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Elvstrøm Sails A/S

Public limited companyCVR 50766713AabenraaActive

Elvstrøm Sails A/S is a public limited company, based in Aabenraa, active in manufacture of made-up textile articles, except apparel, founded in 1962. Measured by gross profit, it ranks no. 2 of 39 companies in the industry in the database. The company made a loss in both 2024 and 2025, most recently DKK 3.4m. With 56 employees, the company is about 9 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 51.3m−26.2% vs. 2024
Net profit−DKK 3.4m−4,196.2% vs. 2024
EquityDKK 64.9m−4.7% vs. 2024
Employees56latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 26% (2024 → 2025), to DKK 51.3m.
  • The loss grew: from DKK 79,968 to DKK 3.4m (2024 → 2025).
  • Equity fell 5% (2024 → 2025), to DKK 64.9m.

Employees

  • 8 fewer employees than a year earlier: 56 (07/2026) against 64 (07/2025).

Management and owners, last 24 months

  • Stepped down: Jens Ole Lang-Tandrup (director, 31/07/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of made-up textile articles, except apparel (139200)

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 10mDKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60mDKK 70m202020212022202320242025
EquityNet profit
Financial figures for Elvstrøm Sails A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit49,89453,42967,64972,65069,50951,316−26.2%
Operating profit (EBIT)7,8939,25112,92610,6292,220−1,665−175%
Profit before tax7,0057,81611,1699,591341−3,314−1,071.9%
Net profit6,7877,56811,7317,414−80−3,436−4,196.2%
Total assets58,29190,630123,173141,413129,506127,470−1.6%
Equity41,82549,15660,98768,35568,12664,900−4.7%
Liabilities16,46541,20762,18772,60361,36862,472+1.8%
Cash and cash equivalents8,8812,9103,1715,7783,3874,595+35.7%
Average number of employees9482829087337+287.4%

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; 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 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60mDKK 70m202020212022202320242025
Gross profitMedian, the industry (39 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss 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.

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 Elvstrøm Sails A/S
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202511/12/2025The groupPDF not statedXBRL
202401/10/2023 – 30/09/202417/12/2024The groupPDFXBRL
202301/10/2022 – 30/09/202320/12/2023The groupPDFXBRL
202201/10/2021 – 30/09/202203/03/2023The groupPDFXBRL
202101/10/2020 – 30/09/202104/02/2022The groupPDFXBRL
202001/10/2019 – 30/09/202021/12/2020The 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
02040608008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

39 companies in the database

Comparison with the other companies in manufacture of made-up textile articles, except apparel based on the latest financial year.

Gross profitDKK 51.3mNo. 2 of 39
Better than 97% of the companies in the industry
EquityDKK 64.9mNo. 3 of 39
Better than 95% of the companies in the industry
Number of employees56No. 1 of 39
Better than 100% of the companies in the industry

Industry median: gross profit DKK 3.5m, net profit DKK 250k, equity DKK 2m, 6 employees.

DKK 105kDKK 573kDKK 3.1mDKK 17mDKK 52.4mHere
Distribution of gross profit for 38 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 50–199 employees4,467 companies in the comparison
No. 1,735of 4,412
Better than 61%
No. 983of 4,466
Better than 78%
Companies that are at least 30 years old10,276 companies in the comparison
No. 1,457of 10,152
Better than 86%
No. 1,698of 10,275
Better than 83%
All companies of type A/S18,025 companies in the comparison
No. 2,842of 17,786
Better than 84%
No. 3,024of 18,024
Better than 83%

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 made-up textile articles, except apparel
Gross profit
  1. Elvstrøm Sails A/SDKK 51.3m
  2. Sunds Textiles A/SDKK 92.2m
  3. Dykon A/SDKK 48.5m
Net profit
  1. Elvstrøm Sails A/S−DKK 3.4m
  2. Sunds Textiles A/SDKK 41.4m
  3. Dykon A/SDKK 13.9m
Equity
  1. Elvstrøm Sails A/SDKK 64.9m
  2. Sunds Textiles A/SDKK 516.9m
  3. Dykon A/SDKK 58.8m
Employees
  1. Elvstrøm Sails A/S56
  2. Sunds Textiles A/S38
  3. Dykon A/S82

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
Elvstrøm Sails A/S

Management

4 active registrations

Executive management

Executive management at Elvstrøm Sails A/S
NameRoleAppointed
Morten Gantriis SørensenCEO02/02/2022

Board of directors

Board of directors at Elvstrøm Sails A/S
NameRoleAppointed
Preben Terp-NielsenChair of the board24/11/2008
Thomas Wilkens AndersenBoard member24/11/2008
Jesper SeierBoard member05/03/2012
Former management (32)
Former management at Elvstrøm Sails A/S
NameRoleAppointedResigned
Jens Christian Terp-NielsenBoard member29/11/196225/09/1992
Søren OlsenBoard member29/11/196201/08/1991
Susanne OlsenBoard member29/11/196218/06/2007
Oluf JørgensenBoard member29/11/196207/07/2003
Tove Mariane Kjær OlsenBoard member29/11/196228/04/1988
Alexander Jardine GoodallBoard member29/11/196225/09/1992
Peer Abraham KruuseBoard member29/11/196230/05/2001
Susan OlsenBoard member29/11/196201/03/1991
Susan OlsenDirector29/11/196228/04/1988
Peter DahlChair of the board22/11/200425/04/2008
Niels FossBoard member22/11/200427/02/2006
Niels FossDirector22/11/200427/02/2006
Flemming Ritz ChristensenDirector22/11/200405/12/2006
Colin David WallBoard member27/02/200609/04/2008
Andrew Philip SmithBoard member05/12/200626/06/2007
Peter Christian JørgensenBoard member18/06/200724/11/2008
Peter Christian JørgensenCEO18/06/200724/11/2008
Andrew Philip SmithBoard member26/06/200728/02/2011
Andrew Philip SmithAssistant director26/06/200725/04/2008
Peggy Stokholm JørgensenChair of the board25/04/200824/11/2008
Claus OlsenBoard member24/11/200824/10/2014
Claus OlsenCEO24/11/200804/11/2013
Jesper BankBoard member24/11/200820/12/2016
Jesper BankDirector24/11/200802/02/2022
Jens Ole Lang-TandrupBoard member28/02/201102/02/2022
Espen Kristoffer KamperhaugBoard member05/03/201224/10/2014
Espen Kristoffer KamperhaugDirector05/03/201224/09/2014
Niels BjerregaardCEO01/11/201301/06/2021
Per Schram WeiskvistDirector27/10/201430/06/2017
Kristian Eidnes AndersenDirector23/04/202117/08/2021
Morten Gantriis SørensenDirector17/08/202101/02/2022
Jens Ole Lang-TandrupDirector02/02/202231/07/2025

Signing rule: Selskabet tegnes af 2 direktører i fællesskab, af et medlem af bestyrelsen i forening med en direktør, eller af den samlede bestyrelse.

Address and production units

1 active production units

Paul Elvstrøms Vej 4
6200 Aabenraa

Aabenraa Municipality · Postcode 6200

Production units
Production unitAddressEmployeesP number
ELVSTRØM SAILS A/SPaul Elvstrøms Vej 4, 6200 Aabenraa551001955283

Purpose

Selskabets formål er at drive handel og produktion og anden dermed i forbindelse stående virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

97 registered events
20253 changesaccounts 1 · management 1 · industry 1
  • Annual report for 2025 published
  • Jens Ole Lang-Tandrup stepped down as director
  • Industry changed to Manufacture of made-up textile articles, except apparel (139200)
20241 changeaccounts 1
  • Annual report for 2024 published
20232 changesaccounts 2
  • Annual report for 2023 published
  • Annual report for 2022 published
202210 changesownership 4 · accounts 1 · management 5
  • FA Investment ApS registered as owner (50%)
  • ABENA HOLDING A/S registered as owner (50%)
  • FA Investment ApS is no longer registered as owner
  • ABENA HOLDING A/S is no longer registered as owner
  • Annual report for 2021 published
  • Jens Ole Lang-Tandrup appointed director
  • Morten Gantriis Sørensen appointed ceo
  • Jens Ole Lang-Tandrup stepped down as board member
  • Jesper Bank stepped down as director
  • Morten Gantriis Sørensen stepped down as director
20214 changesmanagement 4
  • Morten Gantriis Sørensen appointed director
  • Kristian Eidnes Andersen stepped down as director
  • Niels Bjerregaard stepped down as ceo
  • Kristian Eidnes Andersen appointed director
20201 changeaccounts 1
  • Annual report for 2020 published
20171 changemanagement 1
  • Per Schram Weiskvist stepped down as director
20161 changemanagement 1
  • Jesper Bank stepped down as board member
20146 changesmanagement 4 · ownership 2
  • Per Schram Weiskvist appointed director
  • Espen Kristoffer Kamperhaug stepped down as board member
  • Claus Olsen stepped down as board member
  • Espen Kristoffer Kamperhaug stepped down as director
  • FA Investment ApS registered as owner (33.33%)
  • ABENA HOLDING A/S registered as owner (33.33%)
20132 changesmanagement 2
  • Claus Olsen stepped down as ceo
  • Niels Bjerregaard appointed ceo
20124 changesname 1 · management 3
  • Name changed from ELVSTRÖM SAILS A/S to ELVSTRØM SAILS A/S
  • Espen Kristoffer Kamperhaug appointed director
  • Espen Kristoffer Kamperhaug appointed board member
  • Jesper Seier appointed board member
20112 changesmanagement 2
  • Jens Ole Lang-Tandrup appointed board member
  • Andrew Philip Smith stepped down as board member
20102 changesmerger 1 · capital 1
  • Merger registered in CVR
  • Share capital changed from 3,000,000 DKK to 4,051,000 DKK
200817 changescapital 2 · management 13 · merger 1 · industry 1
  • Share capital changed from 1,001,000 DKK to 3,000,000 DKK
  • Claus Olsen appointed board member
  • Thomas Wilkens Andersen appointed board member
  • Preben Terp-Nielsen appointed chair of the board
  • Jesper Bank appointed director
  • Jesper Bank appointed board member
  • Claus Olsen appointed ceo
  • Peggy Stokholm Jørgensen stepped down as chair of the board
  • Peter Christian Jørgensen stepped down as ceo
  • Peter Christian Jørgensen stepped down as board member
  • Share capital changed from 1,000,000 DKK to 1,001,000 DKK
  • Peggy Stokholm Jørgensen appointed chair of the board
  • Andrew Philip Smith stepped down as assistant director
  • Peter Dahl stepped down as chair of the board
  • Colin David Wall stepped down as board member
  • Merger registered in CVR
  • Industry changed to Fremstilling af færdige tekstilvarer undtagen boligtekstiler og beklædningsartikler (139220)
20078 changesname 1 · management 6 · address 1
  • Name changed from ELVSTRØM SAILS A/S to ELVSTRÖM SAILS A/S
  • Andrew Philip Smith appointed assistant director
  • Andrew Philip Smith appointed board member
  • Andrew Philip Smith stepped down as board member
  • Peter Christian Jørgensen appointed ceo
  • Peter Christian Jørgensen appointed board member
  • Susanne Olsen stepped down as board member
  • Moved to Paul Elvstrøms Vej 4, 6200 Aabenraa
20065 changesmanagement 5
  • Andrew Philip Smith appointed board member
  • Flemming Ritz Christensen stepped down as director
  • Colin David Wall appointed board member
  • Niels Foss stepped down as director
  • Niels Foss stepped down as board member
20045 changesaddress 1 · management 4
  • Moved to Paul Elvstrøms Vej 4, 6200 Aabenraa
  • Flemming Ritz Christensen appointed director
  • Niels Foss appointed director
  • Niels Foss appointed board member
  • Peter Dahl appointed chair of the board
20031 changemanagement 1
  • Oluf Jørgensen stepped down as board member
20011 changemanagement 1
  • Peer Abraham Kruuse stepped down as board member
19951 changecapital 1
  • Share capital changed from 300,000 DKK to 1,000,000 DKK
19924 changesmanagement 2 · name 1 · merger 1
  • Jens Christian Terp-Nielsen stepped down as board member
  • Alexander Jardine Goodall stepped down as board member
  • Name changed from DKC A/S to ELVSTRØM SAILS A/S
  • Merger registered in CVR
19912 changesmanagement 2
  • Søren Olsen stepped down as board member
  • Susan Olsen stepped down as board member
19883 changesname 1 · management 2
  • Name changed from HENNING OLSEN YACHTING A/S to DKC A/S
  • Susan Olsen stepped down as director
  • Tove Mariane Kjær Olsen stepped down as board member
19871 changecapital 1
  • Share capital changed from 100,000 DKK to 300,000 DKK
196210 changesfounded 1 · management 9
  • Registered as HENNING OLSEN YACHTING A/S
  • Jens Christian Terp-Nielsen appointed board member
  • Søren Olsen appointed board member
  • Susan Olsen appointed director
  • Susan Olsen appointed board member
  • Peer Abraham Kruuse appointed board member
  • Alexander Jardine Goodall appointed board member
  • Tove Mariane Kjær Olsen appointed board member
  • Oluf Jørgensen appointed board member
  • Susanne Olsen 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 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