Finelco A/S

Public limited companyCVR 29322953TårsActive

Finelco A/S is a public limited company, based in Tårs, active in manufacture of wire products, chain and springs, founded in 2006. Net profit fell 7% from 2024 to 2025, ending at DKK 10.5m. Measured by gross profit, it ranks no. 5 of 16 companies in the industry in the database.

PDF report Compare

Key figures · financial year 2025

Gross profitDKK 22.1m−1.5% vs. 2024

Net profitDKK 10.5m−6.6% vs. 2024

EquityDKK 21.8m−2.4% vs. 2024

Employees11latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit fell 2% (2024 → 2025), to DKK 22.1m.
Net profit fell 7% (2024 → 2025), to DKK 10.5m.
Equity fell 2% (2024 → 2025), to DKK 21.8m.

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

EquityNet profit

Financial figures for Finelco A/S
	2020	2021	2022	2023	2024	2025	Change
Revenue	not stated	not stated	not stated	not stated	not stated	not stated	–
Gross profit	13,687	17,467	15,083	18,934	22,401	22,064	−1.5%
Operating profit (EBIT)	7,755	11,334	8,357	12,021	14,871	14,223	−4.4%
Profit before tax	7,595	11,166	8,071	11,719	14,413	13,462	−6.6%
Net profit	5,921	8,706	6,304	9,140	11,193	10,454	−6.6%
Total assets	33,192	34,753	38,363	36,788	38,770	51,629	+33.2%
Equity	16,016	19,722	17,026	20,166	22,360	21,813	−2.4%
Liabilities	16,322	14,246	20,625	15,998	15,824	29,115	+84%
Cash and cash equivalents	5,003	1,018	5,661	5,388	224	7,043	+3,041.9%
Average number of employees	10	9	10	11	11	11	0%

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

Compare with the industry (16 companies)

Gross profitMedian, the industry (16 companies)

Signals from the financial statements

calculated from the 2025 figures

Profit 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

Annual reports for Finelco A/S
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	01/07/2026	The company	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	30/06/2025	The company	PDF XBRL
2023	01/01/2023 – 31/12/2023	30/06/2024	The company	PDF XBRL
2022	01/01/2022 – 31/12/2022	20/06/2023	The company	PDF XBRL
2021	01/01/2021 – 31/12/2021	07/06/2022	The company	PDF XBRL
2020	01/01/2020 – 31/12/2020	18/05/2021	The company	PDF XBRL

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

Employees

Position in the industry

16 companies in the database

Comparison with the other companies in manufacture of wire products, chain and springs based on the latest financial year.

Gross profitDKK 22.1mNo. 5 of 16

Better than 73% of the companies in the industry

EquityDKK 21.8mNo. 6 of 16

Better than 67% of the companies in the industry

Number of employees11No. 7 of 16

Better than 60% of the companies in the industry

Industry median: gross profit DKK 12.6m, net profit DKK 1.7m, equity DKK 20.3m, 10 employees.

Distribution of gross profit for 16 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
Group	Gross profit	Equity
Companies with fewer than 20 employees69,967 companies in the comparison	No. 1,315of 69,742 Better than 98%	No. 5,457of 69,964 Better than 92%
Same industry and fewer than 20 employees10 companies in the comparison	No. 1of 10 Better than 100%	No. 1of 10 Better than 100%
Companies that are between 15 and 29 years old24,910 companies in the comparison	No. 3,105of 24,791 Better than 87%	No. 4,190of 24,909 Better than 83%
All companies of type A/S18,025 companies in the comparison	No. 5,513of 17,786 Better than 69%	No. 5,875of 18,024 Better than 67%

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 wire products, chain and springs

Gross profit

Finelco A/SDKK 22.1m
Hagens A/SDKK 150.3m
Itw Construction Products ApSDKK 149.9m

Net profit

Finelco A/SDKK 10.5m
Hagens A/SDKK 24.5m
Itw Construction Products ApSDKK 40.6m

Equity

Finelco A/SDKK 21.8m
Hagens A/SDKK 161.6m
Itw Construction Products ApSDKK 297.3m

Employees

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

Familien Gasbjerg Holding ApS100%

Finelco A/S

Management

4 active registrations

Executive management

Executive management at Finelco A/S
Name	Role	Appointed
Frank Hviid Gasbjerg	Director	12/06/2015

Board of directors

Board of directors at Finelco A/S
Name	Role	Appointed
Frank Hviid Gasbjerg	Board member	03/02/2006
Lisbeth Brunsgaard Gasbjerg	Board member	12/06/2015
Benny Jensen	Chair of the board	30/09/2015

Auditor: Cedra Godkendt Revisionsaktieselskab
Founders: Jason Finans A/S, Siltec A/S

Former management (4)

Former management at Finelco A/S
Name	Role	Appointed	Resigned
Lars Sigurd Espersen	Chair of the board	03/02/2006	30/09/2015
Hans Smith Andersen	Board member	03/02/2006	12/06/2015
Hans Smith Andersen	Director	03/02/2006	12/06/2015
Knud Gasbjerg	Board member	03/02/2006	30/05/2013

Signing rule: Selskabet tegnes af direktøren i forening med to medlemmer af bestyrelsen eller af tre medlemmer af bestyrelsen.

Address and production units

1 active production units

Industrivej 25
9830 Tårs

Hjørring Municipality · Postcode 9830

Production units
Production unit	Address	Industry	Employees	P number
FINELCO A/S	Industrivej 25, 9830 Tårs	Manufacture of wire products, chain and springs	11	1012021956

Purpose

Selskabets formål er at drive handel og industri.

The purpose is quoted from the register in Danish.

Changes year by year

31 registered events

112015

02016

02017

02018

02019

02020

12021

32022

12023

12024

12025

12026

20261 changeaccounts 1

01/07AccountsAnnual report for 2025 published

20251 changeaccounts 1

30/06AccountsAnnual report for 2024 published

20241 changeaccounts 1

30/06AccountsAnnual report for 2023 published

20231 changeaccounts 1

20/06AccountsAnnual report for 2022 published

20223 changesownership 2 · accounts 1

19/09OwnershipFamilien Gasbjerg Holding ApS registered as owner (100%)
19/09OwnershipFHG Holding ApS is no longer registered as owner
07/06AccountsAnnual report for 2021 published

20211 changeaccounts 1

18/05AccountsAnnual report for 2020 published

201511 changesmanagement 6 · ownership 5

30/09ManagementBenny Jensen appointed chair of the board
30/09ManagementLars Sigurd Espersen stepped down as chair of the board
30/06OwnershipFHG Holding ApS registered as owner (100%)
29/06OwnershipSILTEC A/S is no longer registered as owner
12/06ManagementFrank Hviid Gasbjerg appointed director
12/06ManagementLisbeth Brunsgaard Gasbjerg appointed board member
12/06ManagementHans Smith Andersen stepped down as board member
12/06ManagementHans Smith Andersen stepped down as director
12/06OwnershipSILTEC A/S registered as owner (100%)
11/06OwnershipJASON FINANS A/S is no longer registered as owner
11/06OwnershipSILTEC A/S is no longer registered as owner

20131 changemanagement 1

30/05ManagementKnud Gasbjerg stepped down as board member

20081 changeindustry 1

01/01IndustryIndustry changed to Manufacture of wire products, chain and springs (259300)

20071 changeaddress 1

01/01AddressMoved to Industrivej 25, 9830 Tårs

20069 changesindustry 1 · founded 1 · management 5 · ownership 2

01/04IndustryIndustry changed to Fremstilling af trådvarer (287300)
03/02FoundedRegistered as FINELCO A/S
03/02ManagementKnud Gasbjerg appointed board member
03/02ManagementLars Sigurd Espersen appointed chair of the board
03/02ManagementFrank Hviid Gasbjerg appointed board member
03/02ManagementHans Smith Andersen appointed board member
03/02ManagementHans Smith Andersen appointed director
03/02OwnershipJASON FINANS A/S registered as owner (50%)
03/02OwnershipSILTEC A/S registered as owner (50%)

Related companies

Same people in management

Jyske Bank A/Svia Benny Jensen
Via Biler A/Svia Hans Smith Andersen
Jyske Finans A/Svia Benny Jensen
Miko Gulve A/Svia Knud Gasbjerg
HK Hotel Skagen A/Svia Lars Sigurd Espersen
Nordmark Maskinfabrik A/Svia Lars Sigurd Espersen

Largest in the industry

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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 CVR Report a correction