Financial Summary - 5 years
Key figures and financial ratios have been calculated in accordance with 'Recommendations & Financial Ratios' issued by CFA Society Denmark. Exchange rate at 31 December 2023: EUR 100 = DKK 745.2242. The format is unchanged from last year.
På denne side:
keyfigures
Key figures
| Million | 2023 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| EUR | DKK | DKK | DKK | DKK | DKK | |
| Net interest income | 63 | 467 | 339 | 383 | 440 | 496 |
| Administrative expenses | -26 | -193 | -242 | -140 | -130 | -126 |
| Profit before value adjustments | 35 | 264 | 129 | 238 | 311 | 369 |
| Value adjustment of finansial instruments | 37 | 276 | 1,144 | 249 | -33 | 227 |
| Tax on profit for the year | -17 | -126 | -282 | -109 | -60 | -148 |
| Comprehensive income for the year | 56 | 414 | 991 | 378 | 218 | 441 |
| Loans and leases | 25,112 | 187,139 | 174,974 | 194,948 | 192,457 | 184,965 |
| Portfolio of securities | 5,856 | 43,639 | 46,591 | 48,387 | 33,568 | 44,982 |
| Investment in property, plant and equipment | 0 | 3 | 0 | 0 | 0 | 0 |
| Assets | 32,556 | 43,639 | 46,591 | 48,387 | 33,568 | 44,982 |
| Debt securities issued | 29,272 | 218,173 | 207,899 | 233,892 | 212,728 | 218,932 |
| Equity | 1,366 | 10,180 | 9,766 | 8,775 | 8,397 | 8,179 |
yearsactivities
Activities during the year
| Million | 2023 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| EUR | DKK | DKK | DKK | DKK | DKK | |
| Loans and leases, net additions in nominal value (net lending) | 788 | 5,874 | 4,766 | 8,675 | 5,057 | 2,427 |
| Loans and leases, gross additions in nominal value | 3,895 | 29,027 | 28,057 | 36,958 | 43,507 | 36,745 |
| Debt securities issued, gross additions in nominal value | 5,575 | 41,543 | 52,692 | 65,112 | 43,163 | 49,699 |
Capitalstructure
Capital structure
| Million | 2023 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| EUR | DKK | DKK | DKK | DKK | DKK | |
| Total risk exposure amount (REA)* | 2,098 | 15,637 | 15,653 | 13,859 | 11,496 | 11,911 |
| Common Equity Tier 1 (CET1) capital | 1,366 | 10,180 | 9,766 | 8,775 | 8,397 | 8,179 |
| Capital base | 1,356 | 10,107 | 9,684 | 8,660 | 8,277 | 7,997 |
| Capital ratio, pct.* | 65 | 65 | 62 | 63 | 72 | 67 |
| Equity ratio, pct. | 4.2 | 4.2 | 4.1 | 3.5 | 3.6 | 3.5 |
* REA and capital ratio have been calculated in accordance with the principles applying to credit institutions, even though these rules do not apply to KommuneKredit.
financialratios
Selected financial ratios
| Million | 2023 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|
| EUR | DKK | DKK | DKK | DKK | DKK | |
| Losses on loans and leases | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses/assets, pct. | 0.08 | 0.08 | 0.09 | 0.06 | 0.06 | 0.05 |
| Net interest income/assets, pct. | 0.19 | 0.19 | 0.14 | 0.15 | 0.19 | 0.21 |
ESGfigures
Selected ESG figures
| 2023 | 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|---|
| CO2e total (scope 1, 2, 3) (t) | 64 | 64 | 58 | 36 | 44 | 101 |
| Share of renewable energy, pct. | 93 | 93 | 93 | 89 | 82 | 84 |
| Gender composition, management level (women), pct. | 25 | 25 | 22.2 | 22.2 | 22.2 | 22.2 |
| Employee turnover, pct. | 10.0 | 10.0 | 9.8 | 10.4 | 5.2 | 10.8 |
| CEO pay ratio/ median employee remuneration | 3.6 | 3.6 | 3.7 | 3.7 | 3.6 | 3.7 |
| Number of full-time employees | 101 | 101 | 97 | 88 | 82 | 76 |
You can read more about our ESG figures here.