Sparebanken Vest Logo

Sparebanken Vest

ISIN: NO0006000900 | Ticker: SVEG | LEI: 213800M7T3CYVZ3ZRT12
Sector: FinancialsSub-Industry: Regional Banks
Country: Norway

About Sparebanken Vest

Company Description

Sparebanken Vest is the third largest savings bank in Norway, and the country's second oldest bank. Its predecessor, Bergens Sparebank, was established in 1823. The main offices lie in Bergen, though the bank has branches throughout Hordaland, Sogn og Fjordane and Rogaland.

Year founded

1823

Served area

Norway

Headquarters

Jonsvollsgaten 2, 5011 Bergen – 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 221,282,000,000.00 234,571,000,000.00 263,812,000,000.00
Property Plant And Equipment N/A 701,000,000.00 650,000,000.00 655,000,000.00
Other Intangible Assets N/A 333,000,000.00 308,000,000.00 276,000,000.00
Investments In Associates Accounted For Using Equity Method N/A 2,018,000,000.00 2,220,000,000.00 2,586,000,000.00
Deferred Tax Assets N/A 94,000,000.00 239,000,000.00 173,000,000.00
Cash and cash equivalents 437,000,000.00 217,000,000.00 334,000,000.00 143,000,000.00
Equity And Liabilities N/A 221,282,000,000.00 234,571,000,000.00 263,812,000,000.00
Equity 16,904,000,000.00 18,440,000,000.00 19,808,000,000.00 21,893,000,000.00
Issued Capital N/A 2,683,000,000.00 2,683,000,000.00 2,743,000,000.00
Share Premium N/A 1,837,000,000.00 1,837,000,000.00 1,966,000,000.00
Treasury Shares N/A 3,000,000.00 5,000,000.00 3,000,000.00
Liabilities N/A 202,842,000,000.00 214,763,000,000.00 241,919,000,000.00
Deferred Tax Liabilities N/A 0.00 0.00 N/A
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 4,209,000,000.00 3,904,000,000.00 6,335,000,000.00
Interest Income On Financial Assets Designated At Fair Value Through Profit Or Loss 917,000,000.00 621,000,000.00 1,336,000,000.00
Other Income 941,000,000.00 1,264,000,000.00 1,250,000,000.00
Depreciation And Amortisation Expense 188,000,000.00 208,000,000.00 218,000,000.00
Other Expense By Nature 163,000,000.00 141,000,000.00 177,000,000.00
Impairment Loss Impairment Gain And Reversal Of Impairment Loss Determined In Accordance With I F R S9 448,000,000.00 -31,000,000.00 52,000,000.00
Other Income Expense From Subsidiaries Jointly Controlled Entities And Associates 304,000,000.00 401,000,000.00 262,000,000.00
Profit Loss Before Tax 2,392,000,000.00 3,055,000,000.00 3,504,000,000.00
Income Tax Expense Continuing Operations 358,000,000.00 542,000,000.00 687,000,000.00
Profit (loss) 2,033,000,000.00 2,513,000,000.00 2,817,000,000.00
Profit Loss Attributable To Owners Of Parent 1,972,000,000.00 2,455,000,000.00 2,759,000,000.00
Line item in (nok) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A 2,033,000,000.00 2,513,000,000.00 2,817,000,000.00
Cash Flows From Used In Operating Activities N/A 1,739,000,000.00 2,156,000,000.00 2,381,000,000.00
Cash Flows From Losing Control Of Subsidiaries Or Other Businesses Classified As Investing Activities N/A N/A 0.00 141,000,000.00
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities N/A 1,553,000,000.00 5,000,000.00 0.00
Purchase Of Property Plant And Equipment Classified As Investing Activities N/A 145,000,000.00 93,000,000.00 123,000,000.00
Dividends Received Classified As Investing Activities N/A 51,000,000.00 9,000,000.00 37,000,000.00
Cash Flows From Used In Investing Activities N/A -19,437,000,000.00 -16,009,000,000.00 -26,914,000,000.00
Cash Flows From Used In Financing Activities N/A 17,478,000,000.00 13,969,000,000.00 24,342,000,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes N/A -220,000,000.00 117,000,000.00 -191,000,000.00
Cash and cash equivalents 437,000,000.00 217,000,000.00 334,000,000.00 143,000,000.00

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

Insider Trades

Sign up and we will give you access!

Capital markets information

ISIN

NO0006000900

LEI

213800M7T3CYVZ3ZRT12

Sector

Financials

Industry Group

Banks

Industry

Banks

Sub-Industry

Regional Banks

Listed Stock Exchange

Oslo Børs

Main Stock Exchange

Contact Investor Relations department

Stay up to date

Keep yourself informed with the most recent updates on FinancialReports, IPOs, product advancements, and other significant news.