Alda Credit Fund II Announces Interim Financial Results

Author: Dylan Bailey Updated: 08-28-2024 10:00 AM

Alda Credit Fund II Interim Financial Results

Alda Credit Fund II slhf. released its interim financial results for the period ending June 30, 2024. The fund, which issued the bonds ACF II 18 1 and was listed on NASDAQ OMX Iceland hf. in 2021, provided noteworthy insights into its performance during this time.

Key Financial Highlights

For the reported period, several key financial metrics have been outlined:

The company reported a net profit of 103.8 million kr. according to its income statement.
Total assets amounted to 9,409 million kr., as indicated on the balance sheet.
Shareholder equity reached 2,115 million kr., reflecting the financial stability of the organization.
Deloitte ehf. conducted an audit of the interim financial report. Their examination yielded no discrepancies, confirming that the report accurately represents the fund's performance and liquidity changes in accordance with internationally recognized accounting standards, as established by the European Union, as well as the additional requirements outlined in the annual accounts laws and the specialized fund management laws.

Future Outlook

The positive performance indicated by the interim financial results underscores Alda Credit Fund II's robust financial health. The commitment to maintaining compliance with both national and international regulations reflects a strong governance framework designed to shield investor interests while promoting growth.

Contact Information

For further information and inquiries, the staff at Kvika Asset Management hf. can be reached at telephone number 522-0010.

Frequently Asked Questions

What is Alda Credit Fund II's recent profit amount?

The fund reported a net profit of 103.8 million kr. for the period ending June 30, 2024.

What are the total assets of Alda Credit Fund II?

Total assets for the fund are reported to be 9,409 million kr. as of June 30, 2024.

Who conducted the audit for the interim financial report?

The audit was conducted by Deloitte ehf., who confirmed that the financial statements accurately reflect the fund's performance.

How can I contact Alda Credit Fund II for more information?

Inquiries can be directed to Kvika Asset Management hf. at the telephone number 522-0010.

What is the significance of the bonds ACF II 18 1?

The ACF II 18 1 bonds were issued to secure investment activities and are part of Alda Credit Fund II’s strategy to grow its asset base.

About The Author

My name is Dylan Bailey, and I am 28 years old. I am an author and an expert on the stock market who specializes in publicly traded companies. Early fascination with the stock market inspired me to seek a finance degree and then delve deeply into the world of stocks. I have developed over the years my abilities to spot investment prospects, assess business performance, and analyze market trends.

My books and articles try to help regular investors understand the nuances of the stock market. Anyone can, in my opinion, make wise investment choices and succeed financially if they have the correct information and resources. In my writing, I combine in-depth research with practical insights and advice that can be put into action. This is done with the intention of assisting readers in navigating the constantly shifting landscape of publicly traded companies.

In addition to writing, I also host webinars and workshops, where I give presentations and share my knowledge with a wider audience. I also write for top financial journals and show up as a guest analyst on financial news shows. I like to travel, spend time with my family, and keep active by playing different sports when I'm not buried in market research.

My goal is to enable people to choose wisely and consciously in their investments, so taking charge of their financial futures. By my work, I hope to create a community of informed and self-assured investors prepared to take advantage of the chances presented by the stock market.

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