CVR: 28511809
Secondary names: Westermann A/S, Tøpholm Holding A/S, PV17 A/S
Previous names: WIDEX HOLDING A/S
DKK 19,251,000,000
Revenue
Net result: DKK -347,000,000
Anders Steen Westermann, Jan Tøpholm
8 more
CVR · view ownership and management
Owner registered: Anders Steen Westermann
CVR · 27/03/2026
View the full event history
T&W Medical A/S is a Danish company of the type Aktieselskab based in Lynge, founded in 2005. The company is registered under the industry Ikke-finansielle hovedsæders aktiviteter. The company was previously named WIDEX HOLDING A/S. The management consists of Lars Nørgaard. The company's owners include Anders Steen Westermann, Jan Tøpholm and Søren Erik Westermann. In 2025, the company reported revenue of DKK 19,251,000,000 and a net result of DKK -347,000,000 compared with DKK -9,314,000,000 the year before. Equity in the 2025 report amounted to DKK 9,983,000,000.
Source: annual report 2025, Danish Business Authority
The financial health of T&W Medical A/S shows significant volatility, with a concerning trend of declining profitability over recent years. Revenue increased from 15.3 billion DKK in 2021 to 19.3 billion DKK in 2025, but the company reported substantial losses, including a profit of -9.3 billion DKK in 2024. Equity has fluctuated, dropping from 15.8 billion DKK in 2021 to 9.98 billion DKK in 2025, indicating potential challenges in maintaining financial stability. While the revenue growth suggests a strong market presence, the persistent losses and declining equity raise concerns about operational efficiency and long-term viability within the industry.
AI-generated summary · Generated 26/03/2026
Selskabets formål er at eje aktier, anparter og andre værdipapirer og aktiver, inkl. fast ejendom, samt at drive investerings- og servicevirksomhed samt enhver aktivitet beslægtet hermed
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/10/2024 – 30/09/2025 | 19.3 mia. | -347 mio. | 42 mia. | 10 mia. | 12654 | |
| 202401/10/2023 – 30/09/2024 | 19.7 mia. | -9.3 mia. | 44.7 mia. | 8.6 mia. | 12833 | |
| 202301/10/2022 – 30/09/2023 | 18.4 mia. | -264 mio. | 55.9 mia. | 14.6 mia. | 12682 | |
| 202201/10/2021 – 30/09/2022 | 17.5 mia. | -1.8 mia. | 56.4 mia. | 15.2 mia. | 12111 | |
| 202101/10/2020 – 30/09/2021 | 15.3 mia. | 237.4 mio. | 55.5 mia. | 15.8 mia. | - | |
| 202001/10/2019 – 30/09/2020 | 13 mia. | -1.8 mia. | 55.7 mia. | 17.3 mia. | - | |
| 201801/05/2017 – 30/04/2018 | - | 371.2 mio. | 3.5 mia. | 886.2 mio. | 4217 | |
| 201701/05/2016 – 30/04/2017 | 0 | 353.1 mio. | 3.6 mia. | 1.5 mia. | 4065 | |
| 201601/05/2015 – 30/04/2016 | 0 | 163.2 mio. | 3.2 mia. | 1.3 mia. | 3974 | |
| 201501/05/2014 – 30/04/2015 | 0 | 33.8 mio. | 2.4 mia. | 1.2 mia. | 3700 | |
| 201401/05/2013 – 30/04/2014 | 0 | -261 mio. | 2.6 mia. | 1 mia. | 3604 | |
| 201301/05/2012 – 30/04/2013 | 0 | -368 mio. | 1.6 mia. | 393.1 mio. | 3682 |
Compared to 513 companies in Ikke-finansielle hovedsæders aktiviteter
Comparison is based on industry median values
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Try company screeningT&W Medical A/S was founded on 22 March 2005.
T&W Medical A/S is registered under the industry Ikke-finansielle hovedsæders aktiviteter (industry code 701010).
The owners of T&W Medical A/S include Anders Steen Westermann, Jan Tøpholm and Søren Erik Westermann.
In 2025, T&W Medical A/S reported revenue of DKK 19,251,000,000.
The management of T&W Medical A/S consists of Lars Nørgaard.
T&W Medical A/S is located at Nymøllevej 6, 3540 Lynge.
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As of March 27, 2026, Anders Steen Westermann is registered as an owner of T&W Medical A/S.
As of March 27, 2026, Jan Tøpholm is registered as an owner of T&W Medical A/S.
As of March 27, 2026, Søren Erik Westermann is registered as an owner of T&W Medical A/S.
As of March 27, 2026, Richard Tøpholm is registered as an owner of T&W Medical A/S with an ownership share of 10%.
As of March 27, 2026, Julian Tøpholm is registered as an owner of T&W Medical A/S with an ownership share of 10%.
As of March 27, 2026, Christian Emil Westermann is registered as an owner of T&W Medical A/S with an ownership share of 10%.
As of March 27, 2026, Jacob Steen Westermann is registered as an owner of T&W Medical A/S with an ownership share of 5%.
T&W Medical A/S has published its annual report for 2025. Revenue came to DKK 19,251,000,000, and the net result was DKK -347,000,000.
As of March 23, 2026, Adam Westermann is registered as an owner of T&W Medical A/S with an ownership share of 5%.
As of March 23, 2026, Mads Rosendahl Westermann is registered as an owner of T&W Medical A/S with an ownership share of 5%.
As of March 23, 2026, Maja Rosendahl Westermann is registered as an owner of T&W Medical A/S with an ownership share of 5%.
As of September 11, 2025, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of T&W Medical A/S.
As of September 11, 2025, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of T&W Medical A/S.
T&W Medical A/S has published its annual report for 2024. Revenue came to DKK 19,674,000,000, and the net result was DKK -9,314,000,000.
T&W Medical A/S has published its annual report for 2023. Revenue came to DKK 18,371,000,000, and the net result was DKK -264,000,000.
T&W Medical A/S has published its annual report for 2022. Revenue came to DKK 17,493,300,000, and the net result was DKK -1,827,900,000.
T&W Medical A/S has published its annual report for 2021. Revenue came to DKK 15,287,700,000, and the net result was DKK 237,400,000.
T&W Medical A/S has published its annual report for 2020. Revenue came to DKK 12,965,300,000, and the net result was DKK -1,816,400,000.
T&W Medical A/S has published its interim report for the period May 1, 2018 – September 30, 2019.
As of December 7, 2018, Adam Westermann has joined the board of directors of T&W Medical A/S.
On December 7, 2018, the company changed its name from WIDEX HOLDING A/S to T&W Medical A/S.
T&W Medical A/S has published its annual report for 2018. The net result was DKK 371,175,000.
T&W Medical A/S has published its annual report for 2017. Revenue came to DKK 0, and the net result was DKK 353,066,000.
As of September 22, 2017, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of T&W Medical A/S.
As of September 22, 2017, CHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB has stepped down as auditor of T&W Medical A/S.
T&W Medical A/S has published its annual report for 2016. Revenue came to DKK 0, and the net result was DKK 163,226,000.
T&W Medical A/S has published its annual report for 2015. Revenue came to DKK 0, and the net result was DKK 33,783,000.
As of April 22, 2015, Richard Tøpholm has joined the board of directors of T&W Medical A/S.
As of April 22, 2015, Julian Tøpholm has joined the board of directors of T&W Medical A/S.
As of April 22, 2015, Lars Nørgaard is registered as director of T&W Medical A/S.
As of April 22, 2015, Anders Steen Westermann has stepped down as director of T&W Medical A/S.
T&W Medical A/S has published its annual report for 2014. Revenue came to DKK 0, and the net result was DKK -261,046,000.
T&W Medical A/S has published its annual report for 2013. Revenue came to DKK 0, and the net result was DKK -367,984,000.
As of April 27, 2005, Jan Tøpholm has joined the board of directors of T&W Medical A/S.
As of April 27, 2005, Anders Steen Westermann is registered as director of T&W Medical A/S.
As of April 27, 2005, Jan Tøpholm has stepped down as director of T&W Medical A/S.
As of March 22, 2005, CHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB has been appointed auditor of T&W Medical A/S.
As of March 22, 2005, Anders Steen Westermann has joined the board of directors of T&W Medical A/S.
As of March 22, 2005, Søren Erik Westermann has joined the board of directors of T&W Medical A/S.
As of March 22, 2005, Jan Tøpholm is registered as director of T&W Medical A/S.
T&W Medical A/S was founded on March 22, 2005.
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