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Rawo A/S

Public limited companyCVR 29972842HerlevActive

Rawo A/S is a public limited company, based in Herlev, active in construction of buildings, founded in 2006. Net profit rose 512% from 2024 to 2025, ending at DKK 3m. With 16 employees, the company is about 3 times larger than the industry median. Equity grew to DKK 14.1m in 2025.

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Key figures · financial year 2025

Gross profitDKK 9.9m+230.1% vs. 2024
Net profitDKK 3m+511.9% vs. 2024
EquityDKK 14.1m+27.4% vs. 2024
Employees16latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 230% (2024 → 2025), to DKK 9.9m.
  • Net profit rose 512% (2024 → 2025), to DKK 3m.
  • Equity rose 27% (2024 → 2025), to DKK 14.1m.

Employees

  • 4 more employees than a year earlier: 16 (08/2026) against 12 (08/2025).

Management and owners, last 24 months

  • New in management: Ivan Allentoft (board member, 01/01/2025), Peter Westergaard (director, 01/01/2025) and Peter Westergaard (board member, 01/01/2025) (+1).
  • Stepped down: Tommy Olsen (director, 01/01/2025).
  • New owners registered: PW Byg Holding ApS (01/07/2025), Mads Refshauge Holding ApS (01/07/2025) and Adamas ApS (01/07/2025) (+5).
  • No longer registered as owner: Rawo Tangerine ApS (01/10/2026), Mads Refshauge Holding ApS (31/12/2024) and Tommy Olsen Holding ApS (31/12/2024) (+4).

Registrations, last 24 months

  • 11/08/2025: Moved to Herlev Hovedgade 15B, 2730 Herlev

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 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14m202020212022202320242025
EquityNet profit
Financial figures for Rawo A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit−19−21−20−1242,9969,890+230.1%
Operating profit (EBIT)−19−21−20−1247093,790+434.3%
Profit before tax511332109−1257153,911+447.3%
Net profit51132885−1254963,033+511.9%
Total assets11,8557,78764249321,15629,884+41.3%
Equity11,8367,76560047411,05514,087+27.4%
Liabilities1922431910,10215,796+56.4%
Cash and cash equivalents3913696424933,8176,067+59%
Average number of employees––––38+166.7%

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

−DKK 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10m202020212022202320242025
Gross profitMedian, the industry (914 companies)

Annual reports

6 financial years
Annual reports for Rawo A/S
Financial yearPeriodPublishedFigures forDocuments
202501/07/2024 – 30/06/202509/11/2025The companyPDF not statedXBRL
202401/07/2023 – 30/06/202428/10/2024The companyPDFXBRL
202301/07/2022 – 30/06/202301/11/2023The companyPDFXBRL
202201/07/2021 – 30/06/202205/12/2022The companyPDFXBRL
202101/07/2020 – 30/06/202130/11/2021The companyPDFXBRL
202001/07/2019 – 30/06/202027/11/2020The 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
024681012141609/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

914 companies in the database

Comparison with the other companies in construction of buildings based on the latest financial year.

Gross profitDKK 9.9mNo. 235 of 910
Better than 74% of the companies in the industry
EquityDKK 14.1mNo. 164 of 914
Better than 82% of the companies in the industry
Number of employees16No. 344 of 914
Better than 62% of the companies in the industry

Industry median: gross profit DKK 3.1m, net profit DKK 305k, equity DKK 1.8m, 5 employees.

DKK 100kDKK 927kDKK 8.6mDKK 79.7mDKK 351.9mHere
Distribution of gross profit for 851 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 fewer than 20 employees69,967 companies in the comparison
No. 4,913of 69,742
Better than 93%
No. 7,268of 69,964
Better than 90%
Same industry and fewer than 20 employees692 companies in the comparison
No. 51of 689
Better than 93%
No. 47of 692
Better than 93%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 6,018of 24,791
Better than 76%
No. 5,457of 24,909
Better than 78%
All companies of type A/S18,025 companies in the comparison
No. 9,035of 17,786
Better than 49%
No. 7,433of 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

Construction of buildings
Gross profit
  1. Rawo A/SDKK 9.9m
  2. Per Aarsleff A/SDKK 739.2m
  3. NCC Danmark A/SDKK 720.4m
Net profit
  1. Rawo A/SDKK 3m
  2. Per Aarsleff A/SDKK 279.8m
  3. NCC Danmark A/SDKK 316.9m
Equity
  1. Rawo A/SDKK 14.1m
  2. Per Aarsleff A/SDKK 1.5bn
  3. NCC Danmark A/SDKK 538.1m
Employees
  1. Rawo A/S16
  2. Per Aarsleff A/S2,957
  3. NCC Danmark A/S1,748

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
  • PW Byg Holding ApS15%
  • Mads Refshauge Holding ApS15%
  • Adamas ApS15%
  • Tommy Olsen Holding ApS15%
Rawo A/S

Management

7 active registrations

Executive management

Executive management at Rawo A/S
NameRoleAppointed
Peter WestergaardDirector01/01/2025

Board of directors

Board of directors at Rawo A/S
NameRoleAppointed
Tommy OlsenBoard member30/07/2023
Kim ØstergaardChair of the board30/07/2023
Mads RefshaugeBoard member29/09/2023
Ivan AllentoftBoard member01/01/2025
Peter WestergaardBoard member01/01/2025
Victor Bach QvistBoard member01/07/2025
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Founders
PW Byg Holding ApS, Mads Refshauge Holding ApS, Adamas ApS
Former management (5)
Former management at Rawo A/S
NameRoleAppointedResigned
Ivan AllentoftDirector23/10/200604/08/2023
Peter WestergaardDirector23/10/200604/08/2023
Mads RefshaugeDirector23/10/200604/08/2023
Tommy OlsenDirector06/02/200901/01/2025
Lisa HviidBoard member30/07/202329/09/2023

Signing rule: Selskabet tegnes af to medlemmer af bestyrelsen i forening eller af et medlem af bestyrelsen i forening med en direktør.

Address and production units

1 active production units

Herlev Hovedgade 15B
2730 Herlev

Herlev Municipality · Postcode 2730

Production units
Production unitAddressEmployeesP number
RAWO A/SHerlev Hovedgade 15B, 2730 Herlev161012698077

Purpose

Selskabets formål er udførelse af entrepriser og andre aktiviteter, som efter bestyrelsens skøn står i forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

71 registered events
20261 changeownership 1
  • Rawo Tangerine ApS is no longer registered as owner
202519 changesaccounts 1 · address 1 · management 5 · ownership 12
  • Annual report for 2025 published
  • Moved to Herlev Hovedgade 15B, 2730 Herlev
  • Victor Bach Qvist appointed board member
  • PW BYG HOLDING ApS registered as owner (15%)
  • TOMMY OLSEN HOLDING ApS registered as owner (15%)
  • ADAMAS ApS registered as owner (15%)
  • MADS REFSHAUGE HOLDING ApS registered as owner (15%)
  • MADS REFSHAUGE HOLDING ApS is no longer registered as owner
  • TOMMY OLSEN HOLDING ApS is no longer registered as owner
  • ADAMAS ApS is no longer registered as owner
  • PW BYG HOLDING ApS is no longer registered as owner
  • Peter Westergaard appointed board member
  • Ivan Allentoft appointed board member
  • Peter Westergaard appointed director
  • Tommy Olsen stepped down as director
  • MADS REFSHAUGE HOLDING ApS registered as owner (20%)
  • TOMMY OLSEN HOLDING ApS registered as owner (20%)
  • ADAMAS ApS registered as owner (20%)
  • PW BYG HOLDING ApS registered as owner (20%)
20244 changesownership 2 · accounts 1 · capital 1
  • MADS REFSHAUGE HOLDING ApS is no longer registered as owner
  • TOMMY OLSEN HOLDING ApS is no longer registered as owner
  • Annual report for 2024 published
  • Share capital changed from 1,000,000 DKK to 2,000,000 DKK
202330 changesaccounts 1 · management 8 · ownership 15 · industry 1 · capital 2 · name 2 · address 1
  • Annual report for 2023 published
  • Mads Refshauge appointed board member
  • Lisa Hviid stepped down as board member
  • MADS REFSHAUGE HOLDING ApS registered as owner (33.33%)
  • TOMMY OLSEN HOLDING ApS registered as owner (33.33%)
  • TOMMY OLSEN HOLDING ApS is no longer registered as owner
  • Industry changed to Opførelse af bygninger (412000)
  • Share capital changed from 537,634 DKK to 1,000,000 DKK
  • Ivan Allentoft stepped down as director
  • Mads Refshauge stepped down as director
  • Peter Westergaard stepped down as director
  • PW BYG HOLDING ApS registered as owner (20%)
  • PW BYG HOLDING ApS is no longer registered as owner
  • Rawo Tangerine ApS registered as owner (10%)
  • TOMMY OLSEN HOLDING ApS registered as owner (66.67%)
  • ADAMAS ApS registered as owner (20%)
  • ADAMAS ApS is no longer registered as owner
  • MADS REFSHAUGE HOLDING ApS registered as owner (20%)
  • MADS REFSHAUGE HOLDING ApS is no longer registered as owner
  • PW BYG HOLDING ApS is no longer registered as owner
  • TOMMY OLSEN HOLDING ApS is no longer registered as owner
  • ADAMAS ApS is no longer registered as owner
  • MADS REFSHAUGE HOLDING ApS is no longer registered as owner
  • Name changed from RAWO ApS to RAWO A/S
  • Share capital changed from 471,154 DKK to 537,634 DKK
  • Kim Østergaard appointed chair of the board
  • Lisa Hviid appointed board member
  • Tommy Olsen appointed board member
  • Moved to Hørkær 1A, 2730 Herlev
  • Name changed from IPM-Byg ApS to RAWO ApS
20221 changeaccounts 1
  • Annual report for 2022 published
20211 changeaccounts 1
  • Annual report for 2021 published
20202 changesindustry 1 · accounts 1
  • Industry changed to Anden finansiel formidling undtagen forsikring og pensionsforsikring, i.a.n. (649900)
  • Annual report for 2020 published
20162 changesname 1 · address 1
  • Name changed from IPM BYG ApS to IPM-Byg ApS
  • Moved to Toppen 4, 2860 Søborg
20131 changeaddress 1
  • Moved to Schlegels Alle 11, 4. tv, 1807 Frederiksberg C
20096 changescapital 1 · management 1 · ownership 4
  • Share capital changed from 375,000 DKK to 471,154 DKK
  • Tommy Olsen appointed director
  • PW BYG HOLDING ApS registered as owner (25%)
  • TOMMY OLSEN HOLDING ApS registered as owner (20%)
  • ADAMAS ApS registered as owner (25%)
  • MADS REFSHAUGE HOLDING ApS registered as owner (25%)
20064 changesfounded 1 · management 3
  • Registered as IPM BYG ApS
  • Ivan Allentoft appointed director
  • Mads Refshauge appointed director
  • Peter Westergaard appointed director

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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 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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