2023 | 2022 | 2021 | 2020 | 2019 | |
Grants and distributions | |||||
Total number of grants at year-end | 61 | 58 | 52 | 49 | 47 |
Annual distributions, million DKK | 430.8 | 371.0 | 360.0 | 335.2 | 414.4 |
Return on investment | |||||
Bonds and cash, million DKK | 211.5 | -484.0 | -8.7 | 104.1 | 140.2 |
Equities, million DKK | 338.6 | -372.0 | 441.4 | 251.5 | 484.4 |
Total return, million DKK | 550.1 | -856.0 | 432.7 | 355.5 | 624.6 |
Administrative costs | |||||
Administrative costs including depreciation, million DKK | 13.6 | 12.8 | 12.8 | 12.3 | 13.9 |
Administrative costs compared to distributions, % | 3.2 | 3.5 | 3.6 | 3.4 | 3.4 |
Administrative costs per grant, million DKK | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 |
Capital | |||||
Net capital at year-end, million DKK | 4,761.1 | 4,659.4 | 5,903.0 | 5,846.0 | 5,841.0 |