Heco International A/S
Public limited companyCVR 37660612HedenstedActive
Heco International A/S is a public limited company, based in Hedensted, active in manufacture of engines and turbines, except aircraft, vehicle and cycle engines, founded in 1971. Net profit rose 159% from 2024 to 2025, ending at DKK 16.7m. Measured by gross profit, it ranks no. 5 of 19 companies in the industry in the database. Profit has grown three years in a row.
Key figures · financial year 2025
Gross profitDKK 43.1m+44.2% vs. 2024
Net profitDKK 16.7m+158.7% vs. 2024
EquityDKK 80.3m+26.2% vs. 2024
Employees39latest month from CVR
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 44% (2024 → 2025), to DKK 43.1m.
- Net profit rose 159% (2024 → 2025), to DKK 16.7m.
- Equity rose 26% (2024 → 2025), to DKK 80.3m.
Employees
- 2 more employees than a year earlier: 39 (07/2026) against 37 (07/2025).
Management and owners, last 24 months
- New in management: Ibrahim Hassan Mustafa Hassan (board member, 30/09/2026).
- Stepped down: Thomas Kastrup Sørensen (board member, 30/09/2026).
Registrations, last 24 months
- 01/01/2025: Industry changed to Manufacture of engines and turbines, except aircraft, vehicle and cycle engines (281100)
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 | 29,782 | 29,031 | 28,319 | 22,954 | 29,859 | 43,069 | +44.2% |
| Operating profit (EBIT) | 10,666 | 11,073 | 13,979 | 6,404 | 9,197 | 22,042 | +139.7% |
| Profit before tax | 10,293 | 10,984 | 13,875 | 5,277 | 9,673 | 21,374 | +121% |
| Net profit | 8,031 | 8,569 | 10,822 | 4,098 | 6,446 | 16,673 | +158.7% |
| Total assets | 75,276 | 69,705 | 100,723 | 88,570 | 93,400 | 114,309 | +22.4% |
| Equity | 35,673 | 44,242 | 55,064 | 59,162 | 63,657 | 80,330 | +26.2% |
| Liabilities | 37,654 | 23,523 | 43,916 | 28,440 | 29,153 | 33,491 | +14.9% |
| Cash and cash equivalents | – | – | 140 | 2,388 | 1,573 | 4,807 | +205.6% |
| Average number of employees | – | 34 | – | 28 | 29 | 34 | +17.2% |
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 | 01/01/2025 – 31/12/2025 | 22/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 27/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 15/05/2024 | The company | PDFXBRL |
| 2022 | 01/07/2021 – 31/12/2022 | 04/07/2023 | The company | PDFXBRL |
| 2021 | 01/07/2020 – 30/06/2021 | 07/09/2021 | The company | PDFXBRL |
| 2020 | 01/07/2019 – 30/06/2020 | 08/10/2020 | 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
19 companies in the databaseComparison with the other companies in manufacture of engines and turbines, except aircraft, vehicle and cycle engines based on the latest financial year.
Gross profitDKK 43.1mNo. 5 of 19
Better than 78% of the companies in the industry
EquityDKK 80.3mNo. 5 of 19
Better than 78% of the companies in the industry
Number of employees39No. 4 of 19
Better than 83% of the companies in the industry
Industry median: gross profit DKK 6.6m, net profit DKK 820k, equity DKK 3.2m, 5 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 615of 9,892 Better than 94% | No. 443of 9,922 Better than 96% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 1,674of 10,152 Better than 84% | No. 1,469of 10,275 Better than 86% |
| All companies of type A/S18,025 companies in the comparison | No. 3,326of 17,786 Better than 81% | No. 2,647of 18,024 Better than 85% |
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 engines and turbines, except aircraft, vehicle and cycle enginesGross profit
- Heco International A/SDKK 43.1m
- Vestas Northern Europe A/SDKK 548.5m
- Siemens Gamesa Renewable Energy A/SDKK 462.9m
Net profit
- Heco International A/SDKK 16.7m
- Vestas Northern Europe A/SDKK 85.4m
- Siemens Gamesa Renewable Energy A/S−DKK 1.2bn
Equity
- Heco International A/SDKK 80.3m
- Vestas Northern Europe A/SDKK 1.1bn
- Siemens Gamesa Renewable Energy A/SDKK 5.9bn
Employees
- Heco International A/S39
- Vestas Northern Europe A/S1,097
- Siemens Gamesa Renewable Energy A/S6,204
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterHeco International A/S
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Anders Egehus | CEO | 01/11/2022 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Jesper Teddy Lok | Chair of the board | 21/09/2021 |
| Anders Egehus | Board member | 13/03/2024 |
| Ibrahim Hassan Mustafa Hassan | Board member | 30/09/2026 |
Former management (29)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Ole Hoppe | Board member | 02/12/1971 | 09/03/2012 |
| Ib Skovbo | Chair of the board | 02/12/1971 | 28/09/2015 |
| Torben Cornelius | CEO | 02/12/1971 | 03/04/2001 |
| Ole Grünfeld | Board member | 02/12/1971 | 03/10/2013 |
| Emilie Christine Brøndum Cornelius | Board member | 02/12/1971 | 20/12/1990 |
| Anders Friis-Holm Bertelsen | Director | 02/12/1971 | 27/04/1988 |
| Allan Cornelius | CEO | 03/04/2001 | 01/07/2011 |
| Søren Tommy Sørensen | Board member | 31/05/2002 | 28/09/2015 |
| Lars Carsten Bo Steffensen | CEO | 01/07/2011 | 20/01/2017 |
| Preben Thorius Lund | Board member | 03/10/2013 | 28/09/2015 |
| Bo Kristensen | Board member | 28/09/2015 | 13/03/2024 |
| Thomas Marstrand | Deputy chair | 28/09/2015 | 21/09/2021 |
| Niels Henrik Jensen | Chair of the board | 28/09/2015 | 31/05/2017 |
| Kristian la Cour | Board member | 28/09/2015 | 21/09/2021 |
| Karsten Lindved | Director | 20/01/2017 | 28/02/2022 |
| John Åge Lazar | CEO | 20/01/2017 | 08/08/2017 |
| Søren Klarskov Vilby | Chair of the board | 01/06/2017 | 21/09/2021 |
| Liselotte Grønborg Lundberg | Board member | 01/06/2017 | 13/11/2018 |
| Bo Kristensen | CEO | 08/08/2017 | 07/02/2020 |
| Oscar William Gunner | Director | 01/02/2018 | 31/05/2021 |
| Morten Pilnov | CEO | 16/08/2021 | 01/11/2022 |
| Rune Lillie Gornitzka | Board member | 21/09/2021 | 25/01/2022 |
| Thomas Synnestvedt Knudsen | Board member | 12/10/2021 | 13/03/2024 |
| Bernd Bertram | Board member | 12/10/2021 | 13/03/2024 |
| Inge Harting Bodskov | Director | 01/03/2022 | 01/11/2022 |
| Henning Høgh | Director | 01/05/2022 | 13/03/2024 |
| Rasmus Hans Jensen | Board member | 24/02/2023 | 13/03/2024 |
| Thomas Kastrup Sørensen | Director | 07/03/2023 | 13/03/2024 |
| Thomas Kastrup Sørensen | Board member | 13/03/2024 | 30/09/2026 |
Signing rule: Selskabet tegnes af to direktører i forening, en direktør i forening med et bestyrelsesmedlem eller den samlede bestyrelse.
Address and production units
1 active production unitsHecovej 1
8722 Hedensted
| Production unit | Address | Employees | P number |
|---|---|---|---|
| HECO INTERNATIONAL A/S | Hecovej 1, 8722 Hedensted | 39 | 1001758240 |
Purpose
Selskabets formål er at drive fabrikation og handel og dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
78 registered events92015
02016
82017
22018
02019
22020
102021
72022
32023
92024
22025
32026
20263 changesmanagement 2 · accounts 1
- ManagementIbrahim Hassan Mustafa Hassan appointed board member
- ManagementThomas Kastrup Sørensen stepped down as board member
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Manufacture of engines and turbines, except aircraft, vehicle and cycle engines (281100)
20249 changesaccounts 1 · management 8
- AccountsAnnual report for 2023 published
- ManagementThomas Kastrup Sørensen appointed board member
- ManagementAnders Egehus appointed board member
- ManagementThomas Kastrup Sørensen stepped down as director
- ManagementRasmus Hans Jensen stepped down as board member
- ManagementHenning Høgh stepped down as director
- ManagementThomas Synnestvedt Knudsen stepped down as board member
- ManagementBernd Bertram stepped down as board member
- ManagementBo Kristensen stepped down as board member
20233 changesaccounts 1 · management 2
- AccountsAnnual report for 2022 published
- ManagementThomas Kastrup Sørensen appointed director
- ManagementRasmus Hans Jensen appointed board member
20227 changesmanagement 7
- ManagementAnders Egehus appointed ceo
- ManagementInge Harting Bodskov stepped down as director
- ManagementMorten Pilnov stepped down as ceo
- ManagementHenning Høgh appointed director
- ManagementInge Harting Bodskov appointed director
- ManagementKarsten Lindved stepped down as director
- ManagementRune Lillie Gornitzka stepped down as board member
202110 changesmanagement 9 · accounts 1
- ManagementThomas Synnestvedt Knudsen appointed board member
- ManagementBernd Bertram appointed board member
- ManagementRune Lillie Gornitzka appointed board member
- ManagementJesper Teddy Lok appointed chair of the board
- ManagementSøren Klarskov Vilby stepped down as chair of the board
- ManagementKristian la Cour stepped down as board member
- ManagementThomas Marstrand stepped down as deputy chair
- AccountsAnnual report for 2021 published
- ManagementMorten Pilnov appointed ceo
- ManagementOscar William Gunner stepped down as director
20202 changesaccounts 1 · management 1
- AccountsAnnual report for 2020 published
- ManagementBo Kristensen stepped down as ceo
20182 changesmanagement 2
- ManagementLiselotte Grønborg Lundberg stepped down as board member
- ManagementOscar William Gunner appointed director
20178 changesmanagement 8
- ManagementBo Kristensen appointed ceo
- ManagementJohn Åge Lazar stepped down as ceo
- ManagementSøren Klarskov Vilby appointed chair of the board
- ManagementLiselotte Grønborg Lundberg appointed board member
- ManagementNiels Henrik Jensen stepped down as chair of the board
- ManagementJohn Åge Lazar appointed ceo
- ManagementKarsten Lindved appointed director
- ManagementLars Carsten Bo Steffensen stepped down as ceo
20159 changesmanagement 7 · ownership 2
- ManagementBo Kristensen appointed board member
- ManagementKristian la Cour appointed board member
- ManagementNiels Henrik Jensen appointed chair of the board
- ManagementThomas Marstrand appointed deputy chair
- ManagementPreben Thorius Lund stepped down as board member
- ManagementSøren Tommy Sørensen stepped down as board member
- ManagementIb Skovbo stepped down as chair of the board
- OwnershipGERTSEN & OLUFSEN A/S registered as owner (100%)
- OwnershipHECO HOLDING A/S is no longer registered as owner
20141 changeaddress 1
- AddressMoved to Hecovej 1, 8722 Hedensted
20132 changesmanagement 2
- ManagementPreben Thorius Lund appointed board member
- ManagementOle Grünfeld stepped down as board member
20121 changemanagement 1
- ManagementOle Hoppe stepped down as board member
20112 changesmanagement 2
- ManagementLars Carsten Bo Steffensen appointed ceo
- ManagementAllan Cornelius stepped down as ceo
20081 changeindustry 1
- IndustryIndustry changed to Fremstilling af motorer og turbiner undtagen motorer til vindmøller, flyvemaskiner, motorkøretøjer og knallerter (281190)
20071 changeaddress 1
- AddressMoved to Hecovej 1-3, 8722 Hedensted
20021 changemanagement 1
- ManagementSøren Tommy Sørensen appointed board member
20012 changesmanagement 2
- ManagementAllan Cornelius appointed ceo
- ManagementTorben Cornelius stepped down as ceo
19952 changesownership 1 · capital 1
- OwnershipHECO HOLDING A/S registered as owner (0%)
- CapitalShare capital changed from 1,426,500 DKK to 3,000,000 DKK
19901 changemanagement 1
- ManagementEmilie Christine Brøndum Cornelius stepped down as board member
19881 changemanagement 1
- ManagementAnders Friis-Holm Bertelsen stepped down as director
19871 changecapital 1
- CapitalShare capital changed from 951,000 DKK to 1,426,500 DKK
19717 changesfounded 1 · management 6
- FoundedRegistered as HECO INTERNATIONAL A/S
- ManagementOle Hoppe appointed board member
- ManagementAnders Friis-Holm Bertelsen appointed director
- ManagementEmilie Christine Brøndum Cornelius appointed board member
- ManagementOle Grünfeld appointed board member
- ManagementTorben Cornelius appointed ceo
- ManagementIb Skovbo appointed chair of the board
Related companies
Same people in management
- Danish Crown A/Svia Jesper Teddy Lok
- Dagrofa ApSvia Jesper Teddy Lok
- Marius Pedersen A/Svia Søren Klarskov Vilby
- Dagrofa Foodservice A/Svia Jesper Teddy Lok
- Esvagt A/Svia Jesper Teddy Lok
- Mejerigaarden A/Svia Thomas Marstrand
Largest in the industry
- Vestas Northern Europe A/SDKK 548.5m
- Siemens Gamesa Renewable Energy A/SDKK 462.9m
- Vestas Manufacturing A/SDKK 322.5m
- Vest-fiber ApSDKK 73.3m
- Bukh A/SDKK 11.8m
- Skagen Blade Technology ApSDKK 11.1m
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.