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MSD Animal Health A/S

Public limited companyCVR 46290828København VActive

MSD Animal Health A/S is a public limited company, based in København V, active in wholesale of pharmaceutical goods and nursing supplies, founded in 1976. Net profit fell 8% from 2024 to 2025, ending at DKK 11.2m. With 38 employees, the company is about 4 times larger than the industry median. Equity fell to DKK 51.6m in 2025.

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Key figures · financial year 2025

RevenueDKK 412.2m−3% vs. 2024
Net profitDKK 11.2m−8.5% vs. 2024
EquityDKK 51.6m−16% vs. 2024
Employees38latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 6% (2024 → 2025), to DKK 54.3m.
  • Revenue fell 3% (2024 → 2025), to DKK 412.2m.
  • Net profit fell 8% (2024 → 2025), to DKK 11.2m.
  • Equity fell 16% (2024 → 2025), to DKK 51.6m.

Management and owners, last 24 months

  • New in management: Dionna Kathleen Litvin (chair of the board, 09/04/2026), Fabrice Ribourg (board member, 01/10/2026) and Fabrice Ribourg (ceo, 01/10/2026).
  • Stepped down: Catherine Dorfman-Igel (board member, 01/10/2026), Catherine Dorfman-Igel (ceo, 01/10/2026) and Michel Deinum (chair of the board, 09/04/2026).

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 80m202020212022202320242025
EquityNet profit
Financial figures for MSD Animal Health A/S
202020212022202320242025Change
Revenue338,207341,956363,695422,862424,853412,167−3%
Gross profit49,86248,28055,57460,84157,80854,313−6%
Operating profit (EBIT)9,1018,8188,33816,25414,75714,376−2.6%
Profit before tax9,1008,7048,00016,95414,83214,124−4.8%
Net profit7,0146,6085,59214,14112,19511,159−8.5%
Total assets173,551155,973128,040177,089149,137143,064−4.1%
Equity77,44684,05449,14663,28761,48251,641−16%
Liabilities96,10571,91978,894113,80287,65591,423+4.3%
Cash and cash equivalents337169129202172190+10.5%
Average number of employees333638393938−2.6%

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.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60m202020212022202320242025
Gross profitMedian, the industry (232 companies)

Signals from the financial statements

calculated from the 2025 figures

  • 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 MSD Animal Health A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202523/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202423/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202326/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202229/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202101/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202030/06/2021The 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

232 companies in the database

Comparison with the other companies in wholesale of pharmaceutical goods and nursing supplies based on the latest financial year.

Gross profitDKK 54.3mNo. 48 of 232
Better than 80% of the companies in the industry
EquityDKK 51.6mNo. 43 of 232
Better than 82% of the companies in the industry
Number of employees38No. 43 of 232
Better than 82% of the companies in the industry

Industry median: gross profit DKK 11.2m, net profit DKK 1.8m, equity DKK 9.6m, 9 employees.

DKK 100kDKK 1.4mDKK 19.1mDKK 263.2mDKK 1.5bnHere
Distribution of gross profit for 225 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. 372of 9,892
Better than 96%
No. 676of 9,922
Better than 93%
Same industry and 20–49 employees47 companies in the comparison
No. 16of 47
Better than 67%
No. 12of 47
Better than 76%
Companies that are at least 30 years old10,276 companies in the comparison
No. 1,390of 10,152
Better than 86%
No. 1,950of 10,275
Better than 81%
All companies of type A/S18,025 companies in the comparison
No. 2,702of 17,786
Better than 85%
No. 3,502of 18,024
Better than 81%

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

Wholesale of pharmaceutical goods and nursing supplies
Gross profit
  1. MSD Animal Health A/SDKK 54.3m
  2. Ambu A/SDKK 3.6bn
  3. Stada Nordic ApSDKK 687m
Net profit
  1. MSD Animal Health A/SDKK 11.2m
  2. Ambu A/SDKK 609m
  3. Stada Nordic ApSDKK 54.6m
Equity
  1. MSD Animal Health A/SDKK 51.6m
  2. Ambu A/SDKK 6bn
  3. Stada Nordic ApSDKK 346.3m
Employees
  1. MSD Animal Health A/S38
  2. Ambu A/S619
  3. Stada Nordic ApS51

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
  • Intervet Holding B.V.100%
MSD Animal Health A/S

Management

4 active registrations

Executive management

Executive management at MSD Animal Health A/S
NameRoleAppointed
Fabrice RibourgCEO01/10/2026

Board of directors

Board of directors at MSD Animal Health A/S
NameRoleAppointed
Karl-Johan SamuelssonBoard member07/05/2020
Dionna Kathleen LitvinChair of the board09/04/2026
Fabrice RibourgBoard member01/10/2026
Former management (31)
Former management at MSD Animal Health A/S
NameRoleAppointedResigned
Sigurd August Heinrich KahlkeBoard member16/08/197628/05/1996
Sigurd August Heinrich KahlkeDirector16/08/197624/02/1992
Kenneth SchwartzmannDirector16/08/197601/02/2006
Paul Kornilius BronsBoard member16/08/197619/07/1991
Gijsbert VeermanBoard member16/08/197619/07/1991
Antonius Theodorus Maria WilderbeekChair of the board16/08/197601/05/2002
Tjeerd KalffBoard member16/08/197622/04/1994
Willem J KleynBoard member16/08/197601/02/2003
Annett Rye EngelBoard member28/05/199615/09/1997
Thomas Vincent BonnorBoard member15/09/199713/05/2008
Ruurd StolpBoard member01/05/200213/05/2008
Pieter Paulus WetterhahnBoard member01/02/200313/05/2008
Kenneth SchwartzmannBoard member01/02/200601/02/2007
Petrus Paulus Josephus M BroersDirector01/02/200613/05/2008
Jens DamBoard member13/05/200801/01/2012
Jens DamDirector13/05/200801/01/2012
Steven Hubrig KoehlerChair of the board13/05/200831/08/2011
Stijn Michiel EhrenBoard member13/05/200831/08/2011
Torben DahlBoard member31/08/201107/05/2020
Marcus Josepha Maria van HeumenChair of the board31/08/201101/01/2013
Jan MöhlenbrockBoard member01/01/201231/05/2017
Jan MöhlenbrockCEO01/01/201231/05/2017
Allen Harberg JrChair of the board01/01/201303/06/2019
Pedro Miguel Rodrigues Da SilvaBoard member31/05/201727/04/2021
Pedro Miguel Rodrigues Da SilvaCEO31/05/201727/04/2021
Henriëtte Jeanne van RijssenChair of the board03/06/201915/09/2023
Pedro Miguel Rodrigues da SilvaBoard member27/04/202131/08/2021
Pedro Miguel Rodrigues da SilvaCEO27/04/202131/08/2021
Catherine Dorfman-IgelBoard member31/08/202101/10/2026
Catherine Dorfman-IgelCEO31/08/202101/10/2026
Michel DeinumChair of the board15/09/202309/04/2026

Signing rule: Selskabet tegnes af ethvert bestyrelsesmedlem alene og af enhver direktør alene eller af den samlede bestyrelse.

Address and production units

1 active production units

Havneholmen 25
1561 København V

København Municipality · Postcode 1561

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
MSD Animal Health A/SHavneholmen 25, 1561 København V381003087116

Purpose

Selskabets formål er at udøve virksomhed indenfor fabrikation, udvikling og handel med veterinære produkter samt al virksomhed, som efter bestyrelsens skøn har forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

85 registered events
20267 changesmanagement 6 · accounts 1
  • Fabrice Ribourg appointed board member
  • Fabrice Ribourg appointed ceo
  • Catherine Dorfman-Igel stepped down as ceo
  • Catherine Dorfman-Igel stepped down as board member
  • Annual report for 2025 published
  • Dionna Kathleen Litvin appointed chair of the board
  • Michel Deinum stepped down as chair of the board
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20233 changesmanagement 2 · accounts 1
  • Michel Deinum appointed chair of the board
  • Henriëtte Jeanne van Rijssen stepped down as chair of the board
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20219 changesmanagement 8 · accounts 1
  • Catherine Dorfman-Igel appointed ceo
  • Catherine Dorfman-Igel appointed board member
  • Pedro Miguel Rodrigues da Silva stepped down as ceo
  • Pedro Miguel Rodrigues da Silva stepped down as board member
  • Annual report for 2020 published
  • Pedro Miguel Rodrigues da Silva appointed ceo
  • Pedro Miguel Rodrigues da Silva appointed board member
  • Pedro Miguel Rodrigues Da Silva stepped down as board member
  • Pedro Miguel Rodrigues Da Silva stepped down as ceo
20202 changesmanagement 2
  • Karl-Johan Samuelsson appointed board member
  • Torben Dahl stepped down as board member
20192 changesmanagement 2
  • Henriëtte Jeanne van Rijssen appointed chair of the board
  • Allen Harberg Jr stepped down as chair of the board
20175 changesname 1 · management 4
  • Name changed from INTERVET DANMARK A/S to MSD Animal Health A/S
  • Pedro Miguel Rodrigues Da Silva appointed board member
  • Pedro Miguel Rodrigues Da Silva appointed ceo
  • Jan Möhlenbrock stepped down as ceo
  • Jan Möhlenbrock stepped down as board member
20151 changeaddress 1
  • Moved to Havneholmen 25, 1561 København V
20132 changesmanagement 2
  • Allen Harberg Jr appointed chair of the board
  • Marcus Josepha Maria van Heumen stepped down as chair of the board
20124 changesmanagement 4
  • Jan Möhlenbrock appointed ceo
  • Jan Möhlenbrock appointed board member
  • Jens Dam stepped down as board member
  • Jens Dam stepped down as director
20116 changesaddress 1 · management 4 · ownership 1
  • Moved to Lautrupbjerg 4, 2750 Ballerup
  • Marcus Josepha Maria van Heumen appointed chair of the board
  • Torben Dahl appointed board member
  • Stijn Michiel Ehren stepped down as board member
  • Steven Hubrig Koehler stepped down as chair of the board
  • Intervet Holding B.V. registered as owner (100%)
20101 changeaddress 1
  • Moved to Lautrupbjerg 2, 2750 Ballerup
20091 changecapital 1
  • Share capital changed from 1,640,000 DKK to 20,551,000 DKK
20088 changesmanagement 8
  • Stijn Michiel Ehren appointed board member
  • Jens Dam appointed board member
  • Jens Dam appointed director
  • Steven Hubrig Koehler appointed chair of the board
  • Petrus Paulus Josephus M Broers stepped down as director
  • Pieter Paulus Wetterhahn stepped down as board member
  • Ruurd Stolp stepped down as board member
  • Thomas Vincent Bonnor stepped down as board member
20071 changemanagement 1
  • Kenneth Schwartzmann stepped down as board member
20063 changesmanagement 3
  • Kenneth Schwartzmann appointed board member
  • Petrus Paulus Josephus M Broers appointed director
  • Kenneth Schwartzmann stepped down as director
20032 changesmanagement 2
  • Pieter Paulus Wetterhahn appointed board member
  • Willem J Kleyn stepped down as board member
20022 changesmanagement 2
  • Ruurd Stolp appointed board member
  • Antonius Theodorus Maria Wilderbeek stepped down as chair of the board
20012 changescapital 1 · merger 1
  • Share capital changed from 1,280,000 DKK to 1,640,000 DKK
  • Merger registered in CVR
20001 changename 1
  • Name changed from INTERVET SCANDINAVIA A/S to INTERVET DANMARK A/S
19972 changesmanagement 2
  • Thomas Vincent Bonnor appointed board member
  • Annett Rye Engel stepped down as board member
19962 changesmanagement 2
  • Annett Rye Engel appointed board member
  • Sigurd August Heinrich Kahlke stepped down as board member
19941 changemanagement 1
  • Tjeerd Kalff stepped down as board member
19931 changecapital 1
  • Share capital changed from 4,880,000 DKK to 1,280,000 DKK
19921 changemanagement 1
  • Sigurd August Heinrich Kahlke stepped down as director
19914 changesname 1 · capital 1 · management 2
  • Name changed from PROPRIAS PRODUKTER ApS to INTERVET SCANDINAVIA A/S
  • Share capital changed from 80,000 DKK to 4,880,000 DKK
  • Gijsbert Veerman stepped down as board member
  • Paul Kornilius Brons stepped down as board member
19769 changesfounded 1 · management 8
  • Registered as PROPRIAS PRODUKTER ApS
  • Kenneth Schwartzmann appointed director
  • Sigurd August Heinrich Kahlke appointed board member
  • Sigurd August Heinrich Kahlke appointed director
  • Willem J Kleyn appointed board member
  • Tjeerd Kalff appointed board member
  • Antonius Theodorus Maria Wilderbeek appointed chair of the board
  • Gijsbert Veerman appointed board member
  • Paul Kornilius Brons appointed board member

Related companies

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Same people in management

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.

View in CVRReport a correction