Årsrapport (Annual Accounts Filing)
Annual financial statements that all Danish limited liability companies must file with Erhvervsstyrelsen (Danish Business Authority). Publicly available on virk.dk. Filing deadline is 5 months after financial year-end for most companies.
Who this applies to
- All ApS (Anpartsselskab) companies
- All A/S (Aktieselskab) companies
- Certain foundations (fonde) and associations
- Branches of foreign companies operating in Denmark
What to file
Årsrapport (annual report/accounts) filed via Erhvervsstyrelsens portal (virk.dk). Contents depend on reporting class: class B minimum includes balance sheet, profit and loss, and management declaration. Larger companies require more extensive notes and may require an audit opinion.
How to file
Electronically via virk.dk using XBRL tagging (digital financial reporting format). Most Danish revisorer and accounting software (e-conomic, Dinero) generate XBRL-compliant annual accounts. Paper filing is not accepted. First-time filers can use Erhvervsstyrelsens guidance tool.
Payment due
Filing is a compliance obligation — no direct payment, but late filing triggers significant fines.
Penalties for missing this deadline
Escalating fines: DKK 500 for first overdue notice, increasing with further delay. Companies significantly late risk mandatory dissolution (tvangsopløsning) initiated by Erhvervsstyrelsen. Directors of dissolved companies may be disqualified from directorships. Fines are issued per director, not per company.
Filing checklist
- Finalise all bookkeeping entries for the financial year including accruals and adjustments
- Prepare balance sheet (balance) and profit and loss account (resultatopgørelse)
- Prepare required notes (noter) based on reporting class
- Obtain management approval — for a sole-director ApS, the director signs the management declaration
- For audit-required companies: coordinate with revisor for audit completion before deadline
- Submit via virk.dk in XBRL format
Documents you'll need
- Complete trial balance for the financial year
- Prior year comparatives for the balance sheet and P&L
- Management declaration (ledelsespåtegning) signed by all directors
- Audit or review opinion from revisor (if required or elected)
- List of proposed dividend distributions or retained profit
Common mistakes to avoid
- Missing the 5-month deadline because annual accounts preparation is started too late — begin immediately after year-end
- Filing class B accounts when the company actually qualifies as class C due to exceeding the size thresholds
- Omitting mandatory disclosures required for the reporting class (related-party transactions, post-balance-sheet events, etc.)
- Not updating the registered address and director details on virk.dk before the filing — Erhvervsstyrelsen may query outdated information
Never miss a Denmark deadline
AccountsOS tracks every Skattestyrelsen (Danish Tax Agency) and Erhvervsstyrelsen (Danish Business Authority) / CVR deadline and reminds you weeks ahead.
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