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Borg Automotive A/S: Financial statements 2019

CVR: 87322416

Source: annual report 2019, Danish Business Authority

01/01/2019 – 31/12/2019

Borg Automotive A/S (CVR 87322416) has filed annual accounts for 2019. In 2019, the company reported revenue of DKK 917,678,000 and a net result of DKK 60,364,000 compared with DKK 84,715,000 the year before. That is a decrease of 12.7% compared with the year before. The profit margin was 6.6%. Equity in the 2019 report amounted to DKK 344,179,000. The solvency ratio was 45.9%.

Revenue
DKK 917,678,000
Gross Profit
DKK 201,211,000
Profit/Loss
DKK 60,364,000
Equity
DKK 344,179,000
Total Assets
DKK 749,261,000

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2019917.7M201.2M60.4M344.2M-
20181.1B130.2M84.7M345.4M75
2016770.8M66.4M72.4M239.3M50
2015578.9M45.6M47.5M174.4M56
2014-65M36.7M129.4M57

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Events in 2019

Carsten Thygesen joins the board of Borg Automotive A/SJun 19, 2019

As of June 19, 2019, Carsten Thygesen has joined the board of directors of Borg Automotive A/S.

Borg Automotive A/S: The 2018 annual report is outApr 11, 2019

Borg Automotive A/S has published its annual report for 2018. Revenue came to DKK 1,051,649,000, and the net result was DKK 84,715,000.

Kurt Bering Sørensen joins the board of Borg Automotive A/SMar 28, 2019

As of March 28, 2019, Kurt Bering Sørensen has joined the board of directors of Borg Automotive A/S.

Søren Klarskov Vilby leaves the board of Borg Automotive A/SMar 28, 2019

As of March 28, 2019, Søren Klarskov Vilby has left the board of directors of Borg Automotive A/S.

Kurt Bering Sørensen leaves the board of Borg Automotive A/SMar 27, 2019

As of March 27, 2019, Kurt Bering Sørensen has left the board of directors of Borg Automotive A/S.

About Borg Automotive A/S

Borg Automotive A/S is a Danish company of the type Aktieselskab based in Silkeborg, founded in 1979. The company is registered under the industry Engroshandel med reservedele og tilbehør til motorkøretøjer. The company was previously named ELSTOCK A/S and ELSTOCK RUDKØBING ApS. The management consists of Jesper Møberg. The board consists of Jens Bjerg Sørensen (chair), Kurt Bering Sørensen, Carsten Thygesen and Søren Ulrik Toft-Jensen. The company is owned by AKTIESELSKABET SCHOUW & CO.. The company has 100 employees (2026). In 2025, the company reported revenue of DKK 1,775,673,000 and a net result of DKK -52,371,000 compared with DKK 44,105,000 the year before. Equity in the 2025 report amounted to DKK 380,417,000.

Source: annual report 2025, Danish Business Authority