SpareBank 1 Ringerike Hadeland operates within the Commercial banks sector.
In addition to historical fundamental analyses, the complete report available to purchase compares SpareBank 1 Ringerike Hadeland with three other
companies in this sector in Norway:
sales of 960.98 million Norwegian Kroner [US$114.61 million]
of which 26%
(1.00 billion Norwegian Kroner [US$119.79 million]
of which 23%
was Lokalbanken), and
Sparebank 1 Ostfold Akershus
(879.81 million Norwegian Kroner [US$104.93 million]
of which 26%
During the year ended December of 2016, sales at
SpareBank 1 Ringerike Hadeland were NOK 938.95 million (US$111.98 million).
a very small
increase of 1.1%
versus 2015, when the company's sales were NOK 928.47 million.
Despite this increase, sales are still
below the level achieved in 2014, when SpareBank 1 Ringerike Hadeland
reported sales of NOK 971.10 million.
Sales of Corporate saw an increase
that was more than double the company's growth rate: sales were up
51.4% in 2016, from
NOK 116.57 million to NOK 176.43 million.
SpareBank 1 Ringerike Hadeland also saw significant increases in sales in
Retail (up 7.7% to NOK 223.26 million)
Real Estate (up 20.7% to NOK 549,000.00 )
Not all segments of SpareBank 1 Ringerike Hadeland experienced an increase in sales in 2016:
sales of It and Accounting Services fell 25.6% to NOK 61,000.00 .
(However, this segment's sales were only a very small portion of the company's overall sales).