Michael Lundbech A/S

Public limited companyCVR 26473756RingstedActive

Michael Lundbech A/S is a public limited company, based in Ringsted, active in manufacture of hand tools, founded in 2002. Net profit rose 440% from 2024 to 2025, ending at DKK 837k. Measured by gross profit, it ranks no. 9 of 68 companies in the industry in the database. With 42 employees, the company is about 6 times larger than the industry median.

PDF report Compare

Key figures · financial year 2025

Gross profitDKK 24.7m+24.2% vs. 2024

Net profitDKK 837k+440.3% vs. 2024

EquityDKK 4.8m+21.2% vs. 2024

Employees42latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit rose 24% (2024 → 2025), to DKK 24.7m.
Net profit rose 440% (2024 → 2025), to DKK 837k.
Equity rose 21% (2024 → 2025), to DKK 4.8m.

Employees

1 fewer employees than a year earlier: 42 (08/2026) against 43 (08/2025).

Management and owners, last 24 months

New in management: Florian Binder (board member, 03/09/2025) and Kurt Philipp Helletzgruber (chair of the board, 03/09/2025).
Stepped down: Charlotte Pia Lundbech (board member, 03/09/2025), Keld Harbo (chair of the board, 03/09/2025) and Benny Bech-Willumsen (board member, 03/09/2025) (+1).
New owners registered: Michael Lundbech Holding ApS (03/09/2025) and TT Medic GmbH (03/09/2025).
No longer registered as owner: Michael Lundbech Holding ApS (02/09/2025), Benny BW Holding ApS (03/09/2025) and Christian Edvardsen (03/09/2025).

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

EquityNet profit

Financial figures for Michael Lundbech A/S
	2020	2021	2022	2023	2024	2025	Change
Revenue	not stated	not stated	not stated	not stated	not stated	not stated	–
Gross profit	19,644	20,827	17,024	19,846	19,909	24,729	+24.2%
Operating profit (EBIT)	310	1,452	−1,756	1,691	1,025	1,730	+68.8%
Profit before tax	19	1,210	−1,970	1,117	196	1,073	+447.4%
Net profit	12	948	−1,537	873	155	837	+440.3%
Total assets	21,984	21,412	20,969	20,221	25,458	23,321	−8.4%
Equity	3,499	4,446	2,910	3,783	3,938	4,774	+21.2%
Liabilities	17,181	15,841	17,420	15,469	20,397	17,378	−14.8%
Cash and cash equivalents	570	251	69	2	149	2,599	+1,643.2%
Average number of employees	32	32	29	27	27	34	+25.9%

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

Compare with the industry (68 companies)

Gross profitMedian, the industry (68 companies)

Annual reports

6 financial years

Annual reports for Michael Lundbech A/S
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	09/06/2026	The company	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	13/05/2025	The company	PDF XBRL
2023	01/01/2023 – 31/12/2023	30/04/2024	The company	PDF XBRL
2022	01/01/2022 – 31/12/2022	27/06/2023	The company	PDF XBRL
2021	01/01/2021 – 31/12/2021	10/06/2022	The company	PDF XBRL
2020	01/01/2020 – 31/12/2020	12/05/2021	The company	PDF XBRL

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

Employees

Position in the industry

68 companies in the database

Comparison with the other companies in manufacture of hand tools based on the latest financial year.

Gross profitDKK 24.7mNo. 9 of 68

Better than 88% of the companies in the industry

EquityDKK 4.8mNo. 30 of 68

Better than 57% of the companies in the industry

Number of employees42No. 8 of 68

Better than 90% of the companies in the industry

Industry median: gross profit DKK 4.9m, net profit DKK 642k, equity DKK 3.7m, 7 employees.

Distribution of gross profit for 68 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
Group	Gross profit	Equity
Companies with 20–49 employees9,922 companies in the comparison	No. 1,969of 9,892 Better than 80%	No. 4,838of 9,922 Better than 51%
Companies that are between 15 and 29 years old24,910 companies in the comparison	No. 2,806of 24,791 Better than 89%	No. 9,951of 24,909 Better than 60%
All companies of type A/S18,025 companies in the comparison	No. 5,060of 17,786 Better than 72%	No. 11,663of 18,024 Better than 35%

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 hand tools

Gross profit

Michael Lundbech A/SDKK 24.7m
Sønderborg Værktøjsfabrik A/SDKK 143.8m
Am Værktøj Odense A/SDKK 72.8m

Net profit

Michael Lundbech A/SDKK 837k
Sønderborg Værktøjsfabrik A/SDKK 71m
Am Værktøj Odense A/SDKK 8.7m

Equity

Michael Lundbech A/SDKK 4.8m
Sønderborg Værktøjsfabrik A/SDKK 72.2m
Am Værktøj Odense A/SDKK 39.6m

Employees

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

Michael Lundbech Holding ApS10%
TT Medic GmbH66.67%

Michael Lundbech A/S

Management

4 active registrations

Executive management

Executive management at Michael Lundbech A/S
Name	Role	Appointed
Michael Rene' Lundbech	Director	12/02/2002

Board of directors

Board of directors at Michael Lundbech A/S
Name	Role	Appointed
Michael Rene' Lundbech	Board member	12/02/2002
Florian Binder	Board member	03/09/2025
Kurt Philipp Helletzgruber	Chair of the board	03/09/2025

Auditor: Pricewaterhousecoopers Statsautoriseret Revisionspartnerselskab
Founders: Michael Rene' Lundbech

Former management (6)

Former management at Michael Lundbech A/S
Name	Role	Appointed	Resigned
Charlotte Pia Lundbech	Board member	12/02/2002	03/09/2025
Jytte Disa Larsen	Board member	12/02/2002	11/07/2011
Keld Harbo	Chair of the board	11/07/2011	03/09/2025
Flemming Philipsen	Board member	11/07/2011	27/05/2022
Benny Bech-Willumsen	Board member	25/03/2014	03/09/2025
Jan Bybjerg Pedersen	Board member	13/12/2022	03/09/2025

Signing rule: Selskabet tegnes af en direktør og et bestyrelsesmedlem eller af den samlede bestyrelse.

Address and production units

2 active production units

Bragesvej 5
4100 Ringsted

Ringsted Municipality · Postcode 4100

Production units
Production unit	Address	Industry	Employees	P number
MICHAEL LUNDBECH A/S	Bragesvej 5, 4100 Ringsted	Manufacture of hand tools	29	1008955650
Michael Lundbech A/S - støbeafdeling	Sleipnersvej 17, 4100 Ringsted	Manufacture of hand tools	–	1023004972

Purpose

Selskabets formål er produktion og udarbejdelse af formværktøjer.

The purpose is quoted from the register in Danish.

Changes year by year

37 registered events

02015

02016

02017

02018

12019

02020

12021

32022

12023

12024

122025

12026

20261 changeaccounts 1

09/06AccountsAnnual report for 2025 published

202512 changesmanagement 6 · ownership 5 · accounts 1

03/09ManagementFlorian Binder appointed board member
03/09ManagementKurt Philipp Helletzgruber appointed chair of the board
03/09ManagementJan Bybjerg Pedersen stepped down as board member
03/09ManagementBenny Bech-Willumsen stepped down as board member
03/09ManagementKeld Harbo stepped down as chair of the board
03/09ManagementCharlotte Pia Lundbech stepped down as board member
03/09OwnershipMICHAEL LUNDBECH HOLDING ApS registered as owner (10%)
03/09OwnershipTT Medic GmbH registered as owner (66.67%)
03/09OwnershipChristian Edvardsen is no longer registered as owner
03/09OwnershipBENNY BW HOLDING ApS is no longer registered as owner
02/09OwnershipMICHAEL LUNDBECH HOLDING ApS is no longer registered as owner
13/05AccountsAnnual report for 2024 published

20241 changeaccounts 1

30/04AccountsAnnual report for 2023 published

20231 changeaccounts 1

27/06AccountsAnnual report for 2022 published

20223 changesmanagement 2 · accounts 1

13/12ManagementJan Bybjerg Pedersen appointed board member
10/06AccountsAnnual report for 2021 published
27/05ManagementFlemming Philipsen stepped down as board member

20211 changeaccounts 1

12/05AccountsAnnual report for 2020 published

20191 changeownership 1

31/12OwnershipChristian Edvardsen registered as owner (5%)

20142 changesmanagement 1 · capital 1

25/03ManagementBenny Bech-Willumsen appointed board member
24/03CapitalShare capital changed from 500,000 DKK to 556,000 DKK

20134 changesownership 4

31/12OwnershipMichael Rene' Lundbech registered as owner (66.67%)
31/12OwnershipMichael Rene' Lundbech is no longer registered as owner
31/12OwnershipMICHAEL LUNDBECH HOLDING ApS registered as owner (66.67%)
31/12OwnershipBENNY BW HOLDING ApS registered as owner (10%)

20113 changesmanagement 3

11/07ManagementKeld Harbo appointed chair of the board
11/07ManagementFlemming Philipsen appointed board member
11/07ManagementJytte Disa Larsen stepped down as board member

20061 changeaddress 1

03/04AddressMoved to Bragesvej 5, 4100 Ringsted

20032 changesname 1 · capital 1

12/05NameName changed from MICHAEL LUNDBECH ApS to MICHAEL LUNDBECH A/S
12/05CapitalShare capital changed from 125,000 DKK to 500,000 DKK

20025 changesfounded 1 · management 4

12/02FoundedRegistered as MICHAEL LUNDBECH ApS
12/02ManagementJytte Disa Larsen appointed board member
12/02ManagementMichael Rene' Lundbech appointed board member
12/02ManagementCharlotte Pia Lundbech appointed board member
12/02ManagementMichael Rene' Lundbech appointed director

Related companies

Same people in management

Malmos A/Svia Keld Harbo
Schoeller-plast-enterprise A/Svia Jan Bybjerg Pedersen
Engskov Maskinfabrik A/Svia Flemming Philipsen
Ulfoss Plastic A/Svia Jan Bybjerg Pedersen
Fensmark Miljø ApSvia Keld Harbo
TMF Mobility ApSvia Keld Harbo

Largest in the industry

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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.

View in CVR Report a correction