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Melhus Sparebank Company Snapshot
Melhus Sparebank operates in the Commercial banks sector. In addition to historical fundamental analyses, the complete report available to purchase compares Melhus Sparebank with three other companies in this sector in Norway: Holand Og Setskog Sparebank (2018 sales of 220.84 million Norwegian Kroner [US$24.15 million] of which 36% was PM), Skue Sparebank (348.75 million Norwegian Kroner [US$38.13 million] ), and Aurskog Sparebank (358.51 million Norwegian Kroner [US$39.20 million] of which 100% was Banking & Related Activities).

Sales Analysis. Melhus Sparebank reported sales of NOK 311.79 million (US$34.09 million) for the year ending December of 2018. This represents a very small increase of 1.8% versus 2017, when the company's sales were NOK 306.22 million. Despite this increase, sales are still well below the level achieved in 2016, when Melhus Sparebank reported sales of NOK 437.71 million. The sales level in 2018 was fairly close to the level five years ago: in 2013, Melhus Sparebank had sales of NOK 292.22 million. Sales of Unallocated saw an increase that was more than double the company's growth rate: sales were up 40.9% in 2018, from NOK 4.94 million to NOK 6.95 million. Melhus Sparebank also saw significant increases in sales in Private Market (up 5.8% to NOK 152.38 million) . Not all segments of Melhus Sparebank experienced an increase in sales in 2018: sales of Commercial Market fell 0.5% to NOK 93.30 million.
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Melhus Sparebank
  Stock Performance Chart for Melhus Sparebank
  Stock Data: Recent Stock Performance:
  Current Price (12/6/2019): 140.00
(Figures in Norwegian Kroner)
1 Week 0.7%   13 Weeks 9.4%  
4 Weeks 10.2%   52 Weeks 18.6%  
Melhus Sparebank Key Data:
  Ticker: MELG Country: Norway
  Exchanges: OSL Major Industry: Banks
    Sub Industry: Commercial Banks
  2018 Sales 311,793,000
(Year Ending Jan 2019).
Employees: 57
  Currency: Norwegian Kroner Market Cap: 388,671,500
  Fiscal Yr Ends: December Shares Outstanding: 2,776,225
  Share Type: Ordinaere Aksje Closely Held Shares: 1,191,655
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