Spar Nord achieved a profit after tax of DKK 1.368 million in 2021, which is the best result in the 197-year history of the bank. The profit corresponds to an annualized return on equity of 12,9 percent, which places the bank among the best of the largest Danish banks. Management considers the performance as very satisfying. The equity of Spar Nord has now exceeded DKK 10 billion. The performance is highly generated by the high level of activity, especially in the housing area with remortgaging and house sales, as well as a favorable interest rate development. In addition, the reversal of write-downs contributes positively to the result.Based on the development the overall financial goal is to generate a return on equity of 7-9 percent after tax and thus to rank among the top-performing large Danish banks.