Summary
If you make 121,500 kr a year living in the region of Aarhus, Denmark, you will be taxed 38,941 kr. That means that your net pay will be 82,559 kr per year, or 6,880 kr per month. Your average tax rate is 32.1% and your marginal tax rate is 31.7%. This marginal tax rate means that your immediate additional income will be taxed at this rate. For instance, an increase of 100 kr in your salary will be taxed 31.68 kr, hence, your net pay will only increase by 68.32 kr.
Bonus Example
A 1,000 kr bonus will generate an extra 683 kr of net incomes. A 5,000 kr bonus will generate an extra 3,416 kr of net incomes.