Kvika banki hf. (ICE:KVIKA)

Kvika banki Balance Sheet

Financials in millions ISK. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	43,909	22,500	19,856	34,964	35,284	26,537
Investment Securities	76,716	71,883	78,242	68,865	43,456	42,609
Trading Asset Securities	2,573	12,254	10,039	34,577	44,161	11,301
Total Investments	79,288	84,137	88,281	103,442	87,617	53,910
Gross Loans	-	152,530	138,542	109,793	72,924	29,860
Allowance for Loan Losses	-	-2,327	-2,219	-2,653	-1,337	-536.65
Net Loans	-	150,203	136,323	107,139	71,588	29,323
Property, Plant & Equipment	650.54	1,782	2,469	2,942	2,664	641.37
Goodwill	-	17,784	17,783	26,042	24,258	2,944
Other Intangible Assets	21,440	3,909	4,124	8,038	7,197	618.74
Investments in Real Estate	340.42	-	-	1,165	1,100	1,017
Other Receivables	-	5,010	6,342	4,676	9,756	5,430
Restricted Cash	-	5,819	3,825	1,707	1,235	952.64
Other Current Assets	-	57,702	50,753	-	-	-
Long-Term Deferred Tax Assets	1,820	2,273	2,903	3,233	3,178	835.82
Other Long-Term Assets	10,704	3,473	2,738	6,322	2,362	986.92
Total Assets	342,816	354,594	335,397	299,670	246,240	123,196
Accounts Payable	-	7,531	9,327	2,117	974.52	324.39
Accrued Expenses	-	1,636	1,440	1,760	1,652	588.24
Interest Bearing Deposits	168,021	163,378	142,566	20,741	14,812	13,149
Non-Interest Bearing Deposits	-	-	-	91,505	63,858	46,776
Total Deposits	168,021	163,378	142,566	112,245	78,670	59,925
Short-Term Borrowings	646.7	2,932	2,197	11,388	18,659	30,178
Current Portion of Long-Term Debt	-	1,674	13,621	10,873	-	329.7
Current Income Taxes Payable	-	-	-	203.21	347.07	0.34
Other Current Liabilities	526.08	30,200	28,604	5,582	4,175	3,831
Long-Term Debt	67,450	55,468	53,112	49,259	37,580	7,316
Long-Term Leases	-	1,158	1,510	1,828	1,041	477.69
Long-Term Deferred Tax Liabilities	354.63	466.1	272.62	944.27	899.94	236.19
Other Long-Term Liabilities	38,219	633.17	790.19	22,382	23,874	781.41
Total Liabilities	275,217	265,077	253,440	218,581	167,872	103,988
Common Stock	4,612	4,660	4,722	4,781	4,790	2,141
Additional Paid-In Capital	45,888	46,750	47,662	48,603	50,316	4,291
Retained Earnings	13,790	37,219	28,969	26,785	20,155	9,420
Comprehensive Income & Other	3,231	809.1	533.22	842.67	3,156	3,335
Total Common Equity	67,520	89,439	81,886	81,012	78,417	19,187
Minority Interest	78.65	78.65	72.12	77.29	-49.06	21.03
Shareholders' Equity	67,599	89,517	81,958	81,089	78,368	19,208
Total Liabilities & Equity	342,816	354,594	335,397	299,670	246,240	123,196
Total Debt	68,097	61,233	70,440	73,347	57,280	38,301
Net Cash (Debt)	-21,615	-26,478	-40,544	-3,806	22,165	-463.86
Net Cash Per Share	-5.79	-5.64	-8.52	-0.80	5.28	-0.20
Filing Date Shares Outstanding	412.74	4,660	4,722	4,781	4,790	2,141
Total Common Shares Outstanding	412.74	4,660	4,722	4,781	4,790	2,141
Book Value Per Share	163.59	19.19	17.34	16.94	16.37	8.96
Tangible Book Value	46,080	67,745	59,979	46,932	46,961	15,624
Tangible Book Value Per Share	111.65	14.54	12.70	9.82	9.80	7.30

Updated Feb 12, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.