Borum A/S
Public limited companyCVR 19085694HadstenActive
Borum A/S is a public limited company, based in Hadsten, active in manufacture of machinery for mining, quarrying and construction, founded in 1996. The company went from a profit in 2024 to a loss of DKK 16.7m in 2025. Measured by gross profit, it ranks no. 9 of 32 companies in the industry in the database. Equity fell to DKK 11m in 2025.
Key figures · financial year 2025
Gross profitDKK 20.6m−30.9% vs. 2024
Net profit−DKK 16.7m−504.7% vs. 2024
EquityDKK 11m−26.6% vs. 2024
Employees34latest month from CVR
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 31% (2024 → 2025), to DKK 20.6m.
- Net profit went from a profit of DKK 4.1m to a loss of DKK 16.7m (2024 → 2025).
- Equity fell 27% (2024 → 2025), to DKK 11m.
Employees
- 2 more employees than a year earlier: 34 (08/2026) against 32 (08/2025).
Management and owners, last 24 months
- New in management: Bo Mortensen (ceo, 08/12/2025), Thomas Rask Jensen (board member, 22/06/2026) and Christian Lund Madsen (chair of the board, 22/06/2026) (+1).
- Stepped down: Thomas Rask Jensen (chair of the board, 21/06/2026), Kristian Flittner Snoghøj (ceo, 31/10/2025) and Per Byrial Andersen (director, 08/12/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Manufacture of machinery for mining, quarrying and construction (289200)
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 31,750 | 32,441 | 22,230 | 23,337 | 29,839 | 20,620 | −30.9% |
| Operating profit (EBIT) | 6,170 | 1,396 | −643 | −796 | 6,950 | −19,607 | −382.1% |
| Profit before tax | 5,429 | 707 | −1,853 | −3,243 | 4,984 | −21,454 | −530.5% |
| Net profit | 4,445 | 756 | −1,374 | −2,508 | 4,135 | −16,732 | −504.7% |
| Total assets | 54,748 | 62,021 | 64,593 | 63,541 | 63,767 | 53,320 | −16.4% |
| Equity | 16,990 | 14,740 | 13,366 | 10,857 | 14,992 | 11,010 | −26.6% |
| Liabilities | 33,066 | 42,637 | 47,064 | 49,255 | 44,377 | 40,302 | −9.2% |
| Cash and cash equivalents | 154 | 25 | 17 | 13 | 1 | 0 | −100% |
| Average number of employees | 46 | 48 | 45 | 42 | 47 | 35 | −25.5% |
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
Signals from the financial statements
calculated from the 2025 figuresFewer employees
The number of employees fell 26% from 47 in 2024 to 35 in 2025.
How is this calculated?
The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 25/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 27/03/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 26/04/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 18/04/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 01/04/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 16/03/2021 | 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
32 companies in the databaseComparison with the other companies in manufacture of machinery for mining, quarrying and construction based on the latest financial year.
Gross profitDKK 20.6mNo. 9 of 32
Better than 74% of the companies in the industry
EquityDKK 11mNo. 13 of 32
Better than 61% of the companies in the industry
Number of employees34No. 7 of 32
Better than 81% of the companies in the industry
Industry median: gross profit DKK 9.6m, net profit DKK 788k, equity DKK 8.1m, 16 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. 2,710of 9,892 Better than 73% | No. 2,865of 9,922 Better than 71% |
| Same industry and 20–49 employees11 companies in the comparison | No. 4of 11 Better than 70% | No. 7of 11 Better than 40% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 2,761of 10,152 Better than 73% | No. 4,545of 10,275 Better than 56% |
| All companies of type A/S18,025 companies in the comparison | No. 5,795of 17,786 Better than 67% | No. 8,376of 18,024 Better than 54% |
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 mining, quarrying and constructionGross profit
- Borum A/SDKK 20.6m
- Disa Industries A/SDKK 322.1m
- A/S Hydrema ProduktionDKK 123.4m
Net profit
- Borum A/S−DKK 16.7m
- Disa Industries A/SDKK 107.8m
- A/S Hydrema ProduktionDKK 20.1m
Equity
- Borum A/SDKK 11m
- Disa Industries A/SDKK 505.1m
- A/S Hydrema ProduktionDKK 117.8m
Employees
- Borum A/S34
- Disa Industries A/S226
- A/S Hydrema Produktion153
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterOwners
- Straightforward Holding A/S100%
Borum A/S
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Bo Mortensen | CEO | 08/12/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Henrik Sørensen | Board member | 22/03/2022 |
| Niels Ulrik Toft Marcussen | Board member | 05/03/2024 |
| Thomas Rask Jensen | Board member | 22/06/2026 |
| Christian Lund Madsen | Chair of the board | 22/06/2026 |
- Founders
- Knud Erik Juul Larsen, Ole Munch, Jesper Bjørn Rasmussen
Former management (24)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Knud Erik Juul Larsen | Board member | 05/02/1996 | 04/12/2002 |
| John Leth Jensen | CEO | 05/02/1996 | 25/02/2005 |
| Tove Smith Nikolajsen | Board member | 04/12/2002 | 21/05/2005 |
| Jan Hannestad | CEO | 03/05/2007 | 05/11/2007 |
| Ole Munch | Board member | 05/11/2007 | 16/10/2015 |
| Ole Munch | CEO | 05/11/2007 | 09/07/2014 |
| Jesper Bjørn Rasmussen | Chair of the board | 05/11/2007 | 20/08/2008 |
| Jan Hannestad | Board member | 19/12/2007 | 30/04/2008 |
| Susanne Munch | Board member | 20/08/2008 | 09/07/2014 |
| Per Søtang Lauridsen | Chair of the board | 20/08/2008 | 09/07/2014 |
| Henrik Sørensen | Board member | 09/07/2014 | 01/01/2017 |
| Ib Richard Neustrup Simonsen | Director | 09/07/2014 | 02/01/2017 |
| Lars Bundgaard Sørensen | Chair of the board | 03/09/2014 | 01/01/2017 |
| Søren Mølgaard Kristensen | Board member | 03/09/2014 | 24/08/2016 |
| Thomas Rask Jensen | Board member | 24/08/2016 | 21/03/2022 |
| Jørn Hansen-Christensen | Board member | 21/11/2016 | 02/01/2017 |
| Henrik Sørensen | Chair of the board | 02/01/2017 | 21/03/2022 |
| Lars Bundgaard Sørensen | Board member | 02/01/2017 | 28/09/2023 |
| Jørn Hansen-Christensen | CEO | 02/01/2017 | 31/07/2022 |
| Ib Richard Neustrup Simonsen | Board member | 01/03/2017 | 24/04/2017 |
| Thomas Rask Jensen | Chair of the board | 22/03/2022 | 21/06/2026 |
| Kristian Flittner Snoghøj | CEO | 01/08/2022 | 31/10/2025 |
| Søren Mølgaard Kristensen | Board member | 28/09/2023 | 05/03/2024 |
| Per Byrial Andersen | Director | 03/11/2025 | 08/12/2025 |
Signing rule: Selskabet tegnes af direktøren i forening med bestyrelsesformanden, af 3 medlemmer af bestyrelsen i forening eller af den samlede bestyrelse.
Address and production units
1 active production unitsHøjvangsvej 10
8370 Hadsten
| Production unit | Address | Employees | P number |
|---|---|---|---|
| BORUM A/S | Højvangsvej 10, Hadbjerg, 8370 Hadsten | 34 | 1000984950 |
Purpose
Selskabets formål er at drive virksomhed med fabrikation og salg.
The purpose is quoted from the register in Danish.
Changes year by year
70 registered events42015
42016
92017
02018
02019
02020
12021
72022
32023
32024
62025
42026
20264 changesaccounts 1 · management 3
- AccountsAnnual report for 2025 published
- ManagementThomas Rask Jensen appointed board member
- ManagementChristian Lund Madsen appointed chair of the board
- ManagementThomas Rask Jensen stepped down as chair of the board
20256 changesmanagement 4 · accounts 1 · industry 1
- ManagementBo Mortensen appointed ceo
- ManagementPer Byrial Andersen stepped down as director
- ManagementPer Byrial Andersen appointed director
- ManagementKristian Flittner Snoghøj stepped down as ceo
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Manufacture of machinery for mining, quarrying and construction (289200)
20243 changesaccounts 1 · management 2
- AccountsAnnual report for 2023 published
- ManagementNiels Ulrik Toft Marcussen appointed board member
- ManagementSøren Mølgaard Kristensen stepped down as board member
20233 changesmanagement 2 · accounts 1
- ManagementSøren Mølgaard Kristensen appointed board member
- ManagementLars Bundgaard Sørensen stepped down as board member
- AccountsAnnual report for 2022 published
20227 changesmanagement 6 · accounts 1
- ManagementKristian Flittner Snoghøj appointed ceo
- ManagementJørn Hansen-Christensen stepped down as ceo
- AccountsAnnual report for 2021 published
- ManagementThomas Rask Jensen appointed chair of the board
- ManagementHenrik Sørensen appointed board member
- ManagementHenrik Sørensen stepped down as chair of the board
- ManagementThomas Rask Jensen stepped down as board member
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20179 changesmanagement 9
- ManagementIb Richard Neustrup Simonsen stepped down as board member
- ManagementIb Richard Neustrup Simonsen appointed board member
- ManagementHenrik Sørensen appointed chair of the board
- ManagementJørn Hansen-Christensen appointed ceo
- ManagementLars Bundgaard Sørensen appointed board member
- ManagementJørn Hansen-Christensen stepped down as board member
- ManagementIb Richard Neustrup Simonsen stepped down as director
- ManagementLars Bundgaard Sørensen stepped down as chair of the board
- ManagementHenrik Sørensen stepped down as board member
20164 changesmanagement 3 · name 1
- ManagementJørn Hansen-Christensen appointed board member
- ManagementThomas Rask Jensen appointed board member
- ManagementSøren Mølgaard Kristensen stepped down as board member
- NameName changed from BORUM INDUSTRI A/S to BORUM A/S
20154 changesmanagement 1 · ownership 3
- ManagementOle Munch stepped down as board member
- OwnershipSTRAIGHTFORWARD HOLDING A/S registered as owner (100%)
- OwnershipSTIMULI INVEST A/S is no longer registered as owner
- OwnershipSTRAIGHTFORWARD HOLDING A/S is no longer registered as owner
20149 changesmanagement 7 · ownership 2
- ManagementLars Bundgaard Sørensen appointed chair of the board
- ManagementSøren Mølgaard Kristensen appointed board member
- ManagementIb Richard Neustrup Simonsen appointed director
- ManagementHenrik Sørensen appointed board member
- ManagementSusanne Munch stepped down as board member
- ManagementPer Søtang Lauridsen stepped down as chair of the board
- ManagementOle Munch stepped down as ceo
- OwnershipSTIMULI INVEST A/S registered as owner (10%)
- OwnershipSTRAIGHTFORWARD HOLDING A/S registered as owner (66.67%)
20085 changesmanagement 4 · industry 1
- ManagementSusanne Munch appointed board member
- ManagementPer Søtang Lauridsen appointed chair of the board
- ManagementJesper Bjørn Rasmussen stepped down as chair of the board
- ManagementJan Hannestad stepped down as board member
- IndustryIndustry changed to Manufacture of machinery for mining, quarrying and construction (289200)
20077 changesmanagement 6 · address 1
- ManagementJan Hannestad appointed board member
- ManagementOle Munch appointed ceo
- ManagementJesper Bjørn Rasmussen appointed chair of the board
- ManagementOle Munch appointed board member
- ManagementJan Hannestad stepped down as ceo
- ManagementJan Hannestad appointed ceo
- AddressMoved to Højvangsvej 10, Hadbjerg, 8370 Hadsten
20052 changesmanagement 2
- ManagementTove Smith Nikolajsen stepped down as board member
- ManagementJohn Leth Jensen stepped down as ceo
20022 changesmanagement 2
- ManagementTove Smith Nikolajsen appointed board member
- ManagementKnud Erik Juul Larsen stepped down as board member
20011 changeaddress 1
- AddressMoved to Højvangsvej 10, Hadbjerg, 8370 Hadsten
19963 changesfounded 1 · management 2
- FoundedRegistered as BORUM INDUSTRI A/S
- ManagementJohn Leth Jensen appointed ceo
- ManagementKnud Erik Juul Larsen appointed board member
Related companies
Same people in management
- BEUMER Group A/Svia Ole Munch
- NCC Industry A/Svia Thomas Rask Jensen
- Fårup Sommerland A/Svia Søren Mølgaard Kristensen
- Desmi Pumping Technology A/Svia Henrik Sørensen
- Bucher Municipal A/Svia Jesper Bjørn Rasmussen
- Aalborg Boldspilklub A/Svia Ib Richard Neustrup Simonsen
Largest in the industry
- Disa Industries A/SDKK 322.1m
- A/S Hydrema ProduktionDKK 123.4m
- Epoke A/SDKK 98.8m
- Kvm A/SDKK 65.2m
- Haarup Maskinfabrik A/SDKK 34.8m
- Fremco A/SDKK 30.3m
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.