Topdanmark A/S Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2022
January 24, 2023 at 02:00 am EST
Share
Topdanmark A/S reported earnings results for the fourth quarter and full year ended December 31, 2022. For the fourth quarter, the company reported net income was DKK 1,410 million compared to DKK 625 million a year ago. Basic earnings per share from continuing operations was DKK 4.8 compared to DKK 6.4 a year ago. Diluted earnings per share from continuing operations was DKK 4.8 compared to DKK 6.4 a year ago. Basic earnings per share was DKK 15.9 compared to DKK 7.1 a year ago. Diluted earnings per share was DKK 15.9 compared to DKK 7.1 a year ago.
For the full year, net income was DKK 2,049 million compared to DKK 2,138 million a year ago. Basic earnings per share from continuing operations was DKK 10.9 compared to DKK 21.5 a year ago. Diluted earnings per share from continuing operations was DKK 10.8 compared to DKK 21.5 a year ago. Basic earnings per share was DKK 23.2 compared to DKK 24.4 a year ago. Diluted earnings per share was DKK 23.2 compared to DKK 24.3 a year ago.
Topdanmark A/S is a Denmark-based insurance company engaged in the insurance and pension fund business. The Companyâs activities are divided into such segments, as Personal, and SME (Small and Medium Enterprises) and Industrial. The Personal segment sells policies for individual households in Denmark. The SME and Industrial segment offers policies for Denmark-based SME, agricultural and industrial businesses. The Companyâs private insurance offering includes such insurance products, as home, vehicle, accident, pet, child and life and health insurance, as well as pension funds. Its corporate insurance offering includes property insurance, insurance of goods and equipment, and car insurance, among others. As of December 31, 2012, it had subsidiaries responsible for life and non-life insurance, as well as for asset management, investment and property-related activities.
TOPDANMARK A/S 
