Lantmännen Schulstad A/S
Public limited companyCVR 10245613HvidovreActive
Lantmännen Schulstad A/S is a public limited company, based in Hvidovre, active in industrial manufacture of bread and fresh pastry goods, founded in 1917. Net profit rose 61% from 2024 to 2025, ending at DKK 72.2m. Measured by gross profit, it ranks no. 2 of 31 companies in the industry in the database. Profit has grown three years in a row.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 2% (2024 → 2025), to DKK 481.2m.
- Net profit rose 61% (2024 → 2025), to DKK 72.2m.
Employees
- 12 fewer employees than a year earlier: 706 (08/2026) against 718 (08/2025).
Management and owners, last 24 months
- New in management: Simon Kissling Husted (chair of the board, 28/05/2026), Torben Gjerlev Pedersen (deputy board member, 19/02/2025) and Steen Lauritsen (deputy board member, 25/04/2025).
- Stepped down: Morten Leth (chair of the board, 28/05/2026), Johnny Christensen (deputy board member, 19/02/2025) and Henrik Kirkensgaard Nielsen (deputy board member, 25/04/2025) (+2).
Registrations, last 24 months
- 01/01/2025: Industry changed to Industrial manufacture of bread and fresh pastry goods (107110)
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 | 988,730 | 982,313 | 1,080,734 | 1,189,424 | 1,136,249 | 1,130,076 | −0.5% |
| Gross profit | 376,911 | 390,734 | 425,392 | 456,774 | 471,378 | 481,169 | +2.1% |
| Operating profit (EBIT) | −19,033 | 713 | 43,812 | 53,695 | 52,665 | 54,798 | +4.1% |
| Profit before tax | −18,302 | 253 | 42,255 | 54,330 | 57,182 | 84,310 | +47.4% |
| Net profit | −16,286 | −597 | 34,599 | 41,232 | 44,924 | 72,175 | +60.7% |
| Total assets | 670,728 | 645,418 | 666,303 | 737,678 | 778,436 | 752,749 | −3.3% |
| Equity | 398,580 | 398,272 | 433,008 | 474,336 | 519,260 | 516,435 | −0.5% |
| Liabilities | 272,148 | 247,146 | 233,295 | 263,342 | 259,176 | 236,314 | −8.8% |
| Cash and cash equivalents | 0 | 0 | – | – | – | 88,647 | – |
| Average number of employees | 633 | 600 | 585 | 582 | 559 | 555 | −0.7% |
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.
Download the figures as CSV · free with an account, amounts in whole DKK
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 29/05/2026 | 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 | 31/05/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 31/05/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 31/05/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 31/05/2021 | 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
31 companies in the databaseComparison with the other companies in industrial manufacture of bread and fresh pastry goods based on the latest financial year.
Industry median: gross profit DKK 6.1m, net profit DKK 262k, equity DKK 1.3m, 8 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 500–999 employees207 companies in the comparison | No. 63of 189 Better than 67% | No. 71of 207 Better than 66% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 185of 10,152 Better than 98% | No. 363of 10,275 Better than 96% |
| All companies of type A/S18,025 companies in the comparison | No. 294of 17,786 Better than 98% | No. 695of 18,024 Better than 96% |
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
Industrial manufacture of bread and fresh pastry goods- Lantmännen Schulstad A/SDKK 481.2m
- Dan Cake A/SDKK 530.7m
- Kohberg Bakery Group A/SDKK 288.8m
- Lantmännen Schulstad A/SDKK 72.2m
- Dan Cake A/SDKK 174.7m
- Kohberg Bakery Group A/SDKK 67.8m
- Lantmännen Schulstad A/SDKK 516.4m
- Dan Cake A/SDKK 1.2bn
- Kohberg Bakery Group A/SDKK 250.9m
- Lantmännen Schulstad A/S706
- Dan Cake A/S257
- Kohberg Bakery Group A/S463
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Lantmännen Unibake Holding AB100%
Management
6 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Pernille Heine Bang-Löwgren | CEO | 01/02/2021 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Sonja Ilse Bentzen | Board member | 25/05/2020 |
| Thomas Jacobsen | Board member | 25/05/2020 |
| Pernille Heine Bang-Löwgren | Board member | 01/02/2021 |
| Martine Midjord Petersen | Board member | 27/05/2024 |
| Simon Kissling Husted | Chair of the board | 28/05/2026 |
Former management (77)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Karsten Egelund | Chair of the board | 27/02/1917 | 09/04/2003 |
| Hans Tandrup | Board member | 27/02/1917 | 30/07/1993 |
| Arne Pedersen | Deputy board member | 27/02/1917 | 06/05/2004 |
| Jørn Thor Otkjær | Deputy board member | 27/02/1917 | 21/09/1999 |
| Erling Hessellund Eskildsen | Board member | 27/02/1917 | 30/07/1993 |
| Bent Bryde Nielsen | Chair of the board | 27/02/1917 | 28/05/1999 |
| Per Kristensen | Board member | 27/02/1917 | 27/12/1995 |
| Anna Rita Nielsen | Deputy board member | 27/02/1917 | 23/12/1987 |
| Poul Gaarden | Board member | 27/02/1917 | 31/08/1990 |
| Sonja Andersen | Board member | 27/02/1917 | 23/12/1993 |
| Peter Michael Järkén | Deputy board member | 27/02/1917 | 23/12/1987 |
| Erik From | Board member | 27/02/1917 | 26/04/2005 |
| Rasmus Jacobsen | Board member | 27/02/1917 | 29/05/1992 |
| Alfred Theodor Fritz Max | Board member | 27/02/1917 | 28/09/1999 |
| Erik Hjorth | Board member | 27/02/1917 | 13/06/1994 |
| Mogens Børge Bang | Director | 27/02/1917 | 19/08/2002 |
| Ib Martin Lundegaard | Deputy board member | 27/02/1917 | 23/12/1993 |
| Hanne Karup Rachlitz | Deputy board member | 27/02/1917 | 27/12/1995 |
| Benny Hansen | Board member | 27/02/1917 | 21/06/1996 |
| Klaus Adamsen | Board member | 27/02/1917 | 27/12/1995 |
| Anders Colding Friis | CEO | 27/02/1917 | 28/09/1999 |
| Leo From | Director | 27/02/1917 | 05/07/1997 |
| Jens Juul Olesen | Board member | 28/05/1999 | 31/10/2006 |
| Karsten Egelund | CEO | 28/09/1999 | 05/03/2001 |
| Torben Jakobsen | Board member | 28/09/1999 | 01/07/2005 |
| Alan Thomsen | Director | 11/09/2000 | 28/11/2003 |
| Karsten Dennis Hansen | Director | 05/03/2001 | 27/09/2001 |
| Per-Olov Nils Kullberg | Chair of the board | 09/04/2003 | 15/09/2004 |
| Håkan Ahlqvist | Board member | 09/04/2003 | 26/04/2005 |
| Harald Fabricius | Board member | 06/05/2004 | 07/12/2007 |
| Inge Marie Pedersen | Board member | 06/05/2004 | 10/07/2006 |
| Ole Pilekær Hansen | Deputy board member | 06/05/2004 | 01/11/2006 |
| Håkan Lundstedt | Chair of the board | 15/09/2004 | 31/10/2006 |
| Morten Hellesen | CEO | 04/05/2005 | 29/02/2008 |
| Jan Carreman | Board member | 04/05/2005 | 10/07/2006 |
| Jonas Kaveryd | Board member | 04/05/2005 | 20/02/2006 |
| Gunnar Blond Erbs | Board member | 01/07/2005 | 01/01/2008 |
| Rickard Lundström | Board member | 20/02/2006 | 31/10/2006 |
| Morten Hellesen | Board member | 10/07/2006 | 29/02/2008 |
| Bent Erik Pultz Larsen | Chair of the board | 31/10/2006 | 16/01/2012 |
| Peter Elkjær-Larsen | Board member | 31/10/2006 | 16/11/2009 |
| Trine Christensen | Board member | 26/02/2007 | 16/05/2012 |
| Søren Landtved | Board member | 29/02/2008 | 14/08/2009 |
| Søren Landtved | CEO | 29/02/2008 | 14/08/2009 |
| Kim Blicher Hansen | Board member | 14/05/2008 | 30/04/2017 |
| Helle Mai-Britt Gajhede | Deputy board member | 14/05/2008 | 29/05/2012 |
| Anne Zoëga Tomazos | Board member | 14/05/2008 | 08/02/2012 |
| Carsten Lyngsø Thomsen | Board member | 14/08/2009 | 01/04/2012 |
| Carsten Lyngsø Thomsen | CEO | 14/08/2009 | 01/04/2012 |
| Brian Guldbrandt | Board member | 14/08/2009 | 16/05/2012 |
| Stine Aare Jensen | Board member | 16/11/2009 | 19/12/2013 |
| Karl Lars Olov Gustafsson | Board member | 10/05/2011 | 25/09/2012 |
| Jan Klarskov Henriksen | CEO | 01/04/2012 | 25/09/2012 |
| Niels Anton Sloth Madsen | Deputy board member | 29/05/2012 | 13/05/2016 |
| Henrik Hansen | Board member | 29/05/2012 | 04/04/2016 |
| Jens Erik Christensen | Board member | 29/05/2012 | 23/05/2014 |
| Jan Larsen | Deputy board member | 29/05/2012 | 13/05/2016 |
| Steen Hagedorn Rasmussen | Board member | 25/09/2012 | 25/05/2020 |
| Jan Klarskov Henriksen | Chair of the board | 25/09/2012 | 19/12/2013 |
| Allan Christiansen | Board member | 25/09/2012 | 31/01/2021 |
| Allan Christiansen | CEO | 25/09/2012 | 31/01/2021 |
| Erik Flemming Nielsen | Chair of the board | 19/12/2013 | 25/05/2020 |
| Morten Leth | Board member | 19/12/2013 | 23/05/2023 |
| Torben Gjerlev Pedersen | Board member | 23/05/2014 | 25/05/2020 |
| Jan Emil Hertz | Board member | 02/02/2015 | 25/05/2020 |
| Allan Vind Christensen | Board member | 04/04/2016 | 25/05/2020 |
| Jason Funderskov Gould | Deputy board member | 13/05/2016 | 31/05/2021 |
| Karsten Arnesen Monsrud | Deputy board member | 13/05/2016 | 30/04/2017 |
| Hans Kurt Hildén | Deputy board member | 13/05/2016 | 25/05/2020 |
| Karsten Arnesen Monsrud | Board member | 01/05/2017 | 25/05/2020 |
| Thomas Rubæk | Board member | 25/05/2020 | 27/05/2024 |
| Thomas Mikael Isaksson | Chair of the board | 25/05/2020 | 24/05/2023 |
| Morten Leth | Chair of the board | 24/05/2023 | 28/05/2026 |
| Johnny Christensen | Deputy board member | 27/05/2024 | 19/02/2025 |
| Henrik Kirkensgaard Nielsen | Deputy board member | 27/05/2024 | 25/04/2025 |
| Torben Gjerlev Pedersen | Deputy board member | 19/02/2025 | 10/12/2025 |
| Steen Lauritsen | Deputy board member | 25/04/2025 | 29/03/2026 |
Signing rule: Selskabet tegnes af bestyrelsens formand i forening med enten et medlem af bestyrelsen eller en direktør, eller af et medlem af bestyrelsen i forening med den administrerende direktør, eller af fire medlemmer af bestyrelsen i forening.
Address and production units
4 active production unitsHammerholmen 21A
2650 Hvidovre
| Production unit | Address | Employees | P number |
|---|---|---|---|
| LANTMÄNNEN SCHULSTAD A/S | Hammerholmen 21A, 2650 Hvidovre | 366 | 1002888981 |
| LANTMÄNNEN SCHULSTAD A/S | Stiftsvej 10, 7100 Vejle | 218 | 1002888993 |
| LANTMÄNNEN SCHULSTAD A/S | Klokkestøbervej 12, 9490 Pandrup | 117 | 1001707551 |
| Lantmännen Schulstad A/S | Oensvej 28-32, 8700 Horsens | 4 | 1021736429 |
Purpose
Selskabets formål er at drive virksomhed med fabrikation, handel og transport samt at eje kapitalandele i selskaber, der driver sådan virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
137 registered events20264 changesaccounts 1 · management 3
- AccountsAnnual report for 2025 published
- ManagementSimon Kissling Husted appointed chair of the board
- ManagementMorten Leth stepped down as chair of the board
- ManagementSteen Lauritsen stepped down as deputy board member
20257 changesmanagement 5 · accounts 1 · industry 1
- ManagementTorben Gjerlev Pedersen stepped down as deputy board member
- AccountsAnnual report for 2024 published
- ManagementSteen Lauritsen appointed deputy board member
- ManagementHenrik Kirkensgaard Nielsen stepped down as deputy board member
- ManagementTorben Gjerlev Pedersen appointed deputy board member
- ManagementJohnny Christensen stepped down as deputy board member
- IndustryIndustry changed to Industrial manufacture of bread and fresh pastry goods (107110)
20245 changesaccounts 1 · management 4
- AccountsAnnual report for 2023 published
- ManagementHenrik Kirkensgaard Nielsen appointed deputy board member
- ManagementJohnny Christensen appointed deputy board member
- ManagementMartine Midjord Petersen appointed board member
- ManagementThomas Rubæk stepped down as board member
20234 changesaccounts 1 · management 3
- AccountsAnnual report for 2022 published
- ManagementMorten Leth appointed chair of the board
- ManagementThomas Mikael Isaksson stepped down as chair of the board
- ManagementMorten Leth stepped down as board member
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20216 changesmanagement 5 · accounts 1
- ManagementJason Funderskov Gould stepped down as deputy board member
- AccountsAnnual report for 2020 published
- ManagementPernille Heine Bang-Löwgren appointed ceo
- ManagementPernille Heine Bang-Löwgren appointed board member
- ManagementAllan Christiansen stepped down as ceo
- ManagementAllan Christiansen stepped down as board member
202011 changesmanagement 11
- ManagementThomas Rubæk appointed board member
- ManagementThomas Jacobsen appointed board member
- ManagementSonja Ilse Bentzen appointed board member
- ManagementThomas Mikael Isaksson appointed chair of the board
- ManagementKarsten Arnesen Monsrud stepped down as board member
- ManagementHans Kurt Hildén stepped down as deputy board member
- ManagementAllan Vind Christensen stepped down as board member
- ManagementJan Emil Hertz stepped down as board member
- ManagementTorben Gjerlev Pedersen stepped down as board member
- ManagementErik Flemming Nielsen stepped down as chair of the board
- ManagementSteen Hagedorn Rasmussen stepped down as board member
20191 changeaddress 1
- AddressMoved to Hammerholmen 21A, 2650 Hvidovre
20181 changeaddress 1
- AddressMoved to Hammerholmen 21-35, 2650 Hvidovre
20175 changesownership 2 · management 3
- OwnershipLantmännen Unibake Holding AB registered as owner (100%)
- OwnershipLantmännen EK För is no longer registered as owner
- ManagementKarsten Arnesen Monsrud appointed board member
- ManagementKarsten Arnesen Monsrud stepped down as deputy board member
- ManagementKim Blicher Hansen stepped down as board member
20167 changesmanagement 7
- ManagementKarsten Arnesen Monsrud appointed deputy board member
- ManagementHans Kurt Hildén appointed deputy board member
- ManagementJason Funderskov Gould appointed deputy board member
- ManagementNiels Anton Sloth Madsen stepped down as deputy board member
- ManagementJan Larsen stepped down as deputy board member
- ManagementAllan Vind Christensen appointed board member
- ManagementHenrik Hansen stepped down as board member
20151 changemanagement 1
- ManagementJan Emil Hertz appointed board member
20142 changesmanagement 2
- ManagementTorben Gjerlev Pedersen appointed board member
- ManagementJens Erik Christensen stepped down as board member
20135 changesmanagement 4 · ownership 1
- ManagementMorten Leth appointed board member
- ManagementErik Flemming Nielsen appointed chair of the board
- ManagementJan Klarskov Henriksen stepped down as chair of the board
- ManagementStine Aare Jensen stepped down as board member
- OwnershipLantmännen EK För registered as owner (100%)
201218 changesmanagement 18
- ManagementSteen Hagedorn Rasmussen appointed board member
- ManagementAllan Christiansen appointed ceo
- ManagementAllan Christiansen appointed board member
- ManagementJan Klarskov Henriksen appointed chair of the board
- ManagementJan Klarskov Henriksen stepped down as ceo
- ManagementKarl Lars Olov Gustafsson stepped down as board member
- ManagementNiels Anton Sloth Madsen appointed deputy board member
- ManagementJan Larsen appointed deputy board member
- ManagementJens Erik Christensen appointed board member
- ManagementHenrik Hansen appointed board member
- ManagementHelle Mai-Britt Gajhede stepped down as deputy board member
- ManagementBrian Guldbrandt stepped down as board member
- ManagementTrine Christensen stepped down as board member
- ManagementJan Klarskov Henriksen appointed ceo
- ManagementCarsten Lyngsø Thomsen stepped down as ceo
- ManagementCarsten Lyngsø Thomsen stepped down as board member
- ManagementAnne Zoëga Tomazos stepped down as board member
- ManagementBent Erik Pultz Larsen stepped down as chair of the board
20111 changemanagement 1
- ManagementKarl Lars Olov Gustafsson appointed board member
20097 changesmanagement 7
- ManagementStine Aare Jensen appointed board member
- ManagementPeter Elkjær-Larsen stepped down as board member
- ManagementCarsten Lyngsø Thomsen appointed ceo
- ManagementBrian Guldbrandt appointed board member
- ManagementCarsten Lyngsø Thomsen appointed board member
- ManagementSøren Landtved stepped down as ceo
- ManagementSøren Landtved stepped down as board member
20089 changesmanagement 8 · industry 1
- ManagementHelle Mai-Britt Gajhede appointed deputy board member
- ManagementAnne Zoëga Tomazos appointed board member
- ManagementKim Blicher Hansen appointed board member
- ManagementSøren Landtved appointed ceo
- ManagementSøren Landtved appointed board member
- ManagementMorten Hellesen stepped down as board member
- ManagementMorten Hellesen stepped down as ceo
- IndustryIndustry changed to Industrial manufacture of bread and fresh pastry goods (107110)
- ManagementGunnar Blond Erbs stepped down as board member
20072 changesmanagement 2
- ManagementHarald Fabricius stepped down as board member
- ManagementTrine Christensen appointed board member
200612 changesmanagement 10 · name 1 · address 1
- ManagementOle Pilekær Hansen stepped down as deputy board member
- ManagementPeter Elkjær-Larsen appointed board member
- ManagementBent Erik Pultz Larsen appointed chair of the board
- ManagementRickard Lundström stepped down as board member
- ManagementHåkan Lundstedt stepped down as chair of the board
- ManagementMorten Hellesen appointed board member
- ManagementJan Carreman stepped down as board member
- ManagementInge Marie Pedersen stepped down as board member
- NameName changed from SCHULSTAD BRØD A/S to LANTMÄNNEN SCHULSTAD A/S
- AddressMoved to Hammerholmen 21-35, 2650 Hvidovre
- ManagementRickard Lundström appointed board member
- ManagementJonas Kaveryd stepped down as board member
20057 changescapital 1 · management 6
- CapitalShare capital changed from 50,000,000 DKK to 50,150,000 DKK
- ManagementGunnar Blond Erbs appointed board member
- ManagementTorben Jakobsen stepped down as board member
- ManagementMorten Hellesen appointed ceo
- ManagementJonas Kaveryd appointed board member
- ManagementJan Carreman appointed board member
- ManagementHåkan Ahlqvist stepped down as board member
20045 changesmanagement 5
- ManagementHåkan Lundstedt appointed chair of the board
- ManagementPer-Olov Nils Kullberg stepped down as chair of the board
- ManagementHarald Fabricius appointed board member
- ManagementInge Marie Pedersen appointed board member
- ManagementOle Pilekær Hansen appointed deputy board member
20033 changesmanagement 3
- ManagementAlan Thomsen stepped down as director
- ManagementPer-Olov Nils Kullberg appointed chair of the board
- ManagementHåkan Ahlqvist appointed board member
20015 changesmanagement 3 · capital 1 · merger 1
- ManagementKarsten Dennis Hansen stepped down as director
- CapitalShare capital changed from 30,000,000 DKK to 50,000,000 DKK
- MergerMerger registered in CVR
- ManagementKarsten Dennis Hansen appointed director
- ManagementKarsten Egelund stepped down as ceo
20001 changemanagement 1
- ManagementAlan Thomsen appointed director
19992 changesmanagement 2
- ManagementKarsten Egelund appointed ceo
- ManagementTorben Jakobsen appointed board member
19982 changescapital 1 · merger 1
- CapitalShare capital changed from 28,000,000 DKK to 30,000,000 DKK
- MergerMerger registered in CVR
19932 changesname 1 · merger 1
- NameName changed from SCHULSTAD BRØD GLOSTRUP A/S to SCHULSTAD BRØD A/S
- MergerMerger registered in CVR
19171 changefounded 1
- FoundedRegistered as SCHULSTAD BRØD GLOSTRUP A/S
Related companies
Same people in management
- LEGO System A/Svia Trine Christensen
- Royal Unibrew A/Svia Bent Bryde Nielsen
- Danpo A/Svia Jan Klarskov Henriksen
- Pandora A/Svia Anders Colding Friis
- Dagrofa Foodservice A/Svia Anders Colding Friis
- ROSE Poultry A/Svia Jan Klarskov Henriksen
Largest in the industry
- Dan Cake A/SDKK 530.7m
- Kohberg Bakery Group A/SDKK 288.8m
- Mette Munk A/SDKK 74.6m
- Jensen Brød ApSDKK 58.7m
- Leighton Foods A/SDKK 44.9m
- Nordens Brød ApSDKK 27.7m
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.