Modest growth in business numbers, concentrated market shares: Denmark's accounting & auditing industry in 2023

According to expert forecasts, the size of the accounting and auditing industry in Denmark in 2023 will be €2.3 billion. Interestingly, however, the industry has hardly grown over the past five years, as according to the data collected, its market size declined by an average of 2.8% per year between 2018 and 2023.

Denmark's accounting and auditing industry is projected to employ about 15,567 people in 2023. On average, each business in the industry has 3.3 employees. In terms of employment growth, the average business in Accounting & Auditing in Denmark has hired more employees over the past five years, so it can be said that employment of accountants in Denmark is doing well.

As of 2023, there are as many as 4,768 companies in the Accounting & Auditing industry in Denmark. The number of companies in this industry has grown by an average of 0.5% each year since 2018. Market share in the Accounting & Auditing industry in Denmark is highly concentrated, with no company holding more than 5% market share.