Indorama Ventures Hygiene Denmark A/S
Public limited companyCVR 33487819VardeActive
Indorama Ventures Hygiene Denmark A/S is a public limited company, based in Varde, active in manufacture of man-made fibres, founded in 1971. The company went from a profit in 2024 to a loss of DKK 36m in 2025. With 162 employees, the company is about 7 times larger than the industry median. Equity fell to DKK 153.6m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 3% (2024 → 2025), to DKK 21.1m.
- Revenue fell 11% (2024 → 2025), to DKK 632.1m.
- Net profit went from a profit of DKK 5.3m to a loss of DKK 36m (2024 → 2025).
- Equity fell 20% (2024 → 2025), to DKK 153.6m.
Employees
- 25 fewer employees than a year earlier: 162 (07/2026) against 187 (07/2025).
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 | 1,018,063 | 1,149,212 | 967,576 | 700,347 | 712,636 | 632,088 | −11.3% |
| Gross profit | 121,772 | 87,211 | 26,090 | 4,390 | 20,475 | 21,125 | +3.2% |
| Operating profit (EBIT) | 77,600 | 42,579 | −25,576 | −24,741 | −20,129 | −21,206 | −5.4% |
| Profit before tax | 72,323 | 59,083 | −3,394 | −37,017 | 4,392 | −43,589 | −1,092.5% |
| Net profit | 60,082 | 47,043 | −2,723 | −29,076 | 5,312 | −36,042 | −778.5% |
| Total assets | 688,445 | 693,361 | 663,428 | 629,181 | 601,075 | 357,375 | −40.5% |
| Equity | 273,368 | 269,098 | 266,500 | 232,912 | 192,602 | 153,637 | −20.2% |
| Liabilities | 337,455 | 346,569 | 321,151 | 327,376 | 340,960 | 143,292 | −58% |
| Cash and cash equivalents | 133,062 | 51,689 | 50,375 | 33,761 | 52,318 | 7,722 | −85.2% |
| Average number of employees | 317 | 327 | 303 | 280 | 265 | 239 | −9.8% |
Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; change is the latest year against the year before. “–” means the figure is not stated in the annual report.
Download the figures as CSV · free with an account, amounts in whole DKK
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 15/07/2026 | The group | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 11/07/2025 | The group | PDF not statedXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 20/06/2024 | The group | PDF not statedXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 07/06/2023 | The group | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 08/07/2022 | The group | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 24/06/2021 | The group | 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
3 companies in the databaseComparison with the other companies in manufacture of man-made fibres based on the latest financial year.
Industry median: gross profit DKK 8.1m, net profit −DKK 4.1m, equity DKK 106k, 23 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 50–199 employees4,467 companies in the comparison | No. 3,179of 4,412 Better than 28% | No. 445of 4,466 Better than 90% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 2,722of 10,152 Better than 73% | No. 938of 10,275 Better than 91% |
| All companies of type A/S18,025 companies in the comparison | No. 5,695of 17,786 Better than 68% | No. 1,715of 18,024 Better than 90% |
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 man-made fibres- Indorama Ventures Hygiene Denmark A/SDKK 21.1m
- Danish Fibres ApSDKK 8.1m
- Glyon ApSDKK 273k
- Indorama Ventures Hygiene Denmark A/S−DKK 36m
- Danish Fibres ApS−DKK 4.1m
- Glyon ApSDKK 90,908
- Indorama Ventures Hygiene Denmark A/SDKK 153.6m
- Danish Fibres ApS−DKK 6.8m
- Glyon ApSDKK 106k
- Indorama Ventures Hygiene Denmark A/S162
- Danish Fibres ApS29
- Glyon ApS2
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Indorama Ventures Hygiene Fibers Inc.66.67% · 100% votes
- Indorama Netherlands BV15% · 0% votes
Management
8 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Carsten Myllerup Madsen | CEO | 30/06/2015 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Jens Verner Sørensen | Board member | 01/01/2007 |
| Leif Stefan Hansen | Deputy board member | 31/05/2012 |
| Søren Tang Klint | Deputy board member | 31/05/2012 |
| Susanne Christiansen-Dahl | Board member | 31/05/2012 |
| Carsten Myllerup Madsen | Board member | 30/06/2015 |
| Manuel De Jesus Guerra | Board member | 01/06/2024 |
| Diego Boeri | Chair of the board | 01/06/2024 |
Former management (58)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Laust Ørum Madsen | Director | 26/08/1971 | 14/03/1988 |
| Anders Ulrik Schrøder | Deputy chair | 26/08/1971 | 20/04/1990 |
| Hans Guldberg Kjær | Board member | 26/08/1971 | 23/12/1988 |
| Peter Schloss | Board member | 26/08/1971 | 20/04/1989 |
| Peter Schloss | Director | 26/08/1971 | 23/12/1988 |
| Henning Jensen | Board member | 26/08/1971 | 14/11/1990 |
| Jørgen Leth | Deputy board member | 26/08/1971 | 14/11/1990 |
| Kaj Ambech Frænde Rasmussen | Deputy board member | 26/08/1971 | 17/01/1991 |
| Paul Erik Hansen | Board member | 26/08/1971 | 27/02/1989 |
| Ole Sommerfeldt Nedbo | Board member | 26/08/1971 | 17/01/1991 |
| Sten Nygaard Nielsen | Board member | 26/08/1971 | 28/05/1999 |
| Svend Erik Petersen | Deputy board member | 26/08/1971 | 06/01/1995 |
| Bent Ivan Jacobsen | Deputy board member | 26/08/1971 | 06/01/1995 |
| Harly Martin Christensen | Deputy board member | 26/08/1971 | 28/05/1999 |
| Kent Henningsen | Board member | 26/08/1971 | 28/05/1999 |
| Hans Laursen | Board member | 26/08/1971 | 28/05/1999 |
| Bent Børs Vabø | Director | 01/09/1995 | 15/12/1995 |
| Knud Andreas Frisenborg Marker | Board member | 15/12/1995 | 12/07/1996 |
| Knud Andreas Frisenborg Marker | Director | 15/12/1995 | 12/07/1996 |
| Taus Pors Jensen | Director | 12/07/1996 | 01/09/1996 |
| Poul Plougmann | CEO | 01/09/1996 | 23/07/1997 |
| Poul Plougmann | Board member | 26/11/1996 | 11/03/1997 |
| Eric Søe Rylberg | Chair of the board | 26/11/1996 | 11/03/1997 |
| Helge Hassel | Chair of the board | 11/03/1997 | 27/10/1997 |
| Poul Martin Mikkelsen | Deputy chair | 11/03/1997 | 27/10/1997 |
| John René Frederiksen | Board member | 11/03/1997 | 27/10/1997 |
| Bent Søren Østergaard Bansholt | Board member | 11/03/1997 | 27/10/1997 |
| Henrik Axel Juul Nordenlund | Deputy chair | 11/03/1997 | 11/03/1997 |
| Henrik Axel Juul Nordenlund | Director | 11/03/1997 | 27/10/1997 |
| Tommy Gundelund Jespersen | CEO | 23/07/1997 | 28/04/2000 |
| Christian Bertel Seidelin | Board member | 27/10/1997 | 16/04/1998 |
| Tommy Gundelund Jespersen | Board member | 27/10/1997 | 28/04/2000 |
| John Edward Montgomery | Chair of the board | 27/10/1997 | 16/04/1998 |
| Geoffrey Eugene Meyer | Board member | 27/10/1997 | 16/07/2014 |
| John P Murta | Chair of the board | 16/04/1998 | 31/05/2002 |
| Jerome P Hunter | Board member | 16/04/1998 | 28/04/2000 |
| Hans Erik Buchholdt Hansen | Board member | 28/05/1999 | 31/05/2012 |
| Arne Jensen | Deputy board member | 28/05/1999 | 31/12/2005 |
| Tom Krogh Pedersen | Board member | 28/05/1999 | 26/05/2004 |
| Flemming Karris Sørensen | Deputy board member | 28/05/1999 | 13/03/2006 |
| Johnny Christian Haahr | Board member | 28/04/2000 | 26/05/2004 |
| Johnny Christian Haahr | CEO | 28/04/2000 | 01/06/2004 |
| Craig A Rogerson | Chair of the board | 31/05/2002 | 26/05/2004 |
| Niels Kås Christensen | Board member | 26/05/2004 | 31/07/2007 |
| Henning Puggaard | Board member | 26/05/2004 | 31/12/2005 |
| Marco Cenisio | Chair of the board | 26/05/2004 | 01/06/2006 |
| Kristen Granhøj | CEO | 01/06/2004 | 01/06/2006 |
| Niels Kås Christensen | Sales director | 29/07/2004 | 31/07/2007 |
| Arne Bossen | Board member | 13/03/2006 | 01/01/2007 |
| Helle Vingolf | Director | 01/06/2006 | 30/06/2015 |
| Stephen Michael Wood | Chair of the board | 01/06/2006 | 30/11/2012 |
| Helle Vingolf | Board member | 28/01/2009 | 30/06/2015 |
| Gary Mark Spitz | Chair of the board | 30/11/2012 | 01/05/2014 |
| Tom Jeffrey Zaiser | Chair of the board | 01/05/2014 | 31/05/2024 |
| Matthew Stokes Morrison | Board member | 16/07/2014 | 10/11/2016 |
| Vivek Kaul | Board member | 10/11/2016 | 31/12/2017 |
| Shishir Vijay Pimplikar | Board member | 02/01/2018 | 09/07/2018 |
| Thomas Jude Brekovsky | Board member | 09/07/2018 | 03/05/2024 |
Signing rule: Selskabet tegnes af den administrerende direktør i forening med et bestyrelsesmedlem eller af den samlede bestyrelse i forening.
Address and production units
1 active production unitsEngdraget 22
6800 Varde
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Indorama Ventures Hygiene Denmark A/S | Engdraget 22, 6800 Varde | 160 | 1001705705 |
Purpose
Selskabets formål er fabrikation og handel samt hermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
133 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20245 changesaccounts 1 · management 4
- AccountsAnnual report for 2023 published
- ManagementDiego Boeri appointed chair of the board
- ManagementManuel De Jesus Guerra appointed board member
- ManagementTom Jeffrey Zaiser stepped down as chair of the board
- ManagementThomas Jude Brekovsky stepped down as board member
20232 changesname 1 · accounts 1
- NameName changed from FiberVisions A/S to Indorama Ventures Hygiene Denmark A/S
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20183 changesmanagement 3
- ManagementThomas Jude Brekovsky appointed board member
- ManagementShishir Vijay Pimplikar stepped down as board member
- ManagementShishir Vijay Pimplikar appointed board member
20171 changemanagement 1
- ManagementVivek Kaul stepped down as board member
20162 changesmanagement 2
- ManagementVivek Kaul appointed board member
- ManagementMatthew Stokes Morrison stepped down as board member
20154 changesmanagement 4
- ManagementCarsten Myllerup Madsen appointed ceo
- ManagementCarsten Myllerup Madsen appointed board member
- ManagementHelle Vingolf stepped down as board member
- ManagementHelle Vingolf stepped down as director
20145 changesname 1 · management 4
- NameName changed from FIBERVISIONS A/S to FiberVisions A/S
- ManagementMatthew Stokes Morrison appointed board member
- ManagementGeoffrey Eugene Meyer stepped down as board member
- ManagementTom Jeffrey Zaiser appointed chair of the board
- ManagementGary Mark Spitz stepped down as chair of the board
20134 changescapital 2 · ownership 2
- CapitalShare capital changed from 142,347,121 DKK to 152,067,041 DKK
- OwnershipIndorama Netherlands BV registered as owner (15%)
- CapitalShare capital changed from 132,937,111 DKK to 142,347,121 DKK
- OwnershipIndorama Ventures Hygiene Fibers Inc. registered as owner (66.67%)
20127 changesmanagement 6 · capital 1
- ManagementGary Mark Spitz appointed chair of the board
- ManagementStephen Michael Wood stepped down as chair of the board
- CapitalShare capital changed from 122,949,441 DKK to 132,937,111 DKK
- ManagementLeif Stefan Hansen appointed deputy board member
- ManagementSøren Tang Klint appointed deputy board member
- ManagementSusanne Christiansen-Dahl appointed board member
- ManagementHans Erik Buchholdt Hansen stepped down as board member
20092 changescapital 1 · management 1
- CapitalShare capital changed from 113,600,000 DKK to 122,949,441 DKK
- ManagementHelle Vingolf appointed board member
20081 changecapital 1
- CapitalShare capital changed from 65,300,000 DKK to 113,600,000 DKK
20074 changesmanagement 4
- ManagementNiels Kås Christensen stepped down as sales director
- ManagementNiels Kås Christensen stepped down as board member
- ManagementJens Verner Sørensen appointed board member
- ManagementArne Bossen stepped down as board member
20066 changesmanagement 6
- ManagementHelle Vingolf appointed director
- ManagementStephen Michael Wood appointed chair of the board
- ManagementKristen Granhøj stepped down as ceo
- ManagementMarco Cenisio stepped down as chair of the board
- ManagementArne Bossen appointed board member
- ManagementFlemming Karris Sørensen stepped down as deputy board member
20052 changesmanagement 2
- ManagementHenning Puggaard stepped down as board member
- ManagementArne Jensen stepped down as deputy board member
20049 changesmanagement 9
- ManagementNiels Kås Christensen appointed sales director
- ManagementKristen Granhøj appointed ceo
- ManagementJohnny Christian Haahr stepped down as ceo
- ManagementMarco Cenisio appointed chair of the board
- ManagementHenning Puggaard appointed board member
- ManagementNiels Kås Christensen appointed board member
- ManagementCraig A Rogerson stepped down as chair of the board
- ManagementJohnny Christian Haahr stepped down as board member
- ManagementTom Krogh Pedersen stepped down as board member
20022 changesmanagement 2
- ManagementCraig A Rogerson appointed chair of the board
- ManagementJohn P Murta stepped down as chair of the board
20005 changesmanagement 5
- ManagementJohnny Christian Haahr appointed ceo
- ManagementJohnny Christian Haahr appointed board member
- ManagementJerome P Hunter stepped down as board member
- ManagementTommy Gundelund Jespersen stepped down as board member
- ManagementTommy Gundelund Jespersen stepped down as ceo
19998 changesmanagement 8
- ManagementHans Erik Buchholdt Hansen appointed board member
- ManagementFlemming Karris Sørensen appointed deputy board member
- ManagementTom Krogh Pedersen appointed board member
- ManagementArne Jensen appointed deputy board member
- ManagementHans Laursen stepped down as board member
- ManagementKent Henningsen stepped down as board member
- ManagementHarly Martin Christensen stepped down as deputy board member
- ManagementSten Nygaard Nielsen stepped down as board member
19984 changesmanagement 4
- ManagementJohn P Murta appointed chair of the board
- ManagementJerome P Hunter appointed board member
- ManagementChristian Bertel Seidelin stepped down as board member
- ManagementJohn Edward Montgomery stepped down as chair of the board
199722 changesmanagement 20 · name 1 · capital 1
- ManagementGeoffrey Eugene Meyer appointed board member
- ManagementChristian Bertel Seidelin appointed board member
- ManagementTommy Gundelund Jespersen appointed board member
- ManagementJohn Edward Montgomery appointed chair of the board
- ManagementBent Søren Østergaard Bansholt stepped down as board member
- ManagementJohn René Frederiksen stepped down as board member
- ManagementPoul Martin Mikkelsen stepped down as deputy chair
- ManagementHelge Hassel stepped down as chair of the board
- ManagementHenrik Axel Juul Nordenlund stepped down as director
- NameName changed from DANAKLON A/S to FIBERVISIONS A/S
- ManagementTommy Gundelund Jespersen appointed ceo
- ManagementPoul Plougmann stepped down as ceo
- CapitalShare capital changed from 15,300,000 DKK to 65,300,000 DKK
- ManagementHenrik Axel Juul Nordenlund appointed deputy chair
- ManagementHenrik Axel Juul Nordenlund stepped down as deputy chair
- ManagementBent Søren Østergaard Bansholt appointed board member
- ManagementJohn René Frederiksen appointed board member
- ManagementPoul Martin Mikkelsen appointed deputy chair
- ManagementHelge Hassel appointed chair of the board
- ManagementHenrik Axel Juul Nordenlund appointed director
- ManagementEric Søe Rylberg stepped down as chair of the board
- ManagementPoul Plougmann stepped down as board member
19967 changesmanagement 7
- ManagementEric Søe Rylberg appointed chair of the board
- ManagementPoul Plougmann appointed board member
- ManagementPoul Plougmann appointed ceo
- ManagementTaus Pors Jensen stepped down as director
- ManagementTaus Pors Jensen appointed director
- ManagementKnud Andreas Frisenborg Marker stepped down as director
- ManagementKnud Andreas Frisenborg Marker stepped down as board member
19956 changesmanagement 6
- ManagementKnud Andreas Frisenborg Marker appointed director
- ManagementKnud Andreas Frisenborg Marker appointed board member
- ManagementBent Børs Vabø stepped down as director
- ManagementBent Børs Vabø appointed director
- ManagementBent Ivan Jacobsen stepped down as deputy board member
- ManagementSvend Erik Petersen stepped down as deputy board member
19922 changescapital 1 · merger 1
- CapitalShare capital changed from 15,000,000 DKK to 15,300,000 DKK
- MergerMerger registered in CVR
19911 changemanagement 1
- ManagementOle Sommerfeldt Nedbo stepped down as board member
19901 changemanagement 1
- ManagementAnders Ulrik Schrøder stepped down as deputy chair
19883 changesmanagement 2 · capital 1
- ManagementHans Guldberg Kjær stepped down as board member
- ManagementLaust Ørum Madsen stepped down as director
- CapitalShare capital changed from 6,000,000 DKK to 15,000,000 DKK
197111 changesfounded 1 · management 10
- FoundedRegistered as DANAKLON A/S
- ManagementHans Guldberg Kjær appointed board member
- ManagementLaust Ørum Madsen appointed director
- ManagementAnders Ulrik Schrøder appointed deputy chair
- ManagementHans Laursen appointed board member
- ManagementKent Henningsen appointed board member
- ManagementHarly Martin Christensen appointed deputy board member
- ManagementBent Ivan Jacobsen appointed deputy board member
- ManagementSvend Erik Petersen appointed deputy board member
- ManagementSten Nygaard Nielsen appointed board member
- ManagementOle Sommerfeldt Nedbo appointed board member
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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 23/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.