Nasdaq CopenhagenIFRS · DKK

Tresu Investment Holding A/S

Tresu Investment Holding A/S is a Denmark-based industrial holding company centered on the Machines & Units and Ancillary businesses. Its activities include the sale of equipment and related services, with customers across Europe, the Americas, Asia, and the Middle East and Africa.

Liikevaihto313milj. DKK
−8,0 %v/v
Liikevoitto (EBIT)−45,5milj. DKK
+57,1 %v/v
EBIT-marginaali−14,6%
+16,7 %-yks.v/v
Nettotulos−83,6milj. DKK
+43,1 %v/v
Vapaa kassavirta−21,2milj. DKK
−113,4 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

−2000200400milj. DKK2020: 302 milj. DKK2020: EBIT −63 milj. DKK20202021: 341 milj. DKK2021: EBIT −52 milj. DKK20212022: 359 milj. DKK2022: EBIT −155 milj. DKK20222023: 389 milj. DKK2023: EBIT −189 milj. DKK20232024: 340 milj. DKK2024: EBIT −106 milj. DKK20242025: 313 milj. DKK2025: EBIT −46 milj. DKK2025313−46
LiikevaihtoLiikevoitto (EBIT)

Liiketoiminta

Osuus liikevaihdosta
Machines61 %

Industrial machine sales and related equipment sold to customers

Units39 %

Modular units and equipment delivered as part of the core product offering

Ancillary services0 %

Supporting services, licenses, and related contract activity tied to products

Asiakkaat

The company sells to industrial and commercial customers that purchase machines, units, and ancillary equipment for production-related uses. Its revenue base is spread across multiple regions, suggesting a mix of domestic and export customers, with the United States and broader international markets forming the core of demand.

Industrial machinery customers

Buy machines and related equipment for production and processing needs

Ancillary equipment customers

Buy supporting equipment and services tied to the installed base

International export customers

Buy across foreign markets where the company ships industrial products

Project and contract customers

Buy customized work recognized partly over time under contract terms

Strategia

The company appears focused on maintaining a broad regional sales footprint while monetizing both machine sales and ancillary revenue streams. Its asset base and revenue mix suggest a strategy of combining installed-base relationships, product sales, and contract work to support recurring customer engagement.

Diversify revenue across regionsKeskipitkä aikaväli

Reduces dependence on any single market and supports export-led growth

Monetize installed-base relationshipsKeskipitkä aikaväli

Ancillary products and services improve customer retention and broaden revenue

Protect and develop intellectual propertyPitkä aikaväli

Patents and licenses support differentiation and product value

Maantiede

Revenue is diversified across Denmark, Germany, the rest of Europe, the USA, the rest of North and South America, Asia, and the Middle East and Africa. The USA is the largest disclosed market, while Europe remains an important core region and the business also has meaningful exposure to Asia and other international markets.

Riskit

The business is exposed to cyclical industrial demand, foreign exchange movements, and customer concentration by region, especially given the large share of export sales. It also carries material accounting and balance-sheet sensitivity from intangible assets, lease assets, receivables, inventories, and debt-funded financing.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Financial leverage and interest burden1Regional demand concentration2Intangible asset impairment3Foreign exchange volatility4Customer credit and contract risk5
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Financial leverage and interest burdenVaikutus: KorkeaTodennäköisyys: Korkea

    The company has corporate bond and bank debt outstanding

    Kohdistuu: Net finance costs and liquidity

  2. Regional demand concentrationVaikutus: KorkeaTodennäköisyys: Kohtalainen

    A large share of sales comes from a few key export regions, especially the USA and Europe

    Kohdistuu: Sales and order intake

  3. Intangible asset impairmentVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The balance sheet contains patents, customer relations, and other intangibles that require judgment

    Kohdistuu: Earnings and equity

  4. Foreign exchange volatilityVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Revenue is generated across multiple currencies and regions while reporting is in DKK

    Kohdistuu: Margins and financial result

  5. Customer credit and contract riskVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Trade receivables and contract work in progress are meaningful working-capital items

    Kohdistuu: Cash conversion and bad debts

Kirjanpito

Harkinnanvaraiset erät
Revenue recognition timing

Revenue is recognized both at a point in time and over time, affecting comparability across periods

Vaikutus: Sales timing and margin profile

Intangible asset impairment

Patents, customer relations, and brands require impairment testing and judgment

Vaikutus: Earnings and asset values

Inventory valuation

Raw materials, WIP, and finished goods carry write-down risk

Vaikutus: Gross margin and working capital

Receivables loss allowance

Allowance for bad debts depends on collectability estimates

Vaikutus: Operating profit and cash flow

Lease accounting

Right-of-use assets and lease liabilities affect balance sheet leverage

Vaikutus: Debt and EBITDA presentation

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

Päivitetty: 24.10.2026