In 2020, mortgage credit institutions experienced a decline in the total profit before tax. The result was DKK 17.2 bn in 2020 against DKK 21.7 bn in 2019.

For the Danish credit institutions, as well as for the rest of society, the year 2020 was impacted by the global COVID-19 crisis. The Danish credit institutions entered the crisis well capitalised, and generally had a good starting point for being able to supply credit and liquidity to both companies and households. However, government assistance packages have generally resulted in limited credit demand, and there has been only moderate growth in loans issued by credit institutions in 2020.

Danish credit institutions are well-capitalised and have had moderate lending growth since 2016. This provides a good starting point for extending credit to households and companies, which need temporary liquidity because of the COVID-19 crisis.

Mortgage credit institutions saw their total profits rise from DKK 18.5 billion in 2018 to DKK 21.7 billion in 2019, thereby achieving their highest level for the period 2007-2019.

Banks' profits fell in 2019 to DKK 25 billion as opposed to DKK 30 billion the previous year.

The profits of Danish credit institutions fell in 2018. Total profits, before taxes, ended up at 40.3 billion DKK, which is 13.1 billion less than in 2017.

The Danish mortgage credit institutions had lower profit in 2018 compared to the previous year.

The economic recovery, with low unemployment, caused the banks to have a year with high profits and low impairments.

The assets under management in the Danish investment funds grew by approx. 10 % in 2017. This can be attributed to both net capital inflows and positive performance.

Generally, 2017 was a good year for Danish mortgage credit institutions.

Danish banks are favoured by the current economic situation and in 2017 achieved further improvement in the financial results compared to the previous year.

Danish savings in collective investments rose in 2016 to a total of DKK 2,050 billion. This corresponds to 38 per cent of Danes’ total financial savings, according to a new analysis by the Danish FSA.

Low interest rates, high housing prices in some parts of the country and a general improvement in the economy have boosted demand for mortgage-credit loans. Lending rose and mortgage-credit institutions improved their earnings in 2016.

The Danish economy has genuinely left the financial crisis behind, unemployment is low and property prices in some parts of the country are higher than ever. This has obviously had an effect on banks, which have substantially improved their earnings in recent years. In 2016 alone, the sector's overall profits increased by over 40 per cent.

Mortgage-credit institutions improved their results considerably in 2015. Profit before tax increased from DKK 8.7 bn. in 2014 to DKK 14.6 bn. in 2015.