DANFOSS A/S: Financial statements 2020
CVR: 20165715
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
DANFOSS A/S (CVR 20165715) has filed annual accounts for 2020. In 2020, the company reported revenue of EUR 5,828,000,000 and a net result of EUR 435,000,000 compared with EUR 502,000,000 the year before. That is a decrease of 7.3% compared with the year before. The profit margin was 7.5%. Equity in the 2020 report amounted to EUR 3,184,000,000. The solvency ratio was 49.7%.
- Revenue
- EUR 5,828,000,000
- Gross Profit
- EUR 1,983,000,000
- Profit/Loss
- EUR 435,000,000
- Equity
- EUR 3,184,000,000
- Total Assets
- EUR 6,412,000,000
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 5.8 mia. EUR | 2 mia. EUR | 435 mio. EUR | 3.2 mia. EUR | - |
| 2019 | 6.3 mia. EUR | 2.1 mia. EUR | 502 mio. EUR | 2.9 mia. EUR | - |
| 2018 | 6.1 mia. EUR | 2.1 mia. EUR | 463 mio. EUR | 2.7 mia. EUR | - |
| 2017 | 43.3 mia. | 15.2 mia. | 3.3 mia. | 19.1 mia. | - |
| 2016 | 39.2 mia. | 13.8 mia. | 2.9 mia. | 17.3 mia. | - |
Official annual report
How creditworthy is DANFOSS A/S?
See the CDS score and get a full credit report with recommended credit limit and payment terms.
Read about the CDS scoreEvents in 2020
DANFOSS A/S has published its annual report for 2019. Revenue came to DKK 6,285,000,000, and the net result was DKK 502,000,000.
As of May 29, 2020, Jens Bjerg Sørensen has joined the board of directors of DANFOSS A/S.
About DANFOSS A/S
DANFOSS A/S is a Danish company of the type Aktieselskab based in Nordborg, founded in 1961. The company is registered under the industry Fremstilling af andre haner og ventiler. The management consists of Kim Fausing and Jesper Vaagelund Christensen. The board consists of Jens Bjerg Sørensen (chair), Bent Lewke, Connie Hedegaard Koksbang and Henning Andreas Krogh. The company is owned by Henrik Mads Clausen, BITTEN OG MADS CLAUSENS FOND and CLAUSEN CONTROLS A/S. The company has 2,857 employees (2018). In 2025, the company reported revenue of EUR 9,430,000,000 and a net result of EUR 446,000,000 compared with EUR 370,000,000 the year before. Equity in the 2025 report amounted to EUR 5,580,000,000.