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Modern By-products A/S

Public limited companyCVR 21631647SilkeborgActive

Modern By-products A/S is a public limited company, based in Silkeborg, active in non-specialised wholesale of food, beverages and tobacco, founded in 1999. Equity was negative at the end of 2025 (−DKK 2.7m). The company made a loss in both 2024 and 2025, most recently DKK 2.3m. Operations are spread over 4 production units in 4 towns.

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Key figures · financial year 2025

Gross profitDKK 5.4m−33.7% vs. 2024
Net profit−DKK 2.3m−96.5% vs. 2024
Equity−DKK 2.7m−531.3% vs. 2024
Employees12latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 34% (2024 → 2025), to DKK 5.4m.
  • The loss grew: from DKK 1.2m to DKK 2.3m (2024 → 2025).

Management and owners, last 24 months

  • New in management: Carsten Green Jensen (board member, 23/04/2026) and Carsten Green Jensen (ceo, 23/04/2026).
  • Stepped down: Christine Serigstad (ceo, 23/04/2026) and Christine Serigstad (board member, 23/04/2026).

Registrations, last 24 months

  • 02/10/2026: Merger registered in CVR
  • 02/10/2026: Share capital changed from 500,000 DKK to 625,000 DKK

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 3m−DKK 2.5m−DKK 2m−DKK 1.5m−DKK 1m−DKK 500kDKK 0DKK 500kDKK 1m202020212022202320242025
EquityNet profit
Financial figures for Modern By-products A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit5,3434,8856,3889,1258,2035,438−33.7%
Operating profit (EBIT)406−117172214−1,357−2,855−110.5%
Profit before tax366−145171−117−1,480−2,915−97%
Net profit285−114133−92−1,154−2,269−96.5%
Total assets2,6443,7915,8846,0826,5867,732+17.4%
Equity800686819728−427−2,695−531.3%
Liabilities1,8413,1055,0655,3547,01310,421+48.6%
Cash and cash equivalents213162187822950+15.6%
Average number of employees778121412−14.3%

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 2mDKK 4mDKK 6mDKK 8mDKK 10m202020212022202320242025
Gross profitMedian, the industry (156 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Negative equity

    Equity was −DKK 2.7m at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

  • Loss for 3 years in a row

    Net result has been negative in 2023–2025.

    How is this calculated?

    Net result is negative in the two or more 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 Modern By-products A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202522/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202423/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202302/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202211/05/2023The companyPDFXBRL
202101/01/2021 – 31/12/202127/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202031/03/2021The 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
024681012141609/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

156 companies in the database

Comparison with the other companies in non-specialised wholesale of food, beverages and tobacco based on the latest financial year.

Gross profitDKK 5.4mNo. 72 of 154
Better than 54% of the companies in the industry
Equity−DKK 2.7mNo. 154 of 156
Better than 1% of the companies in the industry
Number of employees12No. 47 of 156
Better than 70% of the companies in the industry

Industry median: gross profit DKK 4.9m, net profit DKK 455k, equity DKK 3.8m, 5 employees.

DKK 121kDKK 1.3mDKK 14.6mDKK 159.9mDKK 790.1mHere
Distribution of gross profit for 147 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 fewer than 20 employees69,967 companies in the comparison
No. 12,117of 69,742
Better than 83%
No. 68,606of 69,964
Better than 2%
Same industry and fewer than 20 employees113 companies in the comparison
No. 32of 113
Better than 72%
No. 111of 113
Better than 2%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 9,259of 24,791
Better than 63%
No. 24,513of 24,909
Better than 2%
All companies of type A/S18,025 companies in the comparison
No. 11,611of 17,786
Better than 35%
No. 17,565of 18,024
Better than 3%

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 of food, beverages and tobacco
Gross profit
  1. Modern By-products A/SDKK 5.4m
  2. Rema 1000 Danmark A/SDKK 1.8bn
  3. Hørkram Foodservice A/SDKK 927.1m
Net profit
  1. Modern By-products A/S−DKK 2.3m
  2. Rema 1000 Danmark A/SDKK 533.2m
  3. Hørkram Foodservice A/SDKK 120.6m
Equity
  1. Modern By-products A/S−DKK 2.7m
  2. Rema 1000 Danmark A/SDKK 2.8bn
  3. Hørkram Foodservice A/SDKK 1.5bn
Employees
  1. Modern By-products A/S12
  2. Rema 1000 Danmark A/S187
  3. Hørkram Foodservice A/S1,299

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
  • MBP Group Holding Ltd.100%
Modern By-products A/S

Management

4 active registrations

Executive management

Executive management at Modern By-products A/S
NameRoleAppointed
Carsten Green JensenCEO23/04/2026

Board of directors

Board of directors at Modern By-products A/S
NameRoleAppointed
Jens Søgaard JacobsenBoard member31/12/2003
Helen SainsburyChair of the board05/07/2024
Carsten Green JensenBoard member23/04/2026
Founders
Fayrefield Foods A/S
Former management (13)
Former management at Modern By-products A/S
NameRoleAppointedResigned
Peter NielsenBoard member13/04/199924/05/2011
Peter NielsenDirector13/04/199908/03/2000
Susanne Hougaard SteffensenBoard member13/04/199916/05/2000
Timothy James RidyardBoard member13/04/199916/05/2000
David MagnussenDirector08/03/200031/12/2003
Jens Søgaard JacobsenDirector31/12/200301/10/2018
Sondre HøidalenChair of the board31/12/200324/05/2011
David MagnussenChair of the board24/03/201110/06/2024
Erlend WaadeBoard member24/05/201101/04/2012
Rolf Michael LanneBoard member01/07/201203/08/2023
Rolf Michael LanneCEO01/10/201803/08/2023
Christine SerigstadCEO03/08/202323/04/2026
Christine SerigstadBoard member05/07/202423/04/2026

Signing rule: Selskabet tegnes af en direktør alene eller af 2 medlemmer af bestyrelsen i forening.

Address and production units

4 active production units

Vejlsøvej 51
8600 Silkeborg

Silkeborg Municipality · Postcode 8600

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
MODERN BY-PRODUCTS A/SVejlsøvej 51, 8600 Silkeborg101005077867
MBP GroupKattegatkajen 15, 8500 Grenaa21024034360
MODERN BY-PRODUCTS A/SStiftsvej 11, 7100 Vejle–1031192540
Modern By-Products A/SHvissingevej 118, 2600 Glostrup–1031103351

Purpose

Selskabets formål er at udøve handelsvirksomheden med varer og tjenesteydelser indenfor foder-, affalds- og fødevareindustrien.

The purpose is quoted from the register in Danish.

Changes year by year

50 registered events
20267 changescapital 1 · merger 1 · accounts 1 · management 4
  • Share capital changed from 500,000 DKK to 625,000 DKK
  • Merger registered in CVR
  • Annual report for 2025 published
  • Carsten Green Jensen appointed board member
  • Carsten Green Jensen appointed ceo
  • Christine Serigstad stepped down as board member
  • Christine Serigstad stepped down as ceo
20251 changeaccounts 1
  • Annual report for 2024 published
20244 changesmanagement 3 · accounts 1
  • Helen Sainsbury appointed chair of the board
  • Christine Serigstad appointed board member
  • Annual report for 2023 published
  • David Magnussen stepped down as chair of the board
20235 changesmanagement 3 · accounts 1 · address 1
  • Christine Serigstad appointed ceo
  • Rolf Michael Lanne stepped down as ceo
  • Rolf Michael Lanne stepped down as board member
  • Annual report for 2022 published
  • Moved to Vejlsøvej 51, 8600 Silkeborg
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20182 changesmanagement 2
  • Rolf Michael Lanne appointed ceo
  • Jens Søgaard Jacobsen stepped down as director
20142 changesaddress 1 · ownership 1
  • Moved to Vejlsøvej 51, 8600 Silkeborg
  • MBP Group Holding Ltd. registered as owner (100%)
20132 changesaddress 2
  • Moved to Torvet 7L, 3400 Hillerød
  • Moved to Torvet 7, tv, 3400 Hillerød
20122 changesmanagement 2
  • Rolf Michael Lanne appointed board member
  • Erlend Waade stepped down as board member
20114 changesmanagement 4
  • Erlend Waade appointed board member
  • Sondre Høidalen stepped down as chair of the board
  • Peter Nielsen stepped down as board member
  • David Magnussen appointed chair of the board
20071 changeaddress 1
  • Moved to Toftebakken 15, 3460 Birkerød
20061 changeaddress 1
  • Moved to Toftebakken 15, 3460 Birkerød
20034 changesmanagement 4
  • Jens Søgaard Jacobsen appointed board member
  • Sondre Høidalen appointed chair of the board
  • Jens Søgaard Jacobsen appointed director
  • David Magnussen stepped down as director
20021 changeaddress 1
  • Moved to Toftebakken 17, 3460 Birkerød
20007 changesname 1 · address 1 · capital 1 · management 4
  • Name changed from MODERN BY-PRODUCTS ApS to MODERN BY-PRODUCTS A/S
  • Moved to Toftebakken 15, 3460 Birkerød
  • Share capital changed from 125,000 DKK to 500,000 DKK
  • Timothy James Ridyard stepped down as board member
  • Susanne Hougaard Steffensen stepped down as board member
  • David Magnussen appointed director
  • Peter Nielsen stepped down as director
19995 changesfounded 1 · management 4
  • Registered as MODERN BY-PRODUCTS ApS
  • Peter Nielsen appointed director
  • Timothy James Ridyard appointed board member
  • Susanne Hougaard Steffensen appointed board member
  • Peter Nielsen appointed board member

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Same people in management

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