Skiold A/S
Public limited companyCVR 57081112SæbyActive
Skiold A/S is a public limited company, based in Sæby, active in manufacture of agricultural and forestry machinery, founded in 1927. Equity was negative at the end of 2025 (−DKK 47.9m). After a loss in 2024, the company made a profit of DKK 50.8m in 2025. Measured by gross profit, it ranks no. 1 of 70 companies in the industry in the database.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 47% (2024 → 2025), to DKK 430.5m.
- Revenue rose 27% (2024 → 2025), to DKK 1.1bn.
- Net profit went from a loss of DKK 73.8m to a profit of DKK 50.8m (2024 → 2025).
Employees
- 18 fewer employees than a year earlier: 125 (07/2026) against 143 (07/2025).
Management and owners, last 24 months
- New in management: Tommy Jansson Nielsen (board member, 23/04/2026) and Anton Schiøtt Anderson (deputy board member, 23/04/2026).
- Stepped down: Michael Harritz Markmann Olesen (board member, 23/04/2026).
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | 987,711 | 1,203,374 | 1,050,212 | 829,944 | 850,740 | 1,080,227 | +27% |
| Gross profit | 373,135 | 457,927 | 291,599 | 303,698 | 293,219 | 430,461 | +46.8% |
| Operating profit (EBIT) | 23,026 | 57,496 | −49,765 | −27,138 | −3,085 | 118,823 | +3,951.6% |
| Profit before tax | 17,790 | 32,013 | −82,507 | −76,195 | −56,718 | 71,146 | +225.4% |
| Net profit | 6,814 | 18,511 | −81,620 | −109,811 | −73,816 | 50,833 | +168.9% |
| Total assets | 1,296,542 | 1,329,125 | 1,185,377 | 1,065,554 | 1,030,046 | 1,072,418 | +4.1% |
| Equity | 142,342 | 166,143 | 83,040 | −25,600 | −101,756 | −47,938 | +52.9% |
| Liabilities | 1,141,387 | 1,145,483 | 1,085,144 | 1,081,352 | 1,123,269 | 1,112,794 | −0.9% |
| Cash and cash equivalents | 44,206 | 50,617 | 38,898 | 30,307 | 41,658 | 42,525 | +2.1% |
| Average number of employees | 648 | 816 | 725 | 580 | 571 | 592 | +3.7% |
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
Signals from the financial statements
calculated from the 2025 figuresNegative equity
Equity was −DKK 47.9m at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 12/06/2026 | The group | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 28/06/2025 | The group | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 03/07/2024 | The group | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 10/07/2023 | The group | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 09/07/2022 | The group | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 09/07/2021 | 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
70 companies in the databaseComparison with the other companies in manufacture of agricultural and forestry machinery based on the latest financial year.
Industry median: gross profit DKK 4.9m, net profit DKK 453k, equity DKK 4.3m, 9 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 50–199 employees4,467 companies in the comparison | No. 49of 4,412 Better than 99% | No. 4,441of 4,466 Better than 1% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 206of 10,152 Better than 98% | No. 10,262of 10,275 Better than 0% |
| All companies of type A/S18,025 companies in the comparison | No. 337of 17,786 Better than 98% | No. 17,951of 18,024 Better than 0% |
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 agricultural and forestry machinery- Skiold A/SDKK 430.5m
- Samson Agro A/SDKK 218.3m
- Landmeco A/SDKK 171.4m
- Skiold A/SDKK 50.8m
- Samson Agro A/SDKK 14.9m
- Landmeco A/SDKK 82.1m
- Skiold A/S−DKK 47.9m
- Samson Agro A/SDKK 218.3m
- Landmeco A/SDKK 105.7m
- Skiold A/S125
- Samson Agro A/S297
- Landmeco A/S82
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterSubsidiaries are shown only if they are in the database.
Management
10 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Morten Rosager Andersen | CEO | 24/05/2023 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Thure Bo Thomas Thuresson | Board member | 26/04/2018 |
| Lars Radoor Sørensen | Board member | 01/07/2018 |
| Henriette Holmberg Olsen | Board member | 02/10/2021 |
| Henrik Hougaard | Board member | 29/06/2023 |
| Denis Jean Jørgen Viet-Jacobsen | Board member | 29/06/2023 |
| Jørn Mørkeberg Nielsen | Chair of the board | 29/06/2023 |
| Tim Bo Hansen | Board member | 31/08/2024 |
| Tommy Jansson Nielsen | Board member | 23/04/2026 |
| Anton Schiøtt Anderson | Deputy board member | 23/04/2026 |
Former management (52)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Niels Stellan Høm | Board member | 19/11/1927 | 24/10/1995 |
| Helge Hasselbalch | Board member | 19/11/1927 | 24/10/1995 |
| Niels Thomas Hougaard Nielsen | Board member | 19/11/1927 | 22/03/1999 |
| Hans Jørgen Kaptain | Board member | 19/11/1927 | 24/10/1995 |
| Poul Villy Christensen | Board member | 19/11/1927 | 22/10/1993 |
| Anker Juel Pedersen | Deputy board member | 19/11/1927 | 02/04/1998 |
| Daniel Fischer | Board member | 19/11/1927 | 29/05/1990 |
| Finn Dyrnø | Director | 19/11/1927 | 31/07/2002 |
| Aase Nielsen | Board member | 19/11/1927 | 28/06/1994 |
| Niels-Jørgen Sørensen | Deputy board member | 19/11/1927 | 02/04/1998 |
| Finn Nielsen | Board member | 19/11/1927 | 02/04/1998 |
| Svend Erik Nielsen | Board member | 19/11/1927 | 02/04/1998 |
| Niels Bach | Board member | 19/11/1927 | 26/05/2004 |
| Hans-Peter Plomgaard | Deputy board member | 19/11/1927 | 24/09/1990 |
| Finn Olesen | Board member | 22/10/1993 | 28/06/1994 |
| Erling Bech Poulsen | Board member | 24/10/1995 | 26/05/2004 |
| Henrik Hougaard | Chair of the board | 15/01/1996 | 30/11/2017 |
| Poul Thomsen | CEO | 15/01/1996 | 29/09/2003 |
| Hans Flemming Christiansen | Board member | 02/04/1998 | 11/10/2013 |
| John Møller Jensen | Board member | 02/04/1998 | 30/06/2003 |
| Per Heisel | Board member | 30/06/2003 | 17/08/2006 |
| Preben Kristensen | Deputy board member | 30/06/2003 | 17/08/2006 |
| Henrik Hougaard | CEO | 29/09/2003 | 30/12/2005 |
| Eva Jørgensen | Board member | 26/05/2004 | 03/05/2006 |
| Samuel Waldorph Andreasen | CEO | 30/12/2005 | 22/05/2018 |
| Anders Peder Petersen | Deputy chair | 03/05/2006 | 30/11/2017 |
| Jens Lübeck Johansen | Board member | 03/05/2006 | 12/01/2012 |
| Carsten Isgreen Sørensen | Board member | 16/08/2006 | 09/12/2022 |
| Ryan Rom Pedersen | Deputy board member | 16/08/2006 | 25/03/2010 |
| John Ole Stokbro | Deputy board member | 16/08/2006 | 25/03/2010 |
| Orla Grøn Pedersen | Board member | 21/04/2008 | 12/01/2012 |
| Arne Brændgaard | Deputy board member | 25/03/2010 | 04/07/2014 |
| John Christian Aasted | Board member | 12/01/2012 | 24/05/2016 |
| Bent Engelhardt Kristensen | Board member | 11/10/2013 | 23/08/2018 |
| Søren Hougaard | Board member | 13/03/2014 | 30/11/2017 |
| Kim Jansson | Deputy board member | 04/07/2014 | 23/08/2018 |
| Torben Bast Nielsen | Deputy board member | 04/07/2014 | 23/08/2018 |
| Per Schak Andreasen | Board member | 01/04/2016 | 30/11/2017 |
| Denis Jean Jørgen Viet-Jacobsen | Chair of the board | 30/11/2017 | 28/06/2023 |
| Michael Pontoppidan Frost | Board member | 30/11/2017 | 29/06/2023 |
| Johan Olof Cervin | Board member | 30/11/2017 | 26/04/2018 |
| Jørn Mørkeberg Nielsen | Board member | 26/04/2018 | 28/06/2023 |
| Lasse Viegand Hansen | CEO | 22/05/2018 | 29/07/2019 |
| Martin Østergaard | Deputy board member | 23/08/2018 | 08/12/2022 |
| Steen Knudsen | Deputy board member | 23/08/2018 | 09/12/2022 |
| Pia Merete Madsen | Board member | 23/08/2018 | 09/12/2022 |
| Lars Radoor Sørensen | CEO | 29/07/2019 | 01/04/2020 |
| Søren Sandholm Overgaard | CEO | 01/04/2020 | 24/05/2023 |
| Michael Harritz Markmann Olesen | Board member | 09/12/2022 | 23/04/2026 |
| Martin Østergaard | Board member | 09/12/2022 | 31/08/2024 |
| Tim Bo Hansen | Deputy board member | 09/12/2022 | 30/08/2024 |
| Kia Nielsen | Deputy board member | 09/12/2022 | 14/03/2024 |
Signing rule: Selskabet tegnes af tre bestyrelsesmedlemmer i forening, af formanden i forening med direktøren, eller formanden i forening med et andet bestyrelsesmedlem, eller af direktøren sammen med et andet bestyrelsesmedlem.
Address and production units
3 active production unitsKjeldgaardsvej 3
9300 Sæby
Frederikshavn Municipality · Postcode 9300
Other companies at the address (1)
- Skiold Group A/SNon-financial holding companies
| Production unit | Address | Employees | P number |
|---|---|---|---|
| SKIOLD A/S | Kjeldgaardsvej 3, 9300 Sæby | 77 | 1002057314 |
| SKIOLD A/S | La Cours Vej 1, 7430 Ikast | 43 | 1000359190 |
| SKIOLD A/S | Håndværkervej 25, 4160 Herlufmagle | 1 | 1010262786 |
Purpose
Selskabets formål er at drive industri og forhandling af maskiner af eget og andres fabrikat samt fremstilling og salg af metalkonstruktioner og anden i forbindelse hermed bestående virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
132 registered events20264 changesaccounts 1 · management 3
- AccountsAnnual report for 2025 published
- ManagementTommy Jansson Nielsen appointed board member
- ManagementAnton Schiøtt Anderson appointed deputy board member
- ManagementMichael Harritz Markmann Olesen stepped down as board member
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20245 changesmanagement 4 · accounts 1
- ManagementTim Bo Hansen appointed board member
- ManagementMartin Østergaard stepped down as board member
- ManagementTim Bo Hansen stepped down as deputy board member
- AccountsAnnual report for 2023 published
- ManagementKia Nielsen stepped down as deputy board member
20239 changesaccounts 1 · management 8
- AccountsAnnual report for 2022 published
- ManagementJørn Mørkeberg Nielsen appointed chair of the board
- ManagementDenis Jean Jørgen Viet-Jacobsen appointed board member
- ManagementHenrik Hougaard appointed board member
- ManagementMichael Pontoppidan Frost stepped down as board member
- ManagementJørn Mørkeberg Nielsen stepped down as board member
- ManagementDenis Jean Jørgen Viet-Jacobsen stepped down as chair of the board
- ManagementMorten Rosager Andersen appointed ceo
- ManagementSøren Sandholm Overgaard stepped down as ceo
20229 changesmanagement 8 · accounts 1
- ManagementMartin Østergaard appointed board member
- ManagementKia Nielsen appointed deputy board member
- ManagementTim Bo Hansen appointed deputy board member
- ManagementMichael Harritz Markmann Olesen appointed board member
- ManagementPia Merete Madsen stepped down as board member
- ManagementSteen Knudsen stepped down as deputy board member
- ManagementCarsten Isgreen Sørensen stepped down as board member
- ManagementMartin Østergaard stepped down as deputy board member
- AccountsAnnual report for 2021 published
20213 changesmerger 1 · management 1 · accounts 1
- MergerMerger registered in CVR
- ManagementHenriette Holmberg Olsen appointed board member
- AccountsAnnual report for 2020 published
20202 changesmanagement 2
- ManagementSøren Sandholm Overgaard appointed ceo
- ManagementLars Radoor Sørensen stepped down as ceo
20193 changescapital 1 · management 2
- CapitalShare capital changed from 16,670,111 DKK to 20,865,080 DKK
- ManagementLars Radoor Sørensen appointed ceo
- ManagementLasse Viegand Hansen stepped down as ceo
201813 changesmanagement 12 · capital 1
- ManagementMartin Østergaard appointed deputy board member
- ManagementPia Merete Madsen appointed board member
- ManagementSteen Knudsen appointed deputy board member
- ManagementKim Jansson stepped down as deputy board member
- ManagementTorben Bast Nielsen stepped down as deputy board member
- ManagementBent Engelhardt Kristensen stepped down as board member
- ManagementLars Radoor Sørensen appointed board member
- CapitalShare capital changed from 12,000,000 DKK to 16,670,111 DKK
- ManagementLasse Viegand Hansen appointed ceo
- ManagementSamuel Waldorph Andreasen stepped down as ceo
- ManagementThure Bo Thomas Thuresson appointed board member
- ManagementJørn Mørkeberg Nielsen appointed board member
- ManagementJohan Olof Cervin stepped down as board member
201710 changesmanagement 7 · ownership 3
- ManagementDenis Jean Jørgen Viet-Jacobsen appointed chair of the board
- ManagementJohan Olof Cervin appointed board member
- ManagementMichael Pontoppidan Frost appointed board member
- ManagementPer Schak Andreasen stepped down as board member
- ManagementSøren Hougaard stepped down as board member
- ManagementAnders Peder Petersen stepped down as deputy chair
- ManagementHenrik Hougaard stepped down as chair of the board
- OwnershipSkiold Holding A/S registered as owner (100%)
- OwnershipHenrik Hougaard is no longer registered as owner
- OwnershipThoraso Invest ApS is no longer registered as owner
20163 changesownership 1 · management 2
- OwnershipHenrik Hougaard registered as owner (90%)
- ManagementJohn Christian Aasted stepped down as board member
- ManagementPer Schak Andreasen appointed board member
20151 changemerger 1
- MergerMerger registered in CVR
20145 changesmanagement 4 · ownership 1
- ManagementKim Jansson appointed deputy board member
- ManagementTorben Bast Nielsen appointed deputy board member
- ManagementArne Brændgaard stepped down as deputy board member
- OwnershipThoraso Invest ApS registered as owner (90%)
- ManagementSøren Hougaard appointed board member
20132 changesmanagement 2
- ManagementBent Engelhardt Kristensen appointed board member
- ManagementHans Flemming Christiansen stepped down as board member
20124 changesmerger 1 · management 3
- MergerMerger registered in CVR
- ManagementJohn Christian Aasted appointed board member
- ManagementOrla Grøn Pedersen stepped down as board member
- ManagementJens Lübeck Johansen stepped down as board member
20103 changesmanagement 3
- ManagementArne Brændgaard appointed deputy board member
- ManagementJohn Ole Stokbro stepped down as deputy board member
- ManagementRyan Rom Pedersen stepped down as deputy board member
20082 changesmanagement 1 · industry 1
- ManagementOrla Grøn Pedersen appointed board member
- IndustryIndustry changed to Manufacture of agricultural and forestry machinery (283000)
20071 changeaddress 1
- AddressMoved to Kjeldgaardsvej 3, 9300 Sæby
200610 changesmanagement 8 · name 1 · merger 1
- ManagementPreben Kristensen stepped down as deputy board member
- ManagementPer Heisel stepped down as board member
- ManagementJohn Ole Stokbro appointed deputy board member
- ManagementRyan Rom Pedersen appointed deputy board member
- ManagementCarsten Isgreen Sørensen appointed board member
- NameName changed from SKIOLD SÆBY A/S to SKIOLD A/S
- ManagementAnders Peder Petersen appointed deputy chair
- ManagementJens Lübeck Johansen appointed board member
- ManagementEva Jørgensen stepped down as board member
- MergerMerger registered in CVR
20052 changesmanagement 2
- ManagementSamuel Waldorph Andreasen appointed ceo
- ManagementHenrik Hougaard stepped down as ceo
20043 changesmanagement 3
- ManagementEva Jørgensen appointed board member
- ManagementErling Bech Poulsen stepped down as board member
- ManagementNiels Bach stepped down as board member
20035 changesmanagement 5
- ManagementHenrik Hougaard appointed ceo
- ManagementPoul Thomsen stepped down as ceo
- ManagementPreben Kristensen appointed deputy board member
- ManagementPer Heisel appointed board member
- ManagementJohn Møller Jensen stepped down as board member
20021 changemanagement 1
- ManagementFinn Dyrnø stepped down as director
19986 changesmanagement 6
- ManagementJohn Møller Jensen appointed board member
- ManagementHans Flemming Christiansen appointed board member
- ManagementSvend Erik Nielsen stepped down as board member
- ManagementFinn Nielsen stepped down as board member
- ManagementNiels-Jørgen Sørensen stepped down as deputy board member
- ManagementAnker Juel Pedersen stepped down as deputy board member
19962 changesmanagement 2
- ManagementPoul Thomsen appointed ceo
- ManagementHenrik Hougaard appointed chair of the board
19953 changesmanagement 3
- ManagementErling Bech Poulsen appointed board member
- ManagementHelge Hasselbalch stepped down as board member
- ManagementHans Jørgen Kaptain stepped down as board member
19942 changesmanagement 2
- ManagementFinn Olesen stepped down as board member
- ManagementAase Nielsen stepped down as board member
19932 changesmanagement 2
- ManagementFinn Olesen appointed board member
- ManagementPoul Villy Christensen stepped down as board member
19921 changename 1
- NameName changed from A/S MASKINFABRIKKEN SKIOLD, SÆBY to SKIOLD SÆBY A/S
19902 changesmanagement 2
- ManagementHans-Peter Plomgaard stepped down as deputy board member
- ManagementDaniel Fischer stepped down as board member
192713 changesfounded 1 · management 12
- FoundedRegistered as A/S MASKINFABRIKKEN SKIOLD, SÆBY
- ManagementHelge Hasselbalch appointed board member
- ManagementHans-Peter Plomgaard appointed deputy board member
- ManagementNiels Bach appointed board member
- ManagementSvend Erik Nielsen appointed board member
- ManagementFinn Nielsen appointed board member
- ManagementNiels-Jørgen Sørensen appointed deputy board member
- ManagementAase Nielsen appointed board member
- ManagementFinn Dyrnø appointed director
- ManagementDaniel Fischer appointed board member
- ManagementAnker Juel Pedersen appointed deputy board member
- ManagementPoul Villy Christensen appointed board member
- ManagementHans Jørgen Kaptain appointed board member
Related companies
Same people in management
- Bestseller A/Svia Lars Radoor Sørensen
- DFDS A/Svia Niels Bach
- Textilia Group A/Svia Henrik Hougaard
- Nykredit Realkredit A/Svia Erling Bech Poulsen
- Arkil A/Svia Niels Bach
- Ftz Autodele & Værktøj A/Svia Lars Radoor Sørensen
Largest in the industry
- Samson Agro A/SDKK 218.3m
- Landmeco A/SDKK 171.4m
- He-va ApSDKK 93.7m
- Newtec Engineering A/SDKK 87.5m
- Bogballe A/SDKK 84.9m
- Bredal A/SDKK 73.2m
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.