Palle Iversen A/S
Public limited companyCVR 73790212VejleActive
Palle Iversen A/S is a public limited company, based in Vejle, active in wholesale of metals and metal ores, founded in 1983. Gross profit is higher than that of 84% of the companies in the industry in the database. 6 people are registered in the company's management and ownership.
Key figures · financial year 2026
What has changed
calculated from recorded figures and datesFinancials: 2026 against 2025
- Net profit rose 2% (2025 → 2026), to DKK 9.2m.
- Equity rose 3% (2025 → 2026), to DKK 118.7m.
Employees
- 1 more employees than a year earlier: 18 (07/2026) against 17 (07/2025).
Management and owners, last 24 months
- New in management: Elsebeth Gylling Kjærsgaard (board member, 22/04/2026).
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 thousandEquity and net profit
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | 433,720 | 449,747 | 366,542 | not stated | – |
| Gross profit | 41,794 | 115,224 | 50,907 | 34,685 | 27,542 | 27,582 | +0.1% |
| Operating profit (EBIT) | 31,528 | 103,720 | 39,373 | 23,503 | 14,983 | 14,274 | −4.7% |
| Profit before tax | 30,048 | 102,752 | 38,778 | 20,369 | 11,570 | 11,843 | +2.4% |
| Net profit | 23,411 | 80,006 | 30,160 | 15,887 | 8,995 | 9,216 | +2.4% |
| Total assets | 183,672 | 274,093 | 236,418 | 219,195 | 247,706 | 263,272 | +6.3% |
| Equity | 72,039 | 140,345 | 130,505 | 116,236 | 114,913 | 118,728 | +3.3% |
| Liabilities | 107,184 | 131,849 | 103,702 | 99,284 | 129,426 | 141,190 | +9.1% |
| Cash and cash equivalents | 326 | 3,161 | 0 | 8,425 | 0 | 0 | 0% |
| Average number of employees | 18 | 17 | 17 | 15 | 15 | 16 | +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, 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
Signals from the financial statements
calculated from the 2026 figuresProfit 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2026 | 01/05/2025 – 30/04/2026 | 02/10/2026 | The company | PDF not statedXBRL |
| 2025 | 01/05/2024 – 30/04/2025 | 29/10/2025 | The company | PDF not statedXBRL |
| 2024 | 01/05/2023 – 30/04/2024 | 09/10/2024 | The company | PDFXBRL |
| 2023 | 01/05/2022 – 30/04/2023 | 12/09/2023 | The company | PDFXBRL |
| 2022 | 01/05/2021 – 30/04/2022 | 16/09/2022 | The company | PDFXBRL |
| 2021 | 01/05/2020 – 30/04/2021 | 01/10/2021 | 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
66 companies in the databaseComparison with the other companies in wholesale of metals and metal ores based on the latest financial year.
Industry median: gross profit DKK 5.7m, net profit DKK 1.6m, equity DKK 6.7m, 7 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 975of 69,742 Better than 99% | No. 1,574of 69,964 Better than 98% |
| Same industry and fewer than 20 employees53 companies in the comparison | No. 3of 53 Better than 96% | No. 3of 53 Better than 96% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 2,241of 10,152 Better than 78% | No. 1,119of 10,275 Better than 89% |
| All companies of type A/S18,025 companies in the comparison | No. 4,662of 17,786 Better than 74% | No. 2,027of 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
Wholesale of metals and metal ores- Palle Iversen A/SDKK 27.6m
- Lemvigh-müller A/SDKK 989.2m
- Dacapo Stainless A/SDKK 173.5m
- Palle Iversen A/SDKK 9.2m
- Lemvigh-müller A/SDKK 84.7m
- Dacapo Stainless A/SDKK 32m
- Palle Iversen A/SDKK 118.7m
- Lemvigh-müller A/SDKK 1.3bn
- Dacapo Stainless A/SDKK 304.8m
- Palle Iversen A/S18
- Lemvigh-müller A/S1,322
- Dacapo Stainless A/S91
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Pi Group Holding ApS100%
Management
6 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Claus Grøn Iversen | Director | 21/09/2005 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Palle Grøn Iversen | Board member | 01/10/1983 |
| Claus Grøn Iversen | Board member | 01/10/1983 |
| Jesper Grøn Iversen | Board member | 21/09/2004 |
| Morten Kolding Iversen | Chair of the board | 03/05/2022 |
| Elsebeth Gylling Kjærsgaard | Board member | 22/04/2026 |
Former management (7)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Henrik Klougart | Board member | 01/10/1983 | 05/10/1992 |
| Ejner Gramm Mogensen | Board member | 01/10/1983 | 05/10/1992 |
| Ejner Gramm Mogensen | Director | 01/10/1983 | 05/10/1992 |
| Palle Grøn Iversen | Director | 05/10/1992 | 26/11/2015 |
| Jette Sandberg Iversen | Board member | 05/10/1992 | 26/11/2015 |
| Morten Kolding Iversen | Board member | 21/09/2005 | 02/05/2022 |
| Tonny Vangsgaard Gravesen | Chair of the board | 26/11/2015 | 03/05/2022 |
Signing rule: Selskabet tegnes af én direktør eller to bestyrelsesmedlemmer i forening.
Address and production units
1 active production unitsGammelmarksvej 25
7100 Vejle
| Production unit | Address | Employees | P number |
|---|---|---|---|
| PALLE IVERSEN A/S | Gammelmarksvej 25, 7100 Vejle | 19 | 1007667864 |
Purpose
Selskabets formål er at drive handel, håndværk og finansiering
The purpose is quoted from the register in Danish.
Changes year by year
39 registered events20262 changesaccounts 1 · management 1
- AccountsAnnual report for 2026 published
- ManagementElsebeth Gylling Kjærsgaard appointed board member
20251 changeaccounts 1
- AccountsAnnual report for 2025 published
20242 changesaccounts 1 · address 1
- AccountsAnnual report for 2024 published
- AddressMoved to Gammelmarksvej 25, 7100 Vejle
20231 changeaccounts 1
- AccountsAnnual report for 2023 published
20224 changesaccounts 1 · management 3
- AccountsAnnual report for 2022 published
- ManagementMorten Kolding Iversen appointed chair of the board
- ManagementTonny Vangsgaard Gravesen stepped down as chair of the board
- ManagementMorten Kolding Iversen stepped down as board member
20211 changeaccounts 1
- AccountsAnnual report for 2021 published
20182 changesaddress 2
- AddressMoved to Toldbodvej 9, 7100 Vejle
- AddressMoved to Toldbodvej 9, 7100 Vejle
20153 changesmanagement 3
- ManagementTonny Vangsgaard Gravesen appointed chair of the board
- ManagementJette Sandberg Iversen stepped down as board member
- ManagementPalle Grøn Iversen stepped down as director
20081 changeindustry 1
- IndustryIndustry changed to Wholesale of motor vehicle parts and accessories (467200)
20071 changeaddress 1
- AddressMoved to Toldbodvej 9, 7100 Vejle
20052 changesmanagement 2
- ManagementClaus Grøn Iversen appointed director
- ManagementMorten Kolding Iversen appointed board member
20041 changemanagement 1
- ManagementJesper Grøn Iversen appointed board member
20012 changesaddress 2
- AddressMoved to Toldbodvej 9, 7100 Vejle
- AddressMoved to Toldbodvej 11, 7100 Vejle
19981 changeownership 1
- OwnershipPI GROUP HOLDING ApS registered as owner (100%)
19951 changename 1
- NameName changed from PALLE IVERSEN TRADING A/S to PALLE IVERSEN A/S
19928 changesname 2 · capital 1 · management 5
- NameName changed from PALLE IVERSEN TRADING ApS to PALLE IVERSEN TRADING A/S
- CapitalShare capital changed from 80,000 DKK to 1,300,000 DKK
- NameName changed from GM THERM ApS to PALLE IVERSEN TRADING ApS
- ManagementJette Sandberg Iversen appointed board member
- ManagementPalle Grøn Iversen appointed director
- ManagementEjner Gramm Mogensen stepped down as board member
- ManagementHenrik Klougart stepped down as board member
- ManagementEjner Gramm Mogensen stepped down as director
19836 changesfounded 1 · management 5
- FoundedRegistered as GM THERM ApS
- ManagementEjner Gramm Mogensen appointed board member
- ManagementHenrik Klougart appointed board member
- ManagementPalle Grøn Iversen appointed board member
- ManagementClaus Grøn Iversen appointed board member
- ManagementEjner Gramm Mogensen appointed director
Related companies
Same people in management
- Egil Rasmussen A/Svia Tonny Vangsgaard Gravesen
- Aarstiderne A/Svia Tonny Vangsgaard Gravesen
- Eiva A/Svia Henrik Klougart
- Ejvind Laursen A/Svia Henrik Klougart
- GM Plast A/Svia Ejner Gramm Mogensen
- Tørring Auto A/Svia Tonny Vangsgaard Gravesen
Largest in the industry
- Lemvigh-müller A/SDKK 989.2m
- Dacapo Stainless A/SDKK 173.5m
- Euro Steel Danmark A/SDKK 158m
- Jørgensen & Utoft A/SDKK 124.3m
- Tibnor A/SDKK 101.9m
- Grønbech & Sønner A/SDKK 101.7m
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.