Avanza Bank Holding Logo

Avanza Bank Holding

ISIN: SE0012454072 | Ticker: AZA | LEI: 549300MBWR5H8SIJLE03
Sector: FinancialsSub-Industry: Regional Banks
Country: Sweden

About Avanza Bank Holding

Company Description

We started Avanza with a simple idea: we wanted to build a company we wanted to be customers of ourselves. That's why we always make sure to charge our customers as little as possible, while offering cheaper, better and easier products than anyone else.

We're revolutionising the banking industry and working to give millions of people a better future.

As a result, today we have:

- Over 1,000,000 satisfied users
- Named Bank of the Year for the third consecutive year, by Privata Affärer
- Sweden's most satisfied customers for the twelfth (12!) year in a row, according to the Swedish Quality Index.
- One of the market's largest offerings and really low fees on stock and fund trading
- A fund with no fees at all: Avanza Zero
- The world's cheapest global fund: Avanza Global
- Sweden's cheapest emerging market fund: Avanza Emerging Markets
- Mortgage+ with the same low interest rate for everyone, without any negotiation or full-customer requirements

Year founded

1999

Headquarters

Regeringsgatan 103, 11139 Stockholm – Sweden

Financial statements

Download as Excel
Line item in (sek) 01.01.2020 02.01.2020 01.01.2021 02.01.2021 01.01.2022 01.01.2023
Assets N/A N/A 204,775,000,000.00 N/A 279,082,000,000.00 241,091,000,000.00
Property Plant And Equipment N/A N/A 64,000,000.00 N/A 61,000,000.00 60,000,000.00
Investment Accounted For Using Equity Method N/A N/A 155,931,000,000.00 N/A 218,990,000,000.00 N/A
Cash and cash equivalents N/A 3,077,000,000.00 3,675,000,000.00 3,675,000,000.00 5,030,000,000.00 6,942,000,000.00
Equity And Liabilities N/A N/A 204,775,000,000.00 N/A 279,082,000,000.00 241,091,000,000.00
Equity 1,945,000,000.00 N/A 3,172,000,000.00 N/A 4,700,000,000.00 4,951,000,000.00
Issued Capital N/A N/A 77,000,000.00 N/A 78,000,000.00 78,000,000.00
Retained Earnings N/A N/A 2,372,000,000.00 N/A 3,989,000,000.00 4,229,000,000.00
Additional Paidin Capital N/A N/A 564,000,000.00 N/A 477,000,000.00 579,000,000.00
Equity Attributable To Owners Of Parent N/A N/A 3,172,000,000.00 N/A 4,700,000,000.00 4,951,000,000.00
Liabilities N/A N/A N/A N/A 274,382,000,000.00 236,140,000,000.00
Current Deposits From Customers N/A N/A 43,987,000,000.00 N/A 53,659,000,000.00 54,308,000,000.00
Line item in (sek) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Interest Revenue Calculated Using Effective Interest Method 364,000,000.00 428,000,000.00 935,000,000.00
Other Income 0.00 0.00 4,000,000.00
Depreciation And Amortisation Expense 84,000,000.00 70,000,000.00 81,000,000.00
Other Expense By Nature 38,000,000.00 41,000,000.00 50,000,000.00
Profit Loss From Operating Activities 1,576,000,000.00 2,437,000,000.00 1,940,000,000.00
Impairment Loss Impairment Gain And Reversal Of Impairment Loss Determined In Accordance With I F R S9 4,000,000.00 0.00 1,000,000.00
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method -6,000,000.00 0.00 0.00
Profit Loss Before Tax 1,576,000,000.00 2,437,000,000.00 1,940,000,000.00
Income Tax Expense Continuing Operations 242,000,000.00 390,000,000.00 274,000,000.00
Profit (loss) 1,335,000,000.00 2,047,000,000.00 1,666,000,000.00
Line item in (sek) 01.01.2021 02.01.2020 01.01.2022 02.01.2021 01.01.2023
Profit (loss) 1,335,000,000.00 N/A 2,047,000,000.00 N/A 1,666,000,000.00
Adjustments For Depreciation And Amortisation Expense 84,000,000.00 N/A 70,000,000.00 N/A 81,000,000.00
Interest Paid Classified As Operating Activities 80,000,000.00 N/A 106,000,000.00 N/A 147,000,000.00
Interest Received Classified As Operating Activities 364,000,000.00 N/A 428,000,000.00 N/A 935,000,000.00
Cash Flows From Used In Operating Activities 6,940,000,000.00 N/A 4,528,000,000.00 N/A 7,649,000,000.00
Purchase Of Property Plant And Equipment Classified As Investing Activities 49,000,000.00 N/A 22,000,000.00 N/A 27,000,000.00
Purchase Of Intangible Assets Classified As Investing Activities 14,000,000.00 N/A 34,000,000.00 N/A 17,000,000.00
Cash Flows From Used In Investing Activities -5,945,000,000.00 N/A -2,619,000,000.00 N/A -4,374,000,000.00
Proceeds From Issuing Other Equity Instruments 6,000,000.00 N/A 11,000,000.00 N/A 12,000,000.00
Payments Of Lease Liabilities Classified As Financing Activities 51,000,000.00 N/A 37,000,000.00 N/A 40,000,000.00
Dividends Paid Classified As Financing Activities 354,000,000.00 N/A 591,000,000.00 N/A 1,431,000,000.00
Cash Flows From Used In Financing Activities -398,000,000.00 N/A -554,000,000.00 N/A -1,363,000,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes 598,000,000.00 N/A 1,355,000,000.00 N/A 1,912,000,000.00
Cash and cash equivalents 3,675,000,000.00 3,077,000,000.00 5,030,000,000.00 3,675,000,000.00 6,942,000,000.00

Please note that some sums might not add up.

Filings & Publications

2022

Report
Q1
H1
Q3
FY
Consolidated Report
SWE
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

2021

Report
Q1
H1
Q3
FY
Consolidated Report
SWE
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

Insider Trades

Date Trading entity / Person Association Trade type Volume
12.02.24 Jesper Bonnivier Other Sell SEK 64,410.00
16.08.23 Sofia Maria Josefina Svavar Other Sell SEK 584,133.56
15.08.23 Sofia Maria Josefina Svavar Other Sell SEK 231,400.00
13.06.23 Sofia Sundström Other Buy SEK 8,619.00
16.05.23 Linda Teresia Hellström Other Buy SEK 120,304.80
10.05.23 Lars Johan Roos Other Buy SEK 115,184.30
09.05.23 Hans Toll Other Buy SEK 534,850.00
09.05.23 Leemon Wu Other Buy SEK 115,894.80
25.04.23 Sofia Sundström Other Buy SEK 106,250.00
24.04.23 John Hedberg Other Buy SEK 7,490,350.00

Capital markets information

ISIN

SE0012454072

LEI

549300MBWR5H8SIJLE03

Sector

Financials

Industry Group

Banks

Industry

Banks

Sub-Industry

Regional Banks

Listed Stock Exchange

Nasdaq Stockholm

Contact Investor Relations department

Stay up to date

Keep yourself informed with the most recent updates on FinancialReports, IPOs, product advancements, and other significant news.