Published
- Press releases
High demand for EKN guarantees
After two consecutive record years, EKN's guarantee volume was lower in 2025, totalling SEK 57.2 billion. However, the volume of offers reached a new all-time high of SEK 390.2 billion – indicating high guarantee volumes going forward.
“In a situation where US politics is creating instability and reshaping the conditions for global trade, export credit guarantees from a financially robust Sweden provide and important competitive advantage. EKN’s risk capacity acts as a catalyst that enables deals to happen,” says Åke Nordlander, Director-General of EKN.
The largest sector in EKN’s portfolio in 2025 was defence. A large volume of offer requests and many ongoing business processes indicate that defence will continue to dominate EKN’s portfolio for a long time to come.
This year's guarantees also reflect the demand for Swedish world-leading technology in power transmission and telecommunications.
The guarantees for small and medium-sized enterprises' transactions covered a variety of industries, from industrial engineering and technical consulting services to environmental technology and trade. Many small and medium-sized enterprises with a civil focus have seen opportunities in defence and security.
“SMEs account for nearly 40 per cent of Sweden's goods exports and form a vital backbone as subcontractors in the export industry. During the year, we made 1,200 customer visits around the country and finally encountered cautious optimism among many after a couple of challenging years,” says Åke Nordlander.
EKN reported a strong result of SEK 1.4 billion, compared with SEK 2.8 billion the previous year. The difference is due to lower guarantee volume compared with the record volumes seen previously. EKN continues to retain a solid financial position after many years of positive results.
The year in brief
- During the year, EKN guaranteed 1,219 new transactions of which 345 for SMEs (1,412 new transactions, SMEs 374).
- The exports that EKN guaranteed went to 123 countries (125). At year-end, EKN had guarantees outstanding for transactions in 131 countries (143).
- There were 419 customers, of which 272 were SMEs. (404, of which 267 SMEs).
- Statutory limit utilisation at year-end was SEK 532.4 billion (431.2).
- The profit amounted to SEK 1.4 billion (2.8). EKN continues to have a stable financial position.
- The volume of guarantees amounted to SEK 57.2 billion, of which 2.4 billion was to SME (103.6, SME 2.6).
- The volume of offers amounted to SEK 390.2 billion, of which 3.0 billion to SMEs (182.9, SMEs 4.3).
The amount in brackets refer to the previous year.
