VOLVO DANMARK A/S

CVR 56147713 · Public limited company (A/S) · Active · Low risk

VOLVO DANMARK A/S is a Public limited company (A/S), founded on , based in Taastrup. The company is registered in the industry agenturhandel med motorcykler, biler, busser og trailere mv.. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 220.2m and a net result of DKK 65.6m.

Bankruptcy risk for VOLVO DANMARK A/S

0.0%
probability of bankruptcy within 12 months
Low risk

0.0 × the average (1.41%) · higher risk than 0% of active Danish companies

Lowest riskHighest risk

Increases the risk

Number of CEOs0 · bankruptcy rate 12.7%1.4×
Current ratio50%–100% · bankruptcy rate 11.7%1.3×
RegionHovedstaden · bankruptcy rate 11.6%1.3×
CEO's other companies0 · bankruptcy rate 10.9%1.2×

Reduces the risk

Reporting classReporting class C, stor virksomhed · bankruptcy rate 1.1%0.13×
Age (years)20+ yrs · bankruptcy rate 2.0%0.23×
Employees (latest year)100+ · bankruptcy rate 2.3%0.27×
Equity vs. share capital5+× · bankruptcy rate 2.5%0.28×
Published annual reports10+ · bankruptcy rate 3.0%0.35×
Time at current address5+ yrs · bankruptcy rate 3.1%0.35×
Return on assets5%–15% · bankruptcy rate 3.5%0.39×
Number of auditors (historical)3+ · bankruptcy rate 3.7%0.42×

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
56147713
Status
Active
Company type
Public limited company (A/S)
Founded
(71 years)
Address
Højager 7
2630 Taastrup
Municipality
Høje-Taastrup
Industry
Agenturhandel med motorcykler, biler, busser og trailere mv. (461810)
Bankruptcies in the industry: Autoreparationsværksteder mv.
Share capital
DKK 36.0m
Employees
378 (2018)
Auditor
DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB
Audit opted out
No

Warning signs

Annual reports filed late5 of 31
Missing annual reportNo
Negative equityNo
Equity ratio16.9%
Current ratio73%
Moves (last 2 years)0
CEO changes in total3
CEO's previous bankruptcies0
Other companies at the address1
Going-concern uncertaintyNo

Financials and key figures

Financial year20252024
RevenueDKK 2.4bnDKK 2.5bn
Gross profitDKK 453.6mDKK 406.5m
Net profitDKK 65.6mDKK 58.7m
EquityDKK 220.2mDKK 209.6m
Total assetsDKK 1.3bnDKK 1.2bn
Short-term debtDKK 665.1m–
Tax owedDKK 10.0m–
Avg. employees373–

Latest annual report: Reporting class C, stor virksomhed · auditor's statement: Revisionspåtegning · Deloitte.

Filed annual reports

Reporting periodPublishedDays after period end
1 Jan 2025 – 31 Dec 2025159
1 Jan 2024 – 31 Dec 2024155
1 Jan 2023 – 31 Dec 2023165
1 Jan 2022 – 31 Dec 2022185 Late
1 Jan 2021 – 31 Dec 2021153
1 Jan 2020 – 31 Dec 2020152
1 Jan 2019 – 31 Dec 2019164
1 Jan 2018 – 31 Dec 2018156
1 Jan 2017 – 31 Dec 2017159
1 Jan 2016 – 31 Dec 2016157
1 Jan 2015 – 31 Dec 2015162
1 Jan 2014 – 31 Dec 2014166
1 Jan 2013 – 31 Dec 2013205 Late
1 Jan 2012 – 31 Dec 2012154
1 Jan 2011 – 31 Dec 2011153
1 Jan 2010 – 31 Dec 2010156
1 Jan 2009 – 31 Dec 2009147
1 Jan 2008 – 31 Dec 2008161
1 Jan 2007 – 31 Dec 2007163
1 Jan 2006 – 31 Dec 2006168

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
CEOBent Erik Nortvig
CEOOlav Leirhol
BoardHans Peter ErikssonCurrent
BoardLars Magnus KrantzCurrent
BoardCarl Niklas GrahnCurrent
BoardBo Foss Vilstrup
BoardHelge Hougaard
BoardBent Erik Nortvig
BoardBent Erik Nortvig
BoardKurt Bruhn
BoardUlf Arne Selvin
BoardPeter Joao Andres
BoardBengt Calen
BoardCarl Erik Haggstrom
BoardBengt Jan Alrik Danielsson
BoardBjørn Gavelstad
BoardHans-Olov Olsson
BoardGunn-Britt Larsson
BoardGosta Erling Renell
BoardDag Erik Ronnheden
BoardBengt Calen
BoardPeter Martin Hansson
BoardLeif Gustaf Andersson
BoardOlav Leirhol
BoardNils Johan Jarlen
BoardBörje Roger Johansson
BoardUlf Peter Stefan Guttman
BoardJan Ulrik Andersson
BoardHelge Michael Ottesen
BoardMarkku Heikki Olkinuora
BoardEva Marianne Hallberg
BoardGuttmann
BoardUlf Ingemar Magnusson
BoardLars Thomas Svantesson
BoardAnn Jeanette Frisk
BoardPeter Mikael Östling
BoardHans Göran Börjesson
BoardGöran Birger Hjalmar Lineberg
BoardUri Peleg
BoardAnna Ingrid Gunilla Jeansson
BoardSofia Helena Frändberg
BoardNina Karin Jenny Aresund
BoardSven Niklas Benjaminsson
BoardLars Bo Larsen
BoardJan Roger Ingvar Alm
BoardGustaf Magnus Engström
BoardCarl Gustaf Mårgård
BoardAnna Ingrid Gunilla Jeansson
BoardHans Göran Börjesson
BoardJohan Magnus Björklund
BoardAnna Kerstin Müller
BoardNiels Ryge Andersson
BoardIonela-Olimpia Linca
Owner (100%)AB VolvoCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKABCurrent
AuditorDELOITTE STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPricewaterhouseCoopers, Statsautoriseret Revisionsinteressentskab
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS SERVICES STATSAUTORISERET REVISIONSAKTIESELSKAB
AuditorPRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB

The CEOs' other companies

Bent Erik Nortvig – 3 other companies

Address history (3 moves)

Højager 7, 2630 Taastrup
Taastrupgårdsvej 32, 2630 Taastrup
Lyskær 3B, 2730 Herlev
Ringager 6, 2605 Brøndby

Former names

VOLVO DANMARK A/S – now
VOLVO LASTVOGNE OG BUSSER DANMARK A/S –

Employees per year

Number of employees at VOLVO DANMARK A/S per year1893782011: 34020112012: 32020122013: 33820132014: 36420142015: 35620152016: 34020162017: 36220172018: 3782018

Other companies at the same address

Questions and answers about VOLVO DANMARK A/S

Has VOLVO DANMARK A/S gone bankrupt?

No, VOLVO DANMARK A/S is not registered as bankrupt in the CVR register. Its status is: active.

What is the bankruptcy risk of VOLVO DANMARK A/S?

Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.

Who is the auditor of VOLVO DANMARK A/S?

VOLVO DANMARK A/S most recently used DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB.

When was VOLVO DANMARK A/S founded?

VOLVO DANMARK A/S was founded on 5 July 1955.

What is the equity of VOLVO DANMARK A/S?

Equity was DKK 220.2m 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.