Understanding company financial statements on companydata.dk

Danish companies file their annual reports digitally in XBRL format with the Danish Business Authority (Erhvervsstyrelsen). We pull this data daily and present it as a clear table and interactive chart on each company page. This guide explains what the numbers mean, why some companies don't report revenue, and how to use the financial data to assess a company's health.

What key metrics does companydata.dk show?

The financial table on each company page shows six columns for each fiscal year:

• Revenue (nettoomsætning) — the company's total sales income for the period. If revenue isn't reported, we show gross profit instead
• Profit/Loss (årets resultat) — the bottom line after all costs, depreciation, interest, and tax. A trend arrow shows whether the result has increased or decreased compared to the previous year
• Total Assets (balancesum) — the sum of everything the company owns: cash, receivables, inventory, equipment, and property. Total assets always equals equity plus liabilities
• Equity (egenkapital) — the company's net worth: assets minus all debt. If equity is negative, the company owes more than it owns
• Employees — average number of full-time equivalents (FTE) during the fiscal year

Each row in the table also has buttons to download the original annual report as a PDF or open the interactive report viewer directly in your browser.

What is the difference between revenue and gross profit?

Most people use revenue as the primary measure of a company's size. But not all Danish companies report their revenue. This is due to Danish reporting classes.

Gross profit is revenue minus cost of goods sold and direct production costs. The figure is lower than revenue, but still gives a picture of the company's activity level. When we show gross profit instead of revenue, the column heading makes this clear.

What are reporting classes A, B, C, and D?

The Danish Financial Statements Act (Årsregnskabsloven) divides companies into four reporting classes based on size. The class determines how much information the company must disclose:

• Class A — sole proprietorships and personally owned businesses. Often have no filed financial statements at all
• Class B — smaller companies (most ApS and small A/S). Must file an annual report but can omit revenue. Many choose to report only gross profit
• Class C — medium and large companies. Must report a full income statement including revenue. Split into C-small and C-large with different requirements
• Class D — listed companies. The most extensive requirements — report under IFRS

The interactive financial chart

Above the financial table, we show an interactive line chart with two data series: revenue (or gross profit) in blue and profit/loss in green. Years run left to right, oldest to newest. Amounts are shown in Danish kroner — formatted as "t." for thousands, "mio." for millions, and "mia." for billions. Hover over a data point to see the exact amount.

The chart requires at least two fiscal years to render, and is only available to Pro users. Basic users see a blurred placeholder with an option to upgrade.

Annual reports: PDF and interactive viewer

For each fiscal year, you can access the original annual report in two ways:

• PDF download — get the official annual report as a PDF file, ready for printing or archiving
• Interactive viewer — open the report directly in your browser in a formatted XHTML layout. Useful for quick review without downloading anything

Both features are available to Pro users only. Basic users see a locked icon next to each fiscal year.

Compare against the industry

If the company has a primary industry code and at least one financial statement, we show a benchmark section that compares the company against industry averages. You can see how the company ranks on four metrics: revenue, profit margin, employee count, and equity ratio — each compared against the industry's 25th percentile, median, 75th percentile, and average.

This makes it easy to assess whether a company is performing above or below average for its industry, without having to find comparison data yourself.

What is the difference between Basic and Pro?

• Basic (free) — the most recent fiscal year in the table. No chart, no PDF download, no interactive report viewer
• Pro (249 kr/month) — all available fiscal years, interactive chart, PDF download, interactive report viewer, and industry benchmarks

If a company has 10 years of financial history, Basic users see only the latest year with a button showing "View 9 more years" and a prompt to upgrade.