Kingspan Insulation ApS
Private limited companyCVR 35891803RoskildeActive
Kingspan Insulation ApS is a private limited company, based in Roskilde, active in agents in timber and building materials, founded in 2014. Equity was negative at the end of 2025 (−DKK 8.3m). Measured by gross profit, it ranks no. 6 of 35 companies in the industry in the database. The company made a loss in both 2024 and 2025, most recently DKK 13.1m.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 16% (2024 → 2025), to DKK 6.4m.
- Revenue fell 13% (2024 → 2025), to DKK 52.8m.
- The loss grew: from DKK 5m to DKK 13.1m (2024 → 2025).
- Equity turned negative: −DKK 8.3m (2024 → 2025).
Employees
- 4 fewer employees than a year earlier: 4 (07/2026) against 8 (07/2025).
Management and owners, last 24 months
- New in management: David Mc Mahon (director, 24/01/2025), Mark James Connor (director, 03/11/2025) and Michel Adriaan van der Helm (director, 03/11/2025) (+1).
- Stepped down: Patrick Alan Lawlor (director, 24/01/2025), Ian McAuliffe (director, 03/11/2025) and David Mark Macdonald (director, 24/01/2025) (+1).
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 | 71,530 | 67,582 | 60,591 | 52,751 | −12.9% |
| Gross profit | 8,599 | 12,044 | 5,686 | 8,392 | 7,601 | 6,373 | −16.2% |
| Operating profit (EBIT) | 3,639 | 7,949 | 389 | 1,128 | 1,458 | −1,659 | −213.8% |
| Profit before tax | 3,614 | 7,848 | 340 | 987 | −6,479 | −16,832 | −159.8% |
| Net profit | 2,815 | 6,128 | 245 | 728 | −5,016 | −13,130 | −161.8% |
| Total assets | 11,806 | 22,088 | 19,636 | 18,730 | 309,903 | 316,815 | +2.2% |
| Equity | 2,846 | 8,911 | 9,156 | 9,884 | 4,867 | −8,262 | −269.7% |
| Liabilities | 8,959 | 13,177 | 10,480 | 8,847 | 305,035 | 325,042 | +6.6% |
| Cash and cash equivalents | 4,672 | 0 | – | – | – | – | – |
| Average number of employees | 6 | 7 | 8 | 8 | 8 | 8 | 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: 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 figuresNegative equity
Equity was −DKK 8.3m at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
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.
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 | 01/01/2025 – 31/12/2025 | 08/07/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 10/07/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 28/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 05/07/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 09/08/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 20/07/2021 | 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
35 companies in the databaseComparison with the other companies in agents in timber and building materials based on the latest financial year.
Industry median: gross profit DKK 3.6m, net profit DKK 373k, equity DKK 2.1m, 4 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 9,884of 69,742 Better than 86% | No. 69,512of 69,964 Better than 1% |
| Same industry and fewer than 20 employees34 companies in the comparison | No. 5of 34 Better than 88% | No. 34of 34 Better than 0% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 6,934of 33,588 Better than 79% | No. 33,301of 33,687 Better than 1% |
| All companies of type ApS66,508 companies in the comparison | No. 10,626of 66,379 Better than 84% | No. 66,054of 66,505 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
Agents in timber and building materials- Kingspan Insulation ApSDKK 6.4m
- Pettinaroli A/S Northern EuropeDKK 17.5m
- Gerflor DLW Denmark A/SDKK 9.3m
- Kingspan Insulation ApS−DKK 13.1m
- Pettinaroli A/S Northern EuropeDKK 2.8m
- Gerflor DLW Denmark A/SDKK 343k
- Kingspan Insulation ApS−DKK 8.3m
- Pettinaroli A/S Northern EuropeDKK 10.1m
- Gerflor DLW Denmark A/SDKK 4.8m
- Kingspan Insulation ApS4
- Pettinaroli A/S Northern Europe20
- Gerflor DLW Denmark A/S12
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Kingspan Holdings (IRL) Limited100%
Management
3 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| David Mc Mahon | Director | 24/01/2025 |
| Mark James Connor | Director | 03/11/2025 |
| Michel Adriaan van der Helm | Director | 03/11/2025 |
- Founders
- Kingspan Holdings /IRL) Limited
Former management (11)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Johannes Antonius Joseph Jacobs | Director | 10/06/2014 | 18/06/2015 |
| David Mark MacDonald | Director | 10/06/2014 | 18/06/2015 |
| Peter Charles Wilson | Director | 18/06/2015 | 31/12/2020 |
| Patrick Alan Lawlor | Director | 18/06/2015 | 24/01/2025 |
| David Mark Macdonald | Director | 18/06/2015 | 01/03/2019 |
| Hendrik Johan Bassie | Director | 23/07/2018 | 01/04/2022 |
| Tuomo Johannes Riihonen | Director | 23/07/2018 | 21/03/2019 |
| Wilhelmus Johannes van Zonsbeek | Director | 01/03/2019 | 21/02/2024 |
| Ian McAuliffe | Director | 01/01/2021 | 03/11/2025 |
| David Mark Macdonald | Director | 01/04/2022 | 24/01/2025 |
| Terence McGivern | Director | 24/01/2025 | 03/11/2025 |
Signing rule: Selskabet tegnes af én direktør.
Address and production units
1 active production unitsLangebjergvænget 18
4000 Roskilde
Roskilde Municipality · Postcode 4000
Other companies at the address (1)
- Bong Danmark A/SWholesale of books, paper and stationery
| Production unit | Address | Employees | P number |
|---|---|---|---|
| KINGSPAN INSULATION ApS | Langebjergvænget 18, 4000 Roskilde | 6 | 1019484315 |
Purpose
Selskabets formål er at markedsføre og sælge byggemateriale samt anden virksomhed, der tår i forbindelse hermed.
The purpose is quoted from the register in Danish.
Changes year by year
36 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20259 changesmanagement 8 · accounts 1
- ManagementMichel Adriaan van der Helm appointed director
- ManagementMark James Connor appointed director
- ManagementTerence McGivern stepped down as director
- ManagementIan McAuliffe stepped down as director
- AccountsAnnual report for 2024 published
- ManagementDavid Mc Mahon appointed director
- ManagementTerence McGivern appointed director
- ManagementDavid Mark Macdonald stepped down as director
- ManagementPatrick Alan Lawlor stepped down as director
20242 changesaccounts 1 · management 1
- AccountsAnnual report for 2023 published
- ManagementWilhelmus Johannes van Zonsbeek stepped down as director
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20224 changesaddress 1 · accounts 1 · management 2
- AddressMoved to Langebjergvænget 18, 4000 Roskilde
- AccountsAnnual report for 2021 published
- ManagementDavid Mark Macdonald appointed director
- ManagementHendrik Johan Bassie stepped down as director
20212 changesaccounts 1 · management 1
- AccountsAnnual report for 2020 published
- ManagementIan McAuliffe appointed director
20201 changemanagement 1
- ManagementPeter Charles Wilson stepped down as director
20194 changesmanagement 3 · address 1
- ManagementTuomo Johannes Riihonen stepped down as director
- AddressMoved to Langebjergvænget 14, 4000 Roskilde
- ManagementWilhelmus Johannes van Zonsbeek appointed director
- ManagementDavid Mark Macdonald stepped down as director
20182 changesmanagement 2
- ManagementHendrik Johan Bassie appointed director
- ManagementTuomo Johannes Riihonen appointed director
20155 changesmanagement 5
- ManagementDavid Mark Macdonald appointed director
- ManagementPatrick Alan Lawlor appointed director
- ManagementPeter Charles Wilson appointed director
- ManagementJohannes Antonius Joseph Jacobs stepped down as director
- ManagementDavid Mark MacDonald stepped down as director
20145 changesindustry 1 · founded 1 · management 2 · ownership 1
- IndustryIndustry changed to Agents in timber and building materials (461300)
- FoundedRegistered as KINGSPAN INSULATION ApS
- ManagementJohannes Antonius Joseph Jacobs appointed director
- ManagementDavid Mark MacDonald appointed director
- OwnershipKingspan Holdings (IRL) Limited registered as owner (100%)
Related companies
Largest in the industry
- Pettinaroli A/S Northern EuropeDKK 17.5m
- Gerflor DLW Denmark A/SDKK 9.3m
- CLT Denmark A/SDKK 9.3m
- Troax Denmark A/SDKK 8.5m
- Egger Scandinavia ApSDKK 8.2m
- Fade Acoustic Ceilings Europe ApSDKK 6.1m
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.