July 29, 2016 1:30 PM ET

Diversified Financial Services

Company Overview of Kommuninvest i Sverige AB (publ)

Company Overview

Kommuninvest i Sverige AB (publ), a credit market company, provides financing services in Sweden. The company offers loan products for shorter or longer periods; and financial advisory services. It serves the municipalities and county councils/regions, which are members of the Kommuninvest Cooperative Society, as well as companies, foundations, and associations controlled by members. The company was founded in 1986 and is based in Örebro, Sweden. Kommuninvest i Sverige AB (publ) operates as a subsidiary of Kommuninvest Cooperative Society.

Fenix House

Drottninggatan 2

Örebro,  

Sweden

Founded in 1986

Phone:

46 1 04 70 87 00

Fax:

46 19 12 11 98

Key Executives for Kommuninvest i Sverige AB (publ)

Chief Executive Officer, President and Managing Director
Age: 55
Chief Financial Officer
Age: 43
Deputy Chief Executive Officer and Deputy President
Age: 46
Chief Information Officer and Head of IT
Head of Executive Functions and Director
Compensation as of Fiscal Year 2016.

Kommuninvest i Sverige AB (publ) Key Developments

Kommuninvest i Sverige AB (publ) Announces Earnings Results for the Year Ended December 31, 2015

Kommuninvest i Sverige AB (publ) announced earnings results for the year ended December 31, 2015. For the year, the company reported interest revenues of SEK 1,438.3 million, net interest income of SEK 798.5 million, total operating income of SEK 961.6 million, operating profit of SEK 655.5 million, net profit of SEK 561.3 million, net cash outflows from operational activities of SEK 24,510.5 million, acquisition of intangible assets of SEK 18.1 million, acquisition of tangible assets of SEK 0.5 million compared to the interest revenues of SEK 3,650.8 million, net interest income of SEK 915.2 million, total operating income of SEK 1,013.3 million, operating profit of SEK 729.4 million, net profit of SEK 568.4 million, net cash flows from operational activities of SEK 12,198.9 million, acquisition of intangible assets of SEK 2 million, acquisition of tangible assets of SEK 4.3 million for the previous year.

Kommuninvest i Sverige AB (publ) to Report Fiscal Year 2015 Results on Mar 10, 2016

Kommuninvest i Sverige AB (publ) announced that they will report fiscal year 2015 results at 8:00 AM, Central European Standard Time on Mar 10, 2016

Kommuninvest i Sverige AB (publ) Reports Consolidated Earnings Results for the Six Months Ended June 30, 2015

Kommuninvest i Sverige AB (publ) reported consolidated earnings results for the six months ended June 30, 2015. For the period, the company reported net interest income of SEK 370.6 million against SEK 466.7 million a year ago. Total operating income was SEK 211.0 million against SEK 562.4 million a year ago. Operating profit was SEK 68.9 million against SEK 419.0 million a year ago. Net profit for the period was SEK 53.3 million against SEK 326.7 million a year ago. Cash flows used in operational activities was SEK 18,896.7 million against cash flows from operating activities of SEK 111.8 million a year ago. Acquisitions of intangible assets were SEK 1.9 million against SEK 1.5 million a year ago. Acquisition of tangible assets was SEK 0.6 million against SEK 3.8 million a year ago.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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