VOLVO DANMARK A/S: Financial statements 2024
CVR: 56147713
Source: annual report 2024, Danish Business Authority
01/01/2024 – 31/12/2024
VOLVO DANMARK A/S (CVR 56147713) has filed annual accounts for 2024. In 2024, the company reported revenue of DKK 2,464,850,000 and a net result of DKK 58,724,000 compared with DKK 63,286,000 the year before. That is a decrease of 8% compared with the year before. The profit margin was 2.4%. Equity in the 2024 report amounted to DKK 209,591,000. The solvency ratio was 17.4%. The company had 313 employees in the financial year.
- Revenue
- DKK 2,464,850,000
- Gross Profit
- DKK 406,506,000
- Profit/Loss
- DKK 58,724,000
- Equity
- DKK 209,591,000
- Total Assets
- DKK 1,207,628,000
- Employees
- 313
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2024 | 2.5B | 406.5M | 58.7M | 209.6M | 313 |
| 2023 | 2.7B | 387.8M | 63.3M | 210.9M | 296 |
| 2022 | 1.7B | 217.1M | 67.7M | 212.6M | 315 |
| 2021 | 1.1B | 243.2M | 49.8M | 189.9M | 351 |
| 2020 | 956.5M | 185.5M | 21.9M | 155M | 355 |
Official annual report
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VOLVO DANMARK A/S has won the tender "El-lastbil - TEC" issued by Technical Education Copenhagen (TEC) worth 245,000 DKK.
VOLVO DANMARK A/S has published its annual report for 2023. Revenue came to DKK 2,679,166,000, and the net result was DKK 63,286,000.
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.
