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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

YearRevenueGross ProfitProfit/LossEquityEmployees
20242.5B406.5M58.7M209.6M313
20232.7B387.8M63.3M210.9M296
20221.7B217.1M67.7M212.6M315
20211.1B243.2M49.8M189.9M351
2020956.5M185.5M21.9M155M355

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Events in 2024

VOLVO DANMARK A/S wins public contractSep 18, 2024

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: The 2023 annual report is outJun 13, 2024

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.

Source: annual report 2025, Danish Business Authority