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COWI A/S

Public limited companyCVR 44623528Kgs.LyngbyActive

COWI A/S is a public limited company, based in Kgs.Lyngby, active in engineering consultancy in construction and civil engineering, founded in 1972. Net profit rose 10% from 2024 to 2025, ending at DKK 234.9m. Profit has grown three years in a row. Operations are spread over 9 production units in 9 towns.

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Key figures · financial year 2025

RevenueDKK 4bn+0.1% vs. 2024
Net profitDKK 234.9m+9.9% vs. 2024
EquityDKK 493.2m+5.9% vs. 2024
Employees2,937latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Net profit rose 10% (2024 → 2025), to DKK 234.9m.
  • Equity rose 6% (2024 → 2025), to DKK 493.2m.

Employees

  • 30 fewer employees than a year earlier: 2,937 (07/2026) against 2,967 (07/2025).

Management and owners, last 24 months

  • New in management: Maja Wadum (board member, 01/03/2026), Jens Mejer Frederiksen (deputy board member, 29/06/2026) and Randi Muff Christensen (board member, 29/06/2026) (+1).
  • Stepped down: Maja Wadum (deputy board member, 28/02/2026), Christoffer Kjær Bechgaard (board member, 01/03/2026) and Randi Muff Christensen (deputy board member, 28/06/2026) (+2).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Engineering consultancy in construction and civil engineering (711210)

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 100mDKK 200mDKK 300mDKK 400mDKK 500m202020212022202320242025
EquityNet profit
Financial figures for COWI A/S
202020212022202320242025Change
Revenue2,949,3812,937,0433,275,6213,761,8543,960,7913,964,043+0.1%
Gross profit2,268,8102,322,0922,615,017191,616–––
Operating profit (EBIT)147,71081,300140,330190,527258,555300,276+16.1%
Profit before tax128,07896,165141,726201,964280,941310,871+10.7%
Net profit84,92664,967101,892131,319213,645234,884+9.9%
Total assets1,816,9311,449,0191,443,1791,576,5891,660,8291,624,920−2.2%
Equity417,085321,258317,302350,514465,857493,204+5.9%
Liabilities983,590713,423740,473844,427858,928772,391−10.1%
Cash and cash equivalents65,06826,37530,16914,91833,59913,663−59.3%
Average number of employees32,5342,7383,0292,8602,852−0.3%

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.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 500mDKK 1bnDKK 1.5bnDKK 2bnDKK 2.5bn202020212022202320242025
Gross profitMedian, the industry (795 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 COWI A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202517/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202429/04/2025The companyPDFXBRL
202301/01/2023 – 31/12/202301/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202222/03/2023The companyPDFXBRL
202101/01/2021 – 31/12/202119/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202007/04/2021The 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
05001,0001,5002,0002,5003,0003,50008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

795 companies in the database

Comparison with the other companies in engineering consultancy in construction and civil engineering based on the latest financial year.

EquityDKK 493.2mNo. 7 of 795
Better than 99% of the companies in the industry
Number of employees2,937No. 2 of 795
Better than 100% of the companies in the industry

Industry median: gross profit DKK 2.8m, net profit DKK 406k, equity DKK 1.2m, 3 employees.

DKK 100kDKK 1.3mDKK 17.2mDKK 225.1mDKK 1.3bn
Distribution of gross profit for 750 companies in the industry (latest financial year, logarithmic scale).

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 1,000 employees or more177 companies in the comparisonnot stated
No. 111of 177
Better than 38%
Companies that are at least 30 years old10,276 companies in the comparisonnot stated
No. 375of 10,275
Better than 96%
All companies of type A/S18,025 companies in the comparisonnot stated
No. 727of 18,024
Better than 96%

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

Engineering consultancy in construction and civil engineering
Gross profit
  1. COWI A/SDKK 191.6m
  2. Rambøll Danmark A/SDKK 3bn
  3. Sweco Danmark A/SDKK 1.7bn
Net profit
  1. COWI A/SDKK 234.9m
  2. Rambøll Danmark A/SDKK 169.1m
  3. Sweco Danmark A/SDKK 231m
Equity
  1. COWI A/SDKK 493.2m
  2. Rambøll Danmark A/SDKK 950.5m
  3. Sweco Danmark A/SDKK 766.8m
Employees
  1. COWI A/S2,937
  2. Rambøll Danmark A/S3,293
  3. Sweco Danmark A/S1,864

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
COWI A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

7 active registrations

Executive management

Executive management at COWI A/S
NameRoleAppointed
Sidsel Stabell HoppeCEO29/06/2026

Board of directors

Board of directors at COWI A/S
NameRoleAppointed
Jens Højgaard ChristoffersenChair of the board04/11/2022
Natalie Ghazale Shaverdian Riise-KnudsenDeputy chair04/11/2022
Marius Weydahl BergBoard member20/03/2024
Maja WadumBoard member01/03/2026
Jens Mejer FrederiksenDeputy board member29/06/2026
Randi Muff ChristensenBoard member29/06/2026
Former management (111)
Former management at COWI A/S
NameRoleAppointedResigned
Torben BennichBoard member06/06/197225/10/1990
Klaus Henrik OstenfeldBoard member06/06/197226/10/1992
Ole Vinther HolmBoard member06/06/197221/09/1998
Knud MoestrupBoard member06/06/197213/11/1989
Mogens HøjDirector06/06/197213/01/2000
Dorte Bülow LynghusDeputy board member06/06/197221/09/1998
Christian BuschBoard member06/06/197225/10/1990
Holger Talbot-PedersenBoard member06/06/197228/10/1987
Aksel Gerhardt FrandsenBoard member06/06/197225/10/1990
John Hebo NielsenDirector06/06/197225/10/1990
Knud BergholtChair of the board06/06/197228/10/1987
Allan Wad KronstamDirector06/06/197228/10/1988
Svend Aage RasmussenChair of the board06/06/197226/10/1992
Svend Aage RasmussenCEO06/06/197228/10/1987
Knud Bent AndersenChair of the board06/06/197204/10/1996
Knud Bent AndersenDirector06/06/197226/10/1992
Jens Jonas JessenBoard member06/06/197225/10/1990
Jes Frederik Clauson-KaasBoard member06/06/197221/09/1998
Jørgen Magnus Ole MalmborgDirector06/06/197226/10/1992
Eigil Steen PedersenCEO06/06/197201/05/2000
Ib ThorsengBoard member06/06/197225/10/1990
Knud EgebjergBoard member06/06/197211/11/1994
Niels Christian NielsenBoard member06/06/197220/04/2006
Jan Røgind JørgensenDeputy board member06/06/197225/10/1990
Jørgen Vineke PedersenBoard member06/06/197225/10/1990
Gunvor Birgit VelserDeputy board member06/06/197211/11/1994
Peter Kahr GreveDeputy board member06/06/197225/10/1990
Bent Erik SørensenBoard member06/06/197208/01/1992
Vagn JensenDirector06/06/197213/01/2000
Leo JensenBoard member06/06/197221/09/1998
Bente OlsenBoard member06/06/197211/11/1994
Jytte Ellen JakobsenBoard member06/06/197211/11/1994
Merete Cecilie Strange HovgaardDeputy board member06/06/197221/09/1998
Tonny Flemming JensenBoard member06/06/197206/11/1995
Brian SeebergDeputy board member06/06/197221/09/1998
Henning Anker PedersenBoard member06/06/197226/10/1992
Kim Henrik MeilstrupDeputy board member06/06/197221/09/1998
Knut Magnus EkebergBoard member06/06/197221/09/1998
Rasmus Kristian WiuffDeputy chair23/09/199622/09/1997
Erik Yding AndersenBoard member23/09/199627/09/1999
Torsten MølgaardBoard member22/09/199706/10/2000
Ole JensenBoard member22/09/199714/02/2000
Carsten KærgaardBoard member21/09/199824/09/2001
Flemming Lindbæk KronholmDeputy board member21/09/199830/04/1999
Carsten Digmann StigBoard member21/09/199830/04/2001
Peter Michael Steen JacobsenBoard member21/09/199823/09/2002
Per PommerDeputy board member21/09/199823/09/2002
Henriette BundgaardBoard member21/09/199831/10/2008
Knud Ejler Østergaard HansenDanmark,01/01/200024/05/2004
Keld SørensenDirector01/05/200001/10/2012
Henrik BradeBoard member25/09/200022/09/2003
Eigil Steen PedersenBoard member25/09/200022/09/2003
Ole Steen AndersenChair of the board25/09/200015/04/2008
Jørgen MadsenBoard member25/09/200011/10/2000
Ida Tom GarreDeputy chair25/09/200022/11/2002
Jørn SchønnemannBoard member25/09/200011/10/2000
Berit BankelBoard member25/09/200031/10/2005
Lars RosholmBoard member24/09/200129/03/2006
Jørgen PedersenDeputy board member23/09/200229/03/2006
Helle Susanne OlsenDeputy board member23/09/200231/10/2005
Vagn JensenDeputy chair22/11/200224/05/2004
Anders ThygeBoard member22/09/200320/04/2006
Jette Wigand KnudsenBoard member22/09/200324/05/2004
Knud Ejler Østergaard HansenDeputy chair24/05/200417/04/2007
Siri HatlenBoard member24/05/200408/11/2004
Klaus Henrik OstenfeldCEO26/04/200502/10/2008
Henning Højgaard TherkelsenDirector26/04/200501/04/2009
Majken SchultzBoard member02/05/200531/03/2011
Jens Erik Blumensaadt JensenBoard member19/03/200627/03/2014
Karl Peter WarmingDeputy board member29/03/200601/01/2010
Niels FogBoard member29/03/200627/03/2014
Lars HaugeBoard member20/04/200625/03/2010
Victor Danielsen NormanBoard member20/04/200629/08/2008
Christian Nørgaard MadsenDirector01/01/200712/05/2010
Lone Askjær HassDirector19/01/200717/08/2012
Mogens HeeringDeputy chair15/04/200831/12/2011
Henrik GürtlerChair of the board15/04/200801/10/2012
Jørgen Vilhelm Løvenørn BardenflethBoard member15/04/200801/10/2012
Lars Peter SøbyeCEO02/10/200801/10/2012
Grete FaremoBoard member23/04/200901/11/2009
Thomas Stig PlenborgBoard member25/03/201001/10/2012
Carsten Lemvigh FogDeputy board member25/03/201027/03/2014
Henrik WintherDeputy board member25/03/201027/03/2014
Michala Kjær MadsenDeputy board member25/03/201027/03/2014
Jens BrendstrupBoard member25/03/201027/03/2014
Hans Ole VoigtBoard member31/03/201101/10/2012
Kirsti Ranum Engebretsen LarssenBoard member29/03/201201/10/2012
Keld SørensenDeputy chair01/10/201216/03/2015
Michael BindseilBoard member01/10/201227/03/2014
Lars Peter SøbyeChair of the board01/10/201204/11/2022
Rasmus ØdumBoard member01/10/201220/03/2024
Rasmus ØdumCEO01/10/201201/07/2024
Ulf Kjellerup HansenBoard member27/03/201420/03/2024
Peter Schjørmann ThorsenDeputy board member27/03/201430/03/2017
Betina Lyngsø BenéeDeputy board member27/03/201430/03/2017
Camilla Strandgaard HansenBoard member27/03/201430/03/2017
Julie MeisnerBoard member26/03/201507/04/2015
Julie MeisnerDeputy chair08/04/201515/10/2015
Tomas Göran BergendahlDeputy chair15/10/201527/04/2021
Michael SienkoDeputy board member30/03/201726/03/2020
Stig Lohmann-DevantierDeputy board member30/03/201726/03/2020
Stig SkeemBoard member30/03/201726/03/2020
Carsten FjorbackBoard member26/03/202020/03/2024
Bjarke Neiegaard HoffmarkDeputy board member26/03/202020/03/2024
René Muff ThomsenDeputy board member26/03/202020/03/2024
Jens Højgaard ChristoffersenDeputy chair27/04/202103/11/2022
Maja WadumDeputy board member20/03/202428/02/2026
Christoffer Kjær BechgaardBoard member20/03/202401/03/2026
Randi Muff ChristensenDeputy board member20/03/202428/06/2026
Nina Schiellerup ThordalBoard member20/03/202429/06/2026
Henrik WintherCEO01/07/202429/06/2026

Signing rule: Selskabet tegnes af den samlede bestyrelse, formanden eller næstformanden sammen med et bestyrelsesmedlem eller af et bestyrelsesmedlem sammen med en direktør

Address and production units

9 active production units

Parallelvej 2
2800 Kgs.Lyngby

Lyngby-Taarbæk Municipality · Postcode 2800

Other companies at the address (1)

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
COWI A/SParallelvej 2, 2800 Kgs.Lyngby1,8381003082187
COWI A/SJens Chr. Skous Vej 9C, 8000 Aarhus C4441003082229
COWI A/SVisionsvej 53, 9000 Aalborg2721017449903
COWI A/SHavneparken 1, 7100 Vejle1521003082199
COWI A/SVestre Stationsvej 7, 5000 Odense C1391016446366
COWI A/SStormgade 2, 6700 Esbjerg421003082230
COWI A/SNørretorv 14, 4100 Ringsted311013440243
COWI A/SNupark 51, Måbjerg, 7500 Holstebro11009149356
COWI A/SMeterbuen 6, 2740 Skovlunde–1028498566

Purpose

Selskabets formål er at drive rådgivende virksomhed inden for ingeniørteknik, miljø og samfundsøkonomi med aktiviteter i naturlig tilknytning hertil. Målsætningen for virksomheden er at udføre rådgivning af højest mulig kvalitet målt med international målestok. Selskabets virksomhed drives i overensstemmelse med god forretningsskik samt de for selskabet vedtagne værdier og strategier.

The purpose is quoted from the register in Danish.

Changes year by year

143 registered events
202610 changesmanagement 9 · accounts 1
  • Randi Muff Christensen appointed board member
  • Jens Mejer Frederiksen appointed deputy board member
  • Sidsel Stabell Hoppe appointed ceo
  • Henrik Winther stepped down as ceo
  • Nina Schiellerup Thordal stepped down as board member
  • Randi Muff Christensen stepped down as deputy board member
  • Annual report for 2025 published
  • Maja Wadum appointed board member
  • Christoffer Kjær Bechgaard stepped down as board member
  • Maja Wadum stepped down as deputy board member
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Engineering consultancy in construction and civil engineering (711210)
202413 changesmanagement 12 · accounts 1
  • Henrik Winther appointed ceo
  • Rasmus Ødum stepped down as ceo
  • Annual report for 2023 published
  • Nina Schiellerup Thordal appointed board member
  • Christoffer Kjær Bechgaard appointed board member
  • Marius Weydahl Berg appointed board member
  • Maja Wadum appointed deputy board member
  • Randi Muff Christensen appointed deputy board member
  • Bjarke Neiegaard Hoffmark stepped down as deputy board member
  • René Muff Thomsen stepped down as deputy board member
  • Carsten Fjorback stepped down as board member
  • Ulf Kjellerup Hansen stepped down as board member
  • Rasmus Ødum stepped down as board member
20231 changeaccounts 1
  • Annual report for 2022 published
20225 changesmanagement 4 · accounts 1
  • Natalie Ghazale Shaverdian Riise-Knudsen appointed deputy chair
  • Jens Højgaard Christoffersen appointed chair of the board
  • Lars Peter Søbye stepped down as chair of the board
  • Jens Højgaard Christoffersen stepped down as deputy chair
  • Annual report for 2021 published
20213 changesmanagement 2 · accounts 1
  • Jens Højgaard Christoffersen appointed deputy chair
  • Tomas Göran Bergendahl stepped down as deputy chair
  • Annual report for 2020 published
20206 changesmanagement 6
  • Bjarke Neiegaard Hoffmark appointed deputy board member
  • René Muff Thomsen appointed deputy board member
  • Carsten Fjorback appointed board member
  • Michael Sienko stepped down as deputy board member
  • Stig Skeem stepped down as board member
  • Stig Lohmann-Devantier stepped down as deputy board member
20177 changesmanagement 6 · merger 1
  • Michael Sienko appointed deputy board member
  • Stig Skeem appointed board member
  • Stig Lohmann-Devantier appointed deputy board member
  • Peter Schjørmann Thorsen stepped down as deputy board member
  • Camilla Strandgaard Hansen stepped down as board member
  • Betina Lyngsø Benée stepped down as deputy board member
  • Merger registered in CVR
20163 changesownership 3
  • COWI HOLDING A/S registered as owner (100%)
  • COWI HOLDING A/S is no longer registered as owner
  • COWI A/S is no longer registered as owner
20159 changescapital 1 · management 6 · ownership 2
  • Share capital changed from 34,750,000 DKK to 26,505,200 DKK
  • Tomas Göran Bergendahl appointed deputy chair
  • Julie Meisner stepped down as deputy chair
  • Julie Meisner appointed deputy chair
  • Julie Meisner stepped down as board member
  • Julie Meisner appointed board member
  • Keld Sørensen stepped down as deputy chair
  • COWI HOLDING A/S registered as owner (100%)
  • COWI HOLDING A/S is no longer registered as owner
201411 changesmanagement 11
  • Peter Schjørmann Thorsen appointed deputy board member
  • Camilla Strandgaard Hansen appointed board member
  • Betina Lyngsø Benée appointed deputy board member
  • Ulf Kjellerup Hansen appointed board member
  • Michael Bindseil stepped down as board member
  • Michala Kjær Madsen stepped down as deputy board member
  • Henrik Winther stepped down as deputy board member
  • Carsten Lemvigh Fog stepped down as deputy board member
  • Jens Brendstrup stepped down as board member
  • Niels Fog stepped down as board member
  • Jens Erik Blumensaadt Jensen stepped down as board member
201213 changesmanagement 13
  • Lars Peter Søbye appointed chair of the board
  • Rasmus Ødum appointed ceo
  • Rasmus Ødum appointed board member
  • Michael Bindseil appointed board member
  • Keld Sørensen appointed deputy chair
  • Kirsti Ranum Engebretsen Larssen stepped down as board member
  • Hans Ole Voigt stepped down as board member
  • Thomas Stig Plenborg stepped down as board member
  • Lars Peter Søbye stepped down as ceo
  • Henrik Gürtler stepped down as chair of the board
  • Jørgen Vilhelm Løvenørn Bardenfleth stepped down as board member
  • Lone Askjær Hass stepped down as director
  • Kirsti Ranum Engebretsen Larssen appointed board member
20113 changesmanagement 3
  • Mogens Heering stepped down as deputy chair
  • Hans Ole Voigt appointed board member
  • Majken Schultz stepped down as board member
201010 changesmanagement 8 · ownership 2
  • Christian Nørgaard Madsen stepped down as director
  • COWI A/S registered as owner (20%)
  • COWI HOLDING A/S registered as owner (66.67%)
  • Michala Kjær Madsen appointed deputy board member
  • Henrik Winther appointed deputy board member
  • Carsten Lemvigh Fog appointed deputy board member
  • Jens Brendstrup appointed board member
  • Thomas Stig Plenborg appointed board member
  • Lars Hauge stepped down as board member
  • Karl Peter Warming stepped down as deputy board member
20093 changesmanagement 3
  • Grete Faremo stepped down as board member
  • Grete Faremo appointed board member
  • Henning Højgaard Therkelsen stepped down as director
20088 changesaddress 1 · management 6 · industry 1
  • Moved to Parallelvej 2, 2800 Kgs.Lyngby
  • Lars Peter Søbye appointed ceo
  • Klaus Henrik Ostenfeld stepped down as ceo
  • Victor Danielsen Norman stepped down as board member
  • Henrik Gürtler appointed chair of the board
  • Jørgen Vilhelm Løvenørn Bardenfleth appointed board member
  • Mogens Heering appointed deputy chair
  • Industry changed to Engineering consultancy in construction and civil engineering (711210)
20073 changesmanagement 3
  • Knud Ejler Østergaard Hansen stepped down as deputy chair
  • Lone Askjær Hass appointed director
  • Christian Nørgaard Madsen appointed director
20067 changesmanagement 7
  • Victor Danielsen Norman appointed board member
  • Lars Hauge appointed board member
  • Anders Thyge stepped down as board member
  • Niels Fog appointed board member
  • Karl Peter Warming appointed deputy board member
  • Jørgen Pedersen stepped down as deputy board member
  • Jens Erik Blumensaadt Jensen appointed board member
20054 changesmanagement 4
  • Helle Susanne Olsen stepped down as deputy board member
  • Majken Schultz appointed board member
  • Henning Højgaard Therkelsen appointed director
  • Klaus Henrik Ostenfeld appointed ceo
20045 changesmanagement 5
  • Siri Hatlen stepped down as board member
  • Siri Hatlen appointed board member
  • Knud Ejler Østergaard Hansen appointed deputy chair
  • Jette Wigand Knudsen stepped down as board member
  • Vagn Jensen stepped down as deputy chair
20033 changesmanagement 2 · address 1
  • Jette Wigand Knudsen appointed board member
  • Anders Thyge appointed board member
  • Moved to Parallelvej 2, 2800 Kgs.Lyngby
20023 changesmanagement 3
  • Vagn Jensen appointed deputy chair
  • Helle Susanne Olsen appointed deputy board member
  • Jørgen Pedersen appointed deputy board member
20014 changesname 1 · address 3
  • Name changed from COWI RÅDGIVENDE INGENIØRER A/S to COWI A/S
  • Moved to Parallelvej 2, 2800 Kgs.Lyngby
  • Moved to Parallelvej 2, 2800 Kgs.Lyngby
  • Moved to Parallelvej 2, 2800 Kgs.Lyngby
19951 changename 1
  • Name changed from COWICONSULT, RÅDGIVENDE INGENIØRER A/S to COWI RÅDGIVENDE INGENIØRER A/S
19941 changecapital 1
  • Share capital changed from 34,000,000 DKK to 34,750,000 DKK
19931 changecapital 1
  • Share capital changed from 33,704,400 DKK to 34,000,000 DKK
19922 changescapital 2
  • Share capital changed from 32,711,700 DKK to 33,704,400 DKK
  • Share capital changed from 31,664,500 DKK to 32,711,700 DKK
19901 changecapital 1
  • Share capital changed from 30,000,000 DKK to 31,664,500 DKK
19721 changefounded 1
  • Registered as COWICONSULT, RÅDGIVENDE INGENIØRER A/S

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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 23/10/2026.

View in CVRReport a correction