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Medema A/S

Public limited companyCVR 51892712HerningActive

Medema A/S is a public limited company, based in Herning, active in manufacture of bicycles and invalid carriages, founded in 1975. Net profit fell 74% from 2024 to 2025, ending at DKK 1.5m. Measured by gross profit, it ranks no. 6 of 23 companies in the industry in the database. The company has existed for over 50 years.

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Key figures · financial year 2025

Gross profitDKK 20.1m−38.2% vs. 2024
Net profitDKK 1.5m−73.9% vs. 2024
EquityDKK 26.6m+5.8% vs. 2024
Employees34latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 38% (2024 → 2025), to DKK 20.1m.
  • Net profit fell 74% (2024 → 2025), to DKK 1.5m.
  • Equity rose 6% (2024 → 2025), to DKK 26.6m.

Employees

  • 2 fewer employees than a year earlier: 34 (07/2026) against 36 (07/2025).

Management and owners, last 24 months

  • New in management: Brage Othar Rist (board member, 11/12/2025).
  • Stepped down: Gunnar Kristian Høie (board member, 11/12/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of bicycles and invalid carriages (309200)

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 5mDKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25m202020212022202320242025
EquityNet profit
Financial figures for Medema A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit18,60521,42619,90530,20932,43620,056−38.2%
Operating profit (EBIT)−2,152771−9115,0559,433−827−108.8%
Profit before tax−532−3,313−6443,1536,4561,870−71%
Net profit−632−3,037−4053,6645,5791,457−73.9%
Total assets56,42165,06740,04255,98850,22552,922+5.4%
Equity19,37116,33515,92919,59425,17326,630+5.8%
Liabilities36,80848,73324,11336,39525,05225,912+3.4%
Average number of employees414036413532−8.6%

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 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30m202020212022202320242025
Gross profitMedian, the industry (23 companies)

Annual reports

6 financial years
Annual reports for Medema A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202518/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202406/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202311/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202219/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202124/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202008/07/2021The 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
0102030405008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

23 companies in the database

Comparison with the other companies in manufacture of bicycles and invalid carriages based on the latest financial year.

Gross profitDKK 20.1mNo. 6 of 23
Better than 77% of the companies in the industry
EquityDKK 26.6mNo. 5 of 23
Better than 82% of the companies in the industry
Number of employees34No. 4 of 23
Better than 86% of the companies in the industry

Industry median: gross profit DKK 9.5m, net profit DKK 260k, equity DKK 4m, 19 employees.

DKK 186kDKK 840kDKK 3.8mDKK 17.2mDKK 47.1mHere
Distribution of gross profit for 20 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 20–49 employees9,922 companies in the comparison
No. 2,824of 9,892
Better than 71%
No. 1,344of 9,922
Better than 86%
Companies that are at least 30 years old10,276 companies in the comparison
No. 2,813of 10,152
Better than 72%
No. 2,932of 10,275
Better than 71%
All companies of type A/S18,025 companies in the comparison
No. 5,912of 17,786
Better than 67%
No. 5,279of 18,024
Better than 71%

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 bicycles and invalid carriages
Gross profit
  1. Medema A/SDKK 20.1m
  2. R82 A/SDKK 77.9m
  3. A. Winther A/SDKK 58.3m
Net profit
  1. Medema A/SDKK 1.5m
  2. R82 A/SDKK 16.1m
  3. A. Winther A/SDKK 18.6m
Equity
  1. Medema A/SDKK 26.6m
  2. R82 A/SDKK 217.4m
  3. A. Winther A/SDKK 87.7m
Employees
  1. Medema A/S34
  2. R82 A/S183
  3. A. Winther A/S74

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
  • Medema-gruppen AS100%
Medema A/S

Management

4 active registrations

Executive management

Executive management at Medema A/S
NameRoleAppointed
Klaus SmedegaardDirector01/06/2021

Board of directors

Board of directors at Medema A/S
NameRoleAppointed
Glenn Othar RistChair of the board19/11/2013
Klaus SmedegaardBoard member01/06/2021
Brage Othar RistBoard member11/12/2025
Former management (16)
Former management at Medema A/S
NameRoleAppointedResigned
Henrik Sigurd BreumDirector08/08/197501/07/2003
Bjarne StrikertBoard member18/12/200029/03/2004
Maiken Agnete BreumBoard member18/12/200024/06/2003
Johannes BreumBoard member18/12/200028/02/2003
Henrik Sigurd BreumBoard member18/12/200024/06/2003
Finn Kongsmark FlandingBoard member18/12/200028/02/2003
Sverre ChristoffersenBoard member28/02/200319/11/2006
Jäck Ulrich RistBoard member28/02/200319/11/2006
Paul Helge LøvdalBoard member24/06/200327/04/2006
Finn Rindom DoseDirector01/07/200301/06/2021
Jan Wium-AndersenChair of the board29/03/200419/11/2006
Ole DamgaardBoard member27/04/200619/11/2006
Sveinung Flaaten AndersenBoard member27/04/200619/11/2006
Finn Rindom DoseBoard member19/11/200601/06/2021
Kari Tvete SolvangChair of the board19/11/200619/11/2013
Gunnar Kristian HøieBoard member19/11/200611/12/2025

Signing rule: Selskabet tegnes af direktøren eller af 2 bestyrelsesmedlemmer i forening.

Address and production units

1 active production units

Enggårdvej 7
7400 Herning

Herning Municipality · Postcode 7400

Production units
Production unitAddressEmployeesP number
MEDEMA A/SEnggårdvej 7, Snejbjerg, 7400 Herning341001977364

Purpose

Selskabets formål er at drive handel og fabrikation.

The purpose is quoted from the register in Danish.

Changes year by year

56 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20254 changesmanagement 2 · accounts 1 · industry 1
  • Brage Othar Rist appointed board member
  • Gunnar Kristian Høie stepped down as board member
  • Annual report for 2024 published
  • Industry changed to Manufacture of bicycles and invalid carriages (309200)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20215 changesaccounts 1 · management 4
  • Annual report for 2020 published
  • Klaus Smedegaard appointed director
  • Klaus Smedegaard appointed board member
  • Finn Rindom Dose stepped down as board member
  • Finn Rindom Dose stepped down as director
20143 changesname 1 · capital 1 · merger 1
  • Name changed from MEDEMA PRODUCTION A/S to MEDEMA A/S
  • Share capital changed from 18,000,000 DKK to 19,000,000 DKK
  • Merger registered in CVR
20132 changesmanagement 2
  • Glenn Othar Rist appointed chair of the board
  • Kari Tvete Solvang stepped down as chair of the board
20101 changename 1
  • Name changed from MINI CROSSER A/S to MEDEMA PRODUCTION A/S
20081 changeindustry 1
  • Industry changed to Manufacture of bicycles and invalid carriages (309200)
200612 changesmanagement 11 · ownership 1
  • Finn Rindom Dose appointed board member
  • Gunnar Kristian Høie appointed board member
  • Kari Tvete Solvang appointed chair of the board
  • Sveinung Flaaten Andersen stepped down as board member
  • Ole Damgaard stepped down as board member
  • Jan Wium-Andersen stepped down as chair of the board
  • Jäck Ulrich Rist stepped down as board member
  • Sverre Christoffersen stepped down as board member
  • Sveinung Flaaten Andersen appointed board member
  • Ole Damgaard appointed board member
  • Paul Helge Løvdal stepped down as board member
  • Medema-gruppen AS registered as owner (100%)
20042 changesmanagement 2
  • Jan Wium-Andersen appointed chair of the board
  • Bjarne Strikert stepped down as board member
200310 changescapital 1 · management 9
  • Share capital changed from 1,000,000 DKK to 18,000,000 DKK
  • Finn Rindom Dose appointed director
  • Henrik Sigurd Breum stepped down as director
  • Paul Helge Løvdal appointed board member
  • Maiken Agnete Breum stepped down as board member
  • Henrik Sigurd Breum stepped down as board member
  • Jäck Ulrich Rist appointed board member
  • Sverre Christoffersen appointed board member
  • Finn Kongsmark Flanding stepped down as board member
  • Johannes Breum stepped down as board member
20021 changeaddress 1
  • Moved to Enggårdvej 7, Snejbjerg, 7400 Herning
20012 changesname 1 · address 1
  • Name changed from HEISTEEL DK AF 1980 ApS to MINI CROSSER A/S
  • Moved to Enggaardsvej 7, 7400 Herning
20006 changesmanagement 5 · capital 1
  • Maiken Agnete Breum appointed board member
  • Bjarne Strikert appointed board member
  • Finn Kongsmark Flanding appointed board member
  • Henrik Sigurd Breum appointed board member
  • Johannes Breum appointed board member
  • Share capital changed from 200,000 DKK to 1,000,000 DKK
19941 changecapital 1
  • Share capital changed from 80,000 DKK to 200,000 DKK
19752 changesfounded 1 · management 1
  • Registered as HEISTEEL DK AF 1980 ApS
  • Henrik Sigurd Breum 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.

View in CVRReport a correction