Nordnet 9M 2021 Financial Overview
Stable LTV and low risk in loan portfolio
Lending volume
SEKbn
LTV development
%
25
25
20
20
Margin lending
Mortgage
Unsecured
CAGR +22%
24.2
19.7
11.9
15.6
15
9.2
13.7
11.4
7.1
5.6
10
5.3
5
8.2
6.5
4.5
4.2
2.4
50
40
30
N0
20
10
Margin lending
Mortgage
Nordnet
No material impact in LTV
during Feb/March 2020
0
Jan-17
Jul-17
Jan-18
Jul-18
Jan-19
Jul-19
Jan-20
Jul-20
Jan-21
Jul-21
Net credit losses
SEKM
Confirmed credit losses
Changes in provision
Ratios
%
Confirmed credit losses/avg. total lending
Confirmed credit losses/avg. unsecured
-Net credit losses / avg. total lending
29
20
26
39
40
36
35
34
35
30
BN NW G
CO
7
10
10
4
25
20
15
29
1.0
6
31
0.84%
0.80%
0.75%
0.8
8
0.66%
0.58%
0.6
30
0.35%
32
30
0.4
0.28%
0.23% 0.23%
23
0.14%
0.2
0.28%
5
0.20%
0.21%
0.19%
0.11%
0
0.0
2017
2018
2019
2020
LTM 9M
2017
2018
2019
2020
LTM 9M
2021
2021
10
3.7
4.0
4.1
4.0
4.1
0
2017
2018
2019
(1) Excluding lending against pledged cash and cash equivalents;
2020
Sep 2021
Public presentation
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