DLR Kredit A/S
DLR Kredit, preliminary announcement of Annual Report 2010

DLR Kredit A/S 

24.02.2011 11:54
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The year in headlines

  -- Satisfactory financial results - DKK 336.1m before tax
  -- Continuously increasing loan portfolio
  -- Net lending amounted to DKK 2.3bn
  -- Reduced level of costs
  -- Core earnings reduced by 34 pc compared to 2009

DLR can look back at the year with satisfaction. As expected, the activity
level was at a lower level than in previous years. Despite a generally
declining economical climate and reduced earnings for those business areas in
which DLR offers loans, results for the fi­nancial year 2010 calculated at DKK
336.1m before tax are considered satisfactory. 

In 2010 DLR's capital base was strengthened with DKK 578.1m due to earnings in
2010 and a capital injection from the owners. As a result of this, DLR has a
solid capital base and a solvency ratio at 12.0 pc.
News Source: NASDAQ OMX



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Language:     English
Company:      DLR Kredit A/S
              
               
              Denmark
Phone:        
Fax:          
E-mail:       
Internet:     
ISIN:         DK0006301874
WKN:          
 
End of Announcement                             DGAP News-Service
 
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