CVRdatabase
Menu

Epcido A/S

Public limited companyCVR 37865966HerningActive

Epcido A/S is a public limited company, based in Herning, active in installation of industrial machinery and equipment, founded in 2016. The company went from a profit in 2024 to a loss of DKK 15,857 in 2025.

Follow
PDF reportCompare

Key figures · financial year 2025

RevenueDKK 46.6m−21.8% vs. 2024
Net profit−DKK 15,857−100.3% vs. 2024
EquityDKK 13.9m−2.1% vs. 2024
Employees4latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 28% (2024 → 2025), to DKK 7.1m.
  • Revenue fell 22% (2024 → 2025), to DKK 46.6m.
  • Net profit went from a profit of DKK 4.6m to a loss of DKK 15,857 (2024 → 2025).
  • Equity fell 2% (2024 → 2025), to DKK 13.9m.

Employees

  • 9 fewer employees than a year earlier: 4 (07/2026) against 13 (07/2025).

Management and owners, last 24 months

  • New in management: Lars Jensen (chair of the board, 13/03/2026), Mikkel Secher (board member, 13/03/2026) and Srikanth Apputhurai (board member, 14/01/2025) (+1).
  • Stepped down: Lars Jensen (board member, 12/03/2026), Christian Møller Christensen (board member, 14/01/2025) and Brian Kærgaard Mathiesen (chair of the board, 13/03/2026) (+2).

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 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16mDKK 18m202020212022202320242025
EquityNet profit
Financial figures for Epcido A/S
202020212022202320242025Change
Revenuenot statednot statednot stated71,44559,53546,563−21.8%
Gross profit10,81014,47110,0439,7199,8137,075−27.9%
Operating profit (EBIT)6,2178,9746,4595,5864,764−2,151−145.2%
Profit before tax6,16710,1946,3587,4285,569161−97.1%
Net profit4,8068,2524,9686,2184,638−16−100.3%
Total assets10,63020,02420,31326,77221,02923,801+13.2%
Equity7,27011,62315,19818,40614,23113,927−2.1%
Liabilities3,3598,3654,7617,9796,5119,574+47%
Cash and cash equivalents4,2464,4679,39710,5577,1432,611−63.4%
Average number of employees225–613+116.7%

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: 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 14m202020212022202320242025
Gross profitMedian, the industry (132 companies)

Annual reports

6 financial years
Annual reports for Epcido A/S
Financial yearPeriodPublishedFigures forDocuments
202501/11/2024 – 31/10/202520/01/2026The companyPDF not statedXBRL
202401/11/2023 – 31/10/202427/01/2025The companyPDFXBRL
202301/11/2022 – 31/10/202324/01/2024The companyPDFXBRL
202201/11/2021 – 31/10/202211/01/2023The companyPDFXBRL
202101/01/2021 – 31/10/202130/03/2022The companyPDFXBRL
202001/01/2020 – 31/12/202005/03/2021The 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
0102030405008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

132 companies in the database

Comparison with the other companies in installation of industrial machinery and equipment based on the latest financial year.

Gross profitDKK 7.1mNo. 53 of 131
Better than 60% of the companies in the industry
EquityDKK 13.9mNo. 21 of 132
Better than 85% of the companies in the industry
Number of employees4No. 40 of 132
Better than 70% of the companies in the industry

Industry median: gross profit DKK 4.8m, net profit DKK 539k, equity DKK 2.4m, 7 employees.

DKK 100kDKK 792kDKK 6.3mDKK 49.6mDKK 197.1mHere
Distribution of gross profit for 126 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. 8,453of 69,742
Better than 88%
No. 7,316of 69,964
Better than 90%
Same industry and fewer than 20 employees99 companies in the comparison
No. 23of 99
Better than 78%
No. 5of 99
Better than 96%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 6,240of 33,588
Better than 81%
No. 2,977of 33,687
Better than 91%
All companies of type A/S18,025 companies in the comparison
No. 10,512of 17,786
Better than 41%
No. 7,484of 18,024
Better than 58%

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

Installation of industrial machinery and equipment
Gross profit
  1. Epcido A/SDKK 7.1m
  2. SH Group A/SDKK 392.9m
  3. Eltronic A/SDKK 279.3m
Net profit
  1. Epcido A/S−DKK 15,857
  2. SH Group A/SDKK 45.2m
  3. Eltronic A/SDKK 44.8m
Equity
  1. Epcido A/SDKK 13.9m
  2. SH Group A/SDKK 222.9m
  3. Eltronic A/SDKK 91.8m
Employees
  1. Epcido A/S4
  2. SH Group A/S444
  3. Eltronic A/S272

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
  • Epcido Holding A/S100%
Epcido A/S

Management

6 active registrations

Executive management

Executive management at Epcido A/S
NameRoleAppointed
Flemming Noes LorentzenDirector06/12/2021
Pawel Lukasz RosiakDirector23/06/2023

Board of directors

Board of directors at Epcido A/S
NameRoleAppointed
Pawel Lukasz RosiakBoard member27/01/2017
Flemming Noes LorentzenBoard member06/12/2021
Lars JensenChair of the board13/03/2026
Mikkel SecherBoard member13/03/2026
Founders
Develo Holding ApS, Mathan Holding ApS
Former management (18)
Former management at Epcido A/S
NameRoleAppointedResigned
Flemming Noes LorentzenDirector11/07/201609/03/2017
Srikanth ApputhuraiDirector11/07/201627/01/2017
Flemming Noes LorentzenBoard member27/01/201708/03/2017
Srikanth ApputhuraiChair of the board27/01/201708/03/2017
Flemming Noes LorentzenChair of the board09/03/201705/12/2021
Srikanth ApputhuraiDirector09/03/201706/12/2021
Srikanth ApputhuraiBoard member09/03/201706/12/2021
Lars JensenBoard member06/12/202112/03/2026
Jesper RantalaDirector06/12/202123/06/2023
Christian Møller ChristensenChair of the board06/12/202122/06/2023
Jesper RantalaChair of the board23/06/202331/01/2024
Christian Møller ChristensenBoard member23/06/202330/01/2024
Carl Sinnerup JensenBoard member31/01/202430/04/2024
Christian Møller ChristensenChair of the board31/01/202429/04/2024
Christian Møller ChristensenBoard member30/04/202414/01/2025
Brian Kærgaard MathiesenChair of the board30/04/202413/03/2026
Srikanth ApputhuraiBoard member14/01/202509/09/2026
Mads Kragh JensenBoard member14/01/202509/09/2026

Signing rule: Selskabet tegnes af direktøren sammen med bestyrelsesformanden eller af den samlede bestyrelse.

Address and production units

1 active production units

Sakskøbingvej 6
7400 Herning

Herning Municipality · Postcode 7400

Production units
Production unitAddressEmployeesP number
EPCIDO A/SSakskøbingvej 6, 7400 Herning81021585544

Purpose

Selskabets formål er rådgivende ingeniørvirksomhed indenfor byggeri og anlægsarbejder.

The purpose is quoted from the register in Danish.

Changes year by year

73 registered events
20267 changesmanagement 6 · accounts 1
  • Mads Kragh Jensen stepped down as board member
  • Srikanth Apputhurai stepped down as board member
  • Mikkel Secher appointed board member
  • Lars Jensen appointed chair of the board
  • Brian Kærgaard Mathiesen stepped down as chair of the board
  • Lars Jensen stepped down as board member
  • Annual report for 2025 published
20254 changesaccounts 1 · management 3
  • Annual report for 2024 published
  • Mads Kragh Jensen appointed board member
  • Srikanth Apputhurai appointed board member
  • Christian Møller Christensen stepped down as board member
20249 changesmanagement 8 · accounts 1
  • Christian Møller Christensen appointed board member
  • Brian Kærgaard Mathiesen appointed chair of the board
  • Carl Sinnerup Jensen stepped down as board member
  • Christian Møller Christensen stepped down as chair of the board
  • Carl Sinnerup Jensen appointed board member
  • Christian Møller Christensen appointed chair of the board
  • Jesper Rantala stepped down as chair of the board
  • Christian Møller Christensen stepped down as board member
  • Annual report for 2023 published
20236 changesmanagement 5 · accounts 1
  • Christian Møller Christensen appointed board member
  • Pawel Lukasz Rosiak appointed director
  • Jesper Rantala appointed chair of the board
  • Jesper Rantala stepped down as director
  • Christian Møller Christensen stepped down as chair of the board
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
202113 changesmanagement 8 · ownership 4 · accounts 1
  • Jesper Rantala appointed director
  • Christian Møller Christensen appointed chair of the board
  • Flemming Noes Lorentzen appointed director
  • Flemming Noes Lorentzen appointed board member
  • Lars Jensen appointed board member
  • Srikanth Apputhurai stepped down as board member
  • Srikanth Apputhurai stepped down as director
  • Flemming Noes Lorentzen stepped down as chair of the board
  • Epcido Holding A/S registered as owner (100%)
  • Develo Holding ApS is no longer registered as owner
  • Mathan Holding ApS is no longer registered as owner
  • Rosiak Pawel Lukasz is no longer registered as owner
  • Annual report for 2020 published
20202 changesname 1 · capital 1
  • Name changed from EPCIDO ApS to EPCIDO A/S
  • Share capital changed from 81,000 DKK to 500,000 DKK
20191 changeaddress 1
  • Moved to Sakskøbingvej 6, 7400 Herning
201810 changesaddress 3 · capital 1 · ownership 6
  • Moved to Platanvej 13, 7400 Herning
  • Moved to Birk Centerpark 40, Birk, 7400 Herning
  • Moved to Platanvej 13, 7400 Herning
  • Share capital changed from 50,000 DKK to 81,000 DKK
  • Develo Holding ApS registered as owner (33.33%)
  • Mathan Holding ApS registered as owner (33.33%)
  • Rosiak Pawel Lukasz registered as owner (33.33%)
  • Mathan Holding ApS is no longer registered as owner
  • Rosiak Pawel Lukasz is no longer registered as owner
  • Develo Holding ApS is no longer registered as owner
201713 changesmanagement 10 · ownership 3
  • Flemming Noes Lorentzen appointed chair of the board
  • Srikanth Apputhurai appointed board member
  • Srikanth Apputhurai appointed director
  • Flemming Noes Lorentzen stepped down as director
  • Flemming Noes Lorentzen stepped down as board member
  • Srikanth Apputhurai stepped down as chair of the board
  • Flemming Noes Lorentzen appointed board member
  • Srikanth Apputhurai appointed chair of the board
  • Pawel Lukasz Rosiak appointed board member
  • Srikanth Apputhurai stepped down as director
  • Mathan Holding ApS registered as owner (20%)
  • Rosiak Pawel Lukasz registered as owner (20%)
  • Mathan Holding ApS is no longer registered as owner
20167 changesindustry 1 · address 1 · founded 1 · management 2 · ownership 2
  • Industry changed to Installation of industrial machinery and equipment (332000)
  • Moved to Birk Centerpark 40, Birk, 7400 Herning
  • Registered as EPCIDO ApS
  • Flemming Noes Lorentzen appointed director
  • Srikanth Apputhurai appointed director
  • Develo Holding ApS registered as owner (50%)
  • Mathan Holding ApS registered as owner (33.33%)

Related companies

Same industry in Herning

See all →

Same people in management

Largest in the industry

See all →

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