Its activities range from mortgages, retail and investment banking to insurance, leasing and asset management.

As of 2012[update], Nykredit Group was the largest lender in Denmark and one of the major private bond issuers in Europe.

In 2003 Nykredit bought Totalkredit, a mortgage lending institution whose products are distributed by 103 regional and local banks.

[1] In February 2016 Nykredit faced public outrage among their customers due to significantly increased service fees.

On 9 September 2016 The Danish Consumer-ombudsman filed a police report regarding misleading marketing of service fees conducted by the subsidiary company Totalkredit.