Jaeren Sparebank
Jæren Sparebank engages in providing various financial products and services to individuals and businesses in Norway. It offers checking and savings accounts; and pension accounts. The company also provides deposits; vehicle loans, mortgages, personal loans, and refinancing services; and bank guarantees, construction loans, overdrafts, leasing, and business loans. In addition, it offers car, pers… Read more
Jaeren Sparebank (JAREN) - Net Assets
Latest net assets as of September 2025: Nkr2.70 Billion NOK
Based on the latest financial reports, Jaeren Sparebank (JAREN) has net assets worth Nkr2.70 Billion NOK as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr20.34 Billion) and total liabilities (Nkr17.64 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 | Nkr2.70 Billion |
| % of Total Assets | 13.27% |
| Annual Growth Rate | 7.53% |
| 5-Year Change | 31.57% |
| 10-Year Change | N/A |
| Growth Volatility | 3.65 |
Jaeren Sparebank - Net Assets Trend (2016–2024)
This chart illustrates how Jaeren 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 Jaeren Sparebank (2016–2024)
The table below shows the annual net assets of Jaeren Sparebank from 2016 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr2.61 Billion | +3.72% |
| 2023-12-31 | Nkr2.52 Billion | +9.05% |
| 2022-12-31 | Nkr2.31 Billion | +9.56% |
| 2021-12-31 | Nkr2.11 Billion | +6.17% |
| 2020-12-31 | Nkr1.98 Billion | +5.03% |
| 2019-12-31 | Nkr1.89 Billion | +6.81% |
| 2018-12-31 | Nkr1.77 Billion | +15.79% |
| 2017-12-31 | Nkr1.53 Billion | +4.56% |
| 2016-12-31 | Nkr1.46 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Jaeren 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 103.6% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr1.42 Billion | 54.48% |
| Common Stock | Nkr123.31 Million | 4.73% |
| Other Components | Nkr1.06 Billion | 40.79% |
| Total Equity | Nkr2.61 Billion | 100.00% |
Jaeren Sparebank Competitors by Market Cap
The table below lists competitors of Jaeren Sparebank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Sempio Foods Co
KO:248170
|
$35.81 Million |
|
Sernova Biotherapeutics Inc
XETRA:PSH0
|
$35.82 Million |
|
Arena Group Holdings Inc
NYSE MKT:AREN
|
$35.83 Million |
|
CESSATECH A/S DK -20
F:8GN
|
$35.83 Million |
|
YAS Co., Ltd.
KQ:255440
|
$35.80 Million |
|
Solasia Pharma K.K
F:9SO
|
$35.80 Million |
|
MRS LogÃstica S.A.
SA:MRSA3B
|
$35.78 Million |
|
Sea & Land Integrated Co
TWO:5603
|
$35.78 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Jaeren Sparebank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,515,354,000 to 2,608,882,000, a change of 93,528,000 (3.7%).
- Net income of 275,062,000 contributed positively to equity growth.
- Dividend payments of 144,085,000 reduced retained earnings.
- Other factors decreased equity by 37,449,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr275.06 Million | +10.54% |
| Dividends Paid | Nkr144.09 Million | -5.52% |
| Other Changes | Nkr-37.45 Million | -1.44% |
| Total Change | Nkr- | 3.72% |
Book Value vs Market Value Analysis
This analysis compares Jaeren 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: 0.67x
- 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 1.20x to 0.67x 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 | Nkr295.98 | Nkr356.50 | x |
| 2017-12-31 | Nkr309.48 | Nkr356.50 | x |
| 2018-12-31 | Nkr359.73 | Nkr356.50 | x |
| 2019-12-31 | Nkr383.90 | Nkr356.50 | x |
| 2020-12-31 | Nkr402.01 | Nkr356.50 | x |
| 2021-12-31 | Nkr427.74 | Nkr356.50 | x |
| 2022-12-31 | Nkr469.16 | Nkr356.50 | x |
| 2023-12-31 | Nkr509.95 | Nkr356.50 | x |
| 2024-12-31 | Nkr528.91 | Nkr356.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Jaeren 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): 10.54%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 49.85%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 7.23x
- Recent ROE (10.54%) is above the historical average (8.15%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 9.58% | 0.00% | 0.00x | 8.93x | Nkr-6.17 Million |
| 2017 | 7.83% | 37.35% | 0.02x | 8.96x | Nkr-33.12 Million |
| 2018 | 6.84% | 38.72% | 0.02x | 7.94x | Nkr-55.88 Million |
| 2019 | 8.15% | 43.23% | 0.02x | 7.69x | Nkr-35.00 Million |
| 2020 | 5.63% | 33.21% | 0.02x | 7.63x | Nkr-86.62 Million |
| 2021 | 7.18% | 43.37% | 0.02x | 7.55x | Nkr-59.29 Million |
| 2022 | 8.09% | 45.98% | 0.02x | 7.24x | Nkr-44.02 Million |
| 2023 | 9.51% | 47.37% | 0.03x | 6.92x | Nkr-12.39 Million |
| 2024 | 10.54% | 49.85% | 0.03x | 7.23x | Nkr14.17 Million |
Industry Comparison
This section compares Jaeren Sparebank's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $1,141,017,889
- Average return on equity (ROE) among peers: 8.23%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Jaeren Sparebank (JAREN) | Nkr2.70 Billion | 9.58% | 6.54x | $35.81 Million |
| Aasen Sparebank (AASB) | $407.05 Million | 8.69% | 7.90x | $15.86 Million |
| Aurskog Sparebank (AURG) | $1.51 Billion | 8.43% | 7.93x | $106.30 Million |
| Bien Sparebank ASA (BIEN) | $716.68 Million | 8.48% | 6.61x | $70.29 Million |
| Flekkefjord Sparebank (FFSB) | $1.03 Billion | 5.92% | 7.19x | $11.60 Million |
| Grong Sparebank (GRONG) | $477.28 Million | 8.11% | 10.46x | $55.44 Million |
| Helgeland Sparebank (HELG) | $3.29 Billion | 8.31% | 8.69x | $399.65 Million |
| Haugesund Sparebank (HGSB) | $1.55 Billion | 7.63% | 6.85x | $63.14 Million |
| Holand og Setskog Sparebank (HSPG) | $343.85 Million | 7.89% | 12.53x | $9.48 Million |
| Instabank ASA (INSTA) | $948.14 Million | 10.64% | 6.68x | $41.30 Million |