BluOr Bank AS financials
BluOr Bank AS
Country: LV Reporting currency: EUR Latest annual report: 2023-12-31
LEI:
54930080G2M7EJ097A27 Financial statements
(EUR, as reported — unscaled; 97 line items across 2 annual periods)
| Line item | 2023 | 2022 |
|---|---|---|
| Income statement | ||
| Other income | €1.7M | €942.0K |
| Administrative expenses | €16.2M | €13.7M |
| Operating expenses | €20.2M | €16.2M |
| Profit before tax | €17.8M | €10.3M |
| Income tax expense | €4.1M | €12.0K |
| Profit for the year | €13.7M | €10.3M |
| Total comprehensive income | €14.5M | €8.2M |
| Cash flow statement | ||
| Cash generated from operations | €228.5M | -€167.8M |
| Net cash from operating activities | €228.2M | -€167.8M |
| Net cash from investing activities | -€400.0K | -€29.0K |
| Net cash from financing activities | -€4.0M | -€2.9M |
| Dividends paid | €9.0M | €7.5M |
| Lease liability payments | €0 | €0 |
| Balance sheet | ||
| Total assets | €908.3M | €668.5M |
| Property, plant & equipment | €23.5M | €24.6M |
| Right-of-use assets | €0 | €0 |
| Cash & equivalents | €354.5M | €130.7M |
| Total equity | €81.3M | €75.9M |
| — attributable to owners | €81.3M | €75.9M |
| Derived metrics | ||
| Free cash flow | €227.9M | -€167.9M |
| Return on equity | 16.8% | 13.5% |
| Cash conversion ratio | 16.66× | -16.37× |
| Capex coverage | 770.90× | -1446.74× |
| Other reported items | ||
| Accruals and Deferred Income Including Contract Liabilities | €2.3M | €1.1M |
| Additional Allowance Recognised In Profit Or Loss Allowance Account For Credit Losses of Financial Assets | €2.1M | €890.0K |
| Adjustments For Amortisation Expense | €132.0K | €189.0K |
| Adjustments For Decrease Increase In Accrued Income Including Contract Assets | €807.0K | €314.0K |
| Adjustments For Decrease Increase In Financial Assets Held For Trading | €3.0K | €1.6M |
| Adjustments For Decrease Increase In Loans and Advances To Banks | €4.2M | -€8.4M |
| Adjustments For Decrease Increase In Other Assets | €589.0K | -€2.7M |
| Adjustments For Depreciation Expense | €1.2M | €1.4M |
| Adjustments For Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €2.1M | €890.0K |
| Adjustments For Increase Decrease In Financial Liabilities Held For Trading | €0 | -€1.0K |
| Adjustments For Increase Decrease In Other Liabilities | -€949.0K | €2.2M |
| Adjustments For Interest Expense | €11.5M | €5.3M |
| Adjustments For Interest Income | €37.1M | €22.8M |
| Cash and Bank Balances At Central Banks | €338.0M | €120.5M |
| Cash Flows From Used In Operations Before Changes In Working Capital | -€4.4M | -€4.7M |
| Current Tax Assets | €0 | €3.0K |
| Current Tax Liabilities | €3.8M | €0 |
| Derivative Financial Assets | €0 | €3.0K |
| Dividends Recognised As Distributions To Owners Per Share | €0.28 | €0.24 |
| Equity and Liabilities | €908.3M | €668.5M |
| Estimated Financial Effect of Contingent Liabilities | €100.0M | €59.1M |
| Fee and Commission Expense | €1.7M | €1.9M |
| Fee and Commission Income | €12.6M | €10.4M |
| Fee and Commission Income Expense | €10.9M | €8.4M |
| Financial Assets At Fair Value Through Profit Or Loss | €0 | €3.0K |
| Financial Liabilities At Amortised Cost | €814.2M | €581.7M |
| Gains Losses On Financial Assets At Fair Value Through Profit Or Loss Classified As Held For Trading | -€217.0K | -€1.7M |
| Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss | €0 | -€97.0K |
| Income Taxes Paid Refund Classified As Operating Activities | €288.0K | €12.0K |
| Increase Decrease In Cash and Cash Equivalents | €223.8M | -€170.8M |
| Intangible Assets Other Than Goodwill | €267.0K | €256.0K |
| Interest Expense | €11.5M | €5.3M |
| Interest Paid Classified As Operating Activities | €8.1M | €5.5M |
| Interest Received Classified As Operating Activities | €36.2M | €23.9M |
| Interest Revenue Calculated Using Effective Interest Method | €36.7M | €22.6M |
| Interest Revenue Expense | €25.5M | €17.6M |
| Investment Property | €2.9M | €2.8M |
| Investments In Associates Accounted For Using Equity Method | €827.0K | €827.0K |
| Investments In Subsidiaries | €0 | €0 |
| Issued Capital | €44.5M | €44.5M |
| Lease Liabilities | €0 | €0 |
| Liabilities | €827.0M | €592.7M |
| Loans and Advances To Banks | €24.8M | €25.3M |
| Loans and Receivables | €398.6M | €308.3M |
| Net Foreign Exchange Gain | €61.0K | €1.2M |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | €11.2M | €11.2M |
| Other Adjustments To Reconcile Profit Loss | €1.2M | -€264.0K |
| Other Assets | €9.5M | €10.1M |
| Other Cash Payments To Acquire Equity Or Debt Instruments of Other Entities Classified As Investing Activities | €0 | €0 |
| Other Cash Receipts From Sales of Equity Or Debt Instruments of Other Entities Classified As Investing Activities | €0 | €0 |
| Other Comprehensive Income | €764.0K | -€2.0M |
| Other Comprehensive Income Net of Tax Exchange Differences On Translation | -€9.0K | -€6.0K |
| Other Comprehensive Income Net of Tax Financial Assets Measured At Fair Value Through Other Comprehensive Income | €773.0K | -€1.9M |
| Other Comprehensive Income Net of Tax Gains Losses From Investments In Equity Instruments | €0 | -€112.0K |
| Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax | €764.0K | -€1.9M |
| Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax | €0 | -€112.0K |
| Other Expense By Nature | €1.9M | €1.7M |
| Other Financial Assets | €413.0K | €338.0K |
| Other Inflows Outflows of Cash Classified As Operating Activities | -€86.0K | €197.0K |
| Other Liabilities | €2.0M | €3.1M |
| Other Reserves | -€3.4M | -€3.4M |
| Prepayments and Accrued Income Other Than Contract Assets | €854.0K | €1.7M |
| Proceeds From Issue of Bonds Notes and Debentures | €5.0M | €4.9M |
| Proceeds From Sales of Investment Property | €84.0K | €87.0K |
| Provisions | €298.0K | €129.0K |
| Purchase of Investment Property | €188.0K | €0 |
| Purchase of Property Plant and Equipment Intangible Assets Other Than Goodwill Investment Property and Other Noncurrent Assets | €296.0K | €116.0K |
| Repayments of Bonds Notes and Debentures | €0 | €264.0K |
| Retained Earnings | €41.6M | €36.9M |
| Revaluation Surplus | -€1.4M | -€2.1M |
| Revenue and Operating Income | €37.9M | €26.4M |
| Revenue From Interest | €37.1M | €22.8M |
| Statutory Reserve | €24.0K | €24.0K |
| Subordinated Liabilities | €2.6M | €2.0M |
Methodology
Every line item above is a fact tagged in BluOr Bank AS's annual report
filed in the European Single Electronic Format (ESEF) under the IFRS
taxonomy (ifrs-full) — the income statement, balance sheet
and cash-flow statement as the filer reported them. Values are shown
as-is, in the reporting currency (EUR), without
rescaling; the row labels map to the underlying concept name (e.g.
Revenue → ifrs-full:Revenue, Operating profit →
ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS →
ifrs-full:DilutedEarningsLossPerShare), and any concept
without a curated label is shown under “Other reported items” with its
de-camel-cased tag name. Only consolidated, default-member facts are
shown (segment / dimensional breakdowns are excluded).
“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.
Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.