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Subseaflex Holding ApS

Private limited companyCVR 11931979BrøndbyActive

Subseaflex Holding ApS is a private limited company, based in Brøndby, active in manufacture of machinery for mining, quarrying and construction, founded in 1988. Net profit fell 28% from 2024 to 2025, ending at DKK 101.9m. Equity grew to DKK 717.2m in 2025.

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Key figures · financial year 2025

Gross profitDKK 10.3m+54.8% vs. 2024
Net profitDKK 101.9m−28.3% vs. 2024
EquityDKK 717.2m+16.6% vs. 2024
Employees7latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 55% (2024 → 2025), to DKK 10.3m.
  • Net profit fell 28% (2024 → 2025), to DKK 101.9m.
  • Equity rose 17% (2024 → 2025), to DKK 717.2m.

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of machinery for mining, quarrying and construction (289200)

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 200mDKK 400mDKK 600mDKK 800mDKK 1bnDKK 1.2bnDKK 1.4bn202020212022202320242025
EquityNet profit
Financial figures for Subseaflex Holding ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit−1825,66718,13210,9816,63510,274+54.8%
Operating profit (EBIT)–−48812,8924,5734864,690+864.9%
Profit before tax10,8851,1741,474,63992,891197,325208,676+5.8%
Net profit39,30713,2111,455,05187,068142,124101,923−28.3%
Total assets412,297872,1321,220,9521,167,8201,153,6261,146,670−0.6%
Equity396,064865,429400,055473,123615,246717,169+16.6%
Liabilities10,8143,704819,197694,697510,569338,737−33.7%
Cash and cash equivalents–38,0040––––
Average number of employees–877770%

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 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16mDKK 18m202020212022202320242025
Gross profitMedian, the industry (32 companies)

Signals from the financial statements

calculated from the 2025 figures

  • 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 Subseaflex Holding ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202510/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202430/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202325/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202226/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202108/08/2022The companyPDFXBRL
202001/01/2020 – 31/12/202016/07/2021The 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
0123456709/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

32 companies in the database

Comparison with the other companies in manufacture of machinery for mining, quarrying and construction based on the latest financial year.

Gross profitDKK 10.3mNo. 16 of 32
Better than 52% of the companies in the industry
EquityDKK 717.2mNo. 1 of 32
Better than 100% of the companies in the industry
Number of employees7No. 23 of 32
Better than 29% of the companies in the industry

Industry median: gross profit DKK 9.6m, net profit DKK 788k, equity DKK 8.1m, 16 employees.

DKK 1.8mDKK 6.6mDKK 24.1mDKK 88.1mDKK 209.1mHere
Distribution of gross profit for 32 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. 4,607of 69,742
Better than 93%
No. 308of 69,964
Better than 100%
Same industry and fewer than 20 employees16 companies in the comparison
No. 1of 16
Better than 100%
No. 1of 16
Better than 100%
Companies that are at least 30 years old10,276 companies in the comparison
No. 4,121of 10,152
Better than 59%
No. 276of 10,275
Better than 97%
All companies of type ApS66,508 companies in the comparison
No. 5,885of 66,379
Better than 91%
No. 149of 66,505
Better than 100%

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 mining, quarrying and construction
Gross profit
  1. Subseaflex Holding ApSDKK 10.3m
  2. Disa Industries A/SDKK 322.1m
  3. A/S Hydrema ProduktionDKK 123.4m
Net profit
  1. Subseaflex Holding ApSDKK 101.9m
  2. Disa Industries A/SDKK 107.8m
  3. A/S Hydrema ProduktionDKK 20.1m
Equity
  1. Subseaflex Holding ApSDKK 717.2m
  2. Disa Industries A/SDKK 505.1m
  3. A/S Hydrema ProduktionDKK 117.8m
Employees
  1. Subseaflex Holding ApS7
  2. Disa Industries A/S226
  3. A/S Hydrema Produktion153

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
  • National Oilwell Varco Norway AS100%
Subseaflex Holding ApS

Management

2 active registrations

Executive management

Executive management at Subseaflex Holding ApS
NameRoleAppointed
Trevor Brian MartinDirector25/05/2018
Christopher Paul O´NeilDirector30/03/2023
Founders
VX 10.312 ApS, ApS Hvkmd 5 Nr. 555, Pehsb ApS
Former management (30)
Former management at Subseaflex Holding ApS
NameRoleAppointedResigned
Ole Birk KrøjgaardDirector01/01/198801/12/1988
Ulf Svejgaard PoulsenBoard member01/01/198827/07/1988
Susanne Saul StakemannChair of the board01/01/198827/07/1988
Ove NielsenDirector01/01/198820/05/1994
Fritz Toft RasmussenBoard member01/01/198815/06/1993
Per Emil Hasselbalch StakemannBoard member01/01/198827/07/1988
Per Emil Hasselbalch StakemannDirector01/01/198827/07/1988
Ebbe SunkeBoard member01/01/198808/02/1996
Carsten Fruergaard AndersenChair of the board01/01/198804/01/1993
Lis EknerBoard member01/01/198828/03/1995
Knud RimmerBoard member01/01/198828/03/1995
Keld SengeløvChair of the board04/01/199330/12/1993
Svend Helge Sell SørensenChair of the board30/12/199328/03/1995
Poul NielsenCEO20/05/199408/02/1996
Ole BramsnæsBoard member28/03/199504/04/2012
Hans Werner FugmannChair of the board28/03/199531/12/1998
Hans Valentin HansenBoard member28/03/199514/05/2009
Hans Valentin HansenDirector08/02/199614/05/2009
Tom KnutzenChair of the board31/12/199806/12/2005
Thomas Peider Hofman-BangChair of the board06/12/200504/04/2012
Michael Hedegaard LyngBoard member14/05/200904/04/2012
Michael Hedegaard LyngDirector14/05/200903/05/2012
Daniel Louis MolinaroBoard member04/04/201215/04/2014
David James KeenerBoard member04/04/201224/02/2014
Per Geir LøvstadCEO03/05/201225/05/2018
Per Geir LøvstadBoard member15/04/201425/05/2018
Christopher Paul O'NeilChair of the board15/04/201430/09/2015
Trevor Brian MartinBoard member15/04/201425/05/2018
Robbert OudendijkChair of the board30/09/201525/05/2018
Robbert OudendijkDirector25/05/201830/03/2023

Signing rule: Selskabet tegnes af en direktør

Address and production units

2 active production units

Priorparken 480
2605 Brøndby

Brøndby Municipality · Postcode 2605

Production units
Production unitAddressEmployeesP number
SubseaFlex Holding ApSLindholm Havnevej 31, 5800 Nyborg71027745713
SUBSEAFLEX HOLDING ApSPriorparken 480, 2605 Brøndby–1003594817

Purpose

Selskabets formål er at drive industri- og handelsvirksomhed samt have ejerinteresser i selskaber omfattet af nærværende formål.

The purpose is quoted from the register in Danish.

Changes year by year

90 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Manufacture of machinery for mining, quarrying and construction (289200)
20241 changeaccounts 1
  • Annual report for 2023 published
20233 changesaccounts 1 · management 2
  • Annual report for 2022 published
  • Christopher Paul O´Neil appointed director
  • Robbert Oudendijk stepped down as director
20222 changesaccounts 1 · capital 1
  • Annual report for 2021 published
  • Share capital changed from 75,410,000 DKK to 75,420,000 DKK
20214 changescapital 1 · merger 1 · industry 1 · accounts 1
  • Share capital changed from 75,400,000 DKK to 75,410,000 DKK
  • Merger registered in CVR
  • Industry changed to Manufacture of machinery for mining, quarrying and construction (289200)
  • Annual report for 2020 published
20186 changesmanagement 6
  • Trevor Brian Martin appointed director
  • Robbert Oudendijk appointed director
  • Robbert Oudendijk stepped down as chair of the board
  • Trevor Brian Martin stepped down as board member
  • Per Geir Løvstad stepped down as board member
  • Per Geir Løvstad stepped down as ceo
20152 changesmanagement 2
  • Robbert Oudendijk appointed chair of the board
  • Christopher Paul O'Neil stepped down as chair of the board
20145 changesmanagement 5
  • Trevor Brian Martin appointed board member
  • Christopher Paul O'Neil appointed chair of the board
  • Per Geir Løvstad appointed board member
  • Daniel Louis Molinaro stepped down as board member
  • David James Keener stepped down as board member
201210 changesaddress 1 · management 7 · ownership 1 · name 1
  • Moved to Priorparken 480, 2605 Brøndby
  • Per Geir Løvstad appointed ceo
  • Michael Hedegaard Lyng stepped down as director
  • David James Keener appointed board member
  • Daniel Louis Molinaro appointed board member
  • Michael Hedegaard Lyng stepped down as board member
  • Thomas Peider Hofman-Bang stepped down as chair of the board
  • Ole Bramsnæs stepped down as board member
  • National Oilwell Varco Norway AS registered as owner (100%)
  • Name changed from SUBSEAFLEX HOLDING A/S to SUBSEAFLEX HOLDING ApS
20094 changesmanagement 4
  • Michael Hedegaard Lyng appointed board member
  • Michael Hedegaard Lyng appointed director
  • Hans Valentin Hansen stepped down as director
  • Hans Valentin Hansen stepped down as board member
20052 changesmanagement 2
  • Thomas Peider Hofman-Bang appointed chair of the board
  • Tom Knutzen stepped down as chair of the board
20042 changesaddress 1 · capital 1
  • Moved to Vibeholms Allé 25, 2605 Brøndby
  • Share capital changed from 75,000,000 DKK to 75,400,000 DKK
20031 changecapital 1
  • Share capital changed from 103,000,000 DKK to 75,000,000 DKK
20021 changecapital 1
  • Share capital changed from 102,000,000 DKK to 103,000,000 DKK
20001 changeindustry 1
  • Industry changed to Ikke-finansielle holdingselskaber (741500)
19993 changesname 1 · capital 2
  • Name changed from INDUSTRISELSKABET AF 27. SEPTEMBER1997 A/S to SUBSEAFLEX HOLDING A/S
  • Share capital changed from 101,000,000 DKK to 102,000,000 DKK
  • Share capital changed from 10,000,000 DKK to 101,000,000 DKK
19982 changesmanagement 2
  • Tom Knutzen appointed chair of the board
  • Hans Werner Fugmann stepped down as chair of the board
19971 changename 1
  • Name changed from ROTATEC A/S to INDUSTRISELSKABET AF 27. SEPTEMBER1997 A/S
19964 changescapital 1 · management 3
  • Share capital changed from 5,000,000 DKK to 10,000,000 DKK
  • Hans Valentin Hansen appointed director
  • Poul Nielsen stepped down as ceo
  • Ebbe Sunke stepped down as board member
19956 changesmanagement 6
  • Hans Valentin Hansen appointed board member
  • Ole Bramsnæs appointed board member
  • Hans Werner Fugmann appointed chair of the board
  • Svend Helge Sell Sørensen stepped down as chair of the board
  • Knud Rimmer stepped down as board member
  • Lis Ekner stepped down as board member
19942 changesmanagement 2
  • Poul Nielsen appointed ceo
  • Ove Nielsen stepped down as director
19935 changesmanagement 5
  • Svend Helge Sell Sørensen appointed chair of the board
  • Keld Sengeløv stepped down as chair of the board
  • Fritz Toft Rasmussen stepped down as board member
  • Keld Sengeløv appointed chair of the board
  • Carsten Fruergaard Andersen stepped down as chair of the board
198820 changesname 2 · management 16 · capital 1 · founded 1
  • Name changed from A/S UDVIKLINGSSELSKABET AF 1.4 1988 to ROTATEC A/S
  • Ole Birk Krøjgaard stepped down as director
  • Name changed from A/S PSE NR. 2583 to A/S UDVIKLINGSSELSKABET AF 1.4 1988
  • Share capital changed from 300,000 DKK to 5,000,000 DKK
  • Per Emil Hasselbalch Stakemann stepped down as director
  • Per Emil Hasselbalch Stakemann stepped down as board member
  • Susanne Saul Stakemann stepped down as chair of the board
  • Ulf Svejgaard Poulsen stepped down as board member
  • Registered as A/S PSE NR. 2583
  • Carsten Fruergaard Andersen appointed chair of the board
  • Ebbe Sunke appointed board member
  • Per Emil Hasselbalch Stakemann appointed director
  • Per Emil Hasselbalch Stakemann appointed board member
  • Fritz Toft Rasmussen appointed board member
  • Ove Nielsen appointed director
  • Susanne Saul Stakemann appointed chair of the board
  • Ole Birk Krøjgaard appointed director
  • Ulf Svejgaard Poulsen appointed board member
  • Knud Rimmer appointed board member
  • Lis Ekner appointed board member

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Same people in management

Largest in the industry

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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 24/10/2026.

View in CVRReport a correction