- Investor Relations
- Accounting & risks
Accounting & risks
Interim report H1 2023
Spar Nord achieved a profit after tax of DKK 1.178 million in the first six months of 2023, which corresponds to an annualized return on equity of 20,1 percent. Management considers the performance as very satisfying.
The performance is positively affected by the rising marked interest rates and the results on the financial markets as well as the fact that the total write-downs turned into a minor income.
Based on the development in the first six months of 2023 and the expectations for the remainder of the year the overall financial goal is to generate a profit in the upper level of DKK 2.100-2.400 million in 2023.