Interim Financial Report first half of 2025

19.08.2025



  • Pre-tax profit amounted to DKK 1,594m (first half of 2024: DKK 1,630m) corresponding to a return of 11.8% p.a. on average equity (first half of 2024: 13.1%).
  • Net profit for the period amounted to DKK 1,178m (first half of 2024: DKK 1,205m) corresponding to a return of 8.7% p.a. on average equity (first half of 2024: 9.7%).
  • Core expenses for the period amounted to DKK 226m (first half of 2024: DKK 222m).
  • Impairment charges affected core profit by an income of DKK 15m (first half of 2024: an income of DKK 45m).
  • The portfolio at nominal value amounted to DKK 390bn. (end of 2024: DKK 382bn), and at a fair value the portfolio amounted to DKK 372bn (end of 2024: DKK 366 bn).
  • At 30 June 2025, the capital ratio and the tier 1 capital ratio amounted to 26.0% (end of 2024: 27.3%).


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