Owners, management and financials
CVR: 11363881
Secondary names: GARMIN A/S, GARMIN DENMARK A/S, GARMIN DANMARK A/S
Previous names: DKNF 364 ApS, FERROPILOT (DANMARK) ApS, FERROPILOT (DANMARK) A/S
EUR 1,468,543,000
Revenue
Net result: EUR 35,271,000
Garmin Nederland B.V. (100%)
CVR · view owners
Jan-Åke Arenäs
Board: 3 members
CVR · view management
Active
Founded 14 September 1987
CVR · view overview
70 employees
CVR · 2026
Owner registered: Garmin Nederland B.V.
CVR · 30/10/2017
View the full event history
GARMIN NORDIC DENMARK A/S is a Danish company of the type Aktieselskab based in Ballerup, founded in 1987. The company is registered under the industry Engroshandel med andre maskiner og andet udstyr. The company was previously named GARMIN DANMARK A/S and FAIRPOINT NAVIGATION A/S. The management consists of Jan-Åke Arenäs. The board consists of Jan-Åke Arenäs, Jonathan Peter Joseph Wagstaff and Sean Biddlecombe. The company is owned by Garmin Nederland B.V.. The company has 70 employees (2026). In 2025, the company reported revenue of EUR 1,468,543,000 and a net result of EUR 35,271,000 compared with DKK 33,177,000 the year before. Equity in the 2025 report amounted to EUR 229,817,000.
Source: annual report 2025, Danish Business Authority
Garmin Nordic Denmark A/S exhibits a solid financial health trajectory, marked by consistent revenue growth over the past few years. In 2025, the company reported revenue of €1.47 billion and a profit of €35.27 million, reflecting an upward trend from previous years, where revenue was DKK 1.15 billion in 2023 and DKK 1.11 billion in 2022. The equity position has strengthened significantly, rising to €229.82 million in 2025 from €144.54 million in 2022, indicating robust financial stability. Despite fluctuations in profit margins, the company maintains a competitive stance within the machinery and equipment wholesale industry, supported by a healthy gross profit margin.
AI-generated summary · Generated 20/08/2026
Selskabets primære formål er handel indenfor telekommunikations- og navigationsudstyr samt anden hermed beslægtet virksomhed
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 1.5 mia. EUR | 35.3 mio. EUR | 872 mio. EUR | 229.8 mio. EUR | 70 | |
| 202401/01/2024 – 31/12/2024 | 1.3 mia. | 33.2 mio. | 441.8 mio. | 194.5 mio. | 75 | |
| 202301/01/2023 – 31/12/2023 | 1.2 mia. | 24.8 mio. | 452.1 mio. | 161.4 mio. | 69 | |
| 202201/01/2022 – 31/12/2022 | 1.1 mia. | 22.2 mio. | 373.5 mio. | 144.5 mio. | 67 | |
| 202101/01/2021 – 31/12/2021 | 1.2 mia. | 25.6 mio. | 486.8 mio. | 137.4 mio. | 67 | |
| 202001/01/2020 – 31/12/2020 | 1.1 mia. | 24.2 mio. | 421.4 mio. | 126.8 mio. | 62 | |
| 201901/01/2019 – 31/12/2019 | 920.9 mio. | 17.5 mio. | 367.4 mio. | 114.6 mio. | 60 | |
| 201801/01/2018 – 31/12/2018 | 767.5 mio. | 14.8 mio. | 299.8 mio. | 104.5 mio. | 59 | |
| 201701/01/2017 – 31/12/2017 | 750 mio. | 11.5 mio. | 317.3 mio. | 104.6 mio. | 56 | |
| 201601/01/2016 – 31/12/2016 | 701.6 mio. | 10.8 mio. | 238.8 mio. | 100.6 mio. | 47 | |
| 201501/01/2015 – 31/12/2015 | 659 mio. | 9.8 mio. | 219.5 mio. | 97.2 mio. | 46 | |
| 201401/01/2014 – 31/12/2014 | 585.9 mio. | 11.3 mio. | 284.7 mio. | 94.9 mio. | 46 | |
| 201301/01/2013 – 31/12/2013 | 581.6 mio. | 8.3 mio. | 211.3 mio. | 91.1 mio. | 46 |
Compared to 1.734 companies in Engroshandel med andre maskiner og andet udstyr
Comparison is based on industry median values
Screen owners and management against the Danish FSA's official PEP lists
1 properties
Upgrade to Pro to see addresses, building data and ownership details
Property report (PDF)
The entire property portfolio in one report: areas, usage, energy labels, flood exposure, planning zone and local plans.
See an example report (PDF)1 public tender won
Sources: TED (the EU tender database) and udbud.dk
Get notified instantly about new financial statements, ownership changes, management changes and status changes.
Set up monitoringThe CVR number of GARMIN NORDIC DENMARK A/S is 11363881.
GARMIN NORDIC DENMARK A/S is owned by Garmin Nederland B.V..
The management of GARMIN NORDIC DENMARK A/S consists of Jan-Åke Arenäs.
The board of GARMIN NORDIC DENMARK A/S consists of Jan-Åke Arenäs, Jonathan Peter Joseph Wagstaff and Sean Biddlecombe.
In 2025, GARMIN NORDIC DENMARK A/S reported revenue of EUR 1,468,543,000.
GARMIN NORDIC DENMARK A/S had 70 employees in 2026 according to the Danish CVR register.
Claim this page to add your logo and social links. Free to get started.
GARMIN NORDIC DENMARK A/S has published its annual report for 2025. Revenue came to DKK 1,468,543,000, and the net result was DKK 35,271,000.
Address changed to Pederstrupvej 82 82, 2750 Ballerup (January 5, 2026).
GARMIN NORDIC DENMARK A/S has published its annual report for 2024. Revenue came to DKK 1,345,253,000, and the net result was DKK 33,177,000.
GARMIN NORDIC DENMARK A/S has won the tender "Purchase of Vovoactive 5 Black" issued by Københavns Universitet worth 6,741,000 DKK.
As of March 15, 2025, Jonathan Peter Joseph Wagstaff has joined the board of directors of GARMIN NORDIC DENMARK A/S.
As of March 15, 2025, Andrew Russell Etkind has left the board of directors of GARMIN NORDIC DENMARK A/S.
GARMIN NORDIC DENMARK A/S has published its annual report for 2023. Revenue came to DKK 1,150,532,000, and the net result was DKK 24,826,000.
GARMIN NORDIC DENMARK A/S has published its annual report for 2022. Revenue came to DKK 1,113,260,000, and the net result was DKK 22,186,000.
GARMIN NORDIC DENMARK A/S has published its annual report for 2021. Revenue came to DKK 1,242,961,030, and the net result was DKK 25,585,155.
GARMIN NORDIC DENMARK A/S has published its annual report for 2020. Revenue came to DKK 1,149,437,189, and the net result was DKK 24,216,984.
GARMIN NORDIC DENMARK A/S has published its annual report for 2019. Revenue came to DKK 920,918,566, and the net result was DKK 17,468,219.
GARMIN NORDIC DENMARK A/S has published its annual report for 2018. Revenue came to DKK 767,540,721, and the net result was DKK 14,833,546.
GARMIN NORDIC DENMARK A/S has published its annual report for 2017. Revenue came to DKK 749,960,672, and the net result was DKK 11,511,031.
As of October 31, 2017, Andrew Russell Etkind has joined the board of directors of GARMIN NORDIC DENMARK A/S.
As of October 31, 2017, Clifton Albert Pemble has left the board of directors of GARMIN NORDIC DENMARK A/S.
As of October 31, 2017, Doug Boessen has left the board of directors of GARMIN NORDIC DENMARK A/S.
As of October 30, 2017, is registered as an owner of GARMIN NORDIC DENMARK A/S with an ownership share of 100%.
GARMIN NORDIC DENMARK A/S has published its annual report for 2016. Revenue came to DKK 701,618,124, and the net result was DKK 10,795,771.
GARMIN NORDIC DENMARK A/S has published its annual report for 2015. Revenue came to DKK 659,047,100, and the net result was DKK 9,793,845.
GARMIN NORDIC DENMARK A/S has published its annual report for 2014. Revenue came to DKK 585,898,720, and the net result was DKK 11,296,765.
As of October 10, 2014, EY Godkendt Revisionspartnerselskab has been appointed auditor of GARMIN NORDIC DENMARK A/S.
As of October 10, 2014, JUT NR. 2180 A/S has stepped down as auditor of GARMIN NORDIC DENMARK A/S.
As of July 31, 2014, Doug Boessen has joined the board of directors of GARMIN NORDIC DENMARK A/S.
As of July 31, 2014, Kevin S. Rauckman has left the board of directors of GARMIN NORDIC DENMARK A/S.
GARMIN NORDIC DENMARK A/S has published its annual report for 2013. Revenue came to DKK 581,572,993, and the net result was DKK 8,321,597.
As of December 16, 2013, Jan-Åke Arenäs has joined the board of directors of GARMIN NORDIC DENMARK A/S.
As of December 16, 2013, Jan-Åke Arenäs is registered as adm. dir. of GARMIN NORDIC DENMARK A/S.
As of December 16, 2013, Kenneth Aabenhus has stepped down as director of GARMIN NORDIC DENMARK A/S.
On December 16, 2013, the company changed its name from GARMIN DANMARK A/S to GARMIN NORDIC DENMARK A/S.
GARMIN NORDIC DENMARK A/S has published its annual report for 2012.
As of December 31, 2012, Clifton Albert Pemble has joined the board of directors of GARMIN NORDIC DENMARK A/S.
As of December 31, 2012, Sean Biddlecombe has joined the board of directors of GARMIN NORDIC DENMARK A/S.
As of December 31, 2012, Min-Hwan Kao has left the board of directors of GARMIN NORDIC DENMARK A/S.
As of July 12, 2011, JUT NR. 2180 A/S has been appointed auditor of GARMIN NORDIC DENMARK A/S.
As of July 12, 2011, EY Danmark A/S has stepped down as auditor of GARMIN NORDIC DENMARK A/S.
As of July 1, 2011, EY Danmark A/S has been appointed auditor of GARMIN NORDIC DENMARK A/S.
As of June 30, 2011, NU-REVI STATSAUTORISERET REVISOR ApS has stepped down as auditor of GARMIN NORDIC DENMARK A/S.
As of January 1, 2010, Kenneth Aabenhus is registered as director of GARMIN NORDIC DENMARK A/S.
As of January 1, 2010, Jens Buhl Jørgensen has stepped down as director of GARMIN NORDIC DENMARK A/S.
As of December 31, 2008, NU-REVI STATSAUTORISERET REVISOR ApS has been appointed auditor of GARMIN NORDIC DENMARK A/S.
As of December 31, 2008, JUT NR. 2180 A/S has stepped down as auditor of GARMIN NORDIC DENMARK A/S.
As of January 17, 2008, JUT NR. 2180 A/S has been appointed auditor of GARMIN NORDIC DENMARK A/S.
As of January 17, 2008, NU-REVI STATSAUTORISERET REVISOR ApS has stepped down as auditor of GARMIN NORDIC DENMARK A/S.
As of January 17, 2008, Min-Hwan Kao has joined the board of directors of GARMIN NORDIC DENMARK A/S.
As of January 17, 2008, Kevin S. Rauckman has joined the board of directors of GARMIN NORDIC DENMARK A/S.
As of January 17, 2008, Lars Bo Ive has left the board of directors of GARMIN NORDIC DENMARK A/S.
As of January 17, 2008, Jens Buhl Jørgensen has left the board of directors of GARMIN NORDIC DENMARK A/S.
As of January 17, 2008, Thomas Petersen Eldor has left the board of directors of GARMIN NORDIC DENMARK A/S.
On January 17, 2008, the company changed its name from FAIRPOINT NAVIGATION A/S to GARMIN DANMARK A/S.
As of April 23, 2007, NU-REVI STATSAUTORISERET REVISOR ApS has been appointed auditor of GARMIN NORDIC DENMARK A/S.
As of April 23, 2007, Otto Guldberg has stepped down as auditor of GARMIN NORDIC DENMARK A/S.
As of April 23, 2007, SØLYST TOTALENTREPRISE ApS has stepped down as auditor of GARMIN NORDIC DENMARK A/S.
On October 6, 2004, the company changed its name from FAIRPOINT A/S to FAIRPOINT NAVIGATION A/S.
As of September 1, 2003, SØLYST TOTALENTREPRISE ApS has been appointed auditor of GARMIN NORDIC DENMARK A/S.
As of October 2, 2000, Thomas Søbirk Poulsen has left the board of directors of GARMIN NORDIC DENMARK A/S.
On August 26, 1999, the company changed its name from FERROPILOT (DANMARK) A/S to FAIRPOINT A/S.
As of August 25, 1999, Lars Bo Ive has joined the board of directors of GARMIN NORDIC DENMARK A/S.
As of August 25, 1999, Thomas Søbirk Poulsen has joined the board of directors of GARMIN NORDIC DENMARK A/S.
As of August 25, 1999, Thomas Petersen Eldor has joined the board of directors of GARMIN NORDIC DENMARK A/S.
As of August 25, 1999, Ib Hagbarth has left the board of directors of GARMIN NORDIC DENMARK A/S.
As of August 25, 1999, Bernhard Schick has left the board of directors of GARMIN NORDIC DENMARK A/S.
As of March 15, 1994, Ian Godfrey has left the board of directors of GARMIN NORDIC DENMARK A/S.
As of March 24, 1993, Michael Daxer has left the board of directors of GARMIN NORDIC DENMARK A/S.
As of May 25, 1992, Derek Fawcett has left the board of directors of GARMIN NORDIC DENMARK A/S.
As of January 22, 1991, Michael Daxer has stepped down as director of GARMIN NORDIC DENMARK A/S.
On March 30, 1989, the company changed its name from FERROPILOT (DANMARK) ApS to FERROPILOT (DANMARK) A/S.
As of March 29, 1989, CJ Partnership I/S has stepped down as auditor of GARMIN NORDIC DENMARK A/S.
As of March 29, 1989, Bernhard Schick has stepped down as director of GARMIN NORDIC DENMARK A/S.
On June 9, 1988, the company changed its name from DKNF 364 ApS to FERROPILOT (DANMARK) ApS.
As of June 8, 1988, Peter Friis has stepped down as director of GARMIN NORDIC DENMARK A/S.
As of September 14, 1987, Otto Guldberg has been appointed auditor of GARMIN NORDIC DENMARK A/S.
As of September 14, 1987, CJ Partnership I/S has been appointed auditor of GARMIN NORDIC DENMARK A/S.
As of September 14, 1987, Jens Buhl Jørgensen has joined the board of directors of GARMIN NORDIC DENMARK A/S.
As of September 14, 1987, Ib Hagbarth has joined the board of directors of GARMIN NORDIC DENMARK A/S.
As of September 14, 1987, Bernhard Schick has joined the board of directors of GARMIN NORDIC DENMARK A/S.
As of September 14, 1987, Derek Fawcett has joined the board of directors of GARMIN NORDIC DENMARK A/S.
As of September 14, 1987, Michael Daxer has joined the board of directors of GARMIN NORDIC DENMARK A/S.
As of September 14, 1987, Ian Godfrey has joined the board of directors of GARMIN NORDIC DENMARK A/S.
As of September 14, 1987, Jens Buhl Jørgensen is registered as director of GARMIN NORDIC DENMARK A/S.
As of September 14, 1987, Peter Friis is registered as director of GARMIN NORDIC DENMARK A/S.
As of September 14, 1987, Bernhard Schick is registered as director of GARMIN NORDIC DENMARK A/S.
As of September 14, 1987, Michael Daxer is registered as director of GARMIN NORDIC DENMARK A/S.
GARMIN NORDIC DENMARK A/S was founded on September 14, 1987.
1 news item or press release
Sources: Via Ritzau and Danish news media. Links open at the source.
Companies in the same industry and area
CVR 32935680
CVR 28884176
CVR 82104313
CVR 81836515
CVR 20982780
