The Board of Directors of Totalkredit A/S has approved the Company's Annual
Report for 2007.
The Annual Report has been submitted to the OMX Nordic Exchange Copenhagen and
is also available on Totalkredit's website at totalkredit.dk. For further
information, please refer to the Annual Report.
Financial highlights
Profit for the year after tax came to DKK 754m against DKK 595m in 2006.
The balance sheet total stood at DKK 409,914m against DKK 367,815m in 2006.
Equity at end-2007 was DKK 10,729m against DKK 7,975m at end-2006.
2007 in brief
The loan portfolio increased by a nominal DKK 51bn to DKK 363bn.
Totalkredit's share of private residential mortgage lending rose from 27.9% to
29.8%.
A capital increase of DKK 2,000m was implemented.
Subordinate loan capital of EUR 200m in nominal terms was repaid, and new
subordinate loan capital of DKK 1,000m in nominal terms was raised.
