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Andco A/S

Public limited companyCVR 21705535København KActive

Andco A/S is a public limited company, based in København K, active in planning and design of advertising campaigns, founded in 1999. Measured by gross profit, it ranks no. 8 of 715 companies in the industry in the database. Profit has grown three years in a row. With 76 employees, the company is about 25 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 74.2m+1.8% vs. 2024
Net profitDKK 9.2m+1.7% vs. 2024
EquityDKK 54.1m+20.4% vs. 2024
Employees76latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 2% (2024 → 2025), to DKK 74.2m.
  • Net profit rose 2% (2024 → 2025), to DKK 9.2m.
  • Equity rose 20% (2024 → 2025), to DKK 54.1m.

Employees

  • 3 fewer employees than a year earlier: 76 (08/2026) against 79 (08/2025).

Management and owners, last 24 months

  • New in management: Benjamin Borch (board member, 06/03/2026).
  • Stepped down: Thomas Francois Hoffmann (board member, 06/03/2026).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Planning and design of advertising campaigns (731110)

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 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50m202020212022202320242025
EquityNet profit
Financial figures for Andco A/S
202020212022202320242025Change
Revenue128,675161,661164,034145,328not statednot stated–
Gross profit59,03576,40177,47176,08272,91874,244+1.8%
Operating profit (EBIT)6,49314,91912,1498,49911,47810,949−4.6%
Profit before tax6,67514,59311,9388,11011,57111,812+2.1%
Net profit5,19211,3309,3006,2339,0129,163+1.7%
Total assets107,755121,110128,687108,014133,634114,150−14.6%
Equity29,07840,40849,70835,94144,95354,116+20.4%
Liabilities77,01977,96076,76269,20185,59357,424−32.9%
Cash and cash equivalents63,94868,90066,07944,53459,05674,148+25.6%
Average number of employees758191857277+6.9%

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. Revenue is not stated for 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 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60mDKK 70mDKK 80m202020212022202320242025
Gross profitMedian, the industry (716 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 Andco A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202510/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202411/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202328/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202230/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202118/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202028/05/2021The 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
02040608010009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

716 companies in the database

Comparison with the other companies in planning and design of advertising campaigns based on the latest financial year.

Gross profitDKK 74.2mNo. 8 of 715
Better than 99% of the companies in the industry
EquityDKK 54.1mNo. 9 of 716
Better than 99% of the companies in the industry
Number of employees76No. 10 of 716
Better than 99% of the companies in the industry

Industry median: gross profit DKK 2.1m, net profit DKK 163k, equity DKK 649k, 3 employees.

DKK 100kDKK 840kDKK 7.1mDKK 59.2mDKK 244.8mHere
Distribution of gross profit for 685 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 50–199 employees4,467 companies in the comparison
No. 1,053of 4,412
Better than 76%
No. 1,153of 4,466
Better than 74%
Same industry and 50–199 employees24 companies in the comparison
No. 6of 24
Better than 78%
No. 6of 24
Better than 78%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 950of 24,791
Better than 96%
No. 2,202of 24,909
Better than 91%
All companies of type A/S18,025 companies in the comparison
No. 2,031of 17,786
Better than 89%
No. 3,406of 18,024
Better than 81%

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

Planning and design of advertising campaigns
Gross profit
  1. Andco A/SDKK 74.2m
  2. WPP Enterprise Solutions MAP A/SDKK 497.5m
  3. Omnicom Media Group A/SDKK 196.3m
Net profit
  1. Andco A/SDKK 9.2m
  2. WPP Enterprise Solutions MAP A/SDKK 175.1m
  3. Omnicom Media Group A/SDKK 28.6m
Equity
  1. Andco A/SDKK 54.1m
  2. WPP Enterprise Solutions MAP A/SDKK 163.9m
  3. Omnicom Media Group A/SDKK 143m
Employees
  1. Andco A/S76
  2. WPP Enterprise Solutions MAP A/S497
  3. Omnicom Media Group A/S76

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
  • The North Alliance Norge AS100%
Andco A/S

Management

4 active registrations

Executive management

Executive management at Andco A/S
NameRoleAppointed
Ørnulf JohnsenCEO20/09/2021

Board of directors

Board of directors at Andco A/S
NameRoleAppointed
Lars Eivind KrekenBoard member15/02/2016
Mikael Ernst JørgensenChair of the board20/09/2021
Benjamin BorchBoard member06/03/2026
Founders
NORD DDB Copenhagen ApS
Former management (15)
Former management at Andco A/S
NameRoleAppointedResigned
Peter LerbrandtBoard member18/05/199927/06/2002
Poul Erik MikkelsenBoard member18/05/199930/08/2010
Poul Erik MikkelsenDirector18/05/199909/12/1999
Søren KyllebækChair of the board18/05/199918/01/2005
Mikael Ernst JørgensenDirector09/12/199920/09/2021
Mikael Ernst JørgensenBoard member27/06/200223/01/2014
Thomas Francois HoffmannBoard member27/06/200223/01/2014
Johnny Emil Søbæk HenriksenChair of the board18/01/200530/08/2010
Robert Karl Mikael CerkezChair of the board30/08/201023/01/2014
Thomas HøgebølChair of the board23/01/201420/09/2021
Espen StenumgårdBoard member23/01/201426/03/2015
Andreas Hurtsén-FredmarkBoard member23/01/201427/05/2014
Line HaugetraaBoard member27/05/201426/03/2015
Thomas Francois HoffmannBoard member26/03/201506/03/2026
Frederik ZimmerBoard member26/03/201515/02/2016

Signing rule: Selskabet tegnes af bestyrelsens formand, direktøren i forening med et bestyrelsesmedlem, af to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.

Address and production units

1 active production units

Adelgade 12
1304 København K

København Municipality · Postcode 1304

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
ANDCO A/SAdelgade 12, 4, 1304 København K761005142146

Purpose

Selskabets formål er reklamevirksomhed og dermed forbundne aktiviteter.

The purpose is quoted from the register in Danish.

Changes year by year

49 registered events
20263 changesaccounts 1 · management 2
  • Annual report for 2025 published
  • Benjamin Borch appointed board member
  • Thomas Francois Hoffmann stepped down as board member
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Planning and design of advertising campaigns (731110)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20215 changesmanagement 4 · accounts 1
  • Ørnulf Johnsen appointed ceo
  • Mikael Ernst Jørgensen appointed chair of the board
  • Thomas Høgebøl stepped down as chair of the board
  • Mikael Ernst Jørgensen stepped down as director
  • Annual report for 2020 published
20171 changeaddress 1
  • Moved to Adelgade 12, 4, 1304 København K
20162 changesmanagement 2
  • Lars Eivind Kreken appointed board member
  • Frederik Zimmer stepped down as board member
20154 changesmanagement 4
  • Frederik Zimmer appointed board member
  • Thomas Francois Hoffmann appointed board member
  • Line Haugetraa stepped down as board member
  • Espen Stenumgård stepped down as board member
20149 changesmanagement 8 · ownership 1
  • Line Haugetraa appointed board member
  • Andreas Hurtsén-Fredmark stepped down as board member
  • Thomas Høgebøl appointed chair of the board
  • Espen Stenumgård appointed board member
  • Andreas Hurtsén-Fredmark appointed board member
  • Robert Karl Mikael Cerkez stepped down as chair of the board
  • Thomas Francois Hoffmann stepped down as board member
  • Mikael Ernst Jørgensen stepped down as board member
  • The North Alliance Norge AS registered as owner (100%)
20131 changeaddress 1
  • Moved to Bredgade 6, 4. th, 1260 København K
20103 changesmanagement 3
  • Robert Karl Mikael Cerkez appointed chair of the board
  • Johnny Emil Søbæk Henriksen stepped down as chair of the board
  • Poul Erik Mikkelsen stepped down as board member
20081 changeindustry 1
  • Industry changed to Planning and design of advertising campaigns (731110)
20052 changesmanagement 2
  • Johnny Emil Søbæk Henriksen appointed chair of the board
  • Søren Kyllebæk stepped down as chair of the board
20031 changeaddress 1
  • Moved to Store Strandstræde 9, 3, 1255 København K
20023 changesmanagement 3
  • Thomas Francois Hoffmann appointed board member
  • Mikael Ernst Jørgensen appointed board member
  • Peter Lerbrandt stepped down as board member
20011 changeaddress 1
  • Moved to Shellhuset Kampmannsgade 2, 1780 København V
20001 changeaddress 1
  • Moved to Gothersgade 49, 1, 1123 København K
19997 changesmanagement 6 · founded 1
  • Mikael Ernst Jørgensen appointed director
  • Poul Erik Mikkelsen stepped down as director
  • Registered as ANDCO A/S
  • Peter Lerbrandt appointed board member
  • Poul Erik Mikkelsen appointed board member
  • Søren Kyllebæk appointed chair of the board
  • Poul Erik Mikkelsen appointed director

Related companies

Same industry in København

See all →

Same people in management

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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