Niebuhr Gears A/S
Public limited companyCVR 71150712IkastActive
Niebuhr Gears A/S is a public limited company, based in Ikast, active in manufacture of bearings, gears, gearing and driving elements, founded in 1982. Net profit rose 88% from 2024 to 2025, ending at DKK 12.6m. Measured by gross profit, it ranks no. 3 of 13 companies in the industry in the database. Profit has grown three years in a row.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 37% (2024 → 2025), to DKK 49.2m.
- Net profit rose 88% (2024 → 2025), to DKK 12.6m.
- Equity rose 2% (2024 → 2025), to DKK 115m.
Employees
- 5 more employees than a year earlier: 136 (07/2026) against 131 (07/2025).
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 37,728 | 37,927 | 38,499 | 34,025 | 35,855 | 49,248 | +37.4% |
| Operating profit (EBIT) | 15,660 | 13,891 | 13,878 | 9,980 | 13,240 | 22,747 | +71.8% |
| Profit before tax | 12,811 | 12,770 | 13,645 | 3,310 | 7,940 | 17,759 | +123.7% |
| Net profit | 9,582 | 9,895 | 10,556 | 2,091 | 6,690 | 12,559 | +87.7% |
| Total assets | 233,448 | 262,388 | 291,584 | 270,134 | 291,253 | 286,814 | −1.5% |
| Equity | 111,677 | 119,622 | 115,567 | 105,259 | 112,554 | 114,979 | +2.2% |
| Liabilities | 120,082 | 139,465 | 172,825 | 160,416 | 173,943 | 166,556 | −4.2% |
| Cash and cash equivalents | 3,662 | 4,985 | 245 | 4,474 | 2,783 | 4,472 | +60.7% |
| Average number of employees | 167 | 163 | 160 | 159 | 150 | 167 | +11.3% |
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, 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
Signals from the financial statements
calculated from the 2025 figuresProfit 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 20/04/2026 | The group | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 10/04/2025 | The group | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 15/04/2024 | The group | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 27/03/2023 | The group | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 04/04/2022 | The group | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 13/04/2021 | The group | PDFXBRL |
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 CVRPosition in the industry
13 companies in the databaseComparison with the other companies in manufacture of bearings, gears, gearing and driving elements based on the latest financial year.
Industry median: gross profit DKK 23.5m, net profit DKK 1.3m, equity DKK 16.6m, 23 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 50–199 employees4,467 companies in the comparison | No. 1,820of 4,412 Better than 59% | No. 596of 4,466 Better than 87% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 1,499of 10,152 Better than 85% | No. 1,141of 10,275 Better than 89% |
| All companies of type A/S18,025 companies in the comparison | No. 2,945of 17,786 Better than 83% | No. 2,067of 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
Manufacture of bearings, gears, gearing and driving elements- Niebuhr Gears A/SDKK 49.2m
- Bj-gear A/SDKK 91.3m
- Sew-eurodrive A/SDKK 57.6m
- Niebuhr Gears A/SDKK 12.6m
- Bj-gear A/SDKK 8.4m
- Sew-eurodrive A/SDKK 11.1m
- Niebuhr Gears A/SDKK 115m
- Bj-gear A/SDKK 40.4m
- Sew-eurodrive A/SDKK 123.4m
- Niebuhr Gears A/S136
- Bj-gear A/S110
- Sew-eurodrive A/S67
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Rasmus Holding ApS100%
Management
7 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Rasmus Holt Niebuhr | CEO | 24/11/2020 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Else Rasmussen | Board member | 24/09/2015 |
| Michael Sørensen | Board member | 24/09/2015 |
| Rasmus Holt Niebuhr | Board member | 23/04/2018 |
| Steen Pedersen | Deputy board member | 31/12/2019 |
| Per Thy Sørensen | Chair of the board | 28/03/2022 |
| Kurt Bering Sørensen | Board member | 18/08/2022 |
Former management (24)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Aksel Ejler Niebuhr | Board member | 29/06/1982 | 17/04/1999 |
| Anne Grethe Bøgesgaard Niebuhr | Board member | 29/06/1982 | 04/10/2007 |
| Rasmus Holt Niebuhr | Board member | 17/04/1999 | 01/10/2013 |
| Frank Niebuhr | Director | 07/06/2005 | 22/06/2005 |
| Rasmus Holt Niebuhr | Director | 22/06/2005 | 23/11/2020 |
| Palle Nørgaard | Board member | 16/05/2006 | 27/04/2017 |
| Hans Pedersen | Board member | 07/08/2006 | 29/09/2011 |
| Søren Bøgesgaard Niebuhr | Director | 04/10/2007 | 29/01/2010 |
| Per Thy Sørensen | Board member | 24/06/2010 | 21/05/2015 |
| Benny Arlund Kjærulff | Deputy board member | 29/09/2011 | 24/09/2015 |
| Per Halgaard | Board member | 29/09/2011 | 10/12/2013 |
| Steen Pedersen | Board member | 29/09/2011 | 23/09/2015 |
| Frank Niebuhr | Board member | 01/10/2013 | 22/05/2015 |
| Søren Bøgesgaard Niebuhr | Chair of the board | 01/10/2013 | 21/05/2015 |
| Birgit Mortensen | Board member | 10/12/2013 | 23/09/2015 |
| Søren Bøgesgaard Niebuhr | Board member | 22/05/2015 | 23/04/2018 |
| Per Thy Sørensen | Chair of the board | 22/05/2015 | 22/04/2018 |
| Mogens Filtenborg | Board member | 12/08/2015 | 22/04/2018 |
| Birgit Mortensen | Deputy board member | 24/09/2015 | 31/12/2019 |
| Steen Pedersen | Deputy board member | 24/09/2015 | 30/12/2019 |
| Mogens Filtenborg | Chair of the board | 23/04/2018 | 28/03/2022 |
| Per Thy Sørensen | Board member | 23/04/2018 | 27/03/2022 |
| Thomas Engelbrekt Rohde | Director | 24/11/2020 | 31/01/2022 |
| Katrine Holt Niebuhr | Board member | 28/03/2022 | 18/08/2022 |
Signing rule: Selskabet tegnes af den administrerende direktør alene, eller af en direktør i forening med den administrerende direktør, eller af to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.
Address and production units
2 active production unitsLa Cours Vej 8
7430 Ikast
| Production unit | Address | Employees | P number |
|---|---|---|---|
| NIEBUHR GEARS A/S | La Cours Vej 8, 7430 Ikast | 64 | 1002336310 |
| Niebuhr Gears A/S | La Cours Vej 1, 7430 Ikast | – | 1026559932 |
Purpose
Selskabets formål er at drive industri
The purpose is quoted from the register in Danish.
Changes year by year
74 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20228 changesmanagement 7 · accounts 1
- ManagementKurt Bering Sørensen appointed board member
- ManagementKatrine Holt Niebuhr stepped down as board member
- AccountsAnnual report for 2021 published
- ManagementKatrine Holt Niebuhr appointed board member
- ManagementPer Thy Sørensen appointed chair of the board
- ManagementMogens Filtenborg stepped down as chair of the board
- ManagementPer Thy Sørensen stepped down as board member
- ManagementThomas Engelbrekt Rohde stepped down as director
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20203 changesmanagement 3
- ManagementThomas Engelbrekt Rohde appointed director
- ManagementRasmus Holt Niebuhr appointed ceo
- ManagementRasmus Holt Niebuhr stepped down as director
20196 changesmanagement 3 · address 3
- ManagementSteen Pedersen appointed deputy board member
- ManagementBirgit Mortensen stepped down as deputy board member
- ManagementSteen Pedersen stepped down as deputy board member
- AddressMoved to La Cours Vej 8, 7430 Ikast
- AddressMoved to La Cours Vej 8, 7430 Ikast
- AddressMoved to La Cours Vej 8, 7430 Ikast
20186 changesmanagement 6
- ManagementRasmus Holt Niebuhr appointed board member
- ManagementMogens Filtenborg appointed chair of the board
- ManagementPer Thy Sørensen appointed board member
- ManagementSøren Bøgesgaard Niebuhr stepped down as board member
- ManagementMogens Filtenborg stepped down as board member
- ManagementPer Thy Sørensen stepped down as chair of the board
20172 changesname 1 · management 1
- NameName changed from NIEBUHR TANDHJULSFABRIK A/S to NIEBUHR GEARS A/S
- ManagementPalle Nørgaard stepped down as board member
201515 changesownership 2 · management 13
- OwnershipNIEBUHR HOLDING A/S is no longer registered as owner
- ManagementBirgit Mortensen appointed deputy board member
- ManagementMichael Sørensen appointed board member
- ManagementElse Rasmussen appointed board member
- ManagementSteen Pedersen appointed deputy board member
- ManagementBenny Arlund Kjærulff stepped down as deputy board member
- ManagementBirgit Mortensen stepped down as board member
- ManagementSteen Pedersen stepped down as board member
- ManagementMogens Filtenborg appointed board member
- ManagementSøren Bøgesgaard Niebuhr appointed board member
- ManagementPer Thy Sørensen appointed chair of the board
- ManagementFrank Niebuhr stepped down as board member
- ManagementSøren Bøgesgaard Niebuhr stepped down as chair of the board
- ManagementPer Thy Sørensen stepped down as board member
- OwnershipRASMUS HOLDING ApS registered as owner (100%)
20135 changesmanagement 5
- ManagementBirgit Mortensen appointed board member
- ManagementPer Halgaard stepped down as board member
- ManagementSøren Bøgesgaard Niebuhr appointed chair of the board
- ManagementFrank Niebuhr appointed board member
- ManagementRasmus Holt Niebuhr stepped down as board member
20114 changesmanagement 4
- ManagementSteen Pedersen appointed board member
- ManagementPer Halgaard appointed board member
- ManagementBenny Arlund Kjærulff appointed deputy board member
- ManagementHans Pedersen stepped down as board member
20104 changescapital 1 · management 2 · ownership 1
- CapitalShare capital changed from 500,000 DKK to 1,000,000 DKK
- ManagementPer Thy Sørensen appointed board member
- OwnershipNIEBUHR HOLDING A/S registered as owner (90%)
- ManagementSøren Bøgesgaard Niebuhr stepped down as director
20081 changeindustry 1
- IndustryIndustry changed to Manufacture of bearings, gears, gearing and driving elements (281500)
20073 changesmanagement 2 · address 1
- ManagementSøren Bøgesgaard Niebuhr appointed director
- ManagementAnne Grethe Bøgesgaard Niebuhr stepped down as board member
- AddressMoved to La Cours Vej 8, 7430 Ikast
20062 changesmanagement 2
- ManagementHans Pedersen appointed board member
- ManagementPalle Nørgaard appointed board member
20053 changesmanagement 3
- ManagementRasmus Holt Niebuhr appointed director
- ManagementFrank Niebuhr stepped down as director
- ManagementFrank Niebuhr appointed director
20011 changeaddress 1
- AddressMoved to La Cours Vej 8, 7430 Ikast
19992 changesmanagement 2
- ManagementRasmus Holt Niebuhr appointed board member
- ManagementAksel Ejler Niebuhr stepped down as board member
19941 changecapital 1
- CapitalShare capital changed from 300,000 DKK to 500,000 DKK
19823 changesfounded 1 · management 2
- FoundedRegistered as NIEBUHR TANDHJULSFABRIK A/S
- ManagementAksel Ejler Niebuhr appointed board member
- ManagementAnne Grethe Bøgesgaard Niebuhr appointed board member
Related companies
Same people in management
- Siemens Gamesa Renewable Energy A/Svia Palle Nørgaard
- Vestas Manufacturing A/Svia Mogens Filtenborg
- Vestas Wind Systems A/Svia Mogens Filtenborg
- Kemp & Lauritzen A/Svia Mogens Filtenborg
- Vestas Northern Europe A/Svia Mogens Filtenborg
- Dalgas A/Svia Mogens Filtenborg
Largest in the industry
- Bj-gear A/SDKK 91.3m
- Sew-eurodrive A/SDKK 57.6m
- Ceramicspeed A/SDKK 45.2m
- Randers Gears A/SDKK 31.5m
- Hero Gears A/SDKK 27.9m
- Jefa Marine A/SDKK 23.5m
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.