September 23, 2014 6:25 AM ET

Diversified Financial Services

Company Overview of Wasa Kredit AB

Company Overview

Wasa Kredit AB offers financing leasing services for cars, computers, and appliances. The company is based in Stockholm, Sweden. As of May 20, 1998, Wasa Kredit AB operates as a subsidiary of Länsförsäkringar Bank AB (publ).

Sankt Eriksgatan 115

Stockholm,  113 43

Sweden

Phone:

46 86 35 38 00

Fax:

46 86 76 02 75

Key Executives for Wasa Kredit AB

President and Chief Executive Officer
Age: 45
Compensation as of Fiscal Year 2014.

Wasa Kredit AB Key Developments

Wasa Kredit AB Announces Earnings Results for the Six Months Ended June 2014

Wasa Kredit AB announced earnings results for the six months ended June 2014. For the period, net interest income was SEK 300 million and operating profit was SEK 133 million against net interest income of SEK 286 million and operating profit of SEK 129 million for the same period a year ago. Operating profit in creased 3% due to higher lending volumes.

Wasa Kredit Reports Earnings Results for the Nine Months Ended September 30, 2013

Wasa Kredit reported earnings results for the nine months ended September 30, 2013. Operating profit rose 55% to SEK 203 million against SEK 131 million a year ago, largely a result of increased net interest income and lower loan losses. Net interest income increased 12% to SEK 433 million against 385 million a year ago, due to higher margins and growth in hire purchase and unsecured loans.

Wasa Kredit Reports Earnings Results for Six Months Ended June 30, 2013

Wasa Kredit reported earnings results for six months ended June 30, 2013. For the period, the company’s operating profit was SEK 129 million against SEK 80 million a year ago. Net interest income was SEK 286 million against SEK 249 million a year ago. The increase in operating profit was due to higher net interest income. The increase in net interest income was due to higher margins.

Similar Private Companies By Industry

Company Name Region
DDM Treasury Sweden AB Europe
D. Hagberg & Partners AB Europe
Daloc Futura AB Europe
MGA Holding AB Europe
Kaupthing Finans AB Europe

Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup

Most Searched Private Companies

Company Name Geographic Region
NYC2012, Inc. United States
Lawyers Committee for Civil Rights Under Law United States
Bertelsmann AG Europe
Rush University United States
Greater Houston Partnership United States

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact Wasa Kredit AB, please visit www.wasakredit.se. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.