Avis Budget Denmark A/S: Financial statements 2024
CVR: 19673146
Source: annual report 2024, Danish Business Authority
01/01/2024 – 31/12/2024
Avis Budget Denmark A/S (CVR 19673146) has filed annual accounts for 2024. In 2024, the company reported revenue of DKK 272,229,000 and a net result of DKK -43,207,000 compared with DKK -21,769,000 the year before. That is a decrease of 1.8% compared with the year before. The profit margin was -15.9%. Equity in the 2024 report amounted to DKK 28,324,000. The solvency ratio was 25.5%. The company had 121 employees in the financial year.
- Revenue
- DKK 272,229,000
- Gross Profit
- DKK -11,924,000
- Profit/Loss
- DKK -43,207,000
- Equity
- DKK 28,324,000
- Total Assets
- DKK 110,928,000
- Employees
- 121
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2024 | 272.2M | -11.9M | -43.2M | 28.3M | 121 |
| 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 |
Official annual report
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As of November 27, 2024, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Avis Budget Denmark A/S.
As of November 27, 2024, A/S PSE 17 NR. 1056 has stepped down as auditor of Avis Budget Denmark A/S.
As of October 18, 2024, Alfredo Hernandez Peña has joined the board of directors of Avis Budget Denmark A/S.
As of October 18, 2024, Paul Leslie Ford has left the board of directors of Avis Budget Denmark A/S.
Avis Budget Denmark A/S has published its annual report for 2023. Revenue came to DKK 277,340,000, and the net result was DKK -21,769,000.
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.