Danske Hypotek AB: Year-end report 2020
Year in briefJanuary – December 2020 (the comparison in brackets refers to 2019) · Operating profit was SEK 1 012 million (965 million) · Net interest income amounted to SEK 1 191 million (1 050 million) · Costs comprised SEK 135 million (101 million) · No credit losses during the period, reversals amounted to net SEK 27 million (SEK +48 million) · Return on equity was 14.5 % (16.9 %) · The CET1 capital ratio was 17.5 % (16.7 %) · Danske Hypotek’s covered bonds have the highest credit rating (AAA) from Standard & Poor’s and from Nordic Credit Rating.Read the full