Owners, management and financials
CVR: 73790212
Previous names: GM THERM ApS, PALLE IVERSEN TRADING ApS, PALLE IVERSEN TRADING A/S
DKK 366,541,603
Revenue
Net result: DKK 8,995,489
PI GROUP HOLDING ApS (100%)
CVR · view owners
Claus Grøn Iversen
Board: Morten Kolding Iversen (chair) and 4 members
CVR · view management
Active
Founded 1 October 1983
CVR · view overview
18 employees
CVR · 2026
Director role ended: Palle Grøn Iversen
CVR · 26/11/2015
View the full event history
PALLE IVERSEN A/S is a Danish company of the type Aktieselskab based in Vejle, founded in 1983. The company is registered under the industry Engroshandel med metaller og metalmalme. The company was previously named PALLE IVERSEN TRADING A/S and PALLE IVERSEN TRADING ApS. The management consists of Claus Grøn Iversen. The board consists of Morten Kolding Iversen (chair), Claus Grøn Iversen, Elsebeth Gylling Kjærsgaard and Jesper Grøn Iversen. The company is owned by PI GROUP HOLDING ApS. The company has 18 employees (2026). In 2025, the company reported revenue of DKK 366,541,603 and a net result of DKK 8,995,489 compared with DKK 15,886,875 the year before. Equity in the 2025 report amounted to DKK 114,912,560.
Source: annual report 2025, Danish Business Authority
The financial health of PALLE IVERSEN A/S appears to be stable, with a notable decline in both revenue and profit from 2024 to 2025. Revenue decreased from 449.7 million DKK in 2024 to 366.5 million DKK in 2025, while profit fell from 15.9 million DKK to 9.0 million DKK during the same period. Despite this downturn, the company's equity remains relatively strong at 114.9 million DKK, although it has decreased from previous years. The fluctuating profit margins and declining revenue could raise concerns about future growth, but the company maintains a solid position in the metal trading industry.
AI-generated summary · Generated 10/03/2026
Selskabets formål er at drive handel, håndværk og finansiering
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/05/2024 – 30/04/2025 | 366.5 mio. | 9 mio. | 247.7 mio. | 114.9 mio. | 17 | |
| 202401/05/2023 – 30/04/2024 | 449.7 mio. | 15.9 mio. | 219.2 mio. | 116.2 mio. | 17 | |
| 202301/05/2022 – 30/04/2023 | 433.7 mio. | 30.2 mio. | 236.4 mio. | 130.5 mio. | 18 | |
| 202201/05/2021 – 30/04/2022 | - | 80 mio. | 274.1 mio. | 140.3 mio. | 18 | |
| 202101/05/2020 – 30/04/2021 | - | 23.4 mio. | 183.7 mio. | 72 mio. | 19 | |
| 202001/05/2019 – 30/04/2020 | - | 4.9 mio. | 182.2 mio. | 51.1 mio. | 18 | |
| 201901/05/2018 – 30/04/2019 | - | 6.5 mio. | 145.3 mio. | 49.4 mio. | 19 | |
| 201801/05/2017 – 30/04/2018 | - | 11.2 mio. | 177.6 mio. | 54.6 mio. | 20 | |
| 201701/05/2016 – 30/04/2017 | - | 12.2 mio. | 186 mio. | 48.2 mio. | 18 | |
| 201601/05/2015 – 30/04/2016 | - | 2.7 mio. | 156.1 mio. | 30.6 mio. | 20 | |
| 201501/05/2014 – 30/04/2015 | - | 2.6 mio. | 137.6 mio. | 27.9 mio. | 18 | |
| 201401/05/2013 – 30/04/2014 | - | 3.1 mio. | 160.2 mio. | 25.3 mio. | 17 | |
| 201301/05/2012 – 30/04/2013 | - | 624 t. | 152.5 mio. | 21.4 mio. | 17 |
Compared to 112 companies in Engroshandel med metaller og metalmalme
Comparison is based on industry median values
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Read about the CDS scoreThe CVR number of PALLE IVERSEN A/S is 73790212.
PALLE IVERSEN A/S is owned by PI GROUP HOLDING ApS.
The management of PALLE IVERSEN A/S consists of Claus Grøn Iversen.
The board of PALLE IVERSEN A/S consists of Morten Kolding Iversen, Claus Grøn Iversen and Elsebeth Gylling Kjærsgaard, with Morten Kolding Iversen as chair.
In 2025, PALLE IVERSEN A/S reported revenue of DKK 366,541,603.
PALLE IVERSEN A/S had 18 employees in 2026 according to the Danish CVR register.
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Contact info changed: new phone: 75834422, new email: [email protected], new website: www.palleiversen.dk (April 22, 2026).
As of April 22, 2026, Elsebeth Gylling Kjærsgaard has joined the board of directors of PALLE IVERSEN A/S.
PALLE IVERSEN A/S has published its annual report for 2025. Revenue came to DKK 366,541,603, and the net result was DKK 8,995,489.
PALLE IVERSEN A/S has published its annual report for 2024. Revenue came to DKK 449,747,361, and the net result was DKK 15,886,875.
PALLE IVERSEN A/S has published its annual report for 2023. Revenue came to DKK 433,720,452, and the net result was DKK 30,160,233.
PALLE IVERSEN A/S has published its annual report for 2022. Gross profit came to DKK 115,223,511, and the net result was DKK 80,005,965.
As of May 3, 2022, Morten Kolding Iversen has joined the board of directors of PALLE IVERSEN A/S.
As of May 3, 2022, Tonny Vangsgaard Gravesen has left the board of directors of PALLE IVERSEN A/S.
As of May 2, 2022, Morten Kolding Iversen has left the board of directors of PALLE IVERSEN A/S.
PALLE IVERSEN A/S has published its annual report for 2021. Gross profit came to DKK 41,793,608, and the net result was DKK 23,411,160.
PALLE IVERSEN A/S has published its annual report for 2020. Gross profit came to DKK 17,842,361, and the net result was DKK 4,875,340.
PALLE IVERSEN A/S has published its annual report for 2019. Gross profit came to DKK 20,257,331, and the net result was DKK 6,471,161.
PALLE IVERSEN A/S has published its annual report for 2018. Gross profit came to DKK 25,872,839, and the net result was DKK 11,222,905.
PALLE IVERSEN A/S has published its annual report for 2017. Gross profit came to DKK 28,150,876, and the net result was DKK 12,190,610.
As of March 10, 2017, EY Godkendt Revisionspartnerselskab has been appointed auditor of PALLE IVERSEN A/S.
As of March 10, 2017, MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB has stepped down as auditor of PALLE IVERSEN A/S.
PALLE IVERSEN A/S has published its annual report for 2016. Gross profit came to DKK 14,684,834, and the net result was DKK 2,698,927.
As of November 26, 2015, Tonny Vangsgaard Gravesen has joined the board of directors of PALLE IVERSEN A/S.
As of November 26, 2015, Jette Sandberg Iversen has left the board of directors of PALLE IVERSEN A/S.
As of November 26, 2015, Palle Grøn Iversen has stepped down as director of PALLE IVERSEN A/S.
PALLE IVERSEN A/S has published its annual report for 2015. Gross profit came to DKK 14,789,267, and the net result was DKK 2,551,014.
PALLE IVERSEN A/S has published its annual report for 2014. Gross profit came to DKK 18,230,099, and the net result was DKK 3,135,111.
PALLE IVERSEN A/S has published its annual report for 2013. Gross profit came to DKK 13,808,593, and the net result was DKK 623,643.
As of October 1, 2009, MARTINSEN STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of PALLE IVERSEN A/S.
As of October 1, 2009, H. MARTINSEN. STATSAUTORISERET REVISIONSAKTIESELSKAB has stepped down as auditor of PALLE IVERSEN A/S.
As of September 21, 2005, Morten Kolding Iversen has joined the board of directors of PALLE IVERSEN A/S.
As of September 21, 2005, Claus Grøn Iversen is registered as director of PALLE IVERSEN A/S.
As of September 21, 2004, Jesper Grøn Iversen has joined the board of directors of PALLE IVERSEN A/S.
As of October 10, 2003, H. MARTINSEN. STATSAUTORISERET REVISIONSAKTIESELSKAB has been appointed auditor of PALLE IVERSEN A/S.
As of October 10, 2003, REVISIONSSELSKABET AF 15/12 2000 REGISTRERET REVISIONSANPARTSSELSKAB has stepped down as auditor of PALLE IVERSEN A/S.
As of May 9, 2003, REVISIONSSELSKABET AF 15/12 2000 REGISTRERET REVISIONSANPARTSSELSKAB has been appointed auditor of PALLE IVERSEN A/S.
As of May 9, 2003, SLP NR. 10.553 A/S has stepped down as auditor of PALLE IVERSEN A/S.
As of November 30, 1998, Susanne Møller Andersen has been appointed auditor of PALLE IVERSEN A/S.
As of November 30, 1998, SLP NR. 10.553 A/S has been appointed auditor of PALLE IVERSEN A/S.
As of November 30, 1998, Susanne Møller Andersen has stepped down as auditor of PALLE IVERSEN A/S.
As of November 30, 1998, SLP NR. 10.553 A/S has stepped down as auditor of PALLE IVERSEN A/S.
As of November 6, 1998, PI GROUP HOLDING ApS is registered as an owner of PALLE IVERSEN A/S with an ownership share of 100%.
As of July 31, 1997, Anders Christian Worsøe Mogensen has been appointed auditor of PALLE IVERSEN A/S.
As of July 31, 1997, SLP NR. 10.553 A/S has been appointed auditor of PALLE IVERSEN A/S.
As of July 31, 1997, Anders Christian Worsøe Mogensen has stepped down as auditor of PALLE IVERSEN A/S.
As of July 31, 1997, SLP NR. 10.553 A/S has stepped down as auditor of PALLE IVERSEN A/S.
As of May 13, 1996, SLP NR. 10.553 A/S has been appointed auditor of PALLE IVERSEN A/S.
As of May 13, 1996, SLP NR. 10.553 A/S has stepped down as auditor of PALLE IVERSEN A/S.
On March 25, 1995, the company changed its name from PALLE IVERSEN TRADING A/S to PALLE IVERSEN A/S.
On November 5, 1992, the company changed its name from PALLE IVERSEN TRADING ApS to PALLE IVERSEN TRADING A/S.
On October 27, 1992, the company changed its name from GM THERM ApS to PALLE IVERSEN TRADING ApS.
As of October 5, 1992, SLP NR. 10.553 A/S has been appointed auditor of PALLE IVERSEN A/S.
As of October 5, 1992, has stepped down as auditor of PALLE IVERSEN A/S.
As of October 5, 1992, Jette Sandberg Iversen has joined the board of directors of PALLE IVERSEN A/S.
As of October 5, 1992, Henrik Klougart has left the board of directors of PALLE IVERSEN A/S.
As of October 5, 1992, Ejner Gramm Mogensen has left the board of directors of PALLE IVERSEN A/S.
As of October 5, 1992, Palle Grøn Iversen is registered as director of PALLE IVERSEN A/S.
As of October 5, 1992, Ejner Gramm Mogensen has stepped down as director of PALLE IVERSEN A/S.
As of October 1, 1983, has been appointed auditor of PALLE IVERSEN A/S.
As of October 1, 1983, Palle Grøn Iversen has joined the board of directors of PALLE IVERSEN A/S.
As of October 1, 1983, Henrik Klougart has joined the board of directors of PALLE IVERSEN A/S.
As of October 1, 1983, Ejner Gramm Mogensen has joined the board of directors of PALLE IVERSEN A/S.
As of October 1, 1983, Claus Grøn Iversen has joined the board of directors of PALLE IVERSEN A/S.
As of October 1, 1983, Ejner Gramm Mogensen is registered as director of PALLE IVERSEN A/S.
PALLE IVERSEN A/S was founded on October 1, 1983.
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