Avis Budget Denmark A/S

CVR 19673146 · Public limited company (A/S) · Active · High risk

Avis Budget Denmark A/S is a Public limited company (A/S), founded on , based in Albertslund. The company is registered in the industry udlejning og leasing af biler og lette motorkøretøjer. Our model estimates a bankruptcy risk of 5.9% over the next 12 months, which is 4.2 times the average for Danish companies. 20 annual reports have been published, of which 6 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 6.2m and a net result of DKK -22.1m.

Bankruptcy risk for Avis Budget Denmark A/S

5.9%
probability of bankruptcy within 12 months
High risk

4.2 × the average (1.41%) · higher risk than 93% of active Danish companies

Lowest riskHighest risk

Increases the risk

Going-concern uncertaintyYes · bankruptcy rate 16.3%1.9×
Number of CEOs0 · bankruptcy rate 12.7%1.4×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×
Share of late annual reports25%–50% · bankruptcy rate 10.6%1.2×
Loss for the yearYes · bankruptcy rate 10.3%1.2×
Other companies at the same address20–100 · bankruptcy rate 10.2%1.2×
Equity ratio0%–10% · bankruptcy rate 10.2%1.2×

Reduces the risk

Reporting classReporting class C, medium-size enterprise · bankruptcy rate 0.8%0.09×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×
CEOs in total (historical)5+ · bankruptcy rate 3.8%0.43×
Company typeA/S · bankruptcy rate 4.4%0.50×
Auditor registered in CVRYes · bankruptcy rate 4.8%0.55×

The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.

Company details

CVR number
19673146
Status
Active
Company type
Public limited company (A/S)
Founded
(30 years)
Address
Roskildevej 14
2620 Albertslund
Municipality
Albertslund
Industry
Udlejning og leasing af biler og lette motorkøretøjer (771100)
Bankruptcies in the industry: Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n.
Share capital
DKK 3.0m
Employees
145 (2018)
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late7 of 28
Missing annual reportNo
Negative equityNo
Equity ratio4.9%
Current ratio114%
Moves (last 2 years)0
CEO changes in total11
CEO's previous bankruptcies0
Other companies at the address21
Going-concern uncertaintyYes

Financials and key figures

Financial year202520242023
RevenueDKK 233.3mDKK 272.2mDKK 277.3m
Gross profitDKK 6.3mDKK -11.9mDKK 16.0m
Net profitDKK -22.1mDKK -43.2mDKK -21.8m
EquityDKK 6.2mDKK 28.3mDKK 26.5m
Total assetsDKK 126.4mDKK 110.9mDKK 102.4m
CashDKK 24.3mDKK 7.7m–
Short-term debtDKK 106.7mDKK 61.8m–
Avg. employees99121–

Latest annual report: Reporting class C, medium-size enterprise · auditor's statement: Auditor's report on audited financial statements · Statsautoriseret RevisionspartnerCentral Business Registration No:.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025181
1 Jan 2024 – 31 Dec 2024192 Late
1 Jan 2023 – 31 Dec 2023172
1 Jan 2022 – 31 Dec 2022189 Late
1 Jan 2021 – 31 Dec 2021182
1 Jan 2020 – 31 Dec 2020176
1 Jan 2019 – 31 Dec 2019241 Late
1 Jan 2018 – 31 Dec 2018154
1 Jan 2017 – 31 Dec 2017192 Late
1 Jan 2016 – 31 Dec 2016185 Late
1 Jan 2015 – 31 Dec 2015172
1 Jan 2014 – 31 Dec 2014108
1 Jan 2013 – 31 Dec 2013140
1 Jan 2012 – 31 Dec 2012154
1 Jan 2011 – 31 Dec 2011134
1 Oct 2009 – 30 Sep 2010151
1 Oct 2008 – 30 Sep 2009187 Late
1 Oct 2007 – 30 Sep 2008154
1 Oct 2006 – 30 Sep 2007154
1 Apr 2005 – 30 Sep 2006173

The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.

Management, owners and auditor

RoleNameFromTo
CEOVictor Christoffersen
CEOTorben Otte Jørgensen
CEOIvan Nadelmann
CEODag Andre Johansen
CEOLars Brejner Dissing
CEOAndrew Francis Smith
BoardJesper Lund LarsenCurrent
BoardCamilla LarsenCurrent
BoardDonald Richard HayesCurrent
BoardAlfredo Hernandez PeñaCurrent
BoardGianluca TestaCurrent
BoardClaus Korsgaard Knudsen
BoardTyge Jesper Rothe
BoardErik Kjeldsen Skjøtt
BoardTorben Otte Jørgensen
BoardIvan Nadelmann
BoardDag Andre Johansen
BoardCatherine Margareta Röhstö Sahlgren
BoardMurray Hennessy
BoardPierre Kallberg
BoardGlenn van Heerden
BoardPatrick Kenneth Rankin
BoardMartin Laubscher
BoardTerje Navjord
BoardPer Erik Burud
BoardArne Didrik Kjørnæs
BoardJohn Erik Nilsen
BoardSverre Leiro
BoardDag Tveterås
BoardTor Øivind Kirkeng
BoardChristian Vinding Thomsen
BoardDorte Brix Nagell
BoardDag Andre Johansen
BoardCecilie Haarseth
BoardVasant Mistry
BoardMorten Krarup
BoardKasper Gjedsted
BoardLars Brejner Dissing
BoardMark Jeffrey Servodidio
BoardMark John Kightley
BoardOle Grønvold
BoardNina Anne Bell
BoardJens Kim Jeppesen
BoardPaul Leslie Ford
BoardAndrew Francis Smith
BoardJason Turner
BoardJan Schjøtz
BoardHans Waldemar Müller
Owner (100%)ABG Scandinavia Holdings ASCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorNis Jørn Bennetzen
AuditorSven Halberg
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorERNST & YOUNG DENMARK P/S
AuditorEY Godkendt Revisionspartnerselskab
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
AuditorBDO Holding VII, statsautoriseret revisionsaktieselskab
FounderVICTOR CHRISTOFFERSEN ApSCurrent

The CEOs' other companies

Victor Christoffersen – 45 other companies, of which 45 bankrupt

Torben Otte Jørgensen – 24 other companies, of which 1 bankrupt

Ivan Nadelmann – 36 other companies, of which 6 bankrupt

Lars Brejner Dissing – 5 other companies, of which 1 bankrupt

Andrew Francis Smith – 1 other companies

Address history (3 moves)

Roskildevej 14, 2620 Albertslund
Roskildevej 14, 2620 Albertslund
Sluseholmen 3, 2450 København SV
c/o AVIS/Biludlejning i Danmark A/S, Sjællandsbroen 1, 2450 København SV

Former names

Avis Budget Denmark A/S – now
RAC DENMARK A/S –
BILUDLEJNING I DANMARK A/S –
BILUDLEJNING I DANMARK ApS –
BILERIA ApS –
VICH 4903 ApS –

Employees per year

Number of employees at Avis Budget Denmark A/S per year891772011: 15220112012: 15120122013: 14920132014: 17020142015: 17720152016: 17320162017: 14620172018: 1452018

Other companies at the same address

Similar companies in Albertslund

Questions and answers about Avis Budget Denmark A/S

Has Avis Budget Denmark A/S gone bankrupt?

No, Avis Budget Denmark A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of Avis Budget Denmark A/S?

Our model estimates a bankruptcy risk of 5.9% over the next 12 months (high risk), which is 4.2 times the average for Danish companies.

Who is the auditor of Avis Budget Denmark A/S?

Avis Budget Denmark A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was Avis Budget Denmark A/S founded?

Avis Budget Denmark A/S was founded on 1 November 1996.

What is the equity of Avis Budget Denmark A/S?

Equity was DKK 6.2m according to the annual report for the period ending 31 December 2025.

Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.