NCC Danmark A/S
A/SActiveCVR 69894011Tobaksvejen 2A, 2860 SøborgConstruction of residential and non-residential buildings· NACE 4100Est. 1985 · 41 years old1,748 employees
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Overview
NCC Danmark A/S is a Danish A/S based in Søborg, operating in the Construction of residential and non-residential buildings sector. Incorporated in 1985, the company has 1,748 employees and reported revenue of DKK 7.3bn in its latest annual filing.
Revenue 2025
7.3B DKK
+10% vs 2024
EBITDA margin
5.2 %
−2% vs 2024
Net profit 2025
0.3B DKK
-2% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
14.0 %
WeakAmong the 30% lowest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
1.4×
AverageAround the average of companies in the same industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
8.3 %
AverageAround the average of companies in the same industry
20212025
EBITDA — year on year
DKK millionsKey figures
Annual report 2025| Revenue | 7.3B DKK | +10% |
| EBITDA | 0.4B DKK | -2% |
| Net profit | 0.3B DKK | -2% |
| Total assets | 3.8B DKK | +14% |
| Equity | 0.5B DKK | -1% |
| Employees | 1,748 | — |
Company information
Legal name
NCC DANMARK A/S
CVR number
69894011
Legal form
Aktieselskab
NACE code
Founded
15 April 1985 · 41 years
Share capital
DKK 40,000,100
Employees
1,748 (FTE)
VAT registered
No
Audit selected
Yes
Last report
2025-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af en direktør i forening med et bestyrelsesmedlem, af bestyrelsens formand i forening med et andet bestyrelsesmedlem, af to direktører i forening eller af den samlede bestyrelse.
Company purpose
Selskabets formål er at drive entreprenørvirksomhed, herunder ingeniør-, projekterings-, rådgivnings- og håndværksvirksomhed inden for entreprenørbranchen, at drive handels- og industrivirksomhed, virksomhed med opførelse, køb, salg og renovering af fast ejendom, investering i og produktudvikling af fast ejendom, at besidde aktier eller anparter i danske og udenlandske selskaber samt at udøve anden virksomhed, der i øvrigt er naturligt forbundet hermed.
(no translation available)
Contact
Address
Tobaksvejen 2A, 2860 Søborg
Phone
+45 3910 3910
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Financial development
In its most recent annual report (2025), NCC Danmark A/S reported revenue of DKK 7.3bn, an increase of 10% 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 316.9m, and the EBITDA margin stood at 5.2%.
At the end of 2025, equity financed 14% of the balance sheet, and current assets covered short-term debt 1.4 times.
Financials
Revenue
DKK millionsEBITDA
DKK millionsIncome statement
DKK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 7,256,600 | 6,583,189 | 6,202,508 | 5,503,614 | 4,467,420 |
| Staff expenses | -0 | -1,146,086 | -0 | -0 | -0 |
| EBITDA | 380,064 | 385,885 | 354,105 | 302,848 | 207,548 |
| Depreciation & amort. | -0 | -0 | -0 | -0 | -0 |
| EBIT | 380,064 | 385,885 | 354,105 | 302,848 | 207,548 |
| Net financials | 22,514 | 44,494 | 39,941 | -6,082 | -1,810 |
| Profit before tax | 402,578 | 430,379 | 394,046 | 296,766 | 205,738 |
| Tax | 85,694 | 106,726 | 81,271 | 65,330 | 45,096 |
| Net profit | 316,884 | 323,653 | 312,775 | 231,436 | 160,642 |
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Balance sheet
DKK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 3,835,705 | 3,366,912 | 3,472,386 | 2,702,598 | 2,610,555 |
| Equity | 538,085 | 541,201 | 565,975 | 486,520 | 334,204 |
| Long-term debt | 42 | 447 | 447 | 447 | 447 |
| Short-term debt | 2,757,308 | 2,369,729 | 2,478,683 | 1,832,279 | 1,903,572 |
| Total debt | 2,757,350 | 2,370,176 | 2,479,130 | 1,832,726 | 1,904,019 |
Financial ratios
5-year trendEBITDA margin
5.2 %
20212025
Equity ratio
14.0 %
WeakAmong the 30% lowest rated companies in the industry
20212025
Return on equity
58.9 %
Very strongAmong the 20% highest rated companies in the industry
20212025
Net profit margin
4.4 %
AverageAround the average of companies in the same industry
20212025
Asset turnover
1.89×
AverageAround the average of companies in the same industry
20212025
Debt / equity
6.13×
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 marginVery weak
Among the 20% lowest 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 marginAverage
Around the average of companies in the same 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 marginAverage
Around the average of companies in the same 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)Average
Around the average of companies in the same industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Strong
Among the 40% 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)Average
Around the average of companies in the same industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioVery strong
Among the 10% 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 ratioAverage
Around the average of companies in the same 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 ratioAverage
Around the average of companies in the same 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 ratioStrong
Among the 40% highest 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 10% 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 capitalAverage
Around the average of companies in the same 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 ratioWeak
Among the 40% lowest 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 40% 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 10% 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 coverageVery strong
Among the 20% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtVery strong
Among the 20% highest rated companies in the industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginAverage
Around the average of companies in the same 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 turnoverAverage
Around the average of companies in the same 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 equityAverage
Around the average of companies in the same industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtWeak
Among the 40% lowest rated companies in the 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 2025-01-01 – 2025-12-31
- Annual report 2024Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (2) | ||
FF Management | Management | 2018 |
LE Management | Management | 2025 |
Former (47)
NF Deputy | Deputy | 1985 – 1999 |
SB Management | Management | 1999 – 2001 |
HT Management | Management | 2001 – 2008 |
HC Management | Management | 1985 – 1989 |
MC Management | Management | 2008 – 2009 |
PH Management | Management | 1985 – 1995 |
KA Deputy | Deputy | 2008 – 2011 |
SH Management | Management | 1985 – 1993 |
EN Deputy | Deputy | 2004 – 2008 |
TB Chief Executive Officer | Chief Executive Officer | 2006 – 2012 |
KK Deputy | Deputy | 1985 – 1999 |
KK Chief Executive Officer | Chief Executive Officer | 2012 – 2016 |
SE Deputy | Deputy | 2000 – 2002 |
NN Management | Management | 1999 – 2001 |
FD Management | Management | 1985 – 1990 |
HG Management | Management | 1999 – 2001 |
EF Management | Management | 1985 – 1991 |
NØ Management | Management | 1999 – 2002 |
OS Management | Management | 2001 – 2002 |
NB Management | Management | 2016 – 2016 |
HF Deputy | Deputy | 1985 – 1990 |
AB Management | Management | 2012 – 2012 |
ZR Deputy | Deputy | 2002 – 2003 |
JS Deputy | Deputy | 1985 – 1990 |
MM Management | Management | 2001 – 2002 |
SU Chief Executive Officer | Chief Executive Officer | 2001 – 2006 |
HL Management | Management | 2016 – 2018 |
EH Management | Management | 1985 – 1995 |
HE Deputy | Deputy | 2000 – 2002 |
FN Management | Management | 1999 – 2001 |
JK Management | Management | 2001 – 2002 |
PH Management | Management | 1999 – 2002 |
NF Management | Management | 1999 – 2002 |
HW Deputy | Deputy | 2004 – 2006 |
HJ Deputy | Deputy | 2000 – 2003 |
RH Deputy | Deputy | 2008 – 2011 |
NB Management | Management | 2016 – 2018 |
MM Management | Management | 2012 – 2016 |
SJ Management | Management | 2012 – 2016 |
KK Management | Management | 1985 – 2001 |
LN | Deputy | 2004 – 2008 |
TG | Deputy | 2014 – 2015 |
OG Management | Management | 1985 – 1990 |
PC Management | Management | 1985 – 1990 |
HB Management | Management | 2001 – 2003 |
PB Management | Management | 2016 – 2024 |
MF Deputy | Deputy | 1985 – 1998 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (5) | ||
DS Board of Directors | Board of Directors | 2020 |
AI Board of Directors | Board of Directors | 2017 |
MB Board of Directors | Board of Directors | 2024 |
TC Chairman | Chairman | 2018 |
AK Board of Directors | Board of Directors | 2026 |
Former (58)
SH Board of Directors | Board of Directors | 1985 – 1990 |
CH Board of Directors | Board of Directors | 2000 – 2002 |
HT Board of Directors | Board of Directors | 2001 – 2002 |
UJ Board of Directors | Board of Directors | 2002 – 2009 |
HC Board of Directors | Board of Directors | 1985 – 1989 |
HB Board of Directors | Board of Directors | 1985 – 1991 |
GK Board of Directors | Board of Directors | 1999 – 2001 |
TB Board of Directors | Board of Directors | 2006 – 2012 |
AD Board of Directors | Board of Directors | 2000 – 2003 |
BH Chairman | Chairman | 2017 – 2018 |
HP Board of Directors | Board of Directors | 1985 – 1989 |
KK Board of Directors | Board of Directors | 2012 – 2016 |
PE Board of Directors | Board of Directors | 1985 – 1987 |
MG Board of Directors | Board of Directors | 1985 – 1988 |
NN Board of Directors | Board of Directors | 1999 – 1999 |
EØ Board of Directors | Board of Directors | 1985 – 1988 |
HG Board of Directors | Board of Directors | 1985 – 1995 |
EF Board of Directors | Board of Directors | 1985 – 1991 |
JL Board of Directors | Board of Directors | 2008 – 2011 |
PH Chairman | Chairman | 1985 – 1997 |
BG Board of Directors | Board of Directors | 2002 – 2003 |
KE Board of Directors | Board of Directors | 2004 – 2008 |
VR Board of Directors | Board of Directors | 1985 – 1990 |
BJ Board of Directors | Board of Directors | 1985 – 1994 |
SU Board of Directors | Board of Directors | 2001 – 2006 |
PO Chairman | Chairman | 2007 – 2011 |
JA Board of Directors | Board of Directors | 1985 – 1990 |
AG Chairman | Chairman | 2002 – 2007 |
HE Board of Directors | Board of Directors | 2002 – 2004 |
AH Board of Directors | Board of Directors | 1985 – 1990 |
VH Board of Directors | Board of Directors | 1997 – 1999 |
KN Board of Directors | Board of Directors | 2000 – 2002 |
EC Board of Directors | Board of Directors | 2004 – 2007 |
OV Board of Directors | Board of Directors | 1985 – 1988 |
SH Board of Directors | Board of Directors | 2008 – 2024 |
NJ Board of Directors | Board of Directors | 1985 – 1989 |
CB Board of Directors | Board of Directors | 1999 – 1999 |
EV Board of Directors | Board of Directors | 1999 – 2001 |
HR Board of Directors | Board of Directors | 1999 – 2001 |
HJ Board of Directors | Board of Directors | 2003 – 2004 |
RH Board of Directors | Board of Directors | 2011 – 2012 |
KS Board of Directors | Board of Directors | 2018 – 2026 |
KK Board of Directors | Board of Directors | 1999 – 2001 |
PJ Board of Directors | Board of Directors | 1999 – 2001 |
HN Board of Directors | Board of Directors | 1985 – 1999 |
CW Board of Directors | Board of Directors | 2012 – 2015 |
IG Board of Directors | Board of Directors | 2004 – 2008 |
KA Board of Directors | Board of Directors | 2003 – 2016 |
TG Board of Directors | Board of Directors | 2015 – 2020 |
BS Board of Directors | Board of Directors | 2003 – 2004 |
PC Board of Directors | Board of Directors | 1985 – 1999 |
PK Board of Directors | Board of Directors | 2002 – 2004 |
SE Chairman | Chairman | 1999 – 2001 |
RV Board of Directors | Board of Directors | 1995 – 1999 |
EP Chairman | Chairman | 2011 – 2017 |
LB Board of Directors | Board of Directors | 1985 – 1989 |
TK Board of Directors | Board of Directors | 1985 – 1994 |
LM Board of Directors | Board of Directors | 2016 – 2018 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Individual | 100% | 100% | 2002 |
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
NCC Danmark A/S 
Dansk Konstruktions- og Betoninstitut A/SBoard network connections
Board members of NCC Danmark A/S also hold positions in 108 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Michael Gaarmann | Board of Directors | 23 companiesMany roles |
| Henrik Tyge Krabbe | Management | 13 companiesMany roles |
| Morten Chrone | Management | 8 companiesMany roles |
| Peer Kisbye | Board of Directors | 8 companiesMany roles |
| Hans Gormsen | Management | 7 companiesMany roles |
| Peter Højland | Chairman | 6 companiesMany roles |
| Stig Hoffmeyer | Management | 5 companies |
| Holger Brogaard Pedersen | Management | 5 companies |
| Arne Becker Rousing | Management | 4 companies |
| Søren Ulslev | Chief Executive Officer | 4 companies |
| Klaus Kaae | Chief Executive Officer | 3 companies |
| Flemming Frans Aarup Carlsen | Management | 2 companies |
| Hans Erik Brodersen Lund | Deputy | 2 companies |
| Per Christian Møller | Management | 2 companies |
| Jacob Lassenius Kramp Amholt | Board of Directors | 2 companies |
| Conny Wagner | Board of Directors | 2 companies |
| Ole Sander | Management | 1 company |
| Mogens Muff | Management | 1 company |
| Jørgen Krenk | Management | 1 company |
| Poul Hedegaard | Management | 1 company |
| Rune Holm Madsen | Deputy | 1 company |
| Lars Erik Scheibel | Management | 1 company |
| Tonny Gaston Birkegaard Sørensen | Deputy | 1 company |
| Palle Bjerre Rasmussen | Management | 1 company |
| Majken Ferm Andersson | Deputy | 1 company |
| Helge Blicher Møller | Board of Directors | 1 company |
| Annett Dorph Isaksen | Board of Directors | 1 company |
| Michael Bertel Demant | Board of Directors | 1 company |
Frequently asked questions
What is the CVR number of NCC Danmark A/S?
NCC Danmark A/S is registered with CVR / Virk under CVR 69894011.
What is the revenue of NCC Danmark A/S?
NCC Danmark A/S reported revenue of DKK 7.3bn in 2025.
How many employees does NCC Danmark A/S have?
NCC Danmark A/S employs 1748 people as of the latest annual report.
Who is the chairman of NCC Danmark A/S?
Tomas Carl Georg Carlsson chairs the board of NCC Danmark A/S, in role since 2018.
Where is NCC Danmark A/S headquartered?
NCC Danmark A/S's registered address is Tobaksvejen 2A.