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Danish Salmon A/S

Public limited companyCVR 32554393HirtshalsActive

Danish Salmon A/S is a public limited company, based in Hirtshals, active in marine aquaculture, founded in 2009. Measured by gross profit, it ranks no. 6 of 12 companies in the industry in the database. The company made a loss in both 2025 and 2026, most recently DKK 5.2m. Operations are spread over 3 production units.

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Key figures · financial year 2026

RevenueDKK 103.2m−3.9% vs. 2025
Net profit−DKK 5.2m+22.6% vs. 2025
EquityDKK 25.9m−16.8% vs. 2025
Employees29latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2026 against 2025

  • Gross profit fell 62% (2025 → 2026), to DKK 4.3m.
  • Revenue fell 4% (2025 → 2026), to DKK 103.2m.
  • The loss got smaller: from DKK 6.8m to DKK 5.2m (2025 → 2026).
  • Equity fell 17% (2025 → 2026), to DKK 25.9m.

Employees

  • 3 fewer employees than a year earlier: 29 (08/2026) against 32 (08/2025).

Management and owners, last 24 months

  • New in management: Yohei Kuwano (board member, 31/03/2025) and Sato Yuji (board member, 23/03/2026).
  • Stepped down: Masaki Nozawa (board member, 31/03/2025) and Satoru Ichinokawa (board member, 23/03/2026).

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 2021–2026 · amounts in DKK thousand

Equity and net profit

−DKK 10mDKK 0DKK 10mDKK 20mDKK 30mDKK 40m202120222023202420252026
EquityNet profit
Financial figures for Danish Salmon A/S
202120222023202420252026Change
Revenue45,91037,61257,03366,138107,328103,186−3.9%
Gross profit−2,172−5,8503,2055,45011,2614,331−61.5%
Operating profit (EBIT)–−9,2013,16211,1633,5621,465−58.9%
Profit before tax−7,201−10,4089722,159−8,749−8,859−1.3%
Net profit−5,629−8,1317051,664−6,758−5,229+22.6%
Total assets124,998183,818227,679275,887269,724268,086−0.6%
Equity43,62335,49236,19837,86131,10325,874−16.8%
Liabilities81,375148,326191,482238,025238,621242,212+1.5%
Cash and cash equivalents6,3687,7454,0147,7371,9273,040+57.8%
Average number of employees1718192129290%

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.

Download the figures as CSV · free with an account, amounts in whole DKK

−DKK 6m−DKK 4m−DKK 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12m202120222023202420252026
Gross profitMedian, the industry (12 companies)

Signals from the financial statements

calculated from the 2026 figures

  • Loss for 2 years in a row

    Net result has been negative in 2025–2026.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Low equity ratio

    Equity makes up 10% of total assets in 2026.

    How is this calculated?

    Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.

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
Annual reports for Danish Salmon A/S
Financial yearPeriodPublishedFigures forDocuments
202601/04/2025 – 31/03/202626/06/2026The companyPDF not statedXBRL
202501/04/2024 – 31/03/202525/06/2025The companyPDF not statedXBRL
202401/04/2023 – 31/03/202403/07/2024The companyPDFXBRL
202301/04/2022 – 31/03/202312/06/2023The companyPDFXBRL
202201/04/2021 – 31/03/202218/06/2022The companyPDFXBRL
202101/01/2020 – 31/03/202111/06/2021The companyPDFXBRL

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 CVR
0510152025303509/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

12 companies in the database

Comparison with the other companies in marine aquaculture based on the latest financial year.

Gross profitDKK 4.3mNo. 6 of 12
Better than 55% of the companies in the industry
EquityDKK 25.9mNo. 4 of 12
Better than 73% of the companies in the industry
Number of employees29No. 3 of 12
Better than 82% of the companies in the industry

Industry median: gross profit DKK 3.1m, net profit −DKK 1.4m, equity DKK 8.2m, 5 employees.

DKK 104kDKK 383kDKK 1.4mDKK 5.2mDKK 12.4mHere
Distribution of gross profit for 10 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 20–49 employees9,922 companies in the comparison
No. 8,027of 9,892
Better than 19%
No. 1,381of 9,922
Better than 86%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 10,649of 24,791
Better than 57%
No. 3,755of 24,909
Better than 85%
All companies of type A/S18,025 companies in the comparison
No. 12,508of 17,786
Better than 30%
No. 5,369of 18,024
Better than 70%

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

Marine aquaculture
Gross profit
  1. Danish Salmon A/SDKK 4.3m
  2. Snaptun Fisk Export A/SDKK 19.2m
  3. Nordic Kingfish Hatchery A/SDKK 13.5m
Net profit
  1. Danish Salmon A/S−DKK 5.2m
  2. Snaptun Fisk Export A/SDKK 2.6m
  3. Nordic Kingfish Hatchery A/S−DKK 10.8m
Equity
  1. Danish Salmon A/SDKK 25.9m
  2. Snaptun Fisk Export A/SDKK 66.9m
  3. Nordic Kingfish Hatchery A/S−DKK 1.2m
Employees
  1. Danish Salmon A/S29
  2. Snaptun Fisk Export A/S8
  3. Nordic Kingfish Hatchery A/S11

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
Danish Salmon A/S

Management

6 active registrations

Executive management

Executive management at Danish Salmon A/S
NameRoleAppointed
Kim Hieronymus LyhneCEO15/04/2020

Board of directors

Board of directors at Danish Salmon A/S
NameRoleAppointed
Erik Munk PoulsenChair of the board15/09/2016
Alex Lynnerup JensenDeputy chair15/09/2016
Sato NaotoBoard member14/07/2023
Yohei KuwanoBoard member31/03/2025
Sato YujiBoard member23/03/2026
Founders
Søren Frandsen
Former management (20)
Former management at Danish Salmon A/S
NameRoleAppointedResigned
Søren FrandsenDirector26/10/200922/08/2014
Torben HartvigsenBoard member06/01/201131/10/2011
Steen Stubkjær JensenBoard member06/01/201118/06/2013
Alex Lynnerup JensenBoard member06/01/201114/09/2016
Poul-Erik Alexander KristensenChair of the board06/01/201131/10/2011
Susanne MunchBoard member06/01/201114/01/2019
Ole HatlebakkChair of the board31/10/201114/09/2016
Søren FrandsenBoard member18/06/201307/04/2015
Bent UrupDirector22/08/201405/05/2015
Jens Petri PetersenBoard member07/04/201515/04/2020
Erhard JoensenDirector06/05/201530/04/2018
Ole HatlebakkBoard member15/09/201615/04/2020
Kim Hieronymus LyhneDirector10/02/201714/04/2020
Terutaka KuraishiBoard member15/04/202010/08/2022
Tomohiko HiranoBoard member15/04/202007/06/2023
Kazunari NakamuraBoard member15/04/202029/04/2024
Tomoteru IeharaBoard member10/08/202214/07/2023
Seiichi KuwataBoard member07/06/202329/04/2024
Masaki NozawaBoard member29/04/202431/03/2025
Satoru IchinokawaBoard member29/04/202423/03/2026

Signing rule: Selskabet tegnes af den administrerende direktør eller af den samlede bestyrelse

Address and production units

3 active production units

Niels Juelsvej 46A
9850 Hirtshals

Hjørring Municipality · Postcode 9850

Production units
Production unitAddressEmployeesP number
FiskeproduktionNiels Juelsvej 46, 9850 Hirtshals211020368531
Danish Salmon SlagteriSøren Nordbysvej 22, 9850 Hirtshals61029077726
DANISH SALMON A/SSøren Nordbysvej 15, 9850 Hirtshals11015606963

Purpose

Selskabets formål er at drive opdræt af fisk, handel med fisk og hermed beslægtede produkter.

The purpose is quoted from the register in Danish.

Changes year by year

92 registered events
20263 changesaccounts 1 · management 2
  • Annual report for 2026 published
  • Sato Yuji appointed board member
  • Satoru Ichinokawa stepped down as board member
20253 changesaccounts 1 · management 2
  • Annual report for 2025 published
  • Yohei Kuwano appointed board member
  • Masaki Nozawa stepped down as board member
20245 changesaccounts 1 · management 4
  • Annual report for 2024 published
  • Satoru Ichinokawa appointed board member
  • Masaki Nozawa appointed board member
  • Seiichi Kuwata stepped down as board member
  • Kazunari Nakamura stepped down as board member
20236 changesmanagement 4 · accounts 1 · address 1
  • Sato Naoto appointed board member
  • Tomoteru Iehara stepped down as board member
  • Annual report for 2023 published
  • Seiichi Kuwata appointed board member
  • Tomohiko Hirano stepped down as board member
  • Moved to Niels Juelsvej 46A, 9850 Hirtshals
20223 changesmanagement 2 · accounts 1
  • Tomoteru Iehara appointed board member
  • Terutaka Kuraishi stepped down as board member
  • Annual report for 2022 published
20211 changeaccounts 1
  • Annual report for 2021 published
202015 changescapital 1 · management 7 · ownership 7
  • Share capital changed from 500,000 DKK to 1,099,316 DKK
  • Terutaka Kuraishi appointed board member
  • Tomohiko Hirano appointed board member
  • Kazunari Nakamura appointed board member
  • Kim Hieronymus Lyhne appointed ceo
  • Ole Hatlebakk stepped down as board member
  • Jens Petri Petersen stepped down as board member
  • Skagen Salmon Holding Partnerselskab registered as owner (25%)
  • Nissui Europe B.V. registered as owner (15%)
  • Marubeni Corporation registered as owner (50%)
  • Fræna Seafood AS is no longer registered as owner
  • PETRI HOLDING ApS is no longer registered as owner
  • CAL INVEST ApS is no longer registered as owner
  • OH FISKEEKSPORT A/S is no longer registered as owner
  • Kim Hieronymus Lyhne stepped down as director
20192 changesmanagement 1 · ownership 1
  • Susanne Munch stepped down as board member
  • STIMULI INVEST A/S is no longer registered as owner
20189 changesmanagement 1 · ownership 8
  • Erhard Joensen stepped down as director
  • STIMULI INVEST A/S registered as owner (10%)
  • Fræna Seafood AS registered as owner (15%)
  • PETRI HOLDING ApS registered as owner (15%)
  • CAL INVEST ApS registered as owner (33.33%)
  • Fræna Seafood AS is no longer registered as owner
  • STIMULI INVEST A/S is no longer registered as owner
  • PETRI HOLDING ApS is no longer registered as owner
  • CAL INVEST ApS is no longer registered as owner
20171 changemanagement 1
  • Kim Hieronymus Lyhne appointed director
201611 changesmanagement 5 · capital 1 · ownership 5
  • Erik Munk Poulsen appointed chair of the board
  • Ole Hatlebakk appointed board member
  • Alex Lynnerup Jensen appointed deputy chair
  • Ole Hatlebakk stepped down as chair of the board
  • Alex Lynnerup Jensen stepped down as board member
  • Share capital changed from 9,568,182 DKK to 500,000 DKK
  • Fræna Seafood AS registered as owner (5%)
  • STIMULI INVEST A/S registered as owner (20%)
  • HOLDINGSELSKABET FSH AF 21.12.2010 ApS is no longer registered as owner
  • MEDIPURE INVEST A/S is no longer registered as owner
  • BENT URUP HOLDING ApS is no longer registered as owner
201511 changesmanagement 4 · capital 1 · ownership 6
  • Erhard Joensen appointed director
  • Bent Urup stepped down as director
  • Share capital changed from 3,568,182 DKK to 9,568,182 DKK
  • Jens Petri Petersen appointed board member
  • Søren Frandsen stepped down as board member
  • PETRI HOLDING ApS registered as owner (10%)
  • HOLDINGSELSKABET FSH AF 21.12.2010 ApS registered as owner (5%)
  • CAL INVEST ApS registered as owner (25%)
  • OH FISKEEKSPORT A/S registered as owner (20%)
  • MEDIPURE INVEST A/S registered as owner (25%)
  • BENT URUP HOLDING ApS registered as owner (5%)
20143 changescapital 1 · management 2
  • Share capital changed from 1,750,000 DKK to 3,568,182 DKK
  • Bent Urup appointed director
  • Søren Frandsen stepped down as director
20133 changesindustry 1 · management 2
  • Industry changed to Marine aquaculture (032100)
  • Søren Frandsen appointed board member
  • Steen Stubkjær Jensen stepped down as board member
20121 changecapital 1
  • Share capital changed from 660,000 DKK to 1,750,000 DKK
201113 changesname 2 · address 2 · management 8 · capital 1
  • Name changed from LÆSØ LAKS A/S to DANISH SALMON A/S
  • Moved to Søren Nordbysvej 15, 9850 Hirtshals
  • Ole Hatlebakk appointed chair of the board
  • Torben Hartvigsen stepped down as board member
  • Poul-Erik Alexander Kristensen stepped down as chair of the board
  • Name changed from LÆSØ LAKS ApS to LÆSØ LAKS A/S
  • Moved to Sumatravej 6, 8000 Aarhus C
  • Share capital changed from 125,000 DKK to 660,000 DKK
  • Torben Hartvigsen appointed board member
  • Alex Lynnerup Jensen appointed board member
  • Susanne Munch appointed board member
  • Poul-Erik Alexander Kristensen appointed chair of the board
  • Steen Stubkjær Jensen appointed board member
20092 changesfounded 1 · management 1
  • Registered as LÆSØ LAKS ApS
  • Søren Frandsen appointed director

Related companies

Same people in management

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.

View in CVRReport a correction