SpareBank 1 Ringerike Hadeland Logo

SpareBank 1 Ringerike Hadeland

ISIN: NO0006390400 | Ticker: RING | LEI: 5967007LIEEXZX73ZK25
Sector: FinancialsSub-Industry: Regional Banks
Country: Norway

About SpareBank 1 Ringerike Hadeland

Company Description

SpareBank 1 Ringerike Hadeland is a Norwegian savings bank, headquartered in Hønefoss, Norway. The bank's main market is Ringerike in Buskerud and the Hadeland district of Oppland. The history of the bank goes back to 4 August 1833 with the establishment of Ringerikes Sparebank.

Year founded

1833

Served area

Norway

Headquarters

Postboks 518, Sentrum, 3504 Hønefoss – Norway

Financial statements

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Line item in (nok) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Assets N/A 27,239,000,000.00 27,984,000,000.00 29,610,000,000.00
Property Plant And Equipment N/A 141,000,000.00 124,000,000.00 115,000,000.00
Investment Accounted For Using Equity Method N/A 362,000,000.00 356,000,000.00 361,000,000.00
Investments In Subsidiaries N/A 0.00 0.00 0.00
Deferred Tax Assets N/A 23,000,000.00 29,000,000.00 36,000,000.00
Cash and cash equivalents 95,000,000.00 95,000,000.00 91,000,000.00 90,000,000.00
Equity And Liabilities N/A 27,239,000,000.00 27,984,000,000.00 29,610,000,000.00
Equity 3,785,000,000.00 3,935,000,000.00 4,182,000,000.00 4,324,000,000.00
Issued Capital N/A 1,565,000,000.00 1,565,000,000.00 1,565,000,000.00
Share Premium N/A 492,000,000.00 492,000,000.00 491,000,000.00
Other Reserves N/A 181,000,000.00 184,000,000.00 173,000,000.00
Noncontrolling Interests N/A 1,000,000.00 1,000,000.00 1,000,000.00
Liabilities N/A 23,304,000,000.00 23,802,000,000.00 25,285,000,000.00
Noncurrent Debt Instruments Issued N/A 5,135,000,000.00 5,252,000,000.00 5,549,000,000.00
Line item in (nok) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Revenue 832,000,000.00 921,000,000.00 949,000,000.00
Interest Revenue Calculated Using Effective Interest Method 619,000,000.00 562,000,000.00 867,000,000.00
Revenue From Dividends 16,000,000.00 15,000,000.00 31,000,000.00
Other Income 112,000,000.00 119,000,000.00 121,000,000.00
Employee Benefits Expense 206,000,000.00 215,000,000.00 227,000,000.00
Other Expense By Nature 142,000,000.00 154,000,000.00 168,000,000.00
Impairment Loss Impairment Gain And Reversal Of Impairment Loss Determined In Accordance With I F R S9 28,000,000.00 -6,000,000.00 19,000,000.00
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method 83,000,000.00 89,000,000.00 27,000,000.00
Profit Loss Before Tax 455,000,000.00 558,000,000.00 535,000,000.00
Income Tax Expense Continuing Operations 88,000,000.00 112,000,000.00 114,000,000.00
Profit (loss) 367,000,000.00 446,000,000.00 421,000,000.00
Profit Loss Attributable To Noncontrolling Interests 500,000.00 500,000.00 400,000.00
Line item in (nok) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A 367,000,000.00 446,000,000.00 421,000,000.00
Interest Paid Classified As Operating Activities N/A -121,000,000.00 -66,000,000.00 -202,000,000.00
Interest Received Classified As Operating Activities N/A 657,000,000.00 591,000,000.00 804,000,000.00
Other Inflows Outflows Of Cash Classified As Operating Activities N/A -5,000,000.00 -17,000,000.00 4,000,000.00
Cash Flows From Used In Operating Activities N/A 127,000,000.00 547,000,000.00 157,000,000.00
Dividends Received Classified As Investing Activities N/A 57,000,000.00 111,000,000.00 64,000,000.00
Cash Flows From Used In Investing Activities N/A -17,000,000.00 50,000,000.00 -121,000,000.00
Proceeds From Borrowings Classified As Financing Activities N/A 500,000,000.00 0.00 0.00
Repayments Of Borrowings Classified As Financing Activities N/A 0.00 500,000,000.00 0.00
Dividends Paid Classified As Financing Activities N/A 214,000,000.00 183,000,000.00 260,000,000.00
Cash Flows From Used In Financing Activities N/A -110,000,000.00 -601,000,000.00 -36,000,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes N/A 0.00 -4,000,000.00 -600,000.00
Cash and cash equivalents 95,000,000.00 95,000,000.00 91,000,000.00 90,000,000.00

Please note that some sums might not add up.

Filings & Publications

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

NO0006390400

LEI

5967007LIEEXZX73ZK25

Sector

Financials

Industry Group

Banks

Industry

Banks

Sub-Industry

Regional Banks

Listed Stock Exchange

Oslo Børs

Main Stock Exchange

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