Interim report from Velliv – H1 2025

28 August 2025

Record result in H1 2025 and strengthened value proposition to customers.

CEO Kim Kehlet Johansen comments on the financial statement:

“Profit before tax more than doubles to DKK 656 million. This strong result is driven by Velliv’s ongoing focus on operational efficiency and securing solid returns, as well as a positive risk result, which I am very pleased with. I also note that customers are once again experiencing lower investment costs this year, and most importantly, that the launch of our health insurance will enable us to make an even greater positive impact for our customers.”

Download interim report

Financial results at a glance

Net profit amounts to DKK 486 million, a 60% increase compared to the same period last year. The result provides a solid basis for optimism that customers will also receive a bonus from Velliv Foreningen in 2026. Since 2018, Velliv Foreningen has paid out DKK 2.4 billion in cash bonuses to Velliv’s customers.

Financial highlights:

Profit before tax: DKK 656m (DKK 245m in H1 2024)

Gross Written Premiums (GWP): DKK 16.7bn (DKK 16.9bn in H1 2024)

Total risk result: DKK 152m (DKK -320m in H1 2024)

Total customer return: DKK 4.8bn (DKK 14.7bn in H1 2024)

Portrait of Kim Kehlet Johansen, CEO, presenting the half-year financial report for 2025.

Meet Lea and learn more about the strong returns

Go behind the scenes of Velliv’s solid investment performance and discover the new investment strategy with our Chief Investment Officer, Lea Vaisalo.