Financial results Q1 2024
3,544 Net profit (DKKm)
14.5% Return on equity after tax
Nykredit publishes financial reports every quarter. In addition to the quarterly reports, Nykredit publishes Annual Report, Corporate Responsibility Report and Risk- and Capital Management report annually.
"Nykredit today presented a profit after tax of DKK 3,544 million, marking our best quarter ever. And this is naturally highly satisfactory. Our good performance was chiefly driven by business and customer growth across the board, even despite the low housing market activity this quarter. Together with our Totalkredit partner banks, we are consequently well placed to support our customers and foster development and growth all over Denmark.
Our quarterly results reflected the solid credit quality of our customers, which prompted a minor reversal of impairment charges for the period. At the same time, financial market conditions in particular had a positive impact on the Group's investment portfolio income. In addition, our cost level was unchanged. As mortgage lending makes up a larger part than banking of Nykredit's business model "
Michael Rasmussen
Group Chief Executive
3,544 Net profit (DKKm)
14.5% Return on equity after tax
2024
2000 - 2024
Listen to the most recent presentations of Nykredit's results
Download statistics on mortgage loans in arrears. Data is updated on a monthly basis.
Nykredit occasionally has to foreclose on delinquent customer. Here you can find data on the number of properties that Nykredit has taken over via forced sales.
Pursuant to s 27a(1) of the Danish Securities Trading Act, Nykredit Realkredit A/S and Totalkredit A/S hereby publish prepayment data (CK93)