Owners, management and financials
CVR: 40881239
Secondary names: Bilsby A/S, Bilsby Hedehusene A/S, Bilsby Hvidovre A/S
DKK 110,029,000
Gross profit
Net result: DKK 19,664,000
Algeco Sweden AB (100%)
CVR · view owners
Steinar Aasland
Board: 4 members
CVR · view management
Active
Founded 23 October 2019
CVR · view overview
33 employees
Annual report 2025 · average
Director registered: Steinar Aasland
CVR · 15/12/2023
View the full event history
Algeco Denmark A/S is a Danish company of the type Aktieselskab based in Ringsted, founded in 2019. The company is registered under the industry Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver, bortset fra til events. The management consists of Steinar Aasland. The board consists of James Stewart Christopher Odom, Mads Blom, Mette Ferkingstad and Steinar Aasland. The company is owned by Algeco Sweden AB. According to the 2025 annual report, the company had an average of 33 employees. In 2025, the company reported a gross profit of DKK 110,029,000 and a net result of DKK 19,664,000 compared with DKK -36,810,000 the year before. Equity in the 2025 report amounted to DKK 96,043,000.
Source: annual report 2025, Danish Business Authority
Algeco Denmark A/S has shown a significant turnaround in its financial health, moving from a loss of 45.4 million DKK in 2023 to a profit of 19.7 million DKK in 2025. Gross profit has consistently increased, from 52.8 million DKK in 2021 to 110.0 million DKK in 2025, indicating improving operational efficiency and demand for its leasing services. The company's equity has also strengthened, rising from 11.6 million DKK in 2021 to 96.0 million DKK in 2025, which enhances its financial stability. However, the absence of disclosed revenue figures raises concerns about transparency and market position within the competitive equipment leasing industry. Overall, Algeco Denmark A/S appears to be on a positive trajectory, with improving profitability and equity.
AI-generated summary · Generated 13/08/2026
Selskabets formål er at drive virksomhed med at udvikle, udleje og sælge anlægsaktiver i form af skoler, børnehaver, kontorer og boliger samt anden virksomhed, der står i forbindelse hermed.
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 | 110 mio. | 19.7 mio. | 333.3 mio. | 96 mio. | 33 | |
| 202401/01/2024 – 31/12/2024 | 88.1 mio. | -36.8 mio. | 271.4 mio. | 76.4 mio. | 33 | |
| 202301/01/2023 – 31/12/2023 | 67.5 mio. | -45.4 mio. | 313.3 mio. | 113.2 mio. | 30 | |
| 202201/01/2022 – 31/12/2022 | 63.1 mio. | -30.3 mio. | 312.1 mio. | 81.2 mio. | 19 | |
| 202101/01/2021 – 31/12/2021 | 52.8 mio. | -34.5 mio. | 312.2 mio. | 11.6 mio. | 19 |
Compared to 550 companies in Udlejning og leasing af andet materiel, udstyr og andre materielle aktiver, bortset fra til events
Comparison is based on industry median values
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Sources: TED (the EU tender database) and udbud.dk
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Try company screeningThe CVR number of Algeco Denmark A/S is 40881239.
Algeco Denmark A/S is owned by Algeco Sweden AB.
The management of Algeco Denmark A/S consists of Steinar Aasland.
The board of Algeco Denmark A/S consists of James Stewart Christopher Odom, Mads Blom and Mette Ferkingstad.
In 2025, Algeco Denmark A/S reported a gross profit of DKK 110,029,000.
Algeco Denmark A/S had an average of 33 employees in the 2025 financial year according to the annual report.
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Algeco Denmark A/S has won the tender "Rammeaftale vedrørende leje eller køb af pavilloner" issued by Etablissement- og Terrænkommandoen worth 12,000,000,000 DKK.
Algeco Denmark A/S has published its annual report for 2025. Gross profit came to DKK 110,029,000, and the net result was DKK 19,664,000.
Algeco Denmark A/S has published its annual report for 2024. Gross profit came to DKK 88,094,000, and the net result was DKK -36,810,000.
As of January 24, 2025, Mette Ferkingstad has joined the board of directors of Algeco Denmark A/S.
Algeco Denmark A/S has published its annual report for 2023. Gross profit came to DKK 67,510,000, and the net result was DKK -45,418,000.
Algeco Denmark A/S has won the tender "Genudbud af Rammeaftale vedrørende projektering, etablering og leje af pavilloner med mulighed for køb" issued by Forsvarsministeriets Ejendomsstyrelse worth 100,000,000 DKK.
As of December 15, 2023, Steinar Aasland has joined the board of directors of Algeco Denmark A/S.
As of December 15, 2023, Steinar Aasland has left the board of directors of Algeco Denmark A/S.
As of December 15, 2023, Nils Magnus Kjellin has left the board of directors of Algeco Denmark A/S.
As of December 15, 2023, Steinar Aasland is registered as adm. dir. of Algeco Denmark A/S.
As of December 15, 2023, Nils Magnus Kjellin has stepped down as adm. dir. of Algeco Denmark A/S.
Algeco Denmark A/S has published its annual report for 2022. Gross profit came to DKK 63,095,000, and the net result was DKK -30,333,000.
As of October 19, 2022, Mads Blom has joined the board of directors of Algeco Denmark A/S.
As of October 19, 2022, James Stewart Christopher Odom has joined the board of directors of Algeco Denmark A/S.
As of October 14, 2022, James O'Malley has left the board of directors of Algeco Denmark A/S.
Algeco Denmark A/S has published its annual report for 2021. Gross profit came to DKK 52,834,773, and the net result was DKK -34,467,468.
As of April 18, 2022, Simon Gordon has left the board of directors of Algeco Denmark A/S.
As of December 15, 2021, Sundip Thakrar has left the board of directors of Algeco Denmark A/S.
As of November 2, 2021, Magnus Kjellin has left the board of directors of Algeco Denmark A/S.
As of November 2, 2021, Magnus Kjellin has stepped down as adm. dir. of Algeco Denmark A/S.
Algeco Denmark A/S has published its interim report for the period October 23, 2019 – December 31, 2020.
As of January 21, 2021, Lars Martin Egron Olsson has left the board of directors of Algeco Denmark A/S.
As of October 22, 2020, Steinar Aasland has joined the board of directors of Algeco Denmark A/S.
As of October 22, 2020, Sundip Thakrar has joined the board of directors of Algeco Denmark A/S.
As of October 22, 2020, James O'Malley has joined the board of directors of Algeco Denmark A/S.
As of October 22, 2020, Simon Gordon has joined the board of directors of Algeco Denmark A/S.
As of October 22, 2020, Björn Arne Lindberg has left the board of directors of Algeco Denmark A/S.
As of December 30, 2019, EY Godkendt Revisionspartnerselskab has been appointed auditor of Algeco Denmark A/S.
As of December 30, 2019, KPMG P/S has stepped down as auditor of Algeco Denmark A/S.
As of December 30, 2019, Lars Martin Egron Olsson has joined the board of directors of Algeco Denmark A/S.
As of December 30, 2019, Magnus Kjellin has joined the board of directors of Algeco Denmark A/S.
As of December 30, 2019, Björn Arne Lindberg has joined the board of directors of Algeco Denmark A/S.
As of December 30, 2019, Nils Magnus Kjellin has joined the board of directors of Algeco Denmark A/S.
As of December 30, 2019, Frank Vestergaard Suhr Olesen has left the board of directors of Algeco Denmark A/S.
As of December 30, 2019, Jesper Bramming has left the board of directors of Algeco Denmark A/S.
As of December 30, 2019, Dan Olesen Vorsholt has left the board of directors of Algeco Denmark A/S.
As of December 30, 2019, Magnus Kjellin is registered as adm. dir. of Algeco Denmark A/S.
As of December 30, 2019, Nils Magnus Kjellin is registered as adm. dir. of Algeco Denmark A/S.
As of December 30, 2019, Dan Olesen Vorsholt has stepped down as adm. dir. of Algeco Denmark A/S.
As of December 30, 2019, is registered as an owner of Algeco Denmark A/S with an ownership share of 100%.
As of October 23, 2019, KPMG P/S has been appointed auditor of Algeco Denmark A/S.
As of October 23, 2019, Frank Vestergaard Suhr Olesen has joined the board of directors of Algeco Denmark A/S.
As of October 23, 2019, Jesper Bramming has joined the board of directors of Algeco Denmark A/S.
As of October 23, 2019, Dan Olesen Vorsholt has joined the board of directors of Algeco Denmark A/S.
As of October 23, 2019, Dan Olesen Vorsholt is registered as adm. dir. of Algeco Denmark A/S.
Algeco Denmark A/S was founded on October 23, 2019.
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