Forsvaret (Danish Defence) Due Diligence

Run due diligence on Forsvaret (Danish Defence): check compliance and get alerts when suppliers or ownership change.

Denmark · owned by Danish Ministry of Defence (Forsvarsministeriet) (Denmark) · mil.dk · 18 vendors

Forsvaret (Danish Defence) is the armed forces of the Kingdom of Denmark, responsible for the defence and security of Denmark and its territories. It operates under the Danish Ministry of Defence and encompasses the Army, Navy, Air Force, and Home Guard. Its official web presence is hosted at mil.dk.

Resilience scores

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Insights

Last updated 2026-09-15 · revision 27

18 direct vendors, 219 subvendors

Direct vendors by controlling owner country (sample)

Subvendors by controlling owner country (sample)

Compliance

9 in-scope frameworks identified; showing 3.

EU Common Position on Arms Exports — Evidence found

As an EU member state, Denmark is bound by Common Position 2008/944/CFSP, which sets common rules governing the control of exports of military technology and equipment. Forsvaret is involved in the lifecycle of this equipment.

Evidence: https://old.thearmstradetreaty.org/hyper-images/file/5_Denmark%20General%20Debate%20Statement%20(Arms%20Trade%20Treaty)/5_Denmark%20General%20Debate%20Statement%20(Arms%20Trade%20Treaty).pdf, https://ezine.eversheds-sutherland.com/global-sanctions-guide/denmark, https://www.hortendahl.dk/en/practice-areas/defence-export-control-and-sanctions/, https://blanquernafcri.com/web/genocidearmsliability/denmark/, https://policycommons.net/artifacts/1335570/eu-rules-on-control-of-arms-exports/, https://www.forumarmstrade.org/blog/the-2024-review-of-the-eu-common-position-on-arms-exports-an-opportunity-for-stronger-cooperation-on-post-shipment-controls

GDPR (source) — Evidence found

Forsvaret is a public authority established in Denmark (EU) and processes personal data of employees, conscripts, and other individuals, making it subject to the General Data Protection Regulation.

Evidence: https://www.forsvaret.dk/da/service/databeskyttelse/, https://www.forsvaret.dk/da/organisation/personelkommandoen/servicemappe/privatlivspolitik/, https://www.fak.dk/da/servicemappe/privatlivspolitik/, https://www.fmi.dk/da/servicemappe/privatlivspolitik-og-databeskyttelse/

BWC — Evidence found

Denmark is a state party to the Biological Weapons Convention, having ratified it in 1973. Forsvaret is therefore bound by its prohibitions and is a key component of the national biodefence and biosecurity posture.

Evidence: https://bwc-cbm.un.org/state/dnk, https://www.nti.org/education-center/treaties-and-regimes/convention-prohibition-development-production-and-stockpiling-bacteriological-biological-and-toxin-weapons-btwc/, https://bwcimplementation.org/states/denmark, https://www.biosecurity.dk/international-cooperation, https://um.dk/fngeneve/en/disarmament/, https://www.armscontrol.org/factsheets/biological-weapons-convention-bwc-glance-0

Financials

Three-year financials

Financial Resilience Score: 9/10

Forsvaret enjoys exceptionally strong financial resilience as a Danish state entity backed by guaranteed multi-year appropriations. The 2024-2033 Defence Agreement provides DKK 194.7 billion, with a total secured framework of DKK 357.5 billion including the Acceleration Fund and the October 2025 supplement. This funding is politically insulated by broad parliamentary support and financed through reserves and fiscal space in the proposed 2026 Finance Act. Equity grew 15.3% to DKK 63.5 billion in 2024, reflecting substantial capital injections and asset build-up. Execution discipline is strong, with only a DKK 147.2 million under-spend against a DKK 42+ billion budget in 2024. However, key risks include a DKK 6.3 billion provision for PTSD/INTOPS work-related injuries with ~100 new claims expected annually, PFAS environmental remediation liabilities, F-35 TR-3 delivery delays, and USD 1,026 million in foreign exchange forward exposure for F-35 and other procurement. Denmark's defense spending reached ~3% of GDP in 2025, with NATO's new 3.5% core-defense target creating additional forward pressure.

Key strengths: Guaranteed multi-year state funding of DKK 357.5B secured framework, Equity grew 15.3% YoY to DKK 63.5B in 2024, Broad political support insulating funding from political turnover, Disciplined execution with only DKK 147.2M under-spend on DKK 42B budget, DKK 120B Acceleration Fund plus DKK 42.7B October 2025 supplement, Defense spending reached ~3% of GDP in 2025

Risk factors: DKK 6.3B provision for PTSD/INTOPS work-related injuries, PFAS environmental remediation liabilities with no domestic disposal capacity, F-35 TR-3 delivery delays affecting programme execution, USD 1,026M foreign exchange forward exposure for 2025-2027 deliveries, Workforce and industrial-capacity constraints given historic build-up pace, 119 pending PTSD claims plus ~100 new claims expected annually

Revenue by geography

Revenue by product/service

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