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Skovtex A/S

Public limited companyCVR 39444747HerningActive

Skovtex A/S is a public limited company, based in Herning, active in wholesale of other machinery and equipment, founded in 2018. The company went from a profit in 2024 to a loss of DKK 511k in 2025. Equity fell to DKK 2.7m in 2025.

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Key figures · financial year 2025

Gross profitDKK 2.8m−24.3% vs. 2024
Net profit−DKK 511k−387.5% vs. 2024
EquityDKK 2.7m−15.8% vs. 2024
Employees6latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 24% (2024 → 2025), to DKK 2.8m.
  • Net profit went from a profit of DKK 178k to a loss of DKK 511k (2024 → 2025).
  • Equity fell 16% (2024 → 2025), to DKK 2.7m.

Employees

  • 3 fewer employees than a year earlier: 6 (07/2026) against 9 (07/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Wholesale of other machinery and equipment (466400)

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 1m−DKK 500kDKK 0DKK 500kDKK 1mDKK 1.5mDKK 2mDKK 2.5mDKK 3mDKK 3.5m202020212022202320242025
EquityNet profit
Financial figures for Skovtex A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit2,8543,5433,9372,9713,7262,823−24.3%
Operating profit (EBIT)2506551,089−219443−513−215.9%
Profit before tax1475601,027−396229−654−386.3%
Net profit115436801−309178−511−387.5%
Total assets8,0758,6828,0408,3337,7386,842−11.6%
Equity2,1362,5723,3733,0643,2422,731−15.8%
Liabilities5,6635,8514,4375,1254,2484,006−5.7%
Cash and cash equivalents422966911324+86.8%
Average number of employees7888880%

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 (1,000 companies)

Annual reports

6 financial years
Annual reports for Skovtex A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202526/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202419/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202323/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202220/03/2023The companyPDFXBRL
202101/01/2021 – 31/12/202108/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202024/06/2021The 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
0246810121408/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

1,000 companies in the database

Comparison with the other companies in wholesale of other machinery and equipment based on the latest financial year.

Gross profitDKK 2.8mNo. 667 of 1,000
Better than 33% of the companies in the industry
EquityDKK 2.7mNo. 634 of 1,000
Better than 37% of the companies in the industry
Number of employees6No. 414 of 1,000
Better than 59% of the companies in the industry

Industry median: gross profit DKK 6m, net profit DKK 772k, equity DKK 4.8m, 6 employees.

DKK 100kDKK 961kDKK 9.2mDKK 88.8mDKK 401.7mHere
Distribution of gross profit for 957 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. 23,885of 69,742
Better than 66%
No. 20,454of 69,964
Better than 71%
Same industry and fewer than 20 employees769 companies in the comparison
No. 440of 769
Better than 43%
No. 413of 769
Better than 46%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 13,665of 33,588
Better than 59%
No. 8,953of 33,687
Better than 73%
All companies of type A/S18,025 companies in the comparison
No. 13,829of 17,786
Better than 22%
No. 13,627of 18,024
Better than 24%

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 other machinery and equipment
Gross profit
  1. Skovtex A/SDKK 2.8m
  2. HydraSpecma A/SDKK 854.1m
  3. Sanovo Technology A/SDKK 779.2m
Net profit
  1. Skovtex A/S−DKK 511k
  2. HydraSpecma A/SDKK 142.1m
  3. Sanovo Technology A/SDKK 204.2m
Equity
  1. Skovtex A/SDKK 2.7m
  2. HydraSpecma A/SDKK 1.2bn
  3. Sanovo Technology A/SDKK 592.3m
Employees
  1. Skovtex A/S6
  2. HydraSpecma A/S365
  3. Sanovo Technology A/S216

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
  • Michael Skov Holding ApS100%
Skovtex A/S

Management

4 active registrations

Executive management

Executive management at Skovtex A/S
NameRoleAppointed
Michael SkovDirector27/03/2018

Board of directors

Board of directors at Skovtex A/S
NameRoleAppointed
Michael SkovBoard member27/03/2018
Brian RasmussenBoard member27/03/2018
Jim Vammen PoulsenBoard member27/03/2018
Founders
Michael Skov

Signing rule: Selskabet tegnes af en direktør alene eller af den samlede bestyrelse.

Address and production units

1 active production units

Sandvigvej 2
7400 Herning

Herning Municipality · Postcode 7400

Production units
Production unitAddressEmployeesP number
SKOVTEX A/SSandvigvej 2, 7400 Herning61023475649

Purpose

Selskabets formål er at drive ejendommene Lillelundvej 26 og 32, 7400 Herning, at drive virksomhed med salg, reparation m.v. af maskiner til tekstilindustrien og metalindustrien samt dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

15 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Wholesale of other machinery and equipment (466400)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20188 changesownership 3 · founded 1 · management 4
  • Michael Skov Holding ApS registered as owner (100%)
  • Michael Skov is no longer registered as owner
  • Registered as SKOVTEX A/S
  • Michael Skov appointed board member
  • Michael Skov appointed director
  • Brian Rasmussen appointed board member
  • Jim Vammen Poulsen appointed board member
  • Michael Skov registered as owner (100%)

Related companies

Same industry in Herning

See all →

Same people in management

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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