Horse Square A/S
Public limited companyCVR 38528246BirkerødActive
Horse Square A/S is a public limited company, based in Birkerød, active in wholesale of grain, unmanufactured tobacco, seeds and animal feeds, founded in 2017. Net profit fell 59% from 2024 to 2025, ending at DKK 232k.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 25% (2024 → 2025), to DKK 1.7m.
- Net profit fell 59% (2024 → 2025), to DKK 232k.
- Equity rose 10% (2024 → 2025), to DKK 2.5m.
Employees
- 2 fewer employees than a year earlier: 5 (07/2026) against 7 (07/2025).
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 | 2,743 | 2,775 | 2,422 | 1,946 | 2,194 | 1,651 | −24.7% |
| Operating profit (EBIT) | 1,637 | 1,550 | 1,052 | 679 | 896 | 385 | −57% |
| Profit before tax | 1,621 | 1,537 | 989 | 533 | 735 | 294 | −60.1% |
| Net profit | 1,264 | 1,199 | 770 | 415 | 572 | 232 | −59.5% |
| Total assets | 4,570 | 4,048 | 4,967 | 5,014 | 5,842 | 5,359 | −8.3% |
| Equity | 1,796 | 1,735 | 1,309 | 1,674 | 2,246 | 2,478 | +10.3% |
| Liabilities | 2,773 | 2,312 | 3,658 | 3,340 | 3,596 | 2,881 | −19.9% |
| Cash and cash equivalents | 1,590 | 1,295 | 1,386 | 1,419 | 2,143 | 1,763 | −17.7% |
| Average number of employees | 3 | 3 | 3 | 3 | 3 | 3 | 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 figuresProfit 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 23/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 28/05/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 22/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 30/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 25/04/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 04/06/2021 | 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
70 companies in the databaseComparison with the other companies in wholesale of grain, unmanufactured tobacco, seeds and animal feeds based on the latest financial year.
Industry median: gross profit DKK 5.9m, net profit DKK 1.1m, equity DKK 9.6m, 5 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. 34,909of 69,742 Better than 50% | No. 21,627of 69,964 Better than 69% |
| Same industry and fewer than 20 employees52 companies in the comparison | No. 36of 52 Better than 31% | No. 39of 52 Better than 25% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 18,728of 33,588 Better than 44% | No. 9,524of 33,687 Better than 72% |
| All companies of type A/S18,025 companies in the comparison | No. 15,019of 17,786 Better than 16% | No. 13,929of 18,024 Better than 23% |
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 grain, unmanufactured tobacco, seeds and animal feeds- Horse Square A/SDKK 1.7m
- Danish Agro A.m.b.a.DKK 4.4bn
- Dansk Landbrugs Frøselskab AMBADKK 1.6bn
- Horse Square A/SDKK 232k
- Danish Agro A.m.b.a.DKK 483.1m
- Dansk Landbrugs Frøselskab AMBADKK 260m
- Horse Square A/SDKK 2.5m
- Danish Agro A.m.b.a.DKK 7.3bn
- Dansk Landbrugs Frøselskab AMBADKK 3.1bn
- Horse Square A/S5
- Danish Agro A.m.b.a.952
- Dansk Landbrugs Frøselskab AMBA2
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Horse Square Holding ApS100%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Camilla Anne Elisabeth Boel-Kjær | Director | 15/03/2017 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Camilla Anne Elisabeth Boel-Kjær | Board member | 15/03/2017 |
| Nikolai Erik Bøving | Board member | 15/03/2017 |
| Lis Agnes Boel-Kjær | Board member | 22/05/2020 |
- Auditor
- Grant Thornton, Godkendt Revisionspartnerselskab
- Founders
- Camilla Anne Elisabeth Boel-Kjær
Former management (1)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Lars Boel-Kjær | Board member | 15/03/2017 | 07/03/2020 |
Signing rule: Selskabet tegnes af den samlede bestyrelse i forening eller af direktionen og et bestyrelsesmedlem i forening.
Address and production units
1 active production unitsBlokken 42
3460 Birkerød
Rudersdal Municipality · Postcode 3460
Other companies at the address (1)
- Dreyers Sadelmageri ApSManufacture of luggage, handbags, saddlery and harness
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Horse Square A/S | Blokken 42, st, 3460 Birkerød | 5 | 1022315753 |
Purpose
Selskabets formål er at drive handelsvirksomhed inden for foder og tilbehør til dyr samt hermed forbundet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
17 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20222 changesaccounts 1 · address 1
- AccountsAnnual report for 2021 published
- AddressMoved to Blokken 42, st, 3460 Birkerød
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20202 changesmanagement 2
- ManagementLis Agnes Boel-Kjær appointed board member
- ManagementLars Boel-Kjær stepped down as board member
20182 changesownership 2
- OwnershipHorse Square Holding ApS registered as owner (100%)
- OwnershipCamilla Anne Elisabeth Boel-Kjær is no longer registered as owner
20176 changesfounded 1 · management 4 · ownership 1
- FoundedRegistered as Horse Square A/S
- ManagementLars Boel-Kjær appointed board member
- ManagementCamilla Anne Elisabeth Boel-Kjær appointed director
- ManagementCamilla Anne Elisabeth Boel-Kjær appointed board member
- ManagementNikolai Erik Bøving appointed board member
- OwnershipCamilla Anne Elisabeth Boel-Kjær registered as owner (100%)
Related companies
Same people in management
- Nyt Syn Cph ApSvia Nikolai Erik Bøving
Largest in the industry
- Danish Agro A.m.b.a.DKK 4.4bn
- Dansk Landbrugs Frøselskab AMBADKK 1.6bn
- Vores Andel a.m.b.a.DKK 319.6m
- Brødr. Ewers A/SDKK 217.8m
- Mollerup Mølle A/SDKK 129.5m
- Jensen Seeds A/SDKK 64.8m
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.