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Aquagain - Folding Smed A/S

Public limited companyCVR 54249616BrørupActive

Aquagain - Folding Smed A/S is a public limited company, based in Brørup, active in manufacture of other general-purpose machinery n.e.c., founded in 1975. Net profit rose 215% from 2024 to 2025, ending at DKK 10.7m. Profit has grown three years in a row. With 83 employees, the company is about 5 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 65.9m+54.5% vs. 2024
Net profitDKK 10.7m+214.7% vs. 2024
EquityDKK 28.3m+60.6% vs. 2024
Employees83latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 55% (2024 → 2025), to DKK 65.9m.
  • Net profit rose 215% (2024 → 2025), to DKK 10.7m.
  • Equity rose 61% (2024 → 2025), to DKK 28.3m.

Employees

  • 3 fewer employees than a year earlier: 83 (07/2026) against 86 (07/2025).

Management and owners, last 24 months

  • New in management: Karsten Buchhave (chair of the board, 18/03/2026), Steen Buhl Larsen (ceo, 18/03/2026) and Bo Boelck Jacobsen (board member, 18/03/2026) (+3).
  • Stepped down: Aslak Skjøth (board member, 18/03/2026), Helle Skjøth (board member, 18/03/2026) and Lars Kent Jensen (board member, 18/03/2026) (+1).
  • New owners registered: Aquagain Invest ApS (18/03/2026).
  • No longer registered as owner: Folding Smed Holding ApS (18/03/2026).

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 5mDKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30m202020212022202320242025
EquityNet profit
Financial figures for Aquagain - Folding Smed A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit32,46226,98934,87337,26142,67465,950+54.5%
Operating profit (EBIT)5,158−1,4382,6532,1155,36415,828+195.1%
Profit before tax4,466−1,9791,4791,1064,40014,474+229%
Net profit3,251−1,4421,0689803,39910,696+214.7%
Total assets38,80834,12753,84148,87052,87392,190+74.4%
Equity14,38911,87312,98314,00017,60328,275+60.6%
Liabilities22,94920,81539,00732,99332,33358,422+80.7%
Cash and cash equivalents9161,1725,2225,3617,6123,856−49.3%
Average number of employees515558615875+29.3%

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 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60mDKK 70m202020212022202320242025
Gross profitMedian, the industry (123 companies)

Annual reports

6 financial years
Annual reports for Aquagain - Folding Smed A/S
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202513/02/2026The companyPDF not statedXBRL
202401/10/2023 – 30/09/202428/01/2025The companyPDFXBRL
202301/10/2022 – 30/09/202321/03/2024The companyPDFXBRL
202201/10/2021 – 30/09/202229/03/2023The companyPDFXBRL
202101/10/2020 – 30/09/202122/02/2022The companyPDFXBRL
202001/10/2019 – 30/09/202018/01/2021The 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
02040608010008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

123 companies in the database

Comparison with the other companies in manufacture of other general-purpose machinery n.e.c. based on the latest financial year.

Gross profitDKK 65.9mNo. 12 of 122
Better than 91% of the companies in the industry
EquityDKK 28.3mNo. 27 of 123
Better than 79% of the companies in the industry
Number of employees83No. 15 of 123
Better than 89% of the companies in the industry

Industry median: gross profit DKK 11.5m, net profit DKK 678k, equity DKK 7.2m, 17 employees.

DKK 100kDKK 804kDKK 6.5mDKK 52.1mDKK 209mHere
Distribution of gross profit for 114 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. 1,258of 4,412
Better than 72%
No. 1,811of 4,466
Better than 59%
Same industry and 50–199 employees27 companies in the comparison
No. 10of 27
Better than 65%
No. 18of 27
Better than 35%
Companies that are at least 30 years old10,276 companies in the comparison
No. 1,196of 10,152
Better than 88%
No. 2,849of 10,275
Better than 72%
All companies of type A/S18,025 companies in the comparison
No. 2,282of 17,786
Better than 87%
No. 5,102of 18,024
Better than 72%

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

Manufacture of other general-purpose machinery n.e.c.
Gross profit
  1. Aquagain - Folding Smed A/SDKK 65.9m
  2. Nilfisk Holding A/SDKK 418.7m
  3. BWT Danmark A/SDKK 237.5m
Net profit
  1. Aquagain - Folding Smed A/SDKK 10.7m
  2. Nilfisk Holding A/S−DKK 36.7m
  3. BWT Danmark A/SDKK 75.1m
Equity
  1. Aquagain - Folding Smed A/SDKK 28.3m
  2. Nilfisk Holding A/SDKK 264.6m
  3. BWT Danmark A/SDKK 137.8m
Employees
  1. Aquagain - Folding Smed A/S83
  2. Nilfisk Holding A/S2
  3. BWT Danmark A/S229

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
  • Aquagain Invest ApS100%
Aquagain - Folding Smed A/S

Management

7 active registrations

Executive management

Executive management at Aquagain - Folding Smed A/S
NameRoleAppointed
Aslak SkjøthDirector16/09/1975
Steen Buhl LarsenCEO18/03/2026
Peter EskelundDirector18/03/2026

Board of directors

Board of directors at Aquagain - Folding Smed A/S
NameRoleAppointed
Karsten BuchhaveChair of the board18/03/2026
Bo Boelck JacobsenBoard member18/03/2026
Johan Cordsen BuchhaveBoard member18/03/2026
Mads LauritsenBoard member18/03/2026
Former management (9)
Former management at Aquagain - Folding Smed A/S
NameRoleAppointedResigned
Karl SkjøthDirector16/09/197518/05/1993
Aslak SkjøthBoard member15/04/200218/03/2026
Karl SkjøthBoard member15/04/200201/05/2008
Helle SkjøthBoard member15/04/200218/03/2026
Gert Refslund FredslundBoard member24/02/200415/12/2016
Lars Kent JensenBoard member28/11/200618/03/2026
Jens Langelund-LarsenBoard member15/12/201618/03/2026
Poul MadsenDirector10/09/202114/12/2021
Niels BrixBoard member11/03/202319/09/2023

Signing rule: Selskabet tegnes af en direktør i forening med bestyrelsesformanden, af den administrerende direktør i forening med et bestyrelsesmedlem, af to bestyrelsesmedlemmer i forening, eller af den samlede bestyrelse.

Address and production units

1 active production units

Vælding Bjergvej 4
6650 Brørup

Vejen Municipality · Postcode 6650

Production units
Production unitAddressEmployeesP number
AQUAGAIN - FOLDING SMED A/SVælding Bjergvej 4, Folding, 6650 Brørup741002015532

Purpose

Selskabets formål er at drive handel, håndværk, industri og finansiering samt anden dertil knyttet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

43 registered events
202613 changesmanagement 10 · ownership 2 · accounts 1
  • Karsten Buchhave appointed chair of the board
  • Mads Lauritsen appointed board member
  • Peter Eskelund appointed director
  • Johan Cordsen Buchhave appointed board member
  • Bo Boelck Jacobsen appointed board member
  • Steen Buhl Larsen appointed ceo
  • Jens Langelund-Larsen stepped down as board member
  • Lars Kent Jensen stepped down as board member
  • Helle Skjøth stepped down as board member
  • Aslak Skjøth stepped down as board member
  • Aquagain Invest ApS registered as owner (100%)
  • FOLDING SMED HOLDING ApS is no longer registered as owner
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20233 changesmanagement 2 · accounts 1
  • Niels Brix stepped down as board member
  • Annual report for 2022 published
  • Niels Brix appointed board member
20221 changeaccounts 1
  • Annual report for 2021 published
20213 changesmanagement 2 · accounts 1
  • Poul Madsen stepped down as director
  • Poul Madsen appointed director
  • Annual report for 2020 published
20162 changesmanagement 2
  • Jens Langelund-Larsen appointed board member
  • Gert Refslund Fredslund stepped down as board member
20121 changecapital 1
  • Share capital changed from 500,000 DKK to 1,000,000 DKK
20082 changesmanagement 1 · industry 1
  • Karl Skjøth stepped down as board member
  • Industry changed to Manufacture of other general-purpose machinery n.e.c. (282900)
20072 changesindustry 1 · address 1
  • Industry changed to Anden servicevirksomhed i øvrigt (930500)
  • Moved to Vælding Bjergvej 4, Folding, 6650 Brørup
20061 changemanagement 1
  • Lars Kent Jensen appointed board member
20041 changemanagement 1
  • Gert Refslund Fredslund appointed board member
20025 changesname 1 · capital 1 · management 3
  • Name changed from FOLDING SMED ApS to AQUAGAIN - FOLDING SMED A/S
  • Share capital changed from 200,000 DKK to 500,000 DKK
  • Helle Skjøth appointed board member
  • Karl Skjøth appointed board member
  • Aslak Skjøth appointed board member
20011 changeindustry 1
  • Industry changed to Fremstilling af salgsautomater, varmevekslere, centrifuger mv. (292490)
19971 changeownership 1
  • FOLDING SMED HOLDING ApS registered as owner (100%)
19961 changecapital 1
  • Share capital changed from 80,000 DKK to 200,000 DKK
19931 changemanagement 1
  • Karl Skjøth stepped down as director
19753 changesfounded 1 · management 2
  • Registered as FOLDING SMED ApS
  • Aslak Skjøth appointed director
  • Karl Skjøth appointed director

Related companies

Same industry in Vejen

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.

View in CVRReport a correction