Grong Sparebank (GRONG) - Total Assets
Based on the latest financial reports, Grong Sparebank (GRONG) holds total assets worth Nkr11.50 Billion NOK (≈ $1.21 Billion USD) as of September 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. See Grong Sparebank book value and equity for net asset value and shareholders' equity analysis.
Grong Sparebank - Total Assets Trend (2016–2024)
This chart illustrates how Grong Sparebank's total assets have evolved over time, based on quarterly financial data.
Grong Sparebank - Asset Composition Analysis
Current Asset Composition (December 2024)
Grong Sparebank's total assets of Nkr11.50 Billion consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 0.7% |
| Accounts Receivable | Nkr0.00 | 0.0% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr98.43 Million | 0.9% |
| Intangible Assets | Nkr0.00 | 0.0% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Grong 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. For live market cap, price, and company overview, see Grong Sparebank (GRONG) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Grong Sparebank's current assets represent 0.0% of total assets in 2024, a decrease from 2.4% in 2016.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2024, up from 0.0% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is property, plant & equipment at 0.9% of total assets.
Grong Sparebank Competitors by Total Assets
Key competitors of Grong Sparebank based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Banco de Chile
SN:CHILE
|
Chile | CL$55.47 Trillion |
|
Bank of Queensland Ltd
AU:BOQ
|
Australia | AU$100.53 Billion |
|
BKS Bank AG
VI:BKS
|
Austria | €11.06 Billion |
|
Bank Bukopin Tbk
JK:BBKP
|
Indonesia | Rp89.79 Trillion |
|
Laan & Spar Bank AS
CO:LASP
|
Denmark | Dkr40.98 Billion |
|
LINKBANCORP Inc
NASDAQ:LNKB
|
USA | $3.07 Billion |
|
Bank Rakyat Indonesia Agroniaga
JK:AGRO
|
Indonesia | Rp13.34 Trillion |
|
Quirin Privatbank AG
F:QB7
|
Germany | €1.14 Billion |
Grong 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 | 0.19 | 0.17 | 0.06 |
| Quick Ratio | 0.19 | 0.17 | 0.06 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr-5.88 Billion | Nkr-4.92 Billion | Nkr-4.93 Billion |
Grong Sparebank - Advanced Valuation Insights
This section examines the relationship between Grong 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 | 0.50 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 8.7% |
| Total Assets | Nkr10.93 Billion |
| Market Capitalization | $83.18 Million USD |
Valuation Analysis
Below Book Valuation: The market values Grong Sparebank's assets below their book value (0.01x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Grong Sparebank's assets grew by 8.7% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Grong Sparebank (2016–2024)
The table below shows the annual total assets of Grong Sparebank from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr10.93 Billion ≈ $1.15 Billion |
+8.75% |
| 2023-12-31 | Nkr10.05 Billion ≈ $1.06 Billion |
+11.91% |
| 2022-12-31 | Nkr8.98 Billion ≈ $945.10 Million |
+13.53% |
| 2021-12-31 | Nkr7.91 Billion ≈ $832.45 Million |
+9.55% |
| 2020-12-31 | Nkr7.22 Billion ≈ $759.89 Million |
+6.43% |
| 2019-12-31 | Nkr6.78 Billion ≈ $713.95 Million |
+5.86% |
| 2018-12-31 | Nkr6.41 Billion ≈ $674.45 Million |
+8.79% |
| 2017-12-31 | Nkr5.89 Billion ≈ $619.93 Million |
+7.70% |
| 2016-12-31 | Nkr5.47 Billion ≈ $575.63 Million |
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About Grong Sparebank
Grong Sparebank, an independent savings bank, provides a range of banking products and services in Norway. It offers mutual fund savings, wealth advice, retirement savings, BSU, and savings accounts products; mortgage, construction loans, fixed-rate loans, framework loan, cottage loans, car loans, and consumer loans; refinancing the mortgage; and loans for other vehicles. The company also provide… Read more