Spar Nord Bank A/S (SPNO.CO) Financial Statements
Price: $208.5
Market Cap: $23.85B
Avg Volume: 157.69K
Market Cap: $23.85B
Avg Volume: 157.69K
Country: DK
Industry: Banks - Regional
Sector: Financial Services
Industry: Banks - Regional
Sector: Financial Services
Overview of Financial Statements
Financial statements are records that provide an overview of a company's financial performance and position. There are three main types of financial statements:
- Income Statement: Shows the company's revenue, expenses, and profit over a specific period.
- Balance Sheet: Provides a snapshot of the company's assets, liabilities, and equity at a specific point in time.
- Cash Flow Statement: Details the cash inflows and outflows from operating, investing, and financing activities over a period.
This page presents both annual and quarterly data for these financial statements. The charts below provide a visual representation of the key metrics from each statement, helping you to quickly understand the financial health of Spar Nord Bank A/S.
Income Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $5.51B | $5.69B | $4.07B | $3.73B | $5.39B | $3.23B | $3.00B | $3.15B | $3.19B | $3.36B |
| Cost of Revenue | $- | $163.00M | $- | $- | $- | $- | $- | $- | $- | $- |
| Gross Profit | $5.51B | $5.53B | $4.07B | $3.73B | $5.39B | $3.23B | $3.00B | $3.15B | $3.19B | $3.36B |
| Gross Profit Ratio | 100.00% | 97.10% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% |
| Research and Development Expenses | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| General and Administrative Expenses | $130.00M | $1.55B | $107.00M | $104.00M | $107.00M | $105.00M | $55.00M | $531.00M | $501.00M | $520.80M |
| Selling and Marketing Expenses | $77.00M | $70.00M | $65.00M | $58.00M | $62.00M | $79.00M | $91.00M | $111.00M | $90.60M | $95.00M |
| Selling General and Administrative Expenses | $207.00M | $1.62B | $172.00M | $162.00M | $169.00M | $184.00M | $146.00M | $642.00M | $591.60M | $615.80M |
| Other Expenses | $5.30B | $- | $2.17B | $2.08B | $4.02B | $1.83B | $1.78B | $1.29B | $1.29B | $1.33B |
| Operating Expenses | $5.51B | $1.62B | $2.34B | $2.24B | $4.19B | $2.01B | $1.92B | $1.93B | $1.89B | $1.95B |
| Cost and Expenses | $5.51B | $1.62B | $2.34B | $2.24B | $4.19B | $2.01B | $1.92B | $1.93B | $1.89B | $1.95B |
| Interest Income | $4.34B | $4.12B | $2.42B | $2.20B | $1.90B | $1.76B | $1.70B | $1.76B | $1.91B | $2.10B |
| Interest Expense | $818.00M | $577.00M | $412.00M | $468.00M | $316.00M | $193.00M | $150.00M | $188.00M | $242.40M | $321.40M |
| Depreciation and Amortization | $91.00M | $94.00M | $98.00M | $93.00M | $81.00M | $84.00M | $55.00M | $56.00M | $80.70M | $65.50M |
| EBITDA | $- | $- | $1.75B | $1.71B | $969.00M | $1.28B | $1.11B | $1.33B | $1.14B | $1.18B |
| EBITDA Ratio | 0.00% | 0.00% | 55.05% | 48.22% | 18.53% | 42.99% | 43.36% | 47.68% | 42.79% | 43.42% |
| Operating Income | $- | $4.07B | $2.14B | $1.70B | $918.00M | $1.30B | $1.24B | $1.44B | $1.27B | $1.40B |
| Operating Income Ratio | 0.00% | 71.50% | 52.64% | 45.64% | 17.04% | 40.32% | 41.52% | 45.74% | 39.83% | 41.47% |
| Total Other Income Expenses Net | $2.91B | $-928.00M | $-827.00M | $-779.00M | $-689.00M | $-660.00M | $-594.00M | $-562.00M | $-38.50M | $-133.30M |
| Income Before Tax | $2.91B | $3.14B | $1.73B | $1.70B | $918.00M | $1.30B | $1.09B | $1.25B | $1.03B | $1.07B |
| Income Before Tax Ratio | 52.72% | 55.19% | 42.52% | 45.64% | 17.04% | 40.32% | 36.52% | 39.76% | 32.23% | 31.92% |
| Income Tax Expense | $684.00M | $720.00M | $313.00M | $333.00M | $181.00M | $243.00M | $174.00M | $262.00M | $189.90M | $176.80M |
| Net Income | $2.22B | $2.42B | $1.42B | $1.37B | $737.00M | $1.06B | $920.00M | $989.00M | $838.20M | $896.80M |
| Net Income Ratio | 40.31% | 42.54% | 34.82% | 36.71% | 13.68% | 32.80% | 30.71% | 31.44% | 26.28% | 26.66% |
| EPS | $18.76 | $19.92 | $11.25 | $10.63 | $5.60 | $8.22 | $7.48 | $7.80 | $6.60 | $7.10 |
| EPS Diluted | $18.76 | $19.92 | $11.25 | $10.63 | $5.60 | $8.22 | $7.48 | $7.80 | $6.60 | $7.10 |
| Weighted Average Shares Outstanding | 115.91M | 119.19M | 121.82M | 122.94M | 122.93M | 122.94M | 122.96M | 122.95M | 124.16M | 125.38M |
| Weighted Average Shares Outstanding Diluted | 115.91M | 119.19M | 121.82M | 122.94M | 122.93M | 122.94M | 122.96M | 122.95M | 124.16M | 125.38M |
| SEC Filing | Source | Source | Source | Source | Source | Source | Source | Source | Source | Source |
Balance Sheet
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and Cash Equivalents | $2.26B | $1.72B | $3.66B | $3.28B | $2.47B | $3.42B | $3.09B | $2.73B | $2.77B | $3.35B |
| Short Term Investments | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Cash and Short Term Investments | $2.26B | $1.72B | $3.66B | $3.28B | $2.47B | $3.42B | $3.09B | $2.73B | $2.77B | $3.35B |
| Net Receivables | $869.00M | $- | $- | $- | $- | $- | $- | $- | $- | $671.00M |
| Inventory | $- | $- | $-2.69B | $-24.08B | $-24.75B | $-18.39B | $-17.62B | $-12.88B | $-16.34B | $- |
| Other Current Assets | $-869.00M | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Current Assets | $2.26B | $1.72B | $4.27B | $3.85B | $3.03B | $3.85B | $3.50B | $3.08B | $3.20B | $4.02B |
| Property Plant Equipment Net | $834.00M | $798.00M | $905.00M | $919.00M | $894.00M | $900.00M | $810.00M | $605.00M | $609.60M | $646.60M |
| Goodwill | $378.00M | $378.00M | $378.00M | $378.00M | $158.00M | $158.00M | $158.00M | $158.00M | $158.70M | $158.70M |
| Intangible Assets | $38.00M | $41.00M | $41.00M | $51.00M | $13.00M | $16.00M | $20.00M | $26.00M | $35.70M | $55.80M |
| Goodwill and Intangible Assets | $416.00M | $419.00M | $419.00M | $429.00M | $171.00M | $174.00M | $178.00M | $184.00M | $194.40M | $214.50M |
| Long Term Investments | $61.73B | $59.66B | $50.05B | $47.21B | $44.76B | $36.14B | $33.20B | $29.05B | $32.44B | $32.60B |
| Tax Assets | $- | $- | $201.00M | $- | $- | $- | $- | $- | $- | $6.00M |
| Other Non-Current Assets | $-62.98B | $72.76B | $-201.00M | $-48.56B | $-45.82B | $-37.22B | $-34.18B | $-29.83B | $-33.24B | $-6.00M |
| Total Non-Current Assets | $141.52B | $133.63B | $51.37B | $48.56B | $45.82B | $37.22B | $34.18B | $29.83B | $33.24B | $33.46B |
| Other Assets | $143.78B | $-448.00M | $68.30B | $64.13B | $53.23B | $52.05B | $45.10B | $47.45B | $42.03B | $38.88B |
| Total Assets | $143.78B | $134.90B | $123.94B | $116.53B | $102.08B | $93.11B | $82.79B | $80.37B | $78.47B | $76.36B |
| Account Payables | $216.00M | $158.00M | $79.00M | $36.00M | $22.00M | $24.00M | $18.00M | $12.00M | $19.00M | $45.10M |
| Short Term Debt | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Tax Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Deferred Revenue | $- | $- | $-2.49B | $-3.82B | $-4.48B | $-4.04B | $-2.42B | $19.00M | $24.00M | $25.70M |
| Other Current Liabilities | $-216.00M | $69.54B | $-79.00M | $-36.00M | $-22.00M | $-24.00M | $-18.00M | $-12.00M | $-19.00M | $-45.10M |
| Total Current Liabilities | $- | $69.69B | $79.00M | $36.00M | $22.00M | $24.00M | $18.00M | $12.00M | $18.80M | $45.10M |
| Long Term Debt | $- | $- | $7.97B | $6.64B | $4.28B | $4.22B | $- | $- | $- | $- |
| Deferred Revenue Non-Current | $- | $- | $- | $6.51B | $4.12B | $4.07B | $1.16B | $19.00M | $24.00M | $25.70M |
| Deferred Tax Liabilities Non-Current | $- | $- | $- | $4.00M | $19.00M | $20.00M | $173.00M | $136.00M | $108.50M | $122.80M |
| Other Non-Current Liabilities | $- | $48.68B | $-7.97B | $-6.64B | $-4.28B | $-4.22B | $- | $- | $- | $- |
| Total Non-Current Liabilities | $- | $48.68B | $79.00M | $6.52B | $4.14B | $4.09B | $1.33B | $1.14B | $1.09B | $1.09B |
| Other Liabilities | $129.16B | $2.54B | $111.31B | $98.06B | $87.53B | $79.24B | $72.20B | $70.24B | $68.73B | $67.34B |
| Total Liabilities | $129.16B | $120.92B | $111.47B | $104.61B | $91.69B | $83.35B | $73.55B | $71.39B | $69.85B | $68.47B |
| Preferred Stock | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Common Stock | $1.18B | $1.21B | $1.23B | $1.23B | $1.23B | $1.23B | $1.23B | $1.23B | $1.26B | $1.26B |
| Retained Earnings | $11.72B | $11.45B | $9.20B | $8.93B | $7.99B | $7.03B | $6.62B | $6.36B | $5.77B | $5.72B |
| Accumulated Other Comprehensive Income Loss | $- | $1.32B | $285.00M | $261.00M | $194.00M | $208.00M | $103.00M | $525.00M | $741.30M | $1.26B |
| Other Total Stockholders Equity | $1.73B | $- | $- | $- | $- | $- | $- | $861.00M | $862.40M | $-346.90M |
| Total Stockholders Equity | $14.63B | $13.98B | $12.47B | $11.92B | $10.39B | $9.76B | $9.24B | $8.97B | $8.63B | $7.89B |
| Total Equity | $14.63B | $13.98B | $12.47B | $11.92B | $10.39B | $9.76B | $9.24B | $8.97B | $8.63B | $7.89B |
| Total Liabilities and Stockholders Equity | $143.78B | $134.90B | $123.94B | $116.53B | $102.08B | $93.11B | $82.79B | $80.37B | $78.47B | $76.36B |
| Minority Interest | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Total Liabilities and Total Equity | $143.78B | $134.90B | $123.94B | $116.53B | $102.08B | $93.11B | $82.79B | $80.37B | $78.47B | $76.36B |
| Total Investments | $61.73B | $59.66B | $50.05B | $47.21B | $44.76B | $36.14B | $33.20B | $29.05B | $32.44B | $32.60B |
| Total Debt | $- | $11.07B | $7.97B | $6.52B | $4.14B | $4.09B | $1.33B | $1.14B | $1.09B | $1.09B |
| Net Debt | $-2.26B | $-1.72B | $4.31B | $3.24B | $1.67B | $667.00M | $-1.76B | $-1.59B | $-1.68B | $-2.26B |
Cash Flow Statement
| Breakdown | December 31, 2024 | December 31, 2023 | December 31, 2022 | December 31, 2021 | December 31, 2020 | December 31, 2019 | December 31, 2018 | December 31, 2017 | December 31, 2016 | December 31, 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Income | $2.91B | $2.37B | $1.73B | $1.70B | $918.00M | $1.30B | $1.09B | $1.25B | $1.03B | $1.07B |
| Depreciation and Amortization | $91.00M | $94.00M | $98.00M | $96.00M | $80.00M | $86.00M | $55.00M | $61.00M | $94.30M | $65.50M |
| Deferred Income Tax | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Stock Based Compensation | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Change in Working Capital | $-521.00M | $-6.84B | $-1.55B | $-1.87B | $-1.19B | $-2.15B | $-774.00M | $-689.00M | $-967.80M | $-2.74B |
| Accounts Receivables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Inventory | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Accounts Payables | $- | $- | $- | $- | $- | $- | $- | $- | $- | $- |
| Other Working Capital | $-521.00M | $-6.84B | $-1.55B | $-1.87B | $-1.19B | $-2.15B | $2.62B | $-7.17B | $-3.81B | $-5.24B |
| Other Non Cash Items | $-749.00M | $197.00M | $-752.00M | $-587.00M | $38.00M | $-954.00M | $-221.00M | $-40.00M | $-62.30M | $-191.70M |
| Net Cash Provided by Operating Activities | $1.73B | $-4.18B | $-473.00M | $-658.00M | $-149.00M | $-1.71B | $154.00M | $583.00M | $92.30M | $-1.79B |
| Investments in Property Plant and Equipment | $-69.00M | $-38.00M | $-55.00M | $-358.00M | $-47.00M | $-60.00M | $-116.00M | $-95.00M | $-79.00M | $-56.50M |
| Acquisitions Net | $-9.00M | $- | $-32.00M | $-99.00M | $-80.00M | $-47.00M | $-19.00M | $-9.00M | $-575.30M | $22.10M |
| Purchases of Investments | $- | $- | $-6.23B | $-99.00M | $-5.28B | $-389.00M | $-5.73B | $-14.00M | $-25.80M | $-100.00K |
| Sales Maturities of Investments | $- | $- | $6.23B | $2.49B | $5.28B | $32.00M | $247.00M | $4.04B | $1.20B | $3.96B |
| Other Investing Activities | $35.00M | $-75.00M | $49.00M | $-2.33B | $66.00M | $398.00M | $29.00M | $2.00M | $63.00M | $892.90M |
| Net Cash Used for Investing Activities | $-43.00M | $-113.00M | $-38.00M | $-390.00M | $-61.00M | $-66.00M | $-106.00M | $-102.00M | $-591.30M | $858.50M |
| Debt Repayment | $10.00M | $3.14B | $1.69B | $2.38B | $-6.00M | $2.62B | $170.00M | $51.00M | $4.00M | $-619.50M |
| Common Stock Issued | $889.00M | $512.00M | $451.00M | $504.00M | $433.00M | $369.00M | $294.00M | $457.00M | $512.40M | $639.20M |
| Common Stock Repurchased | $-1.29B | $-841.00M | $-645.00M | $-502.00M | $-431.00M | $-372.00M | $-295.00M | $-454.00M | $-658.00M | $-636.30M |
| Dividends Paid | $-1.17B | $-540.00M | $-615.00M | $-184.00M | $-49.00M | $-430.00M | $-430.00M | $-615.00M | $-374.70M | $-451.60M |
| Other Financing Activities | $-73.00M | $-70.00M | $-74.00M | $5.67B | $-92.00M | $-73.00M | $-31.00M | $-51.00M | $422.00M | $395.90M |
| Net Cash Used Provided by Financing Activities | $-1.64B | $2.20B | $809.00M | $2.50B | $-145.00M | $2.09B | $-292.00M | $-612.00M | $-95.10M | $-672.30M |
| Effect of Forex Changes on Cash | $- | $- | $- | $- | $- | $1.00M | $- | $102.00M | $- | $- |
| Net Change in Cash | $44.00M | $-2.10B | $298.00M | $1.46B | $-355.00M | $312.00M | $-244.00M | $-29.00M | $-594.10M | $-1.61B |
| Cash at End of Period | $2.09B | $2.04B | $4.14B | $3.84B | $2.38B | $2.74B | $2.43B | $2.67B | $2.70B | $3.30B |
| Cash at Beginning of Period | $2.04B | $4.14B | $3.84B | $2.38B | $2.74B | $2.43B | $2.67B | $2.70B | $3.30B | $4.90B |
| Operating Cash Flow | $1.73B | $-4.18B | $-473.00M | $-658.00M | $-149.00M | $-1.71B | $154.00M | $583.00M | $92.30M | $-1.79B |
| Capital Expenditure | $-73.00M | $-44.00M | $-55.00M | $-358.00M | $-47.00M | $-60.00M | $-116.00M | $-95.00M | $-79.00M | $-56.50M |
| Free Cash Flow | $1.65B | $-4.22B | $-528.00M | $-1.02B | $-196.00M | $-1.77B | $38.00M | $488.00M | $13.30M | $-1.85B |