Protector Forsikring ASA Income Statement

Financials in millions NOK. Fiscal year is January - December.

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Premiums & Annuity Revenue	12,961	11,135	8,802	5,793	4,921
Total Interest & Dividend Income	851	642	278	1,065	268.73
Gain (Loss) on Sale of Investments	843	287	729	33.5	598.77
Other Revenue	-	-	-	20.1	21.54
Total Revenue	14,655	12,064	9,809	6,911	5,810
Revenue Growth (YoY)	21.48%	22.99%	41.94%	18.95%	5.65%
Policy Benefits	9,328	8,478	6,711	4,358	3,810
Selling, General & Administrative	1,526	1,016	829	585.5	535.54
Other Operating Expenses	243	435	273	223	178.54
Reinsurance Income or Expense	-	-	-	-	130.7
Total Operating Expenses	11,097	9,929	7,813	5,166	4,393
Operating Income	3,558	2,135	1,996	1,745	1,416
Interest Expense	-120	-83	-63	-34.4	-
Other Non Operating Income (Expenses)	-1	-	-	0.2	-0
Pretax Income	3,437	2,052	1,933	1,711	1,416
Income Tax Expense	791	513	439	341.4	251.66
Earnings From Continuing Ops.	2,646	1,539	1,494	1,369	1,165
Earnings From Discontinued Ops.	-	-	15	9.7	67.43
Net Income	2,646	1,539	1,509	1,379	1,232
Net Income to Common	2,646	1,539	1,509	1,379	1,232
Net Income Growth	71.93%	1.99%	9.43%	11.92%	25.83%
Shares Outstanding (Basic)	83	82	82	82	82
Shares Outstanding (Diluted)	83	82	82	82	82
Shares Change (YoY)	1.26%	0.02%	0.04%	0.04%	0.61%
EPS (Basic)	31.70	18.67	18.31	16.74	14.96
EPS (Diluted)	31.70	18.67	18.31	16.74	14.96
EPS Growth	69.79%	1.96%	9.39%	11.88%	25.06%
Free Cash Flow	-201	1,222	-44	-165.2	917.13
Free Cash Flow Per Share	-2.41	14.82	-0.53	-2.00	11.14
Dividend Per Share	14.000	-	-	-	7.000
Dividend Growth	-	-	-	-	133.33%
Operating Margin	24.28%	17.70%	20.35%	25.25%	24.38%
Profit Margin	18.05%	12.76%	15.38%	19.95%	21.21%
Free Cash Flow Margin	-1.37%	10.13%	-0.45%	-2.39%	15.79%
EBITDA	3,599	2,176	2,028	1,772	1,446
EBITDA Margin	24.56%	18.04%	20.67%	25.64%	24.88%
D&A For EBITDA	41	41	32	27.4	29.43
EBIT	3,558	2,135	1,996	1,745	1,416
EBIT Margin	24.28%	17.70%	20.35%	25.25%	24.38%
Effective Tax Rate	23.01%	25.00%	22.71%	19.96%	17.77%

Source: S&P Global Market Intelligence. Insurance template. Financial Sources.