Financials

Reports

Here you find all our interim reports, annual reports and presentations. You can also download our Excel sheet with financial data and key figures.

 ReportPresentationAudio/VideoCapital AdequacyKey data
Jan - Sep Interim reportFileFileFile
Jan - Jun Interim reportFileFileFile
Jan - Mar Interim reportFileFileFile

Nordnet Additional Tier 1 Capital (AT1)

Nordnet AB (publ) has 2019-03-14 issued Additional Tier 1 Capital (AT1) amounting to SEK 500 million. The bond is perpetual, with a first call date after five years. The interest rate is 3 months Stibor + 6.75 percent. The instruments will be listed at Nasdaq Stockholm.

Read more about the bond in the presentation and terms.

Prospect
Nordnet AB (publ) prospect
Approval of prospect

Annual reports

Year Company Organisation number
2018* Nordnet AB (publ) 559073-6681
2017** NNB Intressenter AB (in Swedish) 559073-6681

 

* Refers to Nordnet AB (publ), changed name from NNB Intressenter AB, org. reg. no.: 559073-6681

** Refers to NNB Intressenter AB, org. reg. no.: 559073-6681

Key figures

Group

2018*

2017*

2016**

2015**

2014**

Operating margin, %

11%

16%

31%

36%

31%

Profit margin, %

9%

13%

25%

29%

26%

Investments in tangible assets, SEK million***

84.0

29.1

9.9

11.1

15.2

Investments in intangible assets, SEK millions***

112.1

88.0

42.6

30.1

40.4

Of which internal charges for development, SEK millions

32.5

23.1

21.6

8.1

7.4

Marketing expenses, SEK millions

69.1

44.4

41.5

33.5

38.5

Profit after tax per share before dilution, SEK

1.70

2.05

1.58

Profit after tax per share after dilution, SEK

1.70

2.04

1.58

Cash flow from current operations per average number of shares

22.30

9.89

19.09

Return on assets, % 0.1% 0.2% 0.5%

0.6%

0.6%

Return on shareholder’s equity, %

6%

8%

15%

20%

16%

Equity per share, SEK**

11.35

10.72

9.98

Dividend per share

1.00

1.30

1.00

Share price, SEK

37.30

41.00

28.20

Market capitalisation at end of period, SEK millions

6,529

7,151

4,936

Share turnover rate, %

42%

32%

28%

Shareholders’ equity, SEK millions

1,988.2

2 024.7

1,978.9

1,870.1

1,747.6

Capital base, SEK millions

1,455.7

1,504.7

1,295.4

1,140.6

1,270.3

Capital coverage ratio, consolidated situation

17.1%

17.4%

16.7%

15.5%

16.0%

Average number of shares before dilution

174,393,815

174,950,604

175,027,886

Average number of shares after dilution

174,779,791

175,299,370

175,096,811

Number of outstanding shares at year-end

174,413,807

174,418,830

175,027,886

Number of employees at year-end

526

474

405

427

385

* Refers to Nordnet AB (publ), changed name from NNB Intressenter AB, org. reg. no.: 559073-6681

** Refers to Nordnet AB (publ), org. reg. no.: 556249-1687

 *** Excluding acquisitions

 

 

Customer-related key figures

 

2018*

2017*

2016**

2015**

2014**

Number of active customers at the end of the period

765,200

669,300

566,800

490,400

432,600

Number of active accounts at end of period

1,016,300

884,500

735,000

627,500

544,600

Total savings capital at end of period, SEK billions

286

272

235

200

166

Average savings capital per active account at end of period, SEK

280,900

308,000

319,300

318,800

305,200

Cash deposits at the end of the period, SEK millions 43,022.8 34,341.2 29,131.5 23,726.7 19,725.6

Lending including pledged cash and cash equivalents at end of period, SEK millions

14,204.5

11,852.0

9,516.4

7,278.1

5,806.2

Lending excluding pledged cash and cash equivalents at end of period, SEK millions

13,730.1

11,437.5

9,210.8

7,086.4

5,619.6

Lending/deposits, %

33%

35%

33%

31%

29%

Number of trades per year

26,119,800

26,181,300

22,931,500

19,831,700

14,642,500

Number of trades per trading day

105,600

105,100

91,400

80,000

59,300

Number of trades per active trading account per year

29.3

35,2

37.2

37.4

32.0

Number of trades per active trading account per month

2.5

2,9

3.1

3.1

2.7

Average net commission revenue per trade, SEK

18

18

20

24

25

Average net brokerage per trading day, SEK

2,727,300

2,685,100

2,562,100

2,716,400

2,146,000

Annual income/average savings capital, %

0.4%

0,5%

0.6%

0.6%

0.7%

Average annual income per account, SEK

1,368

1,535

1,755

2,112

2,099

Average annual operating expense per account, SEK

-1,172

-1,186

-1,173

-1,262

-1,348

Average annual profit per account, SEK

196

349

582

850

751

*Refers to Nordnet AB (publ), changed name from NNB Intressenter AB, org. reg. no.: 559073-6681
**Refers to Nordnet AB (publ), org. reg. no.: 556249-1687

Five-year summary

Income statements, SEK thousands

2018*

2017*

2016**

2015**

2014**

Net interest income 377,563 386,269 403,174 406,572

471,494

Net commission 695,954 640,504 589,845 624,653

478,217

Net result of financial transactions 177,981 162,429 151,518 147,193

86,445

Other income 58,916 54,903 51,486 59,641

42,675

Total operating income 1,310,414 1,244,036 1,196,023 1,238,059

1,078,831

Operating expenses -1,133,239 -1,008,528 -799,191 -748,079

-698,779

Credit losses -36,002 -35,301 -29,098 -41,333

-43,074

Operating result 141,173 200,207 367,734 448,647

336,978

Tax -23,121 -32,874 -70,688 -91,506

-60,343

Income for the year 118,052 167,333 297,046 357,141

276,634

*Refers to Nordnet AB (publ), changed name from NNB Intressenter AB, org. reg. no.: 559073-6681
**Refers to Nordnet AB (publ), org. reg. no.: 556249-1687

Balance sheets, SEK thousands

2018*

2017*

2016**

2015**

2014**

Cash and balances in Central Banks

1,344,200 392,304 436,419  –

Loans to credit institutions

333,024 275,591 329,045  294,691

987,472

Loans to the general public

14,204,488 11,852,046 9,516,392  7,278,083

5,806,242

Assets for which customers bear the investment risk

51,726,480 46,515,739 41,684,655  35,995,138

28,868,479

Other assets

5,819,098 3,844,984 3,434,812 3,082,521 2,390,329
Total assets 92,119,416 80,340,562 70,450,243  60,213,294

49,243,991

Liabilities to credit institutions  396,529

Deposits and borrowing from the general public

35,225,181 29,063,690 24,426,599 19,605,376 16,500,316
Liabilities for which customers bear the investment risk 51,726,480 46,515,739 41,685,918  35,996,211

28,869,319

Other liabilities

3,179,516 2,736,480 2,358,841  2,341,211 2,123,234
Total liabilities 90,131,177 78,315,909 68,471,358  58,339,327 47,492,869
Total equity 1,988,239 2,024,653 1,978,885  1,873,967

1,751,122

Total equity and liabilities

92,119,416 80,340,562 70,450,243  60,213,294

49,243,991

*Refers to Nordnet AB (publ), changed name from NNB Intressenter AB, org. reg. no.: 559073-6681
**Refers to Nordnet AB (publ), org. reg. no.: 556249-1687

Definitions

Active accounts are account with a value of > SEK 0 or a credit commitment.

Active customer is a physical person or legal entity holding at least one active account.

Amount traded refers to our customers’ trade in shares,warrants, ETFs, certificates, bonds and similar instruments.

Cash market refers to trade in shares, warrants, ETFs, certificates, bonds and similar instruments.

Capital base is the sum of Core Tier 1 capital, Tier 1 capital and Tier 2 capital.

Capital ratio is the capital base in relation to total risk-weighted exposure amount.

Client funds are cash and cash equivalents at Nordnet held on behalf of a third party.

Core Tier 1 capital is equity excluding proposed dividend, deferred taxes and intangible assets and some further adjustments in accordance with the EU capital requirements regulation no. 575/2013 (CRR) and EU 241/2014.

Core Tier I ratio is Core Tier 1 capital divided by total risk-weighted exposure amount.

Cost coverage is non-transaction-related income relative to expenses.

Deposits including deposits attributable to liabilities in the insurance operations.

Lending to the public, excluding lending through “account credits” that are fully covered by pledged cash and cash equivalents on endowment insurance plans and investment savings accounts (ISKs), where the lending rate applied to the credits corresponds to the deposit rate on the pledged cash and cash equivalents.

Net commission income is the commission income less commission expenses and non-transaction-related net commission income.

Net commission per trade is total net commission income divided by total number of trades during the period.

Net savings are deposits of cash and cash equivalents and securities, less withdrawals of cash and cash equivalents and securities.

Operating expenses are expenses for operations, excluding credit losses and and impairment of goodwill.

Operating margin is operating profit in relation to operating income.

Personal loans are unsecured loans.

Profit margin is profit for the period after tax in relation to operating income.

Return on assets is the 12-month rolling profit for the period in relation to average total assets.

Return on equity is the 12-month rolling profit for the year in relation to average equity.

Risk exposure amounts are assets on and commitments outside of the balance sheet, risk-weighted according to the capital adequacy rules for credit risk and market risk. For operational risks, a capital requirement is calculated that is then expressed as risk-weighted assets. This only applies to the consolidated situation, i.e. excluding insurance operations, and not to exposures that have been directly deducted from the capital base.

Solvency capital (NPV) is the estimated present value of expected profits in the existing insurance business.

Solvency Capital Requirement (SCR) is estimated capital requirements under Solvency II regulations.

Total savings capital is the total of cash and cash equivalents and value of securities for all active accounts.

Trade is a registered transaction on the stock exchange or in the marketplace. Orders sometimes involve several trades.

Contact us

Careers
Carina Tovi
Chief Operations Officer
General & Press
Johan Tidestad
Chief Communications Officer
Head office
Kundservice
Nordnet AB (publ)

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