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SH GROUP A/S: Financial statements 2023

CVR: 12762704

Source: annual report 2023, Danish Business Authority

01/01/2023 – 31/12/2023

SH GROUP A/S (CVR 12762704) has filed annual accounts for 2023. In 2023, the company reported revenue of DKK 655,130,000 and a net result of DKK 27,717,000 compared with DKK 14,168,000 the year before. That is an increase of 10% compared with the year before. The profit margin was 4.2%. Equity in the 2023 report amounted to DKK 152,292,000. The solvency ratio was 40.8%. The company had 296 employees in the financial year.

Revenue
DKK 655,130,000
Gross Profit
DKK 317,138,000
Profit/Loss
DKK 27,717,000
Equity
DKK 152,292,000
Total Assets
DKK 373,578,000
Employees
296

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2023655.1 mio.317.1 mio.27.7 mio.152.3 mio.296
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

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Events in 2023

SH GROUP A/S: The 2022 annual report is outMay 3, 2023

SH GROUP A/S has published its annual report for 2022. Revenue came to DKK 595,383,000, and the net result was DKK 14,168,000.

Kaare Vang Jensen joins SH GROUP A/S as directorJan 1, 2023

As of January 1, 2023, Kaare Vang Jensen is registered as director of SH GROUP A/S.

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