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L&N Supply Ships ApS

Private limited companyCVR 41540079SkagenActive

L&N Supply Ships ApS is a private limited company, based in Skagen, active in sea and coastal freight water transport, founded in 2020. Net profit rose 80% from 2024 to 2025, ending at DKK 12.2m. Profit has grown three years in a row. Equity grew to DKK 26.3m in 2025.

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Key figures · financial year 2025

Gross profitDKK 33.1m+25.9% vs. 2024
Net profitDKK 12.2m+80% vs. 2024
EquityDKK 26.3m+68.2% vs. 2024
Employees35latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 26% (2024 → 2025), to DKK 33.1m.
  • Net profit rose 80% (2024 → 2025), to DKK 12.2m.
  • Equity rose 68% (2024 → 2025), to DKK 26.3m.

Employees

  • 3 more employees than a year earlier: 35 (07/2026) against 32 (07/2025).

Management and owners, last 24 months

  • New in management: Mike Birkebo Andersen (board member, 01/06/2025), Mads Larsson (director, 01/06/2025) and Rasmus Høj Larsen (director, 01/06/2025) (+4).
  • Stepped down: Rasmus Høj Larsen (director, 31/05/2025) and Martin Bay Nordtorp (board member, 28/08/2026).
  • New owners registered: Calm Waters ApS (29/09/2025), Birkebo Holding ApS (03/07/2025) and Bay Nordtorp ApS (03/07/2025) (+2).
  • No longer registered as owner: Birkebo Holding ApS (02/07/2025), Bay Nordtorp ApS (02/07/2025) and Rasmus Høj Larsen Holding ApS (02/07/2025) (+4).

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 2021–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25m20212022202320242025
EquityNet profit
Financial figures for L&N Supply Ships ApS
20212022202320242025Change
Revenuenot statednot statednot statednot statednot stated–
Gross profit8727,41420,13426,32233,139+25.9%
Operating profit (EBIT)782,9746,2158,40412,766+51.9%
Profit before tax–1,9904,7866,76412,177+80%
Net profit671,9904,7866,76412,177+80%
Total assets90826,77831,31730,81052,210+69.5%
Equity1074,0978,88415,64826,325+68.2%
Liabilities80122,68122,43415,16225,885+70.7%
Cash and cash equivalents5501,8989,028101−98.9%
Average number of employees28243129−6.5%

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 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 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30mDKK 35m20212022202320242025
Gross profitMedian, the industry (108 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

5 financial years
Annual reports for L&N Supply Ships ApS
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202515/01/2026The companyPDF not statedXBRL
202401/10/2023 – 30/09/202427/12/2024The companyPDFXBRL
202301/10/2022 – 30/09/202316/01/2024The companyPDFXBRL
202201/10/2021 – 30/09/202222/03/2023The companyPDFXBRL
202124/07/2020 – 30/09/202115/03/2022The 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
01020304008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

108 companies in the database

Comparison with the other companies in sea and coastal freight water transport based on the latest financial year.

Gross profitDKK 33.1mNo. 21 of 103
Better than 80% of the companies in the industry
EquityDKK 26.3mNo. 45 of 108
Better than 59% of the companies in the industry
Number of employees35No. 34 of 108
Better than 69% of the companies in the industry

Industry median: gross profit DKK 5.1m, net profit DKK 919k, equity DKK 15.4m, 13 employees.

DKK 448kDKK 2.7mDKK 15.8mDKK 93.5mDKK 306.2mHere
Distribution of gross profit for 88 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 20–49 employees9,922 companies in the comparison
No. 1,111of 9,892
Better than 89%
No. 1,360of 9,922
Better than 86%
Same industry and 20–49 employees19 companies in the comparison
No. 3of 19
Better than 89%
No. 9of 19
Better than 56%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 1,141of 33,588
Better than 97%
No. 1,900of 33,687
Better than 94%
All companies of type ApS66,508 companies in the comparison
No. 1,261of 66,379
Better than 98%
No. 3,476of 66,505
Better than 95%

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

Sea and coastal freight water transport
Gross profit
  1. L&N Supply Ships ApSDKK 33.1m
  2. Unifeeder A/SDKK 554.1m
  3. Royal Arctic Line A/SDKK 512.4m
Net profit
  1. L&N Supply Ships ApSDKK 12.2m
  2. Unifeeder A/SDKK 208.9m
  3. Royal Arctic Line A/SDKK 10.9m
Equity
  1. L&N Supply Ships ApSDKK 26.3m
  2. Unifeeder A/SDKK 2.5bn
  3. Royal Arctic Line A/SDKK 648.4m
Employees
  1. L&N Supply Ships ApS35
  2. Unifeeder A/S146
  3. Royal Arctic Line A/S40

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
  • Calm Waters ApS100%
L&N Supply Ships ApS

Management

6 active registrations

Executive management

Executive management at L&N Supply Ships ApS
NameRoleAppointed
Mads LarssonDirector01/06/2025
Rasmus Høj LarsenDirector01/06/2025

Board of directors

Board of directors at L&N Supply Ships ApS
NameRoleAppointed
Mike Birkebo AndersenBoard member01/06/2025
Rasmus Høj LarsenChair of the board01/06/2025
Mads LarssonBoard member28/08/2026
Renè Breyen-MikkelsenBoard member28/08/2026
Founders
Bay Nordtorp ApS, Rasmus Høj Larsen Holding ApS
Former management (2)
Former management at L&N Supply Ships ApS
NameRoleAppointedResigned
Rasmus Høj LarsenDirector24/07/202031/05/2025
Martin Bay NordtorpBoard member01/06/202528/08/2026

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

Address and production units

1 active production units

Kuttervej 15
9990 Skagen

Frederikshavn Municipality · Postcode 9990

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
L&N Supply Ships ApSKuttervej 15, 9990 Skagen341026063589

Purpose

Selskabets formål er at drive virksomhed med bugsering og proviantering til skibe, samt enhver i forbindelse hermed stående virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

40 registered events
20264 changesmanagement 3 · accounts 1
  • Renè Breyen-Mikkelsen appointed board member
  • Mads Larsson appointed board member
  • Martin Bay Nordtorp stepped down as board member
  • Annual report for 2025 published
202518 changesownership 12 · management 6
  • Calm Waters ApS registered as owner (100%)
  • BIRKEBO HOLDING ApS is no longer registered as owner
  • Bay Nordtorp ApS is no longer registered as owner
  • Rasmus Høj Larsen Holding ApS is no longer registered as owner
  • Frisa ApS is no longer registered as owner
  • BIRKEBO HOLDING ApS registered as owner (25%)
  • Bay Nordtorp ApS registered as owner (25%)
  • Rasmus Høj Larsen Holding ApS registered as owner (25%)
  • Frisa ApS registered as owner (10%)
  • BIRKEBO HOLDING ApS is no longer registered as owner
  • Bay Nordtorp ApS is no longer registered as owner
  • Rasmus Høj Larsen Holding ApS is no longer registered as owner
  • Mike Birkebo Andersen appointed board member
  • Mads Larsson appointed director
  • Rasmus Høj Larsen appointed chair of the board
  • Rasmus Høj Larsen appointed director
  • Martin Bay Nordtorp appointed board member
  • Rasmus Høj Larsen stepped down as director
20242 changesaccounts 2
  • Annual report for 2024 published
  • Annual report for 2023 published
20233 changesindustry 1 · address 1 · accounts 1
  • Industry changed to Sea and coastal freight water transport (502000)
  • Moved to Kuttervej 15, 9990 Skagen
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20217 changescapital 1 · ownership 5 · address 1
  • Share capital changed from 40,000 DKK to 56,004 DKK
  • BIRKEBO HOLDING ApS registered as owner (33.33%)
  • Bay Nordtorp ApS registered as owner (33.33%)
  • Rasmus Høj Larsen Holding ApS registered as owner (33.33%)
  • Bay Nordtorp ApS is no longer registered as owner
  • Rasmus Høj Larsen Holding ApS is no longer registered as owner
  • Moved to Skippergade 54, 1, 9900 Frederikshavn
20205 changesaddress 1 · founded 1 · management 1 · ownership 2
  • Moved to Silovej 8, 1, 9900 Frederikshavn
  • Registered as L&N Supply Ships ApS
  • Rasmus Høj Larsen appointed director
  • Bay Nordtorp ApS registered as owner (50%)
  • Rasmus Høj Larsen Holding ApS registered as owner (50%)

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Same people in management

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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.

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