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Badelement A/S

Public limited companyCVR 31752469HorsensActive

Badelement A/S is a public limited company, based in Horsens, active in wholesale of wood, construction materials and sanitary equipment, founded in 2008. The company made a loss in both 2024 and 2025, most recently DKK 15.6m. With 64 employees, the company is about 9 times larger than the industry median. Equity fell to DKK 31.6m in 2025.

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Key figures · financial year 2025

RevenueDKK 431.6m+44.5% vs. 2024
Net profit−DKK 15.6m+37.3% vs. 2024
EquityDKK 31.6m−30.8% vs. 2024
Employees64latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Revenue rose 44% (2024 → 2025), to DKK 431.6m.
  • The loss got smaller: from DKK 24.9m to DKK 15.6m (2024 → 2025).
  • Equity fell 31% (2024 → 2025), to DKK 31.6m.

Employees

  • 9 more employees than a year earlier: 64 (08/2026) against 55 (08/2025).

Management and owners, last 24 months

  • New in management: Joachim Horst Scholz (board member, 24/02/2026) and Bernd Strack (board member, 24/02/2026).
  • Stepped down: Wolfgang Ziegler (board member, 24/02/2026) and Stefan Andreas Walter Happak (board member, 24/02/2026).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Wholesale of wood, construction materials and sanitary equipment (468300)

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 40m−DKK 20mDKK 0DKK 20mDKK 40mDKK 60m202020212022202320242025
EquityNet profit
Financial figures for Badelement A/S
202020212022202320242025Change
Revenue436,888450,063350,659317,885298,790431,631+44.5%
Gross profit40,65528,703−11,0678,300−8,0175,638+170.3%
Operating profit (EBIT)17,6003,265−37,462−19,162−37,998−26,675+29.8%
Profit before tax24,56113,845−30,072−12,477−32,506−21,637+33.4%
Net profit21,03013,393−21,574−6,910−24,941−15,634+37.3%
Total assets157,252145,526124,811136,587144,171184,997+28.3%
Equity63,24854,33039,30833,87545,74131,648−30.8%
Liabilities81,40778,90379,14194,02185,557140,953+64.7%
Cash and cash equivalents791,0335179,869153332+117%
Average number of employees505152505053+6%

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.

Download the figures as CSV · free with an account, amounts in whole DKK

−DKK 20m−DKK 10mDKK 0DKK 10mDKK 20mDKK 30mDKK 40m202020212022202320242025
Gross profitMedian, the industry (430 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 4 years in a row

    Net result has been negative in 2022–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Equity fell sharply

    Equity fell 31% from 2024 to 2025 (DKK 45.7m to DKK 31.6m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

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 Badelement A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202503/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202401/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202328/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202230/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202107/02/2022The companyPDFXBRL
202001/01/2020 – 31/12/202005/02/2021The 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
01020304050607009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

430 companies in the database

Comparison with the other companies in wholesale of wood, construction materials and sanitary equipment based on the latest financial year.

Gross profitDKK 5.6mNo. 221 of 429
Better than 49% of the companies in the industry
EquityDKK 31.6mNo. 71 of 430
Better than 84% of the companies in the industry
Number of employees64No. 32 of 430
Better than 93% of the companies in the industry

Industry median: gross profit DKK 5.9m, net profit DKK 623k, equity DKK 6.3m, 7 employees.

DKK 100kDKK 1.2mDKK 13.3mDKK 152.6mDKK 778.2mHere
Distribution of gross profit for 416 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. 4,109of 4,412
Better than 7%
No. 1,683of 4,466
Better than 62%
Same industry and 50–199 employees26 companies in the comparison
No. 26of 26
Better than 0%
No. 20of 26
Better than 24%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 9,019of 24,791
Better than 64%
No. 3,261of 24,909
Better than 87%
All companies of type A/S18,025 companies in the comparison
No. 11,452of 17,786
Better than 36%
No. 4,776of 18,024
Better than 74%

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 wood, construction materials and sanitary equipment
Gross profit
  1. Badelement A/SDKK 5.6m
  2. Stark Danmark A/SDKK 1.8bn
  3. Bygma A/SDKK 1.4bn
Net profit
  1. Badelement A/S−DKK 15.6m
  2. Stark Danmark A/SDKK 238m
  3. Bygma A/SDKK 228m
Equity
  1. Badelement A/SDKK 31.6m
  2. Stark Danmark A/SDKK 2bn
  3. Bygma A/SDKK 2.3bn
Employees
  1. Badelement A/S64
  2. Stark Danmark A/S2,792
  3. Bygma A/S1,891

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
Badelement A/S

Management

5 active registrations

Executive management

Executive management at Badelement A/S
NameRoleAppointed
Henning Aabo JørgensenDirector14/01/2013
Hans Henrik NielsenCEO01/09/2019

Board of directors

Board of directors at Badelement A/S
NameRoleAppointed
Nicolai Bloch TobiesenBoard member30/06/2023
Joachim Horst ScholzBoard member24/02/2026
Bernd StrackBoard member24/02/2026
Founders
Finn Nielsen
Former management (9)
Former management at Badelement A/S
NameRoleAppointedResigned
Johan Dein LadegaardChair of the board09/09/200814/01/2013
Lise JørgensenBoard member09/09/200814/01/2013
Lise JørgensenDirector09/09/200831/01/2021
Finn NielsenBoard member09/09/200814/03/2012
Henning Aabo JørgensenBoard member14/03/201214/01/2013
Wolfgang ZieglerBoard member06/06/201724/02/2026
Peter SchulzBoard member06/06/201730/06/2023
Stefan Andreas Walter HappakBoard member12/08/201724/02/2026
Jesper LangbergCEO01/06/201830/04/2019

Signing rule: Selskabet tegnes af én direktør.

Address and production units

1 active production units

Levysgade 14
8700 Horsens

Horsens Municipality · Postcode 8700

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
BADELEMENT A/SLevysgade 14, st, 8700 Horsens641014705704

Purpose

Selskabets formål er at udøve handelsvirksomhed, herunder import og eksport samt anden hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

29 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Wholesale of wood, construction materials and sanitary equipment (468300)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20212 changesaccounts 1 · management 1
  • Annual report for 2020 published
  • Lise Jørgensen stepped down as director
20192 changesmanagement 2
  • Hans Henrik Nielsen appointed ceo
  • Jesper Langberg stepped down as ceo
20182 changesname 1 · management 1
  • Name changed from BAD ELEMENT A/S to BADELEMENT A/S
  • Jesper Langberg appointed ceo
20174 changesname 1 · capital 1 · ownership 2
  • Name changed from BAD ELEMENT ApS to BAD ELEMENT A/S
  • Share capital changed from 125,000 DKK to 500,000 DKK
  • Baldo Acquisition ApS registered as owner (100%)
  • HØJMARKSVEJ HOLDING ApS is no longer registered as owner
20134 changesmanagement 4
  • Henning Aabo Jørgensen appointed director
  • Henning Aabo Jørgensen stepped down as board member
  • Johan Dein Ladegaard stepped down as chair of the board
  • Lise Jørgensen stepped down as board member
20122 changesmanagement 2
  • Henning Aabo Jørgensen appointed board member
  • Finn Nielsen stepped down as board member
20112 changesaddress 1 · ownership 1
  • Moved to Levysgade 14, st, 8700 Horsens
  • HØJMARKSVEJ HOLDING ApS registered as owner (100%)
20085 changesfounded 1 · management 4
  • Registered as BAD ELEMENT ApS
  • Johan Dein Ladegaard appointed chair of the board
  • Finn Nielsen appointed board member
  • Lise Jørgensen appointed director
  • Lise Jørgensen appointed board member

Related companies

Same industry in Horsens

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Same people in management

Largest in the industry

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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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVRReport a correction