Svea Bank AB financials
Svea Bank AB
Country: SE Reporting currency: SEK Latest annual report: 2024-12-31
LEI:
54930034HWW2QC4U7Z48 Financial statements
(SEK, as reported — unscaled; 98 line items across 2 annual periods)
| Line item | 2024 | 2023 |
|---|---|---|
| Income statement | ||
| Other income | SEK 66.8M | SEK 95.0M |
| Administrative expenses | SEK 1.46B | SEK 1.50B |
| Operating expenses | SEK 3.04B | SEK 3.04B |
| Employee benefits expense | SEK 1.38B | SEK 1.31B |
| Operating profit (EBIT) | SEK 959.3M | SEK 366.8M |
| Income tax expense | SEK 143.3M | SEK 131.6M |
| Profit for the year | SEK 292.7M | SEK 528.9M |
| — attributable to owners | SEK 222.5M | SEK 497.3M |
| — attributable to NCI | SEK 876.0K | -SEK 2.6M |
| Total comprehensive income | SEK 574.0M | SEK 465.4M |
| Cash flow statement | ||
| Net cash from operating activities | -SEK 792.8M | SEK 2.66B |
| Income taxes paid | SEK 166.5M | SEK 344.1M |
| Net cash from investing activities | -SEK 1.04B | -SEK 229.3M |
| Purchase of PP&E (capex) | SEK 44.0M | SEK 27.6M |
| Purchase of intangibles | SEK 12.4M | SEK 21.6M |
| Net cash from financing activities | -SEK 350.9M | SEK 69.0M |
| Dividends paid | SEK 125.0M | SEK 50.0M |
| Lease liability payments | SEK 78.9M | SEK 73.8M |
| Balance sheet | ||
| Total assets | SEK 48.06B | SEK 45.03B |
| Property, plant & equipment | SEK 164.9M | SEK 180.3M |
| Right-of-use assets | SEK 367.4M | SEK 379.2M |
| Intangible assets & goodwill | SEK 301.4M | SEK 340.6M |
| Cash & equivalents | SEK 5.92B | SEK 8.09B |
| Total equity | SEK 6.56B | SEK 6.25B |
| Non-controlling interests | SEK 8.0M | SEK 5.3M |
| Deferred tax liabilities | SEK 39.0M | SEK 60.1M |
| Derived metrics | ||
| Free cash flow | -SEK 836.7M | SEK 2.63B |
| Return on equity | 4.5% | 8.5% |
| Cash conversion ratio | -2.71× | 5.03× |
| Capex coverage | -18.02× | 96.46× |
| Other reported items | ||
| Accruals and Deferred Income Including Contract Liabilities | SEK 559.5M | SEK 548.5M |
| Additional Paidin Capital | SEK 59.5M | SEK 59.5M |
| Adjustments For Decrease Increase In Loans and Advances To Customers | -SEK 4.45B | -SEK 4.93B |
| Adjustments For Decrease Increase In Other Assets | -SEK 294.4M | -SEK 31.7M |
| Adjustments For Gain Loss On Disposals Property Plant and Equipment | -SEK 27.0M | -SEK 1.5M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss Trade and Other Receivables | SEK 0 | -SEK 75.8M |
| Adjustments For Increase Decrease In Deposits From Banks | -SEK 265.8M | SEK 264.1M |
| Adjustments For Increase Decrease In Deposits From Customers | SEK 2.84B | SEK 5.59B |
| Adjustments For Increase Decrease In Other Liabilities | SEK 17.9M | SEK 301.5M |
| Adjustments For Interest Expense | SEK 53.4M | SEK 49.2M |
| Adjustments For Provisions | -SEK 45.0M | -SEK 10.0M |
| Adjustments For Undistributed Profits of Associates | SEK 69.0K | SEK 0 |
| Adjustments For Unrealised Foreign Exchange Losses Gains | SEK 173.1M | SEK 102.6M |
| Cash and Bank Balances At Central Banks | SEK 2.53B | SEK 5.00B |
| Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities | -SEK 778.8M | -SEK 795.0K |
| Cash Flows From Used In Operations Before Changes In Working Capital | SEK 1.68B | SEK 991.3M |
| Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities | SEK 5.4M | -SEK 27.3M |
| Comprehensive Income Attributable To Noncontrolling Interests | SEK 1.1M | -SEK 2.6M |
| Comprehensive Income Attributable To Owners of Parent | SEK 503.6M | SEK 433.8M |
| Deferred Tax Assets | SEK 85.8M | SEK 243.5M |
| Deposits From Banks | SEK 0 | SEK 265.2M |
| Deposits From Customers | SEK 39.16B | SEK 36.17B |
| Derivative Financial Assets | SEK 16.4M | SEK 183.6M |
| Derivative Financial Liabilities | SEK 31.4M | SEK 32.0M |
| Effect of Exchange Rate Changes On Cash and Cash Equivalents | SEK 12.4M | -SEK 150.9M |
| Equity and Liabilities | SEK 48.06B | SEK 45.03B |
| Equity Instruments Held | SEK 4.72B | SEK 3.88B |
| Fee and Commission Expense | SEK 214.6M | SEK 277.9M |
| Fee and Commission Income | SEK 1.96B | SEK 1.75B |
| Gains Losses On Financial Assets Measured At Fair Value Through Other Comprehensive Income Before Tax | SEK 260.1M | -SEK 131.1M |
| Impairment Loss Impairment Gain and Reversal of Impairment Loss Determined In Accordance With IFRS9 | SEK 782.3M | SEK 983.0M |
| Increase Decrease In Cash and Cash Equivalents | -SEK 2.18B | SEK 2.50B |
| Increase Decrease In Working Capital | SEK 2.48B | -SEK 1.67B |
| Increase Decrease Through Change In Equity of Subsidiaries | SEK 1.7M | — |
| Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control | -SEK 29.0K | -SEK 21.3M |
| Increase Decrease Through Transactions With Owners | -SEK 269.1M | SEK 119.5M |
| Increase Decrease Through Transfers and Other Changes Equity | — | SEK 0 |
| Interest Expense | SEK 1.39B | SEK 1.08B |
| Interest Revenue Expense | SEK 2.53B | SEK 2.47B |
| Investments In Associates Accounted For Using Equity Method | SEK 616.0K | SEK 547.0K |
| Issued Capital | SEK 50.5M | SEK 50.5M |
| Lease Liabilities | SEK 376.8M | SEK 387.3M |
| Liabilities | SEK 41.50B | SEK 38.78B |
| Loans and Advances To Customers | SEK 33.71B | SEK 29.41B |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | SEK 56.1M | SEK 0 |
| Other Assets | SEK 619.6M | SEK 406.0M |
| Other Comprehensive Income | SEK 281.2M | -SEK 63.5M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -SEK 85.5M | -SEK 98.8M |
| Other Expense By Nature | SEK 8.0M | SEK 8.8M |
| Other Liabilities | SEK 735.4M | SEK 673.3M |
| Other Reserves | SEK 208.6M | -SEK 98.4M |
| Prepayments and Accrued Income Including Contract Assets | SEK 75.0M | SEK 149.4M |
| Proceeds From Issue of Subordinated Liabilities | SEK 300.0M | SEK 0 |
| Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities | -SEK 116.0K | SEK 190.0K |
| Profit Loss From Continuing Operations | SEK 816.1M | SEK 235.2M |
| Profit Loss From Discontinued Operations | -SEK 523.3M | SEK 293.7M |
| Provisions | SEK 0 | SEK 45.0M |
| Reclassification Adjustments On Financial Assets Measured At Fair Value Through Other Comprehensive Income Before Tax | SEK 32.8M | -SEK 175.6M |
| Reduction of Issued Capital | SEK 75.0M | SEK 75.0M |
| Repayments of Bonds Notes and Debentures | SEK 0 | SEK 300.0M |
| Repayments of Subordinated Liabilities | SEK 300.0M | SEK 0 |
| Restricted Cash and Cash Equivalents | SEK 88.5M | SEK 55.7M |
| Retained Earnings | SEK 5.63B | SEK 5.63B |
| Revenue and Operating Income | SEK 4.67B | SEK 4.17B |
| Revenue From Dividends | SEK 30.7M | SEK 75.4M |
| Revenue From Interest | SEK 3.92B | SEK 3.54B |
| Share of Profit Loss of Associates Accounted For Using Equity Method | SEK 69.0K | -SEK 15.0K |
| Subordinated Liabilities | SEK 598.1M | SEK 600.8M |
Methodology
Every line item above is a fact tagged in Svea Bank AB'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.