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Iq Metal A/S

Public limited companyCVR 42625728HasselagerActive

Iq Metal A/S is a public limited company, based in Hasselager, active in machining of metals, founded in 1977. The company made a loss in both 2024 and 2025, most recently DKK 19.7m. With 61 employees, the company is about 9 times larger than the industry median. Equity fell to DKK 22.2m in 2025.

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Key figures · financial year 2025

RevenueDKK 75.4m−78.2% vs. 2024
Net profit−DKK 19.7m−458.2% vs. 2024
EquityDKK 22.2m−48.1% vs. 2024
Employees61latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 77% (2024 → 2025), to DKK 12.4m.
  • Revenue fell 78% (2024 → 2025), to DKK 75.4m.
  • The loss grew: from DKK 3.5m to DKK 19.7m (2024 → 2025).
  • Equity fell 48% (2024 → 2025), to DKK 22.2m.

Management and owners, last 24 months

  • New in management: Bo Fischer Larsen (board member, 31/12/2024), Thomas Wulff Nørholm (ceo, 01/08/2026) and Jesper Zacher Nielsen (director, 22/08/2025) (+1).
  • Stepped down: Jacob Bøhme Christensen (ceo, 22/08/2025), Jesper Zacher Nielsen (director, 01/11/2025) and Anders Grum Kjærgaard (ceo, 01/08/2026).

Registrations, last 24 months

  • 16/06/2026: Share capital changed from 1,000,000 DKK to 16,000,000 DKK
  • 01/01/2025: Industry changed to Machining of metals (255300)
  • 02/12/2024: Moved to Birkemosevej 1, 8361 Hasselager

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 20mDKK 0DKK 20mDKK 40mDKK 60m202020212022202320242025
EquityNet profit
Financial figures for Iq Metal A/S
202020212022202320242025Change
Revenuenot statednot stated453,646379,699345,74075,416−78.2%
Gross profit34,70547,88859,17252,15353,48112,428−76.8%
Operating profit (EBIT)11,44923,51226,57721,1353,166−1,717−154.2%
Profit before tax10,00921,91122,59017,501−2,765−20,361−636.4%
Net profit7,78419,12919,40614,421−3,533−19,720−458.2%
Total assets144,652185,486179,657172,404174,06160,002−65.5%
Equity40,71953,25961,97858,55242,83822,228−48.1%
Liabilities103,933132,226117,679112,994129,95237,774−70.9%
Cash and cash equivalents5,0588,9966,8639,9016,87248−99.3%
Average number of employees22626631240140163−84.3%

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. Revenue is not stated for 2020, 2021: 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 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60m202020212022202320242025
Gross profitMedian, the industry (444 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 2 years in a row

    Net result has been negative in 2024–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Equity fell sharply

    Equity fell 48% from 2024 to 2025 (DKK 42.8m to DKK 22.2m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

  • Fewer employees

    The number of employees fell 84% from 401 in 2024 to 63 in 2025.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.

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 Iq Metal A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202525/06/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202404/07/2025The groupPDFXBRL
202301/01/2023 – 31/12/202321/03/2024The groupPDFXBRL
202201/10/2021 – 31/12/202227/03/2023The groupPDFXBRL
202101/10/2020 – 30/09/202120/12/2021The groupPDFXBRL
202001/10/2019 – 30/09/202015/12/2020The groupPDFXBRL

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
0102030405060708008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

444 companies in the database

Comparison with the other companies in machining of metals based on the latest financial year.

Gross profitDKK 12.4mNo. 97 of 444
Better than 78% of the companies in the industry
EquityDKK 22.2mNo. 32 of 444
Better than 93% of the companies in the industry
Number of employees61No. 19 of 444
Better than 96% of the companies in the industry

Industry median: gross profit DKK 4.9m, net profit DKK 423k, equity DKK 2.8m, 7 employees.

DKK 100kDKK 692kDKK 4.8mDKK 33.1mDKK 120.2mHere
Distribution of gross profit for 436 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
GroupGross profitEquity
Companies with 50–199 employees4,467 companies in the comparison
No. 3,661of 4,412
Better than 17%
No. 2,081of 4,466
Better than 53%
Same industry and 50–199 employees31 companies in the comparison
No. 30of 31
Better than 3%
No. 23of 31
Better than 27%
Companies that are at least 30 years old10,276 companies in the comparison
No. 3,736of 10,152
Better than 63%
No. 3,202of 10,275
Better than 69%
All companies of type A/S18,025 companies in the comparison
No. 8,020of 17,786
Better than 55%
No. 5,830of 18,024
Better than 68%

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

Machining of metals
Gross profit
  1. Iq Metal A/SDKK 12.4m
  2. Beritech A/SDKK 229m
  3. Hrs A/SDKK 131.9m
Net profit
  1. Iq Metal A/S−DKK 19.7m
  2. Beritech A/S−DKK 15.5m
  3. Hrs A/SDKK 19.7m
Equity
  1. Iq Metal A/SDKK 22.2m
  2. Beritech A/SDKK 107.9m
  3. Hrs A/SDKK 76.1m
Employees
  1. Iq Metal A/S61
  2. Beritech A/S258
  3. Hrs A/S152

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
  • IQ Metal Holding ApS100%
Iq Metal A/S

Management

5 active registrations

Executive management

Executive management at Iq Metal A/S
NameRoleAppointed
Thomas Wulff NørholmCEO01/08/2026

Board of directors

Board of directors at Iq Metal A/S
NameRoleAppointed
Carsten ThygesenBoard member08/04/2022
Lars Taarn PedersenBoard member08/04/2022
Thomas BechmannChair of the board08/04/2022
Bo Fischer LarsenBoard member31/12/2024
Former management (19)
Former management at Iq Metal A/S
NameRoleAppointedResigned
Stig Aage Farsø NielsenBoard member21/04/197710/10/2007
Claus BrændstrupBoard member21/04/197710/10/2007
Niels Ejnar BrændstrupBoard member21/04/197710/10/2007
Niels Ejnar BrændstrupDirector21/04/197701/03/2007
Kaj MogensenBoard member21/04/197714/04/1988
Laila Annelise BrændstrupBoard member21/04/197710/10/2007
Claus BrændstrupDirector09/08/200729/12/2009
Bo Fischer LarsenCEO09/08/200701/08/2024
Knud Erik Juul LarsenChair of the board10/10/200729/12/2009
Jesper Zacher NielsenBoard member10/10/200708/04/2022
Bo Fischer LarsenBoard member10/10/200708/04/2022
Jørgen FlodgaardChair of the board29/12/200928/11/2019
Ole Juul JørgensenBoard member23/12/201127/11/2019
Ole Juul JørgensenChair of the board28/11/201909/12/2020
Carsten ThygesenChair of the board10/12/202007/04/2022
Ole Juul JørgensenBoard member10/12/202008/04/2022
Jacob Bøhme ChristensenCEO01/08/202422/08/2025
Jesper Zacher NielsenDirector22/08/202501/11/2025
Anders Grum KjærgaardCEO01/11/202501/08/2026

Signing rule: Selskabet tegnes af en direktør sammen med bestyrelsesformanden eller af den samlede bestyrelse.

Address and production units

1 active production units

Birkemosevej 1
8361 Hasselager

Aarhus Municipality · Postcode 8361

Production units
Production unitAddressEmployeesP number
IQ METAL A/SBirkemosevej 1, 8361 Hasselager591001828189

Purpose

Selskabets formål er fabrikation og handel og anden dermed beslægtet virksomhed, samt enhver aktivitet der efter bestyrelsens skøn står i forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

63 registered events
20264 changesmanagement 2 · accounts 1 · capital 1
  • Thomas Wulff Nørholm appointed ceo
  • Anders Grum Kjærgaard stepped down as ceo
  • Annual report for 2025 published
  • Share capital changed from 1,000,000 DKK to 16,000,000 DKK
20256 changesmanagement 4 · accounts 1 · industry 1
  • Anders Grum Kjærgaard appointed ceo
  • Jesper Zacher Nielsen stepped down as director
  • Jesper Zacher Nielsen appointed director
  • Jacob Bøhme Christensen stepped down as ceo
  • Annual report for 2024 published
  • Industry changed to Machining of metals (255300)
20245 changesmanagement 3 · address 1 · accounts 1
  • Bo Fischer Larsen appointed board member
  • Moved to Birkemosevej 1, 8361 Hasselager
  • Jacob Bøhme Christensen appointed ceo
  • Bo Fischer Larsen stepped down as ceo
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
202210 changesmanagement 7 · ownership 3
  • Carsten Thygesen appointed board member
  • Lars Taarn Pedersen appointed board member
  • Thomas Bechmann appointed chair of the board
  • Ole Juul Jørgensen stepped down as board member
  • Bo Fischer Larsen stepped down as board member
  • Jesper Zacher Nielsen stepped down as board member
  • IQ Metal Holding ApS registered as owner (100%)
  • JZN HOLDING ApS is no longer registered as owner
  • BFL HOLDING ÅRHUS ApS is no longer registered as owner
  • Carsten Thygesen stepped down as chair of the board
20211 changeaccounts 1
  • Annual report for 2021 published
20204 changesaccounts 1 · management 3
  • Annual report for 2020 published
  • Carsten Thygesen appointed chair of the board
  • Ole Juul Jørgensen appointed board member
  • Ole Juul Jørgensen stepped down as chair of the board
20193 changesmanagement 3
  • Ole Juul Jørgensen appointed chair of the board
  • Jørgen Flodgaard stepped down as chair of the board
  • Ole Juul Jørgensen stepped down as board member
20112 changesmanagement 1 · name 1
  • Ole Juul Jørgensen appointed board member
  • Name changed from BRÆNDSTRUP A/S to IQ METAL A/S
20095 changesmanagement 3 · ownership 2
  • Jørgen Flodgaard appointed chair of the board
  • Knud Erik Juul Larsen stepped down as chair of the board
  • Claus Brændstrup stepped down as director
  • JZN HOLDING ApS registered as owner (20%)
  • BFL HOLDING ÅRHUS ApS registered as owner (66.67%)
20081 changeindustry 1
  • Industry changed to Manufacture of locks and hinges (256200)
200710 changesmanagement 10
  • Bo Fischer Larsen appointed board member
  • Jesper Zacher Nielsen appointed board member
  • Knud Erik Juul Larsen appointed chair of the board
  • Claus Brændstrup stepped down as board member
  • Laila Annelise Brændstrup stepped down as board member
  • Niels Ejnar Brændstrup stepped down as board member
  • Stig Aage Farsø Nielsen stepped down as board member
  • Claus Brændstrup appointed director
  • Bo Fischer Larsen appointed ceo
  • Niels Ejnar Brændstrup stepped down as director
20001 changename 1
  • Name changed from N. E. BRÆNDSTRUP A/S to BRÆNDSTRUP A/S
19941 changecapital 1
  • Share capital changed from 300,000 DKK to 1,000,000 DKK
19881 changemanagement 1
  • Kaj Mogensen stepped down as board member
19871 changecapital 1
  • Share capital changed from 220,000 DKK to 300,000 DKK
19777 changesfounded 1 · management 6
  • Registered as N. E. BRÆNDSTRUP A/S
  • Claus Brændstrup appointed board member
  • Laila Annelise Brændstrup appointed board member
  • Kaj Mogensen appointed board member
  • Niels Ejnar Brændstrup appointed director
  • Niels Ejnar Brændstrup appointed board member
  • Stig Aage Farsø Nielsen appointed board member

Related companies

Same industry in Aarhus

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Same people in management

Largest in the industry

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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 24/10/2026.

View in CVRReport a correction