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Phillips-Medisize A/S

Public limited companyCVR 24053415StruerActive

Phillips-Medisize A/S is a public limited company, based in Struer, active in manufacture of medical and dental instruments and supplies, founded in 1930. Net profit rose 191% from 2024 to 2025, ending at DKK 35.4m. With 228 employees, the company is about 57 times larger than the industry median. Equity grew to DKK 148.9m in 2025.

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Key figures · financial year 2025

RevenueDKK 425.8m+0.1% vs. 2024
Net profitDKK 35.4m+191.2% vs. 2024
EquityDKK 148.9m+31.1% vs. 2024
Employees228latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 38% (2024 → 2025), to DKK 100.4m.
  • Net profit rose 191% (2024 → 2025), to DKK 35.4m.
  • Equity rose 31% (2024 → 2025), to DKK 148.9m.

Employees

  • 15 fewer employees than a year earlier: 228 (07/2026) against 243 (07/2025).

Management and owners, last 24 months

  • New in management: Cecilie Rørbye (ceo, 05/11/2024), Nitesh Gupta (board member, 09/03/2026) and Sean David Rice (board member, 08/11/2024).
  • Stepped down: Katherine Mary Dornan (board member, 08/11/2024), Brett Alan Landrum (ceo, 05/11/2024) and Sean David Rice (board member, 09/03/2026).

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 2019–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 50mDKK 100mDKK 150mDKK 200mDKK 250m2019202020212022202320242025
EquityNet profit
Financial figures for Phillips-Medisize A/S
2019202020212022202320242025Change
Revenue264,344274,588360,602378,000481,932425,551425,791+0.1%
Gross profit––80,83491,841171,04372,758100,350+37.9%
Operating profit (EBIT)––50,24464,000113,46418,10349,533+173.6%
Profit before tax26,585–47,36465,000110,39420,76746,472+123.8%
Net profit20,6949,67536,94449,00083,42312,14435,364+191.2%
Total assets144,710246,880244,609320,921385,425242,310198,472−18.1%
Equity62,16971,847108,791158,000241,391113,536148,900+31.1%
Liabilities82,541175,033135,818162,953144,034128,77449,572−61.5%
Cash and cash equivalents47,72364,361112,771151,705231,69056,90731,991−43.8%
Average number of employees–––217––––

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.

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

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140mDKK 160mDKK 180m2019202020212022202320242025
Gross profitMedian, the industry (185 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit 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

7 financial years
Annual reports for Phillips-Medisize A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202529/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202409/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202306/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202210/07/2023The companyPDF not statedXBRL
202101/01/2021 – 31/12/202111/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202007/07/2021The companyPDFXBRL
201901/01/2019 – 31/12/201919/05/2020The 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
05010015020025008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

185 companies in the database

Comparison with the other companies in manufacture of medical and dental instruments and supplies based on the latest financial year.

Gross profitDKK 100.4mNo. 14 of 185
Better than 93% of the companies in the industry
EquityDKK 148.9mNo. 9 of 185
Better than 96% of the companies in the industry
Number of employees228No. 7 of 185
Better than 97% of the companies in the industry

Industry median: gross profit DKK 2.5m, net profit DKK 224k, equity DKK 1.9m, 4 employees.

DKK 100kDKK 2.1mDKK 43.5mDKK 908.1mDKK 6.9bnHere
Distribution of gross profit for 170 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 200–499 employees796 companies in the comparison
No. 532of 763
Better than 30%
No. 317of 796
Better than 60%
Companies that are at least 30 years old10,276 companies in the comparison
No. 839of 10,152
Better than 92%
No. 960of 10,275
Better than 91%
All companies of type A/S18,025 companies in the comparison
No. 1,569of 17,786
Better than 91%
No. 1,753of 18,024
Better than 90%

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 medical and dental instruments and supplies
Gross profit
  1. Phillips-Medisize A/SDKK 100.4m
  2. Coloplast A/SDKK 18.9bn
  3. Unomedical A/SDKK 1.2bn
Net profit
  1. Phillips-Medisize A/SDKK 35.4m
  2. Coloplast A/SDKK 3.6bn
  3. Unomedical A/SDKK 731.7m
Equity
  1. Phillips-Medisize A/SDKK 148.9m
  2. Coloplast A/SDKK 16.1bn
  3. Unomedical A/SDKK 2.2bn
Employees
  1. Phillips-Medisize A/S228
  2. Coloplast A/S1,501
  3. Unomedical A/S606

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
  • Phillips-Medisize Holdings A/S100%
Phillips-Medisize A/S

Management

4 active registrations

Executive management

Executive management at Phillips-Medisize A/S
NameRoleAppointed
Cecilie RørbyeCEO05/11/2024

Board of directors

Board of directors at Phillips-Medisize A/S
NameRoleAppointed
David William ColeChair of the board01/12/2019
Brett Alan LandrumBoard member12/10/2021
Nitesh GuptaBoard member09/03/2026
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Former management (49)
Former management at Phillips-Medisize A/S
NameRoleAppointedResigned
Jens BangBoard member20/12/193030/09/1994
Peter Skak OlufsenBoard member20/12/193024/02/1998
Peter LeschlyBoard member20/12/193030/09/1994
Povl Ulrik SkifterDirector20/12/193031/08/1992
Ole LundDirector20/12/193025/03/1991
Lars Peter BangBoard member20/12/193030/09/1994
Karsten SchwennesenBoard member20/12/193001/04/1997
Karsten SchwennesenDirector20/12/193001/04/1997
Steen Tage LangebækDeputy chair20/12/193029/10/1993
Axel OlufsenBoard member20/12/193011/02/1992
Vagn AndersenDirector20/12/193011/02/1992
Peter OlufsenBoard member20/12/193023/10/1992
Jørgen WorningBoard member20/12/193030/09/1994
Bent Møller PedersenDirector20/12/193030/10/1989
Anders Jørn KnutsenDirector20/12/193030/09/1994
Kirsten Bang-ThygesenBoard member20/12/193012/06/1990
Henry PetersenBoard member20/12/193030/09/1994
Povl HjeltBoard member20/12/193013/11/1991
Søren Peter Weis StranddorfBoard member20/12/193030/09/1994
Poul PlougmannDirector15/08/199229/01/1996
Anders Jørn KnutsenChair of the board30/09/199422/09/2000
Peter Degnboel ThostrupDirector01/04/199730/11/1997
Henning VestergaardBoard member24/02/199801/03/1999
Carl Henrik JeppesenBoard member24/02/199809/05/2001
Jørgen PurupBoard member01/03/199911/08/2000
Thomas KristensenBoard member22/09/200009/05/2001
Henrik KagenowBoard member09/05/200101/03/2007
Torben Ballegaard SørensenBoard member09/05/200101/03/2007
Henrik KagenowCEO20/10/200301/06/2010
Jens Peter ZinckDirector20/10/200331/05/2006
Alejandra Maria Cristina Bonifacini MørkBoard member01/03/200731/05/2016
Peter Degnboel ThostrupBoard member01/03/200701/10/2008
Kim Hyldahl HansenBoard member01/10/200828/05/2014
Erik Trock-JansenCEO01/06/201012/04/2011
Morten NielsenCEO12/04/201131/07/2018
Peer NørkjærDeputy chair12/04/201131/05/2016
Erik Trock-JansenChair of the board12/04/201110/08/2012
Mads Peter Hytteballe AndersenChair of the board10/08/201231/05/2016
Nicholas HughesBoard member18/03/201331/05/2016
Mogens Elbrønd PedersenBoard member28/05/201401/02/2015
John Charles SillsBoard member31/05/201623/02/2018
William Patrick WelchBoard member31/05/201612/10/2021
Matthew Jon JenningsChair of the board31/05/201601/12/2019
Norman Charles Roegner IIIBoard member23/02/201801/12/2019
Søren Vestergård JacobsenCEO01/08/201801/11/2021
Katherine Mary DornanBoard member01/12/201908/11/2024
Katrine Eggert HammerCEO01/11/202131/03/2024
Brett Alan LandrumCEO31/03/202405/11/2024
Sean David RiceBoard member08/11/202409/03/2026

Signing rule: Selskabet tegnes af den samlede bestyrelse, af bestyrelsesformanden i forening med en direktør eller af to medlemmer af bestyrelsen i forening med en direktør.

Address and production units

2 active production units

Gimsinglundvej 20
7600 Struer

Struer Municipality · Postcode 7600

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
Phillips-Medisize A/SGimsinglundvej 20, 7600 Struer1721002916650
Phillips-Medisize A/STeknikerbyen 5, 1, 2830 Virum631025308391

Purpose

Selskabets formål er at forestå integreret produktudvikling og/eller produktion af medicoteknisk udstyr og hermed beslægtet virksomhed efter bestyrelsens skøn.

The purpose is quoted from the register in Danish.

Changes year by year

136 registered events
20263 changesaccounts 1 · management 2
  • Annual report for 2025 published
  • Nitesh Gupta appointed board member
  • Sean David Rice stepped down as board member
20251 changeaccounts 1
  • Annual report for 2024 published
20247 changesmanagement 6 · accounts 1
  • Sean David Rice appointed board member
  • Katherine Mary Dornan stepped down as board member
  • Cecilie Rørbye appointed ceo
  • Brett Alan Landrum stepped down as ceo
  • Annual report for 2023 published
  • Brett Alan Landrum appointed ceo
  • Katrine Eggert Hammer stepped down as ceo
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20215 changesmanagement 4 · accounts 1
  • Katrine Eggert Hammer appointed ceo
  • Søren Vestergård Jacobsen stepped down as ceo
  • Brett Alan Landrum appointed board member
  • William Patrick Welch stepped down as board member
  • Annual report for 2020 published
20201 changeaccounts 1
  • Annual report for 2019 published
20194 changesmanagement 4
  • David William Cole appointed chair of the board
  • Katherine Mary Dornan appointed board member
  • Norman Charles Roegner III stepped down as board member
  • Matthew Jon Jennings stepped down as chair of the board
20185 changesname 1 · management 4
  • Name changed from Medicom Innovation Partner a/s to Phillips-Medisize A/S
  • Søren Vestergård Jacobsen appointed ceo
  • Morten Nielsen stepped down as ceo
  • Norman Charles Roegner III appointed board member
  • John Charles Sills stepped down as board member
201611 changesmanagement 7 · ownership 4
  • John Charles Sills appointed board member
  • Matthew Jon Jennings appointed chair of the board
  • William Patrick Welch appointed board member
  • Nicholas Hughes stepped down as board member
  • Mads Peter Hytteballe Andersen stepped down as chair of the board
  • Peer Nørkjær stepped down as deputy chair
  • Alejandra Maria Cristina Bonifacini Mørk stepped down as board member
  • Phillips-Medisize Holdings A/S registered as owner (100%)
  • Morten Nielsen is no longer registered as owner
  • EQUITY DATTERHOLDING 11 ApS is no longer registered as owner
  • LYNI Invest Holding ApS is no longer registered as owner
201510 changesname 1 · ownership 8 · management 1
  • Name changed from BANG & OLUFSEN MEDICOM A/S to Medicom Innovation Partner a/s
  • Morten Nielsen registered as owner (5%)
  • EQUITY DATTERHOLDING 11 ApS registered as owner (66.67%)
  • LYNI Invest Holding ApS registered as owner (5%)
  • EQUITY DATTERHOLDING 11 ApS is no longer registered as owner
  • Morten Nielsen is no longer registered as owner
  • EQUITY DATTERHOLDING 11 ApS registered as owner (90%)
  • BANG & OLUFSEN A/S is no longer registered as owner
  • EQUITY DATTERHOLDING 11 ApS is no longer registered as owner
  • Mogens Elbrønd Pedersen stepped down as board member
20142 changesmanagement 2
  • Mogens Elbrønd Pedersen appointed board member
  • Kim Hyldahl Hansen stepped down as board member
20134 changesmanagement 1 · ownership 3
  • Nicholas Hughes appointed board member
  • Morten Nielsen registered as owner (5%)
  • BANG & OLUFSEN A/S registered as owner (33.33%)
  • EQUITY DATTERHOLDING 11 ApS registered as owner (50%)
20122 changesmanagement 2
  • Mads Peter Hytteballe Andersen appointed chair of the board
  • Erik Trock-Jansen stepped down as chair of the board
20115 changescapital 1 · management 4
  • Share capital changed from 11,920,918 DKK to 16,778,061 DKK
  • Peer Nørkjær appointed deputy chair
  • Erik Trock-Jansen appointed chair of the board
  • Morten Nielsen appointed ceo
  • Erik Trock-Jansen stepped down as ceo
20103 changescapital 1 · management 2
  • Share capital changed from 9,372,000 DKK to 11,920,918 DKK
  • Erik Trock-Jansen appointed ceo
  • Henrik Kagenow stepped down as ceo
20084 changescapital 1 · management 2 · industry 1
  • Share capital changed from 8,000,000 DKK to 9,372,000 DKK
  • Kim Hyldahl Hansen appointed board member
  • Peter Degnboel Thostrup stepped down as board member
  • Industry changed to Manufacture of medical and dental instruments and supplies (325000)
20075 changesmanagement 4 · industry 1
  • Peter Degnboel Thostrup appointed board member
  • Alejandra Maria Cristina Bonifacini Mørk appointed board member
  • Henrik Kagenow stepped down as board member
  • Torben Ballegaard Sørensen stepped down as board member
  • Industry changed to Fremstilling af elektrodiagnostiske apparater (331030)
20061 changemanagement 1
  • Jens Peter Zinck stepped down as director
20032 changesmanagement 2
  • Jens Peter Zinck appointed director
  • Henrik Kagenow appointed ceo
20014 changesmanagement 4
  • Henrik Kagenow appointed board member
  • Torben Ballegaard Sørensen appointed board member
  • Thomas Kristensen stepped down as board member
  • Carl Henrik Jeppesen stepped down as board member
20003 changesmanagement 3
  • Thomas Kristensen appointed board member
  • Anders Jørn Knutsen stepped down as chair of the board
  • Jørgen Purup stepped down as board member
19994 changesname 1 · address 1 · management 2
  • Name changed from BANG & OLUFSEN TECHNOLOGY A/S to BANG & OLUFSEN MEDICOM A/S
  • Moved to Gimsinglundvej 20, 7600 Struer
  • Jørgen Purup appointed board member
  • Henning Vestergaard stepped down as board member
19983 changesmanagement 3
  • Carl Henrik Jeppesen appointed board member
  • Henning Vestergaard appointed board member
  • Peter Skak Olufsen stepped down as board member
19974 changesmanagement 4
  • Peter Degnboel Thostrup stepped down as director
  • Peter Degnboel Thostrup appointed director
  • Karsten Schwennesen stepped down as director
  • Karsten Schwennesen stepped down as board member
19963 changesname 1 · capital 1 · management 1
  • Name changed from BANG & OLUFSEN EXPORT A/S to BANG & OLUFSEN TECHNOLOGY A/S
  • Share capital changed from 2,000,000 DKK to 8,000,000 DKK
  • Poul Plougmann stepped down as director
19948 changesmanagement 8
  • Anders Jørn Knutsen appointed chair of the board
  • Jørgen Worning stepped down as board member
  • Lars Peter Bang stepped down as board member
  • Peter Leschly stepped down as board member
  • Jens Bang stepped down as board member
  • Søren Peter Weis Stranddorf stepped down as board member
  • Henry Petersen stepped down as board member
  • Anders Jørn Knutsen stepped down as director
19931 changemanagement 1
  • Steen Tage Langebæk stepped down as deputy chair
19925 changesmanagement 5
  • Peter Olufsen stepped down as board member
  • Povl Ulrik Skifter stepped down as director
  • Poul Plougmann appointed director
  • Vagn Andersen stepped down as director
  • Axel Olufsen stepped down as board member
19912 changesmanagement 2
  • Povl Hjelt stepped down as board member
  • Ole Lund stepped down as director
19901 changemanagement 1
  • Kirsten Bang-Thygesen stepped down as board member
19891 changemanagement 1
  • Bent Møller Pedersen stepped down as director
193020 changesfounded 1 · management 19
  • Registered as BANG & OLUFSEN EXPORT A/S
  • Jørgen Worning appointed board member
  • Peter Olufsen appointed board member
  • Vagn Andersen appointed director
  • Axel Olufsen appointed board member
  • Steen Tage Langebæk appointed deputy chair
  • Karsten Schwennesen appointed director
  • Karsten Schwennesen appointed board member
  • Lars Peter Bang appointed board member
  • Ole Lund appointed director
  • Povl Ulrik Skifter appointed director
  • Peter Leschly appointed board member
  • Peter Skak Olufsen appointed board member
  • Jens Bang appointed board member
  • Søren Peter Weis Stranddorf appointed board member
  • Povl Hjelt appointed board member
  • Henry Petersen appointed board member
  • Kirsten Bang-Thygesen appointed board member
  • Anders Jørn Knutsen appointed director
  • Bent Møller Pedersen appointed director

Related companies

Same people in management

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.

View in CVRReport a correction