forretningsomsætning
Forretningsomsætning, commonly referred to in Danish as "virksomhedens omsætning" or "forretningsomsætning", denotes the total monetary value of goods and services sold by a business over a specified period, usually a fiscal year. The term is equivalent to English revenue or turnover and is distinct from profit, which accounts for costs and expenses deducted from revenue.
This figure is derived by summing all sales receipts, including cash, credit, and other forms of payment,
Forretningsomsætning serves several analytical purposes. It allows investors, creditors, and management to assess market share, growth
In Danish corporate law and the Danish Financial Statements Act (Bekendtgørelse af årsregnskabsloven), companies are required