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Ardex Skandinavia A/S

Public limited companyCVR 11709214HerlevActive

Ardex Skandinavia A/S is a public limited company, based in Herlev, active in manufacture of paints, varnishes and similar coatings, printing ink and mastics, founded in 1967. Net profit fell 17% from 2024 to 2025, ending at DKK 25.2m. Measured by gross profit, it ranks no. 3 of 30 companies in the industry in the database. With 44 employees, the company is about 9 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 94.6m−7.6% vs. 2024
Net profitDKK 25.2m−16.6% vs. 2024
EquityDKK 131.3m−3.6% vs. 2024
Employees44latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 8% (2024 → 2025), to DKK 94.6m.
  • Net profit fell 17% (2024 → 2025), to DKK 25.2m.
  • Equity fell 4% (2024 → 2025), to DKK 131.3m.

Employees

  • 1 fewer employees than a year earlier: 44 (08/2026) against 45 (08/2025).

Management and owners, last 24 months

  • New in management: Elin Frida Rodenstam (chair of the board, 07/08/2025).
  • Stepped down: Marius Aulich (chair of the board, 07/08/2025).

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 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140mDKK 160m202020212022202320242025
EquityNet profit
Financial figures for Ardex Skandinavia A/S
202020212022202320242025Change
Revenue319,272347,485313,202283,034267,229not stated–
Gross profit120,096125,693111,17189,595102,43094,595−7.6%
Operating profit (EBIT)60,94761,75851,01829,32139,52632,067−18.9%
Profit before tax57,83258,19146,84126,21138,23132,336−15.4%
Net profit45,32545,24136,25819,87030,20525,189−16.6%
Total assets212,519208,179207,815160,691168,761159,770−5.3%
Equity167,226167,295142,696122,016136,134131,262−3.6%
Liabilities42,31838,16562,27135,87429,80625,973−12.9%
Cash and cash equivalents102,01651,85136,57239,33058,29552,134−10.6%
Average number of employees10598100989491−3.2%

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 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 (30 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 Ardex Skandinavia A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202515/06/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202408/07/2025The groupPDFXBRL
202301/01/2023 – 31/12/202310/06/2024The groupPDFXBRL
202201/01/2022 – 31/12/202203/05/2023The groupPDFXBRL
202101/01/2021 – 31/12/202120/06/2022The groupPDFXBRL
202001/01/2020 – 31/12/202009/07/2021The groupPDFXBRL

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
0102030405009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

30 companies in the database

Comparison with the other companies in manufacture of paints, varnishes and similar coatings, printing ink and mastics based on the latest financial year.

Gross profitDKK 94.6mNo. 3 of 30
Better than 93% of the companies in the industry
EquityDKK 131.3mNo. 3 of 30
Better than 93% of the companies in the industry
Number of employees44No. 5 of 30
Better than 86% of the companies in the industry

Industry median: gross profit DKK 2.9m, net profit DKK 563k, equity DKK 3.8m, 5 employees.

DKK 144kDKK 853kDKK 5mDKK 29.9mDKK 97.7mHere
Distribution of gross profit for 29 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. 143of 9,892
Better than 99%
No. 272of 9,922
Better than 97%
Companies that are at least 30 years old10,276 companies in the comparison
No. 893of 10,152
Better than 91%
No. 1,046of 10,275
Better than 90%
All companies of type A/S18,025 companies in the comparison
No. 1,671of 17,786
Better than 91%
No. 1,896of 18,024
Better than 89%

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 paints, varnishes and similar coatings, printing ink and mastics
Gross profit
  1. Ardex Skandinavia A/SDKK 94.6m
  2. Dana Lim A/SDKK 176.7m
  3. Beck & Jørgensen A/SDKK 98.2m
Net profit
  1. Ardex Skandinavia A/SDKK 25.2m
  2. Dana Lim A/SDKK 16m
  3. Beck & Jørgensen A/SDKK 15.8m
Equity
  1. Ardex Skandinavia A/SDKK 131.3m
  2. Dana Lim A/SDKK 175m
  3. Beck & Jørgensen A/SDKK 125.9m
Employees
  1. Ardex Skandinavia A/S44
  2. Dana Lim A/S220
  3. Beck & Jørgensen A/S133

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
  • Ardex Group GmbH100%
Ardex Skandinavia A/S

Management

4 active registrations

Executive management

Executive management at Ardex Skandinavia A/S
NameRoleAppointed
Christian Fuglsang StigelCEO01/11/2023

Board of directors

Board of directors at Ardex Skandinavia A/S
NameRoleAppointed
Gorm Benthin RosborgBoard member02/03/2004
Christian Fuglsang StigelBoard member14/10/2024
Elin Frida RodenstamChair of the board07/08/2025
Former management (19)
Former management at Ardex Skandinavia A/S
NameRoleAppointedResigned
Torsten Valdemar HvidtBoard member14/04/196731/12/2003
Niels Ivar WonsildDirector14/04/196731/12/2013
Heinrich Moritz HessBoard member14/04/196714/08/1991
Poul Erik TullinDirector14/04/196701/06/1993
Klaus Philipp Rudolf DamBoard member14/04/196701/06/1993
Per AndersenBoard member14/04/196711/12/1989
Per AndersenDirector14/04/196711/12/1989
Hans-Ulrich StahlBoard member14/04/196701/06/1993
Dieter Axel GundlachBoard member14/04/196702/02/2010
Reinhard BalkBoard member14/04/196712/05/1999
Reinhard BalkDirector14/04/196704/03/1994
Niels Ivar WonsildBoard member12/05/199901/12/2021
Felix SelingerChair of the board04/02/201020/12/2010
Rüdiger Otto Albert Oberste-PadtbergChair of the board20/12/201001/08/2022
Michael NielsenDirector01/10/201316/05/2023
Michael NielsenBoard member26/03/201416/05/2023
Marius AulichChair of the board01/08/202207/08/2025
Mark EslamlooyDirector16/05/202301/11/2023
Niels Ivar WonsildBoard member01/11/202323/05/2024

Signing rule: Selskabet tegnes af to bestyrelsesmedlemmer i forening eller af en direktør i forening med et bestyrelsesmedlem.

Address and production units

2 active production units

Marielundvej 4
2730 Herlev

Herlev Municipality · Postcode 2730

Production units
Production unitAddressEmployeesP number
ARDEX SKANDINAVIA A/SHecovej 4, 8722 Hedensted241002911118
ARDEX SKANDINAVIA A/SMarielundvej 4, 2730 Herlev91002911106

Purpose

Selskabets formål er fremstilling og salg af kemiske produkter og hjælpestoffer til byggeindustriern i Skandinavien.Selskabet er berettiget til at udøve alle hermed forbundne forretningsmæssige funktioner, det være sig også etablering af yderligere selskaber og delagtighed i andre selskaber

The purpose is quoted from the register in Danish.

Changes year by year

56 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20253 changesmanagement 2 · accounts 1
  • Elin Frida Rodenstam appointed chair of the board
  • Marius Aulich stepped down as chair of the board
  • Annual report for 2024 published
20243 changesmanagement 2 · accounts 1
  • Christian Fuglsang Stigel appointed board member
  • Annual report for 2023 published
  • Niels Ivar Wonsild stepped down as board member
20237 changesmanagement 6 · accounts 1
  • Christian Fuglsang Stigel appointed ceo
  • Niels Ivar Wonsild appointed board member
  • Mark Eslamlooy stepped down as director
  • Mark Eslamlooy appointed director
  • Michael Nielsen stepped down as board member
  • Michael Nielsen stepped down as director
  • Annual report for 2022 published
20223 changesmanagement 2 · accounts 1
  • Marius Aulich appointed chair of the board
  • Rüdiger Otto Albert Oberste-Padtberg stepped down as chair of the board
  • Annual report for 2021 published
20212 changesmanagement 1 · accounts 1
  • Niels Ivar Wonsild stepped down as board member
  • Annual report for 2020 published
20181 changeaddress 1
  • Moved to Marielundvej 4, 2730 Herlev
20141 changemanagement 1
  • Michael Nielsen appointed board member
20132 changesmanagement 2
  • Niels Ivar Wonsild stepped down as director
  • Michael Nielsen appointed director
20104 changesmanagement 4
  • Rüdiger Otto Albert Oberste-Padtberg appointed chair of the board
  • Felix Selinger stepped down as chair of the board
  • Felix Selinger appointed chair of the board
  • Dieter Axel Gundlach stepped down as board member
20081 changeindustry 1
  • Industry changed to Manufacture of paints, varnishes and similar coatings, printing ink and mastics (203000)
20041 changemanagement 1
  • Gorm Benthin Rosborg appointed board member
20031 changemanagement 1
  • Torsten Valdemar Hvidt stepped down as board member
20011 changeaddress 1
  • Moved to Marielundvej 4, 2730 Herlev
19992 changesmanagement 2
  • Niels Ivar Wonsild appointed board member
  • Reinhard Balk stepped down as board member
19961 changecapital 1
  • Share capital changed from 5,000,000 DKK to 16,700,000 DKK
19941 changemanagement 1
  • Reinhard Balk stepped down as director
19933 changesmanagement 3
  • Hans-Ulrich Stahl stepped down as board member
  • Klaus Philipp Rudolf Dam stepped down as board member
  • Poul Erik Tullin stepped down as director
19911 changemanagement 1
  • Heinrich Moritz Hess stepped down as board member
19892 changesmanagement 2
  • Per Andersen stepped down as director
  • Per Andersen stepped down as board member
19872 changesname 1 · capital 1
  • Name changed from ARDEX CHEMIE SKANDINAVIA A/S to ARDEX SKANDINAVIA A/S
  • Share capital changed from 4,500,000 DKK to 5,000,000 DKK
196713 changesfounded 1 · management 11 · ownership 1
  • Registered as ARDEX CHEMIE SKANDINAVIA A/S
  • Torsten Valdemar Hvidt appointed board member
  • Reinhard Balk appointed director
  • Reinhard Balk appointed board member
  • Dieter Axel Gundlach appointed board member
  • Hans-Ulrich Stahl appointed board member
  • Per Andersen appointed director
  • Per Andersen appointed board member
  • Klaus Philipp Rudolf Dam appointed board member
  • Poul Erik Tullin appointed director
  • Heinrich Moritz Hess appointed board member
  • Niels Ivar Wonsild appointed director
  • Ardex Group GmbH registered as owner (100%)

Related companies

Same people in management

Largest in the industry

See all →

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