GEO: Financial statements 2024
CVR: 59781812
Source: annual report 2024, Danish Business Authority
01/01/2024 – 31/12/2024
GEO (CVR 59781812) has filed annual accounts for 2024. In 2024, the company reported revenue of DKK 470,724,000 and a net result of DKK 41,361,000 compared with DKK 33,505,000 the year before. That is an increase of 2.2% compared with the year before. The profit margin was 8.8%. Equity in the 2024 report amounted to DKK 225,686,000. The solvency ratio was 49.7%. The company had 252 employees in the financial year.
- Revenue
- DKK 470,724,000
- Profit/Loss
- DKK 41,361,000
- Equity
- DKK 225,686,000
- Total Assets
- DKK 453,741,000
- Employees
- 252
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2024 | 470.7 mio. | - | 41.4 mio. | 225.7 mio. | 252 |
| 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 |
Official annual report
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GEO has won the tender "Udbud af Geotekniske boringer - Traditionelle boringer og Kerneboringer" issued by HOFOR A/S worth 80,000,000 DKK.
GEO has won the tender "Udbud af rådgiverydelser ved undersøgelser og afgravning af overfladeforurening" issued by Region Nordjylland worth 8,700,000 DKK.
As of June 6, 2024, Jeppe Blak-Lunddahl has joined the board of directors of GEO.
As of June 6, 2024, Niels Anker Jørgensen has left the board of directors of GEO.
GEO has published its annual report for 2023. Revenue came to DKK 460,796,000, and the net result was DKK 33,505,000.
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.