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P. A. Savværk. Korinth A/S

Public limited companyCVR 87124118FaaborgActive

P. A. Savværk. Korinth A/S is a public limited company, based in Faaborg, active in sawmilling and planing of wood, founded in 1979. Net profit fell 19% from 2025 to 2026, ending at DKK 2.4m. Measured by gross profit, it ranks no. 9 of 31 companies in the industry in the database. With 32 employees, the company is about 4 times larger than the industry median.

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Key figures · financial year 2026

Gross profitDKK 16.8m−1.1% vs. 2025
Net profitDKK 2.4m−18.6% vs. 2025
EquityDKK 12.8m−4.7% vs. 2025
Employees32latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2026 against 2025

  • Gross profit fell 1% (2025 → 2026), to DKK 16.8m.
  • Net profit fell 19% (2025 → 2026), to DKK 2.4m.
  • Equity fell 5% (2025 → 2026), to DKK 12.8m.

Employees

  • 1 more employees than a year earlier: 32 (07/2026) against 31 (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 2021–2026 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16m202120222023202420252026
EquityNet profit
Financial figures for P. A. Savværk. Korinth A/S
202120222023202420252026Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit19,62820,57720,00218,39216,96816,788−1.1%
Operating profit (EBIT)5,2675,6834,6114,9183,8413,285−14.5%
Profit before tax5,3205,9144,4474,6583,7363,044−18.5%
Net profit4,1294,6113,4643,6172,9092,368−18.6%
Total assets36,00237,11732,92732,03027,76424,699−11%
Equity15,11214,39213,85714,47413,38312,752−4.7%
Liabilities20,18122,10518,46216,08213,27611,080−16.5%
Cash and cash equivalents4,8827092886136885−77%
Average number of employees404545353028−6.7%

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 2021, 2022, 2023, 2024, 2025, 2026: 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

DKK 0DKK 5mDKK 10mDKK 15mDKK 20m202120222023202420252026
Gross profitMedian, the industry (31 companies)

Signals from the financial statements

calculated from the 2026 figures

  • Profit for five years in a row

    Net result has been positive in 2022–2026.

    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 P. A. Savværk. Korinth A/S
Financial yearPeriodPublishedFigures forDocuments
202601/05/2025 – 30/04/202613/10/2026The companyPDF not statedXBRL
202501/05/2024 – 30/04/202503/11/2025The companyPDF not statedXBRL
202401/05/2023 – 30/04/202430/10/2024The companyPDFXBRL
202301/05/2022 – 30/04/202302/11/2023The companyPDFXBRL
202201/05/2021 – 30/04/202206/10/2022The companyPDFXBRL
202101/05/2020 – 30/04/202104/10/2021The 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
01020304007/2308/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2605/2606/2607/26
Employees

Position in the industry

31 companies in the database

Comparison with the other companies in sawmilling and planing of wood based on the latest financial year.

Gross profitDKK 16.8mNo. 9 of 31
Better than 73% of the companies in the industry
EquityDKK 12.8mNo. 12 of 31
Better than 63% of the companies in the industry
Number of employees32No. 7 of 31
Better than 80% of the companies in the industry

Industry median: gross profit DKK 6.1m, net profit DKK 594k, equity DKK 7.5m, 8 employees.

DKK 341kDKK 1.2mDKK 4.1mDKK 14.3mDKK 32.9mHere
Distribution of gross profit for 30 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. 3,674of 9,892
Better than 63%
No. 2,551of 9,922
Better than 74%
Companies that are at least 30 years old10,276 companies in the comparison
No. 3,157of 10,152
Better than 69%
No. 4,268of 10,275
Better than 58%
All companies of type A/S18,025 companies in the comparison
No. 6,719of 17,786
Better than 62%
No. 7,802of 18,024
Better than 57%

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

Sawmilling and planing of wood
Gross profit
  1. P. A. Savværk. Korinth A/SDKK 16.8m
  2. Dinesen Floors A/SDKK 49.9m
  3. Grønagergård Savværk A/SDKK 44.8m
Net profit
  1. P. A. Savværk. Korinth A/SDKK 2.4m
  2. Dinesen Floors A/S−DKK 11.1m
  3. Grønagergård Savværk A/SDKK 936k
Equity
  1. P. A. Savværk. Korinth A/SDKK 12.8m
  2. Dinesen Floors A/SDKK 50.2m
  3. Grønagergård Savværk A/SDKK 32.4m
Employees
  1. P. A. Savværk. Korinth A/S32
  2. Dinesen Floors A/S114
  3. Grønagergård Savværk A/S73

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
  • Kim Axelsen Holding ApS100%
P. A. Savværk. Korinth A/S

Management

5 active registrations

Executive management

Executive management at P. A. Savværk. Korinth A/S
NameRoleAppointed
Kim Højvang AxelsenDirector21/09/2007

Board of directors

Board of directors at P. A. Savværk. Korinth A/S
NameRoleAppointed
Kim Højvang AxelsenBoard member20/09/1996
John BojesenBoard member21/09/2007
Christian BjergBoard member21/09/2007
Lars-Henrik Thorshauge ErmoseChair of the board02/09/2009
Former management (8)
Former management at P. A. Savværk. Korinth A/S
NameRoleAppointedResigned
Thomas Ottenius AxelsenBoard member28/11/197903/10/1990
Maren Marie Højvang AxelsenBoard member28/11/197921/09/2007
Flemming AndersenBoard member28/11/197921/09/2007
Per AxelsenBoard member28/11/197921/09/2007
Per AxelsenDirector28/11/197921/09/2007
Britt Axelsen KøbkeBoard member20/09/199621/09/2007
Rasmus GreveBoard member21/09/200721/08/2013
Peter Breum BlohmChair of the board21/09/200702/09/2009

Signing rule: Selskabet tegnes af direktionen

Address and production units

2 active production units

Kaj Lykkesvej 13
5600 Faaborg

Faaborg-Midtfyn Municipality · Postcode 5600

Production units
Production unitAddressEmployeesP number
P. A. SAVVÆRK. KORINTH A/SKaj Lykkesvej 13, Korinth, 5600 Faaborg11002764796
PA Savværk Korinth A/SHundstrupvej 29, 5750 Ringe11021367830

Purpose

Selskabets formål er savværksdrift og handel

The purpose is quoted from the register in Danish.

Changes year by year

32 registered events
20261 changeaccounts 1
  • Annual report for 2026 published
20251 changeaccounts 1
  • Annual report for 2025 published
20241 changeaccounts 1
  • Annual report for 2024 published
20231 changeaccounts 1
  • Annual report for 2023 published
20221 changeaccounts 1
  • Annual report for 2022 published
20211 changeaccounts 1
  • Annual report for 2021 published
20131 changemanagement 1
  • Rasmus Greve stepped down as board member
20092 changesmanagement 2
  • Lars-Henrik Thorshauge Ermose appointed chair of the board
  • Peter Breum Blohm stepped down as chair of the board
20081 changeindustry 1
  • Industry changed to Udsavning og høvling af træ (161000)
200712 changesmanagement 10 · address 1 · ownership 1
  • Rasmus Greve appointed board member
  • Peter Breum Blohm appointed chair of the board
  • Kim Højvang Axelsen appointed director
  • John Bojesen appointed board member
  • Christian Bjerg appointed board member
  • Britt Axelsen Købke stepped down as board member
  • Per Axelsen stepped down as board member
  • Per Axelsen stepped down as director
  • Flemming Andersen stepped down as board member
  • Maren Marie Højvang Axelsen stepped down as board member
  • Moved to Kaj Lykkesvej 13, Korinth, 5600 Faaborg
  • KIM AXELSEN HOLDING ApS registered as owner (100%)
19962 changesmanagement 2
  • Kim Højvang Axelsen appointed board member
  • Britt Axelsen Købke appointed board member
19931 changecapital 1
  • Share capital changed from 300,000 DKK to 500,000 DKK
19901 changemanagement 1
  • Thomas Ottenius Axelsen stepped down as board member
19796 changesfounded 1 · management 5
  • Registered as P. A. SAVVÆRK. KORINTH A/S
  • Thomas Ottenius Axelsen appointed board member
  • Per Axelsen appointed board member
  • Per Axelsen appointed director
  • Flemming Andersen appointed board member
  • Maren Marie Højvang Axelsen appointed board member

Related companies

Same industry in Faaborg-Midtfyn

See all →

Same people in management

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.

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