Ruth Holding ApS
Private limited companyCVR 43615165HirtshalsActive
Ruth Holding ApS is a private limited company, based in Hirtshals, active in non-financial holding companies, founded in 2022. Net profit rose 481% from 2024 to 2025, ending at DKK 207.4m. With 9 employees, the company is about 9 times larger than the industry median. Equity grew to DKK 1.2bn in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Net profit rose 481% (2024 → 2025), to DKK 207.4m.
- Equity rose 20% (2024 → 2025), to DKK 1.2bn.
Management and owners, last 24 months
- New in management: Peter Norman Christensen (director, 08/06/2026).
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 2022–2025 · amounts in DKK thousandEquity and net profit
| 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | – |
| Gross profit | −221 | −2,914 | −2,924 | −3,801 | −30% |
| Operating profit (EBIT) | −460 | −7,096 | −7,572 | −8,544 | −12.8% |
| Profit before tax | −10,392 | 685,793 | 41,435 | 213,112 | +414.3% |
| Net profit | −10,341 | 687,260 | 35,716 | 207,436 | +480.8% |
| Total assets | 347,888 | 996,607 | 1,120,456 | 1,359,582 | +21.3% |
| Equity | 282,216 | 959,476 | 995,092 | 1,193,765 | +20% |
| Liabilities | 65,669 | 37,035 | 125,337 | 165,817 | +32.3% |
| Cash and cash equivalents | 871 | 662,348 | 281,532 | 3,932 | −98.6% |
| Average number of employees | 1 | 4 | 4 | 4 | 0% |
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 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
4 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 13/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 17/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 25/03/2024 | The company | PDFXBRL |
| 2022 | 01/11/2022 – 31/12/2022 | 22/06/2023 | 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
2,138 companies in the databaseComparison with the other companies in non-financial holding companies based on the latest financial year.
Industry median: gross profit −DKK 31,805, net profit DKK 701k, equity DKK 32.1m, 1 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. 69,449of 69,742 Better than 0% | No. 186of 69,964 Better than 100% |
| Same industry and fewer than 20 employees2,092 companies in the comparison | No. 2,010of 2,048 Better than 2% | No. 62of 2,092 Better than 97% |
| Companies that are founded within the last five years16,662 companies in the comparison | No. 16,531of 16,614 Better than 0% | No. 26of 16,661 Better than 100% |
| All companies of type ApS66,508 companies in the comparison | No. 66,136of 66,379 Better than 0% | No. 82of 66,505 Better than 100% |
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-financial holding companies- Ruth Holding ApS−DKK 3.8m
- Heartland A/SDKK 19.9bn
- Andel A.M.B.A.DKK 5.6bn
- Ruth Holding ApSDKK 207.4m
- Heartland A/SDKK 4.9bn
- Andel A.M.B.A.−DKK 2.9bn
- Ruth Holding ApSDKK 1.2bn
- Heartland A/SDKK 39.2bn
- Andel A.M.B.A.DKK 29.5bn
- Ruth Holding ApS9
- Heartland A/S34
- Andel A.M.B.A.28
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Gullak Arngrimsson Madsen100%
Subsidiaries are shown only if they are in the database.
Management
6 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Gullak Arngrimsson Madsen | Director | 01/11/2022 |
| Peter Norman Christensen | Director | 08/06/2026 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Gullak Arngrimsson Madsen | Board member | 01/12/2022 |
| Jens Christian Dahl Olesen | Board member | 01/12/2022 |
| Annfinn Vitalis Hansen | Board member | 01/12/2022 |
| Tove Bech Madsen | Board member | 01/12/2022 |
- Founders
- Gullak Arngrimsson Madsen
Signing rule: Selskabet tegnes af en direktør.
Address and production units
1 active production unitsCort Adelersvej 6
9850 Hirtshals
Hjørring Municipality · Postcode 9850
Other companies at the address (1)
- GTM Familie Holding ApSNon-financial holding companies
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Ruth Holding ApS | Cort Adelersvej 6, 9850 Hirtshals | 9 | 1028709362 |
Purpose
Selskabets formål er at besidde kapitalandele i datterselskaber og associerede selskaber, herunder eje kapitalandele i selskaber som driver fiskeri og har opnået fiskeritilladelse, at drive investeringsvirksomhed samt valutahandel samt igennem datterselskaber i øvrigt at drive handel og produktion.
The purpose is quoted from the register in Danish.
Changes year by year
15 registered events20262 changesmanagement 1 · accounts 1
- ManagementPeter Norman Christensen appointed director
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20233 changesaccounts 1 · name 1 · industry 1
- AccountsAnnual report for 2022 published
- NameName changed from G&T Holding Hirtshals ApS to Ruth Holding ApS
- IndustryIndustry changed to Ikke-finansielle holdingselskaber (642020)
20228 changescapital 1 · management 5 · founded 1 · ownership 1
- CapitalShare capital changed from 40,000 DKK to 300,000 DKK
- ManagementGullak Arngrimsson Madsen appointed board member
- ManagementJens Christian Dahl Olesen appointed board member
- ManagementAnnfinn Vitalis Hansen appointed board member
- ManagementTove Bech Madsen appointed board member
- FoundedRegistered as G&T Holding Hirtshals ApS
- ManagementGullak Arngrimsson Madsen appointed director
- OwnershipGullak Arngrimsson Madsen registered as owner (100%)
Related companies
Same industry in Hjørring
- Wenbo A/S7 employees
- Sjey A/S7 employees
- Schlie Invest ApS4 employees
- GTM Familie Holding ApS4 employees
- Tomfre Holding ApS4 employees
- Carsten T. Østergaard Invest ApS2 employees
Same people in management
- Norriq Danmark A/Svia Gullak Arngrimsson Madsen
- Asbjørn A/Svia Annfinn Vitalis Hansen
- Skawplast A/Svia Jens Christian Dahl Olesen
- GTM Familie Holding ApSvia Annfinn Vitalis Hansen
- Norriq Holding A/Svia Annfinn Vitalis Hansen
Largest in the industry
- Heartland A/SDKK 19.9bn
- Andel A.M.B.A.DKK 5.6bn
- Norlys a.m.b.a.DKK 5.3bn
- Lauritzen Fonden Holding ApSDKK 4.1bn
- Per Aarsleff Holding A/SDKK 2.8bn
- C.W. Obel Holding P/SDKK 2.2bn
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.