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NORDIC WATERPROOFING A/S

CVR: 25711785

Growing 8% p.a.Medium companyWell-established (25 yrs)Profitable

Secondary names: A/S PHØNIX TAGPAP, PHØNIX TAG ENTREPRISER A/S, PHØNIX TAG MATERIALER A/S

Previous names: GFKJURA 898 A/S, TRELLEBORG PHØNIX A/S

Active
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NORDIC WATERPROOFING A/S demonstrates strong financial health, highlighted by a profit of 93.5 million DKK in 2024, up from 90.2 million DKK in 2023, indicating stable profitability. However, revenue has declined from 605.2 million DKK in 2022 to 438.1 million DKK in 2024, suggesting a downward trend in sales. The company's equity has improved to 170.98 million DKK, reflecting a solid equity position, but the declining revenue raises concerns about future growth potential. Positioned within the asphalt and roofing industry, NORDIC WATERPROOFING A/S remains a significant player, though it may need to address its revenue challenges to maintain its competitive edge.

AI-generated summary

Overview

Company type
A/S
Aktieselskab
Address
Vester Alle 1A, 6600 Vejen
VEJEN
6600 Vejen
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Founded
13.11.2000

Details

Industry
Fremstilling af asfalt og tagpap
Code: 239910
Secondary industries
Tagdækningsaktiviteter (434100)
Engroshandel med træ og byggematerialer samt sanitetsartikler (468300)
Employees
75 employees
62 FTE
(2018)
Capital
8.000.001 kr.

Contact

Phone
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Purpose

Selskabets formål er at drive virksomhed ved produktion, handel, projektering samt entreprenørvirksomhed. Selskabet kan endvidere foretage investering i anden virksomhed indenfor de nævnte områder.

Location

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Financials

Financial trend

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YearRevenueProfit/LossTotal AssetsEquityEmployeesReport
2024438.1 mio.93.5 mio.255.2 mio.171 mio.93

Industry Benchmarks

View industry report

Compared to 7 companies in Fremstilling af asfalt og tagpap

Revenue
Company438.1 mio.
Industry median690.5 mio.
37% below
Profit margin
Company21.3%
Industry median5.0%
4.3x
Employees
Company93
Industry median324
3.5x below
Equity ratio
Company67.0%
Industry median47.0%
43% above

Comparison is based on industry median values

Ownership

Owners
NORDIC WATERPROOFING HOLDING DK ApS
CVR: 33577265
100%
NORDIC WATERPROOFING A/S
CVR: 25711785
Subsidiaries
HETAG TAGDÆKNING VEST A/S
CVR: 31261856(active)
100%
HETAG TAGDÆKNING SJÆLLAND A/S
CVR: 31273080(active)
100%
Hetag IFA Tagdækning A/S
CVR: 26404495(active)
66,66-89,99%

Properties

(19)· 4 historic

19 properties

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Management

Directors

René Meyer Johannsen(ADM. DIR.)

Board

Michael Rinsch(FORMAND)
Daniel Joseph Curtin(BESTYRELSESMEDLEM)
Howard John Taylor(BESTYRELSESMEDLEM)
Per-Olof Schrewelius(BESTYRELSESMEDLEM)

Founders

GORRISSEN FEDERSPIEL KOMPLEMENTAR ADVOKATANPARTSSELSKAB

Production units (9)

Nordic Waterproofing A/S
P-no: 1008017065
Vester Alle 1A, 6600, Vejen
Fremstilling af asfalt og tagpap
72 employees
Nordic Waterproofing A/S
P-no: 1012314341
Elektronvej 6, 2670, Greve
Fremstilling af asfalt og tagpap
3 employees
NORDIC WATERPROOFING A/S
P-no: 1029544677
Stiftsvej 13 ST., 7100, Vejle
Engroshandel med træ og byggematerialer samt sanitetsartikler
NORDIC WATERPROOFING A/S
P-no: 1032354293
Sundsholmen 18A, 9400, Nørresundby
Engroshandel med træ og byggematerialer samt sanitetsartikler
Nordic Waterproofing A/S
P-no: 1027771390
Ole Rømers Vej 1A, 9870, Sindal
Fremstilling af asfalt og tagpap

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History

9 events (+63)
2026
New auditorJan 29, 2026

PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB appointed as auditor

Auditor leftJan 29, 2026

EY Godkendt Revisionspartnerselskab resigned as auditor

2025
New auditorOct 1, 2025

EY Godkendt Revisionspartnerselskab appointed as auditor

Auditor leftOct 1, 2025

DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB resigned as auditor

New board memberOct 1, 2025

Daniel Joseph Curtin joined the board

New chairmanOct 1, 2025

Michael Rinsch joined the board

New ADM. DIR.Oct 1, 2025

René Meyer Johannsen joined as ADM. DIR.

ADM. DIR. leftOct 1, 2025

Paul Erik Rask left as ADM. DIR.

Chairman leftSep 30, 2025

Daniel Joseph Curtin left the board

See 63 more events with Pro