Avis Budget Denmark A/S

CVR: 19673146

Stable revenueMedium companyWell-established (29 yrs)Loss-making

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

Active

Avis Budget Denmark A/S is currently facing financial challenges, with a reported loss of 43.2 million DKK in 2024, despite generating revenue of 272.2 million DKK. The company has seen a decline in profitability over the past two years, moving from a profit of 27.1 million DKK in 2022 to consecutive losses in 2023 and 2024. Equity has improved slightly to 28.3 million DKK, but remains a concern given its previous negative equity position. The revenue trend shows growth, increasing from 164.6 million DKK in 2020 to 277.3 million DKK in 2023, indicating a potential recovery in demand within the car rental industry, although profitability remains a significant hurdle.

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Overview

Company type: A/S; Aktieselskab
Address: Roskildevej 14, 2620 Albertslund; ALBERTSLUND; 2620 Albertslund; Find nearby companies
Founded: 1.11.1996

Details

Industry: Udlejning og leasing af biler og lette motorkøretøjer; Code: 771100
Secondary industries: Formidlingsaktiviteter inden for specialiseret detailhandel (479200); Anden forsikring (651200); Udlejning af erhvervsejendomme (682040)
Employees: 145 employees; 117 FTE; (2018)
Capital: 3.005.000 kr.

Contact

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Purpose

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.