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SpareBank 1 Ringerike Hadeland (OSL:RING) Gross-Profit-to-Asset % : 3.96% (As of Mar. 2025)


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What is SpareBank 1 Ringerike Hadeland Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. SpareBank 1 Ringerike Hadeland's annualized Gross Profit for the quarter that ended in Mar. 2025 was kr1,252 Mil. SpareBank 1 Ringerike Hadeland's average Total Assets over the quarter that ended in Mar. 2025 was kr31,632 Mil. Therefore, SpareBank 1 Ringerike Hadeland's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2025 was 3.96%.


SpareBank 1 Ringerike Hadeland Gross-Profit-to-Asset % Historical Data

The historical data trend for SpareBank 1 Ringerike Hadeland's Gross-Profit-to-Asset % 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 Ringerike Hadeland Gross-Profit-to-Asset % Chart

SpareBank 1 Ringerike Hadeland Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.87 3.01 3.20 3.62 4.19

SpareBank 1 Ringerike Hadeland Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Gross-Profit-to-Asset % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.08 3.94 4.68 3.58 3.96

Competitive Comparison of SpareBank 1 Ringerike Hadeland's Gross-Profit-to-Asset %

For the Banks - Regional subindustry, SpareBank 1 Ringerike Hadeland's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SpareBank 1 Ringerike Hadeland's Gross-Profit-to-Asset % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, SpareBank 1 Ringerike Hadeland's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where SpareBank 1 Ringerike Hadeland's Gross-Profit-to-Asset % falls into.


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SpareBank 1 Ringerike Hadeland Gross-Profit-to-Asset % Calculation

SpareBank 1 Ringerike Hadeland's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Dec. 2024 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Dec. 2024 )/( (Total Assets (A: Dec. 2023 )+Total Assets (A: Dec. 2024 ))/ count )
=1294.5/( (30294+31534)/ 2 )
=1294.5/30914
=4.19 %

SpareBank 1 Ringerike Hadeland's annualized Gross-Profit-to-Asset % for the quarter that ended in Mar. 2025 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Mar. 2025 )/( (Total Assets (Q: Dec. 2024 )+Total Assets (Q: Mar. 2025 ))/ count )
=1252/( (31534+31729)/ 2 )
=1252/31631.5
=3.96 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Mar. 2025) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


SpareBank 1 Ringerike Hadeland Gross-Profit-to-Asset % Related Terms

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SpareBank 1 Ringerike Hadeland Business Description

Traded in Other Exchanges
Address
Sondre Torv 6, Honefoss, NOR, 3510
SpareBank 1 Ringerike Hadeland is a savings bank in Norway offering financing, placement, payment services, pensions, and life insurance. Its business is organized into two sections, personal and corporate market. The Bank serves less self-employed, agricultural, and business class customers as well. The Bank also provides credit cards, debit cards, structured products, stock savings, mobile banking and online banking services. The company has one segment, which is lending to finance commercial property, including lending that represents the joint debt of a condominium or housing association.