Danish Aerospace and Defence Company A/S
Public limited companyCVR 12424248Odense SVActive
Danish Aerospace and Defence Company A/S is a public limited company, based in Odense SV, active in research and experimental development on natural sciences and engineering, founded in 1988. The company made a loss in both 2024 and 2025, most recently DKK 3.5m. With 24 employees, the company is about 5 times larger than the industry median. Equity fell to DKK 4.7m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 7% (2024 → 2025), to DKK 13m.
- Revenue rose 7% (2024 → 2025), to DKK 18.9m.
- The loss got smaller: from DKK 3.9m to DKK 3.5m (2024 → 2025).
- Equity fell 40% (2024 → 2025), to DKK 4.7m.
Employees
- 1 fewer employees than a year earlier: 24 (08/2026) against 25 (08/2025).
Management and owners, last 24 months
- New in management: Tim Sloth Jørgensen (board member, 30/04/2026) and Steen Michael Lynenskjold (board member, 30/04/2026).
- Stepped down: Søren Bjørn Hansen (deputy chair, 30/04/2026).
- New owners registered: Fargo ApS (14/04/2026), M. Goldschmidt Capital A/S (15/06/2026) and Fargo ApS (18/11/2024) (+4).
- No longer registered as owner: M. Goldschmidt Capital A/S (13/04/2025), Fargo ApS (17/11/2024) and Olav W. Hansen A/S (11/02/2025) (+5).
Registrations, last 24 months
- 30/04/2026: Name changed from DANISH AEROSPACE COMPANY A/S to Danish Aerospace and Defence Company A/S
- 19/03/2026: Share capital changed from 1,098,287 DKK to 1,922,003 DKK
- 05/08/2025: Merger registered in CVR
- 14/04/2025: Share capital changed from 1,090,833 DKK to 1,098,287 DKK
- 01/01/2025: Industry changed to Research and experimental development on natural sciences and engineering (721000)
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | 22,072 | 20,354 | 23,234 | 29,715 | 17,706 | 18,885 | +6.7% |
| Gross profit | 16,891 | 15,638 | 18,098 | 20,649 | 12,191 | 12,993 | +6.6% |
| Operating profit (EBIT) | 1,538 | 1,101 | 2,590 | 4,042 | −3,539 | −2,668 | +24.6% |
| Profit before tax | 489 | 375 | 2,540 | 2,714 | −4,782 | −4,576 | +4.3% |
| Net profit | 233 | 175 | 1,865 | 2,020 | −3,877 | −3,500 | +9.7% |
| Total assets | 31,487 | 28,170 | 36,005 | 34,242 | 26,384 | 27,737 | +5.1% |
| Equity | 19,869 | 19,727 | 21,306 | 12,052 | 7,893 | 4,713 | −40.3% |
| Liabilities | 8,342 | 4,700 | – | 19,849 | 17,055 | 21,966 | +28.8% |
| Cash and cash equivalents | 158 | 2,683 | 106 | 84 | 297 | 54 | −82% |
| Average number of employees | 25 | 24 | 26 | 28 | 26 | 0 | −100% |
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
Signals from the financial statements
calculated from the 2025 figuresLoss for 2 years in a row
Net result has been negative in 2024–2025.
How is this calculated?
Net result is negative in the two or more latest annual reports in a row.
Equity fell sharply
Equity fell 40% from 2024 to 2025 (DKK 7.9m to DKK 4.7m).
How is this calculated?
Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.
Fewer employees
The number of employees fell 100% from 26 in 2024 to 0 in 2025.
How is this calculated?
The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 21/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 08/05/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 19/04/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 25/04/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 28/04/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 20/04/2021 | The company | PDFXBRL |
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 CVRPosition in the industry
431 companies in the databaseComparison with the other companies in research and experimental development on natural sciences and engineering based on the latest financial year.
Industry median: gross profit DKK 616k, net profit −DKK 892k, equity DKK 2m, 5 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 4,744of 9,892 Better than 52% | No. 4,865of 9,922 Better than 51% |
| Same industry and 20–49 employees64 companies in the comparison | No. 24of 62 Better than 62% | No. 48of 64 Better than 25% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 3,655of 10,152 Better than 64% | No. 6,296of 10,275 Better than 39% |
| All companies of type A/S18,025 companies in the comparison | No. 7,819of 17,786 Better than 56% | No. 11,711of 18,024 Better than 35% |
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
Research and experimental development on natural sciences and engineering- Danish Aerospace and Defence Company A/SDKK 13m
- Carlsberg A/SDKK 40.2bn
- Zealand Pharma A/SDKK 9.2bn
- Danish Aerospace and Defence Company A/S−DKK 3.5m
- Carlsberg A/SDKK 7bn
- Zealand Pharma A/SDKK 6.5bn
- Danish Aerospace and Defence Company A/SDKK 4.7m
- Carlsberg A/SDKK 30.7bn
- Zealand Pharma A/SDKK 14.8bn
- Danish Aerospace and Defence Company A/S24
- Carlsberg A/S107
- Zealand Pharma A/S569
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Fargo ApS10%
- M. Goldschmidt Capital A/S15%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Thomas Axel Esbern Andersen | Director | 10/11/2011 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Niels Thomas Heering | Chair of the board | 10/04/2019 |
| James Vernon Zimmerman | Board member | 10/04/2019 |
| Tim Sloth Jørgensen | Board member | 30/04/2026 |
| Steen Michael Lynenskjold | Board member | 30/04/2026 |
- Founders
- Jørgen Grønlund Nielsen, Christian Foldberg Rovsing, Mølledammen ApS
Former management (26)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Klaus Petersen | Board member | 30/08/1988 | 10/10/1991 |
| Regitze Videbæk | Chair of the board | 30/08/1988 | 14/05/2001 |
| Jørgen Grønlund Nielsen | CEO | 30/08/1988 | 01/04/2004 |
| Niels Hammer-Jespersen | Board member | 30/08/1988 | 06/04/1989 |
| Niels Rossing | Deputy chair | 30/08/1988 | 05/01/1993 |
| Flemming Bonde Petersen | Chair of the board | 30/08/1988 | 10/10/1991 |
| Hans Jørgen Buchardt Hansen | Board member | 30/08/1988 | 09/06/1997 |
| Christian Sandø Nissen | Board member | 30/08/1988 | 10/08/1994 |
| Birger Hesse | Deputy chair | 30/08/1988 | 10/09/1998 |
| Helle Ulrichsen | Board member | 09/06/1997 | 14/05/2001 |
| Mogens Tangø | Deputy chair | 10/09/1998 | 14/05/2001 |
| Ole Gløe-Jakobsen | Board member | 15/03/2004 | 10/11/2011 |
| Ole Gløe-Jakobsen | Director | 01/04/2004 | 10/11/2011 |
| Peter Christian Clemensen | Board member | 29/11/2011 | 15/02/2012 |
| Jørgen Grønlund Nielsen | Board member | 15/02/2012 | 08/03/2013 |
| Jørgen Toftegaard | Board member | 15/02/2012 | 01/12/2015 |
| Niels Kryger Andersen | Chair of the board | 15/02/2012 | 22/11/2012 |
| Jørgen Schjerning Lundsgaard | Board member | 22/11/2012 | 19/03/2013 |
| Søren Bjørn Hansen | Chair of the board | 22/11/2012 | 09/04/2019 |
| Thomas Axel Esbern Andersen | Board member | 19/03/2013 | 01/12/2015 |
| Jens Peter Toft | Board member | 01/12/2015 | 10/04/2019 |
| Henrik Lið | Board member | 01/12/2015 | 26/09/2016 |
| Daniel Tage Rønnow Goldschmidt | Board member | 26/09/2016 | 27/11/2017 |
| Niels Thomas Heering | Board member | 27/11/2017 | 09/04/2019 |
| Tina Moe | Board member | 10/04/2019 | 18/04/2024 |
| Søren Bjørn Hansen | Deputy chair | 10/04/2019 | 30/04/2026 |
Signing rule: Selskabet tegnes af bestyrelsesformanden eller næstformanden sammen med et andet medlem af bestyrelsen, eller af bestyrelsesformanden eller næstformanden i forening med en direktør eller af den samlede bestyrelse.
Address and production units
1 active production unitsHvidkærvej 31A
5250 Odense SV
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Danish Aerospace and Defence Company A/S | Hvidkærvej 31A, st, Højme, 5250 Odense SV | 24 | 1000384520 |
Purpose
Selskabets formål er direkte og indirekte gennem datterselskaber at udøve forskningsvirksomhed, udvikling, produktion og anden hermed beslægtet aktivitet, fortrinsvis inden for det medicinske og rumteknologiske område samt inden for forsvar og sikkerhed.
The purpose is quoted from the register in Danish.
Changes year by year
104 registered events202610 changesownership 4 · accounts 1 · name 1 · management 3 · capital 1
- OwnershipM. GOLDSCHMIDT CAPITAL A/S registered as owner (15%)
- OwnershipM. GOLDSCHMIDT CAPITAL A/S is no longer registered as owner
- AccountsAnnual report for 2025 published
- NameName changed from DANISH AEROSPACE COMPANY A/S to Danish Aerospace and Defence Company A/S
- ManagementSteen Michael Lynenskjold appointed board member
- ManagementTim Sloth Jørgensen appointed board member
- ManagementSøren Bjørn Hansen stepped down as deputy chair
- OwnershipFargo ApS registered as owner (10%)
- OwnershipFargo ApS is no longer registered as owner
- CapitalShare capital changed from 1,098,287 DKK to 1,922,003 DKK
202513 changesmerger 1 · ownership 9 · accounts 1 · capital 1 · industry 1
- MergerMerger registered in CVR
- OwnershipOLAV W. HANSEN A/S is no longer registered as owner
- AccountsAnnual report for 2024 published
- CapitalShare capital changed from 1,090,833 DKK to 1,098,287 DKK
- OwnershipM. GOLDSCHMIDT CAPITAL A/S registered as owner (20%)
- OwnershipM. GOLDSCHMIDT CAPITAL A/S is no longer registered as owner
- OwnershipOLAV W. HANSEN A/S registered as owner (5%)
- OwnershipOLAV W. HANSEN A/S is no longer registered as owner
- OwnershipTheis Christen Grønlund registered as owner (20%)
- OwnershipTheis Christen Grønlund is no longer registered as owner
- OwnershipOLAV W. HANSEN A/S registered as owner (10%)
- OwnershipOLAV W. HANSEN A/S is no longer registered as owner
- IndustryIndustry changed to Research and experimental development on natural sciences and engineering (721000)
20244 changesownership 2 · accounts 1 · management 1
- OwnershipFargo ApS registered as owner (20%)
- OwnershipFargo ApS is no longer registered as owner
- AccountsAnnual report for 2023 published
- ManagementTina Moe stepped down as board member
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20213 changesaccounts 1 · ownership 2
- AccountsAnnual report for 2020 published
- OwnershipOLAV W. HANSEN A/S registered as owner (15%)
- OwnershipOLAV W. HANSEN A/S is no longer registered as owner
20201 changeaddress 1
- AddressMoved to Hvidkærvej 31A, st, Højme, 5250 Odense SV
201915 changesownership 6 · capital 1 · management 7 · name 1
- OwnershipFargo ApS registered as owner (25%)
- OwnershipOLAV W. HANSEN A/S registered as owner (10%)
- OwnershipN.C. GRØNLUND HOLDING ApS is no longer registered as owner
- OwnershipM. GOLDSCHMIDT CAPITAL A/S registered as owner (33.33%)
- OwnershipN.C. GRØNLUND HOLDING ApS registered as owner (25%)
- OwnershipM. GOLDSCHMIDT CAPITAL A/S is no longer registered as owner
- CapitalShare capital changed from 935,000 DKK to 1,090,833 DKK
- ManagementTina Moe appointed board member
- ManagementJames Vernon Zimmerman appointed board member
- ManagementNiels Thomas Heering appointed chair of the board
- ManagementSøren Bjørn Hansen appointed deputy chair
- ManagementJens Peter Toft stepped down as board member
- ManagementNiels Thomas Heering stepped down as board member
- ManagementSøren Bjørn Hansen stepped down as chair of the board
- NameName changed from DANISH AEROSPACE COMPANY ApS to DANISH AEROSPACE COMPANY A/S
20172 changesmanagement 2
- ManagementNiels Thomas Heering appointed board member
- ManagementDaniel Tage Rønnow Goldschmidt stepped down as board member
20162 changesmanagement 2
- ManagementDaniel Tage Rønnow Goldschmidt appointed board member
- ManagementHenrik Lið stepped down as board member
20154 changesmanagement 4
- ManagementJens Peter Toft appointed board member
- ManagementHenrik Lið appointed board member
- ManagementThomas Axel Esbern Andersen stepped down as board member
- ManagementJørgen Toftegaard stepped down as board member
20136 changesaddress 1 · name 1 · management 3 · ownership 1
- AddressMoved to Hvidkærvej 31A, st, Højme, 5250 Odense SV
- NameName changed from DAMEC RESEARCH ApS to DANISH AEROSPACE COMPANY ApS
- ManagementThomas Axel Esbern Andersen appointed board member
- ManagementJørgen Schjerning Lundsgaard stepped down as board member
- OwnershipM. GOLDSCHMIDT CAPITAL A/S registered as owner (100%)
- ManagementJørgen Grønlund Nielsen stepped down as board member
20127 changesmanagement 7
- ManagementSøren Bjørn Hansen appointed chair of the board
- ManagementJørgen Schjerning Lundsgaard appointed board member
- ManagementNiels Kryger Andersen stepped down as chair of the board
- ManagementJørgen Toftegaard appointed board member
- ManagementJørgen Grønlund Nielsen appointed board member
- ManagementNiels Kryger Andersen appointed chair of the board
- ManagementPeter Christian Clemensen stepped down as board member
20114 changesmanagement 4
- ManagementPeter Christian Clemensen appointed board member
- ManagementThomas Axel Esbern Andersen appointed director
- ManagementOle Gløe-Jakobsen stepped down as director
- ManagementOle Gløe-Jakobsen stepped down as board member
20081 changeindustry 1
- IndustryIndustry changed to Anden forskning og eksperimentel udvikling inden for naturvidenskab og teknik (721900)
20043 changesmanagement 3
- ManagementOle Gløe-Jakobsen appointed director
- ManagementJørgen Grønlund Nielsen stepped down as ceo
- ManagementOle Gløe-Jakobsen appointed board member
20016 changesaddress 2 · name 1 · management 3
- AddressMoved to Lindvedvej 75, Lindved, 5260 Odense S
- NameName changed from DAMEC RESEARCH A/S to DAMEC RESEARCH ApS
- AddressMoved to Lindvedvej 75, Lindved, 5260 Odense S
- ManagementMogens Tangø stepped down as deputy chair
- ManagementHelle Ulrichsen stepped down as board member
- ManagementRegitze Videbæk stepped down as chair of the board
20001 changeaddress 1
- AddressMoved to Tagensvej 20, 2200 København N
19982 changesmanagement 2
- ManagementMogens Tangø appointed deputy chair
- ManagementBirger Hesse stepped down as deputy chair
19972 changesmanagement 2
- ManagementHelle Ulrichsen appointed board member
- ManagementHans Jørgen Buchardt Hansen stepped down as board member
19951 changecapital 1
- CapitalShare capital changed from 300,000 DKK to 935,000 DKK
19941 changemanagement 1
- ManagementChristian Sandø Nissen stepped down as board member
19931 changemanagement 1
- ManagementNiels Rossing stepped down as deputy chair
19912 changesmanagement 2
- ManagementKlaus Petersen stepped down as board member
- ManagementFlemming Bonde Petersen stepped down as chair of the board
19891 changemanagement 1
- ManagementNiels Hammer-Jespersen stepped down as board member
198810 changesfounded 1 · management 9
- FoundedRegistered as DAMEC RESEARCH A/S
- ManagementNiels Hammer-Jespersen appointed board member
- ManagementJørgen Grønlund Nielsen appointed ceo
- ManagementRegitze Videbæk appointed chair of the board
- ManagementKlaus Petersen appointed board member
- ManagementBirger Hesse appointed deputy chair
- ManagementChristian Sandø Nissen appointed board member
- ManagementHans Jørgen Buchardt Hansen appointed board member
- ManagementFlemming Bonde Petersen appointed chair of the board
- ManagementNiels Rossing appointed deputy chair
Related companies
Same industry in Odense
- Evosep ApS73 employees
- OnRobot A/S41 employees
- Alphalyse A/S41 employees
- Pentabase A/S39 employees
- QNTM Labs ApS37 employees
- IRD Fuel Cells A/S35 employees
Same people in management
- Nykredit Bank A/Svia Niels Thomas Heering
- Dagrofa ApSvia Jens Peter Toft
- NNE A/Svia Tina Moe
- Imerco A/Svia Daniel Tage Rønnow Goldschmidt
- Terma A/Svia Steen Michael Lynenskjold
- Molslinjen A/Svia Jens Peter Toft
Largest in the industry
- Carlsberg A/SDKK 40.2bn
- Zealand Pharma A/SDKK 9.2bn
- Gubra A/SDKK 2.6bn
- Vestas Wind Systems A/SDKK 2.5bn
- Bang & Olufsen A/SDKK 1.4bn
- 3shape A/SDKK 1.3bn
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.