Phoenix International A/S
Public limited companyCVR 26078717VejenActive
Phoenix International A/S is a public limited company, based in Vejen, active in wholesale of mining, construction and civil engineering machinery, founded in 2001. The company went from a profit in 2024 to a loss of DKK 20.1m in 2025. Equity fell to DKK 14.7m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 221% (2024 → 2025), to −DKK 8.3m.
- Net profit went from a profit of DKK 606k to a loss of DKK 20.1m (2024 → 2025).
- Equity fell 65% (2024 → 2025), to DKK 14.7m.
Employees
- 3 fewer employees than a year earlier: 6 (08/2026) against 9 (08/2025).
Management and owners, last 24 months
- New in management: Siamack Ilkhanizadeh (board member, 21/08/2025).
- Stepped down: Hamzeh Ilkhanizadeh (board member, 21/08/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Wholesale of mining, construction and civil engineering machinery (466300)
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 | 15,619 | 12,110 | 7,921 | 7,074 | 6,849 | −8,254 | −220.5% |
| Operating profit (EBIT) | 4,809 | 2,616 | −4,016 | −2,546 | −2,141 | −20,987 | −880.2% |
| Profit before tax | 1,279 | 1,169 | 773 | 576 | 606 | −20,023 | −3,404.1% |
| Net profit | 735 | 563 | 1,827 | 672 | 606 | −20,098 | −3,416.5% |
| Total assets | 104,893 | 93,942 | 94,824 | 89,283 | 86,160 | 42,980 | −50.1% |
| Equity | 38,500 | 38,978 | 40,635 | 40,077 | 41,763 | 14,666 | −64.9% |
| Liabilities | 65,849 | 53,214 | 54,093 | 49,206 | 44,397 | 28,314 | −36.2% |
| Cash and cash equivalents | 8,756 | 1,880 | 1,370 | 8 | 716 | 1,376 | +92.2% |
| Average number of employees | 9 | 7 | 7 | 7 | 7 | 7 | 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 figuresEquity fell sharply
Equity fell 65% from 2024 to 2025 (DKK 41.8m to DKK 14.7m).
How is this calculated?
Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.
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 | 22/04/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 23/07/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 25/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 26/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 27/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 07/05/2021 | 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
101 companies in the databaseComparison with the other companies in wholesale of mining, construction and civil engineering machinery based on the latest financial year.
Industry median: gross profit DKK 7.9m, net profit DKK 1.1m, equity DKK 8.8m, 8 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. 69,617of 69,742 Better than 0% | No. 7,093of 69,964 Better than 90% |
| Same industry and fewer than 20 employees71 companies in the comparison | No. 71of 71 Better than 0% | No. 12of 71 Better than 84% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 24,742of 24,791 Better than 0% | No. 5,338of 24,909 Better than 79% |
| All companies of type A/S18,025 companies in the comparison | No. 17,681of 17,786 Better than 1% | No. 7,313of 18,024 Better than 59% |
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 mining, construction and civil engineering machinery- Phoenix International A/S−DKK 8.3m
- Techtronic Industries Nordic ApSDKK 272.5m
- Volvo Entreprenørmaskiner A/SDKK 203.8m
- Phoenix International A/S−DKK 20.1m
- Techtronic Industries Nordic ApSDKK 74.7m
- Volvo Entreprenørmaskiner A/SDKK 25.1m
- Phoenix International A/SDKK 14.7m
- Techtronic Industries Nordic ApSDKK 78m
- Volvo Entreprenørmaskiner A/SDKK 115m
- Phoenix International A/S6
- Techtronic Industries Nordic ApS217
- Volvo Entreprenørmaskiner A/S142
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Hamzeh Ilkhanizadeh100%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| René Koch | CEO | 01/01/2010 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Tony Hansen | Board member | 17/10/2006 |
| Thomas Rask Jensen | Chair of the board | 29/05/2015 |
| Siamack Ilkhanizadeh | Board member | 21/08/2025 |
- Founders
- Nopal Danmark A/S
Former management (11)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Erik Vagn Jørgensen | Board member | 29/05/2001 | 29/10/2004 |
| Carsten Wiis | Board member | 29/05/2001 | 14/08/2003 |
| Carsten Wiis | Director | 29/05/2001 | 14/08/2003 |
| Hans Johan Hekland | Chair of the board | 29/05/2001 | 14/08/2003 |
| Knut Olav Kvinge | Board member | 29/05/2001 | 25/07/2002 |
| Thomas Rask Jensen | Board member | 14/08/2003 | 28/05/2015 |
| Hamzeh Ilkhanizadeh | Chair of the board | 14/08/2003 | 28/05/2015 |
| Hermann Rainer Schmitz | Board member | 18/03/2005 | 17/10/2006 |
| Laurids Renè Rasmussen | CEO | 01/09/2006 | 03/01/2008 |
| Tony Hansen | CEO | 03/01/2008 | 01/01/2010 |
| Hamzeh Ilkhanizadeh | Board member | 29/05/2015 | 21/08/2025 |
Signing rule: Selskabet tegnes af en direktør i forening med et medlem af bestyrelsen eller af to medlemmer af bestyrelsen.
Address and production units
1 active production unitsIndustrivej Vest 11
6600 Vejen
| Production unit | Address | Employees | P number |
|---|---|---|---|
| PHOENIX INTERNATIONAL A/S | Industrivej Vest 11, 6600 Vejen | 6 | 1008487967 |
Purpose
Selskabets formål er at drive industri og handelsvirksomhed. Selskabet kan endvidere foretage investering i anden virksomhed inden for de nævnte områder.
The purpose is quoted from the register in Danish.
Changes year by year
39 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20254 changesmanagement 2 · accounts 1 · industry 1
- ManagementSiamack Ilkhanizadeh appointed board member
- ManagementHamzeh Ilkhanizadeh stepped down as board member
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Wholesale of mining, construction and civil engineering machinery (466300)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20154 changesmanagement 4
- ManagementHamzeh Ilkhanizadeh appointed board member
- ManagementThomas Rask Jensen appointed chair of the board
- ManagementHamzeh Ilkhanizadeh stepped down as chair of the board
- ManagementThomas Rask Jensen stepped down as board member
20103 changesaddress 1 · management 2
- AddressMoved to Industrivej Vest 11, 6600 Vejen
- ManagementRené Koch appointed ceo
- ManagementTony Hansen stepped down as ceo
20083 changesmanagement 2 · industry 1
- ManagementTony Hansen appointed ceo
- ManagementLaurids Renè Rasmussen stepped down as ceo
- IndustryIndustry changed to Wholesale of mining, construction and civil engineering machinery (466300)
20071 changeownership 1
- OwnershipHamzeh Ilkhanizadeh registered as owner (100%)
20064 changesmanagement 3 · industry 1
- ManagementTony Hansen appointed board member
- ManagementHermann Rainer Schmitz stepped down as board member
- ManagementLaurids Renè Rasmussen appointed ceo
- IndustryIndustry changed to Engroshandel med maskiner, udstyr og tilbehør til bygge- og anlægsvirksomhed (518200)
20051 changemanagement 1
- ManagementHermann Rainer Schmitz appointed board member
20042 changesaddress 1 · management 1
- AddressMoved to Grønhøjgade 45, 6600 Vejen
- ManagementErik Vagn Jørgensen stepped down as board member
20035 changesmanagement 5
- ManagementHamzeh Ilkhanizadeh appointed chair of the board
- ManagementThomas Rask Jensen appointed board member
- ManagementHans Johan Hekland stepped down as chair of the board
- ManagementCarsten Wiis stepped down as director
- ManagementCarsten Wiis stepped down as board member
20021 changemanagement 1
- ManagementKnut Olav Kvinge stepped down as board member
20016 changesfounded 1 · management 5
- FoundedRegistered as PHOENIX INTERNATIONAL A/S
- ManagementHans Johan Hekland appointed chair of the board
- ManagementCarsten Wiis appointed director
- ManagementCarsten Wiis appointed board member
- ManagementKnut Olav Kvinge appointed board member
- ManagementErik Vagn Jørgensen appointed board member
Related companies
Same people in management
- Munck Forsyningsledninger A/Svia Tony Hansen
- NCC Industry A/Svia Thomas Rask Jensen
- Dav Nordic A/Svia Thomas Rask Jensen
- Bsi A/Svia Thomas Rask Jensen
- Chr. Johannsen A/Svia Thomas Rask Jensen
- Alflow Scandinavia A/Svia Thomas Rask Jensen
Largest in the industry
- Techtronic Industries Nordic ApSDKK 272.5m
- Volvo Entreprenørmaskiner A/SDKK 203.8m
- Johs. Møllers Maskiner A/SDKK 154m
- Scantruck A/SDKK 144.9m
- Hilti Danmark A/SDKK 134.3m
- Armatec A/SDKK 88.4m
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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.