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.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 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 thousandEquity and net profit
| 2018 | 2019 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 4,880 | 4,708 | 22,750 | 27,547 | 55,128 | +100.1% |
| Operating profit (EBIT) | 1,543 | 1,415 | 13,931 | 17,188 | 38,045 | +121.3% |
| Profit before tax | 1,531 | 1,388 | 13,948 | 17,181 | 38,040 | +121.4% |
| Net profit | 1,194 | 1,081 | 10,877 | 13,387 | 29,644 | +121.4% |
| Total assets | 6,195 | 5,778 | 23,879 | 21,039 | 44,508 | +111.6% |
| Equity | 4,260 | 4,841 | 18,429 | 10,062 | 21,706 | +115.7% |
| Liabilities | 1,905 | 933 | 5,450 | 10,798 | 22,795 | +111.1% |
| Cash and cash equivalents | 3,963 | 3,472 | 12,940 | 5,847 | 4,326 | −26% |
| Average number of employees | 5 | 5 | 9 | 9 | 17 | +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
Signals from the financial statements
calculated from the 2025 figuresProfit 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 03/07/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 01/07/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 30/01/2024 | The company | PDFXBRL |
| 2019 | 01/01/2019 – 31/12/2019 | 31/03/2020 | The company | PDFXBRL |
| 2018 | 01/01/2018 – 31/12/2018 | 10/04/2019 | The company | PDFXBRL |
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 CVRPosition in the industry
100 companies in the databaseComparison with the other companies in manufacture of machinery for food, beverage and tobacco processing based on the latest financial year.
Industry median: gross profit DKK 14.2m, net profit DKK 1.3m, equity DKK 8.2m, 18 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| 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- Borncut A/SDKK 55.1m
- Gea Process Engineering A/SDKK 564.1m
- Gram Equipment A/SDKK 433.5m
- Borncut A/SDKK 29.6m
- Gea Process Engineering A/SDKK 306.7m
- Gram Equipment A/SDKK 26.7m
- Borncut A/SDKK 21.7m
- Gea Process Engineering A/SDKK 535.1m
- Gram Equipment A/SDKK 269.3m
- Borncut A/S28
- Gea Process Engineering A/S645
- Gram Equipment A/S349
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- IB-Denmark BV66.67%
- Ingolfur ehf.10%
Subsidiaries are shown only if they are in the database.
Management
6 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Ingomar Pieter René Joannes Baars | Director | 01/11/2024 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Robert Dubravac | Board member | 14/12/2016 |
| Sven Bekhøj Jensen | Board member | 12/08/2021 |
| Ingomar Pieter René Joannes Baars | Board member | 17/06/2024 |
| Theodoor Gerardus Maria Hoen | Chair of the board | 05/03/2025 |
| Ingólfur Örn Gudmundsson | Board member | 05/03/2025 |
- Auditor
- Dan Linddal Bechmann Andersen
- Founders
- Gorm Holger Sørensen, Peter Mikkelsen
Former management (6)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Gorm Holger Sørensen | Director | 24/03/2016 | 01/11/2024 |
| Gorm Holger Sørensen | Board member | 24/03/2016 | 05/03/2025 |
| Ole Schou Mortensen | Chair of the board | 24/03/2016 | 17/06/2024 |
| Peter Mikkelsen | Board member | 24/03/2016 | 17/06/2024 |
| Casper Vestskov Poulsen | Board member | 24/03/2016 | 17/06/2024 |
| Ingólfur Örn Gudmundsson | Chair of the board | 17/06/2024 | 04/03/2025 |
Signing rule: Selskabet tegnes af direktøren.
Address and production units
2 active production unitsLillevangsvej 6D
3700 Rønne
| Production unit | Address | Employees | P number |
|---|---|---|---|
| BORNCUT A/S | Lillevangsvej 6D, 3700 Rønne | 16 | 1021305401 |
| Borncut A/S | Bavne Alle 6, 8370 Hadsten | 11 | 1024576317 |
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 events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20258 changesaccounts 1 · management 4 · ownership 3
- AccountsAnnual report for 2024 published
- ManagementIngólfur Örn Gudmundsson appointed board member
- ManagementTheodoor Gerardus Maria Hoen appointed chair of the board
- ManagementGorm Holger Sørensen stepped down as board member
- ManagementIngólfur Örn Gudmundsson stepped down as chair of the board
- OwnershipIngolfur ehf. registered as owner (10%)
- OwnershipIB-Denmark BV registered as owner (66.67%)
- OwnershipIB-Denmark BV is no longer registered as owner
202415 changesmanagement 7 · ownership 7 · accounts 1
- ManagementIngomar Pieter René Joannes Baars appointed director
- ManagementGorm Holger Sørensen stepped down as director
- ManagementIngomar Pieter René Joannes Baars appointed board member
- ManagementIngólfur Örn Gudmundsson appointed chair of the board
- ManagementCasper Vestskov Poulsen stepped down as board member
- ManagementPeter Mikkelsen stepped down as board member
- ManagementOle Schou Mortensen stepped down as chair of the board
- OwnershipIB-Denmark BV registered as owner (66.67%)
- OwnershipSBJ Holding, Egå ApS is no longer registered as owner
- OwnershipPeter1905 ApS is no longer registered as owner
- OwnershipBORNTEK INDUSTRI A/S is no longer registered as owner
- OwnershipAaker-Rock Holding ApS is no longer registered as owner
- OwnershipSchwencke & Schou Holding ApS is no longer registered as owner
- OwnershipANTE Holding ApS is no longer registered as owner
- AccountsAnnual report for 2023 published
20219 changesaddress 1 · management 1 · ownership 7
- AddressMoved to Lillevangsvej 6D, 3700 Rønne
- ManagementSven Bekhøj Jensen appointed board member
- OwnershipSBJ Holding, Egå ApS registered as owner (10%)
- OwnershipPeter1905 ApS registered as owner (20%)
- OwnershipBORNTEK INDUSTRI A/S registered as owner (20%)
- OwnershipAaker-Rock Holding ApS registered as owner (20%)
- OwnershipBORNTEK INDUSTRI A/S is no longer registered as owner
- OwnershipAaker-Rock Holding ApS is no longer registered as owner
- OwnershipPeter1905 ApS is no longer registered as owner
20201 changeaccounts 1
- AccountsAnnual report for 2019 published
20193 changesownership 2 · accounts 1
- OwnershipSchwencke & Schou Holding ApS registered as owner (10%)
- OwnershipSchwencke & Schou ApS is no longer registered as owner
- AccountsAnnual report for 2018 published
201622 changescapital 1 · management 6 · ownership 13 · address 1 · founded 1
- CapitalShare capital changed from 1,800,000 DKK to 2,350,000 DKK
- ManagementRobert Dubravac appointed board member
- OwnershipANTE Holding ApS registered as owner (10%)
- OwnershipBORNTEK INDUSTRI A/S registered as owner (25%)
- OwnershipSchwencke & Schou ApS registered as owner (10%)
- OwnershipAaker-Rock Holding ApS registered as owner (25%)
- OwnershipPeter1905 ApS registered as owner (25%)
- OwnershipBORNTEK INDUSTRI A/S is no longer registered as owner
- OwnershipPeter1905 ApS is no longer registered as owner
- OwnershipAaker-Rock Holding ApS is no longer registered as owner
- OwnershipSchwencke & Schou ApS is no longer registered as owner
- AddressMoved to Almindingsvej 15, 3700 Rønne
- FoundedRegistered as BORNCUT A/S
- ManagementGorm Holger Sørensen appointed director
- ManagementCasper Vestskov Poulsen appointed board member
- ManagementPeter Mikkelsen appointed board member
- ManagementOle Schou Mortensen appointed chair of the board
- ManagementGorm Holger Sørensen appointed board member
- OwnershipBORNTEK INDUSTRI A/S registered as owner (15%)
- OwnershipPeter1905 ApS registered as owner (33.33%)
- OwnershipAaker-Rock Holding ApS registered as owner (33.33%)
- OwnershipSchwencke & Schou ApS registered as owner (15%)
Related companies
Same people in management
- Bornholms Energi og Forsyning A/Svia Ole Schou Mortensen
- Flemming Svendsen VVS ApSvia Dan Linddal Bechmann Andersen
- Bornfiber Service Provider ApSvia Ole Schou Mortensen
- Axel Sørensen El A/Svia Dan Linddal Bechmann Andersen
- BC Manufacturing ApSvia Robert Dubravac
- Borntek Industri A/Svia Casper Vestskov Poulsen
Largest in the industry
- Gea Process Engineering A/SDKK 564.1m
- Gram Equipment A/SDKK 433.5m
- Aasted ApSDKK 266.5m
- Ngi A/SDKK 219.2m
- Spx Flow Technology Danmark A/SDKK 180.1m
- Cabinplant A/SDKK 157.6m
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.