First quarter report 2008
Press release
First quarter report 2008
Financial highlights
First quarter 2008
· Pre-tax operating profits before write-downs were NOK 1.5 billion (3.8)
· Profit for the period was NOK 1.1 billion (2.9)
· Return on equity was 5.7 per cent (17.2)
· Earnings per share were NOK 0.79 (2.11)
· Expenses represented 74.3 per cent of income (49.8)
· The core capital ratio, including 50 per cent of interim profits, was 7.0 per cent (7.6)