Avis Budget Denmark A/S: Financial statements 2016
CVR: 19673146
Source: annual report 2016, Danish Business Authority
01/01/2016 – 31/12/2016
Avis Budget Denmark A/S (CVR 19673146) has filed annual accounts for 2016. In 2016, the company reported revenue of DKK 264,599,000 and a net result of DKK 12,159,000 compared with DKK 11,143,000 the year before. That is an increase of 21.1% compared with the year before. The profit margin was 4.6%. Equity in the 2016 report amounted to DKK 40,442,000. The solvency ratio was 41.4%. The company had 121 employees in the financial year.
- Revenue
- DKK 264,599,000
- Gross Profit
- DKK 53,201,000
- Profit/Loss
- DKK 12,159,000
- Equity
- DKK 40,442,000
- Total Assets
- DKK 97,752,000
- Employees
- 121
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2016 | 264.6 mio. | 53.2 mio. | 12.2 mio. | 40.4 mio. | 121 |
| 2015 | 218.5 mio. | 51.6 mio. | 11.1 mio. | 28.3 mio. | - |
| 2014 | 210.7 mio. | 58 mio. | 15.8 mio. | 33 mio. | 118 |
| 2013 | 189.2 mio. | 30 mio. | -9.7 mio. | 17.1 mio. | - |
Official annual report
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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.
About Avis Budget Denmark A/S
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 127 employees (2026). 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.