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VOLVO DANMARK A/S: Financial statements 2023

CVR: 56147713

Source: annual report 2023, Danish Business Authority

01/01/2023 – 31/12/2023

VOLVO DANMARK A/S (CVR 56147713) has filed annual accounts for 2023. In 2023, the company reported revenue of DKK 2,679,166,000 and a net result of DKK 63,286,000 compared with DKK 67,707,000 the year before. That is an increase of 56.3% compared with the year before. The profit margin was 2.4%. Equity in the 2023 report amounted to DKK 210,867,000. The solvency ratio was 16%. The company had 296 employees in the financial year.

Revenue
DKK 2,679,166,000
Gross Profit
DKK 387,794,000
Profit/Loss
DKK 63,286,000
Equity
DKK 210,867,000
Total Assets
DKK 1,314,242,000
Employees
296

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
20232.7B387.8M63.3M210.9M296
20221.7B217.1M67.7M212.6M315
20211.1B243.2M49.8M189.9M351
2020956.5M185.5M21.9M155M355
2019938.3M185.4M13.4M133.1M337

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Events in 2023

VOLVO DANMARK A/S wins public contractDec 14, 2023

VOLVO DANMARK A/S has won the tender "Levering af i alt 5 stk. fabriksnye og færdigopbyggede lastbiler" issued by Aalborg Forsyning worth 10,259,672 DKK.

VOLVO DANMARK A/S: The 2022 annual report is outJul 4, 2023

VOLVO DANMARK A/S has published its annual report for 2022. Revenue came to DKK 1,713,629,000, and the net result was DKK 67,707,000.

VOLVO DANMARK A/S wins public contractJun 23, 2023

VOLVO DANMARK A/S has won the tender "Levering af i alt 2 stk. fabriksnye og færdigopbyggede lastbiler" issued by Aalborg Renovation worth 3,975,000 DKK.

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.

Source: annual report 2025, Danish Business Authority