Kraft Bank ASA (OSL:KRAB) Scaled Net Operating Assets : 0.12 (As of Jun. 2023)

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What is Kraft Bank 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.

Kraft Bank ASA's operating assets for the quarter that ended in Jun. 2023 was kr3,897.7 Mil. Kraft Bank ASA's operating liabilities for the quarter that ended in Jun. 2023 was kr3,424.9 Mil. Kraft Bank ASA's Total Assets for the quarter that ended in Mar. 2023 was kr4,090.2 Mil. Therefore, Kraft Bank ASA's scaled net operating assets (SNOA) for the quarter that ended in Jun. 2023 was 0.12.

Kraft Bank 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.

Kraft Bank ASA'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 )
=	(3778.103	-	3291.769)	/	3723.523
=	0.13

where

	Operating Assets		(A: Dec. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3778.103	-	0
=	3778.103

	Operating Liabilities		(A: Dec. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3335.671	-	43.902	-	0
=	3291.769

Kraft Bank ASA's Scaled Net Operating Assets (SNOA) for the quarter that ended in Jun. 2023 is calculated as

	Scaled Net Operating Assets (SNOA)		(Q: Jun. 2023 )
=	(Operating Assets (Q: Jun. 2023 )	-	Operating Liabilities (Q: Jun. 2023 ))	/	Total Assets (Q: Mar. 2023 )
=	(3897.744	-	3424.878)	/	4090.163
=	0.12

where

	Operating Assets		(Q: Jun. 2023 )
=	Total Assets	-	Balance Sheet Cash And Cash Equivalents
=	3897.744	-	0
=	3897.744

	Operating Liabilities		(Q: Jun. 2023 )
=	Total Liabilities	-	Long-Term Debt & Capital Lease Obligation	-	Short-Term Debt & Capital Lease Obligation
=	3468.078	-	43.2	-	0
=	3424.878

* 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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Kraft Bank ASA (OSL:KRAB) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

709:Germany

Address

Fourth floor, Trim Towers, Larsamyra 18, Sandnes, NOR, 4313

Website

https://www.kraftbank.no

Kraft Bank ASA is a provider of banking services to its customers. The bank offers refinancing, savings products, loans, loans against mortgages in housing and other assets.