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Thubalka A/S

Public limited companyCVR 16314986VejleActive

Thubalka A/S is a public limited company, based in Vejle, active in manufacture of other fabricated metal products n.e.c., founded in 1992. Net profit rose 63% from 2024 to 2025, ending at DKK 1.5m.

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Key figures · financial year 2025

Gross profitDKK 9.2m+12.9% vs. 2024
Net profitDKK 1.5m+62.9% vs. 2024
EquityDKK 12.4m+12% vs. 2024
Employees15latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 13% (2024 → 2025), to DKK 9.2m.
  • Net profit rose 63% (2024 → 2025), to DKK 1.5m.
  • Equity rose 12% (2024 → 2025), to DKK 12.4m.

Employees

  • 2 fewer employees than a year earlier: 15 (08/2026) against 17 (08/2025).

Management and owners, last 24 months

  • New in management: Hans Wedel Hasselbalch (board member, 29/06/2026).

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 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12m202020212022202320242025
EquityNet profit
Financial figures for Thubalka A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit5,3845,9246,5937,6988,1469,196+12.9%
Operating profit (EBIT)422−1936811,5931,1891,932+62.5%
Profit before tax414−1986471,6011,2161,979+62.8%
Net profit302−1555061,2319371,526+62.9%
Total assets11,80210,81711,45916,12113,54016,030+18.4%
Equity8,7768,4008,90710,13811,07512,401+12%
Liabilities2,5531,9862,0865,5292,0163,194+58.4%
Cash and cash equivalents2,5071,6494,8408,6456,9707,438+6.7%
Average number of employees10121211130−100%

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 2mDKK 4mDKK 6mDKK 8mDKK 10m202020212022202320242025
Gross profitMedian, the industry (220 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Fewer employees

    The number of employees fell 100% from 13 in 2024 to 0 in 2025.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.

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 Thubalka A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202528/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202420/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202313/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202222/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202116/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202024/06/2021The 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
02468101214161809/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

220 companies in the database

Comparison with the other companies in manufacture of other fabricated metal products n.e.c. based on the latest financial year.

Gross profitDKK 9.2mNo. 84 of 220
Better than 62% of the companies in the industry
EquityDKK 12.4mNo. 45 of 220
Better than 80% of the companies in the industry
Number of employees15No. 215 of 220
Better than 2% of the companies in the industry

Industry median: gross profit DKK 7.1m, net profit DKK 696k, equity DKK 4.5m, 10 employees.

DKK 318kDKK 1.9mDKK 11mDKK 64.9mDKK 211.7mHere
Distribution of gross profit for 216 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. 5,548of 69,742
Better than 92%
No. 7,876of 69,964
Better than 89%
Same industry and fewer than 20 employees141 companies in the comparison
No. 15of 141
Better than 90%
No. 10of 141
Better than 94%
Companies that are at least 30 years old10,276 companies in the comparison
No. 4,337of 10,152
Better than 57%
No. 4,323of 10,275
Better than 58%
All companies of type A/S18,025 companies in the comparison
No. 9,368of 17,786
Better than 47%
No. 7,911of 18,024
Better than 56%

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 other fabricated metal products n.e.c.
Gross profit
  1. Thubalka A/SDKK 9.2m
  2. Mekoprint A/SDKK 382.3m
  3. A/S Løgstrup SteelDKK 245.8m
Net profit
  1. Thubalka A/SDKK 1.5m
  2. Mekoprint A/S−DKK 7.4m
  3. A/S Løgstrup SteelDKK 102.3m
Equity
  1. Thubalka A/SDKK 12.4m
  2. Mekoprint A/SDKK 194.8m
  3. A/S Løgstrup SteelDKK 422m
Employees
  1. Thubalka A/S15
  2. Mekoprint A/S457
  3. A/S Løgstrup Steel272

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
  • Investeringsselskabet Vindingvej 2023 ApS50% · 66.67% votes
  • H.p.nielsen Holding ApS33.33% · 10% votes
Thubalka A/S

Management

5 active registrations

Executive management

Executive management at Thubalka A/S
NameRoleAppointed
Henriëtte Pihlmann NielsenDirector27/05/2016

Board of directors

Board of directors at Thubalka A/S
NameRoleAppointed
Henriëtte Pihlmann NielsenBoard member01/08/1992
Randi Kvist Gislinge LassenChair of the board26/04/2017
Simon Pihlmann HasselbalchBoard member20/01/2023
Hans Wedel HasselbalchBoard member29/06/2026
Founders
Medimex ApS, ApS Kbil 9 Nr. 1008, VX 20.181 ApS
Former management (8)
Former management at Thubalka A/S
NameRoleAppointedResigned
Hans Christian GalstBoard member01/08/199226/05/1993
Boas Johannes Pihlmann NielsenBoard member01/08/199226/05/2016
Boas Johannes Pihlmann NielsenDirector01/08/199227/05/2016
Ulf Svejgaard PoulsenChair of the board01/08/199226/05/1993
Per Emil Hasselbalch StakemannBoard member01/08/199226/05/1993
Per Emil Hasselbalch StakemannDirector01/08/199226/05/1993
Henrik August Pihlmann NielsenBoard member01/08/199220/01/2023
Boas Johannes Pihlmann NielsenChair of the board27/05/201625/04/2017

Signing rule: Selskabet tegnes af 2 medlemmer af bestyrelsen i forening, af et bestyrelsesmedlem og en direktør i forening eller af en direktør alene.

Address and production units

1 active production units

Bødkervej 9
7100 Vejle

Vejle Municipality · Postcode 7100

Production units
Production unitAddressEmployeesP number
THUBALKA A/SBødkervej 9, 7100 Vejle151001077722

Purpose

Selskabets formål er at drive produktions- og handels- virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

40 registered events
20262 changesmanagement 1 · accounts 1
  • Hans Wedel Hasselbalch appointed board member
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20238 changesownership 5 · accounts 1 · management 2
  • INVESTERINGSSELSKABET VINDINGVEJ 2023 ApS registered as owner (50%)
  • H.P.NIELSEN HOLDING ApS registered as owner (33.33%)
  • H.PIHL HOLDING 2013 ApS is no longer registered as owner
  • INVESTERINGSSELSKABET VINDINGVEJ 2023 ApS is no longer registered as owner
  • H.P.NIELSEN HOLDING ApS is no longer registered as owner
  • Annual report for 2022 published
  • Simon Pihlmann Hasselbalch appointed board member
  • Henrik August Pihlmann Nielsen stepped down as board member
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20172 changesmanagement 2
  • Randi Kvist Gislinge Lassen appointed chair of the board
  • Boas Johannes Pihlmann Nielsen stepped down as chair of the board
20164 changesmanagement 4
  • Boas Johannes Pihlmann Nielsen appointed chair of the board
  • Henriëtte Pihlmann Nielsen appointed director
  • Boas Johannes Pihlmann Nielsen stepped down as director
  • Boas Johannes Pihlmann Nielsen stepped down as board member
20133 changesownership 3
  • INVESTERINGSSELSKABET VINDINGVEJ 2023 ApS registered as owner (20%)
  • H.PIHL HOLDING 2013 ApS registered as owner (33.33%)
  • H.P.NIELSEN HOLDING ApS registered as owner (33.33%)
20081 changeindustry 1
  • Industry changed to Manufacture of other fabricated metal products n.e.c. (259900)
20071 changeaddress 1
  • Moved to Bødkervej 9, 7100 Vejle
20031 changecapital 1
  • Share capital changed from 500,000 DKK to 550,000 DKK
19935 changesname 1 · management 4
  • Name changed from A/S PSE 38 NR. 1554 to THUBALKA A/S
  • Per Emil Hasselbalch Stakemann stepped down as director
  • Hans Christian Galst stepped down as board member
  • Ulf Svejgaard Poulsen stepped down as chair of the board
  • Per Emil Hasselbalch Stakemann stepped down as board member
19929 changesfounded 1 · management 8
  • Registered as A/S PSE 38 NR. 1554
  • Per Emil Hasselbalch Stakemann appointed director
  • Hans Christian Galst appointed board member
  • Henriëtte Pihlmann Nielsen appointed board member
  • Henrik August Pihlmann Nielsen appointed board member
  • Boas Johannes Pihlmann Nielsen appointed board member
  • Boas Johannes Pihlmann Nielsen appointed director
  • Ulf Svejgaard Poulsen appointed chair of the board
  • Per Emil Hasselbalch Stakemann appointed board member

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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 24/10/2026.

View in CVRReport a correction