Do the maths, before you guess
What may you lawfully add to the claim? How much interest has accrued? Is it about to become time-barred? And what does your payment time cost in tied-up capital?
Four figures that decide the case
Three of them belong to the single claim — what may be added, what has accrued, and how long you have left. The fourth belongs to the portfolio: what your payment time ties up.
- DKK 100 per reminder
Reminder fees and costs
Reminder fee, compensation fee and collection costs on one specific claim.
- + 8 pct. points
Default interest
The interest from due date to today — calculated on the principal, as it should be.
- 3 years / 10 years
Limitation
When the limitation period expires on your claim — and what it takes to interrupt it before it does.
- Tied-up capital
DSO and tied-up capital
DSO, the gap to your payment terms — and what it ties up in working capital.
- Across the portfolio
What late payment costs
The interest expense and the tied-up liquidity when customers pay late — across the whole portfolio.
- § 93 · 95 · 97 · 98
The bankruptcy queue
The rank under the Danish Bankruptcy Act, s. 93 to s. 98 — and what stands ahead of you in the queue.
The figures the calculators use
These rates are statutory ceilings, not guide prices. They live in one place in the code, so the four calculators cannot end up working from different numbers.
- 100DKK
- Reminder fee per reminder
- Danish Interest Act, s. 9 b
- 3
- Reminders carrying a fee, per claim
- Danish Interest Act, s. 9 b
- 10days
- Minimum between two chargeable reminders
- Danish Interest Act, s. 9 b
- 310DKK
- Compensation fee — between businesses only
- Danish Interest Act, s. 9 a
- + 8pct. points
- Default interest on top of the central bank lending rate
- Danish Interest Act, s. 5
- 10days
- Formal demand period before the case may be handed over
- Danish Debt Collection Act, s. 10
- 3years
- Limitation — ordinary claim
- Danish Limitation Act, s. 3
- 10years
- Limitation — judgment, court settlement or promissory note
- Danish Limitation Act, s. 5
It all hangs together
The glossary explains the term, the template hands you the letter, and the articles tell you what to do — and what it costs to do nothing. The three point to one another, so you need not search anywhere else.
- What do I do — and what does it cost?
Knowledge
Guides that set out the order of things. Analyses that put a price on it. And the law behind both.
28 publications - Give me the letter.
Templates
Reminders, formal demands, settlements and promissory notes — ready to copy and send.
18 templates - What does the term mean?
The debt collection glossary
Rates, deadlines and statutory provisions — looked up, so you can get on with it.
180 terms