STARK Group A/S

Public limited companyCVR 41952725FrederiksbergActive

STARK Group A/S is a public limited company, based in Frederiksberg, active in non-financial holding companies, founded in 2020. Measured by gross profit, it ranks no. 8 of 2,093 companies in the industry in the database. The company made a loss in both 2024 and 2025, most recently DKK 286m. With 67 employees, the company is about 67 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 7.8bn−0.3% vs. 2024
Net profit−DKK 286m−42.3% vs. 2024
EquityDKK 360m−44.1% vs. 2024
Employees67latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • The loss grew: from DKK 201m to DKK 286m (2024 → 2025).
  • Equity fell 44% (2024 → 2025), to DKK 360m.

Employees

  • 1 more employees than a year earlier: 67 (07/2026) against 66 (07/2025).

Registrations, last 24 months

  • 26/05/2026: Share capital changed from 15,000,000 DKK to 15,000,001 DKK

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 2021–2025 · amounts in DKK thousand

Equity and net profit

−DKK 400m−DKK 200mDKK 0DKK 200mDKK 400mDKK 600mDKK 800m20212022202320242025
EquityNet profit
Financial figures for STARK Group A/S
20212022202320242025Change
Revenue1,474,0005,995,0007,054,0007,780,0007,760,000−0.3%
Gross profit376,0001,541,0001,811,0002,041,0002,036,000−0.2%
Operating profit (EBIT)64,000288,000353,000−9,000−42,000−366.7%
Profit before tax40,000186,000156,000−230,000−291,000−26.5%
Net profit22,000132,000144,000−201,000−286,000−42.3%
Total assets4,431,0004,942,0006,457,0006,368,0006,218,000−2.4%
Equity541,000692,000858,000644,000360,000−44.1%
Liabilities3,890,0004,250,0005,599,0005,724,0005,858,000+2.3%
Cash and cash equivalents330,000261,000307,000242,000281,000+16.1%

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.

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

−DKK 500mDKK 0DKK 500mDKK 1bnDKK 1.5bnDKK 2bn20212022202320242025
Gross profitMedian, the industry (2,138 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Loss for 2 years in a row

    Net result has been negative in 2024–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Equity fell sharply

    Equity fell 44% from 2024 to 2025 (DKK 644m to DKK 360m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

  • Low equity ratio

    Equity makes up 6% of total assets in 2025.

    How is this calculated?

    Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.

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

5 financial years
Annual reports for STARK Group A/S
Financial yearPeriodPublishedFigures forDocuments
202501/08/2024 – 31/07/202512/11/2025The companyPDF not statedXBRL
202401/08/2023 – 31/07/202402/12/2024The companyPDF not statedXBRL
202301/08/2022 – 31/07/202311/12/2023The companyPDF not statedXBRL
202201/08/2021 – 31/07/202205/12/2022The companyPDF not statedXBRL
202116/12/2020 – 31/07/202121/12/2021The companyPDF not statedXBRL

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
01020304050607008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

2,138 companies in the database

Comparison with the other companies in non-financial holding companies based on the latest financial year.

Gross profitDKK 2bnNo. 8 of 2,093
Better than 100% of the companies in the industry
EquityDKK 360mNo. 226 of 2,138
Better than 89% of the companies in the industry
Number of employees67No. 152 of 2,138
Better than 93% of the companies in the industry

Industry median: gross profit −DKK 31,805, net profit DKK 701k, equity DKK 32.1m, 1 employees.

DKK 100kDKK 2.1mDKK 44.6mDKK 942.6mDKK 7.2bnHere
Distribution of gross profit for 820 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. 8of 4,412
Better than 100%
No. 199of 4,466
Better than 96%
Same industry and 50–199 employees12 companies in the comparison
No. 1of 12
Better than 100%
No. 5of 12
Better than 64%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 6of 33,588
Better than 100%
No. 247of 33,687
Better than 99%
All companies of type A/S18,025 companies in the comparison
No. 61of 17,786
Better than 100%
No. 928of 18,024
Better than 95%

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
Gross profit
  1. STARK Group A/SDKK 2bn
  2. Heartland A/SDKK 19.9bn
  3. Andel A.M.B.A.DKK 5.6bn
Net profit
  1. STARK Group A/S−DKK 286m
  2. Heartland A/SDKK 4.9bn
  3. Andel A.M.B.A.−DKK 2.9bn
Equity
  1. STARK Group A/SDKK 360m
  2. Heartland A/SDKK 39.2bn
  3. Andel A.M.B.A.DKK 29.5bn
Employees
  1. STARK Group A/S67
  2. Heartland A/S34
  3. 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
Owners
  • Winterfell Financing S.á r.l100%
STARK Group A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

8 active registrations

Executive management

Executive management at STARK Group A/S
NameRoleAppointed
Søren Peschardt OlesenCEO04/05/2021
Thomas AhleDirector01/09/2024

Board of directors

Board of directors at STARK Group A/S
NameRoleAppointed
Philip Bendorff RøpckeBoard member29/04/2021
Søren Peschardt OlesenBoard member04/05/2021
Søren Vestergaard-PoulsenDeputy chair23/04/2024
Christoffer Helsengreen SjøqvistBoard member23/04/2024
Jens Bjørn AndersenChair of the board23/04/2024
Thomas AhleBoard member01/09/2024
Founders
Steen Rode
Former management (5)
Former management at STARK Group A/S
NameRoleAppointedResigned
Christoffer Helsengreen SjøqvistDirector16/12/202004/05/2021
Søren Vestergaard-PoulsenChair of the board29/04/202122/04/2024
Christoffer Helsengreen SjøqvistDeputy chair29/04/202122/04/2024
Sisse Fjelsted RasmussenDirector04/05/202101/09/2024
Sisse Fjelsted RasmussenBoard member31/07/202101/09/2024

Signing rule: Selskabet tegnes af et bestyrelsesmedlem i forening med en direktør, af to direktører i forening eller af den samlede bestyrelse

Address and production units

2 active production units

C.F. Richs Vej 115
2000 Frederiksberg

Frederiksberg Municipality · Postcode 2000

Production units
Production unitAddressEmployeesP number
STARK Group A/SC.F. Richs Vej 115, 3, 2000 Frederiksberg681026597109
STARK Group ApSSkanderborgvej 277, 8260 Viby J11027377099

Purpose

Selskabets formål er at foretage dispositioner, som direkte eller indirekte vedrører enhver form for stiftelse, køb, besiddelse og/eller overdragelse af engagement, rettigheder, interesser i danske eller udenlandske selskaber og andre enheder samt administration, ledelse, kontrol og/eller udvikling af deltagelse, rettigheder, interesser og forpligtelser samt enhver anden virksomhed, der står i forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

31 registered events
20261 changecapital 1
  • Share capital changed from 15,000,000 DKK to 15,000,001 DKK
20251 changeaccounts 1
  • Annual report for 2025 published
202410 changesaccounts 1 · management 9
  • Annual report for 2024 published
  • Thomas Ahle appointed director
  • Thomas Ahle appointed board member
  • Sisse Fjelsted Rasmussen stepped down as board member
  • Sisse Fjelsted Rasmussen stepped down as director
  • Christoffer Helsengreen Sjøqvist appointed board member
  • Søren Vestergaard-Poulsen appointed deputy chair
  • Jens Bjørn Andersen appointed chair of the board
  • Christoffer Helsengreen Sjøqvist stepped down as deputy chair
  • Søren Vestergaard-Poulsen stepped down as chair of the board
20231 changeaccounts 1
  • Annual report for 2023 published
20221 changeaccounts 1
  • Annual report for 2022 published
202113 changesaccounts 1 · name 2 · capital 1 · management 8 · address 1
  • Annual report for 2021 published
  • Name changed from STARK Group ApS to STARK Group A/S
  • Share capital changed from 40,000 DKK to 15,000,000 DKK
  • Sisse Fjelsted Rasmussen appointed board member
  • Moved to C.F. Richs Vej 115, 3, 2000 Frederiksberg
  • Name changed from Winterfell Holding ApS to STARK Group ApS
  • Søren Peschardt Olesen appointed board member
  • Søren Peschardt Olesen appointed ceo
  • Sisse Fjelsted Rasmussen appointed director
  • Christoffer Helsengreen Sjøqvist stepped down as director
  • Christoffer Helsengreen Sjøqvist appointed deputy chair
  • Philip Bendorff Røpcke appointed board member
  • Søren Vestergaard-Poulsen appointed chair of the board
20204 changesaddress 1 · founded 1 · management 1 · ownership 1
  • Moved to Langelinie Allé 35, 2100 København Ø
  • Registered as Winterfell Holding ApS
  • Christoffer Helsengreen Sjøqvist appointed director
  • Winterfell Financing S.á r.l registered as owner (100%)

Related companies

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.

View in CVRReport a correction