Covidence A/S
Public limited companyCVR 30492765RisskovActive
Covidence A/S is a public limited company, based in Risskov, active in manufacture of communication equipment, founded in 2007. Net profit fell 7% from 2024 to 2025, ending at DKK 43.2m. Measured by gross profit, it ranks no. 2 of 39 companies in the industry in the database. Operations are spread over 3 production units.
Key figures · financial year 2025
Gross profitDKK 108.3m−6.6% vs. 2024
Net profitDKK 43.2m−6.7% vs. 2024
EquityDKK 77.6m−4.2% vs. 2024
Employees31latest month from CVR
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 7% (2024 → 2025), to DKK 108.3m.
- Net profit fell 7% (2024 → 2025), to DKK 43.2m.
- Equity fell 4% (2024 → 2025), to DKK 77.6m.
Employees
- 3 fewer employees than a year earlier: 31 (08/2026) against 34 (08/2025).
Management and owners, last 24 months
- New in management: Kenneth Peter Cordes (board member, 12/08/2025), Kenneth Peter Cordes (ceo, 12/08/2025) and Peter Bjerregaard (board member, 22/04/2026) (+2).
- Stepped down: Kim Nyborg Carlsen (board member, 30/06/2025), Kim Nyborg Carlsen (ceo, 30/06/2025) and Charlotte Aahøj Kert (board member, 22/04/2026) (+2).
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 | 106,492 | 109,910 | 116,736 | 119,089 | 116,008 | 108,316 | −6.6% |
| Operating profit (EBIT) | 85,074 | 83,376 | 79,951 | 66,475 | 59,970 | 54,991 | −8.3% |
| Profit before tax | 86,178 | 82,896 | 86,880 | 64,424 | 60,520 | 55,162 | −8.9% |
| Net profit | 68,737 | 65,839 | 70,178 | 49,668 | 46,327 | 43,216 | −6.7% |
| Total assets | 104,086 | 129,248 | 138,125 | 172,305 | 158,926 | 157,410 | −1% |
| Equity | 75,961 | 97,199 | 102,361 | 84,273 | 80,960 | 77,580 | −4.2% |
| Liabilities | 25,342 | 28,003 | 30,008 | 80,939 | 69,330 | 72,328 | +4.3% |
| Cash and cash equivalents | 24,182 | 41,471 | 29,175 | 22,884 | 18,760 | 4,961 | −73.6% |
| Average number of employees | 32 | 35 | 42 | 48 | 53 | 48 | −9.4% |
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 figuresProfit 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/07/2024 – 30/06/2025 | 24/11/2025 | The company | PDF not statedXBRL |
| 2024 | 01/07/2023 – 30/06/2024 | 20/12/2024 | The company | PDFXBRL |
| 2023 | 01/07/2022 – 30/06/2023 | 01/11/2023 | The company | PDFXBRL |
| 2022 | 01/07/2021 – 30/06/2022 | 17/10/2022 | The company | PDFXBRL |
| 2021 | 01/07/2020 – 30/06/2021 | 01/11/2021 | The company | PDFXBRL |
| 2020 | 01/07/2019 – 30/06/2020 | 13/11/2020 | 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
40 companies in the databaseComparison with the other companies in manufacture of communication equipment based on the latest financial year.
Gross profitDKK 108.3mNo. 2 of 39
Better than 97% of the companies in the industry
EquityDKK 77.6mNo. 4 of 40
Better than 92% of the companies in the industry
Number of employees31No. 7 of 40
Better than 85% of the companies in the industry
Industry median: gross profit DKK 7.9m, net profit DKK 541k, equity DKK 4.7m, 8 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. 120of 9,892 Better than 99% | No. 461of 9,922 Better than 95% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 662of 24,791 Better than 97% | No. 1,663of 24,909 Better than 93% |
| All companies of type A/S18,025 companies in the comparison | No. 1,461of 17,786 Better than 92% | No. 2,698of 18,024 Better than 85% |
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 communication equipmentGross profit
- Covidence A/SDKK 108.3m
- Saab Danmark A/SDKK 148.6m
- Damm Cellular Systems A/SDKK 84.1m
Net profit
- Covidence A/SDKK 43.2m
- Saab Danmark A/S−DKK 42m
- Damm Cellular Systems A/SDKK 24.8m
Equity
- Covidence A/SDKK 77.6m
- Saab Danmark A/SDKK 45.1m
- Damm Cellular Systems A/SDKK 60.7m
Employees
- Covidence A/S31
- Saab Danmark A/S347
- Damm Cellular Systems A/S77
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterOwners
- Black Topco ApS100%
Covidence A/S
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Kenneth Peter Cordes | CEO | 12/08/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Mark William Joseph | Chair of the board | 07/01/2022 |
| Kenneth Peter Cordes | Board member | 12/08/2025 |
| Peter Bjerregaard | Board member | 22/04/2026 |
- Founders
- Klebæk Holding ApS, Messerschmidt Holding ApS, Team Møgelvang Holding ApS
Former management (22)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Jimmi Møgelvang Hansen | Board member | 02/04/2007 | 23/05/2019 |
| Jimmi Møgelvang Hansen | Director | 02/04/2007 | 05/06/2018 |
| Peter Enrum Zacher Sørensen | Board member | 02/04/2007 | 14/01/2009 |
| Kent Messerschmidt | Board member | 02/04/2007 | 22/01/2009 |
| Michael Nørup | Board member | 22/01/2008 | 12/05/2015 |
| Jon Erik Malthe-Bruun | Board member | 12/06/2008 | 12/05/2015 |
| Peder Næsborg | Chair of the board | 20/05/2010 | 12/05/2015 |
| Henrik Klebæk | Board member | 20/05/2010 | 23/05/2019 |
| Kenneth Christian Fink Mikkelsen | Board member | 12/05/2015 | 22/08/2023 |
| Peter Eckhardt | Director | 01/09/2016 | 19/05/2017 |
| Jacob Florian Randbæk | CEO | 05/06/2018 | 21/09/2021 |
| Jacob Florian Randbæk | Board member | 23/05/2019 | 21/09/2021 |
| Mark William Joseph | Chair of the board | 23/05/2019 | 23/09/2021 |
| Kenneth Christian Fink Mikkelsen | CEO | 24/09/2021 | 07/01/2022 |
| Kim Nyborg Carlsen | Chair of the board | 24/09/2021 | 06/01/2022 |
| Mark William Joseph | Board member | 24/09/2021 | 06/01/2022 |
| Kim Nyborg Carlsen | Board member | 07/01/2022 | 30/06/2025 |
| Kim Nyborg Carlsen | CEO | 07/01/2022 | 30/06/2025 |
| Adam Frahm | Board member | 22/08/2023 | 01/12/2023 |
| Charlotte Aahøj Kert | Board member | 01/12/2023 | 22/04/2026 |
| Charlotte Aahøj Kert | Director | 30/06/2025 | 12/08/2025 |
| Adam Frahm | Board member | 30/06/2025 | 12/08/2025 |
Signing rule: Selskabet tegnes af en direktør eller af den samlede bestyrelse
Address and production units
3 active production unitsLystrupvej 50
8240 Risskov
Aarhus Municipality · Postcode 8240
Other companies at the address (2)
- Risskov Dyrehospital ApSVeterinary activities
- Grey Bidco 2019 ApSNon-financial holding companies
| Production unit | Address | Employees | P number |
|---|---|---|---|
| COVIDENCE A/S (Rønde) | Lystrupvej 50, 8240 Risskov | 24 | 1013174535 |
| COVIDENCE A/S (STØVRING) | Østre Alle 6, 9530 Støvring | 4 | 1019267349 |
| COVIDENCE A/S | Lystrupvej 50, 8240 Risskov | – | 1028048234 |
Purpose
Selskabets formål er udvikling produktion og salg af elektronik samt dermed beslægtet virksomhed
The purpose is quoted from the register in Danish.
Changes year by year
69 registered events52015
12016
12017
22018
42019
12020
102021
92022
82023
12024
92025
22026
20262 changesmanagement 2
- ManagementPeter Bjerregaard appointed board member
- ManagementCharlotte Aahøj Kert stepped down as board member
20259 changesaccounts 1 · management 8
- AccountsAnnual report for 2025 published
- ManagementKenneth Peter Cordes appointed ceo
- ManagementKenneth Peter Cordes appointed board member
- ManagementAdam Frahm stepped down as board member
- ManagementCharlotte Aahøj Kert stepped down as director
- ManagementAdam Frahm appointed board member
- ManagementCharlotte Aahøj Kert appointed director
- ManagementKim Nyborg Carlsen stepped down as ceo
- ManagementKim Nyborg Carlsen stepped down as board member
20241 changeaccounts 1
- AccountsAnnual report for 2024 published
20238 changesmanagement 4 · accounts 1 · capital 1 · ownership 2
- ManagementCharlotte Aahøj Kert appointed board member
- ManagementAdam Frahm stepped down as board member
- AccountsAnnual report for 2023 published
- ManagementAdam Frahm appointed board member
- ManagementKenneth Christian Fink Mikkelsen stepped down as board member
- CapitalShare capital changed from 2,941,800 DKK to 2,948,800 DKK
- OwnershipBlack Topco ApS registered as owner (100%)
- OwnershipBlack Topco ApS is no longer registered as owner
20229 changesaccounts 1 · address 1 · management 6 · industry 1
- AccountsAnnual report for 2022 published
- AddressMoved to Lystrupvej 50, 8240 Risskov
- ManagementKim Nyborg Carlsen appointed ceo
- ManagementMark William Joseph appointed chair of the board
- ManagementKim Nyborg Carlsen appointed board member
- ManagementKenneth Christian Fink Mikkelsen stepped down as ceo
- ManagementKim Nyborg Carlsen stepped down as chair of the board
- ManagementMark William Joseph stepped down as board member
- IndustryIndustry changed to Manufacture of communication equipment (263000)
202110 changesownership 2 · accounts 1 · management 6 · address 1
- OwnershipBlack Topco ApS registered as owner (100%)
- OwnershipBlack Bidco ApS is no longer registered as owner
- AccountsAnnual report for 2021 published
- ManagementKenneth Christian Fink Mikkelsen appointed ceo
- ManagementKim Nyborg Carlsen appointed chair of the board
- ManagementMark William Joseph appointed board member
- ManagementMark William Joseph stepped down as chair of the board
- AddressMoved to Strandvejen 2A, 8410 Rønde
- ManagementJacob Florian Randbæk stepped down as board member
- ManagementJacob Florian Randbæk stepped down as ceo
20201 changeaccounts 1
- AccountsAnnual report for 2020 published
20194 changesmanagement 4
- ManagementMark William Joseph appointed chair of the board
- ManagementJacob Florian Randbæk appointed board member
- ManagementHenrik Klebæk stepped down as board member
- ManagementJimmi Møgelvang Hansen stepped down as board member
20182 changesmanagement 2
- ManagementJacob Florian Randbæk appointed ceo
- ManagementJimmi Møgelvang Hansen stepped down as director
20171 changemanagement 1
- ManagementPeter Eckhardt stepped down as director
20161 changemanagement 1
- ManagementPeter Eckhardt appointed director
20155 changesmanagement 4 · ownership 1
- ManagementKenneth Christian Fink Mikkelsen appointed board member
- ManagementPeder Næsborg stepped down as chair of the board
- ManagementJon Erik Malthe-Bruun stepped down as board member
- ManagementMichael Nørup stepped down as board member
- OwnershipBlack Bidco ApS registered as owner (100%)
20141 changeindustry 1
- IndustryIndustry changed to Manufacture of optical instruments, magnetic and optical media and photographic equipment (267000)
20104 changescapital 1 · management 2 · address 1
- CapitalShare capital changed from 2,836,000 DKK to 2,941,800 DKK
- ManagementHenrik Klebæk appointed board member
- ManagementPeder Næsborg appointed chair of the board
- AddressMoved to Strandvejen 2A, 8410 Rønde
20093 changescapital 1 · management 2
- CapitalShare capital changed from 2,070,000 DKK to 2,836,000 DKK
- ManagementKent Messerschmidt stepped down as board member
- ManagementPeter Enrum Zacher Sørensen stepped down as board member
20083 changesmanagement 2 · industry 1
- ManagementJon Erik Malthe-Bruun appointed board member
- ManagementMichael Nørup appointed board member
- IndustryIndustry changed to Manufacture of communication equipment (263000)
20075 changesfounded 1 · management 4
- FoundedRegistered as COVIDENCE A/S
- ManagementPeter Enrum Zacher Sørensen appointed board member
- ManagementKent Messerschmidt appointed board member
- ManagementJimmi Møgelvang Hansen appointed director
- ManagementJimmi Møgelvang Hansen appointed board member
Related companies
Same people in management
- Powercare A/Svia Peter Enrum Zacher Sørensen
- BEUMER Group A/Svia Kim Nyborg Carlsen
- Djurslands Bank A/Svia Peter Enrum Zacher Sørensen
- Svend Hoyer A/Svia Kenneth Peter Cordes
- Marineshaft A/Svia Peder Næsborg
- Composhield A/Svia Michael Nørup
Largest in the industry
- Saab Danmark A/SDKK 148.6m
- Damm Cellular Systems A/SDKK 84.1m
- Fabelgade ApSDKK 65.7m
- Chora A/SDKK 56.6m
- UXV Technologies ApSDKK 55.4m
- Procom A/SDKK 54.8m
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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.