Thyborøn Skibssmedie A/S Due Diligence

Run due diligence on Thyborøn Skibssmedie A/S: check compliance and get alerts when suppliers or ownership change.

Denmark · owned by LARS W. ANDREASEN HOLDING ApS (Denmark) · thyboron-trawldoor.dk · 8 vendors

Thyborøn Skibssmedie A/S is a Danish manufacturer specializing in high-quality trawldoors for commercial fishing, including bottom, semi-pelagic, pelagic, and controllable trawldoor types. Founded in 1967 and based in Thyborøn, one of Denmark's leading fishing ports, the company supplies fishermen across all continents. It offers tailor-made trawldoors built to individual customer specifications, developed in cooperation with fishermen and technical experts from leading flume tanks worldwide.

Resilience scores

Digital Sovereignty: 25
Digital Resilience: 5
Financial Resilience: 6

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Insights

Last updated 2026-09-13 · revision 2

8 direct vendors, 60 subvendors

Direct vendors by controlling owner country (sample)

United States: 6
Denmark: 1
Germany: 1

Subvendors by controlling owner country (sample)

Sweden: 1
Hong Kong: 1
Germany: 2

Compliance

7 in-scope frameworks identified; showing 3.

Financials

Three-year financials

2025: gross profit DKK 39.6M, EBIT DKK 7.26M, equity DKK 45.4M
2024: gross profit DKK 38.6M, EBIT DKK 7.70M, equity DKK 57.2M
2023: gross profit DKK 39.0M, EBIT DKK 7.66M, equity DKK 51.8M

Financial Resilience Score: 6/10

Thyborøn Skibssmedie A/S is a long-established (founded 1967) specialist Danish manufacturer of trawl doors with a strong global niche position, self-describing as the world's leading trawl door manufacturer. Its resilience is supported by a broad product line within the niche, a globally diversified customer base across all continents, recurring aftermarket revenue from wear parts, and a countercyclical refurbished/used equipment channel. Its Made-in-Denmark quality positioning supports premium pricing. However, verified financial figures could not be retrieved in this session, limiting quantitative assessment. As a small Danish A/S, it faces scale limitations relative to diversified marine equipment groups, and its end market is cyclical—tied to commercial fishing fleet capex, fish quotas, fuel prices, and increasingly stringent regulation on bottom trawling (notably the EU Marine Action Plan targeting phase-out of mobile bottom-contacting gear in MPAs by 2030). Steel input cost volatility and FX exposure (DKK cost base vs. EUR/USD/ISK/NOK revenue) add margin risk. The company's recent innovation in controllable trawl doors (Bluestream 42, 2024) shows adaptive capacity to regulatory pressure, supporting a moderate resilience score.

Key strengths: Long history since 1967 with established global brand as leading trawl door manufacturer, Broad product diversification within niche (bottom, semi-pelagic, pelagic, controllable trawl doors), Global customer base across all continents reducing single-country demand risk, Recurring aftermarket revenue from wear parts (door shoes, wearsteel), Countercyclical second-hand/refurbished equipment channel, Premium Made-in-Denmark quality positioning with in-house R&D and flume-tank testing, Product innovation with controllable trawl doors (Bluestream range) addressing regulatory shifts

Risk factors: End-market cyclicality tied to commercial fishing fleet capex, fish quotas, and fuel prices, Regulatory pressure from EU Marine Action Plan phasing out bottom trawling in MPAs by 2030, Narrow niche focus limits diversification if fishing methods shift to pots, longlines, or aquaculture, Small-company scale limits ability to weather multi-year downturns, FX exposure with DKK cost base vs. EUR/USD/ISK/NOK export revenue, Steel and energy input cost volatility impacting margins

Revenue by geography

South Africa: 0%
North America (US Alaska, Canada): 0%
Asia-Pacific (Australia, New Zealand): 0%
Latin America (Peru, Chile, Argentina): 0%
Northern Europe (Denmark, Norway, Iceland, Faroe Islands, UK): 0%

Revenue by product/service

Trawl Doors (bottom, semi-pelagic, pelagic, controllable): 0%
Ancillary equipment (clumps, creepers, door shoes, wear steel, sensor pockets, steel floats): 0%

Workforce by country

Denmark: 0

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