SPAREBANK 1 ØSTLANDET financials
SPAREBANK 1 ØSTLANDET
Country: NO Reporting currency: NOK Latest annual report: 2024-12-31
LEI:
549300VRM6G42M8OWN49 Financial statements
(NOK, as reported — unscaled; 108 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | NOK 6.95B | NOK 5.34B |
| Other income | NOK 200.0M | NOK 182.0M |
| Operating expenses | NOK 2.60B | NOK 2.19B |
| Employee benefits expense | NOK 1.40B | NOK 1.21B |
| Depreciation & amortisation | NOK 154.0M | NOK 131.0M |
| Operating profit (EBIT) | NOK 3.36B | NOK 2.22B |
| Profit before tax | NOK 4.05B | NOK 2.85B |
| Income tax expense | NOK 696.0M | NOK 623.0M |
| Profit for the year | NOK 3.36B | NOK 2.22B |
| — attributable to owners | NOK 3.21B | NOK 2.15B |
| — attributable to NCI | NOK 30.0M | NOK 4.0M |
| Total comprehensive income | NOK 3.17B | NOK 2.05B |
| Cash flow statement | ||
| Net cash from operating activities | NOK 7.15B | NOK 5.17B |
| Income taxes paid | -NOK 563.0M | -NOK 210.0M |
| Net cash from investing activities | -NOK 834.0M | -NOK 324.0M |
| Purchase of PP&E (capex) | NOK 232.0M | NOK 101.0M |
| Net cash from financing activities | -NOK 6.21B | -NOK 5.62B |
| Dividends paid | NOK 1.29B | NOK 1.14B |
| Lease liability payments | NOK 42.0M | NOK 37.0M |
| Balance sheet | ||
| Total assets | NOK 210.57B | NOK 176.33B |
| Property, plant & equipment | NOK 688.0M | NOK 610.0M |
| Intangible assets & goodwill | NOK 1.43B | NOK 333.0M |
| Cash & equivalents | NOK 1.46B | NOK 1.35B |
| Total equity | NOK 26.21B | NOK 20.66B |
| Non-controlling interests | NOK 293.0M | NOK 267.0M |
| Deferred tax liabilities | NOK 640.0M | NOK 489.0M |
| Derived metrics | ||
| Free cash flow | NOK 6.92B | NOK 5.07B |
| Operating margin | 48.3% | 41.6% |
| Net margin | 48.3% | 41.6% |
| Return on equity | 12.8% | 10.8% |
| Cash conversion ratio | 2.13× | 2.33× |
| Capex coverage | 30.83× | 51.18× |
| Other reported items | ||
| Additional Paidin Capital | NOK 35.0M | NOK 38.0M |
| Adjustments For Decrease Increase In Loans and Advances To Customers | -NOK 5.62B | -NOK 2.83B |
| Adjustments For Increase Decrease In Deposits From Banks | NOK 958.0M | -NOK 2.48B |
| Adjustments For Increase Decrease In Deposits From Customers | NOK 10.30B | NOK 7.72B |
| Adjustments For Increase Decrease In Financial Liabilities Held For Trading | -NOK 1.22B | -NOK 2.75B |
| Adjustments For Interest Expense | -NOK 4.00B | -NOK 2.86B |
| Adjustments For Interest Income | NOK 8.80B | NOK 7.21B |
| Amount Removed From Reserve of Change In Value of Foreign Currency Basis Spreads and Included In Initial Cost Or Other Carrying Amount of Nonfinancial Asset Liability Or Firm Commitment For Which Fair Value Hedge Accounting Is Applied | NOK 35.0M | NOK 37.0M |
| Cash and Bank Balances At Central Banks | NOK 567.0M | NOK 497.0M |
| Changes In Equity | NOK 3.17B | NOK 2.05B |
| Current Tax Liabilities Current | NOK 608.0M | NOK 496.0M |
| Debt Instruments Held | NOK 35.54B | NOK 29.11B |
| Debt Securities | NOK 46.82B | NOK 41.65B |
| Deposits From Banks | NOK 3.14B | NOK 2.23B |
| Deposits From Customers | NOK 128.27B | NOK 106.53B |
| Derivative Financial Assets | NOK 2.14B | NOK 1.80B |
| Derivative Financial Liabilities | NOK 1.65B | NOK 2.04B |
| Diluted Earnings Loss Per Share From Continuing Operations | NOK 19.07 | NOK 12.99 |
| Dividends Paid Classified As Operating Activities | NOK 10.0M | -NOK 25.0M |
| Dividends Received Classified As Investing Activities | NOK 148.0M | NOK 65.0M |
| Equity and Liabilities | NOK 210.57B | NOK 176.33B |
| Equity Instruments Held | NOK 1.30B | NOK 828.0M |
| Fee and Commission Expense | NOK 124.0M | NOK 124.0M |
| Fee and Commission Income | NOK 1.61B | NOK 1.40B |
| Fee and Commission Income Expense | NOK 1.69B | NOK 1.46B |
| Gains Losses On Change In Value of Foreign Currency Basis Spreads Before Tax | -NOK 46.0M | -NOK 50.0M |
| Gains Losses On Financial Assets At Fair Value Through Profit Or Loss | NOK 1.04B | NOK 233.0M |
| Gains Losses On Financial Assets At Fair Value Through Profit Or Loss Designated As Upon Initial Recognition | NOK 321.0M | NOK 168.0M |
| Gains Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income Before Tax | NOK 1.0M | -NOK 8.0M |
| Gains Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income Net of Tax | NOK 530.0M | NOK 196.0M |
| Impairment Loss Impairment Gain and Reversal of Impairment Loss Determined In Accordance With IFRS9 | NOK 299.0M | NOK 307.0M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | NOK 0 | NOK 0 |
| Income Tax Relating To Financial Assets Measured At Fair Value Through Other Comprehensive Income | NOK 0 | -NOK 2.0M |
| Income Tax Relating To Hedges of Net Investments In Foreign Operations of Other Comprehensive Income | -NOK 12.0M | -NOK 12.0M |
| Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income | NOK 0 | NOK 1.0M |
| Increase Decrease In Cash and Cash Equivalents | NOK 105.0M | -NOK 770.0M |
| Increase Decrease Through Transfers and Other Changes Equity | — | -NOK 1.0M |
| Interest Expense | NOK 6.82B | NOK 5.04B |
| Interest Income On Financial Assets Designated At Fair Value Through Profit Or Loss | NOK 2.10B | NOK 1.52B |
| Interest Received Classified As Operating Activities | NOK 1.82B | NOK 1.33B |
| Interest Revenue Calculated Using Effective Interest Method | NOK 8.94B | NOK 7.18B |
| Interest Revenue Expense | NOK 4.21B | NOK 3.65B |
| Investment Accounted For Using Equity Method | NOK 6.77B | NOK 5.72B |
| Investments In Subsidiaries Joint Ventures and Associates | NOK 0 | NOK 0 |
| Issued Capital | NOK 6.79B | NOK 5.79B |
| Liabilities | NOK 184.35B | NOK 155.67B |
| Loans and Advances To Banks | NOK 2.85B | NOK 3.52B |
| Loans and Advances To Customers | NOK 158.20B | NOK 133.01B |
| Other Assets | NOK 1.08B | NOK 909.0M |
| Other Cash Receipts From Operating Activities | -NOK 2.42B | -NOK 2.04B |
| Other Comprehensive Income | NOK 3.17B | NOK 2.05B |
| Other Comprehensive Income Before Tax Change In Fair Value of Financial Liability Attributable To Change In Credit Risk of Liability | NOK 0 | -NOK 2.0M |
| Other Comprehensive Income Before Tax Change In Value of Foreign Currency Basis Spreads | — | -NOK 6.0M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | -NOK 1.0M | NOK 2.0M |
| Other Comprehensive Income Net of Tax Finance Income Expenses From Reinsurance Contracts Held Excluded From Profit Or Loss | NOK 183.0M | NOK 169.0M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -NOK 188.0M | -NOK 171.0M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Before Tax | NOK 5.0M | NOK 1.0M |
| Other Expense By Function | NOK 1.04B | NOK 847.0M |
| Other Inflows Outflows of Cash Classified As Investing Activities | NOK 18.0M | NOK 0 |
| Other Inflows Outflows of Cash Classified As Operating Activities | -NOK 3.20B | NOK 404.0M |
| Other Liabilities | NOK 985.0M | NOK 820.0M |
| Payments of Other Equity Instruments | NOK 300.0M | NOK 0 |
| Proceeds From Issue of Bonds Notes and Debentures | NOK 7.53B | NOK 4.00B |
| Proceeds From Issue of Subordinated Liabilities | NOK 628.0M | NOK 500.0M |
| Proceeds From Issuing Other Equity Instruments | NOK 1.02B | NOK 0 |
| Proceeds From Other Longterm Assets Classified As Investing Activities | -NOK 807.0M | -NOK 325.0M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | NOK 39.0M | NOK 38.0M |
| Receipts From Royalties Fees Commissions and Other Revenue | NOK 1.69B | NOK 1.46B |
| Repayments of Bonds Notes and Debentures | NOK 10.67B | NOK 6.44B |
| Repayments of Subordinated Liabilities | NOK 400.0M | NOK 400.0M |
| Revenue From Dividends | NOK 61.0M | NOK 29.0M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Before Tax | -NOK 154.0M | -NOK 128.0M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Not Be Reclassified To Profit Or Loss Before Tax | NOK 6.0M | NOK 2.0M |
| Share of Profit Loss of Joint Ventures Accounted For Using Equity Method | NOK 660.0M | NOK 36.0M |
| Share Premium | NOK 2.68B | NOK 848.0M |
| Subordinated Liabilities | NOK 2.25B | NOK 1.41B |
Methodology
Every line item above is a fact tagged in SPAREBANK 1 ØSTLANDET's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (NOK), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.