What is a resultatopgørelse (income statement)?

In short

The income statement shows the business's income minus costs over a period — and thus whether there's a profit or a loss.

In practice

Together with the balance sheet it forms the core of the annual report. Day to day, you use it to see whether the business actually makes money.

Related terms

• Omsætning (revenue)
• Balance (balance sheet)
• See every term in the dictionary

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