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Heder Bank Past Earnings Performance

Past criteria checks 0/6

Heder Bank has been growing earnings at an average annual rate of 12.6%, while the Consumer Finance industry saw earnings growing at 20.9% annually. Revenues have been growing at an average rate of 10.5% per year.

Key information

12.6%

Earnings growth rate

54.8%

EPS growth rate

Consumer Finance Industry Growth	9.8%
Revenue growth rate	10.5%
Return on equity	-19.4%
Net Margin	-484.2%
Last Earnings Update	30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Heder Bank makes and spends money. Based on latest reported earnings, on an LTM basis.

Earnings and Revenue History

OTCNO:HEBANK Revenue, expenses and earnings (NOK Millions)
Date	Revenue	Earnings	G+A Expenses
30 Sep 24	10	-48	32
30 Jun 24	16	-42	32
31 Mar 24	35	-25	33
31 Dec 23	35	-25	33
30 Sep 23	68	5	31
30 Jun 23	65	1	30
31 Mar 23	71	10	30
31 Dec 22	78	20	29
30 Sep 22	82	30	28
30 Jun 22	90	36	30
31 Mar 22	91	34	33
31 Dec 21	90	33	33
30 Sep 21	86	32	31
30 Jun 21	73	18	36
31 Mar 21	55	2	35
31 Dec 20	41	-15	33
30 Sep 20	24	-46	34
30 Jun 20	16	-46	29
31 Mar 20	7	-49	24
31 Dec 19	1	-51	26
30 Sep 19	4	-34	30
30 Jun 19	7	-28	30
31 Mar 19	-8	-42	39
31 Dec 18	-8	-39	39
30 Sep 18	-16	-40	38
30 Jun 18	-16	-39	35
31 Mar 18	5	-18	28
31 Dec 17	2	-16	23

Quality Earnings: HEBANK is currently unprofitable.

Growing Profit Margin: HEBANK is currently unprofitable.

Free Cash Flow vs Earnings Analysis

Past Earnings Growth Analysis

Earnings Trend: HEBANK is unprofitable, but has reduced losses over the past 5 years at a rate of 12.6% per year.

Accelerating Growth: Unable to compare HEBANK's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: HEBANK is unprofitable, making it difficult to compare its past year earnings growth to the Consumer Finance industry (3.2%).

Return on Equity

High ROE: HEBANK has a negative Return on Equity (-19.44%), as it is currently unprofitable.

Return on Assets

Return on Capital Employed

Discover strong past performing companies

Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/12/22 02:15
End of Day Share Price	2024/12/17 00:00
Earnings	2024/09/30
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	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* 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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

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 Github.

Analyst Sources

Heder Bank ASA is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.