Renold A/S

Public limited companyCVR 62674016RingstedActive

Renold A/S is a public limited company, based in Ringsted, active in wholesale of machine tools, founded in 1965. Net profit fell 84% from 2024 to 2025, ending at DKK 19,761. The company has existed for over 60 years.

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Key figures · financial year 2025

Gross profitDKK 2.6m−2.2% vs. 2024
Net profitDKK 19,761−84.4% vs. 2024
EquityDKK 1.8m+1.1% vs. 2024
Employees4latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 2% (2024 → 2025), to DKK 2.6m.
  • Net profit fell 84% (2024 → 2025), to DKK 19,761.
  • Equity rose 1% (2024 → 2025), to DKK 1.8m.

Employees

  • 1 more employees than a year earlier: 4 (07/2026) against 3 (07/2025).

Management and owners, last 24 months

  • New in management: Adam Robert Worsley (chair of the board, 05/02/2026), Andrew Peter Buller (director, 30/06/2026) and Rodrigo Andres Rodriguez (board member, 30/06/2026).
  • Stepped down: Michael Peter Wallwork (chair of the board, 05/02/2026), James Robert Haughey (board member, 30/06/2026) and James Robert Haughey (director, 30/06/2026).

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 2020–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 200kDKK 400kDKK 600kDKK 800kDKK 1mDKK 1.2mDKK 1.4mDKK 1.6mDKK 1.8m202020212022202320242025
EquityNet profit
Financial figures for Renold A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit2,4262,3432,2972,5512,6222,563−2.2%
Operating profit (EBIT)17510776162107−2−102.3%
Profit before tax18612014516317039−76.9%
Net profit1368510912512620−84.4%
Total assets1,9402,2462,2032,3662,8342,934+3.5%
Equity1,3781,4621,5711,6961,8221,842+1.1%
Liabilities5477716176599991,081+8.2%
Cash and cash equivalents4924235676031,2191,396+14.6%
Average number of employees4443440%

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 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6m202020212022202320242025
Gross profitMedian, the industry (157 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

6 financial years
Annual reports for Renold A/S
Financial yearPeriodPublishedFigures forDocuments
202501/04/2024 – 31/03/202515/06/2026The companyPDF not statedXBRL
202401/04/2023 – 31/03/202416/09/2024The companyPDFXBRL
202301/04/2022 – 31/03/202318/09/2023The companyPDFXBRL
202201/04/2021 – 31/03/202230/09/2022The companyPDFXBRL
202101/04/2020 – 31/03/202120/09/2021The companyPDFXBRL
202001/04/2019 – 31/03/202008/12/2020The 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
0123408/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

157 companies in the database

Comparison with the other companies in wholesale of machine tools based on the latest financial year.

Gross profitDKK 2.6mNo. 114 of 157
Better than 28% of the companies in the industry
EquityDKK 1.8mNo. 117 of 157
Better than 26% of the companies in the industry
Number of employees4No. 91 of 157
Better than 42% of the companies in the industry

Industry median: gross profit DKK 5.7m, net profit DKK 760k, equity DKK 5.4m, 6 employees.

DKK 100kDKK 838kDKK 7mDKK 58.8mDKK 242.7mHere
Distribution of gross profit for 154 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. 25,809of 69,742
Better than 63%
No. 25,411of 69,964
Better than 64%
Same industry and fewer than 20 employees125 companies in the comparison
No. 82of 125
Better than 35%
No. 86of 125
Better than 31%
Companies that are at least 30 years old10,276 companies in the comparison
No. 6,922of 10,152
Better than 32%
No. 8,009of 10,275
Better than 22%
All companies of type A/S18,025 companies in the comparison
No. 14,094of 17,786
Better than 21%
No. 14,739of 18,024
Better than 18%

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 machine tools
Gross profit
  1. Renold A/SDKK 2.6m
  2. Würth Danmark A/SDKK 493m
  3. Robert Bosch A/SDKK 229.5m
Net profit
  1. Renold A/SDKK 19,761
  2. Würth Danmark A/SDKK 42.8m
  3. Robert Bosch A/SDKK 34.5m
Equity
  1. Renold A/SDKK 1.8m
  2. Würth Danmark A/SDKK 320.5m
  3. Robert Bosch A/SDKK 100.3m
Employees
  1. Renold A/S4
  2. Würth Danmark A/S650
  3. Robert Bosch A/S199

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
  • Renold Power Transmission Limited Company100%
Renold A/S

Management

4 active registrations

Executive management

Executive management at Renold A/S
NameRoleAppointed
Andrew Peter BullerDirector30/06/2026

Board of directors

Board of directors at Renold A/S
NameRoleAppointed
Andrew Peter BullerBoard member02/01/2020
Adam Robert WorsleyChair of the board05/02/2026
Rodrigo Andres RodriguezBoard member30/06/2026
Former management (40)
Former management at Renold A/S
NameRoleAppointedResigned
Jørgen Aage StrobelBoard member02/06/196526/10/1989
Knud Iver KnudsenBoard member02/06/196522/09/1988
Knud Iver KnudsenDirector02/06/196522/09/1988
Erik Albert BaltsersenBoard member02/06/196526/10/1989
Torben Tarp JensenBoard member02/06/196502/09/1994
Torben Tarp JensenDirector02/06/196502/09/1994
Bjørn Olaf Tangen SchmidtBoard member02/06/196531/12/2001
Bjørn Olaf Tangen SchmidtDirector02/06/196520/12/2001
Geoffrey Richard NewtonBoard member02/06/196522/09/2006
Peter BibbyBoard member02/06/196511/07/1988
John Hamilton Birkett AllanBoard member02/06/196501/08/2000
John Robert MooreDirector02/06/196513/01/1989
Arthur CloughBoard member02/06/196525/06/1990
Christopher Stuart WoodBoard member02/06/196508/05/1992
Martin Peter GilksChair of the board02/06/196509/06/1997
Martin Peter GilksDirector02/06/196513/03/1995
Albert Donald Berdon RobertsonChair of the board09/06/199730/06/2004
Lennart Arne ThörnvallBoard member01/01/200211/10/2012
Lennart Arne ThörnvallCEO01/01/200211/10/2012
Derek Anthony BrownChair of the board30/06/200422/09/2006
Peter Edward BreamBoard member22/09/200614/02/2011
Robert John DaviesBoard member22/09/200631/01/2013
Stephen GatesBoard member11/10/201201/07/2013
Stephen GatesCEO11/10/201201/07/2013
Eleanor MorrisBoard member31/01/201311/02/2014
Louise Mary Helen BraceBoard member01/07/201326/09/2017
Louise Mary Helen BraceCEO01/07/201326/09/2017
Brian Thomas TennerChair of the board01/07/201318/11/2016
Stuart James SimsBoard member11/02/201426/09/2017
Matthew Anthony TaylorChair of the board18/11/201626/09/2017
Ian Lloyd ScapensBoard member10/01/201729/04/2020
Ian Lloyd ScapensDirector26/09/201729/04/2020
Graham ConyersChair of the board26/09/201715/02/2018
Paul Andrew AndersonBoard member26/09/201715/02/2018
Michael Peter WallworkChair of the board15/02/201805/02/2026
Antony Kenneth EdwardsBoard member15/02/201802/01/2020
Simon Peter VenablesBoard member29/04/202015/03/2021
Simon Peter VenablesDirector29/04/202015/03/2021
James Robert HaugheyBoard member15/03/202130/06/2026
James Robert HaugheyDirector15/03/202130/06/2026

Signing rule: Selskabet tegnes af 2 bestyrelsesmedlemmer i forening, eller af en direktør i forening med et bestyrelsesmedlem.

Address and production units

1 active production units

Kærup Alle 2
4100 Ringsted

Ringsted Municipality · Postcode 4100

Production units
Production unitAddressEmployeesP number
RENOLD A/SKærup Alle 2, 1, 4100 Ringsted41002157475

Purpose

Selskabets formål er at fremstille og forhandle mekaniske transmissionselementer, transportudstyr og støbegods samt komponenter og tilbehør hertil og anden hermed forbunden virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

97 registered events
20267 changesmanagement 6 · accounts 1
  • Rodrigo Andres Rodriguez appointed board member
  • Andrew Peter Buller appointed director
  • James Robert Haughey stepped down as director
  • James Robert Haughey stepped down as board member
  • Annual report for 2025 published
  • Adam Robert Worsley appointed chair of the board
  • Michael Peter Wallwork stepped down as chair of the board
20241 changeaccounts 1
  • Annual report for 2024 published
20231 changeaccounts 1
  • Annual report for 2023 published
20221 changeaccounts 1
  • Annual report for 2022 published
20215 changesaccounts 1 · management 4
  • Annual report for 2021 published
  • James Robert Haughey appointed director
  • James Robert Haughey appointed board member
  • Simon Peter Venables stepped down as board member
  • Simon Peter Venables stepped down as director
20207 changesaccounts 1 · management 6
  • Annual report for 2020 published
  • Simon Peter Venables appointed board member
  • Simon Peter Venables appointed director
  • Ian Lloyd Scapens stepped down as director
  • Ian Lloyd Scapens stepped down as board member
  • Andrew Peter Buller appointed board member
  • Antony Kenneth Edwards stepped down as board member
20184 changesmanagement 4
  • Antony Kenneth Edwards appointed board member
  • Michael Peter Wallwork appointed chair of the board
  • Paul Andrew Anderson stepped down as board member
  • Graham Conyers stepped down as chair of the board
20178 changesmanagement 8
  • Ian Lloyd Scapens appointed director
  • Paul Andrew Anderson appointed board member
  • Graham Conyers appointed chair of the board
  • Matthew Anthony Taylor stepped down as chair of the board
  • Stuart James Sims stepped down as board member
  • Louise Mary Helen Brace stepped down as board member
  • Louise Mary Helen Brace stepped down as ceo
  • Ian Lloyd Scapens appointed board member
20162 changesmanagement 2
  • Matthew Anthony Taylor appointed chair of the board
  • Brian Thomas Tenner stepped down as chair of the board
20143 changesaddress 1 · management 2
  • Moved to Kærup Alle 2, 1, 4100 Ringsted
  • Stuart James Sims appointed board member
  • Eleanor Morris stepped down as board member
20139 changesaddress 2 · management 7
  • Moved to Tuborg Havnevej 19, 2900 Hellerup
  • Louise Mary Helen Brace appointed board member
  • Brian Thomas Tenner appointed chair of the board
  • Louise Mary Helen Brace appointed ceo
  • Stephen Gates stepped down as board member
  • Stephen Gates stepped down as ceo
  • Moved to Frederiksborggade 15, 11, 1360 København K
  • Eleanor Morris appointed board member
  • Robert John Davies stepped down as board member
20125 changesmanagement 4 · ownership 1
  • Stephen Gates appointed board member
  • Stephen Gates appointed ceo
  • Lennart Arne Thörnvall stepped down as ceo
  • Lennart Arne Thörnvall stepped down as board member
  • Renold Power Transmission Limited Company registered as owner (100%)
20111 changemanagement 1
  • Peter Edward Bream stepped down as board member
20082 changesaddress 1 · industry 1
  • Moved to Stamholmen 193D, 2650 Hvidovre
  • Industry changed to Wholesale of machine tools (466200)
20064 changesmanagement 4
  • Peter Edward Bream appointed board member
  • Robert John Davies appointed board member
  • Derek Anthony Brown stepped down as chair of the board
  • Geoffrey Richard Newton stepped down as board member
20042 changesmanagement 2
  • Derek Anthony Brown appointed chair of the board
  • Albert Donald Berdon Robertson stepped down as chair of the board
20022 changesmanagement 2
  • Lennart Arne Thörnvall appointed ceo
  • Lennart Arne Thörnvall appointed board member
20012 changesmanagement 2
  • Bjørn Olaf Tangen Schmidt stepped down as board member
  • Bjørn Olaf Tangen Schmidt stepped down as director
20001 changemanagement 1
  • John Hamilton Birkett Allan stepped down as board member
19972 changesmanagement 2
  • Albert Donald Berdon Robertson appointed chair of the board
  • Martin Peter Gilks stepped down as chair of the board
19951 changemanagement 1
  • Martin Peter Gilks stepped down as director
19942 changesmanagement 2
  • Torben Tarp Jensen stepped down as director
  • Torben Tarp Jensen stepped down as board member
19921 changemanagement 1
  • Christopher Stuart Wood stepped down as board member
19901 changemanagement 1
  • Arthur Clough stepped down as board member
19893 changesmanagement 3
  • Jørgen Aage Strobel stepped down as board member
  • Erik Albert Baltsersen stepped down as board member
  • John Robert Moore stepped down as director
19883 changesmanagement 3
  • Knud Iver Knudsen stepped down as director
  • Knud Iver Knudsen stepped down as board member
  • Peter Bibby stepped down as board member
196517 changesfounded 1 · management 16
  • Registered as RENOLD A/S
  • Jørgen Aage Strobel appointed board member
  • John Hamilton Birkett Allan appointed board member
  • Peter Bibby appointed board member
  • Geoffrey Richard Newton appointed board member
  • Bjørn Olaf Tangen Schmidt appointed director
  • Bjørn Olaf Tangen Schmidt appointed board member
  • Torben Tarp Jensen appointed director
  • Torben Tarp Jensen appointed board member
  • Erik Albert Baltsersen appointed board member
  • Knud Iver Knudsen appointed director
  • John Robert Moore appointed director
  • Knud Iver Knudsen appointed board member
  • Martin Peter Gilks appointed director
  • Martin Peter Gilks appointed chair of the board
  • Christopher Stuart Wood appointed board member
  • Arthur Clough appointed board member

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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.

View in CVRReport a correction