Avis Budget Denmark A/S: Financial statements 2021
CVR: 19673146
Source: annual report 2021, Danish Business Authority
01/01/2021 – 31/12/2021
Avis Budget Denmark A/S (CVR 19673146) has filed annual accounts for 2021. In 2021, the company reported revenue of DKK 213,641,000 and a net result of DKK -43,553,000 compared with DKK -66,373,000 the year before. That is an increase of 29.8% compared with the year before. The profit margin was -20.4%. Equity in the 2021 report amounted to DKK -21,510,000. The company had 96 employees in the financial year.
- Revenue
- DKK 213,641,000
- Gross Profit
- DKK -6,829,000
- Profit/Loss
- DKK -43,553,000
- Equity
- DKK -21,510,000
- Total Assets
- DKK 68,957,000
- Employees
- 96
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2021 | 213.6M | -6.8M | -43.6M | -21.5M | 96 |
| 2020 | 164.6M | -43.1M | -66.4M | 22M | 86 |
| 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 |
Official annual report
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As of December 31, 2021, Nina Anne Bell has left the board of directors of Avis Budget Denmark A/S.
As of December 31, 2021, Jason Turner has left the board of directors of Avis Budget Denmark A/S.
Avis Budget Denmark A/S has published its annual report for 2020. Revenue came to DKK 164,587,000, and the net result was DKK -66,373,000.
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.