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.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 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 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 | 1,263 | 1,300 | 806 | 1,703 | 1,560 | 1,535 | −1.6% |
| Operating profit (EBIT) | −100 | −117 | −592 | 173 | 80 | 38 | −52.8% |
| Profit before tax | −134 | −109 | −617 | 152 | 55 | −4 | −107.5% |
| Net profit | −35 | −31 | −523 | 181 | 165 | −3 | −102.1% |
| Total assets | 4,922 | 4,978 | 4,416 | 3,994 | 4,362 | 3,631 | −16.8% |
| Equity | 2,074 | 2,043 | 1,521 | 1,702 | 1,867 | 1,863 | −0.2% |
| Liabilities | 2,843 | 2,928 | 2,889 | 2,288 | 2,490 | 1,759 | −29.4% |
| Cash and cash equivalents | 231 | 60 | 8 | 9 | 807 | 215 | −73.3% |
| Average number of employees | 5 | 5 | 4 | 3 | 4 | 5 | +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
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/10/2024 – 30/09/2025 | 28/03/2026 | The company | PDF not statedXBRL |
| 2024 | 01/10/2023 – 30/09/2024 | 22/02/2025 | The company | PDF not statedXBRL |
| 2023 | 01/10/2022 – 30/09/2023 | 28/02/2024 | The company | PDF not statedXBRL |
| 2022 | 01/10/2021 – 30/09/2022 | 05/03/2023 | The company | PDF not statedXBRL |
| 2021 | 01/10/2020 – 30/09/2021 | 01/03/2022 | The company | PDF not statedXBRL |
| 2020 | 01/10/2019 – 30/09/2020 | 01/03/2021 | The company | PDF 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 CVRPosition in the industry
109 companies in the databaseComparison with the other companies in manufacture of lifting and handling equipment based on the latest financial year.
Industry median: gross profit DKK 13.2m, net profit DKK 1.4m, equity DKK 9.8m, 23 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. 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- Masterroll A/SDKK 1.5m
- V. Guldmann A/SDKK 446m
- Bila A/SDKK 433.3m
- Masterroll A/S−DKK 3,495
- V. Guldmann A/SDKK 4.1m
- Bila A/SDKK 73.7m
- Masterroll A/SDKK 1.9m
- V. Guldmann A/SDKK 337.2m
- Bila A/SDKK 213m
- Masterroll A/S4
- V. Guldmann A/S201
- 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- Cbi Holding ApS100%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Carsten Bak Iversen | Director | 01/12/1987 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Carsten Bak Iversen | Board member | 01/12/1987 |
| Anders Ring Christiansen | Chair of the board | 28/03/2019 |
| Hans Peter Tygesen | Board member | 15/02/2022 |
- Founders
- A/S Pse Nr. 1444
Former management (6)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Christian Morsing | Chair of the board | 01/12/1987 | 09/12/1996 |
| Vagner Bak Iversen | Chair of the board | 01/12/1987 | 18/02/2019 |
| Susanne Saul Stakemann | Director | 01/12/1987 | 25/03/1988 |
| Niels Peder Opstrup | Board member | 01/12/1987 | 15/10/1993 |
| Per Emil Hasselbalch Stakemann | Board member | 01/12/1987 | 25/03/1988 |
| Bjarne Bak Iversen | Board member | 01/12/1987 | 15/02/2022 |
Signing rule: Selskabet tegnes af en direktør eller af den samlede bestyrelse
Address and production units
1 active production unitsÅrhusvej 18
8362 Hørning
| Production unit | Address | Employees | P number |
|---|---|---|---|
| MASTERROLL A/S | Århusvej 18, 8362 Hørning | 4 | 1010181867 |
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 events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20223 changesaccounts 1 · management 2
- AccountsAnnual report for 2021 published
- ManagementHans Peter Tygesen appointed board member
- ManagementBjarne Bak Iversen stepped down as board member
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20192 changesmanagement 2
- ManagementAnders Ring Christiansen appointed chair of the board
- ManagementVagner Bak Iversen stepped down as chair of the board
20151 changeownership 1
- OwnershipCarsten Bak Iversen is no longer registered as owner
20081 changeindustry 1
- IndustryIndustry changed to Manufacture of lifting and handling equipment (282200)
20071 changeaddress 1
- AddressMoved to Århusvej 18, 8362 Hørning
20051 changeownership 1
- OwnershipCBI HOLDING ApS registered as owner (100%)
20031 changeindustry 1
- IndustryIndustry changed to Fremstilling af båndtransportører og elevatorer (292210)
20001 changeindustry 1
- IndustryIndustry changed to Not stated (980000)
19962 changescapital 1 · management 1
- CapitalShare capital changed from 300,000 DKK to 500,000 DKK
- ManagementChristian Morsing stepped down as chair of the board
19931 changemanagement 1
- ManagementNiels Peder Opstrup stepped down as board member
19911 changecapital 1
- CapitalShare capital changed from 80,000 DKK to 300,000 DKK
19884 changesname 2 · management 2
- NameName changed from DANROLL ApS to MASTERROLL A/S
- NameName changed from ApS SMBK NR. 1482 to DANROLL ApS
- ManagementSusanne Saul Stakemann stepped down as director
- ManagementPer Emil Hasselbalch Stakemann stepped down as board member
198710 changesfounded 1 · management 8 · ownership 1
- FoundedRegistered as ApS SMBK NR. 1482
- ManagementSusanne Saul Stakemann appointed director
- ManagementNiels Peder Opstrup appointed board member
- ManagementPer Emil Hasselbalch Stakemann appointed board member
- ManagementChristian Morsing appointed chair of the board
- ManagementCarsten Bak Iversen appointed board member
- ManagementCarsten Bak Iversen appointed director
- ManagementBjarne Bak Iversen appointed board member
- ManagementVagner Bak Iversen appointed chair of the board
- OwnershipCarsten Bak Iversen registered as owner (100%)
Related companies
Same people in management
- ISS Facility Services A/Svia Erik Tronborg Andersen
- Falck Danmark A/Svia Erik Tronborg Andersen
- Tryg Forsikring A/Svia Per Emil Hasselbalch Stakemann
- Jem & Fix A/Svia Per Emil Hasselbalch Stakemann
- AL Sydbank A/Svia Per Emil Hasselbalch Stakemann
- Bauhaus Danmark A/Svia Erik Tronborg Andersen
Largest in the industry
- V. Guldmann A/SDKK 446m
- Bila A/SDKK 433.3m
- Hmf Group A/SDKK 310.9m
- Körber Supply Chain DK A/SDKK 180m
- Power Stow A/SDKK 165.5m
- Sawo A/SDKK 161.1m
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.