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Trackman A/S

Public limited companyCVR 27352677HørsholmActive

Trackman A/S is a public limited company, based in Hørsholm, active in manufacture of instruments and appliances for measuring, testing and navigation, founded in 2003. Net profit rose 19% from 2024 to 2025, ending at DKK 495m. Measured by gross profit, it ranks no. 3 of 140 companies in the industry in the database. Profit has grown three years in a row.

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Key figures · financial year 2025

RevenueDKK 2.2bn+21.2% vs. 2024
Net profitDKK 495m+18.7% vs. 2024
EquityDKK 1.3bn+12.1% vs. 2024
Employees545latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 24% (2024 → 2025), to DKK 1.4bn.
  • Revenue rose 21% (2024 → 2025), to DKK 2.2bn.
  • Net profit rose 19% (2024 → 2025), to DKK 495m.
  • Equity rose 12% (2024 → 2025), to DKK 1.3bn.

Employees

  • 107 more employees than a year earlier: 545 (07/2026) against 438 (07/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of instruments and appliances for measuring, testing and navigation (265100)

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 0DKK 200mDKK 400mDKK 600mDKK 800mDKK 1bnDKK 1.2bnDKK 1.4bn202020212022202320242025
EquityNet profit
Financial figures for Trackman A/S
202020212022202320242025Change
Revenue741,0251,151,4741,410,5831,482,7571,824,0002,211,000+21.2%
Gross profit499,551767,513848,861855,0201,096,0001,356,000+23.7%
Operating profit (EBIT)255,911465,650463,374408,931530,000666,000+25.7%
Profit before tax250,474475,375469,304401,280535,000633,000+18.3%
Net profit200,491374,169369,538311,912417,000495,000+18.7%
Total assets447,007553,795949,5851,290,6931,709,0001,880,000+10%
Equity290,118320,488564,380874,9121,178,0001,321,000+12.1%
Liabilities154,949230,106381,004397,543501,000542,000+8.2%
Cash and cash equivalents190,179156,863131,221124,532310,000350,000+12.9%
Average number of employees359419551632620742+19.7%

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 200mDKK 400mDKK 600mDKK 800mDKK 1bnDKK 1.2bnDKK 1.4bn202020212022202320242025
Gross profitMedian, the industry (140 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    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 Trackman A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202528/04/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202422/04/2025The groupPDFXBRL
202301/01/2023 – 31/12/202330/04/2024The groupPDFXBRL
202201/01/2022 – 31/12/202219/04/2023The groupPDFXBRL
202101/01/2021 – 31/12/202101/04/2022The groupPDFXBRL
202001/01/2020 – 31/12/202021/05/2021The 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
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

140 companies in the database

Comparison with the other companies in manufacture of instruments and appliances for measuring, testing and navigation based on the latest financial year.

Gross profitDKK 1.4bnNo. 3 of 140
Better than 99% of the companies in the industry
EquityDKK 1.3bnNo. 4 of 140
Better than 98% of the companies in the industry
Number of employees545No. 5 of 140
Better than 97% of the companies in the industry

Industry median: gross profit DKK 5.6m, net profit DKK 614k, equity DKK 4.2m, 7 employees.

DKK 100kDKK 1.3mDKK 15.9mDKK 200.3mDKK 1.1bnHere
Distribution of gross profit for 132 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. 15of 189
Better than 93%
No. 36of 207
Better than 83%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 39of 24,791
Better than 100%
No. 164of 24,909
Better than 99%
All companies of type A/S18,025 companies in the comparison
No. 98of 17,786
Better than 99%
No. 327of 18,024
Better than 98%

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 instruments and appliances for measuring, testing and navigation
Gross profit
  1. Trackman A/SDKK 1.4bn
  2. Radiometer Medical ApSDKK 2.5bn
  3. Kamstrup A/SDKK 1.5bn
Net profit
  1. Trackman A/SDKK 495m
  2. Radiometer Medical ApSDKK 851m
  3. Kamstrup A/SDKK 503.3m
Equity
  1. Trackman A/SDKK 1.3bn
  2. Radiometer Medical ApSDKK 4.3bn
  3. Kamstrup A/SDKK 1.6bn
Employees
  1. Trackman A/S545
  2. Radiometer Medical ApS1,292
  3. Kamstrup A/S1,226

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
  • FT Trackman Holding ApS15%
  • KEJ Family Holding ApS10%
  • Trackman A/S5%
  • MK Ventures ApS50%
Trackman 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 Trackman A/S
NameRoleAppointed
Klaus Eldrup-JørgensenCEO11/05/2011
Fredrik TuxenDirector11/05/2011
Nikolaj Kromann JørgensenDirector14/03/2022

Board of directors

Board of directors at Trackman A/S
NameRoleAppointed
Morten Eldrup-JørgensenChair of the board15/08/2003
Klaus Eldrup-JørgensenBoard member15/08/2003
Peter Alexander FossBoard member20/12/2013
Michael Thomas Karl HorvathBoard member13/08/2024
Founders
MK Ventures ApS
Former management (3)
Former management at Trackman A/S
NameRoleAppointedResigned
Carsten Ejgil Inopinatus HallasBoard member15/08/200311/05/2011
Fredrik TuxenBoard member15/08/200322/06/2004
Thomas Hagen WeisbjergBoard member11/05/201120/12/2013

Signing rule: Selskabet tegnes af bestyrelsens formand i forening med et andet bestyrelsesmedlem, af bestyrelsens formand i forening med en direktør, eller af den administrerende direktør i forening med en anden direktør.

Address and production units

1 active production units

Dr Neergaards Vej 15
2970 Hørsholm

Rudersdal Municipality · Postcode 2970

Production units
Production unitAddressEmployeesP number
TRACKMAN A/SDr Neergaards Vej 15, 2970 Hørsholm5511010108469

Purpose

Selskabets formål er at drive handels- og industrivirksomhed, herunder ved udvikling og handel med tracking-teknologi til brug inden for golfsporten. Selskabet kan endvidere udøve anden virksomhed i naturlig tilknytning til forannævnte formål, og selskabets aktiviteter kan udøves direkte eller gennem helt eller delvist ejede datterselskaber i Danmark og udlandet.

The purpose is quoted from the register in Danish.

Changes year by year

41 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Manufacture of instruments and appliances for measuring, testing and navigation (265100)
20243 changesmanagement 1 · address 1 · accounts 1
  • Michael Thomas Karl Horvath appointed board member
  • Moved to Dr Neergaards Vej 15, 2970 Hørsholm
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20222 changesaccounts 1 · management 1
  • Annual report for 2021 published
  • Nikolaj Kromann Jørgensen appointed director
20211 changeaccounts 1
  • Annual report for 2020 published
20201 changecapital 1
  • Share capital changed from 954,563 DKK to 870,383 DKK
20151 changecapital 1
  • Share capital changed from 953,563 DKK to 954,563 DKK
20141 changecapital 1
  • Share capital changed from 952,063 DKK to 953,563 DKK
20134 changesmanagement 2 · capital 1 · ownership 1
  • Peter Alexander Foss appointed board member
  • Thomas Hagen Weisbjerg stepped down as board member
  • Share capital changed from 950,563 DKK to 952,063 DKK
  • MK VENTURES ApS registered as owner (50%)
20123 changescapital 1 · ownership 1 · industry 1
  • Share capital changed from 939,563 DKK to 950,563 DKK
  • TRACKMAN A/S registered as owner (5%)
  • Industry changed to Manufacture of instruments and appliances for measuring, testing and navigation (265100)
20117 changesownership 2 · management 4 · capital 1
  • FT TRACKMAN HOLDING ApS registered as owner (15%)
  • KEJ Family Holding ApS registered as owner (10%)
  • Fredrik Tuxen appointed director
  • Thomas Hagen Weisbjerg appointed board member
  • Klaus Eldrup-Jørgensen appointed ceo
  • Carsten Ejgil Inopinatus Hallas stepped down as board member
  • Share capital changed from 865,387 DKK to 939,563 DKK
20101 changename 1
  • Name changed from INTERACTIVE SPORTS GAMES A/S to TRACKMAN A/S
20082 changesaddress 1 · industry 1
  • Moved to Stubbeled 2, Gl Holte, 2950 Vedbæk
  • Industry changed to Anden it-servicevirksomhed (620900)
20072 changescapital 1 · address 1
  • Share capital changed from 824,178 DKK to 865,387 DKK
  • Moved to Staktoften 2, Trørød, 2950 Vedbæk
20043 changesaddress 1 · capital 1 · management 1
  • Moved to Staktoften 2, Trørød, 2950 Vedbæk
  • Share capital changed from 500,000 DKK to 824,178 DKK
  • Fredrik Tuxen stepped down as board member
20036 changesindustry 1 · founded 1 · management 4
  • Industry changed to Anden virksomhed i forbindelse med it-servicevirksomhed (726000)
  • Registered as INTERACTIVE SPORTS GAMES A/S
  • Morten Eldrup-Jørgensen appointed chair of the board
  • Fredrik Tuxen appointed board member
  • Klaus Eldrup-Jørgensen appointed board member
  • Carsten Ejgil Inopinatus Hallas 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 23/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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