Avis Budget Denmark A/S: Financial statements 2019
CVR: 19673146
Source: annual report 2019, Danish Business Authority
01/01/2019 – 31/12/2019
Avis Budget Denmark A/S (CVR 19673146) has filed annual accounts for 2019. In 2019, the company reported revenue of DKK 264,146,000 and a net result of DKK -71,633,000 compared with DKK -54,486,000 the year before. That is a decrease of 9.5% compared with the year before. The profit margin was -27.1%. Equity in the 2019 report amounted to DKK 17,816,000. The solvency ratio was 7.6%. The company had 120 employees in the financial year.
- Revenue
- DKK 264,146,000
- Gross Profit
- DKK -24,600,000
- Profit/Loss
- DKK -71,633,000
- Equity
- DKK 17,816,000
- Total Assets
- DKK 235,038,000
- Employees
- 120
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2019 | 264.1M | -24.6M | -71.6M | 17.8M | 120 |
| 2018 | 292M | - | -54.5M | -24M | 117 |
| 2017 | 286.2M | 30.8M | -10M | 30.5M | 115 |
| 2016 | 264.6M | 53.2M | 12.2M | 40.4M | 121 |
| 2015 | 218.5M | 51.6M | 11.1M | 28.3M | - |
Official annual report
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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.
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.