Denmark
Employees
0
-
Third-party revenues
$0
-
Related-party revenues
$0
-
Total revenues
$0
-
Profit before tax
$(40,974)
-
Corporate income tax paid
$0
-
Corporate income tax accrued
$0
-
Stated capital
$121,730,550
-
Accumulated earnings
$(544,422,492)
-
Tangible assets
$0
-
Other payments to governments
–
Shell's footprint
Shell has been active in Denmark since 1913. In 2022, Shell EP Holdingselskab Danmark ApS transferred its 100% shareholding in Shell Egypt N.V. to another Shell entity. The company has no other activities and was liquidated in 2023. Also in 2022, we signed an agreement to acquire 100% of the shares in Nature Energy Biogas A/S, Europe's largest producer of renewable natural gas from biomass, for around $2 billion. The acquisition was completed in February 2023.
Country financial analysis
The statutory corporate income tax rate in Denmark is 22%. No tax was accrued or paid during 2022 as no profits were generated.