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BADELEMENT A/S

CVR: 31752469

Growing 30% p.a.Medium companyWell-established (17 yrs)Loss-making

Secondary names: Modulhuset A/S, Bad Element A/S

Previous names: BAD ELEMENT ApS, BAD ELEMENT A/S

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About BADELEMENT A/S

BADELEMENT A/S is a Danish company of the type Aktieselskab based in Horsens, founded in 2008. The company is registered under the industry Engroshandel med træ og byggematerialer samt sanitetsartikler. The company was previously named BAD ELEMENT A/S and BAD ELEMENT ApS. The management consists of Henning Aabo Jørgensen, Hans Henrik Nielsen and Nicolai Bloch Tobiesen. The company is owned by Baldo Acquisition ApS. The company has 47 employees. In 2025, the company reported revenue of DKK 431,631,000 and a net result of DKK -15,634,000 compared with DKK -24,941,000 the year before. Equity amounted to DKK 31,648,000.

The financial health of BADELEMENT A/S appears to be declining, with a notable shift from profitability in 2021 to consistent losses over the following years. Revenue peaked at 450 million DKK in 2021 but has since decreased to 431 million DKK in 2025, indicating a downward trend. The company's equity has also diminished from 54 million DKK in 2021 to 31 million DKK in 2025, raising concerns about its financial stability. While operating in the wholesale trade of wood and building materials, the company faces challenges in maintaining profitability and managing its equity effectively amidst increasing operational losses.

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Overview

Company type
A/S
Aktieselskab
Address
Levysgade 14 st., 8700 Horsens
HORSENS
8700 Horsens
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Founded
9.9.2008

Details

Industry
Engroshandel med træ og byggematerialer samt sanitetsartikler
Code: 468300
Employees
47 employees
46 FTE
(2018)
Capital
500.000 kr.

Contact

Advertising protected

Purpose

Selskabets formål er at udøve handelsvirksomhed, herunder import og eksport samt anden hermed beslægtet virksomhed.

Location

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Financials

YearRevenueProfit/LossTotal AssetsEquityEmployeesReport
2025431.6 mio.-15.6 mio.185 mio.31.6 mio.53
2024298.8 mio.-24.9 mio.144.2 mio.45.7 mio.50
2023317.9 mio.-6.9 mio.136.6 mio.33.9 mio.50
2022350.7 mio.-21.6 mio.124.8 mio.39.3 mio.52
2021450.1 mio.13.4 mio.145.5 mio.54.3 mio.51
2020436.9 mio.21 mio.157.3 mio.63.2 mio.47
2019465.6 mio.25.7 mio.159.2 mio.69.7 mio.38
2018-17.3 mio.176 mio.61 mio.22
2017-35.1 mio.141.5 mio.63.1 mio.13
2016-33.7 mio.123.2 mio.43.3 mio.11
2015-17.4 mio.111.1 mio.34.4 mio.0
2014-6.8 mio.48.8 mio.21.5 mio.-
2013-11.1 mio.42.1 mio.23.7 mio.-
2012-6.7 mio.32.7 mio.12.4 mio.-

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Industry Benchmarks

View industry report

Compared to 753 companies in Engroshandel med træ og byggematerialer samt sanitetsartikler

Revenue
Company431.6 mio.
Industry median3.2 mio.
136.9x
Profit margin
Company-3.6%
Industry median24.0%
100% below
Employees
Company53
Industry median6
8.8x
Equity ratio
Company17.1%
Industry median52.0%
3.0x below

Comparison is based on industry median values

Ownership

Owners
Baldo Acquisition ApS
CVR: 38640569
100%
BADELEMENT A/S
CVR: 31752469

Public contracts

5 public tenders won

A – Byggemodning
AG Construction A/S10/07/202666.126.063 kr.
Y031 - GA, Gartner
Nordstern ApS10/02/202640.779.013 kr.
Betonelementer
Boligforeningen VIBO14/10/202522.474.000 kr.
Entreprise A, Byggemodning
AG Construction A/S for Samvirkende Boligselskaber, SAB, eller ordre30/04/202469.429.325 kr.
Entreprise A, Byggemodningsentreprisen
AG Construction A/S for Køhlers Have ApS eller ordre10/04/202447.317.083 kr.

Sources: TED (the EU tender database) and udbud.dk

Management

Directors

Hans Henrik Nielsen(ADM. DIR.)
Bernd Strack(MEDLEM)
Henning Aabo Jørgensen(DIREKTØR)
Joachim Horst Scholz(MEDLEM)
Nicolai Bloch Tobiesen(MEDLEM)

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Founders

Finn Nielsen

Production units (1)

BADELEMENT A/S
P-no: 1014705704
Levysgade 14 st., 8700, Horsens
Engroshandel med træ og byggematerialer samt sanitetsartikler
47 employees

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History

53 events
2026
BADELEMENT A/S wins public contractJul 10, 2026

BADELEMENT A/S has won the tender "A – Byggemodning" issued by AG Construction A/S worth 66,126,063 DKK.

BADELEMENT A/S: The 2025 annual report is outJul 2, 2026

BADELEMENT A/S has published its annual report for 2025. Revenue came to DKK 431,631,000, and the net result was DKK -15,634,000.

Bernd Strack joins BADELEMENT A/S as memberFeb 24, 2026

As of February 24, 2026, Bernd Strack is registered as member of BADELEMENT A/S.

Joachim Horst Scholz joins BADELEMENT A/S as memberFeb 24, 2026

As of February 24, 2026, Joachim Horst Scholz is registered as member of BADELEMENT A/S.

Stefan Andreas Walter Happak steps down as member of BADELEMENT A/SFeb 24, 2026

As of February 24, 2026, Stefan Andreas Walter Happak has stepped down as member of BADELEMENT A/S.

Wolfgang Ziegler steps down as member of BADELEMENT A/SFeb 24, 2026

As of February 24, 2026, Wolfgang Ziegler has stepped down as member of BADELEMENT A/S.

BADELEMENT A/S wins public contractFeb 10, 2026

BADELEMENT A/S has won the tender "Y031 - GA, Gartner" issued by Nordstern ApS worth 40,779,013 DKK.

2025
BADELEMENT A/S wins public contractOct 14, 2025

BADELEMENT A/S has won the tender "Betonelementer" issued by Boligforeningen VIBO worth 22,474,000 DKK.

BADELEMENT A/S: The 2024 annual report is outJul 1, 2025

BADELEMENT A/S has published its annual report for 2024. Revenue came to DKK 298,790,000, and the net result was DKK -24,941,000.

2024
BADELEMENT A/S: The 2023 annual report is outJun 28, 2024

BADELEMENT A/S has published its annual report for 2023. Revenue came to DKK 317,885,000, and the net result was DKK -6,910,000.

BADELEMENT A/S wins public contractApr 30, 2024

BADELEMENT A/S has won the tender "Entreprise A, Byggemodning" issued by AG Construction A/S for Samvirkende Boligselskaber, SAB, eller ordre worth 69,429,325 DKK.

BADELEMENT A/S wins public contractApr 10, 2024

BADELEMENT A/S has won the tender "Entreprise A, Byggemodningsentreprisen" issued by AG Construction A/S for Køhlers Have ApS eller ordre worth 47,317,083 DKK.

2023
BADELEMENT A/S: The 2022 annual report is outJun 30, 2023

BADELEMENT A/S has published its annual report for 2022. Revenue came to DKK 350,659,000, and the net result was DKK -21,574,000.

Nicolai Bloch Tobiesen joins BADELEMENT A/S as memberJun 30, 2023

As of June 30, 2023, Nicolai Bloch Tobiesen is registered as member of BADELEMENT A/S.

Peter Schulz steps down as member of BADELEMENT A/SJun 30, 2023

As of June 30, 2023, Peter Schulz has stepped down as member of BADELEMENT A/S.

2022
BADELEMENT A/S: The 2021 annual report is outFeb 7, 2022

BADELEMENT A/S has published its annual report for 2021. Revenue came to DKK 450,063,000, and the net result was DKK 13,393,000.

2021
BADELEMENT A/S: The 2020 annual report is outFeb 5, 2021

BADELEMENT A/S has published its annual report for 2020. Revenue came to DKK 436,888,000, and the net result was DKK 21,030,000.

Lise Jørgensen steps down as director of BADELEMENT A/SJan 31, 2021

As of January 31, 2021, Lise Jørgensen has stepped down as director of BADELEMENT A/S.

BADELEMENT A/S appoints new auditorJan 30, 2021

As of January 30, 2021, DELOITTE STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of BADELEMENT A/S.

Auditor steps down at BADELEMENT A/SJan 30, 2021

As of January 30, 2021, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of BADELEMENT A/S.

2020
BADELEMENT A/S: The 2019 annual report is outJan 31, 2020

BADELEMENT A/S has published its annual report for 2019. Revenue came to DKK 465,635,000, and the net result was DKK 25,658,000.

2019
Hans Henrik Nielsen joins BADELEMENT A/S as adm. dir.Sep 1, 2019

As of September 1, 2019, Hans Henrik Nielsen is registered as adm. dir. of BADELEMENT A/S.

Jesper Langberg steps down as adm. dir. of BADELEMENT A/SApr 30, 2019

As of April 30, 2019, Jesper Langberg has stepped down as adm. dir. of BADELEMENT A/S.

BADELEMENT A/S: The 2018 annual report is outFeb 19, 2019

BADELEMENT A/S has published its annual report for 2018. Gross profit came to DKK 35,189,000, and the net result was DKK 17,270,000.

2018
BAD ELEMENT A/S changes name to BADELEMENT A/SDec 7, 2018

On December 7, 2018, the company changed its name from BAD ELEMENT A/S to BADELEMENT A/S.

Jesper Langberg joins BADELEMENT A/S as adm. dir.Jun 1, 2018

As of June 1, 2018, Jesper Langberg is registered as adm. dir. of BADELEMENT A/S.

BADELEMENT A/S: The 2017 annual report is outFeb 22, 2018

BADELEMENT A/S has published its annual report for 2017. Gross profit came to DKK 57,946,000, and the net result was DKK 35,127,000.

2017
BADELEMENT A/S appoints new auditorSep 22, 2017

As of September 22, 2017, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of BADELEMENT A/S.

Auditor steps down at BADELEMENT A/SSep 22, 2017

As of September 22, 2017, EY Godkendt Revisionspartnerselskab has stepped down as auditor of BADELEMENT A/S.

Stefan Andreas Walter Happak joins BADELEMENT A/S as memberAug 12, 2017

As of August 12, 2017, Stefan Andreas Walter Happak is registered as member of BADELEMENT A/S.

BAD ELEMENT ApS changes name to BAD ELEMENT A/SAug 12, 2017

On August 12, 2017, the company changed its name from BAD ELEMENT ApS to BAD ELEMENT A/S.

Wolfgang Ziegler joins BADELEMENT A/S as memberJun 6, 2017

As of June 6, 2017, Wolfgang Ziegler is registered as member of BADELEMENT A/S.

Peter Schulz joins BADELEMENT A/S as memberJun 6, 2017

As of June 6, 2017, Peter Schulz is registered as member of BADELEMENT A/S.

Baldo Acquisition ApS registered as owner of BADELEMENT A/SJun 1, 2017

As of June 1, 2017, Baldo Acquisition ApS is registered as an owner of BADELEMENT A/S with an ownership share of 100%.

BADELEMENT A/S: The 2016 annual report is outMay 8, 2017

BADELEMENT A/S has published its annual report for 2016. Gross profit came to DKK 48,552,427, and the net result was DKK 33,702,594.

2016
BADELEMENT A/S: The 2015 annual report is outMay 20, 2016

BADELEMENT A/S has published its annual report for 2015. The net result was DKK 17,359,962.

2015
BADELEMENT A/S: The 2014 annual report is outJun 27, 2015

BADELEMENT A/S has published its annual report for 2014. Gross profit came to DKK 15,358,217, and the net result was DKK 6,818,389.

2014
BADELEMENT A/S: The 2013 annual report is outMar 20, 2014

BADELEMENT A/S has published its annual report for 2013. Gross profit came to DKK 19,386,097, and the net result was DKK 11,131,485.

2013
BADELEMENT A/S: The 2012 annual report is outApr 8, 2013

BADELEMENT A/S has published its annual report for 2012. Gross profit came to DKK 14,312,641, and the net result was DKK 6,718,107.

Johan Dein Ladegaard leaves the board of BADELEMENT A/SJan 14, 2013

As of January 14, 2013, Johan Dein Ladegaard has left the board of directors of BADELEMENT A/S.

Lise Jørgensen leaves the board of BADELEMENT A/SJan 14, 2013

As of January 14, 2013, Lise Jørgensen has left the board of directors of BADELEMENT A/S.

Henning Aabo Jørgensen leaves the board of BADELEMENT A/SJan 14, 2013

As of January 14, 2013, Henning Aabo Jørgensen has left the board of directors of BADELEMENT A/S.

Henning Aabo Jørgensen joins BADELEMENT A/S as directorJan 14, 2013

As of January 14, 2013, Henning Aabo Jørgensen is registered as director of BADELEMENT A/S.

2012
Henning Aabo Jørgensen joins the board of BADELEMENT A/SMar 14, 2012

As of March 14, 2012, Henning Aabo Jørgensen has joined the board of directors of BADELEMENT A/S.

Finn Nielsen leaves the board of BADELEMENT A/SMar 14, 2012

As of March 14, 2012, Finn Nielsen has left the board of directors of BADELEMENT A/S.

BADELEMENT A/S appoints new auditorJan 1, 2012

As of January 1, 2012, EY Godkendt Revisionspartnerselskab has been appointed auditor of BADELEMENT A/S.

Auditor steps down at BADELEMENT A/SJan 1, 2012

As of January 1, 2012, QURIOS, STATSAUTORISERET REVISIONSANPARTSSELSKAB P/S UNDER STIFTELSE has stepped down as auditor of BADELEMENT A/S.

2008
BADELEMENT A/S appoints new auditorSep 9, 2008

As of September 9, 2008, QURIOS, STATSAUTORISERET REVISIONSANPARTSSELSKAB P/S UNDER STIFTELSE has been appointed auditor of BADELEMENT A/S.

Johan Dein Ladegaard joins the board of BADELEMENT A/SSep 9, 2008

As of September 9, 2008, Johan Dein Ladegaard has joined the board of directors of BADELEMENT A/S.

Lise Jørgensen joins the board of BADELEMENT A/SSep 9, 2008

As of September 9, 2008, Lise Jørgensen has joined the board of directors of BADELEMENT A/S.

Finn Nielsen joins the board of BADELEMENT A/SSep 9, 2008

As of September 9, 2008, Finn Nielsen has joined the board of directors of BADELEMENT A/S.

Lise Jørgensen joins BADELEMENT A/S as directorSep 9, 2008

As of September 9, 2008, Lise Jørgensen is registered as director of BADELEMENT A/S.

BADELEMENT A/S is foundedSep 9, 2008

BADELEMENT A/S was founded on September 9, 2008.

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