Aalborg Portland Holding A/S

Public limited companyCVR 14244441Aalborg ØstActive

Aalborg Portland Holding A/S is a public limited company, based in Aalborg Øst, active in non-financial holding companies, founded in 1990. Net profit fell 12% from 2024 to 2025, ending at DKK 210.3m. With 31 employees, the company is about 31 times larger than the industry median. Gross profit is higher than that of 99% of the companies in the industry in the database.

PDF report Compare

Key figures · financial year 2025

RevenueDKK 1.6bn−2.8% vs. 2024

Net profitDKK 210.3m−11.7% vs. 2024

EquityDKK 1.7bn+2.3% vs. 2024

Employees31latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit rose 1% (2024 → 2025), to DKK 630.1m.
Revenue fell 3% (2024 → 2025), to DKK 1.6bn.
Net profit fell 12% (2024 → 2025), to DKK 210.3m.
Equity rose 2% (2024 → 2025), to DKK 1.7bn.

Employees

2 more employees than a year earlier: 31 (08/2026) against 29 (08/2025).

Management and owners, last 24 months

New in management: Azzurra Caltagirone (deputy chair, 23/04/2025).
Stepped down: Alessandro Caltagirone (deputy chair, 23/04/2025) and Azzurra Caltagirone (board member, 22/04/2025).

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 2020–2025 · amounts in DKK thousand

Equity and net profit

EquityNet profit

Financial figures for Aalborg Portland Holding A/S
	2020	2021	2022	2023	2024	2025	Change
Revenue	1,225,229	1,360,182	1,723,258	1,695,044	1,687,190	1,640,193	−2.8%
Gross profit	491,360	545,508	622,754	643,845	621,551	630,090	+1.4%
Operating profit (EBIT)	174,484	219,217	217,746	290,515	287,162	293,145	+2.1%
Profit before tax	162,109	208,484	253,303	305,290	312,603	289,123	−7.5%
Net profit	124,897	150,932	196,292	231,121	238,040	210,278	−11.7%
Total assets	1,841,236	1,894,971	2,302,310	2,357,247	2,606,111	2,617,951	+0.5%
Equity	1,040,275	1,127,911	1,392,295	1,480,086	1,662,144	1,700,664	+2.3%
Liabilities	800,961	767,060	910,015	877,161	943,967	917,287	−2.8%
Cash and cash equivalents	241,569	278,553	301,833	371,024	377,470	375,708	−0.5%

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

Compare with the industry (2,138 companies)

Gross profitMedian, the industry (2,138 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

6 financial years

Annual reports for Aalborg Portland Holding A/S
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	23/04/2026	The company	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	23/04/2025	The company	PDF not statedXBRL
2023	01/01/2023 – 31/12/2023	26/04/2024	The company	PDF not statedXBRL
2022	01/01/2022 – 31/12/2022	25/04/2023	The company	PDF not statedXBRL
2021	01/01/2021 – 31/12/2021	20/04/2022	The company	PDF XBRL
2020	01/01/2020 – 31/12/2020	19/04/2021	The company	PDF XBRL

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

Employees

Position in the industry

2,138 companies in the database

Comparison with the other companies in non-financial holding companies based on the latest financial year.

Gross profitDKK 630.1mNo. 31 of 2,093

Better than 99% of the companies in the industry

EquityDKK 1.7bnNo. 50 of 2,138

Better than 98% of the companies in the industry

Number of employees31No. 184 of 2,138

Better than 91% of the companies in the industry

Industry median: gross profit −DKK 31,805, net profit DKK 701k, equity DKK 32.1m, 1 employees.

Distribution of gross profit for 820 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form

Rank among similar companies
Group	Gross profit	Equity
Companies with 20–49 employees9,922 companies in the comparison	No. 20of 9,892 Better than 100%	No. 32of 9,922 Better than 100%
Same industry and 20–49 employees32 companies in the comparison	No. 5of 31 Better than 87%	No. 5of 32 Better than 87%
Companies that are at least 30 years old10,276 companies in the comparison	No. 142of 10,152 Better than 99%	No. 136of 10,275 Better than 99%
All companies of type A/S18,025 companies in the comparison	No. 220of 17,786 Better than 99%	No. 265of 18,024 Better than 99%

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

Non-financial holding companies

Gross profit

Aalborg Portland Holding A/SDKK 630.1m
Heartland A/SDKK 19.9bn
Andel A.M.B.A.DKK 5.6bn

Net profit

Aalborg Portland Holding A/SDKK 210.3m
Heartland A/SDKK 4.9bn
Andel A.M.B.A.−DKK 2.9bn

Equity

Aalborg Portland Holding A/SDKK 1.7bn
Heartland A/SDKK 39.2bn
Andel A.M.B.A.DKK 29.5bn

Employees

Aalborg Portland Holding A/S31
Heartland A/S34
Andel A.M.B.A.28

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

Owners and group

from the Public Ownership Register

Owners

Cementir Espana S.L.66.67%
Globo Cem S.L. Sociedad Unipersonal25%

Aalborg Portland Holding A/S

Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

8 active registrations

Executive management

Executive management at Aalborg Portland Holding A/S
Name	Role	Appointed
Francesco Caltagirone Jr	CEO	26/06/2015
Henrik Jeppesen	Director	01/07/2023

Board of directors

Board of directors at Aalborg Portland Holding A/S
Name	Role	Appointed
Francesco Gaetano Caltagirone	Board member	29/10/2004
Marco Maria Bianconi	Board member	29/10/2004
Francesco Caltagirone Jr	Board member	26/06/2015
Bjarne Moltke Hansen	Chair of the board	13/04/2018
Claudio Gioacchino Maria Criscuolo	Board member	09/11/2018
Azzurra Caltagirone	Deputy chair	23/04/2025

Auditor: Pricewaterhousecoopers Statsautoriseret Revisionspartnerselskab
Founders: Poul Christian Tage Kjær, Ole Stevens Larsen, Aktieselskabet Aalborg Portland-cement-fabrik

Former management (65)

Former management at Aalborg Portland Holding A/S
Name	Role	Appointed	Resigned
Poul Christian Tage Kjær	Chair of the board	26/06/1990	01/06/1993
Jan Busk Østergaard	Board member	26/06/1990	07/04/1994
Dezsö Agócs	Deputy board member	26/06/1990	07/04/1994
Svend Harry Ipsen	Board member	26/06/1990	03/03/1998
Birger Riisager	Director	26/06/1990	21/07/1994
Ole Stevens Larsen	Director	26/06/1990	31/05/1994
Poul Skovgaard	Director	26/06/1990	31/05/1994
Peter Michael Christian Arnstedt	Board member	26/06/1990	31/08/2001
Verner Nielsen	Deputy board member	26/06/1990	07/04/1994
Inga Viola Sørensen	Deputy board member	26/06/1990	03/03/1998
Gert Dan Jensen	Deputy board member	26/06/1990	07/04/1994
Alice Evelyn Pedersen	Deputy board member	26/06/1990	03/03/1998
Viggo Christian Engelbert Hansen	Board member	26/06/1990	03/03/1998
James William McColgan	Deputy chair	26/06/1990	28/12/1992
James Rushworth Hope Loudon	Board member	26/06/1990	29/03/1995
Ian Stuart Varley McKenzie	Deputy chair	26/06/1990	03/03/1998
Hugh Gordon Beevor	Deputy board member	26/06/1990	07/04/1994
John Arnull Beale	Board member	26/06/1990	07/03/2000
Keith Orrell-Jones	Deputy chair	26/06/1990	29/03/1995
Geoffrey Alec Trantham	Deputy board member	26/06/1990	13/09/2000
Kenneth William George	Deputy board member	26/06/1990	13/09/2000
Paul Christopher Hedley Wood	Deputy board member	26/06/1990	13/09/2000
Colin Terry Hunter	Board member	26/06/1990	13/09/2000
Harry Egon Andersen	Board member	03/03/1998	26/06/2015
Henning Heilskov	Board member	03/03/1998	04/03/2009
Per Bergmann Johansen	Deputy board member	03/03/1998	12/03/2002
Gerner Thomsen	Deputy board member	03/03/1998	12/03/2002
Jens Christian Seierup	Deputy board member	03/03/1998	12/03/2002
Richard Neil Haythornthwaite	Board member	03/03/1998	07/03/2000
Peter Assam	Chair of the board	07/03/2000	13/09/2000
Kurt Ib Christensen	Board member	07/03/2000	24/03/2000
Michael Richard Schofeild	Deputy chair	07/03/2000	13/09/2000
Peter Leslie Dover	Board member	07/03/2000	13/09/2000
Philip Kjær	Deputy chair	13/09/2000	03/02/2004
Jens Severin Stephensen	Deputy chair	13/09/2000	12/03/2002
Bjarne Moltke Hansen	Chair of the board	13/09/2000	29/10/2004
Bent Nyboe Andersen	Board member	31/08/2001	03/02/2004
Per Hvilsom	Deputy board member	12/03/2002	04/03/2009
Lars Krabbe Bang	Deputy board member	12/03/2002	04/03/2009
Jørgen Huno Rasmussen	Deputy chair	03/02/2004	29/10/2004
Poul Erik Tofte	Board member	03/02/2004	29/10/2004
Søren Vinther	CEO	29/10/2004	06/03/2007
Mario Ciliberto	Chair of the board	29/10/2004	22/03/2011
Walter Montevecchi	Board member	29/10/2004	11/04/2013
Henning Bæk	Director	11/01/2006	30/06/2023
Agnete Raaschou-Nielsen	Director	01/07/2008	25/11/2010
Kalle Jensen	Board member	04/03/2009	01/03/2011
Claus Svendsen	Board member	04/03/2009	31/01/2010
Lars Boje Jensen	Deputy board member	04/03/2009	01/03/2013
Mads Kjeld Max Nielsen	Deputy board member	04/03/2009	01/03/2011
Henrik Marinus Hougaard	Board member	22/03/2011	01/03/2013
Riccardo Nicolini	Deputy chair	22/03/2011	14/09/2011
Paolo Zugaro	Board member	22/03/2011	26/06/2015
Paolo Zugaro	CEO	22/03/2011	26/06/2015
Søren Vinther	Chair of the board	14/09/2011	13/04/2018
Francesco Caltagirone Jr	Deputy chair	14/09/2011	25/06/2015
Ernst Aage Jensen	Board member	01/03/2013	26/06/2015
Morten Knudsen	Deputy board member	01/03/2013	26/06/2015
Kim Poulin Poulsen	Deputy board member	01/03/2013	26/06/2015
Morten Børglum	Board member	01/03/2013	26/06/2015
Preben Simonsen	Deputy board member	01/03/2013	26/06/2015
Riccardo Nicolini	Board member	11/04/2013	26/06/2015
Alessandro Caltagirone	Deputy chair	26/06/2015	23/04/2025
Azzurra Caltagirone	Board member	26/06/2015	22/04/2025
Massimo Angelo Sala	Board member	26/06/2015	09/11/2018

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

2 active production units

Rørdalsvej 44
9220 Aalborg Øst

Aalborg Municipality · Postcode 9220

Other companies at the address (3)

Aalborg Portland A/SManufacture of cement
N&B Services A/SOffice administrative and support activities
Densit ApSManufacture of mortars

Production units
Production unit	Address	Industry	Employees	P number
Aalborg Portland Holding A/S	Stamholmen 51, 2650 Hvidovre	Non-financial holding companies	16	1013916825
Aalborg Portland Holding A/S	Rørdalsvej 44, 9220 Aalborg Øst	Non-financial holding companies	15	1002952999

Purpose

Selskabets formål er at eje kapitalandele i andre selskaber samt direkte eller indirekte gennem andre selskaber at drive handels- eller produktionsvirksomhed samt enhver anden aktivitet, der efter bestyrelsens skøn står i forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

133 registered events

182015

12016

12017

52018

12019

12020

12021

12022

32023

12024

42025

12026

20261 changeaccounts 1

23/04AccountsAnnual report for 2025 published

20254 changesmanagement 3 · accounts 1

23/04ManagementAzzurra Caltagirone appointed deputy chair
23/04ManagementAlessandro Caltagirone stepped down as deputy chair
23/04AccountsAnnual report for 2024 published
22/04ManagementAzzurra Caltagirone stepped down as board member

20241 changeaccounts 1

26/04AccountsAnnual report for 2023 published

20233 changesmanagement 2 · accounts 1

01/07ManagementHenrik Jeppesen appointed director
30/06ManagementHenning Bæk stepped down as director
25/04AccountsAnnual report for 2022 published

20221 changeaccounts 1

20/04AccountsAnnual report for 2021 published

20211 changeaccounts 1

19/04AccountsAnnual report for 2020 published

20201 changeaddress 1

03/07AddressMoved to Rørdalsvej 44, 9220 Aalborg Øst

20191 changeaddress 1

05/04AddressMoved to Rørdalsvej 44, 9220 Aalborg Øst

20185 changesmanagement 4 · address 1

09/11ManagementClaudio Gioacchino Maria Criscuolo appointed board member
09/11ManagementMassimo Angelo Sala stepped down as board member
13/04ManagementBjarne Moltke Hansen appointed chair of the board
13/04ManagementSøren Vinther stepped down as chair of the board
08/01AddressMoved to Rørdalsvej 44, 9220 Aalborg Øst

20171 changeaddress 1

27/11AddressMoved to Rørdalsvej 44, 9220 Aalborg Øst

20161 changeaddress 1

05/10AddressMoved to Rørdalsvej 44, 9220 Aalborg Øst

201518 changesindustry 1 · name 1 · address 1 · management 15

01/07IndustryIndustry changed to Ikke-finansielle holdingselskaber (642020)
26/06NameName changed from AALBORG PORTLAND A/S to Aalborg Portland Holding A/S
26/06AddressMoved to Rørdalsvej 44, 9220 Aalborg Øst
26/06ManagementMassimo Angelo Sala appointed board member
26/06ManagementAlessandro Caltagirone appointed deputy chair
26/06ManagementFrancesco Caltagirone Jr appointed ceo
26/06ManagementFrancesco Caltagirone Jr appointed board member
26/06ManagementAzzurra Caltagirone appointed board member
26/06ManagementRiccardo Nicolini stepped down as board member
26/06ManagementMorten Knudsen stepped down as deputy board member
26/06ManagementKim Poulin Poulsen stepped down as deputy board member
26/06ManagementErnst Aage Jensen stepped down as board member
26/06ManagementPreben Simonsen stepped down as deputy board member
26/06ManagementMorten Børglum stepped down as board member
26/06ManagementPaolo Zugaro stepped down as ceo
26/06ManagementPaolo Zugaro stepped down as board member
26/06ManagementHarry Egon Andersen stepped down as board member
25/06ManagementFrancesco Caltagirone Jr stepped down as deputy chair

20139 changesmanagement 9

11/04ManagementRiccardo Nicolini appointed board member
11/04ManagementWalter Montevecchi stepped down as board member
01/03ManagementMorten Knudsen appointed deputy board member
01/03ManagementKim Poulin Poulsen appointed deputy board member
01/03ManagementErnst Aage Jensen appointed board member
01/03ManagementPreben Simonsen appointed deputy board member
01/03ManagementMorten Børglum appointed board member
01/03ManagementHenrik Marinus Hougaard stepped down as board member
01/03ManagementLars Boje Jensen stepped down as deputy board member

201110 changesmanagement 10

14/09ManagementSøren Vinther appointed chair of the board
14/09ManagementFrancesco Caltagirone Jr appointed deputy chair
14/09ManagementRiccardo Nicolini stepped down as deputy chair
22/03ManagementPaolo Zugaro appointed ceo
22/03ManagementHenrik Marinus Hougaard appointed board member
22/03ManagementRiccardo Nicolini appointed deputy chair
22/03ManagementPaolo Zugaro appointed board member
22/03ManagementMario Ciliberto stepped down as chair of the board
01/03ManagementKalle Jensen stepped down as board member
01/03ManagementMads Kjeld Max Nielsen stepped down as deputy board member

20103 changesmanagement 2 · merger 1

25/11ManagementAgnete Raaschou-Nielsen stepped down as director
21/07MergerMerger registered in CVR
31/01ManagementClaus Svendsen stepped down as board member

20097 changesmanagement 7

04/03ManagementClaus Svendsen appointed board member
04/03ManagementLars Boje Jensen appointed deputy board member
04/03ManagementKalle Jensen appointed board member
04/03ManagementMads Kjeld Max Nielsen appointed deputy board member
04/03ManagementLars Krabbe Bang stepped down as deputy board member
04/03ManagementPer Hvilsom stepped down as deputy board member
04/03ManagementHenning Heilskov stepped down as board member

20083 changesmerger 1 · management 1 · industry 1

12/09MergerMerger registered in CVR
01/07ManagementAgnete Raaschou-Nielsen appointed director
01/01IndustryIndustry changed to Manufacture of cement (235100)

20071 changemanagement 1

06/03ManagementSøren Vinther stepped down as ceo

20061 changemanagement 1

11/01ManagementHenning Bæk appointed director

20051 changeownership 1

20/07OwnershipGlobo Cem S.L. Sociedad Unipersonal registered as owner (25%)

200413 changesownership 1 · management 12

22/12OwnershipCementir Espana S.L. registered as owner (66.67%)
29/10ManagementMario Ciliberto appointed chair of the board
29/10ManagementMarco Maria Bianconi appointed board member
29/10ManagementFrancesco Gaetano Caltagirone appointed board member
29/10ManagementWalter Montevecchi appointed board member
29/10ManagementSøren Vinther appointed ceo
29/10ManagementPoul Erik Tofte stepped down as board member
29/10ManagementJørgen Huno Rasmussen stepped down as deputy chair
29/10ManagementBjarne Moltke Hansen stepped down as chair of the board
03/02ManagementPoul Erik Tofte appointed board member
03/02ManagementJørgen Huno Rasmussen appointed deputy chair
03/02ManagementBent Nyboe Andersen stepped down as board member
03/02ManagementPhilip Kjær stepped down as deputy chair

20026 changesmanagement 6

12/03ManagementLars Krabbe Bang appointed deputy board member
12/03ManagementPer Hvilsom appointed deputy board member
12/03ManagementJens Severin Stephensen stepped down as deputy chair
12/03ManagementJens Christian Seierup stepped down as deputy board member
12/03ManagementPer Bergmann Johansen stepped down as deputy board member
12/03ManagementGerner Thomsen stepped down as deputy board member

20012 changesmanagement 2

31/08ManagementBent Nyboe Andersen appointed board member
31/08ManagementPeter Michael Christian Arnstedt stepped down as board member

200012 changesmanagement 12

13/09ManagementBjarne Moltke Hansen appointed chair of the board
13/09ManagementJens Severin Stephensen appointed deputy chair
13/09ManagementPhilip Kjær appointed deputy chair
13/09ManagementPeter Leslie Dover stepped down as board member
13/09ManagementPeter Assam stepped down as chair of the board
13/09ManagementMichael Richard Schofeild stepped down as deputy chair
24/03ManagementKurt Ib Christensen stepped down as board member
07/03ManagementPeter Leslie Dover appointed board member
07/03ManagementPeter Assam appointed chair of the board
07/03ManagementMichael Richard Schofeild appointed deputy chair
07/03ManagementKurt Ib Christensen appointed board member
07/03ManagementRichard Neil Haythornthwaite stepped down as board member

19988 changesmanagement 8

03/03ManagementJens Christian Seierup appointed deputy board member
03/03ManagementPer Bergmann Johansen appointed deputy board member
03/03ManagementHenning Heilskov appointed board member
03/03ManagementHarry Egon Andersen appointed board member
03/03ManagementRichard Neil Haythornthwaite appointed board member
03/03ManagementGerner Thomsen appointed deputy board member
03/03ManagementInga Viola Sørensen stepped down as deputy board member
03/03ManagementSvend Harry Ipsen stepped down as board member

19946 changesmanagement 6

21/07ManagementBirger Riisager stepped down as director
31/05ManagementPoul Skovgaard stepped down as director
31/05ManagementOle Stevens Larsen stepped down as director
07/04ManagementGert Dan Jensen stepped down as deputy board member
07/04ManagementVerner Nielsen stepped down as deputy board member
07/04ManagementDezsö Agócs stepped down as deputy board member

19931 changemanagement 1

01/06ManagementPoul Christian Tage Kjær stepped down as chair of the board

199012 changescapital 1 · founded 1 · management 10

29/06CapitalShare capital changed from 150,000,000 DKK to 300,000,000 DKK
26/06FoundedRegistered as AALBORG PORTLAND A/S
26/06ManagementGert Dan Jensen appointed deputy board member
26/06ManagementInga Viola Sørensen appointed deputy board member
26/06ManagementVerner Nielsen appointed deputy board member
26/06ManagementPeter Michael Christian Arnstedt appointed board member
26/06ManagementPoul Skovgaard appointed director
26/06ManagementOle Stevens Larsen appointed director
26/06ManagementBirger Riisager appointed director
26/06ManagementSvend Harry Ipsen appointed board member
26/06ManagementDezsö Agócs appointed deputy board member
26/06ManagementPoul Christian Tage Kjær appointed chair of the board

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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 24/10/2026.

View in CVR Report a correction