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VOLVO CAR DENMARK A/S: Financial statements 2017

CVR: 14540733

Source: annual report 2017, Danish Business Authority

01/01/2017 – 31/12/2017

VOLVO CAR DENMARK A/S (CVR 14540733) has filed annual accounts for 2017. In 2017, the company reported revenue of DKK 843,504,556 and a net result of DKK 3,871,472 compared with DKK 3,394,341 the year before. That is an increase of 20.3% compared with the year before. The profit margin was 0.5%. Equity in the 2017 report amounted to DKK 60,122,335. The solvency ratio was 26.1%. The company had 34 employees in the financial year.

Revenue
DKK 843,504,556
Gross Profit
DKK 56,870,454
Profit/Loss
DKK 3,871,472
Equity
DKK 60,122,335
Total Assets
DKK 230,411,908
Employees
34

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2017843.5M56.9M3.9M60.1M34
2016701.4M51.2M3.4M56.3M35
2015567.2M54.8M5.1M58M36
2012394.4M36.1M2.4M55.3M29

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Events in 2017

VOLVO CAR DENMARK A/S: The 2016 annual report is outMay 31, 2017

VOLVO CAR DENMARK A/S has published its annual report for 2016. Revenue came to DKK 701,393,156, and the net result was DKK 3,394,341.

Svante Magnus Boman joins the board of VOLVO CAR DENMARK A/SMay 2, 2017

As of May 2, 2017, Svante Magnus Boman has joined the board of directors of VOLVO CAR DENMARK A/S.

Mats Rune Svensson joins the board of VOLVO CAR DENMARK A/SMay 2, 2017

As of May 2, 2017, Mats Rune Svensson has joined the board of directors of VOLVO CAR DENMARK A/S.

Karl Magnus Ragnmark joins the board of VOLVO CAR DENMARK A/SMay 2, 2017

As of May 2, 2017, Karl Magnus Ragnmark has joined the board of directors of VOLVO CAR DENMARK A/S.

Artur Bugsgang leaves the board of VOLVO CAR DENMARK A/SMay 2, 2017

As of May 2, 2017, Artur Bugsgang has left the board of directors of VOLVO CAR DENMARK A/S.

Øystein Herland leaves the board of VOLVO CAR DENMARK A/SMay 2, 2017

As of May 2, 2017, Øystein Herland has left the board of directors of VOLVO CAR DENMARK A/S.

Bengt Christian Robert Ericson leaves the board of VOLVO CAR DENMARK A/SMay 2, 2017

As of May 2, 2017, Bengt Christian Robert Ericson has left the board of directors of VOLVO CAR DENMARK A/S.

Hans Erik Oscarsson leaves the board of VOLVO CAR DENMARK A/SMay 2, 2017

As of May 2, 2017, Hans Erik Oscarsson has left the board of directors of VOLVO CAR DENMARK A/S.

About VOLVO CAR DENMARK A/S

VOLVO CAR DENMARK A/S is a Danish company of the type Aktieselskab based in Søborg, founded in 1990. The company is registered under the industry Engroshandel med motorkøretøjer. The company was previously named VOLVO PERSONVOGNE DANMARK A/S and VOLVO PERSONVOGNE, DANMARK A/S. The management consists of Lovisa Maria Bramsvik and Gisela Margaretha Breiter. The board consists of Johan Edvin Olsson (chair), Karl Magnus Ragnmark and Lovisa Maria Bramsvik. The company is owned by Volvo Car Corporation. The company has 24 employees (2026). In 2025, the company reported revenue of DKK 1,403,182,000 and a net result of DKK 6,626,000 compared with DKK 14,220,000 the year before. Equity in the 2025 report amounted to DKK 28,834,000.

Source: annual report 2025, Danish Business Authority