DANFOSS A/S: Financial statements 2023
CVR: 20165715
Source: annual report 2023, Danish Business Authority
01/01/2023 – 31/12/2023
DANFOSS A/S (CVR 20165715) has filed annual accounts for 2023. In 2023, the company reported revenue of EUR 10,654,000,000 and a net result of EUR 819,000,000 compared with EUR 683,000,000 the year before. That is an increase of 3.9% compared with the year before. The profit margin was 7.7%. Equity in the 2023 report amounted to EUR 5,443,000,000. The solvency ratio was 46.5%. The company had 41,324 employees in the financial year.
- Revenue
- EUR 10,654,000,000
- Gross Profit
- EUR 3,492,000,000
- Profit/Loss
- EUR 819,000,000
- Equity
- EUR 5,443,000,000
- Total Assets
- EUR 11,717,000,000
- Employees
- 41,324
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2023 | 10.7 mia. EUR | 3.5 mia. EUR | 819 mio. EUR | 5.4 mia. EUR | 41324 |
| 2022 | 10.3 mia. EUR | 3.3 mia. EUR | 683 mio. EUR | 5 mia. EUR | 32932 |
| 2021 | 7.5 mia. EUR | 2.5 mia. EUR | 631 mio. EUR | 4 mia. EUR | 27539 |
| 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 | - |
Official annual report
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DANFOSS A/S has published its annual report for 2022. Revenue came to DKK 10,256,000,000, and the net result was DKK 683,000,000.
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.