SPAREBANK 68 GRADER NORD

8370 LEKNES

Finances

Return on Equity

8,6 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	272 425 000	232 021 000	191 111 000	163 678 000
Net Income	117 739 000	115 697 000	102 625 000	69 514 000
Total Assets	11 075 842 000	10 279 543 000	9 743 691 000	6 271 013 000
Total Equity	1 369 370 000	1 283 070 000	1 187 193 000	725 707 000

Income (NOK)	2022	2021	2020	2019
Revenue	272 425 000	232 021 000	191 111 000	163 678 000
Expenditure	122 384 000	142 377 000	114 992 000	79 167 000
Operating Profit	156 226 000	104 038 000	89 117 000	84 511 000
Financial Income	0	0	0	0
Financial Costs	13 919 000	−35 144 000	13 913 000	−3 569 000
Financial Balance	−13 919 000	35 144 000	−13 913 000	3 569 000
Earnings Before Tax	142 307 000	139 182 000	75 204 000	88 080 000
Tax	−32 399 000	−31 638 000	−17 322 000	18 566 000
Net Income	117 739 000	115 697 000	102 625 000	69 514 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	291 962 000	346 331 000	406 684 000	217 267 000
Total Current Assets	10 712 369 000	9 859 344 000	9 324 476 000	6 053 746 000
Total Assets	11 075 842 000	10 279 543 000	9 743 691 000	6 271 013 000
Total Retained Equity	1 003 564 000	916 515 000	821 802 000	511 114 000
Total Equity	1 369 370 000	1 283 070 000	1 187 193 000	725 707 000
Total Long-Term Debt	145 541 000	148 665 000	113 049 000	60 741 000
Total Current Debt	9 531 577 000	8 803 134 000	8 419 713 000	5 484 564 000
Total Equity and Debt	11 075 842 000	10 279 542 000	9 743 690 000	0

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	0
Revenue	272 425 000	232 021 000	191 111 000	163 678 000
Cost of Goods Sold	0	0	0	0
Salary Costs	62 894 000	61 255 000	42 984 000	33 100 000
Depreciation	7 847 000	7 482 000	3 107 000	2 437 000
Impairment	0	0	0	0
Expenditure	122 384 000	142 377 000	114 992 000	79 167 000
Operating Profit	156 226 000	104 038 000	89 117 000	84 511 000
Financial Income	0	0	0	0
Financial Costs	13 919 000	−35 144 000	13 913 000	−3 569 000
Financial Balance	−13 919 000	35 144 000	−13 913 000	3 569 000
Dividends	0	0	0	0
Net Income	117 739 000	115 697 000	102 625 000	69 514 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	1 659 000
Real Eastate	0	0	0	13 185 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	3 632 000
Total Tangible Assets	49 821 000	55 821 000	18 178 000	16 817 000
Total Fiancial Fixed Assets	242 141 000	290 510 000	388 506 000	198 791 000
Total Fixed Assets	291 962 000	346 331 000	406 684 000	217 267 000
Stock	0	0	0	0
Total Investments	665 997 000	658 290 000	590 534 000	283 797 000
Cash, Bank	0	0	0	0
Total Current Assets	10 712 369 000	9 859 344 000	9 324 476 000	6 053 746 000
Total Assets	11 075 842 000	10 279 543 000	9 743 691 000	6 271 013 000
Total Equity	1 369 370 000	1 283 070 000	1 187 193 000	725 707 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	145 541 000	148 665 000	113 049 000	60 741 000
Creditors	0	0	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	9 370 273 000	8 703 425 000	8 144 690 000	5 285 340 000
Total Current Debt	9 531 577 000	8 803 134 000	8 419 713 000	5 484 564 000
Total Equity and Debt	11 075 842 000	10 279 542 000	9 743 690 000	0

Financial indicators	2022	2021	2020	2019
Return on Equity	8,6 %	9,02 %	8,64 %	9,58 %
Debt-to-Equity Ratio	0,11	0,12	0,1	0,08
Operating Profit Margin	57,35 %	44,84 %	46,63 %	51,63 %
Current Ratio	1,12	1,12	1,11	1,1
Quick Ratio	1,12	1,12	1,11	1,1
Equity Ratio	0,12	0,12	0,12	0,12
Gross Profit Margin	100 %	100 %	100 %	100 %