Panpac Engineering A/S
Public limited companyCVR 27288634PandrupActive
Panpac Engineering A/S is a public limited company, based in Pandrup, active in manufacture of lifting and handling equipment, founded in 2003. Net profit fell 17% from 2024 to 2025, ending at DKK 4.5m. Gross profit is higher than that of 76% of the companies in the industry in the database.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 7% (2024 → 2025), to DKK 46m.
- Net profit fell 17% (2024 → 2025), to DKK 4.5m.
- Equity rose 11% (2024 → 2025), to DKK 25.2m.
Employees
- 1 more employees than a year earlier: 55 (08/2026) against 54 (08/2025).
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 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 | 27,403 | 32,012 | 30,555 | 37,695 | 49,306 | 46,029 | −6.6% |
| Operating profit (EBIT) | – | 2,585 | 911 | 5,562 | 7,362 | 5,519 | −25% |
| Profit before tax | 2,887 | 2,355 | 551 | 4,982 | 6,946 | 5,734 | −17.4% |
| Net profit | 2,162 | 1,895 | 390 | 3,828 | 5,451 | 4,513 | −17.2% |
| Total assets | 24,838 | 27,686 | 33,547 | 50,852 | 39,172 | 37,357 | −4.6% |
| Equity | 12,977 | 12,872 | 12,262 | 17,217 | 22,668 | 25,182 | +11.1% |
| Liabilities | – | 14,342 | 20,651 | 31,846 | 14,679 | 11,292 | −23.1% |
| Cash and cash equivalents | 237 | 979 | 128 | 482 | 792 | 2,218 | +180% |
| Average number of employees | 33 | 42 | 48 | 48 | 60 | 60 | 0% |
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 | 21/04/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 23/04/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 15/04/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 31/05/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 30/03/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 28/04/2021 | 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
109 companies in the databaseComparison with the other companies in manufacture of lifting and handling equipment based on the latest financial year.
Industry median: gross profit DKK 13.2m, net profit DKK 1.4m, equity DKK 9.8m, 23 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. 1,971of 4,412 Better than 55% | No. 1,940of 4,466 Better than 57% |
| Same industry and 50–199 employees24 companies in the comparison | No. 18of 24 Better than 26% | No. 17of 24 Better than 30% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 1,555of 24,791 Better than 94% | No. 3,838of 24,909 Better than 85% |
| All companies of type A/S18,025 companies in the comparison | No. 3,131of 17,786 Better than 82% | No. 5,448of 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
Manufacture of lifting and handling equipment- Panpac Engineering A/SDKK 46m
- V. Guldmann A/SDKK 446m
- Bila A/SDKK 433.3m
- Panpac Engineering A/SDKK 4.5m
- V. Guldmann A/SDKK 4.1m
- Bila A/SDKK 73.7m
- Panpac Engineering A/SDKK 25.2m
- V. Guldmann A/SDKK 337.2m
- Bila A/SDKK 213m
- Panpac Engineering A/S55
- V. Guldmann A/S201
- Bila A/S515
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Nysted Holding ApS25%
- T. Mogensen Holding ApS20%
- Tmo Holding ApS20%
- Mnr Holding, Pandrup ApS20%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Morten Nysted | Director | 08/08/2003 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Torben Mogensen | Board member | 08/08/2003 |
| Morten Nysted | Board member | 08/08/2003 |
| Hans Smith Andersen | Chair of the board | 07/12/2022 |
- Founders
- Nysted Holding ApS, T. Mogensen Holding ApS, Tmo Holding ApS, Mnr Holding, Pandrup ApS
Former management (4)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Ib Verner Dalgaard-Nielsen | Chair of the board | 08/08/2003 | 10/03/2006 |
| Claus Hartvig Christensen | Board member | 08/08/2003 | 10/03/2006 |
| Peter Roed | Board member | 10/03/2006 | 07/12/2022 |
| Hans Smith Andersen | Board member | 18/12/2014 | 06/12/2022 |
Signing rule: Selskabet tegnes af en direktør i forening med et bestyrelsesmedlem, af 2 bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.
Address and production units
1 active production unitsIndustrivej 18
9490 Pandrup
Jammerbugt Municipality · Postcode 9490
Other companies at the address (1)
- Meb Smedie og Overfladebehandling ApSMachining of metals
| Production unit | Address | Employees | P number |
|---|---|---|---|
| PANPAC ENGINEERING A/S | Industrivej 18, 9490 Pandrup | 55 | 1010027019 |
Purpose
Selskabets formål er at udvikle, producere, sælge og servicere palleteringssystemer og dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
27 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20224 changesmanagement 3 · accounts 1
- ManagementHans Smith Andersen appointed chair of the board
- ManagementPeter Roed stepped down as board member
- ManagementHans Smith Andersen stepped down as board member
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20201 changeaddress 1
- AddressMoved to Industrivej 18, 9490 Pandrup
20141 changemanagement 1
- ManagementHans Smith Andersen appointed board member
20082 changesindustry 2
- IndustryIndustry changed to Manufacture of lifting and handling equipment (282200)
- IndustryIndustry changed to Installation of industrial machinery and equipment (332000)
20071 changeaddress 1
- AddressMoved to Industrivej 18, 9490 Pandrup
20063 changesmanagement 3
- ManagementPeter Roed appointed board member
- ManagementClaus Hartvig Christensen stepped down as board member
- ManagementIb Verner Dalgaard-Nielsen stepped down as chair of the board
200310 changesfounded 1 · management 5 · ownership 4
- FoundedRegistered as PANPAC ENGINEERING A/S
- ManagementMorten Nysted appointed board member
- ManagementMorten Nysted appointed director
- ManagementTorben Mogensen appointed board member
- ManagementClaus Hartvig Christensen appointed board member
- ManagementIb Verner Dalgaard-Nielsen appointed chair of the board
- OwnershipNYSTED HOLDING ApS registered as owner (25%)
- OwnershipT. MOGENSEN HOLDING ApS registered as owner (20%)
- OwnershipTMO HOLDING ApS registered as owner (20%)
- OwnershipMNR HOLDING, PANDRUP ApS registered as owner (20%)
Related companies
Same people in management
- Via Biler A/Svia Hans Smith Andersen
- Cubic- Modulsystem A/Svia Peter Roed
- Csk Stålindustri A/Svia Peter Roed
- Carsoe ApSvia Peter Roed
- Migatronic A/Svia Peter Roed
- Nexion Northern Europe A/Svia Peter Roed
Largest in the industry
- V. Guldmann A/SDKK 446m
- Bila A/SDKK 433.3m
- Hmf Group A/SDKK 310.9m
- Körber Supply Chain DK A/SDKK 180m
- Power Stow A/SDKK 165.5m
- Sawo A/SDKK 161.1m
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.