Arm af 20/8 1959 A/S
Public limited companyCVR 15623004HorsensActive
Arm af 20/8 1959 A/S is a public limited company, based in Horsens, active in investment on own account, founded in 1991. Net profit fell 36% from 2024 to 2025, ending at DKK 5.2m. With 4 employees, the company is about 4 times larger than the industry median. 6 people are registered in the company's management and ownership.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Net profit fell 36% (2024 → 2025), to DKK 5.2m.
- Equity rose 7% (2024 → 2025), to DKK 79.8m.
Registrations, last 24 months
- 01/01/2025: Industry changed to Investment on own account (649910)
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | 0 | not stated | not stated | not stated | – |
| Gross profit | −97 | −122 | −142 | −108 | −132 | −125 | +5.4% |
| Operating profit (EBIT) | −1,007 | −1,242 | −1,262 | – | – | – | – |
| Profit before tax | 4,218 | 7,705 | −11,984 | 10,111 | 9,517 | 6,768 | −28.9% |
| Net profit | 2,893 | 5,913 | −12,101 | 9,957 | 8,100 | 5,198 | −35.8% |
| Total assets | 63,781 | 70,508 | 56,839 | 66,555 | 75,641 | 80,278 | +6.1% |
| Equity | 62,762 | 68,674 | 56,573 | 66,530 | 74,630 | 79,828 | +7% |
| Liabilities | 1,019 | 1,834 | 266 | 25 | 1,011 | 451 | −55.4% |
| Cash and cash equivalents | 373 | 1,692 | 541 | 277 | 607 | 644 | +6.1% |
| Average number of employees | 2 | 2 | 2 | 2 | 2 | 2 | 0% |
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, 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
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 04/03/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 01/04/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 12/03/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 07/03/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 12/03/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 05/04/2021 | The company | PDFXBRL |
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 CVRPosition in the industry
655 companies in the databaseComparison with the other companies in investment on own account based on the latest financial year.
Industry median: gross profit −DKK 36,065, net profit DKK 364k, equity DKK 22.5m, 1 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 66,269of 69,742 Better than 5% | No. 2,168of 69,964 Better than 97% |
| Same industry and fewer than 20 employees636 companies in the comparison | No. 412of 606 Better than 32% | No. 177of 636 Better than 72% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 9,725of 10,152 Better than 4% | No. 1,476of 10,275 Better than 86% |
| All companies of type A/S18,025 companies in the comparison | No. 16,912of 17,786 Better than 5% | No. 2,655of 18,024 Better than 85% |
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
Investment on own account- Arm af 20/8 1959 A/S−DKK 125k
- Obton A/SDKK 876.4m
- MS2 Holding ApSDKK 841.3m
- Arm af 20/8 1959 A/SDKK 5.2m
- Obton A/SDKK 463.9m
- MS2 Holding ApSDKK 136.9m
- Arm af 20/8 1959 A/SDKK 79.8m
- Obton A/S−DKK 219.2m
- MS2 Holding ApSDKK 1.2bn
- Arm af 20/8 1959 A/S4
- Obton A/S11
- MS2 Holding ApS7
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Annette Raackmann Madsen100%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Bent Madsen | Director | 01/11/1991 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Annette Raackmann Madsen | Chair of the board | 01/11/1991 |
| Bent Madsen | Board member | 01/11/1991 |
| Steffen Ebdrup | Board member | 17/11/2014 |
| Caroline Raackmann Madsen | Board member | 10/03/2021 |
- Founders
- Asker Tage Larsen, Annette Raackmann Madsen, Bent Madsen
Former management (3)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Asker Tage Larsen | Board member | 01/11/1991 | 12/04/2002 |
| Søren Østergård Schmidt | Board member | 12/04/2002 | 10/11/2006 |
| Caroline Raackmann Madsen | Board member | 10/11/2006 | 17/11/2014 |
Signing rule: Selskabet tegnes af bestyrelsesformanden, af to bestyrelsesmedlemmer i forening eller af et bestyrelsesmedlem i forening med en direktør.
Address and production units
1 active production unitsStrandvænget 9
8700 Horsens
| Production unit | Address | Employees | P number |
|---|---|---|---|
| ARM AF 20/8 1959 A/S | Strandvænget 9, Husodde, 8700 Horsens | 4 | 1000951727 |
Purpose
Selskabets formål er investering i virksomheder inden for handel, industri og finansiering, investering i og udlejning af fast ejndom, samt investering i værdipapir og hermed beslægtede formål.
The purpose is quoted from the register in Danish.
Changes year by year
22 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Investment on own account (649910)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20212 changesaccounts 1 · management 1
- AccountsAnnual report for 2020 published
- ManagementCaroline Raackmann Madsen appointed board member
20142 changesmanagement 2
- ManagementSteffen Ebdrup appointed board member
- ManagementCaroline Raackmann Madsen stepped down as board member
20071 changeaddress 1
- AddressMoved to Strandvænget 9, Husodde, 8700 Horsens
20062 changesmanagement 2
- ManagementCaroline Raackmann Madsen appointed board member
- ManagementSøren Østergård Schmidt stepped down as board member
20031 changeindustry 1
- IndustryIndustry changed to Investeringsselskaber (652320)
20022 changesmanagement 2
- ManagementSøren Østergård Schmidt appointed board member
- ManagementAsker Tage Larsen stepped down as board member
19916 changesfounded 1 · management 4 · ownership 1
- FoundedRegistered as ARM AF 20/8 1959 A/S
- ManagementBent Madsen appointed board member
- ManagementAnnette Raackmann Madsen appointed chair of the board
- ManagementAsker Tage Larsen appointed board member
- ManagementBent Madsen appointed director
- OwnershipAnnette Raackmann Madsen registered as owner (100%)
Related companies
Same industry in Horsens
- HeRoed's ApS35 employees
- Værsø Invest ApS7 employees
- Holdingselskabet Løvbjerg A/S5 employees
- Hammergaard ApS2 employees
- SR af 1.10 2025 ApS2 employees
- Julen Varer Lige Til Påske ApS2 employees
Same people in management
- Det Nordjyske Mediehus A/Svia Steffen Ebdrup
- Fertin Pharma A/Svia Steffen Ebdrup
- Axel Kaufmann ApSvia Steffen Ebdrup
- Mind Energy A/Svia Steffen Ebdrup
- Forsyning Helsingør Service A/Svia Steffen Ebdrup
- Easyfood A/Svia Steffen Ebdrup
Largest in the industry
- Obton A/SDKK 876.4m
- MS2 Holding ApSDKK 841.3m
- Kapitalen ApSDKK 354.6m
- Link Top Holding A/SDKK 261.4m
- Travelheart Family A/SDKK 256.3m
- NavisionGroup ApSDKK 230m
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.