Hulbæk Mælkeproduktion A/S
Public limited companyCVR 43995081TjeleActive
Hulbæk Mælkeproduktion A/S is a public limited company, based in Tjele, active in raising of dairy cattle, founded in 2023. After a loss in 2024, the company made a profit of DKK 5m in 2025. Equity grew to DKK 14.5m in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 41% (2024 → 2025), to DKK 14m.
- Net profit went from a loss of DKK 2.5m to a profit of DKK 5m (2024 → 2025).
- Equity rose 53% (2024 → 2025), to DKK 14.5m.
Employees
- 3 more employees than a year earlier: 15 (07/2026) against 12 (07/2025).
Management and owners, last 24 months
- New in management: Ninna Westphael (board member, 03/10/2025).
- Stepped down: Martin Sigvard Døssing (board member, 02/10/2025).
- New owners registered: J. Sanko Invest ApS (28/04/2026), Frandsbjerg Dairy and Beef Group ApS (28/04/2026) and Frandsbjerg Dairy and Beef Group ApS (07/07/2025).
- No longer registered as owner: Frandsbjerg Invest A/S (07/07/2025), J. Sanko Invest ApS (27/04/2026) and Frandsbjerg Dairy and Beef Group ApS (27/04/2026).
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 2024–2025 · amounts in DKK thousandEquity and net profit
| 2024 | 2025 | Change | |
|---|---|---|---|
| Revenue | not stated | not stated | – |
| Gross profit | 9,955 | 14,049 | +41.1% |
| Operating profit (EBIT) | 1,295 | 9,001 | +595.1% |
| Profit before tax | −2,259 | 6,425 | +384.4% |
| Net profit | −2,498 | 5,011 | +300.6% |
| Total assets | 67,287 | 88,589 | +31.7% |
| Equity | 9,529 | 14,540 | +52.6% |
| Liabilities | 55,868 | 72,158 | +29.2% |
| Cash and cash equivalents | – | 800 | – |
| Average number of employees | 14 | 9 | −35.7% |
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 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 figuresFewer employees
The number of employees fell 36% from 14 in 2024 to 9 in 2025.
How is this calculated?
The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.
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
2 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/07/2024 – 30/06/2025 | 01/12/2025 | The company | PDF not statedXBRL |
| 2024 | 17/04/2023 – 30/06/2024 | 20/12/2024 | 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
151 companies in the databaseComparison with the other companies in raising of dairy cattle based on the latest financial year.
Industry median: gross profit DKK 10.3m, net profit DKK 4m, equity DKK 16.4m, 6 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. 2,686of 69,742 Better than 96% | No. 7,134of 69,964 Better than 90% |
| Same industry and fewer than 20 employees126 companies in the comparison | No. 31of 126 Better than 76% | No. 59of 126 Better than 54% |
| Companies that are founded within the last five years16,662 companies in the comparison | No. 657of 16,614 Better than 96% | No. 695of 16,661 Better than 96% |
| All companies of type A/S18,025 companies in the comparison | No. 7,480of 17,786 Better than 58% | No. 7,341of 18,024 Better than 59% |
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 dairy cattle- Hulbæk Mælkeproduktion A/SDKK 14m
- Rønhave ApSDKK 93.2m
- Gram og Nybøl Godser A/SDKK 79.6m
- Hulbæk Mælkeproduktion A/SDKK 5m
- Rønhave ApSDKK 36.9m
- Gram og Nybøl Godser A/SDKK 7.8m
- Hulbæk Mælkeproduktion A/SDKK 14.5m
- Rønhave ApSDKK 125.3m
- Gram og Nybøl Godser A/SDKK 86.7m
- Hulbæk Mælkeproduktion A/S15
- Rønhave ApS90
- Gram og Nybøl Godser A/S128
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- J. Sanko Invest ApS33.33%
- Frandsbjerg Dairy and Beef Group ApS50%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Jesper Sanko | Director | 17/04/2023 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Søren Rasmussen | Chair of the board | 17/04/2023 |
| Jesper Sanko | Board member | 17/04/2023 |
| Jeanette Liberoht Pedersen | Board member | 17/04/2023 |
| Ninna Westphael | Board member | 03/10/2025 |
- Founders
- Frandsbjerg Invest A/S, J. Sanko Invest ApS
Former management (1)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Martin Sigvard Døssing | Board member | 17/04/2023 | 02/10/2025 |
Signing rule: Selskabet tegnes af en direktør sammen med bestyrelsesformanden eller af den samlede bestyrelse.
Address and production units
1 active production unitsHulbækvej 38
8830 Tjele
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Hulbæk Mælkeproduktion A/S | Hulbækvej 38, Hulbæk, 8830 Tjele | 14 | 1029232403 |
Purpose
Selskabets formål er at drive erhvervsmæssig virksomhed inden for landbrug med produktion af malkekvæg og dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
19 registered events20264 changesownership 4
- OwnershipJ. Sanko Invest ApS registered as owner (33.33%)
- OwnershipFrandsbjerg Dairy and Beef Group ApS registered as owner (50%)
- OwnershipFrandsbjerg Dairy and Beef Group ApS is no longer registered as owner
- OwnershipJ. Sanko Invest ApS is no longer registered as owner
20255 changesaccounts 1 · management 2 · ownership 2
- AccountsAnnual report for 2025 published
- ManagementNinna Westphael appointed board member
- ManagementMartin Sigvard Døssing stepped down as board member
- OwnershipFrandsbjerg Dairy and Beef Group ApS registered as owner (66.67%)
- OwnershipFRANDSBJERG INVEST A/S is no longer registered as owner
20241 changeaccounts 1
- AccountsAnnual report for 2024 published
20239 changescapital 1 · founded 1 · management 5 · ownership 2
- CapitalShare capital changed from 400,000 DKK to 500,000 DKK
- FoundedRegistered as Hulbæk Mælkeproduktion A/S
- ManagementMartin Sigvard Døssing appointed board member
- ManagementSøren Rasmussen appointed chair of the board
- ManagementJesper Sanko appointed director
- ManagementJesper Sanko appointed board member
- ManagementJeanette Liberoht Pedersen appointed board member
- OwnershipFRANDSBJERG INVEST A/S registered as owner (66.67%)
- OwnershipJ. Sanko Invest ApS registered as owner (25%)
Related companies
Same industry in Viborg
- Gammelager A/S21 employees
- Iglsø Agro Landbrug ApS16 employees
- Fårup Overgaard ApS12 employees
- Bredmose Mælk ApS10 employees
- Borup Kotel ApS9 employees
- Iglsø Agro ApS7 employees
Same people in management
- Eurowind Energy A/Svia Søren Rasmussen
- Dangrow Agro A/Svia Søren Rasmussen
- Dangrow Convenience A/Svia Søren Rasmussen
- Mariesminde Landbrug A/Svia Søren Rasmussen
- Eurowind Project A/Svia Søren Rasmussen
- Hanghøj Agro A/Svia Søren Rasmussen
Largest in the industry
- Rønhave ApSDKK 93.2m
- Gram og Nybøl Godser A/SDKK 79.6m
- Hedelund Mælk ApSDKK 79.4m
- Højvanggaard ApSDKK 73.3m
- Mosevang Mælk ApSDKK 67.7m
- Grut Fjildnocht ApSDKK 54.3m
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.