Debt Collections Handbook Denmark 2017

Debt Collection Reports

  • Denmark
  • Agriculture,
  • Automotive/Transport,

5th July 2017

Having drawn from the expertise of the Atradius Collections' local offices, the International Debt Collections Handbook explains the different stages, regulations and procedures for Denmark.

Amicable phase



Handbook Report Page - Amicable Phase


Atradius Collections Denmark maintains a professional collection process, focusing on the relationship between client and debtor at all times. Our team of collection specialists carry out the collection process in-house, contacting both verbally and in writing whilst adhering to all appropriate laws and legal requirements. When there is a dispute, we aim to reach an amicable solution between creditor and debtor. We do this by analysing all contractual documents (e.g. signed contracts, orders, confirmations, invoices and delivery notes, as well as standard terms previously agreed upon). All investigations are completed with the assistance and agreement of our legal team.


Atradius Collections Denmark always charges interest to debtors according to the Act of Consolidated Law on Interest on Overdue Payment 743 of 4 September 2002.

There are two alternatives:

  • To calculate the interest rate as agreed between creditor and debtor
  • To calculate the interest rate according to Danish regulation, based on the reference rate fixed by the National Bank of Denmark (plus 8% per year). This rate is fixed twice a year on 1 January and 1 July.

The second rule will always occur if the interest rate is not agreed between the creditor and the debtor.

From a cultural point of view, Danish debtors are used to paying late payment interest fees.


In Denmark, debt collection costs are chargeable to debtors representing the client’s claim for late payment based on the Act of Consolidated Law Extrajudicial Collection Costs 601 of 12 July 2002. From a cultural point of view, Danish debtors are used to paying debt collection costs. Atradius Collections Denmark either passes all recovered debt collection costs to our client to reduce the claim or adds them to the success fees, depending on the contractual agreement between the client and Atradius Collections.

The Debt Collections Handbook presents a snapshot of Denmark's local economic situation and covers the following topics:

  • Accepted and most common payment methods
  • Types of companies
  • Legal procedures
  • Enforcement in debt, movable and immovable goods
  • Insolvency Procedures
  • Acknowledgement of debt

To read more about steps and procedures undertaken in the field of debt collection:

Download Debt Collections Handbook Denmark now!



The statements made herein are provided solely for general informational purposes and should not be relied upon for any purpose. Please refer to the actual policy or the relevant product or services agreement for the governing terms. Nothing herein should be construed to create any right, obligation, advice or responsibility on the part of Atradius, including any obligation to conduct due diligence of buyers or on your behalf. If Atradius does conduct due diligence on any buyer it is for its own underwriting purposes and not for the benefit of the insured or any other person. Additionally, in no event shall Atradius and its related, affiliated and subsidiary companies be liable for any direct, indirect, special, incidental, or consequential damages arising out of the use of the statements made information herein.