BRFkredit's Annual Financial Report 2017

20.02.2018



∙ Profit before tax amounted to DKK 1,131m (2016: DKK 1,299m)
∙ Net profit for the year amounted to DKK 886m (2016: DKK 1,015m) corresponding to a return on equity of 6.2% (2016: 8.3%).
∙ Loan impairment charges and provisions for guarantees amounted to an expense of DKK 202m (2016: an income of DKK 32m).
∙ Mortgage loans amounted to DKK 308.1bn (2016: DKK 278.4bn).
∙ The capital ratio and the Tier 1 capital ratio are identical at 20.8% (2016: 19.0%)
∙ Individual solvency requirement: 9.3 % (2016: 9.3 %).