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Avis Budget Denmark A/S: Financial statements 2018

CVR: 19673146

Source: annual report 2018, Danish Business Authority

01/01/2018 – 31/12/2018

Avis Budget Denmark A/S (CVR 19673146) has filed annual accounts for 2018. In 2018, the company reported revenue of DKK 291,971,000 and a net result of DKK -54,486,000 compared with DKK -9,952,000 the year before. That is an increase of 2% compared with the year before. The profit margin was -18.7%. Equity in the 2018 report amounted to DKK -23,996,000. The company had 117 employees in the financial year.

Revenue
DKK 291,971,000
Profit/Loss
DKK -54,486,000
Equity
DKK -23,996,000
Total Assets
DKK 137,447,000
Employees
117

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2018292M--54.5M-24M117
2017286.2M30.8M-10M30.5M115
2016264.6M53.2M12.2M40.4M121
2015218.5M51.6M11.1M28.3M-
2014210.7M58M15.8M33M118

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Events in 2018

Lars Brejner Dissing leaves the board of Avis Budget Denmark A/SOct 12, 2018

As of October 12, 2018, Lars Brejner Dissing has left the board of directors of Avis Budget Denmark A/S.

Lars Brejner Dissing steps down as underdirektør of Avis Budget Denmark A/SOct 12, 2018

As of October 12, 2018, Lars Brejner Dissing has stepped down as underdirektør of Avis Budget Denmark A/S.

Avis Budget Denmark A/S: The 2017 annual report is outJul 11, 2018

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.

Andrew Francis Smith joins the board of Avis Budget Denmark A/SJun 1, 2018

As of June 1, 2018, Andrew Francis Smith has joined the board of directors of Avis Budget Denmark A/S.

Ole Grønvold leaves the board of Avis Budget Denmark A/SApr 1, 2018

As of April 1, 2018, Ole Grønvold has left the board of directors of Avis Budget Denmark A/S.

Andrew Francis Smith joins Avis Budget Denmark A/S as directorApr 1, 2018

As of April 1, 2018, Andrew Francis Smith is registered as director of Avis Budget Denmark A/S.

Ole Grønvold steps down as adm. dir. of Avis Budget Denmark A/SApr 1, 2018

As of April 1, 2018, Ole Grønvold 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 128 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.

Source: annual report 2025, Danish Business Authority