IPS Denmark A/S

Public limited companyCVR 39640449PadborgActive

IPS Denmark A/S is a public limited company, based in Padborg, active in manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers, founded in 2018. Equity was negative at the end of 2025 (−DKK 11.8m). The company made a loss in both 2024 and 2025, most recently DKK 4.8m.

PDF report Compare

Key figures · financial year 2025

RevenueDKK 21.6m+96.5% vs. 2024

Net profit−DKK 4.8m−140.8% vs. 2024

Equity−DKK 11.8m−46.7% vs. 2024

Employees22latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit rose 39% (2024 → 2025), to DKK 7.8m.
Revenue rose 97% (2024 → 2025), to DKK 21.6m.
The loss grew: from DKK 2m to DKK 4.8m (2024 → 2025).

Employees

1 more employees than a year earlier: 22 (07/2026) against 21 (07/2025).

Management and owners, last 24 months

New in management: Jørn Heiersjø (chair of the board, 31/07/2026).
Stepped down: Christer Eriksen (chair of the board, 31/07/2026).

Registrations, last 24 months

05/10/2026: Moved to Thorsvej 11, Frøslev, 6330 Padborg
01/01/2025: Industry changed to Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers (292000)

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

EquityNet profit

Financial figures for IPS Denmark A/S
	2020	2021	2022	2023	2024	2025	Change
Revenue	3,840	3,577	4,047	7,459	10,985	21,588	+96.5%
Gross profit	1,693	1,350	1,851	4,735	5,656	7,839	+38.6%
Operating profit (EBIT)	−1,077	−1,176	−999	−345	−2,004	−3,796	−89.4%
Profit before tax	−1,100	−1,195	−1,032	−336	−1,991	–	–
Net profit	−1,100	−1,195	−1,032	−336	−1,991	−4,793	−140.8%
Total assets	3,859	4,097	5,155	6,683	7,864	12,355	+57.1%
Equity	−3,470	−4,665	−5,697	−6,033	−8,024	−11,773	−46.7%
Liabilities	7,328	8,762	10,852	12,716	15,887	24,129	+51.9%
Cash and cash equivalents	–	–	271	39	230	1,331	+479.2%
Average number of employees	6	8	8	–	12	19	+58.3%

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.

Download the figures as CSV · free with an account, amounts in whole DKK

Compare with the industry (40 companies)

Gross profitMedian, the industry (40 companies)

Signals from the financial statements

calculated from the 2025 figures

Negative equity
Equity was −DKK 11.8m at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
Loss for 6 years in a row
Net result has been negative in 2020–2025.
How is this calculated?
Net result is negative in the two or more 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 IPS Denmark A/S
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	02/10/2026	The company	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	30/06/2025	The company	PDF not statedXBRL
2023	01/01/2023 – 31/12/2023	21/06/2024	The company	PDF not statedXBRL
2022	01/01/2022 – 31/12/2022	16/05/2023	The company	PDF not statedXBRL
2021	01/01/2021 – 31/12/2021	09/06/2022	The company	PDF not statedXBRL
2020	01/01/2020 – 31/12/2020	20/05/2021	The company	PDF not statedXBRL

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

Employees

Position in the industry

40 companies in the database

Comparison with the other companies in manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers based on the latest financial year.

Gross profitDKK 7.8mNo. 18 of 40

Better than 56% of the companies in the industry

Equity−DKK 11.8mNo. 40 of 40

Better than 0% of the companies in the industry

Number of employees22No. 16 of 40

Better than 62% of the companies in the industry

Industry median: gross profit DKK 6.8m, net profit DKK 487k, equity DKK 5.6m, 12 employees.

Distribution of gross profit for 40 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
Group	Gross profit	Equity
Companies with 20–49 employees9,922 companies in the comparison	No. 6,559of 9,892 Better than 34%	No. 9,804of 9,922 Better than 1%
Companies that are between 5 and 14 years old33,688 companies in the comparison	No. 5,620of 33,588 Better than 83%	No. 33,397of 33,687 Better than 1%
All companies of type A/S18,025 companies in the comparison	No. 10,064of 17,786 Better than 43%	No. 17,813of 18,024 Better than 1%

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 bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers

Gross profit

IPS Denmark A/SDKK 7.8m
Maersk Container Industry A/SDKK 647.3m
VM Tarm A/SDKK 184.3m

Net profit

IPS Denmark A/S−DKK 4.8m
Maersk Container Industry A/SDKK 452.1m
VM Tarm A/SDKK 24.2m

Equity

IPS Denmark A/S−DKK 11.8m
Maersk Container Industry A/SDKK 778.5m
VM Tarm A/SDKK 62.3m

Employees

IPS Denmark A/S22
Maersk Container Industry A/S132
VM Tarm A/S320

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

IPS Nordic AS100%

IPS Denmark A/S

Management

4 active registrations

Executive management

Executive management at IPS Denmark A/S
Name	Role	Appointed
Per Kristian Karlsen	Director	14/06/2018

Board of directors

Board of directors at IPS Denmark A/S
Name	Role	Appointed
Per Kristian Karlsen	Board member	14/06/2018
Tove Nordahl Karlsen	Board member	21/02/2024
Jørn Heiersjø	Chair of the board	31/07/2026

Auditor: EY Godkendt Revisionspartnerselskab
Founders: IPS Gruppen AS

Former management (3)

Former management at IPS Denmark A/S
Name	Role	Appointed	Resigned
Christer Eriksen	Chair of the board	14/06/2018	31/07/2026
Pål Eriksen	Board member	14/06/2018	12/08/2019
Steen Bilet Rasmussen	Board member	12/08/2019	21/02/2024

Signing rule: Selskabet tegnes af en direktør alene, af bestyrelsesformanden alene, eller af den samlede bestyrelse.

Address and production units

1 active production units

Thorsvej 11
6330 Padborg

Aabenraa Municipality · Postcode 6330

Production units
Production unit	Address	Industry	Employees	P number
IPS Denmark A/S	Thorsvej 11, Frøslev, 6330 Padborg	Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers	23	1023699199

Purpose

Selskabets formål er at foretage opbygning samt service af hængere samt anden dermed efter bestyrelsens skøn beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

21 registered events

62018

22019

02020

12021

12022

12023

42024

22025

42026

20264 changesaddress 1 · accounts 1 · management 2

05/10AddressMoved to Thorsvej 11, Frøslev, 6330 Padborg
02/10AccountsAnnual report for 2025 published
31/07ManagementJørn Heiersjø appointed chair of the board
31/07ManagementChrister Eriksen stepped down as chair of the board

20252 changesaccounts 1 · industry 1

30/06AccountsAnnual report for 2024 published
01/01IndustryIndustry changed to Manufacture of bodies (coachwork) for motor vehicles; manufacture of trailers and semi-trailers (292000)

20244 changesaccounts 1 · name 1 · management 2

21/06AccountsAnnual report for 2023 published
21/02NameName changed from IPS Padborg A/S to IPS Denmark A/S
21/02ManagementTove Nordahl Karlsen appointed board member
21/02ManagementSteen Bilet Rasmussen stepped down as board member

20231 changeaccounts 1

16/05AccountsAnnual report for 2022 published

20221 changeaccounts 1

09/06AccountsAnnual report for 2021 published

20211 changeaccounts 1

20/05AccountsAnnual report for 2020 published

20192 changesmanagement 2

12/08ManagementSteen Bilet Rasmussen appointed board member
12/08ManagementPål Eriksen stepped down as board member

20186 changesfounded 1 · management 4 · ownership 1

14/06FoundedRegistered as IPS Padborg A/S
14/06ManagementPer Kristian Karlsen appointed board member
14/06ManagementPer Kristian Karlsen appointed director
14/06ManagementPål Eriksen appointed board member
14/06ManagementChrister Eriksen appointed chair of the board
14/06OwnershipIPS Nordic AS registered as owner (100%)

Related companies

Same industry in Aabenraa

Maersk Container Industry A/S132 employees
Hfr Trailer A/S29 employees
Alpa Cool ApS3 employees

See all →

Same people in management

Give Sværgods A/Svia Steen Bilet Rasmussen
Sigma Farvecenter Haderslev A/Svia Steen Bilet Rasmussen
Give Trailer Service ApSvia Steen Bilet Rasmussen
MF Hansen Holding ApSvia Steen Bilet Rasmussen

Largest in the industry

See all →

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.

View in CVR Report a correction