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Euro Steel 1988 ApS

Private limited companyCVR 12119704HedenstedActive

Euro Steel 1988 ApS is a private limited company, based in Hedensted, active in renting of commercial property, founded in 1988. Measured by gross profit, it ranks no. 2 of 1,763 companies in the industry in the database. With 4 employees, the company is about 4 times larger than the industry median. 5 other companies in the database are registered at the same address.

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Key figures · financial year 2025

RevenueDKK 2.5bn+20.5% vs. 2024
Net profitDKK 180.9m−4.1% vs. 2024
EquityDKK 1.8bn+8.8% vs. 2024
Employees4latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 16% (2024 → 2025), to DKK 719.3m.
  • Revenue rose 21% (2024 → 2025), to DKK 2.5bn.
  • Net profit fell 4% (2024 → 2025), to DKK 180.9m.
  • Equity rose 9% (2024 → 2025), to DKK 1.8bn.

Employees

  • 2 more employees than a year earlier: 4 (08/2026) against 2 (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 thousand

Equity and net profit

DKK 0DKK 200mDKK 400mDKK 600mDKK 800mDKK 1bnDKK 1.2bnDKK 1.4bnDKK 1.6bnDKK 1.8bn202020212022202320242025
EquityNet profit
Financial figures for Euro Steel 1988 ApS
202020212022202320242025Change
Revenue1,143,4931,412,7971,708,2582,400,8672,042,1602,461,600+20.5%
Gross profit254,415381,714478,280558,130620,942719,303+15.8%
Operating profit (EBIT)88,683191,404295,294197,946227,437219,275−3.6%
Profit before tax90,203207,389301,982218,378230,360226,736−1.6%
Net profit69,982162,124241,400188,773188,668180,851−4.1%
Total assets1,500,8271,613,2861,905,8742,651,6452,604,0152,604,323+0%
Equity915,2221,077,8211,345,0851,523,7191,695,9611,845,899+8.8%
Liabilities557,782501,044525,6101,094,723863,702734,012−15%
Cash and cash equivalents4,62343,717131,05910,65033,35245,925+37.7%
Average number of employees383332325627621600−3.4%

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; 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 100mDKK 200mDKK 300mDKK 400mDKK 500mDKK 600mDKK 700m202020212022202320242025
Gross profitMedian, the industry (1,780 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 Euro Steel 1988 ApS
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202516/04/2026The groupPDF not statedXBRL
202401/10/2023 – 30/09/202414/04/2025The groupPDFXBRL
202301/10/2022 – 30/09/202319/04/2024The groupPDFXBRL
202201/10/2021 – 30/09/202220/04/2023The groupPDFXBRL
202101/10/2020 – 30/09/202116/03/2022The groupPDFXBRL
202001/10/2019 – 30/09/202029/03/2021The groupPDFXBRL

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
0123409/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

1,780 companies in the database

Comparison with the other companies in renting of commercial property based on the latest financial year.

Gross profitDKK 719.3mNo. 2 of 1,763
Better than 100% of the companies in the industry
EquityDKK 1.8bnNo. 14 of 1,780
Better than 99% of the companies in the industry
Number of employees4No. 3 of 1,780
Better than 100% of the companies in the industry

Industry median: gross profit DKK 1.5m, net profit DKK 430k, equity DKK 13.7m, 1 employees.

DKK 100kDKK 1.1mDKK 11.2mDKK 118.3mDKK 569.9mHere
Distribution of gross profit for 1,591 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 fewer than 20 employees69,967 companies in the comparison
No. 51of 69,742
Better than 100%
No. 114of 69,964
Better than 100%
Same industry and fewer than 20 employees1,723 companies in the comparison
No. 1of 1,711
Better than 100%
No. 6of 1,723
Better than 100%
Companies that are at least 30 years old10,276 companies in the comparison
No. 128of 10,152
Better than 99%
No. 130of 10,275
Better than 99%
All companies of type ApS66,508 companies in the comparison
No. 23of 66,379
Better than 100%
No. 46of 66,505
Better than 100%

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

Renting of commercial property
Gross profit
  1. Euro Steel 1988 ApSDKK 719.3m
  2. Jeudan A/SDKK 1.3bn
  3. Munck Gruppen A/SDKK 647.2m
Net profit
  1. Euro Steel 1988 ApSDKK 180.9m
  2. Jeudan A/SDKK 1bn
  3. Munck Gruppen A/SDKK 397.7m
Equity
  1. Euro Steel 1988 ApSDKK 1.8bn
  2. Jeudan A/SDKK 13.1bn
  3. Munck Gruppen A/SDKK 1.1bn
Employees
  1. Euro Steel 1988 ApS4
  2. Jeudan A/S249
  3. Munck Gruppen A/S50

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
  • Morten Kristoffer Larsen66.67% · 100% votes
  • Chris Kristoffer Hansen10% · 0% votes
  • Nicolai Kristoffer Larsen5% · 0% votes
  • Markus Kristoffer Hansen5% · 0% votes
Euro Steel 1988 ApS
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

4 active registrations

Executive management

Executive management at Euro Steel 1988 ApS
NameRoleAppointed
Morten Kristoffer LarsenDirector13/11/2015

Board of directors

Board of directors at Euro Steel 1988 ApS
NameRoleAppointed
Morten Kristoffer LarsenChair of the board01/05/1988
Finn Ladefoged JensenBoard member19/11/1996
Eva Ilse PedersenBoard member02/08/2017
Founders
VX 10.312 ApS
Former management (9)
Former management at Euro Steel 1988 ApS
NameRoleAppointedResigned
Susanne Saul StakemannDirector01/05/198801/09/1988
Morten Kristoffer LarsenDirector01/05/198819/11/1996
Per Emil Hasselbalch StakemannBoard member01/05/198801/09/1988
Steen SkaanningBoard member19/11/199626/08/2002
Finn Ladefoged JensenDirector19/11/199613/11/2015
Hans ChristensenBoard member26/08/200217/03/2011
Vibeke KraghBoard member10/09/200814/05/2013
Nicolai Kristoffer LarsenBoard member17/11/201002/08/2017
Kim Rune BrarupBoard member14/05/201323/03/2015

Signing rule: Selskabet tegnes af bestyrelsesformanden alene eller en direktør i forening med 2 bestyrelsesmedlemmer

Address and production units

1 active production units

Lundagervej 31
8722 Hedensted

Hedensted Municipality · Postcode 8722

Other companies at the address (5)

Production units
Production unitAddressEmployeesP number
EURO STEEL 1988 APSLundagervej 31, 8722 Hedensted41000334371

Purpose

Selskabets formål er at drive investeringsvirksomhed, herunder eje andele i andre virksomheder samt investere i ejendomme, herunder køb og drift af landbrugsejendomme.

The purpose is quoted from the register in Danish.

Changes year by year

37 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20193 changesownership 3
  • Chris Kristoffer Hansen registered as owner (10%)
  • Nicolai Kristoffer Larsen registered as owner (5%)
  • Markus Kristoffer Hansen registered as owner (5%)
20172 changesmanagement 2
  • Eva Ilse Pedersen appointed board member
  • Nicolai Kristoffer Larsen stepped down as board member
20153 changesmanagement 3
  • Morten Kristoffer Larsen appointed director
  • Finn Ladefoged Jensen stepped down as director
  • Kim Rune Brarup stepped down as board member
20132 changesmanagement 2
  • Kim Rune Brarup appointed board member
  • Vibeke Kragh stepped down as board member
20111 changemanagement 1
  • Hans Christensen stepped down as board member
20101 changemanagement 1
  • Nicolai Kristoffer Larsen appointed board member
20081 changemanagement 1
  • Vibeke Kragh appointed board member
20071 changeaddress 1
  • Moved to Lundagervej 31, 8722 Hedensted
20022 changesmanagement 2
  • Hans Christensen appointed board member
  • Steen Skaanning stepped down as board member
20001 changeindustry 1
  • Industry changed to Udlejning af erhvervsejendomme (702040)
19965 changescapital 1 · management 4
  • Share capital changed from 80,000 DKK to 1,000,000 DKK
  • Finn Ladefoged Jensen appointed director
  • Finn Ladefoged Jensen appointed board member
  • Steen Skaanning appointed board member
  • Morten Kristoffer Larsen stepped down as director
19889 changesname 1 · management 6 · founded 1 · ownership 1
  • Name changed from ApS KBIL 9 NR. 1608 to EURO STEEL 1988 ApS
  • Susanne Saul Stakemann stepped down as director
  • Per Emil Hasselbalch Stakemann stepped down as board member
  • Registered as ApS KBIL 9 NR. 1608
  • Morten Kristoffer Larsen appointed director
  • Susanne Saul Stakemann appointed director
  • Morten Kristoffer Larsen appointed chair of the board
  • Per Emil Hasselbalch Stakemann appointed board member
  • Morten Kristoffer Larsen registered as owner (66.67%)

Related companies

Same industry in Hedensted

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