Skip to main content

Annual Report 2025: Record result of DKK 1,087 million

With a profit of DKK 1,087 million before tax, Velliv delivered its strongest operating result to date.

The performance underlines Velliv’s ongoing focus on streamlining operations, which has also enabled a reduction in investment costs of 10 per cent in 2025.  
The risk result also developed positively with a surplus of DKK 88 million compared to DKK -608 million in 2024, confirming that Velliv is following the plan established to ensure balance in this area. The positive development comes despite Velliv seeing a continually increasing number of customers struggling with mental distress and difficulties in their everyday lives, and unfortunately, there are still no signs that this wider societal trend is moving in the right direction.

Chief Executive Officer Kim Kehlet Johansen comments on the financial results: 

With an operating profit of DKK 1,087 million before tax, Velliv delivers a record result for 2025. The satisfactory performance is driven by an ongoing focus on streamlining and optimising operations, while at the same time achieving a positive risk result. Combined with Velliv’s health offering, reduced investment costs and competitive returns, this means we’re now in our strongest commercial position to date.

Kim Kehlet Johansen

Cheif Executive Officer

Portrait of Kim Kehlet Johansen, CEO

Financial highlights

Profit before tax of DKK 1,087m

DKK 700m in 2024

Profit after tax of DKK 743m

DKK 699m in 2024

Gross Written Premiums (GWP) of DKK 33.9bn

DKK 34.2bn in 2024

Risk result of DKK 88m

DKK -608m in 2024

Total customer returns of DKK 22.8bn

 DKK 28.1bn in 2024

Read more about the development in Velliv

Watch videos featuring Velliv’s Executive Board

Kim Kehlet Johansen, Chief Executive Officer (CEO)

Søren Herrestrup Husted, Chief Commercial Officer (CCO)

Lea Vaisalo, Chief Investment Officer (CIO)

Contact us