The Second cabinet of Mette Frederiksen, colloquially known as the SVM government (Danish: SVM-regeringen), is the current government of Denmark, which took office on 15 December 2022. It succeeded the Frederiksen I Cabinet following the 2022 Danish general election. It is the first time in more than 40 years that the Social Democrats and Venstre, two historical political rivals, have been together in a government.
Headed by Prime Minister Mette Frederiksen, it is a centrist government, consisting of the Social Democrats, Venstre, and the Moderates. It was announced on 13 December following a record 42 days of negotiations. The government is supported by the Union Party and the Social Democratic Party from the Faroe Islands, as well as Naleraq and Inuit Ataqatigiit from Greenland. As the government has 90 of the 179 seats in the Folketing with its support parties, it effectively operates as a majority government.
Following the 2026 election, on 25 March Frederiksen presented her resignation to Frederik X, and took on the role of caretaker government, until a new government can be presented.