Spx Flow Technology Danmark A/S

Public limited companyCVR 24730018SilkeborgActive

Spx Flow Technology Danmark A/S is a public limited company, based in Silkeborg, active in manufacture of machinery for food, beverage and tobacco processing, founded in 1958. Measured by gross profit, it ranks no. 5 of 100 companies in the industry in the database. The company made a loss in both 2024 and 2025, most recently DKK 29.1m. Operations are spread over 4 production units.

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Key figures · financial year 2025

RevenueDKK 590.9m−15.4% vs. 2024
Net profit−DKK 29.1m−40.5% vs. 2024
EquityDKK 9.5m−75.4% vs. 2024
Employees215latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 1% (2024 → 2025), to DKK 180.1m.
  • Revenue fell 15% (2024 → 2025), to DKK 590.9m.
  • The loss grew: from DKK 20.7m to DKK 29.1m (2024 → 2025).
  • Equity fell 75% (2024 → 2025), to DKK 9.5m.

Management and owners, last 24 months

  • New in management: Michael John Savinelli (chair of the board, 02/03/2026), Lori Beth Marino (board member, 02/03/2026) and Torben Slots (board member, 01/07/2026).
  • Stepped down: Jaime Manson Easley (board member, 02/03/2026), Peter James Ryan (chair of the board, 02/03/2026) and Morten Dalsgaard Jensen (board member, 01/07/2026).

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 thousand

Equity and net profit

−DKK 50mDKK 0DKK 50mDKK 100mDKK 150mDKK 200mDKK 250mDKK 300m202020212022202320242025
EquityNet profit
Financial figures for Spx Flow Technology Danmark A/S
202020212022202320242025Change
Revenue745,496657,077738,513664,004698,088590,927−15.4%
Gross profit188,008188,963151,542164,019177,491180,136+1.5%
Operating profit (EBIT)–−38,824−45,651−44,714−12,702−18,967−49.3%
Profit before tax−43,406−39,706−48,279−45,050−20,747––
Net profit70,808−39,707−48,424−45,605−20,747−29,143−40.5%
Total assets590,379606,974665,350514,951448,670420,076−6.4%
Equity319,154279,447231,02359,41838,6719,528−75.4%
Liabilities255,842311,931422,961446,192404,688407,202+0.6%
Cash and cash equivalents103,129153,516131,256111,81317,71317,667−0.3%
Average number of employees292275269244222214−3.6%

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.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140mDKK 160mDKK 180m202020212022202320242025
Gross profitMedian, the industry (100 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Loss for 5 years in a row

    Net result has been negative in 2021–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Equity fell sharply

    Equity fell 75% from 2024 to 2025 (DKK 38.7m to DKK 9.5m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

  • Low equity ratio

    Equity makes up 2% of total assets in 2025.

    How is this calculated?

    Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.

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 Spx Flow Technology Danmark A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202501/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202408/07/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202303/07/2024The companyPDF not statedXBRL
202201/01/2022 – 31/12/202210/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202108/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202008/07/2021The 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
05010015020025008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

100 companies in the database

Comparison with the other companies in manufacture of machinery for food, beverage and tobacco processing based on the latest financial year.

Gross profitDKK 180.1mNo. 5 of 100
Better than 96% of the companies in the industry
EquityDKK 9.5mNo. 45 of 100
Better than 56% of the companies in the industry
Number of employees215No. 8 of 100
Better than 93% of the companies in the industry

Industry median: gross profit DKK 14.2m, net profit DKK 1.3m, equity DKK 8.2m, 18 employees.

DKK 100kDKK 867kDKK 7.5mDKK 65.1mDKK 274.7mHere
Distribution of gross profit for 98 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 200–499 employees796 companies in the comparison
No. 332of 763
Better than 57%
No. 681of 796
Better than 14%
Companies that are at least 30 years old10,276 companies in the comparison
No. 489of 10,152
Better than 95%
No. 4,875of 10,275
Better than 53%
All companies of type A/S18,025 companies in the comparison
No. 883of 17,786
Better than 95%
No. 8,958of 18,024
Better than 50%

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 machinery for food, beverage and tobacco processing
Gross profit
  1. Spx Flow Technology Danmark A/SDKK 180.1m
  2. Gea Process Engineering A/SDKK 564.1m
  3. Gram Equipment A/SDKK 433.5m
Net profit
  1. Spx Flow Technology Danmark A/S−DKK 29.1m
  2. Gea Process Engineering A/SDKK 306.7m
  3. Gram Equipment A/SDKK 26.7m
Equity
  1. Spx Flow Technology Danmark A/SDKK 9.5m
  2. Gea Process Engineering A/SDKK 535.1m
  3. Gram Equipment A/SDKK 269.3m
Employees
  1. Spx Flow Technology Danmark A/S215
  2. Gea Process Engineering A/S645
  3. Gram Equipment A/S349

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
  • APV Overseas Holdings Limited100%
Spx Flow Technology Danmark A/S

Management

6 active registrations

Executive management

Executive management at Spx Flow Technology Danmark A/S
NameRoleAppointed
Michael VembyeDirector02/11/2015

Board of directors

Board of directors at Spx Flow Technology Danmark A/S
NameRoleAppointed
Christian FridbergBoard member30/06/2023
Pranav Kamlesh ShahBoard member23/04/2024
Michael John SavinelliChair of the board02/03/2026
Lori Beth MarinoBoard member02/03/2026
Torben SlotsBoard member01/07/2026
Former management (92)
Former management at Spx Flow Technology Danmark A/S
NameRoleAppointedResigned
Per Skougaard JespersenBoard member10/12/195816/12/1997
Kaj Gregers MogensenDeputy board member10/12/195803/07/1990
Werner Kofoed NielsenDirector10/12/195814/03/1988
Kjeld Lindberg IversenBoard member10/12/195822/12/1994
Kjeld Lindberg IversenCEO10/12/195822/12/1994
Oluf ClausenBoard member10/12/195820/06/1988
Oluf ClausenDirector10/12/195820/06/1988
Arne ChristiansenBoard member10/12/195816/08/1999
Henning PedersenDeputy board member10/12/195802/08/1991
Erik Ole OlesenBoard member10/12/195801/06/2006
Jan GoltermannBoard member10/12/195809/08/1994
Bjørn PetersenDirector10/12/195823/12/1987
Jørn Bjarne JensenDirector10/12/195820/04/1989
Jens Frode RasmussenBoard member10/12/195803/07/1990
Flemming Bjerregaard RasmussenBoard member10/12/195825/08/1997
Flemming Bjerregaard RasmussenDirector10/12/195807/05/1997
Jan Alban PetersenDeputy board member10/12/195809/08/1994
Inge Margrethe ThomsenDeputy board member10/12/195830/10/1995
Gunner Appel ThomsenBoard member10/12/195829/10/2002
Alf Duch-PedersenBoard member10/12/195808/10/1992
Alf Duch-PedersenDirector10/12/195814/06/1991
Finn Orla HempDeputy board member10/12/195803/07/1990
Leif SørensenDeputy board member10/12/195811/09/1998
Fred SmithChair of the board10/12/195814/06/1991
Michael R.H SmithChair of the board10/12/195807/07/1992
Robin Howard StanworthChair of the board10/12/195822/12/1994
Brian HarrisChair of the board10/12/195807/05/1997
Per Skougaard JespersenCEO07/05/199716/12/1997
Jørn Bjarne JensenChair of the board07/05/199711/09/1998
Jens-Erik KristensenBoard member07/05/199725/08/1997
Niels Hobolt JensenBoard member25/08/199702/05/2001
Erik Winther PedersenBoard member25/08/199716/12/1997
Poul Elholm JakobsenBoard member25/08/199716/12/1997
Niels Hobolt JensenDirector16/12/199702/05/2001
Finn HalkjærBoard member16/12/199730/06/1999
Richard FennyChair of the board16/12/199731/08/2000
Jens EbbesenBoard member08/07/199906/11/2001
Ethel Elinor FrederiksenBoard member16/08/199929/10/2002
Niels Kjær-OlsenChair of the board31/08/200004/08/2003
Paul John SkudderCEO02/05/200104/02/2002
Søren LarsenBoard member04/05/200104/08/2003
Ulrik DupontBoard member06/11/200109/07/2007
Bernt Skov JensenCEO04/02/200218/06/2002
Jean-Pierre DuhamelDirector18/06/200204/08/2003
Jørgen FredslundDeputy board member29/10/200201/06/2006
Hans Østergaard PedersenBoard member29/10/200212/06/2014
Steen Gunner Brandi BrødbækCEO04/08/200330/09/2004
Artur Jan SarneckiBoard member04/08/200305/10/2004
Michael James Kieran HennessyChair of the board04/08/200306/09/2004
Lawrence Anthony BohmertBoard member04/08/200307/03/2006
Bent Leon NielsenCEO05/10/200409/07/2007
Søren Walther OlsenBoard member05/10/200401/06/2006
Haluk DurudoganChair of the board05/10/200431/01/2006
Brian Andrew McCluskieChair of the board02/02/200601/06/2006
Nikolaj HarboesgaardBoard member01/06/200602/03/2007
David Ywan WattsChair of the board01/06/200622/03/2012
Knud Erik HenriksenDeputy board member06/07/200624/06/2010
Jacob MøllerDirector09/07/200726/11/2008
Paul Henrik LangeBoard member09/07/200731/12/2008
Jørgen TangBoard member09/07/200730/10/2008
Patrick Joseph O'LearyBoard member10/06/200822/03/2012
Richard PettiforCEO26/11/200831/01/2009
Søren Sandholm OvergaardDirector31/01/200915/11/2012
Ole Løkke LethBoard member18/06/201001/05/2018
Mark ShanananBoard member18/06/201022/03/2012
Helle Rechnagel HansenDeputy board member24/06/201012/06/2014
Andrew Joseph KlemmChair of the board22/03/201215/11/2012
Jeremy Wade SmeltserBoard member22/03/201204/04/2019
Mark ShanahanBoard member22/03/201220/12/2013
Andrew Joseph KlemmDirector15/11/201217/09/2013
Kevin LillyChair of the board15/11/201217/03/2015
Derek Richard ReadDirector17/09/201308/01/2014
Maria Lønborg-AndersenBoard member20/12/201302/12/2014
Søren Sten RasmussenDirector08/01/201401/05/2014
Karsten Haubjerg OlesenDirector01/05/201402/11/2015
Lars Holger Lycke GadDeputy board member12/06/201430/04/2018
Jan Okholm SørensenBoard member12/06/201412/06/2018
Kim Hedebo NielsenDeputy board member12/06/201413/06/2018
Didde Nonbo KristiansenBoard member02/12/201401/08/2022
Stephen Athan TsorisBoard member17/03/201509/04/2015
Stephen Athan TsorisChair of the board10/04/201519/06/2019
Lars Holger Lycke GadBoard member01/05/201813/06/2018
Martin KnappeDeputy board member13/06/201825/05/2020
Jan Okholm SørensenDeputy board member13/06/201815/06/2020
Erik Dons SørensenBoard member13/06/201807/07/2022
Anne-Sofie Thomsen SchultzBoard member13/06/201826/05/2020
Jaime Manson EasleyBoard member04/04/201902/03/2026
Peter James RyanChair of the board19/06/201902/03/2026
Martin KnappeBoard member26/05/202007/07/2022
Christina Skov OlsenBoard member07/07/202231/01/2024
Morten Dalsgaard JensenBoard member07/07/202201/07/2026
Winni Elmann JensenBoard member01/08/202230/06/2023

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

Address and production units

4 active production units
Production units
Production unitAddressEmployeesP number
SPX Flow Technology Danmark A/SPasteursvej 1, 8600 Silkeborg1461003018110
SPX Flow Technology Danmark A/S UdviklingsafdelingØstmarken 7, 2860 Søborg681016236663
SPX Flow Technology Danmark A/SPasteursvej 1, 8600 Silkeborg121021459603
SPX Flow Technology Danmark A/S (Albertslund)Østmarken 7, 2860 Søborg21003018146

Purpose

Selskabets formål er at drive industri-, produktions-, handels- og entreprenørvirksomhed, teknisk og kommerciel rådgivning, investering i virksomheder samt at udøve anden virksomhed, der står i forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

153 registered events
20267 changesmanagement 6 · accounts 1
  • Torben Slots appointed board member
  • Morten Dalsgaard Jensen stepped down as board member
  • Annual report for 2025 published
  • Lori Beth Marino appointed board member
  • Michael John Savinelli appointed chair of the board
  • Peter James Ryan stepped down as chair of the board
  • Jaime Manson Easley stepped down as board member
20251 changeaccounts 1
  • Annual report for 2024 published
20243 changesaccounts 1 · management 2
  • Annual report for 2023 published
  • Pranav Kamlesh Shah appointed board member
  • Christina Skov Olsen stepped down as board member
20233 changesaccounts 1 · management 2
  • Annual report for 2022 published
  • Christian Fridberg appointed board member
  • Winni Elmann Jensen stepped down as board member
20227 changesmanagement 6 · accounts 1
  • Winni Elmann Jensen appointed board member
  • Didde Nonbo Kristiansen stepped down as board member
  • Annual report for 2021 published
  • Christina Skov Olsen appointed board member
  • Morten Dalsgaard Jensen appointed board member
  • Martin Knappe stepped down as board member
  • Erik Dons Sørensen stepped down as board member
20211 changeaccounts 1
  • Annual report for 2020 published
20205 changesmanagement 4 · capital 1
  • Jan Okholm Sørensen stepped down as deputy board member
  • Martin Knappe appointed board member
  • Anne-Sofie Thomsen Schultz stepped down as board member
  • Martin Knappe stepped down as deputy board member
  • Share capital changed from 35,100,000 DKK to 35,200,000 DKK
20199 changesownership 3 · capital 2 · management 4
  • APV Overseas Holdings Limited registered as owner (100%)
  • SPX Flow Technology Kerry Limited is no longer registered as owner
  • Share capital changed from 35,000,000 DKK to 35,100,000 DKK
  • APV Overseas Holdings Limited is no longer registered as owner
  • Share capital changed from 221,000,000 DKK to 35,000,000 DKK
  • Peter James Ryan appointed chair of the board
  • Stephen Athan Tsoris stepped down as chair of the board
  • Jaime Manson Easley appointed board member
  • Jeremy Wade Smeltser stepped down as board member
201812 changesmanagement 10 · merger 1 · ownership 1
  • Erik Dons Sørensen appointed board member
  • Martin Knappe appointed deputy board member
  • Anne-Sofie Thomsen Schultz appointed board member
  • Jan Okholm Sørensen appointed deputy board member
  • Lars Holger Lycke Gad stepped down as board member
  • Kim Hedebo Nielsen stepped down as deputy board member
  • Jan Okholm Sørensen stepped down as board member
  • Lars Holger Lycke Gad appointed board member
  • Ole Løkke Leth stepped down as board member
  • Lars Holger Lycke Gad stepped down as deputy board member
  • Merger registered in CVR
  • SPX DENMARK HOLDINGS ApS is no longer registered as owner
20172 changesownership 2
  • APV Overseas Holdings Limited registered as owner (66.67%)
  • SPX Flow Technology Kerry Limited registered as owner (25%)
20161 changemerger 1
  • Merger registered in CVR
20156 changesmanagement 6
  • Michael Vembye appointed director
  • Karsten Haubjerg Olesen stepped down as director
  • Stephen Athan Tsoris appointed chair of the board
  • Stephen Athan Tsoris stepped down as board member
  • Stephen Athan Tsoris appointed board member
  • Kevin Lilly stepped down as chair of the board
201413 changesmanagement 11 · address 2
  • Didde Nonbo Kristiansen appointed board member
  • Maria Lønborg-Andersen stepped down as board member
  • Jan Okholm Sørensen appointed board member
  • Kim Hedebo Nielsen appointed deputy board member
  • Lars Holger Lycke Gad appointed deputy board member
  • Helle Rechnagel Hansen stepped down as deputy board member
  • Hans Østergaard Pedersen stepped down as board member
  • Karsten Haubjerg Olesen appointed director
  • Søren Sten Rasmussen stepped down as director
  • Moved to Pasteursvej 1, 8600 Silkeborg
  • Moved to Østmarken 7, 2860 Søborg
  • Søren Sten Rasmussen appointed director
  • Derek Richard Read stepped down as director
20134 changesmanagement 4
  • Maria Lønborg-Andersen appointed board member
  • Mark Shanahan stepped down as board member
  • Derek Richard Read appointed director
  • Andrew Joseph Klemm stepped down as director
201212 changesmanagement 10 · ownership 1 · industry 1
  • Andrew Joseph Klemm appointed director
  • Kevin Lilly appointed chair of the board
  • Andrew Joseph Klemm stepped down as chair of the board
  • Søren Sandholm Overgaard stepped down as director
  • SPX DENMARK HOLDINGS ApS registered as owner (100%)
  • Andrew Joseph Klemm appointed chair of the board
  • Mark Shanahan appointed board member
  • Jeremy Wade Smeltser appointed board member
  • Mark Shananan stepped down as board member
  • Patrick Joseph O'Leary stepped down as board member
  • David Ywan Watts stepped down as chair of the board
  • Industry changed to Manufacture of machinery for food, beverage and tobacco processing (289300)
20105 changesname 1 · management 4
  • Name changed from SPX APV DANMARK A/S to SPX FLOW TECHNOLOGY DANMARK A/S
  • Helle Rechnagel Hansen appointed deputy board member
  • Knud Erik Henriksen stepped down as deputy board member
  • Ole Løkke Leth appointed board member
  • Mark Shananan appointed board member
20093 changescapital 1 · management 2
  • Share capital changed from 220,000,000 DKK to 221,000,000 DKK
  • Søren Sandholm Overgaard appointed director
  • Richard Pettifor stepped down as ceo
20087 changesmanagement 5 · name 1 · industry 1
  • Paul Henrik Lange stepped down as board member
  • Richard Pettifor appointed ceo
  • Jacob Møller stepped down as director
  • Jørgen Tang stepped down as board member
  • Patrick Joseph O'Leary appointed board member
  • Name changed from INVENSYS APV A/S to SPX APV DANMARK A/S
  • Industry changed to Manufacture of non-domestic cooling and ventilation equipment (282500)
20077 changesmanagement 6 · address 1
  • Jacob Møller appointed director
  • Jørgen Tang appointed board member
  • Paul Henrik Lange appointed board member
  • Bent Leon Nielsen stepped down as ceo
  • Ulrik Dupont stepped down as board member
  • Nikolaj Harboesgaard stepped down as board member
  • Moved to Pasteursvej 1, 8600 Silkeborg
200610 changesmanagement 9 · industry 1
  • Knud Erik Henriksen appointed deputy board member
  • Nikolaj Harboesgaard appointed board member
  • David Ywan Watts appointed chair of the board
  • Brian Andrew McCluskie stepped down as chair of the board
  • Søren Walther Olsen stepped down as board member
  • Jørgen Fredslund stepped down as deputy board member
  • Lawrence Anthony Bohmert stepped down as board member
  • Brian Andrew McCluskie appointed chair of the board
  • Industry changed to Rådgivende ingeniørvirksomhed indenfor produktions- og maskinteknik (742020)
  • Haluk Durudogan stepped down as chair of the board
20046 changesmanagement 6
  • Haluk Durudogan appointed chair of the board
  • Bent Leon Nielsen appointed ceo
  • Søren Walther Olsen appointed board member
  • Artur Jan Sarnecki stepped down as board member
  • Steen Gunner Brandi Brødbæk stepped down as ceo
  • Michael James Kieran Hennessy stepped down as chair of the board
20039 changesname 1 · management 7 · industry 1
  • Name changed from INVENSYS PROCESS SYSTEMS A/S to INVENSYS APV A/S
  • Lawrence Anthony Bohmert appointed board member
  • Steen Gunner Brandi Brødbæk appointed ceo
  • Artur Jan Sarnecki appointed board member
  • Michael James Kieran Hennessy appointed chair of the board
  • Jean-Pierre Duhamel stepped down as director
  • Søren Larsen stepped down as board member
  • Niels Kjær-Olsen stepped down as chair of the board
  • Industry changed to Fremstilling af køle- og fryseanlæg til erhvervsmæssigt brug (292310)
20027 changesaddress 1 · management 6
  • Moved to Pasteursvej 1, 8600 Silkeborg
  • Jørgen Fredslund appointed deputy board member
  • Hans Østergaard Pedersen appointed board member
  • Jean-Pierre Duhamel appointed director
  • Bernt Skov Jensen stepped down as ceo
  • Bernt Skov Jensen appointed ceo
  • Paul John Skudder stepped down as ceo
20015 changesname 1 · management 3 · capital 1
  • Name changed from APV PASILAC A/S to INVENSYS PROCESS SYSTEMS A/S
  • Ulrik Dupont appointed board member
  • Share capital changed from 200,000,000 DKK to 220,000,000 DKK
  • Søren Larsen appointed board member
  • Paul John Skudder appointed ceo
20003 changescapital 1 · management 1 · merger 1
  • Share capital changed from 240,000,000 DKK to 200,000,000 DKK
  • Niels Kjær-Olsen appointed chair of the board
  • Merger registered in CVR
19951 changemerger 1
  • Merger registered in CVR
19911 changemerger 1
  • Merger registered in CVR
19882 changesmerger 1 · name 1
  • Merger registered in CVR
  • Name changed from PASILAC-DANISH TURNKEY DAIRIES A/S to APV PASILAC A/S
19581 changefounded 1
  • Registered as PASILAC-DANISH TURNKEY DAIRIES A/S

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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 23/10/2026.

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