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SpareBank 1 Sor Norge ASA (FRA:B4M1) Scaled Net Operating Assets : 0.69 (As of Dec. 2024)


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What is SpareBank 1 Sor Norge ASA 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.

SpareBank 1 Sor Norge ASA's operating assets for the quarter that ended in Dec. 2024 was €40,787.5 Mil. SpareBank 1 Sor Norge ASA's operating liabilities for the quarter that ended in Dec. 2024 was €18,472.0 Mil. SpareBank 1 Sor Norge ASA's Total Assets for the quarter that ended in Sep. 2024 was €32,234.6 Mil. Therefore, SpareBank 1 Sor Norge ASA's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was 0.69.


SpareBank 1 Sor Norge ASA 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.

SpareBank 1 Sor Norge ASA's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(A: Dec. 2024 )
=(Operating Assets (A: Dec. 2024 )-Operating Liabilities (A: Dec. 2024 ))/Total Assets (A: Dec. 2023 )
=(40787.516-18471.953)/31482.792
=0.71

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=40797.644 - 10.128
=40787.516

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=36317.56 - 17845.607 - 0
=18471.953

SpareBank 1 Sor Norge ASA's Scaled Net Operating Assets (SNOA) for the quarter that ended in Dec. 2024 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Dec. 2024 )
=(Operating Assets (Q: Dec. 2024 )-Operating Liabilities (Q: Dec. 2024 ))/Total Assets (Q: Sep. 2024 )
=(40787.516-18471.953)/32234.588
=0.69

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=40797.644 - 10.128
=40787.516

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=36317.56 - 17845.607 - 0
=18471.953

* 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 Sor Norge ASA Business Description

Traded in Other Exchanges
Address
Christen Tranesgate 35, Stavanger, NOR, 4007
SpareBank 1 Sor Norge ASA is a regional bank engaged in selling and procuring a wide range of financial products and services, investment services, leasing, estate agency, and accounting services. The company is organized around three customer segments: Retail customers, SME and Agriculture, and Large Corporations. The company operates in a geographical area bounded by Oslo in the southeast and Bergen in the northwest.