Sparebanken More operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sparebanken More with three other
companies in this sector in Norway:
sales of 1.25 billion Norwegian Kroner [US$157.30 million]
of which 24%
(2.25 billion Norwegian Kroner [US$282.74 million]
of which 100%
was Banking & Related Activities), and
Norwegian Finans Holding ASA
(3.16 billion Norwegian Kroner [US$397.63 million]
of which 51%
During the year ended December of 2016, sales at
Sparebanken More were NOK 2.25 billion (US$283.46 million).
increase of 3.0%
versus 2015, when the company's sales were NOK 2.19 billion.
Despite this increase, sales are still
below the level achieved in 2014, when Sparebanken More
reported sales of NOK 2.35 billion.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Sparebanken More had sales
of NOK 2.49 billion.
Sales of Private Customers saw an increase
2.6% in 2016, from
NOK 757.00 million to NOK 777.00 million.
Not all segments of Sparebanken More experienced an increase in sales in 2016:
sales of Real Estate fell 15.0% to NOK 17.00 million.
(However, this segment's sales were only a very small portion of the company's overall sales).
Sparebanken More also experienced decreases in sales in
Industry (down 6.8% to NOK 520.00 million)