An Aktieselskab (abbreviated A/S) is the Danish name for a stock-based corporation. An Aktieselskab can be both publicly traded and private. Liability The shareholders of an Aktieselskab are not liable for the debt of the company. This can be used to protect the assets of the company against creditors by making a group of companies. If an A/S is owned by a holding company (typically another A/S) the profit from the production company can be transferred to the holding company. Since there's no l… (More on Aktieselskab)