Financial information

Swedish competitiveness led to a record of guarantee volume

ANNUAL REPORT 2023

This year marks an historic milestone for EKN, achieving the highest volume of guarantees in our 90-year history. The innovative solutions offered by Swedish companies are increasingly in demand, especially in relation to green development and transition.

The year in brief

• During the year, EKN guaranteed 1,472 new transactions of which 378 for SMEs (1,505 new transactions, SMEs 441).
• The volume of guarantees amounted to SEK 95.7 billion, of which 2.4 billion was to SME (64.8, SME 2.6).
• The exports that EKN guaranteed went to 123 countries (137) . At year-end, EKN had guarantees outstanding for transactions in 138 countries (140).
• There were 399 customers, of which 264 were SMEs. (419, of which 275 SMEs).
• During the year EKN recovered SEK 680 million (799).
• Provisions for claims including re-insurance amounted to SEK 4.4 billion (5.3).
• Claims payments amounted to SEK 911 million (881).
• The profit amounted to SEK 2,212 million (–912). EKN continues to have a stable financial position.

The amount in brackets refer to the previous year.

The figures above do not include working capital credit guarantees for large corporates, if not stated.

* In those balance sheet items the working capital credit guarantees for large corporates are included.
** Proforma.