In cross-country poverty studies Denmark, like the other Nordic countries, stands out with low rates of poverty incidence and duration. The purpose in the present paper is to show that this is the net outcome of very different poverty profiles between natives and immigrants. We describe and analyse the annual incidence of poverty 1984-2007 separately for natives and for immigrants from Western and non-Western countries using panel data for the whole population. We further describe entry and exit rates relative to poverty and persistence of poverty for these three population groups. Finally, we calculate a set of indicators of income mobility and inequality for immigrant and native population groups.