Sogn Sparebank (SOGN) - Net Assets
Based on the latest financial reports, Sogn Sparebank (SOGN) has net assets worth Nkr1.26 Billion NOK (≈ $133.03 Million USD) as of September 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr8.29 Billion ≈ $872.63 Million USD) and total liabilities (Nkr7.03 Billion ≈ $739.60 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. Check Sogn Sparebank strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Nkr1.26 Billion |
| % of Total Assets | 15.25% |
| Annual Growth Rate | 12.33% |
| 5-Year Change | 26.74% |
| 10-Year Change | 287.83% |
| Growth Volatility | 28.55 |
Sogn Sparebank - Net Assets Trend (2008–2024)
This chart illustrates how Sogn Sparebank's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see Sogn Sparebank (SOGN) market capitalisation.
Annual Net Assets for Sogn Sparebank (2008–2024)
The table below shows the annual net assets of Sogn Sparebank from 2008 to 2024. Also explore SOGN net asset momentum to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr1.18 Billion ≈ $123.99 Million |
+7.77% |
| 2023-12-31 | Nkr1.09 Billion ≈ $115.05 Million |
+2.20% |
| 2022-12-31 | Nkr1.07 Billion ≈ $112.57 Million |
+9.07% |
| 2021-12-31 | Nkr980.79 Million ≈ $103.21 Million |
+5.49% |
| 2020-12-31 | Nkr929.71 Million ≈ $97.83 Million |
+2.63% |
| 2019-12-31 | Nkr905.89 Million ≈ $95.33 Million |
+124.17% |
| 2018-12-31 | Nkr404.12 Million ≈ $42.52 Million |
+7.50% |
| 2017-12-31 | Nkr375.92 Million ≈ $39.56 Million |
+17.66% |
| 2016-12-31 | Nkr319.49 Million ≈ $33.62 Million |
+5.16% |
| 2015-12-31 | Nkr303.81 Million ≈ $31.97 Million |
+8.49% |
| 2014-12-31 | Nkr280.05 Million ≈ $29.47 Million |
+9.70% |
| 2013-12-31 | Nkr255.27 Million ≈ $26.86 Million |
+10.00% |
| 2012-12-31 | Nkr232.08 Million ≈ $24.42 Million |
+7.42% |
| 2011-12-31 | Nkr216.05 Million ≈ $22.73 Million |
+11.67% |
| 2010-12-31 | Nkr193.48 Million ≈ $20.36 Million |
+4.47% |
| 2009-12-31 | Nkr185.20 Million ≈ $19.49 Million |
+1.06% |
| 2008-12-31 | Nkr183.25 Million ≈ $19.28 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Sogn 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 10375800000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr103.76 Million | 8.81% |
| Other Components | Nkr1.07 Billion | 91.19% |
| Total Equity | Nkr1.18 Billion | 100.00% |
Sogn Sparebank Competitors by Market Cap
The table below lists competitors of Sogn Sparebank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Quartz Mountain Resources Ltd
V:QZM
|
$20.90 Million |
|
Green Resources Public Company Limited
BK:GREEN
|
$20.91 Million |
|
Przedsiebiorstwo Przemyslu Spozywczego PEPEES S.A.
WAR:PPS
|
$20.91 Million |
|
NeuPath Health Inc
V:NPTH
|
$20.93 Million |
|
TPC Plus Bhd
KLSE:7176
|
$20.89 Million |
|
Lodzia
TA:LODZ
|
$20.88 Million |
|
Greenyield Bhd
KLSE:0136
|
$20.87 Million |
|
Retractable Technologies Inc
NYSE MKT:RVP
|
$20.86 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sogn Sparebank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,093,338,000 to 1,178,286,000, a change of 84,948,000 (7.8%).
- Net income of 103,758,000 contributed positively to equity growth.
- Dividend payments of 9,487,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr103.76 Million | +8.81% |
| Dividends Paid | Nkr9.49 Million | -0.81% |
| Other Changes | Nkr-9.32 Million | -0.79% |
| Total Change | Nkr- | 7.77% |
Book Value vs Market Value Analysis
This analysis compares Sogn 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: 0.17x
- 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 1.08x to 0.17x 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 | Nkr289.73 | Nkr313.95 | x |
| 2009-12-31 | Nkr292.80 | Nkr313.95 | x |
| 2010-12-31 | Nkr305.89 | Nkr313.95 | x |
| 2011-12-31 | Nkr341.59 | Nkr313.95 | x |
| 2012-12-31 | Nkr366.92 | Nkr313.95 | x |
| 2013-12-31 | Nkr403.59 | Nkr313.95 | x |
| 2014-12-31 | Nkr442.76 | Nkr313.95 | x |
| 2015-12-31 | Nkr480.34 | Nkr313.95 | x |
| 2016-12-31 | Nkr505.11 | Nkr313.95 | x |
| 2017-12-31 | Nkr588.85 | Nkr313.95 | x |
| 2018-12-31 | Nkr633.14 | Nkr313.95 | x |
| 2019-12-31 | Nkr1426.19 | Nkr313.95 | x |
| 2020-12-31 | Nkr1463.54 | Nkr313.95 | x |
| 2021-12-31 | Nkr1543.96 | Nkr313.95 | x |
| 2022-12-31 | Nkr1691.32 | Nkr313.95 | x |
| 2023-12-31 | Nkr1728.60 | Nkr313.95 | x |
| 2024-12-31 | Nkr1862.90 | Nkr313.95 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sogn 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): 8.81%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 42.07%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 6.98x
- Recent ROE (8.81%) is above the historical average (5.53%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | -1.53% | -4.82% | 0.02x | 17.07x | Nkr-21.13 Million |
| 2009 | 1.66% | 4.59% | 0.02x | 16.89x | Nkr-15.45 Million |
| 2010 | 5.26% | 17.28% | 0.02x | 16.41x | Nkr-9.16 Million |
| 2011 | 3.44% | 13.09% | 0.02x | 15.34x | Nkr-14.16 Million |
| 2012 | 13.47% | 36.64% | 0.03x | 14.37x | Nkr8.06 Million |
| 2013 | 6.12% | 18.88% | 0.02x | 13.58x | Nkr-9.91 Million |
| 2014 | 8.05% | 25.27% | 0.03x | 12.64x | Nkr-5.46 Million |
| 2015 | 5.79% | 22.98% | 0.02x | 10.86x | Nkr-12.78 Million |
| 2016 | 5.17% | 18.97% | 0.03x | 10.41x | Nkr-15.42 Million |
| 2017 | 6.69% | 26.14% | 0.03x | 9.43x | Nkr-12.32 Million |
| 2018 | 5.01% | 20.65% | 0.03x | 9.36x | Nkr-20.00 Million |
| 2019 | 3.16% | 18.09% | 0.02x | 7.41x | Nkr-61.66 Million |
| 2020 | 3.57% | 20.08% | 0.02x | 7.71x | Nkr-59.50 Million |
| 2021 | 5.32% | 31.60% | 0.02x | 7.42x | Nkr-45.69 Million |
| 2022 | 6.29% | 36.18% | 0.03x | 6.78x | Nkr-39.68 Million |
| 2023 | 7.79% | 36.74% | 0.03x | 7.10x | Nkr-24.16 Million |
| 2024 | 8.81% | 42.07% | 0.03x | 6.98x | Nkr-14.07 Million |
Industry Comparison
This section compares Sogn Sparebank's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $7,848,175,482
- Average return on equity (ROE) among peers: 8.82%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Sogn Sparebank (SOGN) | Nkr1.26 Billion | -1.53% | 5.56x | $20.90 Million |
| Aasen Sparebank (AASB) | $568.33 Million | 7.16% | 7.69x | $24.57 Million |
| Aurskog Sparebank (AURG) | $349.90 Million | 6.78% | 15.70x | $125.91 Million |
| Bien Sparebank ASA (BIEN) | $652.26 Million | 6.45% | 6.60x | $84.88 Million |
| DnB ASA (DNB) | $66.41 Billion | 17.56% | 18.88x | $47.23 Billion |
| Grong Sparebank (GRONG) | $1.28 Billion | 12.17% | 6.88x | $76.49 Million |
| Helgeland Sparebank (HELG) | $5.05 Billion | 9.70% | 6.30x | $488.42 Million |
| Holand og Setskog Sparebank (HSPG) | $716.06 Million | 7.41% | 9.15x | $8.77 Million |
| Instabank ASA (INSTA) | $483.73 Million | 5.39% | 6.06x | $230.55 Million |
| Jaeren Sparebank (JAREN) | $2.52 Billion | 9.51% | 5.92x | $175.45 Million |
| Kraft Bank Asa (KRAB) | $457.39 Million | 6.03% | 8.58x | $55.27 Million |
About Sogn Sparebank
Sogn Sparebank provides various banking products and services in Norway. The bank primarily serves small and medium-sized enterprises in Sogn and offers retail banking services nationwide, focusing on growth areas and larger cities, with Sogn as its priority market. Its offerings include deposit accounts, lending products, insurance solutions, and securities trading, delivered through both digita… Read more