Annual report publications
KPMG in Denmark is one of the fastest-growing professional services companies in Denmark. With more than 700 employees and partners across our main office in Copenhagen and our regional presence in Fredericia, Aarhus and Aalborg, we help our customers ignite their potential. By combining our global vision with comprehensive local knowledge, we create long-term value with a responsible use of technology with a human touch.
Over the last seven years, KPMG has delivered strong financial results year after year, and we take this as clear proof that our customers find value in the services we provide for them.
On this page you will find the annual reports of recent years, where you will be able to learn more about how KPMG has fared in Denmark during the last years.
Mia Duelund
Head of Markets & Communication - Central Services
KPMG in Denmark
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2023
FY23 was a year filled with contrasts and unprecedented events. Despite this, KPMG in Denmark achieved a total revenue growth of 9% across Advisory, Audit and Tax. Overall, total revenue increased from DKK 1,365 million in 2021/22 to DKK 1,486 million in 2022/23. Much like many Danish businesses, we have been anticipating and preparing for a potential slowdown on growth and we continue to focus on ensuring sustainable and responsible development.
2022
For the ninth consecutive year, KPMG in Denmark has delivered strong double-digit growth of 23% across Audit, Advisory and Tax. This means that the professional services firm increased its overall revenues from 1,112 million DKK in FY21 to 1,365 million DKK in FY22 – this made us the fastest growing professional services firm in Denmark. We experienced organic growth across all business areas with Advisory accounting for 28%, Audit 11% and Tax 25%.
2021
For the eight consecutive year, KPMG in Denmark has delivered strong double-digit growth of 10% across Audit, Advisory and Tax. We thus increased our overall revenues from 1,010 million DKK in 2020 to 1,112 million DKK in 2021. The growth was present across all business areas with Audit accounting for 10%, Advisory 5% and Tax 18%,
2020
For the seventh consecutive year, KPMG in Denmark delivered strong double-digit growth of 22% across Audit, Advisory and Tax. The professional services firm thus reached one billion in revenue as overall revenues increased from 829m DKK in 2019 to 1,010 million DKK in 2020. KPMG experienced growth across all business areas and reached growth rates of 9% in Audit, 25% in Advisory and 27 in Tax.
2019
For the sixth year in a row, KPMG in Denmark delivered a strong double digit growth rate hitting 19% across Audit, Advisory and Tax. Overall revenue increased from DKK 697 million in 2018 to DKK 829 million in 2019. KPMG experienced growth across all business areas reaching growth rates of 17% in Audit, 12% in Advisory and 32% in Tax.
2018
2018 was yet another strong year for KPMG in Denmark with a total revenue growth of 21.2% across Audit, Advisory and Tax. KPMG maintains its leading position as the fastest growing professional services firm in Denmark among the Big Four based on organic growth.
2017
KPMG continued the successful journey in 2017 with overall growth of 17% across Audit, Advisory and Tax. KPMG achieved profitable growth in all business areas in accordance with strategy and projections reaching growth rates of 7% in Audit, 21% in Advisory and 24% within Tax.
2016
In less than three years, KPMG in Denmark has achieved an ambitious milestone by attracting approximately 500 skilled employees and reaching an annual revenue in the range of DKK 500 million across audit, advisory and tax.
