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Firstfarms A/S

Public limited companyCVR 28312504BillundActive

Firstfarms A/S is a public limited company, based in Billund, active in business and other management consultancy activities, founded in 2004. The company went from a profit in 2024 to a loss of DKK 20.6m in 2025. With 6 employees, the company is about 3 times larger than the industry median. 3 other companies in the database are registered at the same address.

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Key figures · financial year 2025

RevenueDKK 379.2m−16.5% vs. 2024
Net profit−DKK 20.6m−226.1% vs. 2024
EquityDKK 899.3m+9.8% vs. 2024
Employees6latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Revenue fell 16% (2024 → 2025), to DKK 379.2m.
  • Net profit went from a profit of DKK 16.3m to a loss of DKK 20.6m (2024 → 2025).
  • Equity rose 10% (2024 → 2025), to DKK 899.3m.

Employees

  • 2 fewer employees than a year earlier: 6 (08/2026) against 8 (08/2025).

Management and owners, last 24 months

  • New in management: Henrik Hougaard (deputy chair, 29/04/2025), Asbjørn Børsting (chair of the board, 29/04/2025) and Jesper Langkilde Pagh (board member, 29/04/2025) (+2).
  • Stepped down: Henrik Hougaard (chair of the board, 28/04/2025), Anders Holger Nørgaard (ceo, 01/05/2025) and Jens Bolding Jensen (board member, 29/04/2025) (+2).
  • New owners registered: Constantinsborg A/S (06/03/2025), Thoraso Holding ApS (06/03/2025) and Aic A/S (01/12/2025) (+1).
  • No longer registered as owner: Wefri A/S (06/03/2025), Henrik Hougaard (06/03/2025) and Bendt Tido Hannibal Wedell (06/03/2025) (+4).

Registrations, last 24 months

  • 06/03/2025: Share capital changed from 111,463,110 DKK to 122,463,110 DKK
  • 01/01/2025: Industry changed to Business and other management consultancy activities (702000)

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 200mDKK 0DKK 200mDKK 400mDKK 600mDKK 800m202020212022202320242025
EquityNet profit
Financial figures for Firstfarms A/S
202020212022202320242025Change
Revenuenot stated369,483418,389461,562454,019379,235−16.5%
Operating profit (EBIT)–69,93295,93450,09542,95012,657−70.5%
Profit before tax–45,91483,56933,5618,857−18,678−310.9%
Net profit24,79434,75565,46626,04216,349−20,624−226.1%
Total assets1,141,9551,098,5411,341,4871,509,6891,684,8981,744,808+3.6%
Equity483,477530,133683,061722,196819,155899,268+9.8%
Liabilities658,478568,408658,426787,493865,743845,540−2.3%
Cash and cash equivalents7,75377,46721,85925,880137,70312,057−91.2%

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: 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

−DKK 40m−DKK 20mDKK 0DKK 20mDKK 40mDKK 60m202020212022202320242025
Net profitMedian, the industry (2,370 companies)

Annual reports

6 financial years
Annual reports for Firstfarms A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202530/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202401/05/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202317/04/2024The companyPDF not statedXBRL
202201/01/2022 – 31/12/202227/04/2023The companyPDF not statedXBRL
202101/01/2021 – 31/12/202104/05/2022The companyPDF not statedXBRL
202001/01/2020 – 31/12/202028/04/2021The 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
024681012141609/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

2,370 companies in the database

Comparison with the other companies in business and other management consultancy activities based on the latest financial year.

EquityDKK 899.3mNo. 14 of 2,369
Better than 99% of the companies in the industry
Number of employees6No. 391 of 2,370
Better than 84% of the companies in the industry

Industry median: gross profit DKK 1.3m, net profit DKK 170k, equity DKK 974k, 2 employees.

DKK 100kDKK 1.6mDKK 26.5mDKK 431.1mDKK 2.8bn
Distribution of gross profit for 2,031 companies in the industry (latest financial year, logarithmic scale).

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 comparisonnot stated
No. 252of 69,964
Better than 100%
Same industry and fewer than 20 employees2,220 companies in the comparisonnot stated
No. 12of 2,219
Better than 100%
Companies that are between 15 and 29 years old24,910 companies in the comparisonnot stated
No. 230of 24,909
Better than 99%
All companies of type A/S18,025 companies in the comparisonnot stated
No. 451of 18,024
Better than 98%

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

Business and other management consultancy activities
Gross profit
  1. Firstfarms A/S–
  2. COWI Holding A/SDKK 7bn
  3. Accenture A/SDKK 1.1bn
Net profit
  1. Firstfarms A/S−DKK 20.6m
  2. COWI Holding A/SDKK 374m
  3. Accenture A/SDKK 116.1m
Equity
  1. Firstfarms A/SDKK 899.3m
  2. COWI Holding A/SDKK 2bn
  3. Accenture A/SDKK 642m
Employees
  1. Firstfarms A/S6
  2. COWI Holding A/S12
  3. Accenture A/S977

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
Firstfarms A/S

Management

8 active registrations

Executive management

Executive management at Firstfarms A/S
NameRoleAppointed
Søren BredvigDirector01/05/2025
Michael HyldgaardCEO01/05/2025

Board of directors

Board of directors at Firstfarms A/S
NameRoleAppointed
Bendt Tido Hannibal WedellBoard member28/04/2020
Claus EwersBoard member26/04/2022
Lise KaaeBoard member16/04/2024
Henrik HougaardDeputy chair29/04/2025
Asbjørn BørstingChair of the board29/04/2025
Jesper Langkilde PaghBoard member29/04/2025
Founders
Stig Axel Andersson, Bjarne Skou, Johan Johansen Schmidt, Per Villumsen, Thoraso ApS, Riisbøll Høeg Holding ApS, Landtved Invest ApS, Søvig Invest ApS
Former management (21)
Former management at Firstfarms A/S
NameRoleAppointedResigned
Kurt LandtvedBoard member22/12/200406/09/2006
Stig Axel AnderssonBoard member22/12/200421/04/2009
Gudmund KristensenBoard member22/12/200406/09/2006
Bjarne SkouBoard member22/12/200406/09/2006
Johan Johansen SchmidtChair of the board22/12/200406/09/2006
Tom Gunnar HøegBoard member22/12/200427/10/2006
Henrik HougaardChair of the board06/09/200628/04/2025
Lars Allan ThomassenBoard member21/09/200630/04/2014
Kjeld Lindberg IversenBoard member21/09/200623/04/2013
Jens MøllerBoard member21/09/200623/04/2013
Kim Abildgaard StokholmDirector21/09/200618/02/2010
Per VillumsenBoard member21/04/200928/04/2011
Per VillumsenCEO18/02/201001/06/2012
Peder MouritsenBoard member28/04/201123/04/2013
Anders Holger NørgaardCEO01/06/201201/05/2025
Bent Juul JensenBoard member23/04/201328/04/2020
John Christian AastedBoard member23/04/201326/04/2016
Jens Bolding JensenBoard member23/04/201329/04/2025
Asbjørn BørstingBoard member30/04/201420/12/2018
Asbjørn BørstingDeputy chair21/12/201828/04/2025
Karina Grosen BoldsenBoard member28/04/202029/04/2025

Signing rule: Selskabet tegnes af bestyrelsens formand i forening med et bestyrelsesmedlem eller en direktør, af 2 bestyrelsesmedlemmer i forening med en direktør eller af den samlede bestyrelse.

Address and production units

1 active production units

Majsmarken 1
7190 Billund

Billund Municipality · Postcode 7190

Other companies at the address (3)

Production units
Production unitAddressEmployeesP number
FIRSTFARMS A/SMajsmarken 1, 7190 Billund61011033128

Purpose

Selskabets formål er direkte eller indirekte at foretage investeringer i landbrug eller selskaber, der driver sådanne samt drive virksomhed med produktion og handel og anden virksomhed, der efter bestyrelsens skøn er forbunden hermed.

The purpose is quoted from the register in Danish.

Changes year by year

133 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
202524 changesownership 11 · management 10 · accounts 1 · capital 1 · industry 1
  • AIC A/S registered as owner (10%)
  • AIC A/S is no longer registered as owner
  • Søren Bredvig appointed director
  • Michael Hyldgaard appointed ceo
  • Anders Holger Nørgaard stepped down as ceo
  • Annual report for 2024 published
  • Jesper Langkilde Pagh appointed board member
  • Asbjørn Børsting appointed chair of the board
  • Henrik Hougaard appointed deputy chair
  • Karina Grosen Boldsen stepped down as board member
  • Jens Bolding Jensen stepped down as board member
  • Asbjørn Børsting stepped down as deputy chair
  • Henrik Hougaard stepped down as chair of the board
  • Share capital changed from 111,463,110 DKK to 122,463,110 DKK
  • AIC A/S registered as owner (5%)
  • Thoraso Holding ApS registered as owner (5%)
  • CONSTANTINSBORG A/S registered as owner (25%)
  • Henrik Hougaard is no longer registered as owner
  • Bendt Tido Hannibal Wedell is no longer registered as owner
  • WEFRI A/S is no longer registered as owner
  • CONSTANTINSBORG A/S is no longer registered as owner
  • Thoraso Holding ApS is no longer registered as owner
  • AIC A/S is no longer registered as owner
  • Industry changed to Business and other management consultancy activities (702000)
20246 changesaccounts 1 · management 1 · ownership 3 · capital 1
  • Annual report for 2023 published
  • Lise Kaae appointed board member
  • OLAV W. HANSEN A/S is no longer registered as owner
  • Olav Würtz Hansen is no longer registered as owner
  • Share capital changed from 99,463,110 DKK to 111,463,110 DKK
  • CONSTANTINSBORG A/S registered as owner (20%)
20232 changescapital 1 · accounts 1
  • Share capital changed from 94,602,770 DKK to 99,463,110 DKK
  • Annual report for 2022 published
20225 changescapital 3 · accounts 1 · management 1
  • Share capital changed from 93,922,770 DKK to 94,602,770 DKK
  • Share capital changed from 81,803,880 DKK to 93,922,770 DKK
  • Annual report for 2021 published
  • Claus Ewers appointed board member
  • Share capital changed from 78,609,530 DKK to 81,803,880 DKK
20214 changescapital 3 · accounts 1
  • Share capital changed from 77,946,390 DKK to 78,609,530 DKK
  • Share capital changed from 76,539,770 DKK to 77,946,390 DKK
  • Share capital changed from 75,666,420 DKK to 76,539,770 DKK
  • Annual report for 2020 published
202013 changescapital 2 · ownership 8 · management 3
  • Share capital changed from 75,166,420 DKK to 75,666,420 DKK
  • Share capital changed from 63,181,420 DKK to 75,166,420 DKK
  • Henrik Hougaard registered as owner (10%)
  • THORASO ApS registered as owner (10%)
  • Thoraso Holding ApS registered as owner (10%)
  • AIC A/S registered as owner (10%)
  • Bendt Tido Hannibal Wedell registered as owner (10%)
  • WEFRI A/S registered as owner (10%)
  • THORASO ApS is no longer registered as owner
  • Henrik Hougaard is no longer registered as owner
  • Bendt Tido Hannibal Wedell appointed board member
  • Karina Grosen Boldsen appointed board member
  • Bent Juul Jensen stepped down as board member
20191 changecapital 1
  • Share capital changed from 61,594,040 DKK to 63,181,420 DKK
20188 changesmanagement 2 · ownership 4 · capital 2
  • Asbjørn Børsting appointed deputy chair
  • Asbjørn Børsting stepped down as board member
  • THORASO ApS registered as owner (15%)
  • Thoraso Invest ApS is no longer registered as owner
  • Henrik Hougaard registered as owner (15%)
  • Share capital changed from 55,419,520 DKK to 61,594,040 DKK
  • Henrik Hougaard is no longer registered as owner
  • Share capital changed from 51,376,240 DKK to 55,419,520 DKK
20179 changescapital 3 · ownership 6
  • Share capital changed from 50,071,060 DKK to 51,376,240 DKK
  • OLAV W. HANSEN A/S registered as owner (10%)
  • OLAV W. HANSEN A/S is no longer registered as owner
  • Share capital changed from 48,034,280 DKK to 50,071,060 DKK
  • Filtake Trading Ltd. is no longer registered as owner
  • Filtake Trading Ltd. registered as owner (5%)
  • Henrik Hougaard registered as owner (10%)
  • Share capital changed from 47,122,410 DKK to 48,034,280 DKK
  • Henrik Hougaard is no longer registered as owner
20164 changesmanagement 1 · ownership 3
  • John Christian Aasted stepped down as board member
  • Olav Würtz Hansen registered as owner (10%)
  • OLAV W. HANSEN A/S registered as owner (5%)
  • Olav Würtz Hansen is no longer registered as owner
20156 changesownership 6
  • Henrik Hougaard registered as owner (15%)
  • Henrik Hougaard is no longer registered as owner
  • Olav Würtz Hansen registered as owner (5%)
  • Thoraso Invest ApS registered as owner (10%)
  • THORASO ApS is no longer registered as owner
  • Thoraso Invest ApS is no longer registered as owner
20144 changesownership 1 · management 2 · merger 1
  • THORASO ApS registered as owner (5%)
  • Asbjørn Børsting appointed board member
  • Lars Allan Thomassen stepped down as board member
  • Merger registered in CVR
20138 changesmanagement 6 · ownership 2
  • John Christian Aasted appointed board member
  • Jens Bolding Jensen appointed board member
  • Bent Juul Jensen appointed board member
  • Peder Mouritsen stepped down as board member
  • Kjeld Lindberg Iversen stepped down as board member
  • Jens Møller stepped down as board member
  • Thoraso Invest ApS registered as owner (10%)
  • Henrik Hougaard registered as owner (10%)
20123 changesaddress 1 · management 2
  • Moved to Majsmarken 1, 7190 Billund
  • Anders Holger Nørgaard appointed ceo
  • Per Villumsen stepped down as ceo
20112 changesmanagement 2
  • Peder Mouritsen appointed board member
  • Per Villumsen stepped down as board member
20102 changesmanagement 2
  • Per Villumsen appointed ceo
  • Kim Abildgaard Stokholm stepped down as director
20093 changescapital 1 · management 2
  • Share capital changed from 471,224,100 DKK to 47,122,410 DKK
  • Per Villumsen appointed board member
  • Stig Axel Andersson stepped down as board member
20081 changeindustry 1
  • Industry changed to Virksomhedsrådgivning og anden rådgivning om driftsledelse (702200)
20072 changesaddress 2
  • Moved to Åstvej 10B, 7190 Billund
  • Moved to Enghavevej 40, 7100 Vejle
200618 changescapital 3 · address 2 · management 10 · industry 1 · name 2
  • Share capital changed from 58,252,400 DKK to 471,224,100 DKK
  • Moved to Enghavevej 40, 7100 Vejle
  • Tom Gunnar Høeg stepped down as board member
  • Industry changed to Anden virksomhedsrådgivning (741490)
  • Name changed from FIRSTFARMS ApS to FIRSTFARMS A/S
  • Moved to Skaarupgaard 59, Tolne, 9870 Sindal
  • Share capital changed from 10,128,000 DKK to 58,252,400 DKK
  • Kjeld Lindberg Iversen appointed board member
  • Lars Allan Thomassen appointed board member
  • Kim Abildgaard Stokholm appointed director
  • Jens Møller appointed board member
  • Share capital changed from 128,000 DKK to 10,128,000 DKK
  • Name changed from SLOVAKIA HOLDING ApS to FIRSTFARMS ApS
  • Henrik Hougaard appointed chair of the board
  • Johan Johansen Schmidt stepped down as chair of the board
  • Bjarne Skou stepped down as board member
  • Gudmund Kristensen stepped down as board member
  • Kurt Landtved stepped down as board member
20047 changesfounded 1 · management 6
  • Registered as SLOVAKIA HOLDING ApS
  • Stig Axel Andersson appointed board member
  • Tom Gunnar Høeg appointed board member
  • Johan Johansen Schmidt appointed chair of the board
  • Bjarne Skou appointed board member
  • Gudmund Kristensen appointed board member
  • Kurt Landtved appointed board member

Related companies

Same industry in Billund

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.

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