Artex Danmark A/S
A/SActiveCVR 43833111Hjulmagervej 4, 8800 ViborgManufacture of railway locomotives and rolling stock· NACE 3020Est. 2023 · 3 years old19 employees
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Overview
Artex Danmark A/S is a Danish A/S based in Viborg, operating in the Manufacture of railway locomotives and rolling stock sector. Incorporated in 2023, the company has 19 employees and reported a gross profit of DKK 37.4m in its latest annual filing.
Gross profit 2025
37.4M DKK
+21% vs 2024
EBITDA margin (of gross profit)
72.2 %
+25% vs 2024
Net profit 2025
18.6M DKK
+39% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
69.2 %
StrongAmong the 30% highest rated companies in the industry
20232025
Liquidity ratioCurrent assets ÷ Short-term debt
2.3×
StrongAmong the 40% highest rated companies in the industry
20232025
Return on assets (ROA)Net profit ÷ Total assets × 100
37.4 %
Very strongAmong the 10% highest rated companies in the industry
20232025
EBITDA — year on year
DKK millionsKey figures
Annual report 2025| Gross profit | 37.4M DKK | +21% |
| EBITDA | 27M DKK | +25% |
| Net profit | 18.6M DKK | +39% |
| Total assets | 49.7M DKK | +11% |
| Equity | 34.4M DKK | +118% |
| Employees | 19 | — |
Company information
Legal name
Artex Danmark A/S
CVR number
43833111
Legal form
Aktieselskab
NACE code
Founded
7 February 2023 · 3 years
Share capital
DKK 400,000
Employees
19 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2025-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af direktøren, af to medlemmer af bestyrelsen i forening eller af den samlede
bestyrelse i forening.
Company purpose
Selskabets formål er fabrikation, montage og handel med dele til tog.
(no translation available)
Address
Hjulmagervej 4, 8800 Viborg
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Financial development
In its most recent annual report (2025), Artex Danmark A/S reported a gross profit of DKK 37.4m, an increase of 21% on the year before. The figures on this page draw on 3 annual filings covering 2023 to 2025. The bottom line showed a net profit of DKK 18.6m, and the EBITDA margin stood at 72.2%.
At the end of 2025, equity financed 69.2% of the balance sheet, and current assets covered short-term debt 2.3 times.
Financials
Gross profit
DKK millionsEBITDA
DKK millionsIncome statement
DKK thousands| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Gross profit | 37,413 | 30,972 | 10,281 |
| Staff expenses | -10,348 | -9,373 | -5,790 |
| EBITDA | 27,015 | 21,600 | 4,491 |
| Depreciation & amort. | -2,886 | -2,848 | -1,828 |
| EBIT | 24,129 | 18,752 | 2,663 |
| Net financials | -409 | -1,606 | -39 |
| Profit before tax | 23,720 | 17,146 | 2,625 |
| Tax | 5,129 | 3,775 | 580 |
| Net profit | 18,590 | 13,371 | 2,045 |
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Balance sheet
DKK thousands| Item | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total assets | 49,707 | 44,741 | 35,889 |
| Equity | 34,406 | 15,816 | 2,445 |
| Long-term debt | 0 | 0 | 0 |
| Short-term debt | 13,934 | 28,227 | 32,943 |
| Total debt | 13,934 | 28,227 | 32,943 |
Financial ratios
5-year trendEBITDA margin (of gross profit)
72.2 %
20232025
Equity ratio
69.2 %
StrongAmong the 30% highest rated companies in the industry
20232025
Return on equity
54.0 %
Very strongAmong the 20% highest rated companies in the industry
20232025
Net profit margin (of gross profit)
49.7 %
20232025
Asset turnover (of gross profit)
0.75×
20232025
Debt / equity
0.44×
StrongAmong the 30% highest rated companies in the industry
20232025
Sector performance
23 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Return on equity (ROE)Very strong
Among the 20% highest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Very strong
Among the 10% highest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very strong
Among the 20% highest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Very strong
Among the 10% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioVery strong
Among the 10% highest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Gross marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Liquidity
Current ratioStrong
Among the 40% highest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioStrong
Among the 40% highest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioVery weak
Among the 10% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery strong
Among the 20% highest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalWeak
Among the 40% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioStrong
Among the 40% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioStrong
Among the 30% highest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioStrong
Among the 30% highest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityStrong
Among the 30% highest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityStrong
Among the 30% highest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtVery strong
Among the 10% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtVery strong
Among the 10% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageVery strong
Among the 20% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtAverage
Around the average of companies in the same industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginVery strong
Among the 10% highest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Equity to contributed capitalVery strong
Among the 10% highest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityVery strong
Among the 10% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtVery strong
Among the 10% highest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Asset turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Annual reports & filings
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
TC Chief Executive Officer | Chief Executive Officer | 2025 |
Former (2)
BF Chief Executive Officer | Chief Executive Officer | 2023 – 2024 |
MB Management | Management | 2023 – 2023 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
TC Board of Directors | Board of Directors | 2025 |
MT Chairman | Chairman | 2023 |
AM Board of Directors | Board of Directors | 2026 |
Former (5)
LR Board of Directors | Board of Directors | 2023 – 2023 |
AI Board of Directors | Board of Directors | 2023 – 2026 |
BF Board of Directors | Board of Directors | 2023 – 2024 |
HA Chairman | Chairman | 2023 – 2023 |
MB Board of Directors | Board of Directors | 2023 – 2023 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
Artex AB | Company | 100% | 100% | 2023 |
| Company | 100% | 100% | 2023 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
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Related companies
Company hierarchy
Artex AB
Artex Danmark A/S Board network connections
Board members of Artex Danmark A/S also hold positions in 21 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Martin Bech Jacobsen Pedersen | Management | 16 companiesMany roles |
| Lone Rehoff Pedersen | Board of Directors | 4 companies |
| Henrik Aagaard Andersen | Chairman | 1 company |
Frequently asked questions
What is the CVR number of Artex Danmark A/S?
Artex Danmark A/S is registered with CVR / Virk under CVR 43833111.
What is the gross profit of Artex Danmark A/S?
Artex Danmark A/S reported a gross profit of DKK 37.4m in 2025.
How many employees does Artex Danmark A/S have?
Artex Danmark A/S employs 19 people as of the latest annual report.
Who is the CEO of Artex Danmark A/S?
Thomas Claes Johan Bengtsson is the CEO of Artex Danmark A/S, in role since 2025.
Who is the chairman of Artex Danmark A/S?
Mats Tore Rydsund chairs the board of Artex Danmark A/S.
Where is Artex Danmark A/S headquartered?
Artex Danmark A/S's registered address is Hjulmagervej 4.