Fgm A/S
Public limited companyCVR 17441205FaaborgActive
Fgm A/S is a public limited company, based in Faaborg, active in manufacture of agricultural and forestry machinery, founded in 1993. Net profit fell 40% from 2024 to 2025, ending at DKK 2m.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 16% (2024 → 2025), to DKK 11.1m.
- Net profit fell 40% (2024 → 2025), to DKK 2m.
- Equity fell 13% (2024 → 2025), to DKK 6.6m.
Employees
- 2 more employees than a year earlier: 12 (08/2026) against 10 (08/2025).
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 | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 6,031 | 7,485 | 8,486 | 11,212 | 13,267 | 11,084 | −16.5% |
| Operating profit (EBIT) | 886 | 909 | 658 | 4,164 | 3,930 | 3,096 | −21.2% |
| Profit before tax | 744 | 848 | 452 | 4,342 | 4,362 | 2,596 | −40.5% |
| Net profit | 575 | 654 | 318 | 3,378 | 3,434 | 2,044 | −40.5% |
| Total assets | 12,273 | 16,006 | 21,950 | 42,064 | 19,242 | 18,443 | −4.2% |
| Equity | 3,473 | 3,798 | 3,775 | 7,154 | 7,588 | 6,631 | −12.6% |
| Liabilities | 8,565 | 11,781 | 17,625 | 33,397 | 9,208 | 8,764 | −4.8% |
| Cash and cash equivalents | 1,099 | 3,827 | 4,114 | 18,470 | 5,421 | 2,653 | −51.1% |
| Average number of employees | 12 | 13 | 14 | 12 | 12 | 11 | −8.3% |
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
Signals from the financial statements
calculated from the 2025 figuresProfit 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/10/2024 – 30/09/2025 | 02/12/2025 | The company | PDF not statedXBRL |
| 2024 | 01/10/2023 – 30/09/2024 | 17/11/2024 | The company | PDFXBRL |
| 2023 | 01/10/2022 – 30/09/2023 | 14/11/2023 | The company | PDFXBRL |
| 2022 | 01/10/2021 – 30/09/2022 | 15/12/2022 | The company | PDFXBRL |
| 2021 | 01/10/2020 – 30/09/2021 | 13/12/2021 | The company | PDFXBRL |
| 2020 | 01/10/2019 – 30/09/2020 | 26/11/2020 | 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
70 companies in the databaseComparison with the other companies in manufacture of agricultural and forestry machinery based on the latest financial year.
Industry median: gross profit DKK 4.9m, net profit DKK 453k, equity DKK 4.3m, 9 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 4,048of 69,742 Better than 94% | No. 11,854of 69,964 Better than 83% |
| Same industry and fewer than 20 employees43 companies in the comparison | No. 3of 43 Better than 95% | No. 6of 43 Better than 88% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 3,977of 10,152 Better than 61% | No. 5,614of 10,275 Better than 45% |
| All companies of type A/S18,025 companies in the comparison | No. 8,520of 17,786 Better than 52% | No. 10,381of 18,024 Better than 42% |
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 agricultural and forestry machinery- Fgm A/SDKK 11.1m
- Skiold A/SDKK 430.5m
- Samson Agro A/SDKK 218.3m
- Fgm A/SDKK 2m
- Skiold A/SDKK 50.8m
- Samson Agro A/SDKK 14.9m
- Fgm A/SDKK 6.6m
- Skiold A/S−DKK 47.9m
- Samson Agro A/SDKK 218.3m
- Fgm A/S12
- Skiold A/S125
- Samson Agro A/S297
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Jpn Holding ApS33.33%
- U. Rasmussen Holding ApS33.33%
- Elceta Invest AS33.33%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Ulrik Rasmussen | Director | 04/11/2008 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Ulrik Rasmussen | Board member | 04/11/2008 |
| Jakob Pilegaard Nielsen | Chair of the board | 10/12/2015 |
| Trond Myrhaug | Board member | 10/12/2015 |
- Founders
- Niels-Frank Nielsen, Morten Jensen, F G M Leasing ApS
Former management (10)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Leif Jørgensen | Board member | 06/12/1993 | 28/03/2014 |
| Keld Aage Nielsen | Board member | 06/12/1993 | 10/11/2004 |
| Keld Aage Nielsen | Director | 06/12/1993 | 22/11/1999 |
| Niels-Frank Nielsen | Chair of the board | 06/12/1993 | 30/11/2012 |
| Karl Ove Gammelgaard | Board member | 22/06/1999 | 04/11/2008 |
| Karl Ove Gammelgaard | Director | 22/06/1999 | 04/11/2008 |
| Leo Langeskov Jørgensen | Board member | 06/12/1999 | 04/11/2008 |
| Jakob Pilegaard Nielsen | Board member | 04/11/2008 | 09/12/2015 |
| Jakob Pilegaard Nielsen | Director | 04/11/2008 | 04/11/2008 |
| Morten Jensen | Chair of the board | 05/12/2013 | 10/12/2015 |
Signing rule: Selskabet tegnes af to medlemmer af bestyrelsen i forening, eller af en direktør og bestyrelsesformanden i forening.
Address and production units
1 active production unitsSmedemestervej 1
5600 Faaborg
| Production unit | Address | Employees | P number |
|---|---|---|---|
| FGM A/S | Smedemestervej 1, 5600 Faaborg | 12 | 1001287629 |
Purpose
Selskabets formål er at drive handel og industri.
The purpose is quoted from the register in Danish.
Changes year by year
41 registered events20251 changeaccounts 1
- AccountsAnnual report for 2025 published
20241 changeaccounts 1
- AccountsAnnual report for 2024 published
20231 changeaccounts 1
- AccountsAnnual report for 2023 published
20221 changeaccounts 1
- AccountsAnnual report for 2022 published
20212 changesaccounts 1 · address 1
- AccountsAnnual report for 2021 published
- AddressMoved to Smedemestervej 1, 5600 Faaborg
20201 changeaccounts 1
- AccountsAnnual report for 2020 published
20155 changesmanagement 4 · ownership 1
- ManagementTrond Myrhaug appointed board member
- ManagementJakob Pilegaard Nielsen appointed chair of the board
- ManagementMorten Jensen stepped down as chair of the board
- ManagementJakob Pilegaard Nielsen stepped down as board member
- OwnershipElceta Invest AS registered as owner (33.33%)
20141 changemanagement 1
- ManagementLeif Jørgensen stepped down as board member
20132 changescapital 1 · management 1
- CapitalShare capital changed from 500,000 DKK to 501,000 DKK
- ManagementMorten Jensen appointed chair of the board
20122 changesmanagement 1 · name 1
- ManagementNiels-Frank Nielsen stepped down as chair of the board
- NameName changed from FYNS GARTNERIMASKINER A/S to FGM A/S
200811 changesmanagement 8 · ownership 2 · industry 1
- ManagementJakob Pilegaard Nielsen appointed board member
- ManagementJakob Pilegaard Nielsen appointed director
- ManagementJakob Pilegaard Nielsen stepped down as director
- ManagementUlrik Rasmussen appointed board member
- ManagementUlrik Rasmussen appointed director
- ManagementLeo Langeskov Jørgensen stepped down as board member
- ManagementKarl Ove Gammelgaard stepped down as board member
- ManagementKarl Ove Gammelgaard stepped down as director
- OwnershipJPN HOLDING ApS registered as owner (33.33%)
- OwnershipU. RASMUSSEN HOLDING ApS registered as owner (33.33%)
- IndustryIndustry changed to Manufacture of agricultural and forestry machinery (283000)
20071 changeaddress 1
- AddressMoved to Østergyden 1A, Åstrup, 5600 Faaborg
20051 changecapital 1
- CapitalShare capital changed from 625,000 DKK to 500,000 DKK
20041 changemanagement 1
- ManagementKeld Aage Nielsen stepped down as board member
19995 changesmanagement 4 · capital 1
- ManagementLeo Langeskov Jørgensen appointed board member
- ManagementKeld Aage Nielsen stepped down as director
- CapitalShare capital changed from 500,000 DKK to 625,000 DKK
- ManagementKarl Ove Gammelgaard appointed board member
- ManagementKarl Ove Gammelgaard appointed director
19935 changesfounded 1 · management 4
- FoundedRegistered as FYNS GARTNERIMASKINER A/S
- ManagementLeif Jørgensen appointed board member
- ManagementKeld Aage Nielsen appointed director
- ManagementKeld Aage Nielsen appointed board member
- ManagementNiels-Frank Nielsen appointed chair of the board
Related companies
Same people in management
- One Wood Furniture A/Svia Niels-Frank Nielsen
- Ulbølle Brugsforening A.m.b.avia Niels-Frank Nielsen
- Svanninge Skovservice A/Svia Leif Jørgensen
- Bøllemosen Døre & Vinduer A/Svia Niels-Frank Nielsen
- Murermester Palle Jensen. V. Aaby A/Svia Leif Jørgensen
- Bondetoftegaard A/Svia Leif Jørgensen
Largest in the industry
- Skiold A/SDKK 430.5m
- Samson Agro A/SDKK 218.3m
- Landmeco A/SDKK 171.4m
- He-va ApSDKK 93.7m
- Newtec Engineering A/SDKK 87.5m
- Bogballe A/SDKK 84.9m
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.