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Resurs Holding 01 Interim Report January - March 2021 1 January - 31 March 2021 * • Lending to the public rose 1 % to SEK 31,592 million , up 2 % in constant currencies . • Operating income fell 5 % to SEK 850 million • • Operating expenses fell 3 % to SEK 354 million The credit loss ratio was 2.5 % ( 3.4 % ) . Excluding the extra credit provision of SEK 75 million , that was made in the first quarter of last year due to COVID - 19 , the comparative figure was 2.4 % . • Operating profit increased 12 % to SEK 301 million . Excluding the extra credit provision in the first quarter of last year , operating profit declined 12 % . • Earnings per share rose 12 % to SEK 1.14 per share , before and after dilution . " Lockdown restrictions to reduce the rate of infection mainly affected the Danish and Norwegian markets negatively during the first few months of the year . We carried out a number of different activities to turn around the lower level of new lending and we saw positive signs towards the end of the quarter . " Nils Carlsson , CEO Resurs Holding AB ABOUT RESURS HOLDING Resurs Holding ( Resurs ) , which operates through the subsidiaries Resurs Bank and Solid Försäkring , is the leader in retail finance in the Nordic region , offering payment solutions , consumer loans and niche insurance products . Since its start in 1977 , Resurs Bank has established itself as a leading partner for sales - driven payment and loyalty solutions in retail and e - commerce , and Resurs has thus built a customer base of approximately 6 million private customers in the Nordics . Resurs Bank has had a banking licence since 2001 and is under the supervision of the Swedish Financial Supervisory Authority . The Resurs Group operates in Sweden , Denmark , Norway and Finland . At the end of the first quarter of 2021 , the Group had 702 employees and a loan portfolio of SEK 31.6 billion . Resurs is listed on Nasdaq Stockholm . * Certain performance measures provided in this section have not been prepared in accordance with IFRS or the capital adequacy rules , meaning that they are alternative performance measures . Calculations and reconciliation against information in the financial statements of these performance measures are provided on the website under " Financial reports . " Definitions of performance measures are provided on the website under " Financial data . " In this section , changes and comparative figures refer to the same period in the preceding year . This applies to all other sections of text in this interim report , profit / loss items and cash flow that are compared with the same period in the preceding year . The exception is for financial position for which the comparative figure refers to 31 December 2020 .