Financial statement
INCOME STATEMENT
| (Amounts in NOK 1 000 000) | Note | 1st quarter 2026 | 1st quarter 2025 | 2025 |
|---|---|---|---|---|
| Interest income from assets measured at amortised cost | 4 690 | 5 068 | 19 983 | |
| Interest income from assets measured at fair value | 1 065 | 1 537 | 5 754 | |
| Total interest income | 5 755 | 6 606 | 25 737 | |
| Interest expense | 5 162 | 6 053 | 23 271 | |
| Net interest income | 1 | 593 | 552 | 2 466 |
| Fees and commission expenses | 28 | 27 | 117 | |
| Net gain/(loss) on financial instruments | 2 | 3 | 162 | 501 |
| Increased/(reduced) provision for expected credit loss | 6 | 6 | 10 | 4 |
| Total other operating income | (31) | 125 | 380 | |
| Salaries and administrative expenses | 66 | 63 | 247 | |
| Depreciation of fixed and intangible assets | 11 | 12 | 54 | |
| Other operating expenses | 22 | 25 | 136 | |
| Total operating expenses | 100 | 100 | 437 | |
| Profit before tax | 463 | 577 | 2 409 | |
| Income tax | 112 | 140 | 515 | |
| Profit for the period | 351 | 437 | 1 894 | |
| Portion allocated to shareholder | 313 | 397 | 1 733 | |
| Portion allocated to owners of additional Tier 1 capital | 38 | 40 | 161 |
STATEMENT OF COMPREHENSIVE INCOME
| (Amounts in NOK 1 000 000) | Note | 1st quarter 2026 | 1st quarter 2025 | 2025 |
|---|---|---|---|---|
| Profit for the period | 351 | 437 | 1 894 | |
| Other comprehensive income | ||||
| Items which will not be reclassified to profit or loss | ||||
| Change in fair value of liabilities due to changes in own credit risk | 9 | (345) | (1) | (224) |
| Actuarial gain/(loss) on pension liability | 0 | 0 | 19 | |
| Tax | 86 | 0 | 51 | |
| Total other comprehensive income | (259) | (0) | (154) | |
| Total comprehensive income for the period | 92 | 437 | 1 740 | |
| Portion allocated to shareholder | 54 | 397 | 1 579 | |
| Portion allocated to owners of additional Tier 1 capital | 38 | 40 | 161 | |