Sparebanken Vest
Sparebanken Vest, a financial services company, provides banking and financing services in the counties of Vestland and Rogaland, Norway. The company operates through Corporate Market, Retail Market, Bulder Bank, Treasury, and Estate Agency Activities segments. It is also involved in investment banking, trading in securities for professional investors, leasing and sales mortgage loans, and real e… Read more
Sparebanken Vest (SVEG) - Total Assets
Latest total assets as of March 2025: Nkr345.23 Billion NOK
Based on the latest financial reports, Sparebanken Vest (SVEG) holds total assets worth Nkr345.23 Billion NOK as of March 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.
Sparebanken Vest - Total Assets Trend (2000–2024)
This chart illustrates how Sparebanken Vest’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Sparebanken Vest - Asset Composition Analysis
Current Asset Composition (December 2024)
Sparebanken Vest's total assets of Nkr345.23 Billion consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr0.00 | 0.1% |
| Accounts Receivable | Nkr0.00 | 0.0% |
| Inventory | Nkr0.00 | 0.0% |
| Property, Plant & Equipment | Nkr0.00 | 0.0% |
| Intangible Assets | Nkr233.00 Million | 0.1% |
| Goodwill | Nkr332.00 Million | 0.1% |
Asset Composition Trend (2000–2024)
This chart illustrates how Sparebanken Vest'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 Vest's current assets represent 0.0% of total assets in 2024, unchanged from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 0.1% of total assets in 2024, down from 3.8% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is goodwill at 0.1% of total assets.
Sparebanken Vest Competitors by Total Assets
Key competitors of Sparebanken Vest 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 Vest - 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 Vest 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 Vest generates $ 1.38 in net profit.
Sparebanken Vest - 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 | 1.90 |
| Quick Ratio | 0.04 | 0.05 | 1.90 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | Nkr-124.89 Billion | Nkr -107.56 Billion | Nkr 74.44 Billion |
Sparebanken Vest - Advanced Valuation Insights
This section examines the relationship between Sparebanken Vest'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 | 1.07 |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | 10.3% |
| Total Assets | Nkr338.17 Billion |
| Market Capitalization | $1.35 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Sparebanken Vest's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Sparebanken Vest's assets grew by 10.3% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Sparebanken Vest (2000–2024)
The table below shows the annual total assets of Sparebanken Vest from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr338.17 Billion | +10.33% |
| 2023-12-31 | Nkr306.50 Billion | +16.18% |
| 2022-12-31 | Nkr263.81 Billion | +12.47% |
| 2021-12-31 | Nkr234.57 Billion | +6.01% |
| 2020-12-31 | Nkr221.28 Billion | +12.23% |
| 2019-12-31 | Nkr197.17 Billion | +4.11% |
| 2018-12-31 | Nkr189.38 Billion | +8.10% |
| 2017-12-31 | Nkr175.19 Billion | +7.64% |
| 2016-12-31 | Nkr162.75 Billion | +0.67% |
| 2015-12-31 | Nkr161.66 Billion | +9.92% |
| 2014-12-31 | Nkr147.07 Billion | +9.43% |
| 2013-12-31 | Nkr134.40 Billion | +5.14% |
| 2012-12-31 | Nkr127.83 Billion | +10.21% |
| 2011-12-31 | Nkr115.98 Billion | +10.17% |
| 2010-12-31 | Nkr105.28 Billion | +7.80% |
| 2009-12-31 | Nkr97.66 Billion | +2.92% |
| 2008-12-31 | Nkr94.89 Billion | +26.44% |
| 2007-12-31 | Nkr75.05 Billion | +24.60% |
| 2006-12-31 | Nkr60.23 Billion | +10.15% |
| 2005-12-31 | Nkr54.68 Billion | +18.19% |
| 2004-12-31 | Nkr46.27 Billion | +14.66% |
| 2003-12-31 | Nkr40.35 Billion | +13.83% |
| 2002-12-31 | Nkr35.45 Billion | +9.52% |
| 2001-12-31 | Nkr32.37 Billion | +4.08% |
| 2000-12-31 | Nkr31.10 Billion | -- |