Masnedø Bulk Terminal A/S
Public limited companyCVR 39007258KalundborgActive
Masnedø Bulk Terminal A/S is a public limited company, based in Kalundborg, active in warehousing and storage, founded in 2017. Net profit rose 82% from 2024 to 2025, ending at DKK 1.4m. Gross profit is higher than that of 81% of the companies in the industry in the database. 7 people are registered in the company's management and ownership.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 2% (2024 → 2025), to DKK 17.5m.
- Net profit rose 82% (2024 → 2025), to DKK 1.4m.
- Equity rose 2% (2024 → 2025), to DKK 68m.
Management and owners, last 24 months
- New in management: Peter Kjær Jensen (chair of the board, 13/01/2026), Pia Brinkmann Madsen (board member, 13/01/2026) and Lars Holm Gude (board member, 13/01/2026) (+2).
- Stepped down: Torben Herman Christensen (board member, 28/04/2026), Mogens Steen Frederiksen (board member, 13/01/2026) and Bøje Schaumann Kjær (board member, 23/06/2025) (+2).
Registrations, last 24 months
- 26/08/2025: Moved to Sydhavnen 13, 4400 Kalundborg
- 01/01/2025: Industry changed to Warehousing and storage (521000)
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 | not stated | not stated | not stated | not stated | – |
| Gross profit | 18,070 | 17,605 | 15,699 | 15,493 | 17,175 | 17,481 | +1.8% |
| Operating profit (EBIT) | 4,268 | 4,963 | 2,749 | 2,799 | 4,274 | 4,743 | +11% |
| Profit before tax | 2,414 | 3,545 | 1,494 | 1,255 | 1,001 | 1,819 | +81.9% |
| Net profit | 1,882 | 2,764 | 1,165 | 980 | 780 | 1,419 | +81.9% |
| Total assets | 170,072 | 159,661 | 151,412 | 147,735 | 141,146 | 136,602 | −3.2% |
| Equity | 60,938 | 63,702 | 64,868 | 65,848 | 66,628 | 68,047 | +2.1% |
| Liabilities | 108,834 | 94,878 | 85,135 | 80,203 | 72,613 | 66,250 | −8.8% |
| Cash and cash equivalents | 879 | 471 | 1,367 | 3,624 | 6,632 | 11,398 | +71.9% |
| Average number of employees | 8 | 6 | – | 6 | 5 | 5 | 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, 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
Signals from the financial statements
calculated from the 2025 figuresProfit 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 30/03/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 15/04/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 29/04/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 27/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 22/03/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 20/05/2021 | 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
95 companies in the databaseComparison with the other companies in warehousing and storage based on the latest financial year.
Industry median: gross profit DKK 4m, net profit DKK 41,709, equity DKK 2.1m, 6 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. 1,883of 69,742 Better than 97% | No. 2,449of 69,964 Better than 97% |
| Same industry and fewer than 20 employees71 companies in the comparison | No. 3of 70 Better than 97% | No. 5of 71 Better than 94% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 2,377of 33,588 Better than 93% | No. 945of 33,687 Better than 97% |
| All companies of type A/S18,025 companies in the comparison | No. 6,554of 17,786 Better than 63% | No. 2,932of 18,024 Better than 84% |
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
Warehousing and storage- Masnedø Bulk Terminal A/SDKK 17.5m
- Constellation Cold Logistics Denmark A/SDKK 245.6m
- Lundsøe Køl & Frys A/SDKK 120m
- Masnedø Bulk Terminal A/SDKK 1.4m
- Constellation Cold Logistics Denmark A/SDKK 16.9m
- Lundsøe Køl & Frys A/S−DKK 28.5m
- Masnedø Bulk Terminal A/SDKK 68m
- Constellation Cold Logistics Denmark A/SDKK 201.1m
- Lundsøe Køl & Frys A/SDKK 242.9m
- Masnedø Bulk Terminal A/S5
- Constellation Cold Logistics Denmark A/S375
- Lundsøe Køl & Frys A/S189
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Dansk Landbrugs Grovvareselskab A.m.b.a.50%
- Kalundborg Holding A/S50%
Management
7 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Simon Christensen | Director | 06/10/2017 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Klaus Gjørtsvang Andersen | Board member | 06/10/2017 |
| Simon Christensen | Board member | 06/10/2017 |
| Peter Kjær Jensen | Chair of the board | 13/01/2026 |
| Pia Brinkmann Madsen | Board member | 13/01/2026 |
| Lars Holm Gude | Board member | 13/01/2026 |
| Morten Meyer Hoel | Board member | 28/04/2026 |
- Founders
- Dansk Landbrugs Grovvareselskab A.m.b.a., Masnedø Invest A/S
Former management (7)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Torben Herman Christensen | Board member | 06/10/2017 | 28/04/2026 |
| Mogens Steen Frederiksen | Board member | 06/10/2017 | 13/01/2026 |
| Vagn Balle Hundebøll | Board member | 06/10/2017 | 22/06/2023 |
| Knud Anders Rasmussen | Board member | 06/10/2017 | 10/04/2023 |
| Bøje Schaumann Kjær | Board member | 23/06/2023 | 23/06/2025 |
| Vagn Balle Hundebøll | Chair of the board | 23/06/2023 | 13/01/2026 |
| Peter Kjær Jensen | Board member | 23/06/2025 | 12/01/2026 |
Signing rule: Selskabet tegnes af den samlede bestyrelse eller af et bestyrelsesmedlem i forening med en direktør.
Address and production units
1 active production unitsSydhavnen 13
4400 Kalundborg
Kalundborg Municipality · Postcode 4400
Other companies at the address (1)
- Schultz Shipping A/SOther transportation support activities
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Masnedø Bulk Terminal A/S | Islandsvej 8, 4760 Vordingborg | 11 | 1024952726 |
Purpose
Selskabets formål er at drive virksomhed med at laste og losse skibe på Vordingborg Havn samt udlejning af lager- og tørringsfaciliteter og hermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
37 registered events20269 changesmanagement 8 · accounts 1
- ManagementMorten Meyer Hoel appointed board member
- ManagementTorben Herman Christensen stepped down as board member
- AccountsAnnual report for 2025 published
- ManagementPeter Kjær Jensen appointed chair of the board
- ManagementPia Brinkmann Madsen appointed board member
- ManagementLars Holm Gude appointed board member
- ManagementVagn Balle Hundebøll stepped down as chair of the board
- ManagementMogens Steen Frederiksen stepped down as board member
- ManagementPeter Kjær Jensen stepped down as board member
20255 changesaddress 1 · management 2 · accounts 1 · industry 1
- AddressMoved to Sydhavnen 13, 4400 Kalundborg
- ManagementPeter Kjær Jensen appointed board member
- ManagementBøje Schaumann Kjær stepped down as board member
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Warehousing and storage (521000)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20235 changesaccounts 1 · management 4
- AccountsAnnual report for 2022 published
- ManagementVagn Balle Hundebøll appointed chair of the board
- ManagementBøje Schaumann Kjær appointed board member
- ManagementVagn Balle Hundebøll stepped down as board member
- ManagementKnud Anders Rasmussen stepped down as board member
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20193 changesownership 2 · capital 1
- OwnershipKALUNDBORG HOLDING A/S registered as owner (50%)
- OwnershipMasnedø Invest A/S is no longer registered as owner
- CapitalShare capital changed from 5,000,000 DKK to 6,000,000 DKK
20182 changescapital 1 · address 1
- CapitalShare capital changed from 500,000 DKK to 5,000,000 DKK
- AddressMoved to Vestre Havneplads 2, 4400 Kalundborg
201710 changesfounded 1 · management 7 · ownership 2
- FoundedRegistered as Masnedø Bulk Terminal A/S
- ManagementKlaus Gjørtsvang Andersen appointed board member
- ManagementMogens Steen Frederiksen appointed board member
- ManagementVagn Balle Hundebøll appointed board member
- ManagementKnud Anders Rasmussen appointed board member
- ManagementTorben Herman Christensen appointed board member
- ManagementSimon Christensen appointed director
- ManagementSimon Christensen appointed board member
- OwnershipMasnedø Invest A/S registered as owner (50%)
- OwnershipDANSK LANDBRUGS GROVVARESELSKAB A.M.B.A. registered as owner (50%)
Related companies
Same people in management
- Post Danmark A/Svia Peter Kjær Jensen
- Dansk Landbrugs Grovvareselskab A.m.b.a.via Mogens Steen Frederiksen
- Aak Denmark A/Svia Pia Brinkmann Madsen
- DLG Service A/Svia Bøje Schaumann Kjær
- Fredericia Shipping A/Svia Klaus Gjørtsvang Andersen
- Lollands Bank A/Svia Knud Anders Rasmussen
Largest in the industry
- Constellation Cold Logistics Denmark A/SDKK 245.6m
- Lundsøe Køl & Frys A/SDKK 120m
- Rhenus Warehousing Solutions Denmark A/SDKK 112.7m
- Jutlandia Terminal A/SDKK 109m
- Shurgard Denmark ApSDKK 97.6m
- Danfoss Distribution Services A/SDKK 93.5m
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.