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Msd Danmark ApS

Private limited companyCVR 29883718København VActive

Msd Danmark ApS is a private limited company, based in København V, active in wholesale of pharmaceutical goods and nursing supplies, founded in 1970. Net profit rose 13% from 2024 to 2025, ending at DKK 16.9m. With 132 employees, the company is about 15 times larger than the industry median. Equity fell to DKK 35.1m in 2025.

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Key figures · financial year 2025

RevenueDKK 417.9m+23.7% vs. 2024
Net profitDKK 16.9m+12.7% vs. 2024
EquityDKK 35.1m−55.1% vs. 2024
Employees132latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 5% (2024 → 2025), to DKK 117.9m.
  • Revenue rose 24% (2024 → 2025), to DKK 417.9m.
  • Net profit rose 13% (2024 → 2025), to DKK 16.9m.
  • Equity fell 55% (2024 → 2025), to DKK 35.1m.

Employees

  • 9 more employees than a year earlier: 132 (07/2026) against 123 (07/2025).

Management and owners, last 24 months

  • New in management: Christian Keskin Søeborg (director, 31/10/2024) and Søren Granhøj Pedersen (director, 01/04/2025).
  • Stepped down: Torstein Ljøkjel Erskov Winterstø (director, 01/04/2025) and Ece Bayrak (director, 31/10/2024).

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 100m202020212022202320242025
EquityNet profit
Financial figures for Msd Danmark ApS
202020212022202320242025Change
Revenue754,065761,506706,516509,335337,936417,913+23.7%
Gross profit154,697147,628138,758143,646123,637117,926−4.6%
Operating profit (EBIT)24,82035,04031,22324,51620,54822,588+9.9%
Profit before tax22,11034,73331,35422,33619,08222,093+15.8%
Net profit16,53026,20026,67117,27114,94616,850+12.7%
Total assets386,565325,330327,474213,550162,904197,334+21.1%
Equity73,20699,40646,07763,34878,29435,144−55.1%
Liabilities309,135225,730277,965148,40583,111161,590+94.4%
Cash and cash equivalents3601654,8641,34714461−57.6%
Average number of employees118112113124125128+2.4%

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 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140mDKK 160m202020212022202320242025
Gross profitMedian, the industry (232 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 55% from 2024 to 2025 (DKK 78.3m to DKK 35.1m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

  • 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 Danmark ApS
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 – 31/12/202107/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202001/07/2021The 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
02040608010012014008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
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 117.9mNo. 25 of 232
Better than 90% of the companies in the industry
EquityDKK 35.1mNo. 72 of 232
Better than 69% of the companies in the industry
Number of employees132No. 16 of 232
Better than 94% 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 50–199 employees4,467 companies in the comparison
No. 483of 4,412
Better than 89%
No. 1,578of 4,466
Better than 65%
Same industry and 50–199 employees30 companies in the comparison
No. 19of 30
Better than 38%
No. 23of 30
Better than 24%
Companies that are at least 30 years old10,276 companies in the comparison
No. 735of 10,152
Better than 93%
No. 2,516of 10,275
Better than 76%
All companies of type ApS66,508 companies in the comparison
No. 245of 66,379
Better than 100%
No. 2,797of 66,505
Better than 96%

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 Danmark ApSDKK 117.9m
  2. Ambu A/SDKK 3.6bn
  3. Stada Nordic ApSDKK 687m
Net profit
  1. Msd Danmark ApSDKK 16.9m
  2. Ambu A/SDKK 609m
  3. Stada Nordic ApSDKK 54.6m
Equity
  1. Msd Danmark ApSDKK 35.1m
  2. Ambu A/SDKK 6bn
  3. Stada Nordic ApSDKK 346.3m
Employees
  1. Msd Danmark ApS132
  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
  • MSD Human Health Holding B.V.100%
Msd Danmark ApS

Management

3 active registrations

Executive management

Executive management at Msd Danmark ApS
NameRoleAppointed
Emmanuel Guy Marie ThiéryDirector10/06/2022
Christian Keskin SøeborgDirector31/10/2024
Søren Granhøj PedersenDirector01/04/2025
Former management (30)
Former management at Msd Danmark ApS
NameRoleAppointedResigned
Kurt SkovlundBoard member01/09/197015/05/2006
Erik MünterChair of the board01/09/197001/02/1994
Carl Jan Olof HesseBoard member01/09/197021/07/1992
Carl Jan Olof HesseDirector01/09/197021/07/1992
Klaus-Peter Reinhardt SchrøderBoard member01/09/197020/06/1994
Klaus-Peter Reinhardt SchrøderDirector01/09/197020/06/1994
Claus Rudolf MittermaierBoard member01/09/197028/02/1989
Michael RedmondBoard member01/09/197013/09/1991
Rolf Hans-Jorg KummerBoard member01/09/197011/12/2003
Peter Legarth PetersenBoard member20/06/199403/05/2011
Peter Legarth PetersenCEO20/06/199431/10/2011
Carlos Gouvea DouradoBoard member11/12/200315/05/2006
Jesper LykkebergBoard member15/05/200628/05/2008
Paulus Theodorus KlaassenBoard member15/05/200628/05/2008
Ernest Kevin MooreChair of the board15/05/200628/05/2008
Maria Teresa Bernas HiladoBoard member28/05/200802/07/2009
Stijn Michiel EhrenBoard member28/05/200803/05/2011
Steven Hubrig KoehlerChair of the board28/05/200803/05/2011
Torben DahlDirector03/05/201101/12/2018
Christopher John ForemanDirector03/05/201114/10/2019
Patricia MassettiCEO15/11/201131/01/2014
Anita BruhinCEO01/02/201418/01/2016
Anita OuwerkerkCEO01/02/201401/11/2016
Dalya Iskander GayedDirector01/11/201601/12/2018
Andreas Daugaard JørgensenDirector01/12/201801/02/2021
Torstein Ljøkjel Erskov WinterstøDirector01/12/201801/04/2025
Funda Zeynep EkinciogluDirector14/10/201910/06/2022
Catherine Rebecca SidgreavesDirector01/02/202123/01/2023
Tea Egeskov ThomsenDirector02/03/202301/06/2023
Ece BayrakDirector01/06/202331/10/2024

Signing rule: Selskabet tegnes af enhver direkør alene eller af den samlede direktion.

Address and production units

1 active production units

Havneholmen 25
1561 København V

København Municipality · Postcode 1561

Other companies at the address (2)

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
MSD DANMARK ApSHavneholmen 25, 1561 København V1351003027314

Purpose

Selskabets formål er at udøve virksomhed indenfor industri og handel samt al virksomhed, som efter bestyrelsens skøn har forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

79 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20253 changesaccounts 1 · management 2
  • Annual report for 2024 published
  • Søren Granhøj Pedersen appointed director
  • Torstein Ljøkjel Erskov Winterstø stepped down as director
20243 changesmanagement 2 · accounts 1
  • Christian Keskin Søeborg appointed director
  • Ece Bayrak stepped down as director
  • Annual report for 2023 published
20235 changesaccounts 1 · management 4
  • Annual report for 2022 published
  • Ece Bayrak appointed director
  • Tea Egeskov Thomsen stepped down as director
  • Tea Egeskov Thomsen appointed director
  • Catherine Rebecca Sidgreaves stepped down as director
20223 changesaccounts 1 · management 2
  • Annual report for 2021 published
  • Emmanuel Guy Marie Thiéry appointed director
  • Funda Zeynep Ekincioglu stepped down as director
20213 changesaccounts 1 · management 2
  • Annual report for 2020 published
  • Catherine Rebecca Sidgreaves appointed director
  • Andreas Daugaard Jørgensen stepped down as director
20192 changesmanagement 2
  • Funda Zeynep Ekincioglu appointed director
  • Christopher John Foreman stepped down as director
20184 changesmanagement 4
  • Torstein Ljøkjel Erskov Winterstø appointed director
  • Andreas Daugaard Jørgensen appointed director
  • Dalya Iskander Gayed stepped down as director
  • Torben Dahl stepped down as director
20164 changesmanagement 3 · address 1
  • Dalya Iskander Gayed appointed director
  • Anita Ouwerkerk stepped down as ceo
  • Moved to Havneholmen 25, 1561 København V
  • Anita Bruhin stepped down as ceo
20143 changesmanagement 3
  • Anita Ouwerkerk appointed ceo
  • Anita Bruhin appointed ceo
  • Patricia Massetti stepped down as ceo
20121 changeownership 1
  • MSD Human Health Holding B.V. registered as owner (100%)
201110 changesmanagement 7 · address 1 · name 1 · capital 1
  • Patricia Massetti appointed ceo
  • Peter Legarth Petersen stepped down as ceo
  • Moved to Lautrupbjerg 4, 2750 Ballerup
  • Name changed from SCHERING-PLOUGH A/S to MSD DANMARK ApS
  • Share capital changed from 1,600,000 DKK to 1,601,000 DKK
  • Christopher John Foreman appointed director
  • Torben Dahl appointed director
  • Stijn Michiel Ehren stepped down as board member
  • Steven Hubrig Koehler stepped down as chair of the board
  • Peter Legarth Petersen stepped down as board member
20092 changesmerger 1 · management 1
  • Merger registered in CVR
  • Maria Teresa Bernas Hilado stepped down as board member
20086 changesmanagement 6
  • Stijn Michiel Ehren appointed board member
  • Maria Teresa Bernas Hilado appointed board member
  • Steven Hubrig Koehler appointed chair of the board
  • Jesper Lykkeberg stepped down as board member
  • Ernest Kevin Moore stepped down as chair of the board
  • Paulus Theodorus Klaassen stepped down as board member
20066 changesaddress 1 · management 5
  • Moved to Lautrupbjerg 2, 2750 Ballerup
  • Jesper Lykkeberg appointed board member
  • Ernest Kevin Moore appointed chair of the board
  • Paulus Theodorus Klaassen appointed board member
  • Carlos Gouvea Dourado stepped down as board member
  • Kurt Skovlund stepped down as board member
20032 changesmanagement 2
  • Carlos Gouvea Dourado appointed board member
  • Rolf Hans-Jorg Kummer stepped down as board member
20021 changecapital 1
  • Share capital changed from 1,500,000 DKK to 1,600,000 DKK
19945 changesmanagement 5
  • Peter Legarth Petersen appointed ceo
  • Peter Legarth Petersen appointed board member
  • Klaus-Peter Reinhardt Schrøder stepped down as director
  • Klaus-Peter Reinhardt Schrøder stepped down as board member
  • Erik Münter stepped down as chair of the board
19922 changesmanagement 2
  • Carl Jan Olof Hesse stepped down as director
  • Carl Jan Olof Hesse stepped down as board member
19911 changemanagement 1
  • Michael Redmond stepped down as board member
19892 changesname 1 · management 1
  • Name changed from ESSEX PHARMA A/S to SCHERING-PLOUGH A/S
  • Claus Rudolf Mittermaier stepped down as board member
197010 changesfounded 1 · management 9
  • Registered as ESSEX PHARMA A/S
  • Carl Jan Olof Hesse appointed director
  • Carl Jan Olof Hesse appointed board member
  • Kurt Skovlund appointed board member
  • Erik Münter appointed chair of the board
  • Rolf Hans-Jorg Kummer appointed board member
  • Michael Redmond appointed board member
  • Claus Rudolf Mittermaier appointed board member
  • Klaus-Peter Reinhardt Schrøder appointed director
  • Klaus-Peter Reinhardt Schrøder appointed board member

Related companies

Same industry in København

See all →

Same people in management

Largest in the industry

See all →

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 23/10/2026.

View in CVRReport a correction