Norgren A/S
Public limited companyCVR 63569615BallerupActive
Norgren A/S is a public limited company, based in Ballerup, active in wholesale of machine tools, founded in 1966. Net profit rose 322% from 2024 to 2025, ending at DKK 16.5m. With 24 employees, the company is about 4 times larger than the industry median. Equity grew to DKK 24.7m in 2025.
Key figures · financial year 2025
Gross profitDKK 32.6m+47.1% vs. 2024
Net profitDKK 16.5m+322% vs. 2024
EquityDKK 24.7m+198.7% vs. 2024
Employees24latest month from CVR
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 47% (2024 → 2025), to DKK 32.6m.
- Net profit rose 322% (2024 → 2025), to DKK 16.5m.
- Equity rose 199% (2024 → 2025), to DKK 24.7m.
Employees
- 1 more employees than a year earlier: 24 (07/2026) against 23 (07/2025).
Management and owners, last 24 months
- New in management: Mogens Stig Rasmussen (deputy chair, 29/04/2026), Adam Wright (chair of the board, 29/04/2026) and Lone Bidstrup Tikkanen (chair of the board, 01/05/2025) (+1).
- Stepped down: Lone Bidstrup Tikkanen (deputy chair, 30/04/2025), Eduard Camps (chair of the board, 01/05/2025) and Lone Bidstrup Tikkanen (chair of the board, 29/04/2026) (+1).
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 | 30,442 | 28,619 | 26,729 | 21,726 | 22,193 | 32,647 | +47.1% |
| Operating profit (EBIT) | 2,677 | 2,378 | 1,641 | 2,563 | 1,714 | 14,999 | +774.8% |
| Profit before tax | 6,259 | 6,035 | 5,250 | 5,169 | 4,065 | 18,418 | +353.1% |
| Net profit | 5,733 | 5,575 | 4,935 | 4,841 | 3,899 | 16,453 | +322% |
| Total assets | 29,887 | 28,813 | 27,005 | 26,013 | 32,509 | 30,557 | −6% |
| Equity | 10,236 | 10,006 | 9,541 | 9,481 | 8,280 | 24,732 | +198.7% |
| Liabilities | 18,949 | 18,256 | 17,008 | 16,119 | 23,765 | 5,824 | −75.5% |
| Cash and cash equivalents | 2,338 | 1,234 | 1,659 | 63 | 424 | 11,874 | +2,699.3% |
| Average number of employees | 41 | 38 | 34 | 24 | 24 | 23 | −4.2% |
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
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 | 18/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 14/05/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 07/05/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 09/05/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 09/07/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 29/04/2021 | The company | 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
157 companies in the databaseComparison with the other companies in wholesale of machine tools based on the latest financial year.
Gross profitDKK 32.6mNo. 14 of 157
Better than 92% of the companies in the industry
EquityDKK 24.7mNo. 24 of 157
Better than 85% of the companies in the industry
Number of employees24No. 25 of 157
Better than 85% of the companies in the industry
Industry median: gross profit DKK 5.7m, net profit DKK 760k, equity DKK 5.4m, 6 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 1,138of 9,892 Better than 89% | No. 1,445of 9,922 Better than 85% |
| Same industry and 20–49 employees25 companies in the comparison | No. 7of 25 Better than 75% | No. 12of 25 Better than 54% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 2,020of 10,152 Better than 80% | No. 3,033of 10,275 Better than 70% |
| All companies of type A/S18,025 companies in the comparison | No. 4,120of 17,786 Better than 77% | No. 5,495of 18,024 Better than 70% |
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 machine toolsGross profit
- Norgren A/SDKK 32.6m
- Würth Danmark A/SDKK 493m
- Robert Bosch A/SDKK 229.5m
Net profit
- Norgren A/SDKK 16.5m
- Würth Danmark A/SDKK 42.8m
- Robert Bosch A/SDKK 34.5m
Equity
- Norgren A/SDKK 24.7m
- Würth Danmark A/SDKK 320.5m
- Robert Bosch A/SDKK 100.3m
Employees
- Norgren A/S24
- Würth Danmark A/S650
- Robert Bosch A/S199
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterOwners
- IMI Overseas Investment Ltd100%
Norgren A/S
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Johnny Andersen | CEO | 24/04/2024 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Johnny Andersen | Board member | 24/04/2024 |
| Mogens Stig Rasmussen | Deputy chair | 29/04/2026 |
| Adam Wright | Chair of the board | 29/04/2026 |
Former management (57)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Steen Ertberg Christensen | Deputy chair | 15/06/1966 | 20/04/2010 |
| Ove Nielsen | Board member | 15/06/1966 | 18/04/2002 |
| Ove Nielsen | Director | 15/06/1966 | 15/04/2002 |
| Svend Christensen | Board member | 15/06/1966 | 26/07/1990 |
| Niels Jørgen Olsen | Deputy board member | 15/06/1966 | 30/10/1991 |
| Peter Eggert Eriksen | Board member | 15/06/1966 | 01/10/2003 |
| Jan Christensen | Board member | 15/06/1966 | 30/10/1991 |
| Tina Cramer Keil Nielsen | Deputy board member | 15/06/1966 | 30/10/1991 |
| Jan Gilberg | Board member | 15/06/1966 | 30/05/1995 |
| David Reginal Laurie Lyon | Board member | 15/06/1966 | 10/08/1988 |
| Hans Georg Cremer | Board member | 15/06/1966 | 14/07/1992 |
| Nicolas Campbell Paul | Board member | 15/06/1966 | 18/07/1989 |
| Richard Stuart Johnson | Chair of the board | 15/06/1966 | 14/07/1992 |
| Lone Becker Pedersen | Board member | 30/05/1995 | 29/08/2007 |
| David Howard Oldham | Board member | 28/05/1997 | 28/05/1997 |
| Anthony Nigel Morris | Chair of the board | 28/05/1997 | 25/05/1998 |
| Johann Stephan Stebler | Chair of the board | 25/05/1998 | 17/09/2002 |
| Niels Michael Barfod Jakobsen | Board member | 18/04/2002 | 29/04/2003 |
| Niels Michael Barfod Jakobsen | CEO | 18/04/2002 | 25/03/2003 |
| Stephan Mey | Chair of the board | 17/09/2002 | 15/03/2005 |
| Jörgen Roland Erholm | Director | 25/03/2003 | 05/09/2007 |
| Jörgen Roland Erholm | Board member | 29/04/2003 | 05/09/2007 |
| Søren Madsen | Board member | 01/10/2003 | 29/08/2007 |
| Paul Douglas Cleaver | Chair of the board | 15/03/2005 | 15/11/2005 |
| Peter Matton | Chair of the board | 15/11/2005 | 28/04/2009 |
| Niels Jørgen Olsen | Deputy board member | 29/08/2007 | 07/09/2011 |
| Eilif Radov | Deputy board member | 29/08/2007 | 07/09/2011 |
| Jørgen Lundholm Larsen | Board member | 29/08/2007 | 30/04/2019 |
| Jesper Bach | Board member | 05/09/2007 | 27/04/2015 |
| Jesper Bach | Director | 05/09/2007 | 27/04/2015 |
| Mark Wrigley | Chair of the board | 28/04/2009 | 27/04/2011 |
| Lars Brødsgaard Abrahamsen | Deputy chair | 20/04/2010 | 28/04/2016 |
| Kelvin William John Austin | Chair of the board | 27/04/2011 | 27/04/2015 |
| Troels Søgaard | Board member | 07/09/2011 | 28/04/2020 |
| Mikkel Ekwall | Deputy board member | 07/09/2011 | 13/12/2016 |
| Lisbeth Flindt | Deputy board member | 07/09/2011 | 13/12/2016 |
| Mark Wrigley | Board member | 27/04/2015 | 13/12/2016 |
| Mark Wrigley | CEO | 27/04/2015 | 13/12/2016 |
| Fraser Neil Winton | Chair of the board | 27/04/2015 | 25/08/2016 |
| Johnny Andersen | Deputy chair | 28/04/2016 | 12/12/2016 |
| Stefan Lundh | Chair of the board | 25/08/2016 | 12/12/2016 |
| Johnny Andersen | Chair of the board | 13/12/2016 | 26/04/2021 |
| Johnny Hansen | Deputy chair | 13/12/2016 | 13/08/2018 |
| Stefan Lundh | Board member | 13/12/2016 | 13/08/2018 |
| Stefan Lundh | CEO | 13/12/2016 | 13/08/2018 |
| Lone Bidstrup Tikkanen | CEO | 01/07/2018 | 24/04/2024 |
| Lone Bidstrup Tikkanen | Board member | 13/08/2018 | 23/04/2024 |
| Vibeke Aagaard Nyberg | Deputy chair | 13/08/2018 | 18/10/2019 |
| Mogens Stig Rasmussen | Board member | 28/04/2020 | 02/05/2023 |
| Johnny Andersen | Deputy chair | 27/04/2021 | 23/04/2024 |
| Andrew Robert Bruce | Chair of the board | 27/04/2021 | 02/05/2023 |
| Andrew Robert Bruce | Director | 27/04/2021 | 02/05/2023 |
| Michael Thomas Van Harten | Chair of the board | 02/05/2023 | 24/04/2024 |
| Lone Bidstrup Tikkanen | Deputy chair | 24/04/2024 | 30/04/2025 |
| Eduard Camps | Chair of the board | 24/04/2024 | 01/05/2025 |
| Lone Bidstrup Tikkanen | Chair of the board | 01/05/2025 | 29/04/2026 |
| Adam Wright | Deputy chair | 01/05/2025 | 28/04/2026 |
Signing rule: Selskabet tegnes af to medlemmer af bestyrelsen i forening, hvoraf det ene skal være formanden eller næstformanden, eller af formanden eller næstformanden i forening med en direktør.
Address and production units
1 active production unitsBorupvang 3
2750 Ballerup
Ballerup Municipality · Postcode 2750
Other companies at the address (8)
- Hitachi Energy Denmark A/SWholesale of other machinery and equipment
- WeFly A/SGeological surveying and prospecting, land surveyors
- Better Health ApSOther human health activities n.e.c.
- Cambridge Mechatronics (Denmark) ApSResearch and experimental development on natural sciences and engineering
- Nord Technology A/SComputer consultancy and computer facilities management
| Production unit | Address | Employees | P number |
|---|---|---|---|
| NORGREN A/S | Borupvang 3, st, 2750 Ballerup | 24 | 1003154134 |
Purpose
Selskabets formål er at drive fabrikation af og handel med maskiner og maskindele samt at eje ejendommen Vesterlundvej 18, Herlev.
The purpose is quoted from the register in Danish.
Changes year by year
129 registered events62015
142016
02017
62018
22019
22020
52021
12022
52023
102024
52025
52026
20265 changesaccounts 1 · management 4
- AccountsAnnual report for 2025 published
- ManagementMogens Stig Rasmussen appointed deputy chair
- ManagementAdam Wright appointed chair of the board
- ManagementLone Bidstrup Tikkanen stepped down as chair of the board
- ManagementAdam Wright stepped down as deputy chair
20255 changesaccounts 1 · management 4
- AccountsAnnual report for 2024 published
- ManagementAdam Wright appointed deputy chair
- ManagementLone Bidstrup Tikkanen appointed chair of the board
- ManagementEduard Camps stepped down as chair of the board
- ManagementLone Bidstrup Tikkanen stepped down as deputy chair
202410 changesaddress 1 · accounts 1 · management 8
- AddressMoved to Borupvang 3, st, 2750 Ballerup
- AccountsAnnual report for 2023 published
- ManagementLone Bidstrup Tikkanen appointed deputy chair
- ManagementJohnny Andersen appointed ceo
- ManagementJohnny Andersen appointed board member
- ManagementEduard Camps appointed chair of the board
- ManagementMichael Thomas Van Harten stepped down as chair of the board
- ManagementLone Bidstrup Tikkanen stepped down as ceo
- ManagementJohnny Andersen stepped down as deputy chair
- ManagementLone Bidstrup Tikkanen stepped down as board member
20235 changesaccounts 1 · management 4
- AccountsAnnual report for 2022 published
- ManagementMichael Thomas Van Harten appointed chair of the board
- ManagementAndrew Robert Bruce stepped down as director
- ManagementAndrew Robert Bruce stepped down as chair of the board
- ManagementMogens Stig Rasmussen stepped down as board member
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20215 changesaccounts 1 · management 4
- AccountsAnnual report for 2020 published
- ManagementJohnny Andersen appointed deputy chair
- ManagementAndrew Robert Bruce appointed director
- ManagementAndrew Robert Bruce appointed chair of the board
- ManagementJohnny Andersen stepped down as chair of the board
20202 changesmanagement 2
- ManagementMogens Stig Rasmussen appointed board member
- ManagementTroels Søgaard stepped down as board member
20192 changesmanagement 2
- ManagementVibeke Aagaard Nyberg stepped down as deputy chair
- ManagementJørgen Lundholm Larsen stepped down as board member
20186 changesmanagement 6
- ManagementLone Bidstrup Tikkanen appointed board member
- ManagementVibeke Aagaard Nyberg appointed deputy chair
- ManagementJohnny Hansen stepped down as deputy chair
- ManagementStefan Lundh stepped down as ceo
- ManagementStefan Lundh stepped down as board member
- ManagementLone Bidstrup Tikkanen appointed ceo
201614 changesmanagement 14
- ManagementJohnny Hansen appointed deputy chair
- ManagementStefan Lundh appointed ceo
- ManagementStefan Lundh appointed board member
- ManagementJohnny Andersen appointed chair of the board
- ManagementMark Wrigley stepped down as ceo
- ManagementMark Wrigley stepped down as board member
- ManagementMikkel Ekwall stepped down as deputy board member
- ManagementLisbeth Flindt stepped down as deputy board member
- ManagementStefan Lundh stepped down as chair of the board
- ManagementJohnny Andersen stepped down as deputy chair
- ManagementStefan Lundh appointed chair of the board
- ManagementFraser Neil Winton stepped down as chair of the board
- ManagementJohnny Andersen appointed deputy chair
- ManagementLars Brødsgaard Abrahamsen stepped down as deputy chair
20156 changesmanagement 6
- ManagementMark Wrigley appointed ceo
- ManagementFraser Neil Winton appointed chair of the board
- ManagementMark Wrigley appointed board member
- ManagementKelvin William John Austin stepped down as chair of the board
- ManagementJesper Bach stepped down as board member
- ManagementJesper Bach stepped down as director
20117 changesmanagement 7
- ManagementMikkel Ekwall appointed deputy board member
- ManagementLisbeth Flindt appointed deputy board member
- ManagementTroels Søgaard appointed board member
- ManagementEilif Radov stepped down as deputy board member
- ManagementNiels Jørgen Olsen stepped down as deputy board member
- ManagementKelvin William John Austin appointed chair of the board
- ManagementMark Wrigley stepped down as chair of the board
20101 changemanagement 1
- ManagementLars Brødsgaard Abrahamsen appointed deputy chair
20092 changesmanagement 2
- ManagementMark Wrigley appointed chair of the board
- ManagementPeter Matton stepped down as chair of the board
20081 changeindustry 1
- IndustryIndustry changed to Wholesale of machine tools (466200)
20079 changesmanagement 9
- ManagementJesper Bach appointed board member
- ManagementJesper Bach appointed director
- ManagementJörgen Roland Erholm stepped down as board member
- ManagementJörgen Roland Erholm stepped down as director
- ManagementJørgen Lundholm Larsen appointed board member
- ManagementEilif Radov appointed deputy board member
- ManagementNiels Jørgen Olsen appointed deputy board member
- ManagementSøren Madsen stepped down as board member
- ManagementLone Becker Pedersen stepped down as board member
20054 changesmanagement 4
- ManagementPeter Matton appointed chair of the board
- ManagementPaul Douglas Cleaver stepped down as chair of the board
- ManagementPaul Douglas Cleaver appointed chair of the board
- ManagementStephan Mey stepped down as chair of the board
20041 changename 1
- NameName changed from IMI NORGREN A/S to NORGREN A/S
20036 changesmanagement 6
- ManagementSøren Madsen appointed board member
- ManagementPeter Eggert Eriksen stepped down as board member
- ManagementJörgen Roland Erholm appointed board member
- ManagementNiels Michael Barfod Jakobsen stepped down as board member
- ManagementJörgen Roland Erholm appointed director
- ManagementNiels Michael Barfod Jakobsen stepped down as ceo
20026 changesmanagement 6
- ManagementStephan Mey appointed chair of the board
- ManagementJohann Stephan Stebler stepped down as chair of the board
- ManagementNiels Michael Barfod Jakobsen appointed board member
- ManagementNiels Michael Barfod Jakobsen appointed ceo
- ManagementOve Nielsen stepped down as board member
- ManagementOve Nielsen stepped down as director
19982 changesmanagement 2
- ManagementJohann Stephan Stebler appointed chair of the board
- ManagementAnthony Nigel Morris stepped down as chair of the board
19973 changesmanagement 3
- ManagementDavid Howard Oldham appointed board member
- ManagementDavid Howard Oldham stepped down as board member
- ManagementAnthony Nigel Morris appointed chair of the board
19954 changesownership 1 · name 1 · management 2
- OwnershipIMI Overseas Investment Ltd registered as owner (100%)
- NameName changed from NORGREN MARTONAIR A/S to IMI NORGREN A/S
- ManagementLone Becker Pedersen appointed board member
- ManagementJan Gilberg stepped down as board member
19922 changesmanagement 2
- ManagementRichard Stuart Johnson stepped down as chair of the board
- ManagementHans Georg Cremer stepped down as board member
19913 changesmanagement 3
- ManagementTina Cramer Keil Nielsen stepped down as deputy board member
- ManagementJan Christensen stepped down as board member
- ManagementNiels Jørgen Olsen stepped down as deputy board member
19901 changemanagement 1
- ManagementSvend Christensen stepped down as board member
19891 changemanagement 1
- ManagementNicolas Campbell Paul stepped down as board member
19881 changemanagement 1
- ManagementDavid Reginal Laurie Lyon stepped down as board member
19871 changename 1
- NameName changed from AKTIESELSKABET MARTONAIR to NORGREN MARTONAIR A/S
196613 changesfounded 1 · management 12
- FoundedRegistered as AKTIESELSKABET MARTONAIR
- ManagementOve Nielsen appointed board member
- ManagementRichard Stuart Johnson appointed chair of the board
- ManagementNicolas Campbell Paul appointed board member
- ManagementHans Georg Cremer appointed board member
- ManagementDavid Reginal Laurie Lyon appointed board member
- ManagementJan Gilberg appointed board member
- ManagementTina Cramer Keil Nielsen appointed deputy board member
- ManagementJan Christensen appointed board member
- ManagementPeter Eggert Eriksen appointed board member
- ManagementNiels Jørgen Olsen appointed deputy board member
- ManagementSvend Christensen appointed board member
- ManagementOve Nielsen appointed director
Related companies
Same industry in Ballerup
- Robert Bosch A/S199 employees
- Siso A/S30 employees
- Mouldpro ApS19 employees
- Power-flex ApS18 employees
- PMC Hydraulics A/S10 employees
- Kemppi A/S5 employees
Same people in management
- Nykredit Realkredit A/Svia Steen Ertberg Christensen
- Persolit Entreprenørfirma A/Svia Steen Ertberg Christensen
- Alfa Laval Nakskov A/Svia Jesper Bach
- Hans Følsgaard A/Svia Niels Michael Barfod Jakobsen
- RS Components A/Svia Svend Christensen
- Reproflex Scandinavia A/Svia Jesper Bach
Largest in the industry
- Würth Danmark A/SDKK 493m
- Robert Bosch A/SDKK 229.5m
- Kjv A/SDKK 111m
- Gibotech A/SDKK 106.5m
- Pti Europa A/SDKK 71.9m
- Masentia A/SDKK 52.9m
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.