CerCa A/S
Public limited companyCVR 38965042JuelsmindeActive
CerCa A/S is a public limited company, based in Juelsminde, active in non-financial holding companies, founded in 2017. The company made a loss in both 2024 and 2025, most recently DKK 31,415. With 6 employees, the company is about 6 times larger than the industry median. 8 people are registered in the company's management and ownership.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- The loss grew: from DKK 12,307 to DKK 31,415 (2024 → 2025).
- Equity fell 3% (2024 → 2025), to DKK 956k.
Management and owners, last 24 months
- New in management: Jørgen Larsen Tørnæs (ceo, 01/05/2025).
- Stepped down: Morten Wagner (ceo, 01/05/2025).
Registrations, last 24 months
- 28/07/2026: Moved to Pilealle 18, 7130 Juelsminde
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 | −62 | −28 | −95 | −49 | −26 | −46 | −77.3% |
| Operating profit (EBIT) | −62 | – | – | – | – | – | – |
| Net profit | −66 | −46 | −105 | −37 | −12 | −31 | −155.3% |
| Total assets | 1,271 | 1,229 | 1,135 | 1,095 | 1,087 | 988 | −9.1% |
| Equity | 1,187 | 1,142 | 1,036 | 1,000 | 987 | 956 | −3.2% |
| Liabilities | 83 | 87 | 99 | 95 | 99 | 32 | −67.8% |
| Cash and cash equivalents | 1,252 | 1,222 | 1,124 | 1,089 | 1,080 | 980 | −9.2% |
| Average number of employees | 0 | – | – | 0 | 0 | 0 | – |
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
Signals from the financial statements
calculated from the 2025 figuresLoss for 6 years in a row
Net result has been negative in 2020–2025.
How is this calculated?
Net result is negative in the two or more latest annual reports in a row.
The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 26/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 01/05/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 06/05/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 25/05/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 12/05/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 28/05/2021 | 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.
Position in the industry
2,138 companies in the databaseComparison with the other companies in non-financial holding companies based on the latest financial year.
Industry median: gross profit −DKK 31,805, net profit DKK 701k, equity DKK 32.1m, 1 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. 64,916of 69,742 Better than 7% | No. 34,297of 69,964 Better than 51% |
| Same industry and fewer than 20 employees2,092 companies in the comparison | No. 1,094of 2,048 Better than 47% | No. 1,865of 2,092 Better than 11% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 31,922of 33,588 Better than 5% | No. 15,767of 33,687 Better than 53% |
| All companies of type A/S18,025 companies in the comparison | No. 16,747of 17,786 Better than 6% | No. 16,025of 18,024 Better than 11% |
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
Non-financial holding companies- CerCa A/S−DKK 46,399
- Heartland A/SDKK 19.9bn
- Andel A.M.B.A.DKK 5.6bn
- CerCa A/S−DKK 31,415
- Heartland A/SDKK 4.9bn
- Andel A.M.B.A.−DKK 2.9bn
- CerCa A/SDKK 956k
- Heartland A/SDKK 39.2bn
- Andel A.M.B.A.DKK 29.5bn
- CerCa A/S6
- Heartland A/S34
- Andel A.M.B.A.28
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- CUBAGRO Holding ApS50%
- Impact Fund Denmark (tidl. Investeringsfonden for Udviklingslande)33.33%
Management
8 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Jørgen Larsen Tørnæs | CEO | 01/05/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Jørgen Larsen Tørnæs | Board member | 25/09/2017 |
| Carsten Lind Pedersen | Board member | 26/05/2020 |
| Frank Kartz Johansen | Chair of the board | 01/03/2021 |
| Jytte Rosenmaj | Board member | 01/03/2021 |
| Anders Peter Frigaard | Board member | 26/05/2021 |
| Jens Møller-Knudsen | Board member | 11/05/2022 |
| Bent Ulrik Porsborg | Board member | 11/05/2022 |
- Founders
- CUBAGRO Holding ApS
Former management (9)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Carsten Lind Pedersen | Director | 25/09/2017 | 01/03/2021 |
| Ole Bjerremand Hansen | Board member | 25/09/2017 | 29/05/2019 |
| Frank Kartz Johansen | Board member | 25/09/2017 | 28/02/2021 |
| Jytte Rosenmaj | Chair of the board | 25/09/2017 | 28/02/2021 |
| Karsten Eyvind Hoydal | Board member | 25/09/2017 | 11/05/2022 |
| Henrik Bent Jepsen | Board member | 02/10/2017 | 22/06/2018 |
| Jakob Anker Tvede | Board member | 22/06/2018 | 26/05/2021 |
| Morten Wagner | Board member | 29/05/2019 | 11/05/2022 |
| Morten Wagner | CEO | 01/03/2021 | 01/05/2025 |
Signing rule: Selskabet tegnes af en direktør og bestyrelsesformanden i forening, af direktøren og to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.
Address and production units
1 active production unitsPilealle 18
7130 Juelsminde
Hedensted Municipality · Postcode 7130
Other companies at the address (1)
- Tofthøj Agro A/SOffice administrative and support activities
| Production unit | Address | Employees | P number |
|---|---|---|---|
| CerCa A/S | Pilealle 18, 7130 Juelsminde | 6 | 1022875538 |
Purpose
Selskabets formål er direkte og indirekte investering i landbrug, fødevarer- og svineproduktion i Caribien og Sydamerika.
The purpose is quoted from the register in Danish.
Changes year by year
37 registered events20262 changesaddress 1 · accounts 1
- AddressMoved to Pilealle 18, 7130 Juelsminde
- AccountsAnnual report for 2025 published
20253 changesmanagement 2 · accounts 1
- ManagementJørgen Larsen Tørnæs appointed ceo
- ManagementMorten Wagner stepped down as ceo
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20225 changesaccounts 1 · management 4
- AccountsAnnual report for 2021 published
- ManagementBent Ulrik Porsborg appointed board member
- ManagementJens Møller-Knudsen appointed board member
- ManagementMorten Wagner stepped down as board member
- ManagementKarsten Eyvind Hoydal stepped down as board member
20219 changesaccounts 1 · management 8
- AccountsAnnual report for 2020 published
- ManagementAnders Peter Frigaard appointed board member
- ManagementJakob Anker Tvede stepped down as board member
- ManagementMorten Wagner appointed ceo
- ManagementFrank Kartz Johansen appointed chair of the board
- ManagementJytte Rosenmaj appointed board member
- ManagementCarsten Lind Pedersen stepped down as director
- ManagementFrank Kartz Johansen stepped down as board member
- ManagementJytte Rosenmaj stepped down as chair of the board
20201 changemanagement 1
- ManagementCarsten Lind Pedersen appointed board member
20192 changesmanagement 2
- ManagementMorten Wagner appointed board member
- ManagementOle Bjerremand Hansen stepped down as board member
20182 changesmanagement 2
- ManagementJakob Anker Tvede appointed board member
- ManagementHenrik Bent Jepsen stepped down as board member
201711 changescapital 1 · management 7 · ownership 2 · founded 1
- CapitalShare capital changed from 520,000 DKK to 1,000,000 DKK
- ManagementHenrik Bent Jepsen appointed board member
- OwnershipImpact Fund Denmark (tidl. Investeringsfonden for Udviklingslande) registered as owner (33.33%)
- FoundedRegistered as CerCa A/S
- ManagementFrank Kartz Johansen appointed board member
- ManagementOle Bjerremand Hansen appointed board member
- ManagementJørgen Larsen Tørnæs appointed board member
- ManagementJytte Rosenmaj appointed chair of the board
- ManagementCarsten Lind Pedersen appointed director
- ManagementKarsten Eyvind Hoydal appointed board member
- OwnershipCUBAGRO Holding ApS registered as owner (50%)
Related companies
Same industry in Hedensted
- JBH Gruppen A/S12 employees
- Juul Group ApS8 employees
- Sole Holding ApS7 employees
- Hansen & Hansen Ejendomme ApS5 employees
- Jkolesen Holding ApS3 employees
- A/S af 19463 employees
Same people in management
- Nutrimin A/Svia Carsten Lind Pedersen
- Civagård A/Svia Frank Kartz Johansen
- Hotel Bramslevgaard ApSvia Frank Kartz Johansen
- Agreena ApSvia Jytte Rosenmaj
- Erria A/Svia Bent Ulrik Porsborg
- 3S A/Svia Carsten Lind Pedersen
Largest in the industry
- Heartland A/SDKK 19.9bn
- Andel A.M.B.A.DKK 5.6bn
- Norlys a.m.b.a.DKK 5.3bn
- Lauritzen Fonden Holding ApSDKK 4.1bn
- Per Aarsleff Holding A/SDKK 2.8bn
- C.W. Obel Holding P/SDKK 2.2bn
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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.