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PPG Coatings Danmark A/S

Public limited companyCVR 18998696SøborgActive

PPG Coatings Danmark A/S is a public limited company, based in Søborg, active in manufacture of paints, varnishes and similar coatings, printing ink and mastics, founded in 1995. Net profit fell 100% from 2024 to 2025, ending at DKK 29,664. Operations are spread over 25 production units in 21 towns. With 311 employees, the company is about 62 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 1m−99.9% vs. 2024
Net profitDKK 29,664−100% vs. 2024
EquityDKK 570k−99.9% vs. 2024
Employees311latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 100% (2024 → 2025), to DKK 274k.
  • Revenue fell 100% (2024 → 2025), to DKK 1m.
  • Net profit fell 100% (2024 → 2025), to DKK 29,664.
  • Equity fell 100% (2024 → 2025), to DKK 570k.

Employees

  • 1 more employees than a year earlier: 311 (07/2026) against 310 (07/2025).

Management and owners, last 24 months

  • New in management: Torben Beck (ceo, 29/08/2025), Rocco Semeraro (deputy chair, 12/12/2025) and John Sidney Smith (chair of the board, 06/07/2026) (+1).
  • Stepped down: Steven Pocock (chair of the board, 06/07/2026), Torben Beck (director, 28/08/2025) and Judith Sarah Graville (board member, 28/08/2025) (+1).

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 thousand

Equity and net profit

DKK 0DKK 100mDKK 200mDKK 300mDKK 400mDKK 500m202020212022202320242025
EquityNet profit
Financial figures for PPG Coatings Danmark A/S
202020212022202320242025Change
Revenue890,449897,2411,062,2111,011,868982,6481,026−99.9%
Gross profit318,863278,345260,422285,366284,609274−99.9%
Operating profit (EBIT)124,63785,06517,83935,27067,67537−99.9%
Profit before tax79,544100,97916,19240,70072,91839−99.9%
Net profit52,38682,64910,94825,56459,72330−100%
Total assets617,247681,500816,892837,745771,566816−99.9%
Equity259,001338,743455,039480,603540,326570−99.9%
Liabilities351,980337,097357,352351,998224,828240−99.9%
Cash and cash equivalents1,47277727771625,580116−99.5%
Average number of employees262276310304307229−25.4%

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 50mDKK 100mDKK 150mDKK 200mDKK 250mDKK 300m202020212022202320242025
Gross profitMedian, the industry (30 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 100% from 2024 to 2025 (DKK 540.3m to DKK 570k).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

  • Fewer employees

    The number of employees fell 25% from 307 in 2024 to 229 in 2025.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.

  • 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

6 financial years
Annual reports for PPG Coatings Danmark A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202530/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202430/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202312/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202227/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202130/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202028/05/2021The 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
05010015020025030008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

30 companies in the database

Comparison with the other companies in manufacture of paints, varnishes and similar coatings, printing ink and mastics based on the latest financial year.

Gross profitDKK 274kNo. 25 of 30
Better than 17% of the companies in the industry
EquityDKK 570kNo. 22 of 30
Better than 28% of the companies in the industry
Number of employees311No. 2 of 30
Better than 97% of the companies in the industry

Industry median: gross profit DKK 2.9m, net profit DKK 563k, equity DKK 3.8m, 5 employees.

DKK 144kDKK 853kDKK 5mDKK 29.9mDKK 97.7mHere
Distribution of gross profit for 29 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. 750of 763
Better than 2%
No. 757of 796
Better than 5%
Companies that are at least 30 years old10,276 companies in the comparison
No. 8,997of 10,152
Better than 11%
No. 9,313of 10,275
Better than 9%
All companies of type A/S18,025 companies in the comparison
No. 16,301of 17,786
Better than 8%
No. 16,576of 18,024
Better than 8%

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 paints, varnishes and similar coatings, printing ink and mastics
Gross profit
  1. PPG Coatings Danmark A/SDKK 274k
  2. Dana Lim A/SDKK 176.7m
  3. Beck & Jørgensen A/SDKK 98.2m
Net profit
  1. PPG Coatings Danmark A/SDKK 29,664
  2. Dana Lim A/SDKK 16m
  3. Beck & Jørgensen A/SDKK 15.8m
Equity
  1. PPG Coatings Danmark A/SDKK 570k
  2. Dana Lim A/SDKK 175m
  3. Beck & Jørgensen A/SDKK 125.9m
Employees
  1. PPG Coatings Danmark A/S311
  2. Dana Lim A/S220
  3. Beck & Jørgensen A/S133

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
  • PPG Industries Europe Sàrl100%
PPG Coatings Danmark A/S

Management

8 active registrations

Executive management

Executive management at PPG Coatings Danmark A/S
NameRoleAppointed
Torben BeckCEO29/08/2025

Board of directors

Board of directors at PPG Coatings Danmark A/S
NameRoleAppointed
Michael NielsenBoard member20/04/2006
Christian UlrichDeputy board member10/05/2022
Tina Bach PerssonDeputy board member10/05/2022
Mark Palm SchumacherBoard member10/05/2022
Torben BeckBoard member10/11/2022
Rocco SemeraroDeputy chair12/12/2025
John Sidney SmithChair of the board06/07/2026
Founders
S. Dyrup & Co. A/S
Former management (49)
Former management at PPG Coatings Danmark A/S
NameRoleAppointedResigned
Carsten Tvede-MøllerBoard member18/12/199527/04/2010
Henning ØstergaardBoard member18/12/199530/04/1997
Mogens GranborgChair of the board18/12/199526/05/2009
Jens ThorsenChair of the board18/12/199516/09/1996
Hanne LundBoard member18/12/199531/05/1996
Doris Hermine FriisBoard member18/12/199522/04/1998
Gerrit Dirk ToetBoard member18/12/199515/05/2002
John Astrup LundsgaardBoard member18/12/199522/04/1998
Erik SøndergaardDeputy chair18/12/199522/04/2004
Erik SøndergaardDirector18/12/199531/05/1996
Ole ToppenbergChair of the board18/12/199531/05/1996
Ole ToppenbergDirector18/12/199505/10/1999
Jan Brian MunkholmBoard member22/04/199820/04/2006
Steen BjerreCEO16/08/199905/08/2005
Magnus Sigfred BertelsenBoard member15/05/200220/04/2006
Lars KornumDeputy board member15/05/200220/04/2006
Hans Olaf BennetzenBoard member20/04/200528/04/2008
Henriette Holmgreen ThorsenBoard member20/10/200505/01/2012
Søren LadegaardBoard member20/04/200609/07/2009
Finn ImsgardDeputy board member20/04/200630/09/2008
Allan WolderBoard member20/04/200626/05/2009
Hanne LundDirector01/06/200604/09/2006
Erik Preben HolmCEO01/06/200631/03/2011
Jørgen Enegaard NicolajsenBoard member23/04/200728/04/2008
Anders Colding FriisChair of the board23/04/200705/01/2012
Per LarsenBoard member26/05/200927/04/2010
Torben Ballegaard SørensenDeputy chair09/07/200905/01/2012
Elisabeth Vitty Arbo NielsenBoard member30/07/200927/04/2010
Jannie JensenBoard member27/04/201001/01/2016
Pia PilmarkDeputy board member27/04/201007/05/2014
Charlotte Høllede Ørtoft RosenbeckDeputy board member27/04/201007/05/2014
Jørgen Enegaard NicolajsenCEO31/03/201105/01/2012
Erik Preben HolmBoard member27/04/201105/01/2012
Peter Flemming SørensenBoard member05/01/201224/10/2022
Peter Flemming SørensenCEO05/01/201224/10/2022
Nicholas Patrick Marie MéanDeputy chair15/03/201216/02/2015
Gregory Alan MolyneuxBoard member02/01/201402/01/2014
Ramaprasad VadlamannatiChair of the board02/01/201419/05/2016
Bjørn Bøjle AndersenDeputy board member07/05/201408/10/2018
Jan HollenderDeputy board member07/05/201431/12/2015
Pascal TisseyreBoard member16/02/201503/06/2019
Jan HollenderBoard member01/01/201610/05/2022
Ramaprasad VadlamannatiBoard member20/05/201620/05/2016
Steven PocockChair of the board20/05/201606/07/2026
Tina Bach PerssonDeputy board member12/04/201809/05/2022
Amrik Singh SindharBoard member03/06/201920/04/2023
Torben BeckDirector10/11/202228/08/2025
Judith Sarah GravilleBoard member20/04/202328/08/2025
Judith Sarah GravilleDeputy chair29/08/202512/12/2025

Signing rule: Selskabet tegnes af bestyrelsens formand, bestyrelsens næstformand eller den administrerende direktør, hver især i forening med en direktør eller et bestyrelsesmedlem, eller af den samlede bestyrelse.

Address and production units

25 active production units

Gladsaxevej 300
2860 Søborg

Gladsaxe Municipality · Postcode 2860

Other companies at the address (3)

  • Tegnology ApSProduction of electricity from renewable sources
  • atSpiro ApSManufacture of instruments and appliances for measuring, testing and navigation
  • Mannov A/SPublic relations and communication activities
Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
PPG Coatings Danmark A/SGladsaxevej 300, 2860 Søborg2011003154298
PPG Coatings Danmark A/SHåndværkervej 29, 9000 Aalborg111003981071
PPG Coatings Danmark A/SEjby Industrivej 60, 2600 Glostrup91023232428
PPG Coatings Danmark A/SByleddet 1A, 4000 Roskilde61029858388
PPG Coatings Danmark A/SHobrovej 16, 2610 Rødovre61015481532
PPG Coatings Danmark A/STomsagervej 2, 8230 Åbyhøj61003154365
PPG Coatings Danmark A/SDandyvej 5, 7100 Vejle61009648794
PPG Coatings Danmark A/SMjølnersvej 12, 8230 Åbyhøj61023232746
PPG Coatings Danmark A/SKlokkestøbervej 12, 5230 Odense M61029144016
PPG Coatings Danmark A/SVallensbækvej 46, 2625 Vallensbæk51003105928
PPG Coatings Danmark A/SBådehavnsgade 12, 2450 København SV51003154316
PPG Coatings Danmark A/SFalkevej 18, 4600 Køge51025347117
PPG Coatings Danmark A/SSmedevej 6, 6710 Esbjerg V51003154389
PPG Coatings Danmark A/SIndustrivænget 21, 3400 Hillerød41003420824
PPG Coatings Danmark A/SNattergalevej 6, 2400 København NV31023232398

Showing 15 of 25 units (sorted by employees).

Purpose

Selskabets formål er - direkte eller via besiddelse af kapitalandele i andre selskaber at drive industri-, handels- og investerings-virksomhed, herunder fremstilling og afsætning af maling, træpleje og speciallistprodukter og dermed beslægtede produkter.

The purpose is quoted from the register in Danish.

Changes year by year

129 registered events
20263 changesmanagement 2 · accounts 1
  • John Sidney Smith appointed chair of the board
  • Steven Pocock stepped down as chair of the board
  • Annual report for 2025 published
20257 changesmanagement 6 · accounts 1
  • Rocco Semeraro appointed deputy chair
  • Judith Sarah Graville stepped down as deputy chair
  • Judith Sarah Graville appointed deputy chair
  • Torben Beck appointed ceo
  • Judith Sarah Graville stepped down as board member
  • Torben Beck stepped down as director
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20233 changesaccounts 1 · management 2
  • Annual report for 2022 published
  • Judith Sarah Graville appointed board member
  • Amrik Singh Sindhar stepped down as board member
202211 changesmanagement 9 · merger 1 · accounts 1
  • Torben Beck appointed director
  • Torben Beck appointed board member
  • Peter Flemming Sørensen stepped down as ceo
  • Peter Flemming Sørensen stepped down as board member
  • Merger registered in CVR
  • Annual report for 2021 published
  • Christian Ulrich appointed deputy board member
  • Tina Bach Persson appointed deputy board member
  • Mark Palm Schumacher appointed board member
  • Jan Hollender stepped down as board member
  • Tina Bach Persson stepped down as deputy board member
20212 changesmerger 1 · accounts 1
  • Merger registered in CVR
  • Annual report for 2020 published
20201 changemerger 1
  • Merger registered in CVR
20192 changesmanagement 2
  • Amrik Singh Sindhar appointed board member
  • Pascal Tisseyre stepped down as board member
20183 changesmanagement 2 · address 1
  • Bjørn Bøjle Andersen stepped down as deputy board member
  • Tina Bach Persson appointed deputy board member
  • Moved to Gladsaxevej 300, 2860 Søborg
20172 changesname 1 · merger 1
  • Name changed from DYRUP A/S to PPG Coatings Danmark A/S
  • Merger registered in CVR
20166 changesmanagement 6
  • Steven Pocock appointed chair of the board
  • Ramaprasad Vadlamannati appointed board member
  • Ramaprasad Vadlamannati stepped down as board member
  • Ramaprasad Vadlamannati stepped down as chair of the board
  • Jan Hollender appointed board member
  • Jannie Jensen stepped down as board member
20155 changesmanagement 3 · merger 1 · industry 1
  • Jan Hollender stepped down as deputy board member
  • Merger registered in CVR
  • Pascal Tisseyre appointed board member
  • Nicholas Patrick Marie Méan stepped down as deputy chair
  • Industry changed to Manufacture of paints, varnishes and similar coatings, printing ink and mastics (203000)
20147 changesmanagement 7
  • Jan Hollender appointed deputy board member
  • Bjørn Bøjle Andersen appointed deputy board member
  • Pia Pilmark stepped down as deputy board member
  • Charlotte Høllede Ørtoft Rosenbeck stepped down as deputy board member
  • Gregory Alan Molyneux appointed board member
  • Gregory Alan Molyneux stepped down as board member
  • Ramaprasad Vadlamannati appointed chair of the board
20129 changesmanagement 8 · ownership 1
  • Nicholas Patrick Marie Méan appointed deputy chair
  • Peter Flemming Sørensen appointed ceo
  • Peter Flemming Sørensen appointed board member
  • Erik Preben Holm stepped down as board member
  • Jørgen Enegaard Nicolajsen stepped down as ceo
  • Torben Ballegaard Sørensen stepped down as deputy chair
  • Anders Colding Friis stepped down as chair of the board
  • Henriette Holmgreen Thorsen stepped down as board member
  • PPG Industries Europe Sàrl registered as owner (100%)
20113 changesmanagement 3
  • Erik Preben Holm appointed board member
  • Jørgen Enegaard Nicolajsen appointed ceo
  • Erik Preben Holm stepped down as ceo
20106 changesmanagement 6
  • Jannie Jensen appointed board member
  • Pia Pilmark appointed deputy board member
  • Charlotte Høllede Ørtoft Rosenbeck appointed deputy board member
  • Elisabeth Vitty Arbo Nielsen stepped down as board member
  • Per Larsen stepped down as board member
  • Carsten Tvede-Møller stepped down as board member
20097 changesmanagement 6 · industry 1
  • Elisabeth Vitty Arbo Nielsen appointed board member
  • Torben Ballegaard Sørensen appointed deputy chair
  • Søren Ladegaard stepped down as board member
  • Per Larsen appointed board member
  • Allan Wolder stepped down as board member
  • Mogens Granborg stepped down as chair of the board
  • Industry changed to Engroshandel med lak, maling, tapet, gulvbelægning mv. (467320)
20085 changesmanagement 3 · capital 1 · industry 1
  • Finn Imsgard stepped down as deputy board member
  • Share capital changed from 100,000,000 DKK to 110,000,000 DKK
  • Jørgen Enegaard Nicolajsen stepped down as board member
  • Hans Olaf Bennetzen stepped down as board member
  • Industry changed to Manufacture of paints, varnishes and similar coatings, printing ink and mastics (203000)
20072 changesmanagement 2
  • Jørgen Enegaard Nicolajsen appointed board member
  • Anders Colding Friis appointed chair of the board
200610 changesmanagement 10
  • Hanne Lund stepped down as director
  • Erik Preben Holm appointed ceo
  • Hanne Lund appointed director
  • Allan Wolder appointed board member
  • Finn Imsgard appointed deputy board member
  • Søren Ladegaard appointed board member
  • Michael Nielsen appointed board member
  • Magnus Sigfred Bertelsen stepped down as board member
  • Lars Kornum stepped down as deputy board member
  • Jan Brian Munkholm stepped down as board member
20053 changesmanagement 3
  • Henriette Holmgreen Thorsen appointed board member
  • Steen Bjerre stepped down as ceo
  • Hans Olaf Bennetzen appointed board member
20041 changemanagement 1
  • Erik Søndergaard stepped down as deputy chair
20023 changesmanagement 3
  • Magnus Sigfred Bertelsen appointed board member
  • Lars Kornum appointed deputy board member
  • Gerrit Dirk Toet stepped down as board member
20011 changename 1
  • Name changed from S. DYRUP & CO. A/S to DYRUP A/S
19992 changesmanagement 2
  • Ole Toppenberg stepped down as director
  • Steen Bjerre appointed ceo
19983 changesmanagement 3
  • Jan Brian Munkholm appointed board member
  • John Astrup Lundsgaard stepped down as board member
  • Doris Hermine Friis stepped down as board member
19971 changemanagement 1
  • Henning Østergaard stepped down as board member
19967 changesmanagement 4 · name 1 · capital 2
  • Jens Thorsen stepped down as chair of the board
  • Name changed from HOLDINGSELSKABET AF 18.12.95 A/S to S. DYRUP & CO. A/S
  • Share capital changed from 1,500,000 DKK to 100,000,000 DKK
  • Ole Toppenberg stepped down as chair of the board
  • Erik Søndergaard stepped down as director
  • Hanne Lund stepped down as board member
  • Share capital changed from 500,000 DKK to 1,500,000 DKK
199513 changesfounded 1 · management 12
  • Registered as HOLDINGSELSKABET AF 18.12.95 A/S
  • Ole Toppenberg appointed director
  • Ole Toppenberg appointed chair of the board
  • Erik Søndergaard appointed director
  • Erik Søndergaard appointed deputy chair
  • Carsten Tvede-Møller appointed board member
  • John Astrup Lundsgaard appointed board member
  • Gerrit Dirk Toet appointed board member
  • Doris Hermine Friis appointed board member
  • Hanne Lund appointed board member
  • Jens Thorsen appointed chair of the board
  • Henning Østergaard appointed board member
  • Mogens Granborg appointed chair of the board

Related companies

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Same people in management

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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