Masterroll A/S

Public limited companyCVR 11764142HørningActive

Masterroll A/S is a public limited company, based in Hørning, active in manufacture of lifting and handling equipment, founded in 1987. The company went from a profit in 2024 to a loss of DKK 3,495 in 2025.

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Key figures · financial year 2025

Gross profitDKK 1.5m−1.6% vs. 2024
Net profit−DKK 3,495−102.1% vs. 2024
EquityDKK 1.9m−0.2% vs. 2024
Employees4latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 2% (2024 → 2025), to DKK 1.5m.
  • Net profit went from a profit of DKK 165k to a loss of DKK 3,495 (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 1m−DKK 500kDKK 0DKK 500kDKK 1mDKK 1.5mDKK 2m202020212022202320242025
EquityNet profit
Financial figures for Masterroll A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit1,2631,3008061,7031,5601,535−1.6%
Operating profit (EBIT)−100−117−5921738038−52.8%
Profit before tax−134−109−61715255−4−107.5%
Net profit−35−31−523181165−3−102.1%
Total assets4,9224,9784,4163,9944,3623,631−16.8%
Equity2,0742,0431,5211,7021,8671,863−0.2%
Liabilities2,8432,9282,8892,2882,4901,759−29.4%
Cash and cash equivalents2316089807215−73.3%
Average number of employees554345+25%

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 14m202020212022202320242025
Gross profitMedian, the industry (109 companies)

Annual reports

6 financial years
Annual reports for Masterroll A/S
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202528/03/2026The companyPDF not statedXBRL
202401/10/2023 – 30/09/202422/02/2025The companyPDF not statedXBRL
202301/10/2022 – 30/09/202328/02/2024The companyPDF not statedXBRL
202201/10/2021 – 30/09/202205/03/2023The companyPDF not statedXBRL
202101/10/2020 – 30/09/202101/03/2022The companyPDF not statedXBRL
202001/10/2019 – 30/09/202001/03/2021The companyPDF not statedXBRL

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
012345609/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

109 companies in the database

Comparison with the other companies in manufacture of lifting and handling equipment based on the latest financial year.

Gross profitDKK 1.5mNo. 100 of 109
Better than 8% of the companies in the industry
EquityDKK 1.9mNo. 95 of 109
Better than 13% of the companies in the industry
Number of employees4No. 90 of 109
Better than 18% of the companies in the industry

Industry median: gross profit DKK 13.2m, net profit DKK 1.4m, equity DKK 9.8m, 23 employees.

DKK 100kDKK 817kDKK 6.7mDKK 54.6mDKK 221.5mHere
Distribution of gross profit for 107 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. 36,433of 69,742
Better than 48%
No. 25,252of 69,964
Better than 64%
Same industry and fewer than 20 employees49 companies in the comparison
No. 41of 49
Better than 17%
No. 36of 49
Better than 27%
Companies that are at least 30 years old10,276 companies in the comparison
No. 7,707of 10,152
Better than 24%
No. 7,989of 10,275
Better than 22%
All companies of type A/S18,025 companies in the comparison
No. 15,119of 17,786
Better than 15%
No. 14,713of 18,024
Better than 18%

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 lifting and handling equipment
Gross profit
  1. Masterroll A/SDKK 1.5m
  2. V. Guldmann A/SDKK 446m
  3. Bila A/SDKK 433.3m
Net profit
  1. Masterroll A/S−DKK 3,495
  2. V. Guldmann A/SDKK 4.1m
  3. Bila A/SDKK 73.7m
Equity
  1. Masterroll A/SDKK 1.9m
  2. V. Guldmann A/SDKK 337.2m
  3. Bila A/SDKK 213m
Employees
  1. Masterroll A/S4
  2. V. Guldmann A/S201
  3. Bila A/S515

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
  • Cbi Holding ApS100%
Masterroll A/S

Management

4 active registrations

Executive management

Executive management at Masterroll A/S
NameRoleAppointed
Carsten Bak IversenDirector01/12/1987

Board of directors

Board of directors at Masterroll A/S
NameRoleAppointed
Carsten Bak IversenBoard member01/12/1987
Anders Ring ChristiansenChair of the board28/03/2019
Hans Peter TygesenBoard member15/02/2022
Founders
A/S Pse Nr. 1444
Former management (6)
Former management at Masterroll A/S
NameRoleAppointedResigned
Christian MorsingChair of the board01/12/198709/12/1996
Vagner Bak IversenChair of the board01/12/198718/02/2019
Susanne Saul StakemannDirector01/12/198725/03/1988
Niels Peder OpstrupBoard member01/12/198715/10/1993
Per Emil Hasselbalch StakemannBoard member01/12/198725/03/1988
Bjarne Bak IversenBoard member01/12/198715/02/2022

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

Address and production units

1 active production units

Århusvej 18
8362 Hørning

Skanderborg Municipality · Postcode 8362

Production units
Production unitAddressEmployeesP number
MASTERROLL A/SÅrhusvej 18, 8362 Hørning41010181867

Purpose

Selskabets formål er produktion af ruller og interne transport samt enhver anden aktivitet, der efter bestyrelsens skøn står i forbindelse hermed

The purpose is quoted from the register in Danish.

Changes year by year

34 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
20231 changeaccounts 1
  • Annual report for 2022 published
20223 changesaccounts 1 · management 2
  • Annual report for 2021 published
  • Hans Peter Tygesen appointed board member
  • Bjarne Bak Iversen stepped down as board member
20211 changeaccounts 1
  • Annual report for 2020 published
20192 changesmanagement 2
  • Anders Ring Christiansen appointed chair of the board
  • Vagner Bak Iversen stepped down as chair of the board
20151 changeownership 1
  • Carsten Bak Iversen is no longer registered as owner
20081 changeindustry 1
  • Industry changed to Manufacture of lifting and handling equipment (282200)
20071 changeaddress 1
  • Moved to Århusvej 18, 8362 Hørning
20051 changeownership 1
  • CBI HOLDING ApS registered as owner (100%)
20031 changeindustry 1
  • Industry changed to Fremstilling af båndtransportører og elevatorer (292210)
20001 changeindustry 1
  • Industry changed to Not stated (980000)
19962 changescapital 1 · management 1
  • Share capital changed from 300,000 DKK to 500,000 DKK
  • Christian Morsing stepped down as chair of the board
19931 changemanagement 1
  • Niels Peder Opstrup stepped down as board member
19911 changecapital 1
  • Share capital changed from 80,000 DKK to 300,000 DKK
19884 changesname 2 · management 2
  • Name changed from DANROLL ApS to MASTERROLL A/S
  • Name changed from ApS SMBK NR. 1482 to DANROLL ApS
  • Susanne Saul Stakemann stepped down as director
  • Per Emil Hasselbalch Stakemann stepped down as board member
198710 changesfounded 1 · management 8 · ownership 1
  • Registered as ApS SMBK NR. 1482
  • Susanne Saul Stakemann appointed director
  • Niels Peder Opstrup appointed board member
  • Per Emil Hasselbalch Stakemann appointed board member
  • Christian Morsing appointed chair of the board
  • Carsten Bak Iversen appointed board member
  • Carsten Bak Iversen appointed director
  • Bjarne Bak Iversen appointed board member
  • Vagner Bak Iversen appointed chair of the board
  • Carsten Bak Iversen registered as owner (100%)

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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.

View in CVRReport a correction