Flekkefjord Sparebank
Flekkefjord Sparebank, a savings bank, provides banking services for retail and corporate markets in lekkefjord, Egersund, Farsund, Hægebostad, Kvinesdal, Lindesnes, Lund, Lyngdal, and SirdalogSokndal. It offers mortgage, car, boat, moving mortgage, mortgages for young people, cottage, and construction loans; bank, Boligsparing for ungdom, mutual fund, Borea, stock trading, and retirement savings… Read more
Flekkefjord Sparebank (FFSB) - Total Assets
Latest total assets as of June 2025: Nkr12.53 Billion NOK
Based on the latest financial reports, Flekkefjord Sparebank (FFSB) holds total assets worth Nkr12.53 Billion NOK as of June 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Flekkefjord Sparebank - Total Assets Trend (2015–2024)
This chart illustrates how Flekkefjord Sparebank’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Flekkefjord Sparebank - Asset Composition Analysis
Current Asset Composition (December 2024)
Flekkefjord Sparebank's total assets of Nkr12.53 Billion consist of 0.8% current assets and 99.2% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 0.8% |
| Accounts Receivable | Nkr5.14 Million | 0.1% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr7.68 Million | 0.1% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2015–2024)
This chart illustrates how Flekkefjord Sparebank's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Flekkefjord Sparebank's current assets represent 0.8% of total assets in 2024, a decrease from 1.3% in 2015.
- Cash Position: Cash and equivalents constituted 0.8% of total assets in 2024, down from 1.3% in 2015.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2015.
- Asset Diversification: The largest asset category is intangible assets at 0.1% of total assets.
Flekkefjord Sparebank Competitors by Total Assets
Key competitors of Flekkefjord Sparebank based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Ping An Bank Co Ltd
SHE:000001
|
China | CN¥5.77 Trillion |
|
Bank of Ningbo Co Ltd
SHE:002142
|
China | CN¥3.58 Trillion |
|
Bank of Zhengzhou Co Ltd Class A
SHE:002936
|
China | CN¥743.55 Billion |
|
Qingdao Rural Commercial Bank Corp Class A
SHE:002958
|
China | CN¥509.92 Billion |
|
Bank of Suzhou
SHE:002966
|
China | CN¥776.04 Billion |
|
Jeju Bank
KO:006220
|
Korea | ₩7.72 Trillion |
|
Industrial Bank Of Korea
KO:024110
|
Korea | ₩490.11 Trillion |
|
Hana Financial
KO:086790
|
Korea | ₩659.08 Trillion |
Flekkefjord Sparebank - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Flekkefjord Sparebank generates 0.06x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Flekkefjord Sparebank generates $ 1.14 in net profit.
Flekkefjord Sparebank - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.01 | 0.01 | 0.01 |
| Quick Ratio | 0.01 | 0.01 | 0.01 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr-8.26 Billion | Nkr -7.01 Billion | Nkr -7.01 Billion |
Flekkefjord Sparebank - Advanced Valuation Insights
This section examines the relationship between Flekkefjord Sparebank's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.12 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 11.9% |
| Total Assets | Nkr10.90 Billion |
| Market Capitalization | $11.92 Million USD |
Valuation Analysis
Below Book Valuation: The market values Flekkefjord Sparebank's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Flekkefjord Sparebank's assets grew by 11.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Flekkefjord Sparebank (2015–2024)
The table below shows the annual total assets of Flekkefjord Sparebank from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr10.90 Billion | +11.92% |
| 2023-12-31 | Nkr9.74 Billion | +14.88% |
| 2022-12-31 | Nkr8.48 Billion | +9.28% |
| 2021-12-31 | Nkr7.76 Billion | +8.76% |
| 2020-12-31 | Nkr7.13 Billion | +3.09% |
| 2019-12-31 | Nkr6.92 Billion | +1.50% |
| 2018-12-31 | Nkr6.82 Billion | +5.09% |
| 2017-12-31 | Nkr6.48 Billion | +4.69% |
| 2016-12-31 | Nkr6.19 Billion | +2.57% |
| 2015-12-31 | Nkr6.04 Billion | -- |