Sparebanken Vest
Income Statement
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Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Sparebanken Vest's past years’ income statements indicate that its last revenue has increased compared to the previous period by 26% to $6,192,000,000. The net income raised on $3,545,000,000 and profit margin reached 57%. Total operating expenses were $1,567,000,000.
Profit Margin
| 2014 | 3.09B | 1.18B | 38.43% |
|---|---|---|---|
| 2015 | 2.81B | 1.04B | 37.26% |
| 2016 | 3.08B | 1.52B | 49.35% |
| 2017 | 3.13B | 1.41B | 45.21% |
| 2018 | 3.49B | 1.66B | 47.44% |
| 2019 | 3.87B | 2.06B | 53.28% |
| 2020 | 3.74B | 2.03B | 54.29% |
| 2021 | 4.12B | 2.51B | 60.86% |
| 2022 | 4.91B | 2.81B | 57.36% |
| 2023 | 6.19B | 3.54B | 57.25% |
SVEG.OL Income Statement (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 6.19B | 4.91B | 4.12B | 3.74B | 3.87B | 3.49B | 3.13B | 3.08B | 2.81B | 3.09B |
Cost of revenue | 74M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Gross profit | 6.11B | 4.91B | 4.12B | 3.74B | 3.87B | 3.49B | 3.13B | 3.08B | 2.81B | 3.09B |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | 64M | 67M | 63M | 60M | 0 | 52M | 51M | 57M | 60M | 67M |
Total operating expenses | 1.56B | 1.60B | 1.48B | 1.44B | 1.52B | 1.41B | 1.37B | 1.21B | 1.36B | 1.39B |
Operating income | 4.62B | 7.09B | 3.05B | 2.39B | 2.59B | 4.11B | 3.60B | 3.77B | 3.64B | 4.39B |
Other income (expenses), net | -207M | -3.59B | 2.65B | 79M | -1M | -1.95B | -250M | -1.82B | -250M | -267M |
Income before tax | 4.41B | 3.50B | 3.05B | 2.39B | 2.59B | 2.15B | 1.84B | 1.95B | 1.39B | 1.49B |
Income tax expense | 873M | 687M | 542M | 358M | 531M | 492M | 427M | 435M | 349M | 305M |
Net income | 3.54B | 2.81B | 2.51B | 2.03B | 2.06B | 1.66B | 1.41B | 1.52B | 1.04B | 1.18B |
Earnings per share | ||||||||||
Basic EPS | 5.03 | 10.28 | 9.16 | 7.35 | 7.46 | 27.75 | 5.42 | 6.24 | 6.32 | 6.3 |
Diluted EPS | 12.75 | 10.28 | 9.16 | 7.35 | 7.46 | 27.58 | 5.42 | 6.24 | 6.32 | 6.3 |
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