Hörmann Danmark A/S

A/SActive

CVR 78942215Metervej 6, 8940 Randers SVWholesale of wood, construction materials and sanitary equipment· NACE 4683Est. 1985 · 41 years old55 employees

Overview

Hörmann Danmark A/S is a Danish A/S based in Randers SV, operating in the Wholesale of wood, construction materials and sanitary equipment sector. Incorporated in 1985, the company has 55 employees and reported a gross profit of DKK 36.9m in its latest annual filing.

Gross profit 2025

36.9M DKK

−22% vs 2024

EBITDA margin (of gross profit)

4.8 %

−84% vs 2024

Net profit 2025

-1.1M DKK

-123% vs 2024

Key ratios

See full ratios →

47.2 %

Average

Around the average of companies in the same industry

20212025

2.0×

Strong

Among the 40% highest rated companies in the industry

20212025

-1.0 %

Weak

Among the 40% lowest rated companies in the industry

20212025

EBITDA — year on year

DKK millions

Key figures

Annual report 2025

Gross profit	36.9M DKK	-22%
EBITDA	1.8M DKK	-84%
Net profit	-1.1M DKK	-123%
Total assets	114.1M DKK	+4%
Equity	53.8M DKK	-2%
Employees	55	—

Contact

Address

Metervej 6, 8940 Randers SV

info@hoermann.dk

Risika for professionals

Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.

Visit risika.com

Financial development

In its most recent annual report (2025), Hörmann Danmark A/S reported a gross profit of DKK 36.9m, a decrease of 22% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net loss of DKK 1.1m, and the EBITDA margin stood at 4.8%.

At the end of 2025, equity financed 47.2% of the balance sheet, and current assets covered short-term debt 2 times.

Financials

Gross profit

DKK millions

EBITDA

DKK millions

Income statement

DKK thousands

Item	2025	2024	2023	2022	2021
Gross profit	36,857	46,971	34,254	35,161	28,632
Staff expenses	-35,101	-36,171	-34,605	-29,870	-25,290
EBITDA	1,756	10,800	-351	5,291	3,342
Depreciation & amort.	-1,704	-1,672	-419	-164	-323
EBIT	52	9,128	-771	5,128	3,019
Net financials	-1,568	-3,055	-2,676	-602	-13
Profit before tax	-1,516	6,073	-3,446	4,526	3,006
Tax	-422	1,340	-748	1,010	668
Net profit	-1,094	4,733	-2,698	3,516	2,338

Get a credit rating – not just the numbers

Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.

See the credit rating

Balance sheet

DKK thousands

Item	2025	2024	2023	2022	2021
Total assets	114,101	109,911	124,214	95,344	41,138
Equity	53,805	54,899	20,166	22,864	19,348
Long-term debt	33,805	36,853	66,500	31,000	0
Short-term debt	25,440	16,686	37,414	40,598	21,650
Total debt	59,244	53,539	103,914	71,598	21,650

Financial ratios

5-year trend

EBITDA margin (of gross profit)

4.8 %

20212025

Equity ratio

47.2 %

Average

Around the average of companies in the same industry

20212025

Return on equity

-2.0 %

Weak

Among the 30% lowest rated companies in the industry

20212025

Net profit margin (of gross profit)

-3.0 %

20212025

Asset turnover (of gross profit)

0.32×

20212025

Debt / equity

1.12×

Average

Around the average of companies in the same industry

20212025

Sector performance

23 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Weak

Among the 30% lowest 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)Weak

Among the 40% lowest 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)Weak

Among the 30% lowest 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)Weak

Among the 40% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioWeak

Among the 40% lowest 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 30% 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 ratioStrong

Among the 30% highest 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 capitalVery weak

Among the 20% 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 ratioVery weak

Among the 10% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioAverage

Around the average of companies in the same industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioAverage

Around the average of companies in the same industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityAverage

Around the average of companies in the same industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityAverage

Around the average of companies in the same industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtWeak

Among the 40% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtAverage

Around the average of companies in the same industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageWeak

Among the 40% lowest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtWeak

Among the 40% lowest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginWeak

Among the 40% lowest 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 equityWeak

Among the 40% lowest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtWeak

Among the 40% lowest 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

Annual report 2025
Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
View PDF
Annual report 2024
Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
View PDF
Annual report 2023
Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
View PDF
Annual report 2022
Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
View PDF
Annual report 2021
Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
LW Lars Westmark Chief Executive Officer	Chief Executive Officer	2022

Former (4)


JR Jan Rahbek Chief Executive Officer	Chief Executive Officer	2007 – 2022
SS SR, STATSAUTORISERET REVISIONSAKTIESELSKAB Audit	Audit	1985 – 1998
PL Peter Lassen Management	Management	2002 – 2007
JT Jørgen Thybring Chief Executive Officer	Chief Executive Officer	1985 – 2007

Board of directors

Non-executive oversight

Name	Role	Member since
Current (3)
CP Christoph Paul Stephan Hörmann Chairman	Chairman	2002
MJ Martin Jobst Hermann Hörmann Board of Directors	Board of Directors	2002
UB Uwe Brandt Board of Directors	Board of Directors	2024

Former (5)


TJ Thomas Jobst Hermann Hörmann Board of Directors	Board of Directors	2002 – 2024
HH Henning Harrits Jørgensen Board of Directors	Board of Directors	1985 – 1992
JK Johnni Kristensen Board of Directors	Board of Directors	1985 – 2002
PL Peter Lassen Board of Directors	Board of Directors	1985 – 2002
JT Jørgen Thybring Board of Directors	Board of Directors	1985 – 2002

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
Hörmann VBG	Individual	100%	100%	2003

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

One in three Danish companies experiences fraud

Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.

See the fraud module

Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of Hörmann Danmark A/S also hold positions in 7 other companies.

Person	Role here	Other companies
Johnni Kristensen	Board of Directors	6 companiesMany roles
Jan Rahbek	Chief Executive Officer	1 company

Frequently asked questions

What is the CVR number of Hörmann Danmark A/S?

Hörmann Danmark A/S is registered with CVR / Virk under CVR 78942215.

What is the gross profit of Hörmann Danmark A/S?

Hörmann Danmark A/S reported a gross profit of DKK 36.9m in 2025.

How many employees does Hörmann Danmark A/S have?

Hörmann Danmark A/S employs 55 people as of the latest annual report.

Who is the CEO of Hörmann Danmark A/S?

Lars Westmark is the CEO of Hörmann Danmark A/S, in role since 2022.

Who is the chairman of Hörmann Danmark A/S?

Christoph Paul Stephan Hörmann chairs the board of Hörmann Danmark A/S, in role since 2002.

Where is Hörmann Danmark A/S headquartered?

Hörmann Danmark A/S's registered address is Metervej 6.