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Nordnet AB (publ)
Previous close
kr 237.60
Day range
kr 237.60 - kr 247.60
Year range
kr 148.50 - kr 248.20
Market cap
62.06B SEK
Avg Volume
213.46K
P/E ratio
22.71
Dividend yield
2.92%
Primary exchange
STO
Market news
Financials
Income Statement
Revenue
Net income
(SEK) | Sep 2024info | Y/Y change |
---|---|---|
Revenue | 1.38B | 7.60% |
Operating expense | 361.00M | 10.43% |
Net income | 696.70M | 5.87% |
Net profit margin | 50.58 | -1.61% |
Earnings per share | 2.70 | 8.43% |
EBITDA | — | — |
Effective tax rate | 18.21% | — |
Balance Sheet
Total assets
Total liabilities
(SEK) | Sep 2024info | Y/Y change |
---|---|---|
Cash and short-term investments | 4.83B | 269.38% |
Total assets | 253.62B | 17.96% |
Total liabilities | 246.12B | 18.36% |
Total equity | 7.50B | — |
Shares outstanding | 251.06M | — |
Price to book | 7.95 | — |
Return on assets | 1.12% | — |
Return on capital | — | — |
Cash Flow
Net change in cash
(SEK) | Sep 2024info | Y/Y change |
---|---|---|
Net income | 696.70M | 5.87% |
Cash from operations | -60.90M | 97.49% |
Cash from investing | 1.29B | -59.15% |
Cash from financing | -53.40M | -56.60% |
Net change in cash | 1.17B | 64.18% |
Free cash flow | — | — |
About
Nordnet AB, commonly shortened to Nordnet, is a pan-Nordic financial services company, headquartered in Stockholm, Sweden. Nordnet was founded in 1996, becoming the first Internet broker in Sweden, and has expanded since to provide other saving and investment services. The company is divided into three business areas, Savings and investments, Loans, and Pensions.
Besides Sweden where the headquarters are located, Nordnet provides services to customers in Denmark, Finland, and Norway, with local offices present in Copenhagen, Helsinki, and Oslo respectively. In April 2020, Nordnet has reached a milestone of 1,000,000 customers.
In 2017, Nordnet became the first Swedish bank to offer direct deposits via Swish. Other examples of launches from the period 2017-2018 are brokerage-free trading in exchange-traded products, expanded offer in mortgages, new mobile application, share loan program and digital advisory services.
Nordnet was originally founded as an online brokerage subsidiary of the Öhman financial group. For the first time, Nordnet was traded on the Nasdaq Stockholm between April 2000 and February 2017, when it was privatized by the Öhman group and Nordic Capital. Wikipedia
Founded
1996
Website
Employees
768