Profit performance

QUARTERLY PROFIT (NOK million)Q4 2020Q3 2020Q2 2020Q1 2020Q4 2019
Net interest income95101698182
Other operating income004-5-4
Total operating costs1212141212
Profit before impairment on loans8389596466
Impairment on loans-1-1031
Pre tax profit8490596165
Tax182013134
Profit after tax6670464861
      
As a percentage of average assets:
Net interest income1.311.320.931.241.21
Other operating income0.000.000.05-0.07-0.07
Total operating costs0.170.160.180.180.17
Profit before impairment on loans1.141.160.800.990.97
Impairment on loans-0.02-0.010.000.050.01
Pre tax profit1.161.170.800.940.96
Tax0.260.260.170.200.06
Profit after tax0.900.910.630.740.90
      
Average total assets (NOK million)29 04330 44329 47326 29326 891
ACCUMULATED PROFIT FOR THE YEAR (NOK million)31.12.202031.12.2019
Net interest income345308
Other operating income-1-3
Total operating costs4945
Profit before impairment on loans295260
Impairment on loans1-11
Pre tax profit294271
Tax6449
Profit after tax230222
   
As a percentage of average assets: 
Net interest income1.201.21
Other operating income0.00-0.01
Total operating costs0.170.18
Profit before impairment on loans1.031.02
Impairment on loans0.00-0.04
Pre tax profit1.031.06
Tax0.220.19
Profit after tax0.810.87
   
Average total assets (NOK million)28 81325 460