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Armatec A/S

Public limited companyCVR 42685313GlostrupActive

Armatec A/S is a public limited company, based in Glostrup, active in wholesale of mining, construction and civil engineering machinery, founded in 1972. Net profit rose 20% from 2024 to 2025, ending at DKK 28m. Measured by gross profit, it ranks no. 6 of 101 companies in the industry in the database. Profit has grown three years in a row.

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Key figures · financial year 2025

Gross profitDKK 88.4m+9.7% vs. 2024
Net profitDKK 28m+19.8% vs. 2024
EquityDKK 53.2m+10.4% vs. 2024
Employees59latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 10% (2024 → 2025), to DKK 88.4m.
  • Net profit rose 20% (2024 → 2025), to DKK 28m.
  • Equity rose 10% (2024 → 2025), to DKK 53.2m.

Employees

  • 5 fewer employees than a year earlier: 59 (07/2026) against 64 (07/2025).

Management and owners, last 24 months

  • New in management: Carina Herholdt Jensen (board member, 12/12/2024) and Johannes Albin Hallmann (board member, 18/05/2026).
  • Stepped down: Jacob Hjortshøj (board member, 12/12/2024), Arne John Noesgaard (board member, 12/12/2024) and Roy Anders Nygren (board member, 12/12/2024) (+1).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Wholesale of mining, construction and civil engineering machinery (466300)

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 Armatec A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit32,84932,43365,79370,43880,59088,390+9.7%
Operating profit (EBIT)8,7427,53819,68623,85930,25636,216+19.7%
Profit before tax8,7677,53119,11423,45029,98835,916+19.8%
Net profit6,8275,87314,87918,21223,38528,010+19.8%
Total assets31,43135,04175,42273,04583,65295,596+14.3%
Equity18,92818,30138,60642,81848,20353,213+10.4%
Liabilities12,50316,73936,62529,91635,33142,383+20%
Cash and cash equivalents8451121169940−59.3%
Average number of employees363654616361−3.2%

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 20mDKK 40mDKK 60mDKK 80m202020212022202320242025
Gross profitMedian, the industry (101 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 Armatec A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202523/03/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202412/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202303/04/2024The companyPDFXBRL
202201/01/2022 – 31/12/202217/03/2023The companyPDFXBRL
202101/01/2021 – 31/12/202117/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202012/03/2021The 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
01020304050607008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

101 companies in the database

Comparison with the other companies in wholesale of mining, construction and civil engineering machinery based on the latest financial year.

Gross profitDKK 88.4mNo. 6 of 101
Better than 95% of the companies in the industry
EquityDKK 53.2mNo. 18 of 101
Better than 83% of the companies in the industry
Number of employees59No. 9 of 101
Better than 92% of the companies in the industry

Industry median: gross profit DKK 7.9m, net profit DKK 1.1m, equity DKK 8.8m, 8 employees.

DKK 100kDKK 723kDKK 5.2mDKK 37.7mDKK 141mHere
Distribution of gross profit for 100 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. 823of 4,412
Better than 81%
No. 1,171of 4,466
Better than 74%
Companies that are at least 30 years old10,276 companies in the comparison
No. 941of 10,152
Better than 91%
No. 1,917of 10,275
Better than 81%
All companies of type A/S18,025 companies in the comparison
No. 1,755of 17,786
Better than 90%
No. 3,445of 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

Wholesale of mining, construction and civil engineering machinery
Gross profit
  1. Armatec A/SDKK 88.4m
  2. Techtronic Industries Nordic ApSDKK 272.5m
  3. Volvo Entreprenørmaskiner A/SDKK 203.8m
Net profit
  1. Armatec A/SDKK 28m
  2. Techtronic Industries Nordic ApSDKK 74.7m
  3. Volvo Entreprenørmaskiner A/SDKK 25.1m
Equity
  1. Armatec A/SDKK 53.2m
  2. Techtronic Industries Nordic ApSDKK 78m
  3. Volvo Entreprenørmaskiner A/SDKK 115m
Employees
  1. Armatec A/S59
  2. Techtronic Industries Nordic ApS217
  3. Volvo Entreprenørmaskiner A/S142

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
  • Flow Technology ERG AB100%
Armatec A/S

Management

5 active registrations

Executive management

Executive management at Armatec A/S
NameRoleAppointed
Jens Stig BrammerDirector01/12/2019

Board of directors

Board of directors at Armatec A/S
NameRoleAppointed
Jens Stig BrammerBoard member04/03/2020
Sven Fredrik SkarpChair of the board18/12/2023
Carina Herholdt JensenBoard member12/12/2024
Johannes Albin HallmannBoard member18/05/2026
Former management (20)
Former management at Armatec A/S
NameRoleAppointedResigned
Jacob HjortshøjBoard member18/12/197212/12/2024
Henrik Lisberg NielsenBoard member18/12/197225/01/1991
Jytte Margrethe NielsenBoard member18/12/197225/01/1991
Arne John NoesgaardBoard member18/12/197212/12/2024
Arne John NoesgaardDirector18/12/197201/12/2019
Jørgen Aage NielsenBoard member18/12/197224/05/1993
Jørgen Aage NielsenDirector18/12/197208/11/1991
Per Yngve HallbergChair of the board18/12/197211/03/1996
Eric HielteBoard member18/12/197230/03/1998
Lennart Per Helge SjögrenChair of the board18/12/197220/12/1999
Hans RamérChair of the board20/01/200002/01/2007
Sten Anders FraggstedtBoard member16/02/200002/03/2000
Steffen KnudsenBoard member12/03/200121/04/2003
Jonas VictorssonBoard member03/11/200507/08/2018
Lars Peter Agne IhrfeltChair of the board02/01/200701/02/2014
Eva Irene KarlssonChair of the board01/02/201401/01/2020
Lennart Andreas BohlinBoard member07/08/201801/07/2020
Jan Fredrik StåhlChair of the board01/01/202018/12/2023
Roy Anders NygrenBoard member01/07/202012/12/2024
Michael Brinch SørensenBoard member13/03/202312/12/2024

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

Address and production units

2 active production units

Mjølnersvej 4
2600 Glostrup

Glostrup Municipality · Postcode 2600

Production units
Production unitAddressEmployeesP number
ARMATEC A/SMjølnersvej 4-8, 2600 Glostrup11001829239
Armatec A/SFerrarivej 14A, 7100 Vejle–1028535658

Purpose

Selskabets formål er at drive grossistvirksomhed med specialventiler, samt anden hermed beslægtet handel og fabrikation efter bestyrelsens skøn

The purpose is quoted from the register in Danish.

Changes year by year

63 registered events
20262 changesmanagement 1 · accounts 1
  • Johannes Albin Hallmann appointed board member
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Wholesale of mining, construction and civil engineering machinery (466300)
20246 changesmanagement 5 · accounts 1
  • Carina Herholdt Jensen appointed board member
  • Michael Brinch Sørensen stepped down as board member
  • Roy Anders Nygren stepped down as board member
  • Arne John Noesgaard stepped down as board member
  • Jacob Hjortshøj stepped down as board member
  • Annual report for 2023 published
20236 changesmanagement 3 · ownership 2 · accounts 1
  • Sven Fredrik Skarp appointed chair of the board
  • Jan Fredrik Ståhl stepped down as chair of the board
  • Flow Technology ERG AB registered as owner (100%)
  • Armatec AB is no longer registered as owner
  • Annual report for 2022 published
  • Michael Brinch Sørensen appointed board member
20223 changescapital 1 · merger 1 · accounts 1
  • Share capital changed from 1,000,000 DKK to 1,501,000 DKK
  • Merger registered in CVR
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20205 changesmanagement 5
  • Roy Anders Nygren appointed board member
  • Lennart Andreas Bohlin stepped down as board member
  • Jens Stig Brammer appointed board member
  • Jan Fredrik Ståhl appointed chair of the board
  • Eva Irene Karlsson stepped down as chair of the board
20192 changesmanagement 2
  • Jens Stig Brammer appointed director
  • Arne John Noesgaard stepped down as director
20182 changesmanagement 2
  • Lennart Andreas Bohlin appointed board member
  • Jonas Victorsson stepped down as board member
20142 changesmanagement 2
  • Eva Irene Karlsson appointed chair of the board
  • Lars Peter Agne Ihrfelt stepped down as chair of the board
20081 changeindustry 1
  • Industry changed to Wholesale of mining, construction and civil engineering machinery (466300)
20072 changesmanagement 2
  • Lars Peter Agne Ihrfelt appointed chair of the board
  • Hans Ramér stepped down as chair of the board
20051 changemanagement 1
  • Jonas Victorsson appointed board member
20031 changemanagement 1
  • Steffen Knudsen stepped down as board member
20012 changesmerger 1 · management 1
  • Merger registered in CVR
  • Steffen Knudsen appointed board member
20004 changesaddress 1 · management 3
  • Moved to Mjølnersvej 4-8, 2600 Glostrup
  • Sten Anders Fraggstedt stepped down as board member
  • Sten Anders Fraggstedt appointed board member
  • Hans Ramér appointed chair of the board
19991 changemanagement 1
  • Lennart Per Helge Sjögren stepped down as chair of the board
19981 changemanagement 1
  • Eric Hielte stepped down as board member
19961 changemanagement 1
  • Per Yngve Hallberg stepped down as chair of the board
19952 changescapital 1 · ownership 1
  • Share capital changed from 300,000 DKK to 1,000,000 DKK
  • Armatec AB registered as owner (100%)
19941 changename 1
  • Name changed from JØRGEN A. NIELSEN A/S to ARMATEC A/S
19931 changemanagement 1
  • Jørgen Aage Nielsen stepped down as board member
19913 changesmanagement 3
  • Jørgen Aage Nielsen stepped down as director
  • Jytte Margrethe Nielsen stepped down as board member
  • Henrik Lisberg Nielsen stepped down as board member
197211 changesfounded 1 · management 10
  • Registered as JØRGEN A. NIELSEN A/S
  • Eric Hielte appointed board member
  • Per Yngve Hallberg appointed chair of the board
  • Jørgen Aage Nielsen appointed director
  • Jørgen Aage Nielsen appointed board member
  • Arne John Noesgaard appointed director
  • Arne John Noesgaard appointed board member
  • Jytte Margrethe Nielsen appointed board member
  • Jacob Hjortshøj appointed board member
  • Henrik Lisberg Nielsen appointed board member
  • Lennart Per Helge Sjögren appointed chair of the board

Related companies

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