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Altrad Services A/S

Public limited companyCVR 41656204MiddelfartActive

Altrad Services A/S is a public limited company, based in Middelfart, active in repair and maintenance of ships and boats, founded in 2020. The company went from a profit in 2024 to a loss of DKK 12.8m in 2025. Measured by gross profit, it ranks no. 1 of 111 companies in the industry in the database. Operations are spread over 7 production units in 7 towns.

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Key figures · financial year 2025

RevenueDKK 645m−32.2% vs. 2024
Net profit−DKK 12.8m−249.2% vs. 2024
EquityDKK 37.6m−30.5% vs. 2024
Employees467latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 40% (2024 → 2025), to DKK 376.7m.
  • Revenue fell 32% (2024 → 2025), to DKK 645m.
  • Net profit went from a profit of DKK 8.6m to a loss of DKK 12.8m (2024 → 2025).
  • Equity fell 30% (2024 → 2025), to DKK 37.6m.

Employees

  • 45 fewer employees than a year earlier: 467 (07/2026) against 512 (07/2025).

Management and owners, last 24 months

  • New in management: Anders Kristiansen (director, 20/01/2025), Anders Kristiansen (board member, 20/01/2026) and Anja Lervad Kristiansen (director, 20/01/2026) (+2).
  • Stepped down: Jens Mørk (director, 20/01/2026) and Jens Mørk (board member, 20/01/2026).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Repair and maintenance of ships and boats (331500)

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 2021–2025 · amounts in DKK thousand

Equity and net profit

−DKK 20m−DKK 10mDKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50m2021202320242025
EquityNet profit
Financial figures for Altrad Services A/S
2021202320242025Change
Revenuenot stated993,303950,756645,013−32.2%
Gross profit259,400647,702632,287376,673−40.4%
Operating profit (EBIT)2825,42515,487−15,507−200.1%
Profit before tax−1241,30911,091−16,437−248.2%
Net profit−799448,553−12,760−249.2%
Total assets119,612399,966281,843207,547−26.4%
Equity44,62345,32254,09137,601−30.5%
Liabilities74,862353,170225,853163,626−27.6%
Cash and cash equivalents2,745114,431114,88279,192−31.1%
Average number of employees407885824518−37.1%

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 2021: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2022 (changed financial year or not filed).

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

DKK 0DKK 100mDKK 200mDKK 300mDKK 400mDKK 500mDKK 600m2021202320242025
Gross profitMedian, the industry (111 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 30% from 2024 to 2025 (DKK 54.1m to DKK 37.6m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

  • Fewer employees

    The number of employees fell 37% from 824 in 2024 to 518 in 2025.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.

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

4 financial years
Annual reports for Altrad Services A/S
Financial yearPeriodPublishedFigures forDocuments
202501/09/2024 – 31/08/202504/03/2026The companyPDF not statedXBRL
202401/09/2023 – 31/08/202429/01/2025The companyPDFXBRL
202301/09/2022 – 31/08/202331/01/2024The companyPDFXBRL
202101/01/2021 – 31/12/202130/01/2023The 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
02004006008001,00008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

111 companies in the database

Comparison with the other companies in repair and maintenance of ships and boats based on the latest financial year.

Gross profitDKK 376.7mNo. 1 of 111
Better than 100% of the companies in the industry
EquityDKK 37.6mNo. 5 of 111
Better than 96% of the companies in the industry
Number of employees467No. 1 of 111
Better than 100% of the companies in the industry

Industry median: gross profit DKK 2.8m, net profit DKK 98,659, equity DKK 1.1m, 5 employees.

DKK 100kDKK 783kDKK 6.1mDKK 48.1mDKK 189.7mHere
Distribution of gross profit for 107 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 200–499 employees796 companies in the comparison
No. 99of 763
Better than 87%
No. 574of 796
Better than 28%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 79of 33,588
Better than 100%
No. 1,484of 33,687
Better than 96%
All companies of type A/S18,025 companies in the comparison
No. 394of 17,786
Better than 98%
No. 4,303of 18,024
Better than 76%

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

Repair and maintenance of ships and boats
Gross profit
  1. Altrad Services A/SDKK 376.7m
  2. Fayard A/SDKK 302.3m
  3. Orskov Yard A/SDKK 292.1m
Net profit
  1. Altrad Services A/S−DKK 12.8m
  2. Fayard A/SDKK 233.5m
  3. Orskov Yard A/SDKK 94.1m
Equity
  1. Altrad Services A/SDKK 37.6m
  2. Fayard A/SDKK 164m
  3. Orskov Yard A/SDKK 109.1m
Employees
  1. Altrad Services A/S467
  2. Fayard A/S165
  3. Orskov Yard A/S246

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
  • Hertel Beheer B.V.100%
Altrad Services A/S

Management

7 active registrations

Executive management

Executive management at Altrad Services A/S
NameRoleAppointed
Anders KristiansenDirector20/01/2025
Anja Lervad KristiansenDirector20/01/2026

Board of directors

Board of directors at Altrad Services A/S
NameRoleAppointed
John Anthony Meade WalshBoard member31/12/2021
Padraig Martin SomersChair of the board31/12/2021
Anders KristiansenBoard member20/01/2026
Anja Lervad KristiansenBoard member20/01/2026
Jonathan Paul GilmoreBoard member20/01/2026
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Founders
KR 332 ApS
Former management (9)
Former management at Altrad Services A/S
NameRoleAppointedResigned
Christina Bruun GeertsenBoard member01/09/202028/01/2021
Bent KemplarDirector01/09/202028/01/2021
Bent KemplarBoard member01/09/202028/01/2021
Jeppe BuskovChair of the board01/09/202028/01/2021
Jens MørkDirector28/01/202120/01/2026
Roy Trøen NedalChair of the board28/01/202131/12/2021
Thorsten HellBoard member28/01/202131/12/2021
James Copeland WestBoard member28/01/202131/12/2021
Jens MørkBoard member31/12/202120/01/2026

Signing rule: Selskabet tegnes af to medlemmer af bestyrelsen i forening.

Address and production units

7 active production units

Nyvang 16
5500 Middelfart

Middelfart Municipality · Postcode 5500

Other companies at the address (4)

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
Esbjerg OfficeBavnehøjvej 5, 6700 Esbjerg3361028973876
KalundborgBiotekparken 9, 4400 Kalundborg691027686547
CrossBridgeEgeskovvej 265, 7000 Fredericia301027686660
Esbjerg WarehouseOddesundvej 32, 6715 Esbjerg N161027686555
Altrad Services A/SNyvang 16, 2, 5500 Middelfart151026235363
VissenbjergHestehavevej 6, 5492 Vissenbjerg11027686539
HillerødYdunsvej 3, 3400 Hillerød–1031039203

Purpose

Selskabets formål er at salg af varer og ydelser indenfor energiindustrien og hermed beslægtet virksomhed, herunder maler- og coating arbejder samt udlejning af stilladser samt al virksomhed, som efter bestyrelsens skøn har forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

41 registered events
20267 changesaccounts 1 · management 6
  • Annual report for 2025 published
  • Jonathan Paul Gilmore appointed board member
  • Anja Lervad Kristiansen appointed board member
  • Anja Lervad Kristiansen appointed director
  • Anders Kristiansen appointed board member
  • Jens Mørk stepped down as board member
  • Jens Mørk stepped down as director
20253 changesaccounts 1 · management 1 · industry 1
  • Annual report for 2024 published
  • Anders Kristiansen appointed director
  • Industry changed to Repair and maintenance of ships and boats (331500)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2021 published
202123 changesname 2 · address 2 · management 14 · ownership 4 · industry 1
  • Name changed from MDK Energy A/S to Altrad Services A/S
  • Moved to Nyvang 16, 2, 5500 Middelfart
  • Jens Mørk appointed board member
  • John Anthony Meade Walsh appointed board member
  • Padraig Martin Somers appointed chair of the board
  • James Copeland West stepped down as board member
  • Roy Trøen Nedal stepped down as chair of the board
  • Thorsten Hell stepped down as board member
  • Hertel Beheer B.V. registered as owner (100%)
  • Muehlhan AG is no longer registered as owner
  • Industry changed to Repair and maintenance of ships and boats (331500)
  • Name changed from KR 639 A/S to MDK Energy A/S
  • Moved to Nyvang 16, 2, 5500 Middelfart
  • James Copeland West appointed board member
  • Roy Trøen Nedal appointed chair of the board
  • Jens Mørk appointed director
  • Thorsten Hell appointed board member
  • Christina Bruun Geertsen stepped down as board member
  • Bent Kemplar stepped down as board member
  • Bent Kemplar stepped down as director
  • Jeppe Buskov stepped down as chair of the board
  • Muehlhan AG registered as owner (100%)
  • KR 332 ApS is no longer registered as owner
20206 changesfounded 1 · management 4 · ownership 1
  • Registered as KR 639 A/S
  • Christina Bruun Geertsen appointed board member
  • Bent Kemplar appointed board member
  • Bent Kemplar appointed director
  • Jeppe Buskov appointed chair of the board
  • KR 332 ApS registered as owner (100%)

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Same people in management

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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 23/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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