REports

Net Profit for the year


2021 2020 2019  2018 2017

Net profit for the year
(DKK millions)

     
Administration margin
Net interest income
Net fee income*
Income from investment portfolios*
Other income
 5,857
46
-127
55
136
5,923
     97
  -21
   66
   114
6,082
   203
  -528
   839
   117
6,222
   142
  -617
   577
   125
6,186
      59
   -601
    662
    180
Total income
Expenses
5,967
995 
6,179
   864
6,713
   812
 6,449
    703
 6,486
    736
Profit before loan impairment charges
Loan impairment charges
4,972
269
5,315
   335 
5,901
   265
5,746
  -204
5,750
   147
Profit before tax
Tax
4,703
    1,034 
4,980
1,097
5,636
1,240
5,950
1,301
5,603
1,235
 Net profit for the year3,669 3,8834,3964,6494,368
Balance sheet (At 31 December)
(DKK millions)

     
Due from credit institutions ect.
Mortgage loans
Bonds and shares
Other assets
  18,643
810,139
  46,435
    1,782

  25,045
816,577
  47,187
    2,459

53,826
802,579
52,363
3,780
  21,446
796,045
  51,158
    2,568
  30,072
788,765
  54,851
    3,202
Total assets876,999  891,268921,548  871,217 876,890
Due to credit institutions etc.
Issued mortgage bonds
Issued senior debt
Other liabilities
Shareholders' equity
2,000
820,950
-
4,577
49,472 
    2.000
835.217
           -
    4,461
  49,590
    4.003
853.479
           -
    5,073
  49,993
       778
809.091
    5,952
    5,481
  49,915
    4,294
810.050
    6,616
    6,039
  49,891
Total liabilities and equity876,999  891,268 912,548 871,217 876,890
 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


 7.4
16.7
25.3
24.9

217

 
    7.8
  14.0
  27.4
  26.9

234

     
    8.8
  12.1
  31.1
  30.7

237


    9.3
  10.9
  30.6
  30.3

229


   8.8
  11.3
  28.3
  28.1

232 

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