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Steel Products Aage Østergaard A/S

Public limited companyCVR 89626412HorsensActive

Steel Products Aage Østergaard A/S is a public limited company, based in Horsens, active in manufacture of other parts and accessories for motor vehicles, founded in 1980. Net profit rose 23% from 2024 to 2025, ending at DKK 20.5m. Measured by gross profit, it ranks no. 5 of 37 companies in the industry in the database. With 241 employees, the company is about 20 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 396.3m−3.5% vs. 2024
Net profitDKK 20.5m+22.6% vs. 2024
EquityDKK 132.5m−40.3% vs. 2024
Employees241latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 20% (2024 → 2025), to DKK 41.8m.
  • Revenue fell 4% (2024 → 2025), to DKK 396.3m.
  • Net profit rose 23% (2024 → 2025), to DKK 20.5m.
  • Equity fell 40% (2024 → 2025), to DKK 132.5m.

Employees

  • 21 more employees than a year earlier: 241 (07/2026) against 220 (07/2025).

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 50mDKK 100mDKK 150mDKK 200m202020212022202320242025
EquityNet profit
Financial figures for Steel Products Aage Østergaard A/S
202020212022202320242025Change
Revenue294,224364,545477,232489,140410,836396,316−3.5%
Gross profit24,55353,22178,13965,75434,82041,837+20.2%
Operating profit (EBIT)9,48635,65863,91948,91318,94524,779+30.8%
Profit before tax11,76039,11463,40650,26121,22226,246+23.7%
Net profit9,16431,56849,79240,48816,75020,542+22.6%
Total assets183,229223,804304,004316,214309,958235,641−24%
Equity110,293111,861164,738205,226221,976132,518−40.3%
Liabilities68,040103,454128,331101,31078,87693,999+19.2%
Cash and cash equivalents13,47120,44210,67326,86669,46328,737−58.6%
Average number of employees220193204–197186−5.6%

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 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60mDKK 70mDKK 80m202020212022202320242025
Gross profitMedian, the industry (37 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 40% from 2024 to 2025 (DKK 222m to DKK 132.5m).

    How is this calculated?

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

  • 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 Steel Products Aage Østergaard A/S
Financial yearPeriodPublishedFigures forDocuments
202501/07/2024 – 30/06/202515/12/2025The companyPDF not statedXBRL
202401/07/2023 – 30/06/202423/12/2024The companyPDFXBRL
202301/07/2022 – 30/06/202322/12/2023The companyPDFXBRL
202201/07/2021 – 30/06/202228/12/2022The companyPDFXBRL
202101/07/2020 – 30/06/202108/11/2021The companyPDFXBRL
202001/07/2019 – 30/06/202002/12/2020The 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

37 companies in the database

Comparison with the other companies in manufacture of other parts and accessories for motor vehicles based on the latest financial year.

Gross profitDKK 41.8mNo. 5 of 37
Better than 89% of the companies in the industry
EquityDKK 132.5mNo. 5 of 37
Better than 89% of the companies in the industry
Number of employees241No. 3 of 37
Better than 94% of the companies in the industry

Industry median: gross profit DKK 5.2m, net profit DKK 434k, equity DKK 5.4m, 12 employees.

DKK 486kDKK 2.1mDKK 9.1mDKK 39.2mDKK 104mHere
Distribution of gross profit for 36 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. 684of 763
Better than 10%
No. 338of 796
Better than 58%
Companies that are at least 30 years old10,276 companies in the comparison
No. 1,717of 10,152
Better than 83%
No. 1,040of 10,275
Better than 90%
All companies of type A/S18,025 companies in the comparison
No. 3,403of 17,786
Better than 81%
No. 1,886of 18,024
Better than 90%

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 other parts and accessories for motor vehicles
Gross profit
  1. Steel Products Aage Østergaard A/SDKK 41.8m
  2. Klokkerholm Karosseridele A/SDKK 169.4m
  3. Meneta Advanced Shims Technology A/SDKK 105.3m
Net profit
  1. Steel Products Aage Østergaard A/SDKK 20.5m
  2. Klokkerholm Karosseridele A/SDKK 70.4m
  3. Meneta Advanced Shims Technology A/SDKK 4.9m
Equity
  1. Steel Products Aage Østergaard A/SDKK 132.5m
  2. Klokkerholm Karosseridele A/SDKK 174.1m
  3. Meneta Advanced Shims Technology A/SDKK 220.6m
Employees
  1. Steel Products Aage Østergaard A/S241
  2. Klokkerholm Karosseridele A/S109
  3. Meneta Advanced Shims Technology A/S174

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
  • Steel Products A/S100%
Steel Products Aage Østergaard A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

9 active registrations

Executive management

Executive management at Steel Products Aage Østergaard A/S
NameRoleAppointed
Mikkel Krogslund AndersenCEO01/09/2023

Board of directors

Board of directors at Steel Products Aage Østergaard A/S
NameRoleAppointed
Jane Winther HougaardBoard member16/02/2015
Angela Hørdum ValenteBoard member29/06/2020
Emilie Hørdum ValenteBoard member29/06/2020
Bo KnudsenBoard member14/03/2023
René Them ThykjærBoard member14/03/2023
Mogens Hørdum SørensenChair of the board01/09/2023
Mikkel Krogslund AndersenBoard member01/09/2023
Tine ValenteBoard member01/09/2023
Former management (72)
Former management at Steel Products Aage Østergaard A/S
NameRoleAppointedResigned
Jens Peter Rønde LenithBoard member22/04/198020/11/2000
Willy Bækskov ThomasenBoard member22/04/198007/02/1991
Jørgen Iver Rauning BraskBoard member22/04/198008/01/1992
Jørgen Iver Rauning BraskDirector22/04/198026/10/1990
Niels Christian Holst AndersenBoard member22/04/198024/02/1994
Aage Frederik ØstergaardBoard member22/04/198015/02/1988
Aage Frederik ØstergaardDirector22/04/198015/02/1988
Uffe Gammelby JensenBoard member22/04/198001/02/2007
Uffe Gammelby JensenDirector22/04/198001/02/2007
Benny Helding MadsenBoard member22/04/198008/05/2012
Benny Helding MadsenDirector22/04/198001/02/2007
Erik KnudsenBoard member22/04/198006/01/1993
Erik KnudsenDirector22/04/198006/01/1993
Jørn Hjuler ChristensenBoard member22/04/198013/02/1995
Ejvind Thygesen GjesseDeputy board member22/04/198007/02/1991
Valther Helding MadsenDeputy board member22/04/198007/02/1991
Rita Thybo MortensenDeputy board member22/04/198007/02/1991
Sven-Gunner NielsenBoard member22/04/198008/05/2012
Sven-Gunner NielsenDirector22/04/198001/09/2008
Ejvind Børge HansenBoard member22/04/198025/03/1997
Mogens Buch MadsenDeputy board member22/04/198018/12/1998
Benny PedersenBoard member22/04/198007/12/2007
Bjarne Wærum LaursenBoard member22/04/198018/12/1998
Keld Zwingly Skjønnemand HolmegaardBoard member22/04/198009/12/2002
Preben Ove RasmussenBoard member22/04/198007/02/1991
Benny RasmussenBoard member22/04/198007/04/2009
Henning JensenBoard member18/12/199809/12/2002
Kim Basse NielsenBoard member18/12/199809/12/2002
Johnny HaabegaardDeputy board member18/12/199809/12/2002
Claus Løvstrup AndersenDeputy board member18/12/199809/12/2002
Poul Erik AndersenChair of the board04/12/200010/03/2016
Kent HansenDeputy board member09/12/200219/11/2010
Preben HøwischBoard member09/12/200211/12/2006
Arne Henry BeckBoard member09/12/200219/11/2010
Hans Henrik SkaanildDeputy board member09/12/200211/12/2006
Lars Ravn NielsenBoard member06/02/200612/10/2010
Jane Winther HougaardBoard member11/12/200619/11/2010
Jan Puggaard MortensenBoard member11/12/200619/11/2010
Jes Kirstejn TherkelsenDeputy board member11/12/200619/11/2010
Allan Peter NielsenDeputy board member11/12/200601/01/2008
Lars Ravn NielsenDirector01/02/200712/10/2010
Jes Per Bak SørensenBoard member01/02/200719/11/2010
Jes Per Bak SørensenDirector01/02/200726/05/2014
Poul Richard UlsøeBoard member08/01/201002/12/2013
Jan Ulvedal ChristensenBoard member22/11/201014/03/2023
Jesper JusjongDeputy board member22/11/201015/02/2015
Lone GjesseBoard member22/11/201001/12/2018
Christian PedersenBoard member22/11/201008/05/2012
Jørn Krogager HenriksenDirector01/05/201101/05/2015
Gert KristiansenBoard member08/05/201213/10/2016
Rolf Manfred EbbesenBoard member08/05/201210/03/2016
Hans Kristian JørgensenBoard member08/05/201216/02/2015
Asger ThierryBoard member02/12/201310/03/2016
Jesper JusjongDeputy board member16/02/201530/11/2018
Jan Puggaard MortensenDeputy board member16/02/201501/12/2018
Bo KnudsenDeputy board member16/02/201501/12/2018
Hans Jørgen NielsenDirector01/05/201528/08/2015
Anni DressøDirector28/08/201513/10/2016
Ole Elverdam BorchChair of the board10/03/201613/10/2016
Mikael Teller HeéBoard member10/03/201613/10/2016
Anni DressøBoard member10/03/201613/10/2016
Mogens Hørdum SørensenBoard member13/10/201631/08/2023
Mogens Hørdum SørensenCEO13/10/201601/09/2023
Kevin John MüllerBoard member13/10/201618/12/2016
Hans LohmannChair of the board13/10/201619/12/2016
Peter LorentzenBoard member13/10/201629/06/2020
Lars BuhlBoard member13/10/201619/12/2016
Kevin John MüllerChair of the board19/12/201629/06/2020
Tine ValenteBoard member19/12/201628/06/2020
Jørn HvidbjergBoard member01/02/201729/06/2020
Jesper JusjongBoard member01/12/201814/03/2023
Tine ValenteChair of the board29/06/202031/08/2023

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

Address and production units

2 active production units

Islandsvej 25
8700 Horsens

Horsens Municipality · Postcode 8700

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
Steel Products Aage Østergaard A/SIslandsvej 25, 8700 Horsens2281002823076
Steel Products Aage Østergaard A/SFuglevangsvej 69, 8700 Horsens201028151191

Purpose

Selskabets formål er fabrikation og handel - især indenfor maskin- og metalvareindustrien - og dermed beslægtet virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

135 registered events
20251 changeaccounts 1
  • Annual report for 2025 published
20241 changeaccounts 1
  • Annual report for 2024 published
202313 changesaccounts 1 · management 11 · industry 1
  • Annual report for 2023 published
  • Mogens Hørdum Sørensen appointed chair of the board
  • Tine Valente appointed board member
  • Mikkel Krogslund Andersen appointed ceo
  • Mikkel Krogslund Andersen appointed board member
  • Mogens Hørdum Sørensen stepped down as ceo
  • Tine Valente stepped down as chair of the board
  • Mogens Hørdum Sørensen stepped down as board member
  • René Them Thykjær appointed board member
  • Bo Knudsen appointed board member
  • Jesper Jusjong stepped down as board member
  • Jan Ulvedal Christensen stepped down as board member
  • Industry changed to Manufacture of other parts and accessories for motor vehicles (293200)
20221 changeaccounts 1
  • Annual report for 2022 published
20211 changeaccounts 1
  • Annual report for 2021 published
202010 changesaccounts 1 · management 7 · name 1 · industry 1
  • Annual report for 2020 published
  • Emilie Hørdum Valente appointed board member
  • Angela Hørdum Valente appointed board member
  • Tine Valente appointed chair of the board
  • Jørn Hvidbjerg stepped down as board member
  • Kevin John Müller stepped down as chair of the board
  • Peter Lorentzen stepped down as board member
  • Tine Valente stepped down as board member
  • Name changed from AAGE ØSTERGAARD HORSENS A/S to Steel Products Aage Østergaard A/S
  • Industry changed to Manufacture of agricultural and forestry machinery (283000)
20186 changesmanagement 5 · address 1
  • Jesper Jusjong appointed board member
  • Bo Knudsen stepped down as deputy board member
  • Jan Puggaard Mortensen stepped down as deputy board member
  • Lone Gjesse stepped down as board member
  • Jesper Jusjong stepped down as deputy board member
  • Moved to Islandsvej 25, 8700 Horsens
20171 changemanagement 1
  • Jørn Hvidbjerg appointed board member
201625 changesmanagement 22 · capital 1 · ownership 2
  • Kevin John Müller appointed chair of the board
  • Tine Valente appointed board member
  • Lars Buhl stepped down as board member
  • Hans Lohmann stepped down as chair of the board
  • Kevin John Müller stepped down as board member
  • Share capital changed from 10,000,000 DKK to 25,000,000 DKK
  • Kevin John Müller appointed board member
  • Mogens Hørdum Sørensen appointed board member
  • Lars Buhl appointed board member
  • Peter Lorentzen appointed board member
  • Hans Lohmann appointed chair of the board
  • Mogens Hørdum Sørensen appointed ceo
  • Ole Elverdam Borch stepped down as chair of the board
  • Anni Dressø stepped down as board member
  • Mikael Teller Heé stepped down as board member
  • Anni Dressø stepped down as director
  • Gert Kristiansen stepped down as board member
  • Steel Products A/S registered as owner (100%)
  • AAGE FREDERIK ØSTERGAARD OG KATHRINE ØSTERGAARDS FOND is no longer registered as owner
  • Ole Elverdam Borch appointed chair of the board
  • Anni Dressø appointed board member
  • Mikael Teller Heé appointed board member
  • Asger Thierry stepped down as board member
  • Rolf Manfred Ebbesen stepped down as board member
  • Poul Erik Andersen stepped down as chair of the board
201510 changesmanagement 10
  • Anni Dressø appointed director
  • Hans Jørgen Nielsen stepped down as director
  • Hans Jørgen Nielsen appointed director
  • Jørn Krogager Henriksen stepped down as director
  • Jesper Jusjong appointed deputy board member
  • Jane Winther Hougaard appointed board member
  • Bo Knudsen appointed deputy board member
  • Jan Puggaard Mortensen appointed deputy board member
  • Hans Kristian Jørgensen stepped down as board member
  • Jesper Jusjong stepped down as deputy board member
20141 changemanagement 1
  • Jes Per Bak Sørensen stepped down as director
20132 changesmanagement 2
  • Asger Thierry appointed board member
  • Poul Richard Ulsøe stepped down as board member
20126 changesmanagement 5 · merger 1
  • Gert Kristiansen appointed board member
  • Hans Kristian Jørgensen appointed board member
  • Rolf Manfred Ebbesen appointed board member
  • Christian Pedersen stepped down as board member
  • Benny Helding Madsen stepped down as board member
  • Merger registered in CVR
20111 changemanagement 1
  • Jørn Krogager Henriksen appointed director
201013 changesmanagement 13
  • Jan Ulvedal Christensen appointed board member
  • Christian Pedersen appointed board member
  • Lone Gjesse appointed board member
  • Jesper Jusjong appointed deputy board member
  • Jes Per Bak Sørensen stepped down as board member
  • Jes Kirstejn Therkelsen stepped down as deputy board member
  • Jan Puggaard Mortensen stepped down as board member
  • Jane Winther Hougaard stepped down as board member
  • Kent Hansen stepped down as deputy board member
  • Arne Henry Beck stepped down as board member
  • Lars Ravn Nielsen stepped down as director
  • Lars Ravn Nielsen stepped down as board member
  • Poul Richard Ulsøe appointed board member
20082 changesindustry 1 · management 1
  • Industry changed to Manufacture of other fabricated metal products n.e.c. (259900)
  • Allan Peter Nielsen stepped down as deputy board member
20075 changesmanagement 4 · address 1
  • Lars Ravn Nielsen appointed director
  • Jes Per Bak Sørensen appointed board member
  • Jes Per Bak Sørensen appointed director
  • Benny Helding Madsen stepped down as director
  • Moved to Islandsvej 25, 8700 Horsens
20067 changesmanagement 7
  • Jes Kirstejn Therkelsen appointed deputy board member
  • Allan Peter Nielsen appointed deputy board member
  • Jan Puggaard Mortensen appointed board member
  • Jane Winther Hougaard appointed board member
  • Hans Henrik Skaanild stepped down as deputy board member
  • Preben Høwisch stepped down as board member
  • Lars Ravn Nielsen appointed board member
20031 changeindustry 1
  • Industry changed to Fremstilling af andre færdige metalprodukter i øvrigt (287590)
20028 changesmanagement 8
  • Kent Hansen appointed deputy board member
  • Hans Henrik Skaanild appointed deputy board member
  • Arne Henry Beck appointed board member
  • Preben Høwisch appointed board member
  • Johnny Haabegaard stepped down as deputy board member
  • Henning Jensen stepped down as board member
  • Claus Løvstrup Andersen stepped down as deputy board member
  • Kim Basse Nielsen stepped down as board member
20001 changemanagement 1
  • Poul Erik Andersen appointed chair of the board
19984 changesmanagement 4
  • Johnny Haabegaard appointed deputy board member
  • Henning Jensen appointed board member
  • Claus Løvstrup Andersen appointed deputy board member
  • Kim Basse Nielsen appointed board member
19951 changemanagement 1
  • Jørn Hjuler Christensen stepped down as board member
19932 changesmanagement 2
  • Erik Knudsen stepped down as director
  • Erik Knudsen stepped down as board member
19922 changesname 1 · capital 1
  • Name changed from AAGE ØSTERGAARDS METALVARE- OG MASKINFABRIK, HORSENS A/S to AAGE ØSTERGAARD HORSENS A/S
  • Share capital changed from 8,000,000 DKK to 10,000,000 DKK
19911 changeownership 1
  • AAGE FREDERIK ØSTERGAARD OG KATHRINE ØSTERGAARDS FOND registered as owner (100%)
19881 changecapital 1
  • Share capital changed from 7,000,000 DKK to 8,000,000 DKK
19872 changescapital 2
  • Share capital changed from 3,000,000 DKK to 7,000,000 DKK
  • Share capital changed from 2,000,000 DKK to 3,000,000 DKK
19806 changesfounded 1 · management 5
  • Registered as AAGE ØSTERGAARDS METALVARE- OG MASKINFABRIK, HORSENS A/S
  • Jørn Hjuler Christensen appointed board member
  • Erik Knudsen appointed director
  • Erik Knudsen appointed board member
  • Benny Helding Madsen appointed director
  • Benny Helding Madsen appointed board member

Related companies

Same industry in Horsens

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 23/10/2026.

View in CVRReport a correction