Kvika banki hf.

Iceland Stock Exchange KVIKA.IC

Kvika banki hf. Free Cash Flow for the year ending December 31, 2023: USD 119.69 M

Kvika banki hf. Free Cash Flow is USD 119.69 M for the year ending December 31, 2023, a 616.17% change year over year. Free cash flow is the amount of cash a company generates after accounting for cash outflows to support operations and maintain its capital assets.
  • Kvika banki hf. Free Cash Flow for the year ending December 31, 2022 was USD -23.19 M, a -111.56% change year over year.
  • Kvika banki hf. Free Cash Flow for the year ending December 31, 2021 was USD 200.57 M, a 667.66% change year over year.
  • Kvika banki hf. Free Cash Flow for the year ending December 31, 2020 was USD -35.33 M, a -533.61% change year over year.
  • Kvika banki hf. Free Cash Flow for the year ending December 31, 2019 was USD -5.58 M, a 77.27% change year over year.
Key data
Date Free Cash Flow Operating Cash Flow Net Cash Used For Investing Activities Net Cash Used Provided By Financing Activities
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Iceland Stock Exchange: KVIKA.IC

Kvika banki hf.

CEO Mr. Armann Harri Thorvaldsson
IPO Date March 16, 2018
Location Iceland
Headquarters KatrInartUn 2
Employees 249
Sector Finance
Industries
Description

Kvika banki hf., a specialized bank, provides investment banking, insurance, asset management, and banking services to businesses, investors, and individuals in Iceland and the United Kingdom. It operates through four segments: Asset Management, Commercial Banking, Insurance Services, and Investment Banking. The Asset Management segment manages various mutual funds, investment funds, and institutional investor funds, as well as offers private banking services; offers products and services relates to domestic and foreign assets; and private pension plans. The Commercial Banking segment provides various banking services and related advisory services, and specialized lending services; lease contracts; and car, heavy machinery, and other equipment loans to individuals and companies under Lykill brand name. The Insurance Services segment portfolio consists of motor, property, marine, liability, accident, and life insurance services to commercial and private customers. The Investment Banking segment offers securities brokerage and forex market services; and various investments and financing, mergers, acquisitions and divestments, capital raising, and initial public offerings related advisory services, as well as fund and asset management services. It also provides real estate fund management and business consultancy services. Kvika banki hf. was incorporated in 2002 and is headquartered in Reykjavik, Iceland.

StockViz Staff

January 15, 2025

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