Refsgaard Agro ApS
Private limited companyCVR 41472251HobroActive
Refsgaard Agro ApS is a private limited company, based in Hobro, active in production of slaughter pigs, founded in 2020. Net profit rose 496% from 2024 to 2025, ending at DKK 3.1m. Operations are spread over 3 production units.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 17% (2024 → 2025), to DKK 5.4m.
- Net profit rose 496% (2024 → 2025), to DKK 3.1m.
- Equity rose 5% (2024 → 2025), to DKK 65m.
Employees
- 3 fewer employees than a year earlier: 3 (07/2026) against 6 (07/2025).
Management and owners, last 24 months
- New owners registered: LT26 Invest ApS (06/07/2026).
- No longer registered as owner: Lars Tolborg (06/07/2026).
Registrations, last 24 months
- 21/11/2024: Moved to Løgstørvej 96B, Hørby, 9500 Hobro
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 12,899 | 7,599 | 5,054 | 6,324 | 6,583 | 5,433 | −17.5% |
| Operating profit (EBIT) | 7,934 | 2,432 | −816 | 459 | 3,750 | 3,138 | −16.3% |
| Profit before tax | 7,612 | 1,797 | −66 | −2,873 | 633 | 1,075 | +69.8% |
| Net profit | 5,755 | 1,948 | −123 | −2,235 | 523 | 3,116 | +495.9% |
| Total assets | 151,662 | 149,157 | 149,512 | 155,475 | 165,279 | 167,838 | +1.5% |
| Equity | 42,234 | 44,182 | 44,059 | 53,298 | 61,874 | 64,990 | +5% |
| Liabilities | 101,999 | 98,485 | 98,905 | 93,031 | 90,018 | 91,503 | +1.6% |
| Cash and cash equivalents | 1 | 1 | 1 | 186 | 71 | 1 | −98.8% |
| Average number of employees | 5 | 6 | 6 | 5 | 2 | 1 | −50% |
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
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 03/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 23/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 05/07/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 26/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 27/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 10/06/2021 | The company | PDFXBRL |
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 CVRPosition in the industry
100 companies in the databaseComparison with the other companies in production of slaughter pigs based on the latest financial year.
Industry median: gross profit DKK 6.3m, net profit DKK 981k, equity DKK 17.3m, 7 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 12,137of 69,742 Better than 83% | No. 2,523of 69,964 Better than 96% |
| Same industry and fewer than 20 employees80 companies in the comparison | No. 35of 80 Better than 57% | No. 7of 80 Better than 92% |
| Companies that are between 5 and 14 years old33,679 companies in the comparison | No. 8,044of 33,579 Better than 76% | No. 978of 33,678 Better than 97% |
| All companies of type ApS66,508 companies in the comparison | No. 12,660of 66,379 Better than 81% | No. 1,670of 66,505 Better than 97% |
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
Production of slaughter pigs- Refsgaard Agro ApSDKK 5.4m
- Smedsgaard Agro ApSDKK 62.4m
- Ulstrupgaard Breeding A/SDKK 50.5m
- Refsgaard Agro ApSDKK 3.1m
- Smedsgaard Agro ApSDKK 14m
- Ulstrupgaard Breeding A/SDKK 9.9m
- Refsgaard Agro ApSDKK 65m
- Smedsgaard Agro ApSDKK 95.9m
- Ulstrupgaard Breeding A/SDKK 85.8m
- Refsgaard Agro ApS3
- Smedsgaard Agro ApS46
- Ulstrupgaard Breeding A/S81
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- LT26 Invest ApS100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Lars Tolborg | Director | 26/06/2020 |
- Auditor
- Dlbr Revision, Godkendt Revisionsanpartsselskab
- Founders
- Lars Tolborg
Signing rule: Selskabet tegnes af direktøren.
Address and production units
3 active production unitsLøgstørvej 96B
9500 Hobro
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Refsgaard Agro ApS | Løgstørvej 96B, Hørby, 9500 Hobro | 3 | 1025975797 |
| Skonhøjvej | Skonhøjvej 14, 9500 Hobro | 1 | 1026471008 |
| Thulstrup | Thulstrupvej 5, 9500 Hobro | – | 1026471016 |
Purpose
Selskabets formål er at drive landbrug, samt anden efter direktionens skøn hermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
14 registered events20263 changesownership 2 · accounts 1
- OwnershipLT26 Invest ApS registered as owner (100%)
- OwnershipLars Tolborg is no longer registered as owner
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20242 changesaddress 1 · accounts 1
- AddressMoved to Løgstørvej 96B, Hørby, 9500 Hobro
- AccountsAnnual report for 2023 published
20232 changesaddress 1 · accounts 1
- AddressMoved to Løgstørvej 96B, Hørby, 9500 Hobro
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20204 changesindustry 1 · founded 1 · management 1 · ownership 1
- IndustryIndustry changed to Production of slaughter pigs (014620)
- FoundedRegistered as Refsgaard Agro ApS
- ManagementLars Tolborg appointed director
- OwnershipLars Tolborg registered as owner (100%)
Related companies
Same industry in Mariagerfjord
- Vupsa Svineproduktion K/S28 employees
- Kronjysk Agro A/S24 employees
- Kisgaard Svineproduktion A/S20 employees
- Hviidagergaard A/S20 employees
- Ødum Agro A/S9 employees
- Thorupgård Partnerselskab7 employees
Same people in management
- Bjerre Herred Landbrugsselskab A/Svia Lars Tolborg
- Karsko Group A/Svia Lars Tolborg
Largest in the industry
- Smedsgaard Agro ApSDKK 62.4m
- Ulstrupgaard Breeding A/SDKK 50.5m
- Volsgaard Agro A/SDKK 37.2m
- Kjær Knudsen Give A/SDKK 35.9m
- Hestbjerg Økologi ApSDKK 34m
- Smedshauge ApSDKK 28.9m
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.