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Ruths Hotel A/S

Public limited companyCVR 11810985SkagenActive

Ruths Hotel A/S is a public limited company, based in Skagen, active in hotels and similar accommodation, founded in 1988. The company went from a profit in 2024 to a loss of DKK 1.3m in 2025. With 106 employees, the company is about 11 times larger than the industry median. Gross profit is higher than that of 93% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 36m−5.1% vs. 2024
Net profit−DKK 1.3m−132.9% vs. 2024
EquityDKK 181.2m−0.7% vs. 2024
Employees106latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 5% (2024 → 2025), to DKK 36m.
  • Net profit went from a profit of DKK 3.8m to a loss of DKK 1.3m (2024 → 2025).

Employees

  • 13 more employees than a year earlier: 106 (08/2026) against 93 (08/2025).

Management and owners, last 24 months

  • New in management: Maria Bundgaard Christensen (ceo, 01/09/2025) and Mads Bøttger (board member, 18/12/2025).
  • Stepped down: Peter Christian Bühlmann Jensen (board member, 18/12/2025) and Tom Boye (ceo, 01/09/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Hotels and similar accommodation (551000)

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 20mDKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140mDKK 160mDKK 180m202020212022202320242025
EquityNet profit
Financial figures for Ruths Hotel A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit29,80732,74439,85237,55637,92435,987−5.1%
Operating profit (EBIT)6,4185,8707,0992,2583,195−1,442−145.1%
Profit before tax6,3245,7337,0652,4553,840−1,262−132.9%
Net profit6,3245,7337,0652,4553,840−1,262−132.9%
Total assets142,088144,653150,819160,388191,578190,566−0.5%
Equity127,491133,224140,289151,325182,450181,188−0.7%
Liabilities14,59711,42810,5309,0649,1289,378+2.7%
Cash and cash equivalents16,74516,31812,06410,63524,86616,261−34.6%
Average number of employees525566676664−3%

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; 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 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30mDKK 35mDKK 40m202020212022202320242025
Gross profitMedian, the industry (542 companies)

Annual reports

6 financial years
Annual reports for Ruths Hotel A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202507/06/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202424/04/2025The groupPDFXBRL
202301/01/2023 – 31/12/202327/05/2024The groupPDFXBRL
202201/01/2022 – 31/12/202219/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202111/05/2022The companyPDFXBRL
202001/01/2020 – 31/12/202018/05/2021The 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
02040608010012009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

542 companies in the database

Comparison with the other companies in hotels and similar accommodation based on the latest financial year.

Gross profitDKK 36mNo. 41 of 542
Better than 93% of the companies in the industry
EquityDKK 181.2mNo. 12 of 542
Better than 98% of the companies in the industry
Number of employees106No. 33 of 542
Better than 94% of the companies in the industry

Industry median: gross profit DKK 5.9m, net profit DKK 189k, equity DKK 1.9m, 10 employees.

DKK 100kDKK 1,000kDKK 10mDKK 100mDKK 464mHere
Distribution of gross profit for 507 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. 2,468of 4,412
Better than 44%
No. 371of 4,466
Better than 92%
Same industry and 50–199 employees119 companies in the comparison
No. 28of 119
Better than 77%
No. 4of 119
Better than 97%
Companies that are at least 30 years old10,276 companies in the comparison
No. 1,889of 10,152
Better than 81%
No. 841of 10,275
Better than 92%
All companies of type A/S18,025 companies in the comparison
No. 3,836of 17,786
Better than 78%
No. 1,539of 18,024
Better than 91%

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

Hotels and similar accommodation
Gross profit
  1. Ruths Hotel A/SDKK 36m
  2. Arp-hansen Hotel Group A/SDKK 999.5m
  3. Scandic Hotel A/SDKK 904.8m
Net profit
  1. Ruths Hotel A/S−DKK 1.3m
  2. Arp-hansen Hotel Group A/SDKK 265.6m
  3. Scandic Hotel A/SDKK 127.5m
Equity
  1. Ruths Hotel A/SDKK 181.2m
  2. Arp-hansen Hotel Group A/SDKK 4.6bn
  3. Scandic Hotel A/SDKK 528.7m
Employees
  1. Ruths Hotel A/S106
  2. Arp-hansen Hotel Group A/S1,005
  3. Scandic Hotel A/S2,569

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
  • Legasy 4 Limited100%
Ruths Hotel A/S

Management

7 active registrations

Executive management

Executive management at Ruths Hotel A/S
NameRoleAppointed
Maria Bundgaard ChristensenCEO01/09/2025

Board of directors

Board of directors at Ruths Hotel A/S
NameRoleAppointed
Mark Philip SørensenBoard member01/11/2013
Helle Dyhr JensenBoard member18/02/2019
Mark Murray PrestonBoard member22/05/2019
Anne-Marie KrogChair of the board06/10/2020
Christina Philip Sørensen LötterBoard member14/05/2024
Mads BøttgerBoard member18/12/2025
Founders
Asx 9667 ApS
Former management (20)
Former management at Ruths Hotel A/S
NameRoleAppointedResigned
Steen SchierbeckDirector01/01/198815/04/1988
Alfred HansenBoard member01/01/198815/02/2018
Kirsten SkånbergBoard member01/01/198830/05/1999
Kirsten SkånbergDirector01/01/198827/05/1997
Ragnhild Steffen JensenDirector27/05/199730/07/2010
Jørgen Philip SørensenChair of the board30/05/199918/01/2010
Ragnhild Steffen JensenBoard member30/05/199923/03/2010
Jens Koefoed StadumChair of the board23/03/201022/05/2018
Ingrid B SørensenBoard member23/03/201015/02/2018
Anne Louisa Philip MannBoard member23/03/201001/11/2013
Annette ReynoldsBoard member23/03/201030/09/2010
Peter Christian Bühlmann JensenCEO30/07/201022/05/2019
Dorte KrakBoard member01/11/201331/12/2018
Jonathon BondBoard member01/11/201321/05/2018
Anne-Marie KrogBoard member15/02/201805/10/2020
Jonathon BondChair of the board22/05/201822/05/2019
Torben Ballegaard SørensenBoard member18/02/201921/05/2019
Peter Christian Bühlmann JensenBoard member22/05/201918/12/2025
Torben Ballegaard SørensenChair of the board22/05/201906/10/2020
Tom BoyeCEO22/05/201901/09/2025

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

Address and production units

1 active production units

Hans Ruths Vej 1
9990 Skagen

Frederikshavn Municipality · Postcode 9990

Production units
Production unitAddressEmployeesP number
Ruths HotelHans Ruths Vej 1, 9990 Skagen1061011337941

Purpose

Selskabets formål er at drive hotel- og restaurationsvirksomhed, eje og administrere fast ejendom samt anden i forbindelse hermed efter bestyrelsens skøn beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

86 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20256 changesmanagement 4 · accounts 1 · industry 1
  • Mads Bøttger appointed board member
  • Peter Christian Bühlmann Jensen stepped down as board member
  • Maria Bundgaard Christensen appointed ceo
  • Tom Boye stepped down as ceo
  • Annual report for 2024 published
  • Industry changed to Hotels and similar accommodation (551000)
20242 changesaccounts 1 · management 1
  • Annual report for 2023 published
  • Christina Philip Sørensen Lötter appointed board member
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20205 changesownership 2 · management 3
  • LEGASY 4 LIMITED registered as owner (100%)
  • LEGASY 4 LIMITED is no longer registered as owner
  • Anne-Marie Krog appointed chair of the board
  • Torben Ballegaard Sørensen stepped down as chair of the board
  • Anne-Marie Krog stepped down as board member
20199 changesmanagement 9
  • Tom Boye appointed ceo
  • Peter Christian Bühlmann Jensen appointed board member
  • Mark Murray Preston appointed board member
  • Torben Ballegaard Sørensen appointed chair of the board
  • Jonathon Bond stepped down as chair of the board
  • Peter Christian Bühlmann Jensen stepped down as ceo
  • Torben Ballegaard Sørensen stepped down as board member
  • Helle Dyhr Jensen appointed board member
  • Torben Ballegaard Sørensen appointed board member
20187 changesmanagement 7
  • Dorte Krak stepped down as board member
  • Jonathon Bond appointed chair of the board
  • Jens Koefoed Stadum stepped down as chair of the board
  • Jonathon Bond stepped down as board member
  • Anne-Marie Krog appointed board member
  • Ingrid B Sørensen stepped down as board member
  • Alfred Hansen stepped down as board member
20172 changesownership 2
  • LEGASY 4 LIMITED registered as owner (100%)
  • Skagen Conscience Capital Limited is no longer registered as owner
20162 changescapital 1 · merger 1
  • Share capital changed from 16,500,000 DKK to 16,600,000 DKK
  • Merger registered in CVR
20142 changesownership 1 · address 1
  • Skagen Conscience Capital Limited registered as owner (100%)
  • Moved to Hans Ruths Vej 1, 9990 Skagen
20134 changesmanagement 4
  • Jonathon Bond appointed board member
  • Dorte Krak appointed board member
  • Mark Philip Sørensen appointed board member
  • Anne Louisa Philip Mann stepped down as board member
20113 changesmerger 1 · name 1 · capital 1
  • Merger registered in CVR
  • Name changed from STRANDHOTELLET. GL. SKAGEN ApS to RUTHS HOTEL A/S
  • Share capital changed from 16,000,000 DKK to 16,500,000 DKK
201010 changescapital 1 · management 9
  • Share capital changed from 15,000,000 DKK to 16,000,000 DKK
  • Annette Reynolds stepped down as board member
  • Peter Christian Bühlmann Jensen appointed ceo
  • Ragnhild Steffen Jensen stepped down as director
  • Annette Reynolds appointed board member
  • Anne Louisa Philip Mann appointed board member
  • Ingrid B Sørensen appointed board member
  • Jens Koefoed Stadum appointed chair of the board
  • Ragnhild Steffen Jensen stepped down as board member
  • Jørgen Philip Sørensen stepped down as chair of the board
20091 changecapital 1
  • Share capital changed from 14,000,000 DKK to 15,000,000 DKK
20083 changescapital 1 · industry 2
  • Share capital changed from 13,000,000 DKK to 14,000,000 DKK
  • Industry changed to Hoteller (551010)
  • Industry changed to Holiday and other short-stay accommodation (552000)
20072 changescapital 1 · address 1
  • Share capital changed from 12,000,000 DKK to 13,000,000 DKK
  • Moved to Jeckelsvej 4, 9990 Skagen
20061 changecapital 1
  • Share capital changed from 11,000,000 DKK to 12,000,000 DKK
20051 changecapital 1
  • Share capital changed from 10,000,000 DKK to 11,000,000 DKK
20041 changecapital 1
  • Share capital changed from 8,000,000 DKK to 10,000,000 DKK
20033 changescapital 2 · industry 1
  • Share capital changed from 5,725,000 DKK to 8,000,000 DKK
  • Share capital changed from 2,000,000 DKK to 5,725,000 DKK
  • Industry changed to Hoteller (551010)
20011 changemerger 1
  • Merger registered in CVR
19993 changesmanagement 3
  • Ragnhild Steffen Jensen appointed board member
  • Jørgen Philip Sørensen appointed chair of the board
  • Kirsten Skånberg stepped down as board member
19981 changecapital 1
  • Share capital changed from 1,500,000 DKK to 2,000,000 DKK
19973 changescapital 1 · management 2
  • Share capital changed from 1,000,000 DKK to 1,500,000 DKK
  • Ragnhild Steffen Jensen appointed director
  • Kirsten Skånberg stepped down as director
19961 changecapital 1
  • Share capital changed from 500,000 DKK to 1,000,000 DKK
19951 changecapital 1
  • Share capital changed from 200,000 DKK to 500,000 DKK
19941 changecapital 1
  • Share capital changed from 80,000 DKK to 200,000 DKK
19887 changesname 1 · management 5 · founded 1
  • Name changed from ASX 12937 ApS to STRANDHOTELLET. GL. SKAGEN ApS
  • Steen Schierbeck stepped down as director
  • Registered as ASX 12937 ApS
  • Steen Schierbeck appointed director
  • Kirsten Skånberg appointed director
  • Kirsten Skånberg appointed board member
  • Alfred Hansen appointed board member

Related companies

Same industry in Frederikshavn

See all →

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.

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