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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	66,342	22,500	19,856	34,964	35,284	26,537
Investment Securities	58,147	71,883	78,242	68,865	43,456	42,609
Trading Asset Securities	13,295	12,254	10,039	34,577	44,161	11,301
Total Investments	71,442	84,137	88,281	103,442	87,617	53,910
Gross Loans	183,243	152,530	138,542	109,793	72,924	29,860
Allowance for Loan Losses	-2,184	-2,327	-2,219	-2,653	-1,337	-536.65
Net Loans	181,059	150,203	136,323	107,139	71,588	29,323
Property, Plant & Equipment	1,268	1,782	2,469	2,942	2,664	641.37
Goodwill	17,711	17,784	17,783	26,042	24,258	2,944
Other Intangible Assets	3,595	3,909	4,124	8,038	7,197	618.74
Investments in Real Estate	180	-	-	1,165	1,100	1,017
Other Receivables	2,944	5,010	6,342	4,676	9,756	5,430
Restricted Cash	6,118	5,819	3,825	1,707	1,235	952.64
Other Current Assets	-	57,702	50,753	-	-	-
Long-Term Deferred Tax Assets	1,469	2,273	2,903	3,233	3,178	835.82
Other Long-Term Assets	9,084	3,473	2,738	6,322	2,362	986.92
Total Assets	361,212	354,594	335,397	299,670	246,240	123,196
Accounts Payable	5,825	7,531	9,327	2,117	974.52	324.39
Accrued Expenses	1,887	1,636	1,440	1,760	1,652	588.24
Interest Bearing Deposits	180,249	163,378	142,566	20,741	14,812	13,149
Non-Interest Bearing Deposits	-	-	-	91,505	63,858	46,776
Total Deposits	180,249	163,378	142,566	112,245	78,670	59,925
Short-Term Borrowings	1,124	2,932	2,197	11,388	18,659	30,178
Current Portion of Long-Term Debt	1,672	1,674	13,621	10,873	-	329.7
Current Income Taxes Payable	-	-	-	203.21	347.07	0.34
Other Current Liabilities	4,071	30,200	28,604	5,582	4,175	3,831
Long-Term Debt	97,928	55,468	53,112	49,259	37,580	7,316
Long-Term Leases	966	1,158	1,510	1,828	1,041	477.69
Long-Term Deferred Tax Liabilities	439	466.1	272.62	944.27	899.94	236.19
Other Long-Term Liabilities	961	633.17	790.19	22,382	23,874	781.41
Total Liabilities	295,122	265,077	253,440	218,581	167,872	103,988
Common Stock	4,423	4,660	4,722	4,781	4,790	2,141
Additional Paid-In Capital	43,221	46,750	47,662	48,603	50,316	4,291
Retained Earnings	17,491	37,219	28,969	26,785	20,155	9,420
Comprehensive Income & Other	876	809.1	533.22	842.67	3,156	3,335
Total Common Equity	66,011	89,439	81,886	81,012	78,417	19,187
Minority Interest	79	78.65	72.12	77.29	-49.06	21.03
Shareholders' Equity	66,090	89,517	81,958	81,089	78,368	19,208
Total Liabilities & Equity	361,212	354,594	335,397	299,670	246,240	123,196
Total Debt	101,690	61,233	70,440	73,347	57,280	38,301
Net Cash (Debt)	-22,053	-26,478	-40,544	-3,806	22,165	-463.86
Net Cash Per Share	-4.77	-5.64	-8.52	-0.80	5.28	-0.20
Filing Date Shares Outstanding	4,423	4,660	4,722	4,781	4,790	2,141
Total Common Shares Outstanding	4,423	4,660	4,722	4,781	4,790	2,141
Book Value Per Share	14.92	19.19	17.34	16.94	16.37	8.96
Tangible Book Value	44,705	67,745	59,979	46,932	46,961	15,624
Tangible Book Value Per Share	10.11	14.54	12.70	9.82	9.80	7.30

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