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TELENOR A/S: Financial statements 2020

CVR: 19433692

Source: annual report 2020, Danish Business Authority

01/01/2020 – 31/12/2020

TELENOR A/S (CVR 19433692) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 3,690,000,000 and a net result of DKK 606,000,000 compared with DKK 818,000,000 the year before. That is a decrease of 2.3% compared with the year before. The profit margin was 16.4%. Equity in the 2020 report amounted to DKK 5,967,000,000. The solvency ratio was 64.1%.

Revenue
DKK 3,690,000,000
Profit/Loss
DKK 606,000,000
Equity
DKK 5,967,000,000
Total Assets
DKK 9,312,000,000

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
20203.7 mia.-606 mio.6 mia.-
20193.8 mia.-818 mio.5.4 mia.-
20183.9 mia.-211 mio.4.5 mia.-
20174.1 mia.-1.4 mia.8.2 mia.-
20164.1 mia.--1.3 mia.6.7 mia.-

Official annual report

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Events in 2020

TELENOR A/S: The 2019 annual report is outSep 2, 2020

TELENOR A/S has published its annual report for 2019. Revenue came to DKK 3,775,000,000, and the net result was DKK 818,000,000.

Lars Thomsen joins TELENOR A/S as adm. dir.Aug 1, 2020

As of August 1, 2020, Lars Thomsen is registered as adm. dir. of TELENOR A/S.

Jesper Steffen Hansen steps down as adm. dir. of TELENOR A/SJul 31, 2020

As of July 31, 2020, Jesper Steffen Hansen has stepped down as adm. dir. of TELENOR A/S.

Nikolai Nørnberg Nielsen joins the board of TELENOR A/SJul 6, 2020

As of July 6, 2020, Nikolai Nørnberg Nielsen has joined the board of directors of TELENOR A/S.

Ieva Martinkénaité-Punjanaskiené joins the board of TELENOR A/SJul 6, 2020

As of July 6, 2020, Ieva Martinkénaité-Punjanaskiené has joined the board of directors of TELENOR A/S.

Jan Lundsgaard leaves the board of TELENOR A/SJul 6, 2020

As of July 6, 2020, Jan Lundsgaard has left the board of directors of TELENOR A/S.

Richard Maarbjerg Stigaard leaves the board of TELENOR A/SJul 6, 2020

As of July 6, 2020, Richard Maarbjerg Stigaard has left the board of directors of TELENOR A/S.

Nikolai Nørnberg Nielsen leaves the board of TELENOR A/SJul 5, 2020

As of July 5, 2020, Nikolai Nørnberg Nielsen has left the board of directors of TELENOR A/S.

About TELENOR A/S

TELENOR A/S is a Danish company of the type Aktieselskab based in København SV, founded in 1996. The company is registered under the industry Levering af fastnetbaseret, trådløs og satellitbaseret telekommunikation. The company was previously named SONOFON A/S and A/S PSE 38 NR. 1825. The management consists of Lars Thomsen. The board consists of Jon Omund Revhaug (chair), Elisabeth Stene, Inger Gløersen Folkeson and Natalia Bates Laursen. The company is owned by TELENOR DANMARK HOLDING A/S. The company has 999 employees (2026). In 2025, the company reported revenue of DKK 3,956,000,000 and a net result of DKK 301,000,000 compared with DKK 302,000,000 the year before. Equity in the 2025 report amounted to DKK 1,152,000,000.

Source: annual report 2025, Danish Business Authority