Owners, management and financials
CVR: 19673146
Secondary names: MANDARIN A/S, RAC DENMARK LEASING A/S, BILUDLEJNING I DANMARK A/S
Previous names: VICH 4903 ApS, BILERIA ApS, BILUDLEJNING I DANMARK ApS
DKK 233,258,000
Revenue
Net result: DKK -22,114,000
ABG Scandinavia Holdings AS (100%)
CVR · view owners
Donald Richard Hayes
Board: Gianluca Testa (chair) and 4 members
CVR · view management
Active
Founded 1 November 1996
CVR · view overview
145 employees
CVR · 2018
Director role ended: Andrew Francis Smith
CVR · 01/12/2022
View the full event history
Avis Budget Denmark A/S is a Danish company of the type Aktieselskab based in Albertslund, founded in 1996. The company is registered under the industry Udlejning og leasing af biler og lette motorkøretøjer. The company was previously named RAC DENMARK A/S and BILUDLEJNING I DANMARK A/S. The management consists of Donald Richard Hayes. The board consists of Gianluca Testa (chair), Alfredo Hernandez Peña, Camilla Larsen and Donald Richard Hayes. The company is owned by ABG Scandinavia Holdings AS. The company has 145 employees (2018). In 2025, the company reported revenue of DKK 233,258,000 and a net result of DKK -22,114,000 compared with DKK -43,207,000 the year before. Equity in the 2025 report amounted to DKK 6,210,000.
Source: annual report 2025, Danish Business Authority
Avis Budget Denmark A/S is currently facing financial challenges, as evidenced by consecutive losses over the past three years, culminating in a profit of -22.1 million DKK in 2025 despite a revenue of 233.3 million DKK. Revenue peaked in 2024 at 272.2 million DKK but has since declined, indicating a downward trend. The company's equity position has fluctuated, dropping to 6.2 million DKK in 2025 from 28.3 million DKK in 2024, raising concerns about its financial stability. With a focus on vehicle rental and leasing, Avis Budget Denmark operates in a competitive industry, but its profitability and equity issues may hinder its market position moving forward.
AI-generated summary · Generated 01/07/2026
Selskabets formål er at drive virksomhed med udlejning af automobiler og andet løsøre samt enhver forretningsvirksomhed, som står i forbindelse med udlejning af automobiler, herunder køb og salg af automobiler.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 233.3 mio. | -22.1 mio. | 126.4 mio. | 6.2 mio. | 99 | |
| 202401/01/2024 – 31/12/2024 | 272.2 mio. | -43.2 mio. | 110.9 mio. | 28.3 mio. | 121 | |
| 202301/01/2023 – 31/12/2023 | 277.3 mio. | -21.8 mio. | 103.7 mio. | 13.8 mio. | 124 | |
| 202201/01/2022 – 31/12/2022 | 259.9 mio. | 27.1 mio. | 136.4 mio. | 15.6 mio. | 116 | |
| 202101/01/2021 – 31/12/2021 | 213.6 mio. | -43.6 mio. | 69 mio. | -21.5 mio. | 96 | |
| 202001/01/2020 – 31/12/2020 | 164.6 mio. | -66.4 mio. | 82.1 mio. | 22 mio. | 86 | |
| 201901/01/2019 – 31/12/2019 | 264.1 mio. | -71.6 mio. | 235 mio. | 17.8 mio. | 120 | |
| 201801/01/2018 – 31/12/2018 | 292 mio. | -54.5 mio. | 137.4 mio. | -24 mio. | 117 | |
| 201701/01/2017 – 31/12/2017 | 286.2 mio. | -10 mio. | 89.9 mio. | 30.5 mio. | 115 | |
| 201601/01/2016 – 31/12/2016 | 264.6 mio. | 12.2 mio. | 97.8 mio. | 40.4 mio. | 121 | |
| 201501/01/2015 – 31/12/2015 | 218.5 mio. | 11.1 mio. | 93.7 mio. | 28.3 mio. | - | |
| 201401/01/2014 – 31/12/2014 | 210.7 mio. | 15.8 mio. | 100 mio. | 33 mio. | 118 | |
| 201301/01/2013 – 31/12/2013 | 189.2 mio. | -9.7 mio. | 58.7 mio. | 17.1 mio. | - |
Compared to 632 companies in Udlejning og leasing af biler og lette motorkøretøjer
Comparison is based on industry median values
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Set up monitoringThe CVR number of Avis Budget Denmark A/S is 19673146.
Avis Budget Denmark A/S is owned by ABG Scandinavia Holdings AS.
The management of Avis Budget Denmark A/S consists of Donald Richard Hayes.
The board of Avis Budget Denmark A/S consists of Gianluca Testa, Alfredo Hernandez Peña and Camilla Larsen, with Gianluca Testa as chair.
In 2025, Avis Budget Denmark A/S reported revenue of DKK 233,258,000.
Avis Budget Denmark A/S had 145 employees in 2018 according to the Danish CVR register.
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Avis Budget Denmark A/S has published its annual report for 2025. Revenue came to DKK 233,258,000, and the net result was DKK -22,114,000.
Contact info changed: new phone: 70247797 (February 13, 2026).
As of February 12, 2026, Gianluca Testa has joined the board of directors of Avis Budget Denmark A/S.
As of February 12, 2026, Hans Waldemar Müller has left the board of directors of Avis Budget Denmark A/S.
Avis Budget Denmark A/S has published its annual report for 2024. Revenue came to DKK 272,229,000, and the net result was DKK -43,207,000.
As of November 27, 2024, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Avis Budget Denmark A/S.
As of November 27, 2024, BDO Holding VII, statsautoriseret revisionsaktieselskab has stepped down as auditor of Avis Budget Denmark A/S.
As of October 18, 2024, Alfredo Hernandez Peña has joined the board of directors of Avis Budget Denmark A/S.
As of October 18, 2024, Paul Leslie Ford has left the board of directors of Avis Budget Denmark A/S.
Avis Budget Denmark A/S has published its annual report for 2023. Revenue came to DKK 277,340,000, and the net result was DKK -21,769,000.
Avis Budget Denmark A/S has published its annual report for 2022. Revenue came to DKK 259,934,000, and the net result was DKK 27,119,000.
As of December 1, 2022, Donald Richard Hayes has joined the board of directors of Avis Budget Denmark A/S.
As of December 1, 2022, Andrew Francis Smith has left the board of directors of Avis Budget Denmark A/S.
As of December 1, 2022, Donald Richard Hayes is registered as adm. dir. of Avis Budget Denmark A/S.
As of December 1, 2022, Andrew Francis Smith has stepped down as director of Avis Budget Denmark A/S.
As of August 31, 2022, Jesper Lund Larsen has joined the board of directors of Avis Budget Denmark A/S.
As of August 31, 2022, Camilla Larsen has joined the board of directors of Avis Budget Denmark A/S.
As of August 31, 2022, Jan Schjøtz has left the board of directors of Avis Budget Denmark A/S.
Avis Budget Denmark A/S has published its annual report for 2021. Revenue came to DKK 213,641,000, and the net result was DKK -43,553,000.
As of January 11, 2022, Jan Schjøtz has joined the board of directors of Avis Budget Denmark A/S.
As of January 11, 2022, Hans Waldemar Müller has joined the board of directors of Avis Budget Denmark A/S.
As of December 31, 2021, Nina Anne Bell has left the board of directors of Avis Budget Denmark A/S.
As of December 31, 2021, Jason Turner has left the board of directors of Avis Budget Denmark A/S.
Avis Budget Denmark A/S has published its annual report for 2020. Revenue came to DKK 164,587,000, and the net result was DKK -66,373,000.
Avis Budget Denmark A/S has published its annual report for 2019. Revenue came to DKK 264,146,000, and the net result was DKK -71,633,000.
As of May 6, 2020, BDO Holding VII, statsautoriseret revisionsaktieselskab has been appointed auditor of Avis Budget Denmark A/S.
As of May 6, 2020, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of Avis Budget Denmark A/S.
As of August 14, 2019, Jason Turner has joined the board of directors of Avis Budget Denmark A/S.
As of August 14, 2019, Mark John Kightley has left the board of directors of Avis Budget Denmark A/S.
Avis Budget Denmark A/S has published its annual report for 2018. Revenue came to DKK 291,971,000, and the net result was DKK -54,486,000.
As of October 12, 2018, Lars Brejner Dissing has left the board of directors of Avis Budget Denmark A/S.
As of October 12, 2018, Lars Brejner Dissing has stepped down as underdirektør of Avis Budget Denmark A/S.
Avis Budget Denmark A/S has published its annual report for 2017. Revenue came to DKK 286,166,000, and the net result was DKK -9,952,000.
As of June 1, 2018, Andrew Francis Smith has joined the board of directors of Avis Budget Denmark A/S.
As of April 1, 2018, Ole Grønvold has left the board of directors of Avis Budget Denmark A/S.
As of April 1, 2018, Andrew Francis Smith is registered as director of Avis Budget Denmark A/S.
As of April 1, 2018, Ole Grønvold has stepped down as adm. dir. of Avis Budget Denmark A/S.
As of December 20, 2017, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Avis Budget Denmark A/S.
As of December 20, 2017, EY Godkendt Revisionspartnerselskab has stepped down as auditor of Avis Budget Denmark A/S.
Avis Budget Denmark A/S has published its annual report for 2016. Revenue came to DKK 264,599,000, and the net result was DKK 12,159,000.
As of March 27, 2017, Jens Kim Jeppesen has left the board of directors of Avis Budget Denmark A/S.
Avis Budget Denmark A/S has published its annual report for 2015. Revenue came to DKK 218,538,000, and the net result was DKK 11,143,000.
As of May 11, 2016, Jens Kim Jeppesen has joined the board of directors of Avis Budget Denmark A/S.
As of May 11, 2016, Paul Leslie Ford has joined the board of directors of Avis Budget Denmark A/S.
As of May 11, 2016, Ole Grønvold is registered as adm. dir. of Avis Budget Denmark A/S.
On May 11, 2016, the company changed its name from RAC DENMARK A/S to Avis Budget Denmark A/S.
As of February 18, 2016, Nina Anne Bell has joined the board of directors of Avis Budget Denmark A/S.
As of February 18, 2016, Kasper Gjedsted has left the board of directors of Avis Budget Denmark A/S.
As of February 18, 2016, Mark Jeffrey Servodidio has left the board of directors of Avis Budget Denmark A/S.
As of February 18, 2016, Kasper Gjedsted has stepped down as adm. dir. of Avis Budget Denmark A/S.
Avis Budget Denmark A/S has published its annual report for 2014. Revenue came to DKK 210,659,000, and the net result was DKK 15,831,000.
As of January 29, 2015, Kasper Gjedsted has joined the board of directors of Avis Budget Denmark A/S.
As of January 29, 2015, Lars Brejner Dissing has joined the board of directors of Avis Budget Denmark A/S.
As of January 29, 2015, Mark Jeffrey Servodidio has joined the board of directors of Avis Budget Denmark A/S.
As of January 29, 2015, Mark John Kightley has joined the board of directors of Avis Budget Denmark A/S.
As of January 29, 2015, Ole Grønvold has joined the board of directors of Avis Budget Denmark A/S.
As of January 29, 2015, Morten Krarup has left the board of directors of Avis Budget Denmark A/S.
As of January 29, 2015, Christian Vinding Thomsen has left the board of directors of Avis Budget Denmark A/S.
As of January 29, 2015, Dorte Brix Nagell has left the board of directors of Avis Budget Denmark A/S.
As of January 29, 2015, Dag Andre Johansen has left the board of directors of Avis Budget Denmark A/S.
As of January 29, 2015, Cecilie Haarseth has left the board of directors of Avis Budget Denmark A/S.
As of January 29, 2015, John Erik Nilsen has left the board of directors of Avis Budget Denmark A/S.
As of January 29, 2015, Vasant Mistry has left the board of directors of Avis Budget Denmark A/S.
As of January 29, 2015, is registered as an owner of Avis Budget Denmark A/S with an ownership share of 100%.
As of October 10, 2014, EY Godkendt Revisionspartnerselskab has been appointed auditor of Avis Budget Denmark A/S.
As of October 10, 2014, JUT NR. 2180 A/S has stepped down as auditor of Avis Budget Denmark A/S.
Avis Budget Denmark A/S has published its annual report for 2013. Revenue came to DKK 189,185,000, and the net result was DKK -9,736,000.
As of August 9, 2013, Morten Krarup has joined the board of directors of Avis Budget Denmark A/S.
As of June 19, 2013, Christian Vinding Thomsen has joined the board of directors of Avis Budget Denmark A/S.
As of June 19, 2013, Dorte Brix Nagell has joined the board of directors of Avis Budget Denmark A/S.
As of June 19, 2013, Dag Andre Johansen has joined the board of directors of Avis Budget Denmark A/S.
As of June 19, 2013, Cecilie Haarseth has joined the board of directors of Avis Budget Denmark A/S.
As of June 19, 2013, Vasant Mistry has joined the board of directors of Avis Budget Denmark A/S.
As of June 19, 2013, Sverre Leiro has left the board of directors of Avis Budget Denmark A/S.
As of June 19, 2013, Terje Navjord has left the board of directors of Avis Budget Denmark A/S.
As of June 19, 2013, Arne Didrik Kjørnæs has left the board of directors of Avis Budget Denmark A/S.
As of June 19, 2013, Dag Tveterås has left the board of directors of Avis Budget Denmark A/S.
As of June 19, 2013, Tor Øivind Kirkeng has left the board of directors of Avis Budget Denmark A/S.
As of June 19, 2013, Kasper Gjedsted is registered as adm. dir. of Avis Budget Denmark A/S.
As of June 19, 2013, Lars Brejner Dissing is registered as underdirektør of Avis Budget Denmark A/S.
As of June 19, 2013, Dag Andre Johansen has stepped down as director of Avis Budget Denmark A/S.
Avis Budget Denmark A/S has published its annual report for 2012.
As of August 22, 2011, JUT NR. 2180 A/S has been appointed auditor of Avis Budget Denmark A/S.
As of August 22, 2011, REVISIONS- OG FORVALTNINGS- INSTITUTET, AKTIESELSKAB has stepped down as auditor of Avis Budget Denmark A/S.
As of August 22, 2011, Sverre Leiro has joined the board of directors of Avis Budget Denmark A/S.
As of August 22, 2011, Dag Tveterås has joined the board of directors of Avis Budget Denmark A/S.
As of August 22, 2011, Tor Øivind Kirkeng has joined the board of directors of Avis Budget Denmark A/S.
As of August 22, 2011, Per Erik Burud has left the board of directors of Avis Budget Denmark A/S.
As of August 22, 2011, Dag Andre Johansen has left the board of directors of Avis Budget Denmark A/S.
As of January 19, 2011, John Erik Nilsen has joined the board of directors of Avis Budget Denmark A/S.
As of January 19, 2011, Patrick Kenneth Rankin has left the board of directors of Avis Budget Denmark A/S.
On December 27, 2010, the company changed its name from BILUDLEJNING I DANMARK A/S to RAC DENMARK A/S.
As of August 11, 2010, Terje Navjord has joined the board of directors of Avis Budget Denmark A/S.
As of August 11, 2010, Per Erik Burud has joined the board of directors of Avis Budget Denmark A/S.
As of August 11, 2010, Arne Didrik Kjørnæs has joined the board of directors of Avis Budget Denmark A/S.
As of August 11, 2010, Martin Laubscher has left the board of directors of Avis Budget Denmark A/S.
As of December 6, 2007, Martin Laubscher has joined the board of directors of Avis Budget Denmark A/S.
As of August 27, 2007, Patrick Kenneth Rankin has joined the board of directors of Avis Budget Denmark A/S.
As of July 10, 2007, Torben Otte Jørgensen has left the board of directors of Avis Budget Denmark A/S.
As of July 10, 2007, Ivan Nadelmann has left the board of directors of Avis Budget Denmark A/S.
As of July 10, 2007, Catherine Margareta Röhstö Sahlgren has left the board of directors of Avis Budget Denmark A/S.
As of July 10, 2007, Murray Hennessy has left the board of directors of Avis Budget Denmark A/S.
As of July 10, 2007, Pierre Kallberg has left the board of directors of Avis Budget Denmark A/S.
As of July 10, 2007, Glenn van Heerden has left the board of directors of Avis Budget Denmark A/S.
As of November 1, 2005, REVISIONS- OG FORVALTNINGS- INSTITUTET, AKTIESELSKAB has been appointed auditor of Avis Budget Denmark A/S.
As of November 1, 2005, Sven Halberg has stepped down as auditor of Avis Budget Denmark A/S.
As of November 1, 2005, Torben Otte Jørgensen has joined the board of directors of Avis Budget Denmark A/S.
As of November 1, 2005, Ivan Nadelmann has joined the board of directors of Avis Budget Denmark A/S.
As of November 1, 2005, Dag Andre Johansen has joined the board of directors of Avis Budget Denmark A/S.
As of November 1, 2005, Catherine Margareta Röhstö Sahlgren has joined the board of directors of Avis Budget Denmark A/S.
As of November 1, 2005, Murray Hennessy has joined the board of directors of Avis Budget Denmark A/S.
As of November 1, 2005, Pierre Kallberg has joined the board of directors of Avis Budget Denmark A/S.
As of November 1, 2005, Glenn van Heerden has joined the board of directors of Avis Budget Denmark A/S.
As of November 1, 2005, Claus Korsgaard Knudsen has left the board of directors of Avis Budget Denmark A/S.
As of November 1, 2005, Tyge Jesper Rothe has left the board of directors of Avis Budget Denmark A/S.
As of November 1, 2005, Erik Kjeldsen Skjøtt has left the board of directors of Avis Budget Denmark A/S.
As of November 1, 2005, Dag Andre Johansen is registered as director of Avis Budget Denmark A/S.
As of November 1, 2005, Torben Otte Jørgensen has stepped down as director of Avis Budget Denmark A/S.
As of November 1, 2005, Ivan Nadelmann has stepped down as director of Avis Budget Denmark A/S.
As of December 18, 2000, Claus Korsgaard Knudsen has joined the board of directors of Avis Budget Denmark A/S.
As of December 18, 2000, Tyge Jesper Rothe has joined the board of directors of Avis Budget Denmark A/S.
As of December 18, 2000, Erik Kjeldsen Skjøtt has joined the board of directors of Avis Budget Denmark A/S.
As of December 18, 2000, Torben Otte Jørgensen is registered as director of Avis Budget Denmark A/S.
As of December 18, 2000, Ivan Nadelmann is registered as director of Avis Budget Denmark A/S.
On December 18, 2000, the company changed its name from BILUDLEJNING I DANMARK ApS to BILUDLEJNING I DANMARK A/S.
On November 22, 2000, the company changed its name from BILERIA ApS to BILUDLEJNING I DANMARK ApS.
On June 24, 1997, the company changed its name from VICH 4903 ApS to BILERIA ApS.
As of June 18, 1997, Sven Halberg has been appointed auditor of Avis Budget Denmark A/S.
As of June 18, 1997, Nis Jørn Bennetzen has stepped down as auditor of Avis Budget Denmark A/S.
As of June 18, 1997, Victor Christoffersen has stepped down as director of Avis Budget Denmark A/S.
As of November 1, 1996, Nis Jørn Bennetzen has been appointed auditor of Avis Budget Denmark A/S.
As of November 1, 1996, Victor Christoffersen is registered as director of Avis Budget Denmark A/S.
Avis Budget Denmark A/S was founded on November 1, 1996.
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