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HGS Operations Denmark A/S

Public limited companyCVR 26091063KoldingActive

HGS Operations Denmark A/S is a public limited company, based in Kolding, active in raising of piglets, founded in 2001. Net profit fell 16% from 2024 to 2025, ending at DKK 6.8m. Operations are spread over 44 production units in 25 towns. With 172 employees, the company is about 17 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 30m−17.4% vs. 2024
Net profitDKK 6.8m−16.3% vs. 2024
EquityDKK 34.9m−15.8% vs. 2024
Employees172latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 17% (2024 → 2025), to DKK 30m.
  • Net profit fell 16% (2024 → 2025), to DKK 6.8m.
  • Equity fell 16% (2024 → 2025), to DKK 34.9m.

Employees

  • 130 more employees than a year earlier: 172 (08/2026) against 42 (08/2025).

Management and owners, last 24 months

  • New in management: Mikael Wædeled Sigvardsen (board member, 27/02/2026), Mikael Wædeled Sigvardsen (director, 27/02/2026) and Rene Heiselberg Pedersen (deputy chair, 01/06/2026) (+6).
  • Stepped down: Per Abraham Kring (board member, 05/03/2025), Birgitte Kring (board member, 05/03/2025) and Mads Hans Kring (board member, 26/02/2026) (+7).
  • New owners registered: Danish Genetics Holding ApS (13/01/2025).
  • No longer registered as owner: MK Holding DK ApS (13/01/2025) and PAK Holding DK ApS (13/01/2025).

Registrations, last 24 months

  • 03/08/2026: Merger registered in CVR
  • 03/08/2026: Share capital changed from 500,000 DKK to 600,000 DKK
  • 29/07/2026: Moved to Nordager 2, 6000 Kolding
  • 23/07/2026: Name changed from AVLSCENTER RØNSHAUGE A/S to HGS Operations Denmark A/S

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 10mDKK 20mDKK 30mDKK 40mDKK 50m202020212022202320242025
EquityNet profit
Financial figures for HGS Operations Denmark A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit57,58240,13134,86446,52736,27029,963−17.4%
Operating profit (EBIT)38,03518,62810,52621,70810,1237,079−30.1%
Profit before tax40,46524,17715,67722,17110,3518,189−20.9%
Net profit31,38818,54012,35817,6178,0776,758−16.3%
Total assets82,10088,538104,55198,794104,859120,324+14.7%
Equity39,87428,41440,77248,38941,46634,924−15.8%
Liabilities33,50350,41454,59541,75656,92485,400+50%
Cash and cash equivalents220443634,22420,3981,911−90.6%
Average number of employees353443454541−8.9%

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

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60m202020212022202320242025
Gross profitMedian, the industry (136 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 HGS Operations Denmark A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202522/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202402/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202326/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202227/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202101/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202025/06/2021The 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
02040608010012014016018009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

136 companies in the database

Comparison with the other companies in raising of piglets based on the latest financial year.

Gross profitDKK 30mNo. 17 of 136
Better than 88% of the companies in the industry
EquityDKK 34.9mNo. 48 of 136
Better than 65% of the companies in the industry
Number of employees172No. 5 of 136
Better than 97% of the companies in the industry

Industry median: gross profit DKK 9.3m, net profit DKK 1.7m, equity DKK 18.1m, 10 employees.

DKK 100kDKK 575kDKK 3.3mDKK 19mDKK 60.9mHere
Distribution of gross profit for 133 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. 2,774of 4,412
Better than 37%
No. 1,587of 4,466
Better than 64%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 2,360of 24,791
Better than 90%
No. 3,041of 24,909
Better than 88%
All companies of type A/S18,025 companies in the comparison
No. 4,408of 17,786
Better than 75%
No. 4,508of 18,024
Better than 75%

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

Raising of piglets
Gross profit
  1. HGS Operations Denmark A/SDKK 30m
  2. Tybjerggaard Breeding A/SDKK 109.1m
  3. Ellegaard Göttingen Minipigs A/SDKK 53m
Net profit
  1. HGS Operations Denmark A/SDKK 6.8m
  2. Tybjerggaard Breeding A/SDKK 28.9m
  3. Ellegaard Göttingen Minipigs A/SDKK 8.9m
Equity
  1. HGS Operations Denmark A/SDKK 34.9m
  2. Tybjerggaard Breeding A/SDKK 132.6m
  3. Ellegaard Göttingen Minipigs A/SDKK 36.4m
Employees
  1. HGS Operations Denmark A/S172
  2. Tybjerggaard Breeding A/S121
  3. Ellegaard Göttingen Minipigs A/S64

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
  • Danish Genetics Holding ApS100%
HGS Operations Denmark A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

4 active registrations

Executive management

Executive management at HGS Operations Denmark A/S
NameRoleAppointed
Mikael Wædeled SigvardsenDirector27/02/2026

Board of directors

Board of directors at HGS Operations Denmark A/S
NameRoleAppointed
Mikael Wædeled SigvardsenBoard member27/02/2026
Rene Heiselberg PedersenDeputy chair01/06/2026
Dennis JørgensenChair of the board01/09/2026
Founders
Per Abraham Kring
Former management (14)
Former management at HGS Operations Denmark A/S
NameRoleAppointedResigned
Per Abraham KringDirector20/06/200124/06/2024
Ole Henning JørgensenBoard member13/06/200215/01/2004
Per Abraham KringBoard member13/06/200205/03/2025
Birgitte KringBoard member13/06/200205/03/2025
Jørn Nørgaard LydiksenBoard member15/01/200424/06/2024
René Lykke LyngsøeBoard member16/02/200901/05/2018
Mads Hans KringBoard member22/06/201226/02/2026
Mads Hans KringDirector23/05/201427/02/2026
Lotte Dich KringBoard member24/06/202405/03/2025
Niels Henrik ReventlowDeputy chair13/01/202502/10/2025
Rafael Jacobus Henri Gerard BeerenChair of the board13/01/202527/02/2026
Mikael Wædeled SigvardsenDeputy chair02/10/202526/02/2026
Mads Hans KringDeputy chair27/02/202601/06/2026
Steen Agerbo BødtkerChair of the board27/02/202601/09/2026

Signing rule: Selskabet tegnes af en direktør, af et bestyrelsesmedlem eller af den samlede bestyrelse.

Address and production units

44 active production units

Nordager 2
6000 Kolding

Kolding Municipality · Postcode 6000

Other companies at the address (5)

Production units
Production unitAddressEmployeesP number
HGS Operations Denmark A/SNordager 2, 6000 Kolding421008501897
Frifeltvej 13, 7000 FredericiaFrifeltvej 13, 7000 Fredericia–1032632218
HGS Operations Denmark A/STustrupvej 11, 8585 Glesborg–1032650542
HGS Operations Denmark A/STustrupvej 5, 8585 Glesborg–1032650550
HGS Operations Denmark A/SUllerupvej 57, 5485 Skamby–1032671124
HGS Operations Denmark A/SGl. Ribevej 92, 7000 Fredericia–1032671051
HGS Operations Denmark A/SKoldingvej 54, 6600 Vejen–1032671361
HGS Operations Denmark A/SBarsmark Bygade 227, 6200 Aabenraa–1032671620
HGS Operations Denmark A/SFollerupvej 42, 7000 Fredericia–1032671272
HGS Operations Denmark A/SKværnholtvej 15, 6372 Bylderup-Bov–1032671612
HGS Operations Denmark A/SMidtkjærvej 15, 7250 Hejnsvig–1032671485
HGS Operations Denmark A/STroesmosevej 24, 6800 Varde–1032671469
HGS Operations Denmark A/SKongstedvej 48, 7000 Fredericia–1032650518
HGS Operations Denmark A/STustrupvej 3, 8585 Glesborg–1032650534
HGS Operations Denmark A/SKoldingvej 20, 6580 Vamdrup–1032650690

Showing 15 of 44 units (sorted by employees).

Purpose

Selskabets formål er at drive virksomhed med opformering af svin, svineavl og dermed beslægtet virksomhed og efter bestyrelsens bestemmelse anden virksomhed, som står i naturlig forbindelse hermed

The purpose is quoted from the register in Danish.

Changes year by year

57 registered events
202617 changesmanagement 12 · capital 1 · merger 1 · address 1 · name 1 · accounts 1
  • Dennis Jørgensen appointed chair of the board
  • Steen Agerbo Bødtker stepped down as chair of the board
  • Share capital changed from 500,000 DKK to 600,000 DKK
  • Merger registered in CVR
  • Moved to Nordager 2, 6000 Kolding
  • Name changed from AVLSCENTER RØNSHAUGE A/S to HGS Operations Denmark A/S
  • Rene Heiselberg Pedersen appointed deputy chair
  • Mads Hans Kring stepped down as deputy chair
  • Annual report for 2025 published
  • Mikael Wædeled Sigvardsen appointed director
  • Mads Hans Kring appointed deputy chair
  • Mikael Wædeled Sigvardsen appointed board member
  • Steen Agerbo Bødtker appointed chair of the board
  • Rafael Jacobus Henri Gerard Beeren stepped down as chair of the board
  • Mads Hans Kring stepped down as director
  • Mikael Wædeled Sigvardsen stepped down as deputy chair
  • Mads Hans Kring stepped down as board member
202511 changesmanagement 7 · accounts 1 · ownership 3
  • Mikael Wædeled Sigvardsen appointed deputy chair
  • Niels Henrik Reventlow stepped down as deputy chair
  • Annual report for 2024 published
  • Lotte Dich Kring stepped down as board member
  • Birgitte Kring stepped down as board member
  • Per Abraham Kring stepped down as board member
  • Niels Henrik Reventlow appointed deputy chair
  • Rafael Jacobus Henri Gerard Beeren appointed chair of the board
  • Danish Genetics Holding ApS registered as owner (100%)
  • PAK Holding DK ApS is no longer registered as owner
  • MK Holding DK ApS is no longer registered as owner
20244 changesaccounts 1 · management 3
  • Annual report for 2023 published
  • Lotte Dich Kring appointed board member
  • Jørn Nørgaard Lydiksen stepped down as board member
  • Per Abraham Kring stepped down as director
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20202 changesownership 2
  • PAK Holding DK ApS registered as owner (25%)
  • PK Holding DK ApS is no longer registered as owner
20192 changesownership 2
  • PK Holding DK ApS registered as owner (25%)
  • MK Holding DK ApS registered as owner (66.67%)
20183 changesownership 2 · management 1
  • PK Holding DK ApS is no longer registered as owner
  • MK Holding DK ApS is no longer registered as owner
  • René Lykke Lyngsøe stepped down as board member
20152 changesownership 2
  • PK Holding DK ApS registered as owner (50%)
  • MK Holding DK ApS registered as owner (33.33%)
20141 changemanagement 1
  • Mads Hans Kring appointed director
20121 changemanagement 1
  • Mads Hans Kring appointed board member
20091 changemanagement 1
  • René Lykke Lyngsøe appointed board member
20081 changeindustry 1
  • Industry changed to Raising of piglets (014610)
20071 changeaddress 1
  • Moved to Frifeltvej 13, Håstrup, 7000 Fredericia
20042 changesmanagement 2
  • Jørn Nørgaard Lydiksen appointed board member
  • Ole Henning Jørgensen stepped down as board member
20024 changesname 1 · management 3
  • Name changed from AVLSCENTER RØNSHAUGE ApS to AVLSCENTER RØNSHAUGE A/S
  • Birgitte Kring appointed board member
  • Per Abraham Kring appointed board member
  • Ole Henning Jørgensen appointed board member
20012 changesfounded 1 · management 1
  • Registered as AVLSCENTER RØNSHAUGE ApS
  • Per Abraham Kring appointed director

Related companies

Same industry in Kolding

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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