Sparebanken Sor Net Assets

Latest as of December 2024: Nkr18.04 Billion NOK ≈ $1.90 Billion USD

Sparebanken Sor net assets. Based on the latest financial reports, Sparebanken Sor (SOR) has net assets worth Nkr18.04 Billion NOK (≈ $1.90 Billion USD) as of December 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Nkr176.51 Billion ≈ $18.57 Billion USD) and total liabilities (Nkr158.47 Billion ≈ $16.68 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 SOR net asset momentum to track the company's year-over-year net asset growth rate.

Key Net Assets Metrics

Metric	Value
Current Net Assets	Nkr18.04 Billion
% of Total Assets	10.22%
Annual Growth Rate	14.51%
5-Year Change	31.19%
10-Year Change	132.7%
Growth Volatility	28.83

Net Assets of Sparebanken Sor (2007–2024)

Net assets of Sparebanken Sor from 2007 to 2024. This chart illustrates how Sparebanken Sor's net assets have evolved over time, based on quarterly financial data. See Sparebanken Sor (SOR) net asset quality to measure how much of total assets are equity-financed.

Annual Net Assets for Sparebanken Sor (2007–2024)

The table below shows the annual net assets of Sparebanken Sor from 2007 to 2024. For live market cap and overall valuation, see Sparebanken Sor stock valuation.

Year	Net Assets	Change
2024-12-31	Nkr18.04 Billion ≈ $1.90 Billion	+7.69%
2023-12-31	Nkr16.75 Billion ≈ $1.76 Billion	+6.20%
2022-12-31	Nkr15.78 Billion ≈ $1.66 Billion	+5.57%
2021-12-31	Nkr14.94 Billion ≈ $1.57 Billion	+8.65%
2020-12-31	Nkr13.75 Billion ≈ $1.45 Billion	+5.13%
2019-12-31	Nkr13.08 Billion ≈ $1.38 Billion	+10.43%
2018-12-31	Nkr11.85 Billion ≈ $1.25 Billion	+6.63%
2017-12-31	Nkr11.11 Billion ≈ $1.17 Billion	+10.52%
2016-12-31	Nkr10.05 Billion ≈ $1.06 Billion	+29.64%
2015-12-31	Nkr7.75 Billion ≈ $815.84 Million	+8.33%
2014-12-31	Nkr7.16 Billion ≈ $753.12 Million	+130.13%
2013-12-31	Nkr3.11 Billion ≈ $327.26 Million	+9.05%
2012-12-31	Nkr2.85 Billion ≈ $300.11 Million	+10.76%
2011-12-31	Nkr2.58 Billion ≈ $270.96 Million	+7.43%
2010-12-31	Nkr2.40 Billion ≈ $252.23 Million	+11.23%
2009-12-31	Nkr2.15 Billion ≈ $226.77 Million	+12.71%
2008-12-31	Nkr1.91 Billion ≈ $201.20 Million	+6.16%
2007-12-31	Nkr1.80 Billion ≈ $189.52 Million	--

Equity Component Analysis

This analysis shows how different components contribute to Sparebanken Sor'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 100.0% over the analyzed period, potentially due to dividend distributions or operating losses.

Sparebanken Sor Net Assets Breakdown (December 2024)

Sparebanken Sor net assets breakdown by equity component as of December 2024.

Component	Amount	Percentage
Other Components	Nkr18.03 Billion	100.00%
Total Equity	Nkr18.03 Billion	100.00%

Sparebanken Sor Competitors by Market Cap

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

Company	Market Cap
Cikarang Listrindo Tbk PT JK:POWR	$890.47 Million
Droneshield Ltd AU:DRO	$890.70 Million
Intelbras S.A. - Indústria de Telecomunicação Eletrônica Brasileira SA:INTB3	$890.84 Million
Irish Continental Group PLC IR:IR5B	$890.98 Million
LIVZON PHARMAC. GRP H YC1 F:LP6	$890.29 Million
Jastrzebska Spotka Weglowa SA WAR:JSW	$890.23 Million
Insigma SHG:600797	$890.13 Million
Hefei Urban Construction Development Co Ltd SHE:002208	$889.83 Million

Equity Growth Attribution

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

Equity Growth Insights

From 2023 to 2024, total equity changed from 16,750,000,000 to 18,034,000,000, a change of 1,284,000,000 (7.7%).
Net income of 1,988,000,000 contributed positively to equity growth.
New share issuances of 16,000,000 increased equity.
Other factors decreased equity by 720,000,000.

Equity Change Factors (2023 to 2024)

Factor	Impact	Contribution
Net Income	Nkr1.99 Billion	+11.02%
Share Issuances	Nkr16.00 Million	+0.09%
Other Changes	Nkr-720.00 Million	-3.99%
Total Change	Nkr-	7.67%

Book Value vs Market Value Analysis

This analysis compares Sparebanken Sor'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: 0.47x
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 2.33x to 0.47x 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	Nkr87.01	Nkr203.00	x
2009-12-31	Nkr1008.36	Nkr203.00	x
2010-12-31	Nkr1121.59	Nkr203.00	x
2011-12-31	Nkr1204.88	Nkr203.00	x
2012-12-31	Nkr1334.49	Nkr203.00	x
2013-12-31	Nkr1455.21	Nkr203.00	x
2014-12-31	Nkr883.68	Nkr203.00	x
2015-12-31	Nkr957.03	Nkr203.00	x
2016-12-31	Nkr641.68	Nkr203.00	x
2017-12-31	Nkr709.25	Nkr203.00	x
2018-12-31	Nkr756.38	Nkr203.00	x
2019-12-31	Nkr835.04	Nkr203.00	x
2020-12-31	Nkr877.68	Nkr203.00	x
2021-12-31	Nkr138.95	Nkr203.00	x
2022-12-31	Nkr378.52	Nkr203.00	x
2023-12-31	Nkr402.93	Nkr203.00	x
2024-12-31	Nkr432.63	Nkr203.00	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Sparebanken Sor 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): 11.02%
The company shows good efficiency in utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 52.52%
• Asset Turnover: 0.02x
• Equity Multiplier: 9.79x
Recent ROE (11.02%) is above the historical average (9.37%), indicating improving capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2008	7.64%	31.88%	0.02x	15.95x	Nkr-45.20 Million
2009	12.06%	43.55%	0.02x	16.33x	Nkr44.50 Million
2010	10.68%	44.60%	0.02x	15.39x	Nkr16.30 Million
2011	7.57%	36.38%	0.01x	15.73x	Nkr-62.50 Million
2012	10.17%	43.15%	0.02x	15.47x	Nkr4.80 Million
2013	9.71%	42.48%	0.02x	14.71x	Nkr-9.00 Million
2014	12.37%	44.18%	0.02x	13.14x	Nkr169.30 Million
2015	8.02%	35.16%	0.02x	13.07x	Nkr-153.10 Million
2016	9.83%	46.82%	0.02x	10.50x	Nkr-16.80 Million
2017	8.85%	46.88%	0.02x	10.29x	Nkr-127.60 Million
2018	7.92%	45.53%	0.02x	10.23x	Nkr-246.40 Million
2019	8.60%	48.81%	0.02x	9.90x	Nkr-183.00 Million
2020	7.96%	47.42%	0.02x	10.34x	Nkr-280.80 Million
2021	8.19%	51.54%	0.02x	9.65x	Nkr-270.50 Million
2022	8.13%	47.13%	0.02x	9.98x	Nkr-295.50 Million
2023	10.58%	51.01%	0.02x	9.40x	Nkr97.00 Million
2024	11.02%	52.52%	0.02x	9.79x	Nkr184.60 Million

Industry Comparison

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

Industry Context

Industry: Banks - Regional
Average net assets among peers: $25,257,274,300
Average return on equity (ROE) among peers: 8.79%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sparebanken Sor (SOR)	Nkr18.04 Billion	7.64%	8.78x	$890.43 Million
Aasen Sparebank (AASB)	$568.33 Million	7.16%	7.69x	$25.12 Million
Aurskog Sparebank (AURG)	$709.08 Million	9.10%	10.05x	$129.37 Million
Bien Sparebank ASA (BIEN)	$770.79 Million	8.46%	6.96x	$88.46 Million
DnB ASA (DNB)	$243.91 Billion	10.38%	10.97x	$48.19 Billion
Grong Sparebank (GRONG)	$1.50 Billion	13.05%	6.57x	$70.09 Million
Helgeland Sparebank (HELG)	$1.22 Billion	2.82%	9.39x	$482.35 Million
Holand og Setskog Sparebank (HSPG)	$614.65 Million	8.53%	8.43x	$9.41 Million
Instabank ASA (INSTA)	$948.14 Million	10.64%	6.68x	$230.08 Million
Jaeren Sparebank (JAREN)	$1.89 Billion	8.15%	6.69x	$168.20 Million
Kraft Bank Asa (KRAB)	$442.43 Million	9.57%	7.54x	$52.48 Million

About Sparebanken Sor

OL:SOR Norway Banks - Regional

Market Cap

$890.43 Million

Nkr8.46 Billion NOK

Market Cap Rank

#9023 Global

#69 in Norway

Share Price

Nkr203.00

Change (1 day)

+0.00%

52-Week Range

Nkr203.00 - Nkr203.00

All Time High

Nkr214.20