Satisfactory profit and renewed solid capital coverage
| Source:
Skjern Bank A/S
Skjern Bank A/S
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Profit before tax of DKK 51.0 million, which gives a return on equity at the beginning of the year at 9.8 %
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Capital ratio of 16.3% and individual solvency requirements of 11.4%, corresponding to a 4.9 percentage point coverage.
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Solid liquidity reserves of DKK 1.033 million, corresponding to 174.8%
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Core earnings of DKK 116.1 million, compared with DKK 111.0 million in 2014
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Loan impairment of DKK 63.9 million compared with DKK 154.4 million in 2014
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For 2016, core earnings are expected to be in the range of DKK 100–110 million.
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