Sparebanken Sør Logo

Sparebanken Sør

ISIN: NO0006001502 | Ticker: SOR | LEI: 549300U497VKMF6R3Q14
Sector: FinancialsSub-Industry: Regional Banks
Country: Norway

About Sparebanken Sør

Company Description

Sparebanken Sør's history goes back to the year 1824 when Christiansand Sparebank was established as one of the first banks in Norway. Arendals Sparebank was established in 1825. These two banks laid the foundation for Norway's fifth largest bank - Sparebanken Sør.

Year founded

1824

Served area

Norway

Headquarters

Postboks 200, 4662 Kristiansand – Norway

Financial statements

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Line item in (nok) 01.01.2021 01.01.2022 01.01.2023
Assets N/A 144,182,000,000.00 157,435,000,000.00
Property Plant And Equipment N/A 463,000,000.00 458,000,000.00
Intangible Assets Other Than Goodwill N/A 64,000,000.00 80,000,000.00
Investment Accounted For Using Equity Method N/A 1,201,000,000.00 1,437,000,000.00
Equity And Liabilities N/A 144,182,000,000.00 157,435,000,000.00
Equity 13,752,000,000.00 14,941,000,000.00 15,779,000,000.00
Other Equity Interest N/A 11,729,000,000.00 9,499,000,000.00
Liabilities N/A 129,242,000,000.00 141,655,000,000.00
Deferred Tax Liabilities N/A 28,000,000.00 64,000,000.00
Line item in (nok) 01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Interest Income On Financial Assets Designated At Fair Value Through Profit Or Loss 326,000,000.00 581,000,000.00
Revenue From Dividends 7,000,000.00 13,000,000.00
Other Income 191,000,000.00 131,000,000.00
Employee Benefits Expense 606,000,000.00 659,000,000.00
Profit Loss From Operating Activities 1,531,000,000.00 1,690,000,000.00
Impairment Loss Impairment Gain And Reversal Of Impairment Loss Determined In Accordance With I F R S9 -18,000,000.00 74,000,000.00
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method 174,000,000.00 125,000,000.00
Profit Loss Before Tax 1,549,000,000.00 1,615,000,000.00
Income Tax Expense Continuing Operations 323,000,000.00 332,000,000.00
Profit (loss) 1,226,000,000.00 1,283,000,000.00
Profit Loss Attributable To Owners Of Parent 1,223,000,000.00 1,283,000,000.00
Profit Loss Attributable To Noncontrolling Interests 3,000,000.00 1,000,000.00
Line item in (nok) 01.01.2022 01.01.2023
Profit (loss) 1,226,000,000.00 1,283,000,000.00
Interest Paid Classified As Operating Activities 894,000,000.00 2,082,000,000.00
Interest Received Classified As Operating Activities 2,841,000,000.00 4,450,000,000.00
Income Taxes Paid Refund Classified As Operating Activities -346,000,000.00 -324,000,000.00
Other Inflows Outflows Of Cash Classified As Operating Activities -45,000,000.00 -68,000,000.00
Cash Flows From Used In Operating Activities -2,630,000,000.00 -3,267,000,000.00
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities 31,000,000.00 12,000,000.00
Purchase Of Property Plant And Equipment Classified As Investing Activities 76,000,000.00 63,000,000.00
Other Inflows Outflows Of Cash Classified As Investing Activities -279,000,000.00 -33,000,000.00
Cash Flows From Used In Investing Activities -89,000,000.00 -5,385,000,000.00
Other Inflows Outflows Of Cash Classified As Financing Activities 222,000,000.00 -271,000,000.00
Cash Flows From Used In Financing Activities 2,009,000,000.00 8,805,000,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes -711,000,000.00 152,000,000.00

Please note that some sums might not add up.

Filings & Publications

2022

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

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Capital markets information

ISIN

NO0006001502

LEI

549300U497VKMF6R3Q14

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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