Financial statement
INCOME STATEMENT
| (Amounts in NOK 1 000 000) | Note | 3rd quarter 2025 | January - September 2025 | 3rd quarter 2024 | January - September 2024 | 2024 |
|---|---|---|---|---|---|---|
| Interest income from assets measured at amortised cost | 5 053 | 15 196 | 4 970 | 14 540 | 19 557 | |
| Interest income from assets measured at fair value | 1 347 | 4 292 | 1 797 | 5 555 | 7 375 | |
| Total interest income | 6 400 | 19 488 | 6 767 | 20 095 | 26 931 | |
| Interest expense | 5 812 | 17 779 | 6 172 | 18 396 | 24 678 | |
| Net interest income | 1 | 588 | 1 709 | 595 | 1 699 | 2 253 |
| Fees and commission expenses | 28 | 89 | 28 | 94 | 125 | |
| Net gain/(loss) on financial instruments | 2 | 133 | 339 | (54) | 219 | 157 |
| Increased/(reduced) provision for expected credit loss | 6 | (6) | 5 | 4 | (5) | (9) |
| Total other operating income | 111 | 246 | (86) | 130 | 41 | |
| Salaries and administrative expenses | 60 | 186 | 63 | 173 | 221 | |
| Depreciation of fixed and intangible assets | 15 | 40 | 12 | 35 | 48 | |
| Other operating expenses | 36 | 95 | 27 | 77 | 115 | |
| Total operating expenses | 111 | 322 | 102 | 285 | 383 | |
| Profit before tax | 588 | 1 632 | 408 | 1 544 | 1 911 | |
| Income tax | 143 | 371 | 97 | 350 | 437 | |
| Profit for the period | 445 | 1 261 | 310 | 1 194 | 1 474 | |
| Portion allocated to shareholder | 406 | 1 138 | 269 | 1 072 | 1 312 | |
| Portion allocated to owners of additional Tier 1 capital | 40 | 122 | 41 | 122 | 162 |
STATEMENT OF COMPREHENSIVE INCOME
| (Amounts in NOK 1 000 000) | Note | 3rd quarter 2025 | January - September 2025 | 3rd quarter 2024 | January - September 2024 | 2024 |
|---|---|---|---|---|---|---|
| Profit for the period | 445 | 1 261 | 310 | 1 194 | 1 474 | |
| 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 | (214) | (76) | 82 | (227) | (305) |
| Actuarial gain/(loss) on pension liability | 0 | 0 | 0 | 0 | 11 | |
| Tax | 54 | 19 | (21) | 57 | 73 | |
| Total other comprehensive income | (161) | (57) | 62 | (170) | (220) | |
| Total comprehensive income for the period | 285 | 1 204 | 372 | 1 024 | 1 254 | |
| Portion allocated to shareholder | 245 | 1 082 | 331 | 902 | 1 091 | |
| Portion allocated to owners of additional Tier 1 capital | 40 | 122 | 41 | 122 | 162 | |