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Varo Specialmaskiner A/S

Public limited companyCVR 20043830HornsletActive

Varo Specialmaskiner A/S is a public limited company, based in Hornslet, active in manufacture of other electrical equipment, founded in 1997. After a loss in 2024, the company made a profit of DKK 13.5m in 2025. Measured by gross profit, it ranks no. 4 of 86 companies in the industry in the database. Operations are spread over 3 production units.

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Key figures · financial year 2025

Gross profitDKK 85.7m+80.3% vs. 2024
Net profitDKK 13.5m+960.1% vs. 2024
EquityDKK 44.3m+45.6% vs. 2024
Employees104latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 80% (2024 → 2025), to DKK 85.7m.
  • Net profit went from a loss of DKK 1.6m to a profit of DKK 13.5m (2024 → 2025).
  • Equity rose 46% (2024 → 2025), to DKK 44.3m.

Employees

  • 2 fewer employees than a year earlier: 104 (08/2026) against 106 (08/2025).

Management and owners, last 24 months

  • New in management: Julia Geier Nielsen (board member, 04/03/2025) and Bo Vestergaard (board member, 03/03/2026).
  • Stepped down: Bent Just Petersen (board member, 03/03/2026) and Helge Løkke Leth (board member, 04/03/2025).
  • New owners registered: Arne Lundfold Bjerring (01/04/2025).
  • No longer registered as owner: Arne Lundfold Bjerring (31/03/2025).

Registrations, last 24 months

  • 21/11/2024: Moved to Sortevej 12, 8543 Hornslet

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 10mDKK 0DKK 10mDKK 20mDKK 30mDKK 40m202020212022202320242025
EquityNet profit
Financial figures for Varo Specialmaskiner A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit52,03943,62446,69148,13947,52885,698+80.3%
Operating profit (EBIT)2,7812941,015−636−1,60618,059+1,224.8%
Profit before tax1,0195441,145−1,257−2,25517,470+874.6%
Net profit9175821,045−908−1,57413,534+960.1%
Total assets62,62363,93958,80078,25893,200111,770+19.9%
Equity27,63928,22129,26628,35830,44544,339+45.6%
Liabilities29,09930,88724,33044,61857,86158,601+1.3%
Cash and cash equivalents1,3235,6653912775,2657,076+34.4%
Average number of employees827272748196+18.5%

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. 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 20mDKK 40mDKK 60mDKK 80m202020212022202320242025
Gross profitMedian, the industry (86 companies)

Annual reports

6 financial years
Annual reports for Varo Specialmaskiner A/S
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202505/03/2026The groupPDF not statedXBRL
202401/10/2023 – 30/09/202427/03/2025The groupPDFXBRL
202301/10/2022 – 30/09/202302/02/2024The groupPDFXBRL
202201/10/2021 – 30/09/202221/12/2022The groupPDFXBRL
202101/10/2020 – 30/09/202121/12/2021The groupPDFXBRL
202001/10/2019 – 30/09/202016/12/2020The 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
02040608010009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

86 companies in the database

Comparison with the other companies in manufacture of other electrical equipment based on the latest financial year.

Gross profitDKK 85.7mNo. 4 of 86
Better than 96% of the companies in the industry
EquityDKK 44.3mNo. 13 of 86
Better than 86% of the companies in the industry
Number of employees104No. 5 of 86
Better than 95% of the companies in the industry

Industry median: gross profit DKK 5.3m, net profit DKK 697k, equity DKK 4.1m, 6 employees.

DKK 116kDKK 964kDKK 8mDKK 66.6mDKK 273.5mHere
Distribution of gross profit for 74 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. 868of 4,412
Better than 80%
No. 1,342of 4,466
Better than 70%
Same industry and 50–199 employees14 companies in the comparison
No. 3of 14
Better than 85%
No. 9of 14
Better than 38%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 838of 24,791
Better than 97%
No. 2,542of 24,909
Better than 90%
All companies of type A/S18,025 companies in the comparison
No. 1,813of 17,786
Better than 90%
No. 3,862of 18,024
Better than 79%

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 electrical equipment
Gross profit
  1. Varo Specialmaskiner A/SDKK 85.7m
  2. Danfoss Power Electronics A/SDKK 554m
  3. Migatronic A/SDKK 312.9m
Net profit
  1. Varo Specialmaskiner A/SDKK 13.5m
  2. Danfoss Power Electronics A/SDKK 179.2m
  3. Migatronic A/S−DKK 26.5m
Equity
  1. Varo Specialmaskiner A/SDKK 44.3m
  2. Danfoss Power Electronics A/SDKK 607.4m
  3. Migatronic A/SDKK 69.9m
Employees
  1. Varo Specialmaskiner A/S104
  2. Danfoss Power Electronics A/S987
  3. Migatronic A/S165

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
  • Nileda Holding ApS66.67%
  • Flemming Kristensen10%
  • Arne Lundfold Bjerring10%
Varo Specialmaskiner 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 Varo Specialmaskiner A/S
NameRoleAppointed
Niels JensenCEO01/10/1997
Arne Lundfold BjerringDirector26/08/2020

Board of directors

Board of directors at Varo Specialmaskiner A/S
NameRoleAppointed
Henrik Rudy OlsenBoard member16/12/2020
Kim HansenChair of the board13/12/2021
Anne WillemoesBoard member29/01/2024
Julia Geier NielsenBoard member04/03/2025
Bo VestergaardBoard member03/03/2026
Founders
Victor Christoffersen ApS
Former management (26)
Former management at Varo Specialmaskiner A/S
NameRoleAppointedResigned
Victor ChristoffersenBoard member01/04/199701/10/1997
Victor ChristoffersenDirector01/04/199701/10/1997
Sebastian Benjamin Bahn ChristoffersenBoard member01/04/199701/10/1997
Helen Mimi JannicheBoard member01/04/199701/10/1997
Johannes Madsen-MygdalChair of the board01/10/199711/03/2002
Erik Hejlskov RasmussenBoard member01/10/199702/12/1998
Niels JensenBoard member01/10/199727/05/1998
Steen RasmussenBoard member27/05/199803/06/2006
Karsten BrammerBoard member02/12/199820/12/2007
Svend Erik Sørensen PrangBoard member11/12/200220/12/2007
Poul Erik Hyldig BollBoard member03/06/200605/12/2007
Peter NielsenChair of the board03/06/200613/12/2021
Poul Erik Hyldig BollDirector04/06/200605/12/2007
Michael Strand GrueDirector12/12/200710/01/2008
Jesper SchmidtBoard member20/12/200709/04/2008
Jørgen Søgaard IversenBoard member20/12/200716/12/2020
Flemming KristensenDirector10/01/200826/08/2020
Michael Strand GrueBoard member10/01/200814/03/2008
Lars RathjeBoard member14/03/200817/12/2014
Helge Løkke LethBoard member09/04/200815/12/2016
Henning JakobsenBoard member16/12/201016/12/2015
Flemming KristensenBoard member18/12/201419/12/2017
Steen Lindebjerg TønnesBoard member16/12/201529/01/2024
Svend Erik Sørensen PrangBoard member15/12/201614/06/2023
Bent Just PetersenBoard member19/12/201703/03/2026
Helge Løkke LethBoard member01/07/202304/03/2025

Signing rule: Selskabet tegnes af 2 direktører i forening eller af bestyrelsens formand i forening med enten en direktør, eller et bestyrelsesmedlem, eller af et bestyrelsesmedlem i forening med en direktør eller af den samlede bestyrelse.

Address and production units

3 active production units

Sortevej 12
8543 Hornslet

Syddjurs Municipality · Postcode 8543

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
VARO SPECIALMASKINER A/SSortevej 12, 8543 Hornslet1041003430234
VARO - Sortevej 8Sortevej 8, 8543 Hornslet–1026366808
VARO SPECIALMASKINER A/SSletten 8, 8543 Hornslet–1031230671

Purpose

Selskabets formål er udvikling og fremstilling af maskiner samt specialmaskiner og enhver virksomhed i tilknytning hertil, herunder underleverandøropgaver indenfor jern- og maskinindustrien.

The purpose is quoted from the register in Danish.

Changes year by year

89 registered events
20263 changesaccounts 1 · management 2
  • Annual report for 2025 published
  • Bo Vestergaard appointed board member
  • Bent Just Petersen stepped down as board member
20255 changesownership 2 · accounts 1 · management 2
  • Arne Lundfold Bjerring registered as owner (10%)
  • Arne Lundfold Bjerring is no longer registered as owner
  • Annual report for 2024 published
  • Julia Geier Nielsen appointed board member
  • Helge Løkke Leth stepped down as board member
20244 changesaddress 1 · accounts 1 · management 2
  • Moved to Sortevej 12, 8543 Hornslet
  • Annual report for 2023 published
  • Anne Willemoes appointed board member
  • Steen Lindebjerg Tønnes stepped down as board member
20232 changesmanagement 2
  • Helge Løkke Leth appointed board member
  • Svend Erik Sørensen Prang stepped down as board member
20223 changesaccounts 1 · ownership 1 · industry 1
  • Annual report for 2022 published
  • Arne Uttrup Christensen is no longer registered as owner
  • Industry changed to Manufacture of other electrical equipment (279000)
20213 changesaccounts 1 · management 2
  • Annual report for 2021 published
  • Kim Hansen appointed chair of the board
  • Peter Nielsen stepped down as chair of the board
20207 changesmanagement 4 · accounts 1 · ownership 2
  • Henrik Rudy Olsen appointed board member
  • Jørgen Søgaard Iversen stepped down as board member
  • Annual report for 2020 published
  • Arne Lundfold Bjerring appointed director
  • Flemming Kristensen stepped down as director
  • Flemming Kristensen registered as owner (10%)
  • Arne Lundfold Bjerring registered as owner (5%)
20192 changesownership 2
  • Arne Lundfold Bjerring is no longer registered as owner
  • Flemming Kristensen is no longer registered as owner
20173 changesmanagement 2 · merger 1
  • Bent Just Petersen appointed board member
  • Flemming Kristensen stepped down as board member
  • Merger registered in CVR
20162 changesmanagement 2
  • Svend Erik Sørensen Prang appointed board member
  • Helge Løkke Leth stepped down as board member
20153 changesaddress 1 · management 2
  • Moved to Sletten 8, 8543 Hornslet
  • Steen Lindebjerg Tønnes appointed board member
  • Henning Jakobsen stepped down as board member
20142 changesmanagement 2
  • Flemming Kristensen appointed board member
  • Lars Rathje stepped down as board member
20123 changesownership 3
  • Arne Uttrup Christensen registered as owner (0%)
  • Arne Lundfold Bjerring registered as owner (0%)
  • Michael Strand Grue registered as owner (0%)
20101 changemanagement 1
  • Henning Jakobsen appointed board member
20088 changesmanagement 7 · industry 1
  • Helge Løkke Leth appointed board member
  • Jesper Schmidt stepped down as board member
  • Lars Rathje appointed board member
  • Michael Strand Grue stepped down as board member
  • Flemming Kristensen appointed director
  • Michael Strand Grue appointed board member
  • Michael Strand Grue stepped down as director
  • Industry changed to Manufacture of other special-purpose machinery n.e.c. (289900)
20078 changesmanagement 7 · address 1
  • Jesper Schmidt appointed board member
  • Jørgen Søgaard Iversen appointed board member
  • Svend Erik Sørensen Prang stepped down as board member
  • Karsten Brammer stepped down as board member
  • Michael Strand Grue appointed director
  • Poul Erik Hyldig Boll stepped down as director
  • Poul Erik Hyldig Boll stepped down as board member
  • Moved to Tingvej 34, 8543 Hornslet
20064 changesmanagement 4
  • Poul Erik Hyldig Boll appointed director
  • Peter Nielsen appointed chair of the board
  • Poul Erik Hyldig Boll appointed board member
  • Steen Rasmussen stepped down as board member
20041 changeownership 1
  • NILEDA HOLDING ApS registered as owner (66.67%)
20032 changescapital 2
  • Share capital changed from 2,225,000 DKK to 2,275,000 DKK
  • Share capital changed from 4,000,000 DKK to 2,225,000 DKK
20022 changesmanagement 2
  • Svend Erik Sørensen Prang appointed board member
  • Johannes Madsen-Mygdal stepped down as chair of the board
19985 changesmanagement 4 · name 1
  • Karsten Brammer appointed board member
  • Erik Hejlskov Rasmussen stepped down as board member
  • Steen Rasmussen appointed board member
  • Niels Jensen stepped down as board member
  • Name changed from VARO SPECIALMASKINER AF 1.10.1997 A/S to VARO SPECIALMASKINER A/S
199716 changesname 1 · capital 1 · management 12 · ownership 1 · founded 1
  • Name changed from VICH 5035 A/S to VARO SPECIALMASKINER AF 1.10.1997 A/S
  • Share capital changed from 500,000 DKK to 4,000,000 DKK
  • Johannes Madsen-Mygdal appointed chair of the board
  • Niels Jensen appointed ceo
  • Niels Jensen appointed board member
  • Erik Hejlskov Rasmussen appointed board member
  • Victor Christoffersen stepped down as director
  • Helen Mimi Janniche stepped down as board member
  • Sebastian Benjamin Bahn Christoffersen stepped down as board member
  • Victor Christoffersen stepped down as board member
  • Flemming Kristensen registered as owner (20%)
  • Registered as VICH 5035 A/S
  • Victor Christoffersen appointed director
  • Helen Mimi Janniche appointed board member
  • Sebastian Benjamin Bahn Christoffersen appointed board member
  • Victor Christoffersen 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