Invacare A/S
Public limited companyCVR 18058936BrøndbyActive
Invacare A/S is a public limited company, based in Brøndby, active in wholesale of medical and hospital supplies, founded in 1994. Net profit rose 7% from 2024 to 2025, ending at DKK 4.5m. With 36 employees, the company is about 7 times larger than the industry median. Equity grew to DKK 17.9m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Net profit rose 7% (2024 → 2025), to DKK 4.5m.
- Equity rose 34% (2024 → 2025), to DKK 17.9m.
Employees
- 2 fewer employees than a year earlier: 36 (08/2026) against 38 (08/2025).
Management and owners, last 24 months
- New in management: Graham Ewart (board member, 05/05/2026), Graham Ewart (director, 05/05/2026) and Andrew Richard Hollyhead (chair of the board, 05/05/2026).
- Stepped down: Eric Kristian Steira (board member, 05/05/2026), Eric Kristian Steira (director, 05/05/2026) and Geoffrey Porter Purtill (chair of the board, 05/05/2026).
Registrations, last 24 months
- 20/02/2025: Moved to Søndre Ringvej 37, 2605 Brøndby
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 | 38,077 | 35,866 | 31,810 | 33,166 | 33,675 | 33,960 | +0.8% |
| Operating profit (EBIT) | 5,075 | 4,932 | 4,299 | 4,366 | 3,937 | 3,743 | −4.9% |
| Profit before tax | 6,343 | 6,197 | 6,200 | 7,655 | 5,519 | 5,798 | +5.1% |
| Net profit | 4,920 | 4,816 | 4,811 | 5,961 | 4,191 | 4,504 | +7.5% |
| Total assets | 174,824 | 108,293 | 65,222 | 66,702 | 64,199 | 73,770 | +14.9% |
| Equity | 60,014 | 64,831 | 24,642 | 30,603 | 13,350 | 17,854 | +33.7% |
| Liabilities | 114,810 | 43,462 | 40,580 | 36,099 | 50,849 | 55,916 | +10% |
| Cash and cash equivalents | 86,334 | 24,845 | 16,045 | 17,162 | 11,242 | 19,830 | +76.4% |
| Average number of employees | 47 | 44 | 43 | 38 | 38 | 38 | 0% |
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 | 01/12/2024 – 30/11/2025 | 27/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/12/2023 – 30/11/2024 | 22/04/2025 | The company | PDFXBRL |
| 2023 | 01/12/2022 – 30/11/2023 | 19/03/2024 | The company | PDFXBRL |
| 2022 | 01/12/2021 – 30/11/2022 | 15/06/2023 | The company | PDFXBRL |
| 2021 | 01/12/2020 – 30/11/2021 | 02/05/2022 | The company | PDFXBRL |
| 2020 | 01/12/2019 – 30/11/2020 | 29/04/2021 | 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
187 companies in the databaseComparison with the other companies in wholesale of medical and hospital supplies based on the latest financial year.
Industry median: gross profit DKK 5.8m, net profit DKK 1.2m, equity DKK 5.4m, 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. 1,046of 9,892 Better than 89% | No. 1,945of 9,922 Better than 80% |
| Same industry and 20–49 employees28 companies in the comparison | No. 11of 28 Better than 63% | No. 20of 28 Better than 30% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 1,959of 10,152 Better than 81% | No. 3,608of 10,275 Better than 65% |
| All companies of type A/S18,025 companies in the comparison | No. 4,001of 17,786 Better than 78% | No. 6,571of 18,024 Better than 64% |
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
Wholesale of medical and hospital supplies- Invacare A/SDKK 34m
- Orifarm Generics A/SDKK 399.8m
- 3shape Trios A/SDKK 203.5m
- Invacare A/SDKK 4.5m
- Orifarm Generics A/SDKK 77.2m
- 3shape Trios A/SDKK 58.4m
- Invacare A/SDKK 17.9m
- Orifarm Generics A/SDKK 496.3m
- 3shape Trios A/SDKK 121.7m
- Invacare A/S36
- Orifarm Generics A/S255
- 3shape Trios A/S56
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Invacare Holdings Two B.V.100%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Graham Ewart | Director | 05/05/2026 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Leif Erik Christensen | Board member | 01/05/2011 |
| Graham Ewart | Board member | 05/05/2026 |
| Andrew Richard Hollyhead | Chair of the board | 05/05/2026 |
- Auditor
- Grant Thornton, Godkendt Revisionspartnerselskab
- Founders
- Invacare Ec-høng A/S
Former management (25)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Henrik Skov Andersen | Board member | 23/09/1994 | 14/01/2000 |
| Lars Foghsgaard | Chair of the board | 23/09/1994 | 01/05/1999 |
| Knud Bøgh Christensen | Board member | 23/09/1994 | 30/04/1997 |
| Per Sten Lauritsen | CEO | 23/09/1994 | 04/04/2001 |
| Claus Morten Bøge | Director | 23/09/1994 | 31/07/1999 |
| Kenneth Myrthue Sørensen | Board member | 23/09/1994 | 14/01/2000 |
| Knud Foldschack | Board member | 23/09/1994 | 30/04/1997 |
| Per Sten Lauritsen | Board member | 14/01/2000 | 30/10/2001 |
| Roland Crouzet | Board member | 14/01/2000 | 04/04/2001 |
| Rob Gudbranson | Board member | 14/01/2000 | 19/11/2002 |
| Maurice Louis Tabickman | Chair of the board | 14/01/2000 | 30/10/2001 |
| Alison Jane Noon-Jones | Board member | 14/01/2000 | 04/04/2001 |
| Hans-Ingo Meny Warmbold | Board member | 30/10/2001 | 20/04/2004 |
| Kenneth Allan Sparrow | Chair of the board | 30/10/2001 | 09/11/2004 |
| James Arthur Lawson | Board member | 19/11/2002 | 03/06/2005 |
| Morten Gunvad | CEO | 20/04/2004 | 09/11/2004 |
| Eric Kristian Steira | Board member | 20/04/2004 | 05/05/2026 |
| Leif Erik Christensen | CEO | 09/11/2004 | 01/02/2005 |
| Franz Xaver Krammer | Chair of the board | 09/11/2004 | 30/04/2011 |
| Jens-Christian Voie-Andersen | CEO | 01/02/2005 | 31/12/2021 |
| Theodoros Vassiloudis | Board member | 03/06/2005 | 30/11/2017 |
| Philippe Jordi Gretz | Chair of the board | 30/11/2017 | 12/08/2021 |
| Hansjörg Reiner | Chair of the board | 12/08/2021 | 03/01/2023 |
| Eric Kristian Steira | Director | 01/01/2022 | 05/05/2026 |
| Geoffrey Porter Purtill | Chair of the board | 05/01/2023 | 05/05/2026 |
Signing rule: Selskabet tegnes af to bestyrelsesmedlemmer i forening eller af 1 bestyrelsesmedlem i forening med 1 direktør.
Address and production units
1 active production unitsSøndre Ringvej 37
2605 Brøndby
| Production unit | Address | Employees | P number |
|---|---|---|---|
| INVACARE A/S | Søndre Ringvej 37, 2605 Brøndby | 36 | 1001421549 |
Purpose
Selskabets formål er at drive virksomhed med handel og industri og at eje andele i andre selskaber samt hermed beslægtet virksomhed, herunder virksomhed med handel og agentur inden for medicinske og medicotekniske sektor.
The purpose is quoted from the register in Danish.
Changes year by year
68 registered events20267 changesaccounts 1 · management 6
- AccountsAnnual report for 2025 published
- ManagementAndrew Richard Hollyhead appointed chair of the board
- ManagementGraham Ewart appointed director
- ManagementGraham Ewart appointed board member
- ManagementGeoffrey Porter Purtill stepped down as chair of the board
- ManagementEric Kristian Steira stepped down as director
- ManagementEric Kristian Steira stepped down as board member
20252 changesaccounts 1 · address 1
- AccountsAnnual report for 2024 published
- AddressMoved to Søndre Ringvej 37, 2605 Brøndby
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20233 changesaccounts 1 · management 2
- AccountsAnnual report for 2022 published
- ManagementGeoffrey Porter Purtill appointed chair of the board
- ManagementHansjörg Reiner stepped down as chair of the board
20222 changesaccounts 1 · management 1
- AccountsAnnual report for 2021 published
- ManagementEric Kristian Steira appointed director
20214 changesmanagement 3 · accounts 1
- ManagementJens-Christian Voie-Andersen stepped down as ceo
- ManagementHansjörg Reiner appointed chair of the board
- ManagementPhilippe Jordi Gretz stepped down as chair of the board
- AccountsAnnual report for 2020 published
20202 changesownership 2
- OwnershipInvacare Holdings Two B.V. registered as owner (100%)
- OwnershipSCANDINAVIAN MOBILITY INTERNATIONAL ApS is no longer registered as owner
20172 changesmanagement 2
- ManagementPhilippe Jordi Gretz appointed chair of the board
- ManagementTheodoros Vassiloudis stepped down as board member
20161 changeaddress 1
- AddressMoved to Søndre Ringvej 37, 2605 Brøndby
20112 changesmanagement 2
- ManagementLeif Erik Christensen appointed board member
- ManagementFranz Xaver Krammer stepped down as chair of the board
20081 changeaddress 1
- AddressMoved to Søndre Ringvej 37, 2605 Brøndby
20054 changesmanagement 4
- ManagementTheodoros Vassiloudis appointed board member
- ManagementJames Arthur Lawson stepped down as board member
- ManagementJens-Christian Voie-Andersen appointed ceo
- ManagementLeif Erik Christensen stepped down as ceo
20047 changesmanagement 7
- ManagementFranz Xaver Krammer appointed chair of the board
- ManagementLeif Erik Christensen appointed ceo
- ManagementMorten Gunvad stepped down as ceo
- ManagementKenneth Allan Sparrow stepped down as chair of the board
- ManagementEric Kristian Steira appointed board member
- ManagementMorten Gunvad appointed ceo
- ManagementHans-Ingo Meny Warmbold stepped down as board member
20031 changeownership 1
- OwnershipSCANDINAVIAN MOBILITY INTERNATIONAL ApS registered as owner (100%)
20022 changesmanagement 2
- ManagementJames Arthur Lawson appointed board member
- ManagementRob Gudbranson stepped down as board member
20017 changesmanagement 7
- ManagementKenneth Allan Sparrow appointed chair of the board
- ManagementHans-Ingo Meny Warmbold appointed board member
- ManagementMaurice Louis Tabickman stepped down as chair of the board
- ManagementPer Sten Lauritsen stepped down as board member
- ManagementRoland Crouzet stepped down as board member
- ManagementAlison Jane Noon-Jones stepped down as board member
- ManagementPer Sten Lauritsen stepped down as ceo
20008 changesname 1 · management 7
- NameName changed from SCANDINAVIAN MOBILITY A/S to INVACARE A/S
- ManagementMaurice Louis Tabickman appointed chair of the board
- ManagementRob Gudbranson appointed board member
- ManagementRoland Crouzet appointed board member
- ManagementAlison Jane Noon-Jones appointed board member
- ManagementPer Sten Lauritsen appointed board member
- ManagementKenneth Myrthue Sørensen stepped down as board member
- ManagementHenrik Skov Andersen stepped down as board member
19992 changesmanagement 2
- ManagementClaus Morten Bøge stepped down as director
- ManagementLars Foghsgaard stepped down as chair of the board
19972 changesmanagement 2
- ManagementKnud Foldschack stepped down as board member
- ManagementKnud Bøgh Christensen stepped down as board member
19948 changesfounded 1 · management 7
- FoundedRegistered as SCANDINAVIAN MOBILITY A/S
- ManagementLars Foghsgaard appointed chair of the board
- ManagementKnud Foldschack appointed board member
- ManagementKenneth Myrthue Sørensen appointed board member
- ManagementClaus Morten Bøge appointed director
- ManagementPer Sten Lauritsen appointed ceo
- ManagementKnud Bøgh Christensen appointed board member
- ManagementHenrik Skov Andersen appointed board member
Related companies
Same people in management
- Activcare A/Svia Jens-Christian Voie-Andersen
- Gea Process Engineering A/Svia Per Sten Lauritsen
- Psykiatri Plus A/Svia Per Sten Lauritsen
- Heras Denmark A/Svia Knud Foldschack
- Carsoe ApSvia Per Sten Lauritsen
- Semler Mobility CH A/Svia Knud Foldschack
Largest in the industry
- Orifarm Generics A/SDKK 399.8m
- 3shape Trios A/SDKK 203.5m
- Medtronic Danmark A/SDKK 177.9m
- Plandent A/SDKK 172m
- Alcon Nordic A/SDKK 161m
- Siemens Healthcare A/SDKK 154.9m
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.