Financial reporting

"Today, Nykredit reports its best ever profit after tax of DKK 10.9 billion. This is the third year running that we record all-time high financial results, and with that, Nykredit has never been stronger. Also Nykredit Bank and Totalkredit deliver their best ever results, which is highly satisfactory. In 2024, we expect profit after tax of DKK 9.5-10.5 billion in light of for example uncertainty about macroeconomic and geopolitical trends.

2023 was yet another busy year with high business and customer growth. Wealth Management, which includes Nykredit Invest and Sparinvest, also delivered strong growth. At the same time we recorded increasing loan volumes to personal and business customers – particularly to large corporates. Furthermore, Totalkredit continued taking new market share. As a result of Nykredit's position of strength, we are well placed to support our customers and to foster development and growth all over Denmark."

Michael Rasmussen
Group Chief Executive