Swedish Match Denmark A/S

Public limited companyCVR 29400997SilkeborgActive

Swedish Match Denmark A/S is a public limited company, based in Silkeborg, active in manufacture of tobacco products, founded in 2006. After a loss in 2024, the company made a profit of DKK 6.5m in 2025.

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Key figures · financial year 2025

Gross profitDKK 144.5m+32% vs. 2024
Net profitDKK 6.5m+105.4% vs. 2024
EquityDKK 314.3m−3% vs. 2024
Employees226latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 32% (2024 → 2025), to DKK 144.5m.
  • Net profit went from a loss of DKK 121.2m to a profit of DKK 6.5m (2024 → 2025).
  • Equity fell 3% (2024 → 2025), to DKK 314.3m.

Employees

  • 2 fewer employees than a year earlier: 226 (07/2026) against 228 (07/2025).

Management and owners, last 24 months

  • New in management: Mattias Gustafsson (board member, 05/05/2025), Mattias Gustafsson (ceo, 05/05/2025) and Jon-Michael Jeffery LaGray (board member, 16/06/2026) (+1).
  • Stepped down: Bjarne Strandhave Hald (board member, 05/05/2025), Bjarne Strandhave Hald (ceo, 05/05/2025) and Joakim Tilly (chair of the board, 16/06/2026) (+1).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of tobacco products (120000)

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 200m−DKK 100mDKK 0DKK 100mDKK 200mDKK 300mDKK 400mDKK 500m202020212022202320242025
EquityNet profit
Financial figures for Swedish Match Denmark A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit81,272116,339126,106129,153109,490144,505+32%
Operating profit (EBIT)24,51854,26152,77940,6936,4118,988+40.2%
Profit before tax54,01475,05471,72855,767−119,7308,115+106.8%
Net profit48,70764,47261,25845,226−121,2396,505+105.4%
Total assets438,517482,153525,764559,329371,016405,591+9.3%
Equity409,420453,892494,150502,376324,137314,342−3%
Liabilities24,62423,30125,32047,27236,44979,649+118.5%
Cash and cash equivalents162003126,5882,2510−100%
Average number of employees8192101113143190+32.9%

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 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140m202020212022202320242025
Gross profitMedian, the industry (6 companies)

Annual reports

6 financial years
Annual reports for Swedish Match Denmark A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202517/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202406/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202311/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202201/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202104/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202018/03/2021The 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

6 companies in the database

Comparison with the other companies in manufacture of tobacco products based on the latest financial year.

Gross profitDKK 144.5mNo. 1 of 5
Better than 100% of the companies in the industry
EquityDKK 314.3mNo. 3 of 6
Better than 60% of the companies in the industry
Number of employees226No. 2 of 6
Better than 80% of the companies in the industry

Industry median: gross profit DKK 94.6m, net profit DKK 8.9m, equity DKK 184.1m, 134 employees.

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. 419of 763
Better than 45%
No. 184of 796
Better than 77%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 477of 24,791
Better than 98%
No. 533of 24,909
Better than 98%
All companies of type A/S18,025 companies in the comparison
No. 1,101of 17,786
Better than 94%
No. 1,015of 18,024
Better than 94%

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 tobacco products
Gross profit
  1. Swedish Match Denmark A/SDKK 144.5m
  2. Mac Baren Tobacco Company A/SDKK 117.5m
  3. N.g.p Tobacco ApSDKK 94.6m
Net profit
  1. Swedish Match Denmark A/SDKK 6.5m
  2. Mac Baren Tobacco Company A/S−DKK 2.5m
  3. N.g.p Tobacco ApSDKK 23.9m
Equity
  1. Swedish Match Denmark A/SDKK 314.3m
  2. Mac Baren Tobacco Company A/SDKK 524.2m
  3. N.g.p Tobacco ApSDKK 53.8m
Employees
  1. Swedish Match Denmark A/S226
  2. Mac Baren Tobacco Company A/S57
  3. N.g.p Tobacco ApS166

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
  • Swedish Match North Europe AB100%
Swedish Match Denmark A/S

Management

4 active registrations

Executive management

Executive management at Swedish Match Denmark A/S
NameRoleAppointed
Mattias GustafssonCEO05/05/2025

Board of directors

Board of directors at Swedish Match Denmark A/S
NameRoleAppointed
Mattias GustafssonBoard member05/05/2025
Jon-Michael Jeffery LaGrayBoard member16/06/2026
Johannes Hendrikus BinkChair of the board16/06/2026
Founders
A&a Holding ApS, Vogel ApS
Former management (29)
Former management at Swedish Match Denmark A/S
NameRoleAppointedResigned
Claus Fedder SørensenBoard member28/02/200601/05/2006
Ole LarsenBoard member28/02/200601/05/2006
Patrick Jakobsen VogelBoard member28/02/200620/04/2015
Patrick Jakobsen VogelDirector28/02/200621/04/2015
Ole MikkelsenChair of the board01/05/200612/04/2012
Marc Rainer VogelDeputy chair01/05/200620/04/2015
Henrik HjorthChair of the board12/04/201219/12/2016
Marc Rainer VogelBoard member21/04/201531/08/2017
Marc Rainer VogelCEO21/04/201530/08/2017
Patrick Jakobsen VogelDeputy chair21/04/201518/12/2016
Patrick Jakobsen VogelChair of the board19/12/201602/04/2017
Johnny Nymann StephansenBoard member19/12/201603/04/2017
Henrik Næsted OvergaardBoard member03/04/201731/08/2017
Lars Dige KnudsenChair of the board03/04/201731/08/2017
Patrick Jakobsen VogelDeputy chair03/04/201731/08/2017
Marc Rainer VogelDirector31/08/201728/09/2018
Joakim TillyBoard member31/08/201710/03/2020
Joakim TillyCEO31/08/201715/06/2018
Lars DahlgrenChair of the board31/08/201711/03/2020
Mattias JosanderBoard member31/08/201711/03/2020
Anders LarssonBoard member31/08/201715/06/2018
Lars Olof LöfmanBoard member31/08/201711/03/2020
Bjarne Strandhave HaldDirector17/04/201810/03/2020
Geir HammerCEO15/06/201811/03/2020
Mattias AdebäckBoard member15/06/201809/11/2022
Bjarne Strandhave HaldBoard member11/03/202005/05/2025
Bjarne Strandhave HaldCEO11/03/202005/05/2025
Joakim TillyChair of the board11/03/202016/06/2026
Per Bengt Emil WallengrenBoard member09/11/202216/06/2026

Signing rule: Selskabet tegnes af en direktør og et bestyrelsesmedlem i forening, af to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.

Address and production units

1 active production units
Production units
Production unitAddressEmployeesP number
Swedish Match Denmark A/SGeorg Jensens Vej 7, 8600 Silkeborg2241012078656

Purpose

Selskabets formål er salg, produktion og udvikling af røgfrie nikotinprodukter til hele verden og dermed tilknyttede aktiviteter.

The purpose is quoted from the register in Danish.

Changes year by year

82 registered events
20265 changesaccounts 1 · management 4
  • Annual report for 2025 published
  • Johannes Hendrikus Bink appointed chair of the board
  • Jon-Michael Jeffery LaGray appointed board member
  • Per Bengt Emil Wallengren stepped down as board member
  • Joakim Tilly stepped down as chair of the board
20256 changesaccounts 1 · management 4 · industry 1
  • Annual report for 2024 published
  • Mattias Gustafsson appointed ceo
  • Mattias Gustafsson appointed board member
  • Bjarne Strandhave Hald stepped down as ceo
  • Bjarne Strandhave Hald stepped down as board member
  • Industry changed to Manufacture of tobacco products (120000)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20223 changesmanagement 2 · accounts 1
  • Per Bengt Emil Wallengren appointed board member
  • Mattias Adebäck stepped down as board member
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
202010 changesname 1 · management 9
  • Name changed from V2 TOBACCO A/S to Swedish Match Denmark A/S
  • Bjarne Strandhave Hald appointed ceo
  • Joakim Tilly appointed chair of the board
  • Bjarne Strandhave Hald appointed board member
  • Geir Hammer stepped down as ceo
  • Lars Dahlgren stepped down as chair of the board
  • Mattias Josander stepped down as board member
  • Lars Olof Löfman stepped down as board member
  • Bjarne Strandhave Hald stepped down as director
  • Joakim Tilly stepped down as board member
201810 changesmanagement 6 · ownership 2 · capital 1 · merger 1
  • Marc Rainer Vogel stepped down as director
  • Geir Hammer appointed ceo
  • Mattias Adebäck appointed board member
  • Joakim Tilly stepped down as ceo
  • Anders Larsson stepped down as board member
  • Bjarne Strandhave Hald appointed director
  • Swedish Match North Europe AB registered as owner (100%)
  • Share capital changed from 500,000 DKK to 501,000 DKK
  • Merger registered in CVR
  • V2H ApS is no longer registered as owner
201717 changesmanagement 17
  • Joakim Tilly appointed board member
  • Marc Rainer Vogel appointed director
  • Joakim Tilly appointed ceo
  • Lars Dahlgren appointed chair of the board
  • Mattias Josander appointed board member
  • Anders Larsson appointed board member
  • Lars Olof Löfman appointed board member
  • Lars Dige Knudsen stepped down as chair of the board
  • Henrik Næsted Overgaard stepped down as board member
  • Patrick Jakobsen Vogel stepped down as deputy chair
  • Marc Rainer Vogel stepped down as board member
  • Marc Rainer Vogel stepped down as ceo
  • Lars Dige Knudsen appointed chair of the board
  • Henrik Næsted Overgaard appointed board member
  • Patrick Jakobsen Vogel appointed deputy chair
  • Johnny Nymann Stephansen stepped down as board member
  • Patrick Jakobsen Vogel stepped down as chair of the board
20164 changesmanagement 4
  • Johnny Nymann Stephansen appointed board member
  • Patrick Jakobsen Vogel appointed chair of the board
  • Henrik Hjorth stepped down as chair of the board
  • Patrick Jakobsen Vogel stepped down as deputy chair
20156 changesmanagement 6
  • Marc Rainer Vogel appointed board member
  • Patrick Jakobsen Vogel appointed deputy chair
  • Marc Rainer Vogel appointed ceo
  • Patrick Jakobsen Vogel stepped down as director
  • Marc Rainer Vogel stepped down as deputy chair
  • Patrick Jakobsen Vogel stepped down as board member
20122 changesmanagement 2
  • Henrik Hjorth appointed chair of the board
  • Ole Mikkelsen stepped down as chair of the board
20113 changesaddress 1 · ownership 1 · industry 1
  • Moved to Georg Jensens Vej 7, 8600 Silkeborg
  • V2H ApS registered as owner (100%)
  • Industry changed to Manufacture of tobacco products (120000)
20081 changeindustry 1
  • Industry changed to Manufacture of other food products n.e.c. (108900)
20071 changeaddress 1
  • Moved to Korshøjvej 1, 8600 Silkeborg
200611 changesaddress 1 · management 8 · industry 1 · founded 1
  • Moved to Korshøjvej 1, 8600 Silkeborg
  • Marc Rainer Vogel appointed deputy chair
  • Ole Mikkelsen appointed chair of the board
  • Claus Fedder Sørensen stepped down as board member
  • Ole Larsen stepped down as board member
  • Industry changed to Fremstilling af andre næringsmidler i øvrigt (158920)
  • Registered as V2 TOBACCO A/S
  • Patrick Jakobsen Vogel appointed board member
  • Patrick Jakobsen Vogel appointed director
  • Claus Fedder Sørensen appointed board member
  • Ole Larsen appointed board member

Related companies

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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVRReport a correction