Romerike Sparebank

OL:ROMER Norway Banks - Regional
Market Cap
$38.83 Million
Nkr442.40 Million NOK
Market Cap Rank
#23253 Global
#117 in Norway
Share Price
Nkr155.98
Change (1 day)
+3.30%
52-Week Range
Nkr130.06 - Nkr155.98
All Time High
Nkr155.98
About

Romerike Sparebank provides banking products and services. The company provides daily banking; car, mortgage for young people, construction, consumer loan, green mortgage, green rehabilitation, motorcycles, motorhomes, ATVs, carvans and snowmobiles, and refinancing loans; and bank, BSU, mutual fund, retirement savings, and savings for children. It also offers insurance for car and other vehicles,… Read more

Romerike Sparebank (ROMER) - Total Assets

Latest total assets as of June 2025: Nkr18.90 Billion NOK

Based on the latest financial reports, Romerike Sparebank (ROMER) holds total assets worth Nkr18.90 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.

Romerike Sparebank - Total Assets Trend (2016–2024)

This chart illustrates how Romerike Sparebank’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Romerike Sparebank - Asset Composition Analysis

Current Asset Composition (December 2024)

Romerike Sparebank's total assets of Nkr18.90 Billion consist of 0.0% current assets and 0.0% non-current assets.

Asset Category Amount (NOK) % of Total Assets
Cash & Equivalents Nkr0.00 0.4%
Accounts Receivable Nkr0.00 0.0%
Inventory Nkr0.00 0.0%
Property, Plant & Equipment Nkr0.00 0.0%
Intangible Assets Nkr0.00 0.0%
Goodwill Nkr0.00 0.0%

Asset Composition Trend (2016–2024)

This chart illustrates how Romerike 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: Romerike Sparebank's current assets represent 0.0% of total assets in 2024, unchanged from 0.0% in 2016.
  • Cash Position: Cash and equivalents constituted 0.4% 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 goodwill at 0.0% of total assets.

Romerike Sparebank Competitors by Total Assets

Key competitors of Romerike 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

Romerike 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

Historical Range: 0.01 - 0.03

Lower asset utilization - Romerike Sparebank generates 0.03x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: 0.71% - 1.08%

Moderate ROA - For every $100 in assets, Romerike Sparebank generates $ 1.07 in net profit.

Romerike 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 0.17 0.15 0.13
Quick Ratio 0.17 0.15 0.13
Cash Ratio 0.00 0.00 0.00
Working Capital Nkr-8.82 Billion Nkr -6.68 Billion Nkr -5.80 Billion

Romerike Sparebank - Advanced Valuation Insights

This section examines the relationship between Romerike 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 0.17
Latest Market Cap to Assets Ratio 0.00
Asset Growth Rate (YoY) 7.8%
Total Assets Nkr18.01 Billion
Market Capitalization $32.44 Million USD

Valuation Analysis

Below Book Valuation: The market values Romerike Sparebank's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.

Positive Asset Growth: Romerike Sparebank's assets grew by 7.8% over the past year, showing continued investment in the company's operational capacity.

Annual Total Assets for Romerike Sparebank (2016–2024)

The table below shows the annual total assets of Romerike Sparebank from 2016 to 2024.

Year Total Assets Change
2024-12-31 Nkr18.01 Billion +7.84%
2023-12-31 Nkr16.70 Billion +8.91%
2022-12-31 Nkr15.34 Billion +37.16%
2021-12-31 Nkr11.18 Billion +13.77%
2020-12-31 Nkr9.83 Billion +13.12%
2019-12-31 Nkr8.69 Billion +7.79%
2018-12-31 Nkr8.06 Billion +8.86%
2017-12-31 Nkr7.40 Billion +10.79%
2016-12-31 Nkr6.68 Billion --