Sparebanken Ost (SPOG) - Net Assets

Latest as of December 2025: Nkr5.04 Billion NOK ≈ $530.60 Million USD

Based on the latest financial reports, Sparebanken Ost (SPOG) has net assets worth Nkr5.04 Billion NOK (≈ $530.60 Million USD) 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 ≈ $4.82 Billion USD) and total liabilities (Nkr40.78 Billion ≈ $4.29 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. Read debt load of Sparebanken Ost for a breakdown of total debt and financial obligations.

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. Also explore balance sheet size of Sparebanken Ost for the complete picture of this company's asset base.

Annual Net Assets for Sparebanken Ost (2000–2025)

The table below shows the annual net assets of Sparebanken Ost from 2000 to 2025. For live valuation and market cap data, see Sparebanken Ost market cap and net worth.

Year	Net Assets	Change
2025-12-31	Nkr5.04 Billion ≈ $530.60 Million	+0.40%
2024-12-31	Nkr5.02 Billion ≈ $528.46 Million	+2.21%
2023-12-31	Nkr4.91 Billion ≈ $517.05 Million	+2.53%
2022-12-31	Nkr4.79 Billion ≈ $504.29 Million	+2.11%
2021-12-31	Nkr4.69 Billion ≈ $493.88 Million	+5.66%
2020-12-31	Nkr4.44 Billion ≈ $467.42 Million	+7.25%
2019-12-31	Nkr4.14 Billion ≈ $435.81 Million	+5.00%
2018-12-31	Nkr3.94 Billion ≈ $415.04 Million	+16.54%
2017-12-31	Nkr3.38 Billion ≈ $356.13 Million	+6.56%
2016-12-31	Nkr3.18 Billion ≈ $334.22 Million	+7.62%
2015-12-31	Nkr2.95 Billion ≈ $310.54 Million	+6.70%
2014-12-31	Nkr2.77 Billion ≈ $291.03 Million	+9.41%
2013-12-31	Nkr2.53 Billion ≈ $266.01 Million	+18.75%
2012-12-31	Nkr2.13 Billion ≈ $224.01 Million	+11.58%
2011-12-31	Nkr1.91 Billion ≈ $200.77 Million	+2.23%
2010-12-31	Nkr1.87 Billion ≈ $196.38 Million	+17.75%
2009-12-31	Nkr1.58 Billion ≈ $166.78 Million	+42.33%
2008-12-31	Nkr1.11 Billion ≈ $117.17 Million	-27.98%
2007-12-31	Nkr1.55 Billion ≈ $162.68 Million	+8.28%
2006-12-31	Nkr1.43 Billion ≈ $150.24 Million	+6.23%
2005-12-31	Nkr1.34 Billion ≈ $141.43 Million	+18.34%
2004-12-31	Nkr1.14 Billion ≈ $119.51 Million	+13.05%
2003-12-31	Nkr1.00 Billion ≈ $105.71 Million	+8.60%
2002-12-31	Nkr925.03 Million ≈ $97.34 Million	+1.24%
2001-12-31	Nkr913.69 Million ≈ $96.15 Million	+6.39%
2000-12-31	Nkr858.82 Million ≈ $90.37 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
Lemtech Holdings Co Ltd TW:4912	$172.70 Million
Sunjin KO:136490	$172.75 Million
Orthocell Ltd AU:OCC	$172.77 Million
Melar Acquisition Corp. I Class A Ordinary Shares NASDAQ:MACI	$172.88 Million
Strawberry Fields REIT LLC NYSE MKT:STRW	$172.66 Million
Open Lending Corp NASDAQ:LPRO	$172.56 Million
Nnit AS CO:NNIT	$172.54 Million
Insight Digital Partners II Class A Ordinary Shares NASDAQ:DYOR	$172.50 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: 0.33x
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 1.47x to 0.33x 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	Nkr79.16	x
2009-12-31	Nkr76.45	Nkr79.16	x
2010-12-31	Nkr90.02	Nkr79.16	x
2011-12-31	Nkr92.03	Nkr79.16	x
2012-12-31	Nkr102.69	Nkr79.16	x
2013-12-31	Nkr121.94	Nkr79.16	x
2014-12-31	Nkr133.41	Nkr79.16	x
2015-12-31	Nkr142.35	Nkr79.16	x
2016-12-31	Nkr153.20	Nkr79.16	x
2017-12-31	Nkr163.25	Nkr79.16	x
2018-12-31	Nkr190.25	Nkr79.16	x
2019-12-31	Nkr199.77	Nkr79.16	x
2020-12-31	Nkr214.26	Nkr79.16	x
2021-12-31	Nkr226.39	Nkr79.16	x
2022-12-31	Nkr231.16	Nkr79.16	x
2023-12-31	Nkr237.01	Nkr79.16	x
2024-12-31	Nkr242.24	Nkr79.16	x
2025-12-31	Nkr243.22	Nkr79.16	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: $10,865,831,216
Average return on equity (ROE) among peers: 6.94%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Sparebanken Ost (SPOG)	Nkr5.04 Billion	14.51%	8.09x	$172.69 Million
Aasen Sparebank (AASB)	$685.42 Million	7.24%	7.19x	$24.75 Million
Aurskog Sparebank (AURG)	$330.39 Million	10.56%	15.15x	$123.04 Million
Bien Sparebank ASA (BIEN)	$652.26 Million	6.45%	6.60x	$93.84 Million
DnB ASA (DNB)	$101.40 Billion	8.47%	16.98x	$42.91 Billion
Grong Sparebank (GRONG)	$1.36 Billion	8.18%	7.05x	$83.18 Million
Helgeland Sparebank (HELG)	$1.49 Billion	8.61%	10.17x	$471.00 Million
Holand og Setskog Sparebank (HSPG)	$232.48 Million	7.59%	13.83x	$11.58 Million
Instabank ASA (INSTA)	$236.86 Million	-7.35%	1.22x	$200.27 Million
Jaeren Sparebank (JAREN)	$1.77 Billion	6.84%	6.94x	$181.14 Million
Kraft Bank Asa (KRAB)	$506.89 Million	12.83%	7.71x	$58.73 Million

About Sparebanken Ost

OL:SPOG Norway Banks - Regional

Market Cap

$172.69 Million

Nkr1.64 Billion NOK

Market Cap Rank

#17079 Global

#141 in Norway

Share Price

Nkr79.16

Change (1 day)

-0.53%

52-Week Range

Nkr70.20 - Nkr86.69

All Time High

Nkr86.69