• Unincorporated business
• Single owner
• Owner responsible for debts

• Two or more owners
• Shares income and losses

• Limited liability
• Owned by shareholders

• Minimum capital of DKK 500,000
• Liability limited to company capital

• Danish Central Business Register
• Danish Business Authority
• Specialized Danish databases

Primary source: Danish Central Business Register (CVR)

Additional resources:

• Danish Business Authority: Offers company information and annual reports
• Proff.dk: Provides financial information and credit ratings for Danish companies
• Bisnode Denmark: Offers comprehensive business information and risk assessment specific to Danish market

• Financial information
• Danish credit reporting agencies

Financial information is available through the Danish Central Business Register and specialized credit agencies.

Recommended Danish credit check services:

• Experian Denmark: Offers detailed credit reports and risk scores for Danish businesses
• Dun & Bradstreet Denmark: Provides comprehensive business credit reports and monitoring for Danish companies
• Creditsafe Denmark: Offers real-time credit reports and monitoring services for Danish businesses

• Danish court records
• Official Danish publications

For comprehensive judgment searches in Denmark, consider the following resources:

• Domstol.dk: Official Danish court system website, offers access to some public court records
• Statstidende: Official Danish gazette, publishes legal notices including some judgments
• Retsinformation.dk: Official legal information system of Denmark, includes some court decisions

Note: Comprehensive judgment information may require direct contact with individual Danish courts or legal professionals specializing in Danish law.

• Copies of contracts, invoices, and clear statements of account
• Complete contractual documentation for lawsuits
• Documentation of all trading relationships
• Notes and conversations between parties
• Witnesses and reports for verbal negotiations

• Ensure all relevant documentation is maintained
• Prepare complete documentation for potential legal disputes

• Contracts, orders, confirmations
• Delivery notes and invoices
• Proof of all aspects of trading relationships
• Verbal agreements supported by reports and witnesses

When included in trade contracts, retention of title allows the seller to retain ownership over the goods supplied until certain contractually defined conditions are met, therefore providing the seller with a form of security against the buyer's default or insolvency. However, retention of title clauses are seldom utilised in Denmark.

• Creditor name and overview of the claim
• Total claim amount, including penalties (interest)
• Required payment method
• Warning that the claim will be enforced through the enforcement authority if not settled by the required date
• Information on how to dispute the claim

Interest of 8.2% (as of July 2014) is charged on late payments if no agreement exists between the parties. Interest accrues from the time proceedings commenced.

The standard limitation period is three years from the breach of contract and this applies to both contractual claims and claims in tort. The only exception to this would be a creditor's unawareness of settled, overdue debt values.

• Act within three years for most claims
• Check for specific exceptions
• Be aware of methods to halt limitation periods

Ten years under the Danish Limitation Act (Act 522/2007 on Limitation of Claims) for:

• Salary demands
• Some claims based on a specific legal basis (such as an overdraft on a bank account)
• Claims under financial loans
• Claims under deposits
• Claims against guarantors whose guarantee was accepted for loans

• One to two years under Maritime Law, depending on the nature of the claim
• One year under the Convention on the Contract for the International Carriage of Goods by Road (CMR)

Limitation periods may be halted through:

• Filing of a statement of claim
• Commencement of arbitration proceedings
• An alternative agreement by the involved parties

• Supreme Court
• High Courts
• Specialized Courts
• District Courts
• Additional Bodies

• The Supreme Court (Højesteret): civil and criminal appellate court
• High Courts: Western Denmark (Vestre Landsret) and Eastern Denmark (Østre Landsret)
• Specialized: Copenhagen Maritime and Commercial Court, Land Registration Court
• 24 district courts (Byretten)
• Additional bodies: Appeals Permission Board, Special Court of Indictment and Revision, Judicial Appointments Council, Court Administration

• Hierarchical court system with specialized courts
• Cases typically start in District Court
• High Courts and specialized courts for complex or specific cases

• District Court as default
• Exceptions for complex cases
• Specialized court option

Cases are brought before the District Court (Byretten) irrespective of the size of the case. However, some cases may begin with the high courts subject to importance. Cases may also be brought to the Maritime and Commercial Court if expertise is required.

• Most cases start in District Court
• Complex cases may start in High Courts
• Specialized courts available for specific expertise

• Public hearings
• Writ of summons
• Court fees
• Defense period

Court hearings are generally public unless there's a compelling reason for privacy. Proceedings begin with a writ of summons stating the claim, dispute details, legal arguments, and request for form of proceedings. Court fees are based on claim value, with additional fees at the final hearing. A judicial officer serves the writ to the debtor, who has two weeks to submit a defense.

• Public hearings unless private hearing is justified
• Writ of summons initiates proceedings
• Court fees based on claim value
• Two-week defense period for debtor

• Not mandatory
• Recommended for complex cases

Legal representation is not mandatory in Danish courts. However, it is recommended, especially for complex cases or when significant amounts are at stake.

• Legal representation optional but recommended
• Consider complexity and value of case when deciding

• Duration varies
• Court fees
• Lawyers' fees

Court procedures may take up to 12 months or longer, depending on case complexity. Court fees are determined by the claim value and are charged upon submission of the writ, with additional fees at the final hearing. Lawyers' fees and other costs depend on the claim amount and type of proceedings.

• Expect proceedings to last up to 12 months or more
• Budget for court fees and potential legal costs
• Consider potential cost allocation based on case outcome

Enforcement proceedings are handled by a bailiff's court and can only take place with a judgment or a written acknowledgement of the debt. The bailiff verifies the debtor's assets and may establish a payment plan.

The cost of enforcement depends on the size of the debt and includes a base fee of DKK 300 plus 0.5% of the amount above DKK 3,000, along with lawyers' fees. The process may take six to twelve months.

Insolvency proceedings aim to settle the debts of creditors equally through the liquidation of the assets of the debtor company, or through collection of any income of any bankrupt sole traders.

There are four insolvency proceedings in Denmark:

• Enforced dissolution
• Reconstruction
• Bankruptcy
• Debt restructuring (personal liability)

• Be aware of the four types of insolvency proceedings in Denmark
• Act quickly to file claims once proceedings begin
• Prepare to provide evidence to justify disputed claims
• Understand that retention of title claims may be settled for original price
• Be prepared for the possibility of insufficient assets for full repayment
• Consider seeking legal advice to navigate the complex insolvency process

After an insolvency filing, the preliminary liquidator is appointed to check whether there are sufficient assets to cover the costs of court proceedings. If so, the insolvency proceedings begin, and a liquidator will be appointed; usually this is the preliminary liquidator.

Otherwise, the court will reject the declaration of bankruptcy due to insufficient assets. At this point, creditors may lodge their claims and reclaim any assets protected under retention of title clauses. In some cases, the liquidator may opt to settle the original price to creditors rather than returning the product.

Once proceedings begin, a deadline is provided by which all claims must be submitted. Any claims disputed by the liquidator must be pursued in court by a creditor whereby extra evidence may be required to justify the claim.

At the end of the proceedings, all creditors with confirmed debts receive a dividend assuming a sufficient pool of assets within the estate. However, in most cases, there is not a sufficient value to be paid out.