PHD Stillads A/S

Public limited companyCVR 42468495Odense SØActive

PHD Stillads A/S is a public limited company, based in Odense SØ, active in renting and leasing of construction and civil engineering machinery, founded in 2021. Net profit rose 599% from 2024 to 2025, ending at DKK 5.1m. With 157 employees, the company is about 31 times larger than the industry median. Equity grew to DKK 6.2m in 2025.

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Key figures · financial year 2025

Gross profitDKK 61.6m+514.1% vs. 2024

Net profitDKK 5.1m+598.9% vs. 2024

EquityDKK 6.2m+439% vs. 2024

Employees157latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit rose 514% (2024 → 2025), to DKK 61.6m.
Net profit rose 599% (2024 → 2025), to DKK 5.1m.
Equity rose 439% (2024 → 2025), to DKK 6.2m.

Employees

64 more employees than a year earlier: 157 (07/2026) against 93 (07/2025).

Management and owners, last 24 months

New in management: Daniel Francis Dwyer (board member, 01/09/2025).
Stepped down: Bernard Christopher Dwyer (deputy chair, 01/09/2025).

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 2022–2025 · amounts in DKK thousand

Equity and net profit

EquityNet profit

Financial figures for PHD Stillads A/S
	2022	2024	2025	Change
Revenue	not stated	not stated	not stated	–
Gross profit	−480	10,035	61,624	+514.1%
Operating profit (EBIT)	−4,358	621	5,526	+790.4%
Profit before tax	−4,369	606	5,494	+806.5%
Net profit	−4,369	726	5,071	+598.9%
Total assets	3,189	21,958	47,980	+118.5%
Equity	−3,642	1,155	6,227	+439%
Liabilities	6,832	20,803	41,753	+100.7%
Cash and cash equivalents	307	467	2,252	+382.3%
Average number of employees	7	–	79	–

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 2022, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2023 (changed financial year or not filed).

Download the figures as CSV · free with an account, amounts in whole DKK

Compare with the industry (174 companies)

Gross profitMedian, the industry (174 companies)

Annual reports

3 financial years

Annual reports for PHD Stillads A/S
Financial year	Period	Published	Figures for	Documents
2025	01/09/2024 – 31/08/2025	07/01/2026	The company	PDF not statedXBRL
2024	01/09/2023 – 31/08/2024	07/02/2025	The company	PDF XBRL
2022	01/01/2022 – 31/12/2022	12/03/2024	The company	PDF XBRL

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

Employees

Position in the industry

174 companies in the database

Comparison with the other companies in renting and leasing of construction and civil engineering machinery based on the latest financial year.

Gross profitDKK 61.6mNo. 14 of 172

Better than 92% of the companies in the industry

EquityDKK 6.2mNo. 76 of 174

Better than 57% of the companies in the industry

Number of employees157No. 10 of 174

Better than 95% of the companies in the industry

Industry median: gross profit DKK 4.1m, net profit DKK 431k, equity DKK 4.4m, 5 employees.

Distribution of gross profit for 165 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
Group	Gross profit	Equity
Companies with 50–199 employees4,467 companies in the comparison	No. 1,377of 4,412 Better than 69%	No. 3,207of 4,466 Better than 28%
Same industry and 50–199 employees13 companies in the comparison	No. 10of 13 Better than 25%	No. 12of 13 Better than 8%
Companies that are between 5 and 14 years old33,688 companies in the comparison	No. 546of 33,588 Better than 98%	No. 5,220of 33,687 Better than 85%
All companies of type A/S18,025 companies in the comparison	No. 2,409of 17,786 Better than 86%	No. 10,616of 18,024 Better than 41%

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

Renting and leasing of construction and civil engineering machinery

Gross profit

PHD Stillads A/SDKK 61.6m
Loxam A/SDKK 410m
Zeppelin Rental Danmark A/SDKK 300.9m

Net profit

PHD Stillads A/SDKK 5.1m
Loxam A/SDKK 33.5m
Zeppelin Rental Danmark A/SDKK 4.8m

Equity

PHD Stillads A/SDKK 6.2m
Loxam A/SDKK 103m
Zeppelin Rental Danmark A/SDKK 315.3m

Employees

PHD Stillads A/S157
Loxam A/S359
Zeppelin Rental Danmark A/S178

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

PHD Access Ireland Limited100%

PHD Stillads A/S

Management

4 active registrations

Executive management

Executive management at PHD Stillads A/S
Name	Role	Appointed
Flemming Seedorff Holm	CEO	09/02/2024

Board of directors

Board of directors at PHD Stillads A/S
Name	Role	Appointed
Flemming Seedorff Holm	Board member	06/09/2023
Sean William Dwyer	Chair of the board	09/04/2024
Daniel Francis Dwyer	Board member	01/09/2025

Auditor: Dansk Revision Odense Godkendt Revisionsaktieselskab
Founders: PHD Access Ireland Limited

Former management (6)

Former management at PHD Stillads A/S
Name	Role	Appointed	Resigned
Henrik Bornebusch	Chair of the board	10/06/2021	09/04/2024
Martin Merstrand	CEO	10/06/2021	08/02/2024
Martin Merstrand	Board member	10/06/2021	08/02/2024
Paul Edwaard Sweeney	Board member	10/06/2021	01/07/2021
Bernard Christopher Dwyer	Deputy chair	10/06/2021	01/09/2025
Sean William Dwyer	Board member	06/09/2023	08/04/2024

Signing rule: selskabet tegnes af direktøren sammen med bestyrelsesformanden eller af to bestyrelsesmedlemmer i forening.

Address and production units

1 active production units

Herluf Trolles Vej 15
5220 Odense SØ

Odense Municipality · Postcode 5220

Other companies at the address (1)

Schmiedmann Odense A/SRetail sale of motor vehicle parts and accessories

Open in OpenStreetMap

Production units
Production unit	Address	Industry	Employees	P number
PHD Stillads A/S	Herluf Trolles Vej 15, 5220 Odense SØ	Renting and leasing of construction and civil engineering machinery	157	1027263042

Purpose

Selskabets formål er udlejning og opsætning af stillads og andet byggemateriale samt dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

22 registered events

82021

02022

32023

72024

32025

12026

20261 changeaccounts 1

07/01AccountsAnnual report for 2025 published

20253 changesmanagement 2 · accounts 1

01/09ManagementDaniel Francis Dwyer appointed board member
01/09ManagementBernard Christopher Dwyer stepped down as deputy chair
07/02AccountsAnnual report for 2024 published

20247 changesmanagement 6 · accounts 1

09/04ManagementSean William Dwyer appointed chair of the board
09/04ManagementHenrik Bornebusch stepped down as chair of the board
08/04ManagementSean William Dwyer stepped down as board member
12/03AccountsAnnual report for 2022 published
09/02ManagementFlemming Seedorff Holm appointed ceo
08/02ManagementMartin Merstrand stepped down as ceo
08/02ManagementMartin Merstrand stepped down as board member

20233 changesmanagement 2 · address 1

06/09ManagementSean William Dwyer appointed board member
06/09ManagementFlemming Seedorff Holm appointed board member
04/01AddressMoved to Herluf Trolles Vej 15, 5220 Odense SØ

20218 changesmanagement 6 · founded 1 · ownership 1

01/07ManagementPaul Edwaard Sweeney stepped down as board member
10/06FoundedRegistered as PHD Stillads A/S
10/06ManagementHenrik Bornebusch appointed chair of the board
10/06ManagementMartin Merstrand appointed ceo
10/06ManagementPaul Edwaard Sweeney appointed board member
10/06ManagementMartin Merstrand appointed board member
10/06ManagementBernard Christopher Dwyer appointed deputy chair
10/06OwnershipPHD Access Ireland Limited registered as owner (100%)

Related companies

Same industry in Odense

Riwal Danmark A/S169 employees
Solid Base ApS4 employees

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Same people in management

Nagel Liller A/Svia Henrik Bornebusch
Frejas Have ApSvia Flemming Seedorff Holm
Trelde Næs Camping ApSvia Henrik Bornebusch
Jimco A/Svia Henrik Bornebusch
Teamtronic A/Svia Henrik Bornebusch
Agrisys A/Svia Henrik Bornebusch

Largest in the industry

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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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVR Report a correction