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Midt Factoring A/S

Public limited companyCVR 83712619IkastActive

Midt Factoring A/S is a public limited company, based in Ikast, active in activities of other credit companies, founded in 1978. Net profit fell 9% from 2024 to 2025, ending at DKK 32.4m. Measured by gross profit, it ranks no. 7 of 24 companies in the industry in the database. With 56 employees, the company is about 6 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 153.2m−8.5% vs. 2024
Net profitDKK 32.4m−9% vs. 2024
EquityDKK 127.9m−2% vs. 2024
Employees56latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 1% (2024 → 2025), to DKK 107m.
  • Revenue fell 8% (2024 → 2025), to DKK 153.2m.
  • Net profit fell 9% (2024 → 2025), to DKK 32.4m.
  • Equity fell 2% (2024 → 2025), to DKK 127.9m.

Management and owners, last 24 months

  • New in management: Anne Cécile Delas (chair of the board, 02/06/2026) and Zdenek Metelák (board member, 03/08/2026).
  • Stepped down: Thierry Jean André Lagnon (chair of the board, 02/06/2026) and Jérome Marie Alain Francois Le Segretain du Patis (board member, 03/08/2026).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Activities of other credit companies (649230)

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 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140m202020212022202320242025
EquityNet profit
Financial figures for Midt Factoring A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot stated167,459153,239−8.5%
Gross profit79,69990,155109,863112,001108,464106,984−1.4%
Operating profit (EBIT)27,52632,08346,05851,01845,70841,623−8.9%
Profit before tax27,52632,08346,05851,01845,70941,623−8.9%
Net profit21,42124,96735,86539,73535,62232,409−9%
Total assets1,061,8211,539,2141,525,4641,751,7081,805,3242,433,428+34.8%
Equity114,300119,267130,132134,867130,490127,898−2%
Liabilities947,5211,419,9471,395,3321,616,8411,674,2622,305,530+37.7%
Cash and cash equivalents213,908193,866168,435205,495289,462352,406+21.7%
Average number of employees5958596057570%

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; 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: 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 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120m202020212022202320242025
Gross profitMedian, the industry (24 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Low equity ratio

    Equity makes up 5% of total assets in 2025.

    How is this calculated?

    Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.

  • Profit 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
Annual reports for Midt Factoring A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202526/03/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202412/03/2025The groupPDFXBRL
202301/01/2023 – 31/12/202308/03/2024The groupPDF not statedXBRL
202201/01/2022 – 31/12/202214/03/2023The groupPDF not statedXBRL
202101/01/2021 – 31/12/202120/03/2022The groupPDFXBRL
202001/01/2020 – 31/12/202024/02/2021The groupPDFXBRL

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
010203040506008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

24 companies in the database

Comparison with the other companies in activities of other credit companies based on the latest financial year.

Gross profitDKK 107mNo. 7 of 24
Better than 74% of the companies in the industry
EquityDKK 127.9mNo. 7 of 24
Better than 74% of the companies in the industry
Number of employees56No. 4 of 24
Better than 87% of the companies in the industry

Industry median: gross profit DKK 16.9m, net profit DKK 1.5m, equity DKK 12.2m, 9 employees.

DKK 433kDKK 3.4mDKK 26.6mDKK 208mDKK 820mHere
Distribution of gross profit for 22 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 50–199 employees4,467 companies in the comparison
No. 588of 4,412
Better than 87%
No. 533of 4,466
Better than 88%
Companies that are at least 30 years old10,276 companies in the comparison
No. 797of 10,152
Better than 92%
No. 1,071of 10,275
Better than 90%
All companies of type A/S18,025 companies in the comparison
No. 1,484of 17,786
Better than 92%
No. 1,929of 18,024
Better than 89%

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

Activities of other credit companies
Gross profit
  1. Midt Factoring A/SDKK 107m
  2. Volkswagen Semler Finans Danmark A/SDKK 1.6bn
  3. Mercedes-benz Finans Danmark A/SDKK 572m
Net profit
  1. Midt Factoring A/SDKK 32.4m
  2. Volkswagen Semler Finans Danmark A/SDKK 192.3m
  3. Mercedes-benz Finans Danmark A/SDKK 98m
Equity
  1. Midt Factoring A/SDKK 127.9m
  2. Volkswagen Semler Finans Danmark A/SDKK 1.6bn
  3. Mercedes-benz Finans Danmark A/SDKK 439.6m
Employees
  1. Midt Factoring A/S56
  2. Volkswagen Semler Finans Danmark A/S129
  3. Mercedes-benz Finans Danmark A/S21

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
  • BPCE Factor100%
Midt Factoring A/S

Management

5 active registrations

Executive management

Executive management at Midt Factoring A/S
NameRoleAppointed
Søren Steen Lund LarsenCEO01/01/2013

Board of directors

Board of directors at Midt Factoring A/S
NameRoleAppointed
Xavier Raymond Robert FlognyBoard member22/06/2018
Vincent-Pierre CasaubonBoard member27/05/2021
Anne Cécile DelasChair of the board02/06/2026
Zdenek MetelákBoard member03/08/2026
Former management (50)
Former management at Midt Factoring A/S
NameRoleAppointedResigned
Carl Aage NielsenBoard member16/03/197831/10/1996
Carl Aage NielsenDirector16/03/197831/12/2005
Mads Eg DamgaardChair of the board16/03/197831/10/1996
Jørgen Vagn LarsenBoard member16/03/197810/09/1997
Jørgen Vagn LarsenDirector16/03/197818/11/1988
Anders KlausenBoard member16/03/197831/10/1996
Egon Krogh DamgaardBoard member16/03/197831/10/1996
Poul Wentzer LichtBoard member31/10/199619/09/2003
Bjarne Helge JensenBoard member31/10/199608/06/2005
Knud Overgaard JakobsenBoard member18/06/199819/09/2003
Kim HellumBoard member18/06/200119/09/2003
Flemming RohdeChair of the board19/09/200308/06/2005
Asger KastbjergBoard member19/09/200308/06/2005
Aage Skov ChristophersenBoard member08/06/200511/06/2008
Egon KorsbækChair of the board08/06/200511/06/2008
Jens NielsenBoard member08/06/200511/06/2008
Finn Strier PoulsenBoard member08/06/200503/11/2008
Michael ChristensenBoard member08/06/200511/06/2008
Carl Christian NielsenBoard member08/06/200511/06/2008
Vagn ThorsagerCEO01/01/200628/02/2011
Keld Ingolf AgesenBoard member18/08/200630/03/2007
Jens BellingBoard member30/03/200711/06/2008
Benoît ClaireBoard member01/02/200831/03/2010
Flemming SørensenBoard member11/06/200803/11/2008
Frédéric BourgeoisBoard member11/06/200827/06/2011
Lone ThorsenBoard member29/05/200908/10/2018
Melanie KnudsenBoard member29/05/200927/03/2014
Jochen BöhmBoard member11/03/201027/06/2011
Stefan Andreas BrauelChair of the board11/03/201028/02/2011
Franz J. MichelChair of the board28/02/201122/02/2013
Christian VollbehrBoard member28/02/201122/02/2013
Erling SørensenCEO01/03/201101/01/2013
Roger Eugène Immanuël OenenBoard member27/06/201122/02/2013
Sophie Chantal LazarevitchChair of the board22/02/201313/07/2016
Hélène Marie Agnès BaqueBoard member22/02/201322/06/2018
Christophe Marie Bernard Le Conte Chrestien de PolyBoard member22/02/201315/05/2014
Dorthe LindvedBoard member27/03/201408/10/2018
Anne-Claire Danièle Charlotte Guy épouse Le ConteBoard member15/05/201413/11/2015
Quoc-Bâo TranBoard member20/10/201413/07/2016
Christophe CarlesChair of the board13/07/201606/07/2017
Teresa Mora GrenierBoard member13/07/201622/06/2018
Francoise Claude Paulette Marcelle FaureBoard member13/07/201606/07/2017
Claude Michel ValadeChair of the board06/07/201722/02/2021
Vincent-Pierre CasaubonBoard member06/07/201721/02/2021
Dominique Michelle Bresson, usage RemyBoard member22/06/201809/09/2019
Maxime Paul Jules CrespelBoard member09/09/201913/10/2022
Vincent-Pierre CasaubonChair of the board22/02/202126/05/2021
Thierry Jean André LagnonChair of the board27/05/202102/06/2026
Sebastien Richard Gilbert ConteBoard member01/01/202213/10/2022
Jérome Marie Alain Francois Le Segretain du PatisBoard member13/10/202203/08/2026

Signing rule: Selskabet tegnes af een direktør eller af den samlede bestyrelse.

Address and production units

1 active production units

Nygade 111
7430 Ikast

Ikast-Brande Municipality · Postcode 7430

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
MIDT FACTORING A/S COFACE FINANS A/SNygade 111, 7430 Ikast561002677974

Purpose

Selskabets formål er administration, belåning og diskontering af fakturafordringer og kontrakter med eller uden regres samt finansierings- og handelsvirksomhed

The purpose is quoted from the register in Danish.

Changes year by year

124 registered events
20265 changesmanagement 4 · accounts 1
  • Zdenek Metelák appointed board member
  • Jérome Marie Alain Francois Le Segretain du Patis stepped down as board member
  • Anne Cécile Delas appointed chair of the board
  • Thierry Jean André Lagnon stepped down as chair of the board
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Activities of other credit companies (649230)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20225 changesmanagement 4 · accounts 1
  • Jérome Marie Alain Francois Le Segretain du Patis appointed board member
  • Sebastien Richard Gilbert Conte stepped down as board member
  • Maxime Paul Jules Crespel stepped down as board member
  • Annual report for 2021 published
  • Sebastien Richard Gilbert Conte appointed board member
20217 changesmanagement 6 · accounts 1
  • Thierry Jean André Lagnon appointed chair of the board
  • Vincent-Pierre Casaubon appointed board member
  • Vincent-Pierre Casaubon stepped down as chair of the board
  • Annual report for 2020 published
  • Vincent-Pierre Casaubon appointed chair of the board
  • Claude Michel Valade stepped down as chair of the board
  • Vincent-Pierre Casaubon stepped down as board member
20192 changesmanagement 2
  • Maxime Paul Jules Crespel appointed board member
  • Dominique Michelle Bresson, usage Remy stepped down as board member
20186 changesmanagement 6
  • Dorthe Lindved stepped down as board member
  • Lone Thorsen stepped down as board member
  • Dominique Michelle Bresson, usage Remy appointed board member
  • Xavier Raymond Robert Flogny appointed board member
  • Teresa Mora Grenier stepped down as board member
  • Hélène Marie Agnès Baque stepped down as board member
20174 changesmanagement 4
  • Claude Michel Valade appointed chair of the board
  • Vincent-Pierre Casaubon appointed board member
  • Francoise Claude Paulette Marcelle Faure stepped down as board member
  • Christophe Carles stepped down as chair of the board
20167 changesmanagement 5 · ownership 2
  • Francoise Claude Paulette Marcelle Faure appointed board member
  • Christophe Carles appointed chair of the board
  • Teresa Mora Grenier appointed board member
  • Quoc-Bâo Tran stepped down as board member
  • Sophie Chantal Lazarevitch stepped down as chair of the board
  • BPCE Factor registered as owner (100%)
  • Natixis HCP is no longer registered as owner
20151 changemanagement 1
  • Anne-Claire Danièle Charlotte Guy épouse Le Conte stepped down as board member
20145 changesmanagement 5
  • Quoc-Bâo Tran appointed board member
  • Anne-Claire Danièle Charlotte Guy épouse Le Conte appointed board member
  • Christophe Marie Bernard Le Conte Chrestien de Poly stepped down as board member
  • Dorthe Lindved appointed board member
  • Melanie Knudsen stepped down as board member
20138 changesmanagement 8
  • Hélène Marie Agnès Baque appointed board member
  • Sophie Chantal Lazarevitch appointed chair of the board
  • Christophe Marie Bernard Le Conte Chrestien de Poly appointed board member
  • Roger Eugène Immanuël Oenen stepped down as board member
  • Christian Vollbehr stepped down as board member
  • Franz J. Michel stepped down as chair of the board
  • Søren Steen Lund Larsen appointed ceo
  • Erling Sørensen stepped down as ceo
20121 changename 1
  • Name changed from COFACE FINANS A/S to MIDT FACTORING A/S
20119 changesownership 1 · management 8
  • Natixis HCP registered as owner (100%)
  • Roger Eugène Immanuël Oenen appointed board member
  • Jochen Böhm stepped down as board member
  • Frédéric Bourgeois stepped down as board member
  • Erling Sørensen appointed ceo
  • Christian Vollbehr appointed board member
  • Franz J. Michel appointed chair of the board
  • Stefan Andreas Brauel stepped down as chair of the board
  • Vagn Thorsager stepped down as ceo
20103 changesmanagement 3
  • Benoît Claire stepped down as board member
  • Jochen Böhm appointed board member
  • Stefan Andreas Brauel appointed chair of the board
20092 changesmanagement 2
  • Melanie Knudsen appointed board member
  • Lone Thorsen appointed board member
200813 changesmanagement 11 · name 1 · industry 1
  • Flemming Sørensen stepped down as board member
  • Finn Strier Poulsen stepped down as board member
  • Name changed from MIDT FACTORING A/S to COFACE FINANS A/S
  • Frédéric Bourgeois appointed board member
  • Flemming Sørensen appointed board member
  • Jens Belling stepped down as board member
  • Egon Korsbæk stepped down as chair of the board
  • Carl Christian Nielsen stepped down as board member
  • Michael Christensen stepped down as board member
  • Jens Nielsen stepped down as board member
  • Aage Skov Christophersen stepped down as board member
  • Benoît Claire appointed board member
  • Industry changed to Anden finansiel formidling undtagen forsikring og pensionsforsikring, i.a.n. (649900)
20073 changesmanagement 2 · address 1
  • Jens Belling appointed board member
  • Keld Ingolf Agesen stepped down as board member
  • Moved to Nygade 111, 7430 Ikast
20062 changesmanagement 2
  • Keld Ingolf Agesen appointed board member
  • Vagn Thorsager appointed ceo
200510 changesmanagement 10
  • Carl Aage Nielsen stepped down as director
  • Egon Korsbæk appointed chair of the board
  • Carl Christian Nielsen appointed board member
  • Michael Christensen appointed board member
  • Finn Strier Poulsen appointed board member
  • Jens Nielsen appointed board member
  • Aage Skov Christophersen appointed board member
  • Asger Kastbjerg stepped down as board member
  • Flemming Rohde stepped down as chair of the board
  • Bjarne Helge Jensen stepped down as board member
20036 changesmanagement 5 · capital 1
  • Asger Kastbjerg appointed board member
  • Flemming Rohde appointed chair of the board
  • Kim Hellum stepped down as board member
  • Knud Overgaard Jakobsen stepped down as board member
  • Poul Wentzer Licht stepped down as board member
  • Share capital changed from 10,000,000 DKK to 40,000,000 DKK
20011 changemanagement 1
  • Kim Hellum appointed board member
20001 changeaddress 1
  • Moved to Nygade 111, 7430 Ikast
19981 changemanagement 1
  • Knud Overgaard Jakobsen appointed board member
19971 changemanagement 1
  • Jørgen Vagn Larsen stepped down as board member
19967 changescapital 1 · management 6
  • Share capital changed from 4,000,000 DKK to 10,000,000 DKK
  • Bjarne Helge Jensen appointed board member
  • Poul Wentzer Licht appointed board member
  • Carl Aage Nielsen stepped down as board member
  • Egon Krogh Damgaard stepped down as board member
  • Anders Klausen stepped down as board member
  • Mads Eg Damgaard stepped down as chair of the board
19931 changecapital 1
  • Share capital changed from 3,000,000 DKK to 4,000,000 DKK
19881 changemanagement 1
  • Jørgen Vagn Larsen stepped down as director
19788 changesfounded 1 · management 7
  • Registered as MIDT FACTORING A/S
  • Carl Aage Nielsen appointed board member
  • Egon Krogh Damgaard appointed board member
  • Anders Klausen appointed board member
  • Jørgen Vagn Larsen appointed director
  • Jørgen Vagn Larsen appointed board member
  • Mads Eg Damgaard appointed chair of the board
  • Carl Aage Nielsen appointed director

Related companies

Same people in management

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 CVRReport a correction