I.m. Frellsen K/S
Limited partnershipCVR 25340604RoskildeActive
I.m. Frellsen K/S is a limited partnership, based in Roskilde, active in retail sale of bread, cakes and confectionery, founded in 2000. Net profit fell 41% from 2024 to 2025, ending at DKK 18.3m. Measured by gross profit, it ranks no. 1 of 91 companies in the industry in the database. Operations are spread over 44 production units in 35 towns.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 4% (2024 → 2025), to DKK 142.1m.
- Net profit fell 41% (2024 → 2025), to DKK 18.3m.
- Equity rose 3% (2024 → 2025), to DKK 47.8m.
Employees
- 50 more employees than a year earlier: 601 (07/2026) against 551 (07/2025).
Management and owners, last 24 months
- New in management: Erik Muldorff Frellsen (board member, 05/02/2026).
- Stepped down: Birgitte Muldorff Hansen (board member, 05/02/2026).
Registrations, last 24 months
- 01/01/2025: Industry changed to Retail sale of bread, cakes and confectionery (472400)
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 | 365,507 | not stated | not stated | – |
| Gross profit | 120,518 | 111,521 | 116,725 | 136,234 | 147,560 | 142,099 | −3.7% |
| Operating profit (EBIT) | 27,187 | 16,549 | 14,528 | 31,102 | 36,964 | 24,082 | −34.9% |
| Net profit | 22,025 | 12,820 | 11,006 | 25,326 | 30,833 | 18,272 | −40.7% |
| Total assets | 170,382 | 146,853 | 159,140 | 176,056 | 185,371 | 204,952 | +10.6% |
| Equity | 39,250 | 40,250 | 41,050 | 43,250 | 46,250 | 47,750 | +3.2% |
| Liabilities | 131,132 | 106,603 | 118,090 | 132,806 | 139,121 | 157,202 | +13% |
| Cash and cash equivalents | 26,629 | 12,983 | 16,869 | 24,152 | 16,542 | 257 | −98.4% |
| Average number of employees | 196 | 194 | 206 | 199 | 205 | 210 | +2.4% |
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, 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 | 01/10/2024 – 30/09/2025 | 09/02/2026 | The company | PDF not statedXBRL |
| 2024 | 01/10/2023 – 30/09/2024 | 20/02/2025 | The company | PDFXBRL |
| 2023 | 01/10/2022 – 30/09/2023 | 07/02/2024 | The company | PDFXBRL |
| 2022 | 01/10/2021 – 30/09/2022 | 08/02/2023 | The company | PDFXBRL |
| 2021 | 01/10/2020 – 30/09/2021 | 28/02/2022 | The company | PDFXBRL |
| 2020 | 01/10/2019 – 30/09/2020 | 27/02/2021 | 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
91 companies in the databaseComparison with the other companies in retail sale of bread, cakes and confectionery based on the latest financial year.
Industry median: gross profit DKK 932k, net profit DKK 14,561, equity DKK 79,969, 3 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 500–999 employees207 companies in the comparison | No. 155of 189 Better than 18% | No. 157of 207 Better than 24% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 490of 24,791 Better than 98% | No. 2,418of 24,909 Better than 90% |
| All companies of type K/S195 companies in the comparison | No. 7of 190 Better than 97% | No. 45of 195 Better than 77% |
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
Retail sale of bread, cakes and confectionery- I.m. Frellsen K/SDKK 142.1m
- Guldægget ApSDKK 23.8m
- PTF-Arkadens Isbod ApSDKK 8.8m
- I.m. Frellsen K/SDKK 18.3m
- Guldægget ApS−DKK 131k
- PTF-Arkadens Isbod ApSDKK 2.5m
- I.m. Frellsen K/SDKK 47.8m
- Guldægget ApSDKK 214k
- PTF-Arkadens Isbod ApSDKK 12.2m
- I.m. Frellsen K/S601
- Guldægget ApS136
- PTF-Arkadens Isbod ApS80
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Erik Muldorff Frellsen5%
- Anna Cecilia Frellsen5%
- Christina Muldorff Frellsen10%
- Frellco ApS33.33%
- Peter Muldorff Frellsen20%
- Henrik Muldorff Frellsen20%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Peter Muldorff Frellsen | Director | 01/10/2007 |
| Henrik Muldorff Frellsen | Director | 01/10/2007 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Peter Muldorff Frellsen | Board member | 09/07/2015 |
| Henrik Muldorff Frellsen | Board member | 09/07/2015 |
| Erik Muldorff Frellsen | Board member | 05/02/2026 |
Former management (7)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Ole Michael Muldorff Frellsen | Director | 01/02/2000 | 01/12/2009 |
| Claus Muldorff Frellsen | Director | 01/02/2000 | 01/10/2007 |
| Jørgen Muldorff Frellsen | Director | 01/02/2000 | 09/07/2015 |
| Ole Michael Muldorff Frellsen | Board member | 30/03/2001 | 19/07/2011 |
| Claus Muldorff Frellsen | Board member | 30/03/2001 | 09/07/2015 |
| Jørgen Muldorff Frellsen | Board member | 02/04/2001 | 09/07/2015 |
| Birgitte Muldorff Hansen | Board member | 19/07/2011 | 05/02/2026 |
Signing rule: Virksomheden tegnes af 2 bestyrelsesmedlemmer i forening eller af et bestyrelsesmedlem i forening med en direktør.
Address and production units
44 active production unitsIndustrivej 14
4000 Roskilde
| Production unit | Address | Employees | P number |
|---|---|---|---|
| I M FRELLSEN KAFFE & TE | Industrivej 14, 4000 Roskilde | 60 | 1004670229 |
| I M FRELLSEN CHOKOLADEFABRIK | Industrivej 14, 4000 Roskilde | 57 | 1003205883 |
| FRELLSEN KAFFE Lager | Tunøvej 9B, 8940 Randers SV | 20 | 1004130558 |
| Frellsen Chokolade | Rødovre Centrum 1R, st. 102, 2610 Rødovre | 20 | 1015272445 |
| Fabriksbutik Roskilde | Industrivej 14, 4000 Roskilde | 18 | 1030714446 |
| I M FRELLSEN | Købmagergade 31, 1150 København K | 17 | 1007317812 |
| I M FRELLSEN | Søndergade 7, 8700 Horsens | 17 | 1003206246 |
| I M FRELLSEN | Vestergade 41, 5000 Odense C | 17 | 1003206209 |
| I M FRELLSEN FIELDS | Arne Jacobsens Allé 12, 2300 København S | 17 | 1010358112 |
| Frellsen Chokolade | Næstved Storcenter 5, 4700 Næstved | 16 | 1003206040 |
| I M FRELLSEN | Akseltorv 4, 6000 Kolding | 16 | 1003206222 |
| I M FRELLSEN | Rådhusstræde 2, 8900 Randers C | 16 | 1009095817 |
| I M FRELLSEN VESTSJÆLLANDS CENTRET | Vestsjællandscentret 10A, st. 37, 4200 Slagelse | 15 | 1003206118 |
| I M FRELLSEN | Skomagergade 9, 4000 Roskilde | 14 | 1003206003 |
| Frellsen Chokolade - Broen | Exnersgade 18, 1. 50, 6700 Esbjerg | 13 | 1022243086 |
Showing 15 of 44 units (sorted by employees).
Purpose
Virksomhedens formål er at drive fabrikation og salt af chokolade, konfekture, is, kaffe og enhver dermed i forbindelse dermed stående virksomhed, at drive virksomhed med skovdrift og at foretage kapitalplacering i værdipapirer samt andre investeringsformer, som står i naturlig forbindelse med hovedformålene.
The purpose is quoted from the register in Danish.
Changes year by year
43 registered events20263 changesaccounts 1 · management 2
- AccountsAnnual report for 2025 published
- ManagementErik Muldorff Frellsen appointed board member
- ManagementBirgitte Muldorff Hansen stepped down as board member
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Retail sale of bread, cakes and confectionery (472400)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20203 changesownership 3
- OwnershipHenrik Muldorff Frellsen registered as owner (20%)
- OwnershipClaus Muldorff Frellsen is no longer registered as owner
- OwnershipHenrik Muldorff Frellsen is no longer registered as owner
20193 changesownership 3
- OwnershipPeter Muldorff Frellsen registered as owner (20%)
- OwnershipJørgen Muldorff Frellsen is no longer registered as owner
- OwnershipPeter Muldorff Frellsen is no longer registered as owner
20168 changesownership 8
- OwnershipPeter Muldorff Frellsen registered as owner (10%)
- OwnershipHenrik Muldorff Frellsen registered as owner (15%)
- OwnershipErik Muldorff Frellsen registered as owner (5%)
- OwnershipClaus Muldorff Frellsen registered as owner (5%)
- OwnershipChristina Muldorff Frellsen registered as owner (10%)
- OwnershipFRELLCO ApS registered as owner (33.33%)
- OwnershipAnna Cecilia Frellsen registered as owner (5%)
- OwnershipJørgen Muldorff Frellsen registered as owner (10%)
20155 changesmanagement 5
- ManagementPeter Muldorff Frellsen appointed board member
- ManagementHenrik Muldorff Frellsen appointed board member
- ManagementJørgen Muldorff Frellsen stepped down as board member
- ManagementClaus Muldorff Frellsen stepped down as board member
- ManagementJørgen Muldorff Frellsen stepped down as director
20112 changesmanagement 2
- ManagementBirgitte Muldorff Hansen appointed board member
- ManagementOle Michael Muldorff Frellsen stepped down as board member
20091 changemanagement 1
- ManagementOle Michael Muldorff Frellsen stepped down as director
20081 changeindustry 1
- IndustryIndustry changed to Retail sale of bread, cakes and confectionery (472400)
20073 changesmanagement 3
- ManagementPeter Muldorff Frellsen appointed director
- ManagementHenrik Muldorff Frellsen appointed director
- ManagementClaus Muldorff Frellsen stepped down as director
20013 changesmanagement 3
- ManagementJørgen Muldorff Frellsen appointed board member
- ManagementClaus Muldorff Frellsen appointed board member
- ManagementOle Michael Muldorff Frellsen appointed board member
20005 changesindustry 1 · founded 1 · management 3
- IndustryIndustry changed to Chokolade- og konfektureforretninger (522420)
- FoundedRegistered as I.M. FRELLSEN K/S
- ManagementClaus Muldorff Frellsen appointed director
- ManagementJørgen Muldorff Frellsen appointed director
- ManagementOle Michael Muldorff Frellsen appointed director
Related companies
Same people in management
- William Demant Invest A/Svia Anna Cecilia Frellsen
Largest in the industry
- Guldægget ApSDKK 23.8m
- PTF-Arkadens Isbod ApSDKK 8.8m
- Kastberg IS ApSDKK 8.6m
- Bakebread ApSDKK 7.2m
- Granny's House ApSDKK 6.5m
- Helsted Bageren ApSDKK 6.1m
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 23/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.