SpareBank 1 Nord-Norge
SpareBank 1 Nord-Norge provides banking services in Northern Norway. The company operates through Retail Market and Corporate Market segments. It offers savings and pension accounts; deposits; bank guarantees; letters of credit; and foreign currency accounts, as well as debit and credit card services. The company provides mortgage, car, consumer, boat, caravans, vehicle, and green loans; and othe… Read more
SpareBank 1 Nord-Norge (SPXXF) - Total Assets
Latest total assets as of September 2025: $14.38 Billion USD
Based on the latest financial reports, SpareBank 1 Nord-Norge (SPXXF) holds total assets worth $14.38 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.
SpareBank 1 Nord-Norge - Total Assets Trend (2015–2024)
This chart illustrates how SpareBank 1 Nord-Norge’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
SpareBank 1 Nord-Norge - Asset Composition Analysis
Current Asset Composition (December 2024)
SpareBank 1 Nord-Norge's total assets of $14.38 Billion consist of 1.9% current assets and 98.1% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.0% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $614.74K | 0.0% |
| Goodwill | $16.33 Million | 0.1% |
Asset Composition Trend (2015–2024)
This chart illustrates how SpareBank 1 Nord-Norge'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: SpareBank 1 Nord-Norge's current assets represent 1.9% of total assets in 2024, a decrease from 5.5% in 2015.
- Cash Position: Cash and equivalents constituted 1.0% of total assets in 2024, down from 2.8% 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 goodwill at 0.1% of total assets.
SpareBank 1 Nord-Norge Competitors by Total Assets
Key competitors of SpareBank 1 Nord-Norge 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 |
SpareBank 1 Nord-Norge - 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 - SpareBank 1 Nord-Norge generates 0.07x 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, SpareBank 1 Nord-Norge generates $ 1.24 in net profit.
SpareBank 1 Nord-Norge - 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 | 0.31 | 2.78 | 0.12 |
| Quick Ratio | 0.31 | 2.78 | 0.12 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-519.02 Million | $ 1.24 Billion | $ -67.93 Billion |
SpareBank 1 Nord-Norge - Advanced Valuation Insights
This section examines the relationship between SpareBank 1 Nord-Norge'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 | - |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -5.5% |
| Total Assets | $11.91 Billion |
| Market Capitalization | $129.21 Million USD |
Valuation Analysis
Below Book Valuation: The market values SpareBank 1 Nord-Norge's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: SpareBank 1 Nord-Norge's assets decreased by 5.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for SpareBank 1 Nord-Norge (2015–2024)
The table below shows the annual total assets of SpareBank 1 Nord-Norge from 2015 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $11.91 Billion | -5.53% |
| 2023-12-31 | $12.61 Billion | +1.14% |
| 2022-12-31 | $12.47 Billion | -7.61% |
| 2021-12-31 | $13.50 Billion | -1.47% |
| 2020-12-31 | $13.70 Billion | +7.95% |
| 2019-12-31 | $12.69 Billion | -88.04% |
| 2018-12-31 | $106.16 Billion | +9.23% |
| 2017-12-31 | $97.19 Billion | +7.39% |
| 2016-12-31 | $90.50 Billion | +5.97% |
| 2015-12-31 | $85.40 Billion | -- |