Melhus Sparebank
Melhus Sparebank, a savings bank, provides various banking products and services to businesses, agriculture customers, and private individuals in Norway. The company offers bank, Boligsparing for Ungdom, mutual fund, and retirement saving accounts. It also provides insurance services for electric scooter, boat, motorcycle, moped, jet ski, caravan, motorhome, ATV, tractor, snowmobile, trailer, and… Read more
Melhus Sparebank (MELG) - Net Assets
Latest net assets as of December 2025: Nkr1.70 Billion NOK
Based on the latest financial reports, Melhus Sparebank (MELG) has net assets worth Nkr1.70 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 (Nkr12.06 Billion) and total liabilities (Nkr10.35 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 | Nkr1.70 Billion |
| % of Total Assets | 14.13% |
| Annual Growth Rate | 10.77% |
| 5-Year Change | 41.59% |
| 10-Year Change | 106.41% |
| Growth Volatility | 10.51 |
Melhus Sparebank - Net Assets Trend (2000–2025)
This chart illustrates how Melhus 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 Melhus Sparebank (2000–2025)
The table below shows the annual net assets of Melhus Sparebank from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr1.70 Billion | +8.96% |
| 2024-12-31 | Nkr1.56 Billion | +5.75% |
| 2023-12-31 | Nkr1.48 Billion | +13.61% |
| 2022-12-31 | Nkr1.30 Billion | +8.16% |
| 2021-12-31 | Nkr1.20 Billion | +7.55% |
| 2020-12-31 | Nkr1.12 Billion | +1.46% |
| 2019-12-31 | Nkr1.10 Billion | +11.72% |
| 2018-12-31 | Nkr986.62 Million | +6.40% |
| 2017-12-31 | Nkr927.30 Million | +12.39% |
| 2016-12-31 | Nkr825.09 Million | +40.73% |
| 2015-12-31 | Nkr586.30 Million | +6.43% |
| 2014-12-31 | Nkr550.90 Million | +12.12% |
| 2013-12-31 | Nkr491.36 Million | +35.38% |
| 2012-12-31 | Nkr362.94 Million | +4.18% |
| 2011-12-31 | Nkr348.39 Million | +6.35% |
| 2010-12-31 | Nkr327.59 Million | +8.54% |
| 2009-12-31 | Nkr301.83 Million | +6.06% |
| 2008-12-31 | Nkr284.57 Million | +2.07% |
| 2007-12-31 | Nkr278.81 Million | +5.31% |
| 2006-12-31 | Nkr264.75 Million | +8.73% |
| 2005-12-31 | Nkr243.49 Million | +14.47% |
| 2004-12-31 | Nkr212.72 Million | +4.45% |
| 2003-12-31 | Nkr203.65 Million | +38.52% |
| 2002-12-31 | Nkr147.01 Million | +5.38% |
| 2001-12-31 | Nkr139.51 Million | +5.62% |
| 2000-12-31 | Nkr132.08 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Melhus 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 129232700000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr1.29 Billion | 75.88% |
| Common Stock | Nkr300.71 Million | 17.66% |
| Other Components | Nkr110.00 Million | 6.46% |
| Total Equity | Nkr1.70 Billion | 100.00% |
Melhus Sparebank Competitors by Market Cap
The table below lists competitors of Melhus Sparebank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
MedPeerInc
PINK:MDPEF
|
$48.50 Million |
|
Jyong Biotech Ltd. Ordinary Shares
NASDAQ:MENS
|
$48.51 Million |
|
MKH Bhd
KLSE:6114
|
$48.51 Million |
|
Imas Makina Sanayi AS
IS:IMASM
|
$48.54 Million |
|
Soken Chemical & Engineering Co. Ltd
MU:SOQ
|
$48.50 Million |
|
Rorze Systems Corporation
KQ:071280
|
$48.46 Million |
|
Blau Farmacêutica S.A
SA:BLAU3
|
$48.45 Million |
|
Zeotech Ltd
AU:ZEO
|
$48.41 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Melhus Sparebank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,562,947,000 to 1,703,036,000, a change of 140,089,000 (9.0%).
- Net income of 140,143,000 contributed positively to equity growth.
- Dividend payments of 37,479,000 reduced retained earnings.
- Other factors increased equity by 37,425,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr140.14 Million | +8.23% |
| Dividends Paid | Nkr37.48 Million | -2.2% |
| Other Changes | Nkr37.42 Million | +2.2% |
| Total Change | Nkr- | 8.96% |
Book Value vs Market Value Analysis
This analysis compares Melhus 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: 0.33x
- 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 1.57x to 0.33x 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 | Nkr128.53 | Nkr202.00 | x |
| 2009-12-31 | Nkr122.57 | Nkr202.00 | x |
| 2010-12-31 | Nkr394.67 | Nkr202.00 | x |
| 2011-12-31 | Nkr419.72 | Nkr202.00 | x |
| 2012-12-31 | Nkr437.26 | Nkr202.00 | x |
| 2013-12-31 | Nkr310.08 | Nkr202.00 | x |
| 2014-12-31 | Nkr347.65 | Nkr202.00 | x |
| 2015-12-31 | Nkr369.99 | Nkr202.00 | x |
| 2016-12-31 | Nkr349.32 | Nkr202.00 | x |
| 2017-12-31 | Nkr334.02 | Nkr202.00 | x |
| 2018-12-31 | Nkr355.38 | Nkr202.00 | x |
| 2019-12-31 | Nkr397.04 | Nkr202.00 | x |
| 2020-12-31 | Nkr402.82 | Nkr202.00 | x |
| 2021-12-31 | Nkr433.24 | Nkr202.00 | x |
| 2022-12-31 | Nkr468.61 | Nkr202.00 | x |
| 2023-12-31 | Nkr532.39 | Nkr202.00 | x |
| 2024-12-31 | Nkr563.02 | Nkr202.00 | x |
| 2025-12-31 | Nkr613.43 | Nkr202.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Melhus 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): 8.23%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 40.15%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 7.08x
- Recent ROE (8.23%) is below the historical average (8.82%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 3.17% | 4.18% | 0.06x | 12.26x | Nkr-19.04 Million |
| 2008 | 6.93% | 7.07% | 0.07x | 13.19x | Nkr-8.74 Million |
| 2009 | 8.31% | 11.80% | 0.05x | 13.52x | Nkr-5.11 Million |
| 2010 | 9.44% | 14.59% | 0.05x | 14.14x | Nkr-1.84 Million |
| 2011 | 8.63% | 12.46% | 0.05x | 14.96x | Nkr-4.76 Million |
| 2012 | 14.40% | 19.10% | 0.05x | 14.57x | Nkr15.95 Million |
| 2013 | 10.15% | 17.46% | 0.05x | 12.18x | Nkr742.80K |
| 2014 | 11.75% | 19.80% | 0.05x | 11.65x | Nkr9.65 Million |
| 2015 | 8.16% | 17.50% | 0.04x | 11.91x | Nkr-10.80 Million |
| 2016 | 10.30% | 27.78% | 0.04x | 10.04x | Nkr2.39 Million |
| 2017 | 8.54% | 26.23% | 0.04x | 8.85x | Nkr-13.58 Million |
| 2018 | 8.34% | 26.66% | 0.04x | 8.77x | Nkr-16.35 Million |
| 2019 | 8.85% | 27.78% | 0.04x | 8.16x | Nkr-12.64 Million |
| 2020 | 7.89% | 27.78% | 0.03x | 8.50x | Nkr-23.63 Million |
| 2021 | 8.75% | 35.54% | 0.03x | 8.50x | Nkr-15.04 Million |
| 2022 | 7.73% | 25.17% | 0.04x | 8.07x | Nkr-29.48 Million |
| 2023 | 9.16% | 20.58% | 0.06x | 7.50x | Nkr-12.45 Million |
| 2024 | 8.93% | 18.71% | 0.07x | 7.10x | Nkr-16.79 Million |
| 2025 | 8.23% | 40.15% | 0.03x | 7.08x | Nkr-30.16 Million |
Industry Comparison
This section compares Melhus Sparebank's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $1,308,028,100
- Average return on equity (ROE) among peers: 8.26%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Melhus Sparebank (MELG) | Nkr1.70 Billion | 3.17% | 6.08x | $48.50 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 |
| 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 |