Owners, management and financials
CVR: 26065267
Secondary names: PAROC PANEL SYSTEM A/S
DKK 97,622,640
Revenue
Net result: DKK 2,349,981
Kingspan GmbH (100%)
CVR · view owners
Sina Sabzi
Board: David Kasik (chair) and 2 members
CVR · view management
Active
Founded 17 May 2001
CVR · view overview
10 employees
CVR · 2018
Director role ended: Allan Folmer Christensen
CVR · 30/09/2025
View the full event history
KINGSPAN A/S is a Danish company of the type Aktieselskab based in Støvring, founded in 2001. The company is registered under the industry Engroshandel med træ og byggematerialer samt sanitetsartikler. The management consists of Sina Sabzi. The board consists of David Kasik (chair), Michal Cervinka and Thomas Flynn. The company is owned by Kingspan GmbH. The company has 10 employees (2018). In 2025, the company reported revenue of DKK 97,622,640 and a net result of DKK 2,349,981 compared with DKK 2,406,513 the year before. Equity in the 2025 report amounted to DKK 28,315,019.
Source: annual report 2025, Danish Business Authority
KINGSPAN A/S exhibits a mixed financial health profile, with fluctuating revenues and profits over the past few years. Revenue increased from 67.5 million DKK in 2023 to 97.6 million DKK in 2025, while profit has shown slight variability, peaking at 2.4 million DKK in 2024 before dropping to 2.3 million DKK in 2025. The company's equity has steadily improved, rising from 19.7 million DKK in 2021 to 28.3 million DKK in 2025, indicating a strengthening balance sheet. However, the significant drop in revenue from 142.4 million DKK in 2022 raises concerns about market stability and operational efficiency. Overall, KINGSPAN A/S is positioned within the building materials industry, but its profitability margins and revenue volatility warrant close monitoring.
AI-generated summary · Generated 13/06/2026
Selskabets formål er handel og dermed i forbindelse stående virksomhed.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 97.6 mio. | 2.3 mio. | 39.6 mio. | 28.3 mio. | 10 | |
| 202401/01/2024 – 31/12/2024 | 91.3 mio. | 2.4 mio. | 31.4 mio. | 26 mio. | 10 | |
| 202301/01/2023 – 31/12/2023 | 67.5 mio. | 1.5 mio. | 28.6 mio. | 23.6 mio. | 11 | |
| 202201/01/2022 – 31/12/2022 | 142.4 mio. | 2.2 mio. | 30.3 mio. | 22 mio. | 10 | |
| 202101/01/2021 – 31/12/2021 | 104.4 mio. | 579 t. | 30.3 mio. | 19.7 mio. | 8 | |
| 202001/01/2020 – 31/12/2020 | 91.6 mio. | 1.3 mio. | 28 mio. | 18.9 mio. | 8 | |
| 201901/01/2019 – 31/12/2019 | - | 1.4 mio. | 24.5 mio. | 17.6 mio. | 11 | |
| 201801/01/2018 – 31/12/2018 | - | 2.1 mio. | 20.8 mio. | 16.2 mio. | 8 | |
| 201701/01/2017 – 31/12/2017 | - | 850 t. | 24.3 mio. | 11.3 mio. | 7 | |
| 201601/01/2016 – 31/12/2016 | - | 1.7 mio. | 16.2 mio. | 10.5 mio. | 7 | |
| 201501/01/2015 – 31/12/2015 | - | 1.2 mio. | 14.8 mio. | 8.8 mio. | - | |
| 201401/01/2014 – 31/12/2014 | - | 2.3 mio. | 15.2 mio. | 8.4 mio. | - | |
| 201301/01/2013 – 31/12/2013 | - | 4.8 mio. | 24.9 mio. | 16.1 mio. | - |
Compared to 748 companies in Engroshandel med træ og byggematerialer samt sanitetsartikler
Comparison is based on industry median values
Screen owners and management against the Danish FSA's official PEP lists
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Read about the CDS scoreThe CVR number of KINGSPAN A/S is 26065267.
KINGSPAN A/S is owned by Kingspan GmbH.
The management of KINGSPAN A/S consists of Sina Sabzi.
The board of KINGSPAN A/S consists of David Kasik, Michal Cervinka and Thomas Flynn, with David Kasik as chair.
In 2025, KINGSPAN A/S reported revenue of DKK 97,622,640.
KINGSPAN A/S had 10 employees in 2018 according to the Danish CVR register.
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KINGSPAN A/S has published its annual report for 2025. Revenue came to DKK 97,622,640, and the net result was DKK 2,349,981.
As of September 30, 2025, Sina Sabzi is registered as adm. dir. of KINGSPAN A/S.
As of September 30, 2025, Allan Folmer Christensen has stepped down as adm. dir. of KINGSPAN A/S.
KINGSPAN A/S has published its annual report for 2024. Revenue came to DKK 91,276,078, and the net result was DKK 2,406,513.
As of March 31, 2025, David Kasik has joined the board of directors of KINGSPAN A/S.
As of March 31, 2025, Thomas Flynn has joined the board of directors of KINGSPAN A/S.
As of March 31, 2025, Michal Cervinka has joined the board of directors of KINGSPAN A/S.
As of March 31, 2025, David McMahon has left the board of directors of KINGSPAN A/S.
As of March 31, 2025, Jitka Nemcova has left the board of directors of KINGSPAN A/S.
As of March 30, 2025, David Kasik has left the board of directors of KINGSPAN A/S.
KINGSPAN A/S has published its annual report for 2023. Revenue came to DKK 67,545,152, and the net result was DKK 1,463,038.
KINGSPAN A/S has published its annual report for 2022. Revenue came to DKK 142,415,935, and the net result was DKK 2,184,371.
KINGSPAN A/S has published its annual report for 2021. Revenue came to DKK 104,395,538, and the net result was DKK 578,738.
As of December 3, 2021, Allan Folmer Christensen is registered as adm. dir. of KINGSPAN A/S.
As of December 3, 2021, Per Baumann Røddik has stepped down as adm. dir. of KINGSPAN A/S.
KINGSPAN A/S has published its annual report for 2020. Revenue came to DKK 91,613,692, and the net result was DKK 1,286,761.
As of October 6, 2020, EY Godkendt Revisionspartnerselskab has been appointed auditor of KINGSPAN A/S.
As of October 6, 2020, KPMG P/S has stepped down as auditor of KINGSPAN A/S.
KINGSPAN A/S has published its annual report for 2019. Gross profit came to DKK 9,477,758, and the net result was DKK 1,436,457.
As of December 31, 2019, is registered as an owner of KINGSPAN A/S with an ownership share of 100%.
KINGSPAN A/S has published its annual report for 2018. Gross profit came to DKK 9,938,971, and the net result was DKK 2,069,410.
As of April 1, 2019, David Kasik has joined the board of directors of KINGSPAN A/S.
As of April 1, 2019, Jitka Nemcova has joined the board of directors of KINGSPAN A/S.
As of April 1, 2019, Christopher Garret Crowe has left the board of directors of KINGSPAN A/S.
As of April 1, 2019, Bozena Leskova has left the board of directors of KINGSPAN A/S.
KINGSPAN A/S has published its annual report for 2017. Gross profit came to DKK 6,397,196, and the net result was DKK 850,190.
As of November 13, 2017, David McMahon has joined the board of directors of KINGSPAN A/S.
As of November 13, 2017, Bozena Leskova has joined the board of directors of KINGSPAN A/S.
As of November 13, 2017, Paul Francis O'Gorman has left the board of directors of KINGSPAN A/S.
As of November 13, 2017, Nigel Stuart Croft has left the board of directors of KINGSPAN A/S.
KINGSPAN A/S has published its annual report for 2016. Gross profit came to DKK 7,609,000, and the net result was DKK 1,675,000.
KINGSPAN A/S has published its annual report for 2015. Gross profit came to DKK 7,991,000, and the net result was DKK 1,219,000.
KINGSPAN A/S has published its annual report for 2014. Gross profit came to DKK 5,703,000, and the net result was DKK 2,250,000.
As of July 4, 2014, KPMG P/S has been appointed auditor of KINGSPAN A/S.
As of July 4, 2014, EY Godkendt Revisionspartnerselskab has stepped down as auditor of KINGSPAN A/S.
KINGSPAN A/S has published its annual report for 2013. Gross profit came to DKK 12,674,990, and the net result was DKK 4,848,411.
As of December 18, 2013, Paul Francis O'Gorman has joined the board of directors of KINGSPAN A/S.
As of December 18, 2013, Nigel Stuart Croft has joined the board of directors of KINGSPAN A/S.
As of December 18, 2013, Christopher Garret Crowe has joined the board of directors of KINGSPAN A/S.
As of December 18, 2013, Thomas Alphonsus McGuinness has left the board of directors of KINGSPAN A/S.
As of December 18, 2013, Peter James Cameron Bullough has left the board of directors of KINGSPAN A/S.
As of December 18, 2013, Gilbert McCarthy has left the board of directors of KINGSPAN A/S.
KINGSPAN A/S has published its interim report for the period October 1, 2011 – December 31, 2012.
As of September 19, 2012, Thomas Alphonsus McGuinness has joined the board of directors of KINGSPAN A/S.
As of September 19, 2012, Peter James Cameron Bullough has joined the board of directors of KINGSPAN A/S.
As of September 19, 2012, Gilbert McCarthy has joined the board of directors of KINGSPAN A/S.
As of September 19, 2012, Horst Dieter Schulz has left the board of directors of KINGSPAN A/S.
As of September 19, 2012, Thomas Polonyi has left the board of directors of KINGSPAN A/S.
As of September 19, 2012, Volker Senger has left the board of directors of KINGSPAN A/S.
As of April 1, 2009, Per Baumann Røddik is registered as adm. dir. of KINGSPAN A/S.
As of March 31, 2009, Richard Odgaard has stepped down as director of KINGSPAN A/S.
As of February 8, 2008, EY Godkendt Revisionspartnerselskab has been appointed auditor of KINGSPAN A/S.
As of February 8, 2008, Kpmg C Jespersen has stepped down as auditor of KINGSPAN A/S.
As of February 8, 2008, Horst Dieter Schulz has joined the board of directors of KINGSPAN A/S.
As of February 8, 2008, Thomas Polonyi has joined the board of directors of KINGSPAN A/S.
As of February 8, 2008, Volker Senger has joined the board of directors of KINGSPAN A/S.
As of February 8, 2008, Peter Heinrich Segler has left the board of directors of KINGSPAN A/S.
As of February 8, 2008, Jacques Alphonse Jules Castelein has left the board of directors of KINGSPAN A/S.
As of February 8, 2008, Dorjee Leendert has left the board of directors of KINGSPAN A/S.
As of January 10, 2007, Dorjee Leendert has joined the board of directors of KINGSPAN A/S.
As of January 10, 2007, Martin Kaiser has left the board of directors of KINGSPAN A/S.
As of April 25, 2005, Jacques Alphonse Jules Castelein has joined the board of directors of KINGSPAN A/S.
As of April 25, 2005, Martin Kaiser has joined the board of directors of KINGSPAN A/S.
As of April 25, 2005, DR Torsten Schlüter has left the board of directors of KINGSPAN A/S.
As of April 25, 2005, Horst Dieter Schulz has left the board of directors of KINGSPAN A/S.
As of July 15, 2002, Horst Dieter Schulz has joined the board of directors of KINGSPAN A/S.
As of July 15, 2002, Peter Heinrich Segler has joined the board of directors of KINGSPAN A/S.
As of July 15, 2002, Heinz-Dieter Darkow has left the board of directors of KINGSPAN A/S.
As of July 15, 2002, Hans Maurer has left the board of directors of KINGSPAN A/S.
As of May 17, 2001, Kpmg C Jespersen has been appointed auditor of KINGSPAN A/S.
As of May 17, 2001, Heinz-Dieter Darkow has joined the board of directors of KINGSPAN A/S.
As of May 17, 2001, Hans Maurer has joined the board of directors of KINGSPAN A/S.
As of May 17, 2001, DR Torsten Schlüter has joined the board of directors of KINGSPAN A/S.
As of May 17, 2001, Richard Odgaard is registered as director of KINGSPAN A/S.
KINGSPAN A/S was founded on May 17, 2001.
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