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Vesterby Paneler A/S

Public limited companyCVR 12371330TistrupActive

Vesterby Paneler A/S is a public limited company, based in Tistrup, active in manufacture of veneer sheets and wood-based panels, founded in 1988. Net profit rose 162% from 2019 to 2025, ending at DKK 6.5m. Profit has grown three years in a row. Equity grew to DKK 12.4m in 2025.

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Key figures · financial year 2025

Gross profitDKK 19.9m+78% vs. 2019
Net profitDKK 6.5m+161.8% vs. 2019
EquityDKK 12.4m+162.2% vs. 2019
Employees17latest month from CVR

What has changed

calculated from recorded figures and dates

Employees

  • 4 fewer employees than a year earlier: 17 (08/2026) against 21 (08/2025).

Management and owners, last 24 months

  • New in management: Ole Gejl Pallesen (board member, 23/03/2026), Søren Rishøj (chair of the board, 23/03/2026) and Søren Rishøj (board member, 10/02/2026).
  • Stepped down: Ole Gejl Pallesen (chair of the board, 22/03/2026) and Søren Rishøj (board member, 22/03/2026).

Registrations, last 24 months

  • 23/03/2026: Name changed from VESTERBY TRÆTEKNIK A/S to VESTERBY PANELER A/S

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 2018–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12m201820192025
EquityNet profit
Financial figures for Vesterby Paneler A/S
201820192025Change
Revenuenot statednot statednot stated–
Gross profit8,98311,18219,905+78%
Operating profit (EBIT)2,0473,1528,537+170.8%
Profit before tax2,1593,1948,352+161.5%
Net profit1,6832,4906,519+161.8%
Total assets7,0658,27219,363+134.1%
Equity4,0334,74012,429+162.2%
Liabilities3,0233,532––
Cash and cash equivalents502695,099+1,795%
Average number of employees–1718+5.9%

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 2018, 2019, 2025: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2020, 2021, 2022, 2023, 2024 (changed financial year or not filed).

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16mDKK 18mDKK 20m201820192025
Gross profitMedian, the industry (9 companies)

Annual reports

3 financial years
Annual reports for Vesterby Paneler A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202512/02/2026The companyPDF not statedXBRL
201901/01/2019 – 31/12/201921/02/2020The companyPDFXBRL
201801/01/2018 – 31/12/201813/02/2019The 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
0510152009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

9 companies in the database

Comparison with the other companies in manufacture of veneer sheets and wood-based panels based on the latest financial year.

Gross profitDKK 19.9mNo. 2 of 8
Better than 86% of the companies in the industry
EquityDKK 12.4mNo. 4 of 9
Better than 63% of the companies in the industry
Number of employees17No. 4 of 9
Better than 63% of the companies in the industry

Industry median: gross profit DKK 10.1m, net profit DKK 1.2m, equity DKK 10.5m, 14 employees.

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. 1,527of 69,742
Better than 98%
No. 7,868of 69,964
Better than 89%
Companies that are at least 30 years old10,276 companies in the comparison
No. 2,835of 10,152
Better than 72%
No. 4,318of 10,275
Better than 58%
All companies of type A/S18,025 companies in the comparison
No. 5,954of 17,786
Better than 67%
No. 7,899of 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 veneer sheets and wood-based panels
Gross profit
  1. Vesterby Paneler A/SDKK 19.9m
  2. Pfp A/SDKK 30.4m
  3. Htm Component ApSDKK 14.4m
Net profit
  1. Vesterby Paneler A/SDKK 6.5m
  2. Pfp A/SDKK 3.2m
  3. Htm Component ApSDKK 1.9m
Equity
  1. Vesterby Paneler A/SDKK 12.4m
  2. Pfp A/SDKK 30m
  3. Htm Component ApSDKK 10.5m
Employees
  1. Vesterby Paneler A/S17
  2. Pfp A/S75
  3. Htm Component ApS22

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
  • Ltv Holding ApS100%
Vesterby Paneler A/S

Management

5 active registrations

Executive management

Executive management at Vesterby Paneler A/S
NameRoleAppointed
Tage Vesterby HansenDirector15/03/2007

Board of directors

Board of directors at Vesterby Paneler A/S
NameRoleAppointed
Tage Vesterby HansenBoard member29/08/2001
Laila Vesterby HansenBoard member15/03/2007
Ole Gejl PallesenBoard member23/03/2026
Søren RishøjChair of the board23/03/2026
Founders
VX 10.312 ApS
Former management (17)
Former management at Vesterby Paneler A/S
NameRoleAppointedResigned
Morten Riise-KnudsenBoard member01/08/198830/08/1990
Susanne Saul StakemannDirector01/08/198815/12/1988
Hardy Emil Vesterby HansenBoard member01/08/198815/03/2007
Hardy Emil Vesterby HansenDirector01/08/198815/03/2007
Paw Juel OlsenDeputy board member01/08/198830/08/1990
Paw Juel OlsenDirector01/08/198830/08/1990
Knud Erik LarsenBoard member01/08/198830/08/1990
Per Emil Hasselbalch StakemannBoard member01/08/198815/12/1988
Erik SørensenDeputy board member01/08/198830/08/1990
Peter Vestergaard BuskBoard member01/08/198830/03/1998
Vagn Aage JensenBoard member30/03/199828/02/2001
Jens Erik GammelbyBoard member30/03/199829/08/2001
Kaj ThomsenBoard member30/03/199828/02/2001
Krista Vesterby HansenChair of the board28/02/200115/03/2007
Bent Ove LarsenChair of the board15/03/200718/01/2016
Ole Gejl PallesenChair of the board18/01/201622/03/2026
Søren RishøjBoard member10/02/202622/03/2026

Signing rule: Selskabet tegnes af en direktør alene eller af to bestyrelsesmedlemmer eller af den samlede bestyrelse

Address and production units

1 active production units

Thorsvej 12
6862 Tistrup

Varde Municipality · Postcode 6862

Production units
Production unitAddressEmployeesP number
VESTERBY PANELER A/SThorsvej 12-14, 6862 Tistrup171000376359

Purpose

Selskabets formål er produktion og handel med halvfabrikata indenfor træindustrien

The purpose is quoted from the register in Danish.

Changes year by year

58 registered events
20267 changesname 1 · management 5 · accounts 1
  • Name changed from VESTERBY TRÆTEKNIK A/S to VESTERBY PANELER A/S
  • Ole Gejl Pallesen appointed board member
  • Søren Rishøj appointed chair of the board
  • Søren Rishøj stepped down as board member
  • Ole Gejl Pallesen stepped down as chair of the board
  • Annual report for 2025 published
  • Søren Rishøj appointed board member
20241 changecapital 1
  • Share capital changed from 3,000,000 DKK to 6,000,000 DKK
20201 changeaccounts 1
  • Annual report for 2019 published
20191 changeaccounts 1
  • Annual report for 2018 published
20162 changesmanagement 2
  • Ole Gejl Pallesen appointed chair of the board
  • Bent Ove Larsen stepped down as chair of the board
20103 changescapital 2 · ownership 1
  • Share capital changed from 500,000 DKK to 3,000,000 DKK
  • LTV HOLDING ApS registered as owner (100%)
  • Share capital changed from 3,000,000 DKK to 500,000 DKK
20081 changeindustry 1
  • Industry changed to Manufacture of veneer sheets and wood-based panels (162100)
20078 changesaddress 2 · management 6
  • Moved to Thorsvej 12-14, 6862 Tistrup
  • Bent Ove Larsen appointed chair of the board
  • Laila Vesterby Hansen appointed board member
  • Tage Vesterby Hansen appointed director
  • Krista Vesterby Hansen stepped down as chair of the board
  • Hardy Emil Vesterby Hansen stepped down as director
  • Hardy Emil Vesterby Hansen stepped down as board member
  • Moved to Vardevej 27, 6862 Tistrup
20051 changeindustry 1
  • Industry changed to Manufacture of pesticides, disinfectants and other agrochemical products (202000)
20015 changesmanagement 5
  • Tage Vesterby Hansen appointed board member
  • Jens Erik Gammelby stepped down as board member
  • Krista Vesterby Hansen appointed chair of the board
  • Vagn Aage Jensen stepped down as board member
  • Kaj Thomsen stepped down as board member
19985 changescapital 1 · management 4
  • Share capital changed from 2,000,000 DKK to 3,000,000 DKK
  • Jens Erik Gammelby appointed board member
  • Vagn Aage Jensen appointed board member
  • Kaj Thomsen appointed board member
  • Peter Vestergaard Busk stepped down as board member
19971 changecapital 1
  • Share capital changed from 500,000 DKK to 2,000,000 DKK
19952 changesname 1 · capital 1
  • Name changed from ApS VESTERBY FINANS, ØLGOD to VESTERBY TRÆTEKNIK A/S
  • Share capital changed from 80,000 DKK to 500,000 DKK
19906 changesname 1 · management 5
  • Name changed from ApS AF 6/12 1988 ØLGOD to ApS VESTERBY FINANS, ØLGOD
  • Erik Sørensen stepped down as deputy board member
  • Knud Erik Larsen stepped down as board member
  • Paw Juel Olsen stepped down as director
  • Paw Juel Olsen stepped down as deputy board member
  • Morten Riise-Knudsen stepped down as board member
198814 changesname 1 · management 12 · founded 1
  • Name changed from ApS KBIL 9 NR. 1782 to ApS AF 6/12 1988 ØLGOD
  • Susanne Saul Stakemann stepped down as director
  • Per Emil Hasselbalch Stakemann stepped down as board member
  • Registered as ApS KBIL 9 NR. 1782
  • Susanne Saul Stakemann appointed director
  • Peter Vestergaard Busk appointed board member
  • Erik Sørensen appointed deputy board member
  • Per Emil Hasselbalch Stakemann appointed board member
  • Knud Erik Larsen appointed board member
  • Paw Juel Olsen appointed director
  • Paw Juel Olsen appointed deputy board member
  • Hardy Emil Vesterby Hansen appointed director
  • Hardy Emil Vesterby Hansen appointed board member
  • Morten Riise-Knudsen appointed board member

Related companies

Same people in management

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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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