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Danske Bank A/S
CSE:DANSKE

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Danske Bank A/S
CSE:DANSKE
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Price: 344.1 DKK 2.41%
Market Cap: kr287.3B
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Financials Section:
Income Statement Balance Sheet Cash Flow Statement

Cash Flow Statement

Operating Cash Flow
+
3Y
-
5Y
-88%
10Y
-44%
Investing Cash Flow
+
3Y
-
5Y
-60%
10Y
-510%
Financing Cash Flow
+
3Y
+29%
5Y
-
10Y
-88%

Cash Flow Statement
Danske Bank A/S

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Cash Flow Statement
Currency: DKK
Mar-2005 Jun-2005 Sep-2005 Dec-2005 Mar-2006 Jun-2006 Sep-2006 Dec-2006 Mar-2007 Jun-2007 Sep-2007 Dec-2007 Mar-2008 Jun-2008 Sep-2008 Dec-2008 Mar-2009 Jun-2009 Sep-2009 Dec-2009 Mar-2010 Jun-2010 Sep-2010 Dec-2010 Mar-2011 Jun-2011 Sep-2011 Dec-2011 Mar-2012 Jun-2012 Sep-2012 Dec-2012 Mar-2013 Jun-2013 Sep-2013 Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023 Mar-2024 Jun-2024 Sep-2024 Dec-2024 Mar-2025 Jun-2025 Sep-2025 Dec-2025
Operating Cash Flow
Net Income
10 063
11 241
14 208
17 606
17 753
17 709
18 440
18 497
19 188
20 039
20 018
19 306
18 051
17 484
14 921
2 229
1 215
(2 853)
(3 384)
4 755
3 971
5 736
6 040
6 450
7 180
8 324
7 447
4 205
4 281
4 700
6 899
8 539
9 180
9 357
9 452
10 059
11 473
13 881
15 995
7 969
10 701
11 430
11 732
17 762
17 671
17 637
19 184
25 358
26 227
26 630
26 598
26 288
24 950
24 254
21 608
19 322
17 532
16 802
17 006
13 822
8 147
6 502
5 504
6 304
12 021
12 656
14 131
16 571
16 224
14 641
(2 661)
(2 284)
963
4 817
24 324
26 682
27 245
29 002
30 462
31 212
31 286
30 900
30 349
30 699
Depreciation & Amortization
0
0
0
1 979
0
0
0
2 153
0
0
0
3 355
0
0
0
6 005
0
0
0
4 037
0
0
0
2 369
0
0
0
2 342
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
Stock-Based Compensation
0
0
0
0
0
0
0
0
0
0
0
170
0
0
0
47
0
0
0
36
0
0
0
154
0
0
0
127
0
0
0
219
0
0
0
113
0
0
0
0
0
0
0
190
0
0
0
171
0
0
0
150
0
0
0
0
0
0
0
90
0
0
0
108
0
0
0
146
0
0
0
57
0
0
0
172
0
0
0
203
0
0
0
211
Other Non-Cash Items
3 159
1 067
2 628
(4 829)
(9 602)
(6 417)
(7 118)
1 200
(9 068)
(1 424)
1 551
474
(810)
(4 017)
(3 283)
(4 547)
24 086
32 290
40 164
7 358
29 100
24 274
16 236
(3 805)
13 151
9 726
10 721
1 732
15 577
17 177
16 537
15 013
12 021
9 550
7 701
6 615
7 803
6 619
5 608
15 027
13 153
11 966
12 617
6 858
5 983
5 896
4 743
477
2 011
(396)
(1 438)
(1 093)
(1 722)
1 091
3 085
1 997
5 956
5 396
4 969
10 369
13 165
14 231
15 805
12 993
7 389
7 753
5 741
4 916
5 389
4 687
22 279
21 459
22 808
24 443
10 315
8 426
4 358
6 605
4 290
700
2 067
(201)
(2 906)
495
Cash Taxes Paid
0
0
0
5 170
0
0
0
4 783
0
0
0
4 318
0
0
0
3 174
0
0
0
1 568
0
0
0
1 076
895
1 322
2 178
671
426
647
57
1 908
1 927
1 850
2 074
1 705
1 686
1 720
1 615
4 095
7 305
7 591
7 543
4 770
4 631
4 452
4 532
4 961
4 357
4 397
4 450
5 482
5 681
5 672
5 618
5 427
4 341
4 795
4 829
5 245
4 810
4 395
4 349
4 315
2 958
2 018
1 803
2 459
4 105
5 326
5 769
3 025
1 749
1 359
1 154
4 565
13 153
14 864
15 020
10 335
8 683
7 682
7 772
6 321
Cash Interest Paid
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
183
183
344
344
529
529
693
693
649
684
717
751
786
785
785
785
784
786
786
786
787
784
784
786
625
627
467
465
466
431
397
363
164
164
0
0
0
0
0
0
0
0
0
0
0
Change in Working Capital
32 926
64 225
25 781
31 657
39 302
12 929
81 495
(41 767)
(5 535)
(7 975)
(24 216)
77 512
44 484
55 491
20 889
(129 228)
(140 844)
(125 889)
(76 849)
(11 658)
(29 011)
(43 383)
(88 520)
35 251
(70 589)
(123 475)
(105 729)
(70 933)
23 182
20 914
92 097
59 094
10 320
17 537
(70 815)
(138 868)
(113 217)
(82 653)
(82 487)
(30 220)
66 807
137 961
78 468
15 712
(70 039)
(75 957)
71 727
106 929
180 128
159 142
58 304
123 197
11 553
(74 527)
(98 078)
(165 984)
(180 247)
(111 934)
(156 013)
(150 963)
(66 569)
(32 994)
53 702
167 209
101 793
33 260
(10 672)
(59 049)
(76 315)
(59 097)
(1 641)
(128 532)
(7 316)
(8 705)
57 371
106 392
4 091
2 804
(80 535)
(124 381)
(70 315)
(125 109)
(154 999)
(8 639)
Cash from Operating Activities
47 373
N/A
77 758
+64%
43 842
-44%
46 413
+6%
48 792
+5%
25 560
-48%
94 156
+268%
(19 917)
N/A
5 925
N/A
11 980
+102%
(1 307)
N/A
100 647
N/A
61 725
-39%
68 958
+12%
32 527
-53%
(125 541)
N/A
(115 543)
+8%
(96 452)
+17%
(40 069)
+58%
4 492
N/A
4 060
-10%
(13 373)
N/A
(66 244)
-395%
40 265
N/A
(50 258)
N/A
(105 425)
-110%
(87 561)
+17%
(62 654)
+28%
43 040
N/A
42 791
-1%
115 533
+170%
82 646
-28%
31 521
-62%
36 444
+16%
(53 662)
N/A
(122 194)
-128%
(93 941)
+23%
(62 153)
+34%
(60 884)
+2%
(7 224)
+88%
90 661
N/A
161 357
+78%
102 817
-36%
40 332
-61%
(46 385)
N/A
(52 424)
-13%
95 654
N/A
132 764
+39%
208 366
+57%
185 376
-11%
83 464
-55%
148 392
+78%
34 781
-77%
(49 182)
N/A
(73 385)
-49%
(144 665)
-97%
(156 759)
-8%
(89 736)
+43%
(134 038)
-49%
(126 772)
+5%
(45 257)
+64%
(12 261)
+73%
75 011
N/A
186 506
+149%
121 203
-35%
53 669
-56%
9 200
-83%
(37 562)
N/A
(54 702)
-46%
(39 769)
+27%
17 977
N/A
(109 357)
N/A
16 455
N/A
20 555
+25%
92 010
+348%
141 500
+54%
35 694
-75%
38 411
+8%
(45 783)
N/A
(92 469)
-102%
(36 962)
+60%
(94 410)
-155%
(127 556)
-35%
22 555
N/A
Investing Cash Flow
Capital Expenditures
(1 238)
(412)
(937)
(3 197)
(2 456)
(3 525)
(3 506)
(2 705)
(2 039)
(1 950)
(1 846)
(4 271)
(4 441)
(4 493)
(4 665)
(4 228)
(3 361)
(3 426)
(3 379)
(2 637)
(2 383)
(2 241)
(1 967)
(814)
(478)
14
81
(767)
(755)
(725)
(609)
(533)
(443)
(399)
(475)
(617)
(673)
(783)
(690)
(734)
(759)
(810)
(983)
(1 004)
(1 050)
(1 055)
(1 073)
(1 044)
(1 133)
(1 342)
(1 474)
(1 645)
(1 592)
(1 576)
(1 621)
(1 669)
(1 683)
(1 689)
(1 616)
(1 544)
(1 601)
(1 447)
(1 504)
(1 280)
(1 254)
(1 226)
(1 086)
(1 571)
(1 827)
(1 796)
(1 659)
(1 386)
(1 321)
(1 394)
(1 628)
(1 381)
(1 162)
(1 188)
(1 079)
(2 260)
(2 197)
(2 516)
(2 927)
(2 005)
Other Items
(10 427)
(10 609)
(10 853)
(9 220)
(452)
(180)
(214)
(158)
(19 470)
(19 882)
(19 623)
(19 678)
(163)
253
488
1 482
476
288
(97)
46
15
81
230
201
252
70
253
155
(109)
94
(79)
56
42
20
(19)
(175)
(301)
(373)
(348)
415
697
841
877
672
707
1 569
1 590
4 214
4 148
3 625
3 594
365
367
(5 014)
(5 014)
(4 990)
(4 992)
1 679
1 678
1 695
1 699
34
35
17
16
10
11
8
566
1 319
1 317
2 036
1 477
725
769
52
76
74
28
26
(22)
(21)
(20)
(19)
Cash from Investing Activities
(11 665)
N/A
(11 021)
+6%
(11 790)
-7%
(12 417)
-5%
(2 908)
+77%
(3 705)
-27%
(3 720)
0%
(2 863)
+23%
(21 509)
-651%
(21 832)
-2%
(21 469)
+2%
(23 949)
-12%
(4 604)
+81%
(4 240)
+8%
(4 177)
+1%
(2 746)
+34%
(2 885)
-5%
(3 138)
-9%
(3 476)
-11%
(2 591)
+25%
(2 368)
+9%
(2 160)
+9%
(1 737)
+20%
(613)
+65%
(226)
+63%
84
N/A
334
+298%
(612)
N/A
(864)
-41%
(631)
+27%
(688)
-9%
(477)
+31%
(401)
+16%
(379)
+5%
(494)
-30%
(792)
-60%
(974)
-23%
(1 156)
-19%
(1 038)
+10%
(319)
+69%
(62)
+81%
31
N/A
(106)
N/A
(332)
-213%
(343)
-3%
514
N/A
517
+1%
3 170
+513%
3 015
-5%
2 283
-24%
2 120
-7%
(1 280)
N/A
(1 225)
+4%
(6 590)
-438%
(6 635)
-1%
(6 659)
0%
(6 675)
0%
(10)
+100%
62
N/A
151
+144%
98
-35%
(1 413)
N/A
(1 469)
-4%
(1 263)
+14%
(1 238)
+2%
(1 216)
+2%
(1 075)
+12%
(1 563)
-45%
(1 261)
+19%
(477)
+62%
(342)
+28%
650
N/A
156
-76%
(669)
N/A
(859)
-28%
(1 329)
-55%
(1 086)
+18%
(1 114)
-3%
(1 051)
+6%
(2 234)
-113%
(2 219)
+1%
(2 537)
-14%
(2 947)
-16%
(2 024)
+31%
Financing Cash Flow
Net Issuance of Common Stock
(3 904)
0
0
0
0
0
0
14 539
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
19 762
19 761
19 761
19 761
(1)
0
7 115
0
0
0
0
0
0
0
0
0
(1 834)
(3 962)
(5 000)
(6 387)
(6 725)
(6 907)
(8 083)
(8 363)
(9 473)
(9 709)
(9 958)
(10 664)
(9 845)
(10 007)
(7 825)
0
(2 989)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(794)
(2 164)
(3 779)
(5 246)
(5 061)
(5 153)
(4 945)
(4 803)
Net Issuance of Debt
7 654
619
4 688
8 352
1 514
3 370
(699)
6 637
12 702
8 947
8 928
2 249
(4 807)
137
156
(1 368)
(1 495)
24 524
24 524
21 181
22 299
(3 720)
(7 946)
(4 848)
(5 321)
(8 496)
(8 495)
(10 850)
(13 351)
(12 210)
(2 245)
732
(22)
(2 323)
(8 146)
233
8 569
(11 489)
(11 408)
(19 839)
(24 133)
259
3 988
4 040
3 726
3 727
0
2 970
1 285
(3 962)
(4 472)
(7 490)
(5 805)
4 190
30 516
19 636
60 101
61 175
47 884
67 403
36 794
30 780
35 438
24 498
20 054
24 588
1 581
3 773
(5 757)
(6 679)
(1 007)
(11 149)
(1 348)
(8 419)
(18 025)
(1 876)
(14 650)
(6 757)
(4 611)
(7 224)
(6 529)
(8 359)
(3 333)
3 937
Cash Paid for Dividends
(4 929)
(4 929)
(4 929)
(4 929)
(6 254)
(6 254)
(6 254)
(6 254)
(5 316)
(5 316)
(5 316)
(5 316)
(5 831)
(5 831)
(5 831)
(5 831)
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(2 001)
(2 000)
(2 000)
(2 000)
(5 493)
(5 493)
(5 495)
(5 494)
(7 758)
(7 759)
(7 757)
(7 758)
(8 332)
(8 332)
(8 332)
(8 332)
(8 852)
(8 851)
(8 851)
(8 851)
(7 249)
(7 233)
(7 223)
(7 239)
11
(6)
(16)
0
(1 708)
(1 708)
(1 708)
(1 708)
(1 705)
(1 705)
(1 705)
(1 705)
0
0
(6 011)
(6 011)
(12 438)
(12 438)
(12 777)
(18 207)
(24 016)
(24 016)
(17 666)
(12 236)
Other
(16)
(233)
(234)
220
222
457
457
(1)
7
11
74
86
(18)
(38)
(82)
(110)
(33)
(35)
(53)
(22)
0
0
0
15
29
53
55
45
20
(55)
(51)
(56)
(49)
2
(3)
(4)
0
2
1
(181)
(182)
(346)
(346)
(531)
(530)
(693)
(693)
(649)
(684)
(717)
(751)
(786)
(785)
(785)
(785)
(784)
(786)
(786)
(786)
(787)
(784)
(6 385)
(6 386)
(6 225)
(6 227)
(466)
(465)
(3 466)
(3 431)
(8 816)
(8 781)
(5 583)
(5 583)
0
(1)
0
0
0
0
0
0
0
0
0
Cash from Financing Activities
(1 195)
N/A
(6 656)
-457%
(2 588)
+61%
3 643
N/A
(4 518)
N/A
(2 427)
+46%
(6 496)
-168%
14 921
N/A
21 932
+47%
18 181
-17%
18 225
+0%
(2 981)
N/A
(10 656)
-257%
(5 732)
+46%
(5 757)
0%
(7 309)
-27%
(1 528)
+79%
24 489
N/A
24 471
0%
21 159
-14%
22 299
+5%
(3 720)
N/A
(7 946)
-114%
(4 833)
+39%
(5 292)
-9%
11 319
N/A
11 321
+0%
8 956
-21%
6 430
-28%
(12 266)
N/A
(2 296)
+81%
7 791
N/A
7 044
-10%
4 794
-32%
(1 034)
N/A
229
N/A
6 568
+2 768%
(13 487)
N/A
(13 407)
+1%
(22 020)
-64%
(29 808)
-35%
(7 414)
+75%
(5 815)
+22%
(6 985)
-20%
(10 949)
-57%
(11 450)
-5%
(15 357)
-34%
(13 520)
+12%
(16 094)
-19%
(22 484)
-40%
(23 264)
-3%
(26 566)
-14%
(26 106)
+2%
(15 291)
+41%
10 873
N/A
2 176
-80%
46 614
+2 042%
50 167
+8%
39 594
-21%
59 377
+50%
36 021
-39%
24 389
-32%
29 036
+19%
18 273
-37%
12 119
-34%
22 414
+85%
(592)
N/A
(1 401)
-137%
(10 893)
-678%
(17 200)
-58%
(11 493)
+33%
(18 437)
-60%
(6 931)
+62%
(8 419)
-21%
(24 037)
-186%
(7 887)
+67%
(27 882)
-254%
(21 359)
+23%
(21 167)
+1%
(30 677)
-45%
(35 606)
-16%
(37 528)
-5%
(25 944)
+31%
(13 102)
+49%
Change in Cash
Effect of Foreign Exchange Rates
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
(394)
2 898
2 760
1 360
2 277
(3 287)
(4 526)
(3 832)
(4 171)
(2 005)
(3 298)
(3 068)
(4 031)
(4 351)
(978)
(183)
393
2 543
331
868
2 016
(2 438)
(773)
(2 240)
(2 235)
2 369
2 403
2 591
2 634
519
(490)
(1 287)
(3 322)
(2 785)
(1 471)
(88)
794
907
1 195
838
1 871
3 446
203
192
797
Net Change in Cash
34 513
N/A
60 081
+74%
29 464
-51%
37 639
+28%
41 366
+10%
19 428
-53%
83 940
+332%
(7 859)
N/A
6 348
N/A
8 329
+31%
(4 551)
N/A
73 717
N/A
46 465
-37%
58 986
+27%
22 593
-62%
(135 596)
N/A
(119 956)
+12%
(75 101)
+37%
(19 074)
+75%
23 060
N/A
23 991
+4%
(19 253)
N/A
(75 927)
-294%
34 819
N/A
(55 776)
N/A
(94 022)
-69%
(75 906)
+19%
(54 310)
+28%
48 606
N/A
29 894
-38%
112 549
+276%
89 960
-20%
38 164
-58%
40 859
+7%
(55 190)
N/A
(122 757)
-122%
(88 347)
+28%
(76 796)
+13%
(75 329)
+2%
(29 957)
+60%
63 689
N/A
156 734
+146%
98 256
-37%
35 292
-64%
(60 964)
N/A
(67 886)
-11%
76 982
N/A
118 243
+54%
193 282
+63%
161 877
-16%
59 252
-63%
116 515
+97%
3 099
-97%
(72 041)
N/A
(69 330)
+4%
(148 755)
-115%
(114 277)
+23%
(39 248)
+66%
(93 514)
-138%
(65 228)
+30%
(11 576)
+82%
9 942
N/A
100 338
+909%
201 281
+101%
134 453
-33%
77 270
-43%
10 124
-87%
(37 892)
N/A
(66 337)
-75%
(57 936)
+13%
4 855
N/A
(130 466)
N/A
6 895
N/A
9 996
+45%
67 026
+571%
133 078
+99%
7 633
-94%
17 133
+124%
(67 163)
N/A
(123 509)
-84%
(71 341)
+42%
(134 272)
-88%
(156 255)
-16%
8 226
N/A

See Also

Summary
DANSKE intrinsic value, competitors valuation, and company profile.
DCF Valuation
DANSKE stock valuation using Discount Cash Flow valuation method.
Relative Valuation
DANSKE stock valuation using valuation multiples.
Wall Street Estimates
DANSKE price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
DANSKE stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
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