News
Published
29 September 2026
Last Updated
29 September 2026
15 min read
DS Gruppen A/S looks back on a 2025/26 financial year characterised by intense competition, declining activity in key parts of the market and a major fire at DS Stålkonstruktion. Despite these challenging conditions, the Group maintained its market position and carried out a number of investments and strategic initiatives focused on future development.
PRESS RELEASE Hobro, 29 September 2026
During the financial year, DS Gruppen generated total revenue of approximately DKK 2.4 billion and ended the year with equity of approximately DKK 1.3 billion. At the same time, the Group invested almost DKK 80 million and took further steps in organisational development, new market opportunities and international activities.
“The 2025/26 financial year was characterised by considerable competitive pressure and a stagnating market. On top of this, we faced exceptionally high costs as a result of the fire at DS Stålkonstruktion. This makes me all the more pleased with the strength demonstrated by our employees, customers and partners throughout the year. Despite these challenges, we have maintained our market position, successfully delivered important customer projects and, at the same time, continued to invest strategically in the future,” says Morten Kaad.
Continued Operations and Rebuilding Following Major Fire
One of the year’s biggest challenges arose in October 2025, when DS Stålkonstruktion was hit by a major fire that caused significant damage to its production facilities. The fire had a considerable impact on the company’s financial performance for the year, but customer projects were able to continue and be completed while rebuilding progressed at an impressive pace. At the same time, DS Stålkonstruktion modernised its production capacity and invested more than DKK 60 million in facilities and infrastructure during the financial year, in addition to the rebuilding work following the fire damage.
Investing in Future Development
During the financial year, particular emphasis was placed on the continued development of the Group. Collaboration between the business units was intensified, while key management and leadership processes were further developed. At the same time, collaboration with GOLDBECK was expanded, with a focus on sharing expertise, experience and market opportunities across the Group.
DS Gruppen also worked to lay the foundationsfor new business areas, products and market opportunities, as well as the further development of its activities in Scandinavia and selected European markets.
“Alongside successfully managing our day-to-day operations, we have consistently worked on the future of the Group. Our focus has been on organisational development, further strengthening our market position, pursuing new business opportunitiesand developing even closer collaboration within DS Gruppen and with GOLDBECK. These initiatives provide the foundation for long-term, profitable growth,” concludes Mike Flörke.
Developments Across DS Gruppen’s Four Business Units
DS Flexhal Prepares the Organisation for Increased Activity
DS Flexhal A/S maintained its position as one of Denmark’s leading suppliers of turnkey commercial and industrial buildings. The company achieved a profit for the year of approximately DKK 50 million and has equity of more than DKK 600 million.
During the year, DS Flexhal focused on developing its organisation and sales activities while expanding its activities in Sweden. For the coming financial year, the company expects increased activity and improved financial performance.
“During the 2025/26 financial year, we focused on systematically preparing the organisation for the next phase of growth. At the same time, we further strengthened our market position and laid the foundations for supporting our customers even better in the future,” says Mike Flörke, CEO of DS Flexhal.
DS Stålkonstruktion Demonstrated Strength in an Extraordinary Year
The fire and subsequent rebuilding had a significant impact on the year at DS Stålkonstruktion A/S. At the same time, the company continued to develop its activities in Scandinavia and strategic parts of Europe.
The company continues to have a solid capital base and expects a significant improvement in its financial performance in 2026/27.
“The events of the past year have demonstrated the strength of our organisation. I am proud of the way our employees, customers and partners worked together to manage the consequences of the fire while continuing to deliver our projects successfully. We are now firmly focused on the future again,” says Morten Kaad, CEO of DS Stålkonstruktion.
DS Elcobyg Delivers a Positive Result in a Declining Market
DS Elcobyg A/S achieved a positive result in a year marked by declining activity in parts of the construction and precast concrete market. At the same time, the company continued to invest in production capacity and energy-efficient processes. With 184 employees, DS Elcobyg remains a strong part of the Group’s value chain. Throughout the year, the company focused on customer-specific solutions, reliable deliveries and the continuous improvement of production processes.
“Our strength lies in our close collaboration with our customers and our ability to deliver tailored solutions cost-effectively. Even in a challenging market, we have once again demonstrated our expertise and reliability and achieved a result above the industry average,” explains CEO Anders Brinch Sørensen.
DS Stålprofil Strengthens Customer Collaboration and Production
DS Stålprofil A/S maintained its market position in roofing and façade solutions. Close collaboration with professionals across construction, architecture and engineering remains a central part of the company’s work to develop solutions for specific projects. At the same time, the company invested in production facilities, digital tools and the optimisation of logistics and delivery processes. DS Stålprofil is also actively developing data-driven processes with a focus on increasing efficiency, quality and the customer experience.
Thomas Rasmussen, CEO of DS Stålprofil, says: “Our strong collaboration with customers, architects and consultants is crucial to our success. Through close dialogue and professional knowledge-sharing, we develop solutions that combine architectural ambitions, high quality and a lower climate impact. At the same time, we continuously invest in technology, production development and the opportunities offered by artificial intelligence and new technologies, enabling us to create even greater value for our customers.”
Further Development of ESG Across the Group
During the financial year, DS Gruppen continued to develop its Group-wide approach to ESG. The Group’s ESG structures were further developed, while the data foundation for future ESG reporting was expanded.
As part of its work on energy and climate, DS Gruppen has entered into a Power Purchase Agreement (PPA), which, from 2027, is expected to supply renewable energy from wind and solar sources equivalent to 70% of DS’s electricity consumption. During the financial year, DS Gruppen also implemented Tanso as its software solution for collecting and structuring climate data.
Our Employees Make the Difference
Behind DS Gruppen’s success are 720 dedicated employees working in production, on construction sites, in engineering departments and in administrative functions. The challenges of the past year have placed particular demands on collaboration, flexibility and responsibility across the organisation.
During the year, DS Gruppen also focused on recruitment and talent development, training and continuing professional development, leadership development, and maintaining a safe and healthy working environment. DS also continued to develop its initiatives relating to collaboration, skills development and digital competencies.
“When I look back on the past year, I am first and foremost proud of our employees. Their commitment, flexibility and work ethic have played a major part in enabling us to overcome the challenges we faced while actively shaping the future of our Group,” says Morten Kaad, Co-CEO of DS Gruppen.
Outlook for 2026/27
DS Gruppen expects the market to remain challenging in the 2026/27 financial year. DS enters the year with a strong market position, a solid financial foundation and ongoing initiatives within organisational and business development. For the financial year, DS Gruppen expects EBIT of between DKK 100 million and DKK 150 million.
“The past few months have shown that DS Gruppen remains strong and capable of taking action, even under difficult market conditions. With a strong organisation, a high degree of financial stability and clear strategic priorities, we believe DS is well equipped to successfully shape its next phase of development,” concludes Co-CEO Mike Flörke.
About DS Gruppen
DS Gruppen was founded in 1969 and comprises DS Flexhal, a turnkey contractor delivering all types of commercial buildings; DS Stålkonstruktion, which designs, manufactures and installs steel structures; DS Elcobyg, which designs and manufactures precast concrete elements; and DS Stålprofil, which supplies thin-sheet steel roofing and façade cladding. DS Gruppen is headquartered in Hobro and has sales offices in Norway, Sweden and Germany.
About DS GOLDBECK
Goldbeck builds future-oriented buildings. The company regards buildings as products, which it delivers efficiently by serving as a one-stop shop: from design and construction to services during operation. In line with the aspiration “Building Excellence”, the family-owned company carries out real estate projects fast, sustainably and cost-effectively, with a perfectly fitting functionality.
Goldbeck is a partner for medium-sized and large companies, investors, project developers and public-sector clients. Our range of services includes warehouses and factories, multi-storey car parks, office and school buildings, sports halls, rescue- and safety buildings as well as residential buildings. In addition, Goldbeck is active in the field of data center construction. Existing building refurbishment and expansion of existing buildings, as well as building-related services complete the Goldbeck spectrum. In the financial year 2025/26, Goldbeck completed 526 projects with a total output of 6.3 billion euros. Currently, the company employs more than 14,000 people at more than 100 locations across Europe.
Morten Kaad, Co-CEO: mka@ds-gruppen.dk
Mike Flörke, Co-CEO: mfl@ds-gruppen.dk
Contact: Tina Woods, Head of Marketing & Communications: two@ds-gruppen.dk
