Cow-tech ApS

Private limited companyCVR 29213763MariagerActive

Cow-tech ApS is a private limited company, based in Mariager, active in wholesale of agricultural machinery, equipment and supplies, founded in 2005. Net profit fell 87% from 2024 to 2025, ending at DKK 141k.

PDF report Compare

Key figures · financial year 2025

Gross profitDKK 7.4m−17.4% vs. 2024

Net profitDKK 141k−87.4% vs. 2024

EquityDKK 4.4m−12.3% vs. 2024

Employees11latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit fell 17% (2024 → 2025), to DKK 7.4m.
Net profit fell 87% (2024 → 2025), to DKK 141k.
Equity fell 12% (2024 → 2025), to DKK 4.4m.

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

EquityNet profit

Financial figures for Cow-tech ApS
	2020	2021	2022	2023	2024	2025	Change
Revenue	not stated	not stated	not stated	not stated	not stated	not stated	–
Gross profit	6,553	6,513	8,217	7,862	8,989	7,425	−17.4%
Operating profit (EBIT)	874	1,102	1,700	815	1,750	553	−68.4%
Profit before tax	695	965	1,528	580	1,434	291	−79.7%
Net profit	536	743	1,182	437	1,114	141	−87.4%
Total assets	7,855	9,895	11,811	10,715	9,898	12,693	+28.2%
Equity	3,292	3,735	4,317	4,154	4,968	4,359	−12.3%
Liabilities	4,562	6,157	7,459	6,482	4,858	8,222	+69.3%

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 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

Compare with the industry (230 companies)

Gross profitMedian, the industry (230 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 Cow-tech ApS
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	26/06/2026	The company	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	26/06/2025	The company	PDF XBRL
2023	01/01/2023 – 31/12/2023	31/05/2024	The company	PDF XBRL
2022	01/01/2022 – 31/12/2022	15/05/2023	The company	PDF XBRL
2021	01/01/2021 – 31/12/2021	19/04/2022	The company	PDF XBRL
2020	01/01/2020 – 31/12/2020	31/05/2021	The company	PDF XBRL

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

Employees

Position in the industry

230 companies in the database

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

Gross profitDKK 7.4mNo. 109 of 230

Better than 53% of the companies in the industry

EquityDKK 4.4mNo. 142 of 230

Better than 38% of the companies in the industry

Number of employees11No. 104 of 230

Better than 55% of the companies in the industry

Industry median: gross profit DKK 6.9m, net profit DKK 958k, equity DKK 6.6m, 10 employees.

Distribution of gross profit for 224 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
Group	Gross profit	Equity
Companies with fewer than 20 employees69,967 companies in the comparison	No. 7,843of 69,742 Better than 89%	No. 15,469of 69,964 Better than 78%
Same industry and fewer than 20 employees153 companies in the comparison	No. 37of 153 Better than 76%	No. 70of 153 Better than 55%
Companies that are between 15 and 29 years old24,910 companies in the comparison	No. 7,444of 24,791 Better than 70%	No. 10,397of 24,909 Better than 58%
All companies of type ApS66,508 companies in the comparison	No. 8,836of 66,379 Better than 87%	No. 12,371of 66,505 Better than 81%

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 agricultural machinery, equipment and supplies

Gross profit

Cow-tech ApSDKK 7.4m
Semler Agro A/SDKK 150m
TBS Maskinpower ApSDKK 142.9m

Net profit

Cow-tech ApSDKK 141k
Semler Agro A/S−DKK 26.3m
TBS Maskinpower ApS−DKK 2.4m

Equity

Cow-tech ApSDKK 4.4m
Semler Agro A/SDKK 238.2m
TBS Maskinpower ApSDKK 129.4m

Employees

Cow-tech ApS11
Semler Agro A/S284
TBS Maskinpower ApS187

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

Poulsminde Holding ApS33.33%
Bang Nielsen Holding ApS33.33%
Kjærsø Holding ApS33.33%

Cow-tech ApS

Management

6 active registrations

Executive management

Executive management at Cow-tech ApS
Name	Role	Appointed
Martin Christensen	CEO	20/06/2023
Bjarne Bang Nielsen	Director	20/06/2023
Michael Wang Pedersen	Director	20/06/2023

Board of directors

Board of directors at Cow-tech ApS
Name	Role	Appointed
Martin Christensen	Board member	03/10/2011
Bjarne Bang Nielsen	Board member	03/10/2011
Michael Wang Pedersen	Chair of the board	20/06/2023

Auditor: Revisorerne Godkendt Revisionsanpartsselskab
Founders: Martin Christensen, Hornumgård ApS

Former management (2)

Former management at Cow-tech ApS
Name	Role	Appointed	Resigned
Martin Christensen	Director	22/12/2005	19/06/2023
Peter Holm	Chair of the board	03/10/2011	20/06/2023

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

Address and production units

1 active production units

Fjelstedvej 16
9550 Mariager

Mariagerfjord Municipality · Postcode 9550

Other companies at the address (1)

Poulsminde ApSDemolition

Production units
Production unit	Address	Industry	Employees	P number
COW-TECH ApS	Fjelstedvej 16, 9550 Mariager	Wholesale of agricultural machinery, equipment and supplies	11	1011915023

Purpose

Selskabets formål er salg, service og etablering af malkeanlæg og lignende virksomhed, der af direktionen skønnes forenelig med selskabets førnævnte formål.

The purpose is quoted from the register in Danish.

Changes year by year

32 registered events

02015

02016

02017

02018

22019

02020

12021

12022

132023

12024

12025

12026

20261 changeaccounts 1

26/06AccountsAnnual report for 2025 published

20251 changeaccounts 1

26/06AccountsAnnual report for 2024 published

20241 changeaccounts 1

31/05AccountsAnnual report for 2023 published

202313 changesownership 5 · capital 1 · management 6 · accounts 1

21/06OwnershipPOULSMINDE HOLDING ApS registered as owner (33.33%)
21/06OwnershipBANG NIELSEN HOLDING ApS registered as owner (33.33%)
21/06OwnershipKjærsø Holding ApS registered as owner (33.33%)
20/06CapitalShare capital changed from 253,000 DKK to 253,002 DKK
20/06ManagementMichael Wang Pedersen appointed director
20/06ManagementMartin Christensen appointed ceo
20/06ManagementBjarne Bang Nielsen appointed director
20/06ManagementMichael Wang Pedersen appointed chair of the board
20/06ManagementPeter Holm stepped down as chair of the board
20/06OwnershipPOULSMINDE HOLDING ApS is no longer registered as owner
20/06OwnershipBANG NIELSEN HOLDING ApS is no longer registered as owner
19/06ManagementMartin Christensen stepped down as director
15/05AccountsAnnual report for 2022 published

20221 changeaccounts 1

19/04AccountsAnnual report for 2021 published

20211 changeaccounts 1

31/05AccountsAnnual report for 2020 published

20192 changesownership 2

31/03OwnershipPOULSMINDE HOLDING ApS registered as owner (50%)
30/03OwnershipPOULSMINDE HOLDING ApS is no longer registered as owner

20116 changesmanagement 3 · capital 1 · ownership 2

03/10ManagementPeter Holm appointed chair of the board
03/10ManagementMartin Christensen appointed board member
03/10ManagementBjarne Bang Nielsen appointed board member
02/10CapitalShare capital changed from 125,000 DKK to 253,000 DKK
23/08OwnershipPOULSMINDE HOLDING ApS registered as owner (33.33%)
23/08OwnershipBANG NIELSEN HOLDING ApS registered as owner (50%)

20083 changesaddress 1 · name 1 · industry 1

11/03AddressMoved to Fjelstedvej 16, 9550 Mariager
29/02NameName changed from SULDRUP MALKETEKNIK ApS to COW-TECH ApS
01/01IndustryIndustry changed to Wholesale of agricultural machinery, equipment and supplies (466100)

20071 changeaddress 1

01/01AddressMoved to Hjedsbækvej 349, 9541 Suldrup

20052 changesfounded 1 · management 1

22/12FoundedRegistered as SULDRUP MALKETEKNIK ApS
22/12ManagementMartin Christensen appointed director

Related companies

Same industry in Mariagerfjord

Vilofarm A/S49 employees
Agrotek A/S34 employees
Lindus Maskinhandel ApS9 employees
Jens Lübeck Agro ApS6 employees
Pöttinger Scandinavia ApS6 employees
Karsko Group A/S2 employees

See all →

Same people in management

Agrotek A/Svia Peter Holm
Ib E. Mortensen A/Svia Peter Holm
Poulsminde ApSvia Martin Christensen

Largest in the industry

See all →

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 CVR Report a correction