SpareBank 1 Østfold Akershus

Oslo Stock Exchange SOAG.OL

SpareBank 1 Østfold Akershus Return on Assets (ROA) for the year ending December 31, 2023: 1.76%

SpareBank 1 Østfold Akershus Return on Assets (ROA) is 1.76% for the year ending December 31, 2023, a 3.81% change year over year. Return on assets measures profitability against assets; higher ROA indicates efficient asset use and profitability.
  • SpareBank 1 Østfold Akershus Return on Assets (ROA) for the year ending December 31, 2022 was 1.69%, a 0.80% change year over year.
  • SpareBank 1 Østfold Akershus Return on Assets (ROA) for the year ending December 31, 2021 was 1.68%, a 16.81% change year over year.
  • SpareBank 1 Østfold Akershus Return on Assets (ROA) for the year ending December 31, 2020 was 1.44%, a -14.40% change year over year.
  • SpareBank 1 Østfold Akershus Return on Assets (ROA) for the year ending December 31, 2019 was 1.68%, a 10.00% change year over year.
Key data
Date Return on Assets (ROA) Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio
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Oslo Stock Exchange: SOAG.OL

SpareBank 1 Østfold Akershus

CEO Mr. Arild Bjorn Hansen
IPO Date Dec. 27, 2007
Location Norway
Headquarters Varnaveien 43E
Employees 277
Sector Finance
Industries
Description

SpareBank 1 Østfold Akershus, a savings bank, provides various banking products and services in Østfold and the southern part of Akershus. The company offers savings, operating, tax deduction, deposit, placement, and currency accounts; and savings and investment products. It also provides consumer, construction, repayment, boat, motorcycle, and car loans; operating credit products; bank guarantees; liquidity loans with government guarantees; operating credit for agriculture; mortgage products; leasing and factoring services; and refinancing services. In addition, the company offers various insurance products, such as vehicle, house and travel, personal, animal, liability, work machine, interruption, condominium, cyber, truck, movable property, commercial building, project, transport, crime, bus, group life, health, leisure accident, occupational injury, accident insurance children, and sick pay insurance products; and pension products. Further, it provides credit, municipal payment, and other bank cards; payment terminal, debt collection, and document collection services; bonds, forwards, and currency options; accounting approved, invoice automatic, eGiro/Cremul, KID invoice, and OCR and eGiro payment services; and mobile and online banking services. The company was founded in 1835 and is headquartered in Moss, Norway.

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StockViz Staff

January 15, 2025

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