VOLVO DANMARK A/S: Financial statements 2020
CVR: 56147713
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
VOLVO DANMARK A/S (CVR 56147713) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 956,509,000 and a net result of DKK 21,908,000 compared with DKK 13,405,000 the year before. That is an increase of 1.9% compared with the year before. The profit margin was 2.3%. Equity in the 2020 report amounted to DKK 155,044,000. The solvency ratio was 24.5%. The company had 355 employees in the financial year.
- Revenue
- DKK 956,509,000
- Gross Profit
- DKK 185,531,000
- Profit/Loss
- DKK 21,908,000
- Equity
- DKK 155,044,000
- Total Assets
- DKK 632,596,000
- Employees
- 355
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | 956.5 mio. | 185.5 mio. | 21.9 mio. | 155 mio. | 355 |
| 2019 | 938.3 mio. | 185.4 mio. | 13.4 mio. | 133.1 mio. | 337 |
| 2018 | 1 mia. | 183.8 mio. | 33.5 mio. | 184.5 mio. | 324 |
| 2017 | 1.2 mia. | 167 mio. | 26 mio. | 221 mio. | 337 |
| 2016 | 1.1 mia. | 166.2 mio. | 48 mio. | 245.6 mio. | 324 |
Official annual report
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As of September 9, 2020, Niels Ryge Andersson has joined the board of directors of VOLVO DANMARK A/S.
As of September 9, 2020, Hans Peter Eriksson has joined the board of directors of VOLVO DANMARK A/S.
As of September 9, 2020, Lars Magnus Krantz has joined the board of directors of VOLVO DANMARK A/S.
As of September 9, 2020, Anna Ingrid Gunilla Jeansson has left the board of directors of VOLVO DANMARK A/S.
As of September 9, 2020, Johan Magnus Björklund has left the board of directors of VOLVO DANMARK A/S.
As of September 9, 2020, Anna Kerstin Müller has left the board of directors of VOLVO DANMARK A/S.
As of July 31, 2020, Hans Peter Eriksson is registered as adm. dir. of VOLVO DANMARK A/S.
As of July 31, 2020, Niels Ryge Andersson has stepped down as adm. dir. of VOLVO DANMARK A/S.
As of June 17, 2020, Anna Kerstin Müller has joined the board of directors of VOLVO DANMARK A/S.
As of June 17, 2020, Lars Bo Larsen has left the board of directors of VOLVO DANMARK A/S.
About VOLVO DANMARK A/S
VOLVO DANMARK A/S is a Danish company of the type Aktieselskab based in Taastrup, founded in 1955. The company is registered under the industry Agenturhandel med motorcykler, biler, busser og trailere mv.. The company was previously named VOLVO LASTVOGNE OG BUSSER DANMARK A/S. The management consists of Hans Peter Eriksson. The board consists of Lars Magnus Krantz (chair), Carl Niklas Grahn and Hans Peter Eriksson. The company is owned by AB Volvo. The company has 390 employees (2026). In 2025, the company reported revenue of DKK 2,434,031,000 and a net result of DKK 65,574,000 compared with DKK 58,724,000 the year before. Equity in the 2025 report amounted to DKK 220,165,000.