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Rubtec A/S

Public limited companyCVR 27226434HorsensActive

Rubtec A/S is a public limited company, based in Horsens, active in manufacture of military fighting vehicles, founded in 2003. Net profit rose 240% from 2024 to 2025, ending at DKK 5.9m. Profit has grown three years in a row. Equity grew to DKK 24.7m in 2025.

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Key figures · financial year 2025

Gross profitDKK 14m+96.1% vs. 2024
Net profitDKK 5.9m+240.1% vs. 2024
EquityDKK 24.7m+31.7% vs. 2024
Employees16latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 96% (2024 → 2025), to DKK 14m.
  • Net profit rose 240% (2024 → 2025), to DKK 5.9m.
  • Equity rose 32% (2024 → 2025), to DKK 24.7m.

Employees

  • 2 more employees than a year earlier: 16 (08/2026) against 14 (08/2025).

Management and owners, last 24 months

  • New owners registered: Tcl Invest ApS (20/01/2025).
  • No longer registered as owner: Tcl Invest ApS (19/01/2025) and Claus Laursen Holding II ApS (20/01/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of military fighting vehicles (304000)

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 5mDKK 10mDKK 15mDKK 20mDKK 25m202020212022202320242025
EquityNet profit
Financial figures for Rubtec A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit9,8345,3776,2916,2517,14814,020+96.1%
Operating profit (EBIT)5,2531,0202,6811,7952,2917,645+233.7%
Profit before tax5,4921,1952,7051,4512,2227,612+242.5%
Net profit4,3821,0642,1571,1781,7455,934+240.1%
Total assets24,68420,15522,67226,74928,48334,837+22.3%
Equity5,7824,4465,70317,90118,74624,680+31.7%
Liabilities18,32215,07216,2868,1429,0169,434+4.6%
Cash and cash equivalents10,1712,1235,0615433,09910,791+248.2%
Average number of employees8879911+22.2%

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 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16mDKK 18m202020212022202320242025
Gross profitMedian, the industry (4 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 Rubtec A/S
Financial yearPeriodPublishedFigures forDocuments
202501/07/2024 – 30/06/202521/10/2025The companyPDF not statedXBRL
202401/07/2023 – 30/06/202409/12/2024The companyPDFXBRL
202301/07/2022 – 30/06/202329/12/2023The companyPDFXBRL
202201/07/2021 – 30/06/202222/12/2022The companyPDF not statedXBRL
202101/07/2020 – 30/06/202113/12/2021The companyPDF not statedXBRL
202001/07/2019 – 30/06/202016/11/2020The 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

4 companies in the database

Comparison with the other companies in manufacture of military fighting vehicles based on the latest financial year.

Gross profitDKK 14mNo. 4 of 4
Better than 0% of the companies in the industry
EquityDKK 24.7mNo. 3 of 4
Better than 33% of the companies in the industry
Number of employees16No. 4 of 4
Better than 0% of the companies in the industry

Industry median: gross profit DKK 18.1m, net profit DKK 7.2m, equity DKK 26.8m, 29 employees.

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. 2,695of 69,742
Better than 96%
No. 5,058of 69,964
Better than 93%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 4,572of 24,791
Better than 82%
No. 3,880of 24,909
Better than 84%
All companies of type A/S18,025 companies in the comparison
No. 7,487of 17,786
Better than 58%
No. 5,508of 18,024
Better than 69%

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 military fighting vehicles
Gross profit
  1. Rubtec A/SDKK 14m
  2. Sima Innovation A/SDKK 77.9m
  3. Composhield A/SDKK 21.2m
Net profit
  1. Rubtec A/SDKK 5.9m
  2. Sima Innovation A/SDKK 42.2m
  3. Composhield A/SDKK 8.5m
Equity
  1. Rubtec A/SDKK 24.7m
  2. Sima Innovation A/SDKK 68.9m
  3. Composhield A/SDKK 11.2m
Employees
  1. Rubtec A/S16
  2. Sima Innovation A/S45
  3. Composhield A/S35

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
  • Tcl Invest ApS100%
Rubtec A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

5 active registrations

Executive management

Executive management at Rubtec A/S
NameRoleAppointed
Tim Christian LaursenDirector15/05/2024

Board of directors

Board of directors at Rubtec A/S
NameRoleAppointed
Hanne LaursenBoard member23/10/2008
Egon Kjær JensenBoard member01/06/2020
Claus Skousen LaursenChair of the board15/05/2024
Tim Christian LaursenBoard member15/05/2024
Founders
Claus Laursen Holding ApS
Former management (5)
Former management at Rubtec A/S
NameRoleAppointedResigned
Claus Skousen LaursenDirector27/06/200315/05/2024
Claus Skousen LaursenBoard member23/10/200814/05/2024
Hans RasmussenChair of the board23/10/200819/11/2012
Tim Christian LaursenBoard member19/11/201207/03/2022
Tim Christian LaursenChair of the board08/03/202214/05/2024

Signing rule: Selskabet tegnes af direktøren alene eller af bestyrelsesformanden alene eller af den samlede bestyrelse

Address and production units

1 active production units

Vågøvej 28
8700 Horsens

Horsens Municipality · Postcode 8700

Production units
Production unitAddressEmployeesP number
RUBTEC A/SVågøvej 28, 8700 Horsens161017792535

Purpose

Selskabets formål er at udøve produktions- og handelsvirksomhed, herunder import og eksport.

The purpose is quoted from the register in Danish.

Changes year by year

43 registered events
20255 changesaccounts 1 · ownership 3 · industry 1
  • Annual report for 2025 published
  • TCL INVEST ApS registered as owner (100%)
  • Claus Laursen Holding II ApS is no longer registered as owner
  • TCL INVEST ApS is no longer registered as owner
  • Industry changed to Manufacture of military fighting vehicles (304000)
20247 changesaccounts 1 · management 6
  • Annual report for 2024 published
  • Claus Skousen Laursen appointed chair of the board
  • Tim Christian Laursen appointed board member
  • Tim Christian Laursen appointed director
  • Claus Skousen Laursen stepped down as director
  • Tim Christian Laursen stepped down as chair of the board
  • Claus Skousen Laursen stepped down as board member
20238 changesaccounts 1 · capital 1 · ownership 6
  • Annual report for 2023 published
  • Share capital changed from 500,000 DKK to 902,083 DKK
  • CLAUS LAURSEN HOLDING ApS registered as owner (66.67%)
  • CLAUS LAURSEN HOLDING ApS is no longer registered as owner
  • TCL INVEST ApS registered as owner (25%)
  • Claus Laursen Holding II ApS registered as owner (66.67%)
  • TCL INVEST ApS is no longer registered as owner
  • CLAUS LAURSEN HOLDING ApS is no longer registered as owner
20223 changesaccounts 1 · management 2
  • Annual report for 2022 published
  • Tim Christian Laursen appointed chair of the board
  • Tim Christian Laursen stepped down as board member
20211 changeaccounts 1
  • Annual report for 2021 published
20203 changesaccounts 1 · management 1 · ownership 1
  • Annual report for 2020 published
  • Egon Kjær Jensen appointed board member
  • TCL INVEST ApS registered as owner (50%)
20161 changeaddress 1
  • Moved to Vågøvej 28, 8700 Horsens
20122 changesmanagement 2
  • Tim Christian Laursen appointed board member
  • Hans Rasmussen stepped down as chair of the board
20086 changesname 1 · capital 1 · management 3 · industry 1
  • Name changed from RUBTEC ApS to RUBTEC A/S
  • Share capital changed from 125,000 DKK to 500,000 DKK
  • Hanne Laursen appointed board member
  • Claus Skousen Laursen appointed board member
  • Hans Rasmussen appointed chair of the board
  • Industry changed to Non-specialised wholesale trade (469000)
20042 changesindustry 2
  • Industry changed to Anden engroshandel (519000)
  • Industry changed to Engroshandel med kemiske produkter (515500)
20035 changesname 1 · industry 1 · founded 1 · management 1 · ownership 1
  • Name changed from C. L. SPAREPARTS LOGISTIC ApS to RUBTEC ApS
  • Industry changed to Detailhandel med reservedele og tilbehør til biler mv. (autoudstyrsforretninger) (503020)
  • Registered as C. L. SPAREPARTS LOGISTIC ApS
  • Claus Skousen Laursen appointed director
  • CLAUS LAURSEN HOLDING ApS registered as owner (50%)

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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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