VOLUE TECHNOLOGY DENMARK A/S: Financial statements 2020
CVR: 34477396
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
VOLUE TECHNOLOGY DENMARK A/S (CVR 34477396) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 27,232,378 and a net result of DKK 4,922,180 compared with DKK 8,139,736 the year before. That is a decrease of 6.5% compared with the year before. Equity in the 2020 report amounted to DKK 11,107,561. The solvency ratio was 36%. The company had 26 employees in the financial year.
- Gross Profit
- DKK 27,232,378
- Profit/Loss
- DKK 4,922,180
- Equity
- DKK 11,107,561
- Total Assets
- DKK 30,842,850
- Employees
- 26
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 27.2 mio. | 4.9 mio. | 11.1 mio. | 26 |
| 2019 | - | 29.1 mio. | 8.1 mio. | 6.2 mio. | 27 |
| 2018 | - | 27.3 mio. | -2.7 mio. | -2 mio. | 36 |
| 2017 | - | 30.1 mio. | -272 t. | 757 t. | 40 |
| 2016 | - | 28.1 mio. | -59 t. | 1 mio. | 35 |
Official annual report
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On December 15, 2020, the company changed its name from POWEL DANMARK A/S to VOLUE TECHNOLOGY DENMARK A/S.
As of June 24, 2020, Arnstein Kjesbu has joined the board of directors of VOLUE TECHNOLOGY DENMARK A/S.
As of June 24, 2020, Kjetil Storset has left the board of directors of VOLUE TECHNOLOGY DENMARK A/S.
VOLUE TECHNOLOGY DENMARK A/S has published its annual report for 2019. Gross profit came to DKK 29,136,931, and the net result was DKK 8,139,736.
About VOLUE TECHNOLOGY DENMARK A/S
VOLUE TECHNOLOGY DENMARK A/S is a Danish company of the type Aktieselskab based in Skovlunde, founded in 2012. The company is registered under the industry Computerprogrammering. The company was previously named POWEL DANMARK A/S. The management consists of Richard Schytte. The board consists of Arnstein Kjesbu (chair), Bente Sollie and Kristin Wikstrøm. The company is owned by Volue Technology AS. The company has 13 employees (2026). In 2025, the company reported a gross profit of DKK 20,024,622 and a net result of DKK 3,997,946 compared with DKK 2,700,171 the year before. Equity in the 2025 report amounted to DKK 34,110,384.