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Dancutter A/S

Public limited companyCVR 26672678ViborgActive

Dancutter A/S is a public limited company, based in Viborg, active in wholesale of mining, construction and civil engineering machinery, founded in 2002. Net profit fell 16% from 2025 to 2026, ending at DKK 8m. Gross profit is higher than that of 78% of the companies in the industry in the database.

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Key figures · financial year 2026

Gross profitDKK 21m−6% vs. 2025
Net profitDKK 8m−15.9% vs. 2025
EquityDKK 26.1m+0.1% vs. 2025
Employees19latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2026 against 2025

  • Gross profit fell 6% (2025 → 2026), to DKK 21m.
  • Net profit fell 16% (2025 → 2026), to DKK 8m.

Employees

  • 4 more employees than a year earlier: 19 (08/2026) against 15 (08/2025).

Management and owners, last 24 months

  • New in management: Shane Egan (board member, 30/05/2025), Simon Hoffgaard (board member, 08/08/2025) and Simon Hoffgaard (ceo, 08/08/2025) (+5).
  • Stepped down: Dorthe Højrup Johansen (board member, 30/05/2025), Stephen Anthony Harris (chair of the board, 29/05/2025) and Carly Jane Bray (board member, 29/05/2025) (+4).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Wholesale of mining, construction and civil engineering machinery (466300)

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 2018–2026 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25m201820192023202420252026
EquityNet profit
Financial figures for Dancutter A/S
201820192023202420252026Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit8,37514,35522,03226,64522,39821,045−6%
Operating profit (EBIT)3,8268,16013,33416,72512,18210,986−9.8%
Profit before tax4,0849,29612,86316,72212,27610,309−16%
Net profit3,1737,24010,03213,0189,5328,019−15.9%
Total assets9,23113,33337,59236,76136,36938,021+4.5%
Equity6,70811,94722,05124,56826,10026,119+0.1%
Liabilities2,4671,34415,03911,7739,81811,428+16.4%
Cash and cash equivalents1,2942,9136,1171,2432,733750−72.5%
Average number of employees141317191816−11.1%

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 2018, 2019, 2023, 2024, 2025, 2026: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2020, 2021, 2022 (changed financial year or not filed).

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

DKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25m201820192023202420252026
Gross profitMedian, the industry (101 companies)

Signals from the financial statements

calculated from the 2026 figures

  • Profit for five years in a row

    Net result has been positive in 2019–2026.

    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 Dancutter A/S
Financial yearPeriodPublishedFigures forDocuments
202601/04/2025 – 31/03/202601/10/2026The companyPDF not statedXBRL
202501/04/2024 – 31/03/202502/07/2025The companyPDF not statedXBRL
202401/04/2023 – 31/03/202406/09/2024The companyPDFXBRL
202301/04/2022 – 31/03/202307/06/2023The companyPDFXBRL
201901/01/2019 – 31/12/201920/03/2020The companyPDFXBRL
201801/01/2018 – 31/12/201815/03/2019The 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
0246810121416182009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

101 companies in the database

Comparison with the other companies in wholesale of mining, construction and civil engineering machinery based on the latest financial year.

Gross profitDKK 21mNo. 23 of 101
Better than 78% of the companies in the industry
EquityDKK 26.1mNo. 26 of 101
Better than 75% of the companies in the industry
Number of employees19No. 34 of 101
Better than 67% of the companies in the industry

Industry median: gross profit DKK 7.9m, net profit DKK 1.1m, equity DKK 8.8m, 8 employees.

DKK 100kDKK 723kDKK 5.2mDKK 37.7mDKK 141mHere
Distribution of gross profit for 100 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. 1,403of 69,742
Better than 98%
No. 4,872of 69,964
Better than 93%
Same industry and fewer than 20 employees71 companies in the comparison
No. 3of 71
Better than 97%
No. 6of 71
Better than 93%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 3,241of 24,791
Better than 87%
No. 3,724of 24,909
Better than 85%
All companies of type A/S18,025 companies in the comparison
No. 5,713of 17,786
Better than 68%
No. 5,336of 18,024
Better than 70%

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 mining, construction and civil engineering machinery
Gross profit
  1. Dancutter A/SDKK 21m
  2. Techtronic Industries Nordic ApSDKK 272.5m
  3. Volvo Entreprenørmaskiner A/SDKK 203.8m
Net profit
  1. Dancutter A/SDKK 8m
  2. Techtronic Industries Nordic ApSDKK 74.7m
  3. Volvo Entreprenørmaskiner A/SDKK 25.1m
Equity
  1. Dancutter A/SDKK 26.1m
  2. Techtronic Industries Nordic ApSDKK 78m
  3. Volvo Entreprenørmaskiner A/SDKK 115m
Employees
  1. Dancutter A/S19
  2. Techtronic Industries Nordic ApS217
  3. Volvo Entreprenørmaskiner A/S142

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
  • Halma International Limited100%
Dancutter A/S

Management

5 active registrations

Executive management

Executive management at Dancutter A/S
NameRoleAppointed
Simon HoffgaardCEO08/08/2025

Board of directors

Board of directors at Dancutter A/S
NameRoleAppointed
Shane EganBoard member30/05/2025
Simon HoffgaardBoard member08/08/2025
Stephen Anthony HarrisChair of the board08/08/2025
Carly Jane BrayBoard member08/08/2025
Founders
Lone Lykke Gammelgaard
Former management (19)
Former management at Dancutter A/S
NameRoleAppointedResigned
Lone Lykke GammelgaardDirector26/06/200217/11/2016
Jørgen LundBoard member30/06/200517/02/2011
Per Høj JørgensenBoard member30/06/200515/03/2011
Lone Lykke GammelgaardBoard member30/06/200518/04/2016
Ivan HøegBoard member30/06/200515/03/2011
Lars Stenberg NielsenBoard member17/02/201127/06/2023
Kristen GammelgaardBoard member15/03/201118/04/2016
Liselotte LyngeBoard member15/03/201124/06/2021
Claus Lykke GregersenBoard member18/04/201624/06/2021
Lars Stenberg NielsenDirector17/11/201630/06/2023
Tom DaviesChair of the board24/06/202127/06/2023
Stephen Anthony HarrisBoard member24/06/202126/06/2023
Dorthe Højrup JohansenBoard member27/06/202330/05/2025
Stephen Anthony HarrisChair of the board27/06/202329/05/2025
Carly Jane BrayBoard member27/06/202329/05/2025
Dorthe Højrup JohansenDirector30/06/202330/05/2025
Stephen Anthony HarrisBoard member30/05/202507/08/2025
Carly Jane BrayChair of the board30/05/202507/08/2025
Stephen Anthony HarrisDirector02/06/202508/08/2025

Signing rule: Selskabet tegnes af to bestyrelsesmedlemmer i forening.

Address and production units

1 active production units

Livøvej 1A
8800 Viborg

Viborg Municipality · Postcode 8800

Production units
Production unitAddressEmployeesP number
DANCUTTER A/SLivøvej 1A, 8800 Viborg191009184852

Purpose

Selskabets formål er at drive virksomhed med fabrikation produktudvikling, handel og industri af maskiner samt rådgivning og anden dermed beslægtet virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

71 registered events
20261 changeaccounts 1
  • Annual report for 2026 published
202517 changesmanagement 15 · accounts 1 · industry 1
  • Carly Jane Bray appointed board member
  • Stephen Anthony Harris appointed chair of the board
  • Simon Hoffgaard appointed ceo
  • Simon Hoffgaard appointed board member
  • Stephen Anthony Harris stepped down as director
  • Stephen Anthony Harris stepped down as board member
  • Carly Jane Bray stepped down as chair of the board
  • Annual report for 2025 published
  • Stephen Anthony Harris appointed director
  • Stephen Anthony Harris appointed board member
  • Shane Egan appointed board member
  • Carly Jane Bray appointed chair of the board
  • Dorthe Højrup Johansen stepped down as director
  • Dorthe Højrup Johansen stepped down as board member
  • Stephen Anthony Harris stepped down as chair of the board
  • Carly Jane Bray stepped down as board member
  • Industry changed to Wholesale of mining, construction and civil engineering machinery (466300)
20241 changeaccounts 1
  • Annual report for 2024 published
202311 changescapital 1 · merger 1 · management 8 · accounts 1
  • Share capital changed from 500,000 DKK to 600,000 DKK
  • Merger registered in CVR
  • Dorthe Højrup Johansen appointed director
  • Lars Stenberg Nielsen stepped down as director
  • Dorthe Højrup Johansen appointed board member
  • Stephen Anthony Harris appointed chair of the board
  • Carly Jane Bray appointed board member
  • Tom Davies stepped down as chair of the board
  • Lars Stenberg Nielsen stepped down as board member
  • Stephen Anthony Harris stepped down as board member
  • Annual report for 2023 published
20216 changesmanagement 4 · ownership 2
  • Stephen Anthony Harris appointed board member
  • Tom Davies appointed chair of the board
  • Claus Lykke Gregersen stepped down as board member
  • Liselotte Lynge stepped down as board member
  • Halma International Limited registered as owner (100%)
  • LARS STENBERG HOLDING VIBORG ApS is no longer registered as owner
20201 changeaccounts 1
  • Annual report for 2019 published
20191 changeaccounts 1
  • Annual report for 2018 published
20174 changesaddress 1 · ownership 3
  • Moved to Livøvej 1A, 8800 Viborg
  • LARS STENBERG HOLDING VIBORG ApS registered as owner (100%)
  • Lykke Invest Holding ApS is no longer registered as owner
  • LARS STENBERG HOLDING VIBORG ApS is no longer registered as owner
20165 changesmanagement 5
  • Lars Stenberg Nielsen appointed director
  • Lone Lykke Gammelgaard stepped down as director
  • Claus Lykke Gregersen appointed board member
  • Kristen Gammelgaard stepped down as board member
  • Lone Lykke Gammelgaard stepped down as board member
20154 changesownership 4
  • Lykke Invest Holding ApS registered as owner (10%)
  • LARS STENBERG HOLDING VIBORG ApS registered as owner (90%)
  • Lykke Invest Holding ApS is no longer registered as owner
  • LARS STENBERG HOLDING VIBORG ApS is no longer registered as owner
20132 changesownership 2
  • Lykke Invest Holding ApS registered as owner (33.33%)
  • LARS STENBERG HOLDING VIBORG ApS registered as owner (50%)
20116 changesmanagement 6
  • Kristen Gammelgaard appointed board member
  • Liselotte Lynge appointed board member
  • Ivan Høeg stepped down as board member
  • Per Høj Jørgensen stepped down as board member
  • Lars Stenberg Nielsen appointed board member
  • Jørgen Lund stepped down as board member
20081 changeindustry 1
  • Industry changed to Wholesale of mining, construction and civil engineering machinery (466300)
20071 changeaddress 1
  • Moved to Industrivej 10, 7850 Stoholm Jyll
20056 changesname 1 · capital 1 · management 4
  • Name changed from DANCUTTER ApS to DANCUTTER A/S
  • Share capital changed from 125,000 DKK to 500,000 DKK
  • Ivan Høeg appointed board member
  • Lone Lykke Gammelgaard appointed board member
  • Jørgen Lund appointed board member
  • Per Høj Jørgensen appointed board member
20041 changeaddress 1
  • Moved to Industrivej 10, 7850 Stoholm Jyll
20023 changesname 1 · management 1 · founded 1
  • Name changed from DANCUTTER ApS UNDER STIFTELSE to DANCUTTER ApS
  • Lone Lykke Gammelgaard appointed director
  • Registered as DANCUTTER ApS UNDER STIFTELSE

Related companies

Same industry in Viborg

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.

View in CVRReport a correction