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Avis Budget Denmark A/S: Financial statements 2022

CVR: 19673146

Source: annual report 2022, Danish Business Authority

01/01/2022 – 31/12/2022

Avis Budget Denmark A/S (CVR 19673146) has filed annual accounts for 2022. In 2022, the company reported revenue of DKK 259,934,000 and a net result of DKK 27,119,000 compared with DKK -43,553,000 the year before. That is an increase of 21.7% compared with the year before. The profit margin was 10.4%. Equity in the 2022 report amounted to DKK 15,609,000. The solvency ratio was 11.4%. The company had 116 employees in the financial year.

Revenue
DKK 259,934,000
Gross Profit
DKK 36,600,000
Profit/Loss
DKK 27,119,000
Equity
DKK 15,609,000
Total Assets
DKK 136,426,000
Employees
116

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2022259.9M36.6M27.1M15.6M116
2021213.6M-6.8M-43.6M-21.5M96
2020164.6M-43.1M-66.4M22M86
2019264.1M-24.6M-71.6M17.8M120
2018292M--54.5M-24M117

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Events in 2022

Donald Richard Hayes joins the board of Avis Budget Denmark A/SDec 1, 2022

As of December 1, 2022, Donald Richard Hayes has joined the board of directors of Avis Budget Denmark A/S.

Andrew Francis Smith leaves the board of Avis Budget Denmark A/SDec 1, 2022

As of December 1, 2022, Andrew Francis Smith has left the board of directors of Avis Budget Denmark A/S.

Donald Richard Hayes joins Avis Budget Denmark A/S as adm. dir.Dec 1, 2022

As of December 1, 2022, Donald Richard Hayes is registered as adm. dir. of Avis Budget Denmark A/S.

Andrew Francis Smith steps down as director of Avis Budget Denmark A/SDec 1, 2022

As of December 1, 2022, Andrew Francis Smith has stepped down as director of Avis Budget Denmark A/S.

Jesper Lund Larsen joins the board of Avis Budget Denmark A/SAug 31, 2022

As of August 31, 2022, Jesper Lund Larsen has joined the board of directors of Avis Budget Denmark A/S.

Camilla Larsen joins the board of Avis Budget Denmark A/SAug 31, 2022

As of August 31, 2022, Camilla Larsen has joined the board of directors of Avis Budget Denmark A/S.

Jan Schjøtz leaves the board of Avis Budget Denmark A/SAug 31, 2022

As of August 31, 2022, Jan Schjøtz has left the board of directors of Avis Budget Denmark A/S.

Avis Budget Denmark A/S: The 2021 annual report is outJul 1, 2022

Avis Budget Denmark A/S has published its annual report for 2021. Revenue came to DKK 213,641,000, and the net result was DKK -43,553,000.

Jan Schjøtz joins the board of Avis Budget Denmark A/SJan 11, 2022

As of January 11, 2022, Jan Schjøtz has joined the board of directors of Avis Budget Denmark A/S.

Hans Waldemar Müller joins the board of Avis Budget Denmark A/SJan 11, 2022

As of January 11, 2022, Hans Waldemar Müller has joined 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 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