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 founded1875
Served areaNorway
HeadquartersPostboks 1133, 4391 Sandnes – Norway
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.
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