Sparebanken Sor
Sparebanken Sør operates as an independent financial institution in Norway. It operates through Retail Market and Corporate Market segment. The company is involved in banking, securities trading, and real estate brokerage activities in Agder, Rogaland, Vestfold, and Telemark counties, as well as insurance brokerage and property management services. It also provides non-life and personal insurance… Read more
Sparebanken Sor (SOR) - Total Assets
Latest total assets as of December 2024: Nkr176.51 Billion NOK
Based on the latest financial reports, Sparebanken Sor (SOR) holds total assets worth Nkr176.51 Billion NOK as of December 2024.
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.
Sparebanken Sor - Total Assets Trend (2007–2024)
This chart illustrates how Sparebanken Sor’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sparebanken Sor - Asset Composition Analysis
Current Asset Composition (December 2024)
Sparebanken Sor's total assets of Nkr176.51 Billion consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 0.3% |
| 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 (2007–2024)
This chart illustrates how Sparebanken Sor'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: Sparebanken Sor's current assets represent 0.0% of total assets in 2024, unchanged from 0.0% in 2007.
- Cash Position: Cash and equivalents constituted 0.3% of total assets in 2024, down from 5.5% in 2007.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2007.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Sparebanken Sor Competitors by Total Assets
Key competitors of Sparebanken Sor 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 |
Sparebanken Sor - 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 - Sparebanken Sor generates 0.02x 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, Sparebanken Sor generates $ 1.13 in net profit.
Sparebanken Sor - 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 | 0.04 | 0.05 | 1.81 |
| Quick Ratio | 0.04 | 0.05 | 1.81 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr-67.97 Billion | Nkr -65.07 Billion | Nkr 46.77 Billion |
Sparebanken Sor - Advanced Valuation Insights
This section examines the relationship between Sparebanken Sor'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 | 0.47 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 12.1% |
| Total Assets | Nkr176.51 Billion |
| Market Capitalization | $458.20 Million USD |
Valuation Analysis
Below Book Valuation: The market values Sparebanken Sor's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Sparebanken Sor's assets grew by 12.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Sparebanken Sor (2007–2024)
The table below shows the annual total assets of Sparebanken Sor from 2007 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr176.51 Billion | +12.14% |
| 2023-12-31 | Nkr157.41 Billion | -0.02% |
| 2022-12-31 | Nkr157.44 Billion | +9.19% |
| 2021-12-31 | Nkr144.18 Billion | +1.45% |
| 2020-12-31 | Nkr142.13 Billion | +9.75% |
| 2019-12-31 | Nkr129.50 Billion | +6.91% |
| 2018-12-31 | Nkr121.12 Billion | +5.96% |
| 2017-12-31 | Nkr114.31 Billion | +8.40% |
| 2016-12-31 | Nkr105.45 Billion | +4.07% |
| 2015-12-31 | Nkr101.33 Billion | +7.73% |
| 2014-12-31 | Nkr94.06 Billion | +105.56% |
| 2013-12-31 | Nkr45.76 Billion | +3.71% |
| 2012-12-31 | Nkr44.12 Billion | +8.91% |
| 2011-12-31 | Nkr40.51 Billion | +9.81% |
| 2010-12-31 | Nkr36.89 Billion | +4.84% |
| 2009-12-31 | Nkr35.19 Billion | +15.39% |
| 2008-12-31 | Nkr30.50 Billion | +18.61% |
| 2007-12-31 | Nkr25.71 Billion | -- |