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Damcos A/S

Public limited companyCVR 49698119NæstvedActive

Damcos A/S is a public limited company, based in Næstved, active in manufacture of fluid power equipment, founded in 1965. Net profit rose 327% from 2024 to 2025, ending at DKK 246.1m. Measured by gross profit, it ranks no. 2 of 29 companies in the industry in the database. Operations are spread over 3 production units in 3 towns.

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Key figures · financial year 2025

RevenueDKK 591.6m+14.6% vs. 2024
Net profitDKK 246.1m+326.7% vs. 2024
EquityDKK 469.2m+71.8% vs. 2024
Employees223latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 7% (2024 → 2025), to DKK 205.1m.
  • Revenue rose 15% (2024 → 2025), to DKK 591.6m.
  • Net profit rose 327% (2024 → 2025), to DKK 246.1m.
  • Equity rose 72% (2024 → 2025), to DKK 469.2m.

Employees

  • 19 more employees than a year earlier: 223 (07/2026) against 204 (07/2025).

Management and owners, last 24 months

  • New in management: Kim Rønn (board member, 01/04/2025) and Kim Rønn (director, 01/04/2025).
  • Stepped down: Kenneth Krogh Andersen (board member, 01/04/2025) and Kenneth Krogh Andersen (ceo, 01/04/2025).

Registrations, last 24 months

  • 01/04/2026: Merger registered in CVR

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 Damcos A/S
202020212022202320242025Change
Revenue326,139282,391367,995522,926516,191591,620+14.6%
Gross profit128,831107,788132,130190,277192,307205,100+6.7%
Operating profit (EBIT)53,75137,42456,35886,10977,92482,837+6.3%
Profit before tax54,13736,76762,51687,49977,005277,755+260.7%
Net profit40,45927,58945,71767,14157,676246,092+326.7%
Total assets531,987493,433505,538399,420464,925725,500+56%
Equity404,997392,586248,303275,444273,120469,212+71.8%
Liabilities121,87596,239252,465119,384187,003251,074+34.3%
Cash and cash equivalents65000–0–
Average number of employees176171167181184193+4.9%

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 50mDKK 100mDKK 150mDKK 200m202020212022202320242025
Gross profitMedian, the industry (29 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 Damcos A/S
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202530/03/2026The companyPDF not statedXBRL
202401/10/2023 – 30/09/202407/04/2025The companyPDF not statedXBRL
202301/10/2022 – 30/09/202301/03/2024The companyPDFXBRL
202201/10/2021 – 30/09/202231/03/2023The companyPDFXBRL
202101/10/2020 – 30/09/202108/03/2022The companyPDFXBRL
202001/10/2019 – 30/09/202024/02/2021The 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
05010015020025008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

29 companies in the database

Comparison with the other companies in manufacture of fluid power equipment based on the latest financial year.

Gross profitDKK 205.1mNo. 2 of 29
Better than 96% of the companies in the industry
EquityDKK 469.2mNo. 2 of 29
Better than 96% of the companies in the industry
Number of employees223No. 2 of 29
Better than 96% of the companies in the industry

Industry median: gross profit DKK 24.3m, net profit DKK 2.3m, equity DKK 21.3m, 37 employees.

DKK 1mDKK 4.9mDKK 23.5mDKK 113.2mDKK 323.4mHere
Distribution of gross profit for 29 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. 278of 763
Better than 64%
No. 128of 796
Better than 84%
Companies that are at least 30 years old10,276 companies in the comparison
No. 429of 10,152
Better than 96%
No. 392of 10,275
Better than 96%
All companies of type A/S18,025 companies in the comparison
No. 767of 17,786
Better than 96%
No. 756of 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

Manufacture of fluid power equipment
Gross profit
  1. Damcos A/SDKK 205.1m
  2. Danfoss Power Solutions ApSDKK 546.5m
  3. Vexve A/SDKK 160.9m
Net profit
  1. Damcos A/SDKK 246.1m
  2. Danfoss Power Solutions ApSDKK 255.8m
  3. Vexve A/SDKK 31.7m
Equity
  1. Damcos A/SDKK 469.2m
  2. Danfoss Power Solutions ApSDKK 491.7m
  3. Vexve A/SDKK 78.8m
Employees
  1. Damcos A/S223
  2. Danfoss Power Solutions ApS1,047
  3. Vexve A/S189

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
  • Damcos Holding A/S100%
Damcos A/S

Management

9 active registrations

Executive management

Executive management at Damcos A/S
NameRoleAppointed
Kim RønnDirector01/04/2025

Board of directors

Board of directors at Damcos A/S
NameRoleAppointed
Tommy Lund GleerupBoard member01/01/2008
Hans Jakob NørrChair of the board01/08/2019
Ole Brændegaard BojesenBoard member01/08/2019
Matthew James SweeneyBoard member01/08/2019
Bo Schmidt JensenDeputy board member22/02/2024
Lars Thorsten BruunDeputy board member22/02/2024
Stephanie Lykke AndersenBoard member22/02/2024
Kim RønnBoard member01/04/2025
Auditor
KPMG P/S
Former management (50)
Former management at Damcos A/S
NameRoleAppointedResigned
Harald Jensen AgerleyBoard member09/01/196520/02/1989
Peter Hansen-DammBoard member09/01/196523/02/1996
Vagn Steen Larsen BenderBoard member09/01/196525/02/1994
Hans Jørgen GustavsenBoard member09/01/196512/07/1993
John OlesenDirector09/01/196522/09/1988
Steen Giørtz BehrensBoard member09/01/196501/01/2008
Pia Yvonne RasmussenDeputy board member09/01/196521/05/1999
Søren NielsenDeputy board member09/01/196521/05/1999
Karsten MoeBoard member25/02/199422/12/2004
Karsten MoeDirector25/02/199417/02/1997
Niels Erik HansenBoard member23/02/199630/03/2000
Tommy Dan AndersenBoard member21/05/199914/06/2000
Bror Claus ZørnDeputy board member21/05/199914/06/2000
Vibeke Rønløv NielsenDeputy board member21/05/199911/04/2003
Jørgen Mads ClausenChair of the board30/03/200030/03/2001
John KarstensenBoard member14/06/200011/04/2003
Thomas JensenDeputy board member14/06/200011/04/2003
Sven RuderChair of the board30/03/200122/12/2004
Lars Thorsten BruunDeputy board member11/04/200330/01/2020
Leif SteenBoard member11/04/200301/01/2008
Hans Henrik FischerBoard member22/12/200405/01/2007
Steffen Kjeld ThomsenBoard member22/12/200405/01/2007
Flemming Robert JacobsBoard member22/12/200405/01/2007
Ove Lydiksen SørensenCEO22/12/200401/09/2009
Leif Rune Kennet NilssonChair of the board22/12/200405/01/2007
Søren René KristiansenDirector01/03/200629/06/2007
Ove Lydiksen SørensenBoard member05/01/200701/09/2009
Robert Thomas SharpBoard member05/01/200701/09/2009
Anthony Edward YankauskasBoard member05/01/200722/08/2014
Steven Alan SonnenbergChair of the board05/01/200714/01/2009
Jens Evang ChristensenBoard member01/01/200801/03/2012
Helle Nybo MidjordDeputy board member01/01/200831/03/2022
Michael Howard TrainChair of the board14/01/200926/01/2011
Henrik Støwer PetersenBoard member01/09/200918/08/2017
Henrik Støwer PetersenCEO01/09/200918/08/2017
Jon David StokesChair of the board26/01/201108/03/2012
Søren VoltzmannBoard member01/03/201231/01/2020
Thomas MoserChair of the board08/03/201201/03/2016
David John BakerBoard member22/08/201401/08/2019
Lal KarsanbhaiChair of the board01/03/201601/08/2019
Hans Jakob NørrBoard member18/08/201731/07/2019
Jolyon Peter WillsonBoard member18/08/201701/08/2019
Jolyon Peter WillsonCEO18/08/201701/08/2019
Erick Rosenby MoralesBoard member01/08/201930/09/2024
Erick Rosenby MoralesDirector01/08/201930/09/2024
Kasper Vad GundestrupBoard member31/01/202031/03/2022
Lars Thorsten BruunDeputy board member31/01/202030/03/2022
Lars Thorsten BruunBoard member31/03/202221/02/2024
Kenneth Krogh AndersenBoard member01/10/202401/04/2025
Kenneth Krogh AndersenCEO01/10/202401/04/2025

Signing rule: Selskabet tegnes af bestyrelsens formand i forening med et bestyrelsesmedlem eller en direktør, eller af tre bestyrelsesmedlemmer i forening.

Address and production units

3 active production units

Åderupvej 41
4700 Næstved

Næstved Municipality · Postcode 4700

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
DAMCOS A/SÅderupvej 41, 4700 Næstved1911001936711
DAMCOS A/SBoeletvej 1, 8680 Ry171001327629
Frugal TechnologiesC.A. Olesens Gade 4, 9000 Aalborg151032193656

Purpose

Selskabets formål er at drive virksomhed med handel og fabrikation samt direkte eller indirekte at drive anden virksomhed, der efter bestyrelsens skøn er forbunden dermed.

The purpose is quoted from the register in Danish.

Changes year by year

129 registered events
20262 changesmerger 1 · accounts 1
  • Merger registered in CVR
  • Annual report for 2025 published
20255 changesaccounts 1 · management 4
  • Annual report for 2024 published
  • Kim Rønn appointed board member
  • Kim Rønn appointed director
  • Kenneth Krogh Andersen stepped down as ceo
  • Kenneth Krogh Andersen stepped down as board member
20249 changesmanagement 8 · accounts 1
  • Kenneth Krogh Andersen appointed ceo
  • Kenneth Krogh Andersen appointed board member
  • Erick Rosenby Morales stepped down as director
  • Erick Rosenby Morales stepped down as board member
  • Annual report for 2023 published
  • Lars Thorsten Bruun appointed deputy board member
  • Bo Schmidt Jensen appointed deputy board member
  • Stephanie Lykke Andersen appointed board member
  • Lars Thorsten Bruun stepped down as board member
20231 changeaccounts 1
  • Annual report for 2022 published
20225 changesmanagement 4 · accounts 1
  • Lars Thorsten Bruun appointed board member
  • Kasper Vad Gundestrup stepped down as board member
  • Helle Nybo Midjord stepped down as deputy board member
  • Lars Thorsten Bruun stepped down as deputy board member
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20204 changesmanagement 4
  • Kasper Vad Gundestrup appointed board member
  • Lars Thorsten Bruun appointed deputy board member
  • Søren Voltzmann stepped down as board member
  • Lars Thorsten Bruun stepped down as deputy board member
201910 changesmanagement 10
  • Erick Rosenby Morales appointed director
  • Ole Brændegaard Bojesen appointed board member
  • Matthew James Sweeney appointed board member
  • Hans Jakob Nørr appointed chair of the board
  • Erick Rosenby Morales appointed board member
  • Jolyon Peter Willson stepped down as ceo
  • Jolyon Peter Willson stepped down as board member
  • Lal Karsanbhai stepped down as chair of the board
  • David John Baker stepped down as board member
  • Hans Jakob Nørr stepped down as board member
20182 changesaddress 2
  • Moved to Åderupvej 41, 4700 Næstved
  • Moved to Åderupvej 41, 4700 Næstved
20175 changesmanagement 5
  • Hans Jakob Nørr appointed board member
  • Jolyon Peter Willson appointed ceo
  • Jolyon Peter Willson appointed board member
  • Henrik Støwer Petersen stepped down as ceo
  • Henrik Støwer Petersen stepped down as board member
20162 changesmanagement 2
  • Lal Karsanbhai appointed chair of the board
  • Thomas Moser stepped down as chair of the board
20142 changesmanagement 2
  • David John Baker appointed board member
  • Anthony Edward Yankauskas stepped down as board member
20124 changesmanagement 4
  • Thomas Moser appointed chair of the board
  • Jon David Stokes stepped down as chair of the board
  • Søren Voltzmann appointed board member
  • Jens Evang Christensen stepped down as board member
20112 changesmanagement 2
  • Jon David Stokes appointed chair of the board
  • Michael Howard Train stepped down as chair of the board
20097 changesmanagement 7
  • Henrik Støwer Petersen appointed ceo
  • Henrik Støwer Petersen appointed board member
  • Ove Lydiksen Sørensen stepped down as board member
  • Robert Thomas Sharp stepped down as board member
  • Ove Lydiksen Sørensen stepped down as ceo
  • Michael Howard Train appointed chair of the board
  • Steven Alan Sonnenberg stepped down as chair of the board
20086 changesindustry 1 · management 5
  • Industry changed to Manufacture of fluid power equipment (281200)
  • Helle Nybo Midjord appointed deputy board member
  • Jens Evang Christensen appointed board member
  • Tommy Lund Gleerup appointed board member
  • Leif Steen stepped down as board member
  • Steen Giørtz Behrens stepped down as board member
200710 changesmanagement 9 · address 1
  • Søren René Kristiansen stepped down as director
  • Steven Alan Sonnenberg appointed chair of the board
  • Ove Lydiksen Sørensen appointed board member
  • Robert Thomas Sharp appointed board member
  • Anthony Edward Yankauskas appointed board member
  • Hans Henrik Fischer stepped down as board member
  • Leif Rune Kennet Nilsson stepped down as chair of the board
  • Flemming Robert Jacobs stepped down as board member
  • Steffen Kjeld Thomsen stepped down as board member
  • Moved to Åderupvej 41, 4700 Næstved
20063 changesownership 1 · capital 1 · management 1
  • DAMCOS HOLDING A/S registered as owner (100%)
  • Share capital changed from 21,500,000 DKK to 60,000,000 DKK
  • Søren René Kristiansen appointed director
20051 changename 1
  • Name changed from DANFOSS MARINE SYSTEMS A/S to DAMCOS A/S
20047 changesmanagement 7
  • Hans Henrik Fischer appointed board member
  • Leif Rune Kennet Nilsson appointed chair of the board
  • Ove Lydiksen Sørensen appointed ceo
  • Flemming Robert Jacobs appointed board member
  • Steffen Kjeld Thomsen appointed board member
  • Sven Ruder stepped down as chair of the board
  • Karsten Moe stepped down as board member
20035 changesmanagement 5
  • Lars Thorsten Bruun appointed deputy board member
  • Leif Steen appointed board member
  • John Karstensen stepped down as board member
  • Thomas Jensen stepped down as deputy board member
  • Vibeke Rønløv Nielsen stepped down as deputy board member
20015 changesmerger 1 · management 2 · name 1 · capital 1
  • Merger registered in CVR
  • Sven Ruder appointed chair of the board
  • Jørgen Mads Clausen stepped down as chair of the board
  • Name changed from DANFOSS SYSTEM HYDRAULIK A/S to DANFOSS MARINE SYSTEMS A/S
  • Share capital changed from 21,000,000 DKK to 21,500,000 DKK
20006 changesmanagement 6
  • John Karstensen appointed board member
  • Thomas Jensen appointed deputy board member
  • Tommy Dan Andersen stepped down as board member
  • Bror Claus Zørn stepped down as deputy board member
  • Jørgen Mads Clausen appointed chair of the board
  • Niels Erik Hansen stepped down as board member
19995 changesmanagement 5
  • Tommy Dan Andersen appointed board member
  • Vibeke Rønløv Nielsen appointed deputy board member
  • Bror Claus Zørn appointed deputy board member
  • Søren Nielsen stepped down as deputy board member
  • Pia Yvonne Rasmussen stepped down as deputy board member
19973 changescapital 1 · management 1 · merger 1
  • Share capital changed from 20,000,000 DKK to 21,000,000 DKK
  • Karsten Moe stepped down as director
  • Merger registered in CVR
19962 changesmanagement 2
  • Niels Erik Hansen appointed board member
  • Peter Hansen-Damm stepped down as board member
19943 changesmanagement 3
  • Karsten Moe appointed director
  • Karsten Moe appointed board member
  • Vagn Steen Larsen Bender stepped down as board member
19931 changemanagement 1
  • Hans Jørgen Gustavsen stepped down as board member
19891 changemanagement 1
  • Harald Jensen Agerley stepped down as board member
19881 changemanagement 1
  • John Olesen stepped down as director
19659 changesfounded 1 · management 8
  • Registered as DANFOSS SYSTEM HYDRAULIK A/S
  • Peter Hansen-Damm appointed board member
  • Søren Nielsen appointed deputy board member
  • Pia Yvonne Rasmussen appointed deputy board member
  • Steen Giørtz Behrens appointed board member
  • John Olesen appointed director
  • Hans Jørgen Gustavsen appointed board member
  • Vagn Steen Larsen Bender appointed board member
  • Harald Jensen Agerley appointed board member

Related companies

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 23/10/2026.

View in CVRReport a correction