Avis Budget Denmark A/S: Financial statements 2017
CVR: 19673146
Source: annual report 2017, Danish Business Authority
01/01/2017 – 31/12/2017
Avis Budget Denmark A/S (CVR 19673146) has filed annual accounts for 2017. In 2017, the company reported revenue of DKK 286,166,000 and a net result of DKK -9,952,000 compared with DKK 12,159,000 the year before. That is an increase of 8.2% compared with the year before. The profit margin was -3.5%. Equity in the 2017 report amounted to DKK 30,490,000. The solvency ratio was 33.9%. The company had 115 employees in the financial year.
- Revenue
- DKK 286,166,000
- Gross Profit
- DKK 30,807,000
- Profit/Loss
- DKK -9,952,000
- Equity
- DKK 30,490,000
- Total Assets
- DKK 89,896,000
- Employees
- 115
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2017 | 286.2 mio. | 30.8 mio. | -10 mio. | 30.5 mio. | 115 |
| 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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Set up monitoringEvents in 2017
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.
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.