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/en/bank-og-finansmarked/statistikker/finhold/aar
125757
Increased annual profit
statistikk
2013-07-12T10:00:00.000Z
Banking and financial markets
en
finhold, Financial holding companies, profit and loss account, balance sheet, utilised loans, securities, bonds, commercial papersFinancial institutions and other financial corporations, Banking and financial markets
false

Financial holding companies, 2012

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Increased annual profit

The annual profit for financial holding companies increased by NOK 5 billion from 2011 to 2012. The increase was mainly due to an increase in income from subsidiaries and associated companies.

Financial holding companies. HovedtallPublished 12 July 2013
Total
20112012
Assets107 191112 551
Investments in subsiduaries92 95393 823
Lans to group and associated companies2 2421 791
Profit/loss on ordinary activities.8778 842
Profit/loss1 2446 259
Operating income1 75610 109

Source: Statistics Norway

The annual profit increased by NOK 5 billion, from NOK 1.3 billion in 2011 to NOK 6.3 billion in 2012. The increase in annual profits is mainly due to an increase in income from subsidiaries and associated companies.

Total assets increased by 5 per cent, from NOK 107 billion in 2011 to NOK 113 billion in 2012.

The main reason for the increase is an increase in short-term claims on group companies.

Loans to group and associated companies decreased by 20 per cent, from NOK 2.2 billion to NOK 1.8 billion. Long and short-term bond holdings increased by 38 per cent to NOK 1.8 billion.