VOLVO DANMARK A/S: Financial statements 2021
CVR: 56147713
Source: annual report 2021, Danish Business Authority
01/01/2021 – 31/12/2021
VOLVO DANMARK A/S (CVR 56147713) has filed annual accounts for 2021. In 2021, the company reported revenue of DKK 1,112,724,000 and a net result of DKK 49,830,000 compared with DKK 21,908,000 the year before. That is an increase of 16.3% compared with the year before. The profit margin was 4.5%. Equity in the 2021 report amounted to DKK 189,874,000. The solvency ratio was 28.1%. The company had 351 employees in the financial year.
- Revenue
- DKK 1,112,724,000
- Gross Profit
- DKK 243,217,000
- Profit/Loss
- DKK 49,830,000
- Equity
- DKK 189,874,000
- Total Assets
- DKK 675,289,000
- Employees
- 351
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2021 | 1.1B | 243.2M | 49.8M | 189.9M | 351 |
| 2020 | 956.5M | 185.5M | 21.9M | 155M | 355 |
| 2019 | 938.3M | 185.4M | 13.4M | 133.1M | 337 |
| 2018 | 1B | 183.8M | 33.5M | 184.5M | 324 |
| 2017 | 1.2B | 167M | 26M | 221M | 337 |
Official annual report
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VOLVO DANMARK A/S has won the tender "Levering af 1. stk. 4-akslet chassis opbygget med kroghejs" issued by Københavns Kommune - Teknik- og Miljøforvaltningen worth 1,889,712 DKK.
As of October 8, 2021, Ionela-Olimpia Linca has joined the board of directors of VOLVO DANMARK A/S.
As of October 8, 2021, Niels Ryge Andersson has left the board of directors of VOLVO DANMARK A/S.
VOLVO DANMARK A/S has published its annual report for 2020. Revenue came to DKK 956,509,000, and the net result was DKK 21,908,000.
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.