Spar Nord Bank A/S (FRA:0SR) Scaled Net Operating Assets : 0.17 (As of Mar. 2024)

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What is Spar Nord Bank A/S Scaled Net Operating Assets?

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Spar Nord Bank A/S's operating assets for the quarter that ended in Mar. 2024 was €17,750.8 Mil. Spar Nord Bank A/S's operating liabilities for the quarter that ended in Mar. 2024 was €14,740.0 Mil. Spar Nord Bank A/S's Total Assets for the quarter that ended in Dec. 2023 was €18,098.5 Mil. Therefore, Spar Nord Bank A/S's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2024 was 0.17.

Spar Nord Bank A/S Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Spar Nord Bank A/S's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(A: Dec. 2023 )
=	(Operating Assets (A: Dec. 2023 )	-	Operating Liabilities (A: Dec. 2023 ))	/	Total Assets (A: Dec. 2022 )
=	(17868.406	-	14737.903)	/	16659.156
=	0.19

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	18098.501	-	230.095
=	17868.406

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	16222.99	-	1485.087	-	0
=	14737.903

Spar Nord Bank A/S's Scaled Net Operating Assets (SNOA) for the quarter that ended in Mar. 2024 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Mar. 2024 )
=	(Operating Assets (Q: Mar. 2024 )	-	Operating Liabilities (Q: Mar. 2024 ))	/	Total Assets (Q: Dec. 2023 )
=	(17750.751	-	14740.01)	/	18098.501
=	0.17

where

	Operating Assets		(Q: Mar. 2024 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	18108.435	-	357.684
=	17750.751

	Operating Liabilities		(Q: Mar. 2024 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	16313.578	-	1573.568	-	0
=	14740.01

* 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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Spar Nord Bank A/S (FRA:0SR) Business Description

Industry

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Traded in Other Exchanges

0JH4:UK SPNO:Denmark

Address

Skelagervej 15, P.O. Box 162, Aalborg, DNK, 9100

Website

https://www.sparnord.com

Spar Nord Bank A/S is a retail bank operating in Denmark. About half of the bank's presence is in North Jutland. The company mostly grew outside its home base via mergers and acquisitions. It caters to common households and local small and medium-sized enterprises. The company's strategy emphasizes personalization and financial technology. Most of the bank's income is net interest income, followed by net fees, charges, and commissions. The majority of the bank's loan portfolio is business lending. The bank's business loan portfolio is diversified among several industries, most notably financial services, real estate, trade, and agriculture, hunting, and forestry.