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Musholm A/S

Public limited companyCVR 17895907GørlevActive

Musholm A/S is a public limited company, based in Gørlev, active in processing and preserving of fish, crustaceans and molluscs, except fishmeal, founded in 1984. Net profit fell 45% from 2025 to 2026, ending at DKK 9.2m. Measured by gross profit, it ranks no. 5 of 52 companies in the industry in the database. Operations are spread over 3 production units in 3 towns.

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Key figures · financial year 2026

Gross profitDKK 91.3m+1.8% vs. 2025
Net profitDKK 9.2m−45% vs. 2025
EquityDKK 234.1m+4.1% vs. 2025
Employees41latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2026 against 2025

  • Gross profit rose 2% (2025 → 2026), to DKK 91.3m.
  • Net profit fell 45% (2025 → 2026), to DKK 9.2m.
  • Equity rose 4% (2025 → 2026), to DKK 234.1m.

Employees

  • 8 fewer employees than a year earlier: 41 (08/2026) against 49 (08/2025).

Management and owners, last 24 months

  • New in management: Thorbjørn Harkamp (director, 07/08/2026).
  • Stepped down: Niels Ebbe Dalsgaard (board member, 14/08/2026) and Niels Ebbe Dalsgaard (ceo, 14/08/2026).

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 2021–2026 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 50mDKK 100mDKK 150mDKK 200mDKK 250m202120222023202420252026
EquityNet profit
Financial figures for Musholm A/S
202120222023202420252026Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit65,95383,61383,90579,07689,67791,335+1.8%
Operating profit (EBIT)19,06837,08831,768––––
Profit before tax17,33635,60529,72818,18821,48611,326−47.3%
Net profit13,45327,81023,16714,14316,7169,191−45%
Total assets195,674237,285268,634327,105322,493366,694+13.7%
Equity143,079170,890194,057208,200224,916234,108+4.1%
Liabilities45,65858,41366,283111,26588,703121,873+37.4%
Cash and cash equivalents3,3632319771,9811,211−38.9%
Average number of employees535159626575+15.4%

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, 2026: 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 20mDKK 40mDKK 60mDKK 80mDKK 100m202120222023202420252026
Gross profitMedian, the industry (52 companies)

Signals from the financial statements

calculated from the 2026 figures

  • Profit for five years in a row

    Net result has been positive in 2022–2026.

    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 Musholm A/S
Financial yearPeriodPublishedFigures forDocuments
202601/04/2025 – 31/03/202610/07/2026The companyPDF not statedXBRL
202501/04/2024 – 31/03/202516/07/2025The companyPDF not statedXBRL
202401/04/2023 – 31/03/202404/07/2024The companyPDFXBRL
202301/04/2022 – 31/03/202310/07/2023The groupPDFXBRL
202201/04/2021 – 31/03/202211/07/2022The groupPDFXBRL
202101/04/2020 – 31/03/202114/07/2021The groupPDFXBRL

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
02040608010012014009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

52 companies in the database

Comparison with the other companies in processing and preserving of fish, crustaceans and molluscs, except fishmeal based on the latest financial year.

Gross profitDKK 91.3mNo. 5 of 52
Better than 92% of the companies in the industry
EquityDKK 234.1mNo. 3 of 52
Better than 96% of the companies in the industry
Number of employees41No. 11 of 52
Better than 80% of the companies in the industry

Industry median: gross profit DKK 12.2m, net profit DKK 541k, equity DKK 11.7m, 20 employees.

DKK 242kDKK 1.2mDKK 6.4mDKK 33.2mDKK 99.3mHere
Distribution of gross profit for 52 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. 152of 9,892
Better than 98%
No. 176of 9,922
Better than 98%
Same industry and 20–49 employees16 companies in the comparison
No. 1of 16
Better than 100%
No. 1of 16
Better than 100%
Companies that are at least 30 years old10,276 companies in the comparison
No. 916of 10,152
Better than 91%
No. 689of 10,275
Better than 93%
All companies of type A/S18,025 companies in the comparison
No. 1,709of 17,786
Better than 90%
No. 1,275of 18,024
Better than 93%

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

Processing and preserving of fish, crustaceans and molluscs, except fishmeal
Gross profit
  1. Musholm A/SDKK 91.3m
  2. Scandic Pelagic A/SDKK 171.6m
  3. Aktieselskabet Sæby Fiske-industriDKK 146.1m
Net profit
  1. Musholm A/SDKK 9.2m
  2. Scandic Pelagic A/SDKK 16.9m
  3. Aktieselskabet Sæby Fiske-industriDKK 21.6m
Equity
  1. Musholm A/SDKK 234.1m
  2. Scandic Pelagic A/SDKK 270.7m
  3. Aktieselskabet Sæby Fiske-industriDKK 294.6m
Employees
  1. Musholm A/S41
  2. Scandic Pelagic A/S228
  3. Aktieselskabet Sæby Fiske-industri191

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
  • Okamura Foods Co. Ltd.100%
Musholm A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

4 active registrations

Executive management

Executive management at Musholm A/S
NameRoleAppointed
Thorbjørn HarkampDirector07/08/2026

Board of directors

Board of directors at Musholm A/S
NameRoleAppointed
Michael Egede BudtzChair of the board18/12/2006
Katja Nowak NielsenBoard member28/08/2019
Kota TaniguchiBoard member01/01/2024
Former management (20)
Former management at Musholm A/S
NameRoleAppointedResigned
Ib YdeChair of the board12/07/198411/12/1991
Ole ThomsenChair of the board12/07/198409/07/1987
Tage HammerBoard member12/07/198414/08/1989
Jens Erik HøstBoard member12/07/198431/05/1994
Jørgen Anders HoumannDeputy board member12/07/198431/05/1994
Casper MoltkeBoard member12/07/198409/12/1994
Preben Kurt NielsenBoard member12/07/198406/10/2012
Kurt Malmbak KjeldsenBoard member12/07/198404/10/2005
Kurt Malmbak KjeldsenDirector12/07/198402/01/2006
Niels Ebbe DalsgaardBoard member12/07/198414/08/2026
Benny Otto MøllerDeputy board member12/07/198409/07/1987
Lone HansenDeputy board member12/07/198403/03/1992
Henrik FlensborgBoard member12/07/198403/03/1992
Keld Søren BjergegaardBoard member09/12/199401/04/1997
Peter PreisBoard member09/12/199418/12/2006
Anders Østergaard PedersenBoard member27/03/200329/02/2008
Koichi OkamuraBoard member04/10/200524/08/2020
Niels Ebbe DalsgaardCEO02/01/200614/08/2026
Jacob Stenholm JensenBoard member22/08/201328/08/2019
Yoichiro TakagiBoard member24/08/202031/12/2023

Signing rule: Selskabet tegnes af bestyrelsens formand i forening med en direktør eller af den samlede bestyrelse.

Address and production units

3 active production units

Strandvejen 101
4281 Gørlev

Kalundborg Municipality · Postcode 4281

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
MUSHOLM A/SStrandvejen 101, Reersø, 4281 Gørlev281002452050
Musholm FrysReskavej 15, 4220 Korsør41017105147
Karrebaek HavbrugAlleen 42, 4736 Karrebæksminde21018531573

Purpose

Selskabets formål er at drive virksomhed med fiskeopdræt og handel med fiskeprodukter, samt al virksomhed som efter bestyrelsens skøn er beslægtet hermed.

The purpose is quoted from the register in Danish.

Changes year by year

63 registered events
20264 changesmanagement 3 · accounts 1
  • Niels Ebbe Dalsgaard stepped down as ceo
  • Niels Ebbe Dalsgaard stepped down as board member
  • Thorbjørn Harkamp appointed director
  • Annual report for 2026 published
20251 changeaccounts 1
  • Annual report for 2025 published
20242 changesaccounts 1 · management 1
  • Annual report for 2024 published
  • Kota Taniguchi appointed board member
20232 changesmanagement 1 · accounts 1
  • Yoichiro Takagi stepped down as board member
  • Annual report for 2023 published
20221 changeaccounts 1
  • Annual report for 2022 published
20211 changeaccounts 1
  • Annual report for 2021 published
20202 changesmanagement 2
  • Yoichiro Takagi appointed board member
  • Koichi Okamura stepped down as board member
20195 changesmanagement 2 · ownership 3
  • Katja Nowak Nielsen appointed board member
  • Jacob Stenholm Jensen stepped down as board member
  • Okamura Foods Co. Ltd. registered as owner (100%)
  • STEELHEAD ApS is no longer registered as owner
  • Okamura Foods Co. Ltd. is no longer registered as owner
20131 changemanagement 1
  • Jacob Stenholm Jensen appointed board member
20121 changemanagement 1
  • Preben Kurt Nielsen stepped down as board member
20091 changename 1
  • Name changed from MUSHOLM LAX A/S to MUSHOLM A/S
20083 changesmanagement 1 · ownership 1 · industry 1
  • Anders Østergaard Pedersen stepped down as board member
  • Okamura Foods Co. Ltd. registered as owner (66.67%)
  • Industry changed to Processing and preserving of fish, crustaceans and molluscs, except fishmeal (102020)
20071 changeaddress 1
  • Moved to Strandvejen 101, Reersø, 4281 Gørlev
20065 changesmanagement 4 · ownership 1
  • Michael Egede Budtz appointed chair of the board
  • Peter Preis stepped down as board member
  • Niels Ebbe Dalsgaard appointed ceo
  • Kurt Malmbak Kjeldsen stepped down as director
  • STEELHEAD ApS registered as owner (10%)
20054 changescapital 1 · industry 1 · management 2
  • Share capital changed from 588,000 DKK to 714,000 DKK
  • Industry changed to Fiskehermetik-, fiskefars- og fiskefiletfabrikker (152010)
  • Koichi Okamura appointed board member
  • Kurt Malmbak Kjeldsen stepped down as board member
20032 changescapital 1 · management 1
  • Share capital changed from 500,000 DKK to 588,000 DKK
  • Anders Østergaard Pedersen appointed board member
19971 changemanagement 1
  • Keld Søren Bjergegaard stepped down as board member
19946 changesmanagement 5 · capital 1
  • Keld Søren Bjergegaard appointed board member
  • Peter Preis appointed board member
  • Casper Moltke stepped down as board member
  • Share capital changed from 300,000 DKK to 500,000 DKK
  • Jens Erik Høst stepped down as board member
  • Jørgen Anders Houmann stepped down as deputy board member
19922 changesmanagement 2
  • Lone Hansen stepped down as deputy board member
  • Henrik Flensborg stepped down as board member
19911 changemanagement 1
  • Ib Yde stepped down as chair of the board
19891 changemanagement 1
  • Tage Hammer stepped down as board member
19872 changesmanagement 2
  • Ole Thomsen stepped down as chair of the board
  • Benny Otto Møller stepped down as deputy board member
198414 changesfounded 1 · management 13
  • Registered as MUSHOLM LAX A/S
  • Lone Hansen appointed deputy board member
  • Ib Yde appointed chair of the board
  • Henrik Flensborg appointed board member
  • Ole Thomsen appointed chair of the board
  • Tage Hammer appointed board member
  • Jens Erik Høst appointed board member
  • Jørgen Anders Houmann appointed deputy board member
  • Casper Moltke appointed board member
  • Preben Kurt Nielsen appointed board member
  • Kurt Malmbak Kjeldsen appointed board member
  • Kurt Malmbak Kjeldsen appointed director
  • Niels Ebbe Dalsgaard appointed board member
  • Benny Otto Møller appointed deputy board member

Related companies

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