{"text_format":"1","workbook":"xlsx","n_sheets":12,"sheets":["Cover","Key figures 5Y","Income statement 5Y","Balance sheet 5Y","NII 5Y","Capital 5Y","Key figures 9Q","Income statement 9Q","Balance sheet 9Q","NII 9Q","Capital 9Q","Disclaimer"],"not_rendered":{"charts":0,"images":1,"macros":1,"external_links":0,"defined_names":0,"comments":0,"pivot_tables":0},"unopened":[],"bounds":{"document_bytes":16777216,"sheet_cells":100000,"rows_first":2000,"rows_last":500,"rows_between":2000,"halvings":0,"cell_chars":16384,"cell_head_chars":4096},"cells_cut":0,"cells_raw":0,"read":"whole","date_system":"1900"}

{"sheet":"Cover","index":0,"n_rows":0,"n_cols":0,"rows_kept":0,"cut":false,"hidden":false,"merged":[]}

{"sheet":"Key figures 5Y","index":1,"n_rows":23,"n_cols":6,"rows_kept":23,"cut":false,"hidden":false,"merged":[]}
["Key figures "]
["ISK thousands","Q1 2023","Q1 2022","Q1 2021","Q1 2020","Q1 2019"]
[]
["Profit before taxes",1411937,1740103,1001774,445451,851578]
["Return on weighted tangible equity",0.13100000000000001,0.161]
["Return on equity (before taxes)",null,null,null,0.11343772810804942,0.26134952723354449]
["Return on assets",1.5165374957400859E-2,2.2685958636051818E-2,1.8167539319813814E-2,1.2074642544092977E-2,2.7878632159042318E-2]
["Earnings per share",0.24,0.31,0.4,0.17,0.38]
["Net interest margin on total assets",2.9295648562841146E-2,2.3604190016664091E-2,1.3242989234297514E-2,1.7365619767119509E-2,1.6695553788006121E-2]
["Cost to income ratio",0.73694843033883284,0.64021078499994744,0.62064979063781911,0.64709048672708014,0.56822455378962688]
["Cost to total assets ratio",4.9905709903575485E-2,4.7551033957841583E-2,3.5053174068941539E-2,4.7216578827712054E-2,5.1171959094372915E-2]
["Number of FTEs at period end - Consolidated",378,353,319,135,133]
["Asset encumbrance ratio",0.11292061545677935,0.11404913859548675,0.1444685082749308,3.844756786410107E-2,2.953789509519256E-2]
["Liquidity coverage ratio (LCR) - All currencies",3.27,2.4700000000000002,2.08,2.75,1.75]
["Net stable funding ratio (NSFR) - All currencies",1.44,1.40727881550939,1.18379420259982,1.40351764719272,1.2]
["Term deposits % of total deposits",0.20473482799323617,0.23654607148585716,0.26481059624391612,0.23428340513695795,0.26397197532089584]
["Loans to deposits ratio",0.92303047256476234,0.94739442567028143,1.0272040819930912,0.53450473855433833,0.50588542471796449]
["Risk weighted exposure amount on total assets",0.43409020231941903,0.40113375256338457,0.35981933438689018,0.47470105606241508,0.43070326409552262]
["CET1 ratio",0.20799999999999999,0.23300000000000001,0.249,0.20100000000000001,0.187]
["Tier 2 ratio",2.7477768703227504E-2,2.9129625138945334E-2,4.6468468772308508E-2,3.5085543690848514E-2,3.8285975963986786E-2]
["Capital adequacy ratio (CAR)",0.23599999999999999,0.26300000000000001,0.29299999999999998,0.23699999999999999,0.22500000000000001]
["Solvency ratio for TM",1.39,1.44,1.1399999999999999]
["Consolidated solvency ratio",1.34,1.32,1.33]

{"sheet":"Income statement 5Y","index":2,"n_rows":46,"n_cols":6,"rows_kept":46,"cut":false,"hidden":false,"merged":[]}
["Income statement"]
["ISK thousands","Q1 2023","Q1 2022","Q1 2021","Q1 2020","Q1 2019"]
[]
["Interest income",5303733,2707682,1003583,1148480,1208482]
["Interest expense",-3049037,-1136728,-369958,-665225,-784038]
["Net interest income",2254695,1570954,633624,483256,424443]
[]
["Fee and commission income",1681217,1774293,1752726,1711616,1701621]
["Fee and commission expense",-93200,-131816,-68536,-47674,-44919]
["Net fee and commission income",1588016,1642477,1684190,1663942,1656702]
[]
["Isurance revenue",4578482,0,0,0,0]
["Incurred claims and net expense from reinsurance contract held",-3576652,0,0,0,0]
["Administrative expenses related to insrance service",-989865,0,0,0,0]
["Insurance service results",11966,0,0,0,0]
[]
["Earned premiums, net of reinsurers' share",0,3998277,0,0,0]
["Claims incurred, net of reinsurers' share",0,-3281399,0,0,0]
["Net premiums and claims",0,716878,0,0,0]
[]
["Net financial income",218381,807925,373134,-157049,208763]
["Share in profit (loss) of associates, net of income tax",0,0,-27566,6649,-26876]
["Other operating income (expense)",148998,205003,38873,33765,26415]
["Other operating income",367379,1012928,384442,-116635,208301]
[]
["Net operating income",4222056,4943236,2702255,2030563,2289447]
[]
["Administrative expenses",-2851052,-3164713,-1677154,-1313958,-1300920]
["Net impairment",40933,-38420,-10764,-155360,590]
["Revaluation of contingent consideration",0,0,-12563,-115794,-137539]
[]
["Profit before taxes",1411937,1740103,1001774,445451,851578]
[]
["Income tax",-192718,-188735,-96495,-69219,-99102]
["Special tax on financial activity",0,0,0,-22189,0]
["Special tax on financial institutinons",-52039,-41526,-36034,-18026,-43730]
[]
["Profit for the period",1167180,1509842,869244,336017,708745]
[]
["Attributable to the shareholders of Kvika banki hf.",1148230,1481318,884645,343665,709074]
["Attributable to non‐controlling interest",18950,28525,-15401,-7648,-328]
["Profit for the period",1167180,1509842,869244,336017,708745]
[]
["Earnings per share"]
["Basic earnings per share (ISK per share)",0.24,0.31,0.4,0.17,0.38]
["Diluted earnings per share (ISK per share)",0.24,0.3,0.37,0.16,0.34]

{"sheet":"Balance sheet 5Y","index":3,"n_rows":46,"n_cols":6,"rows_kept":46,"cut":false,"hidden":false,"merged":[]}
["Balance sheet"]
["ISK thousands","2023-03-31","2022-12-31","2021-12-31","2020-12-31","2019-12-31"]
[]
["Assets"]
["Cash and balances with Central Bank",36441548,36670586,38645894,28945030,26818231]
["Fixed income securities",72881107,65160407,40046651,28785033,8097169]
["Shares and other variable income securities",20193262,19410508,22683295,5072830,3659208]
["Securities used for hedging",8633625,13841853,22085696,19620240,24274769]
["Loans to customers",109804029,107139227,71587646,29322972,30105643]
["Derivatives",3667088,4940738,2734216,389671,1259833]
["Investment in associates",87108,88988,67000,42240,776490]
["Investment properties",1165398,1165398,1100000,1016905,1016553]
["Intangible assets",34104533,34079900,31455409,3562621,3283256]
["Operating lease assets",792617,884222,1458621,0,0]
["Property and equipment",466060,480706,405695,162373,596336]
["Deferred tax assets",3195661,3232933,3177763,835816,872972]
["Reinsurance assets",693768,627469,749383,0,0]
["Other assets",20393234,15465850,10042553,5440092,4823577]
["Total assets",312519037,303188786,246239821,123195821,105584035]
[]
["Liabilities"]
["Deposits",118960351,112245198,78669807,59924683,51479732]
["Technical provision",22493371,24362281,22434447,0,0]
["Borrowings",25600274,28120009,17261048,26424340,22058747]
["Issued bills",0,0,0,2003608,0]
["Issued bonds",35199947,38103414,32597716,5568085,3945306]
["Subordinated liabilities",3847516,3686451,3371766,2077225,4261308]
["Short positions held for trading",570241,1486107,1323631,1520547,1999530]
["Short positions used for hedging",3007631,1343186,1280868,731987,1239916]
["Derivatives",1378100,1609537,3008401,1750346,1282341]
["Current tax liabilites ",206369,203214,347068,341,136395]
["Deferred tax liabilities",838006,944274,899942,236186,268613]
["Other liabilities",20284505,9894650,6677507,3750472,3396965]
["Total liabilities",232386311,221998322,167872201,103987820,90068852]
[]
["Equity"]
["Share capital",4781026,4781026,4790139,2141002,1945366]
["Share premium",48602825,48602825,50316002,4290521,3115992]
["Other reserves",3337952,3068159,9613793,5014902,3323471]
["Retained earnings",23314689,24661171,13696745,7740546,7070380]
["Total equity attributable to the shareholders of Kvika banki hf.",80036492,81113180,78416678,19186971,15455209]
[]
["Non-controlling interest",96235,77285,-49058,21030,59974]
["Total equity",80132727,81190465,78367620,19208001,15515183]
[]
["Total liabilities and equity",312519037,303188786,246239821,123195821,105584035]

{"sheet":"NII 5Y","index":4,"n_rows":22,"n_cols":6,"rows_kept":22,"cut":false,"hidden":false,"merged":[]}
["Net interest income"]
["ISK thousands","Q1 2023","Q1 2022","Q1 2021","Q1 2020","Q1 2019"]
[]
["Interest income"]
["Cash and balances with Central Bank",343882,141182,22764,209013,172103]
["Derivatives",546822,501626,187495,276319,339924]
["Loans to customers",3276396,1784005,685300,641474,675532]
["Fixed income securities (FVOCI)",1063958,216329,99112,0,0]
["Other interest income",72674,64540,8911,21674,20923]
["Total interest income",5303733,2707682,1003583,1148480,1208482]
[]
["Interest expense"]
["Deposits",1556890,345129,135811,268814,352533]
["Borrowings",462399,118973,88770,253388,260058]
["Issued bills",0,0,7916,37744,46273]
["Issued bonds",774549,510291,44771,49475,45629]
["Subordinated liabilities",161065,125699,55662,37446,41578]
["Derivatives",64740,8103,577,3410,5456]
["Other interest expense",29396,28533,36453,14947,32512]
["Total interest expense",3049037,1136728,369958,665225,784038]
[]
["Net interest income",2254695,1570954,633624,483256,424443]

{"sheet":"Capital 5Y","index":5,"n_rows":37,"n_cols":6,"rows_kept":37,"cut":false,"hidden":false,"merged":[]}
["Capital and risk exposure"]
["ISK thousands","2023-03-31","2022-12-31","2021-12-31","2020-12-31","2019-12-31"]
[]
["Total equity",80132727,81190465,78367620,19208001,15515183]
["Unaudited retained (positive) earnings from current period",-1148230,0,0,0,0]
["Other unaudited (positive) changes to total equity in current period",-39172,0,0,0,0]
["Expected dividends as according to Dividend Policy"]
["Proposed dividends",0,-1912410,0,0,0]
["Capital eligible as CET1 Capital",78945325,79278054,78367620,19208001,15515183]
[]
["Goodwill and intangibles",-28442149,-28380760,-25564998,-3562621,-3283256]
["Shares in other financial institutions",-19081552,-18830034,-20441123,-259829,-146401]
["Subordinated fixed income securities",0,0,0,-117250,-102999]
["Deferred tax asset",-3195661,-3232933,-3177763,-835816,-872972]
["Common equity Tier 1 capital (CET1)",28225962,28834327,29183736,14432485,11109555]
[]
["Tier 2 capital",3727674,3621777,3312483,2012387,1941695]
["Deductions from Tier 2 capital",0,0,0,-227952,0]
["Total own funds",31953636,32456104,32496219,16216919,13051251]
[]
["Risk weighted exposures"]
["Credit risk",106514906,109104748,70135184,40070248,37614747]
["Market risk",4373051,4091761,4051492,3617483,5246577]
["Operational risk",24773495,24773495,21824053,13621015,11336890]
["Total risk weighted exposures",135661452,137970004,96010729,57308746,54198213]
[]
["Capital ratios"]
["Capital adequacy ratio (CAR)",0.23599999999999999,0.23499999999999999,0.33800000000000002,0.28299999999999997,0.24099999999999999]
["CET1 ratio",0.20799999999999999,0.20899999999999999,0.30399999999999999,0.252,0.20499999999999999]
[]
["Total own funds including unaudited retained earnings and expected dividends",32853980,0,0,0,0]
["Capital adequacy ratio, adjusted",0.245,0,0,0,0]
["CET1 ratio, adjusted",0.215,0,0,0,0]
[]
["Minimum Capital adequacy ratio requirement",0.115,0.115,0.151,0.151,0.151]
["Minimum Capital adequacy ratio requirement including supervisory buffers",0.17899999999999999,0.17899999999999999,0.20599999999999999,0.20599999999999999,0.22399999999999998]
["Minimum CET1 ratio requirement including supervisory buffers",0.129,0.129,0.14000000000000001,0.14000000000000001,0.157]

{"sheet":"Key figures 9Q","index":6,"n_rows":23,"n_cols":10,"rows_kept":23,"cut":false,"hidden":false,"merged":[]}
["Key figures "]
["ISK thousands","Q1 2023","Q4 2022","Q3 2022","Q2 2022","Q1 2022","Q4 2021","Q3 2021","Q2 2021","Q1 2021"]
[]
["Profit before taxes",1411937,1613147,1840620,426730,1740103,2629360,3231385,3624044,1001774]
["Return on weighted tangible equity",0.13100000000000001,0.153,0.17699999999999999,0.04,0.161,0.25600000000000001,0.33300000000000002,0.39700000000000002,0.26700000000000002]
["Return on equity (before taxes)"]
["Return on assets",1.5165374957400859E-2,2.2787255231882738E-2,2.0123639808755783E-2,3.1065679651192321E-3,2.2685958636051818E-2,4.4926267281336148E-2,4.8653697078610725E-2,6.6395202870871792E-2,1.8167539319813814E-2]
["Earnings per share",0.24,0.36,0.31000000000000005,3.999999999999998E-2,0.31,0.55000000000000027,0.58999999999999986,1.08,0.4]
["Net interest margin on total assets",2.9295648562841146E-2,2.5449869147751415E-2,3.2011122086188525E-2,2.590437041110848E-2,2.3604190016664091E-2,2.859979796144466E-2,1.9266094804151174E-2,1.8115727809781969E-2,1.3242989234297514E-2]
["Cost to income ratio",0.73694843033883284,0.6531599929791907,0.61672686848565328,0.8647320544697914,0.64021078499994744,0.60074437116274415,0.45792748291847285,0.48462639478919317,0.62064979063781911]
["Cost to total assets ratio",4.9905709903575485E-2,4.7720791754945396E-2,4.2200439550318741E-2,4.5311501378576452E-2,4.7551033957841583E-2,6.5747119708634824E-2,4.4815054227358944E-2,5.278868033155458E-2,3.5053174068941539E-2]
["Number of FTEs at period end - Consolidated",378,367,350,349,353,331,322,322,319]
["Asset encumbrance ratio",0.11292061545677935,9.5921024598845162E-2,8.3086171789223798E-2,0.10154036702811732,0.11404913859548675,9.5794778050947327E-2,0.10998991724946776,0.1055960651061823,0.1444685082749308]
["Liquidity coverage ratio (LCR) - All currencies",3.27,3.2,3.08,2.29,2.4700000000000002,2.9,1.71,2.04,2.08]
["Net stable funding ratio (NSFR) - All currencies",1.44,1.4,1.29,1.26007053992204,1.40727881550939,1.2996104794463399,1.1619999999999999,1.1995,1.18379420259982]
["Term deposits % of total deposits",0.20473482799323617,0.18477890697827448,0.16329356580899018,0.14300204055435836,0.1708576419663401,0.18827751795552264,0.19375118212345727,0.20331032805662919,0.20869521189943435]
["Loans to deposits ratio",0.92303047256476234,0.954510561779222,0.96264437243378631,1.0353098732016721,0.94739442567028143,0.90997612336839728,1.0191001235582053,1.019366348632351,1.0272040819930912]
["Risk weighted exposure amount on total assets",0.43409020231941903,0.4550630180629438,0.45476815202146653,0.45143346395031853,0.40113375256338457,0.38990740250741168,0.38680051763807405,0.37362052513004973,0.35981933438689018]
["CET1 ratio",0.20799999999999999,0.20899999999999999,0.20899999999999999,0.217,0.23300000000000001,0.30399999999999999,0.27200000000000002,0.27300000000000002,0.249]
["Tier 2 ratio",2.7477768703227504E-2,2.6250466731884706E-2,2.6486617988828481E-2,2.6910703260928839E-2,2.9129625138945334E-2,3.4501175384263567E-2,3.603848509153406E-2,4.8223511917652929E-2,4.6468468772308508E-2]
["Capital adequacy ratio (CAR)",0.23599999999999999,0.23499999999999999,0.23499999999999999,0.24399999999999999,0.26300000000000001,0.33800000000000002,0.308,0.308,0.29299999999999998]
["Solvency ratio for TM",1.39,1.49,1.37,1.57,1.44,1.41,1.5,1.45,1.1399999999999999]
["Consolidated solvency ratio",1.34,1.36,1.34,1.28,1.32,1.57,1.51,1.48,1.33]

{"sheet":"Income statement 9Q","index":7,"n_rows":47,"n_cols":10,"rows_kept":47,"cut":false,"hidden":false,"merged":[]}
["Income statement"]
["ISK thousands","Q1 2023","Q4 2022","Q3 2022","Q2 2022","Q1 2022","Q4 2021","Q3 2021","Q2 2021","Q1 2021"]
[]
["Interest income",5303733,4293064,4498812,3708888,2707682,2281447,1847167,1952399,1003583]
["Interest expense",-3049037,-2381906,-2160700,-1853662,-1136728,-563551,-694064,-810908,-369958]
["Net interest income",2254695,1911158,2338112,1855226,1570954,1717897,1153102,1141492,633624]
[]
["Fee and commission income",1681217,1654440,1799566,1674302,1774293,1834283,1663549,1973922,1752726]
["Fee and commission expense",-93200,-151264,-113265,-98146,-131816,-100957,-82676,-144570,-68536]
["Net fee and commission income",1588016,1503175,1686302,1576156,1642477,1733326,1580874,1829351,1684190]
[]
["Isurance revenue",4578482,0,0,0,0,0,0,0,0]
["Incurred claims and net expense from reinsurance contract held",-3576652,0,0,0,0,0,0,0,0]
["Administrative expenses related to insrance service",-989865,0,0,0,0,0,0,0,0]
["Insurance service results",11966,0,0,0,0,0,0,0,0]
[]
["Earned premiums, net of reinsurers' share",0,4192799,4286052,4040708,3998277,3878455,4030689,3899066,0]
["Claims incurred, net of reinsurers' share",0,-3008728,-2955815,-3061597,-3281399,-2552773,-2638159,-2369877,0]
["Net premiums and claims",0,1184071,1330236,979112,716878,1325680,1392531,1529189,0]
[]
["Net financial income",218381,659895,-568508,-899040,807925,1561942,1551935,2184967,373134]
["Share in profit (loss) of associates, net of income tax",0,26725,0,0,0,0,0,0,-27566]
["Other operating income (expense)",148998,201524,211769,241304,205003,235026,178909,178583,38873]
["Other operating income",367379,888143,-356738,-657736,1012928,1796968,1730844,2363549,384442]
[]
["Net operating income",4222056,5486547,4997911,3752759,4943236,6573871,5857351,6863582,2702255]
[]
["Administrative expenses",-2851052,-3583593,-3082346,-3245131,-3164713,-3949216,-2682242,-3326273,-1677154]
["Net impairment",40933,-360643,-74944,-57816,-38420,-21261,56276,114591,-10764]
["Revaluation of contingent consideration",0,5437,0,-23083,0,-57129,0,-27856,-12563]
["Revaluation of investment properties",0,65398,0,0,0,83095,0,0,0]
[]
["Profit before taxes",1411937,1613147,1840620,426730,1740103,2629360,3231385,3624044,1001774]
[]
["Income tax",-192718,255013,-189571,-89186,-188735,149362,-288252,583019,-96495]
["Special tax on financial activity",0,-98278,-137551,-73562,0,-34272,-1182,0,0]
["Special tax on financial institutinons",-52039,-58672,-43655,-41495,-41526,-45874,-29963,-23428,-36034]
[]
["Profit for the period",1167180,1711209,1469843,222487,1509842,2698575,2911990,4183635,869244]
[]
["Attributable to the shareholders of Kvika banki hf.",1148230,1711729,1467024,222874,1481318,2706754,2915535,4227247,884645]
["Attributable to non‐controlling interest",18950,-520,2820,-388,28525,-8179,-3545,-43612,-15401]
["Profit for the period",1167180,1711209,1469843,222487,1509842,2698575,2911990,4183635,869244]
[]
["Earnings per share"]
["Basic earnings per share (ISK per share)",0.24,0.36,0.31000000000000005,3.999999999999998E-2,0.31,0.55000000000000027,0.58999999999999986,1.08,0.4]
["Diluted earnings per share (ISK per share)",0.24,0.36,0.31000000000000005,4.9999999999999989E-2,0.3,0.55000000000000027,0.60999999999999988,1.0299999999999998,0.37]

{"sheet":"Balance sheet 9Q","index":8,"n_rows":46,"n_cols":10,"rows_kept":46,"cut":false,"hidden":false,"merged":[]}
["Balance sheet"]
["ISK thousands","2023-03-31","2022-12-31","2022-09-30","2022-06-30","2022-03-31","2021-12-31","2021-09-30","2021-06-30","2021-03-31"]
[]
["Assets"]
["Cash and balances with Central Bank",36441548,36670586,23802444,24702840,48961798,38645894,15265917,18503021,37816597]
["Fixed income securities",72881107,65160407,60194563,54934826,44410120,40046651,40364414,45381555,47978416]
["Shares and other variable income securities",20193262,19410508,18992044,18890565,23518790,22683295,21515346,20997884,18019396]
["Securities used for hedging",8633625,13841853,21524837,27178767,24890929,22085696,28105302,27071266,23490598]
["Loans to customers",109804029,107139227,103505196,97946178,83068286,71587646,69495456,67840699,68106212]
["Derivatives",3667088,4940738,5127959,4777588,3727824,2734216,2582611,2162027,2096261]
["Investment in associates",87108,88988,57778,62906,63939,67000,0,0,14674]
["Investment properties",1165398,1165398,1100000,1100000,1100000,1100000,1016905,1016905,1016905]
["Intangible assets",34104533,34079900,33845139,33916922,34026592,31455409,31990059,31961662,32020383]
["Operating lease assets",792617,884222,943984,1101064,1290041,1458621,1602258,1679372,1784025]
["Property and equipment",466060,480706,431528,408701,390765,405695,597066,609688,628739]
["Deferred tax assets",3195661,3232933,3044261,3044261,3177763,3177763,2753902,2937127,1313871]
["Reinsurance assets",693768,627469,892337,962852,1033875,749383,864454,1186823,1696357]
["Other assets",20393234,15465850,24109169,17726200,16531708,10042553,18140512,23168657,23589708]
["Total assets",312519037,303188786,297571238,286753671,286192429,246239821,234294203,244516687,259572141]
[]
["Liabilities"]
["Deposits",118960351,112245198,107521738,94605664,87680784,78669807,68192962,66551833,66302513]
["Technical provision",22493371,24362281,26218685,26825414,27502036,22434447,24298482,25582287,27169612]
["Borrowings",25600274,28120009,24427008,29133603,30053071,17261048,20011765,23309916,30227652]
["Issued bills",0,0,0,0,0,0,0,2349922,4465276]
["Issued bonds",35199947,38103414,36392657,36970206,41789862,32597716,24221738,25265542,31827233]
["Subordinated liabilities",3847516,3686451,3663678,3509078,3491689,3371766,3338085,4503723,4491162]
["Short positions held for trading",570241,1486107,1933041,1681594,1467301,1323631,1201080,341308,1653269]
["Short positions used for hedging",3007631,1343186,294895,73180,33529,1280868,391098,0,249511]
["Derivatives",1378100,1609537,1730682,2055079,3265526,3008401,2938284,2747758,2470749]
["Current tax liabilites ",206369,203214,351555,382562,381185,347068,371632,202262,323]
["Deferred tax liabilities",838006,944274,1101360,999538,955276,899942,1115611,990633,239082]
["Other liabilities",20284505,9894650,15093432,11359756,9481447,6677507,12466352,18397312,20712285]
["Total liabilities",232386311,221998322,218728731,207595672,206101706,167872201,158547088,170242497,189808666]
[]
["Equity"]
["Share capital",4781026,4781026,4770851,4784955,4817305,4790139,4761445,4743978,4690252]
["Share premium",48602825,48602825,48447981,49793559,50552951,50316002,50366900,51867420,51457680]
["Other reserves",3337952,3068159,2135222,4199080,8283988,9613793,8041976,6150944,5359883]
["Retained earnings",23314689,24661171,23410647,20357647,16415351,13696745,12618480,11549584,8250031]
["Total equity attributable to the shareholders of Kvika banki hf.",80036492,81113180,78764702,79135241,80069596,78416678,75788801,74311926,69757846]
[]
["Non-controlling interest",96235,77285,77805,22757,21127,-49058,-41686,-37736,5629]
["Total equity",80132727,81190465,78842506,79157999,80090723,78367620,75747115,74274190,69763475]
[]
["Total liabilities and equity",312519037,303188786,297571238,286753671,286192429,246239821,234294203,244516687,259572141]

{"sheet":"NII 9Q","index":9,"n_rows":22,"n_cols":10,"rows_kept":22,"cut":false,"hidden":false,"merged":[]}
["Net interest income"]
["ISK thousands","Q1 2023","Q4 2022","Q3 2022","Q2 2022","Q1 2022","Q4 2021","Q3 2021","Q2 2021","Q1 2021"]
[]
["Interest income"]
["Cash and balances with Central Bank",343882,339162,367104,154290,141182,39353,3724,32236,22764]
["Derivatives",546822,494450,767619,658614,501626,428286,344469,398506,187495]
["Loans to customers",3276396,2759930,2670621,2407519,1784005,1608781,1362011,1329315,685300]
["Fixed income securities (FVOCI)",1063958,636830,628850,420448,216329,146851,91045,122679,99112]
["Other interest income",72674,62691,64618,68017,64540,58178,45917,69665,8911]
["Total interest income",5303733,4293064,4498812,3708888,2707682,2281447,1847167,1952399,1003583]
[]
["Interest expense"]
["Deposits",1556890,1154708,914245,543043,345129,221020,144434,187260,135811]
["Borrowings",462399,490022,395921,412916,118973,58900,199935,-21750,88770]
["Issued bills",0,0,0,0,0,0,8547,17871,7916]
["Issued bonds",774549,566794,643794,683484,510291,121866,228233,471246,44771]
["Subordinated liabilities",161065,90967,143049,159225,125699,96021,93495,140782,55662]
["Derivatives",64740,57421,13925,15911,8103,7399,2091,490,577]
["Other interest expense",29396,21994,49765,39084,28533,58346,17329,15008,36453]
["Total interest expense",3049037,2381906,2160700,1853662,1136728,563551,694064,810908,369958]
[]
["Net interest income",2254695,1911158,2338112,1855226,1570954,1717897,1153102,1141492,633624]

{"sheet":"Capital 9Q","index":10,"n_rows":37,"n_cols":10,"rows_kept":37,"cut":false,"hidden":false,"merged":[]}
["Capital and risk exposure"]
["ISK thousands","2023-03-31","2022-12-31","2022-09-30","2022-06-30","2022-03-31","2021-12-31","2021-09-30","2021-06-30","2021-03-31"]
[]
["Total equity",80132727,81190465,78842506,79157999,80090723,78367620,75747115,55213875,52289251]
["Unaudited retained (positive) earnings from current period",-1148230,0,-1420535,0,-1481321,0,-2915226,0,-920679]
["Other unaudited (positive) changes to total equity in current period",-39172,0,-77480,0,-108570,0,-83550,0,-2185]
["Expected dividends as according to Dividend Policy",0,0,0,0,0,0,0,-1277373,0]
["Proposed dividends",0,-1912410,0,0,0,0,0,0,0]
["Capital eligible as CET1 Capital",78945325,79278054,77344492,79157999,78500831,78367620,72748339,53936502,51366387]
[]
["Goodwill and intangibles",-28442149,-28380760,-28134198,-28142968,-28157523,-25564998,-26101171,-26075416,-26138675]
["Shares in other financial institutions",-19081552,-18830034,-17916476,-19887749,-20444289,-20441123,-19209968,0,-436995]
["Subordinated fixed income securities",0,0,0,0,0,0,0,0,-121470]
["Deferred tax asset",-3195661,-3232933,-3044261,-3044261,-3177763,-3177763,-2753902,-2937127,-1382330]
["Common equity Tier 1 capital (CET1)",28225962,28834327,28249556,28083021,26721256,29183736,24683297,24923959,23286918]
[]
["Tier 2 capital",3727674,3621777,3584326,3483596,3344123,3312483,3265992,4405529,4340112]
["Deductions from Tier 2 capital",0,0,0,0,0,0,0,-1167948,-229863]
["Total own funds",31953636,32456104,31833883,31566617,30065379,32496219,27949290,28161540,27397168]
[]
["Risk weighted exposures"]
["Credit risk",106514906,109104748,105277504,102039627,87917972,70135184,67672705,69195361,71209334]
["Market risk",4373051,4091761,8224366,5586523,5059418,4051492,4944179,4152857,4181507]
["Operational risk",24773495,24773495,21824053,21824053,21824053,21824053,18008234,18008234,18008234]
["Total risk weighted exposures",135661452,137970004,135325922,129450203,114801443,96010729,90625119,91356453,93399075]
[]
["Capital ratios"]
["Capital adequacy ratio (CAR)",0.23599999999999999,0.23499999999999999,0.23499999999999999,0.24399999999999999,0.26300000000000001,0.33800000000000002,0.308,0.308,0.29299999999999998]
["CET1 ratio",0.20799999999999999,0.20899999999999999,0.20899999999999999,0.217,0.23300000000000001,0.30399999999999999,0.27200000000000002,0.27300000000000002,0.249]
[]
["Total own funds including unaudited retained earnings and expected dividends",32853980,0,33338050,0,31078016,0,29387117,0,28089862]
["Capital adequacy ratio, adjusted",0.245,0,0.246,0,0.27100000000000002,0,0.32400000000000001,0,0.30099999999999999]
["CET1 ratio, adjusted",0.215,0,0.22,0,0.24199999999999999,0,0.28799999999999998,0,0.251]
[]
["Minimum Capital adequacy ratio requirement",0.115,0.115,0.115,0.151,0.151,0.151,0.151,0.151,0.151]
["Minimum Capital adequacy ratio requirement including supervisory buffers",0.17899999999999999,0.17899999999999999,0.17699999999999999,0.20599999999999999,0.20599999999999999,0.20599999999999999,0.20599999999999999,0.20599999999999999,0.20599999999999999]
["Minimum CET1 ratio requirement including supervisory buffers",0.129,0.129,0.127,0.14000000000000001,0.14000000000000001,0.14000000000000001,0.14000000000000001,0.14000000000000001,0.14000000000000001]

{"sheet":"Disclaimer","index":11,"n_rows":6,"n_cols":1,"rows_kept":6,"cut":false,"hidden":false,"merged":[]}
[]
["Disclaimer"]
["This document and the information contained therein has been prepared by Kvika banki hf. (“Kvika”) on a best knowledge basis and has not been verified or audited. The purpose of the document is solely for information purposes and should not be relied upon or form a basis for any action or decision. Kvika does not guarantee that information contained in the document is without fault or entirely accurate. Some information may be based on assumptions or market conditions and may change without notice. Accordingly, no representation or warranty, express or implied, is made as to the fairness, accuracy, completeness or correctness of the information, forecasts, opinions and expectations contained in this document and no reliance should be placed on such information, forecasts, opinions and expectations."]
["Forward looking statements represent Kvika’s current expectations, plans or forecasts of its future results, revenues and beliefs held by Kvika at the time of publication. Forward looking statements may deviate from what is presented in this document. Therefore, nothing in this document shall be relied on as a promise or representation as to the future. Kvika does not undertake any obligation to (i) provide the recipient with access to any additional information, (ii) update this document to reflect the impact of circumstances or events that arise after the date any forward looking statement was made, or (iii) correct any inaccuracies herein which may become apparent.None of Kvika or any of its affiliates or advisers, any of their respective directors, officers or employees, or any other person, accepts any responsibility or liability for any reliance on any of the information contained herein. "]
["Please note that due to rounding, numbers may not add up precisely to the totals provided and percentages may not precisely reflect the absolute figures."]
["By accepting this document, you agree to be bound by the foregoing instructions and limitations."]