Flemming Refsgaards Traktorservice ApS
Private limited companyCVR 32667376SpøttrupActive
Flemming Refsgaards Traktorservice ApS is a private limited company, based in Spøttrup, active in wholesale of agricultural machinery, equipment and supplies, founded in 2010. Net profit rose 52% from 2024 to 2025, ending at DKK 128k. Profit has grown three years in a row. Equity grew to DKK 880k in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 28% (2024 → 2025), to DKK 1.4m.
- Net profit rose 52% (2024 → 2025), to DKK 128k.
- Equity rose 17% (2024 → 2025), to DKK 880k.
Employees
- 1 fewer employees than a year earlier: 3 (08/2026) against 4 (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 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 | 2,149 | 2,448 | 1,801 | 1,969 | 1,922 | 1,391 | −27.6% |
| Operating profit (EBIT) | 84 | 452 | −255 | 429 | 458 | 380 | −17.1% |
| Profit before tax | −291 | 116 | −582 | 52 | 108 | 156 | +44% |
| Net profit | −229 | 90 | −582 | 52 | 84 | 128 | +51.9% |
| Total assets | 6,854 | 6,292 | 5,788 | 5,003 | 4,817 | 4,515 | −6.3% |
| Equity | 508 | 598 | 16 | 68 | 752 | 880 | +17% |
| Liabilities | 6,346 | 5,694 | 5,772 | 4,935 | 4,064 | 3,635 | −10.6% |
| Cash and cash equivalents | 9 | 24 | 11 | 19 | 13 | 8 | −37.9% |
| Average number of employees | 5 | 5 | 4 | 3 | 3 | 2 | −33.3% |
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
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/07/2024 – 30/06/2025 | 28/10/2025 | The company | PDF not statedXBRL |
| 2024 | 01/07/2023 – 30/06/2024 | 24/10/2024 | The company | PDFXBRL |
| 2023 | 01/07/2022 – 30/06/2023 | 20/12/2023 | The company | PDFXBRL |
| 2022 | 01/07/2021 – 30/06/2022 | 06/12/2022 | The company | PDFXBRL |
| 2021 | 01/07/2020 – 30/06/2021 | 07/12/2021 | The company | PDFXBRL |
| 2020 | 01/07/2019 – 30/06/2020 | 08/12/2020 | 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.
Employees
monthly figures from CVRPosition in the industry
230 companies in the databaseComparison with the other companies in wholesale of agricultural machinery, equipment and supplies based on the latest financial year.
Industry median: gross profit DKK 6.9m, net profit DKK 958k, equity DKK 6.6m, 10 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. 38,425of 69,742 Better than 45% | No. 35,327of 69,964 Better than 50% |
| Same industry and fewer than 20 employees153 companies in the comparison | No. 126of 153 Better than 18% | No. 130of 153 Better than 15% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 17,476of 24,791 Better than 30% | No. 18,609of 24,909 Better than 25% |
| All companies of type ApS66,508 companies in the comparison | No. 37,068of 66,379 Better than 44% | No. 31,160of 66,505 Better than 53% |
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 agricultural machinery, equipment and supplies- Flemming Refsgaards Traktorservice ApSDKK 1.4m
- Semler Agro A/SDKK 150m
- TBS Maskinpower ApSDKK 142.9m
- Flemming Refsgaards Traktorservice ApSDKK 128k
- Semler Agro A/S−DKK 26.3m
- TBS Maskinpower ApS−DKK 2.4m
- Flemming Refsgaards Traktorservice ApSDKK 880k
- Semler Agro A/SDKK 238.2m
- TBS Maskinpower ApSDKK 129.4m
- Flemming Refsgaards Traktorservice ApS3
- Semler Agro A/S284
- TBS Maskinpower ApS187
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Flemming Refsgaard Holding ApS100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Flemming Refsgaard | Director | 07/01/2010 |
- Founders
- Flemming Refsgaard Holding ApS, MB Balling Holding ApS
Former management (5)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Flemming Refsgaard | Board member | 07/01/2010 | 23/06/2022 |
| Michael Degn | Board member | 07/01/2010 | 07/01/2016 |
| Martin Alex Møller Børsting | Chair of the board | 07/01/2010 | 23/06/2022 |
| Martin Gjørtz | Board member | 07/01/2016 | 11/06/2019 |
| Nickolaj Børsting Christensen | Board member | 11/06/2019 | 23/06/2022 |
Signing rule: Selskabet tegnes af den samlede bestyrelse eller 1 direktør alene.
Address and production units
2 active production unitsRødkælkevej 7
7860 Spøttrup
| Production unit | Address | Employees | P number |
|---|---|---|---|
| FLEMMING REFSGAARDS TRAKTORSERVICE ApS | Rødkælkevej 7, Balling, 7860 Spøttrup | 5 | 1015750789 |
| Flemming Refsgaards Traktorservice A/S | Vilhelmsborgvej 45B, Linde, 7600 Struer | 1 | 1016627344 |
Purpose
Selskabets formål er salg af traktorer og maskiner, reparations- og værkstedsdrift og dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
27 registered events20251 changeaccounts 1
- AccountsAnnual report for 2025 published
20241 changeaccounts 1
- AccountsAnnual report for 2024 published
20233 changesaccounts 1 · capital 1 · address 1
- AccountsAnnual report for 2023 published
- CapitalShare capital changed from 625,000 DKK to 631,000 DKK
- AddressMoved to Rødkælkevej 7, Balling, 7860 Spøttrup
20228 changesaccounts 1 · ownership 3 · name 1 · management 3
- AccountsAnnual report for 2022 published
- OwnershipFLEMMING REFSGAARD HOLDING ApS registered as owner (100%)
- OwnershipMB BALLING HOLDING ApS is no longer registered as owner
- OwnershipFLEMMING REFSGAARD HOLDING ApS is no longer registered as owner
- NameName changed from FLEMMING REFSGAARDS TRAKTORSERVICE A/S to FLEMMING REFSGAARDS TRAKTORSERVICE ApS
- ManagementNickolaj Børsting Christensen stepped down as board member
- ManagementFlemming Refsgaard stepped down as board member
- ManagementMartin Alex Møller Børsting stepped down as chair of the board
20211 changeaccounts 1
- AccountsAnnual report for 2021 published
20201 changeaccounts 1
- AccountsAnnual report for 2020 published
20192 changesmanagement 2
- ManagementNickolaj Børsting Christensen appointed board member
- ManagementMartin Gjørtz stepped down as board member
20162 changesmanagement 2
- ManagementMartin Gjørtz appointed board member
- ManagementMichael Degn stepped down as board member
20108 changesindustry 1 · founded 1 · management 4 · ownership 2
- IndustryIndustry changed to Wholesale of agricultural machinery, equipment and supplies (466100)
- FoundedRegistered as FLEMMING REFSGAARDS TRAKTORSERVICE A/S
- ManagementFlemming Refsgaard appointed board member
- ManagementMichael Degn appointed board member
- ManagementMartin Alex Møller Børsting appointed chair of the board
- ManagementFlemming Refsgaard appointed director
- OwnershipFLEMMING REFSGAARD HOLDING ApS registered as owner (66.67%)
- OwnershipMB BALLING HOLDING ApS registered as owner (20%)
Related companies
Same industry in Skive
- Salling Traktorservice A/S37 employees
- Agro Service ApS12 employees
- JOST Danmark A/S4 employees
Same people in management
- Auto Group Nordvest A/Svia Michael Degn
- Ejendomsselskabet Katkjærvej 10, Skive A/Svia Michael Degn
- Mo Implements A/Svia Martin Gjørtz
Largest in the industry
- Semler Agro A/SDKK 150m
- TBS Maskinpower ApSDKK 142.9m
- Cnh Industrial Danmark A/SDKK 141.4m
- Delaval A/SDKK 133.2m
- Kramp Danmark A/SDKK 119.1m
- Grimme Skandinavien A/SDKK 94.9m
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.