Avis Budget Denmark A/S: Financial statements 2023
CVR: 19673146
Source: annual report 2023, Danish Business Authority
01/01/2023 – 31/12/2023
Avis Budget Denmark A/S (CVR 19673146) has filed annual accounts for 2023. In 2023, the company reported revenue of DKK 277,340,000 and a net result of DKK -21,769,000 compared with DKK 27,119,000 the year before. That is an increase of 6.7% compared with the year before. The profit margin was -7.8%. Equity in the 2023 report amounted to DKK 13,840,000. The solvency ratio was 13.3%. The company had 124 employees in the financial year.
- Revenue
- DKK 277,340,000
- Gross Profit
- DKK 16,005,000
- Profit/Loss
- DKK -21,769,000
- Equity
- DKK 13,840,000
- Total Assets
- DKK 103,721,000
- Employees
- 124
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2023 | 277.3M | 16M | -21.8M | 13.8M | 124 |
| 2022 | 259.9M | 36.6M | 27.1M | 15.6M | 116 |
| 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 |
Official annual report
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Avis Budget Denmark A/S has published its annual report for 2022. Revenue came to DKK 259,934,000, and the net result was DKK 27,119,000.
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.