million |
|
Korla Pear
SHG:600506
|
$401.01 Million |
|
Inventronics Hangzhou Inc
SHE:300582
|
$401.22 Million |
|
Beijing Career International Co Ltd
SHE:300662
|
$400.92 Million |
|
Sino BiologicalInc.
SHE:301047
|
$400.87 Million |
|
PSG Corp. PCL
BK:PSG
|
$400.54 Million |
|
Yan Tai Shuang Ta Food Co Ltd
SHE:002481
|
$400.18 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Helgeland Sparebank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,222,000,000 to 5,412,000,000, a change of 190,000,000 (3.6%).
- Net income of 504,000,000 contributed positively to equity growth.
- Dividend payments of 279,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr504.00 Million | +9.31% |
| Dividends Paid | Nkr279.00 Million | -5.16% |
| Other Changes | Nkr-35.00 Million | -0.65% |
| Total Change | Nkr- | 3.64% |
Book Value vs Market Value Analysis
This analysis compares Helgeland 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: 0.85x
- 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 3.01x to 0.85x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2008-12-31 | Nkr56.44 | Nkr170.00 | x |
| 2009-12-31 | Nkr59.30 | Nkr170.00 | x |
| 2010-12-31 | Nkr64.81 | Nkr170.00 | x |
| 2011-12-31 | Nkr88.81 | Nkr170.00 | x |
| 2012-12-31 | Nkr95.12 | Nkr170.00 | x |
| 2013-12-31 | Nkr105.24 | Nkr170.00 | x |
| 2014-12-31 | Nkr115.36 | Nkr170.00 | x |
| 2015-12-31 | Nkr136.61 | Nkr170.00 | x |
| 2016-12-31 | Nkr168.20 | Nkr170.00 | x |
| 2017-12-31 | Nkr156.41 | Nkr170.00 | x |
| 2018-12-31 | Nkr158.08 | Nkr170.00 | x |
| 2019-12-31 | Nkr169.65 | Nkr170.00 | x |
| 2020-12-31 | Nkr182.44 | Nkr170.00 | x |
| 2021-12-31 | Nkr170.65 | Nkr170.00 | x |
| 2022-12-31 | Nkr183.02 | Nkr170.00 | x |
| 2023-12-31 | Nkr187.72 | Nkr170.00 | x |
| 2024-12-31 | Nkr192.70 | Nkr170.00 | x |
| 2025-12-31 | Nkr201.06 | Nkr170.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Helgeland 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): 9.31%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 42.57%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 7.59x
- Recent ROE (9.31%) is above the historical average (8.34%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2006 | 2.82% | 4.94% | 0.05x | 10.39x | Nkr-87.45 Million |
| 2007 | 13.97% | 20.62% | 0.06x | 10.44x | Nkr54.27 Million |
| 2008 | 8.63% | 10.64% | 0.07x | 11.18x | Nkr-20.40 Million |
| 2009 | 6.35% | 11.55% | 0.05x | 11.79x | Nkr-56.90 Million |
| 2010 | 9.17% | 16.56% | 0.05x | 12.17x | Nkr-13.70 Million |
| 2011 | 5.55% | 9.62% | 0.04x | 13.61x | Nkr-74.60 Million |
| 2012 | 6.85% | 11.37% | 0.04x | 13.70x | Nkr-56.50 Million |
| 2013 | 9.72% | 16.62% | 0.04x | 13.06x | Nkr-5.60 Million |
| 2014 | 11.02% | 20.05% | 0.05x | 11.88x | Nkr22.30 Million |
| 2015 | 8.15% | 20.14% | 0.04x | 10.63x | Nkr-47.30 Million |
| 2016 | 10.92% | 32.86% | 0.04x | 9.17x | Nkr29.40 Million |
| 2017 | 8.31% | 26.76% | 0.03x | 9.70x | Nkr-55.50 Million |
| 2018 | 4.49% | 14.04% | 0.03x | 9.93x | Nkr-183.00 Million |
| 2019 | 8.56% | 24.62% | 0.04x | 9.56x | Nkr-51.30 Million |
| 2020 | 8.91% | 26.50% | 0.04x | 8.70x | Nkr-41.60 Million |
| 2021 | 4.43% | 22.45% | 0.02x | 8.53x | Nkr-257.30 Million |
| 2022 | 9.02% | 31.56% | 0.04x | 7.83x | Nkr-48.30 Million |
| 2023 | 9.70% | 22.31% | 0.06x | 7.30x | Nkr-15.10 Million |
| 2024 | 10.93% | 22.47% | 0.07x | 7.46x | Nkr48.80 Million |
| 2025 | 9.31% | 42.57% | 0.03x | 7.59x | Nkr-37.20 Million |
Industry Comparison
This section compares Helgeland Sparebank's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $873,142,333
- Average return on equity (ROE) among peers: 7.97%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Helgeland Sparebank (HELG) | Nkr5.41 Billion | 2.82% | 6.59x | $400.97 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 |
| Bien Sparebank ASA (BIEN) | $694.19 Million | 8.04% | 6.36x | $71.28 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 |
| 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 |