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Thrane & Thrane A/S

Public limited companyCVR 65724618Kongens LyngbyActive

Thrane & Thrane A/S is a public limited company, based in Kongens Lyngby, active in wholesale of information and communication equipment, founded in 1981. The company made a loss in both 2024 and 2025, most recently DKK 63.1m. With 189 employees, the company is about 38 times larger than the industry median. Gross profit is higher than that of 84% of the companies in the industry in the database.

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Key figures · financial year 2025

RevenueDKK 95.8m−36.2% vs. 2024
Net profit−DKK 63.1m−24.3% vs. 2024
EquityDKK 55.3m−8.1% vs. 2024
Employees189latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 2% (2024 → 2025), to DKK 26.7m.
  • Revenue fell 36% (2024 → 2025), to DKK 95.8m.
  • The loss grew: from DKK 50.7m to DKK 63.1m (2024 → 2025).
  • Equity fell 8% (2024 → 2025), to DKK 55.3m.

Employees

  • 52 fewer employees than a year earlier: 189 (07/2026) against 241 (07/2025).

Management and owners, last 24 months

  • New in management: Michael Pontoppidan Frost (chair of the board, 04/08/2025), Mikkel Bønnelycke (director, 06/03/2026) and Mikkel Bønnelycke (board member, 06/03/2026) (+4).
  • Stepped down: Karsten Vollmer-Larsen (board member, 25/03/2026), Sven Evan Lewis (chair of the board, 04/08/2025) and Ib Fordsmand Pedersen (deputy board member, 31/01/2025) (+5).
  • New owners registered: South End T&T AB (04/08/2025).
  • No longer registered as owner: Cobham Limited (04/08/2025).

Registrations, last 24 months

  • 31/10/2025: Moved to Lundtoftevej 160, 2800 Kongens Lyngby
  • 11/03/2025: Moved to Lundtoftegårdsvej 93D, 2800 Kongens Lyngby
  • 01/01/2025: Industry changed to Wholesale of information and communication equipment (465000)

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 200mDKK 0DKK 200mDKK 400mDKK 600mDKK 800m202020212022202320242025
EquityNet profit
Financial figures for Thrane & Thrane A/S
202020212022202320242025Change
Revenue1,092,463233,426201,905222,874150,02795,772−36.2%
Gross profit321,07976,28420,54274,74526,14026,696+2.1%
Operating profit (EBIT)76,90219,097−30,40610,904−45,512−20,587+54.8%
Profit before tax537,22520,523−30,7121,208−53,087−62,140−17.1%
Net profit559,40423,407−19,577−301−50,730−63,065−24.3%
Total assets1,303,834211,973236,718217,540203,554150,157−26.2%
Equity838,342108,33284,19483,89360,16355,273−8.1%
Liabilities–103,641–133,647143,39194,884−33.8%
Cash and cash equivalents82,43511,22421,6793,1121,65057−96.5%
Average number of employees518552453427418392−6.2%

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; 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 50mDKK 100mDKK 150mDKK 200mDKK 250mDKK 300m202020212022202320242025
Gross profitMedian, the industry (543 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 Thrane & Thrane A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202502/07/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202430/06/2025The groupPDFXBRL
202301/01/2023 – 31/12/202329/04/2024The groupPDFXBRL
202201/01/2022 – 31/12/202229/06/2023The groupPDFXBRL
202101/01/2021 – 31/12/202112/07/2022The groupPDFXBRL
202001/01/2020 – 31/12/202006/04/2021The groupPDFXBRL

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
05010015020025030008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

543 companies in the database

Comparison with the other companies in wholesale of information and communication equipment based on the latest financial year.

Gross profitDKK 26.7mNo. 90 of 542
Better than 84% of the companies in the industry
EquityDKK 55.3mNo. 57 of 543
Better than 90% of the companies in the industry
Number of employees189No. 6 of 543
Better than 99% of the companies in the industry

Industry median: gross profit DKK 5.3m, net profit DKK 594k, equity DKK 3.9m, 5 employees.

DKK 100kDKK 1mDKK 10.9mDKK 114.3mDKK 546.2mHere
Distribution of gross profit for 522 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 50–199 employees4,467 companies in the comparison
No. 2,932of 4,412
Better than 34%
No. 1,122of 4,466
Better than 75%
Same industry and 50–199 employees46 companies in the comparison
No. 40of 45
Better than 11%
No. 25of 46
Better than 47%
Companies that are at least 30 years old10,276 companies in the comparison
No. 2,294of 10,152
Better than 77%
No. 1,871of 10,275
Better than 82%
All companies of type A/S18,025 companies in the comparison
No. 4,786of 17,786
Better than 73%
No. 3,356of 18,024
Better than 81%

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

Wholesale of information and communication equipment
Gross profit
  1. Thrane & Thrane A/SDKK 26.7m
  2. Atea A/SDKK 1.2bn
  3. Siemens AktieselskabDKK 448.5m
Net profit
  1. Thrane & Thrane A/S−DKK 63.1m
  2. Atea A/SDKK 2.2m
  3. Siemens AktieselskabDKK 93.5m
Equity
  1. Thrane & Thrane A/SDKK 55.3m
  2. Atea A/SDKK 694.3m
  3. Siemens AktieselskabDKK 279.7m
Employees
  1. Thrane & Thrane A/S189
  2. Atea A/S1,550
  3. Siemens Aktieselskab640

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
  • South End T&T AB100%
Thrane & Thrane A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

8 active registrations

Executive management

Executive management at Thrane & Thrane A/S
NameRoleAppointed
Christophe DuretCEO01/11/2022
Mikkel BønnelyckeDirector06/03/2026

Board of directors

Board of directors at Thrane & Thrane A/S
NameRoleAppointed
Mette ChristiansenBoard member08/07/2022
Christophe DuretBoard member01/11/2022
Michael Pontoppidan FrostChair of the board04/08/2025
Mikkel BønnelyckeBoard member06/03/2026
Michael BrammerBoard member30/06/2026
Hélène Aimee BiscereBoard member30/07/2026
Former management (82)
Former management at Thrane & Thrane A/S
NameRoleAppointedResigned
Gert JensenBoard member01/07/198104/02/1998
Lars ThraneBoard member01/07/198129/06/2012
Per ThraneBoard member01/07/198110/03/2001
Per ThraneDirector01/07/198104/02/1998
Ib WorningDeputy chair01/07/198115/09/1998
Erland Vilhelm ThraneChair of the board01/07/198127/09/2000
Jens Christian AndersenDeputy board member01/07/198116/06/1998
Michael CederströmBoard member01/07/198131/08/2002
Tonny AndreassenDeputy board member01/07/198116/06/1998
Ole Lynge JacobsenDeputy board member01/07/198120/06/1994
Kirsten KristensenBoard member01/07/198116/06/1998
Lars Peter MadsenBoard member01/07/198130/06/2006
Kim Esmark HarderBoard member01/07/198129/08/2000
Arne BierfreundBoard member29/08/200027/09/2000
Henrik Golman LundeDirector29/08/200014/03/2007
Svend Åge Lundgaard JensenDirector29/08/200001/04/2016
Helle ChristoffersenBoard member29/08/200031/08/2002
Waldemar SchmidtChair of the board27/09/200024/03/2012
Michael ZieglerDeputy board member01/09/200230/06/2006
Bror Jan MalmBoard member01/09/200230/06/2006
Mikael ØstergaardDeputy board member01/09/200230/06/2006
Kristjan Sonne NørgaardDeputy board member31/05/200624/06/2014
Susanne ChristensenDeputy board member31/05/200629/06/2012
Morten ChristensenBoard member01/07/200630/06/2010
Gert Hejne JensenBoard member01/07/200624/06/2014
Lars ThraneDirector01/09/200729/11/2012
Walther ThygesenCEO01/09/200724/06/2014
Christian Schreiner Mørup-PetersenBoard member01/07/201024/06/2014
Morten Eldrup-JørgensenChair of the board24/03/201229/06/2012
Jim Hagemann SnabeDeputy chair24/03/201229/06/2012
Niels Thomas HeeringChair of the board29/06/201226/03/2013
David James JohnstonBoard member29/06/201208/07/2013
Christopher Adrian JewellBoard member26/03/201324/06/2014
John Richard TysonChair of the board26/03/201328/03/2014
Walther ThygesenBoard member08/07/201324/06/2014
Peter RabyChair of the board08/04/201424/06/2014
Kristjan Sonne NørgaardBoard member24/06/201423/05/2018
Christian Schreiner Mørup-PetersenBoard member24/06/201423/05/2018
Paul Henri JonaCEO24/06/201419/02/2016
Christopher Adrian JewellDeputy chair24/06/201403/12/2015
Stephen Charles BeechingBoard member24/06/201401/02/2018
Peter RabyChair of the board24/06/201406/05/2015
Frederick John CahillChair of the board21/05/201503/12/2015
Michel Georges Marcel EmelianoffChair of the board03/12/201501/12/2017
Simon Peter Campbell MorganDeputy chair03/12/201501/02/2018
Frederick John CahillCEO19/02/201631/07/2016
Morten Schøtt KnudsenDirector01/04/201601/10/2018
Casper JensenCEO01/08/201611/06/2018
Paul Emmanuel KahnChair of the board01/12/201720/04/2020
Rachel Leigh CassBoard member01/12/201723/04/2019
Gavin James BaverstockDeputy chair09/03/201820/04/2020
Rikke Blume DamBoard member23/05/201820/04/2020
Rikke Blume DamBoard member23/05/201816/06/2020
Henrik Munksgaard BergBoard member23/05/201820/04/2020
Henrik Munksgaard BergBoard member23/05/201808/07/2022
Karsten Vollmer-LarsenDeputy board member23/05/201820/04/2020
Karsten Vollmer-LarsenDeputy board member23/05/201815/06/2020
Peter Rechnagel UdsenDeputy board member23/05/201820/04/2020
Janus Doré PaghCEO11/06/201816/06/2020
Klaus Juhl WulffDirector01/10/201801/02/2021
Sandra Ngo Minh HongBoard member23/04/201920/04/2020
Janus Doré PaghBoard member20/04/202016/06/2020
Klaus Juhl WulffBoard member20/04/202001/02/2021
Leif Olle OttossonChair of the board20/04/202031/01/2021
Thomas Evers ChristensenBoard member16/06/202001/03/2021
Karsten Vollmer-LarsenBoard member16/06/202025/03/2026
David Jonathan GrantChair of the board01/02/202101/03/2021
Leif Olle OttossonCEO01/02/202115/02/2022
Leif Olle OttossonBoard member01/02/202115/02/2022
Christian Gunnar RetbøllDirector01/03/202131/08/2022
Christian Gunnar RetbøllBoard member01/03/202131/08/2022
Sven Evan LewisChair of the board01/03/202104/08/2025
Manish Girdharilal GuptaCEO15/02/202205/10/2022
Manish Girdharilal GuptaBoard member15/02/202205/10/2022
Ib Fordsmand PedersenDeputy board member08/07/202231/01/2025
Pia From JeppesenBoard member08/07/202230/07/2026
Oluf RiddersholmDirector01/10/202204/10/2022
Oluf RiddersholmBoard member01/10/202204/12/2025
Oluf RiddersholmCEO05/10/202231/10/2022
Oluf RiddersholmDirector01/11/202204/12/2025
Michael KaalundDirector04/12/202506/03/2026
Michael KaalundBoard member04/12/202506/03/2026

Signing rule: Selskabet tegnes af formanden for bestyrelsen i forening med en direktør, eller af to medlemmer af direktionen i forening.

Address and production units

2 active production units

Lundtoftevej 160
2800 Kongens Lyngby

Lyngby-Taarbæk Municipality · Postcode 2800

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
THRANE & THRANE A/SLundtoftevej 160, 2800 Kongens Lyngby1301002215392
Thrane & Thrane A/SNiels Jernes Vej 12, 9220 Aalborg Øst521028030475

Purpose

Selskabets formål er at drive ingeniørvirksomhed samt handel og industri

The purpose is quoted from the register in Danish.

Changes year by year

164 registered events
20269 changesmanagement 8 · accounts 1
  • Hélène Aimee Biscere appointed board member
  • Pia From Jeppesen stepped down as board member
  • Annual report for 2025 published
  • Michael Brammer appointed board member
  • Karsten Vollmer-Larsen stepped down as board member
  • Mikkel Bønnelycke appointed director
  • Mikkel Bønnelycke appointed board member
  • Michael Kaalund stepped down as director
  • Michael Kaalund stepped down as board member
202513 changesmanagement 7 · address 2 · ownership 2 · accounts 1 · industry 1
  • Michael Kaalund appointed director
  • Michael Kaalund appointed board member
  • Oluf Riddersholm stepped down as director
  • Oluf Riddersholm stepped down as board member
  • Moved to Lundtoftevej 160, 2800 Kongens Lyngby
  • Michael Pontoppidan Frost appointed chair of the board
  • Sven Evan Lewis stepped down as chair of the board
  • South End T&T AB registered as owner (100%)
  • Cobham Limited is no longer registered as owner
  • Annual report for 2024 published
  • Moved to Lundtoftegårdsvej 93D, 2800 Kongens Lyngby
  • Ib Fordsmand Pedersen stepped down as deputy board member
  • Industry changed to Wholesale of information and communication equipment (465000)
20242 changescapital 1 · accounts 1
  • Share capital changed from 118,893,300 DKK to 118,893,320 DKK
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
202224 changesownership 2 · management 20 · accounts 1 · industry 1
  • Cobham Limited registered as owner (100%)
  • Lockman Electronic Holdings Limited is no longer registered as owner
  • Christophe Duret appointed board member
  • Christophe Duret appointed ceo
  • Oluf Riddersholm appointed director
  • Oluf Riddersholm stepped down as ceo
  • Oluf Riddersholm appointed ceo
  • Manish Girdharilal Gupta stepped down as board member
  • Manish Girdharilal Gupta stepped down as ceo
  • Oluf Riddersholm stepped down as director
  • Oluf Riddersholm appointed director
  • Oluf Riddersholm appointed board member
  • Christian Gunnar Retbøll stepped down as board member
  • Christian Gunnar Retbøll stepped down as director
  • Annual report for 2021 published
  • Pia From Jeppesen appointed board member
  • Mette Christiansen appointed board member
  • Ib Fordsmand Pedersen appointed deputy board member
  • Henrik Munksgaard Berg stepped down as board member
  • Industry changed to Engroshandel med telekommunikationsudstyr (465220)
  • Manish Girdharilal Gupta appointed board member
  • Manish Girdharilal Gupta appointed ceo
  • Leif Olle Ottosson stepped down as ceo
  • Leif Olle Ottosson stepped down as board member
202114 changesaddress 2 · accounts 1 · management 11
  • Moved to Lundtoftegårdsvej 93D, 2800 Kongens Lyngby
  • Moved to Lundtoftegårdsvej 93D, 2800 Kongens Lyngby
  • Annual report for 2020 published
  • Christian Gunnar Retbøll appointed board member
  • Sven Evan Lewis appointed chair of the board
  • Christian Gunnar Retbøll appointed director
  • David Jonathan Grant stepped down as chair of the board
  • Thomas Evers Christensen stepped down as board member
  • Leif Olle Ottosson appointed ceo
  • Leif Olle Ottosson appointed board member
  • David Jonathan Grant appointed chair of the board
  • Klaus Juhl Wulff stepped down as board member
  • Klaus Juhl Wulff stepped down as director
  • Leif Olle Ottosson stepped down as chair of the board
20209 changesmanagement 9
  • Karsten Vollmer-Larsen appointed board member
  • Thomas Evers Christensen appointed board member
  • Janus Doré Pagh stepped down as board member
  • Janus Doré Pagh stepped down as ceo
  • Rikke Blume Dam stepped down as board member
  • Karsten Vollmer-Larsen stepped down as deputy board member
  • Klaus Juhl Wulff appointed board member
  • Leif Olle Ottosson appointed chair of the board
  • Janus Doré Pagh appointed board member
20192 changescapital 1 · address 1
  • Share capital changed from 118,888,900 DKK to 118,893,300 DKK
  • Moved to Lundtoftegårdsvej 93D, 2800 Kongens Lyngby
20188 changescapital 1 · management 7
  • Share capital changed from 118,884,880 DKK to 118,888,900 DKK
  • Klaus Juhl Wulff appointed director
  • Morten Schøtt Knudsen stepped down as director
  • Janus Doré Pagh appointed ceo
  • Casper Jensen stepped down as ceo
  • Henrik Munksgaard Berg appointed board member
  • Karsten Vollmer-Larsen appointed deputy board member
  • Rikke Blume Dam appointed board member
20166 changesmanagement 6
  • Casper Jensen appointed ceo
  • Frederick John Cahill stepped down as ceo
  • Morten Schøtt Knudsen appointed director
  • Svend Åge Lundgaard Jensen stepped down as director
  • Frederick John Cahill appointed ceo
  • Paul Henri Jona stepped down as ceo
201410 changesmanagement 10
  • Paul Henri Jona appointed ceo
  • Peter Raby stepped down as chair of the board
  • Walther Thygesen stepped down as board member
  • Christopher Adrian Jewell stepped down as board member
  • Christian Schreiner Mørup-Petersen stepped down as board member
  • Walther Thygesen stepped down as ceo
  • Gert Hejne Jensen stepped down as board member
  • Kristjan Sonne Nørgaard stepped down as deputy board member
  • Peter Raby appointed chair of the board
  • John Richard Tyson stepped down as chair of the board
20135 changesmanagement 5
  • Walther Thygesen appointed board member
  • David James Johnston stepped down as board member
  • John Richard Tyson appointed chair of the board
  • Christopher Adrian Jewell appointed board member
  • Niels Thomas Heering stepped down as chair of the board
201213 changesmanagement 9 · capital 3 · ownership 1
  • Lars Thrane stepped down as director
  • Niels Thomas Heering appointed chair of the board
  • David James Johnston appointed board member
  • Morten Eldrup-Jørgensen stepped down as chair of the board
  • Jim Hagemann Snabe stepped down as deputy chair
  • Susanne Christensen stepped down as deputy board member
  • Share capital changed from 113,624,880 DKK to 118,884,880 DKK
  • Lockman Electronic Holdings Limited registered as owner (100%)
  • Morten Eldrup-Jørgensen appointed chair of the board
  • Jim Hagemann Snabe appointed deputy chair
  • Waldemar Schmidt stepped down as chair of the board
  • Share capital changed from 113,544,880 DKK to 113,624,880 DKK
  • Share capital changed from 113,352,880 DKK to 113,544,880 DKK
20111 changecapital 1
  • Share capital changed from 113,254,880 DKK to 113,352,880 DKK
20103 changesmanagement 2 · capital 1
  • Christian Schreiner Mørup-Petersen appointed board member
  • Morten Christensen stepped down as board member
  • Share capital changed from 112,694,880 DKK to 113,254,880 DKK
20091 changecapital 1
  • Share capital changed from 112,059,880 DKK to 112,694,880 DKK
20083 changesaddress 1 · capital 1 · industry 1
  • Moved to Lundtoftegårdsvej 93D, 2800 Kgs. Lyngby
  • Share capital changed from 111,060,240 DKK to 112,059,880 DKK
  • Industry changed to Manufacture of communication equipment (263000)
20076 changesmanagement 3 · capital 2 · industry 1
  • Walther Thygesen appointed ceo
  • Lars Thrane appointed director
  • Share capital changed from 110,130,520 DKK to 111,060,240 DKK
  • Share capital changed from 109,790,520 DKK to 110,130,520 DKK
  • Henrik Golman Lunde stepped down as director
  • Industry changed to Fremstilling af telefonapparater og -anlæg samt telefaxapparater (322020)
200612 changescapital 5 · management 7
  • Share capital changed from 108,247,600 DKK to 109,790,520 DKK
  • Share capital changed from 108,075,340 DKK to 108,247,600 DKK
  • Share capital changed from 98,635,340 DKK to 108,075,340 DKK
  • Share capital changed from 98,089,940 DKK to 98,635,340 DKK
  • Gert Hejne Jensen appointed board member
  • Morten Christensen appointed board member
  • Michael Ziegler stepped down as deputy board member
  • Mikael Østergaard stepped down as deputy board member
  • Bror Jan Malm stepped down as board member
  • Susanne Christensen appointed deputy board member
  • Kristjan Sonne Nørgaard appointed deputy board member
  • Share capital changed from 95,054,940 DKK to 98,089,940 DKK
20051 changecapital 1
  • Share capital changed from 94,711,580 DKK to 95,054,940 DKK
20043 changescapital 3
  • Share capital changed from 94,116,220 DKK to 94,711,580 DKK
  • Share capital changed from 92,388,180 DKK to 94,116,220 DKK
  • Share capital changed from 92,087,760 DKK to 92,388,180 DKK
20026 changescapital 2 · management 4
  • Share capital changed from 91,649,680 DKK to 92,087,760 DKK
  • Share capital changed from 91,569,680 DKK to 91,649,680 DKK
  • Michael Ziegler appointed deputy board member
  • Mikael Østergaard appointed deputy board member
  • Bror Jan Malm appointed board member
  • Helle Christoffersen stepped down as board member
20012 changesaddress 1 · capital 1
  • Moved to Lundtoftegårdsvej 93D, 2800 Kgs.Lyngby
  • Share capital changed from 81,569,680 DKK to 91,569,680 DKK
20006 changescapital 2 · management 4
  • Share capital changed from 80,931,480 DKK to 81,569,680 DKK
  • Waldemar Schmidt appointed chair of the board
  • Henrik Golman Lunde appointed director
  • Helle Christoffersen appointed board member
  • Svend Åge Lundgaard Jensen appointed director
  • Share capital changed from 80,595,600 DKK to 80,931,480 DKK
19991 changecapital 1
  • Share capital changed from 80,399,040 DKK to 80,595,600 DKK
19982 changescapital 2
  • Share capital changed from 80,000,000 DKK to 80,399,040 DKK
  • Share capital changed from 2,400,000 DKK to 80,000,000 DKK
19811 changefounded 1
  • Registered as THRANE & THRANE A/S

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Same people in management

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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 23/10/2026.

View in CVRReport a correction