Danish Deal Support
Årsregnskabsloven reporting, Erhvervsstyrelsen filings and the e-conomic / Dinero ledger stack — read in their native format.
Discuss a deal Engagement modelsReporting basis
Årsregnskabsloven (the Danish Financial Statements Act), which sets reporting class A–D requirements by company size; IFRS for listed groups.
We bridge reported local-GAAP figures onto the basis the buyer is underwriting, and show the bridge rather than presenting a restated number without workings.
Ledger data and what we ask for
Starting from the export the target's system already produces means less reconstruction and more analysis.
Reporting classes
Danish companies report under classes A to D depending on size. The class determines disclosure depth — and how much a buyer can learn from filed accounts before diligence starts.
Ledger systems
e-conomic and Dinero lead the SME segment; Visma and Microsoft Dynamics appear in mid-market and above.
What we ask for
A full general ledger export plus the filed årsrapport, so we can reconcile statutory presentation to management reporting from the outset.
Statutory filing
Årsrapport filed with Erhvervsstyrelsen.
We reconcile filed statutory accounts to management reporting early in the engagement, because that is reliably where a buyer's first substantive questions land.
Practical notes
- Reporting class materially affects what is disclosed — a class B filing tells a buyer far less than a class C, so more of the work moves into diligence.
- Danish filings are publicly accessible, which supports a useful pre-diligence read before data room access.
- CET working hours give full overlap with the Danish business day.
What we do on a mandate here
Financial due diligence
Quality of earnings, add-backs and revenue quality, bridged onto the buyer's basis.
Databooks
Built from the native ledger export so schedules tie to source.
Working capital
Peg analysis including the FX layer where local currency meets EUR or USD underwriting.
Vendor assistance
Sell-side packs with statutory-to-management reconciliation prepared in advance.
Denmark deal in progress?
Send the ledger export or the data room index. We will confirm scope and timing within one business day.
Book a consult Get the data-request listOr email abhishek.bhandari@zionadvisor.com directly.