Aktiebolaget Svensk Exportkredit financials
Aktiebolaget Svensk Exportkredit
Country: SE Reporting currency: SEK Latest annual report: 2024-12-31
LEI:
1FOLRR5RWTWWI397R131 Financial statements
(SEK, as reported — unscaled; 76 line items across 3 annual periods)
| Line item | 2024 | 2023 | 2022 |
|---|---|---|---|
| Income statement | |||
| Administrative expenses | SEK 229.0M | SEK 222.0M | SEK 216.0M |
| Operating expenses | SEK 758.0M | SEK 712.0M | SEK 712.0M |
| Employee benefits expense | SEK 445.0M | SEK 402.0M | SEK 402.0M |
| Profit before tax | SEK 2.12B | SEK 1.57B | SEK 1.47B |
| Income tax expense | SEK 438.0M | SEK 324.0M | SEK 305.0M |
| Profit for the year | SEK 1.68B | SEK 1.24B | SEK 1.17B |
| Total comprehensive income | SEK 1.97B | SEK 1.27B | SEK 1.18B |
| Per share | |||
| Basic EPS | SEK 422.00 | SEK 312.00 | SEK 292.00 |
| Diluted EPS | SEK 422.00 | SEK 312.00 | SEK 292.00 |
| Free cash flow / share | SEK 5030.15 | SEK 1459.18 | SEK -7088.89 |
| Cash flow statement | |||
| Net cash from operating activities | SEK 20.08B | SEK 5.84B | -SEK 28.24B |
| Income taxes paid | SEK 601.0M | SEK 528.0M | SEK 420.0M |
| Net cash from investing activities | -SEK 17.0M | -SEK 26.0M | -SEK 70.0M |
| Net cash from financing activities | -SEK 18.69B | -SEK 6.06B | SEK 20.13B |
| Dividends paid | SEK 248.0M | SEK 0 | SEK 414.0M |
| Proceeds from borrowings | SEK 120.90B | SEK 167.28B | SEK 169.47B |
| Repayments of borrowings | SEK 130.02B | SEK 165.25B | SEK 149.83B |
| Lease liability payments | SEK 28.0M | SEK 28.0M | SEK 23.0M |
| Net change in cash | SEK 1.37B | -SEK 242.0M | -SEK 8.18B |
| Balance sheet | |||
| Total assets | SEK 368.09B | SEK 365.93B | — |
| Cash & equivalents | SEK 5.22B | SEK 3.48B | SEK 4.06B |
| Total equity | SEK 24.57B | SEK 22.85B | SEK 21.57B |
| Derived metrics | |||
| Free cash flow | SEK 20.06B | SEK 5.82B | -SEK 28.31B |
| Return on equity | 6.8% | 5.4% | 5.4% |
| Cash conversion ratio | 11.93× | 4.70× | -24.22× |
| Capex coverage | 1181.06× | 224.77× | -403.39× |
| Other reported items | |||
| Accruals and Deferred Income Including Contract Liabilities | SEK 8.80B | SEK 8.39B | — |
| Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | SEK 84.0M | SEK 88.0M | SEK 94.0M |
| Adjustments For Fair Value Gains Losses | -SEK 346.0M | -SEK 54.0M | -SEK 24.0M |
| Adjustments For Unrealised Foreign Exchange Losses Gains | SEK 9.0M | -SEK 1.0M | SEK 7.0M |
| Adjustments To Reconcile Profit Loss Other Than Changes In Working Capital | SEK 542.0M | SEK 1.26B | SEK 329.0M |
| Balances With Banks | SEK 186.0M | SEK 672.0M | SEK 255.0M |
| Cash Equivalents | SEK 5.03B | SEK 2.81B | SEK 3.81B |
| Corporate Loans | SEK 224.35B | SEK 224.16B | — |
| Deposits From Banks | SEK 8.61B | SEK 3.63B | — |
| Depreciation Amortisation and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | SEK 84.0M | SEK 88.0M | SEK 94.0M |
| Derivative Financial Assets | SEK 10.64B | SEK 6.43B | — |
| Derivative Financial Liabilities | SEK 5.23B | SEK 12.64B | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners | SEK 673.0M | SEK 248.0M | — |
| Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share | SEK 168.67 | — | — |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | SEK 369.0M | -SEK 336.0M | SEK 1.11B |
| Equity and Liabilities | SEK 368.09B | SEK 365.93B | — |
| Equity Instruments Held | SEK 20.0M | SEK 0 | — |
| Fee and Commission Income Expense | -SEK 46.0M | -SEK 51.0M | -SEK 31.0M |
| Government Debt Instruments Held | SEK 4.15B | SEK 11.53B | — |
| Impairment Loss Impairment Gain and Reversal of Impairment Loss Determined In Accordance With IFRS9 | SEK 93.0M | SEK 585.0M | SEK 34.0M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss | SEK 12.0M | SEK 13.0M | -SEK 25.0M |
| Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss | SEK 64.0M | -SEK 6.0M | SEK 30.0M |
| Interest Expense | SEK 16.26B | SEK 16.54B | SEK 4.55B |
| Interest Income On Other Financial Assets | SEK 5.69B | SEK 6.04B | SEK 166.0M |
| Interest Paid Classified As Operating Activities | SEK 15.87B | SEK 12.31B | SEK 2.23B |
| Interest Received Classified As Operating Activities | SEK 19.16B | SEK 15.62B | SEK 4.49B |
| Interest Revenue Calculated Using Effective Interest Method | SEK 13.63B | SEK 13.40B | SEK 6.56B |
| Interest Revenue Expense | SEK 3.06B | SEK 2.90B | SEK 2.18B |
| Issued Capital | SEK 3.99B | SEK 3.99B | — |
| Liabilities | SEK 343.52B | SEK 343.08B | — |
| Loans and Advances To Banks | SEK 13.53B | SEK 19.01B | — |
| Net Deferred Tax Assets | SEK 1.0M | SEK 13.0M | — |
| Other Adjustments To Reconcile Profit Loss | SEK 702.0M | SEK 641.0M | SEK 218.0M |
| Other Assets | SEK 286.0M | SEK 276.0M | — |
| Other Comprehensive Income | SEK 291.0M | SEK 27.0M | SEK 15.0M |
| Other Comprehensive Income Before Tax Cash Flow Hedges | SEK 56.0M | SEK 63.0M | -SEK 122.0M |
| Other Comprehensive Income Before Tax Change In Fair Value of Financial Liability Attributable To Change In Credit Risk of Liability | SEK 320.0M | -SEK 23.0M | SEK 99.0M |
| Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans | -SEK 9.0M | -SEK 6.0M | SEK 43.0M |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | SEK 44.0M | SEK 50.0M | -SEK 97.0M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | SEK 247.0M | -SEK 23.0M | SEK 112.0M |
| Other Debt Instruments Held | SEK 52.84B | SEK 41.56B | — |
| Other Liabilities | SEK 4.49B | SEK 4.27B | — |
| Other Reserves | SEK 204.0M | -SEK 87.0M | — |
| Prepayments and Accrued Income Including Contract Assets | SEK 8.14B | SEK 7.99B | — |
| Provisions | SEK 12.0M | SEK 51.0M | — |
| Purchase of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | SEK 17.0M | SEK 26.0M | SEK 70.0M |
| Repayments of Bonds Notes and Debentures | SEK 8.64B | SEK 10.93B | SEK 8.85B |
| Retained Earnings | SEK 20.38B | SEK 18.94B | — |
| Revenue and Operating Income | SEK 2.97B | SEK 2.87B | SEK 2.22B |
| Weighted Average Shares | 4.0M | 4.0M | — |
Methodology
Every line item above is a fact tagged in Aktiebolaget Svensk Exportkredit's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (SEK), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.