Revenue at Tesla’s subsidiary in Denmark plunged last year to 5.3 billion kroner from 8.1 billion.Challenges are gradually piling up for the American electric car manufacturer Tesla, which has recently seen sales plunge in the European market.This also applies to the Danish subsidiary, Tesla Motors Denmark ApS.The Danish company’s revenue fell last year to 5.3 billion kroner, which is 2.8 billion kroner less than the year before, when revenue was 8.1 billion kroner.This is shown in the company’s annual report for 2024, according to Børsen.At this time, the company does not expect to reverse the trend this year. Tesla itself…
Author: Denmark Review
The fact that the decade ‘sixties’ can be spelled in two ways means that students get higher grades on the final exam.A number of students got fewer correct answers on their 9th grade final exam in Danish than they should have.This is what the trade magazine Folkeskolen writes.The spelling of the decade ‘sixties’ was allegedly the cause of the problems.According to the trade journal, several students had written ’60s’, which is also an approved spelling according to the Spelling Dictionary.But the computer system did not accept it, registering the spelling as an error.For some students, this has meant that they…
A jury in the Court in Nykøbing Falster must decide whether a local man raped and attempted to kill a girl.More than 25 years after a brutal assault on a girl in Bøtø on Falster, charges have been brought against a 57-year-old man.The prosecution announced this on Friday.The indictment concerns a crime that took place on Bøtø Strand on August 4, 1999.A then 11-year-old girl was raped, and the prosecution believes that the defendant also tried to kill the girl.It is DNA traces and new possibilities for so-called family tracing that are the reason why the case is coming to…
Copenhagen Police have filed charges against a 22-year-old man who allegedly participated in planning five murders.A man has been charged with five counts of recruiting mainly Swedish teenagers to commit murders in Denmark in exchange for payment, Copenhagen Police announced on Friday.Some of the young people who traveled by plane or train to Denmark last spring and summer were only 15 and 16 years old.The accused organizer is 22 years old and has been in custody for several months. Now the prosecution has decided to bring a case against him in court.In all five cases, he is accused of recruiting…
Trump’s tariff war is creating inflation in the US and deflation in Europe and Denmark. This opens the way for even lower interest rates ahead.On Thursday this week, the European Central Bank (ECB), as expected, cut its key interest rate by 0.25 percentage points to 2.0 percent. With the cut, which was the eighth in a row, the ECB has halved the rate since it peaked at 4 percent last summer.A few hours later, the Nationalbank followed suit and lowered its leading interest rate, the certificate of deposit rate, by also 0.25 percentage points, so that it is now down…
For the fourth year in a row, BonBon-Land has generated a million-dollar profit. Management expects increasing earnings this year.More visits have contributed to the BonBon-Land amusement park doubling its earnings in 2024.During the year, BonBon-Land earned 2.3 million kroner, while earnings the previous year were 1.1 million kroner.This is evident from the amusement park’s financial statements, which were published on Friday.BonBon-Land does not disclose its revenue in its financial statements, but the management report states that it has also been increasing.This is due to more guests and has contributed to the operating profit being higher than expected, it says.Management expects…
There are fewer polluting wood-burning stoves in Danish homes, but they are still found in large numbers, a study shows.Every fifth Danish home has a wood-burning stove. This is shown by figures from Statistics Denmark, which are based on a representative questionnaire survey.The survey, conducted in 2023, is based on 19,000 representative responses and shows that there are around 675,000 wood-burning stoves, fireplaces or similar nationwide – of which 538,000 are in year-round homes and 137,000 are in unoccupied holiday homes.However, the number of wood-burning stoves has decreased from 775,000 to 675,000 since the previous census in 2021.And back in…
The code word for Constitution Day was armament. It could hardly be anything else.When the SVM government was formed, one of the big, more human stories was the story of Prime Minister Mette Frederiksen (S) and Minister of Defense Troels Lund Poulsen (V), who was then Minister of Economy. They were elected to the Folketing at the same time, in 2001, but had never really spoken to each other.Instead, from their respective political and ideological platforms, they had developed a viable political hatred for each other and what they stood for. That changed, as we know, and today both parties…
Has a connection also been proven between ultra-processed food and our mental health?Anonymous: There is a lot being written about ultra-processed food and its negative impact on the intestinal system and health in general, but has there also been a proven connection between ultra-processed food and our mental health?Bente Klarlund Pedersen: If you consume large amounts of ultra-processed food, it affects appetite regulation, so you don’t feel full. If you look at the energy intake, measured in kcal per minute, it is significantly higher for ultra-processed food. This leads to an increased risk of severe obesity and thus type 2…
Danmarks Nationalbank follows the ECB and lowers interest ratesAs expected, the National Bank follows the European Central Bank (ECB) and lowers its interest rates by 0.25 percentage points.This is stated by the Nationalbank in a press release.This means that the leading interest rate – the certificate of deposit rate – is now 1.60 percent, while the lending rate is 1.75 percent.The certificate of deposit interest rate determines how much interest mortgage and banking institutions receive by purchasing certificates of deposit from Danmarks Nationalbank.This can therefore also have an impact on the interest rate that customers at the various institutions can…