DANFOSS A/S: Financial statements 2024
CVR: 20165715
Source: annual report 2024, Danish Business Authority
01/01/2024 – 31/12/2024
DANFOSS A/S (CVR 20165715) has filed annual accounts for 2024. In 2024, the company reported revenue of EUR 9,674,000,000 and a net result of EUR 370,000,000 compared with EUR 819,000,000 the year before. That is a decrease of 9.2% compared with the year before. The profit margin was 3.8%. Equity in the 2024 report amounted to EUR 5,601,000,000. The solvency ratio was 47.7%. The company had 42,369 employees in the financial year.
- Revenue
- EUR 9,674,000,000
- Gross Profit
- EUR 3,057,000,000
- Profit/Loss
- EUR 370,000,000
- Equity
- EUR 5,601,000,000
- Total Assets
- EUR 11,736,000,000
- Employees
- 42,369
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2024 | 9.7 mia. EUR | 3.1 mia. EUR | 370 mio. EUR | 5.6 mia. EUR | 42369 |
| 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 | - |
Official annual report
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DANFOSS A/S has published its annual report for 2023. Revenue came to DKK 10,654,000,000, and the net result was DKK 819,000,000.
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.