Alfarvad A/S
Public limited companyCVR 33217110SæbyActive
Alfarvad A/S is a public limited company, based in Sæby, active in growing of cereals (except rice), leguminous crops and oil seeds, founded in 1916. The company went from a profit in 2024 to a loss of DKK 14.1m in 2025. With 18 employees, the company is about 6 times larger than the industry median. The company has existed for over 110 years.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Net profit went from a profit of DKK 3m to a loss of DKK 14.1m (2024 → 2025).
- Equity fell 10% (2024 → 2025), to DKK 130.4m.
Employees
- 1 fewer employees than a year earlier: 18 (08/2026) against 19 (08/2025).
Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.
Financial statements
Financial years 2020–2025 · amounts in DKK thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | −611 | 1,898 | −2,539 | −1,204 | −4,789 | −5,584 | −16.6% |
| Operating profit (EBIT) | −5,764 | −3,893 | −8,903 | −7,127 | −11,477 | −12,421 | −8.2% |
| Profit before tax | 754 | 24,699 | 2,385 | 18,902 | 3,511 | −18,539 | −628.1% |
| Net profit | 703 | 19,513 | 1,847 | 14,831 | 3,013 | −14,137 | −569.2% |
| Total assets | 152,577 | 173,243 | 178,430 | 203,454 | 208,893 | 189,548 | −9.3% |
| Equity | 110,114 | 129,627 | 131,474 | 146,305 | 145,318 | 130,431 | −10.2% |
| Liabilities | 42,292 | 41,407 | 44,788 | 54,953 | 61,555 | 59,117 | −4% |
| Cash and cash equivalents | 1,303 | 154 | 239 | 96 | 203 | 143 | −29.5% |
| Average number of employees | 12 | 12 | 14 | 15 | 16 | 18 | +12.5% |
Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.
Download the figures as CSV · free with an account, amounts in whole DKK
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 02/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 02/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 17/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 23/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 20/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 06/07/2021 | The company | PDFXBRL |
The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.
Employees
monthly figures from CVRPosition in the industry
191 companies in the databaseComparison with the other companies in growing of cereals (except rice), leguminous crops and oil seeds based on the latest financial year.
Industry median: gross profit DKK 3m, net profit DKK 223k, equity DKK 20.3m, 3 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 69,550of 69,742 Better than 0% | No. 1,458of 69,964 Better than 98% |
| Same industry and fewer than 20 employees181 companies in the comparison | No. 179of 181 Better than 1% | No. 14of 181 Better than 93% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 10,115of 10,152 Better than 0% | No. 1,056of 10,275 Better than 90% |
| All companies of type A/S18,025 companies in the comparison | No. 17,651of 17,786 Better than 1% | No. 1,909of 18,024 Better than 89% |
The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.
Compare with the industry
Growing of cereals (except rice), leguminous crops and oil seeds- Alfarvad A/S−DKK 5.6m
- Glerup A/SDKK 383.3m
- Constantinsborg A/SDKK 57.4m
- Alfarvad A/S−DKK 14.1m
- Glerup A/SDKK 27.6m
- Constantinsborg A/S−DKK 14.9m
- Alfarvad A/SDKK 130.4m
- Glerup A/SDKK 690.1m
- Constantinsborg A/SDKK 2.9bn
- Alfarvad A/S18
- Glerup A/S5
- Constantinsborg A/S28
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- SH Alfarvad Holding ApS50% · 66.67% votes
- PW Eugene ApS10% · 0% votes
- Nichlas Wendelboe Holding ApS10% · 0% votes
- Annesofie Madsen ApS10% · 0% votes
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Philip Pless Wendelboe | CEO | 01/07/2024 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Philip Pless Wendelboe | Board member | 01/06/2001 |
| Nichlas Wendelboe Hansen | Board member | 06/06/2003 |
| Susanne Hansen | Board member | 19/04/2006 |
| Annesofie Madsen | Board member | 02/04/2007 |
Former management (10)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Jens Erik Jensen | Board member | 30/10/1916 | 10/10/2005 |
| Arthur Hahn-Pedersen | Board member | 30/10/1916 | 23/02/1990 |
| Niels Johan Goth | Board member | 30/10/1916 | 31/01/1999 |
| Niels Johan Goth | Director | 30/10/1916 | 31/01/1999 |
| Grete Valentin Jensen | Board member | 30/10/1916 | 06/01/2001 |
| Jens Erik Jensen | CEO | 29/11/1996 | 10/10/2005 |
| Annelise Goth | Board member | 06/06/2003 | 16/04/2006 |
| Martin Ingvard Svanberg Lund | Board member | 10/10/2005 | 15/06/2022 |
| Christina Goth-Rindal | Board member | 10/10/2005 | 16/04/2006 |
| Susanne Hansen | CEO | 11/08/2006 | 01/07/2024 |
Signing rule: Selskabet tegnes af en direktør alene eller af den samlede bestyrelse.
Address and production units
1 active production unitsGrønhedevej 58
9300 Sæby
| Production unit | Address | Employees | P number |
|---|---|---|---|
| ALFARVAD A/S | Grønhedevej 58, 9300 Sæby | 18 | 1003039451 |
Purpose
Selskabets formål er at drive handel, investering, skovbrug, landbrug og anden i forbindelse hermed stående virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
51 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20243 changesmanagement 2 · accounts 1
- ManagementPhilip Pless Wendelboe appointed ceo
- ManagementSusanne Hansen stepped down as ceo
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20222 changesaccounts 1 · management 1
- AccountsAnnual report for 2021 published
- ManagementMartin Ingvard Svanberg Lund stepped down as board member
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20168 changesownership 8
- OwnershipAnnesofie Madsen ApS registered as owner (10%)
- OwnershipSH Alfarvad Holding ApS registered as owner (50%)
- OwnershipPW Eugene ApS registered as owner (10%)
- OwnershipNichlas Wendelboe Holding ApS registered as owner (10%)
- OwnershipSusanne Hansen is no longer registered as owner
- OwnershipPhilip Pless Wendelboe is no longer registered as owner
- OwnershipNichlas Wendelboe Hansen is no longer registered as owner
- OwnershipAnnesofie Madsen is no longer registered as owner
20111 changeaddress 1
- AddressMoved to Grønhedevej 58, 9300 Sæby
20101 changename 1
- NameName changed from J.-E. JENSEN. ALFARVAD A/S to ALFARVAD A/S
20091 changecapital 1
- CapitalShare capital changed from 5,245,000 DKK to 4,105,500 DKK
20081 changeindustry 1
- IndustryIndustry changed to Growing of cereals (except rice), leguminous crops and oil seeds (011100)
20071 changemanagement 1
- ManagementAnnesofie Madsen appointed board member
20069 changescapital 1 · management 4 · ownership 4
- CapitalShare capital changed from 8,550,000 DKK to 5,245,000 DKK
- ManagementSusanne Hansen appointed ceo
- OwnershipSusanne Hansen registered as owner (50%)
- OwnershipPhilip Pless Wendelboe registered as owner (10%)
- OwnershipNichlas Wendelboe Hansen registered as owner (10%)
- OwnershipAnnesofie Madsen registered as owner (10%)
- ManagementSusanne Hansen appointed board member
- ManagementChristina Goth-Rindal stepped down as board member
- ManagementAnnelise Goth stepped down as board member
20054 changesmanagement 4
- ManagementMartin Ingvard Svanberg Lund appointed board member
- ManagementChristina Goth-Rindal appointed board member
- ManagementJens Erik Jensen stepped down as ceo
- ManagementJens Erik Jensen stepped down as board member
20032 changesmanagement 2
- ManagementAnnelise Goth appointed board member
- ManagementNichlas Wendelboe Hansen appointed board member
20021 changeindustry 1
- IndustryIndustry changed to Stutterier (012210)
20012 changesmanagement 2
- ManagementPhilip Pless Wendelboe appointed board member
- ManagementGrete Valentin Jensen stepped down as board member
19992 changesmanagement 2
- ManagementNiels Johan Goth stepped down as director
- ManagementNiels Johan Goth stepped down as board member
19961 changemanagement 1
- ManagementJens Erik Jensen appointed ceo
19902 changescapital 1 · management 1
- CapitalShare capital changed from 5,700,000 DKK to 8,550,000 DKK
- ManagementArthur Hahn-Pedersen stepped down as board member
19166 changesfounded 1 · management 5
- FoundedRegistered as J.-E. JENSEN. ALFARVAD A/S
- ManagementGrete Valentin Jensen appointed board member
- ManagementArthur Hahn-Pedersen appointed board member
- ManagementJens Erik Jensen appointed board member
- ManagementNiels Johan Goth appointed director
- ManagementNiels Johan Goth appointed board member
Related companies
Same people in management
- C.m. Transport A/Svia Martin Ingvard Svanberg Lund
- N. O. Jensen A/Svia Martin Ingvard Svanberg Lund
- Aalborg Rejsebureau ApSvia Martin Ingvard Svanberg Lund
- Euro Tourist Rejsebureau ApSvia Martin Ingvard Svanberg Lund
- B.A. Holding Skørping ApSvia Martin Ingvard Svanberg Lund
Largest in the industry
- Glerup A/SDKK 383.3m
- Constantinsborg A/SDKK 57.4m
- Maskinstation Martin Børsting A/SDKK 54.6m
- Nordic Seed A/SDKK 53.5m
- Store Frederikslund A/SDKK 52.2m
- Holdan Agro P/SDKK 49.1m
Source and updates
The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026.