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Terma Aerostructures A/S

Public limited companyCVR 35236252GrenaaActive

Terma Aerostructures A/S is a public limited company, based in Grenaa, active in manufacture of civil air and spacecraft and related machinery, founded in 2013. Net profit fell 39% from 2025 to 2026, ending at DKK 27m. Measured by gross profit, it ranks no. 2 of 16 companies in the industry in the database. With 512 employees, the company is about 38 times larger than the industry median.

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Key figures · financial year 2026

RevenueDKK 662.9m−13.6% vs. 2025
Net profitDKK 27m−39.3% vs. 2025
EquityDKK 303.3m−24.3% vs. 2025
Employees512latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2026 against 2025

  • Gross profit fell 26% (2025 → 2026), to DKK 110.8m.
  • Revenue fell 14% (2025 → 2026), to DKK 662.9m.
  • Net profit fell 39% (2025 → 2026), to DKK 27m.
  • Equity fell 24% (2025 → 2026), to DKK 303.3m.

Employees

  • 21 more employees than a year earlier: 512 (07/2026) against 491 (07/2025).

Management and owners, last 24 months

  • New in management: Mette Roenborg Lawaetz (board member, 12/12/2025).
  • Stepped down: Steen Michael Lynenskjold (board member, 12/12/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of civil air and spacecraft and related machinery (303100)

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 2021–2026 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 100mDKK 200mDKK 300mDKK 400mDKK 500m202120222023202420252026
EquityNet profit
Financial figures for Terma Aerostructures A/S
202120222023202420252026Change
Revenue748,211837,917818,452810,184767,512662,895−13.6%
Gross profit122,034157,595169,966174,119150,197110,780−26.2%
Operating profit (EBIT)64,19292,99295,57493,57964,94741,489−36.1%
Profit before tax53,96382,09791,61896,02559,34725,340−57.3%
Net profit42,60164,03871,43674,86144,48427,024−39.3%
Total assets687,378660,683808,568847,720699,740690,117−1.4%
Equity314,486361,362439,231511,601400,456303,307−24.3%
Liabilities345,070274,904346,089312,150279,942364,003+30%
Cash and cash equivalents20,9576,111273,1446,64124,689+271.8%
Average number of employees520546532520494476−3.6%

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 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140mDKK 160mDKK 180m202120222023202420252026
Gross profitMedian, the industry (16 companies)

Signals from the financial statements

calculated from the 2026 figures

  • Profit for five years in a row

    Net result has been positive in 2022–2026.

    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 Terma Aerostructures A/S
Financial yearPeriodPublishedFigures forDocuments
202601/03/2025 – 28/02/202611/06/2026The companyPDF not statedXBRL
202501/03/2024 – 28/02/202530/05/2025The companyPDF not statedXBRL
202401/03/2023 – 29/02/202417/06/2024The companyPDF not statedXBRL
202301/03/2022 – 28/02/202306/06/2023The companyPDFXBRL
202201/03/2021 – 28/02/202207/06/2022The companyPDFXBRL
202101/03/2020 – 28/02/202113/06/2021The 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
010020030040050008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

16 companies in the database

Comparison with the other companies in manufacture of civil air and spacecraft and related machinery based on the latest financial year.

Gross profitDKK 110.8mNo. 2 of 16
Better than 93% of the companies in the industry
EquityDKK 303.3mNo. 1 of 16
Better than 100% of the companies in the industry
Number of employees512No. 1 of 16
Better than 100% of the companies in the industry

Industry median: gross profit DKK 10.2m, net profit DKK 16,876, equity DKK 13.1m, 14 employees.

DKK 655kDKK 3mDKK 14.1mDKK 65.1mDKK 180.9mHere
Distribution of gross profit for 15 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 500–999 employees207 companies in the comparison
No. 169of 189
Better than 11%
No. 95of 207
Better than 54%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 285of 33,588
Better than 99%
No. 283of 33,687
Better than 99%
All companies of type A/S18,025 companies in the comparison
No. 1,422of 17,786
Better than 92%
No. 1,046of 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 civil air and spacecraft and related machinery
Gross profit
  1. Terma Aerostructures A/SDKK 110.8m
  2. Sky-watch A/SDKK 301.6m
  3. Nordic Wing ApSDKK 97.5m
Net profit
  1. Terma Aerostructures A/SDKK 27m
  2. Sky-watch A/SDKK 149.4m
  3. Nordic Wing ApSDKK 49.7m
Equity
  1. Terma Aerostructures A/SDKK 303.3m
  2. Sky-watch A/SDKK 259.1m
  3. Nordic Wing ApSDKK 57.8m
Employees
  1. Terma Aerostructures A/S512
  2. Sky-watch A/S161
  3. Nordic Wing ApS41

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
Terma Aerostructures A/S

Management

4 active registrations

Executive management

Executive management at Terma Aerostructures A/S
NameRoleAppointed
Per ThiesenDirector19/05/2017

Board of directors

Board of directors at Terma Aerostructures A/S
NameRoleAppointed
Per ThiesenBoard member19/05/2017
Henriette Hallberg ThygesenChair of the board19/08/2024
Mette Roenborg LawaetzBoard member12/12/2025
Founders
Terma A/S
Former management (6)
Former management at Terma Aerostructures A/S
NameRoleAppointedResigned
Morten HalskovBoard member30/04/201319/05/2017
Jens MaaløeChair of the board30/04/201331/05/2019
Birthe Høegh RaskBoard member30/04/201319/05/2017
Ole René GraversenCEO30/04/201319/05/2017
Steen Michael LynenskjoldBoard member19/05/201712/12/2025
Jes Carøe Munk HansenChair of the board01/06/201919/08/2024

Signing rule: Medlemmer af bestyrelsen og af direktionen repræsenterer selskabet udadtil. Til at forpligte selskabet ved retshandler kræves underskrift af formanden eller næstformanden for bestyrelsen i forbindelse med et bestyrelsesmedlem eller med en direktør, eller af tre bestyrelsesmedlemmer, eller af to direktører i forening.

Address and production units

1 active production units

Fabrikvej 1
8500 Grenaa

Norddjurs Municipality · Postcode 8500

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
TERMA AEROSTRUCTURES A/SFabrikvej 1, 8500 Grenaa5171018466364

Purpose

Selskabets formål er at drive virksomhed i indland og udland med udvikling, design, fremstilling og salg af strukturer, strukturdele og parter til fly og helikoptere, samt hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

27 registered events
20261 changeaccounts 1
  • Annual report for 2026 published
20254 changesmanagement 2 · accounts 1 · industry 1
  • Mette Roenborg Lawaetz appointed board member
  • Steen Michael Lynenskjold stepped down as board member
  • Annual report for 2025 published
  • Industry changed to Manufacture of civil air and spacecraft and related machinery (303100)
20243 changesmanagement 2 · accounts 1
  • Henriette Hallberg Thygesen appointed chair of the board
  • Jes Carøe Munk Hansen stepped down as chair of the board
  • Annual report for 2024 published
20231 changeaccounts 1
  • Annual report for 2023 published
20221 changeaccounts 1
  • Annual report for 2022 published
20211 changeaccounts 1
  • Annual report for 2021 published
20192 changesmanagement 2
  • Jes Carøe Munk Hansen appointed chair of the board
  • Jens Maaløe stepped down as chair of the board
20176 changesmanagement 6
  • Per Thiesen appointed board member
  • Steen Michael Lynenskjold appointed board member
  • Per Thiesen appointed director
  • Ole René Graversen stepped down as ceo
  • Birthe Høegh Rask stepped down as board member
  • Morten Halskov stepped down as board member
20141 changeownership 1
  • TERMA A/S registered as owner (100%)
20137 changesaddress 2 · founded 1 · management 4
  • Moved to Fabrikvej 1, 8500 Grenaa
  • Moved to Hovmarken 4, 8520 Lystrup
  • Registered as TERMA AEROSTRUCTURES A/S
  • Ole René Graversen appointed ceo
  • Jens Maaløe appointed chair of the board
  • Birthe Høegh Rask appointed board member
  • Morten Halskov appointed board member

Related companies

Same people in management

Largest in the industry

See all →

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