Together we are more

Nykredit is different. Yes, we are a bank. And a mortgage provider too. But in one important area we are different: We are owned by an association of customers. Being customer-owned, we are in a unique position to give something back to our customers when we are doing well. Together we can simply do more for our customers and for society.

Our history

Nykredit is different. But how are we different? Nykredit dates back to 1851 when the first mortgage associations were formed – and of that we are proud. Michael Rasmussen, Group Chief Executive puts Nykredit's DNA into words and pictures in the film that you can watch here:

Familie i haven

Together we can do more for our customers

At Nykredit, we help our customers stay on top of their finances and provide them with opportunities and security. We want to share their dreams and worries and help them find the right solutions. Being customer-owned, we are in a unique position to share our success with our customers.


Together we can create more value for society

At Nykredit, we believe in all of Denmark. We are owned by an association of homeowners and businesses that live and operate all over Denmark, and we are Denmark's largest lender. We have made a special commitment to offer financial solutions in urban and rural districts alike, at all times.

Read more about Forenet Kredit here.


Nykredit is a diverse business: mortgage lender, banker, insurer, estate agent, financial mutual – and much more. Brief facts about Nykredit:

Totalkredit alliance partner banks
of Denmark's mortgage lending spread across Denmark (incl. LR Realkredit))
10.9 bn
Group profit after tax end-December 2023 in DKK
Krystallen om dagen

  • The name Nykredit first appeared in 1985 when Forenede Kreditforeninger and Jyllands Kreditforening merged
  • Main activities: mortgage lending and banking
  • Nykredit Realkredit A/S is wholly owned by Nykredit A/S
  • Forenet Kredit is majority shareholder of Nykredit A/S

  • Income end-December 2023: DKK 20.402 bn
  • Total lending (nominal) end-December 2023: DKK 1,535 bn
  • Equity end-December 2023: DKK 101.029 bn
  • Assets under administration end-December 2023: DKK: 1,081 bn
  • Assets under management end-December 2023: DKK 456 bn

  • Market leading mortgage lender with a market share of 44.7%
  • Denmark's largest lender with a market share of 35.0%
  • One of Denmark's largest banks with a market share of 7.9%*

* From MIFI statistics

**Bank lending exclusive of reverse repurchase lending

København ovenfra

Our history

At Nykredit, we are proud of our heritage. And we are aware that the world around us is changing dramatically these years. Economic globalisation, internationalisation of regulation and digitisation pose completely new challenges and opportunities.

This is no easy task and requires great foresight and adaptability on our part. In times of change, we cannot promise that everything will remain the same. But we can promise that we will stick to our values as we pursue our journey as a mutually-controlled financial services provider and strive to share our success with our customers. In order to uphold this promise, we have made six pledges.


Latest financial report

Business partners