Sandnes Sparebank Logo

Sandnes Sparebank

ISIN: NO0006001007 | Ticker: SADG | LEI: 549300G2EWXR3BRFKQ37
Sector: FinancialsSub-Industry: Regional Banks
Country: Norway

About Sandnes Sparebank

Company Description

Sandnes Sparebank is a Norway-based savings bank that offers a wide range of banking and investment products to retail and corporate customers. Services include daily banking, borrowing, personal insurance (children, death, health, disability, income), property insurance and savings. The Group has three segments: retail market (RM), corporate market (CM) and real estate. RM and CM represent banking operations, which are divided into two main customer groups. They also include general investment advisory services for the Bank's customers.

Year founded

1875

Served area

Norway

Headquarters

Postboks 1133, 4391 Sandnes – Norway

Financial statements

Download as Excel
Line item in (nok) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Assets N/A 29,235,211,000.00 29,372,644,000.00 32,220,764,000.00
Property Plant And Equipment N/A 6,122,000.00 3,539,000.00 3,360,000.00
Investments In Associates Accounted For Using Equity Method N/A 33,767,000.00 34,338,000.00 34,359,000.00
Deferred Tax Assets N/A 8,524,000.00 16,856,000.00 16,241,000.00
Cash and cash equivalents 574,422,000.00 488,564,000.00 439,933,000.00 502,195,000.00
Cash N/A 3,263,000.00 2,967,000.00 N/A
Equity And Liabilities N/A 29,235,211,000.00 29,372,644,000.00 32,220,764,000.00
Equity 3,019,434,000.00 2,951,880,000.00 3,074,960,000.00 3,396,882,000.00
Issued Capital N/A 230,149,000.00 230,149,000.00 230,149,000.00
Share Premium N/A 987,313,000.00 987,313,000.00 987,313,000.00
Treasury Shares N/A 21,034,000.00 20,952,000.00 20,694,000.00
Additional Paidin Capital N/A -135,093,000.00 -134,516,000.00 -132,390,000.00
Noncontrolling Interests N/A 4,542,000.00 4,514,000.00 4,198,000.00
Liabilities N/A 26,283,331,000.00 26,297,684,000.00 28,823,883,000.00
Deferred Tax Liabilities N/A 713,000.00 187,000.00 152,000.00
Line item in (nok) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Interest Revenue Calculated Using Effective Interest Method 688,046,000.00 612,622,000.00 878,506,000.00
Interest Income On Financial Assets Designated At Fair Value Through Profit Or Loss 86,418,000.00 46,846,000.00 111,210,000.00
Other Income 135,027,000.00 154,286,000.00 153,790,000.00
Employee Benefits Expense 146,550,000.00 161,941,000.00 179,795,000.00
Other Expense By Nature 98,767,000.00 133,681,000.00 127,913,000.00
Impairment Loss Impairment Gain And Reversal Of Impairment Loss Determined In Accordance With I F R S9 24,689,000.00 -32,340,000.00 11,345,000.00
Profit Loss Before Tax 310,932,000.00 328,238,000.00 314,040,000.00
Income Tax Expense Continuing Operations 50,160,000.00 46,933,000.00 47,874,000.00
Profit (loss) 260,772,000.00 281,305,000.00 266,166,000.00
Line item in (nok) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A 260,772,000.00 281,305,000.00 266,166,000.00
Dividends Received Classified As Operating Activities N/A 53,234,000.00 47,306,000.00 N/A
Income Taxes Paid Refund Classified As Operating Activities N/A 53,736,000.00 48,875,000.00 53,869,000.00
Other Inflows Outflows Of Cash Classified As Operating Activities N/A -214,749,000.00 -218,444,000.00 -268,295,000.00
Cash Flows From Used In Operating Activities N/A 437,850,000.00 -378,689,000.00 -1,351,158,000.00
Dividends Received Classified As Investing Activities N/A N/A 47,306,000.00 65,519,000.00
Cash Flows From Used In Investing Activities N/A 155,110,000.00 45,679,000.00 -60,795,000.00
Payments To Acquire Or Redeem Entitys Shares N/A 155,649,000.00 -659,000.00 -2,384,000.00
Payments Of Lease Liabilities Classified As Financing Activities N/A 16,966,000.00 13,001,000.00 14,190,000.00
Dividends Paid Classified As Financing Activities N/A 104,597,000.00 125,834,000.00 112,800,000.00
Interest Paid Classified As Financing Activities N/A 137,207,000.00 209,163,000.00 359,958,000.00
Cash Flows From Used In Financing Activities N/A -678,817,000.00 284,379,000.00 1,474,215,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes N/A -85,858,000.00 -48,630,000.00 62,262,000.00
Cash and cash equivalents 574,422,000.00 488,564,000.00 439,933,000.00 502,195,000.00

Please note that some sums might not add up.

Filings & Publications

2022

Report
Q1
H1
Q3
FY
Consolidated Report
NOB
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

2021

Report
Q1
H1
Q3
FY
Consolidated Report
NOB
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

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Capital markets information

ISIN

NO0006001007

LEI

549300G2EWXR3BRFKQ37

Sector

Financials

Industry Group

Banks

Industry

Banks

Sub-Industry

Regional Banks

Listed Stock Exchange

Oslo Børs

Main Stock Exchange

Contact Investor Relations department

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