Tinde Sparebank
Tinde Sparebank operates as a savings bank that provides various financial products and services to retail and corporate customers in Romsdal and southern parts of Nordmøre. It offers savings account, credit card, and mobile and online banking, as well as mobile payment. The company also provides insurance products, such as car, children, contents, houses, travel, dog, and damage products; loan p… Read more
Tinde Sparebank (TINDE) - Net Assets
Latest net assets as of December 2025: Nkr2.12 Billion NOK
Based on the latest financial reports, Tinde Sparebank (TINDE) has net assets worth Nkr2.12 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 (Nkr14.51 Billion) and total liabilities (Nkr12.39 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 | Nkr2.12 Billion |
| % of Total Assets | 14.62% |
| Annual Growth Rate | 27.4% |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 37.7 |
Tinde Sparebank - Net Assets Trend (2021–2025)
This chart illustrates how Tinde Sparebank's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Tinde Sparebank (2021–2025)
The table below shows the annual net assets of Tinde Sparebank from 2021 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr2.12 Billion | +97.05% |
| 2024-12-31 | Nkr1.08 Billion | +14.04% |
| 2023-12-31 | Nkr944.43 Million | +6.46% |
| 2022-12-31 | Nkr887.13 Million | +10.12% |
| 2021-12-31 | Nkr805.60 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Tinde 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 decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Nkr545.00 Million | 25.68% |
| Other Components | Nkr1.58 Billion | 74.32% |
| Total Equity | Nkr2.12 Billion | 100.00% |
Tinde Sparebank Competitors by Market Cap
The table below lists competitors of Tinde Sparebank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
C-RAD AB Series B
LSE:0R44
|
$54.42 Million |
|
Hospital Mater Dei S.A
SA:MATD3
|
$54.42 Million |
|
Pan Asia Chemical Co
TWO:4707
|
$54.43 Million |
|
Filatex India Limited
NSE:FILATEX
|
$54.47 Million |
|
United Paper Public Company Limited
BK:UTP
|
$54.39 Million |
|
An Gia Real Estate Investment and Development Corp
VN:AGG
|
$54.39 Million |
|
Jonestown Bank and Trust Co of Jonestown Pennsylvania
OTCQX:JBTC
|
$54.39 Million |
|
Dream Security co. Ltd
KQ:203650
|
$54.38 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Tinde Sparebank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 1,076,992,000 to 2,122,183,000, a change of 1,045,191,000 (97.0%).
- Net income of 83,300,000 contributed positively to equity growth.
- Dividend payments of 25,084,000 reduced retained earnings.
- Other factors increased equity by 986,975,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Nkr83.30 Million | +3.93% |
| Dividends Paid | Nkr25.08 Million | -1.18% |
| Other Changes | Nkr986.98 Million | +46.51% |
| Total Change | Nkr- | 97.05% |
Book Value vs Market Value Analysis
This analysis compares Tinde 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: 0.30x
- 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.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-12-31 | Nkr396.92 | Nkr116.00 | x |
| 2022-12-31 | Nkr437.09 | Nkr116.00 | x |
| 2023-12-31 | Nkr480.70 | Nkr116.00 | x |
| 2024-12-31 | Nkr386.42 | Nkr116.00 | x |
| 2025-12-31 | Nkr389.39 | Nkr116.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Tinde 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): 3.93%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 22.14%
- • Asset Turnover: 0.03x
- • Equity Multiplier: 6.84x
- Recent ROE (3.93%) is below the historical average (6.39%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 6.58% | 32.26% | 0.03x | 8.07x | Nkr-27.58 Million |
| 2022 | 6.82% | 32.19% | 0.03x | 7.58x | Nkr-28.19 Million |
| 2023 | 7.22% | 30.59% | 0.03x | 7.52x | Nkr-26.29 Million |
| 2024 | 7.41% | 33.16% | 0.03x | 7.34x | Nkr-27.86 Million |
| 2025 | 3.93% | 22.14% | 0.03x | 6.84x | Nkr-128.92 Million |
Industry Comparison
This section compares Tinde Sparebank's net assets metrics with peer companies in the Financial Conglomerates industry.
Industry Context
- Industry: Financial Conglomerates
- Average net assets among peers: $805,597,000
- Average return on equity (ROE) among peers: 6.58%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Tinde Sparebank (TINDE) | Nkr2.12 Billion | 6.58% | 5.84x | $54.41 Million |
| Romsdal Sparebank (ROMSB) | $805.60 Million | 6.58% | 7.07x | $30.01 Million |