Odense Lavpris Tømmerhandel A/S

Public limited companyCVR 17919032Odense CActive

Odense Lavpris Tømmerhandel A/S is a public limited company, based in Odense C, active in retail sale of building materials and tools, founded in 1994. Net profit rose 68% from 2024 to 2025, ending at DKK 5.3m. Profit has grown three years in a row. Gross profit is higher than that of 88% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 11m+34.9% vs. 2024
Net profitDKK 5.3m+67.7% vs. 2024
EquityDKK 81.6m+6.3% vs. 2024
Employees9latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 35% (2024 → 2025), to DKK 11m.
  • Net profit rose 68% (2024 → 2025), to DKK 5.3m.
  • Equity rose 6% (2024 → 2025), to DKK 81.6m.

Employees

  • 2 fewer employees than a year earlier: 9 (08/2026) against 11 (08/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Retail sale of building materials and tools (475220)

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 20mDKK 40mDKK 60mDKK 80m202020212022202320242025
EquityNet profit
Financial figures for Odense Lavpris Tømmerhandel A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit12,50213,07611,7298,5018,17111,027+34.9%
Operating profit (EBIT)6,3727,3016,1532,9222,4896,240+150.7%
Profit before tax6,1736,9805,8323,1584,0616,814+67.8%
Net profit4,8105,4364,5472,4563,1685,313+67.7%
Total assets69,17672,21677,68979,01882,79988,109+6.4%
Equity63,20968,14572,19274,14876,81681,629+6.3%
Liabilities4,3232,4143,8293,2334,3714,871+11.4%
Cash and cash equivalents28,98534,99539,29541,36046,06751,134+11%
Average number of employees141210101110−9.1%

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 10mDKK 12mDKK 14m202020212022202320242025
Gross profitMedian, the industry (128 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 Odense Lavpris Tømmerhandel A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202510/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202411/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202310/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202213/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202101/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202029/06/2021The 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
0246810121409/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

128 companies in the database

Comparison with the other companies in retail sale of building materials and tools based on the latest financial year.

Gross profitDKK 11mNo. 16 of 128
Better than 88% of the companies in the industry
EquityDKK 81.6mNo. 6 of 128
Better than 96% of the companies in the industry
Number of employees9No. 28 of 128
Better than 79% of the companies in the industry

Industry median: gross profit DKK 2.2m, net profit DKK 103k, equity DKK 1.9m, 4 employees.

DKK 100kDKK 1.2mDKK 14.9mDKK 182.3mDKK 967.2mHere
Distribution of gross profit for 122 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. 4,084of 69,742
Better than 94%
No. 2,134of 69,964
Better than 97%
Same industry and fewer than 20 employees110 companies in the comparison
No. 3of 110
Better than 98%
No. 1of 110
Better than 100%
Companies that are at least 30 years old10,276 companies in the comparison
No. 3,986of 10,152
Better than 61%
No. 1,455of 10,275
Better than 86%
All companies of type A/S18,025 companies in the comparison
No. 8,542of 17,786
Better than 52%
No. 2,619of 18,024
Better than 85%

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

Retail sale of building materials and tools
Gross profit
  1. Odense Lavpris Tømmerhandel A/SDKK 11m
  2. Harald Nyborg A/SDKK 2.2bn
  3. Jem & Fix A/SDKK 1.1bn
Net profit
  1. Odense Lavpris Tømmerhandel A/SDKK 5.3m
  2. Harald Nyborg A/SDKK 610m
  3. Jem & Fix A/SDKK 449.9m
Equity
  1. Odense Lavpris Tømmerhandel A/SDKK 81.6m
  2. Harald Nyborg A/SDKK 4.7bn
  3. Jem & Fix A/SDKK 2.4bn
Employees
  1. Odense Lavpris Tømmerhandel A/S9
  2. Harald Nyborg A/S2,132
  3. Jem & Fix A/S2,347

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
  • Morten Møller Nørgaard100%
Odense Lavpris Tømmerhandel A/S

Management

4 active registrations

Executive management

Executive management at Odense Lavpris Tømmerhandel A/S
NameRoleAppointed
Morten Møller NørgaardDirector01/07/1994

Board of directors

Board of directors at Odense Lavpris Tømmerhandel A/S
NameRoleAppointed
Morten Møller NørgaardBoard member01/07/1994
Anna Laura Bonkegaard NørgaardChair of the board01/07/1994
Birgit PedersenBoard member28/04/2016
Founders
Mads Møller Nørgaard, Morten Møller Nørgaard, Mette Pedersen, Anna Laura Bonkegaard Nørgaard
Former management (3)
Former management at Odense Lavpris Tømmerhandel A/S
NameRoleAppointedResigned
Mads Møller NørgaardBoard member01/07/199428/04/2016
Mette PedersenBoard member01/07/199431/05/1996
Mads Møller NørgaardDirector12/02/199810/11/2008

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

Address and production units

1 active production units

Lumbyvej 75
5000 Odense C

Odense Municipality · Postcode 5000

Production units
Production unitAddressEmployeesP number
ODENSE LAVPRIS TØMMERHANDEL A/SLumbyvej 75, Næsby, 5000 Odense C91001389253

Purpose

Selskabets formål er at drive handel med bygningsartikler og anden virksomhed i forbindelse dermed, handel og industri, financiering og formueforvaltning.

The purpose is quoted from the register in Danish.

Changes year by year

24 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Retail sale of building materials and tools (475220)
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20181 changeaddress 1
  • Moved to Lumbyvej 75, Næsby, 5000 Odense C
20162 changesmanagement 2
  • Birgit Pedersen appointed board member
  • Mads Møller Nørgaard stepped down as board member
20134 changesownership 1 · industry 1 · capital 1 · merger 1
  • Morten Møller Nørgaard registered as owner (100%)
  • Industry changed to Retail sale of building materials and tools (475220)
  • Share capital changed from 500,000 DKK to 630,641 DKK
  • Merger registered in CVR
20081 changemanagement 1
  • Mads Møller Nørgaard stepped down as director
19981 changemanagement 1
  • Mads Møller Nørgaard appointed director
19971 changecapital 1
  • Share capital changed from 200,000 DKK to 500,000 DKK
19961 changemanagement 1
  • Mette Pedersen stepped down as board member
19946 changesfounded 1 · management 5
  • Registered as ODENSE LAVPRIS TØMMERHANDEL A/S
  • Mads Møller Nørgaard appointed board member
  • Morten Møller Nørgaard appointed director
  • Anna Laura Bonkegaard Nørgaard appointed chair of the board
  • Morten Møller Nørgaard appointed board member
  • Mette Pedersen appointed board member

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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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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