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Cubic- Modulsystem A/S

Public limited companyCVR 57817712BrønderslevActive

Cubic- Modulsystem A/S is a public limited company, based in Brønderslev, active in manufacture of electricity distribution and control apparatus, founded in 1979. Net profit rose 75% from 2024 to 2025, ending at DKK 283.7m. Measured by gross profit, it ranks no. 2 of 63 companies in the industry in the database. Profit has grown three years in a row.

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Key figures · financial year 2025

RevenueDKK 1.3bn+61.6% vs. 2024
Net profitDKK 283.7m+74.6% vs. 2024
EquityDKK 736.5m+62.6% vs. 2024
Employees346latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 43% (2024 → 2025), to DKK 550.3m.
  • Revenue rose 62% (2024 → 2025), to DKK 1.3bn.
  • Net profit rose 75% (2024 → 2025), to DKK 283.7m.
  • Equity rose 63% (2024 → 2025), to DKK 736.5m.

Employees

  • 35 more employees than a year earlier: 346 (07/2026) against 311 (07/2025).

Management and owners, last 24 months

  • New in management: Andrew Michael Wilber (chair of the board, 01/06/2026), Thomas Bislev Nielsen (board member, 01/10/2026) and Bjørn Holst Hellberg (board member, 01/10/2026) (+1).
  • Stepped down: Mikael Jensen (board member, 01/10/2026), Lars Ryge Nørgård Mortensen (deputy board member, 01/10/2026) and Lars Grønbak Poulsen (board member, 01/10/2026) (+1).

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 500mDKK 600mDKK 700m202020212022202320242025
EquityNet profit
Financial figures for Cubic- Modulsystem A/S
202020212022202320242025Change
Revenue455,271474,804555,818542,136806,5101,303,379+61.6%
Gross profit222,437228,332234,874229,379383,947550,346+43.3%
Operating profit (EBIT)49,88360,44649,408–202,133373,140+84.6%
Profit before tax46,02058,20447,55080,313204,188365,201+78.9%
Net profit35,77844,22735,57165,576162,474283,704+74.6%
Total assets394,902468,378525,831501,512693,7551,054,657+52%
Equity210,730234,599279,306291,112452,992736,463+62.6%
Liabilities173,907223,023236,146210,400240,763318,194+32.2%
Cash and cash equivalents26,45857,97841,63425,73874,501114,643+53.9%
Average number of employees430390–242252261+3.6%

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 100mDKK 200mDKK 300mDKK 400mDKK 500mDKK 600m202020212022202320242025
Gross profitMedian, the industry (63 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 Cubic- Modulsystem A/S
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202531/03/2026The companyPDF not statedXBRL
202401/10/2023 – 30/09/202417/03/2025The companyPDFXBRL
202301/10/2022 – 30/09/202311/01/2024The companyPDFXBRL
202201/10/2021 – 30/09/202224/02/2023The groupPDFXBRL
202101/10/2020 – 30/09/202121/12/2021The groupPDFXBRL
202001/10/2019 – 30/09/202011/12/2020The groupPDFXBRL

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
05010015020025030035008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

63 companies in the database

Comparison with the other companies in manufacture of electricity distribution and control apparatus based on the latest financial year.

Gross profitDKK 550.3mNo. 2 of 63
Better than 98% of the companies in the industry
EquityDKK 736.5mNo. 2 of 63
Better than 98% of the companies in the industry
Number of employees346No. 5 of 63
Better than 94% of the companies in the industry

Industry median: gross profit DKK 10m, net profit DKK 1.4m, equity DKK 6.8m, 16 employees.

DKK 161kDKK 1.3mDKK 11.2mDKK 93.3mDKK 383.6mHere
Distribution of gross profit for 62 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 200–499 employees796 companies in the comparison
No. 44of 763
Better than 94%
No. 82of 796
Better than 90%
Companies that are at least 30 years old10,276 companies in the comparison
No. 160of 10,152
Better than 98%
No. 272of 10,275
Better than 97%
All companies of type A/S18,025 companies in the comparison
No. 258of 17,786
Better than 99%
No. 523of 18,024
Better than 97%

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 electricity distribution and control apparatus
Gross profit
  1. Cubic- Modulsystem A/SDKK 550.3m
  2. KK Group A/SDKK 777.8m
  3. Powercon A/SDKK 273.1m
Net profit
  1. Cubic- Modulsystem A/SDKK 283.7m
  2. KK Group A/SDKK 30.1m
  3. Powercon A/SDKK 96.8m
Equity
  1. Cubic- Modulsystem A/SDKK 736.5m
  2. KK Group A/SDKK 1.2bn
  3. Powercon A/SDKK 185.3m
Employees
  1. Cubic- Modulsystem A/S346
  2. KK Group A/S705
  3. Powercon A/S235

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
  • Rockwell Automation, Inc.100%
Cubic- Modulsystem A/S

Management

10 active registrations

Executive management

Executive management at Cubic- Modulsystem A/S
NameRoleAppointed
Jesper Sand FristrupDirector31/03/2017

Board of directors

Board of directors at Cubic- Modulsystem A/S
NameRoleAppointed
Thomas Felix LangkjærBoard member31/10/2022
Kawal MaharajBoard member31/10/2022
Erik Julien Jozef CasselmanBoard member31/10/2022
Jan Maria J. Van Den BosscheBoard member31/10/2022
Peter Louis Heegaard AndersenBoard member15/02/2023
Andrew Michael WilberChair of the board01/06/2026
Thomas Bislev NielsenBoard member01/10/2026
Bjørn Holst HellbergBoard member01/10/2026
Lone Søndermølle AndersenDeputy board member01/10/2026
Former management (56)
Former management at Cubic- Modulsystem A/S
NameRoleAppointedResigned
Ejgil Møller KristensenBoard member27/06/197919/09/2006
Tage Bojsen-MøllerBoard member27/06/197902/11/1988
Birthe Marianne Holm BuskBoard member27/06/197901/11/1996
Jens Torben FristrupDirector27/06/197931/03/2017
Bent Søren Østergaard BansholtBoard member27/06/197914/07/1995
Willy SchmidtBoard member27/06/197913/12/1990
Niels Kristian AgnerDeputy chair27/06/197911/02/1994
Jytte NielsenBoard member27/06/197903/05/2000
Peter LaursenBoard member27/06/197901/11/1995
Palle AndersenDeputy board member27/06/197921/01/1998
Henrik Folden JensenDeputy board member27/06/197921/01/1998
Lars FournaiseChair of the board18/01/199617/06/2010
Jacob Møller KnudsenDirector01/11/199630/03/2017
Esper Ravn PoulsenDeputy board member21/01/199803/05/2000
Aage Therkel ThomsenBoard member21/01/199829/11/2001
Henrik FogBoard member21/01/199819/09/2006
Jan Erik PedersenDeputy board member21/01/199830/05/2002
Jørgen IversenBoard member01/02/199811/02/2004
Jørgen IversenDirector01/02/199801/02/1998
Peter RoedDeputy chair01/02/199811/03/2005
Henrik HebbelstrupBoard member03/05/200015/02/2023
Leo Lassen NørgaardDeputy board member03/05/200030/05/2002
Brian NielsenDeputy board member30/05/200219/09/2006
Jens Torben FristrupBoard member11/03/200530/03/2017
Jørgen SillesenDeputy chair11/03/200517/06/2010
Jacob Møller KnudsenBoard member11/03/200531/07/2024
Lone DuerlundBoard member30/11/200517/06/2010
Svend Nielsen-GøgsigBoard member19/09/200604/02/2019
Steen Møller LarsenDeputy board member19/09/200630/11/2010
Morten Vinkler NielsenDeputy board member19/09/200630/11/2010
Henrik JensenBoard member19/09/200610/02/2015
Kent Jørgen LindbergChair of the board17/06/201014/10/2011
Freddy Ansgar Skjødt HansenDeputy board member30/11/201010/02/2015
Jesper HansenDeputy board member30/11/201010/02/2015
Jan Vestergaard OlsenChair of the board14/10/201115/02/2017
Stig BehrensdorffBoard member10/01/201214/02/2017
Jesper Sand FristrupBoard member10/01/201228/01/2014
Marianne Øe FristrupBoard member28/01/201431/10/2022
Lars Steen JensenDeputy board member10/02/201514/02/2017
Anders JensenDeputy board member10/02/201505/02/2019
Lars Christian NielsenDeputy board member10/02/201505/02/2019
René LarsenBoard member10/02/201515/02/2023
Lars Steen JensenDeputy board member15/02/201705/02/2019
Stig BehrensdorffChair of the board15/02/201730/03/2017
Jesper Sand FristrupBoard member15/02/201731/10/2022
Jens Torben FristrupChair of the board31/03/201731/10/2022
Jacob Møller KnudsenCEO31/03/201731/07/2024
Stig BehrensdorffBoard member31/03/201731/10/2022
Svend Nielsen-GøgsigDeputy board member05/02/201915/02/2023
Jesper HansenDeputy board member05/02/201915/02/2023
Mikael JensenBoard member05/02/201901/10/2026
Palle Jensen KrabsenDeputy board member05/02/201915/02/2023
Robert Laverne Buttermore IIIChair of the board31/10/202211/07/2023
Lars Ryge Nørgård MortensenDeputy board member15/02/202301/10/2026
Lars Grønbak PoulsenBoard member15/02/202301/10/2026
Barry Norton ElliottChair of the board11/07/202301/06/2026

Signing rule: Selskabet tegnes af den samlede bestyrelse eller af formanden for bestyrelsen i forening med en direktør eller 1 bestyrelsesmedlem.

Address and production units

5 active production units

Skjoldborgsgade 21
9700 Brønderslev

Brønderslev Municipality · Postcode 9700

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
CUBIC-MODULSYSTEM A/SSkjoldborgsgade 21, 9700 Brønderslev1261003122692
CUBIC-MODULSYSTEM A/SMølhavevej 20, 9440 Aabybro821003122710
CUBIC-Modulsystem A/SIndustrivej 25, 9700 Brønderslev571030994953
CUBIC- MODULSYSTEM A/SSkjoldborgsgade 16-18, 9700 Brønderslev471012593429
CUBIC-Modulsystem A/SSkjoldborgsgade 23, 9700 Brønderslev201019556138

Purpose

Selskabets formål er at drive virksomhed i ind- og udland med industri og handel, fortrinsvis med elektromekaniske artikler og udstyr, samt at investere i virksomheder og selskaber inden for samme eller andre formål.

The purpose is quoted from the register in Danish.

Changes year by year

135 registered events
20269 changesmanagement 8 · accounts 1
  • Lone Søndermølle Andersen appointed deputy board member
  • Bjørn Holst Hellberg appointed board member
  • Thomas Bislev Nielsen appointed board member
  • Lars Ryge Nørgård Mortensen stepped down as deputy board member
  • Lars Grønbak Poulsen stepped down as board member
  • Mikael Jensen stepped down as board member
  • Andrew Michael Wilber appointed chair of the board
  • Barry Norton Elliott stepped down as chair of the board
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20243 changesmanagement 2 · accounts 1
  • Jacob Møller Knudsen stepped down as ceo
  • Jacob Møller Knudsen stepped down as board member
  • Annual report for 2023 published
202311 changesmanagement 10 · accounts 1
  • Barry Norton Elliott appointed chair of the board
  • Robert Laverne Buttermore III stepped down as chair of the board
  • Annual report for 2022 published
  • Lars Ryge Nørgård Mortensen appointed deputy board member
  • Peter Louis Heegaard Andersen appointed board member
  • Lars Grønbak Poulsen appointed board member
  • Palle Jensen Krabsen stepped down as deputy board member
  • Jesper Hansen stepped down as deputy board member
  • Svend Nielsen-Gøgsig stepped down as deputy board member
  • René Larsen stepped down as board member
  • Henrik Hebbelstrup stepped down as board member
202212 changesmanagement 9 · ownership 3
  • Kawal Maharaj appointed board member
  • Thomas Felix Langkjær appointed board member
  • Robert Laverne Buttermore III appointed chair of the board
  • Jan Maria J. Van Den Bossche appointed board member
  • Erik Julien Jozef Casselman appointed board member
  • Jens Torben Fristrup stepped down as chair of the board
  • Stig Behrensdorff stepped down as board member
  • Jesper Sand Fristrup stepped down as board member
  • Marianne Øe Fristrup stepped down as board member
  • Rockwell Automation, Inc. registered as owner (100%)
  • REGULUS ApS is no longer registered as owner
  • JMK HOLDING ApS is no longer registered as owner
20211 changeaccounts 1
  • Annual report for 2021 published
20201 changeaccounts 1
  • Annual report for 2020 published
20198 changesmanagement 8
  • Mikael Jensen appointed board member
  • Palle Jensen Krabsen appointed deputy board member
  • Jesper Hansen appointed deputy board member
  • Svend Nielsen-Gøgsig appointed deputy board member
  • Lars Steen Jensen stepped down as deputy board member
  • Lars Christian Nielsen stepped down as deputy board member
  • Anders Jensen stepped down as deputy board member
  • Svend Nielsen-Gøgsig stepped down as board member
20181 changemerger 1
  • Merger registered in CVR
201713 changesmanagement 13
  • Jens Torben Fristrup appointed chair of the board
  • Jesper Sand Fristrup appointed director
  • Stig Behrensdorff appointed board member
  • Jacob Møller Knudsen appointed ceo
  • Stig Behrensdorff stepped down as chair of the board
  • Jens Torben Fristrup stepped down as board member
  • Jacob Møller Knudsen stepped down as director
  • Stig Behrensdorff appointed chair of the board
  • Jesper Sand Fristrup appointed board member
  • Lars Steen Jensen appointed deputy board member
  • Jan Vestergaard Olsen stepped down as chair of the board
  • Lars Steen Jensen stepped down as deputy board member
  • Stig Behrensdorff stepped down as board member
20157 changesmanagement 7
  • Lars Steen Jensen appointed deputy board member
  • René Larsen appointed board member
  • Lars Christian Nielsen appointed deputy board member
  • Anders Jensen appointed deputy board member
  • Jesper Hansen stepped down as deputy board member
  • Freddy Ansgar Skjødt Hansen stepped down as deputy board member
  • Henrik Jensen stepped down as board member
20143 changesmerger 1 · management 2
  • Merger registered in CVR
  • Marianne Øe Fristrup appointed board member
  • Jesper Sand Fristrup stepped down as board member
20122 changesmanagement 2
  • Jesper Sand Fristrup appointed board member
  • Stig Behrensdorff appointed board member
20112 changesmanagement 2
  • Jan Vestergaard Olsen appointed chair of the board
  • Kent Jørgen Lindberg stepped down as chair of the board
201012 changescapital 1 · management 8 · ownership 2 · merger 1
  • Share capital changed from 27,997,500 DKK to 28,000,000 DKK
  • Jesper Hansen appointed deputy board member
  • Freddy Ansgar Skjødt Hansen appointed deputy board member
  • Morten Vinkler Nielsen stepped down as deputy board member
  • Steen Møller Larsen stepped down as deputy board member
  • REGULUS ApS registered as owner (50%)
  • JMK HOLDING ApS registered as owner (50%)
  • Kent Jørgen Lindberg appointed chair of the board
  • Lone Duerlund stepped down as board member
  • Jørgen Sillesen stepped down as deputy chair
  • Lars Fournaise stepped down as chair of the board
  • Merger registered in CVR
20082 changesindustry 2
  • Industry changed to Manufacture of electricity distribution and control apparatus (271200)
  • Industry changed to Manufacture of other fabricated metal products n.e.c. (259900)
20071 changeaddress 1
  • Moved to Skjoldborgsgade 21, 9700 Brønderslev
20066 changesmanagement 6
  • Henrik Jensen appointed board member
  • Morten Vinkler Nielsen appointed deputy board member
  • Steen Møller Larsen appointed deputy board member
  • Svend Nielsen-Gøgsig appointed board member
  • Brian Nielsen stepped down as deputy board member
  • Henrik Fog stepped down as board member
20055 changesmanagement 5
  • Lone Duerlund appointed board member
  • Jens Torben Fristrup appointed board member
  • Jacob Møller Knudsen appointed board member
  • Jørgen Sillesen appointed deputy chair
  • Peter Roed stepped down as deputy chair
20041 changemanagement 1
  • Jørgen Iversen stepped down as board member
20023 changesmanagement 3
  • Brian Nielsen appointed deputy board member
  • Leo Lassen Nørgaard stepped down as deputy board member
  • Jan Erik Pedersen stepped down as deputy board member
20011 changemanagement 1
  • Aage Therkel Thomsen stepped down as board member
20005 changescapital 1 · management 4
  • Share capital changed from 29,000,000 DKK to 27,997,500 DKK
  • Leo Lassen Nørgaard appointed deputy board member
  • Henrik Hebbelstrup appointed board member
  • Esper Ravn Poulsen stepped down as deputy board member
  • Jytte Nielsen stepped down as board member
199811 changescapital 1 · management 10
  • Share capital changed from 28,500,000 DKK to 29,000,000 DKK
  • Jørgen Iversen appointed director
  • Jørgen Iversen stepped down as director
  • Peter Roed appointed deputy chair
  • Jørgen Iversen appointed board member
  • Aage Therkel Thomsen appointed board member
  • Jan Erik Pedersen appointed deputy board member
  • Henrik Fog appointed board member
  • Esper Ravn Poulsen appointed deputy board member
  • Henrik Folden Jensen stepped down as deputy board member
  • Palle Andersen stepped down as deputy board member
19971 changecapital 1
  • Share capital changed from 28,000,000 DKK to 28,500,000 DKK
19963 changesmanagement 2 · capital 1
  • Jacob Møller Knudsen appointed director
  • Share capital changed from 20,000,000 DKK to 28,000,000 DKK
  • Lars Fournaise appointed chair of the board
19951 changemanagement 1
  • Peter Laursen stepped down as board member
19912 changescapital 2
  • Share capital changed from 12,000,000 DKK to 20,000,000 DKK
  • Share capital changed from 6,000,000 DKK to 12,000,000 DKK
19881 changemanagement 1
  • Tage Bojsen-Møller stepped down as board member
19796 changesfounded 1 · management 5
  • Registered as CUBIC- MODULSYSTEM A/S
  • Tage Bojsen-Møller appointed board member
  • Henrik Folden Jensen appointed deputy board member
  • Palle Andersen appointed deputy board member
  • Peter Laursen appointed board member
  • Jytte Nielsen appointed board member

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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