Norion Bank (NORION) - Net Assets
Based on the latest financial reports, Norion Bank (NORION) has net assets worth Skr9.48 Billion SEK (≈ $1.02 Billion USD) as of December 2025. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Skr67.53 Billion ≈ $7.27 Billion USD) and total liabilities (Skr58.05 Billion ≈ $6.25 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. Check Norion Bank liquidity resilience to evaluate the company's liquid asset resilience ratio.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Skr9.48 Billion |
| % of Total Assets | 14.03% |
| Annual Growth Rate | 15.55% |
| 5-Year Change | 60.19% |
| 10-Year Change | N/A |
| Growth Volatility | 14.68 |
Norion Bank - Net Assets Trend (2016–2025)
This chart illustrates how Norion Bank's net assets have evolved over time, based on quarterly financial data. Also explore balance sheet size of Norion Bank for the complete picture of this company's asset base.
Annual Net Assets for Norion Bank (2016–2025)
The table below shows the annual net assets of Norion Bank from 2016 to 2025. For live valuation and market cap data, see market value of Norion Bank.
| Year | Net Assets | Change |
|---|---|---|
| 2025-12-31 | Skr9.48 Billion ≈ $1.02 Billion |
+4.71% |
| 2024-12-31 | Skr9.05 Billion ≈ $974.03 Million |
+9.01% |
| 2023-12-31 | Skr8.30 Billion ≈ $893.54 Million |
+17.44% |
| 2022-12-31 | Skr7.07 Billion ≈ $760.84 Million |
+19.51% |
| 2021-12-31 | Skr5.92 Billion ≈ $636.66 Million |
+25.69% |
| 2020-12-31 | Skr4.71 Billion ≈ $506.55 Million |
+49.48% |
| 2019-12-31 | Skr3.15 Billion ≈ $338.88 Million |
-6.50% |
| 2018-12-31 | Skr3.37 Billion ≈ $362.45 Million |
+10.86% |
| 2017-12-31 | Skr3.04 Billion ≈ $326.94 Million |
+17.75% |
| 2016-12-31 | Skr2.58 Billion ≈ $277.65 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Norion Bank'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 372.5% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | Skr9.33 Billion | 98.46% |
| Common Stock | Skr149.00 Million | 1.57% |
| Other Comprehensive Income | Skr-8.00 Million | -0.08% |
| Other Components | Skr5.00 Million | 0.05% |
| Total Equity | Skr9.48 Billion | 100.00% |
Norion Bank Competitors by Market Cap
The table below lists competitors of Norion Bank ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Guangzhou Hengyun Enterprises Holding Ltd
SHE:000531
|
$1.07 Billion |
|
Donnelley Financial Solutions Inc
NYSE:DFIN
|
$1.08 Billion |
|
ZINKA LOGISTICS SOL LTD
NSE:BLACKBUCK
|
$1.08 Billion |
|
Nordic American Tankers Limited
F:B3O
|
$1.08 Billion |
|
Zhejiang Tianyu Pharmaceutical Co Ltd
SHE:300702
|
$1.07 Billion |
|
Guardian Capital Group Ltd. Cl.A Nv (GCG-A.TO
TO:GCG-A
|
$1.07 Billion |
|
Goosehead Insurance Inc
NASDAQ:GSHD
|
$1.07 Billion |
|
PennyMac Mortgage Investment Trust
NYSE:PMT
|
$1.07 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Norion Bank's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 9,051,000,000 to 9,477,000,000, a change of 426,000,000 (4.7%).
- Net income of 1,438,000,000 contributed positively to equity growth.
- Share repurchases of 1,000,000,000 reduced equity.
- Other comprehensive income decreased equity by 8,000,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Skr1.44 Billion | +15.17% |
| Share Repurchases | Skr1.00 Billion | -10.55% |
| Other Comprehensive Income | Skr-8.00 Million | -0.08% |
| Other Changes | Skr-4.00 Million | -0.04% |
| Total Change | Skr- | 4.71% |
Book Value vs Market Value Analysis
This analysis compares Norion Bank'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: 1.12x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 2.83x to 1.12x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2016-12-31 | Skr18.59 | Skr52.60 | x |
| 2017-12-31 | Skr20.22 | Skr52.60 | x |
| 2018-12-31 | Skr22.52 | Skr52.60 | x |
| 2019-12-31 | Skr21.05 | Skr52.60 | x |
| 2020-12-31 | Skr22.92 | Skr52.60 | x |
| 2021-12-31 | Skr28.80 | Skr52.60 | x |
| 2022-12-31 | Skr34.42 | Skr52.60 | x |
| 2023-12-31 | Skr40.43 | Skr52.60 | x |
| 2024-12-31 | Skr44.07 | Skr52.60 | x |
| 2025-12-31 | Skr47.16 | Skr52.60 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Norion Bank 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): 15.17%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 26.23%
- • Asset Turnover: 0.08x
- • Equity Multiplier: 7.13x
- Recent ROE (15.17%) is above the historical average (11.62%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2016 | 11.63% | 26.62% | 0.07x | 5.84x | Skr42.00 Million |
| 2017 | 16.79% | 32.65% | 0.07x | 7.32x | Skr206.20 Million |
| 2018 | 14.73% | 26.58% | 0.06x | 8.80x | Skr159.20 Million |
| 2019 | -6.95% | -9.64% | 0.06x | 11.72x | Skr-533.90 Million |
| 2020 | 6.44% | 12.10% | 0.07x | 8.02x | Skr-167.70 Million |
| 2021 | 12.73% | 25.12% | 0.07x | 7.49x | Skr161.40 Million |
| 2022 | 16.14% | 30.85% | 0.08x | 6.88x | Skr434.00 Million |
| 2023 | 15.58% | 26.06% | 0.09x | 6.51x | Skr463.70 Million |
| 2024 | 13.98% | 22.50% | 0.08x | 7.43x | Skr359.90 Million |
| 2025 | 15.17% | 26.23% | 0.08x | 7.13x | Skr490.30 Million |
Industry Comparison
This section compares Norion Bank's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $224,895,511,333
- Average return on equity (ROE) among peers: 15.37%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Norion Bank (NORION) | Skr9.48 Billion | 11.63% | 6.13x | $1.07 Billion |
| Arion banki hf (ARION-SDB) | $211.38 Billion | 10.00% | 3.90x | $2.10 Billion |
| Avanza Bank Holding AB (publ) (AZA) | $875.00 Million | 33.26% | 44.24x | $5.63 Billion |
| Skandinaviska Enskilda Banken AB (publ) (SEB-A) | $776.34 Billion | 0.69% | 0.60x | $37.77 Billion |
| Skandinaviska Enskilda Banken AB (publ) (SEB-C) | $140.98 Billion | 7.53% | 17.59x | $482.93 Million |
| Swedbank AB (publ) (SWED-A) | $218.90 Billion | 15.93% | 12.75x | $39.10 Billion |
| TF Bank AB (TFBANK) | $895.07 Million | 24.79% | 8.46x | $1.16 Billion |
About Norion Bank
Norion Bank AB (publ) provides financial solutions for medium-sized corporates and real estate companies, merchants, and private individuals in Sweden, Germany, Norway, Denmark, Finland, and internationally. It operates through four segments: Corporate, Real estate, Consumer, Payments, and others segments. The company offers corporate loans comprising acquisition financing, bridge financing, revo… Read more