Kvika banki
ISIN: IS0000020469 | Ticker: KVIKA | LEI: 254900WR3I1Z9NPC7D84
Country: Iceland
Kvika’s core values are long-term thinking, simplicity, and courage. The Group focuses on fostering long-term relationships with its customers by providing high-quality and efficient financial services in core areas.
Kvika Bank is the parent company of the Kvika Group, which consists of five revenue divisions, two which are operated under the Kvika Bank brand and three in own-brand subsidiaries.
- Insurance
- Asset Management
- Commercial Banking
- Investment Banking
- UK
2002
Served areaEurope
Headcount349
HeadquartersKatrínartúni 2, 105 Reykjavík – Iceland
| Line item in (isk) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 | 01.01.2024 |
|---|---|---|---|---|---|
| Assets | N/A | 123,195,821,000.00 | 246,239,821,000.00 | 303,188,786,000.00 | 335,397,432,000.00 |
| Property Plant And Equipment | N/A | 162,373,000.00 | 405,695,000.00 | 480,706,000.00 | 618,361,000.00 |
| Investment Property | N/A | 1,016,905,000.00 | 1,100,000,000.00 | 1,165,398,000.00 | 0.00 |
| Investments In Associates Accounted For Using Equity Method | N/A | 42,240,000.00 | 67,000,000.00 | 88,988,000.00 | 96,194,000.00 |
| Deferred Tax Assets | N/A | 835,816,000.00 | 3,177,763,000.00 | 3,232,933,000.00 | 2,902,580,000.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | N/A | N/A | N/A | 0.00 | 50,752,652,000.00 |
| Equity And Liabilities | N/A | 123,195,821,000.00 | 246,239,821,000.00 | 303,188,786,000.00 | 335,397,432,000.00 |
| Equity | 15,515,183,000.00 | 19,208,001,000.00 | 78,367,620,000.00 | 81,190,465,000.00 | 81,957,804,000.00 |
| Issued Capital | N/A | 2,141,002,000.00 | 4,790,139,000.00 | 4,781,026,000.00 | 4,722,073,000.00 |
| Retained Earnings | N/A | 7,740,546,000.00 | 13,696,745,000.00 | 24,661,171,000.00 | 25,171,754,000.00 |
| Share Premium | N/A | 4,290,521,000.00 | 50,316,002,000.00 | 48,602,825,000.00 | 47,661,777,000.00 |
| Other Reserves | N/A | 5,014,902,000.00 | 9,613,793,000.00 | 3,068,159,000.00 | 4,330,081,000.00 |
| Equity Attributable To Owners Of Parent | N/A | 19,186,971,000.00 | 78,416,678,000.00 | 81,113,180,000.00 | 81,885,685,000.00 |
| Noncontrolling Interests | N/A | 21,030,000.00 | -49,058,000.00 | 77,285,000.00 | 72,119,000.00 |
| Liabilities | N/A | 103,987,820,000.00 | 167,872,201,000.00 | 221,998,322,000.00 | 253,439,628,000.00 |
| Deferred Tax Liabilities | N/A | 236,186,000.00 | 899,942,000.00 | 944,274,000.00 | 272,615,000.00 |
| Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | N/A | N/A | 0.00 | 24,941,611,000.00 |
| Line item in (isk) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
01.01.2023/ 01.01.2024 |
|---|---|---|---|---|
| Revenue From Interest | 3,719,984,000.00 | 7,084,596,000.00 | 15,208,446,000.00 | 22,425,240,000.00 |
| Other Income | 910,215,000.00 | 6,275,803,000.00 | 886,597,000.00 | 915,045,000.00 |
| Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 317,468,000.00 | -138,842,000.00 | 531,823,000.00 | 1,027,489,000.00 |
| Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 317,468,000.00 | -138,842,000.00 | 531,823,000.00 | 1,027,489,000.00 |
| Profit Loss Before Tax | 2,338,969,000.00 | 10,486,563,000.00 | 5,620,600,000.00 | 3,009,001,000.00 |
| Income Tax Expense Continuing Operations | -28,277,000.00 | -347,634,000.00 | 212,479,000.00 | 389,673,000.00 |
| Profit Loss From Continuing Operations | N/A | N/A | 4,353,127,000.00 | 2,303,887,000.00 |
| Profit Loss From Discontinued Operations | N/A | N/A | 560,255,000.00 | 1,730,389,000.00 |
| Profit (loss) | 2,273,231,000.00 | 10,663,444,000.00 | 4,913,381,000.00 | 4,034,276,000.00 |
| Profit Loss Attributable To Owners Of Parent | 2,348,621,000.00 | 10,734,181,000.00 | 4,882,945,000.00 | 4,018,503,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | -75,390,000.00 | -70,737,000.00 | 30,437,000.00 | 15,772,000.00 |
| Line item in (isk) | 01.01.2021 | 01.01.2022 | 01.01.2023 | 01.01.2024 |
|---|---|---|---|---|
| Profit (loss) | 2,273,231,000.00 | 10,663,444,000.00 | 4,913,381,000.00 | 4,034,276,000.00 |
| Adjustments For Income Tax Expense | -28,277,000.00 | -329,374,000.00 | 212,479,000.00 | 705,114,000.00 |
| Adjustments For Depreciation And Amortisation Expense | 301,238,000.00 | 1,966,889,000.00 | 1,584,933,000.00 | 1,109,490,000.00 |
| Adjustments For Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 334,773,000.00 | -138,842,000.00 | 531,823,000.00 | 1,027,489,000.00 |
| Adjustments For Undistributed Profits Of Associates | -7,427,000.00 | -27,566,000.00 | 26,725,000.00 | 35,756,000.00 |
| Other Adjustments To Reconcile Profit Loss | 87,851,000.00 | -71,925,000.00 | 98,030,000.00 | 94,801,000.00 |
| Interest Paid Classified As Operating Activities | 1,653,626,000.00 | 1,905,378,000.00 | 6,624,663,000.00 | 13,561,855,000.00 |
| Interest Received Classified As Operating Activities | 3,440,541,000.00 | 6,555,029,000.00 | 14,169,572,000.00 | 21,389,947,000.00 |
| Cash Flows From Used In Operating Activities | -4,161,843,000.00 | 26,781,893,000.00 | -2,189,865,000.00 | -14,829,515,000.00 |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | 169,536,000.00 | 0.00 | N/A | N/A |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | 0.00 | 160,551,000.00 | N/A | N/A |
| Purchase Of Intangible Assets Classified As Investing Activities | 354,053,000.00 | 458,271,000.00 | 835,246,000.00 | 1,539,716,000.00 |
| Cash Flows From Used In Investing Activities | 214,413,000.00 | 3,146,023,000.00 | -1,418,694,000.00 | -1,875,826,000.00 |
| Proceeds From Issuing Shares | N/A | 1,994,343,000.00 | 1,225,240,000.00 | 0.00 |
| Payments To Acquire Or Redeem Entitys Shares | N/A | 2,858,421,000.00 | 3,003,998,000.00 | 1,000,000,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | 197,076,000.00 | 299,701,000.00 | 410,412,000.00 | 424,085,000.00 |
| Dividends Paid Classified As Financing Activities | N/A | N/A | 0.00 | 1,912,410,000.00 |
| Cash Flows From Used In Financing Activities | 4,838,040,000.00 | -20,091,363,000.00 | 1,818,466,000.00 | 4,308,215,000.00 |
| Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | 890,610,000.00 | 9,836,553,000.00 | -1,790,093,000.00 | -12,397,126,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | 1,236,189,000.00 | -135,688,000.00 | -185,215,000.00 | 403,554,000.00 |
Please note that some sums might not add up.
IS0000020469
LEI254900WR3I1Z9NPC7D84
SectorOMX Iceland All-Share Index
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