KommuneKredit looks back on a satisfactory 2024, where the expansion of the district heating system across the nation has had a significant impact on the net lending of DKK 6.2 billion. 2024 was also the year when KommuneKredit celebrated its 125th anniversary, marking a business model that has proven resilient since the issuance of the first loan in 1899.
A loan for the new Borgring Viking Cas
KommuneKredit looks back on a satisfactory 2021 where e.g. extraordinary financing to the regions and loans to the district heating sector resulted in an increase in total lending by DKK 8.7 billion. At the same time, the company has strengthened its sustainability efforts to further support the sustainable transition in the Danish local communities.
A loan to the Museums of Varde that establis
Summary
▪ Lending and leasing increased by DKK 7 billion to DKK 192 billion.
▪ At DKK 440 million, net interest income was slightly higher than full-year expectations.
▪ Pre-tax profit for the year amounted to DKK 278 million, while comprehensive income for the year was DKK 218 million, against DKK 441 million in 2019. The difference was due to lower value adjustments.
▪ Common Equity
SUMMARY
▪ Lending and leasing increased by DKK 8 billion to DKK 185 billion.
▪ Net interest income amounted to DKK 496 million in 2019 against DKK 441 million in 2018, which was in line withexpectations at the half year 2019.
▪ Pre-tax profit amounted to DKK 596 million partly due to positive value adjustments of DKK 227 million.
▪ Comprehensive income for the year amounted to DKK 441
The Board of Directors of KommuneKredit have today, 1 March 2019, approved the Annual Report for 2018.
The Board of Directors of KommuneKredit have today approved the Annual Report for 2017.
› PRELIMINARY ANNOUNCEMENT OF FINANCIAL STATEMENTS, 2 MARCH 2018
SUMMARY
▪▪ Profit for the year before value adjustments and tax amounted to DKK 511 million against DKK 550 million in 2016.
▪▪ Comprehensive income for the year was DKK 489 million against DKK 497 million in 2016.
▪▪ L