Nidaros Sparebank Net Assets
Nidaros Sparebank net assets. Based on the latest financial reports, Nidaros Sparebank (NISB) has net assets worth Nkr635.90 Million NOK (≈ $66.91 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 (Nkr6.21 Billion ≈ $653.31 Million USD) and total liabilities (Nkr5.57 Billion ≈ $586.39 Million 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 Nidaros Sparebank (NISB) net asset momentum to track the company's year-over-year net asset growth rate.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr635.90 Million |
| % of Total Assets | 10.24% |
| Annual Growth Rate | 9.58% |
| 5-Year Change | 19.11% |
| 10-Year Change | N/A |
| Growth Volatility | 7.6 |
Net Assets of Nidaros Sparebank (2016–2025)
Net assets of Nidaros Sparebank from 2016 to 2025. This chart illustrates how Nidaros Sparebank's net assets have evolved over time, based on quarterly financial data. See NISB equity financing ratio to measure how much of total assets are equity-financed.
Annual Net Assets for Nidaros Sparebank (2016–2025)
The table below shows the annual net assets of Nidaros Sparebank from 2016 to 2025. For live market cap and overall valuation, see NISB market cap.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr634.95 Million ≈ $66.81 Million |
+4.39% |
| 2024-12-31 | Nkr608.26 Million ≈ $64.01 Million |
+7.58% |
| 2023-12-31 | Nkr565.42 Million ≈ $59.50 Million |
+2.60% |
| 2022-12-31 | Nkr551.11 Million ≈ $57.99 Million |
+3.39% |
| 2021-12-31 | Nkr533.07 Million ≈ $56.09 Million |
+4.01% |
| 2020-12-31 | Nkr512.50 Million ≈ $53.93 Million |
+21.52% |
| 2019-12-31 | Nkr421.75 Million ≈ $44.38 Million |
+19.26% |
| 2018-12-31 | Nkr353.65 Million ≈ $37.21 Million |
+5.40% |
| 2017-12-31 | Nkr335.53 Million ≈ $35.31 Million |
+20.40% |
| 2016-12-31 | Nkr278.67 Million ≈ $29.32 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Nidaros 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 45600200000.0% over the analyzed period, indicating profitable operations and earnings retention.
Nidaros Sparebank Net Assets Breakdown (December 2025)
Nidaros Sparebank net assets breakdown by equity component as of December 2025.
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr456.00 Million | 71.82% |
| Common Stock | Nkr112.86 Million | 17.77% |
| Other Components | Nkr66.09 Million | 10.41% |
| Total Equity | Nkr634.95 Million | 100.00% |
Nidaros Sparebank Competitors by Market Cap
The table below lists competitors of Nidaros Sparebank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Coral India Finance & Housing Limited
NSE:CORALFINAC
|
$12.13 Million |
|
OpTeam S.A.
WAR:OPM
|
$12.13 Million |
|
Acrinova AB
ST:ACRI-A
|
$12.14 Million |
|
BTC Health Ltd
AU:BTC
|
$12.14 Million |
|
Jeju Beer Co. Ltd.
KQ:276730
|
$12.10 Million |
|
Medience Co. LTD
KQ:014100
|
$12.10 Million |
|
BALAXI PHARMACEUTICALS LIMITED
NSE:BALAXI
|
$12.10 Million |
|
ERSU Meyve ve Gida Sanayi AS
IS:ERSU
|
$12.09 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Nidaros Sparebank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 608,256,000 to 634,947,000, a change of 26,691,000 (4.4%).
- Net income of 43,458,000 contributed positively to equity growth.
- Dividend payments of 6,625,000 reduced retained earnings.
- Other factors decreased equity by 10,142,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr43.46 Million | +6.84% |
| Dividends Paid | Nkr6.62 Million | -1.04% |
| Other Changes | Nkr-10.14 Million | -1.6% |
| Total Change | Nkr- | 4.39% |
Book Value vs Market Value Analysis
This analysis compares Nidaros 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: 0.18x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Nkr928.90 | Nkr102.02 | x |
| 2017-12-31 | Nkr479.32 | Nkr102.02 | x |
| 2018-12-31 | Nkr313.65 | Nkr102.02 | x |
| 2019-12-31 | Nkr373.71 | Nkr102.02 | x |
| 2020-12-31 | Nkr454.59 | Nkr102.02 | x |
| 2021-12-31 | Nkr472.67 | Nkr102.02 | x |
| 2022-12-31 | Nkr488.33 | Nkr102.02 | x |
| 2023-12-31 | Nkr501.01 | Nkr102.02 | x |
| 2024-12-31 | Nkr538.96 | Nkr102.02 | x |
| 2025-12-31 | Nkr562.61 | Nkr102.02 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Nidaros 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): 6.84%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 30.90%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 8.40x
- Recent ROE (6.84%) is above the historical average (6.26%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 5.70% | 0.00% | 0.00x | 10.51x | Nkr-12.00 Million |
| 2017 | 6.06% | 0.00% | 0.00x | 9.75x | Nkr-13.20 Million |
| 2018 | 6.69% | 27.71% | 0.02x | 10.31x | Nkr-11.69 Million |
| 2019 | 7.33% | 30.86% | 0.03x | 9.34x | Nkr-11.24 Million |
| 2020 | 7.74% | 41.84% | 0.02x | 8.12x | Nkr-11.61 Million |
| 2021 | 5.61% | 31.49% | 0.02x | 8.07x | Nkr-23.40 Million |
| 2022 | 4.92% | 26.59% | 0.02x | 7.93x | Nkr-27.98 Million |
| 2023 | 5.90% | 25.88% | 0.03x | 8.04x | Nkr-23.16 Million |
| 2024 | 5.75% | 25.31% | 0.03x | 7.82x | Nkr-25.83 Million |
| 2025 | 6.84% | 30.90% | 0.03x | 8.40x | Nkr-20.04 Million |
Industry Comparison
This section compares Nidaros Sparebank'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 |
|---|---|---|---|---|
| Nidaros Sparebank (NISB) | Nkr635.90 Million | 5.70% | 8.76x | $12.12 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 Nidaros Sparebank
Nidaros Sparebank, a savings bank, provides banking services for private and corporate customers in Norway. It provides banking services, such as online and mobile banking, bank and credit cards, accounts, payment, BankID, and legal services; loan products that include mortgage, mortgages for young people, green mortgage, boat loan, car and other vehicles, and consumer loans and refinancing; and … Read more