Welcon A/S
A/SActiveAdvertising protectionCVR 31491401Vejlevej 270, 7323 GiveManufacture of metal structures and parts of structures· NACE 2511Est. 2008 · 18 years old816 employees
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Overview
Welcon A/S is a Danish A/S based in Give, operating in the Manufacture of metal structures and parts of structures sector. Incorporated in 2008, the company has 816 employees and reported revenue of DKK 1.5bn in its latest annual filing.
Revenue 2025
1.5B DKK
+13% vs 2024
EBITDA margin
8.5 %
+376% vs 2024
Net profit 2025
0.1B DKK
+408% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
17.9 %
WeakAmong the 30% lowest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
1.0×
WeakAmong the 30% lowest rated companies in the industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
8.5 %
StrongAmong the 40% highest rated companies in the industry
20212025
EBITDA — year on year
DKK millionsKey figures
Annual report 2025| Revenue | 1.5B DKK | +13% |
| EBITDA | 0.1B DKK | +376% |
| Net profit | 0.1B DKK | +408% |
| Total assets | 1B DKK | +6% |
| Equity | 0.2B DKK | +89% |
| Employees | 816 | — |
Company information
Legal name
WELCON A/S
CVR number
31491401
Legal form
Aktieselskab
NACE code
Founded
13 June 2008 · 18 years
Share capital
DKK 10,000,000
Employees
816 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2025-05-31
Financial year
January – December
Signatory rights
Selskabet tegnes af en direktør i forening med et bestyrelsesmedlem eller af den samlede bestyrelse.
Company purpose
Selskabets formål er at drive udviklings- handels- og produktionsvirksomhed vedrørende stålkonstruktioner til bl.a. vindmøller, direkte eller indirekte via dattervirksomheder eller as-socierede virksomheder samt anden virksomhed, der efter bestyrelsens skøn er beslægtet her-med.
(no translation available)
Contact
Address
Vejlevej 270, 7323 Give
Phone
+45 3018 6100
Advertising protection
Active — opted out of marketing use
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Financial development
In its most recent annual report (2025), Welcon A/S reported revenue of DKK 1.5bn, an increase of 13% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of DKK 88.2m, and the EBITDA margin stood at 8.5%.
At the end of 2025, equity financed 17.9% of the balance sheet, and current assets covered short-term debt 1 times.
Financials
Revenue
DKK millionsEBITDA
DKK millionsIncome statement
DKK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 1,461,947 | 1,290,178 | 1,075,536 | 708,873 | 740,107 |
| Staff expenses | -455,128 | -492,942 | -341,867 | -253,349 | -236,810 |
| EBITDA | 124,614 | 26,198 | 26,267 | 39,017 | 6,605 |
| Depreciation & amort. | -1,436 | -2,025 | -1,325 | -1,266 | -1,437 |
| EBIT | 123,178 | 24,173 | 24,942 | 37,751 | 5,168 |
| Net financials | -10,049 | -1,912 | -872 | -2,107 | -2,334 |
| Profit before tax | 113,129 | 22,261 | 24,070 | 35,644 | 2,834 |
| Tax | 24,924 | 4,900 | 5,282 | 7,886 | 701 |
| Net profit | 88,205 | 17,361 | 18,788 | 27,758 | 2,133 |
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Balance sheet
DKK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 1,041,218 | 979,866 | 770,361 | 459,706 | 337,820 |
| Equity | 186,858 | 98,653 | 101,292 | 82,505 | 54,747 |
| Long-term debt | 42,738 | 27,835 | 21,751 | 19,742 | 26,876 |
| Short-term debt | 796,347 | 841,822 | 633,691 | 347,797 | 254,197 |
| Total debt | 839,085 | 869,657 | 655,442 | 367,539 | 281,073 |
Financial ratios
5-year trendEBITDA margin
8.5 %
20212025
Equity ratio
17.9 %
WeakAmong the 30% lowest rated companies in the industry
20212025
Return on equity
47.2 %
Very strongAmong the 20% highest rated companies in the industry
20212025
Net profit margin
6.0 %
StrongAmong the 40% highest rated companies in the industry
20212025
Asset turnover
1.40×
StrongAmong the 40% highest rated companies in the industry
20212025
Debt / equity
4.57×
Very weakAmong the 20% lowest rated companies in the industry
20212025
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginStrong
Among the 30% highest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginStrong
Among the 40% highest rated companies in the industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginStrong
Among the 40% highest rated companies in the industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Very strong
Among the 20% highest rated companies in the industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Strong
Among the 40% highest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Very strong
Among the 20% highest rated companies in the industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Strong
Among the 40% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioStrong
Among the 40% highest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioWeak
Among the 30% lowest rated companies in the industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioWeak
Among the 40% lowest rated companies in the industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioVery weak
Among the 20% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery weak
Among the 20% lowest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalVery weak
Among the 20% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioStrong
Among the 40% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 30% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioWeak
Among the 30% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityVery weak
Among the 20% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityVery weak
Among the 20% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtAverage
Around the average of companies in the same industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtAverage
Around the average of companies in the same industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageAverage
Around the average of companies in the same industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtWeak
Among the 40% lowest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginStrong
Among the 40% highest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverStrong
Among the 40% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverWeak
Among the 40% lowest rated companies in the industry
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Equity to contributed capitalStrong
Among the 30% highest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityVery strong
Among the 10% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtAverage
Around the average of companies in the same industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
- Annual report 2025Filed via CVR / Virk · Period 2024-06-01 – 2025-05-31
- Annual report 2024Filed via CVR / Virk · Period 2023-06-01 – 2024-05-31
- Annual report 2023Filed via CVR / Virk · Period 2022-06-01 – 2023-05-31
- Annual report 2022Filed via CVR / Virk · Period 2021-06-01 – 2022-05-31
- Annual report 2021Filed via CVR / Virk · Period 2020-06-01 – 2021-05-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (1) | ||
JR Management | Management | 2008 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (3) | ||
MB Board of Directors | Board of Directors | 2019 |
CR Chairman | Chairman | 2008 |
JR Board of Directors | Board of Directors | 2008 |
Former (2)
TV Board of Directors | Board of Directors | 2008 – 2010 |
TJ Board of Directors | Board of Directors | 2009 – 2019 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2023 | |
| Company | 100% | 100% | 2011 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
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Related companies
Company hierarchy
CJ HOLDING ApS
Welcon A/S Board network connections
Board members of Welcon A/S also hold positions in 82 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Carsten Risvig Pedersen | Chairman | 30 companiesMany roles |
| Jens Risvig Pedersen | Management | 25 companiesMany roles |
| Morten Breum-Leer | Board of Directors | 17 companiesMany roles |
| Torben Jørgensen | Board of Directors | 6 companiesMany roles |
| Tommy Vestergaard Christiansen | Board of Directors | 4 companies |
Frequently asked questions
What is the CVR number of Welcon A/S?
Welcon A/S is registered with CVR / Virk under CVR 31491401.
What is the revenue of Welcon A/S?
Welcon A/S reported revenue of DKK 1.5bn in 2025.
How many employees does Welcon A/S have?
Welcon A/S employs 816 people as of the latest annual report.
Who is the chairman of Welcon A/S?
Carsten Risvig Pedersen chairs the board of Welcon A/S.
Where is Welcon A/S headquartered?
Welcon A/S's registered address is Vejlevej 270.