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SpareBank 1 Sørøst-Norge Balance Sheet Health
Financial Health criteria checks 4/6
SpareBank 1 Sørøst-Norge has total assets of NOK90.0B and total equity of NOK13.1B. Total deposits are NOK55.2B, and total loans are NOK73.4B.
Key information
6.9x
Asset to equity ratio
n/a
Net interest margin
| Total deposits | NOK 55.18b |
| Loan to deposit ratio | High |
| Bad loans | 0.9% |
| Allowance for bad loans | Low |
| Current ratio | Low |
| Cash & equivalents | NOK 1.97b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: SOONO's Assets to Equity ratio (6.9x) is low.
Allowance for Bad Loans: SOONO has a low allowance for bad loans (41%).
Low Risk Liabilities: 72% of SOONO's liabilities are made up of primarily low risk sources of funding.
Loan Level: SOONO has an appropriate level of Loans to Assets ratio (82%).
Low Risk Deposits: SOONO's Loans to Deposits ratio (133%) is high.
Level of Bad Loans: SOONO has an appropriate level of bad loans (0.9%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/04/06 03:06 |
| End of Day Share Price | 2024/01/08 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
SpareBank 1 Sørøst-Norge is covered by 4 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Geir Kristiansen | Beringer Finance AB |
| Håkon Astrup | DNB Markets |
| Žilvinas Jusaitis | Norne Securities AS |