Front Piglets A/S
Public limited companyCVR 38820648SabroActive
Front Piglets A/S is a public limited company, based in Sabro, active in production of slaughter pigs, founded in 2017. The company went from a profit in 2024 to a loss of DKK 2.5m in 2025. 6 people are registered in the company's management and ownership.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 74% (2024 → 2025), to DKK 2.9m.
- Net profit went from a profit of DKK 4m to a loss of DKK 2.5m (2024 → 2025).
- Equity turned positive again: DKK 312k (2024 → 2025).
Employees
- 1 fewer employees than a year earlier: 13 (07/2026) against 14 (07/2025).
Management and owners, last 24 months
- New in management: Thomas Bjork Christensen (ceo, 29/04/2025).
- Stepped down: Lars Boje (ceo, 29/04/2025).
- New owners registered: Søren Westergaard ApS (10/04/2026), Landbrug Invest 2017 ApS (10/04/2026) and T.B. Christensen Holding ApS (10/04/2026).
- No longer registered as owner: Søren Westergaard ApS (09/04/2026), Midtvest Kreatur- og Soeksport ApS (01/10/2025) and Landbrug Invest 2017 ApS (09/04/2026).
Registrations, last 24 months
- 29/04/2025: Share capital changed from 1,000,000 DKK to 2,500,000 DKK
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 | 4,131 | −5,204 | −920 | 13,475 | 11,058 | 2,879 | −74% |
| Operating profit (EBIT) | −114 | −9,355 | −5,438 | 7,831 | 5,170 | −3,512 | −167.9% |
| Profit before tax | −820 | −10,266 | −5,612 | 8,235 | 5,083 | −3,536 | −169.6% |
| Net profit | −499 | −8,136 | −6,545 | 8,346 | 3,980 | −2,535 | −163.7% |
| Total assets | 15,378 | 17,745 | 15,609 | 17,771 | 15,086 | 16,810 | +11.4% |
| Equity | −2,298 | −10,434 | −16,979 | −8,633 | −4,652 | 312 | +106.7% |
| Liabilities | 17,676 | 28,179 | 32,588 | 26,403 | 19,738 | 16,498 | −16.4% |
| Cash and cash equivalents | 0 | 0 | – | 1,798 | 466 | 0 | −100% |
| Average number of employees | 11 | 9 | 10 | 12 | 12 | 12 | 0% |
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
Signals from the financial statements
calculated from the 2025 figuresLow equity ratio
Equity makes up 2% of total assets in 2025.
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 05/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 07/05/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 03/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 27/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 27/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 16/06/2021 | 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
100 companies in the databaseComparison with the other companies in production of slaughter pigs based on the latest financial year.
Industry median: gross profit DKK 6.3m, net profit DKK 981k, equity DKK 17.3m, 7 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. 23,457of 69,742 Better than 66% | No. 46,928of 69,964 Better than 33% |
| Same industry and fewer than 20 employees80 companies in the comparison | No. 49of 80 Better than 39% | No. 70of 80 Better than 13% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 13,460of 33,588 Better than 60% | No. 22,295of 33,687 Better than 34% |
| All companies of type A/S18,025 companies in the comparison | No. 13,764of 17,786 Better than 23% | No. 16,914of 18,024 Better than 6% |
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
Production of slaughter pigs- Front Piglets A/SDKK 2.9m
- Smedsgaard Agro ApSDKK 62.4m
- Ulstrupgaard Breeding A/SDKK 50.5m
- Front Piglets A/S−DKK 2.5m
- Smedsgaard Agro ApSDKK 14m
- Ulstrupgaard Breeding A/SDKK 9.9m
- Front Piglets A/SDKK 312k
- Smedsgaard Agro ApSDKK 95.9m
- Ulstrupgaard Breeding A/SDKK 85.8m
- Front Piglets A/S13
- Smedsgaard Agro ApS46
- Ulstrupgaard Breeding A/S81
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Søren Westergaard ApS33.33%
- Landbrug Invest 2017 ApS33.33%
- T.B. Christensen Holding ApS10%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Thomas Bjork Christensen | CEO | 29/04/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Claus Ewers | Board member | 28/07/2017 |
| Henrik Vestergaard | Board member | 28/07/2017 |
| Hans Otto Ewers | Board member | 28/07/2017 |
| Søren Vestergaard | Chair of the board | 28/07/2017 |
- Auditor
- Dlbr Revision, Godkendt Revisionsanpartsselskab
- Founders
- Søren Westergaard ApS, Midtvest Kreatur- og Soeksport ApS, Olsen Invest Holding ApS, Landbrug Invest 2017 ApS
Former management (3)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Ib Olsen | Director | 28/07/2017 | 05/02/2021 |
| Ib Olsen | Board member | 28/07/2017 | 05/02/2021 |
| Lars Boje | CEO | 06/02/2021 | 29/04/2025 |
Signing rule: Selskabet tegnes af direktøren sammen med bestyrelsesformanden.
Address and production units
1 active production unitsBorumvej 105
8471 Sabro
Aarhus Municipality · Postcode 8471
Other companies at the address (1)
- Borum Østergård A/SMixed farming
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Front Piglets A/S | Borumvej 105, Borum, 8471 Sabro | 15 | 1022707201 |
Purpose
Selskabets formål er at eje og drive landbrugsvirksomhed og investering samt udøve anden hermed beslægtet virksomhed efter bestyrelsens skøn.
The purpose is quoted from the register in Danish.
Changes year by year
37 registered events20266 changesaccounts 1 · ownership 5
- AccountsAnnual report for 2025 published
- OwnershipSØREN WESTERGAARD ApS registered as owner (33.33%)
- OwnershipT.B. Christensen Holding ApS registered as owner (10%)
- OwnershipLandbrug Invest 2017 ApS registered as owner (33.33%)
- OwnershipSØREN WESTERGAARD ApS is no longer registered as owner
- OwnershipLandbrug Invest 2017 ApS is no longer registered as owner
20255 changesownership 1 · accounts 1 · capital 1 · management 2
- OwnershipMIDTVEST KREATUR- OG SOEKSPORT ApS is no longer registered as owner
- AccountsAnnual report for 2024 published
- CapitalShare capital changed from 1,000,000 DKK to 2,500,000 DKK
- ManagementThomas Bjork Christensen appointed ceo
- ManagementLars Boje stepped down as ceo
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20225 changesaccounts 1 · ownership 4
- AccountsAnnual report for 2021 published
- OwnershipMIDTVEST KREATUR- OG SOEKSPORT ApS registered as owner (25%)
- OwnershipSØREN WESTERGAARD ApS registered as owner (50%)
- OwnershipLandbrug Invest 2017 ApS registered as owner (50%)
- OwnershipOlsen Invest Holding ApS is no longer registered as owner
20217 changesownership 3 · accounts 1 · management 3
- OwnershipMIDTVEST KREATUR- OG SOEKSPORT ApS is no longer registered as owner
- OwnershipLandbrug Invest 2017 ApS is no longer registered as owner
- OwnershipSØREN WESTERGAARD ApS is no longer registered as owner
- AccountsAnnual report for 2020 published
- ManagementLars Boje appointed ceo
- ManagementIb Olsen stepped down as director
- ManagementIb Olsen stepped down as board member
20201 changeaddress 1
- AddressMoved to Borumvej 105, Borum, 8471 Sabro
201711 changesfounded 1 · management 6 · ownership 4
- FoundedRegistered as Front Piglets A/S
- ManagementClaus Ewers appointed board member
- ManagementIb Olsen appointed director
- ManagementHans Otto Ewers appointed board member
- ManagementSøren Vestergaard appointed chair of the board
- ManagementHenrik Vestergaard appointed board member
- ManagementIb Olsen appointed board member
- OwnershipMIDTVEST KREATUR- OG SOEKSPORT ApS registered as owner (20%)
- OwnershipLandbrug Invest 2017 ApS registered as owner (33.33%)
- OwnershipOlsen Invest Holding ApS registered as owner (20%)
- OwnershipSØREN WESTERGAARD ApS registered as owner (20%)
Related companies
Same industry in Aarhus
- Frederiksdal Agro ApS7 employees
- Testrupgård ApS2 employees
- Ballegård ApS2 employees
Same people in management
- Brødr. Ewers A/Svia Claus Ewers
- Elcor Sønderborg N A/Svia Claus Ewers
- SKAAL Sønderborg ApSvia Claus Ewers
- Henrik Westergaard Transport ApSvia Henrik Vestergaard
- Protekta Farms A/Svia Lars Boje
- Sønderjyske Herrehåndbold A/Svia Claus Ewers
Largest in the industry
- Smedsgaard Agro ApSDKK 62.4m
- Ulstrupgaard Breeding A/SDKK 50.5m
- Volsgaard Agro A/SDKK 37.2m
- Kjær Knudsen Give A/SDKK 35.9m
- Hestbjerg Økologi ApSDKK 34m
- Smedshauge ApSDKK 28.9m
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.