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Kreditbanken AS (OCSE:KRE) Scaled Net Operating Assets : -0.04 (As of Dec. 2024)


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What is Kreditbanken AS 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.

Kreditbanken AS's operating assets for the quarter that ended in Dec. 2024 was kr5,466.8 Mil. Kreditbanken AS's operating liabilities for the quarter that ended in Dec. 2024 was kr5,702.7 Mil. Kreditbanken AS's Total Assets for the quarter that ended in Sep. 2024 was kr6,551.2 Mil. Therefore, Kreditbanken AS's scaled net operating assets (SNOA) for the quarter that ended in Dec. 2024 was -0.04.


Kreditbanken AS 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.

Kreditbanken AS'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 )
=(5466.751-5702.695)/5938.424
=-0.04

where

Operating Assets(A: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=6782.788 - 1316.037
=5466.751

Operating Liabilities(A: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5702.695 - 0 - 0
=5702.695

Kreditbanken AS'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 )
=(5466.751-5702.695)/6551.243
=-0.04

where

Operating Assets(Q: Dec. 2024 )
=Total Assets - Balance Sheet Cash And Cash Equivalents
=6782.788 - 1316.037
=5466.751

Operating Liabilities(Q: Dec. 2024 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=5702.695 - 0 - 0
=5702.695

* 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.


Kreditbanken AS Scaled Net Operating Assets Related Terms

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Kreditbanken AS Business Description

Industry
Traded in Other Exchanges
N/A
Address
H.P. Hanssens Gade 17, Aabenraa, DNK, 6200
Kreditbanken AS is Denmark based bank engaged in providing financial services and products to corporate and private customers. Its services includes deposits, savings account, credit cards, car loans, mortgages, insurance products, internet banking and investment advice.