Interim financial report Q1-Q3 2024
29.10.2024
• Profit before tax amounted to DKK 2,428m (First nine months of 2023: DKK 1,910m) corresponding to a return of 12.9% p.a. on average equity (First nine months of 2023: 11.1%).
• Net profit for the period amounted to DKK 1,795m (First nine months of 2023: DKK 1,429m) corresponding to a return of 9.5% p.a. on average equity (First nine months of 2023: 8.3%).
• Core expenses for the period amounted to DKK 331m (First nine months of 2023: DKK 332m).
• Impairment charges affected core profit by an income of DKK 50m (First nine months of 2023: an income of DKK 23m).
• The portfolio at nominal value amounted to DKK 377bn. (end of 2023: DKK 374bn), and at a fair value of DKK 361bn (end of 2023: DKK 353bn).
• At 30 September 2024, the capital, and the Tier 1 capital ratio (%) amounted to 27.3 (end of 2023: 27.5).