Borncut A/S

Public limited companyCVR 37585971RønneActive

Borncut A/S is a public limited company, based in Rønne, active in manufacture of machinery for food, beverage and tobacco processing, founded in 2016. Net profit rose 121% from 2024 to 2025, ending at DKK 29.6m. Profit has grown three years in a row. Equity grew to DKK 21.7m in 2025.

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Key figures · financial year 2025

Gross profitDKK 55.1m+100.1% vs. 2024
Net profitDKK 29.6m+121.4% vs. 2024
EquityDKK 21.7m+115.7% vs. 2024
Employees28latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 100% (2024 → 2025), to DKK 55.1m.
  • Net profit rose 121% (2024 → 2025), to DKK 29.6m.
  • Equity rose 116% (2024 → 2025), to DKK 21.7m.

Employees

  • 10 more employees than a year earlier: 28 (07/2026) against 18 (07/2025).

Management and owners, last 24 months

  • New in management: Ingomar Pieter René Joannes Baars (director, 01/11/2024), Theodoor Gerardus Maria Hoen (chair of the board, 05/03/2025) and Ingólfur Örn Gudmundsson (board member, 05/03/2025).
  • Stepped down: Gorm Holger Sørensen (director, 01/11/2024), Gorm Holger Sørensen (board member, 05/03/2025) and Ingólfur Örn Gudmundsson (chair of the board, 04/03/2025).
  • New owners registered: IB-Denmark BV (18/02/2025) and Ingolfur ehf. (18/02/2025).
  • No longer registered as owner: IB-Denmark BV (17/02/2025).

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 2018–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30m20182019202320242025
EquityNet profit
Financial figures for Borncut A/S
20182019202320242025Change
Revenuenot statednot statednot statednot statednot stated–
Gross profit4,8804,70822,75027,54755,128+100.1%
Operating profit (EBIT)1,5431,41513,93117,18838,045+121.3%
Profit before tax1,5311,38813,94817,18138,040+121.4%
Net profit1,1941,08110,87713,38729,644+121.4%
Total assets6,1955,77823,87921,03944,508+111.6%
Equity4,2604,84118,42910,06221,706+115.7%
Liabilities1,9059335,45010,79822,795+111.1%
Cash and cash equivalents3,9633,47212,9405,8474,326−26%
Average number of employees559917+88.9%

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 2018, 2019, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2020, 2021, 2022 (changed financial year or not filed).

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

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60m20182019202320242025
Gross profitMedian, the industry (100 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Profit for five years in a row

    Net result has been positive in 2018–2025.

    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

5 financial years
Annual reports for Borncut 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 – 31/12/202330/01/2024The companyPDFXBRL
201901/01/2019 – 31/12/201931/03/2020The companyPDFXBRL
201801/01/2018 – 31/12/201810/04/2019The 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
05101520253008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

100 companies in the database

Comparison with the other companies in manufacture of machinery for food, beverage and tobacco processing based on the latest financial year.

Gross profitDKK 55.1mNo. 17 of 100
Better than 84% of the companies in the industry
EquityDKK 21.7mNo. 26 of 100
Better than 75% of the companies in the industry
Number of employees28No. 52 of 100
Better than 48% of the companies in the industry

Industry median: gross profit DKK 14.2m, net profit DKK 1.3m, equity DKK 8.2m, 18 employees.

DKK 100kDKK 867kDKK 7.5mDKK 65.1mDKK 274.7mHere
Distribution of gross profit for 98 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 20–49 employees9,922 companies in the comparison
No. 360of 9,892
Better than 96%
No. 1,610of 9,922
Better than 84%
Same industry and 20–49 employees29 companies in the comparison
No. 2of 29
Better than 96%
No. 9of 29
Better than 71%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 614of 33,588
Better than 98%
No. 2,170of 33,687
Better than 94%
All companies of type A/S18,025 companies in the comparison
No. 2,676of 17,786
Better than 85%
No. 5,896of 18,024
Better than 67%

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

Manufacture of machinery for food, beverage and tobacco processing
Gross profit
  1. Borncut A/SDKK 55.1m
  2. Gea Process Engineering A/SDKK 564.1m
  3. Gram Equipment A/SDKK 433.5m
Net profit
  1. Borncut A/SDKK 29.6m
  2. Gea Process Engineering A/SDKK 306.7m
  3. Gram Equipment A/SDKK 26.7m
Equity
  1. Borncut A/SDKK 21.7m
  2. Gea Process Engineering A/SDKK 535.1m
  3. Gram Equipment A/SDKK 269.3m

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
  • IB-Denmark BV66.67%
  • Ingolfur ehf.10%
Borncut A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

6 active registrations

Executive management

Executive management at Borncut A/S
NameRoleAppointed
Ingomar Pieter René Joannes BaarsDirector01/11/2024

Board of directors

Board of directors at Borncut A/S
NameRoleAppointed
Robert DubravacBoard member14/12/2016
Sven Bekhøj JensenBoard member12/08/2021
Ingomar Pieter René Joannes BaarsBoard member17/06/2024
Theodoor Gerardus Maria HoenChair of the board05/03/2025
Ingólfur Örn GudmundssonBoard member05/03/2025
Auditor
Dan Linddal Bechmann Andersen
Founders
Gorm Holger Sørensen, Peter Mikkelsen
Former management (6)
Former management at Borncut A/S
NameRoleAppointedResigned
Gorm Holger SørensenDirector24/03/201601/11/2024
Gorm Holger SørensenBoard member24/03/201605/03/2025
Ole Schou MortensenChair of the board24/03/201617/06/2024
Peter MikkelsenBoard member24/03/201617/06/2024
Casper Vestskov PoulsenBoard member24/03/201617/06/2024
Ingólfur Örn GudmundssonChair of the board17/06/202404/03/2025

Signing rule: Selskabet tegnes af direktøren.

Address and production units

2 active production units

Lillevangsvej 6D
3700 Rønne

Bornholm Municipality · Postcode 3700

Production units
Production unitAddressEmployeesP number
BORNCUT A/SLillevangsvej 6D, 3700 Rønne161021305401
Borncut A/SBavne Alle 6, 8370 Hadsten111024576317

Purpose

Selskabets formål er udvikling, produktion og salg af udstyr til fødevareindustrien.

The purpose is quoted from the register in Danish.

Changes year by year

59 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20258 changesaccounts 1 · management 4 · ownership 3
  • Annual report for 2024 published
  • Ingólfur Örn Gudmundsson appointed board member
  • Theodoor Gerardus Maria Hoen appointed chair of the board
  • Gorm Holger Sørensen stepped down as board member
  • Ingólfur Örn Gudmundsson stepped down as chair of the board
  • Ingolfur ehf. registered as owner (10%)
  • IB-Denmark BV registered as owner (66.67%)
  • IB-Denmark BV is no longer registered as owner
202415 changesmanagement 7 · ownership 7 · accounts 1
  • Ingomar Pieter René Joannes Baars appointed director
  • Gorm Holger Sørensen stepped down as director
  • Ingomar Pieter René Joannes Baars appointed board member
  • Ingólfur Örn Gudmundsson appointed chair of the board
  • Casper Vestskov Poulsen stepped down as board member
  • Peter Mikkelsen stepped down as board member
  • Ole Schou Mortensen stepped down as chair of the board
  • IB-Denmark BV registered as owner (66.67%)
  • SBJ Holding, Egå ApS is no longer registered as owner
  • Peter1905 ApS is no longer registered as owner
  • BORNTEK INDUSTRI A/S is no longer registered as owner
  • Aaker-Rock Holding ApS is no longer registered as owner
  • Schwencke & Schou Holding ApS is no longer registered as owner
  • ANTE Holding ApS is no longer registered as owner
  • Annual report for 2023 published
20219 changesaddress 1 · management 1 · ownership 7
  • Moved to Lillevangsvej 6D, 3700 Rønne
  • Sven Bekhøj Jensen appointed board member
  • SBJ Holding, Egå ApS registered as owner (10%)
  • Peter1905 ApS registered as owner (20%)
  • BORNTEK INDUSTRI A/S registered as owner (20%)
  • Aaker-Rock Holding ApS registered as owner (20%)
  • BORNTEK INDUSTRI A/S is no longer registered as owner
  • Aaker-Rock Holding ApS is no longer registered as owner
  • Peter1905 ApS is no longer registered as owner
20201 changeaccounts 1
  • Annual report for 2019 published
20193 changesownership 2 · accounts 1
  • Schwencke & Schou Holding ApS registered as owner (10%)
  • Schwencke & Schou ApS is no longer registered as owner
  • Annual report for 2018 published
201622 changescapital 1 · management 6 · ownership 13 · address 1 · founded 1
  • Share capital changed from 1,800,000 DKK to 2,350,000 DKK
  • Robert Dubravac appointed board member
  • ANTE Holding ApS registered as owner (10%)
  • BORNTEK INDUSTRI A/S registered as owner (25%)
  • Schwencke & Schou ApS registered as owner (10%)
  • Aaker-Rock Holding ApS registered as owner (25%)
  • Peter1905 ApS registered as owner (25%)
  • BORNTEK INDUSTRI A/S is no longer registered as owner
  • Peter1905 ApS is no longer registered as owner
  • Aaker-Rock Holding ApS is no longer registered as owner
  • Schwencke & Schou ApS is no longer registered as owner
  • Moved to Almindingsvej 15, 3700 Rønne
  • Registered as BORNCUT A/S
  • Gorm Holger Sørensen appointed director
  • Casper Vestskov Poulsen appointed board member
  • Peter Mikkelsen appointed board member
  • Ole Schou Mortensen appointed chair of the board
  • Gorm Holger Sørensen appointed board member
  • BORNTEK INDUSTRI A/S registered as owner (15%)
  • Peter1905 ApS registered as owner (33.33%)
  • Aaker-Rock Holding ApS registered as owner (33.33%)
  • Schwencke & Schou ApS registered as owner (15%)

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Same people in management

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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