Leo Pharma A/S is a Danish A/S based in Ballerup, operating in the Manufacture of pharmaceutical preparations sector. Incorporated in 1962, the company has 1,047 employees and reported revenue of DKK 11.5bn in its latest annual filing.
| Revenue | 11.5B DKK | 0% |
| EBITDA | 0.4B DKK | +109% |
| Net profit | 2.5B DKK | +168% |
| Total assets | 19.5B DKK | -2% |
| Equity | 5.2B DKK | +16% |
| Employees | 1,047 | — |
In its most recent annual report (2025), Leo Pharma A/S reported revenue of DKK 11.5bn, broadly in line with the year before. The figures on this page draw on 5 annual filings covering 2020 to 2025. The bottom line showed a net profit of DKK 2.5bn, and the EBITDA margin stood at 3.3%.
At the end of 2025, equity financed 26.7% of the balance sheet, and current assets covered short-term debt 1 times.
| Item | 2025 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue | 11,497,000 | 11,497,000 | 12,935,000 | 9,606,000 | 8,284,000 |
| Staff expenses | — | -1,614,000 | -1,751,000 | -1,882,000 | -1,809,000 |
| EBITDA | 379,000 | -4,183,000 | -4,614,000 | -6,352,000 | -3,046,000 |
| Depreciation & amort. | — | -0 | -0 | -0 | -0 |
| EBIT | 379,000 | -4,183,000 | -4,614,000 | -6,352,000 | -3,046,000 |
| Net financials | 1,121,000 | 793,000 | 453,000 | 1,165,000 | 1,656,000 |
| Profit before tax | 1,500,000 | -3,390,000 | -4,161,000 | 5,188,000 | -1,390,000 |
| Tax | -973,000 | 250,000 | -13,000 | -308,000 | -459,000 |
| Net profit | 2,473,000 | -3,640,000 | -4,148,000 | 4,880,000 | -931,000 |
| Item | 2025 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|
| Total assets | 19,452,000 | 19,939,000 | 29,743,000 | 28,148,000 | 25,317,000 |
| Equity | 5,184,000 | 4,488,000 | 1,942,000 | 5,619,000 | 7,017,000 |
| Long-term debt | 8,688,000 | 10,891,000 | 14,428,000 | 9,753,000 | 9,435,000 |
| Short-term debt | 5,456,000 | 4,444,000 | 12,987,000 | 12,503,000 | 8,560,000 |
| Total debt | 14,144,000 | 15,335,000 | 27,801,000 | 22,529,000 | 17,995,000 |
28 financial ratios from the latest filing, each graded against companies in the same 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.
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.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Net profit as a percentage of total assets — the return generated on the capital employed.
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
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.
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.
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 relative to short-term debt — the ability to repay short-term obligations with cash alone.
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 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 flow relative to profit — the ability to convert reported profits into accessible cash.
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA relative to debt — how much operating earnings are available to service the debt.
The ability to pay the interest on the company's debt out of its earnings.
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
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.
Revenue relative to total assets — the ability to generate revenue from the asset base.
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.
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
The size of this year's increase or decrease in the company's equity.
The size of this year's increase or decrease in the company's debt.
| Name | Role | Member since |
|---|---|---|
| Current (6) | ||
TC Deputy | Deputy | 2026 |
PH Management | Management | 2022 |
KL Deputy | Deputy | 2026 |
CD Chief Executive Officer | Chief Executive Officer | 2022 |
CD Deputy | Deputy | 2026 |
HB Deputy | Deputy | 2026 |
Bv Deputy | Deputy | 1962 – 1990 |
GK Deputy | Deputy | 1998 – 2002 |
HN Chief Executive Officer | Chief Executive Officer | 1962 – 1994 |
KL Deputy | Deputy | 2022 – 2026 |
CT Chief Executive Officer | Chief Executive Officer | 2019 – 2021 |
LC Deputy | Deputy | 2022 – 2022 |
MD Deputy | Deputy | 2014 – 2016 |
LB | Deputy | 2019 – 2020 |
LO Management | Management | 2007 – 2015 |
PB Deputy | Deputy | 2025 – 2026 |
JV Deputy | Deputy | 2010 – 2014 |
JB Deputy | Deputy | 2002 – 2006 |
JR Deputy | Deputy | 1997 – 2002 |
AB Deputy | Deputy | 2010 – 2014 |
SI Deputy | Deputy | 2018 – 2022 |
JK Deputy | Deputy | 1998 – 1998 |
KA Deputy | Deputy | 2006 – 2007 |
JR Deputy | Deputy | 2016 – 2018 |
AK Chief Executive Officer | Chief Executive Officer | 2021 – 2022 |
IS Deputy | Deputy | 1962 – 1994 |
KB Deputy | Deputy | 2002 – 2003 |
ET Management | Management | 1999 – 2005 |
HA | Deputy | 1998 – 1998 |
AE Audit | Audit | 1962 – 1990 |
TC Deputy | Deputy | 2024 – 2026 |
EF Management | Management | 1962 – 1988 |
BP Deputy | Deputy | 2006 – 2008 |
SM Deputy | Deputy | 2023 – 2025 |
EL Chief Executive Officer | Chief Executive Officer | 2008 – 2007 |
LK Deputy | Deputy | 2014 – 2018 |
RR Deputy | Deputy | 2025 – 2026 |
JC Management | Management | 2006 – 2012 |
AS Deputy | Deputy | 1962 – 1998 |
AB Management | Management | 2012 – 2014 |
MR Deputy | Deputy | 1962 – 1994 |
GP Chief Executive Officer | Chief Executive Officer | 2008 – 2019 |
JH Management | Management | 1962 – 1994 |
TE Deputy | Deputy | 2022 – 2023 |
VO Management | Management | 1962 – 1992 |
MB Deputy | Deputy | 2010 – 2014 |
JB Management | Management | 1999 – 2010 |
IA Deputy | Deputy | 2018 – 2019 |
MV Deputy | Deputy | 2014 – 2014 |
PR Management | Management | 1962 – 2000 |
FF Deputy | Deputy | 2018 – 2021 |
AC Deputy | Deputy | 2014 – 2018 |
KM | Deputy | 2022 – 2025 |
| Name | Role | Member since |
|---|---|---|
| Current (13) | ||
HM Board of Directors | Board of Directors | 2026 |
PH Deputy Chairman | Deputy Chairman | 2026 |
FM Board of Directors | Board of Directors | 2022 |
LE Board of Directors | Board of Directors | 2022 |
SM Board of Directors | Board of Directors | 2022 |
PO Deputy Chairman | Deputy Chairman | 2023 |
JB Chairman | Chairman | 2021 |
TC Board of Directors | Board of Directors | 2026 |
MP Board of Directors | Board of Directors | 2025 |
KF Board of Directors | Board of Directors | 2026 |
RR Board of Directors | Board of Directors | 2024 |
AA Board of Directors | Board of Directors | 2025 |
AC Board of Directors | Board of Directors | 2026 |
HN Chairman | Chairman | 1962 – 2000 |
JH Board of Directors | Board of Directors | 2016 – 2021 |
OB Chairman | Chairman | 2019 – 2021 |
| Chairman | 1962 – 1988 | |
VJ Board of Directors | Board of Directors | 1962 – 1996 |
NS Board of Directors | Board of Directors | 1962 – 2006 |
LO Board of Directors | Board of Directors | 2008 – 2011 |
JB Board of Directors | Board of Directors | 2007 – 2010 |
JR Board of Directors | Board of Directors | 1997 – 1998 |
LH Board of Directors | Board of Directors | 2010 – 2018 |
JM Deputy Chairman | Deputy Chairman | 2022 – 2023 |
JK Board of Directors | Board of Directors | 2022 – 2026 |
LG Board of Directors | Board of Directors | 2021 – 2026 |
GM Board of Directors | Board of Directors | 1999 – 2014 |
KA Board of Directors | Board of Directors | 2022 – 2024 |
JR Board of Directors | Board of Directors | 2010 – 2014 |
AE Board of Directors | Board of Directors | 1962 – 1990 |
PJ Board of Directors | Board of Directors | 1962 – 2006 |
HA Board of Directors | Board of Directors | 1998 – 2002 |
JM Board of Directors | Board of Directors | 2019 – 2022 |
HC Board of Directors | Board of Directors | 1962 – 1997 |
CP Board of Directors | Board of Directors | 2017 – 2021 |
AC Board of Directors | Board of Directors | 1997 – 2000 |
EF Board of Directors | Board of Directors | 1962 – 1996 |
PH Board of Directors | Board of Directors | 2011 – 2018 |
EL Chairman | Chairman | 2008 – 2008 |
AV Board of Directors | Board of Directors | 1962 – 1994 |
BJ Board of Directors | Board of Directors | 2002 – 2006 |
JC Board of Directors | Board of Directors | 2008 – 2011 |
GP Board of Directors | Board of Directors | 2007 – 2011 |
CL Board of Directors | Board of Directors | 1962 – 1994 |
IS Board of Directors | Board of Directors | 2014 – 2018 |
VO Board of Directors | Board of Directors | 1962 – 1999 |
JP Chairman | Chairman | 2016 – 2019 |
JG Board of Directors | Board of Directors | 2017 – 2024 |
JB Board of Directors | Board of Directors | 2000 – 2017 |
AE Deputy Chairman | Deputy Chairman | 2021 – 2022 |
PR Chairman | Chairman | 2008 – 2016 |
JM Board of Directors | Board of Directors | 2006 – 2007 |
PH Board of Directors | Board of Directors | 2000 – 2014 |
JR Board of Directors | Board of Directors | 2014 – 2019 |
NS Board of Directors | Board of Directors | 2008 – 2011 |
PO Deputy Chairman | Deputy Chairman | 2016 – 2018 |
JW Board of Directors | Board of Directors | 2021 – 2024 |
HB Board of Directors | Board of Directors | 2024 – 2026 |
| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 66.67–89.99% | 90–99.99% | 2021 | |
Cidron Savanna 4 SARL | Company | 15–19.99% | 0% | 2023 |
| Company | 100% | 100% | 1993 |
| Person | Role here | Other companies |
|---|---|---|
| Lars Green | Board of Directors | 130 companiesMany roles |
| Marianne Viskum Olesen | Deputy | 14 companiesMany roles |
| Cristina Patricia Lage | Board of Directors | 12 companiesMany roles |
| Kasper Fangel | Board of Directors | 12 companiesMany roles |
| Patrik Olof Dahlén | Deputy Chairman | 9 companiesMany roles |
| Jonas Wilhelm Agnblad | Board of Directors | 9 companiesMany roles |
| Gitte Pugholm Aabo | Chief Executive Officer | 8 companiesMany roles |
| Jukka Pekka Pertola | Chairman | 8 companiesMany roles |
| Anders Bendsen Spohr | Management | 7 companiesMany roles |
| Jesper Mailind | Deputy Chairman | 7 companiesMany roles |
| Thorsten Erik Ramsing | Deputy | 6 companiesMany roles |
| Jesper Brandgaard | Chairman | 6 companiesMany roles |
| Lars Olsen | Management | 5 companies |
| Peter Helt Jacobsen Haahr | Deputy Chairman | 5 companies |
| Peder Holk Nielsen | Board of Directors | 5 companies |
| Erik Torngaard Hansen | Management | 4 companies |
| Henriette Mersebach | Board of Directors | 4 companies |
| Lotte Hjortshøj | Board of Directors | 4 companies |
| Philip Harald Eickhoff | Management | 3 companies |
| Jesper Høiland | Board of Directors | 3 companies |
| Klaus Legau | Deputy | 2 companies |
| Louisa Channouf Jacobsen | Deputy | 2 companies |
| Anders Kronborg | Chief Executive Officer | 2 companies |
| John Carsten Mehlbye | Management | 2 companies |
| Kreesten Meldgaard Madsen | Deputy | 2 companies |
| Ingelise Saunders | Board of Directors | 2 companies |
| Per Håkon Schmidt | Board of Directors | 2 companies |
| Morten Drewes Pedersen | Deputy | 1 company |
| Poul Bo Kilund | Deputy | 1 company |
| Jens Vallentin Holm | Deputy | 1 company |
| Thomas Christian Facius | Deputy | 1 company |
| Allan Carsten Dahl | Deputy | 1 company |
| Henrik Bo Andersson | Deputy | 1 company |