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Millarco International A/S

Public limited companyCVR 10280087LystrupActive

Millarco International A/S is a public limited company, based in Lystrup, active in non-specialised wholesale trade, founded in 1986. Net profit rose 140% from 2024 to 2025, ending at DKK 16.8m. Profit has grown three years in a row. With 83 employees, the company is about 21 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 71.3m+26.2% vs. 2024
Net profitDKK 16.8m+140% vs. 2024
EquityDKK 70.2m+13.5% vs. 2024
Employees83latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 26% (2024 → 2025), to DKK 71.3m.
  • Net profit rose 140% (2024 → 2025), to DKK 16.8m.
  • Equity rose 14% (2024 → 2025), to DKK 70.2m.

Employees

  • 19 fewer employees than a year earlier: 83 (08/2026) against 102 (08/2025).

Management and owners, last 24 months

  • New owners registered: Millarco Holding A/S (09/05/2025), Ace-holding ApS (09/05/2025) and JANKRI Holding ApS (09/05/2025) (+1).
  • No longer registered as owner: Ace-holding ApS (08/05/2025), LBJK Holding ApS (09/05/2025) and Millarco Holding A/S (08/05/2025).

Registrations, last 24 months

  • 01/09/2025: Industry changed to Non-specialised wholesale trade (469000)
  • 09/05/2025: Merger registered in CVR

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

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60mDKK 70m202020212022202320242025
EquityNet profit
Financial figures for Millarco International A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit34,57249,21844,54049,66656,46571,277+26.2%
Operating profit (EBIT)7,78819,4449,14012,07814,17321,199+49.6%
Profit before tax9,93326,63510,3678,4099,79221,540+120%
Net profit8,24722,1968,5406,3686,98016,755+140%
Total assets116,142204,848252,704212,179196,296223,737+14%
Equity36,10056,08355,59756,49861,84370,210+13.5%
Liabilities79,277146,760195,184154,454130,497151,824+16.3%
Cash and cash equivalents3332026281,1854,4862,463−45.1%
Average number of employees535664657792+19.5%

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 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

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60mDKK 70m202020212022202320242025
Gross profitMedian, the industry (348 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 Millarco International A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202523/02/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202410/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202316/02/2024The companyPDFXBRL
202201/01/2022 – 31/12/202216/02/2023The companyPDFXBRL
202101/01/2021 – 31/12/202121/03/2022The companyPDFXBRL
202001/01/2020 – 31/12/202016/02/2021The 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
02040608010012009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

348 companies in the database

Comparison with the other companies in non-specialised wholesale trade based on the latest financial year.

Gross profitDKK 71.3mNo. 11 of 348
Better than 97% of the companies in the industry
EquityDKK 70.2mNo. 10 of 348
Better than 97% of the companies in the industry
Number of employees83No. 5 of 348
Better than 99% of the companies in the industry

Industry median: gross profit DKK 3.2m, net profit DKK 391k, equity DKK 2.6m, 4 employees.

DKK 100kDKK 1.3mDKK 15.7mDKK 197.6mDKK 1.1bnHere
Distribution of gross profit for 323 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 50–199 employees4,467 companies in the comparison
No. 1,133of 4,412
Better than 74%
No. 916of 4,466
Better than 80%
Same industry and 50–199 employees16 companies in the comparison
No. 9of 16
Better than 47%
No. 4of 16
Better than 80%
Companies that are at least 30 years old10,276 companies in the comparison
No. 1,120of 10,152
Better than 89%
No. 1,609of 10,275
Better than 84%
All companies of type A/S18,025 companies in the comparison
No. 2,129of 17,786
Better than 88%
No. 2,872of 18,024
Better than 84%

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

Non-specialised wholesale trade
Gross profit
  1. Millarco International A/SDKK 71.3m
  2. Solar A/SDKK 2.5bn
  3. Wrist Ship Supply A/SDKK 1.6bn
Net profit
  1. Millarco International A/SDKK 16.8m
  2. Solar A/SDKK 74m
  3. Wrist Ship Supply A/S−DKK 181.6m
Equity
  1. Millarco International A/SDKK 70.2m
  2. Solar A/SDKK 2bn
  3. Wrist Ship Supply A/SDKK 634m
Employees
  1. Millarco International A/S83
  2. Solar A/S856
  3. Wrist Ship Supply A/S253

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
  • Millarco Holding A/S66.67%
  • Ace-holding ApS10%
  • JANKRI Holding ApS5%
  • Nordic Piece ApS5%
Millarco International A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

8 active registrations

Executive management

Executive management at Millarco International A/S
NameRoleAppointed
Lars Christian BærentsenDirector10/05/1986

Board of directors

Board of directors at Millarco International A/S
NameRoleAppointed
Lars Christian BærentsenBoard member10/05/1986
Flemming Holst Østergaard PedersenChair of the board21/03/2013
Jan Godballe BørjessonBoard member06/02/2014
Allan Malmos JeppesenBoard member06/02/2014
Carsten EbdrupBoard member05/02/2015
Jan Ravn KristoffersenBoard member13/03/2018
Allan Richard BoutrupBoard member03/03/2022
Founders
A/S Pse Nr. 1285
Former management (11)
Former management at Millarco International A/S
NameRoleAppointedResigned
Jens Michael Sangill MikkelsenBoard member10/05/198607/06/1995
Jens Michael Sangill MikkelsenDirector10/05/198607/06/1995
Berent Christian BærentsenBoard member10/05/198612/03/2009
Berent Christian BærentsenDirector10/05/198613/07/1993
Elsa Udengaard BærentsenBoard member10/05/198625/10/1996
Jette Romby MikkelsenBoard member10/05/198607/06/1995
Ulla BærentsenBoard member10/05/198607/06/1995
Lars KjærBoard member25/10/199622/03/2011
Kjeld Ove JohnsenBoard member28/02/200712/03/2009
Carl Erik SkovgaardBoard member12/03/200906/02/2014
Peter BøgildBoard member21/03/201306/02/2014

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

Address and production units

1 active production units

Rokhøj 26
8520 Lystrup

Aarhus Municipality · Postcode 8520

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
MILLARCO INTERNATIONAL A/S POSTBOKS 26Rokhøj 26, 8520 Lystrup831000048800

Purpose

Selskabets formål er at drive handel med værktøj og beslag og andet dermed i forbindelse stående virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

61 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
202510 changesindustry 1 · ownership 7 · merger 1 · accounts 1
  • Industry changed to Non-specialised wholesale trade (469000)
  • JANKRI Holding ApS registered as owner (5%)
  • MILLARCO HOLDING A/S registered as owner (66.67%)
  • ACE-HOLDING ApS registered as owner (10%)
  • Nordic Piece ApS registered as owner (5%)
  • LBJK Holding ApS is no longer registered as owner
  • Merger registered in CVR
  • MILLARCO HOLDING A/S is no longer registered as owner
  • ACE-HOLDING ApS is no longer registered as owner
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20222 changesaccounts 1 · management 1
  • Annual report for 2021 published
  • Allan Richard Boutrup appointed board member
20211 changeaccounts 1
  • Annual report for 2020 published
20186 changesmanagement 1 · ownership 5
  • Jan Ravn Kristoffersen appointed board member
  • LBJK Holding ApS registered as owner (50%)
  • MILLARCO HOLDING A/S registered as owner (33.33%)
  • JANKRI Holding ApS registered as owner (5%)
  • JANKRI Holding ApS is no longer registered as owner
  • MILLARCO HOLDING A/S is no longer registered as owner
20161 changeaddress 1
  • Moved to Rokhøj 26, 8520 Lystrup
20151 changemanagement 1
  • Carsten Ebdrup appointed board member
20146 changesownership 2 · management 4
  • MILLARCO HOLDING A/S registered as owner (90%)
  • ACE-HOLDING ApS registered as owner (5%)
  • Allan Malmos Jeppesen appointed board member
  • Jan Godballe Børjesson appointed board member
  • Peter Bøgild stepped down as board member
  • Carl Erik Skovgaard stepped down as board member
20132 changesmanagement 2
  • Peter Bøgild appointed board member
  • Flemming Holst Østergaard Pedersen appointed chair of the board
20111 changemanagement 1
  • Lars Kjær stepped down as board member
20093 changesmanagement 3
  • Carl Erik Skovgaard appointed board member
  • Kjeld Ove Johnsen stepped down as board member
  • Berent Christian Bærentsen stepped down as board member
20081 changeindustry 1
  • Industry changed to Engroshandel med isenkram, varmeanlæg og tilbehør (467400)
20071 changemanagement 1
  • Kjeld Ove Johnsen appointed board member
20051 changecapital 1
  • Share capital changed from 1,000,000 DKK to 5,000,000 DKK
19992 changesindustry 1 · capital 1
  • Industry changed to Engroshandel med isenkram og varmeanlæg samt tilbehør (515400)
  • Share capital changed from 500,000 DKK to 1,000,000 DKK
19962 changesmanagement 2
  • Lars Kjær appointed board member
  • Elsa Udengaard Bærentsen stepped down as board member
19954 changesmanagement 4
  • Ulla Bærentsen stepped down as board member
  • Jette Romby Mikkelsen stepped down as board member
  • Jens Michael Sangill Mikkelsen stepped down as director
  • Jens Michael Sangill Mikkelsen stepped down as board member
19933 changesname 1 · capital 1 · management 1
  • Name changed from MILLARCO INVEST ApS to MILLARCO INTERNATIONAL A/S
  • Share capital changed from 80,000 DKK to 500,000 DKK
  • Berent Christian Bærentsen stepped down as director
19871 changename 1
  • Name changed from MILACO INVEST ApS to MILLARCO INVEST ApS
198610 changesfounded 1 · management 9
  • Registered as MILACO INVEST ApS
  • Lars Christian Bærentsen appointed board member
  • Lars Christian Bærentsen appointed director
  • Ulla Bærentsen appointed board member
  • Jette Romby Mikkelsen appointed board member
  • Elsa Udengaard Bærentsen appointed board member
  • Berent Christian Bærentsen appointed director
  • Berent Christian Bærentsen appointed board member
  • Jens Michael Sangill Mikkelsen appointed director
  • Jens Michael Sangill Mikkelsen appointed board member

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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.

View in CVRReport a correction