An annual report is a key part of a company’s financial reporting obligations and a legal requirement for most companies in Denmark. Danish legislation sets strict rules regarding both the content of the report and the filing deadlines, and failure to comply can have serious consequences for company management. It is therefore essential for Danish businesses to stay on top of deadlines, documentation requirements, and any updates to the Danish Financial Statements Act.
In this article, we review the deadlines for filing annual reports in Denmark, the consequences of late submission, and the most important rules under the Danish Financial Statements Act, including recent updates from the Danish Business Authority.
An annual report is a company’s official financial statement for a financial year. Its purpose is to provide a complete overview of the business, including its financial position, activities, and results. In Denmark, the annual report also serves as official documentation for public authorities, investors, business partners, and other stakeholders.
An annual report in Denmark typically includes:
If the company is subject to mandatory audit requirements under Danish law, the report will usually also include an auditor’s statement.
The specific requirements for the content of an annual report depend on the company’s size, accounting class, and legal structure under Danish regulations.
Most limited liability companies in Denmark are required to prepare and file an annual report, including:
As a general rule in Denmark, annual reports must be submitted no later than six months after the end of the financial year.
For listed companies and state-owned public limited companies, the deadline is shorter: the annual report must be filed within four months after the end of the financial year.
If the deadline falls on a public holiday or weekend in Denmark, it is automatically postponed until the next working day.
If you need assistance ensuring your annual reports are filed on time, professional support may be beneficial.
If a company fails to submit its annual report on time in Denmark, the Danish Business Authority will issue a reminder letter and grant an additional deadline of eight working days.
If the company still fails to comply, all members of the company’s highest management body may be personally fined, and the company may ultimately face compulsory dissolution.
Where a company has a board of directors, the board members are responsible for the fines. If the company only has executive management, the directors themselves will be held liable.
The fines in Denmark are:
A management member can be fined a maximum of DKK 3,000 per company.
Branches operating in Denmark are generally not required to prepare a separate annual report. However, the branch must submit the parent company’s financial statements no later than six months after the end of the financial year.
If the deadline is missed, the same procedures and fines apply as for other companies in Denmark. In this case, the branch manager is personally liable for the fine.
The Danish Financial Statements Act and guidance from the Danish Business Authority are updated regularly, and companies should remain aware of ongoing changes.
Recent changes and clarifications in Denmark include:
The Danish Business Authority most recently updated its guidance on annual reports in March 2026, including new clarifications regarding reporting requirements, audit exemptions, and filing procedures.
Does your company need assistance with year-end reporting in Denmark? We offer several advisory solutions, including the possibility of hiring an accounting specialist to manage your annual accounts.
This helps ensure that your financial statements are prepared correctly and that all Danish filing deadlines are met.
Read more here
