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DSV Frø Danmark A/S

Public limited companyCVR 35411399HolstebroActive

DSV Frø Danmark A/S is a public limited company, based in Holstebro, active in wholesale of grain, unmanufactured tobacco, seeds and animal feeds, founded in 2013. Net profit rose 120% from 2024 to 2025, ending at DKK 1.9m. Measured by gross profit, it ranks no. 7 of 70 companies in the industry in the database. With 75 employees, the company is about 15 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 292.4m−5% vs. 2024
Net profitDKK 1.9m+119.6% vs. 2024
EquityDKK 126.9m+1.5% vs. 2024
Employees75latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 3% (2024 → 2025), to DKK 59.5m.
  • Revenue fell 5% (2024 → 2025), to DKK 292.4m.
  • Net profit rose 120% (2024 → 2025), to DKK 1.9m.
  • Equity rose 2% (2024 → 2025), to DKK 126.9m.

Employees

  • 2 more employees than a year earlier: 75 (07/2026) against 73 (07/2025).

Management and owners, last 24 months

  • New in management: Leif Thygesen (director, 01/01/2025) and Kevin Nowag (ceo, 01/01/2025).
  • Stepped down: Malte Otto (ceo, 01/01/2025).

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 thousand

Equity and net profit

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120m202020212022202320242025
EquityNet profit
Financial figures for DSV Frø Danmark A/S
202020212022202320242025Change
Revenue351,022383,565431,676348,065307,620292,380−5%
Gross profit83,18678,56473,53272,27961,33959,547−2.9%
Operating profit (EBIT)49,09842,36730,22827,12014,91415,722+5.4%
Profit before tax48,54741,55529,02819,0711,1452,471+115.8%
Net profit37,87532,43722,42415,2368701,911+119.6%
Total assets172,080191,288280,823384,753391,241418,367+6.9%
Equity113,655112,567112,641124,157125,027126,938+1.5%
Liabilities48,79671,000158,832250,100255,371281,105+10.1%
Cash and cash equivalents24,34629034849440769,453+16,980.9%
Average number of employees586270717166−7%

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 0DKK 20mDKK 40mDKK 60mDKK 80m202020212022202320242025
Gross profitMedian, the industry (70 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2021–2025.

    How is this calculated?

    Net result is positive in the five 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
Annual reports for DSV Frø Danmark A/S
Financial yearPeriodPublishedFigures forDocuments
202501/07/2024 – 30/06/202511/11/2025The companyPDF not statedXBRL
202401/07/2023 – 30/06/202427/09/2024The companyPDFXBRL
202301/07/2022 – 30/06/202320/12/2023The companyPDFXBRL
202201/07/2021 – 30/06/202204/01/2023The companyPDFXBRL
202101/07/2020 – 30/06/202112/11/2021The companyPDFXBRL
202001/07/2019 – 30/06/202005/11/2020The 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
02040608008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

70 companies in the database

Comparison with the other companies in wholesale of grain, unmanufactured tobacco, seeds and animal feeds based on the latest financial year.

Gross profitDKK 59.5mNo. 7 of 70
Better than 91% of the companies in the industry
EquityDKK 126.9mNo. 8 of 70
Better than 90% of the companies in the industry
Number of employees75No. 9 of 70
Better than 88% of the companies in the industry

Industry median: gross profit DKK 5.9m, net profit DKK 1.1m, equity DKK 9.6m, 5 employees.

DKK 163kDKK 2.1mDKK 26.7mDKK 342.7mDKK 1.9bnHere
Distribution of gross profit for 66 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 50–199 employees4,467 companies in the comparison
No. 1,433of 4,412
Better than 68%
No. 537of 4,466
Better than 88%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 562of 33,588
Better than 98%
No. 571of 33,687
Better than 98%
All companies of type A/S18,025 companies in the comparison
No. 2,475of 17,786
Better than 86%
No. 1,939of 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

Wholesale of grain, unmanufactured tobacco, seeds and animal feeds
Gross profit
  1. DSV Frø Danmark A/SDKK 59.5m
  2. Danish Agro A.m.b.a.DKK 4.4bn
  3. Dansk Landbrugs Frøselskab AMBADKK 1.6bn
Net profit
  1. DSV Frø Danmark A/SDKK 1.9m
  2. Danish Agro A.m.b.a.DKK 483.1m
  3. Dansk Landbrugs Frøselskab AMBADKK 260m
Equity
  1. DSV Frø Danmark A/SDKK 126.9m
  2. Danish Agro A.m.b.a.DKK 7.3bn
  3. Dansk Landbrugs Frøselskab AMBADKK 3.1bn
Employees
  1. DSV Frø Danmark A/S75
  2. Danish Agro A.m.b.a.952
  3. Dansk Landbrugs Frøselskab AMBA2

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
  • Deutsche Saatveredelung AG100%
DSV Frø Danmark A/S

Management

5 active registrations

Executive management

Executive management at DSV Frø Danmark A/S
NameRoleAppointed
Leif ThygesenDirector01/01/2025
Kevin NowagCEO01/01/2025

Board of directors

Board of directors at DSV Frø Danmark A/S
NameRoleAppointed
Clive KrückemeyerChair of the board27/10/2017
Edwin Dennes van SligterBoard member27/10/2017
Dr. Eike HupeBoard member07/02/2019
Former management (11)
Former management at DSV Frø Danmark A/S
NameRoleAppointedResigned
Jens HolstborgDirector01/08/201301/09/2017
Burkhard MiddendorfBoard member01/08/201323/06/2015
Johannes Peter Matthias AngenendtBoard member01/08/201307/02/2019
Christoph LüdeckeChair of the board01/08/201303/11/2015
Axel Erich KaskeBoard member23/06/201502/11/2015
Burkhard MiddendorfBoard member04/09/201518/11/2016
Axel Erich KaskeChair of the board03/11/201527/10/2017
Clive KrückemeyerBoard member18/11/201626/10/2017
Jens Rud RasmussenCEO01/09/201715/12/2017
Lasse Skovlund BechCEO15/12/201701/08/2024
Malte OttoCEO01/08/202401/01/2025

Signing rule: Selskabet tegnes af direktøren i forening med et bestyrelsesmedlem, to bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.

Address and production units

2 active production units

Energivej 3
7500 Holstebro

Holstebro Municipality · Postcode 7500

Production units
Production unitAddressEmployeesP number
DSV FRØ DANMARK A/SEnergivej 3, Måbjerg, 7500 Holstebro431018679376
DSV FRØ DANMARK A/SHunsballevej 6, 4200 Slagelse311018785176

Purpose

Selskabets formål er handel med og forarbejd-ning af frø, planteforædling, besiddelse af fast ejendom samt drift af virksomhed med kapitalanlæg at tilsikre aktionær og avlerne det bedst mulige udbytte.

The purpose is quoted from the register in Danish.

Changes year by year

35 registered events
20254 changesaccounts 1 · management 3
  • Annual report for 2025 published
  • Kevin Nowag appointed ceo
  • Leif Thygesen appointed director
  • Malte Otto stepped down as ceo
20243 changesaccounts 1 · management 2
  • Annual report for 2024 published
  • Malte Otto appointed ceo
  • Lasse Skovlund Bech stepped down as ceo
20232 changesaccounts 2
  • Annual report for 2023 published
  • Annual report for 2022 published
20211 changeaccounts 1
  • Annual report for 2021 published
20201 changeaccounts 1
  • Annual report for 2020 published
20192 changesmanagement 2
  • Dr. Eike Hupe appointed board member
  • Johannes Peter Matthias Angenendt stepped down as board member
20178 changesmanagement 8
  • Lasse Skovlund Bech appointed ceo
  • Jens Rud Rasmussen stepped down as ceo
  • Edwin Dennes van Sligter appointed board member
  • Clive Krückemeyer appointed chair of the board
  • Axel Erich Kaske stepped down as chair of the board
  • Clive Krückemeyer stepped down as board member
  • Jens Rud Rasmussen appointed ceo
  • Jens Holstborg stepped down as director
20162 changesmanagement 2
  • Clive Krückemeyer appointed board member
  • Burkhard Middendorf stepped down as board member
20156 changesmanagement 6
  • Axel Erich Kaske appointed chair of the board
  • Christoph Lüdecke stepped down as chair of the board
  • Axel Erich Kaske stepped down as board member
  • Burkhard Middendorf appointed board member
  • Axel Erich Kaske appointed board member
  • Burkhard Middendorf stepped down as board member
20136 changesownership 1 · founded 1 · management 4
  • Deutsche Saatveredelung AG registered as owner (100%)
  • Registered as DSV FRØ DANMARK A/S
  • Burkhard Middendorf appointed board member
  • Christoph Lüdecke appointed chair of the board
  • Johannes Peter Matthias Angenendt appointed board member
  • Jens Holstborg appointed director

Related companies

Same industry in Holstebro

See all →

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.

View in CVRReport a correction