NI Holdings, Inc. (NODK) financial statements (2021 and earlier)

Company profile

Business Address 1101 FIRST AVENUE NORTH
FARGO, ND 58102
State of Incorp.
Fiscal Year End December 31
SIC 6331 - Fire, Marine, and Casualty Insurance (benchmarking)
More info Complete financial analysis Financial benchmarking

Balance sheet (Statement of financial position) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments10263692819
Cash and cash equivalents10162692818
Short-term investments11111
Receivables7    
Total current assets:10863692819
Noncurrent Assets
Property, plant and equipment108765
Intangible assets, net (including goodwill)183533
Goodwill93533
Intangible assets, net (excluding goodwill)9   (0)
Total noncurrent assets:28111297
Other undisclosed assets481435377340252
TOTAL ASSETS:618508458377279
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities1201 
Taxes payable1201 
Debt   33
Total current liabilities:12043
Noncurrent Liabilities
Liabilities, other than long-term debt94133
Deferred tax liabilities, net133
Deferred income tax liabilities94
Total noncurrent liabilities:94133
Other undisclosed liabilities259193182115119
Total liabilities:269198183121125
Stockholders' equity
Stockholders' equity attributable to parent, including:344310276256153
Common stock0000 
Treasury stock, value(24)(12)(11)(8) 
Additional paid in capital98969493 
Accumulated other comprehensive income13661610
Retained earnings259218184153140
Unearned esop shares(1)(2)(2)(2) 
Other undisclosed stockholders' equity attributable to parent 3334
Stockholders' equity attributable to noncontrolling interest5    
Total stockholders' equity:349310276256153
TOTAL LIABILITIES AND EQUITY:618508458377279

Income statement (P&L) ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Revenues306271212189164
Premiums earned, net284246196
Financial services revenue181154
Cost of revenue(220)(216)(151)(150)(20)
Policyholder benefits and claims incurred, net(168)(170)(119)
Deferred policy acquisition costs, amortization expense(51)(46)(32)(28)(20)
Financial services costs(123) 
Other undisclosed gross profit29221518 
Gross profit:115777757144
Operating expenses(254)(237)(174)(167)(158)
Operating loss:(138)(160)(97)(110)(14)
Nonoperating income
(Investment Income, Nonoperating)
15768 
Other undisclosed income from continuing operations before equity method investments, income taxes153162113115 
Income (loss) from continuing operations before equity method investments, income taxes:3092212(14)
Other undisclosed income from continuing operations before income taxes2324171020
Income from continuing operations before income taxes:533439226
Income tax expense(11)(7)(7)(6)(1)
Net income:412731165
Net income (loss) attributable to noncontrolling interest(1)(0)(0)0(0)
Net income available to common stockholders, diluted:402631165

Comprehensive Income ($ in millions)

12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
Net income:412731165
Other comprehensive income (loss)78(10)3(1)
Comprehensive income:493422194
Comprehensive income (loss), net of tax, attributable to noncontrolling interest(1)(0)(0)0(0)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent100(0)0
Comprehensive income, net of tax, attributable to parent:493422194

Statements sources

The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: