SPAREBANKEN NARVIK

8514 NARVIK

Finances

Return on Equity

12,92 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	197 500 000	173 900 000	153 496 000	177 811 000
Net Income	158 986 000	91 546 000	64 814 000	73 690 000
Total Assets	7 495 094 000	7 285 523 000	6 742 414 000	6 140 185 000
Total Equity	1 230 863 000	1 106 525 000	1 029 480 000	873 585 000

Income (NOK)	2022	2021	2020	2019
Revenue	197 500 000	173 900 000	153 496 000	177 811 000
Expenditure	109 547 000	94 267 000	92 871 000	83 296 000
Operating Profit	109 473 000	95 917 000	81 770 000	94 515 000
Financial Income	0	0	0	0
Financial Costs	−2 198 000	−12 618 000	13 507 000	−1 216 000
Financial Balance	2 198 000	12 618 000	−13 507 000	1 216 000
Earnings Before Tax	111 671 000	108 535 000	68 263 000	95 731 000
Tax	−24 326 000	−23 975 000	−13 247 000	22 041 000
Net Income	158 986 000	91 546 000	64 814 000	73 690 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	490 221 000	506 882 000	471 785 000	338 531 000
Total Current Assets	6 947 864 000	6 776 172 000	6 268 534 000	5 801 654 000
Total Assets	7 495 094 000	7 285 523 000	6 742 414 000	6 140 185 000
Total Retained Equity	1 230 863 000	1 106 525 000	1 029 480 000	873 585 000
Total Equity	1 230 863 000	1 106 525 000	1 029 480 000	873 585 000
Total Long-Term Debt	33 624 000	40 269 000	29 429 000	9 339 000
Total Current Debt	6 185 816 000	6 109 474 000	5 655 828 000	5 257 261 000
Total Equity and Debt	7 495 096 000	7 285 524 000	6 742 412 000	0

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	197 500 000	173 900 000	153 496 000	177 811 000
Cost of Goods Sold	0	0	0	0
Salary Costs	50 083 000	47 507 000	43 349 000	38 424 000
Depreciation	4 677 000	4 755 000	5 797 000	5 189 000
Impairment	0	0	0	0
Expenditure	109 547 000	94 267 000	92 871 000	83 296 000
Operating Profit	109 473 000	95 917 000	81 770 000	94 515 000
Financial Income	0	0	0	0
Financial Costs	−2 198 000	−12 618 000	13 507 000	−1 216 000
Financial Balance	2 198 000	12 618 000	−13 507 000	1 216 000
Dividends	0	0	0	0
Net Income	158 986 000	91 546 000	64 814 000	73 690 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	2 946 000
Real Eastate	0	0	0	72 264 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	5 545 000
Total Tangible Assets	64 731 000	67 732 000	72 261 000	77 809 000
Total Fiancial Fixed Assets	425 490 000	439 150 000	399 524 000	257 776 000
Total Fixed Assets	490 221 000	506 882 000	471 785 000	338 531 000
Stock	0	0	0	0
Total Investments	871 951 000	918 918 000	874 021 000	508 784 000
Cash, Bank	0	0	0	0
Total Current Assets	6 947 864 000	6 776 172 000	6 268 534 000	5 801 654 000
Total Assets	7 495 094 000	7 285 523 000	6 742 414 000	6 140 185 000
Total Equity	1 230 863 000	1 106 525 000	1 029 480 000	873 585 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	33 624 000	40 269 000	29 429 000	9 339 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	6 181 931 000	6 090 256 000	5 573 578 000	5 250 536 000
Total Current Debt	6 185 816 000	6 109 474 000	5 655 828 000	5 257 261 000
Total Equity and Debt	7 495 096 000	7 285 524 000	6 742 412 000	0

Financial indicators	2022	2021	2020	2019
Return on Equity	12,92 %	8,27 %	6,3 %	8,44 %
Debt-to-Equity Ratio	0,03	0,04	0,03	0,01
Operating Profit Margin	55,43 %	55,16 %	53,27 %	53,15 %
Current Ratio	1,12	1,11	1,11	1,1
Quick Ratio	1,12	1,11	1,11	1,1
Equity Ratio	0,16	0,15	0,15	0,14
Gross Profit Margin	100 %	100 %	100 %	100 %