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Glastech Composite ApS

Private limited companyCVR 31853311KertemindeActive

Glastech Composite ApS is a private limited company, based in Kerteminde, active in repair and maintenance of ships and boats, founded in 2008. Net profit fell 89% from 2025 to 2026, ending at DKK 68,899.

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Key figures · financial year 2026

Gross profitDKK 3m−5.3% vs. 2025
Net profitDKK 68,899−89% vs. 2025
EquityDKK 4.1m+1.7% vs. 2025
Employees7latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2026 against 2025

  • Gross profit fell 5% (2025 → 2026), to DKK 3m.
  • Net profit fell 89% (2025 → 2026), to DKK 68,899.
  • Equity rose 2% (2025 → 2026), to DKK 4.1m.

Registrations, last 24 months

  • 01/01/2025: Industry changed to Repair and maintenance of ships and boats (331500)

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 2019–2026 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5m201920252026
EquityNet profit
Financial figures for Glastech Composite ApS
201920252026Change
Revenuenot statednot statednot stated–
Gross profit21,5723,1232,957−5.3%
Operating profit (EBIT)2,351847198−76.7%
Profit before tax2,49579797−87.8%
Net profit1,81262569−89%
Total assets15,31110,76111,288+4.9%
Equity4,6574,0374,106+1.7%
Liabilities10,6546,724––
Cash and cash equivalents869421985+133.8%
Average number of employees4656+20%

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 2019, 2025, 2026: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2020, 2021, 2022, 2023, 2024 (changed financial year or not filed).

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 5mDKK 10mDKK 15mDKK 20m201920252026
Gross profitMedian, the industry (111 companies)

Annual reports

3 financial years
Annual reports for Glastech Composite ApS
Financial yearPeriodPublishedFigures forDocuments
202601/04/2025 – 31/03/202601/09/2026The companyPDF not statedXBRL
202501/04/2024 – 31/03/202502/10/2025The companyPDF not statedXBRL
201901/04/2018 – 31/03/201930/08/2019The 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
0246809/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

111 companies in the database

Comparison with the other companies in repair and maintenance of ships and boats based on the latest financial year.

Gross profitDKK 3mNo. 53 of 111
Better than 53% of the companies in the industry
EquityDKK 4.1mNo. 29 of 111
Better than 75% of the companies in the industry
Number of employees7No. 44 of 111
Better than 61% of the companies in the industry

Industry median: gross profit DKK 2.8m, net profit DKK 98,659, equity DKK 1.1m, 5 employees.

DKK 100kDKK 783kDKK 6.1mDKK 48.1mDKK 189.7mHere
Distribution of gross profit for 107 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. 22,922of 69,742
Better than 67%
No. 16,054of 69,964
Better than 77%
Same industry and fewer than 20 employees91 companies in the comparison
No. 33of 91
Better than 64%
No. 15of 91
Better than 84%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 13,141of 24,791
Better than 47%
No. 10,713of 24,909
Better than 57%
All companies of type ApS66,508 companies in the comparison
No. 22,600of 66,379
Better than 66%
No. 12,893of 66,505
Better than 81%

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

Repair and maintenance of ships and boats
Gross profit
  1. Glastech Composite ApSDKK 3m
  2. Altrad Services A/SDKK 376.7m
  3. Fayard A/SDKK 302.3m
Net profit
  1. Glastech Composite ApSDKK 68,899
  2. Altrad Services A/S−DKK 12.8m
  3. Fayard A/SDKK 233.5m
Equity
  1. Glastech Composite ApSDKK 4.1m
  2. Altrad Services A/SDKK 37.6m
  3. Fayard A/SDKK 164m
Employees
  1. Glastech Composite ApS7
  2. Altrad Services A/S467
  3. Fayard A/S165

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
  • Glastech Holding ApS50%
  • H2 Holding Odense ApS33.33%
Glastech Composite ApS

Management

1 active registrations

Executive management

Executive management at Glastech Composite ApS
NameRoleAppointed
Henrik MortensenDirector18/11/2008
Founders
Glastech Holding ApS

Signing rule: Selskabet tegnes af en direktør.

Address and production units

1 active production units

Søndre Havnekaj 19
5300 Kerteminde

Kerteminde Municipality · Postcode 5300

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
GLASTECH COMPOSITE ApSSøndre Havnekaj 19, 5300 Kerteminde71014889740

Purpose

Selskabets formål er produktion samt anden hermed forbundet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

13 registered events
20261 changeaccounts 1
  • Annual report for 2026 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2025 published
  • Industry changed to Repair and maintenance of ships and boats (331500)
20221 changeaddress 1
  • Moved to Søndre Havnekaj 19, 5300 Kerteminde
20193 changesaccounts 1 · address 2
  • Annual report for 2019 published
  • Moved to Ny Stenderupvej 7, Ny Stenderup, 5672 Broby
  • Moved to Ny Stenderupvej 7, Ny Stenderup, 5672 Broby
20151 changeownership 1
  • H2 Holding Odense ApS registered as owner (33.33%)
20141 changeaddress 1
  • Moved to Pårupvej 37, 5540 Ullerslev
20121 changeaddress 1
  • Moved to Lunden 63, Bullerup, 5320 Agedrup
20083 changesfounded 1 · management 1 · ownership 1
  • Registered as GLASTECH COMPOSITE ApS
  • Henrik Mortensen appointed director
  • GLASTECH HOLDING ApS registered as owner (50%)

Related companies

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Same people in management

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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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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