Reconor A/S

Public limited companyCVR 36719176ValbyActive

Reconor A/S is a public limited company, based in Valby, active in activities of non-financial head offices, founded in 2015. The company made a loss in both 2024 and 2025, most recently DKK 24.5m. Equity fell to DKK 27.2m in 2025.

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Key figures · financial year 2025

RevenueDKK 1.1bn−0.6% vs. 2024
Net profit−DKK 24.5m+68.8% vs. 2024
EquityDKK 27.2m−47.4% vs. 2024
Employees33latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • The loss got smaller: from DKK 78.5m to DKK 24.5m (2024 → 2025).
  • Equity fell 47% (2024 → 2025), to DKK 27.2m.

Employees

  • 1 more employees than a year earlier: 33 (07/2026) against 32 (07/2025).

Management and owners, last 24 months

  • New in management: Barnaby Michael John Hampson (director, 01/12/2024), Birgit Nørgaard (chair of the board, 08/05/2026) and John Hanna (board member, 08/05/2026) (+2).
  • Stepped down: Niels Meidahl (chair of the board, 09/03/2026), John Hanna (board member, 08/03/2026) and Flemming Sloth Lauridsen (board member, 08/05/2026) (+1).
  • New owners registered: Reconor Holding ApS (30/09/2025).
  • No longer registered as owner: MH Gruppen MidCo ApS (30/09/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Activities of non-financial head offices (701010)

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 100m−DKK 50mDKK 0DKK 50mDKK 100mDKK 150mDKK 200m202020212022202320242025
EquityNet profit
Financial figures for Reconor A/S
202020212022202320242025Change
Revenue825,071987,8741,167,6851,222,2071,117,2821,110,758−0.6%
Gross profit509,889590,642638,839679,460–––
Operating profit (EBIT)99,503104,31099,017100,29011,70853,500+357%
Profit before tax2,652−973−3,333−34,558−78,636−18,242+76.8%
Net profit−11,368−21,759−18,482−50,610−78,470−24,519+68.8%
Total assets1,541,7851,683,3601,744,2891,767,3331,745,3541,750,727+0.3%
Equity221,089199,330180,848130,23851,76827,249−47.4%
Liabilities1,320,6961,484,0301,563,4411,637,0951,693,5861,723,478+1.8%
Cash and cash equivalents148,598147,906103,358101,08971,87384,965+18.2%
Average number of employees502539567––––

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 100mDKK 200mDKK 300mDKK 400mDKK 500mDKK 600mDKK 700m202020212022202320242025
Gross profitMedian, the industry (310 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Loss for 6 years in a row

    Net result has been negative in 2020–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Equity fell sharply

    Equity fell 47% from 2024 to 2025 (DKK 51.8m to DKK 27.2m).

    How is this calculated?

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

  • Low equity ratio

    Equity makes up 2% of total assets in 2025.

    How is this calculated?

    Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.

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 Reconor A/S
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202525/03/2026The companyPDF not statedXBRL
202401/10/2023 – 30/09/202416/04/2025The companyPDF not statedXBRL
202301/10/2022 – 30/09/202303/04/2024The companyPDF not statedXBRL
202201/10/2021 – 30/09/202224/02/2023The companyPDFXBRL
202101/10/2020 – 30/09/202114/01/2022The companyPDFXBRL
202001/10/2019 – 30/09/202009/03/2021The 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
0510152025303508/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

310 companies in the database

Comparison with the other companies in activities of non-financial head offices based on the latest financial year.

EquityDKK 27.2mNo. 227 of 310
Better than 27% of the companies in the industry
Number of employees33No. 179 of 310
Better than 42% of the companies in the industry

Industry median: gross profit DKK 31.9m, net profit DKK 3.9m, equity DKK 179.4m, 49 employees.

DKK 100kDKK 2.7mDKK 75.2mDKK 2.1bnDKK 18.8bn
Distribution of gross profit for 235 companies in the industry (latest financial year, logarithmic scale).

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 20–49 employees9,922 companies in the comparisonnot stated
No. 1,308of 9,922
Better than 87%
Same industry and 20–49 employees60 companies in the comparisonnot stated
No. 49of 60
Better than 19%
Companies that are between 5 and 14 years old33,688 companies in the comparisonnot stated
No. 1,852of 33,687
Better than 95%
All companies of type A/S18,025 companies in the comparisonnot stated
No. 5,218of 18,024
Better than 71%

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

Activities of non-financial head offices
Gross profit
  1. Reconor A/SDKK 679.5m
  2. LEGO A/SDKK 56.6bn
  3. Demant A/SDKK 17.4bn
Net profit
  1. Reconor A/S−DKK 24.5m
  2. LEGO A/SDKK 16.7bn
  3. Demant A/SDKK 1.5bn
Equity
  1. Reconor A/SDKK 27.2m
  2. LEGO A/SDKK 49.3bn
  3. Demant A/SDKK 9.9bn
Employees
  1. Reconor A/S33
  2. LEGO A/S5
  3. Demant A/S58

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
  • Reconor Holding ApS100%
Reconor A/S

Subsidiaries are shown only if they are in the database.

Management

6 active registrations

Executive management

Executive management at Reconor A/S
NameRoleAppointed
Flemming Sloth LauridsenCEO16/04/2024
Rikke Nissen SigdalDirector30/06/2024
Barnaby Michael John HampsonDirector01/12/2024

Board of directors

Board of directors at Reconor A/S
NameRoleAppointed
Alexandre GehlerBoard member20/10/2023
Birgit NørgaardChair of the board08/05/2026
John HannaBoard member08/05/2026
Founders
Agilitas 2013 Private Equity Fund L.P.
Former management (20)
Former management at Reconor A/S
NameRoleAppointedResigned
Martin CalderbankCEO20/04/201518/06/2015
Christian RindbølCEO18/06/201506/06/2016
Kevin Kristoffer Ehnhuus IermiinBoard member18/06/201520/10/2023
Martin CalderbankChair of the board18/06/201514/11/2017
Serge TouatiBoard member18/06/201508/05/2018
Carsten FichCEO06/06/201620/11/2017
Jørgen LindegaardChair of the board14/11/201730/04/2019
Henrik Axel Juul NordenlundCEO20/11/201708/03/2024
Henrik Axel Juul NordenlundBoard member08/05/201816/11/2018
Martin KlitgaardDirector08/05/201828/02/2019
Niels MeidahlBoard member16/11/201830/06/2020
Carsten BennikeChair of the board30/04/201901/07/2020
Katrine Kjems Hyldgaard ChristensenDirector01/11/201930/06/2024
Katrine Kjems Hyldgaard ChristensenBoard member01/11/201901/11/2019
Niels MeidahlChair of the board01/07/202009/03/2026
Ivar Green-PaulsenBoard member01/07/202020/10/2023
John HannaBoard member20/10/202308/03/2026
Karsten LudvigsenCEO08/03/202416/04/2024
Flemming Sloth LauridsenBoard member09/03/202608/05/2026
John HannaChair of the board09/03/202607/05/2026

Signing rule: Selskabet tegnes af et bestyrelsesmedlem i forening med en direktør, af to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.

Address and production units

2 active production units

Paradisæblevej 4
2500 Valby

København Municipality · Postcode 2500

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
Reconor A/SParadisæblevej 4, 2. 2, 2500 Valby311020335439
Reconor A/SOceanvej 4, 8000 Aarhus C31031734122

Purpose

Selskabets formål er at eje aktier og andre værdipapirer.

The purpose is quoted from the register in Danish.

Changes year by year

66 registered events
20269 changesmanagement 8 · accounts 1
  • Birgit Nørgaard appointed chair of the board
  • John Hanna appointed board member
  • Flemming Sloth Lauridsen stepped down as board member
  • John Hanna stepped down as chair of the board
  • Annual report for 2025 published
  • Flemming Sloth Lauridsen appointed board member
  • John Hanna appointed chair of the board
  • Niels Meidahl stepped down as chair of the board
  • John Hanna stepped down as board member
20254 changesownership 2 · accounts 1 · industry 1
  • Reconor Holding ApS registered as owner (100%)
  • MH Gruppen MidCo ApS is no longer registered as owner
  • Annual report for 2024 published
  • Industry changed to Activities of non-financial head offices (701010)
20249 changesmanagement 7 · address 1 · accounts 1
  • Barnaby Michael John Hampson appointed director
  • Rikke Nissen Sigdal appointed director
  • Katrine Kjems Hyldgaard Christensen stepped down as director
  • Moved to Paradisæblevej 4, 2. 2, 2500 Valby
  • Flemming Sloth Lauridsen appointed ceo
  • Karsten Ludvigsen stepped down as ceo
  • Annual report for 2023 published
  • Karsten Ludvigsen appointed ceo
  • Henrik Axel Juul Nordenlund stepped down as ceo
20235 changesmanagement 4 · accounts 1
  • Alexandre Gehler appointed board member
  • John Hanna appointed board member
  • Ivar Green-Paulsen stepped down as board member
  • Kevin Kristoffer Ehnhuus Iermiin stepped down as board member
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20204 changesmanagement 4
  • Ivar Green-Paulsen appointed board member
  • Niels Meidahl appointed chair of the board
  • Carsten Bennike stepped down as chair of the board
  • Niels Meidahl stepped down as board member
20197 changesmanagement 6 · address 1
  • Katrine Kjems Hyldgaard Christensen appointed board member
  • Katrine Kjems Hyldgaard Christensen stepped down as board member
  • Katrine Kjems Hyldgaard Christensen appointed director
  • Moved to Hørmarken 2, 1, 3520 Farum
  • Carsten Bennike appointed chair of the board
  • Jørgen Lindegaard stepped down as chair of the board
  • Martin Klitgaard stepped down as director
20186 changesmanagement 5 · capital 1
  • Niels Meidahl appointed board member
  • Henrik Axel Juul Nordenlund stepped down as board member
  • Share capital changed from 7,537,500 DKK to 12,537,494 DKK
  • Martin Klitgaard appointed director
  • Henrik Axel Juul Nordenlund appointed board member
  • Serge Touati stepped down as board member
20174 changesmanagement 4
  • Henrik Axel Juul Nordenlund appointed ceo
  • Carsten Fich stepped down as ceo
  • Jørgen Lindegaard appointed chair of the board
  • Martin Calderbank stepped down as chair of the board
20164 changesmanagement 2 · name 2
  • Carsten Fich appointed ceo
  • Christian Rindbøl stepped down as ceo
  • Name changed from MH Gruppen A/S to Reconor A/S
  • Name changed from MH Gruppen ApS to MH Gruppen A/S
201512 changesaddress 1 · name 1 · capital 1 · management 6 · industry 1 · ownership 1 · founded 1
  • Moved to Farum Gydevej 62, 3520 Farum
  • Name changed from Dnav ApS to MH Gruppen ApS
  • Share capital changed from 50,000 DKK to 7,537,500 DKK
  • Christian Rindbøl appointed ceo
  • Serge Touati appointed board member
  • Martin Calderbank appointed chair of the board
  • Kevin Kristoffer Ehnhuus Iermiin appointed board member
  • Martin Calderbank stepped down as ceo
  • Industry changed to Activities of non-financial head offices (701010)
  • MH Gruppen MidCo ApS registered as owner (100%)
  • Registered as Dnav ApS
  • Martin Calderbank appointed ceo

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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.

View in CVRReport a correction