Nordnet 9M 2021 Financial Overview
Revenue growth together with operating leverage
driving significant profit growth
Adjusted revenues
SEKm1
44
44
60
60
CAGR 43%
2 679
1 508
1310
Adjusted profit before tax
SEKm 12
Adjusted operating expenses
SEKm²
56
85
73
40
32
7
3506
CAGR (0%)
1 117
1 097
1064
1 128
13
40
45
45
377
157
CAGR 167%
1576
2346
Nordnet
2018
2019
2020
LTM 9M 2021
2018
2019
2020
LTM 9M
2021
2018
2019
2020
LTM 9M 2021
Cost income ratio (%)²
Return on equity (%) 3
Income in relation to savings capital (bps)1
(1) Adjusted revenue, subtracting SEK66m in 2019; (2) Adjusted expenses; subtracting SEK16m in 2018, SEK65m in 2019, SEK129m in 2020 and SEK99m in LTM 9M 2021. Adjusted operating expenses includes amortisation of PPA
intangibles and excludes credit losses; (3) Excluding AT1-capital. Interest for AT1 has been deducted from net profit.
Public presentation
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