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Cassøe A/S

Public limited companyCVR 26987555HerningActive

Cassøe A/S is a public limited company, based in Herning, active in wholesale of hardware, heating equipment and supplies, founded in 2004. Net profit fell 6% from 2024 to 2025, ending at DKK 7.6m. Gross profit is higher than that of 79% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 20.9m−4.3% vs. 2024
Net profitDKK 7.6m−5.9% vs. 2024
EquityDKK 22.7m+2.6% vs. 2024
Employees19latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 4% (2024 → 2025), to DKK 20.9m.
  • Net profit fell 6% (2024 → 2025), to DKK 7.6m.
  • Equity rose 3% (2024 → 2025), to DKK 22.7m.

Employees

  • 2 more employees than a year earlier: 19 (08/2026) against 17 (08/2025).

Management and owners, last 24 months

  • New in management: Michael Cassøe (chair of the board, 01/07/2025), Jørn Strange Lykke (ceo, 01/07/2025) and Per-Arne Johan Mikael Andersson (board member, 01/07/2025).
  • Stepped down: Michael Cassøe (ceo, 01/07/2025) and Per-Arne Johan Mikael Andersson (chair of the board, 30/06/2025).

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 2020–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25m202020212022202320242025
EquityNet profit
Financial figures for Cassøe A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit20,00523,82221,73120,63321,81720,885−4.3%
Operating profit (EBIT)13,73415,96013,31511,02110,1969,696−4.9%
Profit before tax13,71315,93513,29511,12810,3449,735−5.9%
Net profit10,65712,41610,3688,6838,0457,568−5.9%
Total assets25,15329,93442,24831,97830,33330,996+2.2%
Equity14,59721,01323,38124,07522,12022,688+2.6%
Liabilities10,2568,62118,5677,8238,1368,259+1.5%
Cash and cash equivalents8,1577,88721,72813,5898,2880−100%
Average number of employees121414161716−5.9%

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 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

DKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25m202020212022202320242025
Gross profitMedian, the industry (219 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 Cassøe A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202505/02/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202413/02/2025The companyPDFXBRL
202301/01/2023 – 31/12/202325/01/2024The companyPDFXBRL
202201/01/2022 – 31/12/202224/01/2023The companyPDFXBRL
202101/01/2021 – 31/12/202127/01/2022The companyPDFXBRL
202001/01/2020 – 31/12/202005/02/2021The 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
0246810121416182009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

219 companies in the database

Comparison with the other companies in wholesale of hardware, heating equipment and supplies based on the latest financial year.

Gross profitDKK 20.9mNo. 46 of 217
Better than 79% of the companies in the industry
EquityDKK 22.7mNo. 48 of 219
Better than 78% of the companies in the industry
Number of employees19No. 59 of 219
Better than 73% of the companies in the industry

Industry median: gross profit DKK 6.9m, net profit DKK 840k, equity DKK 6.4m, 8 employees.

DKK 154kDKK 1.4mDKK 12.4mDKK 111.2mDKK 480.2mHere
Distribution of gross profit for 208 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. 1,415of 69,742
Better than 98%
No. 5,316of 69,964
Better than 92%
Same industry and fewer than 20 employees167 companies in the comparison
No. 7of 167
Better than 96%
No. 9of 167
Better than 95%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 3,256of 24,791
Better than 87%
No. 4,096of 24,909
Better than 84%
All companies of type A/S18,025 companies in the comparison
No. 5,744of 17,786
Better than 68%
No. 5,760of 18,024
Better than 68%

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

Wholesale of hardware, heating equipment and supplies
Gross profit
  1. Cassøe A/SDKK 20.9m
  2. Saint-gobain Distribution Denmark A/SDKK 997.9m
  3. Ahlsell Danmark A/SDKK 730.1m
Net profit
  1. Cassøe A/SDKK 7.6m
  2. Saint-gobain Distribution Denmark A/SDKK 4.7m
  3. Ahlsell Danmark A/S−DKK 26.6m
Equity
  1. Cassøe A/SDKK 22.7m
  2. Saint-gobain Distribution Denmark A/SDKK 399.2m
  3. Ahlsell Danmark A/SDKK 611m
Employees
  1. Cassøe A/S19
  2. Saint-gobain Distribution Denmark A/S822
  3. Ahlsell Danmark A/S764

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
  • Svedbergs Group AB100%
Cassøe A/S

Management

5 active registrations

Executive management

Executive management at Cassøe A/S
NameRoleAppointed
Jørn Strange LykkeCEO01/07/2025

Board of directors

Board of directors at Cassøe A/S
NameRoleAppointed
Inger Beate HennessyBoard member23/11/2023
Ann-Sofie Martina DavidssonBoard member23/11/2023
Michael CassøeChair of the board01/07/2025
Per-Arne Johan Mikael AnderssonBoard member01/07/2025
Founders
Peter Cassøe Dalsgaard
Former management (16)
Former management at Cassøe A/S
NameRoleAppointedResigned
Peter Cassøe DalsgaardDirector29/06/200402/06/2008
Karen Videbæk DalsgaardChair of the board29/06/200414/05/2013
Betina Grøn DalsgaardBoard member29/06/200431/03/2006
Jørgen ZartovBoard member31/03/200630/05/2008
Allan Nielsen ØgelundBoard member27/04/200730/05/2008
Michael CassøeBoard member30/05/200801/12/2020
Michael CassøeDirector02/06/200830/11/2020
Gitte UldahlChair of the board14/05/201301/12/2020
Camilla CassøeBoard member14/05/201330/09/2013
Peter Cassøe DalsgaardBoard member30/09/201324/02/2016
Camilla CassøeBoard member24/02/201601/12/2020
Michael CassøeCEO01/12/202001/07/2025
Per-Arne Johan Mikael AnderssonChair of the board01/12/202030/06/2025
Mats-Ove Håkan LundmarkBoard member01/12/202023/11/2023
Tony Åke Reino ArvidssonBoard member01/12/202001/08/2023
Linda JohanssonBoard member01/08/202323/11/2023

Signing rule: Selskabet tegnes af den samlede bestyrelse, af to bestyrelsesmedlemmer i forening eller af et bestyrelsesmedlem i forening med en direktør.

Address and production units

1 active production units

Orebygårdvej 9
7400 Herning

Herning Municipality · Postcode 7400

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
CASSØE A/SOrebygårdvej 9, Tjørring, 7400 Herning191010653823

Purpose

Selskabets formål er salg af VVS-artikler og dermed beslægtet virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

63 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20256 changesmanagement 5 · accounts 1
  • Per-Arne Johan Mikael Andersson appointed board member
  • Jørn Strange Lykke appointed ceo
  • Michael Cassøe appointed chair of the board
  • Michael Cassøe stepped down as ceo
  • Per-Arne Johan Mikael Andersson stepped down as chair of the board
  • Annual report for 2024 published
20242 changesaddress 1 · accounts 1
  • Moved to Orebygårdvej 9, Tjørring, 7400 Herning
  • Annual report for 2023 published
20239 changesownership 2 · management 6 · accounts 1
  • Svedbergs Group AB registered as owner (100%)
  • Svedbergs Group AB is no longer registered as owner
  • Ann-Sofie Martina Davidsson appointed board member
  • Inger Beate Hennessy appointed board member
  • Linda Johansson stepped down as board member
  • Mats-Ove Håkan Lundmark stepped down as board member
  • Linda Johansson appointed board member
  • Tony Åke Reino Arvidsson stepped down as board member
  • Annual report for 2022 published
20223 changesaddress 2 · accounts 1
  • Moved to Orebygårdvej 9, Tjørring, 7400 Herning
  • Moved to Taksvej 24, 7400 Herning
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
202011 changesmanagement 8 · ownership 3
  • Per-Arne Johan Mikael Andersson appointed chair of the board
  • Tony Åke Reino Arvidsson appointed board member
  • Mats-Ove Håkan Lundmark appointed board member
  • Michael Cassøe appointed ceo
  • Camilla Cassøe stepped down as board member
  • Gitte Uldahl stepped down as chair of the board
  • Michael Cassøe stepped down as board member
  • Svedbergs Group AB registered as owner (90%)
  • M. CASSØE HOLDING ApS is no longer registered as owner
  • ULDAHL HOLDING AF 2012 ApS is no longer registered as owner
  • Michael Cassøe stepped down as director
20165 changesownership 3 · management 2
  • M. CASSØE HOLDING ApS registered as owner (90%)
  • PD HOLDING, HERNING ApS is no longer registered as owner
  • Camilla Cassøe appointed board member
  • Peter Cassøe Dalsgaard stepped down as board member
  • M. CASSØE HOLDING ApS is no longer registered as owner
20135 changesmanagement 5
  • Peter Cassøe Dalsgaard appointed board member
  • Camilla Cassøe stepped down as board member
  • Camilla Cassøe appointed board member
  • Gitte Uldahl appointed chair of the board
  • Karen Videbæk Dalsgaard stepped down as chair of the board
20123 changesownership 3
  • PD HOLDING, HERNING ApS registered as owner (25%)
  • M. CASSØE HOLDING ApS registered as owner (50%)
  • ULDAHL HOLDING AF 2012 ApS registered as owner (10%)
20101 changecapital 1
  • Share capital changed from 833,333 DKK to 843,333 DKK
20086 changesmanagement 5 · industry 1
  • Michael Cassøe appointed director
  • Peter Cassøe Dalsgaard stepped down as director
  • Michael Cassøe appointed board member
  • Allan Nielsen Øgelund stepped down as board member
  • Jørgen Zartov stepped down as board member
  • Industry changed to Engroshandel med isenkram, varmeanlæg og tilbehør (467400)
20073 changesaddress 1 · capital 1 · management 1
  • Moved to Taksvej 24, 7400 Herning
  • Share capital changed from 500,000 DKK to 833,333 DKK
  • Allan Nielsen Øgelund appointed board member
20062 changesmanagement 2
  • Jørgen Zartov appointed board member
  • Betina Grøn Dalsgaard stepped down as board member
20045 changesindustry 1 · founded 1 · management 3
  • Industry changed to Engroshandel med isenkram og varmeanlæg samt tilbehør (515400)
  • Registered as CASSØE A/S
  • Karen Videbæk Dalsgaard appointed chair of the board
  • Betina Grøn Dalsgaard appointed board member
  • Peter Cassøe Dalsgaard appointed director

Related companies

Same industry in Herning

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