2024  
Nykredit Realkredit Group  
Annual Report  
Nykredit Realkredit Group  
Sundkrogsgade 25  
DK-2150 Nordhavn  
Tel +45 70 10 90 00  
nykredit.com  
CVR no  
12 71 92 80  
 
CONTENTS HIGHLIGHTS SUSTAINABILITY FINANCIAL REVIEW CAPITAL CREDIT RISK STATEMENTS FINANCIAL STATEMENTS  
Contents  
Management Commentary  
Foreword  
3
4
Capital, funding and liquidity  
Funding and liquidity  
Liquidity  
129  
134  
135  
139  
Financial Statements  
Income statements  
169  
169  
170  
171  
173  
175  
177  
Statements of comprehensive income  
Balance sheet  
Financial highlights  
7
Credit ratings  
Balance sheet and financial ratios  
8
Statement of changes in equity  
Cash flow statement  
Notes  
Credit risk  
140  
144  
148  
Nykredit's strategy  
9
Mortgage lending  
Bank lending  
Winning the Double 2.0  
10  
Management Commentary (continued)  
Financial calendar for 2025  
281  
281  
282  
Financial review  
12  
13  
17  
17  
17  
Organisation and management  
Corporate governance  
150  
154  
155  
156  
2024 performance highlights  
Special accounting matters  
Other  
Directorships and executive positions  
Remuneration  
Internal control and risk management systems  
Events since the balance sheet date  
Company details  
158  
159  
160  
161  
Business areas  
Banking  
18  
19  
23  
26  
29  
Group structure  
Totalkredit Partners  
Wealth Management  
Group Items  
Alternative performance measures  
Management statement  
Statement by the Board of Directors  
and the Executive Board  
Sustainability in Nykredit  
30  
43  
69  
80  
87  
161  
162  
Independent auditor's report  
E – A greener and prepared Denmark  
S – A customer-owned Nykredit  
G – Responsible business practices  
Taxonomy Regulation  
Independent auditor's limited assurance  
report on sustainability statement  
166  
Accounting policies applied in  
the Sustainability Statement  
111  
120  
Overview of ESRS disclosure requirements  
Nykredit Realkredit Group – Annual Report 2024  
2
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