CVRdatabase
Menu

Pajo Bolte A/S

Public limited companyCVR 10221994HobroActive

Pajo Bolte A/S is a public limited company, based in Hobro, active in wholesale of wood, construction materials and sanitary equipment, founded in 1986. Net profit fell 12% from 2024 to 2025, ending at DKK 28.9m. With 62 employees, the company is about 9 times larger than the industry median. Gross profit is higher than that of 96% of the companies in the industry in the database.

Follow
PDF reportCompare

Key figures · financial year 2025

Gross profitDKK 70.7m−3.9% vs. 2024
Net profitDKK 28.9m−11.8% vs. 2024
EquityDKK 49.1m−7.6% vs. 2024
Employees62latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 4% (2024 → 2025), to DKK 70.7m.
  • Net profit fell 12% (2024 → 2025), to DKK 28.9m.
  • Equity fell 8% (2024 → 2025), to DKK 49.1m.

Employees

  • 8 fewer employees than a year earlier: 62 (08/2026) against 70 (08/2025).

Management and owners, last 24 months

  • New in management: Morten Højen Larsen (board member, 16/06/2025) and Morten Højen Larsen (director, 16/06/2025).
  • Stepped down: Lars Bundgård Johansen (board member, 16/06/2025) and Lars Bundgård Johansen (director, 16/06/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Wholesale of wood, construction materials and sanitary equipment (468300)

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 2019–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60mDKK 70m201920202021202320242025
EquityNet profit
Financial figures for Pajo Bolte A/S
201920202021202320242025Change
Revenuenot statednot stated54,997not statednot statednot stated–
Gross profit34,87836,16954,99775,57073,57270,733−3.9%
Operating profit (EBIT)17,79018,78532,76646,92242,17237,260−11.6%
Profit before tax22,08422,25137,80151,32842,10537,253−11.5%
Net profit17,19717,32929,49739,97732,83228,948−11.8%
Total assets67,03865,22591,62495,26385,36792,558+8.4%
Equity51,88052,21059,49765,32853,16049,108−7.6%
Liabilities15,15813,01531,83429,93531,20742,450+36%
Cash and cash equivalents13,95711,1627,519109+2,607.1%
Average number of employees393945535962+5.1%

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 2019, 2020, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2022 (changed financial year or not filed).

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60mDKK 70mDKK 80m201920202021202320242025
Gross profitMedian, the industry (430 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit for five years in a row

    Net result has been positive in 2020–2025.

    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 Pajo Bolte A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202530/03/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202431/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202320/03/2024The companyPDFXBRL
202101/01/2021 – 31/12/202105/06/2023The companyPDFXBRL
202001/05/2019 – 30/04/202023/06/2020The companyPDFXBRL
201901/05/2018 – 30/04/201928/06/2019The 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
01020304050607009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

430 companies in the database

Comparison with the other companies in wholesale of wood, construction materials and sanitary equipment based on the latest financial year.

Gross profitDKK 70.7mNo. 17 of 429
Better than 96% of the companies in the industry
EquityDKK 49.1mNo. 49 of 430
Better than 89% of the companies in the industry
Number of employees62No. 22 of 430
Better than 95% of the companies in the industry

Industry median: gross profit DKK 5.9m, net profit DKK 623k, equity DKK 6.3m, 7 employees.

DKK 100kDKK 1.2mDKK 13.3mDKK 152.6mDKK 778.2mHere
Distribution of gross profit for 416 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. 1,145of 4,412
Better than 74%
No. 1,244of 4,466
Better than 72%
Same industry and 50–199 employees26 companies in the comparison
No. 9of 26
Better than 68%
No. 16of 26
Better than 40%
Companies that are at least 30 years old10,276 companies in the comparison
No. 1,127of 10,152
Better than 89%
No. 2,019of 10,275
Better than 80%
All companies of type A/S18,025 companies in the comparison
No. 2,142of 17,786
Better than 88%
No. 3,625of 18,024
Better than 80%

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

Wholesale of wood, construction materials and sanitary equipment
Gross profit
  1. Pajo Bolte A/SDKK 70.7m
  2. Stark Danmark A/SDKK 1.8bn
  3. Bygma A/SDKK 1.4bn
Net profit
  1. Pajo Bolte A/SDKK 28.9m
  2. Stark Danmark A/SDKK 238m
  3. Bygma A/SDKK 228m
Equity
  1. Pajo Bolte A/SDKK 49.1m
  2. Stark Danmark A/SDKK 2bn
  3. Bygma A/SDKK 2.3bn
Employees
  1. Pajo Bolte A/S62
  2. Stark Danmark A/S2,792
  3. Bygma A/S1,891

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
  • Bufab DK Holding ApS100%
Pajo Bolte A/S

Management

4 active registrations

Executive management

Executive management at Pajo Bolte A/S
NameRoleAppointed
Morten Højen LarsenDirector16/06/2025

Board of directors

Board of directors at Pajo Bolte A/S
NameRoleAppointed
Karl Johan LindqvistChair of the board14/03/2022
Helena Maria HägerDeputy chair14/03/2022
Morten Højen LarsenBoard member16/06/2025
Founders
Per Emil Hasselbalch Stakemann
Former management (6)
Former management at Pajo Bolte A/S
NameRoleAppointedResigned
Poul Anker JohansenDirector15/04/198611/11/2019
Poul Anker JohansenBoard member02/06/199814/03/2022
Preben Stibjerg KristensenBoard member02/06/199814/03/2022
Hanne JohansenBoard member02/06/199801/09/2004
Lars Bundgård JohansenBoard member01/09/200416/06/2025
Lars Bundgård JohansenDirector11/11/201916/06/2025

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

Address and production units

1 active production units

Lupinvej 1
9500 Hobro

Mariagerfjord Municipality · Postcode 9500

Production units
Production unitAddressEmployeesP number
PAJO BOLTE A/SLupinvej 1, 9500 Hobro621000038454

Purpose

Selskabets formål er handel med befæstigelsesartikler, værktøj, udstyr m.v., hovedsagelig til industrien, samt finansiering og fabrikation.

The purpose is quoted from the register in Danish.

Changes year by year

42 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20256 changesmanagement 4 · accounts 1 · industry 1
  • Morten Højen Larsen appointed director
  • Morten Højen Larsen appointed board member
  • Lars Bundgård Johansen stepped down as director
  • Lars Bundgård Johansen stepped down as board member
  • Annual report for 2024 published
  • Industry changed to Wholesale of wood, construction materials and sanitary equipment (468300)
20241 changeaccounts 1
  • Annual report for 2023 published
20234 changescapital 1 · merger 1 · accounts 1 · address 1
  • Share capital changed from 800,000 DKK to 830,022 DKK
  • Merger registered in CVR
  • Annual report for 2021 published
  • Moved to Lupinvej 1, 9500 Hobro
20228 changesaddress 1 · management 4 · ownership 3
  • Moved to Lupinvej 1, 9500 Hobro
  • Karl Johan Lindqvist appointed chair of the board
  • Helena Maria Häger appointed deputy chair
  • Preben Stibjerg Kristensen stepped down as board member
  • Poul Anker Johansen stepped down as board member
  • Bufab DK Holding ApS registered as owner (100%)
  • PAJ HOLDING ApS is no longer registered as owner
  • LARS JOHANSEN HOLDING ApS is no longer registered as owner
20201 changeaccounts 1
  • Annual report for 2020 published
20193 changesmanagement 2 · accounts 1
  • Lars Bundgård Johansen appointed director
  • Poul Anker Johansen stepped down as director
  • Annual report for 2019 published
20141 changeownership 1
  • PAJ HOLDING ApS registered as owner (50%)
20071 changeaddress 1
  • Moved to Lupinvej 1, 9500 Hobro
20062 changesownership 1 · industry 1
  • LARS JOHANSEN HOLDING ApS registered as owner (33.33%)
  • Industry changed to Engroshandel med træ, trælast og byggematerialer (515310)
20051 changecapital 1
  • Share capital changed from 500,000 DKK to 800,000 DKK
20044 changesmerger 1 · management 2 · address 1
  • Merger registered in CVR
  • Lars Bundgård Johansen appointed board member
  • Hanne Johansen stepped down as board member
  • Moved to Lupinvej 1, 9500 Hobro
19986 changesindustry 1 · name 1 · capital 1 · management 3
  • Industry changed to Engroshandel med isenkram og varmeanlæg samt tilbehør (515400)
  • Name changed from DIN BUTIK ApS to PAJO BOLTE A/S
  • Share capital changed from 125,000 DKK to 500,000 DKK
  • Hanne Johansen appointed board member
  • Preben Stibjerg Kristensen appointed board member
  • Poul Anker Johansen appointed board member
19961 changecapital 1
  • Share capital changed from 80,000 DKK to 125,000 DKK
19862 changesfounded 1 · management 1
  • Registered as DIN BUTIK ApS
  • Poul Anker Johansen appointed director

Related companies

Same people in management

Largest in the industry

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 CVRReport a correction