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DAMCOS A/S: Financial statements 2020

CVR: 49698119

Source: annual report 2020, Danish Business Authority

01/10/2019 – 30/09/2020

DAMCOS A/S (CVR 49698119) has filed annual accounts for 2020. In 2020, the company reported revenue of DKK 326,139,000 and a net result of DKK 40,459,000 compared with DKK 58,711,000 the year before. That is a decrease of 1.2% compared with the year before. The profit margin was 12.4%. Equity in the 2020 report amounted to DKK 404,997,000. The solvency ratio was 76.1%. The company had 176 employees in the financial year.

Revenue
DKK 326,139,000
Gross Profit
DKK 128,831,000
Profit/Loss
DKK 40,459,000
Equity
DKK 404,997,000
Total Assets
DKK 531,987,000
Employees
176

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2020326.1 mio.128.8 mio.40.5 mio.405 mio.176
2019330.2 mio.151.3 mio.58.7 mio.414.5 mio.166
2018291.3 mio.132.2 mio.42.3 mio.395.8 mio.159
2017303.5 mio.124.4 mio.45.8 mio.398.5 mio.163
2016279.5 mio.112.8 mio.33.4 mio.372.7 mio.178

Official annual report

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Events in 2020

DAMCOS A/S: The 2019 annual report is outFeb 25, 2020

DAMCOS A/S has published its annual report for 2019. Revenue came to DKK 330,194,000, and the net result was DKK 58,711,000.

Kasper Vad Gundestrup joins the board of DAMCOS A/SJan 31, 2020

As of January 31, 2020, Kasper Vad Gundestrup has joined the board of directors of DAMCOS A/S.

Lars Thorsten Bruun joins the board of DAMCOS A/SJan 31, 2020

As of January 31, 2020, Lars Thorsten Bruun has joined the board of directors of DAMCOS A/S.

Søren Voltzmann leaves the board of DAMCOS A/SJan 31, 2020

As of January 31, 2020, Søren Voltzmann has left the board of directors of DAMCOS A/S.

Lars Thorsten Bruun leaves the board of DAMCOS A/SJan 30, 2020

As of January 30, 2020, Lars Thorsten Bruun has left the board of directors of DAMCOS A/S.

About DAMCOS A/S

DAMCOS A/S is a Danish company of the type Aktieselskab based in Næstved, founded in 1965. The company is registered under the industry Fremstilling af hydraulisk udstyr. The company was previously named DANFOSS MARINE SYSTEMS A/S and DANFOSS SYSTEM HYDRAULIK A/S. The management consists of Kim Rønn. The board consists of Hans Jakob Nørr (chair), Kim Rønn, Matthew James Sweeney and Ole Brændegaard Bojesen. The company is owned by DAMCOS HOLDING A/S. The company has 223 employees (2026). In 2025, the company reported revenue of DKK 591,620,000 and a net result of DKK 246,092,000 compared with DKK 57,676,000 the year before. Equity in the 2025 report amounted to DKK 469,212,000.

Source: annual report 2025, Danish Business Authority