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Blue Phoenix Denmark IBA A/S

Public limited companyCVR 27050425KoldingActive

Blue Phoenix Denmark IBA A/S is a public limited company, based in Kolding, active in materials recovery, founded in 2003. Net profit rose 45% from 2024 to 2025, ending at DKK 69.3m. Measured by gross profit, it ranks no. 5 of 68 companies in the industry in the database. Profit has grown three years in a row.

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Key figures · financial year 2025

RevenueDKK 442.8m
Net profitDKK 69.3m+44.6% vs. 2024
EquityDKK 162.1m+10.7% vs. 2024
Employees64latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 19% (2024 → 2025), to DKK 159m.
  • Net profit rose 45% (2024 → 2025), to DKK 69.3m.
  • Equity rose 11% (2024 → 2025), to DKK 162.1m.

Employees

  • 5 more employees than a year earlier: 64 (08/2026) against 59 (08/2025).

Management and owners, last 24 months

  • New in management: Nicolai Søegaard (chair of the board, 01/12/2025), Rasmus Brødsgaard Buch (board member, 01/12/2025) and Lars Møller Hansen (board member, 30/06/2026) (+3).
  • Stepped down: Line Meldgaard Langschwager (board member, 01/12/2025), Henrik Marius Meldgaard (board member, 01/12/2025) and Lars Meldgaard (chair of the board, 01/12/2025) (+4).
  • New owners registered: Blue Phoenix Denmark A/S (01/12/2025).
  • No longer registered as owner: Meldgaard Holding A/S (01/12/2025) and Fam. Hedegaard Invest ApS (01/12/2025).

Registrations, last 24 months

  • 01/04/2026: Name changed from MELDGAARD RECYCLING A/S to Blue Phoenix Denmark IBA A/S
  • 19/05/2025: Moved to Korsvej 11, 6000 Kolding
  • 01/01/2025: Industry changed to Materials recovery (382100)

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 Blue Phoenix Denmark IBA A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot stated442,754–
Gross profit71,13498,74285,045114,254133,553159,001+19.1%
Operating profit (EBIT)34,22956,70338,85650,63358,30990,635+55.4%
Profit before tax35,24256,39238,03548,36656,00788,986+58.9%
Net profit27,48244,12030,22238,16447,91469,276+44.6%
Total assets105,335143,596174,785199,775243,725249,001+2.2%
Equity65,16394,294104,463122,379146,506162,136+10.7%
Liabilities37,30738,63558,00565,07187,95278,663−10.6%
Cash and cash equivalents398913,7993,43712,85441,377+221.9%
Average number of employees373942556259−4.8%

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: 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 120mDKK 140mDKK 160m202020212022202320242025
Gross profitMedian, the industry (68 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 Blue Phoenix Denmark IBA A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202503/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202426/05/2025The groupPDFXBRL
202301/01/2023 – 31/12/202329/04/2024The groupPDFXBRL
202201/01/2022 – 31/12/202201/05/2023The groupPDFXBRL
202101/01/2021 – 31/12/202102/05/2022The groupPDFXBRL
202001/01/2020 – 31/12/202020/04/2021The 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

68 companies in the database

Comparison with the other companies in materials recovery based on the latest financial year.

Gross profitDKK 159mNo. 5 of 68
Better than 94% of the companies in the industry
EquityDKK 162.1mNo. 8 of 68
Better than 90% of the companies in the industry
Number of employees64No. 9 of 68
Better than 88% of the companies in the industry

Industry median: gross profit DKK 5.5m, net profit DKK 577k, equity DKK 6.4m, 7 employees.

DKK 100kDKK 727kDKK 5.3mDKK 38.5mDKK 144.4mHere
Distribution of gross profit for 63 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. 277of 4,412
Better than 94%
No. 424of 4,466
Better than 91%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 434of 24,791
Better than 98%
No. 931of 24,909
Better than 96%
All companies of type A/S18,025 companies in the comparison
No. 1,008of 17,786
Better than 94%
No. 1,657of 18,024
Better than 91%

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

Materials recovery
Gross profit
  1. Blue Phoenix Denmark IBA A/SDKK 159m
  2. Scanmetals A/SDKK 279.7m
  3. H.j. Hansen Recycling A/SDKK 260.8m
Net profit
  1. Blue Phoenix Denmark IBA A/SDKK 69.3m
  2. Scanmetals A/S−DKK 34.1m
  3. H.j. Hansen Recycling A/SDKK 34.9m
Equity
  1. Blue Phoenix Denmark IBA A/SDKK 162.1m
  2. Scanmetals A/SDKK 189.8m
  3. H.j. Hansen Recycling A/SDKK 251.1m
Employees
  1. Blue Phoenix Denmark IBA A/S64
  2. Scanmetals A/S111
  3. H.j. Hansen Recycling A/S217

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
Blue Phoenix Denmark IBA A/S

Management

5 active registrations

Executive management

Executive management at Blue Phoenix Denmark IBA A/S
NameRoleAppointed
Jesper Lykke BrixDirector09/10/2026

Board of directors

Board of directors at Blue Phoenix Denmark IBA A/S
NameRoleAppointed
Nicolai SøegaardChair of the board01/12/2025
Rasmus Brødsgaard BuchBoard member01/12/2025
Lars Møller HansenBoard member30/06/2026
Jesper Lykke BrixBoard member09/10/2026
Founders
Meldgaard Holding A/S
Former management (14)
Former management at Blue Phoenix Denmark IBA A/S
NameRoleAppointedResigned
Lars MeldgaardBoard member29/01/200325/06/2020
Anders HedegaardBoard member29/01/200309/10/2023
Anders HedegaardDirector29/01/200310/10/2023
Line Meldgaard LangschwagerBoard member29/01/200301/12/2025
Henrik Marius MeldgaardChair of the board06/04/200625/06/2020
Susanne HedegaardDeputy chair06/04/200609/10/2023
Henrik Marius MeldgaardBoard member26/06/202001/12/2025
Lars MeldgaardChair of the board26/06/202001/12/2025
Jacob Christian NielsenDirector10/10/202303/04/2024
Anders HedegaardDeputy chair10/10/202302/04/2024
Susanne HedegaardBoard member10/10/202301/12/2025
Anders HedegaardBoard member03/04/202409/10/2026
Anders HedegaardDirector03/04/202409/10/2026
Jakob SørensenBoard member01/12/202530/06/2026

Signing rule: Selskabet tegnes af bestyrelsens formand i forening med et medlem af bestyrelsen eller en direktør, eller af den samlede bestyrelse.

Address and production units

2 active production units

Korsvej 11
6000 Kolding

Kolding Municipality · Postcode 6000

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
Blue Phoenix Denmark IBA A/SEltangvej 140, 6051 Almind241022482811
Blue Phoenix Denmark IBA A/SKorsvej 11, 6000 Kolding181009742456

Purpose

Selskabets formål er sortering af slagger og jern samt hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

52 registered events
20268 changesmanagement 6 · accounts 1 · name 1
  • Jesper Lykke Brix appointed director
  • Jesper Lykke Brix appointed board member
  • Anders Hedegaard stepped down as board member
  • Anders Hedegaard stepped down as director
  • Annual report for 2025 published
  • Lars Møller Hansen appointed board member
  • Jakob Sørensen stepped down as board member
  • Name changed from MELDGAARD RECYCLING A/S to Blue Phoenix Denmark IBA A/S
202513 changesmanagement 7 · ownership 3 · accounts 1 · address 1 · industry 1
  • Rasmus Brødsgaard Buch appointed board member
  • Nicolai Søegaard appointed chair of the board
  • Jakob Sørensen appointed board member
  • Susanne Hedegaard stepped down as board member
  • Lars Meldgaard stepped down as chair of the board
  • Henrik Marius Meldgaard stepped down as board member
  • Line Meldgaard Langschwager stepped down as board member
  • Blue Phoenix Denmark A/S registered as owner (100%)
  • Fam. Hedegaard Invest ApS is no longer registered as owner
  • MELDGAARD HOLDING A/S is no longer registered as owner
  • Annual report for 2024 published
  • Moved to Korsvej 11, 6000 Kolding
  • Industry changed to Materials recovery (382100)
20245 changesaccounts 1 · management 4
  • Annual report for 2023 published
  • Anders Hedegaard appointed board member
  • Anders Hedegaard appointed director
  • Jacob Christian Nielsen stepped down as director
  • Anders Hedegaard stepped down as deputy chair
20239 changesmanagement 6 · ownership 2 · accounts 1
  • Anders Hedegaard appointed deputy chair
  • Jacob Christian Nielsen appointed director
  • Susanne Hedegaard appointed board member
  • Anders Hedegaard stepped down as director
  • Susanne Hedegaard stepped down as deputy chair
  • Anders Hedegaard stepped down as board member
  • Fam. Hedegaard Invest ApS registered as owner (50%)
  • G.V. INVEST 2003 ApS is no longer registered as owner
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20204 changesmanagement 4
  • Lars Meldgaard appointed chair of the board
  • Henrik Marius Meldgaard appointed board member
  • Henrik Marius Meldgaard stepped down as chair of the board
  • Lars Meldgaard stepped down as board member
20081 changeindustry 1
  • Industry changed to Landfilling or permanent storage (383200)
20071 changeaddress 1
  • Moved to Askelund 10, 6200 Aabenraa
20062 changesmanagement 2
  • Henrik Marius Meldgaard appointed chair of the board
  • Susanne Hedegaard appointed deputy chair
20037 changesownership 2 · founded 1 · management 4
  • G.V. INVEST 2003 ApS registered as owner (50%)
  • MELDGAARD HOLDING A/S registered as owner (50%)
  • Registered as MELDGAARD RECYCLING A/S
  • Anders Hedegaard appointed board member
  • Line Meldgaard Langschwager appointed board member
  • Anders Hedegaard appointed director
  • Lars Meldgaard appointed board member

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