Helgeland Sparebank (HELG) - Net Assets

Latest as of December 2025: Nkr5.41 Billion NOK ≈ $569.50 Million USD

Based on the latest financial reports, Helgeland Sparebank (HELG) has net assets worth Nkr5.41 Billion NOK (≈ $569.50 Million USD) 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 ≈ $4.32 Billion USD) and total liabilities (Nkr35.65 Billion ≈ $3.75 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. Check HELG asset resilience ratio to evaluate the company's liquid asset resilience ratio.

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. Also explore Helgeland Sparebank asset portfolio for the complete picture of this company's asset base.

Annual Net Assets for Helgeland Sparebank (2000–2025)

The table below shows the annual net assets of Helgeland Sparebank from 2000 to 2025. For live valuation and market cap data, see Helgeland Sparebank (HELG) total market value.

Year	Net Assets	Change
2025-12-31	Nkr5.41 Billion ≈ $569.50 Million	+3.64%
2024-12-31	Nkr5.22 Billion ≈ $549.50 Million	+3.39%
2023-12-31	Nkr5.05 Billion ≈ $531.51 Million	+2.33%
2022-12-31	Nkr4.94 Billion ≈ $519.41 Million	+6.70%
2021-12-31	Nkr4.63 Billion ≈ $486.79 Million	+21.13%
2020-12-31	Nkr3.82 Billion ≈ $401.87 Million	+7.12%
2019-12-31	Nkr3.56 Billion ≈ $375.14 Million	+7.31%
2018-12-31	Nkr3.32 Billion ≈ $349.57 Million	+1.06%
2017-12-31	Nkr3.29 Billion ≈ $345.89 Million	+2.46%
2016-12-31	Nkr3.21 Billion ≈ $337.57 Million	+25.56%
2015-12-31	Nkr2.56 Billion ≈ $268.86 Million	+17.26%
2014-12-31	Nkr2.18 Billion ≈ $229.29 Million	+9.61%
2013-12-31	Nkr1.99 Billion ≈ $209.19 Million	+10.63%
2012-12-31	Nkr1.80 Billion ≈ $189.10 Million	+7.09%
2011-12-31	Nkr1.68 Billion ≈ $176.57 Million	+1.15%
2010-12-31	Nkr1.66 Billion ≈ $174.57 Million	+6.28%
2009-12-31	Nkr1.56 Billion ≈ $164.26 Million	+5.05%
2008-12-31	Nkr1.49 Billion ≈ $156.37 Million	+8.77%
2007-12-31	Nkr1.37 Billion ≈ $143.77 Million	+12.25%
2006-12-31	Nkr1.22 Billion ≈ $128.08 Million	+9.35%
2005-12-31	Nkr1.11 Billion ≈ $117.13 Million	+104.75%
2004-12-31	Nkr543.65 Million ≈ $57.21 Million	+70.34%
2003-12-31	Nkr319.16 Million ≈ $33.58 Million	-17.14%
2002-12-31	Nkr385.17 Million ≈ $40.53 Million	+2.86%
2001-12-31	Nkr374.46 Million ≈ $39.40 Million	+8.09%
2000-12-31	Nkr346.44 Million ≈ $36.46 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
Shanghai Huide Science & Technology Co Ltd SHG:603192	$471.28 Million
Temple & Webster Group Ltd AU:TPW	$471.47 Million
Changzhou Shenli Electrical Machine Incorporated Co SHG:603819	$471.54 Million
Cantor Equity Partners IV, Inc. Class A Ordinary Shares NASDAQ:CEPF	$471.62 Million
Albaraka Turk Katilim Bankasi AS IS:ALBRK	$470.91 Million
AB Sagax (publ) ST:SAGA-D	$470.82 Million
Ningxia Younglight Chemicals Co Ltd SHE:000635	$470.62 Million
Seche Environnem. PA:SCHP	$470.57 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: 0.83x
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 2.94x to 0.83x 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	Nkr166.00	x
2009-12-31	Nkr59.30	Nkr166.00	x
2010-12-31	Nkr64.81	Nkr166.00	x
2011-12-31	Nkr88.81	Nkr166.00	x
2012-12-31	Nkr95.12	Nkr166.00	x
2013-12-31	Nkr105.24	Nkr166.00	x
2014-12-31	Nkr115.36	Nkr166.00	x
2015-12-31	Nkr136.61	Nkr166.00	x
2016-12-31	Nkr168.20	Nkr166.00	x
2017-12-31	Nkr156.41	Nkr166.00	x
2018-12-31	Nkr158.08	Nkr166.00	x
2019-12-31	Nkr169.65	Nkr166.00	x
2020-12-31	Nkr182.44	Nkr166.00	x
2021-12-31	Nkr170.65	Nkr166.00	x
2022-12-31	Nkr183.02	Nkr166.00	x
2023-12-31	Nkr187.72	Nkr166.00	x
2024-12-31	Nkr192.70	Nkr166.00	x
2025-12-31	Nkr201.06	Nkr166.00	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: $16,542,159,462
Average return on equity (ROE) among peers: 6.68%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Helgeland Sparebank (HELG)	Nkr5.41 Billion	2.82%	6.59x	$471.00 Million
Aasen Sparebank (AASB)	$380.86 Million	8.04%	8.07x	$24.75 Million
Aurskog Sparebank (AURG)	$2.17 Billion	9.87%	7.02x	$123.04 Million
Bien Sparebank ASA (BIEN)	$694.19 Million	8.04%	6.36x	$93.84 Million
DnB ASA (DNB)	$142.23 Billion	12.32%	15.80x	$42.91 Billion
Grong Sparebank (GRONG)	$841.39 Million	10.39%	7.58x	$83.18 Million
Holand og Setskog Sparebank (HSPG)	$232.48 Million	7.59%	13.83x	$11.58 Million
Instabank ASA (INSTA)	$282.67 Million	0.81%	6.47x	$200.27 Million
Jaeren Sparebank (JAREN)	$1.77 Billion	6.84%	6.94x	$181.14 Million
Kraft Bank Asa (KRAB)	$281.22 Million	-3.84%	0.63x	$58.73 Million

About Helgeland Sparebank

OL:HELG Norway Banks - Regional

Market Cap

$471.00 Million

Nkr4.48 Billion NOK

Market Cap Rank

#12830 Global

#94 in Norway

Share Price

Nkr166.00

Change (1 day)

-0.59%

52-Week Range

Nkr158.00 - Nkr189.00

All Time High

Nkr189.00