STRONG RESULTS
Financial overview
2023 reflects a steady landing after a few extraordinary years. Strong risk and capital management has minimised the effects of significant price falls and rising interest rates.
The group’s financial targets for 2023 were met. On the earnings side, we realized an EBITDA of 2.7 bnDKK compared to the target for the year of minimum 2.4 bnDKK. The high earnings enabled a gearing (NIBD/EBITDA) of 3.7 compared to a target of no more than 4.5, while the solvency of 32.2 % was significantly higher than the target for the year of minimum 30 %.
STRONG RESULTS
Financial overview
2023 reflects a steady landing after a few extraordinary years. Strong risk and capital management has minimised the effects of significant price falls and rising interest rates.
The group’s financial targets for 2023 were met. On the earnings side, we realized an EBITDA of 2.7 bnDKK compared to the target for the year of minimum 2.4 bnDKK. The high earnings enabled a gearing (NIBD/EBITDA) of 3.7 compared to a target of no more than 4.5, while the solvency of 32.2 % was significantly higher than the target for the year of minimum 30 %.