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KONECRANES DEMAG A/S: Financial statements 2020

CVR: 49106912

Source: annual report 2020, Danish Business Authority

01/01/2020 – 31/12/2020

KONECRANES DEMAG A/S (CVR 49106912) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 54,079,453 and a net result of DKK 4,890,308 compared with DKK 762,696 the year before. That is an increase of 9.4% compared with the year before. Equity in the 2020 report amounted to DKK 41,050,310. The solvency ratio was 41.8%. The company had 73 employees in the financial year.

Gross Profit
DKK 54,079,453
Profit/Loss
DKK 4,890,308
Equity
DKK 41,050,310
Total Assets
DKK 98,104,672
Employees
73

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2020-54.1 mio.4.9 mio.41.1 mio.73
2019-49.4 mio.763 t.36.2 mio.69
2018-49.9 mio.2.6 mio.35.4 mio.41
2017-56.5 mio.9.2 mio.32.8 mio.69
2016-24 mio.-3.2 mio.3 mio.41

Official annual report

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Events in 2020

KONECRANES DEMAG A/S: The 2019 annual report is outSep 1, 2020

KONECRANES DEMAG A/S has published its annual report for 2019. Gross profit came to DKK 49,427,928, and the net result was DKK 762,696.

Andrew Timothy Spencer joins the board of KONECRANES DEMAG A/SSep 1, 2020

As of September 1, 2020, Andrew Timothy Spencer has joined the board of directors of KONECRANES DEMAG A/S.

Kari Åkman leaves the board of KONECRANES DEMAG A/SSep 1, 2020

As of September 1, 2020, Kari Åkman has left the board of directors of KONECRANES DEMAG A/S.

About KONECRANES DEMAG A/S

KONECRANES DEMAG A/S is a Danish company of the type Aktieselskab based in Taastrup, founded in 1971. The company is registered under the industry Fremstilling af løfte- og håndteringsudstyr. The company was previously named KONECRANES A/S and KONE CRANES A/S. The management consists of Hans Magnus Höglund. The board consists of Andrew Timothy Spencer, Mikko Jaakko Sonck and Risto Johannes Helle. The company is owned by Konecranes Holding Sweden AB. The company has 54 employees (2026). In 2025, the company reported a gross profit of DKK 56,768,659 and a net result of DKK 10,968,121 compared with DKK 8,178,551 the year before. Equity in the 2025 report amounted to DKK 41,491,133.

Source: annual report 2025, Danish Business Authority