REports

Net Profit for the year


 2024 20232022 2021 2020

Net profit for the year
(DKK millions)

     

Administration margin
Net interest income
Net fee income*
Income from investment portfolios*
Other income

 5,543
1,545
21
96
95
       5,593
       1,114
           -70
          183
             84

5,733
      93
      18
      48
      84

 5,857
46
-127
55
136

5,923
     97
   -21
66
114

Total income
Expenses
7,300
1,010
6,904
 1,055
 5,976
 1,105
5,967
995 
6,179
   864
Profit before loan impairment charges
Loan impairment charges
6,290
333
5,849
-114
 4,871
       212
4,972
269
5,315
  335
Profit before tax
Tax
5,957
1,533
5,963
 1,569
 4,659
 1,033
4,703
    1,034
4,980
1,097
 Net profit for the year4,424 4,394 3,6263,669 3,883
Balance sheet (At 31 December)
(DKK millions)

     
Due from credit institutions ect.
Mortgage loans
Bonds and shares
Other assets
17,628
755,539
52,291
1,565
  11,618
753,624
  49,580
     1,441
    8,761
724,438
  46,722
    2,307
  18,643
810,139
  46,435
    1,782

  25,045
816,577
  47,187
    2,459

Total assets827,023 816,263 782,228876,999  891,268
Due to credit institutions etc.
Issued mortgage bonds
Other liabilities
Shareholders' equity
 3,500
762,125
6,756
54,642
      2,000
 756,509 
      7,531
   50,223
    2,000
724,105
    6,646
  49,477
2,000
820,950
4,577
  49,472
    2,000
835,217
    4,461
  49,590
Total liabilities and equity 827,023 816,263 782,228876,999  891,268
 Ratio and Key Figures      

Net profit for the year as % of avg. shareholders' equity
Cost/income ratio (%)
Total capital ratio (%)
Tier 1 capital ratio (%)
Full-time-equivalent staff, end of year

 
8.4
13.8
31.9
31.9
233

           8.8
        15.3
        31.5
        31.1
         229

 
        7.3
      18.5
      29.1
      28.6
       227


 7.4
16.7
25.3
24.9
217

 
    7.8
  14.0
  27.4
  26.9
234

 *Comparative information for 2020 has been restated as described in note 1 for 2021.