GEO: Financial statements 2023
CVR: 59781812
Source: annual report 2023, Danish Business Authority
01/01/2023 – 31/12/2023
GEO (CVR 59781812) has filed annual accounts for 2023. In 2023, the company reported revenue of DKK 460,796,000 and a net result of DKK 33,505,000 compared with DKK 16,915,000 the year before. That is an increase of 49.2% compared with the year before. The profit margin was 7.3%. Equity in the 2023 report amounted to DKK 184,325,000. The solvency ratio was 45.9%. The company had 229 employees in the financial year.
- Revenue
- DKK 460,796,000
- Profit/Loss
- DKK 33,505,000
- Equity
- DKK 184,325,000
- Total Assets
- DKK 402,014,000
- Employees
- 229
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2023 | 460.8 mio. | - | 33.5 mio. | 184.3 mio. | 229 |
| 2022 | 308.9 mio. | - | 16.9 mio. | 150.8 mio. | 207 |
| 2021 | 236.8 mio. | - | 12.3 mio. | 133.9 mio. | 179 |
| 2020 | 230.1 mio. | - | 9.4 mio. | 121.6 mio. | 175 |
| 2019 | 190.8 mio. | - | 4.8 mio. | 112.2 mio. | 174 |
Official annual report
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GEO has published its annual report for 2022. Revenue came to DKK 308,940,000, and the net result was DKK 16,915,000.
About GEO
GEO is a Danish company of the type Erhvervsdrivende fond based in Kgs. Lyngby, founded in 1999. The company is registered under the industry Rådgivende ingeniøraktiviteter inden for byggeri og anlægsarbejder. The company was previously named GEOTEKNISK INSTITUT. The management consists of Kim Sillemann. The board consists of Jeppe Blak-Lunddahl (chair), Jesper Seidelin Nordby, Dea Cecilie Forchhammer and Erling Halfdan Stenby. The company has 280 employees (2026). In 2025, the company reported revenue of DKK 530,464,000 and a net result of DKK 35,161,000 compared with DKK 41,361,000 the year before. Equity in the 2025 report amounted to DKK 260,846,000.