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Gmf A/S

Public limited companyCVR 24210278GelstedActive

Gmf A/S is a public limited company, based in Gelsted, active in manufacture of tubes, pipes, hollow profiles and related fittings, of steel, founded in 1999. Net profit fell 53% from 2024 to 2025, ending at DKK 3.2m. Measured by gross profit, it ranks no. 8 of 27 companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 13.7m−23.9% vs. 2024
Net profitDKK 3.2m−53.3% vs. 2024
EquityDKK 24.7m−10.2% vs. 2024
Employees14latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 24% (2024 → 2025), to DKK 13.7m.
  • Net profit fell 53% (2024 → 2025), to DKK 3.2m.
  • Equity fell 10% (2024 → 2025), to DKK 24.7m.

Employees

  • 1 fewer employees than a year earlier: 14 (08/2026) against 15 (08/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of tubes, pipes, hollow profiles and related fittings, of steel (242000)

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 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30m202020212022202320242025
EquityNet profit
Financial figures for Gmf A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit22,86720,49126,46025,52917,96813,680−23.9%
Operating profit (EBIT)13,24710,16816,16215,7758,9334,264−52.3%
Profit before tax13,14310,05316,13615,7338,8214,111−53.4%
Net profit10,2517,46312,59612,2746,8873,213−53.3%
Total assets35,85231,67445,21438,48532,94228,087−14.7%
Equity27,22625,69031,28531,55927,44724,660−10.2%
Liabilities8,1315,67813,7256,6725,1862,960−42.9%
Cash and cash equivalents11,7016,88011,7445,9977,6383,624−52.6%
Average number of employees161416161312−7.7%

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, 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 5mDKK 10mDKK 15mDKK 20mDKK 25m202020212022202320242025
Gross profitMedian, the industry (27 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 Gmf A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202526/03/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202427/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202303/04/2024The companyPDFXBRL
202201/01/2022 – 31/12/202229/03/2023The companyPDFXBRL
202101/01/2021 – 31/12/202126/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202015/03/2021The 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
02468101214161809/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

27 companies in the database

Comparison with the other companies in manufacture of tubes, pipes, hollow profiles and related fittings, of steel based on the latest financial year.

Gross profitDKK 13.7mNo. 8 of 27
Better than 73% of the companies in the industry
EquityDKK 24.7mNo. 6 of 27
Better than 81% of the companies in the industry
Number of employees14No. 11 of 27
Better than 62% of the companies in the industry

Industry median: gross profit DKK 5.4m, net profit DKK 380k, equity DKK 2.4m, 10 employees.

DKK 100kDKK 683kDKK 4.7mDKK 31.8mDKK 114.4mHere
Distribution of gross profit for 26 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. 2,818of 69,742
Better than 96%
No. 5,060of 69,964
Better than 93%
Same industry and fewer than 20 employees18 companies in the comparison
No. 2of 18
Better than 94%
No. 1of 18
Better than 100%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 4,666of 24,791
Better than 81%
No. 3,881of 24,909
Better than 84%
All companies of type A/S18,025 companies in the comparison
No. 7,599of 17,786
Better than 57%
No. 5,510of 18,024
Better than 69%

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 tubes, pipes, hollow profiles and related fittings, of steel
Gross profit
  1. Gmf A/SDKK 13.7m
  2. Blücher Metal A/SDKK 217m
  3. Jkf Industri A/SDKK 105.1m
Net profit
  1. Gmf A/SDKK 3.2m
  2. Blücher Metal A/SDKK 86.4m
  3. Jkf Industri A/SDKK 14.1m
Equity
  1. Gmf A/SDKK 24.7m
  2. Blücher Metal A/SDKK 412m
  3. Jkf Industri A/SDKK 136.1m
Employees
  1. Gmf A/S14
  2. Blücher Metal A/S310
  3. Jkf Industri A/S182

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
Gmf A/S

Management

5 active registrations

Executive management

Executive management at Gmf A/S
NameRoleAppointed
Thomas PedersenCEO10/05/2016

Board of directors

Board of directors at Gmf A/S
NameRoleAppointed
Frank PedersenBoard member29/06/1999
Jeanette JensenBoard member24/01/2007
Thomas PedersenBoard member10/05/2016
Margit Marianne PedersenBoard member10/05/2016
Founders
Frank Pedersen
Former management (5)
Former management at Gmf A/S
NameRoleAppointedResigned
John Schnor JørgensenChair of the board29/06/199924/01/2007
Thomas PedersenBoard member24/01/200706/07/2012
Margit Marianne PedersenChair of the board24/01/200709/05/2016
Frank PedersenCEO07/06/201210/05/2016
Thomas PedersenDirector07/06/201209/05/2016

Signing rule: Selskabet tegnes af den administrerende direktør eller en direktør og et bestyrelsesmedlem eller af 2 medlemmer af bestyrelsen.

Address and production units

1 active production units

Hylkedamvej 70
5591 Gelsted

Middelfart Municipality · Postcode 5591

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
GMF A/SHylkedamvej 70, Lunge Bjerge, 5591 Gelsted141006410595

Purpose

Selskabets formål er at drive underleverandørvirksomhed, handel med stål, produktion, fremstille sikkerhedsafskærmning samt aktiviteter i tilknytning hertil.

The purpose is quoted from the register in Danish.

Changes year by year

39 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Manufacture of tubes, pipes, hollow profiles and related fittings, of steel (242000)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20222 changesaccounts 1 · ownership 1
  • Annual report for 2021 published
  • GMF HOLDING ApS is no longer registered as owner
20212 changesaddress 1 · accounts 1
  • Moved to Hylkedamvej 70, Lunge Bjerge, 5591 Gelsted
  • Annual report for 2020 published
20176 changesownership 6
  • Thomas Pedersen registered as owner (50%)
  • Thomas Pedersen is no longer registered as owner
  • GMF HOLDING ApS registered as owner (20%)
  • TSKV HOLDING ApS registered as owner (66.67%)
  • GMF HOLDING ApS is no longer registered as owner
  • TSKV HOLDING ApS is no longer registered as owner
20166 changesmanagement 6
  • Thomas Pedersen appointed ceo
  • Margit Marianne Pedersen appointed board member
  • Thomas Pedersen appointed board member
  • Frank Pedersen stepped down as ceo
  • Thomas Pedersen stepped down as director
  • Margit Marianne Pedersen stepped down as chair of the board
20133 changesownership 3
  • GMF HOLDING ApS registered as owner (50%)
  • TSKV HOLDING ApS registered as owner (25%)
  • 5J HOLDING ApS registered as owner (15%)
20123 changesmanagement 3
  • Thomas Pedersen stepped down as board member
  • Frank Pedersen appointed ceo
  • Thomas Pedersen appointed director
20081 changeindustry 1
  • Industry changed to Manufacture of tubes, pipes, hollow profiles and related fittings, of steel (242000)
20075 changesmanagement 4 · address 1
  • Thomas Pedersen appointed board member
  • Jeanette Jensen appointed board member
  • Margit Marianne Pedersen appointed chair of the board
  • John Schnor Jørgensen stepped down as chair of the board
  • Moved to Hylkedamvej 70, Lunge Bjerge, 5591 Gelsted
20021 changeindustry 1
  • Industry changed to Fremstilling af jern- og stålrør (undtagen støbte rør) (272200)
20011 changename 1
  • Name changed from FRANK PEDERSEN A/S to GMF A/S
19994 changesindustry 1 · founded 1 · management 2
  • Industry changed to Almindelige maskinforarbejdningsprocesser (285200)
  • Registered as FRANK PEDERSEN A/S
  • Frank Pedersen appointed board member
  • John Schnor Jørgensen appointed chair of the board

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