Sparebank 1 Ringerike Hadeland
SpareBank 1 Ringerike Hadeland, a financial institution, provides various banking products and services to private and corporate customers in Norway. The company accepts various deposits, including savings, current, deposit, and currency accounts. It also provides housing, consumer, vehicle, transferring, business, vehicles, and construction loans, as well as mortgage and refinancing loans; finan… Read more
Sparebank 1 Ringerike Hadeland (RING) - Net Assets
Latest net assets as of December 2025: Nkr5.53 Billion NOK
Based on the latest financial reports, Sparebank 1 Ringerike Hadeland (RING) has net assets worth Nkr5.53 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 (Nkr32.74 Billion) and total liabilities (Nkr27.21 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 | Nkr5.53 Billion |
| % of Total Assets | 16.9% |
| Annual Growth Rate | 9.7% |
| 5-Year Change | 32.33% |
| 10-Year Change | 90.36% |
| Growth Volatility | 27.46 |
Sparebank 1 Ringerike Hadeland - Net Assets Trend (2000–2025)
This chart illustrates how Sparebank 1 Ringerike Hadeland's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sparebank 1 Ringerike Hadeland (2000–2025)
The table below shows the annual net assets of Sparebank 1 Ringerike Hadeland from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr5.53 Billion | +4.81% |
| 2024-12-31 | Nkr5.28 Billion | +11.09% |
| 2023-12-31 | Nkr4.75 Billion | +9.95% |
| 2022-12-31 | Nkr4.32 Billion | +3.37% |
| 2021-12-31 | Nkr4.18 Billion | +6.25% |
| 2020-12-31 | Nkr3.94 Billion | +3.98% |
| 2019-12-31 | Nkr3.79 Billion | +6.90% |
| 2018-12-31 | Nkr3.54 Billion | +5.19% |
| 2017-12-31 | Nkr3.37 Billion | +15.80% |
| 2016-12-31 | Nkr2.91 Billion | +7.61% |
| 2015-12-31 | Nkr2.70 Billion | +5.59% |
| 2014-12-31 | Nkr2.56 Billion | +4.25% |
| 2013-12-31 | Nkr2.45 Billion | +6.02% |
| 2012-12-31 | Nkr2.31 Billion | +2.73% |
| 2011-12-31 | Nkr2.25 Billion | +0.57% |
| 2010-12-31 | Nkr2.24 Billion | +145.38% |
| 2009-12-31 | Nkr913.03 Million | +6.09% |
| 2008-12-31 | Nkr860.61 Million | +1.61% |
| 2007-12-31 | Nkr846.99 Million | +5.48% |
| 2006-12-31 | Nkr803.01 Million | +8.55% |
| 2005-12-31 | Nkr739.79 Million | +8.95% |
| 2004-12-31 | Nkr679.00 Million | +6.04% |
| 2003-12-31 | Nkr640.34 Million | +5.47% |
| 2002-12-31 | Nkr607.16 Million | +4.75% |
| 2001-12-31 | Nkr579.64 Million | +6.10% |
| 2000-12-31 | Nkr546.31 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sparebank 1 Ringerike Hadeland'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 499.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr2.91 Billion | 52.62% |
| Common Stock | Nkr1.56 Billion | 28.28% |
| Other Components | Nkr1.06 Billion | 19.10% |
| Total Equity | Nkr5.53 Billion | 100.00% |
Sparebank 1 Ringerike Hadeland Competitors by Market Cap
The table below lists competitors of Sparebank 1 Ringerike Hadeland ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gemtek Technology Co Ltd
TW:4906
|
$316.55 Million |
|
Shanghai Information2 Software Inc. A
SHG:688435
|
$316.59 Million |
|
Group Up Industrial Co Ltd
TWO:6664
|
$316.65 Million |
|
Keystone Microtech Corp
TWO:6683
|
$316.72 Million |
|
GuangDong Rifeng Electric Cable Co Ltd
SHE:002953
|
$316.28 Million |
|
Diversified Royalty Corp
PINK:BEVFF
|
$316.11 Million |
|
Northwest Biotherapeutics Inc
OTCQB:NWBO
|
$316.05 Million |
|
Hidili Industry International Development Limited
PINK:HIIDQ
|
$316.04 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sparebank 1 Ringerike Hadeland's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,280,000,000 to 5,534,000,000, a change of 254,000,000 (4.8%).
- Net income of 734,000,000 contributed positively to equity growth.
- Dividend payments of 482,000,000 reduced retained earnings.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr734.00 Million | +13.26% |
| Dividends Paid | Nkr482.00 Million | -8.71% |
| Other Changes | Nkr2.00 Million | +0.04% |
| Total Change | Nkr- | 4.81% |
Book Value vs Market Value Analysis
This analysis compares Sparebank 1 Ringerike Hadeland'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: 1.37x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 1.66x to 1.37x 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 | Nkr290.34 | Nkr483.00 | x |
| 2009-12-31 | Nkr1818.24 | Nkr483.00 | x |
| 2010-12-31 | Nkr159.76 | Nkr483.00 | x |
| 2011-12-31 | Nkr152.43 | Nkr483.00 | x |
| 2012-12-31 | Nkr160.36 | Nkr483.00 | x |
| 2013-12-31 | Nkr170.06 | Nkr483.00 | x |
| 2014-12-31 | Nkr177.32 | Nkr483.00 | x |
| 2015-12-31 | Nkr187.22 | Nkr483.00 | x |
| 2016-12-31 | Nkr201.34 | Nkr483.00 | x |
| 2017-12-31 | Nkr209.09 | Nkr483.00 | x |
| 2018-12-31 | Nkr219.96 | Nkr483.00 | x |
| 2019-12-31 | Nkr235.39 | Nkr483.00 | x |
| 2020-12-31 | Nkr244.47 | Nkr483.00 | x |
| 2021-12-31 | Nkr259.76 | Nkr483.00 | x |
| 2022-12-31 | Nkr276.22 | Nkr483.00 | x |
| 2023-12-31 | Nkr303.70 | Nkr483.00 | x |
| 2024-12-31 | Nkr337.37 | Nkr483.00 | x |
| 2025-12-31 | Nkr353.60 | Nkr483.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sparebank 1 Ringerike Hadeland 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): 13.26%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 53.69%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 5.92x
- Recent ROE (13.26%) is above the historical average (10.00%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2007 | 7.32% | 17.14% | 0.06x | 7.70x | Nkr-22.72 Million |
| 2008 | 5.77% | 29.70% | 0.02x | 8.29x | Nkr-36.39 Million |
| 2009 | 8.15% | 36.67% | 0.03x | 7.83x | Nkr-16.88 Million |
| 2010 | 17.46% | 60.18% | 0.04x | 6.97x | Nkr166.83 Million |
| 2011 | 7.00% | 34.06% | 0.03x | 7.08x | Nkr-67.60 Million |
| 2012 | 7.47% | 36.85% | 0.03x | 7.36x | Nkr-58.47 Million |
| 2013 | 9.49% | 43.31% | 0.03x | 7.36x | Nkr-12.47 Million |
| 2014 | 11.24% | 49.72% | 0.03x | 7.51x | Nkr31.59 Million |
| 2015 | 8.30% | 38.92% | 0.03x | 7.32x | Nkr-45.95 Million |
| 2016 | 11.13% | 46.23% | 0.03x | 7.46x | Nkr32.85 Million |
| 2017 | 9.81% | 47.70% | 0.03x | 6.59x | Nkr-6.42 Million |
| 2018 | 9.59% | 45.67% | 0.03x | 6.73x | Nkr-14.42 Million |
| 2019 | 11.24% | 54.59% | 0.03x | 6.62x | Nkr46.80 Million |
| 2020 | 9.31% | 48.78% | 0.03x | 6.92x | Nkr-27.00 Million |
| 2021 | 10.66% | 53.61% | 0.03x | 6.69x | Nkr27.40 Million |
| 2022 | 9.73% | 45.62% | 0.03x | 6.85x | Nkr-11.70 Million |
| 2023 | 9.71% | 42.55% | 0.04x | 6.37x | Nkr-13.70 Million |
| 2024 | 13.34% | 54.43% | 0.04x | 5.97x | Nkr176.60 Million |
| 2025 | 13.26% | 53.69% | 0.04x | 5.92x | Nkr180.60 Million |
Industry Comparison
This section compares Sparebank 1 Ringerike Hadeland'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 |
|---|---|---|---|---|
| Sparebank 1 Ringerike Hadeland (RING) | Nkr5.53 Billion | 7.32% | 4.92x | $316.55 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 |