Regional bank surpasses expectations in first quarter

The sale of Nets brought the bank 10 million kroner

Ringkjøbing Landbobank today published its first quarterly report of 2014, showing financial results that surpass expectations.

The regional bank’s base revenue for the quarter was at 234 million kroner, over 30 million kroner more than the expected 202 million kroner.

One of the reasons for the better-than-expected revenue results was the sale of Nets earlier this year, which brought the bank 10 million kroner.

Satisfying result
“Earnings before tax were at 176 million kroner yielding equity interest of 25 percent, which we deem to be very satisfying,” Ringkøbing Landbobank wrote in a press release.

The bank also revealed that it has experienced an increase in deposits and loans, while its interest rate margin has dropped compared to the same period last year.




  • The internationals who created an app to make friends in Denmark  

    The internationals who created an app to make friends in Denmark  

    A team of young internationals has created an app that is helping their peers connect and build friendships in Denmark, addressing the challenges of social integration.

  • New documentary stirs debate in Denmark and Greenland 

    New documentary stirs debate in Denmark and Greenland 

    The documentary Greenland’s White Gold, reveals the worth of cryolite mining in Greenland to be in the billions. Over the years its value has been undermined, despite it acting like a gold mine for the Danish state. 

  • Today is 10 years from Copenhagen terrorist attack

    Today is 10 years from Copenhagen terrorist attack

    On February 14 and 15, the last terrorist attack took place in Denmark. Another episode occurred in 2022, but in that case, there was no political motive behind it

  • Enter Christiania: how the Freetown works

    Enter Christiania: how the Freetown works

    We all know Christiania and have been there at least once. But how does the Freetown work? How are decisions made? Can a person move there? Is there rent or bills to pay? British journalist Dave Wood wrote a reportage on Christiania for The Copenhagen Post.

  • The struggles of Asian women in Denmark’s labour market

    The struggles of Asian women in Denmark’s labour market

    Isha Thapa unfolds her research “An Analysis on the Inclusivity and Integration of South Asian Women in High-Skilled Jobs within the Danish Labor Market”. Thapa describes the systemic and social challenges these women face, ranging from barriers in social capital to cultural integration.

  • Parents in Denmark reject social media monitoring 

    Parents in Denmark reject social media monitoring 

    Most parents in Denmark reject using social media parental controls despite knowing about them. A new study questions the effectiveness of these tools in ensuring children’s online safety.