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Algeco Denmark A/S

Public limited companyCVR 40881239RingstedActive

Algeco Denmark A/S is a public limited company, based in Ringsted, active in renting and leasing of other machinery, equipment and tangible goods, not for events, founded in 2019. After a loss in 2024, the company made a profit of DKK 19.7m in 2025. Measured by gross profit, it ranks no. 6 of 103 companies in the industry in the database. With 37 employees, the company is about 9 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 110m+24.9% vs. 2024
Net profitDKK 19.7m+153.4% vs. 2024
EquityDKK 96m+25.7% vs. 2024
Employees37latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 25% (2024 → 2025), to DKK 110m.
  • Net profit went from a loss of DKK 36.8m to a profit of DKK 19.7m (2024 → 2025).
  • Equity rose 26% (2024 → 2025), to DKK 96m.

Employees

  • 4 more employees than a year earlier: 37 (07/2026) against 33 (07/2025).

Management and owners, last 24 months

  • New in management: Mette Ferkingstad (board member, 24/01/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Renting and leasing of other machinery, equipment and tangible goods, not for events (773990)

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

−DKK 60m−DKK 40m−DKK 20mDKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120m202020212022202320242025
EquityNet profit
Financial figures for Algeco Denmark A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit53,75052,83563,09567,51088,094110,029+24.9%
Operating profit (EBIT)−14,793−25,843−22,058−35,781−26,03229,109+211.8%
Profit before tax−23,415−35,726−30,324−45,417−36,81019,664+153.4%
Net profit−23,415−34,467−30,333−45,418−36,81019,664+153.4%
Total assets338,200312,204312,105313,286271,424333,305+22.8%
Equity32,49111,56781,234113,18976,37996,043+25.7%
Liabilities305,709300,484230,871200,097195,046235,630+20.8%
Cash and cash equivalents27,60011,77520,2694,9056,33931,191+392%
Average number of employees1519193033330%

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. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.

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

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120m202020212022202320242025
Gross profitMedian, the industry (104 companies)

Annual reports

6 financial years
Annual reports for Algeco Denmark A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202524/02/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202421/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202327/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202205/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202112/07/2022The companyPDFXBRL
202023/10/2019 – 31/12/202025/07/2021The 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
0510152025303508/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

104 companies in the database

Comparison with the other companies in renting and leasing of other machinery, equipment and tangible goods, not for events based on the latest financial year.

Gross profitDKK 110mNo. 6 of 103
Better than 95% of the companies in the industry
EquityDKK 96mNo. 8 of 104
Better than 93% of the companies in the industry
Number of employees37No. 9 of 104
Better than 92% of the companies in the industry

Industry median: gross profit DKK 3.5m, net profit DKK 465k, equity DKK 3.9m, 4 employees.

DKK 150kDKK 1.1mDKK 8.5mDKK 63.7mDKK 244.3mHere
Distribution of gross profit for 98 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
GroupGross profitEquity
Companies with 20–49 employees9,922 companies in the comparison
No. 115of 9,892
Better than 99%
No. 364of 9,922
Better than 96%
Same industry and 20–49 employees13 companies in the comparison
No. 2of 13
Better than 92%
No. 2of 13
Better than 92%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 290of 33,588
Better than 99%
No. 715of 33,687
Better than 98%
All companies of type A/S18,025 companies in the comparison
No. 1,438of 17,786
Better than 92%
No. 2,339of 18,024
Better than 87%

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

Renting and leasing of other machinery, equipment and tangible goods, not for events
Gross profit
  1. Algeco Denmark A/SDKK 110m
  2. Titan Containers A/SDKK 478.3m
  3. Adapteo A/SDKK 333.1m
Net profit
  1. Algeco Denmark A/SDKK 19.7m
  2. Titan Containers A/SDKK 105.5m
  3. Adapteo A/SDKK 6.3m
Equity
  1. Algeco Denmark A/SDKK 96m
  2. Titan Containers A/SDKK 689.5m
  3. Adapteo A/SDKK 618.4m
Employees
  1. Algeco Denmark A/S37
  2. Titan Containers A/S54
  3. Adapteo A/S54

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
  • Algeco Sweden AB100%
Algeco Denmark A/S

Management

5 active registrations

Executive management

Executive management at Algeco Denmark A/S
NameRoleAppointed
Steinar AaslandCEO15/12/2023

Board of directors

Board of directors at Algeco Denmark A/S
NameRoleAppointed
Mads BlomBoard member19/10/2022
James Stewart Christopher OdomBoard member19/10/2022
Steinar AaslandBoard member15/12/2023
Mette FerkingstadBoard member24/01/2025
Founders
Peter Andreas Nielsen
Former management (14)
Former management at Algeco Denmark A/S
NameRoleAppointedResigned
Frank Vestergaard Suhr OlesenBoard member23/10/201930/12/2019
Jesper BrammingChair of the board23/10/201930/12/2019
Dan Olesen VorsholtCEO23/10/201930/12/2019
Dan Olesen VorsholtBoard member23/10/201930/12/2019
Lars Martin Egron OlssonBoard member30/12/201921/01/2021
Magnus KjellinCEO30/12/201902/11/2021
Magnus KjellinBoard member30/12/201902/11/2021
Björn Arne LindbergChair of the board30/12/201922/10/2020
Nils Magnus KjellinBoard member30/12/201915/12/2023
Nils Magnus KjellinCEO30/12/201915/12/2023
Steinar AaslandChair of the board22/10/202015/12/2023
Sundip ThakrarBoard member22/10/202015/12/2021
James O'MalleyBoard member22/10/202014/10/2022
Simon GordonBoard member22/10/202018/04/2022

Signing rule: Selskabet tegnes af et bestyrelsesmedlem eller af den samlede bestyrelse.

Address and production units

2 active production units

Kærup Parkvej 10
4100 Ringsted

Ringsted Municipality · Postcode 4100

Production units
Production unitAddressEmployeesP number
Algeco Denmark A/SKærup Parkvej 10, Benløse, 4100 Ringsted331025160793
Algeco Denmark A/S, HedenstedKildeparken 12, 8722 Hedensted21028659748

Purpose

Selskabets formål er at drive virksomhed med at udvikle, udleje og sælge anlægsaktiver i form af skoler, børnehaver, kontorer og boliger samt anden virksomhed, der står i forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

54 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20253 changesaccounts 1 · management 1 · industry 1
  • Annual report for 2024 published
  • Mette Ferkingstad appointed board member
  • Industry changed to Renting and leasing of other machinery, equipment and tangible goods, not for events (773990)
20241 changeaccounts 1
  • Annual report for 2023 published
20237 changesmanagement 5 · accounts 1 · capital 1
  • Steinar Aasland appointed board member
  • Steinar Aasland appointed ceo
  • Steinar Aasland stepped down as chair of the board
  • Nils Magnus Kjellin stepped down as ceo
  • Nils Magnus Kjellin stepped down as board member
  • Annual report for 2022 published
  • Share capital changed from 110,000,001 DKK to 187,372,570 DKK
20227 changesmanagement 4 · capital 1 · address 1 · accounts 1
  • James Stewart Christopher Odom appointed board member
  • Mads Blom appointed board member
  • James O'Malley stepped down as board member
  • Share capital changed from 10,000,001 DKK to 110,000,001 DKK
  • Moved to Kærup Parkvej 10, Benløse, 4100 Ringsted
  • Annual report for 2021 published
  • Simon Gordon stepped down as board member
20218 changesmanagement 4 · name 1 · capital 1 · merger 1 · accounts 1
  • Sundip Thakrar stepped down as board member
  • Magnus Kjellin stepped down as ceo
  • Magnus Kjellin stepped down as board member
  • Name changed from Temporary Space Nordics Pavilions A/S to Algeco Denmark A/S
  • Share capital changed from 10,000,000 DKK to 10,000,001 DKK
  • Merger registered in CVR
  • Annual report for 2020 published
  • Lars Martin Egron Olsson stepped down as board member
20206 changesmanagement 5 · industry 1
  • Steinar Aasland appointed chair of the board
  • James O'Malley appointed board member
  • Sundip Thakrar appointed board member
  • Simon Gordon appointed board member
  • Björn Arne Lindberg stepped down as chair of the board
  • Industry changed to Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver i.a.n. (773900)
201921 changesname 1 · address 1 · management 14 · ownership 3 · capital 1 · founded 1
  • Name changed from Datoselskabet af 23. oktober 2019 A/S to Temporary Space Nordics Pavilions A/S
  • Moved to Kærup Parkvej 10, Benløse, 4100 Ringsted
  • Nils Magnus Kjellin appointed ceo
  • Lars Martin Egron Olsson appointed board member
  • Magnus Kjellin appointed ceo
  • Magnus Kjellin appointed board member
  • Björn Arne Lindberg appointed chair of the board
  • Nils Magnus Kjellin appointed board member
  • Frank Vestergaard Suhr Olesen stepped down as board member
  • Dan Olesen Vorsholt stepped down as board member
  • Dan Olesen Vorsholt stepped down as ceo
  • Jesper Bramming stepped down as chair of the board
  • Algeco Sweden AB registered as owner (100%)
  • G.S.V. MATERIELUDLEJNING A/S is no longer registered as owner
  • Share capital changed from 400,000 DKK to 10,000,000 DKK
  • Registered as Datoselskabet af 23. oktober 2019 A/S
  • Frank Vestergaard Suhr Olesen appointed board member
  • Dan Olesen Vorsholt appointed board member
  • Dan Olesen Vorsholt appointed ceo
  • Jesper Bramming appointed chair of the board
  • G.S.V. MATERIELUDLEJNING A/S registered as owner (100%)

Related companies

Same industry in Ringsted

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Same people in management

Largest in the industry

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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.

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