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Korsør Propeller A/S

Public limited companyCVR 28785410KorsørActive

Korsør Propeller A/S is a public limited company, based in Korsør, active in manufacture of other fabricated metal products n.e.c., founded in 1970. Equity was negative at the end of 2025 (−DKK 98,786). The company went from a profit in 2024 to a loss of DKK 1.4m in 2025. The company has existed for over 50 years.

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Key figures · financial year 2025

Gross profitDKK 2.4m−49.6% vs. 2024
Net profit−DKK 1.4m−403.3% vs. 2024
Equity−DKK 98,786−106.2% vs. 2024
Employees9latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 50% (2024 → 2025), to DKK 2.4m.
  • Net profit went from a profit of DKK 459k to a loss of DKK 1.4m (2024 → 2025).
  • Equity turned negative: −DKK 98,786 (2024 → 2025).

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 1.5m−DKK 1m−DKK 500kDKK 0DKK 500kDKK 1mDKK 1.5mDKK 2mDKK 2.5m202020212022202320242025
EquityNet profit
Financial figures for Korsør Propeller A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit5,7444,6895,7413,6854,7042,372−49.6%
Operating profit (EBIT)93121,157−332649−1,305−301.1%
Profit before tax828−951,053−377577−1,383−339.6%
Net profit633−93904−295459−1,392−403.3%
Total assets6,9094,9724,5404,2964,5863,238−29.4%
Equity2,4258321,7361,1341,593−99−106.2%
Liabilities4,3844,0602,8043,1622,9933,337+11.5%
Cash and cash equivalents1,3531612121120266+121.6%
Average number of employees––––76−14.3%

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 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6mDKK 7m202020212022202320242025
Gross profitMedian, the industry (220 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Negative equity

    Equity was −DKK 98,786 at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

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 Korsør Propeller A/S
Financial yearPeriodPublishedFigures forDocuments
202501/11/2024 – 31/10/202530/04/2026The companyPDF not statedXBRL
202401/11/2023 – 31/10/202420/01/2025The companyPDFXBRL
202301/11/2022 – 31/10/202330/01/2024The companyPDFXBRL
202201/11/2021 – 31/10/202203/01/2023The companyPDFXBRL
202101/11/2020 – 31/10/202112/01/2022The companyPDFXBRL
202001/11/2019 – 31/10/202005/01/2021The 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

220 companies in the database

Comparison with the other companies in manufacture of other fabricated metal products n.e.c. based on the latest financial year.

Gross profitDKK 2.4mNo. 173 of 220
Better than 21% of the companies in the industry
Equity−DKK 98,786No. 211 of 220
Better than 4% of the companies in the industry
Number of employees9No. 149 of 220
Better than 32% of the companies in the industry

Industry median: gross profit DKK 7.1m, net profit DKK 696k, equity DKK 4.5m, 10 employees.

DKK 318kDKK 1.9mDKK 11mDKK 64.9mDKK 211.7mHere
Distribution of gross profit for 216 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. 27,404of 69,742
Better than 61%
No. 62,326of 69,964
Better than 11%
Same industry and fewer than 20 employees141 companies in the comparison
No. 96of 141
Better than 32%
No. 133of 141
Better than 6%
Companies that are at least 30 years old10,276 companies in the comparison
No. 7,033of 10,152
Better than 31%
No. 9,921of 10,275
Better than 3%
All companies of type A/S18,025 companies in the comparison
No. 14,275of 17,786
Better than 20%
No. 17,184of 18,024
Better than 5%

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 other fabricated metal products n.e.c.
Gross profit
  1. Korsør Propeller A/SDKK 2.4m
  2. Mekoprint A/SDKK 382.3m
  3. A/S Løgstrup SteelDKK 245.8m
Net profit
  1. Korsør Propeller A/S−DKK 1.4m
  2. Mekoprint A/S−DKK 7.4m
  3. A/S Løgstrup SteelDKK 102.3m
Equity
  1. Korsør Propeller A/S−DKK 98,786
  2. Mekoprint A/SDKK 194.8m
  3. A/S Løgstrup SteelDKK 422m
Employees
  1. Korsør Propeller A/S9
  2. Mekoprint A/S457
  3. A/S Løgstrup Steel272

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
  • Søvang Enterprise Holding ApS100%
Korsør Propeller A/S

Management

4 active registrations

Executive management

Executive management at Korsør Propeller A/S
NameRoleAppointed
Ole Hans PedersenDirector29/06/1970

Board of directors

Board of directors at Korsør Propeller A/S
NameRoleAppointed
Pia SøvangChair of the board14/12/1998
Ole Hans PedersenBoard member14/12/1998
Mark SøvangBoard member08/05/2019
Former management (6)
Former management at Korsør Propeller A/S
NameRoleAppointedResigned
Birgit Søvang PetersenBoard member29/06/197019/10/1989
Kaj Søvang ChristiansenBoard member29/06/197028/10/1998
Kaj Søvang ChristiansenDirector29/06/197019/10/1989
Birgit ChristiansenBoard member29/06/197008/05/2019
Pia SøvangDirector29/06/197007/05/1992
Anders Frimodt-MøllerBoard member29/06/197019/12/1997

Signing rule: Selskabet tegnes foruden af den samlede bestyrelse tillige af 2 bestyrelsesmedlemmer i forening eller af direktøren alene

Address and production units

1 active production units

Norvangen 12
4220 Korsør

Slagelse Municipality · Postcode 4220

Production units
Production unitAddressEmployeesP number
KORSØR PROPELLER A/SNorvangen 12, 4220 Korsør91001636344

Purpose

Selskabets formål er at drive fabrikation og handel

The purpose is quoted from the register in Danish.

Changes year by year

36 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20234 changesownership 3 · accounts 1
  • SØVANG ENTERPRISE HOLDING ApS registered as owner (100%)
  • Martin Dyrlund Jacobsen is no longer registered as owner
  • SØVANG ENTERPRISE HOLDING ApS is no longer registered as owner
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20192 changesmanagement 2
  • Mark Søvang appointed board member
  • Birgit Christiansen stepped down as board member
20153 changesownership 3
  • Martin Dyrlund Jacobsen registered as owner (10%)
  • SØVANG ENTERPRISE HOLDING ApS registered as owner (90%)
  • SØVANG ENTERPRISE HOLDING ApS is no longer registered as owner
20084 changesaddress 2 · ownership 1 · industry 1
  • Moved to Norvangen 12, 4220 Korsør
  • Moved to Rådhuspladsen 11, 4200 Slagelse
  • SØVANG ENTERPRISE HOLDING ApS registered as owner (100%)
  • Industry changed to Manufacture of other fabricated metal products n.e.c. (259900)
20071 changeaddress 1
  • Moved to Norvangen 12, 4220 Korsør
20021 changename 1
  • Name changed from KORSØR MOTOR- & PROPELLERFABRIK A/S to KORSØR PROPELLER A/S
19983 changesmanagement 3
  • Pia Søvang appointed chair of the board
  • Ole Hans Pedersen appointed board member
  • Kaj Søvang Christiansen stepped down as board member
19971 changemanagement 1
  • Anders Frimodt-Møller stepped down as board member
19961 changecapital 1
  • Share capital changed from 300,000 DKK to 600,000 DKK
19921 changemanagement 1
  • Pia Søvang stepped down as director
19892 changesmanagement 2
  • Birgit Søvang Petersen stepped down as board member
  • Kaj Søvang Christiansen stepped down as director
19708 changesfounded 1 · management 7
  • Registered as KORSØR MOTOR- & PROPELLERFABRIK A/S
  • Birgit Christiansen appointed board member
  • Pia Søvang appointed director
  • Birgit Søvang Petersen appointed board member
  • Ole Hans Pedersen appointed director
  • Anders Frimodt-Møller appointed board member
  • Kaj Søvang Christiansen appointed board member
  • Kaj Søvang Christiansen appointed director

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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.

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