Teqcoat A/S

Public limited companyCVR 45132250VidebækActive

Teqcoat A/S is a public limited company, based in Videbæk, active in manufacture of paints, varnishes and similar coatings, printing ink and mastics, founded in 2024. Net profit fell 62% from 2024 to 2025, ending at DKK 1.6m. The company is new and has been registered for 2 years. Equity fell to DKK 6.6m in 2025.

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Key figures · financial year 2025

Gross profitDKK 5.6m−35.9% vs. 2024
Net profitDKK 1.6m−61.9% vs. 2024
EquityDKK 6.6m−27.7% vs. 2024
Employees13latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 36% (2024 → 2025), to DKK 5.6m.
  • Net profit fell 62% (2024 → 2025), to DKK 1.6m.
  • Equity fell 28% (2024 → 2025), to DKK 6.6m.

Employees

  • 5 more employees than a year earlier: 13 (07/2026) against 8 (07/2025).

Management and owners, last 24 months

  • New in management: Heidi Olsen (chair of the board, 27/03/2025), Jens Julius Lundtorp Olsen (board member, 15/08/2025) and Michael Ishøj Hjorth Kristiansen (ceo, 15/08/2025) (+3).
  • Stepped down: Jens Julius Lundtorp Olsen (chair of the board, 27/03/2025), Claus Bøgeskov Larsen (board member, 15/08/2025) and Heidi Olsen (board member, 26/03/2025) (+3).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of paints, varnishes and similar coatings, printing ink and mastics (203000)

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 2024–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10m20242025
EquityNet profit
Financial figures for Teqcoat A/S
20242025Change
Revenuenot statednot stated–
Gross profit8,6945,576−35.9%
Operating profit (EBIT)5,2472,108−59.8%
Profit before tax5,2642,010−61.8%
Net profit4,0971,561−61.9%
Total assets13,09413,404+2.4%
Equity9,1686,629−27.7%
Liabilities3,8756,725+73.5%
Cash and cash equivalents–824–
Average number of employees660%

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 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 2mDKK 4mDKK 6mDKK 8m20242025
Gross profitMedian, the industry (30 companies)

Annual reports

2 financial years
Annual reports for Teqcoat A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202515/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202415/04/2025The 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
024681012141612/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

30 companies in the database

Comparison with the other companies in manufacture of paints, varnishes and similar coatings, printing ink and mastics based on the latest financial year.

Gross profitDKK 5.6mNo. 14 of 30
Better than 55% of the companies in the industry
EquityDKK 6.6mNo. 12 of 30
Better than 62% of the companies in the industry
Number of employees13No. 14 of 30
Better than 55% of the companies in the industry

Industry median: gross profit DKK 2.9m, net profit DKK 563k, equity DKK 3.8m, 5 employees.

DKK 144kDKK 853kDKK 5mDKK 29.9mDKK 97.7mHere
Distribution of gross profit for 29 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. 11,730of 69,742
Better than 83%
No. 11,860of 69,964
Better than 83%
Same industry and fewer than 20 employees19 companies in the comparison
No. 4of 19
Better than 83%
No. 2of 19
Better than 94%
Companies that are founded within the last five years16,662 companies in the comparison
No. 1,999of 16,614
Better than 88%
No. 1,083of 16,661
Better than 94%
All companies of type A/S18,025 companies in the comparison
No. 11,504of 17,786
Better than 35%
No. 10,384of 18,024
Better than 42%

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 paints, varnishes and similar coatings, printing ink and mastics
Gross profit
  1. Teqcoat A/SDKK 5.6m
  2. Dana Lim A/SDKK 176.7m
  3. Beck & Jørgensen A/SDKK 98.2m
Net profit
  1. Teqcoat A/SDKK 1.6m
  2. Dana Lim A/SDKK 16m
  3. Beck & Jørgensen A/SDKK 15.8m
Equity
  1. Teqcoat A/SDKK 6.6m
  2. Dana Lim A/SDKK 175m
  3. Beck & Jørgensen A/SDKK 125.9m
Employees
  1. Teqcoat A/S13
  2. Dana Lim A/S220
  3. Beck & Jørgensen A/S133

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Teqcoat A/S

Management

4 active registrations

Executive management

Executive management at Teqcoat A/S
NameRoleAppointed
Michael Ishøj Hjorth KristiansenCEO15/08/2025

Board of directors

Board of directors at Teqcoat A/S
NameRoleAppointed
Heidi OlsenChair of the board27/03/2025
Jens Julius Lundtorp OlsenBoard member15/08/2025
Michael Ishøj Hjorth KristiansenBoard member15/08/2025
Former management (6)
Former management at Teqcoat A/S
NameRoleAppointedResigned
Jens Julius Lundtorp OlsenChair of the board08/10/202427/03/2025
Claus Bøgeskov LarsenBoard member08/10/202415/08/2025
Heidi OlsenBoard member08/10/202426/03/2025
Victor JensenCEO08/10/202427/03/2025
Jens Julius Lundtorp OlsenCEO27/03/202515/08/2025
Victor JensenBoard member27/03/202515/08/2025

Signing rule: Selskabet tegnes af direktionen eller af to medlemmer af bestyrelsen i forening.

Address and production units

1 active production units

Fabriksvej 12
6920 Videbæk

Ringkøbing-Skjern Municipality · Postcode 6920

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
Teqcoat A/SFabriksvej 12, 6920 Videbæk121030736083

Purpose

Selskabets formål er drive virksomhed indenfor coating, herunder med produktion og salg af epoxymaling samt anden dertil hørende virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

21 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
202514 changesmanagement 12 · accounts 1 · industry 1
  • Jens Julius Lundtorp Olsen appointed board member
  • Michael Ishøj Hjorth Kristiansen appointed board member
  • Michael Ishøj Hjorth Kristiansen appointed ceo
  • Victor Jensen stepped down as board member
  • Jens Julius Lundtorp Olsen stepped down as ceo
  • Claus Bøgeskov Larsen stepped down as board member
  • Annual report for 2024 published
  • Victor Jensen appointed board member
  • Jens Julius Lundtorp Olsen appointed ceo
  • Heidi Olsen appointed chair of the board
  • Victor Jensen stepped down as ceo
  • Jens Julius Lundtorp Olsen stepped down as chair of the board
  • Heidi Olsen stepped down as board member
  • Industry changed to Manufacture of paints, varnishes and similar coatings, printing ink and mastics (203000)
20246 changesfounded 1 · management 4 · ownership 1
  • Registered as Teqcoat A/S
  • Claus Bøgeskov Larsen appointed board member
  • Victor Jensen appointed ceo
  • Heidi Olsen appointed board member
  • Jens Julius Lundtorp Olsen appointed chair of the board
  • TEQTON Group ApS registered as owner (100%)

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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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