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Cesco A/S

Public limited companyCVR 19748480GørdingActive

Cesco A/S is a public limited company, based in Gørding, active in wholesale of other machinery and equipment, founded in 1996. Net profit fell 19% from 2024 to 2025, ending at DKK 1.6m.

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Key figures · financial year 2025

Gross profitDKK 7.9m−1.2% vs. 2024
Net profitDKK 1.6m−19.4% vs. 2024
EquityDKK 19.9m+8.8% vs. 2024
Employees11latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 1% (2024 → 2025), to DKK 7.9m.
  • Net profit fell 19% (2024 → 2025), to DKK 1.6m.
  • Equity rose 9% (2024 → 2025), to DKK 19.9m.

Employees

  • 3 fewer employees than a year earlier: 11 (08/2026) against 14 (08/2025).

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 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16mDKK 18mDKK 20m20182019202320242025
EquityNet profit
Financial figures for Cesco A/S
20182019202320242025Change
Revenuenot statednot statednot statednot statednot stated–
Gross profit4,4095,3347,2667,9977,903−1.2%
Operating profit (EBIT)5481,7582,3382,6051,318−49.4%
Profit before tax8771,7862,1512,5041,835−26.7%
Net profit7451,3771,7061,9941,607−19.4%
Total assets15,98518,70728,16228,50632,307+13.3%
Equity7,0228,24916,34018,33519,941+8.8%
Liabilities8,77710,35911,6099,90812,049+21.6%
Cash and cash equivalents116953−45.7%
Average number of employees89111213+8.3%

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 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6mDKK 7mDKK 8m20182019202320242025
Gross profitMedian, the industry (1,000 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 Cesco A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202526/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202417/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202324/06/2024The companyPDFXBRL
201901/01/2019 – 31/12/201929/05/2020The companyPDFXBRL
201801/01/2018 – 31/12/201814/05/2019The 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
0246810121409/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

1,000 companies in the database

Comparison with the other companies in wholesale of other machinery and equipment based on the latest financial year.

Gross profitDKK 7.9mNo. 425 of 1,000
Better than 58% of the companies in the industry
EquityDKK 19.9mNo. 219 of 1,000
Better than 78% of the companies in the industry
Number of employees11No. 289 of 1,000
Better than 71% of the companies in the industry

Industry median: gross profit DKK 6m, net profit DKK 772k, equity DKK 4.8m, 6 employees.

DKK 100kDKK 961kDKK 9.2mDKK 88.8mDKK 401.7mHere
Distribution of gross profit for 957 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. 7,097of 69,742
Better than 90%
No. 5,806of 69,964
Better than 92%
Same industry and fewer than 20 employees769 companies in the comparison
No. 200of 769
Better than 74%
No. 71of 769
Better than 91%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 7,121of 24,791
Better than 71%
No. 4,447of 24,909
Better than 82%
All companies of type A/S18,025 companies in the comparison
No. 10,038of 17,786
Better than 44%
No. 6,185of 18,024
Better than 66%

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 other machinery and equipment
Gross profit
  1. Cesco A/SDKK 7.9m
  2. HydraSpecma A/SDKK 854.1m
  3. Sanovo Technology A/SDKK 779.2m
Net profit
  1. Cesco A/SDKK 1.6m
  2. HydraSpecma A/SDKK 142.1m
  3. Sanovo Technology A/SDKK 204.2m
Equity
  1. Cesco A/SDKK 19.9m
  2. HydraSpecma A/SDKK 1.2bn
  3. Sanovo Technology A/SDKK 592.3m
Employees
  1. Cesco A/S11
  2. HydraSpecma A/S365
  3. Sanovo Technology A/S216

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
  • Cesco Holding ApS100%
Cesco A/S

Management

4 active registrations

Executive management

Executive management at Cesco A/S
NameRoleAppointed
Carsten Elo SchmidtDirector23/12/1996

Board of directors

Board of directors at Cesco A/S
NameRoleAppointed
Carsten Elo SchmidtBoard member15/03/2004
Helle NielsenBoard member28/04/2005
Max-Jørgen SchaumannBoard member04/12/2014
Founders
Carsten Elo Schmidt
Former management (5)
Former management at Cesco A/S
NameRoleAppointedResigned
Annette JensenBoard member15/03/200406/05/2008
Henrik Lodberg JensenBoard member15/03/200428/04/2005
Børge HansenBoard member06/05/200804/12/2014
Charlotte Friis BjerregaardBoard member26/06/201304/12/2014
Peter Rex DrescherBoard member30/10/201827/03/2019

Signing rule: Selskabet tegnes af en direktør eller af den samlede bestyrelse.

Address and production units

1 active production units

Industrivej 3
6690 Gørding

Esbjerg Municipality · Postcode 6690

Production units
Production unitAddressEmployeesP number
CESCO A/SIndustrivej 3, 6690 Gørding111004812680

Purpose

Selskabets formål er handel og finansiering.

The purpose is quoted from the register in Danish.

Changes year by year

31 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20203 changesownership 2 · accounts 1
  • Cesco Holding ApS registered as owner (100%)
  • Carsten Elo Schmidt is no longer registered as owner
  • Annual report for 2019 published
20193 changesaddress 1 · accounts 1 · management 1
  • Moved to Industrivej 3, 6690 Gørding
  • Annual report for 2018 published
  • Peter Rex Drescher stepped down as board member
20181 changemanagement 1
  • Peter Rex Drescher appointed board member
20143 changesmanagement 3
  • Max-Jørgen Schaumann appointed board member
  • Charlotte Friis Bjerregaard stepped down as board member
  • Børge Hansen stepped down as board member
20131 changemanagement 1
  • Charlotte Friis Bjerregaard appointed board member
20092 changesname 1 · address 1
  • Name changed from POUL MADSEN EN GROS A/S to CESCO A/S
  • Moved to Ørnevej 4, 6705 Esbjerg Ø
20083 changesmanagement 2 · industry 1
  • Børge Hansen appointed board member
  • Annette Jensen stepped down as board member
  • Industry changed to Engroshandel med andre maskiner og andet udstyr (466900)
20071 changeaddress 1
  • Moved to Håndværksvej 3, St Darum, 6740 Bramming
20052 changesmanagement 2
  • Helle Nielsen appointed board member
  • Henrik Lodberg Jensen stepped down as board member
20046 changesname 1 · address 1 · capital 1 · management 3
  • Name changed from POUL MADSEN EN GROS ApS to POUL MADSEN EN GROS A/S
  • Moved to Håndværksvej 3, St Darum, 6740 Bramming
  • Share capital changed from 125,000 DKK to 500,000 DKK
  • Annette Jensen appointed board member
  • Henrik Lodberg Jensen appointed board member
  • Carsten Elo Schmidt appointed board member
19963 changesfounded 1 · management 1 · ownership 1
  • Registered as POUL MADSEN EN GROS ApS
  • Carsten Elo Schmidt appointed director
  • Carsten Elo Schmidt registered as owner (100%)

Related companies

Same industry in Esbjerg

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.

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