Four years in a row: Orskov Yard builds on momentum with new revenue record

Four years in a row: Orskov Yard builds on momentum with new revenue record 📈 🙌

We have just published our annual report, setting a revenue record for the fourth consecutive year.

In 2024-25, revenue has increased from DKK 808 million to DKK 914 million, and over the past five years, we have seen a growth of no less than 75%.

The profit before tax of DKK 121 million is the second-best result ever, and a clear indication that the yard provides the competencies and facilities shipowners are looking for in a highly competitive market.

“It is a very satisfactory result that once again pushes the boundaries for the capabilities of our skilled workforce and production facilities. By entering into more framework agreements with shipowners across various vessel segments, we are securing more dockings and maintaining higher activity levels year-round. Over a long period, we have steadily increased activity levels while expanding our facilities and training many new skilled workers. I am very proud that we have succeeded in doing so,” said CEO Lars Fischer.

🔗Read more about our annual report (in Danish)🔗:

Børsen ➡️ https://borsen.dk/nyheder/virksomheder/nordjysk-vaerft-saetter-rekord-for-fjerde-ar-i-traekhttps://lnkd.in/egVcKXeR

Kanal Frederikshavn ➡️ https://www.kanalfrederikshavn.dk/vis/nyhed/orskov-yard-fortsaetter-fremgangen-ny-omsaetningsrekordhttps://lnkd.in/emrcr58K