Scandinavian Private Equity A/S announced unaudited earnings results for the third quarter and nine months ended October 31, 2014. For the quarter, the company reported income from investment activities of DKK 4,480,000, operating profit of DKK 43,210,000, profit before tax of DKK 42,603,000 and profit after tax of DKK 42,603,000 compared to income from investment activities of DKK 19,183,000, operating profit of DKK 16,045,000, profit before tax of DKK 14,442,000 and profit after tax of DKK 14,442,000 a year ago period. Diluted earnings per share for the period were DKK 968 compared to DKK 317 per share a year ago. Cash used in operating activities was DKK 2,373,000 compared to DKK 2,510,000 a year ago period. Return on private equity funds was 5.9% against 2.6% a year ago. Return on equity was 5.0% against 1.6% a year ago.

For the nine months, the company reported income from investment activities of DKK 95,168,000, operating profit of DKK 90,000,000, profit before tax of DKK 89,011,000 and profit after tax of DKK 89,011,000 compared to income from investment activities of DKK 33,184,000, operating profit of DKK 24,057,000, profit before tax of DKK 18,349,000 and profit after tax of DKK 18,115,000 a year ago period. Diluted earnings per share for the period were DKK 2,006 compared to DKK 399 per share a year ago. Cash used in operating activities was DKK 3,638,000 compared to DKK 7,068,000 a year ago period. Diluted book value per share was DKK 18,958 as on October 31, 2014 against DKK 20,491 as on October 31, 2013. Return on equity was 9.8% against 2.0% a year ago. Return on private equity funds was 12.8% against 4.4% a year ago.