Lars Broe Rustfri Stål A/S

Public limited companyCVR 21719838Odense SØActive

Lars Broe Rustfri Stål A/S is a public limited company, based in Odense SØ, active in manufacture of furniture, founded in 1999. Net profit rose 398% from 2024 to 2025, ending at DKK 3.9m. With 107 employees, the company is about 15 times larger than the industry median. Equity grew to DKK 16.8m in 2025.

PDF report Compare

Key figures · financial year 2025

Gross profitDKK 50.4m+21.5% vs. 2024

Net profitDKK 3.9m+397.9% vs. 2024

EquityDKK 16.8m+23.1% vs. 2024

Employees107latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit rose 21% (2024 → 2025), to DKK 50.4m.
Net profit rose 398% (2024 → 2025), to DKK 3.9m.
Equity rose 23% (2024 → 2025), to DKK 16.8m.

Employees

20 more employees than a year earlier: 107 (08/2026) against 87 (08/2025).

Management and owners, last 24 months

New owners registered: Lars Broe Holding ApS (05/12/2025), Jeppe Broe Holding ApS (05/12/2025) and Anna Broe Holding ApS (05/12/2025).
No longer registered as owner: Lars Broe Holding ApS (04/12/2025).

Registrations, last 24 months

17/02/2025: Merger registered in CVR
01/01/2025: Industry changed to Manufacture of furniture (310000)

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 thousand

Equity and net profit

EquityNet profit

Financial figures for Lars Broe Rustfri Stål A/S
	2020	2021	2022	2023	2024	2025	Change
Revenue	not stated	not stated	not stated	not stated	not stated	not stated	–
Gross profit	30,463	32,956	37,674	39,148	41,532	50,444	+21.5%
Operating profit (EBIT)	2,146	4,603	3,437	2,846	1,358	5,314	+291.3%
Profit before tax	2,124	4,570	3,315	2,537	971	5,015	+416.4%
Net profit	1,651	3,611	2,634	2,011	790	3,934	+397.9%
Total assets	30,021	37,962	35,741	35,797	33,421	39,084	+16.9%
Equity	11,032	13,243	15,476	15,887	13,624	16,768	+23.1%
Liabilities	18,224	23,830	19,324	18,809	18,638	21,050	+12.9%
Cash and cash equivalents	4,739	0	12	2	10	3	−71.3%
Average number of employees	62	59	67	71	75	81	+8%

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

Compare with the industry (295 companies)

Gross profitMedian, the industry (295 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

6 financial years

Annual reports for Lars Broe Rustfri Stål A/S
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	14/04/2026	The company	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	22/04/2025	The company	PDF XBRL
2023	01/01/2023 – 31/12/2023	24/04/2024	The company	PDF XBRL
2022	01/01/2022 – 31/12/2022	12/05/2023	The company	PDF XBRL
2021	01/01/2021 – 31/12/2021	31/05/2022	The company	PDF XBRL
2020	01/01/2020 – 31/12/2020	12/05/2021	The company	PDF XBRL

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

Employees

Position in the industry

295 companies in the database

Comparison with the other companies in manufacture of furniture based on the latest financial year.

Gross profitDKK 50.4mNo. 22 of 294

Better than 93% of the companies in the industry

EquityDKK 16.8mNo. 47 of 295

Better than 84% of the companies in the industry

Number of employees107No. 21 of 295

Better than 93% of the companies in the industry

Industry median: gross profit DKK 3.5m, net profit DKK 196k, equity DKK 2.2m, 7 employees.

Distribution of gross profit for 281 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
Group	Gross profit	Equity
Companies with 50–199 employees4,467 companies in the comparison	No. 1,780of 4,412 Better than 60%	No. 2,383of 4,466 Better than 47%
Same industry and 50–199 employees27 companies in the comparison	No. 15of 26 Better than 44%	No. 24of 27 Better than 12%
Companies that are between 15 and 29 years old24,910 companies in the comparison	No. 1,418of 24,791 Better than 94%	No. 4,940of 24,909 Better than 80%
All companies of type A/S18,025 companies in the comparison	No. 2,897of 17,786 Better than 84%	No. 6,804of 18,024 Better than 62%

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

Manufacture of furniture

Gross profit

Lars Broe Rustfri Stål A/SDKK 50.4m
Nobia Denmark A/SDKK 1.1bn
Dan-foam ApSDKK 894.1m

Net profit

Lars Broe Rustfri Stål A/SDKK 3.9m
Nobia Denmark A/SDKK 296.2m
Dan-foam ApSDKK 623.6m

Equity

Lars Broe Rustfri Stål A/SDKK 16.8m
Nobia Denmark A/SDKK 457.6m
Dan-foam ApSDKK 1.3bn

Employees

Lars Broe Rustfri Stål A/S107
Nobia Denmark A/S1,161
Dan-foam ApS435

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

AJ af 21.12.2018 Holding ApS25%
Lars Broe Holding ApS25%
Jeppe Broe Holding ApS15%
Anna Broe Holding ApS15%

Lars Broe Rustfri Stål A/S

Management

6 active registrations

Executive management

Executive management at Lars Broe Rustfri Stål A/S
Name	Role	Appointed
Lars Broe	Director	11/05/1999

Board of directors

Board of directors at Lars Broe Rustfri Stål A/S
Name	Role	Appointed
Lars Broe	Board member	11/05/1999
Torben Hyldgaard Friis Barrett	Board member	11/05/1999
Marc Roar Hintze	Board member	29/05/2007
Jeppe Broe	Board member	21/04/2020
Jesper Andersen	Chair of the board	09/06/2020

Auditor: EY Godkendt Revisionspartnerselskab
Founders: Lars Broe

Former management (4)

Former management at Lars Broe Rustfri Stål A/S
Name	Role	Appointed	Resigned
Claus Bruun Rasmussen	Board member	11/05/1999	15/05/2006
Henrik Broe	Board member	11/05/1999	17/05/2017
Jan Sylvester Iversen	Board member	10/05/2011	31/05/2015
Flemming Rasmussen	Chair of the board	23/11/2017	27/02/2020

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

Address and production units

1 active production units

Herluf Trolles Vej 20B
5220 Odense SØ

Odense Municipality · Postcode 5220

Production units
Production unit	Address	Industry	Employees	P number
LARS BROE RUSTFRI STÅL A/S	Herluf Trolles Vej 20B, 5220 Odense SØ	Manufacture of furniture	107	1005148211

Purpose

Selskabets formål er produktion og salg med dertil knyttede aktiviteter

The purpose is quoted from the register in Danish.

Changes year by year

34 registered events

12015

02016

22017

42018

02019

32020

12021

12022

12023

12024

72025

12026

20261 changeaccounts 1

14/04AccountsAnnual report for 2025 published

20257 changesownership 4 · accounts 1 · merger 1 · industry 1

05/12OwnershipLARS BROE HOLDING ApS registered as owner (25%)
05/12OwnershipJeppe Broe Holding ApS registered as owner (15%)
05/12OwnershipAnna Broe Holding ApS registered as owner (15%)
04/12OwnershipLARS BROE HOLDING ApS is no longer registered as owner
22/04AccountsAnnual report for 2024 published
17/02MergerMerger registered in CVR
01/01IndustryIndustry changed to Manufacture of furniture (310000)

20241 changeaccounts 1

24/04AccountsAnnual report for 2023 published

20231 changeaccounts 1

12/05AccountsAnnual report for 2022 published

20221 changeaccounts 1

31/05AccountsAnnual report for 2021 published

20211 changeaccounts 1

12/05AccountsAnnual report for 2020 published

20203 changesmanagement 3

09/06ManagementJesper Andersen appointed chair of the board
21/04ManagementJeppe Broe appointed board member
27/02ManagementFlemming Rasmussen stepped down as chair of the board

20184 changesownership 3 · address 1

31/12OwnershipLARS BROE HOLDING ApS registered as owner (66.67%)
31/12OwnershipAJ af 21.12.2018 Holding ApS registered as owner (25%)
30/12OwnershipLARS BROE HOLDING ApS is no longer registered as owner
20/10AddressMoved to Herluf Trolles Vej 20B, 5220 Odense SØ

20172 changesmanagement 2

23/11ManagementFlemming Rasmussen appointed chair of the board
17/05ManagementHenrik Broe stepped down as board member

20151 changemanagement 1

31/05ManagementJan Sylvester Iversen stepped down as board member

20111 changemanagement 1

10/05ManagementJan Sylvester Iversen appointed board member

20081 changeindustry 1

01/01IndustryIndustry changed to Fremstilling af køkkenmøbler (310200)

20071 changemanagement 1

29/05ManagementMarc Roar Hintze appointed board member

20061 changemanagement 1

15/05ManagementClaus Bruun Rasmussen stepped down as board member

20011 changeindustry 1

01/01IndustryIndustry changed to Fremstilling af køkkenelementer og møbler mv. (361300)

20001 changeownership 1

11/05OwnershipLARS BROE HOLDING ApS registered as owner (100%)

19996 changesfounded 1 · management 5

11/05FoundedRegistered as LARS BROE RUSTFRI STÅL A/S
11/05ManagementLars Broe appointed director
11/05ManagementHenrik Broe appointed board member
11/05ManagementLars Broe appointed board member
11/05ManagementClaus Bruun Rasmussen appointed board member
11/05ManagementTorben Hyldgaard Friis Barrett appointed board member

Related companies

Same industry in Odense

Palbo Stål A/S41 employees
Davinde Savværk A/S34 employees
NC Montage og Møbelsnedkeri ApS5 employees
Underflod ApS5 employees
Mindo Group International ApS2 employees
DKU Living ApS2 employees

See all →

Same people in management

Danske Stenhuggerier A/Svia Claus Bruun Rasmussen
CRH Products A/Svia Flemming Rasmussen
Jacobsens Bakery Ltd A/Svia Claus Bruun Rasmussen
Hedema A/Svia Jesper Andersen
Softværket A.M.B.Avia Marc Roar Hintze
Dencam Composite A/Svia Jesper Andersen

Largest in the industry

Nobia Denmark A/SDKK 1.1bn
Dan-foam ApSDKK 894.1m
TCM Operations A/SDKK 268.6m
Tvilum A/S 2018DKK 265.8m
Carl Hansen & Søn Møbelfabrik A/SDKK 190.9m
Kvist Industries A/SDKK 138.1m

See all →

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.

View in CVR Report a correction