Financial statement

INCOME STATEMENT

(Amounts in NOK 1 000 000)	Note	4th quarter 2024	2024	4th quarter 2023	2023
Interest income from assets measured at amortised cost		5 017	19 557	4 623	15 411
Interest income from assets measured at fair value		1 820	7 375	2 073	6 933
Total interest income		6 836	26 931	6 696	22 345
Interest expense		6 282	24 678	6 163	20 240
Net interest income	1	554	2 253	534	2 105
Fees and commission expenses		31	125	34	126
Net gain/(loss) on financial instruments	2	(62)	157	338	212
Increased/(reduced) provision for expected credit loss	6	(4)	(9)	1	(10)
Total other operating income		(89)	41	303	96
Salaries and administrative expenses		48	221	46	190
Depreciation of fixed and intangible assets		12	48	11	43
Other operating expenses		38	115	30	92
Total operating expenses		98	383	87	325
Profit before tax		367	1 911	749	1 876
Income tax		87	437	183	444
Profit for the period		280	1 474	566	1 432
Portion allocated to shareholder		239	1 312	525	1 301
Portion allocated to owners of additional Tier 1 capital		41	162	41	131

STATEMENT OF COMPREHENSIVE INCOME

(Amounts in NOK 1 000 000)	Note	4th quarter 2024	2024	4th quarter 2023	2023
Profit for the period		280	1 474	566	1 432
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	(78)	(305)	627	484
Actuarial gain/(loss) on pension liability		11	11	(8)	(8)
Tax		17	73	(155)	(119)
Total other comprehensive income		(50)	(220)	464	357
Total comprehensive income for the period		230	1 254	1 030	1 789
Portion allocated to shareholder		189	1 091	989	1 658
Portion allocated to owners of additional Tier 1 capital		41	162	41	131