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Blue Phoenix Denmark IBA Sustain A/S

Public limited companyCVR 12994907KoldingActive

Blue Phoenix Denmark IBA Sustain A/S is a public limited company, based in Kolding, active in collection of non-hazardous waste, founded in 1989. Net profit fell 38% from 2024 to 2025, ending at DKK 53.2m. Measured by gross profit, it ranks no. 6 of 43 companies in the industry in the database. Operations are spread over 6 production units in 6 towns.

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Key figures · financial year 2025

Gross profitDKK 82.4m−45.6% vs. 2024
Net profitDKK 53.2m−38.1% vs. 2024
EquityDKK 46.5m−58.2% vs. 2024
Employees14latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 46% (2024 → 2025), to DKK 82.4m.
  • Net profit fell 38% (2024 → 2025), to DKK 53.2m.
  • Equity fell 58% (2024 → 2025), to DKK 46.5m.

Employees

  • 1 more employees than a year earlier: 14 (08/2026) against 13 (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) (+5).
  • Stepped down: Henrik Marius Meldgaard (board member, 01/12/2025), Lars Meldgaard (board member, 01/12/2025) and Henrik Marius Meldgaard (ceo, 03/12/2025) (+8).
  • New owners registered: Blue Phoenix Denmark A/S (01/12/2025).
  • No longer registered as owner: Meldgaard Holding A/S (01/12/2025).

Registrations, last 24 months

  • 01/04/2026: Name changed from Meldgaard Sustain A/S to Blue Phoenix Denmark IBA Sustain A/S
  • 19/05/2025: Moved to Korsvej 11, 6000 Kolding
  • 12/03/2025: Name changed from Meldgaard Slagge A/S to Meldgaard Sustain A/S

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 50mDKK 100mDKK 150mDKK 200mDKK 250mDKK 300m202020212022202320242025
EquityNet profit
Financial figures for Blue Phoenix Denmark IBA Sustain A/S
202020212022202320242025Change
Revenue541,985620,054653,401707,307221,220not stated–
Gross profit329,332391,573407,594448,970151,35182,382−45.6%
Operating profit (EBIT)65,31765,09634,45087,434109,76068,470−37.6%
Profit before tax63,07962,62332,71382,574109,73068,208−37.8%
Net profit49,19549,26025,77364,38386,03753,226−38.1%
Total assets529,547590,121623,584710,878172,903119,464−30.9%
Equity189,461238,720264,494318,877111,29646,522−58.2%
Liabilities340,086351,400359,091392,00060,85830,862−49.3%
Cash and cash equivalents3672766,346351,046+2,910.3%
Average number of employees4124645084961512−20%

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 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 100mDKK 200mDKK 300mDKK 400m202020212022202320242025
Gross profitMedian, the industry (43 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 58% from 2024 to 2025 (DKK 111.3m to DKK 46.5m).

    How is this calculated?

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

  • 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 Sustain A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202502/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202423/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202329/04/2024The companyPDFXBRL
202201/01/2022 – 31/12/202201/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202102/05/2022The companyPDFXBRL
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
010020030040050060070009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

43 companies in the database

Comparison with the other companies in collection of non-hazardous waste based on the latest financial year.

Gross profitDKK 82.4mNo. 6 of 43
Better than 88% of the companies in the industry
EquityDKK 46.5mNo. 6 of 43
Better than 88% of the companies in the industry
Number of employees14No. 22 of 43
Better than 50% of the companies in the industry

Industry median: gross profit DKK 12.2m, net profit DKK 376k, equity DKK 6m, 12 employees.

DKK 150kDKK 1.3mDKK 11.1mDKK 95.1mDKK 399mHere
Distribution of gross profit for 42 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 fewer than 20 employees69,967 companies in the comparison
No. 355of 69,742
Better than 99%
No. 3,251of 69,964
Better than 95%
Same industry and fewer than 20 employees26 companies in the comparison
No. 1of 26
Better than 100%
No. 1of 26
Better than 100%
Companies that are at least 30 years old10,276 companies in the comparison
No. 993of 10,152
Better than 90%
No. 2,097of 10,275
Better than 80%
All companies of type A/S18,025 companies in the comparison
No. 1,870of 17,786
Better than 89%
No. 3,749of 18,024
Better than 79%

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

Collection of non-hazardous waste
Gross profit
  1. Blue Phoenix Denmark IBA Sustain A/SDKK 82.4m
  2. Verdis A/SDKK 817.3m
  3. Meldgaard Miljø A/SDKK 449.5m
Net profit
  1. Blue Phoenix Denmark IBA Sustain A/SDKK 53.2m
  2. Verdis A/SDKK 33.3m
  3. Meldgaard Miljø A/SDKK 8.4m
Equity
  1. Blue Phoenix Denmark IBA Sustain A/SDKK 46.5m
  2. Verdis A/SDKK 381.7m
  3. Meldgaard Miljø A/SDKK 289.7m
Employees
  1. Blue Phoenix Denmark IBA Sustain A/S14
  2. Verdis A/S1,053
  3. Meldgaard Miljø A/S744

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 Sustain A/S

Management

5 active registrations

Executive management

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

Board of directors

Board of directors at Blue Phoenix Denmark IBA Sustain 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
Leif Max Hansen
Former management (22)
Former management at Blue Phoenix Denmark IBA Sustain A/S
NameRoleAppointedResigned
Niels Peder Lauersen MeldgaardDirector01/05/198919/06/2000
Leif Max HansenDirector01/05/198905/09/1989
Henrik Marius MeldgaardBoard member01/05/198901/12/2025
Lars MeldgaardBoard member01/05/198901/12/2025
Henrik Marius MeldgaardCEO19/06/200003/12/2025
Lars MeldgaardCEO20/11/200124/05/2005
Margit Kathrine MeldgaardBoard member10/04/200224/05/2005
Line Meldgaard LangschwagerDirector10/04/200224/05/2005
Line Meldgaard LangschwagerBoard member24/05/200501/12/2025
Peter Schmidt MadsenBoard member06/04/200615/04/2013
Niels Peder Lauersen MeldgaardBoard member27/04/201013/01/2022
Andy Nørregaard AndersenChair of the board27/04/201025/04/2024
Erling Christian CarlsenBoard member27/04/201004/04/2012
Niels Frederik Bergh-HansenBoard member19/04/201225/04/2024
Jens Kristian RavnBoard member15/04/201324/04/2024
Margit Kathrine MeldgaardBoard member26/04/201601/12/2025
Jens Kristian RavnChair of the board25/04/202401/12/2025
Johan Peter NielsenBoard member25/04/202401/12/2025
Sara Würtzen MeldgaardBoard member25/04/202401/12/2025
Anders HedegaardBoard member01/12/202509/10/2026
Jakob SørensenBoard member01/12/202530/06/2026
Anders HedegaardCEO03/12/202509/10/2026

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

6 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 Sustain A/SKorsvej 11, 6000 Kolding121010941985
Blue Phoenix Denmark IBA Sustain A/SJunckersvej 6, 4600 Køge21030119564
Blue Phoenix Denmark IBA Sustain A/SRørdalsvej 224, 9220 Aalborg Øst11019954516
Blue Phoenix Denmark IBA Sustain A/SEltangvej 140, 6051 Almind11019323141
Blue Phoenix Denmark IBA Sustain A/SDybkær 6, 6100 Haderslev01015379983
Blue Phoenix Denmark IBA Sustain A/SFeldborgvej 8, 7490 Aulum01019041979

Purpose

Selskabets formål er at drive miljøvirksomhed inden for behandling af affald til genanvendelse i et naturligt kredsløb

The purpose is quoted from the register in Danish.

Changes year by year

70 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 ceo
  • Anders Hedegaard stepped down as board member
  • Annual report for 2025 published
  • Lars Møller Hansen appointed board member
  • Jakob Sørensen stepped down as board member
  • Name changed from Meldgaard Sustain A/S to Blue Phoenix Denmark IBA Sustain A/S
202518 changesmanagement 13 · ownership 2 · accounts 1 · address 1 · name 1
  • Anders Hedegaard appointed ceo
  • Henrik Marius Meldgaard stepped down as ceo
  • Jakob Sørensen appointed board member
  • Rasmus Brødsgaard Buch appointed board member
  • Nicolai Søegaard appointed chair of the board
  • Anders Hedegaard appointed board member
  • Johan Peter Nielsen stepped down as board member
  • Sara Würtzen Meldgaard stepped down as board member
  • Jens Kristian Ravn stepped down as chair of the board
  • Margit Kathrine Meldgaard stepped down as board member
  • Line Meldgaard Langschwager stepped down as board member
  • Lars Meldgaard stepped down as board member
  • Henrik Marius Meldgaard stepped down as board member
  • Blue Phoenix Denmark A/S registered as owner (100%)
  • MELDGAARD HOLDING A/S is no longer registered as owner
  • Annual report for 2024 published
  • Moved to Korsvej 11, 6000 Kolding
  • Name changed from Meldgaard Slagge A/S to Meldgaard Sustain A/S
20248 changesname 1 · accounts 1 · management 6
  • Name changed from MELDGAARD MILJØ A/S to Meldgaard Slagge A/S
  • Annual report for 2023 published
  • Johan Peter Nielsen appointed board member
  • Sara Würtzen Meldgaard appointed board member
  • Jens Kristian Ravn appointed chair of the board
  • Niels Frederik Bergh-Hansen stepped down as board member
  • Andy Nørregaard Andersen stepped down as chair of the board
  • Jens Kristian Ravn stepped down as board member
20231 changeaccounts 1
  • Annual report for 2022 published
20222 changesaccounts 1 · management 1
  • Annual report for 2021 published
  • Niels Peder Lauersen Meldgaard stepped down as board member
20211 changeaccounts 1
  • Annual report for 2020 published
20161 changemanagement 1
  • Margit Kathrine Meldgaard appointed board member
20132 changesmanagement 2
  • Jens Kristian Ravn appointed board member
  • Peter Schmidt Madsen stepped down as board member
20122 changesmanagement 2
  • Niels Frederik Bergh-Hansen appointed board member
  • Erling Christian Carlsen stepped down as board member
20103 changesmanagement 3
  • Niels Peder Lauersen Meldgaard appointed board member
  • Erling Christian Carlsen appointed board member
  • Andy Nørregaard Andersen appointed chair of the board
20081 changeindustry 1
  • Industry changed to Collection of non-hazardous waste (381100)
20072 changesaddress 1 · industry 1
  • Moved to Askelund 10, 6200 Aabenraa
  • Industry changed to Drift af affaldsbehandlingsanlæg (900220)
20062 changesname 1 · management 1
  • Name changed from MELDGAARD MILJØ OG GENBRUG A/S to MELDGAARD MILJØ A/S
  • Peter Schmidt Madsen appointed board member
20054 changesmanagement 4
  • Line Meldgaard Langschwager appointed board member
  • Margit Kathrine Meldgaard stepped down as board member
  • Line Meldgaard Langschwager stepped down as director
  • Lars Meldgaard stepped down as ceo
20041 changeindustry 1
  • Industry changed to Indsamling af affald (900210)
20022 changesmanagement 2
  • Margit Kathrine Meldgaard appointed board member
  • Line Meldgaard Langschwager appointed director
20011 changemanagement 1
  • Lars Meldgaard appointed ceo
20002 changesmanagement 2
  • Henrik Marius Meldgaard appointed ceo
  • Niels Peder Lauersen Meldgaard stepped down as director
19942 changescapital 1 · ownership 1
  • Share capital changed from 80,000 DKK to 500,000 DKK
  • MELDGAARD HOLDING A/S registered as owner (100%)
19897 changesname 1 · management 5 · founded 1
  • Name changed from THJ 88, AABENRAA ApS to MELDGAARD MILJØ OG GENBRUG A/S
  • Leif Max Hansen stepped down as director
  • Registered as THJ 88, AABENRAA ApS
  • Leif Max Hansen appointed director
  • Lars Meldgaard appointed board member
  • Henrik Marius Meldgaard appointed board member
  • Niels Peder Lauersen Meldgaard appointed director

Related companies

Same industry in Kolding

See all →

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