S-M Sten ApS
Private limited companyCVR 16617202SakskøbingActive
S-M Sten ApS is a private limited company, based in Sakskøbing, active in renting of commercial property, founded in 1992. Net profit fell 8% from 2024 to 2025, ending at DKK 88,054. Operations are spread over 3 production units in 3 towns. With 3 employees, the company is about 3 times larger than the industry median.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 5% (2024 → 2025), to DKK 121k.
- Net profit fell 8% (2024 → 2025), to DKK 88,054.
- Equity fell 20% (2024 → 2025), to DKK 1.2m.
Management and owners, last 24 months
- New owners registered: Helle Borchersen Nielsen (29/01/2026) and Palle Borchersen Madsen (29/01/2026).
- No longer registered as owner: Eli Kristine Madsen (29/01/2026), Helle Borchersen Nielsen (28/01/2026) and Lars Borchersen Madsen (29/01/2026) (+1).
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 | 1,346 | 1,450 | 812 | 128 | 127 | 121 | −5% |
| Operating profit (EBIT) | 88 | 137 | 796 | −113 | 121 | 115 | −5.3% |
| Profit before tax | 71 | 120 | 778 | −111 | 122 | 115 | −5.7% |
| Net profit | 71 | 140 | 605 | −139 | 96 | 88 | −8.5% |
| Total assets | 2,759 | 2,639 | 2,281 | 2,168 | 1,612 | 1,300 | −19.4% |
| Equity | 1,727 | 1,867 | 2,185 | 1,752 | 1,544 | 1,232 | −20.2% |
| Liabilities | 1,032 | 772 | 95 | 415 | 68 | 68 | −0.4% |
| Cash and cash equivalents | 476 | 435 | 842 | 944 | 736 | 427 | −42% |
| Average number of employees | 3 | 3 | 0 | 0 | 0 | 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 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 | 03/02/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 06/02/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 08/02/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 09/02/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 21/02/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 26/01/2021 | 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
1,780 companies in the databaseComparison with the other companies in renting of commercial property based on the latest financial year.
Industry median: gross profit DKK 1.5m, net profit DKK 430k, equity DKK 13.7m, 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. 60,715of 69,742 Better than 13% | No. 30,876of 69,964 Better than 56% |
| Same industry and fewer than 20 employees1,723 companies in the comparison | No. 1,492of 1,711 Better than 13% | No. 1,492of 1,723 Better than 13% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 9,180of 10,152 Better than 10% | No. 8,575of 10,275 Better than 17% |
| All companies of type ApS66,508 companies in the comparison | No. 58,387of 66,379 Better than 12% | No. 26,811of 66,505 Better than 60% |
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
Renting of commercial property- S-M Sten ApSDKK 121k
- Jeudan A/SDKK 1.3bn
- Euro Steel 1988 ApSDKK 719.3m
- S-M Sten ApSDKK 88,054
- Jeudan A/SDKK 1bn
- Euro Steel 1988 ApSDKK 180.9m
- S-M Sten ApSDKK 1.2m
- Jeudan A/SDKK 13.1bn
- Euro Steel 1988 ApSDKK 1.8bn
- S-M Sten ApS3
- Jeudan A/S249
- Euro Steel 1988 ApS4
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Michael Borchersen Madsen33.33%
- Helle Borchersen Nielsen33.33%
- Palle Borchersen Madsen33.33%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Palle Borchersen Madsen | Director | 02/02/1994 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Helle Borchersen Nielsen | Chair of the board | 22/06/1992 |
| Michael Borchersen Madsen | Board member | 02/02/1994 |
| Lars Borchersen Madsen | Board member | 02/02/1994 |
- Founders
- Ole Borchersen Madsen, Eli Kristine Madsen, Helle Borchersen Nielsen
Former management (3)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Ole Borchersen Madsen | Board member | 22/06/1992 | 02/02/1994 |
| Ole Borchersen Madsen | Director | 22/06/1992 | 02/02/1994 |
| Eli Kristine Madsen | Chair of the board | 22/06/1992 | 02/02/1994 |
Signing rule: Selskabet tegnes af to medlemmer af bestyrelsen i forening, af en direktør alene eller af bestyrelsesformanden alene
Address and production units
3 active production unitsMaribovej 10
4990 Sakskøbing
| Production unit | Address | Employees | P number |
|---|---|---|---|
| S-M Sten ApS | Maribovej 10, 4990 Sakskøbing | 3 | 1001130624 |
| SAKSKØBING - MARIBO STENHUGGERIER A/S | Vesterbrogade 16, 4930 Maribo | 1 | 1010637887 |
| SAKSKØBING - MARIBO STENHUGGERIER A/S | Nørrevold 19, 4900 Nakskov | 1 | 1002026752 |
Purpose
Selskabets formål er at drive udlejning af fast ejendom, investering af opsparet kapital samt andet efter ledelsens skøn dermed beslægtet virksomhed
The purpose is quoted from the register in Danish.
Changes year by year
34 registered events20267 changesaccounts 1 · ownership 6
- AccountsAnnual report for 2025 published
- OwnershipHelle Borchersen Nielsen registered as owner (33.33%)
- OwnershipPalle Borchersen Madsen registered as owner (33.33%)
- OwnershipLars Borchersen Madsen is no longer registered as owner
- OwnershipEli Kristine Madsen is no longer registered as owner
- OwnershipPalle Borchersen Madsen is no longer registered as owner
- OwnershipHelle Borchersen Nielsen is no longer registered as owner
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20234 changesindustry 1 · name 1 · capital 1 · accounts 1
- IndustryIndustry changed to Renting of commercial property (682040)
- NameName changed from SAKSKØBING - MARIBO STENHUGGERIER A/S to S-M Sten ApS
- CapitalShare capital changed from 500,000 DKK to 40,000 DKK
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20201 changename 1
- NameName changed from SAKSKØBING - MARIBO STENHUGGERIER A/S to SAKSKØBING - MARIBO STENHUGGERIER A/S
20081 changeindustry 1
- IndustryIndustry changed to Cutting, shaping and finishing of stone (237000)
20071 changeaddress 1
- AddressMoved to Maribovej 10, 4990 Sakskøbing
19946 changesmanagement 6
- ManagementMichael Borchersen Madsen appointed board member
- ManagementLars Borchersen Madsen appointed board member
- ManagementPalle Borchersen Madsen appointed director
- ManagementOle Borchersen Madsen stepped down as board member
- ManagementOle Borchersen Madsen stepped down as director
- ManagementEli Kristine Madsen stepped down as chair of the board
199210 changesfounded 1 · management 4 · ownership 5
- FoundedRegistered as SAKSKØBING - MARIBO STENHUGGERIER A/S
- ManagementOle Borchersen Madsen appointed board member
- ManagementHelle Borchersen Nielsen appointed chair of the board
- ManagementOle Borchersen Madsen appointed director
- ManagementEli Kristine Madsen appointed chair of the board
- OwnershipLars Borchersen Madsen registered as owner (20%)
- OwnershipEli Kristine Madsen registered as owner (20%)
- OwnershipMichael Borchersen Madsen registered as owner (33.33%)
- OwnershipPalle Borchersen Madsen registered as owner (20%)
- OwnershipHelle Borchersen Nielsen registered as owner (20%)
Related companies
Same industry in Guldborgsund
- GuldBoSund ApS74 employees
- Ak Ejendomme ApS10 employees
- Invebo ApS7 employees
- Frihedsminde A/S5 employees
- Kimand Invest ApS4 employees
- Karl Mertz Holding A/S4 employees
Same people in management
- Bissø-legetøj ApSvia Aage Kirkegaard
- Blue Yonder Denmark A/Svia Aage Kirkegaard
Largest in the industry
- Jeudan A/SDKK 1.3bn
- Euro Steel 1988 ApSDKK 719.3m
- Munck Gruppen A/SDKK 647.2m
- Vilomix Holding A/SDKK 592.6m
- Wihlborgs A/SDKK 441.4m
- Commercial Real Estate Denmark P/SDKK 282.3m
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.