Sparebanken Møre Net Assets

Latest as of June 2026: Nkr9.12 Billion NOK ≈ $960.00 Million USD

Sparebanken Møre net assets. Based on the latest financial reports, Sparebanken Møre (MORG) has net assets worth Nkr9.12 Billion NOK (≈ $960.00 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 (Nkr112.62 Billion ≈ $11.85 Billion USD) and total liabilities (Nkr103.49 Billion ≈ $10.89 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 Sparebanken Møre (MORG) equity growth momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Nkr9.12 Billion
% of Total Assets	8.1%
Annual Growth Rate	7.84%
5-Year Change	23.83%
10-Year Change	72.28%
Growth Volatility	3.68

Net Assets of Sparebanken Møre (2005–2025)

Net assets of Sparebanken Møre from 2005 to 2025. This chart illustrates how Sparebanken Møre's net assets have evolved over time, based on quarterly financial data. See Sparebanken Møre balance sheet quality to measure how much of total assets are equity-financed.

Annual Net Assets for Sparebanken Møre (2005–2025)

The table below shows the annual net assets of Sparebanken Møre from 2005 to 2025. For live market cap and overall valuation, see MORG stock market capitalisation.

Year	Net Assets	Change
2025-12-31	Nkr9.37 Billion ≈ $986.41 Million	+3.86%
2024-12-31	Nkr9.03 Billion ≈ $949.80 Million	+3.99%
2023-12-31	Nkr8.68 Billion ≈ $913.39 Million	+7.13%
2022-12-31	Nkr8.10 Billion ≈ $852.56 Million	+7.03%
2021-12-31	Nkr7.57 Billion ≈ $796.58 Million	+5.02%
2020-12-31	Nkr7.21 Billion ≈ $758.49 Million	+3.41%
2019-12-31	Nkr6.97 Billion ≈ $733.44 Million	+9.01%
2018-12-31	Nkr6.39 Billion ≈ $672.83 Million	+5.20%
2017-12-31	Nkr6.08 Billion ≈ $639.58 Million	+11.71%
2016-12-31	Nkr5.44 Billion ≈ $572.55 Million	+6.44%
2015-12-31	Nkr5.11 Billion ≈ $537.93 Million	+5.53%
2014-12-31	Nkr4.84 Billion ≈ $509.73 Million	+7.86%
2013-12-31	Nkr4.49 Billion ≈ $472.58 Million	+19.41%
2012-12-31	Nkr3.76 Billion ≈ $395.77 Million	+10.07%
2011-12-31	Nkr3.42 Billion ≈ $359.57 Million	+5.04%
2010-12-31	Nkr3.25 Billion ≈ $342.31 Million	+10.57%
2009-12-31	Nkr2.94 Billion ≈ $309.58 Million	+12.08%
2008-12-31	Nkr2.62 Billion ≈ $276.23 Million	+9.24%
2007-12-31	Nkr2.40 Billion ≈ $252.86 Million	+9.63%
2006-12-31	Nkr2.19 Billion ≈ $230.66 Million	+5.84%
2005-12-31	Nkr2.07 Billion ≈ $217.93 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Sparebanken Møre'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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Sparebanken Møre Net Assets Breakdown (December 2025)

Sparebanken Møre net assets breakdown by equity component as of December 2025.

Component	Amount	Percentage
Other Components	Nkr9.37 Billion	100.00%
Total Equity	Nkr9.37 Billion	100.00%

Sparebanken Møre Competitors by Market Cap

The table below lists competitors of Sparebanken Møre ranked by their market capitalization.

Company	Market Cap
Hebei Jianxin Chemical Co Ltd SHE:300107	$569.06 Million
Shanghai Yimin Commerce Group Co Ltd SHG:600824	$569.14 Million
Vulcan Steel Ltd AU:VSL	$569.20 Million
Telefonica Chile S.A. SN:CTC	$569.30 Million
Allied Electronics Corporation Ltd JSE:AEL	$568.23 Million
Xiamen Anne Corp Ltd SHE:002235	$568.22 Million
PT Bukalapak.com JK:BUKA	$568.15 Million
Sinosteel Luonai Materials Technology Co. Ltd. A SHG:688119	$567.95 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Sparebanken Møre's equity between the two most recent reporting periods.

Equity Growth Insights

From 2024 to 2025, total equity changed from 9,026,000,000 to 9,374,000,000, a change of 348,000,000 (3.9%).
Net income of 1,030,000,000 contributed positively to equity growth.
Dividend payments of 621,000,000 reduced retained earnings.
New share issuances of 10,000,000 increased equity.

Equity Change Factors (2024 to 2025)

Factor	Impact	Contribution
Net Income	Nkr1.03 Billion	+10.99%
Dividends Paid	Nkr621.00 Million	-6.62%
Share Issuances	Nkr10.00 Million	+0.11%
Other Changes	Nkr-71.00 Million	-0.76%
Total Change	Nkr-	3.86%

Book Value vs Market Value Analysis

This analysis compares Sparebanken Møre'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: 0.58x
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 0.58x over the analyzed period, indicating reduced market premium.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2005-12-31	Nkr37.14	Nkr109.04	x
2006-12-31	Nkr79.33	Nkr109.04	x
2007-12-31	Nkr86.97	Nkr109.04	x
2008-12-31	Nkr88.25	Nkr109.04	x
2009-12-31	Nkr44.55	Nkr109.04	x
2010-12-31	Nkr82.97	Nkr109.04	x
2011-12-31	Nkr87.16	Nkr109.04	x
2012-12-31	Nkr95.93	Nkr109.04	x
2013-12-31	Nkr90.85	Nkr109.04	x
2014-12-31	Nkr97.99	Nkr109.04	x
2015-12-31	Nkr104.73	Nkr109.04	x
2016-12-31	Nkr111.20	Nkr109.04	x
2017-12-31	Nkr123.56	Nkr109.04	x
2018-12-31	Nkr129.93	Nkr109.04	x
2019-12-31	Nkr141.64	Nkr109.04	x
2020-12-31	Nkr146.14	Nkr109.04	x
2021-12-31	Nkr153.47	Nkr109.04	x
2022-12-31	Nkr164.39	Nkr109.04	x
2023-12-31	Nkr176.25	Nkr109.04	x
2024-12-31	Nkr182.21	Nkr109.04	x
2025-12-31	Nkr189.13	Nkr109.04	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sparebanken Møre 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): 10.99%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 43.10%
• Asset Turnover: 0.02x
• Equity Multiplier: 11.67x
Recent ROE (10.99%) is below the historical average (11.22%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2005	12.75%	33.21%	0.03x	12.97x	Nkr56.90 Million
2006	12.41%	33.75%	0.03x	14.49x	Nkr52.80 Million
2007	13.86%	36.24%	0.03x	14.82x	Nkr92.70 Million
2008	12.88%	33.27%	0.02x	15.54x	Nkr75.50 Million
2009	11.39%	31.66%	0.03x	14.07x	Nkr40.80 Million
2010	14.08%	39.28%	0.03x	13.66x	Nkr132.70 Million
2011	11.03%	33.57%	0.02x	14.17x	Nkr35.30 Million
2012	14.09%	43.84%	0.02x	13.73x	Nkr153.90 Million
2013	10.02%	36.17%	0.02x	12.16x	Nkr900.00K
2014	12.86%	44.34%	0.02x	11.62x	Nkr138.60 Million
2015	9.84%	38.63%	0.02x	11.76x	Nkr-8.20 Million
2016	10.55%	42.11%	0.02x	11.32x	Nkr29.90 Million
2017	9.16%	41.60%	0.02x	10.94x	Nkr-50.80 Million
2018	9.46%	42.40%	0.02x	11.12x	Nkr-34.40 Million
2019	10.20%	44.24%	0.02x	10.74x	Nkr14.00 Million
2020	7.87%	37.43%	0.02x	11.03x	Nkr-153.80 Million
2021	8.48%	42.04%	0.02x	10.94x	Nkr-115.00 Million
2022	9.59%	44.25%	0.02x	11.05x	Nkr-33.20 Million
2023	12.15%	48.06%	0.02x	11.14x	Nkr187.00 Million
2024	12.03%	45.23%	0.02x	11.34x	Nkr183.40 Million
2025	10.99%	43.10%	0.02x	11.67x	Nkr92.60 Million

Industry Comparison

This section compares Sparebanken Møre's net assets metrics with peer companies in the Banks - Regional industry.

Industry Context

Industry: Banks - Regional
Average net assets among peers: $3,761,241,116
Average return on equity (ROE) among peers: 9.24%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sparebanken Møre (MORG)	Nkr9.12 Billion	12.75%	11.34x	$568.88 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
Grong Sparebank (GRONG)	$580.78 Million	7.93%	9.14x	$70.64 Million
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 Sparebanken Møre

OL:MORG Norway Banks - Regional

Market Cap

$568.88 Million

Nkr5.41 Billion NOK

Market Cap Rank

#11214 Global

#90 in Norway

Share Price

Nkr109.04

Change (1 day)

+1.70%

52-Week Range

Nkr98.80 - Nkr123.34

All Time High

Nkr123.34