229722_not-searchable
/en/bank-og-finansmarked/statistikker/finhold/aar
229722
Increased annual profit
statistikk
2015-06-08T10:00:00.000Z
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
The annual profit for financial holding companies increased by 5.1 per cent from 2013 to 2014.

Financial holding companies, 2014

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Increased annual profit

The annual profit for financial holding companies increased by 5.1 per cent from 2013 to 2014. The increase was mainly due to a reduction in taxes.

Financial holding companies. Key figures. NOK MillionPublished 8 June 2015
Total
20132014
Assets122 757118 735
Investments in subsiduaries99 49597 469
Lans to group and associated companies1 7661 777
Profit/loss on ordinary activities.10 1108 480
Profit/loss7 6328 022
Operating income11 7899 655

Source: Statistics Norway

The annual profit increased by NOK 0.4 billion, from NOK 7.6 billion in 2013 to NOK 8 billion in 2014. The increase in annual profits is mainly due to a decrease in taxes.

Total assets decreased by 3.3 per cent, from NOK 123 billion in 2013 to NOK 119 billion in 2014.

The main reason for the decrease is reduced investments in subsidiaries.

Loans have increased by 3.9 per cent, from NOK 3.1 billion to NOK 3.2 billion. Long and short-term bond holdings have decreased by 7 per cent to NOK 1.6 billion.