Denmark Region, which encompasses the Copenhagen metropolitan area with the exception of the subtracted province East Zealand but includes the Baltic Sea island of Bornholm, has a population three times larger than that of North Denmark Region, which covers the more sparsely populated area of northern Jutland. Under the county system certain densely populated municipalities, such as Copenhagen Municipality and Frederiksberg, had been given a status equivalent to that of counties, making them first-level administrative divisions. These "sui generis" municipalities were incorporated into the new regions under the 2007 reforms. The Kingdom of Denmark is a unitary state that comprises, in
Economy of Denmark largest bank cooperative and it is currently the 6th largest bank in the country as of 2018. The municipality of Copenhagen alone holds a total of 153 housing cooperatives and ""Arbejdernes Andelsboligforening Århus"" (AAB Århus) is the largest individual housing cooperative in Denmark, with 23,000 homes in Aarhus. Economy of Denmark <br> The economy of Denmark is a modern market economy with comfortable living standards, a high level of government services and transfers, and a high dependence on foreign trade. The economy is dominated by the service sector with 80% of all jobs, whereas about 11% of all employees work