Nowaco A/S
Public limited companyCVR 62497718AalborgActive
Nowaco A/S is a public limited company, based in Aalborg, active in wholesale of meat and meat products, founded in 1963. Net profit rose 219% from 2024 to 2025, ending at DKK 56.2m. Measured by gross profit, it ranks no. 4 of 91 companies in the industry in the database. With 101 employees, the company is about 10 times larger than the industry median.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 57% (2024 → 2025), to DKK 175.3m.
- Revenue rose 27% (2024 → 2025), to DKK 4.1bn.
- Net profit rose 219% (2024 → 2025), to DKK 56.2m.
- Equity rose 14% (2024 → 2025), to DKK 476.2m.
Employees
- 7 more employees than a year earlier: 101 (07/2026) against 94 (07/2025).
Management and owners, last 24 months
- New in management: Peter Lau Lauritzen (chair of the board, 08/06/2026), Kasper Lenbroch (board member, 08/06/2026) and Asbjørn Kaas Kastaniegaard (board member, 08/06/2026).
- Stepped down: Tom Leth Jensen (director, 28/11/2025), Peter Normann (board member, 18/06/2025) and Mikael Thinghuus (chair of the board, 08/06/2026).
- New owners registered: Nowaco Holding A/S (29/11/2024).
- No longer registered as owner: Nowaco Invest 2012 ApS (29/11/2024) and Nowaco Holding A/S (28/11/2024).
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | 2,718,290 | 3,097,928 | 3,442,000 | 3,229,927 | 3,219,752 | 4,086,219 | +26.9% |
| Gross profit | 126,106 | 120,186 | 198,100 | 123,051 | 111,899 | 175,287 | +56.6% |
| Operating profit (EBIT) | 57,028 | 46,939 | 68,578 | 47,177 | 28,981 | 76,717 | +164.7% |
| Profit before tax | 60,153 | 50,104 | 71,172 | 44,402 | 22,722 | 72,129 | +217.4% |
| Net profit | 46,947 | 39,168 | 56,500 | 34,568 | 17,603 | 56,165 | +219.1% |
| Total assets | 505,229 | 777,858 | 938,400 | 914,482 | 874,439 | 1,011,051 | +15.6% |
| Equity | 339,134 | 362,566 | 404,300 | 423,717 | 417,106 | 476,157 | +14.2% |
| Liabilities | 165,349 | 414,595 | – | 489,930 | – | – | – |
| Cash and cash equivalents | 69,344 | 9,238 | 17,100 | 6,939 | 10,529 | 12,157 | +15.5% |
| Average number of employees | 170 | 175 | 171 | 175 | 178 | 190 | +6.7% |
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.
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 | 12/06/2026 | The group | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 25/06/2025 | The group | PDF not statedXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 08/07/2024 | The group | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 20/03/2023 | The group | PDF not statedXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 21/03/2022 | The group | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 09/03/2021 | 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
91 companies in the databaseComparison with the other companies in wholesale of meat and meat products based on the latest financial year.
Industry median: gross profit DKK 10.5m, net profit DKK 1m, equity DKK 7.9m, 10 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. 227of 4,412 Better than 95% | No. 155of 4,466 Better than 97% |
| Same industry and 50–199 employees14 companies in the comparison | No. 3of 14 Better than 85% | No. 1of 14 Better than 100% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 501of 10,152 Better than 95% | No. 386of 10,275 Better than 96% |
| All companies of type A/S18,025 companies in the comparison | No. 910of 17,786 Better than 95% | No. 744of 18,024 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 meat and meat products- Nowaco A/SDKK 175.3m
- Ess-food A/SDKK 227.5m
- Delika Food Group A/SDKK 198.7m
- Nowaco A/SDKK 56.2m
- Ess-food A/SDKK 34.2m
- Delika Food Group A/S−DKK 11.7m
- Nowaco A/SDKK 476.2m
- Ess-food A/SDKK 154.7m
- Delika Food Group A/SDKK 69.6m
- Nowaco A/S101
- Ess-food A/S89
- Delika Food Group A/S64
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Nowaco Invest 2014 ApS10%
- Nowaco Invest 2017 ApS10%
- Nowaco Invest 2023 ApS10%
- Nowaco Holding A/S90%
The ownership shares in the register add up to 120%. The register may contain older or indirect holdings that have not been closed. We show them as registered.
Management
9 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Katja Nowak Nielsen | CEO | 19/10/2018 |
| Peter Rasmussen | Director | 01/09/2022 |
| Jacob Dissing Hansen | Director | 01/01/2024 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Juttine Nielsen | Board member | 29/05/2007 |
| Peter Guldager Terkelsen | Board member | 25/08/2011 |
| Katja Nowak Nielsen | Board member | 22/06/2015 |
| Peter Lau Lauritzen | Chair of the board | 08/06/2026 |
| Kasper Lenbroch | Board member | 08/06/2026 |
| Asbjørn Kaas Kastaniegaard | Board member | 08/06/2026 |
Former management (35)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Michael Rostock | Board member | 01/05/1963 | 01/09/1993 |
| Hans Michael Thorhauge | Board member | 01/05/1963 | 03/10/1988 |
| Palle Hvass Dige | Board member | 01/05/1963 | 02/11/1987 |
| Bent Jørgensen Bøg | Board member | 01/05/1963 | 06/10/1994 |
| Niels Frank Thygesen | Board member | 01/05/1963 | 06/10/1994 |
| Niels Frank Thygesen | Director | 01/05/1963 | 06/10/1994 |
| Bent Erik Mikkelsen | Board member | 01/05/1963 | 02/11/1987 |
| Irving Munch Nielsen | Board member | 01/05/1963 | 14/04/1997 |
| Anne Margrethe Klæbel | Board member | 01/09/1993 | 06/10/1994 |
| Karl Otto Gjelstrup Nielsen | Board member | 06/10/1994 | 14/04/1997 |
| Karl Otto Gjelstrup Nielsen | Director | 06/10/1994 | 14/04/1997 |
| Peer Slynge | Board member | 06/10/1994 | 22/08/1997 |
| Peer Slynge | Director | 06/10/1994 | 01/11/1997 |
| Preben Kurt Nielsen | Chair of the board | 09/04/2003 | 29/11/2005 |
| Bjarne Lunde Skov Poulsen | Board member | 09/04/2003 | 31/03/2006 |
| Steen Damsgård Pedersen | Director | 09/04/2003 | 29/11/2005 |
| Per Søndergaard Pedersen | Chair of the board | 29/11/2005 | 26/05/2020 |
| Preben Kurt Nielsen | CEO | 29/11/2005 | 19/10/2018 |
| Tina Nowak Terkelsen | Board member | 31/03/2006 | 25/08/2011 |
| Per Stride | Director | 01/11/2006 | 30/09/2012 |
| Brian Schiønning Larsen | Director | 29/05/2007 | 31/07/2015 |
| Peter Fisker Olesen | Director | 25/06/2012 | 26/02/2021 |
| Jens Møller | Board member | 11/06/2014 | 21/06/2015 |
| Katja Nowak Nielsen | Deputy chair | 11/06/2014 | 21/06/2015 |
| Jens Møller | Deputy chair | 22/06/2015 | 09/04/2018 |
| Katja Nowak Nielsen | Director | 22/06/2015 | 18/10/2018 |
| Tom Leth Jensen | Director | 22/06/2015 | 28/11/2025 |
| Peter Haslund Wilhelmsson Tuure | Director | 01/01/2017 | 29/04/2021 |
| Torben Ballegaard Sørensen | Deputy chair | 09/04/2018 | 25/05/2020 |
| Anders Bauditz | Board member | 27/03/2020 | 18/03/2024 |
| Torben Ballegaard Sørensen | Chair of the board | 26/05/2020 | 18/03/2024 |
| Per Sørensen | Director | 07/06/2022 | 12/10/2022 |
| Mikael Thinghuus | Board member | 01/09/2022 | 17/03/2024 |
| Peter Normann | Board member | 18/03/2024 | 18/06/2025 |
| Mikael Thinghuus | Chair of the board | 18/03/2024 | 08/06/2026 |
Signing rule: Selskabet tegnes af den administrerende direktør alene, af en direktør i forening med et bestyrelsesmedlem eller af tre bestyrelsesmedlemmer i forening.
Address and production units
1 active production unitsPrinsensgade 15
9000 Aalborg
| Production unit | Address | Employees | P number |
|---|---|---|---|
| NOWACO A/S | Prinsensgade 15, 9000 Aalborg | 105 | 1002154981 |
Purpose
Selskabets formål er at drive handel og fabrikation samt enhver dermed efter bestyrelsens skøn beslægtet virksomhed, herunder gennem aktiebesiddelse i andre selskaber med tilsvarende formål
The purpose is quoted from the register in Danish.
Changes year by year
108 registered events20265 changesaccounts 1 · management 4
- AccountsAnnual report for 2025 published
- ManagementAsbjørn Kaas Kastaniegaard appointed board member
- ManagementKasper Lenbroch appointed board member
- ManagementPeter Lau Lauritzen appointed chair of the board
- ManagementMikael Thinghuus stepped down as chair of the board
20253 changesmanagement 2 · accounts 1
- ManagementTom Leth Jensen stepped down as director
- AccountsAnnual report for 2024 published
- ManagementPeter Normann stepped down as board member
202410 changesownership 3 · accounts 1 · management 6
- OwnershipNowaco Holding A/S registered as owner (90%)
- OwnershipNOWACO INVEST 2012 ApS is no longer registered as owner
- OwnershipNowaco Holding A/S is no longer registered as owner
- AccountsAnnual report for 2023 published
- ManagementMikael Thinghuus appointed chair of the board
- ManagementPeter Normann appointed board member
- ManagementTorben Ballegaard Sørensen stepped down as chair of the board
- ManagementAnders Bauditz stepped down as board member
- ManagementMikael Thinghuus stepped down as board member
- ManagementJacob Dissing Hansen appointed director
20234 changesownership 3 · accounts 1
- OwnershipNowaco Invest 2023 ApS registered as owner (10%)
- OwnershipNowaco Holding A/S registered as owner (90%)
- OwnershipTIKA HOLDING A/S is no longer registered as owner
- AccountsAnnual report for 2022 published
20227 changesownership 2 · management 4 · accounts 1
- OwnershipTIKA HOLDING A/S registered as owner (90%)
- OwnershipTIKA HOLDING A/S is no longer registered as owner
- ManagementPer Sørensen stepped down as director
- ManagementPeter Rasmussen appointed director
- ManagementMikael Thinghuus appointed board member
- ManagementPer Sørensen appointed director
- AccountsAnnual report for 2021 published
20213 changesmanagement 2 · accounts 1
- ManagementPeter Haslund Wilhelmsson Tuure stepped down as director
- AccountsAnnual report for 2020 published
- ManagementPeter Fisker Olesen stepped down as director
20204 changesmanagement 4
- ManagementTorben Ballegaard Sørensen appointed chair of the board
- ManagementPer Søndergaard Pedersen stepped down as chair of the board
- ManagementTorben Ballegaard Sørensen stepped down as deputy chair
- ManagementAnders Bauditz appointed board member
20185 changesmanagement 5
- ManagementKatja Nowak Nielsen appointed ceo
- ManagementPreben Kurt Nielsen stepped down as ceo
- ManagementKatja Nowak Nielsen stepped down as director
- ManagementTorben Ballegaard Sørensen appointed deputy chair
- ManagementJens Møller stepped down as deputy chair
20172 changesownership 1 · management 1
- OwnershipNowaco Invest 2017 ApS registered as owner (10%)
- ManagementPeter Haslund Wilhelmsson Tuure appointed director
20161 changeownership 1
- OwnershipNOWACO INVEST ApS is no longer registered as owner
20157 changesmanagement 7
- ManagementBrian Schiønning Larsen stepped down as director
- ManagementKatja Nowak Nielsen appointed director
- ManagementKatja Nowak Nielsen appointed board member
- ManagementTom Leth Jensen appointed director
- ManagementJens Møller appointed deputy chair
- ManagementJens Møller stepped down as board member
- ManagementKatja Nowak Nielsen stepped down as deputy chair
20144 changesownership 2 · management 2
- OwnershipNOWACO INVEST 2014 ApS registered as owner (10%)
- OwnershipTIKA HOLDING A/S registered as owner (66.67%)
- ManagementJens Møller appointed board member
- ManagementKatja Nowak Nielsen appointed deputy chair
20123 changesmanagement 2 · ownership 1
- ManagementPer Stride stepped down as director
- OwnershipNOWACO INVEST 2012 ApS registered as owner (10%)
- ManagementPeter Fisker Olesen appointed director
20112 changesmanagement 2
- ManagementPeter Guldager Terkelsen appointed board member
- ManagementTina Nowak Terkelsen stepped down as board member
20073 changesownership 1 · management 2
- OwnershipNOWACO INVEST ApS registered as owner (15%)
- ManagementJuttine Nielsen appointed board member
- ManagementBrian Schiønning Larsen appointed director
20063 changesmanagement 3
- ManagementPer Stride appointed director
- ManagementTina Nowak Terkelsen appointed board member
- ManagementBjarne Lunde Skov Poulsen stepped down as board member
20054 changesmanagement 4
- ManagementPer Søndergaard Pedersen appointed chair of the board
- ManagementPreben Kurt Nielsen appointed ceo
- ManagementPreben Kurt Nielsen stepped down as chair of the board
- ManagementSteen Damsgård Pedersen stepped down as director
20037 changesname 1 · address 2 · capital 1 · management 3
- NameName changed from NOWACO TRADING A/S to NOWACO A/S
- AddressMoved to Prinsensgade 15, 9000 Aalborg
- CapitalShare capital changed from 500,000 DKK to 20,000,000 DKK
- ManagementPreben Kurt Nielsen appointed chair of the board
- ManagementBjarne Lunde Skov Poulsen appointed board member
- ManagementSteen Damsgård Pedersen appointed director
- AddressMoved to Prinsensgade 15, 9100 Aalborg
19976 changesmanagement 5 · name 1
- ManagementPeer Slynge stepped down as director
- ManagementPeer Slynge stepped down as board member
- NameName changed from TOPP GROUP A/S to NOWACO TRADING A/S
- ManagementKarl Otto Gjelstrup Nielsen stepped down as board member
- ManagementKarl Otto Gjelstrup Nielsen stepped down as director
- ManagementIrving Munch Nielsen stepped down as board member
199410 changescapital 1 · name 1 · management 8
- CapitalShare capital changed from 750,000 DKK to 500,000 DKK
- NameName changed from CENTURY INVEST A/S to TOPP GROUP A/S
- ManagementKarl Otto Gjelstrup Nielsen appointed board member
- ManagementPeer Slynge appointed board member
- ManagementPeer Slynge appointed director
- ManagementKarl Otto Gjelstrup Nielsen appointed director
- ManagementAnne Margrethe Klæbel stepped down as board member
- ManagementNiels Frank Thygesen stepped down as director
- ManagementNiels Frank Thygesen stepped down as board member
- ManagementBent Jørgensen Bøg stepped down as board member
19933 changescapital 1 · management 2
- CapitalShare capital changed from 500,000 DKK to 750,000 DKK
- ManagementAnne Margrethe Klæbel appointed board member
- ManagementMichael Rostock stepped down as board member
19881 changemanagement 1
- ManagementHans Michael Thorhauge stepped down as board member
19872 changesmanagement 2
- ManagementBent Erik Mikkelsen stepped down as board member
- ManagementPalle Hvass Dige stepped down as board member
19639 changesfounded 1 · management 8
- FoundedRegistered as CENTURY INVEST A/S
- ManagementHans Michael Thorhauge appointed board member
- ManagementIrving Munch Nielsen appointed board member
- ManagementBent Erik Mikkelsen appointed board member
- ManagementNiels Frank Thygesen appointed director
- ManagementNiels Frank Thygesen appointed board member
- ManagementBent Jørgensen Bøg appointed board member
- ManagementPalle Hvass Dige appointed board member
- ManagementMichael Rostock appointed board member
Related companies
Same industry in Aalborg
- House of Foods A/S59 employees
- Tomex Danmark A/S55 employees
- Atlas Food A/S23 employees
- Carmo Foods A/S12 employees
- Wim Food A/S9 employees
- Smilla Food A/S4 employees
Same people in management
- Vestas Wind Systems A/Svia Torben Ballegaard Sørensen
- Ikea A/Svia Palle Hvass Dige
- Stark Danmark A/Svia Per Søndergaard Pedersen
- TV 2 Danmark A/Svia Peter Normann
- Legoland ApSvia Torben Ballegaard Sørensen
- Løvbjerg Supermarked A/Svia Jens Møller
Largest in the industry
- Ess-food A/SDKK 227.5m
- Delika Food Group A/SDKK 198.7m
- John Nielsen Finans ApSDKK 181m
- Bpi A/SDKK 121.5m
- J.N. MEAT International ApSDKK 119.2m
- Noridane Foods A/SDKK 102.9m
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.