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HOVMAND A/S: Financial statements 2024

CVR: 24257878

Source: annual report 2024, Danish Business Authority

01/10/2023 – 30/09/2024

HOVMAND A/S (CVR 24257878) has filed annual accounts for 2024. In 2024, the company reported revenue of DKK 127,658,294 and a net result of DKK 8,412,056 compared with DKK 2,718,086 the year before. That is an increase of 10.1% compared with the year before. The profit margin was 6.6%. Equity in the 2024 report amounted to DKK 25,738,719. The solvency ratio was 51.8%. The company had 58 employees in the financial year.

Revenue
DKK 127,658,294
Gross Profit
DKK 44,419,861
Profit/Loss
DKK 8,412,056
Equity
DKK 25,738,719
Total Assets
DKK 49,660,412
Employees
58

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2024127.7 mio.44.4 mio.8.4 mio.25.7 mio.58
2023115.9 mio.33.6 mio.2.7 mio.19.3 mio.60
2022108.1 mio.29.9 mio.651 t.16.6 mio.40
202190.8 mio.29.8 mio.6.4 mio.20.5 mio.35
202081.6 mio.24.3 mio.4 mio.16.5 mio.32

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About HOVMAND A/S

HOVMAND A/S is a Danish company of the type Aktieselskab based in Køge, founded in 1972. The company is registered under the industry Fremstilling af løfte- og håndteringsudstyr. The company was previously named H. C. HOVMAND A/S. The management consists of Søren Hovmand. The board consists of Malene Lei Raben (chair), Karen Sofie Hansen-Hoeck and Søren Hovmand. The company is owned by SØREN HOVMAND HOLDING ApS and Hovmand People ApS. The company has 56 employees (2026). In 2025, the company reported revenue of DKK 116,028,531 and a net result of DKK 1,689,624 compared with DKK 8,412,056 the year before. Equity in the 2025 report amounted to DKK 20,928,343.

Source: annual report 2025, Danish Business Authority