Distributions

We deposit all distributions to your NemKonto unless you have specifically instructed us to do otherwise. You do not need to inform us if you change banks, as your NemKonto is registered automatically and directly linked to your CPR number. Distributions are only paid out when the amount comes to DKK 100 or more. All distributions are done via bank transfer. When making bank transfers to a bank abroad, the minimum amount is set at 1,000 kr.

Koda makes distributions every month, but this does not mean that all areas have monthly distributions – in some cases, distributions are carried out quarterly or annually. To see exactly when we distribute revenues for which areas, check our distribution schedule

Your account information on My Koda provides plenty of detail on your distributions, and you can search the data by period and by work. You might want to watch this video guide on searching your account if you want to look up detailed information. 

Your earnings from Koda and NCB are registered as ‘B-income’ under Danish law. Please note that this means that tax has NOT been deducted from the amount you receive from Koda. We advise all members to set aside funds towards paying your taxes. We report our distributions regularly to the Danish tax authorities, SKAT. Contact SKAT for further information on tax-related issues.

Koda adds any income generated from interest and similar to the payments received from clients and distributes it among Koda rightsholders. For details, see Koda’s financial statements, which you can find in our annual report