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Jo Hydraulics A/S

Public limited companyCVR 32946127SkanderborgActive

Jo Hydraulics A/S is a public limited company, based in Skanderborg, active in wholesale of other machinery and equipment, founded in 2010. Net profit rose 25% from 2024 to 2025, ending at DKK 2.7m. With 42 employees, the company is about 7 times larger than the industry median. Equity fell to DKK 11m in 2025.

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Key figures · financial year 2025

Gross profitDKK 18.8m+12.5% vs. 2024
Net profitDKK 2.7m+24.7% vs. 2024
EquityDKK 11m−23% vs. 2024
Employees42latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 12% (2024 → 2025), to DKK 18.8m.
  • Net profit rose 25% (2024 → 2025), to DKK 2.7m.
  • Equity fell 23% (2024 → 2025), to DKK 11m.

Employees

  • 7 more employees than a year earlier: 42 (08/2026) against 35 (08/2025).

Management and owners, last 24 months

  • New in management: Christian Boie Nordstrøm Mikkelsen (board member, 07/02/2025).
  • Stepped down: Lise-Lotte Firring Jensen (board member, 23/12/2024).

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 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14m202020212022202320242025
EquityNet profit
Financial figures for Jo Hydraulics A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit5,0357,76311,51211,67516,75218,841+12.5%
Profit before tax–––––3,498–
Net profit2,2043,5255,7925,0372,1802,719+24.7%
Total assets11,52918,67720,06727,45423,47622,751−3.1%
Equity5,7057,23010,02213,06014,24010,959−23%
Liabilities5,81111,44210,00414,2339,18911,766+28%
Cash and cash equivalents4442,6501141,149602112−81.4%
Average number of employees111316192426+8.3%

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. 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 10mDKK 12mDKK 14mDKK 16mDKK 18m202020212022202320242025
Gross profitMedian, the industry (1,000 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit 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
Annual reports for Jo Hydraulics A/S
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202507/12/2025The companyPDF not statedXBRL
202401/10/2023 – 30/09/202428/12/2024The companyPDFXBRL
202301/10/2022 – 30/09/202329/12/2023The companyPDFXBRL
202201/10/2021 – 30/09/202205/01/2023The companyPDFXBRL
202101/10/2020 – 30/09/202102/12/2021The companyPDFXBRL
202001/10/2019 – 30/09/202008/12/2020The 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
01020304009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

1,000 companies in the database

Comparison with the other companies in wholesale of other machinery and equipment based on the latest financial year.

Gross profitDKK 18.8mNo. 223 of 1,000
Better than 78% of the companies in the industry
EquityDKK 11mNo. 324 of 1,000
Better than 68% of the companies in the industry
Number of employees42No. 153 of 1,000
Better than 85% of the companies in the industry

Industry median: gross profit DKK 6m, net profit DKK 772k, equity DKK 4.8m, 6 employees.

DKK 100kDKK 961kDKK 9.2mDKK 88.8mDKK 401.7mHere
Distribution of gross profit for 957 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 20–49 employees9,922 companies in the comparison
No. 3,134of 9,892
Better than 68%
No. 2,878of 9,922
Better than 71%
Same industry and 20–49 employees159 companies in the comparison
No. 115of 159
Better than 28%
No. 116of 159
Better than 27%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 3,571of 24,791
Better than 86%
No. 6,364of 24,909
Better than 74%
All companies of type A/S18,025 companies in the comparison
No. 6,217of 17,786
Better than 65%
No. 8,400of 18,024
Better than 53%

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 other machinery and equipment
Gross profit
  1. Jo Hydraulics A/SDKK 18.8m
  2. HydraSpecma A/SDKK 854.1m
  3. Sanovo Technology A/SDKK 779.2m
Net profit
  1. Jo Hydraulics A/SDKK 2.7m
  2. HydraSpecma A/SDKK 142.1m
  3. Sanovo Technology A/SDKK 204.2m
Equity
  1. Jo Hydraulics A/SDKK 11m
  2. HydraSpecma A/SDKK 1.2bn
  3. Sanovo Technology A/SDKK 592.3m
Employees
  1. Jo Hydraulics A/S42
  2. HydraSpecma A/S365
  3. Sanovo Technology A/S216

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
  • Hersbo Holding ApS10% · 0% votes
  • Algren Philipp Holding ApS10% · 0% votes
  • Mads Svendsen Holding ApS50%
  • Algren Holding ApS20%
Jo Hydraulics A/S

Management

7 active registrations

Executive management

Executive management at Jo Hydraulics A/S
NameRoleAppointed
Sidsel Algren SvendsenCEO01/06/2020

Board of directors

Board of directors at Jo Hydraulics A/S
NameRoleAppointed
Jens Arne OvesenBoard member25/11/2013
Mads Algren SvendsenBoard member25/11/2013
Anders Almann Alstrup HersboBoard member09/08/2017
Sidsel Algren SvendsenBoard member09/08/2017
Kristel Esther Kristine LundgrenChair of the board09/10/2024
Christian Boie Nordstrøm MikkelsenBoard member07/02/2025
Founders
Jo Holding Solbjerg ApS
Former management (6)
Former management at Jo Hydraulics A/S
NameRoleAppointedResigned
Jens Arne OvesenCEO26/05/201031/05/2020
Kirsten Algren SvendsenChair of the board25/11/201330/04/2017
Jørgen LægaardChair of the board01/05/201709/10/2024
Kirsten Algren SvendsenBoard member01/05/201701/05/2017
Lars Egsvang RasmussenBoard member30/11/202309/10/2024
Lise-Lotte Firring JensenBoard member09/10/202423/12/2024

Signing rule: Virksomheden tegnes af den samlede bestyrelse, af to medlemmer af bestyrelsen eller af en direktør. 

Address and production units

1 active production units

Virringvej 74
8660 Skanderborg

Skanderborg Municipality · Postcode 8660

Production units
Production unitAddressEmployeesP number
JO HYDRAULICS A/SVirringvej 74, Virring, 8660 Skanderborg421016096640

Purpose

Selskabets formål er at varetage forhandling af hydrauliske produkter og lignende produkter samt varetage beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

43 registered events
20252 changesaccounts 1 · management 1
  • Annual report for 2025 published
  • Christian Boie Nordstrøm Mikkelsen appointed board member
20246 changesaccounts 1 · management 5
  • Annual report for 2024 published
  • Lise-Lotte Firring Jensen stepped down as board member
  • Lise-Lotte Firring Jensen appointed board member
  • Kristel Esther Kristine Lundgren appointed chair of the board
  • Lars Egsvang Rasmussen stepped down as board member
  • Jørgen Lægaard stepped down as chair of the board
20235 changesaccounts 2 · management 1 · address 2
  • Annual report for 2023 published
  • Lars Egsvang Rasmussen appointed board member
  • Moved to Virringvej 74, Virring, 8660 Skanderborg
  • Moved to Virringvej 74, Virring, 8660 Skanderborg
  • Annual report for 2022 published
20225 changesaddress 1 · ownership 4
  • Moved to Virringvej 74, Virring, 8660 Skanderborg
  • Algren Holding ApS registered as owner (20%)
  • MADS SVENDSEN HOLDING ApS registered as owner (50%)
  • JO HOLDING SOLBJERG ApS is no longer registered as owner
  • MADS SVENDSEN HOLDING ApS is no longer registered as owner
20211 changeaccounts 1
  • Annual report for 2021 published
20203 changesaccounts 1 · management 2
  • Annual report for 2020 published
  • Sidsel Algren Svendsen appointed ceo
  • Jens Arne Ovesen stepped down as ceo
20176 changesmanagement 6
  • Anders Almann Alstrup Hersbo appointed board member
  • Sidsel Algren Svendsen appointed board member
  • Jørgen Lægaard appointed chair of the board
  • Kirsten Algren Svendsen appointed board member
  • Kirsten Algren Svendsen stepped down as board member
  • Kirsten Algren Svendsen stepped down as chair of the board
20161 changeindustry 1
  • Industry changed to Engroshandel med andre maskiner og andet udstyr (466900)
20154 changesownership 4
  • Algren Philipp Holding ApS registered as owner (10%)
  • JO HOLDING SOLBJERG ApS registered as owner (25%)
  • JO HOLDING SOLBJERG ApS is no longer registered as owner
  • HERSBO HOLDING ApS registered as owner (10%)
20135 changesname 1 · capital 1 · management 3
  • Name changed from JO HYDRAULICS ApS to JO HYDRAULICS A/S
  • Share capital changed from 230,000 DKK to 506,000 DKK
  • Jens Arne Ovesen appointed board member
  • Kirsten Algren Svendsen appointed chair of the board
  • Mads Algren Svendsen appointed board member
20105 changesownership 2 · industry 1 · founded 1 · management 1
  • JO HOLDING SOLBJERG ApS registered as owner (50%)
  • MADS SVENDSEN HOLDING ApS registered as owner (33.33%)
  • Industry changed to Agents in machinery, industrial equipment, ships and aircraft (461400)
  • Registered as JO HYDRAULICS ApS
  • Jens Arne Ovesen appointed ceo

Related companies

Same industry in Skanderborg

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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