Kronospan ApS

CVR: 11766110

Growing 50% p.a.Medium companyWell-established (75 yrs)Loss-making

Secondary names: Novopan Træindustri ApS, Novopan Finerværk ApS, Pindstrup Træindustri ApS

Previous names: NOVOPAN TRÆINDUSTRI A/S

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Kronospan ApS is experiencing significant financial challenges, with a troubling trend of declining revenue and increasing losses. In 2025, the company reported revenue of 60.34 billion DKK but incurred a substantial loss of 3.79 billion DKK, following a pattern of declining profitability since 2022 when it achieved a profit of 19.2 million DKK. Despite maintaining a relatively strong equity position of 44.68 billion DKK, the company's margins are under pressure, raising concerns about its long-term viability in the competitive wood-based panel manufacturing industry. Overall, while equity remains a strength, the persistent losses and declining revenue trajectory suggest a need for strategic reassessment.

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Overview

Company type
APS
Anpartsselskab
Address
Fabriksvej 2, 8550 Ryomgård
Founded
30.6.1950

Details

Employees
214 employees
201 FTE
(2018)
Capital
90.457.500 kr.

Contact

Purpose

Selskabets formål er at drive industrivirksomhed

FinancialsEUR

Financial trend

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YearRevenueProfit/LossTotal AssetsEquityEmployeesReport
202560.3 mia.-3.8 mia.97.6 mia.44.7 mia.177

History

Ownership

Kronospan ApS
CVR: 11766110

Properties

(1)· 9 historic

1 properties

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Management

Directors

Board

Spiros Spyrou(FORMAND)
Joerg Lippok(BESTYRELSESMEDLEM)
Vivita Vavere Ozola(BESTYRELSESMEDLEM)

Production units (4)

Kronospan ApS
P-no: 1002911982
Fabriksvej 2, 8550, Ryomgård
Fremstilling af finerplader og træbaserede plader
214 employees

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