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SH GROUP A/S: Financial statements 2022

CVR: 12762704

Source: annual report 2022, Danish Business Authority

01/01/2022 – 31/12/2022

SH GROUP A/S (CVR 12762704) has filed annual accounts for 2022. In 2022, the company reported revenue of DKK 595,383,000 and a net result of DKK 14,168,000 compared with DKK -665,000 the year before. That is an increase of 32.1% compared with the year before. The profit margin was 2.4%. Equity in the 2022 report amounted to DKK 124,738,000. The solvency ratio was 31.2%. The company had 306 employees in the financial year.

Revenue
DKK 595,383,000
Gross Profit
DKK 250,967,000
Profit/Loss
DKK 14,168,000
Equity
DKK 124,738,000
Total Assets
DKK 400,354,000
Employees
306

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2022595.4 mio.251 mio.14.2 mio.124.7 mio.306
2021450.9 mio.203.5 mio.-665 t.110.3 mio.308
2020430.7 mio.212.9 mio.8.8 mio.111 mio.235
2019478.9 mio.237.1 mio.12.1 mio.103.1 mio.229
2018333.5 mio.165.2 mio.157 t.91.4 mio.246

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Events in 2022

Morten Brian Nielsen steps down as director of SH GROUP A/SDec 31, 2022

As of December 31, 2022, Morten Brian Nielsen has stepped down as director of SH GROUP A/S.

SH GROUP A/S: The 2021 annual report is outMay 17, 2022

SH GROUP A/S has published its annual report for 2021. Revenue came to DKK 450,853,000, and the net result was DKK -665,000.

About SH GROUP A/S

SH GROUP A/S is a Danish company of the type Aktieselskab based in Svendborg, founded in 1989. The company is registered under the industry Installation af industrimaskiner og -udstyr. The company was previously named SVENDBORG HYDRAULIK A/S and SVENDBORG SKIBSHYDRAULIK A/S. The management consists of Kaare Vang Jensen. The board consists of Jacob Østergaard Bergenholtz (chair), Knud Andersen, Michiel Bart Hijmans and Morten Brian Nielsen. The company is owned by MC SHG ApS. The company has 445 employees (2026). In 2025, the company reported revenue of DKK 817,589,000 and a net result of DKK 45,233,000 compared with DKK 27,842,000 the year before. Equity in the 2025 report amounted to DKK 222,892,000.

Source: annual report 2025, Danish Business Authority