ABB A/S: Financial statements 2020
CVR: 31371716
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
ABB A/S (CVR 31371716) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 1,581,592,000 and a net result of DKK 29,771,000 compared with DKK 109,783,000 the year before. That is a decrease of 10.1% compared with the year before. The profit margin was 1.9%. Equity in the 2020 report amounted to DKK 187,067,000. The solvency ratio was 33.5%. The company had 376 employees in the financial year.
- Revenue
- DKK 1,581,592,000
- Gross Profit
- DKK 340,879,000
- Profit/Loss
- DKK 29,771,000
- Equity
- DKK 187,067,000
- Total Assets
- DKK 558,235,000
- Employees
- 376
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 1.6 mia. | 340.9 mio. | 29.8 mio. | 187.1 mio. | 376 |
| 2019 | 1.8 mia. | 378.2 mio. | 109.8 mio. | 267.3 mio. | 393 |
| 2018 | 1.8 mia. | 369.9 mio. | 59.6 mio. | 217.5 mio. | 406 |
| 2017 | 2.1 mia. | 382.7 mio. | 44.4 mio. | 204.9 mio. | 441 |
| 2016 | 2.5 mia. | 426.7 mio. | 93.5 mio. | 253.5 mio. | 458 |
Official annual report
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ABB A/S has published its annual report for 2019. Revenue came to DKK 1,758,339,000, and the net result was DKK 109,783,000.
As of January 1, 2020, Peter Midskov Lyhne has joined the board of directors of ABB A/S.
As of January 1, 2020, Morten Gejl Johannesen has joined the board of directors of ABB A/S.
As of January 1, 2020, Bjarne Holm Tvede has joined the board of directors of ABB A/S.
As of January 1, 2020, Pekka Tapio Tiitinen has joined the board of directors of ABB A/S.
As of January 1, 2020, Bjarne Holm Tvede is registered as adm. dir. of ABB A/S.
About ABB A/S
ABB A/S is a Danish company of the type Aktieselskab based in Middelfart, founded in 1913. The company is registered under the industry Engroshandel med andre maskiner og andet udstyr. The company was previously named ASEA BROWN BOVERI A/S and ASEA DANMARK A/S. The management consists of Tina Balslev Frederiksen. The board consists of Galit Mizrahi (chair), Bjarne Holm Tvede, Owais Ahmed and Peter Midskov Lyhne. The company is owned by ABB Asea Brown Boveri Ltd.. The company has 439 employees (2018). In 2025, the company reported revenue of DKK 2,347,304,000 and a net result of DKK 133,124,000 compared with DKK 116,400,000 the year before. Equity in the 2025 report amounted to DKK 262,508,000.