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 :
Sparebank1 BV
(2020
sales of 1.51 billion Norwegian Kroner [US$177.57 million]
),
Sparebanken Ost
(1.38 billion Norwegian Kroner [US$162.02 million]
), and
Komplett Bank Asa
(1.28 billion Norwegian Kroner [US$150.97 million]
).
Sales Analysis.
During the year ended December of 2020, sales at
Sparebanken More were NOK 1.67 billion (US$196.39 million).
This
is
a
sharp
decrease of 37.8%
versus 2019, when the company's sales were NOK 2.68 billion.
Contributing to the drop in overall sales was the 9.3% decline
in Private Customers, from NOK 913.00 million to NOK 828.00 million.
There were also decreases in sales in
Industry (down 3.6% to NOK 586.00 million)
.
However, these declines were partially offset by the increase in sales of
Real Estate (up 15.0% to NOK 23.00 million)
and
Eliminations (up 15.2% to NOK 76.00 million)
.