Palsgaard A/S
Public limited companyCVR 26447038JuelsmindeActive
Palsgaard A/S is a public limited company, based in Juelsminde, active in manufacture of other chemical products n.e.c., founded in 2002. Net profit fell 52% from 2024 to 2025, ending at DKK 89.4m. Measured by gross profit, it ranks no. 3 of 29 companies in the industry in the database. With 365 employees, the company is about 26 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 fell 4% (2024 → 2025), to DKK 690.7m.
- Revenue fell 5% (2024 → 2025), to DKK 2.2bn.
- Net profit fell 52% (2024 → 2025), to DKK 89.4m.
- Equity rose 5% (2024 → 2025), to DKK 1.9bn.
Employees
- 37 fewer employees than a year earlier: 365 (07/2026) against 402 (07/2025).
Management and owners, last 24 months
- New in management: Claus Dahlmann Larsen (director, 03/03/2025) and Mads Matthias Hay Pedersen (board member, 08/12/2025).
- Stepped down: Michael Skriver (director, 05/12/2024), Birger Brix (board member, 08/12/2025) and Helle Müller Petersen (ceo, 07/09/2026).
Registrations, last 24 months
- 15/09/2025: Merger registered in CVR
- 15/09/2025: Share capital changed from 50,000,000 DKK to 60,000,000 DKK
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 | 1,497,591 | 1,786,452 | 2,491,609 | 2,312,524 | 2,344,623 | 2,234,358 | −4.7% |
| Gross profit | 449,035 | 522,142 | 787,802 | 645,042 | 716,315 | 690,706 | −3.6% |
| Operating profit (EBIT) | 136,704 | 152,989 | 360,868 | 192,843 | 236,454 | 134,010 | −43.3% |
| Profit before tax | 127,597 | 150,449 | 332,711 | 163,710 | 226,795 | 115,591 | −49% |
| Net profit | 97,383 | 116,809 | 263,148 | 126,808 | 184,877 | 89,392 | −51.6% |
| Total assets | 1,430,907 | 1,710,937 | 2,255,424 | 2,339,563 | 2,676,141 | 2,682,702 | +0.2% |
| Equity | 1,193,980 | 1,333,699 | 1,580,288 | 1,707,582 | 1,783,454 | 1,874,305 | +5.1% |
| Liabilities | 223,675 | 356,927 | 645,508 | 603,494 | 855,724 | 770,073 | −10% |
| Cash and cash equivalents | 93,281 | 94,143 | 115,282 | 142,345 | 208,206 | 89,509 | −57% |
| Average number of employees | 530 | 583 | 604 | 648 | 703 | 766 | +9% |
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 | 04/06/2026 | The group | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 03/06/2025 | The group | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 31/05/2024 | The group | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 30/05/2023 | The group | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 31/05/2022 | The group | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 28/05/2021 | 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
29 companies in the databaseComparison with the other companies in manufacture of other chemical products n.e.c. based on the latest financial year.
Industry median: gross profit DKK 13.6m, net profit DKK 2.4m, equity DKK 16.4m, 14 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 200–499 employees796 companies in the comparison | No. 29of 763 Better than 96% | No. 36of 796 Better than 96% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 75of 24,791 Better than 100% | No. 117of 24,909 Better than 100% |
| All companies of type A/S18,025 companies in the comparison | No. 206of 17,786 Better than 99% | No. 249of 18,024 Better than 99% |
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 other chemical products n.e.c.- Palsgaard A/SDKK 690.7m
- Chr. Hansen A/SDKK 4.4bn
- International N&H Denmark ApSDKK 889m
- Palsgaard A/SDKK 89.4m
- Chr. Hansen A/SDKK 2.1bn
- International N&H Denmark ApSDKK 1.4bn
- Palsgaard A/SDKK 1.9bn
- Chr. Hansen A/SDKK 11.3bn
- International N&H Denmark ApSDKK 4.2bn
- Palsgaard A/S365
- Chr. Hansen A/S1,747
- International N&H Denmark ApS1,022
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterManagement
10 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Torben Eske Dahl-Hansen | Director | 27/03/2018 |
| Kim Bøjstrup | Director | 01/02/2019 |
| Ole Albertsen | Director | 01/08/2022 |
| Janet Louise Christoph Ross | Director | 01/10/2024 |
| Claus Dahlmann Larsen | Director | 03/03/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Mette Marciniak Mikkelsen | Board member | 01/01/2017 |
| Anders Brix | Chair of the board | 02/06/2018 |
| Jane Hvolbæk Nielsen | Board member | 25/05/2021 |
| Jakob Thøisen | Board member | 01/01/2023 |
| Mads Matthias Hay Pedersen | Board member | 08/12/2025 |
- Founders
- KR 332 ApS
Former management (25)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Michael Egede Budtz | Board member | 04/02/2002 | 25/04/2002 |
| Henrik Thal Jantzen | Board member | 04/02/2002 | 25/04/2002 |
| Anders Bjerre Lavesen | Board member | 04/02/2002 | 25/04/2002 |
| Helle Freundlich Andersen | Director | 04/02/2002 | 25/04/2002 |
| Niels Ole Viggo Andersen | Board member | 25/04/2002 | 18/06/2002 |
| Birger Brix | Chair of the board | 25/04/2002 | 02/06/2018 |
| Povl Vilhelm Wohlert | Board member | 25/04/2002 | 18/06/2002 |
| Hans Henrik Bech Christensen | Director | 25/04/2002 | 30/12/2004 |
| Knud Brix | Board member | 25/04/2002 | 23/03/2010 |
| Erik Niels Peter Gjelstrup | Director | 25/04/2002 | 20/12/2002 |
| Rasmus Christiansen | Board member | 25/04/2002 | 01/01/2023 |
| Alfred Kjær Hansen | Board member | 25/04/2002 | 31/12/2007 |
| Leif Knudsen | Director | 25/04/2002 | 31/12/2011 |
| Michael Herman Ladegaard | Director | 01/05/2005 | 01/07/2014 |
| Jette Baagøe | Board member | 04/12/2007 | 01/01/2017 |
| Ole Gunner Mouritsen | Board member | 23/03/2010 | 21/03/2014 |
| Benny Jakobsen | Director | 15/12/2010 | 29/06/2015 |
| Jakob Thøisen | CEO | 01/10/2011 | 27/01/2023 |
| Palle Hansen | Director | 01/07/2014 | 19/05/2020 |
| Henrik Højager Nielsen | Director | 15/12/2015 | 29/06/2018 |
| Allan Sandbeck | Director | 01/09/2016 | 01/01/2021 |
| Palle Hansen | Director | 20/05/2020 | 01/08/2022 |
| Michael Skriver | Director | 01/05/2021 | 05/12/2024 |
| Birger Brix | Board member | 25/05/2021 | 08/12/2025 |
| Helle Müller Petersen | CEO | 27/01/2023 | 07/09/2026 |
Signing rule: Selskabet tegnes af formanden for bestyrelsen i forening med en direktør eller af den samlede bestyrelse.
Address and production units
2 active production unitsPalsgaardvej 10
7130 Juelsminde
Hedensted Municipality · Postcode 7130
Other companies at the address (3)
- Credin A/SManufacture of grain mill products
- Nexus A/SResearch and experimental development on natural sciences and engineering
- Palsgaard Gods A/SGrowing of cereals (except rice), leguminous crops and oil seeds
| Production unit | Address | Employees | P number |
|---|---|---|---|
| PALSGAARD A/S | Palsgaardvej 10, 7130 Juelsminde | 365 | 1003084051 |
| Palsgaard Dairy Lab | Palsgaardvej 10, 7130 Juelsminde | – | 1019679329 |
Purpose
Selskabets formål er fabrikation og handel.
The purpose is quoted from the register in Danish.
Changes year by year
78 registered events20262 changesmanagement 1 · accounts 1
- ManagementHelle Müller Petersen stepped down as ceo
- AccountsAnnual report for 2025 published
20256 changesmanagement 3 · capital 1 · merger 1 · accounts 1
- ManagementMads Matthias Hay Pedersen appointed board member
- ManagementBirger Brix stepped down as board member
- CapitalShare capital changed from 50,000,000 DKK to 60,000,000 DKK
- MergerMerger registered in CVR
- AccountsAnnual report for 2024 published
- ManagementClaus Dahlmann Larsen appointed director
20243 changesmanagement 2 · accounts 1
- ManagementMichael Skriver stepped down as director
- ManagementJanet Louise Christoph Ross appointed director
- AccountsAnnual report for 2023 published
20235 changesaccounts 1 · management 4
- AccountsAnnual report for 2022 published
- ManagementHelle Müller Petersen appointed ceo
- ManagementJakob Thøisen stepped down as ceo
- ManagementJakob Thøisen appointed board member
- ManagementRasmus Christiansen stepped down as board member
20223 changesmanagement 2 · accounts 1
- ManagementOle Albertsen appointed director
- ManagementPalle Hansen stepped down as director
- AccountsAnnual report for 2021 published
20215 changesaccounts 1 · management 4
- AccountsAnnual report for 2020 published
- ManagementJane Hvolbæk Nielsen appointed board member
- ManagementBirger Brix appointed board member
- ManagementMichael Skriver appointed director
- ManagementAllan Sandbeck stepped down as director
20202 changesmanagement 2
- ManagementPalle Hansen appointed director
- ManagementPalle Hansen stepped down as director
20191 changemanagement 1
- ManagementKim Bøjstrup appointed director
20184 changesmanagement 4
- ManagementHenrik Højager Nielsen stepped down as director
- ManagementAnders Brix appointed chair of the board
- ManagementBirger Brix stepped down as chair of the board
- ManagementTorben Eske Dahl-Hansen appointed director
20172 changesmanagement 2
- ManagementMette Marciniak Mikkelsen appointed board member
- ManagementJette Baagøe stepped down as board member
20161 changemanagement 1
- ManagementAllan Sandbeck appointed director
20152 changesmanagement 2
- ManagementHenrik Højager Nielsen appointed director
- ManagementBenny Jakobsen stepped down as director
20143 changesmanagement 3
- ManagementPalle Hansen appointed director
- ManagementMichael Herman Ladegaard stepped down as director
- ManagementOle Gunner Mouritsen stepped down as board member
20112 changesmanagement 2
- ManagementLeif Knudsen stepped down as director
- ManagementJakob Thøisen appointed ceo
20103 changesmanagement 3
- ManagementBenny Jakobsen appointed director
- ManagementOle Gunner Mouritsen appointed board member
- ManagementKnud Brix stepped down as board member
20081 changeindustry 1
- IndustryIndustry changed to Manufacture of other chemical products n.e.c. (205900)
20073 changesmanagement 2 · address 1
- ManagementAlfred Kjær Hansen stepped down as board member
- ManagementJette Baagøe appointed board member
- AddressMoved to Palsgaardvej 10, 7130 Juelsminde
20051 changemanagement 1
- ManagementMichael Herman Ladegaard appointed director
20042 changesmanagement 1 · industry 1
- ManagementHans Henrik Bech Christensen stepped down as director
- IndustryIndustry changed to Fremstilling af andre næringsmidler i øvrigt (158920)
20032 changescapital 1 · industry 1
- CapitalShare capital changed from 5,000,000 DKK to 50,000,000 DKK
- IndustryIndustry changed to Sæbe- og vaskemiddelfabrikker (245110)
200225 changesmanagement 20 · name 1 · capital 1 · address 1 · founded 1 · ownership 1
- ManagementErik Niels Peter Gjelstrup stepped down as director
- NameName changed from KR 328 A/S to PALSGAARD A/S
- CapitalShare capital changed from 500,000 DKK to 5,000,000 DKK
- ManagementPovl Vilhelm Wohlert stepped down as board member
- ManagementNiels Ole Viggo Andersen stepped down as board member
- AddressMoved to Palsgaardvej 10, 7130 Juelsminde
- ManagementErik Niels Peter Gjelstrup appointed director
- ManagementKnud Brix appointed board member
- ManagementHans Henrik Bech Christensen appointed director
- ManagementPovl Vilhelm Wohlert appointed board member
- ManagementNiels Ole Viggo Andersen appointed board member
- ManagementBirger Brix appointed chair of the board
- ManagementLeif Knudsen appointed director
- ManagementAlfred Kjær Hansen appointed board member
- ManagementRasmus Christiansen appointed board member
- ManagementHenrik Thal Jantzen stepped down as board member
- ManagementHelle Freundlich Andersen stepped down as director
- ManagementAnders Bjerre Lavesen stepped down as board member
- ManagementMichael Egede Budtz stepped down as board member
- FoundedRegistered as KR 328 A/S
- ManagementHenrik Thal Jantzen appointed board member
- ManagementHelle Freundlich Andersen appointed director
- ManagementAnders Bjerre Lavesen appointed board member
- ManagementMichael Egede Budtz appointed board member
- OwnershipPALSGAARD GODS A/S registered as owner (100%)
Related companies
Same people in management
- Imerco A/Svia Anders Bjerre Lavesen
- Metro Service A/Svia Michael Egede Budtz
- Mejerigaarden A/Svia Claus Dahlmann Larsen
- WSP Danmark A/Svia Michael Egede Budtz
- Lokaltog A/Svia Anders Bjerre Lavesen
- Carl Hansen & Søn Møbelfabrik A/Svia Anders Bjerre Lavesen
Largest in the industry
- Chr. Hansen A/SDKK 4.4bn
- International N&H Denmark ApSDKK 889m
- Daka Denmark A/SDKK 299.7m
- Brenntag Nordic A/SDKK 273.2m
- LGC Biosearch Technologies A/SDKK 53.4m
- Topsoe SOEC Production A/SDKK 51m
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.