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Glossary

Annual report

The annual report is the financial year's final answer, made up under the Danish Financial Statements Act and filed with the Danish Business Authority, where anyone can read it. Companies such as an ApS and an A/S must file one every year; a sole proprietorship need not, but still has to make its accounts up for tax. In Danish it is the årsrapport.

Updated 21 October 2026

What is an annual report?

The annual report contains the income statement for the year, the balance sheet at the end of the year, notes that explain the figures, and a management statement in which the management vouches for the report. Small companies may leave much out, but the income statement and the balance sheet are always there. The figures come from the books: the income statement accounts give the income statement, the balance sheet accounts give the balance sheet, and the year's result is transferred to equity.

The Danish Business Authority receives the annual report digitally. Small companies can prepare and file it in Regnskab Basis on virk.dk, where the figures from the books are entered against a standard chart of accounts and the report is generated from them. The deadline runs from the end of the financial year.

Annual report in Veneti

In Veneti the Annual report under Filings shows the financial year's booked figures in the Danish Business Authority's form, line for line as Regnskab Basis lays them out, and you download the accounts file for upload. Every figure opens to the entries behind it, Last year shows the year before, and the page tells you if an account lacks a standard account or vouchers are still in the journal for the period.

The figures are the same as in the income statement and balance sheet under Reporting. The whole process for an ApS, from reconciliation to upload: Guide to the annual report.

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