Hans Følsgaard A/S
A/SActiveCVR 55028818Theilgaards Torv 1A, 4600 KøgeWholesale of information and communication equipment· NACE 4650Est. 1958 · 68 years old110 employeeshttps://www.folsgaard.com/
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Overview
Hans Følsgaard A/S is a Danish A/S based in Køge, operating in the Wholesale of information and communication equipment sector. Incorporated in 1958, the company has 110 employees and reported revenue of DKK 800.7m in its latest annual filing.
Revenue 2026
800.7M DKK
+13% vs 2025
EBITDA margin
10.2 %
+14% vs 2025
Net profit 2026
66.7M DKK
+7% vs 2025
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
59.4 %
StrongAmong the 40% highest rated companies in the industry
20222026
Liquidity ratioCurrent assets ÷ Short-term debt
2.2×
StrongAmong the 40% highest rated companies in the industry
20222026
Return on assets (ROA)Net profit ÷ Total assets × 100
22.1 %
Very strongAmong the 20% highest rated companies in the industry
20222026
EBITDA — year on year
DKK millionsKey figures
Annual report 2026| Revenue | 800.7M DKK | +13% |
| EBITDA | 81.4M DKK | +14% |
| Net profit | 66.7M DKK | +7% |
| Total assets | 301.4M DKK | +1% |
| Equity | 179M DKK | +3% |
| Employees | 110 | — |
Company information
Legal name
HANS FØLSGAARD A/S
CVR number
55028818
Legal form
Aktieselskab
NACE code
Founded
16 January 1958 · 68 years
Share capital
DKK 7,125,000
Employees
110 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2026-03-31
Financial year
January – December
Signatory rights
Selskabet tegnes af den samlede bestyrelse eller af et medlem af direktionen sammen med bestyrelsesformanden eller to medlemmer af bestyrelsen.
Company purpose
Selskabets formål er at drive virksomhed ved fabrikation og handel
(no translation available)
Contact
Address
Theilgaards Torv 1A, 4600 Køge
Phone
+45 4320 8600
Email
denmark@folsgaard.com
Website
https://www.folsgaard.com/
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Financial development
In its most recent annual report (2026), Hans Følsgaard A/S reported revenue of DKK 800.7m, an increase of 13% on the year before. The figures on this page draw on 5 annual filings covering 2022 to 2026. The bottom line showed a net profit of DKK 66.7m, and the EBITDA margin stood at 10.2%.
At the end of 2026, equity financed 59.4% of the balance sheet, and current assets covered short-term debt 2.2 times.
Financials
Revenue
DKK millionsEBITDA
DKK millionsIncome statement
DKK thousands| Item | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | 800,732 | 708,500 | 684,071 | 834,507 | 740,786 |
| Staff expenses | -0 | -0 | -0 | -0 | -67,106 |
| EBITDA | 81,413 | 71,225 | 35,311 | 72,566 | 62,859 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -772 |
| EBIT | 81,413 | 71,225 | 35,311 | 72,566 | 62,087 |
| Net financials | 3,031 | 6,952 | 1,366 | 3,187 | 12,686 |
| Profit before tax | 84,444 | 78,178 | 36,677 | 75,753 | 74,773 |
| Tax | 17,733 | 15,674 | 8,707 | 17,200 | 14,176 |
| Net profit | 66,711 | 62,504 | 27,970 | 58,553 | 60,597 |
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Balance sheet
DKK thousands| Item | 2026 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Total assets | 301,377 | 297,891 | 265,320 | 315,546 | 266,220 |
| Equity | 178,971 | 174,603 | 157,141 | 160,602 | 152,085 |
| Long-term debt | 0 | 0 | 0 | 0 | 0 |
| Short-term debt | 122,406 | 123,056 | 107,935 | 154,763 | 114,034 |
| Total debt | 122,406 | 123,056 | 107,935 | 154,763 | 114,034 |
Financial ratios
5-year trendEBITDA margin
10.2 %
20222026
Equity ratio
59.4 %
StrongAmong the 40% highest rated companies in the industry
20222026
Return on equity
37.3 %
StrongAmong the 30% highest rated companies in the industry
20222026
Net profit margin
8.3 %
Very strongAmong the 20% highest rated companies in the industry
20222026
Asset turnover
2.66×
StrongAmong the 30% highest rated companies in the industry
20222026
Debt / equity
0.68×
StrongAmong the 40% highest rated companies in the industry
20222026
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginStrong
Among the 30% highest rated companies in the industry
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 marginVery strong
Among the 20% highest rated companies in the industry
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 marginVery strong
Among the 20% highest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Strong
Among the 30% 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 20% 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)Strong
Among the 30% 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 20% 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 ratioStrong
Among the 30% 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.
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 equityAverage
Around the average of companies in the same 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 capitalAverage
Around the average of companies in the same 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 ratioAverage
Around the average of companies in the same industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioStrong
Among the 40% 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 40% 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 40% 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 40% 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 20% 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 20% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageStrong
Among the 30% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtVery weak
Among the 20% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginVery strong
Among the 20% 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
Asset turnoverStrong
Among the 30% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverWeak
Among the 40% lowest rated companies in the industry
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.
Equity to contributed capitalStrong
Among the 30% 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 equityAverage
Around the average of companies in the same industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtAverage
Around the average of companies in the same industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
- Annual report 2026Filed via CVR / Virk · Period 2025-04-01 – 2026-03-31
- Annual report 2025Filed via CVR / Virk · Period 2024-04-01 – 2025-03-31
- Annual report 2024Filed via CVR / Virk · Period 2023-04-01 – 2024-03-31
- Annual report 2023Filed via CVR / Virk · Period 2022-04-01 – 2023-03-31
- Annual report 2022Filed via CVR / Virk · Period 2021-04-01 – 2022-03-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
BB Chief Executive Officer | Chief Executive Officer | 2020 |
Former (10)
KH Management | Management | 1958 – 1993 |
GØ Management | Management | 1958 – 1992 |
EO Management | Management | 1958 – 1988 |
BS Deputy | Deputy | 1958 – 1992 |
PT Deputy | Deputy | 1958 – 1992 |
PB Management | Management | 2002 – 2015 |
JS Chief Executive Officer | Chief Executive Officer | 2002 – 2020 |
BS Deputy | Deputy | 1958 – 1996 |
JG Deputy | Deputy | 1958 – 1987 |
JH Management | Management | 1958 – 2002 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (6) | ||
MH Board of Directors | Board of Directors | 2026 |
BB Board of Directors | Board of Directors | 2020 |
CH Board of Directors | Board of Directors | 2025 |
HH Board of Directors | Board of Directors | 2021 |
KW Board of Directors | Board of Directors | 2011 |
PM Chairman | Chairman | 2026 |
Former (30)
NK Deputy Chairman | Deputy Chairman | 1958 – 1992 |
FF Chairman | Chairman | 2005 – 2014 |
JP Deputy Chairman | Deputy Chairman | 1958 – 1996 |
AE Board of Directors | Board of Directors | 1958 – 1993 |
HA Board of Directors | Board of Directors | 2001 – 2003 |
CI Deputy Chairman | Deputy Chairman | 2005 – 2014 |
GØ Board of Directors | Board of Directors | 1958 – 1992 |
LH Board of Directors | Board of Directors | 1958 – 2011 |
PV Board of Directors | Board of Directors | 1958 – 2011 |
NS Board of Directors | Board of Directors | 2020 – 2021 |
PF Board of Directors | Board of Directors | 2003 – 2005 |
LB Board of Directors | Board of Directors | 1958 – 1998 |
ÅO Board of Directors | Board of Directors | 2014 – 2016 |
CB Board of Directors | Board of Directors | 1958 – 1996 |
HT Board of Directors | Board of Directors | 2016 – 2020 |
PF Board of Directors | Board of Directors | 2003 – 2011 |
MS Board of Directors | Board of Directors | 1996 – 2011 |
PF Board of Directors | Board of Directors | 1958 – 1987 |
JC Chairman | Chairman | 1992 – 2005 |
NM Board of Directors | Board of Directors | 2011 – 2014 |
JS Board of Directors | Board of Directors | 2014 – 2026 |
PF Board of Directors | Board of Directors | 1958 – 1992 |
RJ Board of Directors | Board of Directors | 1958 – 1992 |
BS Board of Directors | Board of Directors | 1958 – 2000 |
CA Chairman | Chairman | 2014 – 2020 |
PH Board of Directors | Board of Directors | 2019 – 2025 |
TT Board of Directors | Board of Directors | 2016 – 2019 |
HT Chairman | Chairman | 2020 – 2026 |
JJ Board of Directors | Board of Directors | 1958 – 1992 |
JU Board of Directors | Board of Directors | 2011 – 2016 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
Addtech Nordic AB | Company | 90–99.99% | 90–99.99% | 2014 |
| Company | 10–14.99% | 10–14.99% | 2016 | |
| Company | 10–14.99% | 10–14.99% | 2014 |
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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Company hierarchy
Følsgaard Fonden Holding ApS
Hans Følsgaard A/S (this company)Board network connections
Board members of Hans Følsgaard A/S also hold positions in 39 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Michael Hofman Laursen | Board of Directors | 13 companiesMany roles |
| Henrik Hartvig Møller | Board of Directors | 6 companiesMany roles |
| Niels Michael Barfod Jakobsen | Board of Directors | 6 companiesMany roles |
| Bent Baunegaard Madsen | Chief Executive Officer | 4 companies |
| Per Breinholt | Management | 3 companies |
| Jens Christian Lorenzen | Chairman | 2 companies |
| Gunnar Østervig | Management | 1 company |
| Bjarne Sørensen | Deputy | 1 company |
| Palle Tuffveson Jensen | Deputy | 1 company |
| Freddy Frandsen | Chairman | 1 company |
| Mogens Skipper-Pedersen | Board of Directors | 1 company |
Frequently asked questions
What is the CVR number of Hans Følsgaard A/S?
Hans Følsgaard A/S is registered with CVR / Virk under CVR 55028818.
What is the revenue of Hans Følsgaard A/S?
Hans Følsgaard A/S reported revenue of DKK 800.7m in 2026.
How many employees does Hans Følsgaard A/S have?
Hans Følsgaard A/S employs 110 people as of the latest annual report.
Who is the CEO of Hans Følsgaard A/S?
Bent Baunegaard Madsen is the CEO of Hans Følsgaard A/S, in role since 2020.
Who is the chairman of Hans Følsgaard A/S?
Per Marcus Alexander Johansson chairs the board of Hans Følsgaard A/S, in role since 2026.
Where is Hans Følsgaard A/S headquartered?
Hans Følsgaard A/S's registered address is Theilgaards Torv 1A, 1..