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NOKIA DENMARK A/S: Financial statements 2020

CVR: 13680531

Source: annual report 2020, Danish Business Authority

01/01/2020 – 31/12/2020

NOKIA DENMARK A/S (CVR 13680531) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 311,505,059 and a net result of DKK 10,799,503 compared with DKK 11,743,293 the year before. That is a decrease of 3.6% compared with the year before. The profit margin was 3.5%. Equity in the 2020 report amounted to DKK 39,906,124. The solvency ratio was 27.3%. The company had 111 employees in the financial year.

Revenue
DKK 311,505,059
Gross Profit
DKK 154,473,863
Profit/Loss
DKK 10,799,503
Equity
DKK 39,906,124
Total Assets
DKK 146,363,588
Employees
111

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2020311.5 mio.154.5 mio.10.8 mio.39.9 mio.111
2019323.3 mio.147.6 mio.11.7 mio.42.1 mio.117
2018374.5 mio.88.8 mio.14.1 mio.46.4 mio.111
2017343.6 mio.83.9 mio.9.3 mio.54.3 mio.117
2016197.6 mio.15.4 mio.3.7 mio.34.7 mio.11

Official annual report

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Events in 2020

Henning Peter Goldbeck joins the board of NOKIA DENMARK A/SNov 11, 2020

As of November 11, 2020, Henning Peter Goldbeck has joined the board of directors of NOKIA DENMARK A/S.

Bent Jørgen Riis leaves the board of NOKIA DENMARK A/SNov 11, 2020

As of November 11, 2020, Bent Jørgen Riis has left the board of directors of NOKIA DENMARK A/S.

NOKIA DENMARK A/S: The 2019 annual report is outJul 8, 2020

NOKIA DENMARK A/S has published its annual report for 2019. Revenue came to DKK 323,286,509, and the net result was DKK 11,743,293.

NOKIA DENMARK A/S appoints new auditorJul 3, 2020

As of July 3, 2020, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of NOKIA DENMARK A/S.

Auditor steps down at NOKIA DENMARK A/SJul 3, 2020

As of July 3, 2020, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of NOKIA DENMARK A/S.

About NOKIA DENMARK A/S

NOKIA DENMARK A/S is a Danish company of the type Aktieselskab based in København S, founded in 1970. The company is registered under the industry Levering af fastnetbaseret, trådløs og satellitbaseret telekommunikation. The company was previously named ALCATEL-LUCENT DENMARK A/S and ALCATEL DANMARK A/S. The management consists of Lise Karstensen. The board consists of Carsten Jedig Stovgaard (chair), Anne Vesalainen and Lise Karstensen. The company is owned by Nokia Solutions and Networks Oy. The company has 111 employees (2026). In 2025, the company reported revenue of DKK 225,577,884 and a net result of DKK 16,404,047 compared with DKK 19,501,367 the year before. Equity in the 2025 report amounted to DKK 44,613,037.

Source: annual report 2025, Danish Business Authority