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IDAVANG A/S: Financial statements 2020

CVR: 20956143

Source: annual report 2020, Danish Business Authority

01/01/2020 – 31/12/2020

IDAVANG A/S (CVR 20956143) has filed annual accounts for 2020. In 2020, the company reported revenue of EUR 101,754,000 and a net result of EUR -7,761,000 compared with EUR 10,979,000 the year before. That is a decrease of 7.9% compared with the year before. The profit margin was -7.6%. Equity in the 2020 report amounted to EUR 29,868,000. The solvency ratio was 20.4%.

Revenue
EUR 101,754,000
Profit/Loss
EUR -7,761,000
Equity
EUR 29,868,000
Total Assets
EUR 146,369,000

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2020101.8 mio. EUR--7.8 mio. EUR29.9 mio. EUR-
2019110.5 mio. EUR-11 mio. EUR67.3 mio. EUR-
201899.5 mio. EUR-1.2 mio. EUR50.4 mio. EUR-
2017109.6 mio. EUR-6.1 mio. EUR54.1 mio. EUR-
201695.1 mio. EUR-14.2 mio. EUR72.3 mio. EUR-

Official annual report

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Events in 2020

IDAVANG A/S: The 2019 annual report is outJun 2, 2020

IDAVANG A/S has published its annual report for 2019. Revenue came to DKK 110,540,000, and the net result was DKK 10,979,000.

IDAVANG A/S appoints new auditorMay 25, 2020

As of May 25, 2020, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of IDAVANG A/S.

Auditor steps down at IDAVANG A/SMay 25, 2020

As of May 25, 2020, EY Godkendt Revisionspartnerselskab has stepped down as auditor of IDAVANG A/S.

Jytte Rosenmaj joins the board of IDAVANG A/SMay 25, 2020

As of May 25, 2020, Jytte Rosenmaj has joined the board of directors of IDAVANG A/S.

Claus Baltsersen joins the board of IDAVANG A/SMay 25, 2020

As of May 25, 2020, Claus Baltsersen has joined the board of directors of IDAVANG A/S.

Leo Grønvall leaves the board of IDAVANG A/SMay 25, 2020

As of May 25, 2020, Leo Grønvall has left the board of directors of IDAVANG A/S.

Jytte Rosenmaj leaves the board of IDAVANG A/SMay 24, 2020

As of May 24, 2020, Jytte Rosenmaj has left the board of directors of IDAVANG A/S.

About IDAVANG A/S

IDAVANG A/S is a Danish company of the type Aktieselskab based in Vejen, founded in 1998. The company is registered under the industry Ikke-finansielle holdingselskaber. The company was previously named DANISH LITHUANIAN HOLDING A/S and DANISH LITHUANIAN HOLDING ApS. The management consists of Claus Baltsersen and Michael Thuesen Henriksen. The board consists of Niels Hermansen (chair), Carsten Lund Thomsen, Claus Baltsersen and Jytte Rosenmaj. The company is owned by JAST HOLDING ApS. The company has 5 employees (2026). In 2025, the company reported a net result of DKK 626,000 compared with DKK 123,907,000 the year before. Equity in the 2025 report amounted to DKK 175,257,000.

Source: annual report 2025, Danish Business Authority