Norion Bank AB (publ) (STO: NORION)

Norion Bank AB Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	3,537	3,203	3,050	5,228	3,916	4,899
Investment Securities	6,947	4,223	3,028	2,314	1,358	1,171
Trading Asset Securities	-	47	-	-	119	78
Mortgage-Backed Securities	-	745	742	307	195	236
Total Investments	6,947	5,015	3,770	2,621	1,672	1,485
Gross Loans	52,722	50,719	45,982	39,953	34,812	32,522
Allowance for Loan Losses	-5,312	-5,249	-4,492	-3,739	-2,984	-2,371
Net Loans	47,410	45,470	41,490	36,214	31,828	30,151
Property, Plant & Equipment	88	109	137	-	164	1
Goodwill	-	-	-	19	19	19
Other Intangible Assets	123	104	79	70	97	107
Accrued Interest Receivable	-	53	25	24	16	10
Other Receivables	-	41	9	12	78	129
Other Current Assets	129	60	116	105	28	83
Long-Term Deferred Tax Assets	-	-	-	-	-	9
Other Real Estate Owned & Foreclosed	-	-	-	-	158	-
Other Long-Term Assets	295	1	-	1	1	-
Total Assets	58,529	54,056	48,676	44,294	37,977	36,893
Accounts Payable	-	38	28	24	25	36
Accrued Expenses	1,352	750	624	692	454	231
Interest Bearing Deposits	45,879	42,663	36,842	31,351	31,112	29,560
Total Deposits	45,879	42,663	36,842	31,351	31,112	29,560
Short-Term Borrowings	13	-	57	77	-	-
Current Portion of Long-Term Debt	-	750	2,237	-	-	-
Current Income Taxes Payable	-	125	111	35	-	-
Accrued Interest Payable	-	292	109	77	59	64
Long-Term Debt	2,116	498	1,050	5,729	719	3,674
Long-Term Leases	-	109	136	-	156	10
Long-Term Unearned Revenue	-	-	-	-	-	1
Long-Term Deferred Tax Liabilities	-	274	217	162	123	89
Other Long-Term Liabilities	726	254	195	231	63	79
Total Liabilities	50,086	45,753	41,606	38,378	32,711	33,744
Common Stock	149	149	149	149	21	149
Additional Paid-In Capital	5	5	5	5	2,330	5
Retained Earnings	8,295	7,654	6,418	5,266	2,421	2,998
Comprehensive Income & Other	-6	495	498	496	494	-3
Shareholders' Equity	8,443	8,303	7,070	5,916	5,266	3,149
Total Liabilities & Equity	58,529	54,056	48,676	44,294	37,977	36,893
Total Debt	2,129	1,357	3,480	5,806	875	3,684
Net Cash (Debt)	1,408	1,893	-430	-578	3,160	1,293
Net Cash Growth	16.75%	-	-	-	144.39%	-
Net Cash Per Share	6.86	9.22	-2.09	-2.81	15.38	862.00
Filing Date Shares Outstanding	205.38	205.38	205.38	205.38	1.49	1.49
Total Common Shares Outstanding	205.38	205.38	205.38	205.38	1.49	1.49
Book Value Per Share	41.11	40.43	34.42	28.80	3524.25	2107.45
Tangible Book Value	8,320	8,199	6,991	5,827	5,150	3,023
Tangible Book Value Per Share	40.51	39.92	34.04	28.37	3446.61	2023.13

Source: S&P Capital IQ. Banks template. Financial Sources.