Sparebanken Ost
Sparebanken Øst operates as a savings bank in Eastern Norway. The company offers savings accounts, retirement savings, guardianship accounts, and deposit accounts; car loans, home and green mortgage loans, and framework loans, as well as refinancing services; and mortgage loans for new and used cars. It also provides vehicles, houses and contents, boats, leisure, life and health, child, travel, a… Read more
Sparebanken Ost (SPOG) - Net Assets
Latest net assets as of December 2025: Nkr5.04 Billion NOK
Based on the latest financial reports, Sparebanken Ost (SPOG) has net assets worth Nkr5.04 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 (Nkr45.82 Billion) and total liabilities (Nkr40.78 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 | Nkr5.04 Billion |
| % of Total Assets | 11.0% |
| Annual Growth Rate | 7.34% |
| 5-Year Change | 7.43% |
| 10-Year Change | 58.76% |
| Growth Volatility | 11.25 |
Sparebanken Ost - Net Assets Trend (2000–2025)
This chart illustrates how Sparebanken Ost's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Sparebanken Ost (2000–2025)
The table below shows the annual net assets of Sparebanken Ost from 2000 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr5.04 Billion | +0.40% |
| 2024-12-31 | Nkr5.02 Billion | +2.21% |
| 2023-12-31 | Nkr4.91 Billion | +2.53% |
| 2022-12-31 | Nkr4.79 Billion | +2.11% |
| 2021-12-31 | Nkr4.69 Billion | +5.66% |
| 2020-12-31 | Nkr4.44 Billion | +7.25% |
| 2019-12-31 | Nkr4.14 Billion | +5.00% |
| 2018-12-31 | Nkr3.94 Billion | +16.54% |
| 2017-12-31 | Nkr3.38 Billion | +6.56% |
| 2016-12-31 | Nkr3.18 Billion | +7.62% |
| 2015-12-31 | Nkr2.95 Billion | +6.70% |
| 2014-12-31 | Nkr2.77 Billion | +9.41% |
| 2013-12-31 | Nkr2.53 Billion | +18.75% |
| 2012-12-31 | Nkr2.13 Billion | +11.58% |
| 2011-12-31 | Nkr1.91 Billion | +2.23% |
| 2010-12-31 | Nkr1.87 Billion | +17.75% |
| 2009-12-31 | Nkr1.58 Billion | +42.33% |
| 2008-12-31 | Nkr1.11 Billion | -27.98% |
| 2007-12-31 | Nkr1.55 Billion | +8.28% |
| 2006-12-31 | Nkr1.43 Billion | +6.23% |
| 2005-12-31 | Nkr1.34 Billion | +18.34% |
| 2004-12-31 | Nkr1.14 Billion | +13.05% |
| 2003-12-31 | Nkr1.00 Billion | +8.60% |
| 2002-12-31 | Nkr925.03 Million | +1.24% |
| 2001-12-31 | Nkr913.69 Million | +6.39% |
| 2000-12-31 | Nkr858.82 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Sparebanken Ost'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 902.1% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Nkr4.10 Billion | 81.23% |
| Common Stock | Nkr595.10 Million | 11.80% |
| Other Components | Nkr351.20 Million | 6.97% |
| Total Equity | Nkr5.04 Billion | 100.00% |
Sparebanken Ost Competitors by Market Cap
The table below lists competitors of Sparebanken Ost ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
BayWa AktienGesellschaft Vink.N
F:BYW6
|
$93.47 Million |
|
RS Automation Co.Ltd
KQ:140670
|
$93.52 Million |
|
Claritev Corporation
NYSE:CTEV
|
$93.54 Million |
|
Vantage Drilling International
PINK:VTDRF
|
$93.60 Million |
|
Totens Sparebank
OL:TOTG
|
$93.44 Million |
|
Iljin Holdings
KO:015860
|
$93.43 Million |
|
Access Bio Inc
KQ:950130
|
$93.41 Million |
|
Solteam Electronics Co Ltd
TWO:3484
|
$93.40 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Sparebanken Ost's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 5,022,000,000 to 5,042,300,000, a change of 20,300,000 (0.4%).
- Net income of 522,800,000 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 | Nkr522.80 Million | +10.37% |
| Dividends Paid | Nkr482.00 Million | -9.56% |
| Other Changes | Nkr-20.50 Million | -0.41% |
| Total Change | Nkr- | 0.40% |
Book Value vs Market Value Analysis
This analysis compares Sparebanken Ost'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: 0.34x
- 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 1.55x to 0.34x 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 | Nkr53.71 | Nkr83.14 | x |
| 2009-12-31 | Nkr76.45 | Nkr83.14 | x |
| 2010-12-31 | Nkr90.02 | Nkr83.14 | x |
| 2011-12-31 | Nkr92.03 | Nkr83.14 | x |
| 2012-12-31 | Nkr102.69 | Nkr83.14 | x |
| 2013-12-31 | Nkr121.94 | Nkr83.14 | x |
| 2014-12-31 | Nkr133.41 | Nkr83.14 | x |
| 2015-12-31 | Nkr142.35 | Nkr83.14 | x |
| 2016-12-31 | Nkr153.20 | Nkr83.14 | x |
| 2017-12-31 | Nkr163.25 | Nkr83.14 | x |
| 2018-12-31 | Nkr190.25 | Nkr83.14 | x |
| 2019-12-31 | Nkr199.77 | Nkr83.14 | x |
| 2020-12-31 | Nkr214.26 | Nkr83.14 | x |
| 2021-12-31 | Nkr226.39 | Nkr83.14 | x |
| 2022-12-31 | Nkr231.16 | Nkr83.14 | x |
| 2023-12-31 | Nkr237.01 | Nkr83.14 | x |
| 2024-12-31 | Nkr242.24 | Nkr83.14 | x |
| 2025-12-31 | Nkr243.22 | Nkr83.14 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Sparebanken Ost 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): 10.37%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 50.37%
- • Asset Turnover: 0.02x
- • Equity Multiplier: 9.09x
- Recent ROE (10.37%) is above the historical average (9.16%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2000 | 14.51% | 12.44% | 0.08x | 13.79x | Nkr38.68 Million |
| 2001 | 11.26% | 8.49% | 0.09x | 14.70x | Nkr11.54 Million |
| 2002 | 4.76% | 3.49% | 0.08x | 16.84x | Nkr-48.49 Million |
| 2003 | 12.94% | 10.93% | 0.08x | 15.44x | Nkr29.49 Million |
| 2004 | 16.22% | 20.98% | 0.05x | 16.20x | Nkr70.69 Million |
| 2007 | 13.39% | 15.37% | 0.06x | 14.25x | Nkr52.40 Million |
| 2008 | -34.65% | -493.98% | 0.00x | 22.61x | Nkr-497.15 Million |
| 2009 | 18.58% | 37.54% | 0.04x | 13.86x | Nkr135.91 Million |
| 2010 | 16.36% | 42.17% | 0.03x | 13.26x | Nkr118.68 Million |
| 2011 | 8.16% | 26.67% | 0.02x | 14.94x | Nkr-35.09 Million |
| 2012 | 12.41% | 39.32% | 0.02x | 13.92x | Nkr51.22 Million |
| 2013 | 11.18% | 41.22% | 0.02x | 12.29x | Nkr29.91 Million |
| 2014 | 15.50% | 50.34% | 0.02x | 12.66x | Nkr152.13 Million |
| 2015 | 8.67% | 41.88% | 0.02x | 11.69x | Nkr-39.11 Million |
| 2016 | 10.43% | 46.10% | 0.02x | 11.27x | Nkr13.59 Million |
| 2017 | 9.82% | 48.82% | 0.02x | 10.93x | Nkr-6.03 Million |
| 2018 | 9.19% | 48.57% | 0.02x | 10.64x | Nkr-31.92 Million |
| 2019 | 7.52% | 43.18% | 0.02x | 10.23x | Nkr-102.65 Million |
| 2020 | 9.84% | 53.02% | 0.02x | 9.92x | Nkr-6.99 Million |
| 2021 | 7.70% | 47.69% | 0.02x | 10.25x | Nkr-107.94 Million |
| 2022 | 6.18% | 42.48% | 0.02x | 9.20x | Nkr-182.83 Million |
| 2023 | 8.96% | 48.05% | 0.02x | 9.24x | Nkr-50.86 Million |
| 2024 | 10.42% | 50.33% | 0.02x | 9.24x | Nkr21.10 Million |
| 2025 | 10.37% | 50.37% | 0.02x | 9.09x | Nkr18.57 Million |
Industry Comparison
This section compares Sparebanken Ost'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 |
|---|---|---|---|---|
| Sparebanken Ost (SPOG) | Nkr5.04 Billion | 14.51% | 8.09x | $93.46 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 |