Sax Lift A/S

Public limited companyCVR 17326589VejenActive

Sax Lift A/S is a public limited company, based in Vejen, active in manufacture of lifting and handling equipment, founded in 1993. Net profit fell 6% from 2024 to 2025, ending at DKK 18.3m. Equity grew to DKK 50m in 2025. Gross profit is higher than that of 77% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 47.1m+4.9% vs. 2024
Net profitDKK 18.3m−5.9% vs. 2024
EquityDKK 50m+57.7% vs. 2024
Employees42latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 5% (2024 → 2025), to DKK 47.1m.
  • Net profit fell 6% (2024 → 2025), to DKK 18.3m.
  • Equity rose 58% (2024 → 2025), to DKK 50m.

Employees

  • 6 fewer employees than a year earlier: 42 (08/2026) against 48 (08/2025).

Management and owners, last 24 months

  • New owners registered: Indutrade AB (03/06/2025).
  • No longer registered as owner: SL Invest 2019 ApS (03/06/2025).

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 10mDKK 20mDKK 30mDKK 40mDKK 50m202020212022202320242025
EquityNet profit
Financial figures for Sax Lift A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit14,40322,97233,89635,18444,87547,091+4.9%
Operating profit (EBIT)4,57410,55919,07017,24124,32923,123−5%
Profit before tax4,24310,96318,79617,09724,95723,491−5.9%
Net profit3,3058,54414,65113,33119,45418,309−5.9%
Total assets19,90525,33738,86938,31247,85564,703+35.2%
Equity9,73412,18120,83424,16531,71950,028+57.7%
Liabilities10,06813,08317,90813,97315,94714,466−9.3%
Cash and cash equivalents4,0511,8172424,62717,55130,669+74.7%
Average number of employees192629333743+16.2%

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 10mDKK 20mDKK 30mDKK 40mDKK 50m202020212022202320242025
Gross profitMedian, the industry (109 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 Sax Lift A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202513/03/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202413/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202311/03/2024The companyPDFXBRL
202201/01/2022 – 31/12/202213/02/2023The companyPDFXBRL
202101/01/2021 – 31/12/202114/02/2022The companyPDFXBRL
202001/01/2020 – 31/12/202016/02/2021The 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
0102030405009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

109 companies in the database

Comparison with the other companies in manufacture of lifting and handling equipment based on the latest financial year.

Gross profitDKK 47.1mNo. 26 of 109
Better than 77% of the companies in the industry
EquityDKK 50mNo. 19 of 109
Better than 83% of the companies in the industry
Number of employees42No. 35 of 109
Better than 69% of the companies in the industry

Industry median: gross profit DKK 13.2m, net profit DKK 1.4m, equity DKK 9.8m, 23 employees.

DKK 100kDKK 817kDKK 6.7mDKK 54.6mDKK 221.5mHere
Distribution of gross profit for 107 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 20–49 employees9,922 companies in the comparison
No. 494of 9,892
Better than 95%
No. 704of 9,922
Better than 93%
Same industry and 20–49 employees30 companies in the comparison
No. 3of 30
Better than 93%
No. 4of 30
Better than 90%
Companies that are at least 30 years old10,276 companies in the comparison
No. 1,554of 10,152
Better than 85%
No. 1,992of 10,275
Better than 81%
All companies of type A/S18,025 companies in the comparison
No. 3,068of 17,786
Better than 83%
No. 3,577of 18,024
Better than 80%

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 lifting and handling equipment
Gross profit
  1. Sax Lift A/SDKK 47.1m
  2. V. Guldmann A/SDKK 446m
  3. Bila A/SDKK 433.3m
Net profit
  1. Sax Lift A/SDKK 18.3m
  2. V. Guldmann A/SDKK 4.1m
  3. Bila A/SDKK 73.7m
Equity
  1. Sax Lift A/SDKK 50m
  2. V. Guldmann A/SDKK 337.2m
  3. Bila A/SDKK 213m
Employees
  1. Sax Lift A/S42
  2. V. Guldmann A/S201
  3. Bila A/S515

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
  • Indutrade AB100%
Sax Lift A/S

Management

5 active registrations

Executive management

Executive management at Sax Lift A/S
NameRoleAppointed
Jes LinnetDirector15/10/2018

Board of directors

Board of directors at Sax Lift A/S
NameRoleAppointed
Peter Michael KriklywiBoard member08/02/2017
Erik Karl-Magnus WirestigBoard member03/01/2023
Jes LinnetBoard member25/05/2023
Per-Arne ForsmanChair of the board16/08/2024
Founders
Peter Hageman Christensen
Former management (23)
Former management at Sax Lift A/S
NameRoleAppointedResigned
Preben ElmstedBoard member07/10/199304/04/1997
Peter Hageman ChristensenDirector07/10/199304/03/1994
Helge BertelsenDirector07/10/199326/05/2008
Ole Bjørn OlesenBoard member07/10/199323/03/2001
Kjell OlsenBoard member07/10/199301/06/1994
Kjell OlsenBoard member04/04/199723/03/2001
Helge BertelsenChair of the board26/05/200824/06/2015
Karen Bodil Uldall SchmidtBoard member26/05/200801/09/2009
Frank Buchwald BertelsenBoard member26/05/200808/12/2016
Frank Buchwald BertelsenDirector26/05/200824/06/2015
Annette Hornbech HenriksenBoard member01/09/200924/06/2015
Lars Martens ClausenChair of the board24/06/201525/09/2019
Jan KnygleBoard member24/06/201515/09/2015
Jan KnygleDirector24/06/201515/10/2018
Asbjørn PoulsenBoard member15/09/201515/06/2019
Jan KnygleBoard member15/10/201803/01/2023
Jacob LachmannBoard member15/06/201908/02/2022
Benny MadsenChair of the board25/09/201903/01/2023
Anders TvegaardBoard member25/09/201908/02/2022
Jon Erik RisvigBoard member08/02/202203/01/2023
Anders Würtz HegaardBoard member03/01/202316/08/2024
Göte Harald MattssonChair of the board03/01/202316/08/2024
Oliver Johannes DahlbäckBoard member03/01/202316/08/2024

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

Address and production units

1 active production units

Engvej 10
6600 Vejen

Vejen Municipality · Postcode 6600

Production units
Production unitAddressEmployeesP number
SAX LIFT A/SEngvej 10, 6600 Vejen421001266337

Purpose

Selskabets formål er at drive handel og fabrikation, besiddelse af fast ejendom samt detil knyttede aktiviteter.

The purpose is quoted from the register in Danish.

Changes year by year

73 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20253 changesownership 2 · accounts 1
  • Indutrade AB registered as owner (100%)
  • SL Invest 2019 ApS is no longer registered as owner
  • Annual report for 2024 published
20245 changesmanagement 4 · accounts 1
  • Per-Arne Forsman appointed chair of the board
  • Oliver Johannes Dahlbäck stepped down as board member
  • Anders Würtz Hegaard stepped down as board member
  • Göte Harald Mattsson stepped down as chair of the board
  • Annual report for 2023 published
20239 changesmanagement 8 · accounts 1
  • Jes Linnet appointed board member
  • Annual report for 2022 published
  • Oliver Johannes Dahlbäck appointed board member
  • Erik Karl-Magnus Wirestig appointed board member
  • Anders Würtz Hegaard appointed board member
  • Göte Harald Mattsson appointed chair of the board
  • Jon Erik Risvig stepped down as board member
  • Benny Madsen stepped down as chair of the board
  • Jan Knygle stepped down as board member
20224 changesaccounts 1 · management 3
  • Annual report for 2021 published
  • Jon Erik Risvig appointed board member
  • Anders Tvegaard stepped down as board member
  • Jacob Lachmann stepped down as board member
20211 changeaccounts 1
  • Annual report for 2020 published
20197 changesmanagement 5 · ownership 2
  • Anders Tvegaard appointed board member
  • Benny Madsen appointed chair of the board
  • Lars Martens Clausen stepped down as chair of the board
  • SL Invest 2019 ApS registered as owner (100%)
  • Lift Tables Invest ApS is no longer registered as owner
  • Jacob Lachmann appointed board member
  • Asbjørn Poulsen stepped down as board member
20183 changesmanagement 3
  • Jes Linnet appointed director
  • Jan Knygle appointed board member
  • Jan Knygle stepped down as director
20171 changemanagement 1
  • Peter Michael Kriklywi appointed board member
20161 changemanagement 1
  • Frank Buchwald Bertelsen stepped down as board member
201510 changesmanagement 8 · ownership 1 · address 1
  • Asbjørn Poulsen appointed board member
  • Jan Knygle stepped down as board member
  • Lift Tables Invest ApS registered as owner (100%)
  • Jan Knygle appointed director
  • Jan Knygle appointed board member
  • Lars Martens Clausen appointed chair of the board
  • Annette Hornbech Henriksen stepped down as board member
  • Helge Bertelsen stepped down as chair of the board
  • Frank Buchwald Bertelsen stepped down as director
  • Moved to Engvej 10, 6600 Vejen
20092 changesmanagement 2
  • Annette Hornbech Henriksen appointed board member
  • Karen Bodil Uldall Schmidt stepped down as board member
20088 changesname 1 · capital 1 · management 5 · industry 1
  • Name changed from SAX LIFT ApS to SAX LIFT A/S
  • Share capital changed from 340,229 DKK to 500,000 DKK
  • Helge Bertelsen appointed chair of the board
  • Frank Buchwald Bertelsen appointed director
  • Frank Buchwald Bertelsen appointed board member
  • Karen Bodil Uldall Schmidt appointed board member
  • Helge Bertelsen stepped down as director
  • Industry changed to Manufacture of lifting and handling equipment (282200)
20071 changecapital 1
  • Share capital changed from 310,000 DKK to 340,229 DKK
20012 changesmanagement 2
  • Kjell Olsen stepped down as board member
  • Ole Bjørn Olesen stepped down as board member
19972 changesmanagement 2
  • Kjell Olsen appointed board member
  • Preben Elmsted stepped down as board member
19947 changesname 3 · capital 2 · management 2
  • Name changed from SAX LIFT DANMARK ApS to SAX LIFT ApS
  • Name changed from TRANSLIFT DANMARK ApS to SAX LIFT DANMARK ApS
  • Share capital changed from 210,000 DKK to 310,000 DKK
  • Kjell Olsen stepped down as board member
  • Name changed from ApS EKS 1 NR. 192. to TRANSLIFT DANMARK ApS
  • Share capital changed from 200,000 DKK to 210,000 DKK
  • Peter Hageman Christensen stepped down as director
19936 changesfounded 1 · management 5
  • Registered as ApS EKS 1 NR. 192.
  • Peter Hageman Christensen appointed director
  • Kjell Olsen appointed board member
  • Ole Bjørn Olesen appointed board member
  • Helge Bertelsen appointed director
  • Preben Elmsted appointed board member

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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