SPAREBANK 1 SØR-NORGE ASA financials
SPAREBANK 1 SØR-NORGE ASA
Country: NO Reporting currency: NOK Latest annual report: 2024-12-31
LEI:
549300Q3OIWRHQUQM052 Financial statements
(NOK, as reported — unscaled; 103 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Revenue | NOK 10.74B | NOK 8.74B |
| Other income | NOK 10.0M | NOK 9.0M |
| Operating expenses | NOK 3.94B | NOK 3.30B |
| Employee benefits expense | NOK 2.36B | NOK 2.05B |
| Depreciation & amortisation | NOK 186.0M | NOK 166.0M |
| Profit before tax | NOK 6.42B | NOK 5.68B |
| Income tax expense | NOK 1.22B | NOK 1.20B |
| Profit for the year | NOK 5.19B | NOK 4.47B |
| — attributable to owners | NOK 4.91B | NOK 4.30B |
| — attributable to NCI | NOK 1.0M | — |
| Total comprehensive income | NOK 5.02B | NOK 4.40B |
| Per share | ||
| Basic EPS | NOK 13.08 | NOK 16.27 |
| Diluted EPS | NOK 13.08 | NOK 16.27 |
| Cash flow statement | ||
| Cash generated from operations | -NOK 7.72B | NOK 8.66B |
| Net cash from investing activities | -NOK 819.0M | NOK 349.0M |
| Purchase of PP&E (capex) | NOK 184.0M | NOK 124.0M |
| Net cash from financing activities | NOK 9.63B | -NOK 8.35B |
| Dividends paid | NOK 1.98B | NOK 1.79B |
| Lease liability payments | NOK 75.0M | NOK 66.0M |
| Net change in cash | NOK 1.09B | NOK 663.0M |
| Balance sheet | ||
| Total assets | NOK 479.34B | NOK 362.19B |
| Property, plant & equipment | NOK 1.24B | NOK 948.0M |
| Right-of-use assets | NOK 478.0M | NOK 366.0M |
| Intangible assets & goodwill | NOK 4.07B | NOK 368.0M |
| Cash & equivalents | NOK 3.17B | NOK 2.08B |
| Total equity | NOK 52.64B | NOK 33.56B |
| Derived metrics | ||
| Net margin | 48.4% | 51.2% |
| Return on equity | 9.9% | 13.3% |
| Other reported items | ||
| Adjustments For Decrease Increase In Financial Assets Held For Trading | NOK 177.0M | NOK 6.89B |
| Adjustments For Decrease Increase In Loans and Advances To Customers | -NOK 23.63B | -NOK 19.05B |
| Adjustments For Increase Decrease In Deposits From Banks | -NOK 267.0M | NOK 6.13B |
| Adjustments For Increase Decrease In Deposits From Customers | -NOK 2.23B | NOK 977.0M |
| Cash and Bank Balances At Central Banks | NOK 119.0M | NOK 88.0M |
| Cash On Hand | NOK 119.0M | NOK 88.0M |
| Changes In Equity | NOK 13.53B | -NOK 812.0M |
| Current Tax Liabilities | NOK 1.18B | NOK 2.71B |
| Debt Securities | NOK 180.85B | NOK 138.35B |
| Deferred Tax Assets | NOK 2.40B | NOK 2.61B |
| Deposits From Banks | NOK 695.0M | NOK 3.19B |
| Deposits From Customers | NOK 204.01B | NOK 149.08B |
| Derivative Financial Assets | NOK 11.44B | NOK 16.18B |
| Derivative Financial Liabilities | NOK 9.34B | NOK 13.70B |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | NOK 3.19B | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | NOK 850.00 | — |
| Dividends Received Classified As Investing Activities | NOK 152.0M | NOK 660.0M |
| Dividends Recognised As Distributions To Owners of Parent Relating To Prior Years | -NOK 1.98B | -NOK 1.79B |
| Equity and Liabilities | NOK 479.34B | NOK 362.19B |
| Equity Instruments Held | NOK 2.64B | NOK 680.0M |
| Fee and Commission Expense | NOK 116.0M | NOK 111.0M |
| Fee and Commission Income | NOK 2.39B | NOK 2.04B |
| Fee and Commission Income Expense | NOK 2.29B | NOK 1.94B |
| Gains Losses On Change In Value of Foreign Currency Basis Spreads Before Tax | -NOK 247.0M | -NOK 113.0M |
| Gains Losses On Financial Assets At Fair Value Through Profit Or Loss | -NOK 282.0M | NOK 315.0M |
| Impairment Loss Impairment Gain and Reversal of Impairment Loss Determined In Accordance With IFRS9 | NOK 387.0M | -NOK 232.0M |
| Income Tax Relating To Change In Value of Foreign Currency Basis Spreads of Other Comprehensive Income | -NOK 62.0M | -NOK 28.0M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | -NOK 2.0M | NOK 1.0M |
| Income Taxes Paid Refund Classified As Operating Activities | -NOK 2.71B | -NOK 1.35B |
| Increase Decrease Through Treasury Share Transactions | -NOK 4.0M | -NOK 2.0M |
| Interest Expense | NOK 16.30B | NOK 12.38B |
| Interest Paid Classified As Financing Activities | NOK 9.24B | NOK 7.38B |
| Interest Revenue Calculated Using Effective Interest Method | NOK 20.57B | NOK 15.96B |
| Investment Accounted For Using Equity Method | NOK 8.14B | NOK 6.00B |
| Issue of Equity | — | NOK 981.0M |
| Issued Capital | NOK 9.39B | NOK 6.61B |
| Lease Liabilities | NOK 505.0M | NOK 390.0M |
| Liabilities | NOK 426.70B | NOK 328.63B |
| Loans and Advances To Banks | NOK 12.71B | NOK 5.54B |
| Loans and Advances To Customers | NOK 374.12B | NOK 270.76B |
| Other Assets | NOK 1.13B | NOK 971.0M |
| Other Cash and Cash Equivalents | NOK 3.06B | NOK 2.00B |
| Other Cash Payments From Operating Activities | -NOK 3.50B | -NOK 3.19B |
| Other Comprehensive Income | -NOK 174.0M | -NOK 76.0M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | -NOK 8.0M | NOK 4.0M |
| Other Comprehensive Income Net of Tax Change In Value of Foreign Currency Basis Spreads | -NOK 185.0M | -NOK 85.0M |
| Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans | -NOK 6.0M | NOK 3.0M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | -NOK 168.0M | -NOK 78.0M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | -NOK 6.0M | NOK 3.0M |
| Other Debt Instruments Held | NOK 60.83B | NOK 57.68B |
| Other Expense By Nature | NOK 1.39B | NOK 1.08B |
| Other Inflows Outflows of Cash Classified As Operating Activities | NOK 2.05B | NOK 6.19B |
| Other Liabilities | NOK 1.27B | NOK 1.02B |
| Outflows of Cash From Investing Activities | NOK 903.0M | — |
| Payments of Other Equity Instruments | NOK 405.0M | NOK 695.0M |
| Proceeds From Issue of Bonds Notes and Debentures | NOK 40.17B | NOK 17.85B |
| Proceeds From Issue of Subordinated Liabilities | NOK 2.90B | NOK 1.50B |
| Proceeds From Issuing Other Equity Instruments | NOK 1.20B | NOK 2.15B |
| Proceeds From Issuing Shares | NOK 0 | NOK 981.0M |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | NOK 47.0M | NOK 0 |
| Proceeds From Sales Or Maturity of Financial Instruments Classified As Investing Activities | NOK 193.0M | NOK 253.0M |
| Purchase of Financial Instruments Classified As Investing Activities | NOK 124.0M | NOK 439.0M |
| Receipts From Royalties Fees Commissions and Other Revenue | NOK 2.25B | NOK 1.94B |
| Recognised Liabilities Defined Benefit Plan | NOK 431.0M | NOK 261.0M |
| Repayments of Bonds Notes and Debentures | NOK 21.69B | NOK 19.63B |
| Repayments of Subordinated Liabilities | NOK 700.0M | NOK 925.0M |
| Retained Earnings | NOK 21.04B | NOK 19.46B |
| Retained Earnings Profit Loss For Reporting Period | NOK 3.19B | NOK 1.98B |
| Revenue From Dividends | NOK 78.0M | NOK 66.0M |
| Revenue From Interest | NOK 3.25B | NOK 2.55B |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method | NOK 17.0M | NOK 6.0M |
| Share of Other Comprehensive Income of Associates and Joint Ventures Accounted For Using Equity Method That Will Be Reclassified To Profit Or Loss Net of Tax | NOK 17.0M | NOK 6.0M |
| Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method | NOK 1.14B | NOK 288.0M |
| Share Premium | NOK 14.72B | NOK 2.35B |
| Subordinated Liabilities | NOK 5.78B | NOK 2.78B |
Methodology
Every line item above is a fact tagged in SPAREBANK 1 SØR-NORGE ASA'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.