Bay Christensen A/S

Public limited companyCVR 17316508RønnedeActive

Bay Christensen A/S is a public limited company, based in Rønnede, active in wholesale of mining, construction and civil engineering machinery, founded in 1993. Net profit rose 84% from 2024 to 2025, ending at DKK 16.4m. With 57 employees, the company is about 7 times larger than the industry median. Equity grew to DKK 68.4m in 2025.

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Key figures · financial year 2025

Gross profitDKK 51.8m+23.1% vs. 2024
Net profitDKK 16.4m+83.6% vs. 2024
EquityDKK 68.4m+31.7% vs. 2024
Employees57latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 23% (2024 → 2025), to DKK 51.8m.
  • Net profit rose 84% (2024 → 2025), to DKK 16.4m.
  • Equity rose 32% (2024 → 2025), to DKK 68.4m.

Employees

  • 6 more employees than a year earlier: 57 (08/2026) against 51 (08/2025).

Management and owners, last 24 months

  • Stepped down: Morten Dahlmand Christoffersen (board member, 10/09/2025).
  • No longer registered as owner: MDC Handel ApS (15/11/2025).

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 50mDKK 60mDKK 70m202020212022202320242025
EquityNet profit
Financial figures for Bay Christensen A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit29,74238,37337,33742,78642,05251,781+23.1%
Operating profit (EBIT)10,86717,54016,55719,33214,24122,958+61.2%
Profit before tax10,61817,22216,03717,87111,73621,079+79.6%
Net profit8,16813,24212,35813,7678,95416,436+83.6%
Total assets70,95587,93799,193124,161139,484149,348+7.1%
Equity22,76827,84234,20047,96751,92268,357+31.7%
Liabilities48,18660,09564,99476,19487,56280,991−7.5%
Cash and cash equivalents93162178166616−76%
Average number of employees3639414348480%

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 50m202020212022202320242025
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 Bay Christensen A/S
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202528/12/2025The companyPDF not statedXBRL
202401/10/2023 – 30/09/202417/12/2024The companyPDFXBRL
202301/10/2022 – 30/09/202320/12/2023The companyPDFXBRL
202201/10/2021 – 30/09/202230/11/2022The companyPDFXBRL
202101/10/2020 – 30/09/202107/01/2022The companyPDFXBRL
202001/10/2019 – 30/09/202021/12/2020The 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
010203040506009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

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 51.8mNo. 14 of 101
Better than 87% of the companies in the industry
EquityDKK 68.4mNo. 14 of 101
Better than 87% of the companies in the industry
Number of employees57No. 11 of 101
Better than 90% 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. 1,712of 4,412
Better than 61%
No. 939of 4,466
Better than 79%
Companies that are at least 30 years old10,276 companies in the comparison
No. 1,444of 10,152
Better than 86%
No. 1,647of 10,275
Better than 84%
All companies of type A/S18,025 companies in the comparison
No. 2,815of 17,786
Better than 84%
No. 2,924of 18,024
Better than 84%

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. Bay Christensen A/SDKK 51.8m
  2. Techtronic Industries Nordic ApSDKK 272.5m
  3. Volvo Entreprenørmaskiner A/SDKK 203.8m
Net profit
  1. Bay Christensen A/SDKK 16.4m
  2. Techtronic Industries Nordic ApSDKK 74.7m
  3. Volvo Entreprenørmaskiner A/SDKK 25.1m
Equity
  1. Bay Christensen A/SDKK 68.4m
  2. Techtronic Industries Nordic ApSDKK 78m
  3. Volvo Entreprenørmaskiner A/SDKK 115m

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
  • Bay Christensen Holding ApS20%
  • JMF Holding, Præstø ApS66.67%
Bay Christensen A/S

Management

4 active registrations

Executive management

Executive management at Bay Christensen A/S
NameRoleAppointed
Carl Bay ChristensenDirector24/09/1993

Board of directors

Board of directors at Bay Christensen A/S
NameRoleAppointed
Svend Aage Dreist HansenBoard member24/09/1993
Carl Bay ChristensenBoard member24/09/1993
Johan Mathias FriderichsenBoard member04/05/2018
Founders
Helen Nørager Bay Christensen, Minimaskiner A.S
Former management (5)
Former management at Bay Christensen A/S
NameRoleAppointedResigned
Helen Nørager Bay ChristensenBoard member24/09/199301/02/2019
Michael Wenneberg Drejer JacobsenBoard member19/04/200527/09/2020
Morten Dahlmand ChristoffersenBoard member12/05/201010/07/2012
Michael HansenBoard member12/05/201010/07/2012
Morten Dahlmand ChristoffersenBoard member04/05/201810/09/2025

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

Address and production units

1 active production units

Industrivej 33
4683 Rønnede

Faxe Municipality · Postcode 4683

Production units
Production unitAddressEmployeesP number
BAY CHRISTENSEN A/SIndustrivej 33, 4683 Rønnede571001264607

Purpose

Selskabets formål er at drive handel og industri og anden hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

47 registered events
20254 changesaccounts 1 · ownership 1 · management 1 · industry 1
  • Annual report for 2025 published
  • MDC Handel ApS is no longer registered as owner
  • Morten Dahlmand Christoffersen stepped down as board member
  • Industry changed to Wholesale of mining, construction and civil engineering machinery (466300)
20241 changeaccounts 1
  • Annual report for 2024 published
20231 changeaccounts 1
  • Annual report for 2023 published
20222 changesaccounts 2
  • Annual report for 2022 published
  • Annual report for 2021 published
20208 changesaccounts 1 · ownership 6 · management 1
  • Annual report for 2020 published
  • JMF Holding, Præstø ApS registered as owner (66.67%)
  • MDC Handel ApS registered as owner (33.33%)
  • BAY CHRISTENSEN HOLDING ApS registered as owner (20%)
  • MDC Handel ApS is no longer registered as owner
  • BAY CHRISTENSEN HOLDING ApS is no longer registered as owner
  • JMF Holding, Præstø ApS is no longer registered as owner
  • Michael Wenneberg Drejer Jacobsen stepped down as board member
20191 changemanagement 1
  • Helen Nørager Bay Christensen stepped down as board member
20188 changesownership 6 · management 2
  • MDC Handel ApS registered as owner (25%)
  • BAY CHRISTENSEN HOLDING ApS registered as owner (33.33%)
  • JMF Holding, Præstø ApS registered as owner (25%)
  • JMF Holding, Præstø ApS is no longer registered as owner
  • MDC Handel ApS is no longer registered as owner
  • BAY CHRISTENSEN HOLDING ApS is no longer registered as owner
  • Johan Mathias Friderichsen appointed board member
  • Morten Dahlmand Christoffersen appointed board member
20172 changesownership 2
  • JMF Holding, Præstø ApS registered as owner (10%)
  • MDC Handel ApS registered as owner (10%)
20142 changescapital 1 · ownership 1
  • Share capital changed from 500,000 DKK to 501,000 DKK
  • BAY CHRISTENSEN HOLDING ApS registered as owner (66.67%)
20123 changesmanagement 2 · merger 1
  • Michael Hansen stepped down as board member
  • Morten Dahlmand Christoffersen stepped down as board member
  • Merger registered in CVR
20102 changesmanagement 2
  • Michael Hansen appointed board member
  • Morten Dahlmand Christoffersen appointed board member
20081 changeindustry 1
  • Industry changed to Wholesale of mining, construction and civil engineering machinery (466300)
20071 changeaddress 1
  • Moved to Industrivej 33, 4683 Rønnede
20051 changemanagement 1
  • Michael Wenneberg Drejer Jacobsen appointed board member
19962 changesname 1 · capital 1
  • Name changed from C. BAY CHRISTENSEN ApS to BAY CHRISTENSEN A/S
  • Share capital changed from 200,000 DKK to 500,000 DKK
19953 changesname 3
  • Name changed from C. BAJ CHRISTENSEN ApS to C. BAY CHRISTENSEN ApS
  • Name changed from CBC MINIMASKINER ApS to C. BAJ CHRISTENSEN ApS
  • Name changed from MINIMASKINER DANMARK ApS to CBC MINIMASKINER ApS
19935 changesfounded 1 · management 4
  • Registered as MINIMASKINER DANMARK ApS
  • Carl Bay Christensen appointed director
  • Svend Aage Dreist Hansen appointed board member
  • Helen Nørager Bay Christensen appointed board member
  • Carl Bay Christensen appointed board member

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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.

View in CVRReport a correction