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Kingspan A/S

Public limited companyCVR 26065267StøvringActive

Kingspan A/S is a public limited company, based in Støvring, active in wholesale of wood, construction materials and sanitary equipment, founded in 2001.

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Key figures · financial year 2025

RevenueDKK 97.6m+7% vs. 2024
Net profitDKK 2.3m−2.3% vs. 2024
EquityDKK 28.3m+8.7% vs. 2024
Employees8latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 7% (2024 → 2025), to DKK 9.4m.
  • Revenue rose 7% (2024 → 2025), to DKK 97.6m.
  • Net profit fell 2% (2024 → 2025), to DKK 2.3m.
  • Equity rose 9% (2024 → 2025), to DKK 28.3m.

Employees

  • 3 fewer employees than a year earlier: 8 (08/2026) against 11 (08/2025).

Management and owners, last 24 months

  • New in management: David Kasik (chair of the board, 31/03/2025), Thomas Flynn (board member, 31/03/2025) and Michal Cervinka (board member, 31/03/2025) (+1).
  • Stepped down: David McMahon (chair of the board, 31/03/2025), David Kasik (board member, 30/03/2025) and Jitka Nemcova (board member, 31/03/2025) (+1).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Wholesale of wood, construction materials and sanitary equipment (468300)

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 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30m202020212022202320242025
EquityNet profit
Financial figures for Kingspan A/S
202020212022202320242025Change
Revenue91,614104,396142,41667,54591,27697,623+7%
Gross profit8,7007,76812,4319,29110,0809,392−6.8%
Operating profit (EBIT)1,8918692,9821,5382,7642,783+0.7%
Profit before tax1,6687462,8721,8293,1243,037−2.8%
Net profit1,2875792,1841,4632,4072,350−2.3%
Total assets27,98430,26530,33528,62231,42539,607+26%
Equity18,90419,69422,04123,55426,03828,315+8.7%
Liabilities9,08010,5558,2945,0685,38711,292+109.6%
Cash and cash equivalents17,0456,8008,94010,75412,6910−100%
Average number of employees88101110100%

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

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12m202020212022202320242025
Gross profitMedian, the industry (430 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 Kingspan A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202512/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202427/06/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202324/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202228/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202107/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202014/07/2021The 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
02468101209/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

430 companies in the database

Comparison with the other companies in wholesale of wood, construction materials and sanitary equipment based on the latest financial year.

Gross profitDKK 9.4mNo. 157 of 429
Better than 64% of the companies in the industry
EquityDKK 28.3mNo. 81 of 430
Better than 81% of the companies in the industry
Number of employees8No. 156 of 430
Better than 64% of the companies in the industry

Industry median: gross profit DKK 5.9m, net profit DKK 623k, equity DKK 6.3m, 7 employees.

DKK 100kDKK 1.2mDKK 13.3mDKK 152.6mDKK 778.2mHere
Distribution of gross profit for 416 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 fewer than 20 employees69,967 companies in the comparison
No. 5,351of 69,742
Better than 92%
No. 4,646of 69,964
Better than 93%
Same industry and fewer than 20 employees334 companies in the comparison
No. 70of 334
Better than 79%
No. 27of 334
Better than 92%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 6,266of 24,791
Better than 75%
No. 3,534of 24,909
Better than 86%
All companies of type A/S18,025 companies in the comparison
No. 9,262of 17,786
Better than 48%
No. 5,100of 18,024
Better than 72%

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 wood, construction materials and sanitary equipment
Gross profit
  1. Kingspan A/SDKK 9.4m
  2. Stark Danmark A/SDKK 1.8bn
  3. Bygma A/SDKK 1.4bn
Net profit
  1. Kingspan A/SDKK 2.3m
  2. Stark Danmark A/SDKK 238m
  3. Bygma A/SDKK 228m
Equity
  1. Kingspan A/SDKK 28.3m
  2. Stark Danmark A/SDKK 2bn
  3. Bygma A/SDKK 2.3bn
Employees
  1. Kingspan A/S8
  2. Stark Danmark A/S2,792
  3. Bygma A/S1,891

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
  • Kingspan GmbH100%
Kingspan A/S

Management

4 active registrations

Executive management

Executive management at Kingspan A/S
NameRoleAppointed
Sina SabziCEO30/09/2025

Board of directors

Board of directors at Kingspan A/S
NameRoleAppointed
David KasikChair of the board31/03/2025
Thomas FlynnBoard member31/03/2025
Michal CervinkaBoard member31/03/2025
Founders
Thyssen Krupp Stahl Bauelemente GMBH
Former management (23)
Former management at Kingspan A/S
NameRoleAppointedResigned
Richard OdgaardDirector17/05/200131/03/2009
Heinz-Dieter DarkowBoard member17/05/200115/07/2002
Hans MaurerBoard member17/05/200115/07/2002
DR Torsten SchlüterBoard member17/05/200125/04/2005
Peter Heinrich SeglerBoard member15/07/200208/02/2008
Jacques Alphonse Jules CasteleinChair of the board25/04/200508/02/2008
Martin KaiserBoard member25/04/200510/01/2007
Dorjee LeendertBoard member10/01/200708/02/2008
Horst Dieter SchulzBoard member08/02/200819/09/2012
Thomas PolonyiBoard member08/02/200819/09/2012
Volker SengerChair of the board08/02/200819/09/2012
Per Baumann RøddikCEO01/04/200903/12/2021
Thomas Alphonsus McGuinnessBoard member19/09/201218/12/2013
Peter James Cameron BulloughBoard member19/09/201218/12/2013
Gilbert McCarthyChair of the board19/09/201218/12/2013
Paul Francis O'GormanChair of the board18/12/201313/11/2017
Nigel Stuart CroftBoard member18/12/201313/11/2017
Christopher Garret CroweBoard member18/12/201301/04/2019
David McMahonChair of the board13/11/201731/03/2025
Bozena LeskovaBoard member13/11/201701/04/2019
David KasikBoard member01/04/201930/03/2025
Jitka NemcovaBoard member01/04/201931/03/2025
Allan Folmer ChristensenCEO03/12/202130/09/2025

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

Address and production units

1 active production units

Mercurvej 12A
9530 Støvring

Rebild Municipality · Postcode 9530

Production units
Production unitAddressEmployeesP number
KINGSPAN A/SMercurvej 12A, 9530 Støvring81008472005

Purpose

Selskabets formål er handel og dermed i forbindelse stående virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

69 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
202510 changesmanagement 8 · accounts 1 · industry 1
  • Sina Sabzi appointed ceo
  • Allan Folmer Christensen stepped down as ceo
  • Annual report for 2024 published
  • Michal Cervinka appointed board member
  • Thomas Flynn appointed board member
  • David Kasik appointed chair of the board
  • Jitka Nemcova stepped down as board member
  • David McMahon stepped down as chair of the board
  • David Kasik stepped down as board member
  • Industry changed to Wholesale of wood, construction materials and sanitary equipment (468300)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20213 changesmanagement 2 · accounts 1
  • Allan Folmer Christensen appointed ceo
  • Per Baumann Røddik stepped down as ceo
  • Annual report for 2020 published
20196 changesownership 2 · management 4
  • Kingspan GmbH registered as owner (100%)
  • Kingspan GmbH is no longer registered as owner
  • Jitka Nemcova appointed board member
  • David Kasik appointed board member
  • Bozena Leskova stepped down as board member
  • Christopher Garret Crowe stepped down as board member
20182 changescapital 1 · merger 1
  • Share capital changed from 500,000 DKK to 2,000,000 DKK
  • Merger registered in CVR
20174 changesmanagement 4
  • Bozena Leskova appointed board member
  • David McMahon appointed chair of the board
  • Nigel Stuart Croft stepped down as board member
  • Paul Francis O'Gorman stepped down as chair of the board
20141 changename 1
  • Name changed from HOESCH BYGGESYSTEM A/S to KINGSPAN A/S
20137 changesname 1 · management 6
  • Name changed from KINGSPAN A/S to HOESCH BYGGESYSTEM A/S
  • Nigel Stuart Croft appointed board member
  • Christopher Garret Crowe appointed board member
  • Paul Francis O'Gorman appointed chair of the board
  • Peter James Cameron Bullough stepped down as board member
  • Thomas Alphonsus McGuinness stepped down as board member
  • Gilbert McCarthy stepped down as chair of the board
20127 changesname 1 · management 6
  • Name changed from THYSSENKRUPP BYGGESYSTEM A/S to KINGSPAN A/S
  • Peter James Cameron Bullough appointed board member
  • Thomas Alphonsus McGuinness appointed board member
  • Gilbert McCarthy appointed chair of the board
  • Volker Senger stepped down as chair of the board
  • Thomas Polonyi stepped down as board member
  • Horst Dieter Schulz stepped down as board member
20092 changesmanagement 2
  • Per Baumann Røddik appointed ceo
  • Richard Odgaard stepped down as director
20086 changesmanagement 6
  • Volker Senger appointed chair of the board
  • Thomas Polonyi appointed board member
  • Horst Dieter Schulz appointed board member
  • Dorjee Leendert stepped down as board member
  • Jacques Alphonse Jules Castelein stepped down as chair of the board
  • Peter Heinrich Segler stepped down as board member
20073 changesmanagement 2 · address 1
  • Dorjee Leendert appointed board member
  • Martin Kaiser stepped down as board member
  • Moved to Mercurvej 12A, 9530 Støvring
20053 changesmanagement 3
  • Jacques Alphonse Jules Castelein appointed chair of the board
  • Martin Kaiser appointed board member
  • DR Torsten Schlüter stepped down as board member
20025 changesname 1 · management 3 · address 1
  • Name changed from THYSSEN HOESCH DANMARK A/S to THYSSENKRUPP BYGGESYSTEM A/S
  • Peter Heinrich Segler appointed board member
  • Heinz-Dieter Darkow stepped down as board member
  • Hans Maurer stepped down as board member
  • Moved to Mercurvej 12A, 9530 Støvring
20016 changesfounded 1 · management 4 · ownership 1
  • Registered as THYSSEN HOESCH DANMARK A/S
  • Heinz-Dieter Darkow appointed board member
  • DR Torsten Schlüter appointed board member
  • Hans Maurer appointed board member
  • Richard Odgaard appointed director
  • Kingspan GmbH registered as owner (100%)

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Same people in management

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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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVRReport a correction