Aalborg Portland A/S

Public limited companyCVR 36428112Aalborg ØstActive

Aalborg Portland A/S is a public limited company, based in Aalborg Øst, active in manufacture of cement, founded in 2014. Operations are spread over 11 production units in 11 towns. With 323 employees, the company is about 9 times larger than the industry median. 3 other companies in the database are registered at the same address.

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Key figures · financial year 2025

RevenueDKK 361.5m+1.6% vs. 2024
Net profitDKK 81.3m+2.2% vs. 2024
EquityDKK 244.8m+3.2% vs. 2024
Employees323latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Revenue rose 2% (2024 → 2025), to DKK 361.5m.
  • Net profit rose 2% (2024 → 2025), to DKK 81.3m.
  • Equity rose 3% (2024 → 2025), to DKK 244.8m.

Employees

  • 2 more employees than a year earlier: 323 (07/2026) against 321 (07/2025).

Management and owners, last 24 months

  • New in management: Kim Eli Madsen (board member, 12/01/2026), Kim Eli Madsen (deputy board member, 23/04/2025) and Ole Guldhammer Jacobsen (board member, 23/04/2025).
  • Stepped down: Kim Poulin Poulsen (deputy board member, 23/04/2025), Kim Eli Madsen (board member, 22/04/2025) and Ole Guldhammer Jacobsen (deputy board member, 22/04/2025) (+2).

Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.

Financial statements

Financial years 2016–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 50mDKK 100mDKK 150mDKK 200mDKK 250m2016201720182019202020212022202320242025
EquityNet profit
Financial figures for Aalborg Portland A/S
2016201720182019202020212022202320242025Change
Revenue232,389245,360244,791258,794268,806287,049374,005368,557355,716361,476+1.6%
Gross profit––––138,740128,391157,914174,657165,221163,891−0.8%
Operating profit (EBIT)––––80,28665,61585,450107,964103,534102,524−1%
Profit before tax67,89463,05559,35966,36778,62563,57882,452108,928101,556102,979+1.4%
Net profit53,26949,62546,53152,59161,61346,40365,74385,07579,52481,269+2.2%
Total assets354,566382,966367,267440,865495,045467,491538,034571,072614,797531,370−13.6%
Equity127,401176,80597,603150,210212,780198,582199,256239,988237,230244,780+3.2%
Liabilities227,165206,161269,664290,655282,265268,909338,778331,084377,567286,590−24.1%
Cash and cash equivalents5,9282906056042,0801,8688273,686873−76.3%

Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140mDKK 160mDKK 180m2016201720182019202020212022202320242025
Gross profitMedian, the industry (4 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five latest annual reports in a row.

The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.

Annual reports

10 financial years
Annual reports for Aalborg Portland A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202523/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202423/04/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202326/04/2024The companyPDF not statedXBRL
202201/01/2022 – 31/12/202225/04/2023The companyPDF not statedXBRL
202101/01/2021 – 31/12/202120/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202019/04/2021The companyPDFXBRL
201901/01/2019 – 31/12/201927/04/2020The companyPDFXBRL
201801/01/2018 – 31/12/201816/04/2019The companyPDFXBRL
201701/01/2017 – 31/12/201719/04/2018The companyPDFXBRL
201601/01/2016 – 31/12/201626/04/2017The companyPDFXBRL

The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.

Employees

monthly figures from CVR
05010015020025030035040008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

4 companies in the database

Comparison with the other companies in manufacture of cement based on the latest financial year.

Gross profitDKK 163.9mNo. 1 of 4
Better than 100% of the companies in the industry
EquityDKK 244.8mNo. 1 of 4
Better than 100% of the companies in the industry
Number of employees323No. 1 of 4
Better than 100% of the companies in the industry

Industry median: gross profit DKK 36m, net profit −DKK 549k, equity DKK 57.5m, 37 employees.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 200–499 employees796 companies in the comparison
No. 375of 763
Better than 51%
No. 233of 796
Better than 71%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 195of 33,588
Better than 99%
No. 346of 33,687
Better than 99%
All companies of type A/S18,025 companies in the comparison
No. 976of 17,786
Better than 95%
No. 1,236of 18,024
Better than 93%

The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.

Compare with the industry

Manufacture of cement
Gross profit
  1. Aalborg Portland A/SDKK 163.9m
  2. Bostik A/SDKK 58.9m
  3. Combimix ApSDKK 13.1m
Net profit
  1. Aalborg Portland A/SDKK 81.3m
  2. Bostik A/S−DKK 4m
  3. Combimix ApSDKK 3m
Equity
  1. Aalborg Portland A/SDKK 244.8m
  2. Bostik A/SDKK 87m
  3. Combimix ApSDKK 28.1m
Employees
  1. Aalborg Portland A/S323
  2. Bostik A/S66
  3. Combimix ApS9

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Aalborg Portland A/S

Management

7 active registrations

Executive management

Executive management at Aalborg Portland A/S
NameRoleAppointed
Søren Holm ChristensenCEO15/05/2018
Henrik JeppesenDirector03/10/2022

Board of directors

Board of directors at Aalborg Portland A/S
NameRoleAppointed
Ernst Aage JensenBoard member26/06/2015
Marco Maria BianconiDeputy chair01/01/2017
Bjarne Moltke HansenChair of the board13/04/2018
Søren Holm ChristensenBoard member15/05/2018
Kim Eli MadsenBoard member12/01/2026
Founders
Aalborg Portland Holding A/S
Former management (27)
Former management at Aalborg Portland A/S
NameRoleAppointedResigned
Henning BækBoard member07/11/201426/06/2015
Mette Line Calmer BraadChair of the board07/11/201426/06/2015
Massimo Angelo SalaBoard member07/11/201425/06/2015
Claudio Gioacchino Maria CriscuoloCEO07/11/201426/06/2015
Henning BækDirector26/06/201503/10/2022
Søren VintherChair of the board26/06/201513/04/2018
Harry Egon AndersenBoard member26/06/201517/04/2017
Morten KnudsenDeputy board member26/06/201518/04/2017
Kim Poulin PoulsenDeputy board member26/06/201523/04/2025
Morten BørglumBoard member26/06/201516/04/2021
Preben SimonsenDeputy board member26/06/201518/04/2017
Michael Lundgaard ThomsenDirector26/06/201531/12/2023
Massimo Angelo SalaDeputy chair26/06/201501/01/2017
Marco Maria BianconiBoard member26/06/201531/12/2016
Riccardo NicoliniBoard member26/06/201501/01/2017
Francesco TrivilinoBoard member26/06/201527/03/2017
Paolo ZugaroBoard member26/06/201501/01/2016
Paolo ZugaroCEO26/06/201501/01/2016
Riccardo NicoliniCEO01/01/201601/01/2017
Mille Tram LuxBoard member01/01/201720/07/2018
Piero CorpinaBoard member01/01/201715/05/2018
Piero CorpinaCEO01/01/201715/05/2018
Harry Egon AndersenDeputy board member18/04/201716/04/2021
Kim Eli MadsenBoard member16/04/202122/04/2025
Ole Guldhammer JacobsenDeputy board member16/04/202122/04/2025
Kim Eli MadsenDeputy board member23/04/202511/01/2026
Ole Guldhammer JacobsenBoard member23/04/202512/01/2026

Signing rule: Selskabet tegnes på en af følgende måder: i) bestyrelsens formand i forening med næstformanden, ii) bestyrelsens formand i forening med den administrerende direktør, iii) bestyrelsens formand i forening med en direktør, iv) bestyrelsens formand i forening med et andet medlem af bestyrelsen, v) bestyrelsens næstformand i foreningen med den administrerende direktør, vi) bestyrelsens næstformand i forening med en direktør, vii) bestyrelsens næstformand i forening med et andet medlem af bestyrelsen, viii) et bestyrelsesmedlem i forening med den administrerende direktør, ix) den administrerende direktør i forening med en anden direktør, x) den samlede bestyrelse.

Address and production units

11 active production units

Rørdalsvej 44
9220 Aalborg Øst

Aalborg Municipality · Postcode 9220

Other companies at the address (3)

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
Aalborg Portland A/SRørdalsvej 44, 9220 Aalborg Øst3181019874563
Aalborg Portland A/SStamholmen 51, 2650 Hvidovre51020066195
Aalborg Portland A/SFyrtårnvej 13B, 2300 København S21020066209
Aalborg Portland A/SFærøvej 2, 3700 Rønne11020066063
Aalborg Portland A/S CementsiloerneMellemvej 30, 6200 Aabenraa11020066160
Aalborg Portland A/SCementvej 3, 4600 Køge01020066225
Aalborg Portland A/SKulgårdsvej 10, 4220 Korsør–1020066233
Aalborg Portland A/S - UdlejningSkibbrogade 3A, st, 9000 Aalborg–1020066217
Aalborg Portland A/S CementsiloerneSdr. Havnegade 74A, 6000 Kolding–1020066144
Aalborg Portland A/S CementsiloerneKielgade 1, 5000 Odense C–1020066179
Aalborg Portland A/S Cementsiloerne Kaj 112Oliehavnsvej 1, 8000 Aarhus C–1020066128

Purpose

Selskabets formål er tilvirkning og salg af Portland-cement og produkter heraf samt at drive handel, ingeniør-, fabriks-, transport-, og rederivirksomhed i og udenfor Danmark, samt anden efter bestyrelsens skøn beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

79 registered events
20264 changesaccounts 1 · management 3
  • Annual report for 2025 published
  • Kim Eli Madsen appointed board member
  • Ole Guldhammer Jacobsen stepped down as board member
  • Kim Eli Madsen stepped down as deputy board member
20256 changesmanagement 5 · accounts 1
  • Kim Eli Madsen appointed deputy board member
  • Ole Guldhammer Jacobsen appointed board member
  • Kim Poulin Poulsen stepped down as deputy board member
  • Annual report for 2024 published
  • Ole Guldhammer Jacobsen stepped down as deputy board member
  • Kim Eli Madsen stepped down as board member
20241 changeaccounts 1
  • Annual report for 2023 published
20232 changesmanagement 1 · accounts 1
  • Michael Lundgaard Thomsen stepped down as director
  • Annual report for 2022 published
20223 changesmanagement 2 · accounts 1
  • Henrik Jeppesen appointed director
  • Henning Bæk stepped down as director
  • Annual report for 2021 published
20215 changesaccounts 1 · management 4
  • Annual report for 2020 published
  • Ole Guldhammer Jacobsen appointed deputy board member
  • Kim Eli Madsen appointed board member
  • Harry Egon Andersen stepped down as deputy board member
  • Morten Børglum stepped down as board member
20202 changesaddress 1 · accounts 1
  • Moved to Rørdalsvej 44, 9220 Aalborg Øst
  • Annual report for 2019 published
20192 changesaccounts 1 · address 1
  • Annual report for 2018 published
  • Moved to Rørdalsvej 44, 9220 Aalborg Øst
20188 changesmanagement 7 · accounts 1
  • Mille Tram Lux stepped down as board member
  • Søren Holm Christensen appointed board member
  • Søren Holm Christensen appointed ceo
  • Piero Corpina stepped down as ceo
  • Piero Corpina stepped down as board member
  • Annual report for 2017 published
  • Bjarne Moltke Hansen appointed chair of the board
  • Søren Vinther stepped down as chair of the board
201714 changesaddress 1 · accounts 1 · management 12
  • Moved to Rørdalsvej 44, 9220 Aalborg Øst
  • Annual report for 2016 published
  • Harry Egon Andersen appointed deputy board member
  • Morten Knudsen stepped down as deputy board member
  • Preben Simonsen stepped down as deputy board member
  • Harry Egon Andersen stepped down as board member
  • Francesco Trivilino stepped down as board member
  • Piero Corpina appointed ceo
  • Piero Corpina appointed board member
  • Mille Tram Lux appointed board member
  • Marco Maria Bianconi appointed deputy chair
  • Riccardo Nicolini stepped down as ceo
  • Massimo Angelo Sala stepped down as deputy chair
  • Riccardo Nicolini stepped down as board member
20165 changesmanagement 4 · address 1
  • Marco Maria Bianconi stepped down as board member
  • Moved to Rørdalsvej 44, 9220 Aalborg Øst
  • Riccardo Nicolini appointed ceo
  • Paolo Zugaro stepped down as ceo
  • Paolo Zugaro stepped down as board member
201521 changesname 1 · capital 1 · management 19
  • Name changed from NEWAAP A/S to Aalborg Portland A/S
  • Share capital changed from 500,000 DKK to 100,000,000 DKK
  • Paolo Zugaro appointed ceo
  • Henning Bæk appointed director
  • Søren Vinther appointed chair of the board
  • Harry Egon Andersen appointed board member
  • Morten Knudsen appointed deputy board member
  • Kim Poulin Poulsen appointed deputy board member
  • Morten Børglum appointed board member
  • Preben Simonsen appointed deputy board member
  • Michael Lundgaard Thomsen appointed director
  • Massimo Angelo Sala appointed deputy chair
  • Marco Maria Bianconi appointed board member
  • Riccardo Nicolini appointed board member
  • Francesco Trivilino appointed board member
  • Paolo Zugaro appointed board member
  • Ernst Aage Jensen appointed board member
  • Henning Bæk stepped down as board member
  • Claudio Gioacchino Maria Criscuolo stepped down as ceo
  • Mette Line Calmer Braad stepped down as chair of the board
  • Massimo Angelo Sala stepped down as board member
20146 changesfounded 1 · management 4 · ownership 1
  • Registered as NEWAAP A/S
  • Henning Bæk appointed board member
  • Claudio Gioacchino Maria Criscuolo appointed ceo
  • Massimo Angelo Sala appointed board member
  • Mette Line Calmer Braad appointed chair of the board
  • Aalborg Portland Holding A/S registered as owner (100%)

Related companies

Same people in management

Largest in the industry

See all →

Source and updates

The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 23/10/2026.

View in CVRReport a correction