Spar Nord achieved a profit after tax of DKK 546million in H1 2019, which corresponds to an annualised return on equity of 12.4%. The financial performance is considered highly satisfactory, not leastgiven the fact that the financial statements for H1of last year included positive non-recurring itemsof approximately DKK 250 million, while positivenon-recurring items in 2019 only came to approximately DKK 30 million, implying an underlying improvement in pre-tax profit of about DKK 170 million