Financial holding companies

Updated: 5 June 2023

Next update: 4 June 2024

Assets for financial holding companies
Assets for financial holding companies
53 348
NOK million
Financial holding companies. Key figures. NOK Million
Financial holding companies. Key figures. NOK Million
Assets56 22653 348
Investments in subsiduaries41 29341 321
Loans to group and associated companies1 9774 898
Profit/loss on ordinary activities.6 5147 024
Profit/loss6 0256 490
Operating income6 8447 532
Explanation of symbols

Selected tables and charts from this statistics

  • Financial holding companies. Profit and loss account. NOK Million
    Financial holding companies. Profit and loss account. NOK Million
    Operating income21 22934 25421 5186 8447 532
    Income from ownership i group- and assosiated companies20 86033 81119 6116 3646 976
    Other operating income3694431 908480556
    Operating expenses.928996960841930
    Personnel costs872837724537572
    Other operating expenses.51158236303353
    Financial income and expenses-2331 65883511421
    Interest income from securities4355725368
    Other interest income(2).811631074795
    Dividends on shares, unit trust and equity certificates, excluding ownership interests3832577442423
    Interest expenses of securities8089563953
    Other interest expenses541696590102185
    Net profit etc. on capital assets2015...
    Net profit etc. on short-term investments and currency.-762 177-32188-37
    Net other financial items28206-79110
    Profit/loss on ordinary activities.20 06734 91620 6416 5147 024
    Taxes on ordinary activities453303648489534
    Net extraordinary income00100
    Taxes on extraordinary result-30000
    Profit/loss19 61834 61319 9946 0256 490
    Allocations and transfers19 61834 61319 9936 0256 489
    Dividens15 02816 03716 1672 0642 090
    Transfered/received group contribution1 4692 706-1-119
    Transferred to/from revaluation reserve.....
    Transferred to/form other equity.3 12115 8703 8273 9624 380
    Explanation of symbols
  • Financial holding companies. Balance sheet. NOK Million
    Financial holding companies. Balance sheet. NOK Million
    Intangible assets1341379611898
    Fixed tangible assets3645484949
    Capital assets113 667119 112121 37441 76041 613
    Investments in subsiduaries113 061118 593120 90241 29341 321
    Shares i ltd and gen partnerships34319120619922
    Shares in securities funds123187126127129
    Loans2 4932 2532 0671 9824 915
    Lans to group and associated companies2 4812 2482 0621 9774 898
    Other loans1255517
    Other long term assets73611 805156128
    Other long term assets in group and assosiated companies..13122824
    Other long term accounts73481 793128104
    Accounts receivable17 16031 59918 9646 700737
    Short-term claims on group companies16 97631 42618 7506 516473
    Other short-term claims184173214184264
    Short-term investments1 9043 3075 1965 2705 253
    Shares and equity certificates2244575540
    Shares in securities funds433 2604 9044 8474 656
    Bonds1 780....
    Certificates etc50....
    Financial derivatives93235368557
    Bank deposits9 6175 0351 949189554
    Banks9 6175 0011 949189554
    Foreign banks0350..
    Total assets145 021161 851151 50256 22653 348
    Liabilities and equity capital
    Equity capital101 480112 827102 63343 32443 199
    Deposit capital65 34565 12662 49023 68921 056
    Share capital27 56227 12624 3308 5667 557
    Premium fund37 78338 00138 16015 12313 499
    Retained earnings36 13547 70140 14219 63522 144
    Revaluation reserve.....
    Other equity.....
    Provisions for obligations180192198204182
    Other long-term liabilities27 16931 20330 4408 7606 453
    Bonds3 0562 4912 0842 9522 452
    Long-term debt to credit institutions24 04928 64628 3435 6563 829
    Other long-term debt to group companies5454..650
    Other long-term liabilities101113146122
    Short-term liabilities16 19217 63018 2313 9383 513
    Short-term debt to credit institutions.....
    Payable tax etc139166481215172
    Transferes to dividend15 02816 03715 0443812 069
    Other short-term debt to group companies6539761 1541 2691 025
    Other short-term liabilities3714511 5522 073247
    Total equity and liabilities145 021161 851151 50256 22653 348
    Number of companies141311109
    Explanation of symbols

About the statistics

A financial holding company is characterised as a parent company in or part of a financial group in accordance with the Financial Business Act. Financial holding companies are not financial institutions in the traditional sense. Their role in the financial market is primarily to manage ownership interests in other financial institutions (their subsidiaries).

Balance sheet: The balance sheet shows assets, liabilities and equity at the end of accounting period.

Profitt and loss account: The profit and loss account shows income, costs and expenses over the course of the accounting period.

We have four types of classification: instrument, sector, industry and type.

Financial instruments and physical capital
Liabilities, claims and other assets in the balance sheet of the financial institutions are divides into two main groups with a view to providing major uniform groups such as bank lending, funding and deposits.
Debtor and creditor industry
Borrowers and lenders are classified according to institutional sector classification, based on national accounts rules.
Debtor and creditor industry
Based on the rules in the industry standard, the individual financial instruments are grouped according to the debtor's or creditor's industry affiliation.
Types of income and expenses
Including interest income and expenses, are based on national accounts rules.

Name: Financial holding companies
Topic: Banking and financial markets

4 June 2024

Division for Financial Markets Statistics

Only at national level



Publication-ready data are stored in a FAME-database

The purpose is to contribute financial accounting data to the credit market statistics and the financial sector balance sheets and the census of foreign assets and liabilities. Statistics Norway's accounts statistics for financial holding companies in Norway contain figures from 1994. Since 1996 the statistics have been based on standardized questionnaires, while the accounting data for 1994 and 1995 are based on information in annual reports.

The statistics are includes in national accounts, financial sectors balances and the census of foreign assets and liabilities.

Not relevant

The statistics are based on the guidelines in the System of National Accounts (SNA) and the IMF's Manual on Monetary and Financial Statistics.

Act on the supervision on Credit Institutions, Insurance Companies and Securities Trading etc. Statistics Act Section 2-2.

Council regulation (EC) no. 2223/96

Council regulation (EC) no. 1392/2007

Council regulation (EC) no. 1606/2002

Council regulation (EC) no. 297/2008

The population is all financial holding companies in Norway licensed by the Banking, Insurance and Securities Commission.

The statistics are based on accounting data from the enterprises.

The sample is defined by financial holding companies licensed by the Banking, Insurance and Securities Commission.

Statistics Norway collect the accounting information from the enterprises.

Revision of the Financial holding companies accounting statments are undertaken by Statistics Norway.

Not relevant

If there are less than three observations in one cell, numbers will not be published.

The accounts statistics for financial holding companies are, as far as possible, based on current accounting rules. Breaks can therefore occur in connection with changes in accounting legislation.

Errors and discrepancies can occur in the accounting data. These discrepancies can have a number of sources:

  • Errors in the reporting institutions' accounts
  • Errors in the transfer of data from the institution's primary accounts to recipients
  • Different accounting and evaluation principles
  • Different accounting dates for transactions
  • Insufficient data from the reporting parties
  • Processing errors

Due to large amounts of data and a dynamic control and revision system, published data will be regarded as preliminary until next years data for the same period is published. This means that data for the current year may be revised without this being marked in the preceeding publishing. Large and important revision however, will be commented upon in the publishing of Today's Statistics.

Not relevant