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Viking Malt A/S

Public limited companyCVR 16993409VordingborgActive

Viking Malt A/S is a public limited company, based in Vordingborg, active in manufacture of malt, founded in 1993. Net profit rose 22% from 2024 to 2025, ending at DKK 38.7m. Profit has grown three years in a row.

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Key figures · financial year 2025

RevenueDKK 484m−6.2% vs. 2024
Net profitDKK 38.7m+22.4% vs. 2024
EquityDKK 204.7m+4.4% vs. 2024
Employees47latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 4% (2024 → 2025), to DKK 129.1m.
  • Revenue fell 6% (2024 → 2025), to DKK 484m.
  • Net profit rose 22% (2024 → 2025), to DKK 38.7m.
  • Equity rose 4% (2024 → 2025), to DKK 204.7m.

Employees

  • 3 more employees than a year earlier: 47 (08/2026) against 44 (08/2025).

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 50mDKK 100mDKK 150mDKK 200m202020212022202320242025
EquityNet profit
Financial figures for Viking Malt A/S
202020212022202320242025Change
Revenue359,351350,204507,410559,749516,084484,010−6.2%
Gross profit87,54174,277103,562117,169123,813129,136+4.3%
Operating profit (EBIT)26,47813,98823,58736,06644,23950,674+14.5%
Profit before tax25,36914,46526,95531,62540,52149,588+22.4%
Net profit19,80311,23921,11824,68431,58338,672+22.4%
Total assets207,392221,565258,455281,888268,130270,946+1.1%
Equity161,590165,380182,748187,432196,015204,687+4.4%
Liabilities44,42052,09171,82686,32266,56460,277−9.4%
Cash and cash equivalents8554330%
Average number of employees3233353839390%

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.

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

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120m202020212022202320242025
Gross profitMedian, the industry (3 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 Viking Malt A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202515/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202411/04/2025The companyPDFXBRL
202301/01/2023 – 31/12/202330/04/2024The companyPDFXBRL
202201/01/2022 – 31/12/202217/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202126/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202012/05/2021The 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
0102030405009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

3 companies in the database

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

Gross profitDKK 129.1mNo. 1 of 3
Better than 100% of the companies in the industry
EquityDKK 204.7mNo. 2 of 3
Better than 50% of the companies in the industry
Number of employees47No. 2 of 3
Better than 50% of the companies in the industry

Industry median: gross profit DKK 66.9m, net profit DKK 10.4m, equity DKK 204.7m, 39 employees.

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. 91of 9,892
Better than 99%
No. 196of 9,922
Better than 98%
Companies that are at least 30 years old10,276 companies in the comparison
No. 675of 10,152
Better than 93%
No. 779of 10,275
Better than 92%
All companies of type A/S18,025 companies in the comparison
No. 1,229of 17,786
Better than 93%
No. 1,412of 18,024
Better than 92%

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 malt
Gross profit
  1. Viking Malt A/SDKK 129.1m
  2. Sophus Fuglsang. Export-maltfabrik A/SDKK 66.9m
  3. Gyrup Malt ApSDKK 2.3m
Net profit
  1. Viking Malt A/SDKK 38.7m
  2. Sophus Fuglsang. Export-maltfabrik A/SDKK 10.4m
  3. Gyrup Malt ApSDKK 432k
Equity
  1. Viking Malt A/SDKK 204.7m
  2. Sophus Fuglsang. Export-maltfabrik A/SDKK 338.2m
  3. Gyrup Malt ApSDKK 3.1m
Employees
  1. Viking Malt A/S47
  2. Sophus Fuglsang. Export-maltfabrik A/S53
  3. Gyrup Malt ApS2

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
  • Viking Malt Oy100%
Viking Malt A/S

Management

4 active registrations

Executive management

Executive management at Viking Malt A/S
NameRoleAppointed
Karen Mette Krieger LassenCEO01/05/2019

Board of directors

Board of directors at Viking Malt A/S
NameRoleAppointed
Pär-Gustaf RelanderChair of the board11/05/2016
Hans Kasper MadsenBoard member30/09/2017
Teemu Jarno Tuomas PohjolaBoard member06/04/2021
Founders
VX 10.312 ApS, Medimex ApS, ApS Kbil 9 Nr. 1008
Former management (43)
Former management at Viking Malt A/S
NameRoleAppointedResigned
Hans Christian GalstBoard member01/04/199312/07/1994
Ulf Svejgaard PoulsenChair of the board01/04/199312/07/1994
Bent Grosen RasmussenBoard member01/04/199322/01/1999
Per Emil Hasselbalch StakemannBoard member01/04/199312/07/1994
Per Emil Hasselbalch StakemannDirector01/04/199312/07/1994
Sven Gjevert PetersenChair of the board01/04/199322/01/1999
Hans Henrik SchmidtDirector01/04/199327/04/1995
Kaj NielsenBoard member01/04/199319/02/2001
Donald Charles SmithBoard member01/04/199322/01/1999
Peter Lawrence MyersBoard member01/04/199322/01/1999
Thomas Lon ManuelBoard member01/04/199322/01/1999
Mogens LundDirector30/03/199531/12/1996
Svend Erik AlbrethsenDeputy board member17/12/199622/01/1999
Per Brøndum AndersenDeputy board member17/12/199619/02/2001
Jette Wigand KnudsenDeputy board member17/12/199622/01/1999
Michael David WalterDeputy board member17/12/199622/01/1999
Duncan MacRaeDeputy board member17/12/199622/01/1999
Ian WiltonDeputy board member17/12/199622/01/1999
Kim Gubbi JørgensenDirector01/01/199730/04/2019
Preben Østergaard JensenBoard member22/01/199908/05/2002
Michael Christian Stig IuulChair of the board22/01/199923/11/1999
Lars KjærBoard member22/01/199923/11/1999
Nils Smedegaard AndersenChair of the board23/11/199919/02/2001
John JagdBoard member19/02/200108/05/2002
Henrik Arent FastholmBoard member08/05/200221/08/2006
Erik Juul RasmussenBoard member08/05/200217/08/2007
Helge JacobsenChair of the board24/03/200431/05/2007
Paul Assar BergqvistBoard member24/03/200408/02/2006
Jørn Peter JensenBoard member08/02/200630/09/2015
Hans Henrik SchmidtBoard member21/08/200631/05/2007
Jacob AndersenBoard member31/05/200709/06/2008
Bengt Göran ErlandssonChair of the board31/05/200711/05/2016
Hans Kasper MadsenBoard member17/08/200710/06/2011
Jean-Sébastien Raymond FornesBoard member11/06/200808/03/2012
Ilya KrapivinBoard member27/07/201130/09/2013
Birgitte SkadhaugeBoard member26/09/201111/05/2016
Lars Peter NilssonBoard member12/03/201208/11/2012
Myriam ShingletonBoard member12/03/201215/10/2013
Michael JakobBoard member08/11/201211/05/2016
Gennady GushcinBoard member30/09/201311/05/2016
Jan Thieme RasmussenBoard member30/09/201511/05/2016
Antti Paavo OrkolaBoard member11/05/201622/09/2017
Anne Inkeri SointuBoard member11/05/201606/04/2021

Signing rule: Selskabet tegnes af et bestyrelsesmedlem i forening med en direktør, af to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.

Address and production units

1 active production units

Spirevej 5
4760 Vordingborg

Vordingborg Municipality · Postcode 4760

Production units
Production unitAddressEmployeesP number
VIKING MALT A/SSpirevej 5, 4760 Vordingborg471001199629

Purpose

Selskabets formål er at drive maltanlæg samt al virksomhed, som efter bestyrelsens skøn har forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

106 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20213 changesaccounts 1 · management 2
  • Annual report for 2020 published
  • Teemu Jarno Tuomas Pohjola appointed board member
  • Anne Inkeri Sointu stepped down as board member
20192 changesmanagement 2
  • Karen Mette Krieger Lassen appointed ceo
  • Kim Gubbi Jørgensen stepped down as director
20172 changesmanagement 2
  • Hans Kasper Madsen appointed board member
  • Antti Paavo Orkola stepped down as board member
201611 changesname 1 · management 8 · ownership 2
  • Name changed from DANISH MALTING GROUP A/S to VIKING MALT A/S
  • Pär-Gustaf Relander appointed chair of the board
  • Anne Inkeri Sointu appointed board member
  • Antti Paavo Orkola appointed board member
  • Jan Thieme Rasmussen stepped down as board member
  • Gennady Gushcin stepped down as board member
  • Michael Jakob stepped down as board member
  • Birgitte Skadhauge stepped down as board member
  • Bengt Göran Erlandsson stepped down as chair of the board
  • Viking Malt Oy registered as owner (100%)
  • CARLSBERG BREWERIES A/S is no longer registered as owner
20152 changesmanagement 2
  • Jan Thieme Rasmussen appointed board member
  • Jørn Peter Jensen stepped down as board member
20133 changesmanagement 3
  • Myriam Shingleton stepped down as board member
  • Gennady Gushcin appointed board member
  • Ilya Krapivin stepped down as board member
20125 changesmanagement 5
  • Michael Jakob appointed board member
  • Lars Peter Nilsson stepped down as board member
  • Myriam Shingleton appointed board member
  • Lars Peter Nilsson appointed board member
  • Jean-Sébastien Raymond Fornes stepped down as board member
20114 changesaddress 1 · management 3
  • Moved to Spirevej 5, 4760 Vordingborg
  • Birgitte Skadhauge appointed board member
  • Ilya Krapivin appointed board member
  • Hans Kasper Madsen stepped down as board member
20083 changesmanagement 2 · industry 1
  • Jean-Sébastien Raymond Fornes appointed board member
  • Jacob Andersen stepped down as board member
  • Industry changed to Manufacture of malt (110600)
20076 changesmanagement 6
  • Hans Kasper Madsen appointed board member
  • Erik Juul Rasmussen stepped down as board member
  • Bengt Göran Erlandsson appointed chair of the board
  • Jacob Andersen appointed board member
  • Hans Henrik Schmidt stepped down as board member
  • Helge Jacobsen stepped down as chair of the board
20064 changesmanagement 4
  • Hans Henrik Schmidt appointed board member
  • Henrik Arent Fastholm stepped down as board member
  • Jørn Peter Jensen appointed board member
  • Paul Assar Bergqvist stepped down as board member
20042 changesmanagement 2
  • Paul Assar Bergqvist appointed board member
  • Helge Jacobsen appointed chair of the board
20024 changesmanagement 4
  • Erik Juul Rasmussen appointed board member
  • Henrik Arent Fastholm appointed board member
  • John Jagd stepped down as board member
  • Preben Østergaard Jensen stepped down as board member
20015 changesmanagement 4 · ownership 1
  • John Jagd appointed board member
  • Nils Smedegaard Andersen stepped down as chair of the board
  • Per Brøndum Andersen stepped down as deputy board member
  • Kaj Nielsen stepped down as board member
  • CARLSBERG BREWERIES A/S registered as owner (100%)
199917 changesmanagement 16 · capital 1
  • Nils Smedegaard Andersen appointed chair of the board
  • Lars Kjær stepped down as board member
  • Michael Christian Stig Iuul stepped down as chair of the board
  • Share capital changed from 80,000,000 DKK to 100,000,000 DKK
  • Lars Kjær appointed board member
  • Michael Christian Stig Iuul appointed chair of the board
  • Preben Østergaard Jensen appointed board member
  • Svend Erik Albrethsen stepped down as deputy board member
  • Ian Wilton stepped down as deputy board member
  • Duncan MacRae stepped down as deputy board member
  • Michael David Walter stepped down as deputy board member
  • Jette Wigand Knudsen stepped down as deputy board member
  • Thomas Lon Manuel stepped down as board member
  • Peter Lawrence Myers stepped down as board member
  • Donald Charles Smith stepped down as board member
  • Sven Gjevert Petersen stepped down as chair of the board
  • Bent Grosen Rasmussen stepped down as board member
19971 changemanagement 1
  • Kim Gubbi Jørgensen appointed director
19967 changesmanagement 7
  • Mogens Lund stepped down as director
  • Per Brøndum Andersen appointed deputy board member
  • Svend Erik Albrethsen appointed deputy board member
  • Ian Wilton appointed deputy board member
  • Duncan MacRae appointed deputy board member
  • Michael David Walter appointed deputy board member
  • Jette Wigand Knudsen appointed deputy board member
19953 changescapital 1 · management 2
  • Share capital changed from 500,000 DKK to 80,000,000 DKK
  • Hans Henrik Schmidt stepped down as director
  • Mogens Lund appointed director
19945 changesname 1 · management 4
  • Name changed from A/S PSE NR. 4791 to DANISH MALTING GROUP A/S
  • Ulf Svejgaard Poulsen stepped down as chair of the board
  • Per Emil Hasselbalch Stakemann stepped down as director
  • Per Emil Hasselbalch Stakemann stepped down as board member
  • Hans Christian Galst stepped down as board member
199312 changesfounded 1 · management 11
  • Registered as A/S PSE NR. 4791
  • Ulf Svejgaard Poulsen appointed chair of the board
  • Thomas Lon Manuel appointed board member
  • Peter Lawrence Myers appointed board member
  • Donald Charles Smith appointed board member
  • Kaj Nielsen appointed board member
  • Hans Henrik Schmidt appointed director
  • Sven Gjevert Petersen appointed chair of the board
  • Per Emil Hasselbalch Stakemann appointed director
  • Per Emil Hasselbalch Stakemann appointed board member
  • Bent Grosen Rasmussen appointed board member
  • Hans Christian Galst 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.

View in CVRReport a correction