Danbag Paper Solutions A/S

Public limited companyCVR 32260705SkiveActive

Danbag Paper Solutions A/S is a public limited company, based in Skive, active in manufacture of corrugated paper, paperboard and containers of paper and paperboard, founded in 2009. Measured by gross profit, it ranks no. 10 of 26 companies in the industry in the database. 6 people are registered in the company's management and ownership.

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Key figures · financial year 2025

Gross profitDKK 16m+2.5% vs. 2024
Net profitDKK 2.3m−0.3% vs. 2024
EquityDKK 22.5m+9.8% vs. 2024
Employees19latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 2% (2024 → 2025), to DKK 16m.
  • Equity rose 10% (2024 → 2025), to DKK 22.5m.

Employees

  • 3 fewer employees than a year earlier: 19 (08/2026) against 22 (08/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of corrugated paper, paperboard and containers of paper and paperboard (172100)

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 5mDKK 10mDKK 15mDKK 20m202020212022202320242025
EquityNet profit
Financial figures for Danbag Paper Solutions A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit12,77115,91217,96014,64815,63016,016+2.5%
Operating profit (EBIT)2,5554,6215,1703,5514,2333,981−6%
Profit before tax1,8574,0004,9862,1583,0012,994−0.2%
Net profit1,4453,1233,8861,6752,3412,334−0.3%
Total assets39,66242,90655,13952,30650,91449,384−3%
Equity10,61413,45517,05518,43520,47122,468+9.8%
Liabilities26,27226,40533,54629,94626,40822,728−13.9%
Cash and cash equivalents56922342−93.5%
Average number of employees181921171719+11.8%

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

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16mDKK 18m202020212022202320242025
Gross profitMedian, the industry (26 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 Danbag Paper Solutions A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202515/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202416/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202311/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202222/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202109/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202002/06/2021The 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
051015202509/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

26 companies in the database

Comparison with the other companies in manufacture of corrugated paper, paperboard and containers of paper and paperboard based on the latest financial year.

Gross profitDKK 16mNo. 10 of 26
Better than 64% of the companies in the industry
EquityDKK 22.5mNo. 8 of 26
Better than 72% of the companies in the industry
Number of employees19No. 12 of 26
Better than 56% of the companies in the industry

Industry median: gross profit DKK 13.3m, net profit DKK 322k, equity DKK 6m, 15 employees.

DKK 100kDKK 791kDKK 6.3mDKK 49.5mDKK 196.7mHere
Distribution of gross profit for 26 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 fewer than 20 employees69,967 companies in the comparison
No. 2,170of 69,742
Better than 97%
No. 5,352of 69,964
Better than 92%
Same industry and fewer than 20 employees14 companies in the comparison
No. 1of 14
Better than 100%
No. 1of 14
Better than 100%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 4,121of 24,791
Better than 83%
No. 4,118of 24,909
Better than 83%
All companies of type A/S18,025 companies in the comparison
No. 6,921of 17,786
Better than 61%
No. 5,781of 18,024
Better than 68%

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 corrugated paper, paperboard and containers of paper and paperboard
Gross profit
  1. Danbag Paper Solutions A/SDKK 16m
  2. Smurfit Westrock Danmark A/SDKK 392m
  3. DS Smith Packaging Denmark A/SDKK 248.9m
Net profit
  1. Danbag Paper Solutions A/SDKK 2.3m
  2. Smurfit Westrock Danmark A/SDKK 40.1m
  3. DS Smith Packaging Denmark A/S−DKK 23.3m
Equity
  1. Danbag Paper Solutions A/SDKK 22.5m
  2. Smurfit Westrock Danmark A/SDKK 352.4m
  3. DS Smith Packaging Denmark A/SDKK 127.4m
Employees
  1. Danbag Paper Solutions A/S19
  2. Smurfit Westrock Danmark A/S639
  3. DS Smith Packaging Denmark A/S647

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
  • Iftu ApS50%
  • Lars Mark5%
  • Bjarne Bertelsen33.33%
Danbag Paper Solutions A/S

Management

5 active registrations

Executive management

Executive management at Danbag Paper Solutions A/S
NameRoleAppointed
Lars MarkCEO24/10/2012

Board of directors

Board of directors at Danbag Paper Solutions A/S
NameRoleAppointed
Bjarne BertelsenBoard member11/06/2009
Lars MarkBoard member19/12/2012
Mads Conradsen KongstadChair of the board28/05/2024
Lars Conradsen KongstadBoard member28/05/2024
Founders
Mogens Andreas Eiler Gloggengiehser, Iftu ApS
Former management (5)
Former management at Danbag Paper Solutions A/S
NameRoleAppointedResigned
Henning KongstadChair of the board11/06/200928/05/2024
Mogens Andreas Eiler GloggengiehserBoard member11/06/200919/12/2012
Mogens Andreas Eiler GloggengiehserDirector11/06/200924/10/2012
Arne SvenningsenBoard member23/12/200902/07/2013
Mads Conradsen KongstadBoard member25/05/202027/05/2024

Signing rule: Selskabet tegnes af 1. Direktøren og formanden for bestyrelsen eller 2. Direktøren og 2 bestyrelsesmedlemmer, eller 3. Formanden for bestyrelsen og et bestyrelsesmedlem.

Address and production units

1 active production units

H C Ørsteds Vej 22
7800 Skive

Skive Municipality · Postcode 7800

Production units
Production unitAddressEmployeesP number
DANBAG PAPER SOLUTIONS A/SH C Ørsteds Vej 22-24, 7800 Skive191015317511

Purpose

Selskabets formål er at udøve virksomhed med produktion, handel og salg af emballage og dokumentationsprodukter samt aktiviteter i tilknytning hertil.

The purpose is quoted from the register in Danish.

Changes year by year

30 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Manufacture of corrugated paper, paperboard and containers of paper and paperboard (172100)
20245 changesaccounts 1 · management 4
  • Annual report for 2023 published
  • Mads Conradsen Kongstad appointed chair of the board
  • Lars Conradsen Kongstad appointed board member
  • Henning Kongstad stepped down as chair of the board
  • Mads Conradsen Kongstad stepped down as board member
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20201 changemanagement 1
  • Mads Conradsen Kongstad appointed board member
20161 changeaddress 1
  • Moved to H C Ørsteds Vej 22-24, 7800 Skive
20133 changesownership 2 · management 1
  • Bjarne Bertelsen registered as owner (33.33%)
  • Arne Svenningsen stepped down as board member
  • Lars Mark registered as owner (5%)
20124 changesmanagement 4
  • Lars Mark appointed board member
  • Mogens Andreas Eiler Gloggengiehser stepped down as board member
  • Lars Mark appointed ceo
  • Mogens Andreas Eiler Gloggengiehser stepped down as director
200910 changescapital 1 · management 5 · name 1 · address 1 · founded 1 · ownership 1
  • Share capital changed from 900,000 DKK to 1,000,000 DKK
  • Arne Svenningsen appointed board member
  • Name changed from DANBAG PAPER SOLOUTION A/S to DANBAG PAPER SOLUTIONS A/S
  • Moved to H C Ørsteds Vej 22, 7800 Skive
  • Registered as DANBAG PAPER SOLOUTION A/S
  • Bjarne Bertelsen appointed board member
  • Mogens Andreas Eiler Gloggengiehser appointed board member
  • Mogens Andreas Eiler Gloggengiehser appointed director
  • Henning Kongstad appointed chair of the board
  • IFTU ApS registered as owner (50%)

Related companies

Same industry in Skive

See all →

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 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVRReport a correction