CVR: 37259462
DKK 20,408,237
Gross profit
Net result: DKK 6,826,150
Saudi Napesco Company Limited
CVR · view ownership and management
Owner registered: Saudi Napesco Company Limited
CVR · 21/06/2023
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Oreco A/S is a Danish company of the type Aktieselskab based in Ballerup, founded in 2015. The company is registered under the industry Fremstilling af andre maskiner til generelle formål i.a.n.. The management consists of Ole Meldgaard Nielsen. The company is owned by Saudi Napesco Company Limited. The company has 10 employees (2018). In 2025, the company reported a gross profit of DKK 20,408,237 and a net result of DKK 6,826,150 compared with DKK 1,625,588 the year before. Equity in the 2025 report amounted to DKK 21,101,044.
Source: annual report 2025, Danish Business Authority
Oreco A/S has shown a significant improvement in financial health over the past few years, particularly in profitability and gross profit margins. In 2025, the company reported a gross profit of 20,408,237 DKK and a profit of 6,826,150 DKK, marking a substantial increase from a loss of 6,534,867 DKK in 2022. Equity has also grown steadily, reaching 21,101,044 DKK in 2025, indicating a strong capital position. However, the absence of revenue figures raises concerns about the sustainability of its growth trajectory. Overall, Oreco A/S appears to be on a positive path within the machinery manufacturing industry, leveraging improved margins and profitability to strengthen its market position.
AI-generated summary · Generated 15/08/2026
Selskabets formål er at udvikle og kommercialisere metoder og systemer til rengøring af tanke, bearbejdning af olieholdigt slam, produktion af PSA gas systemer samt anden erhvervsvirksomhed efter bestyrelsens skøn.
Source: annual reports filed with the Danish Business Authority.
| Period | Gross Profit | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 20.4 mio. | 6.8 mio. | 52.2 mio. | 21.1 mio. | 11 | |
| 202401/01/2024 – 31/12/2024 | 16.2 mio. | 1.6 mio. | 39.3 mio. | 14.3 mio. | 11 | |
| 202301/01/2023 – 31/12/2023 | 19.6 mio. | 1.9 mio. | 41.3 mio. | 12.6 mio. | 11 | |
| 202201/01/2022 – 31/12/2022 | 6.3 mio. | -6.5 mio. | 35.8 mio. | 10.8 mio. | 12 | |
| 202101/01/2021 – 31/12/2021 | 12.4 mio. | -2 mio. | 25.2 mio. | 17.3 mio. | 12 | |
| 202001/01/2020 – 31/12/2020 | 10 mio. | -6.3 mio. | 37 mio. | 19.3 mio. | 15 | |
| 201901/01/2019 – 31/12/2019 | 10.8 mio. | -4.5 mio. | 54.2 mio. | 25.6 mio. | 13 | |
| 201801/01/2018 – 31/12/2018 | 9.9 mio. | -2.6 mio. | 37.5 mio. | 23.6 mio. | 10 | |
| 201701/01/2017 – 31/12/2017 | 9.3 mio. | -3.5 mio. | 50.9 mio. | 7 mio. | 11 | |
| 201601/01/2016 – 31/12/2016 | 12.3 mio. | 969 t. | 38.6 mio. | 10.6 mio. | 10 |
Compared to 180 companies in Fremstilling af andre maskiner til generelle formål i.a.n.
Comparison is based on industry median values
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See the CDS score and get a full credit report with recommended credit limit and payment terms.
Read about the CDS scoreOreco A/S was founded on 26 November 2015.
Oreco A/S is registered under the industry Fremstilling af andre maskiner til generelle formål i.a.n. (industry code 282900).
Oreco A/S had 10 employees in 2018 according to the Danish CVR register.
Oreco A/S is owned by Saudi Napesco Company Limited.
oreco.com belongs to Oreco A/S, CVR number 37259462.
In 2025, Oreco A/S reported a gross profit of DKK 20,408,237.
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Oreco A/S has published its annual report for 2025. Gross profit came to DKK 20,408,237, and the net result was DKK 6,826,150.
Oreco A/S has published its annual report for 2024. Gross profit came to DKK 16,188,010, and the net result was DKK 1,625,588.
Oreco A/S has published its annual report for 2023. Gross profit came to DKK 19,598,156, and the net result was DKK 1,868,928.
As of January 4, 2024, CHRISTENSEN KJÆRULFF STATSAUTORISERET REVISIONSAKTIESELSKAB has been appointed auditor of Oreco A/S.
As of January 4, 2024, Grant Thornton, Godkendt Revisionspartnerselskab has stepped down as auditor of Oreco A/S.
As of December 12, 2023, Radad Saeed R. Al Zahrani has joined the board of directors of Oreco A/S.
As of December 12, 2023, Saeed Raddad Al Zahrani has left the board of directors of Oreco A/S.
As of June 21, 2023, Ole Meldgaard Nielsen has joined the board of directors of Oreco A/S.
As of June 21, 2023, Saeed Raddad Al Zahrani has joined the board of directors of Oreco A/S.
As of June 21, 2023, Mohammed Hassan Al Zahrani has joined the board of directors of Oreco A/S.
As of June 21, 2023, Michael Jørgen Peytz has left the board of directors of Oreco A/S.
As of June 21, 2023, Bent Anders Lund Hansen has left the board of directors of Oreco A/S.
As of June 21, 2023, Nina Christiane Movin has left the board of directors of Oreco A/S.
As of June 21, 2023, Birgitte Brinch Madsen has left the board of directors of Oreco A/S.
As of June 21, 2023, Ann-Sofie Østberg Bjergby has left the board of directors of Oreco A/S.
As of June 21, 2023, is registered as an owner of Oreco A/S with an ownership share of 100%.
Oreco A/S has published its annual report for 2022. Gross profit came to DKK 6,289,929, and the net result was DKK -6,534,867.
As of December 31, 2022, Per Høholt has left the board of directors of Oreco A/S.
Oreco A/S has published its annual report for 2021. Gross profit came to DKK 12,432,323, and the net result was DKK -1,975,129.
As of October 1, 2021, Ole Meldgaard Nielsen is registered as adm. dir. of Oreco A/S.
As of September 30, 2021, Kåre Wessel Wetlesen has stepped down as adm. dir. of Oreco A/S.
Oreco A/S has published its annual report for 2020. Gross profit came to DKK 10,032,829, and the net result was DKK -6,325,048.
As of April 13, 2021, Ann-Sofie Østberg Bjergby has joined the board of directors of Oreco A/S.
Oreco A/S has published its annual report for 2019. Gross profit came to DKK 10,759,888, and the net result was DKK -4,530,946.
Oreco A/S has published its annual report for 2018. Gross profit came to DKK 9,901,912, and the net result was DKK -2,588,257.
As of August 1, 2018, Birgitte Brinch Madsen has joined the board of directors of Oreco A/S.
As of August 1, 2018, Stig Bøgh Karlsen has left the board of directors of Oreco A/S.
Oreco A/S has published its annual report for 2017. Gross profit came to DKK 9,283,468, and the net result was DKK -3,510,902.
As of April 5, 2018, Bent Anders Lund Hansen has joined the board of directors of Oreco A/S.
As of May 3, 2017, Grant Thornton, Godkendt Revisionspartnerselskab has been appointed auditor of Oreco A/S.
As of May 3, 2017, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of Oreco A/S.
As of May 3, 2017, Nina Christiane Movin has joined the board of directors of Oreco A/S.
As of May 3, 2017, Ulrik Bülow has left the board of directors of Oreco A/S.
Oreco A/S has published its annual report for 2016. Gross profit came to DKK 12,304,298, and the net result was DKK 968,775.
Oreco A/S has published its interim report for the period November 26, 2015 – December 31, 2015.
As of November 26, 2015, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of Oreco A/S.
As of November 26, 2015, Michael Jørgen Peytz has joined the board of directors of Oreco A/S.
As of November 26, 2015, Stig Bøgh Karlsen has joined the board of directors of Oreco A/S.
As of November 26, 2015, Ulrik Bülow has joined the board of directors of Oreco A/S.
As of November 26, 2015, Per Høholt has joined the board of directors of Oreco A/S.
As of November 26, 2015, Kåre Wessel Wetlesen is registered as adm. dir. of Oreco A/S.
Oreco A/S was founded on November 26, 2015.
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