It's now time for final settlement of fixed cost compensation between July 9, 2020 and February 28, 2022

The Danish Business Authority has opened for you to submit documentation now. So if you are one of the many companies that have received compensation for fixed costs during Covid-19, the time is approaching for final settlement for the period July 9, 2020 to February 28, 2022.

You must report to the final settlement for the actuals. The actuals are the figures that the Danish Business Authority uses to calculate the final compensation amount.

Your company applied based on what you expected to happen during Covid-19. The final settlement - and the facts - are what actually happened, which means you either need to be paid additional money or repay an amount.

Final settlement of compensation

Your company must send one single report containing the final settlement for all periods between July 9, 2020 and February 28, 2022 where the company has received compensation for fixed costs. In addition, you must report information about any group relationships and other state aid received.

What you need:

  • Balance sheet for the company's actual revenue, date delimited to each of the compensation periods to be finalized
  • Account specifications for the company's revenue accounts date delimited to each of the periods to be finalized
  • In some cases, a statement of the company's performance during the compensation period
  • Information om eventuelle koncernforbindelser

The company will subsequently receive a final statement in the company's digital mailbox, which will state whether the correct compensation has been received, must be repaid or whether the company is entitled to further compensation.

Final settlement step by step

You can find a step-by-step guide on how to report to the final settlement for fixed cost compensation at virk.dk