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Volvo Car Denmark A/S

Public limited companyCVR 14540733SøborgActive

Volvo Car Denmark A/S is a public limited company, based in Søborg, active in wholesale of motor vehicles, founded in 1990. Net profit fell 53% from 2024 to 2025, ending at DKK 6.6m. With 24 employees, the company is about 8 times larger than the industry median. Equity fell to DKK 28.8m in 2025.

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Key figures · financial year 2025

RevenueDKK 1.4bn−27.5% vs. 2024
Net profitDKK 6.6m−53.4% vs. 2024
EquityDKK 28.8m−16.2% vs. 2024
Employees24latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 4% (2024 → 2025), to DKK 41.1m.
  • Revenue fell 27% (2024 → 2025), to DKK 1.4bn.
  • Net profit fell 53% (2024 → 2025), to DKK 6.6m.
  • Equity fell 16% (2024 → 2025), to DKK 28.8m.

Employees

  • 5 fewer employees than a year earlier: 24 (08/2026) against 29 (08/2025).

Management and owners, last 24 months

  • New in management: Johan Edvin Olsson (chair of the board, 11/08/2025), Lovisa Maria Bramsvik (board member, 01/06/2026) and Lovisa Maria Bramsvik (ceo, 01/06/2026).
  • Stepped down: Mats Rune Svensson (chair of the board, 11/08/2025), Per Tobias Altehed (board member, 01/06/2026) and Per Tobias Altehed (ceo, 01/06/2026).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Wholesale of motor vehicles (467100)

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2020–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50m202020212022202320242025
EquityNet profit
Financial figures for Volvo Car Denmark A/S
202020212022202320242025Change
Revenue1,347,4961,583,0821,912,2771,936,9031,934,4841,403,182−27.5%
Gross profit61,48167,79767,28438,81439,63141,144+3.8%
Operating profit (EBIT)6,3956,0867,07112,86110,66310,109−5.2%
Profit before tax5,5825,9107,33712,93318,36612,355−32.7%
Net profit3,9574,4895,6759,95914,2206,626−53.4%
Total assets404,873518,335530,795436,181186,818295,675+58.3%
Equity48,90029,38929,46430,01134,42528,834−16.2%
Liabilities345,204484,358489,883405,522145,267255,406+75.8%
Cash and cash equivalents358,220368,232458,582264,85732,588––
Average number of employees192321222528+12%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60mDKK 70m202020212022202320242025
Gross profitMedian, the industry (199 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Low equity ratio

    Equity makes up 10% of total assets in 2025.

    How is this calculated?

    Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five latest annual reports in a row.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

6 financial years
Annual reports for Volvo Car Denmark A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202511/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202427/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202303/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202202/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202103/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202007/06/2021The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
05101520253009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

199 companies in the database

Comparison with the other companies in wholesale of motor vehicles based on the latest financial year.

Gross profitDKK 41.1mNo. 17 of 199
Better than 92% of the companies in the industry
EquityDKK 28.8mNo. 35 of 199
Better than 83% of the companies in the industry
Number of employees24No. 18 of 199
Better than 91% of the companies in the industry

Industry median: gross profit DKK 3.3m, net profit DKK 462k, equity DKK 5.4m, 3 employees.

DKK 100kDKK 1.1mDKK 11.4mDKK 121.2mDKK 587.1mHere
Distribution of gross profit for 182 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 20–49 employees9,922 companies in the comparison
No. 685of 9,892
Better than 93%
No. 1,228of 9,922
Better than 88%
Same industry and 20–49 employees12 companies in the comparison
No. 2of 12
Better than 91%
No. 8of 12
Better than 36%
Companies that are at least 30 years old10,276 companies in the comparison
No. 1,726of 10,152
Better than 83%
No. 2,822of 10,275
Better than 73%
All companies of type A/S18,025 companies in the comparison
No. 3,449of 17,786
Better than 81%
No. 5,038of 18,024
Better than 72%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Wholesale of motor vehicles
Gross profit
  1. Volvo Car Denmark A/SDKK 41.1m
  2. Wismo Group A/SDKK 1.3bn
  3. Scania Danmark A/SDKK 952.6m
Net profit
  1. Volvo Car Denmark A/SDKK 6.6m
  2. Wismo Group A/SDKK 662.3m
  3. Scania Danmark A/SDKK 219.8m
Equity
  1. Volvo Car Denmark A/SDKK 28.8m
  2. Wismo Group A/SDKK 2.7bn
  3. Scania Danmark A/SDKK 444m
Employees
  1. Volvo Car Denmark A/S24
  2. Wismo Group A/S66
  3. Scania Danmark A/S817

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
  • Volvo Car Corporation100%
Volvo Car Denmark A/S

Management

5 active registrations

Executive management

Executive management at Volvo Car Denmark A/S
NameRoleAppointed
Gisela Margaretha BreiterDirector01/10/2024
Lovisa Maria BramsvikCEO01/06/2026

Board of directors

Board of directors at Volvo Car Denmark A/S
NameRoleAppointed
Karl Magnus RagnmarkBoard member02/05/2017
Johan Edvin OlssonChair of the board11/08/2025
Lovisa Maria BramsvikBoard member01/06/2026
Founders
Bo Foss Vilstrup, Bent Erik Nortvig, Kurt Bruhn
Former management (34)
Former management at Volvo Car Denmark A/S
NameRoleAppointedResigned
Seth-Erik Sven EklundBoard member04/10/199029/12/1998
Bo Foss VilstrupBoard member04/10/199022/05/2006
Helge HougaardBoard member04/10/199029/12/2006
Helge HougaardDirector04/10/199001/09/1999
Bent Erik NortvigBoard member04/10/199006/12/1993
Kurt BruhnChair of the board04/10/199026/11/1991
Ulf Arne SelvinBoard member04/10/199006/12/1993
Hans Eric GustafssonChair of the board04/10/199002/04/1993
Carl Arne ØwrinBoard member04/10/199006/12/1993
Jan-Evert Agne Thomas MalmBoard member04/10/199024/04/1996
Hans-Olov OlssonBoard member29/04/199629/12/1998
Peter Martin HanssonBoard member21/11/199822/05/2006
Ulrika Maria HeitzmannBoard member29/12/199819/11/1999
Torben EckardtDirector01/09/199901/05/2003
Torben EckardtBoard member19/11/199922/05/2006
Bo Wilhelm GustafssonBoard member19/11/199931/10/2000
Henrik Hangaard ArndtsenDirector01/05/200325/02/2013
Artur BugsgangBoard member22/05/200602/05/2017
Thomas AnderssonBoard member22/05/200626/05/2009
Henrik Hangaard ArndtsenBoard member29/12/200625/02/2013
Øystein HerlandChair of the board26/05/200902/05/2017
Bengt Christian Robert EricsonBoard member26/05/200902/05/2017
Martin Peick-KristensenDirector25/02/201301/09/2013
Hans Erik OscarssonBoard member08/05/201302/05/2017
Svante Magnus BomanCEO01/09/201301/10/2020
Svante Magnus BomanBoard member02/05/201701/12/2020
Mats Rune SvenssonChair of the board02/05/201711/08/2025
Johan Edvin OlssonDirector17/05/201801/10/2020
Sarka Heyna FuchsovaCEO01/10/202001/07/2024
Jakob Mikael MobergDirector01/10/202001/02/2023
Sarka Heyna FuchsovaBoard member01/12/202001/07/2024
Lovisa Maria BramsvikDirector01/02/202301/10/2024
Per Tobias AltehedBoard member01/07/202401/06/2026
Per Tobias AltehedCEO01/07/202401/06/2026

Signing rule: Selskabet tegnes af bestyrelsens formand eller en direktør i forening med et bestyrelsesmedlem eller to bestyrelsesmedlemmer i forening

Address and production units

1 active production units

Vandtårnsvej 62
2860 Søborg

Gladsaxe Municipality · Postcode 2860

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
VOLVO CAR DENMARK A/SVandtårnsvej 62, 1, 2860 Søborg241000760884

Purpose

Selskabets formål er at drive handel og finansieringsvirksomhed særligt med henblik på person- og varevogne samt anden virksomhed, som efter bestyrelsens skøn står i naturlig forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

89 registered events
20265 changesaccounts 1 · management 4
  • Annual report for 2025 published
  • Lovisa Maria Bramsvik appointed ceo
  • Lovisa Maria Bramsvik appointed board member
  • Per Tobias Altehed stepped down as board member
  • Per Tobias Altehed stepped down as ceo
20254 changesmanagement 2 · accounts 1 · industry 1
  • Johan Edvin Olsson appointed chair of the board
  • Mats Rune Svensson stepped down as chair of the board
  • Annual report for 2024 published
  • Industry changed to Wholesale of motor vehicles (467100)
20247 changesmanagement 6 · accounts 1
  • Gisela Margaretha Breiter appointed director
  • Lovisa Maria Bramsvik stepped down as director
  • Per Tobias Altehed appointed board member
  • Per Tobias Altehed appointed ceo
  • Sarka Heyna Fuchsova stepped down as board member
  • Sarka Heyna Fuchsova stepped down as ceo
  • Annual report for 2023 published
20233 changesaccounts 1 · management 2
  • Annual report for 2022 published
  • Lovisa Maria Bramsvik appointed director
  • Jakob Mikael Moberg stepped down as director
20222 changesaccounts 1 · address 1
  • Annual report for 2021 published
  • Moved to Vandtårnsvej 62, 1, 2860 Søborg
20211 changeaccounts 1
  • Annual report for 2020 published
20206 changesmanagement 6
  • Sarka Heyna Fuchsova appointed board member
  • Svante Magnus Boman stepped down as board member
  • Jakob Mikael Moberg appointed director
  • Sarka Heyna Fuchsova appointed ceo
  • Johan Edvin Olsson stepped down as director
  • Svante Magnus Boman stepped down as ceo
20181 changemanagement 1
  • Johan Edvin Olsson appointed director
20177 changesmanagement 7
  • Svante Magnus Boman appointed board member
  • Karl Magnus Ragnmark appointed board member
  • Mats Rune Svensson appointed chair of the board
  • Hans Erik Oscarsson stepped down as board member
  • Bengt Christian Robert Ericson stepped down as board member
  • Øystein Herland stepped down as chair of the board
  • Artur Bugsgang stepped down as board member
20137 changesmanagement 6 · name 1
  • Svante Magnus Boman appointed ceo
  • Martin Peick-Kristensen stepped down as director
  • Name changed from VOLVO PERSONVOGNE DANMARK A/S to VOLVO CAR DENMARK A/S
  • Hans Erik Oscarsson appointed board member
  • Martin Peick-Kristensen appointed director
  • Henrik Hangaard Arndtsen stepped down as board member
  • Henrik Hangaard Arndtsen stepped down as director
20101 changeaddress 1
  • Moved to Lyskær 5, 2730 Herlev
20093 changesmanagement 3
  • Bengt Christian Robert Ericson appointed board member
  • Øystein Herland appointed chair of the board
  • Thomas Andersson stepped down as board member
20082 changesownership 1 · industry 1
  • Volvo Car Corporation registered as owner (100%)
  • Industry changed to Engroshandel med personbiler, varebiler og minibusser (451110)
20067 changesmanagement 7
  • Henrik Hangaard Arndtsen appointed board member
  • Helge Hougaard stepped down as board member
  • Thomas Andersson appointed board member
  • Artur Bugsgang appointed board member
  • Torben Eckardt stepped down as board member
  • Peter Martin Hansson stepped down as board member
  • Bo Foss Vilstrup stepped down as board member
20032 changesmanagement 2
  • Henrik Hangaard Arndtsen appointed director
  • Torben Eckardt stepped down as director
20021 changeaddress 1
  • Moved to Energivej 1, 2750 Ballerup
20001 changemanagement 1
  • Bo Wilhelm Gustafsson stepped down as board member
19995 changesmanagement 5
  • Bo Wilhelm Gustafsson appointed board member
  • Torben Eckardt appointed board member
  • Ulrika Maria Heitzmann stepped down as board member
  • Torben Eckardt appointed director
  • Helge Hougaard stepped down as director
19984 changesmanagement 4
  • Ulrika Maria Heitzmann appointed board member
  • Hans-Olov Olsson stepped down as board member
  • Seth-Erik Sven Eklund stepped down as board member
  • Peter Martin Hansson appointed board member
19962 changesmanagement 2
  • Hans-Olov Olsson appointed board member
  • Jan-Evert Agne Thomas Malm stepped down as board member
19934 changesmanagement 4
  • Carl Arne Øwrin stepped down as board member
  • Ulf Arne Selvin stepped down as board member
  • Bent Erik Nortvig stepped down as board member
  • Hans Eric Gustafsson stepped down as chair of the board
19913 changesmanagement 1 · name 1 · capital 1
  • Kurt Bruhn stepped down as chair of the board
  • Name changed from VOLVO PERSONVOGNE, DANMARK A/S to VOLVO PERSONVOGNE DANMARK A/S
  • Share capital changed from 300,000 DKK to 20,000,000 DKK
199011 changesfounded 1 · management 10
  • Registered as VOLVO PERSONVOGNE, DANMARK A/S
  • Helge Hougaard appointed board member
  • Bo Foss Vilstrup appointed board member
  • Seth-Erik Sven Eklund appointed board member
  • Jan-Evert Agne Thomas Malm appointed board member
  • Carl Arne Øwrin appointed board member
  • Hans Eric Gustafsson appointed chair of the board
  • Ulf Arne Selvin appointed board member
  • Kurt Bruhn appointed chair of the board
  • Bent Erik Nortvig appointed board member
  • Helge Hougaard appointed director

Related companies

Same industry in Gladsaxe

See all →

Same people in management

Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026.

View in CVRReport a correction