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Sparebank 68 Grader Nord

Sparebank 68 Grader Nord

SB68 · OL · Financial Services / Banks - Regional

205.00NOK+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close205.00
Open205.00
Day Range205.00 – 205.00
52-Week Range169.32 – 229.90
Volume15
Market Cap613.90M
P/E (TTM)16.69
Forward P/E0.00
EPS12.34
Dividend Yield6.55%
Beta0.06
50-Day Avg212.12
200-Day Avg212.55

About

Sparebank 68° Nord, a savings bank, provides various banking services to the personal and corporate market in Norway. The company offers savings accounts; house, retirement, and mutual fund savings; debit and credit cards; and stock trading services. It also provides mortgage, housing, car and other vehicle, boat, and green loans; consumer loans and refinancing; insurance products; online and mobile banking; payment solutions; real estate agent services; and legal services. The company was founded in 1926 and is based in Leknes, Norway.

Company Details

  • SectorFinancial Services
  • IndustryBanks - Regional
  • CEOHugo Thode Hansen
  • Employees72
  • HeadquartersStorgata 9, Leknes, Norway, 8370, Norway
  • Websitehttps://68nord.no

Leadership

  • Hugo Thode HansenCEO & MD
  • Kristine Schultz VassengChief Financial Officer
  • Mr. Leif Jørgen JakobsenActing Local Bank Manager Ofoten - Head of Administration
  • Mr. Bjorn StrandCredit Manager & Compliance Manager
  • Mr. Ronny LilandHead of Department IT

Financials

Income Statement

Currency: NOK2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue92.37M163.68M204.11M246.35M278.61M328.84M359.28M362.55M
Growth (%)-+77.20%+24.70%+20.70%+13.09%+18.03%+9.26%+0.91%
Operating Income67.30M136.23M67.21M123.53M----
Operating Margin72.86%83.23%32.93%50.14%----
Net Income45.45M69.51M57.88M107.55M109.91M127.73M141.06M137.88M
Net Income Margin49.21%42.47%28.36%43.65%39.45%38.84%39.26%38.03%
Interest Expense39.92M76.08M66.67M57.59M127.32M284.61M370.78M379.17M
Interest Expense % of Total Revenue43.22%46.48%32.67%23.38%45.70%86.55%103.20%104.58%

Balance Sheet

Currency: NOK2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets4.07B6.27B9.74B10.28B11.08B11.74B12.12B12.81B
Total Liabilities3.56B5.55B8.56B9.00B9.71B10.27B10.56B11.17B
Total Equity509.94M725.71M1.19B1.28B1.37B1.47B1.55B1.64B
Cash63.96M8.58M12.53M72.79M70.43M72.81M75.27M79.69M
Net Debt743.90M1.40B2.11B2.04B2.21B2.43B2.44B2.47B

Cash Flow

Currency: NOK2018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow-103.79M-248.03M88.92M-418.38M-161.13M85.27M157.63M-56.31M
Investing Cash Flow-9.20M17.76M256.60M96.58M67.43M11.51M1.00M25.57M
Financing Cash Flow112.54M264.36M86.57M97.42M43.91M172.72M-201.69M-142.04M
Capital Expenditure1.33M1.83M4.43M8.43M1.85M2.28M1.46M2.27M
Free Cash Flow--249.85M73.39M-426.81M-162.97M80.76M156.17M-58.58M
FCF to OCF-100.74%82.53%102.01%101.15%94.71%99.07%104.03%

Earnings

Report DateNov 15, 2021Mar 22, 2022May 11, 2022Aug 14, 2022Nov 11, 2022Mar 15, 2023May 12, 2023Aug 14, 2023Nov 14, 2023Mar 7, 2024May 15, 2024Aug 14, 2024Nov 14, 2024Mar 13, 2025May 28, 2025Aug 14, 2025Nov 14, 2025Mar 12, 2026Mar 31, 2026Aug 13, 2026
EPS Estimate-4.00-4.503.102.504.094.254.174.234.224.874.633.803.364.014.054.173.454.05
EPS Actual2.903.112.324.173.973.463.714.743.782.823.844.183.824.423.115.254.262.564.205.48
Surprise--22.25%--7.33%28.06%38.40%-9.29%11.53%-9.35%-33.33%-9.00%-14.17%-17.49%16.32%-7.44%30.92%5.19%-38.61%21.74%35.31%
TimingPre-marketAfter-hoursPre-marketAfter-hours-Pre-marketPre-marketPre-marketAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hours-Pre-marketPre-marketPre-market-After-hours

Key Statistics & Ratios

Market Cap613.90M
Enterprise Value2.36B
Trailing P/E16.69
Forward P/E0.00
Price / Sales1.59
Price / Book0.38
EPS12.34
Book Value550.00
Revenue (TTM)384.94M
Gross Profit (TTM)384.94M
Profit Margin39.98%
Operating Margin59.60%
Return on Equity9.46%
Return on Assets1.18%
Shares Outstanding2.98M
Shares Float1.51M
Beta0.06
Dividend Yield6.55%
Dividend Rate13.50
Payout Ratio100.00%

Dividends

20261×
13.50Mar 27, 2026
20252×
3.00Oct 21, 202512.00Mar 28, 2025
20241×
12.00Mar 22, 2024
20231×
9.50Mar 31, 2023
20211×
2.50Nov 4, 2021