Scandinavian Private Equity A/S reported unaudited earnings results for second quarter and six months ended July 31, 2014. For the quarter, the company's income from investing activities was DKK 22,265,000 against loss from investing activities of DKK 6,423,000 a year ago. Operating profit (EBIT) was DKK 20,573,000 against operating loss (LBIT) of DKK 9,553,000 a year ago. Profit before tax was DKK 19,835,000 against loss before tax of DKK 12,143,000 a year ago. Profit after tax/comprehensive income was DKK 19,835,000 against loss after tax/comprehensive loss of DKK 12,222,000 a year ago. Cash flows from operating activities were DKK 24,000 against cash used in operating activities of DKK 3,074,000 a year ago. Basic and diluted loss per share was DKK 448 against basic and diluted earnings per share of DKK 268 a year ago. Return on private equity funds was 3.0% against negative return on private equity funds of 0.8% a year ago.

For the six months, the company's income from investing activities was DKK 50,688,000 against DKK 14,001,000 a year ago. Operating profit (EBIT) was DKK 46,790,000 against DKK 8,012,000 a year ago. Profit before tax was DKK 46,408,000 against DKK 3,908,000 a year ago. Profit after tax/comprehensive income was DKK 46,408,000 against DKK 3,673,000 a year ago. Cash used in operating activities was DKK 1,265,000 against DKK 4,559,000 a year ago. Basic and diluted earnings per share were DKK 1,042 against DKK 81 a year ago. Basic and diluted book value per share as on July 31, 2014 was DKK 19,472 against DKK 20,174 as on July 31, 2013. Return on private equity funds was 6.8% against 1.8% a year ago.