ABB A/S
Public limited companyCVR 31371716MiddelfartActive
ABB A/S is a public limited company, based in Middelfart, active in wholesale of other machinery and equipment, founded in 1913. Net profit rose 14% from 2024 to 2025, ending at DKK 133.1m. Measured by gross profit, it ranks no. 3 of 1,000 companies in the industry in the database. Profit has grown three years in a row.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 9% (2024 → 2025), to DKK 608.4m.
- Revenue fell 5% (2024 → 2025), to DKK 2.3bn.
- Net profit rose 14% (2024 → 2025), to DKK 133.1m.
- Equity fell 4% (2024 → 2025), to DKK 262.5m.
Employees
- 18 fewer employees than a year earlier: 500 (07/2026) against 518 (07/2025).
Management and owners, last 24 months
- New in management: Galit Mizrahi (chair of the board, 01/09/2025).
- Stepped down: Pekka Tapio Tiitinen (chair of the board, 01/09/2025).
Registrations, last 24 months
- 12/11/2024: Moved to Barmstedt Alle 9, 5500 Middelfart
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | 1,581,592 | 1,655,681 | 1,912,901 | 2,213,742 | 2,463,915 | 2,347,304 | −4.7% |
| Gross profit | 340,879 | 347,082 | 388,606 | 423,634 | 560,554 | 608,380 | +8.5% |
| Operating profit (EBIT) | 44,528 | 60,642 | 64,288 | 74,360 | 148,061 | 165,825 | +12% |
| Profit before tax | 40,084 | 58,440 | 57,231 | 75,433 | 151,420 | 166,782 | +10.1% |
| Net profit | 29,771 | 47,770 | 62,117 | 59,030 | 116,400 | 133,124 | +14.4% |
| Total assets | 558,235 | 591,072 | 727,386 | 722,381 | 845,824 | 972,742 | +15% |
| Equity | 187,067 | 204,837 | 219,954 | 214,984 | 273,384 | 262,508 | −4% |
| Liabilities | 335,024 | 349,934 | 467,075 | 414,979 | 497,700 | 642,644 | +29.1% |
| Cash and cash equivalents | 42,933 | 16,621 | 9,930 | 68,457 | 89,745 | 0 | −100% |
| Average number of employees | 376 | 364 | 370 | 396 | 454 | 481 | +5.9% |
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
Signals from the financial statements
calculated from the 2025 figuresProfit 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 10/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 23/05/2025 | The company | PDF not statedXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 24/05/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 26/05/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 17/05/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 16/04/2021 | The company | PDFXBRL |
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 CVRPosition in the industry
1,000 companies in the databaseComparison with the other companies in wholesale of other machinery and equipment based on the latest financial year.
Industry median: gross profit DKK 6m, net profit DKK 772k, equity DKK 4.8m, 6 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 500–999 employees207 companies in the comparison | No. 49of 189 Better than 74% | No. 103of 207 Better than 50% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 145of 10,152 Better than 99% | No. 629of 10,275 Better than 94% |
| All companies of type A/S18,025 companies in the comparison | No. 232of 17,786 Better than 99% | No. 1,167of 18,024 Better than 94% |
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
Wholesale of other machinery and equipment- ABB A/SDKK 608.4m
- HydraSpecma A/SDKK 854.1m
- Sanovo Technology A/SDKK 779.2m
- ABB A/SDKK 133.1m
- HydraSpecma A/SDKK 142.1m
- Sanovo Technology A/SDKK 204.2m
- ABB A/SDKK 262.5m
- HydraSpecma A/SDKK 1.2bn
- Sanovo Technology A/SDKK 592.3m
- ABB A/S500
- HydraSpecma A/S365
- Sanovo Technology A/S216
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- ABB Asea Brown Boveri Ltd.100%
Management
6 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Tina Balslev Frederiksen | CEO | 01/01/2023 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Peter Midskov Lyhne | Board member | 01/01/2020 |
| Bjarne Holm Tvede | Board member | 01/01/2020 |
| Tina Balslev Frederiksen | Board member | 01/01/2023 |
| Owais Ahmed | Board member | 01/10/2023 |
| Galit Mizrahi | Chair of the board | 01/09/2025 |
- Auditor
- KPMG P/S
Former management (35)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Henning Orla Jensen | Director | 17/07/1913 | 01/09/1994 |
| Eskil Trolle | Board member | 17/07/1913 | 09/03/2001 |
| Kaare Vagner Jensen | Chair of the board | 17/07/1913 | 19/03/1996 |
| Kaare Vagner Jensen | Director | 17/07/1913 | 16/06/1993 |
| Otto Feierskov Andreasen | Board member | 17/07/1913 | 07/04/1992 |
| Sven Folmer Thomsen | Board member | 17/07/1913 | 03/03/1999 |
| Kiell Wulff Heimann | Board member | 17/07/1913 | 07/04/1992 |
| Hans Jørgen Gustavsen | Director | 17/07/1913 | 01/08/1994 |
| Svend Erik Bruun | Director | 17/07/1913 | 12/06/1992 |
| Henning Balle | Deputy board member | 17/07/1913 | 13/03/1989 |
| Henning Balle | Director | 17/07/1913 | 13/03/1989 |
| Georg Viggo Poulsen | Board member | 17/07/1913 | 06/04/2000 |
| Bert-Olof Svanholm | Chair of the board | 17/07/1913 | 11/03/1994 |
| Svend Aage Koch-Christensen | CEO | 01/08/1994 | 09/03/2001 |
| Carl Christian Nielsen | Chair of the board | 19/03/1996 | 09/03/2001 |
| Kjell Erik Almskog | Board member | 19/03/1996 | 08/09/1998 |
| Leo Guldmann Sørensen | Board member | 09/03/2001 | 14/05/2002 |
| Claus Madsen | Board member | 09/03/2001 | 31/12/2019 |
| Claus Madsen | CEO | 09/03/2001 | 31/12/2019 |
| Bengt Peter Skantze | Chair of the board | 09/03/2001 | 14/05/2002 |
| Leo Guldmann Sørensen | Director | 14/05/2002 | 28/04/2003 |
| Jan Joel Aron Secher | Chair of the board | 14/05/2002 | 24/01/2003 |
| Gary Glachan Steel | Chair of the board | 24/01/2003 | 13/08/2004 |
| Peter Smits | Chair of the board | 13/08/2004 | 24/03/2006 |
| Sten Erik Jakobsson | Chair of the board | 24/03/2006 | 28/04/2011 |
| Magnus Örnberg | Board member | 24/03/2006 | 11/05/2010 |
| Lena Maria Andersson | Board member | 11/05/2010 | 23/03/2015 |
| Trevor Gregory | Chair of the board | 28/04/2011 | 23/03/2015 |
| Frank Johan Söderström | Chair of the board | 23/03/2015 | 31/12/2019 |
| Athmanatha Sharma | Board member | 23/03/2015 | 12/04/2018 |
| Carl Peter Jansson | Board member | 12/04/2018 | 31/12/2019 |
| Morten Gejl Johannesen | Board member | 01/01/2020 | 31/07/2021 |
| Bjarne Holm Tvede | CEO | 01/01/2020 | 01/01/2023 |
| Pekka Tapio Tiitinen | Chair of the board | 01/01/2020 | 01/09/2025 |
| Christian Buhl Krøis | Board member | 01/08/2021 | 31/08/2023 |
Signing rule: Selskabet tegnes af den administrerende direktør eller af to bestyrelsesmedlemmer i forening.
Address and production units
9 active production unitsBarmstedt Alle 9
5500 Middelfart
| Production unit | Address | Employees | P number |
|---|---|---|---|
| ABB A/S | Barmstedt Alle 9, 5500 Middelfart | 221 | 1028903207 |
| ABB A/S | Lautrupvang 8, 2750 Ballerup | 204 | 1030417670 |
| Caverion Danmark A/S | Mileparken 9A, 2740 Skovlunde | 152 | 1003029056 |
| Caverion Danmark A/S | Strevelinsvej 38, Erritsø, 7000 Fredericia | 146 | 1003028863 |
| Caverion Danmark A/S | Vestkraftgade 1, 6700 Esbjerg | 40 | 1008665679 |
| ABB A/S | Hareskovvej 15A, 4400 Kalundborg | 32 | 1027271533 |
| ABB A/S, Esbjerg | Kanalen 1, 6700 Esbjerg | 26 | 1011875404 |
| ABB A/S | Marielundvej 29, 2730 Herlev | 9 | 1030310744 |
| ABB A/S, Ålborg | Alfred Nobels Vej 27, 9220 Aalborg Øst | 9 | 1028721206 |
Purpose
Selskabets formål er at udvikle, producere og markedsføre produkter og ydelser til produktions-, proces- og konsumentsvareindustrien, forsyningsvirksomhed, olie- og gassektoren og infrastrukturmarkedet samt anden efter bestyrelsens skøn dermed beslægtet virksomhed samt direkte eller indirekte ved aktiebesiddelse, finansiering eller på anden måde at være interesseret i tilsvarende virksomheder inden for ovenanførte områder eller områder der har en sammenhæng med de virksomheder, som selskabet direkte eller indirekte måtte være interesseret i.
The purpose is quoted from the register in Danish.
Changes year by year
106 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20253 changesmanagement 2 · accounts 1
- ManagementGalit Mizrahi appointed chair of the board
- ManagementPekka Tapio Tiitinen stepped down as chair of the board
- AccountsAnnual report for 2024 published
20244 changesaddress 3 · accounts 1
- AddressMoved to Barmstedt Alle 9, 5500 Middelfart
- AccountsAnnual report for 2023 published
- AddressMoved to Barmstedt Alle 9, 5500 Middelfart
- AddressMoved to Lautrupvang 8, 2750 Ballerup
20236 changesmanagement 5 · accounts 1
- ManagementOwais Ahmed appointed board member
- ManagementChristian Buhl Krøis stepped down as board member
- AccountsAnnual report for 2022 published
- ManagementTina Balslev Frederiksen appointed ceo
- ManagementTina Balslev Frederiksen appointed board member
- ManagementBjarne Holm Tvede stepped down as ceo
20223 changesownership 2 · accounts 1
- OwnershipABB Asea Brown Boveri Ltd. registered as owner (100%)
- OwnershipABB Norden Holding AB is no longer registered as owner
- AccountsAnnual report for 2021 published
20213 changesmanagement 2 · accounts 1
- ManagementChristian Buhl Krøis appointed board member
- ManagementMorten Gejl Johannesen stepped down as board member
- AccountsAnnual report for 2020 published
20205 changesmanagement 5
- ManagementMorten Gejl Johannesen appointed board member
- ManagementBjarne Holm Tvede appointed board member
- ManagementPeter Midskov Lyhne appointed board member
- ManagementPekka Tapio Tiitinen appointed chair of the board
- ManagementBjarne Holm Tvede appointed ceo
20194 changesmanagement 4
- ManagementCarl Peter Jansson stepped down as board member
- ManagementFrank Johan Söderström stepped down as chair of the board
- ManagementClaus Madsen stepped down as ceo
- ManagementClaus Madsen stepped down as board member
20182 changesmanagement 2
- ManagementCarl Peter Jansson appointed board member
- ManagementAthmanatha Sharma stepped down as board member
20154 changesmanagement 4
- ManagementAthmanatha Sharma appointed board member
- ManagementFrank Johan Söderström appointed chair of the board
- ManagementTrevor Gregory stepped down as chair of the board
- ManagementLena Maria Andersson stepped down as board member
20113 changesmanagement 2 · industry 1
- ManagementTrevor Gregory appointed chair of the board
- ManagementSten Erik Jakobsson stepped down as chair of the board
- IndustryIndustry changed to Engroshandel med andre maskiner og andet udstyr (466900)
20102 changesmanagement 2
- ManagementLena Maria Andersson appointed board member
- ManagementMagnus Örnberg stepped down as board member
20082 changesownership 1 · industry 1
- OwnershipABB Norden Holding AB registered as owner (100%)
- IndustryIndustry changed to Engineering consultancy in construction and civil engineering (711210)
20072 changescapital 1 · industry 1
- CapitalShare capital changed from 241,000,000 DKK to 100,000,000 DKK
- IndustryIndustry changed to Rådgivende ingeniørvirksomhed indenfor byggeri og anlægsarbejder (742010)
20063 changesmanagement 3
- ManagementMagnus Örnberg appointed board member
- ManagementSten Erik Jakobsson appointed chair of the board
- ManagementPeter Smits stepped down as chair of the board
20051 changemerger 1
- MergerMerger registered in CVR
20042 changesmanagement 2
- ManagementPeter Smits appointed chair of the board
- ManagementGary Glachan Steel stepped down as chair of the board
20034 changesindustry 1 · management 3
- IndustryIndustry changed to Rådgivende ingeniørvirksomhed indenfor produktions- og maskinteknik (742020)
- ManagementLeo Guldmann Sørensen stepped down as director
- ManagementGary Glachan Steel appointed chair of the board
- ManagementJan Joel Aron Secher stepped down as chair of the board
20024 changesmanagement 4
- ManagementLeo Guldmann Sørensen appointed director
- ManagementJan Joel Aron Secher appointed chair of the board
- ManagementBengt Peter Skantze stepped down as chair of the board
- ManagementLeo Guldmann Sørensen stepped down as board member
200110 changesaddress 1 · merger 1 · management 7 · industry 1
- AddressMoved to Meterbuen 33, 2740 Skovlunde
- MergerMerger registered in CVR
- ManagementClaus Madsen appointed ceo
- ManagementBengt Peter Skantze appointed chair of the board
- ManagementClaus Madsen appointed board member
- ManagementLeo Guldmann Sørensen appointed board member
- ManagementCarl Christian Nielsen stepped down as chair of the board
- ManagementSvend Aage Koch-Christensen stepped down as ceo
- ManagementEskil Trolle stepped down as board member
- IndustryIndustry changed to Rådgivende ingeniørvirksomhed indenfor byggeri og anlægsarbejder (742010)
20001 changemanagement 1
- ManagementGeorg Viggo Poulsen stepped down as board member
19992 changesname 1 · management 1
- NameName changed from ASEA BROWN BOVERI A/S to ABB A/S
- ManagementSven Folmer Thomsen stepped down as board member
19983 changescapital 1 · management 1 · merger 1
- CapitalShare capital changed from 240,000,000 DKK to 241,000,000 DKK
- ManagementKjell Erik Almskog stepped down as board member
- MergerMerger registered in CVR
19963 changesmanagement 3
- ManagementKjell Erik Almskog appointed board member
- ManagementCarl Christian Nielsen appointed chair of the board
- ManagementKaare Vagner Jensen stepped down as chair of the board
19944 changesmanagement 4
- ManagementHenning Orla Jensen stepped down as director
- ManagementSvend Aage Koch-Christensen appointed ceo
- ManagementHans Jørgen Gustavsen stepped down as director
- ManagementBert-Olof Svanholm stepped down as chair of the board
19931 changemanagement 1
- ManagementKaare Vagner Jensen stepped down as director
19923 changesmanagement 3
- ManagementSvend Erik Bruun stepped down as director
- ManagementKiell Wulff Heimann stepped down as board member
- ManagementOtto Feierskov Andreasen stepped down as board member
19892 changesmanagement 2
- ManagementHenning Balle stepped down as director
- ManagementHenning Balle stepped down as deputy board member
19883 changescapital 1 · merger 1 · name 1
- CapitalShare capital changed from 130,000,000 DKK to 240,000,000 DKK
- MergerMerger registered in CVR
- NameName changed from ASEA DANMARK A/S to ASEA BROWN BOVERI A/S
19872 changescapital 1 · merger 1
- CapitalShare capital changed from 70,000,000 DKK to 130,000,000 DKK
- MergerMerger registered in CVR
191314 changesfounded 1 · management 13
- FoundedRegistered as ASEA DANMARK A/S
- ManagementKiell Wulff Heimann appointed board member
- ManagementSven Folmer Thomsen appointed board member
- ManagementOtto Feierskov Andreasen appointed board member
- ManagementKaare Vagner Jensen appointed director
- ManagementKaare Vagner Jensen appointed chair of the board
- ManagementEskil Trolle appointed board member
- ManagementHenning Orla Jensen appointed director
- ManagementBert-Olof Svanholm appointed chair of the board
- ManagementGeorg Viggo Poulsen appointed board member
- ManagementHenning Balle appointed director
- ManagementHenning Balle appointed deputy board member
- ManagementSvend Erik Bruun appointed director
- ManagementHans Jørgen Gustavsen appointed director
Related companies
Same industry in Middelfart
- Phe Nordic A/S23 employees
- Heatcom Corporation A/S17 employees
- Moni Worldwide ApS14 employees
- E. Koed Christensen A/S7 employees
- Tradenord ApS4 employees
- M.t.t. A/S3 employees
Same people in management
- Bravida Danmark A/Svia Henning Orla Jensen
- Danfoss A/Svia Hans Jørgen Gustavsen
- Oticon A/Svia Sven Folmer Thomsen
- Ftz Autodele & Værktøj A/Svia Christian Buhl Krøis
- Molslinjen A/Svia Kaare Vagner Jensen
- Norisol A/Svia Henning Orla Jensen
Largest in the industry
- HydraSpecma A/SDKK 854.1m
- Sanovo Technology A/SDKK 779.2m
- Macartney A/SDKK 487m
- Toyota Material Handling Danmark A/SDKK 395.5m
- Alstom Transport Danmark A/SDKK 327.3m
- N.C. Nielsen A/SDKK 273.3m
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.