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T&W Medical A/S

Public limited companyCVR 28511809LyngeActive

T&W Medical A/S is a public limited company, based in Lynge, active in activities of non-financial head offices, founded in 2005. Measured by gross profit, it ranks no. 3 of 276 companies in the industry in the database. The company made a loss in both 2024 and 2025, most recently DKK 347m. Equity grew to DKK 10bn in 2025.

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Key figures · financial year 2025

RevenueDKK 19.3bn−2.2% vs. 2024
Net profit−DKK 347m+96.3% vs. 2024
EquityDKK 10bn+15.6% vs. 2024
Employees22latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 8% (2024 → 2025), to DKK 12.1bn.
  • Revenue fell 2% (2024 → 2025), to DKK 19.3bn.
  • The loss got smaller: from DKK 9.3bn to DKK 347m (2024 → 2025).
  • Equity rose 16% (2024 → 2025), to DKK 10bn.

Employees

  • 1 more employees than a year earlier: 22 (08/2026) against 21 (08/2025).

Management and owners, last 24 months

  • New owners registered: Adam Westermann (23/03/2026), Mads Rosendahl Westermann (23/03/2026) and Maja Rosendahl Westermann (23/03/2026) (+8).
  • No longer registered as owner: Anders Steen Westermann (26/03/2026), Jan Tøpholm (26/03/2026) and Søren Erik Westermann (22/03/2026) (+5).

Registrations, last 24 months

  • 26/03/2026: Share capital changed from 563,774,688 DKK to 818,727,124 DKK
  • 01/01/2025: Industry changed to Activities of non-financial head offices (701010)

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 10bn−DKK 5bnDKK 0DKK 5bnDKK 10bnDKK 15bn202020212022202320242025
EquityNet profit
Financial figures for T&W Medical A/S
202020212022202320242025Change
Revenue12,965,30015,287,70017,493,30018,371,00019,674,00019,251,000−2.2%
Gross profit7,255,3008,962,10010,250,00010,734,00011,155,00012,092,000+8.4%
Operating profit (EBIT)913,400627,300523,5001,073,000−7,839,0001,907,000+124.3%
Profit before tax−2,206,000380,700−1,819,500−92,000−11,188,00060,000+100.5%
Net profit−1,816,400237,400−1,827,900−264,000−9,314,000−347,000+96.3%
Total assets55,659,00055,495,30056,364,80055,852,00044,739,00042,042,000−6%
Equity17,279,50015,788,70015,158,00014,598,0008,633,0009,983,000+15.6%
Liabilities38,379,50039,706,60041,206,80041,255,00036,106,00032,059,000−11.2%
Cash and cash equivalents1,937,5001,283,8001,001,000967,0001,804,000816,000−54.8%

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 2bnDKK 4bnDKK 6bnDKK 8bnDKK 10bnDKK 12bn202020212022202320242025
Gross profitMedian, the industry (310 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 4 years in a row

    Net result has been negative in 2022–2025.

    How is this calculated?

    Net result is negative in the two or more 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 T&W Medical A/S
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202525/03/2026The companyPDF not statedXBRL
202401/10/2023 – 30/09/202402/04/2025The companyPDF not statedXBRL
202301/10/2022 – 30/09/202320/03/2024The companyPDF not statedXBRL
202201/10/2021 – 30/09/202210/03/2023The companyPDF not statedXBRL
202101/10/2020 – 30/09/202101/03/2022The companyPDFXBRL
202001/10/2019 – 30/09/202001/03/2021The 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
051015202509/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

310 companies in the database

Comparison with the other companies in activities of non-financial head offices based on the latest financial year.

Gross profitDKK 12.1bnNo. 3 of 276
Better than 99% of the companies in the industry
EquityDKK 10bnNo. 14 of 310
Better than 96% of the companies in the industry
Number of employees22No. 197 of 310
Better than 37% of the companies in the industry

Industry median: gross profit DKK 31.9m, net profit DKK 3.9m, equity DKK 179.4m, 49 employees.

DKK 100kDKK 2.7mDKK 75.2mDKK 2.1bnDKK 18.8bnHere
Distribution of gross profit for 235 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 20–49 employees9,922 companies in the comparison
No. 2of 9,892
Better than 100%
No. 7of 9,922
Better than 100%
Same industry and 20–49 employees60 companies in the comparison
No. 1of 53
Better than 100%
No. 4of 60
Better than 95%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 7of 24,791
Better than 100%
No. 28of 24,909
Better than 100%
All companies of type A/S18,025 companies in the comparison
No. 17of 17,786
Better than 100%
No. 64of 18,024
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

Activities of non-financial head offices
Gross profit
  1. T&W Medical A/SDKK 12.1bn
  2. LEGO A/SDKK 56.6bn
  3. Demant A/SDKK 17.4bn
Net profit
  1. T&W Medical A/S−DKK 347m
  2. LEGO A/SDKK 16.7bn
  3. Demant A/SDKK 1.5bn
Equity
  1. T&W Medical A/SDKK 10bn
  2. LEGO A/SDKK 49.3bn
  3. Demant A/SDKK 9.9bn
Employees
  1. T&W Medical A/S22
  2. LEGO A/S5
  3. Demant A/S58

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
  • Adam Westermann5%
  • Mads Rosendahl Westermann5% · 0% votes
  • Maja Rosendahl Westermann5% · 0% votes
  • Richard Tøpholm10% · 5% votes
  • Julian Tøpholm10% · 5% votes
  • Christian Emil Westermann10% · 0% votes
  • Jacob Steen Westermann5% · 0% votes
T&W Medical A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

7 active registrations

Executive management

Executive management at T&W Medical A/S
NameRoleAppointed
Lars NørgaardDirector22/04/2015

Board of directors

Board of directors at T&W Medical A/S
NameRoleAppointed
Anders Steen WestermannBoard member22/03/2005
Søren Erik WestermannBoard member22/03/2005
Jan TøpholmChair of the board27/04/2005
Richard TøpholmBoard member22/04/2015
Julian TøpholmBoard member22/04/2015
Adam WestermannBoard member07/12/2018
Founders
Moltke-leth Advokater. Aktieselskab
Former management (2)
Former management at T&W Medical A/S
NameRoleAppointedResigned
Jan TøpholmDirector22/03/200527/04/2005
Anders Steen WestermannDirector27/04/200522/04/2015

Signing rule: Selskabet tegnes af to bestyrelsesmedlemmer i forening eller af et bestyrelsesmedlem i forening med en direktør

Address and production units

1 active production units

Nymøllevej 6
3540 Lynge

Allerød Municipality · Postcode 3540

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
T&W Medical A/SNymøllevej 6, 3540 Lynge221011215900

Purpose

Selskabets formål er at eje aktier, anparter og andre værdipapirer og aktiver, inkl. fast ejendom, samt at drive investerings- og servicevirksomhed samt enhver aktivitet beslægtet hermed

The purpose is quoted from the register in Danish.

Changes year by year

60 registered events
202621 changesownership 19 · capital 1 · accounts 1
  • Anders Steen Westermann registered as owner (0%)
  • Jacob Steen Westermann registered as owner (5%)
  • Christian Emil Westermann registered as owner (10%)
  • Julian Tøpholm registered as owner (10%)
  • Richard Tøpholm registered as owner (10%)
  • Søren Erik Westermann registered as owner (0%)
  • Jan Tøpholm registered as owner (0%)
  • Share capital changed from 563,774,688 DKK to 818,727,124 DKK
  • Søren Erik Westermann is no longer registered as owner
  • Anders Steen Westermann is no longer registered as owner
  • Jacob Steen Westermann is no longer registered as owner
  • Jan Tøpholm is no longer registered as owner
  • Christian Emil Westermann is no longer registered as owner
  • Julian Tøpholm is no longer registered as owner
  • Richard Tøpholm is no longer registered as owner
  • Annual report for 2025 published
  • Adam Westermann registered as owner (5%)
  • Søren Erik Westermann registered as owner (0%)
  • Mads Rosendahl Westermann registered as owner (5%)
  • Maja Rosendahl Westermann registered as owner (5%)
  • Søren Erik Westermann is no longer registered as owner
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Activities of non-financial head offices (701010)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
202213 changescapital 1 · ownership 9 · merger 1 · address 1 · accounts 1
  • Share capital changed from 500,000,000 DKK to 563,774,688 DKK
  • Anders Steen Westermann registered as owner (0%)
  • Jacob Steen Westermann registered as owner (10%)
  • Jan Tøpholm registered as owner (5%)
  • Christian Emil Westermann registered as owner (10%)
  • Julian Tøpholm registered as owner (20%)
  • Richard Tøpholm registered as owner (20%)
  • Søren Erik Westermann registered as owner (10%)
  • WESTERMANN A/S is no longer registered as owner
  • TØPHOLM HOLDING A/S is no longer registered as owner
  • Merger registered in CVR
  • Moved to Nymøllevej 6, 3540 Lynge
  • Annual report for 2021 published
20212 changesindustry 1 · accounts 1
  • Industry changed to Activities of non-financial head offices (701010)
  • Annual report for 2020 published
20182 changesname 1 · management 1
  • Name changed from WIDEX HOLDING A/S to T&W Medical A/S
  • Adam Westermann appointed board member
20154 changesmanagement 4
  • Richard Tøpholm appointed board member
  • Lars Nørgaard appointed director
  • Julian Tøpholm appointed board member
  • Anders Steen Westermann stepped down as director
20131 changecapital 1
  • Share capital changed from 150,000,000 DKK to 500,000,000 DKK
20101 changeaddress 1
  • Moved to Nymøllevej 6, 3540 Lynge
20081 changeindustry 1
  • Industry changed to Ikke-finansielle holdingselskaber (642020)
20071 changeaddress 1
  • Moved to Ny Vestergårdsvej 25, 3500 Værløse
200510 changescapital 1 · management 6 · ownership 2 · founded 1
  • Share capital changed from 500,000 DKK to 150,000,000 DKK
  • Jan Tøpholm appointed chair of the board
  • Anders Steen Westermann appointed director
  • Jan Tøpholm stepped down as director
  • WESTERMANN A/S registered as owner (50%)
  • TØPHOLM HOLDING A/S registered as owner (50%)
  • Registered as WIDEX HOLDING A/S
  • Jan Tøpholm appointed director
  • Søren Erik Westermann appointed board member
  • Anders Steen Westermann appointed board member

Related companies

Same industry in Allerød

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

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