A person working as a Bookkeeper in Denmark typically earns around 18,500 DKK per month. Salaries range from 9,430 DKK (lowest) to 28,500 DKK (highest).
This is the average monthly salary including housing, transport, and other benefits. Bookkeeper salaries vary drastically based on experience, skills, gender, or location. Below you will find a detailed breakdown based on many different criteria.
Bookkeeper salaries in Denmark range from 9,430 DKK per month (minimum salary) to 28,500 DKK per month (maximum salary).
The median salary is 18,100 DKK per month, which means that half (50%) of people working as Bookkeeper(s) are earning less than 18,100 DKK while the other half are earning more than 18,100 DKK. The median represents the middle salary value. Generally speaking, you would want to be on the right side of the graph with the group earning more than the median salary.
Closely related to the median are two values: the 25th and the 75th percentiles. Reading from the salary distribution diagram, 25% of Bookkeeper(s) are earning less than 12,400 DKK while 75% of them are earning more than 12,400 DKK. Also from the diagram, 75% of Bookkeeper(s) are earning less than 22,800 DKK while 25% are earning more than 22,800 DKK.
Both are indicators. If your salary is higher than both of the average and the median then you are doing very well. If your salary is lower than both, then many people are earning more than you and there is plenty of room for improvement. If your wage is between the average and the median, then things can be a bit complicated. We wrote a guide to explain all about the different scenarios. How to compare your salary
The experience level is the most important factor in determining the salary. Naturally the more years of experience the higher your wage. We broke down Bookkeeper salaries by experience level and this is what we found.
A Bookkeeper with less than two years of experience makes approximately 10,600 DKK per month.
While someone with an experience level between two and five years is expected to earn 13,800 DKK per month, 31% more than someone with less than two year's experience.
Moving forward, an experience level between five and ten years lands a salary of 19,300 DKK per month, 40% more than someone with two to five years of experience.
Additionally, Bookkeeper(s) whose expertise span anywhere between ten and fifteen years get a salary equivalent to 23,200 DKK per month, 20% more than someone with five to ten years of experience.
If the experience level is between fifteen and twenty years, then the expected wage is 25,200 DKK per month, 9% more than someone with ten to fifteen years of experience.
Lastly, employees with more than twenty years of professional experience get a salary of 27,200 DKK per month, 8% more than people with fifteen to twenty years of experience.
|0 - 2 Years|
|2 - 5 Years||+31%|
|5 - 10 Years||+40%|
|10 - 15 Years||+20%|
|15 - 20 Years||+9%|
We all know that higher education equals a bigger salary, but how much more money can a degree add to your income? We broke down Bookkeeper salaries by education level in order to make a comparison.
When the education level is High School, the average salary of a Bookkeeper is 12,100 DKK per month.
While someone with a Certificate or Diploma gets a salary of 17,800 DKK per month, 47% more than someone having a High School degree.
A Bachelor's Degree gets its holder an average salary of 27,300 DKK per month, 53% more than someone with a Certificate or Diploma.
|Certificate or Diploma||+47%|
Though gender should not have an effect on pay, in reality, it does. So who gets paid more: men or women? Male Bookkeeper employees in Denmark earn 4% more than their female counterparts on average.
Bookkeeper(s) in Denmark are likely to observe a salary increase of approximately 11% every 14 months. The national average annual increment for all professions combined is 9% granted to employees every 15 months.
The term 'Annual Salary Increase' usually refers to the increase in 12 calendar month period, but because it is rarely that people get their salaries reviewed exactly on the one year mark, it is more meaningful to know the frequency and the rate at the time of the increase.
The annual salary Increase in a calendar year (12 months) can be easily calculated as follows: Annual Salary Increase = Increase Rate x 12 ÷ Increase Frequency
Listed above are the average annual increase rates for each industry in Denmark for the year 2019. Companies within thriving industries tend to provide higher and more frequent raises. Exceptions do exist, but generally speaking, the situation of any company is closely related to the economic situation in the country or region. These figures tend to change frequently.
A Bookkeeper is considered to be a low bonus-based job due to the generally limited involvement in direct revenue generation, with exceptions of course. The people who get the highest bonuses are usually somehow involved in the revenue generation cycle.
71% of surveyed staff reported that they haven't received any bonuses or incentives in the previous year while 29% said that they received at least one form of monetary bonus.
Those who got bonuses reported rates ranging from 1% to 3% of their annual salary.
The most standard form of bonus where the employee is awarded based on their exceptional performance.Company Performance Bonuses
Occasionally, some companies like to celebrate excess earnings and profits with their staff collectively in the form of bonuses that are granted to everyone. The amount of the bonus will probably be different from person to person depending on their role within the organization.Goal-Based Bonuses
Granted upon achieving an important goal or milestone.Holiday / End of Year Bonuses
These types of bonuses are given without a reason and usually resemble an appreciation token.
People tend to confuse bonuses with commissions. A commission is a prefixed rate at which someone gets paid for items sold or deals completed while a bonus is in most cases arbitrary and unplanned.
The main two types of jobs
|Revenue Generators||Supporting Cast|
Employees that are directly involved in generating revenue or profit for the organization. Their field of expertise usually matches the type of business.
Employees that support and facilitate the work of revenue generators. Their expertise is usually different from that of the core business operations.
Revenue generators usually get more and higher bonuses, higher salaries, and more frequent salary increments. The reason is quite simple: it is easier to quantify your value to the company in monetary terms when you participate in revenue generation.
Top management personnel and senior employees naturally exhibit higher bonus rates and frequencies than juniors. This is very predictable due to the inherent responsibilities of being higher in the hierarchy. People in top positions can easily get double or triple bonus rates than employees down the pyramid.
The hourly wage is the salary paid in one worked hour. Usually jobs are classified into two categories: salaried jobs and hourly jobs. Salaried jobs pay a fix amount regardless of the hours worked. Hourly jobs pay per worked hour. To convert salary into hourly wage the above formula is used (assuming 5 working days in a week and 8 working hours per day which is the standard for most jobs). The hourly wage calculation may differ slightly depending on the worked hours per week and the annual vacation allowance. The figures mentioned above are good approximations and are considered to be the standard. One major difference between salaried employees and hourly paid employees is overtime eligibility. Salaried employees are usually exempt from overtime as opposed to hourly paid staff.
The average salary for Bookkeeper is 55% less than that of Accounting and Finance. Also, Accounting and Finance salaries are 2% more than those of All Jobs.
|Job Title||Average Salary|
|Account Examiner||21,100 DKK||+14%|
|Account Executive||37,300 DKK||+100%|
|Accounting Assistant||21,400 DKK||+16%|
|Accounting Associate||19,500 DKK||+5%|
|Accounting Clerk||17,100 DKK||-8%|
|Accounting Coordinator||25,400 DKK||+37%|
|Accounting Manager||60,500 DKK||+230%|
|Accounting Supervisor||38,000 DKK||+110%|
|Accounting Technician||20,200 DKK||+9%|
|Accounts Executive||37,700 DKK||+100%|
|Accounts Payable and Receivable Specialist||29,100 DKK||+57%|
|Accounts Payable Clerk||20,300 DKK||+10%|
|Accounts Payable Manager||57,100 DKK||+210%|
|Accounts Receivable Clerk||20,600 DKK||+11%|
|Accounts Receivable Manager||57,100 DKK||+210%|
|Assistant Accounting Manager||52,100 DKK||+180%|
|Assistant Auditor||28,600 DKK||+55%|
|Audit Supervisor||53,100 DKK||+190%|
|Auditing Clerk||22,900 DKK||+24%|
|Auditing Manager||56,600 DKK||+210%|
|Billing Coordinator||25,500 DKK||+38%|
|Billing Specialist||29,900 DKK||+62%|
|Billing Supervisor||44,800 DKK||+140%|
|Bookkeeping Specialist||27,500 DKK||+49%|
|Budget Analyst||46,300 DKK||+150%|
|Budget Manager||58,800 DKK||+220%|
|Business Support Analyst||32,200 DKK||+74%|
|Capital Markets Associate||44,600 DKK||+140%|
|Cash Flow Analyst||41,200 DKK||+120%|
|Cash Management Officer||31,900 DKK||+73%|
|Cashbook Clerk||19,900 DKK||+8%|
|Chartered Accountant||37,500 DKK||+100%|
|Collections Clerk||17,200 DKK||-7%|
|Collections Specialist||29,700 DKK||+61%|
|Corporate Treasurer||55,700 DKK||+200%|
|Cost Accountant||27,600 DKK||+49%|
|Cost Accounting Manager||55,500 DKK||+200%|
|Cost Analyst||47,200 DKK||+160%|
|Credit and Collection Manager||57,000 DKK||+210%|
|Credit and Collection Staff||21,200 DKK||+15%|
|Credit and Loans Officer||20,500 DKK||+11%|
|Credit Controller||39,200 DKK||+110%|
|Debt Adviser||46,700 DKK||+150%|
|Debt Collector||21,800 DKK||+18%|
|Debtors Clerk||19,000 DKK||+3%|
|Deputy CFO||79,400 DKK||+330%|
|Derivative Trader||47,300 DKK||+160%|
|Escrow Assistant||25,800 DKK||+40%|
|External Auditor||40,400 DKK||+120%|
|Finance Associate||23,500 DKK||+27%|
|Finance Executive||61,200 DKK||+230%|
|Finance Licensing Clerk||20,100 DKK||+9%|
|Finance Licensing Manager||56,400 DKK||+210%|
|Finance Licensing Specialist||30,700 DKK||+66%|
|Finance Officer||28,200 DKK||+53%|
|Finance President||82,100 DKK||+340%|
|Finance Relationship Manager||68,500 DKK||+270%|
|Finance Release Analyst||32,200 DKK||+74%|
|Finance Team Leader||63,400 DKK||+240%|
|Financial Actuary||41,600 DKK||+130%|
|Financial Administrator||45,300 DKK||+150%|
|Financial Analyst||51,200 DKK||+180%|
|Financial Applications Specialist||34,400 DKK||+86%|
|Financial Assistant||23,500 DKK||+27%|
|Financial Associate||22,300 DKK||+21%|
|Financial Claims Analyst||38,100 DKK||+110%|
|Financial Claims Manager||48,300 DKK||+160%|
|Financial Commercial Analyst||42,200 DKK||+130%|
|Financial Compliance Analyst||47,000 DKK||+150%|
|Financial Consultant||39,400 DKK||+110%|
|Financial Controller||44,500 DKK||+140%|
|Financial Coordinator||26,100 DKK||+41%|
|Financial Customer Service Manager||52,700 DKK||+190%|
|Financial Dealer and Broker||32,000 DKK||+73%|
|Financial Encoder||24,300 DKK||+31%|
|Financial Manager||75,200 DKK||+310%|
|Financial Operations Manager||71,600 DKK||+290%|
|Financial Policy Analyst||43,400 DKK||+130%|
|Financial Project Manager||57,600 DKK||+210%|
|Financial Quantitative Analyst||50,300 DKK||+170%|
|Financial Reporting Consultant||39,700 DKK||+110%|
|Financial Reporting Manager||53,600 DKK||+190%|
|Financial Services Sales Agent||29,600 DKK||+60%|
|Fixed Assets Administrator||29,200 DKK||+58%|
|Forensic Accountant||34,600 DKK||+87%|
|Fraud Detection Supervisor||34,100 DKK||+84%|
|Fraud Prevention Manager||59,800 DKK||+220%|
|Fund Accountant||26,900 DKK||+45%|
|Grants Coordinator||20,100 DKK||+9%|
|Internal Auditor||37,000 DKK||+100%|
|Internal Control Adviser||43,500 DKK||+140%|
|Internal Control Officer||25,500 DKK||+38%|
|Inventory Accountant||30,700 DKK||+66%|
|Investment Analyst||56,500 DKK||+210%|
|Investment Fund Manager||64,300 DKK||+250%|
|Investment Underwriter||23,500 DKK||+27%|
|Investor Relations Manager||54,200 DKK||+190%|
|KYC Team Leader||54,200 DKK||+190%|
|Management Economist||62,700 DKK||+240%|
|Payroll Clerk||25,000 DKK||+35%|
|Payroll Manager||50,400 DKK||+170%|
|Pensions Administrator||28,500 DKK||+54%|
|Pricing Analyst||45,700 DKK||+150%|
|Private Equity Analyst||52,300 DKK||+180%|
|Proposal Development Coordinator||23,900 DKK||+29%|
|Receivables Accountant||25,700 DKK||+39%|
|Regulatory Accountant||31,000 DKK||+68%|
|Retirement Plan Analyst||44,100 DKK||+140%|
|Revenue Management Specialist||48,600 DKK||+160%|
|Revenue Recognition Analyst||50,300 DKK||+170%|
|Risk Management Director||65,500 DKK||+250%|
|Risk Management Supervisor||57,100 DKK||+210%|
|Tax Accountant||27,700 DKK||+50%|
|Tax Advisor||45,000 DKK||+140%|
|Tax Associate||23,900 DKK||+29%|
|Tax Manager||56,600 DKK||+210%|
|Treasury Accountant||29,500 DKK||+60%|
|Treasury Analyst||48,700 DKK||+160%|
|Underwriting Assistant||19,500 DKK||+5%|
|Vice President of Finance||75,900 DKK||+310%|
Where can you get paid more, working for a private company or for the government? Public sector employees in Denmark earn 6% more than their private sector counterparts on average across all sectors.