Danish Crown Group
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Danish Crown Group
Danish Crown is an internationally oriented Danish food company with butchery operations, processing and sales of primarily pork and beef. Through a number of subsidiaries, the group is widely represented within the food industry with various food products. The CEO is Jais Valeur and the headquarters are located in Randers. The Danish Crown group is owned by 5,620 Danish farmers, and annually the group is part of 49 billion meals for consumers worldwide. The group has a turnover of approximately DKK 60 billion kroner and employs approximately 26,600 employees across 89 production sites, 40 warehouses and 38 offices across 30 countries. The group is the world's largest pork exporter and Europe's largest producer of pork. The Danish Crown group is also Europe's largest meat processing company. In the financial year 2020–21, Danish Crown's exports amounted to DKK 24 billion kroner. This corresponds to approximately 20% of Danish food exports and approximately 3% of Danish me ...
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Aktieselskab
(; abbr.: A/S or a/s, ; ) is the Danish name for a stock-based corporation. An ''aktieselskab'' may be either publicly traded or private. Liability The shareholders of an ''aktieselskab'' are not liable for the debts of the company. If an A/S is owned by a holding company (typically another A/S or ApS), the profit from the production company can be transferred to the holding company and the two will be taxed as if they were one entity (''sambeskatning''; joint taxation). Both an ''aktieselskab'' (A/S) and an ''anpartselskab'' (ApS) are by definition, limited liability companies; the main difference being that only the A/S issues stock. In case of bankruptcy, creditors are not able to pursue claims towards investors who have not personally provided security. Professional credit lenders such as banks will consequently demand security for credit lend to the A/S or ApS since securitized debt are given legal preference compared to unsecured debts. In case of bankruptcy, if ...
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