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.