SpareBank 1 Nord-Norge (OSL:NONG) Accounts Payable & Accrued Expense : kr1,437 Mil (As of Dec. 2023)

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What is SpareBank 1 Nord-Norge Accounts Payable & Accrued Expense?

SpareBank 1 Nord-Norge's quarterly accounts payable & accrued expense increased from Jun. 2023 (kr1,369 Mil) to Sep. 2023 (kr1,602 Mil) but then declined from Sep. 2023 (kr1,602 Mil) to Dec. 2023 (kr1,437 Mil).

SpareBank 1 Nord-Norge's annual accounts payable & accrued expense increased from Dec. 2021 (kr962 Mil) to Dec. 2022 (kr1,410 Mil) and increased from Dec. 2022 (kr1,410 Mil) to Dec. 2023 (kr1,437 Mil).

SpareBank 1 Nord-Norge Accounts Payable & Accrued Expense Historical Data

The historical data trend for SpareBank 1 Nord-Norge's Accounts Payable & Accrued Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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SpareBank 1 Nord-Norge Accounts Payable & Accrued Expense Chart

SpareBank 1 Nord-Norge Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Accounts Payable & Accrued Expense

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664.00

240.00

962.00

1,410.00

1,437.00

SpareBank 1 Nord-Norge Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Accounts Payable & Accrued Expense	Get a 7-Day Free Trial															1,410.00	843.00	1,369.00	1,602.00	1,437.00

SpareBank 1 Nord-Norge Accounts Payable & Accrued Expense Calculation

Accounts payable & accrued expense usually includes accounts payable, accrued compensation and related benefits, etc.

Accounts payable is money owed by a business to its suppliers shown as a liability on a company's balance sheet. It is distinct from notes payable liabilities, which are debts created by formal legal instrument documents.

It is part of the current portion of the liabilities (due within one year or within the normal operating cycle if longer) reflected on the balace sheet of the company. A higher Accounts Payable means lower Working Capital needed to operate the business.

SpareBank 1 Nord-Norge (OSL:NONG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » SpareBank 1 Nord-Norge (OSL:NONG) » Definitions » Accounts Payable & Accrued Expense

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Traded in Other Exchanges

0J1N:UK 93S:Germany

Address

Storgata 65, PO Box 6800, Tromso, NOR, 9008

Website

https://www.snn.no

SpareBank 1 Nord-Norge is a Norwegian banking services provider. Apart from general banking solutions, its areas of expertise include estate agency, asset financing, and accounting operations. The company operates with primary segments, namely Retail Banking, Corporate Banking, and leasing & Markets. The Retail Banking segment serves individual customers through the provision of retail banking products such as loans, deposits, cards, and insurances. The Corporate Banking segment focuses purely on corporate customers. The bank also provides real estate brokerage, trading in securities, active investment management, and value assessment.

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