SH Group A/S
Public limited companyCVR 12762704SvendborgActive
SH Group A/S is a public limited company, based in Svendborg, active in installation of industrial machinery and equipment, founded in 1989. Net profit rose 62% from 2024 to 2025, ending at DKK 45.2m. Measured by gross profit, it ranks no. 1 of 131 companies in the industry in the database. Profit has grown three years in a row.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 14% (2024 → 2025), to DKK 392.9m.
- Revenue rose 18% (2024 → 2025), to DKK 817.6m.
- Net profit rose 62% (2024 → 2025), to DKK 45.2m.
- Equity fell 4% (2024 → 2025), to DKK 222.9m.
Employees
- 21 more employees than a year earlier: 444 (08/2026) against 423 (08/2025).
Management and owners, last 24 months
- New in management: Michiel Bart Hijmans (board member, 19/02/2025).
- Stepped down: Joris Marinus Valks (board member, 25/09/2026).
- New owners registered: MC Shg ApS (04/02/2025).
- No longer registered as owner: 28. Juni 2012 Ii A/S (04/02/2025).
Registrations, last 24 months
- 04/02/2025: Merger registered in CVR
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | 430,718 | 450,853 | 595,383 | 657,640 | 694,706 | 817,589 | +17.7% |
| Gross profit | 216,000 | 206,602 | 254,608 | 321,828 | 344,148 | 392,850 | +14.2% |
| Operating profit (EBIT) | 14,486 | 1,963 | 24,439 | 47,277 | 44,158 | 65,052 | +47.3% |
| Profit before tax | 12,069 | −1,418 | 18,846 | 37,104 | 39,092 | 60,198 | +54% |
| Net profit | 8,754 | −665 | 14,168 | 27,717 | 27,842 | 45,233 | +62.5% |
| Total assets | 314,250 | 309,582 | 399,896 | 373,303 | 500,380 | 542,929 | +8.5% |
| Equity | 111,044 | 110,347 | 124,738 | 152,292 | 231,871 | 222,892 | −3.9% |
| Liabilities | 186,565 | 183,875 | 254,693 | 190,083 | 237,285 | 273,024 | +15.1% |
| Cash and cash equivalents | 4,428 | 5,229 | 6,556 | 2,956 | 2,789 | 10,814 | +287.7% |
| Average number of employees | 306 | 296 | 311 | 359 | 362 | 380 | +5% |
Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; 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
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 18/05/2026 | The group | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 02/05/2025 | The group | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 04/04/2024 | The group | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 03/05/2023 | The group | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 17/05/2022 | The group | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 04/05/2021 | The group | PDFXBRL |
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 CVRPosition in the industry
132 companies in the databaseComparison with the other companies in installation of industrial machinery and equipment based on the latest financial year.
Industry median: gross profit DKK 4.8m, net profit DKK 539k, equity DKK 2.4m, 7 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 200–499 employees796 companies in the comparison | No. 91of 763 Better than 88% | No. 249of 796 Better than 69% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 225of 10,152 Better than 98% | No. 722of 10,275 Better than 93% |
| All companies of type A/S18,025 companies in the comparison | No. 378of 17,786 Better than 98% | No. 1,332of 18,024 Better than 93% |
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
Installation of industrial machinery and equipment- SH Group A/SDKK 392.9m
- Eltronic A/SDKK 279.3m
- Global Wind Service A/SDKK 130m
- SH Group A/SDKK 45.2m
- Eltronic A/SDKK 44.8m
- Global Wind Service A/SDKK 682k
- SH Group A/SDKK 222.9m
- Eltronic A/SDKK 91.8m
- Global Wind Service A/SDKK 24m
- SH Group A/S444
- Eltronic A/S272
- Global Wind Service A/S266
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- MC Shg ApS100%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Kaare Vang Jensen | Director | 01/01/2023 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Knud Andersen | Board member | 01/11/2018 |
| Jacob Østergaard Bergenholtz | Chair of the board | 01/03/2019 |
| Morten Brian Nielsen | Board member | 25/09/2024 |
| Michiel Bart Hijmans | Board member | 19/02/2025 |
- Founders
- Jørgen Anker Mortensen, Niels Ejnar Johnstad-Møller, A/S af 16.11.1992
Former management (40)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Vagn Drud Hansen | Board member | 16/01/1989 | 26/04/1990 |
| Jørgen Anker Mortensen | Board member | 16/01/1989 | 19/02/1992 |
| Jørgen Anker Mortensen | Director | 16/01/1989 | 19/02/1992 |
| Jørgen Ib | Chair of the board | 16/01/1989 | 14/04/2005 |
| Poul Møller Andersen | Board member | 16/01/1989 | 17/08/1993 |
| Hans Pahlke Møller | Board member | 16/01/1989 | 03/11/1992 |
| Ib Jørgen Rasmussen | Board member | 16/01/1989 | 26/04/1990 |
| Carlo Peter Petersen | Chair of the board | 16/01/1989 | 19/02/1992 |
| Erik Viuff Quistgaard | Chair of the board | 16/01/1989 | 26/04/1990 |
| Aage Henry Madsen | Board member | 16/01/1989 | 05/02/1990 |
| Bent Larsen | Board member | 16/01/1989 | 16/06/1994 |
| Flemming Dorf Petersen | Board member | 16/01/1989 | 23/05/1990 |
| Flemming Dorf Petersen | CEO | 16/01/1989 | 26/04/1990 |
| Jens Helmer Nielsen | Board member | 16/01/1989 | 16/03/2012 |
| Jens Helmer Nielsen | Director | 16/01/1989 | 15/08/2006 |
| Leif Nygård | Board member | 16/01/1989 | 21/05/1997 |
| Niels Ejnar Johnstad-Møller | Board member | 16/01/1989 | 24/05/1991 |
| Frits Michael Bach-Nielsen | Board member | 16/01/1989 | 14/05/1990 |
| Annette Maid Larsen | Board member | 20/04/2005 | 09/09/2005 |
| Vivi Maid Nielsen | Chair of the board | 20/04/2005 | 09/09/2005 |
| John Skov Hansen | Chair of the board | 09/09/2005 | 29/02/2008 |
| Lars Præst | Board member | 09/09/2005 | 25/09/2024 |
| Morten Brian Nielsen | Board member | 09/09/2005 | 19/09/2012 |
| Jeppe Løkkegaard Sonne | Board member | 09/09/2005 | 25/09/2024 |
| Lars Præst | Director | 15/08/2006 | 19/09/2012 |
| Poul Sørensen | Chair of the board | 29/02/2008 | 19/09/2012 |
| Kurt Christiansen | Board member | 18/08/2008 | 19/09/2012 |
| Morten Brian Nielsen | Director | 02/09/2010 | 31/12/2022 |
| Esben Bay Jørgensen | Board member | 19/09/2012 | 21/09/2020 |
| Jesper Wadum Nielsen | Board member | 19/09/2012 | 12/06/2013 |
| Axel Manøe Jepsen | Board member | 12/06/2013 | 20/11/2015 |
| Jørgen Peter Rasmussen | Chair of the board | 12/06/2013 | 12/05/2014 |
| Geir Høiland | Board member | 12/06/2013 | 30/06/2018 |
| Jacob Østergaard Bergenholtz | Chair of the board | 12/05/2014 | 19/11/2015 |
| Jacob Østergaard Bergenholtz | Board member | 20/11/2015 | 31/03/2016 |
| Håvard Haanes | Chair of the board | 20/11/2015 | 01/03/2019 |
| Martin Fruergaard | Board member | 01/12/2015 | 30/04/2021 |
| Jacob Østergaard Bergenholtz | Deputy chair | 01/04/2016 | 28/02/2019 |
| Peter Liu Johansen | Board member | 22/09/2020 | 25/09/2024 |
| Joris Marinus Valks | Board member | 25/09/2024 | 25/09/2026 |
Signing rule: Selskabet tegnes af bestyrelsens formand i forening med en direktør, af en direktør i forening med 3 bestyrelsesmedlemmer, eller af den samlede bestyrelse.
Address and production units
6 active production unitsKuopiovej 20
5700 Svendborg
| Production unit | Address | Employees | P number |
|---|---|---|---|
| SH GROUP A/S | Kuopiovej 20, 5700 Svendborg | 312 | 1000441544 |
| SH Group A/S - Lindø | Kystvejen 100, 5330 Munkebo | 66 | 1021884819 |
| Grønnemosevej | Grønnemosevej 34, 5700 Svendborg | 60 | 1018761161 |
| SH Group A/S - Frederikshavn | Pier 6 4, 9900 Frederikshavn | 7 | 1024530449 |
| SH Group A/S - Rødovre | Islevdalvej 47, 2610 Rødovre | 5 | 1028482570 |
| SH Group A/S - Ballerup | Borupvang 2B, 2750 Ballerup | 1 | 1032018242 |
Purpose
Selskabets formål er at drive virksomhed med udvikling, investering og handel med, samt fabrikation af maskiner og komplette anlæg samt andet industriudstyr, herunder styringer og redskaber.
The purpose is quoted from the register in Danish.
Changes year by year
103 registered events20262 changesmanagement 1 · accounts 1
- ManagementJoris Marinus Valks stepped down as board member
- AccountsAnnual report for 2025 published
20255 changesaccounts 1 · management 1 · ownership 2 · merger 1
- AccountsAnnual report for 2024 published
- ManagementMichiel Bart Hijmans appointed board member
- OwnershipMC SHG ApS registered as owner (100%)
- Ownership28. JUNI 2012 II A/S is no longer registered as owner
- MergerMerger registered in CVR
20246 changesmanagement 5 · accounts 1
- ManagementMorten Brian Nielsen appointed board member
- ManagementJoris Marinus Valks appointed board member
- ManagementPeter Liu Johansen stepped down as board member
- ManagementLars Præst stepped down as board member
- ManagementJeppe Løkkegaard Sonne stepped down as board member
- AccountsAnnual report for 2023 published
20232 changesaccounts 1 · management 1
- AccountsAnnual report for 2022 published
- ManagementKaare Vang Jensen appointed director
20222 changesmanagement 1 · accounts 1
- ManagementMorten Brian Nielsen stepped down as director
- AccountsAnnual report for 2021 published
20212 changesaccounts 1 · management 1
- AccountsAnnual report for 2020 published
- ManagementMartin Fruergaard stepped down as board member
20202 changesmanagement 2
- ManagementPeter Liu Johansen appointed board member
- ManagementEsben Bay Jørgensen stepped down as board member
20194 changesmerger 1 · management 3
- MergerMerger registered in CVR
- ManagementJacob Østergaard Bergenholtz appointed chair of the board
- ManagementHåvard Haanes stepped down as chair of the board
- ManagementJacob Østergaard Bergenholtz stepped down as deputy chair
20182 changesmanagement 2
- ManagementKnud Andersen appointed board member
- ManagementGeir Høiland stepped down as board member
20164 changesmerger 1 · address 1 · management 2
- MergerMerger registered in CVR
- AddressMoved to Kuopiovej 20, 5700 Svendborg
- ManagementJacob Østergaard Bergenholtz appointed deputy chair
- ManagementJacob Østergaard Bergenholtz stepped down as board member
20156 changesmanagement 5 · merger 1
- ManagementMartin Fruergaard appointed board member
- ManagementHåvard Haanes appointed chair of the board
- ManagementJacob Østergaard Bergenholtz appointed board member
- ManagementAxel Manøe Jepsen stepped down as board member
- ManagementJacob Østergaard Bergenholtz stepped down as chair of the board
- MergerMerger registered in CVR
20142 changesmanagement 2
- ManagementJacob Østergaard Bergenholtz appointed chair of the board
- ManagementJørgen Peter Rasmussen stepped down as chair of the board
20134 changesmanagement 4
- ManagementAxel Manøe Jepsen appointed board member
- ManagementGeir Høiland appointed board member
- ManagementJørgen Peter Rasmussen appointed chair of the board
- ManagementJesper Wadum Nielsen stepped down as board member
20128 changesmanagement 7 · ownership 1
- ManagementJesper Wadum Nielsen appointed board member
- ManagementEsben Bay Jørgensen appointed board member
- ManagementKurt Christiansen stepped down as board member
- ManagementPoul Sørensen stepped down as chair of the board
- ManagementLars Præst stepped down as director
- ManagementMorten Brian Nielsen stepped down as board member
- Ownership28. JUNI 2012 II A/S registered as owner (100%)
- ManagementJens Helmer Nielsen stepped down as board member
20101 changemanagement 1
- ManagementMorten Brian Nielsen appointed director
20084 changesmanagement 3 · industry 1
- ManagementKurt Christiansen appointed board member
- ManagementPoul Sørensen appointed chair of the board
- ManagementJohn Skov Hansen stepped down as chair of the board
- IndustryIndustry changed to Installation of industrial machinery and equipment (332000)
20063 changesname 1 · management 2
- NameName changed from SVENDBORG HYDRAULIK A/S to SH GROUP A/S
- ManagementLars Præst appointed director
- ManagementJens Helmer Nielsen stepped down as director
20059 changesmanagement 9
- ManagementMorten Brian Nielsen appointed board member
- ManagementJohn Skov Hansen appointed chair of the board
- ManagementLars Præst appointed board member
- ManagementJeppe Løkkegaard Sonne appointed board member
- ManagementAnnette Maid Larsen stepped down as board member
- ManagementVivi Maid Nielsen stepped down as chair of the board
- ManagementAnnette Maid Larsen appointed board member
- ManagementVivi Maid Nielsen appointed chair of the board
- ManagementJørgen Ib stepped down as chair of the board
19991 changename 1
- NameName changed from SVENDBORG SKIBSHYDRAULIK A/S to SVENDBORG HYDRAULIK A/S
19971 changemanagement 1
- ManagementLeif Nygård stepped down as board member
19941 changemanagement 1
- ManagementBent Larsen stepped down as board member
19931 changemanagement 1
- ManagementPoul Møller Andersen stepped down as board member
19924 changesmanagement 4
- ManagementHans Pahlke Møller stepped down as board member
- ManagementCarlo Peter Petersen stepped down as chair of the board
- ManagementJørgen Anker Mortensen stepped down as director
- ManagementJørgen Anker Mortensen stepped down as board member
19911 changemanagement 1
- ManagementNiels Ejnar Johnstad-Møller stepped down as board member
19907 changesmanagement 7
- ManagementFlemming Dorf Petersen stepped down as board member
- ManagementFrits Michael Bach-Nielsen stepped down as board member
- ManagementFlemming Dorf Petersen stepped down as ceo
- ManagementErik Viuff Quistgaard stepped down as chair of the board
- ManagementIb Jørgen Rasmussen stepped down as board member
- ManagementVagn Drud Hansen stepped down as board member
- ManagementAage Henry Madsen stepped down as board member
198919 changesfounded 1 · management 18
- FoundedRegistered as SVENDBORG SKIBSHYDRAULIK A/S
- ManagementNiels Ejnar Johnstad-Møller appointed board member
- ManagementLeif Nygård appointed board member
- ManagementJens Helmer Nielsen appointed director
- ManagementJens Helmer Nielsen appointed board member
- ManagementFlemming Dorf Petersen appointed ceo
- ManagementFlemming Dorf Petersen appointed board member
- ManagementBent Larsen appointed board member
- ManagementAage Henry Madsen appointed board member
- ManagementErik Viuff Quistgaard appointed chair of the board
- ManagementCarlo Peter Petersen appointed chair of the board
- ManagementIb Jørgen Rasmussen appointed board member
- ManagementHans Pahlke Møller appointed board member
- ManagementPoul Møller Andersen appointed board member
- ManagementJørgen Ib appointed chair of the board
- ManagementJørgen Anker Mortensen appointed director
- ManagementVagn Drud Hansen appointed board member
- ManagementJørgen Anker Mortensen appointed board member
- ManagementFrits Michael Bach-Nielsen appointed board member
Related companies
Same people in management
- Vestas Manufacturing A/Svia Knud Andersen
- Vestas Wind Systems A/Svia Knud Andersen
- Vestas Northern Europe A/Svia Knud Andersen
- Semco Maritime A/Svia Jørgen Peter Rasmussen
- ECCO Sko A/Svia Kurt Christiansen
- Alfa Laval Copenhagen A/Svia Kurt Christiansen
Largest in the industry
- Eltronic A/SDKK 279.3m
- Global Wind Service A/SDKK 130m
- Fairwind A/SDKK 110.2m
- AKVA group Land Based A/SDKK 102.7m
- Eurocon Group A/SDKK 85.4m
- Superior Renewables A/SDKK 84.9m
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 23/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.