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Vetnordic A/S

Public limited companyCVR 43145975MiddelfartActive

Vetnordic A/S is a public limited company, based in Middelfart, active in non-specialised wholesale trade, founded in 2022. The company made a loss in both 2024 and 2025, most recently DKK 32.2m. With 23 employees, the company is about 6 times larger than the industry median. Equity fell to DKK 15.5m in 2025.

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Key figures · financial year 2025

Gross profit−DKK 7.7m+25.8% vs. 2024
Net profit−DKK 32.2m−36.4% vs. 2024
EquityDKK 15.5m−31.7% vs. 2024
Employees23latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • The loss grew: from DKK 23.6m to DKK 32.2m (2024 → 2025).
  • Equity fell 32% (2024 → 2025), to DKK 15.5m.

Employees

  • 2 more employees than a year earlier: 23 (07/2026) against 21 (07/2025).

Management and owners, last 24 months

  • New in management: Anders Ertmann (board member, 01/04/2025), Hanne Friis Lund (board member, 01/04/2025) and Britt Toft Ingvertsen (ceo, 01/04/2025) (+3).
  • Stepped down: Peter Eriksen Jensen (chair of the board, 02/09/2026), Jesper Gedsø Smith (director, 01/04/2025) and Sune Terp-Nielsen (board member, 21/04/2026) (+2).
  • New owners registered: HTS Holding 2022 ApS (11/12/2024) and FDL Family Holding ApS (11/12/2024).
  • No longer registered as owner: HTS Holding 2022 ApS (10/12/2024) and FDL Family Holding ApS (10/12/2024).

Registrations, last 24 months

  • 18/12/2025: Share capital changed from 1,000,000 DKK to 1,100,000 DKK
  • 11/12/2024: Share capital changed from 25,100,000 DKK to 1,000,000 DKK

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 2022–2025 · amounts in DKK thousand

Equity and net profit

−DKK 40m−DKK 30m−DKK 20m−DKK 10mDKK 0DKK 10mDKK 20m2022202320242025
EquityNet profit
Financial figures for Vetnordic A/S
2022202320242025Change
Revenuenot statednot statednot statednot stated–
Gross profit−2,475−9,087−10,403−7,723+25.8%
Operating profit (EBIT)−4,400−19,894−29,004−31,672−9.2%
Profit before tax−4,486−23,058−30,143−33,113−9.9%
Net profit−4,206−18,186−23,598−32,196−36.4%
Total assets11,26332,27042,79138,458−10.1%
Equity7941,75122,67215,477−31.7%
Liabilities10,46926,51320,11921,281+5.8%
Cash and cash equivalents251,7145,0492,038−59.6%
Average number of employees371319+46.2%

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 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 12m−DKK 10m−DKK 8m−DKK 6m−DKK 4m−DKK 2mDKK 0DKK 2mDKK 4m2022202320242025
Gross profitMedian, the industry (348 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.

  • Equity fell sharply

    Equity fell 32% from 2024 to 2025 (DKK 22.7m to DKK 15.5m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive 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

4 financial years
Annual reports for Vetnordic A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202530/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202407/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202301/07/2024The companyPDFXBRL
202223/03/2022 – 31/12/202202/07/2023The 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
05101520253008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

348 companies in the database

Comparison with the other companies in non-specialised wholesale trade based on the latest financial year.

Gross profit−DKK 7.7mNo. 346 of 348
Better than 1% of the companies in the industry
EquityDKK 15.5mNo. 66 of 348
Better than 81% of the companies in the industry
Number of employees23No. 43 of 348
Better than 88% of the companies in the industry

Industry median: gross profit DKK 3.2m, net profit DKK 391k, equity DKK 2.6m, 4 employees.

DKK 100kDKK 1.3mDKK 15.7mDKK 197.6mDKK 1.1bn
Distribution of gross profit for 323 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 20–49 employees9,922 companies in the comparison
No. 9,832of 9,892
Better than 1%
No. 2,174of 9,922
Better than 78%
Same industry and 20–49 employees31 companies in the comparison
No. 31of 31
Better than 0%
No. 15of 31
Better than 53%
Companies that are founded within the last five years16,662 companies in the comparison
No. 16,567of 16,614
Better than 0%
No. 667of 16,661
Better than 96%
All companies of type A/S18,025 companies in the comparison
No. 17,674of 17,786
Better than 1%
No. 7,109of 18,024
Better than 61%

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

Non-specialised wholesale trade
Gross profit
  1. Vetnordic A/S−DKK 7.7m
  2. Solar A/SDKK 2.5bn
  3. Wrist Ship Supply A/SDKK 1.6bn
Net profit
  1. Vetnordic A/S−DKK 32.2m
  2. Solar A/SDKK 74m
  3. Wrist Ship Supply A/S−DKK 181.6m
Equity
  1. Vetnordic A/SDKK 15.5m
  2. Solar A/SDKK 2bn
  3. Wrist Ship Supply A/SDKK 634m
Employees
  1. Vetnordic A/S23
  2. Solar A/S856
  3. Wrist Ship Supply A/S253

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
Vetnordic A/S

Management

8 active registrations

Executive management

Executive management at Vetnordic A/S
NameRoleAppointed
Henrik Thorsen StauslandDirector07/09/2022
Britt Toft IngvertsenCEO01/04/2025

Board of directors

Board of directors at Vetnordic A/S
NameRoleAppointed
Mads Ivar KruuseBoard member23/03/2022
Steen Overholdt HansenBoard member01/02/2023
Anders ErtmannBoard member01/04/2025
Hanne Friis LundBoard member01/04/2025
Susanne Snogdal ThyregodChair of the board03/09/2026
Peter Eriksen JensenBoard member03/09/2026
Founders
Mik Holding 2016 ApS
Former management (8)
Former management at Vetnordic A/S
NameRoleAppointedResigned
Peter Eriksen JensenChair of the board23/03/202202/09/2026
John Munk PedersenBoard member23/03/202201/02/2023
Lars Rabe TønnesenDirector23/03/202201/09/2022
Jesper Gedsø SmithDirector01/09/202201/04/2025
Pernille MehlBoard member01/02/202327/06/2024
Sune Terp-NielsenBoard member01/02/202321/04/2026
Britt Toft IngvertsenBoard member01/02/202301/04/2025
Susanne Snogdal ThyregodBoard member01/04/202502/09/2026

Signing rule: Selskabet tegnes af en direktør i forening med bestyrelsesformanden eller af bestyrelsens medlemmer i forening.

Address and production units

2 active production units

Nyvang 15
5500 Middelfart

Middelfart Municipality · Postcode 5500

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
Vetnordic A/SNyvang 15, 5500 Middelfart181028108385
Vetnordic KursuscenterKorskildeeng 4, 2670 Greve–1030278581

Purpose

Selskabets formål er udvikling af løsninger indenfor den humane og veterinære branche.

The purpose is quoted from the register in Danish.

Changes year by year

57 registered events
20266 changesmanagement 5 · accounts 1
  • Susanne Snogdal Thyregod appointed chair of the board
  • Peter Eriksen Jensen appointed board member
  • Susanne Snogdal Thyregod stepped down as board member
  • Peter Eriksen Jensen stepped down as chair of the board
  • Annual report for 2025 published
  • Sune Terp-Nielsen stepped down as board member
20258 changescapital 1 · accounts 1 · management 6
  • Share capital changed from 1,000,000 DKK to 1,100,000 DKK
  • Annual report for 2024 published
  • Hanne Friis Lund appointed board member
  • Britt Toft Ingvertsen appointed ceo
  • Susanne Snogdal Thyregod appointed board member
  • Anders Ertmann appointed board member
  • Britt Toft Ingvertsen stepped down as board member
  • Jesper Gedsø Smith stepped down as director
202411 changescapital 2 · ownership 7 · accounts 1 · management 1
  • Share capital changed from 25,100,000 DKK to 1,000,000 DKK
  • HTS Holding 2022 ApS registered as owner (5%)
  • FDL Family Holding ApS registered as owner (15%)
  • FDL Family Holding ApS is no longer registered as owner
  • HTS Holding 2022 ApS is no longer registered as owner
  • Annual report for 2023 published
  • Pernille Mehl stepped down as board member
  • Share capital changed from 25,000,000 DKK to 25,100,000 DKK
  • Mik Holding 2016 ApS registered as owner (66.67%)
  • Terpnelli ApS is no longer registered as owner
  • Mik Holding 2016 ApS is no longer registered as owner
202323 changesownership 11 · address 2 · accounts 1 · name 2 · capital 1 · industry 1 · management 5
  • FDL Family Holding ApS registered as owner (15%)
  • Mik Holding 2016 ApS registered as owner (50%)
  • Mik Holding 2016 ApS is no longer registered as owner
  • Moved to Nyvang 15, 5500 Middelfart
  • Annual report for 2022 published
  • Name changed from VetNordic A/S to Vetnordic A/S
  • Share capital changed from 5,000,000 DKK to 25,000,000 DKK
  • Terpnelli ApS registered as owner (10%)
  • Mik Holding 2016 ApS registered as owner (66.67%)
  • Terpnelli ApS is no longer registered as owner
  • Mik Holding 2016 ApS is no longer registered as owner
  • Moved to Brovejen 411, 5500 Middelfart
  • Industry changed to Non-specialised wholesale trade (469000)
  • Name changed from MIK Udvikling A/S to VetNordic A/S
  • Britt Toft Ingvertsen appointed board member
  • Steen Overholdt Hansen appointed board member
  • Pernille Mehl appointed board member
  • Sune Terp-Nielsen appointed board member
  • John Munk Pedersen stepped down as board member
  • HTS Holding 2022 ApS registered as owner (10%)
  • Terpnelli ApS registered as owner (25%)
  • Mik Holding 2016 ApS registered as owner (50%)
  • Mik Holding 2016 ApS is no longer registered as owner
20229 changesmanagement 7 · founded 1 · ownership 1
  • Henrik Thorsen Stausland appointed director
  • Jesper Gedsø Smith appointed director
  • Lars Rabe Tønnesen stepped down as director
  • Registered as MIK Udvikling A/S
  • Mads Ivar Kruuse appointed board member
  • John Munk Pedersen appointed board member
  • Lars Rabe Tønnesen appointed director
  • Peter Eriksen Jensen appointed chair of the board
  • Mik Holding 2016 ApS registered as owner (100%)

Related companies

Same industry in Middelfart

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

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