SpareBank 1 Østfold Akershus Logo

SpareBank 1 Østfold Akershus

ISIN

NO0010285562

Ticker

SOAG

Sector

Financials

Sub-Industry

Regional Banks

Country

Norway

Year Founded

1835

About SpareBank 1 Østfold Akershus

Company Description

SpareBank 1 Østfold Akershus is a Norwegian savings bank, headquartered in Moss, Norway. The banks main market is Østfold and Akershus. The history of the bank can be traced back to 1835.

Served Area

Norway

Headquarters

Postboks 130
1501, Moss
Norway

Financial statements

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Line item in (nok) 02.01.2020 01.01.2021 02.01.2021 01.01.2022 02.01.2022 01.01.2023
Assets N/A 25,641,000,000.00 N/A 26,353,000,000.00 N/A 26,674,000,000.00
Property Plant And Equipment N/A 274,000,000.00 N/A 276,000,000.00 N/A 280,000,000.00
Investment Accounted For Using Equity Method N/A 528,000,000.00 N/A 549,000,000.00 N/A 559,000,000.00
Investments In Subsidiaries Joint Ventures And Associates N/A 0.00 N/A 0.00 N/A 0.00
Deferred Tax Assets N/A 1,000,000.00 N/A 11,000,000.00 N/A 16,000,000.00
Noncurrent Derivative Financial Assets N/A 65,000,000.00 N/A 17,000,000.00 N/A 30,000,000.00
Cash and cash equivalents 840,000,000.00 1,609,000,000.00 1,609,000,000.00 1,339,000,000.00 1,339,000,000.00 1,132,000,000.00
Shortterm Deposits Classified As Cash Equivalents N/A 1,518,000,000.00 N/A 1,245,000,000.00 N/A 1,039,000,000.00
Equity And Liabilities N/A 25,641,000,000.00 N/A 26,353,000,000.00 N/A 26,674,000,000.00
Equity 3,534,000,000.00 3,739,000,000.00 3,739,000,000.00 4,077,000,000.00 4,077,000,000.00 4,300,000,000.00
Issued Capital N/A 1,239,000,000.00 N/A 1,239,000,000.00 N/A 1,239,000,000.00
Share Premium N/A 247,000,000.00 N/A 247,000,000.00 N/A 247,000,000.00
Other Reserves N/A 284,000,000.00 N/A 290,000,000.00 N/A 269,000,000.00
Capital Reserve N/A 1,556,000,000.00 N/A 1,702,000,000.00 N/A 1,838,000,000.00
Additional Paidin Capital N/A 208,000,000.00 N/A 218,000,000.00 N/A 227,000,000.00
Liabilities N/A 21,903,000,000.00 N/A 22,276,000,000.00 N/A 22,375,000,000.00
Deferred Tax Liabilities N/A 4,000,000.00 N/A 1,000,000.00 N/A 4,000,000.00
Noncurrent Derivative Financial Liabilities N/A 45,000,000.00 N/A 22,000,000.00 N/A 111,000,000.00
Current Debt Instruments Issued N/A 4,729,000,000.00 N/A 4,122,000,000.00 N/A 3,747,000,000.00
Line item in (nok) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Revenue 843,000,000.00 920,000,000.00 989,000,000.00
Interest Income On Loans And Advances To Customers 566,000,000.00 497,000,000.00 718,000,000.00
Revenue From Dividends 23,000,000.00 19,000,000.00 27,000,000.00
Other Income 2,000,000.00 1,000,000.00 4,000,000.00
Employee Benefits Expense 213,000,000.00 222,000,000.00 235,000,000.00
Other Expense By Nature 155,000,000.00 155,000,000.00 176,000,000.00
Impairment Loss Impairment Gain And Reversal Of Impairment Loss Determined In Accordance With I F R S9 20,000,000.00 -7,000,000.00 9,000,000.00
Profit Loss Before Tax 455,000,000.00 549,000,000.00 567,000,000.00
Income Tax Expense Continuing Operations 86,000,000.00 106,000,000.00 115,000,000.00
Profit (loss) 369,000,000.00 443,000,000.00 452,000,000.00
Line item in (nok) 01.01.2021 02.01.2020 01.01.2022 02.01.2021 01.01.2023 02.01.2022
Profit (loss) 369,000,000.00 N/A 443,000,000.00 N/A 452,000,000.00 N/A
Interest Paid Classified As Operating Activities -215,000,000.00 N/A -135,000,000.00 N/A -235,000,000.00 N/A
Interest Received Classified As Operating Activities 600,000,000.00 N/A 533,000,000.00 N/A 737,000,000.00 N/A
Income Taxes Paid Refund Classified As Operating Activities -82,000,000.00 N/A -80,000,000.00 N/A -118,000,000.00 N/A
Cash Flows From Used In Operating Activities 804,000,000.00 N/A 744,000,000.00 N/A 315,000,000.00 N/A
Other Cash Payments To Acquire Equity Or Debt Instruments Of Other Entities Classified As Investing Activities -39,000,000.00 N/A -201,000,000.00 N/A -151,000,000.00 N/A
Purchase Of Property Plant And Equipment Classified As Investing Activities 0.00 N/A -15,000,000.00 N/A -15,000,000.00 N/A
Dividends Received Classified As Investing Activities 42,000,000.00 N/A 102,000,000.00 N/A 82,000,000.00 N/A
Other Inflows Outflows Of Cash Classified As Investing Activities -6,000,000.00 N/A -6,000,000.00 N/A -6,000,000.00 N/A
Cash Flows From Used In Investing Activities -1,000,000.00 N/A -109,000,000.00 N/A 75,000,000.00 N/A
Proceeds From Borrowings Classified As Financing Activities 950,000,000.00 N/A 625,000,000.00 N/A 950,000,000.00 N/A
Repayments Of Borrowings Classified As Financing Activities -935,000,000.00 N/A -1,171,000,000.00 N/A -1,234,000,000.00 N/A
Dividends Paid Classified As Financing Activities -159,000,000.00 N/A -93,000,000.00 N/A -214,000,000.00 N/A
Interest Paid Classified As Financing Activities -77,000,000.00 N/A -51,000,000.00 N/A -87,000,000.00 N/A
Cash Flows From Used In Financing Activities -33,000,000.00 N/A -906,000,000.00 N/A -597,000,000.00 N/A
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes 770,000,000.00 N/A -270,000,000.00 N/A -207,000,000.00 N/A
Cash and cash equivalents 1,609,000,000.00 840,000,000.00 1,339,000,000.00 1,609,000,000.00 1,132,000,000.00 1,339,000,000.00

Please note that some sums might not add up.

Filings & Publications

  • Consolidated Report 2022 - Q4 Norwegian 🇳🇴 Published: 09.05.2023
  • Consolidated Report 2021 - Q4 Norwegian 🇳🇴

Capital Markets Information

ISIN

NO0010285562

LEI

5967007LIEEXZX7D8W16

Industry Group

Banks

Industry

Banks

Sub-Industry

Regional Banks

Listed Stock Exchange

Oslo Børs

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