Sparebank 1 Nord Norge operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Sparebank 1 Nord Norge with three other
companies in this sector in Norway:
sales of 1.77 billion Norwegian Kroner [US$303.24 million]
of which 100%
was Banking & Related Activities),
SpareBank 1 SMN
(5.19 billion Norwegian Kroner [US$888.16 million]
of which 22%
was CM), and
(2.49 billion Norwegian Kroner [US$425.35 million]
of which 49%
During the year ended December of 2012, sales at
Sparebank 1 Nord Norge were NOK 3.62 billion (US$618.62 million).
increase of 4.7%
versus 2011, when the company's sales were NOK 3.45 billion.
The sales level in 2012 was fairly close to the level five years ago: in 2007, Sparebank 1 Nord Norge had sales
of NOK 3.81 billion.
Sales of Unallocated saw an increase
that was more than double the company's growth rate: sales were up
95.9% in 2012, from
NOK 49.00 million to NOK 96.00 million.
Sparebank 1 Nord Norge also saw significant increases in sales in
Retail Customers (up 29.5% to NOK 1.25 billion)
Sp1 Finans As (up 10.6% to NOK 115.00 million)
Not all segments of Sparebank 1 Nord Norge experienced an increase in sales in 2012:
sales of Business Customers fell 38.1% to NOK 279.00 million.
Sparebank 1 Nord Norge also experienced decreases in sales in
Markets (down 20.0% to NOK 36.00 million)