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I-Wood Denmark ApS

Private limited companyCVR 38152416ØrnhøjActive

I-Wood Denmark ApS is a private limited company, based in Ørnhøj, active in manufacture of veneer sheets and wood-based panels, founded in 2016. After a loss in 2024, the company made a profit of DKK 1.2m in 2025. Equity grew to DKK 3.2m in 2025. 6 people are registered in the company's management and ownership.

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Key figures · financial year 2025

Gross profitDKK 9.5m+38.1% vs. 2024
Net profitDKK 1.2m+365.3% vs. 2024
EquityDKK 3.2m+58.6% vs. 2024
Employees21latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 38% (2024 → 2025), to DKK 9.5m.
  • Net profit went from a loss of DKK 444k to a profit of DKK 1.2m (2024 → 2025).
  • Equity rose 59% (2024 → 2025), to DKK 3.2m.

Employees

  • 6 more employees than a year earlier: 21 (07/2026) against 15 (07/2025).

Management and owners, last 24 months

  • New in management: Brian Christensen (board member, 03/07/2026).

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 2m−DKK 1mDKK 0DKK 1mDKK 2mDKK 3m202020212022202320242025
EquityNet profit
Financial figures for I-Wood Denmark ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit2,8526,4797,4838,5816,9129,545+38.1%
Operating profit (EBIT)2011,9641,194−1,169−1,6351,817+211.1%
Profit before tax1161,8141,058−1,612−5691,517+366.6%
Net profit871,412835−1,259−4441,179+365.3%
Total assets3,6057,78012,29814,51813,42015,486+15.4%
Equity5681,9802,8152,4552,0113,190+58.6%
Liabilities3,0145,4829,04111,61711,21011,668+4.1%
Cash and cash equivalents–––––0–
Average number of employees6915161714−17.6%

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 2mDKK 4mDKK 6mDKK 8mDKK 10m202020212022202320242025
Gross profitMedian, the industry (9 companies)

Annual reports

6 financial years
Annual reports for I-Wood Denmark ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202513/03/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202402/07/2025The companyPDFXBRL
202301/10/2022 – 31/12/202326/06/2024The companyPDFXBRL
202201/10/2021 – 30/09/202214/03/2023The companyPDFXBRL
202101/10/2020 – 30/09/202122/11/2021The companyPDFXBRL
202001/10/2019 – 30/09/202007/12/2020The 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
0510152008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

9 companies in the database

Comparison with the other companies in manufacture of veneer sheets and wood-based panels based on the latest financial year.

Gross profitDKK 9.5mNo. 5 of 8
Better than 43% of the companies in the industry
EquityDKK 3.2mNo. 6 of 9
Better than 38% of the companies in the industry
Number of employees21No. 5 of 9
Better than 50% of the companies in the industry

Industry median: gross profit DKK 10.1m, net profit DKK 1.2m, equity DKK 10.5m, 14 employees.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 20–49 employees9,922 companies in the comparison
No. 5,933of 9,892
Better than 40%
No. 5,657of 9,922
Better than 43%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 4,613of 33,588
Better than 86%
No. 8,125of 33,687
Better than 76%
All companies of type ApS66,508 companies in the comparison
No. 6,471of 66,379
Better than 90%
No. 15,236of 66,505
Better than 77%

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 veneer sheets and wood-based panels
Gross profit
  1. I-Wood Denmark ApSDKK 9.5m
  2. Pfp A/SDKK 30.4m
  3. Vesterby Paneler A/SDKK 19.9m
Net profit
  1. I-Wood Denmark ApSDKK 1.2m
  2. Pfp A/SDKK 3.2m
  3. Vesterby Paneler A/SDKK 6.5m
Equity
  1. I-Wood Denmark ApSDKK 3.2m
  2. Pfp A/SDKK 30m
  3. Vesterby Paneler A/SDKK 12.4m
Employees
  1. I-Wood Denmark ApS21
  2. Pfp A/S75
  3. Vesterby Paneler A/S17

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
  • I-Wood Holding Denmark ApS100%
I-Wood Denmark ApS

Management

6 active registrations

Executive management

Executive management at I-Wood Denmark ApS
NameRoleAppointed
Casper Krogh OlesenDirector17/11/2021

Board of directors

Board of directors at I-Wood Denmark ApS
NameRoleAppointed
Mikkel Kristensen GalsgaardBoard member14/11/2019
Casper Krogh OlesenBoard member14/11/2019
Lars Vestergaard MortensenBoard member13/03/2023
Michael Lindal OvergaardChair of the board13/03/2023
Brian ChristensenBoard member03/07/2026
Founders
LM Holding, Grønbjerg ApS, Mikkel Galsgaard Holding ApS
Former management (3)
Former management at I-Wood Denmark ApS
NameRoleAppointedResigned
Mikkel Kristensen GalsgaardDirector02/11/201617/11/2021
Lars Vestergaard MortensenDirector02/11/201614/11/2019
Lars Vestergaard MortensenChair of the board14/11/201912/03/2023

Signing rule: Selskabet tegnes af den samlede bestyrelse i forening, af en direktør i forening med et bestyrelsesmedlem eller af 2 bestyrelsesmedlemmer i forening.

Address and production units

1 active production units

Fabriksvej 4
6973 Ørnhøj

Herning Municipality · Postcode 6973

Production units
Production unitAddressEmployeesP number
I-Wood Denmark ApSFabriksvej 4, 6973 Ørnhøj231021890738

Purpose

Virksomhedens formål er udvikling og salg af byggemateriel samt dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

48 registered events
20262 changesmanagement 1 · accounts 1
  • Brian Christensen appointed board member
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
202318 changesownership 12 · address 1 · accounts 1 · management 3 · industry 1
  • I-Wood Holding Denmark ApS registered as owner (100%)
  • LM HOLDING, GRØNBJERG ApS is no longer registered as owner
  • Mikkel Galsgaard Holding ApS is no longer registered as owner
  • CKO Holding, Holstebro ApS is no longer registered as owner
  • IDSeed ApS is no longer registered as owner
  • Moved to Fabriksvej 4, 6973 Ørnhøj
  • Annual report for 2022 published
  • Michael Lindal Overgaard appointed chair of the board
  • Lars Vestergaard Mortensen appointed board member
  • Lars Vestergaard Mortensen stepped down as chair of the board
  • LM HOLDING, GRØNBJERG ApS registered as owner (25%)
  • Mikkel Galsgaard Holding ApS registered as owner (25%)
  • CKO Holding, Holstebro ApS registered as owner (25%)
  • IDSeed ApS registered as owner (15%)
  • LM HOLDING, GRØNBJERG ApS is no longer registered as owner
  • Mikkel Galsgaard Holding ApS is no longer registered as owner
  • CKO Holding, Holstebro ApS is no longer registered as owner
  • Industry changed to Manufacture of veneer sheets and wood-based panels (162100)
20214 changesaccounts 1 · name 1 · management 2
  • Annual report for 2021 published
  • Name changed from I-Wood ApS to I-Wood Denmark ApS
  • Casper Krogh Olesen appointed director
  • Mikkel Kristensen Galsgaard stepped down as director
20204 changesaccounts 1 · capital 1 · industry 1 · address 1
  • Annual report for 2020 published
  • Share capital changed from 50,000 DKK to 90,000 DKK
  • Industry changed to Manufacture of builders' carpentry and joinery (162300)
  • Moved to Fabriksvej 4, 6973 Ørnhøj
201910 changesname 1 · management 4 · ownership 5
  • Name changed from GML Invest ApS to I-Wood ApS
  • Casper Krogh Olesen appointed board member
  • Lars Vestergaard Mortensen appointed chair of the board
  • Mikkel Kristensen Galsgaard appointed board member
  • Lars Vestergaard Mortensen stepped down as director
  • LM HOLDING, GRØNBJERG ApS registered as owner (33.33%)
  • Mikkel Galsgaard Holding ApS registered as owner (33.33%)
  • CKO Holding, Holstebro ApS registered as owner (33.33%)
  • LM HOLDING, GRØNBJERG ApS is no longer registered as owner
  • Mikkel Galsgaard Holding ApS is no longer registered as owner
20181 changeaddress 1
  • Moved to Fabriksvej 2, 6973 Ørnhøj
20171 changeindustry 1
  • Industry changed to Joinery installation (433200)
20166 changesstatus 1 · management 2 · ownership 2 · founded 1
  • Status changed to active
  • Mikkel Kristensen Galsgaard appointed director
  • Lars Vestergaard Mortensen appointed director
  • LM HOLDING, GRØNBJERG ApS registered as owner (50%)
  • Mikkel Galsgaard Holding ApS registered as owner (50%)
  • Registered as GML Invest ApS

Related companies

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See all →

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.

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