FIRSTFARMS A/S: Financial statements 2025
CVR: 28312504
Source: annual report 2025, Danish Business Authority
01/01/2025 – 31/12/2025
FIRSTFARMS A/S (CVR 28312504) has filed annual accounts for 2025. In 2025, the company reported revenue of DKK 379,235,000 and a net result of DKK -20,624,000 compared with DKK 16,349,000 the year before. That is a decrease of 16.5% compared with the year before. The profit margin was -5.4%. Equity in the 2025 report amounted to DKK 899,268,000. The solvency ratio was 51.5%. The company had 374 employees in the financial year.
- Revenue
- DKK 379,235,000
- Profit/Loss
- DKK -20,624,000
- Equity
- DKK 899,268,000
- Total Assets
- DKK 1,744,808,000
- Employees
- 374
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2025 | 379.2 mio. | - | -20.6 mio. | 899.3 mio. | 374 |
| 2024 | 454 mio. | - | 16.3 mio. | 819.2 mio. | 389 |
| 2023 | 461.6 mio. | - | 26 mio. | 722.2 mio. | 364 |
| 2022 | 418.4 mio. | - | 65.5 mio. | 683.1 mio. | 328 |
| 2021 | 369.5 mio. | - | 34.8 mio. | 530.1 mio. | 318 |
Official annual report
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FIRSTFARMS A/S has published its interim report for the period January 1, 2025 – September 30, 2025.
As of December 1, 2025, AIC A/S is registered as an owner of FIRSTFARMS A/S with an ownership share of 10%.
FIRSTFARMS A/S has published its interim report for the period January 1, 2025 – June 30, 2025.
FIRSTFARMS A/S has published its interim report for the period January 1, 2025 – March 31, 2025.
FIRSTFARMS A/S has published its annual report for 2024. Revenue came to DKK 454,019,000, and the net result was DKK 16,349,000.
As of May 1, 2025, Søren Bredvig is registered as director of FIRSTFARMS A/S.
As of May 1, 2025, Michael Hyldgaard is registered as adm. dir. of FIRSTFARMS A/S.
As of May 1, 2025, Anders Holger Nørgaard has stepped down as adm. dir. of FIRSTFARMS A/S.
As of April 29, 2025, Henrik Hougaard has joined the board of directors of FIRSTFARMS A/S.
As of April 29, 2025, Asbjørn Børsting has joined the board of directors of FIRSTFARMS A/S.
About FIRSTFARMS A/S
FIRSTFARMS A/S is a Danish company of the type Aktieselskab based in Billund, founded in 2004. The company is registered under the industry Virksomhedsrådgivning og anden ledelsesrådgivning. The company was previously named FIRSTFARMS ApS and SLOVAKIA HOLDING ApS. The management consists of Michael Hyldgaard and Søren Bredvig. The board consists of Asbjørn Børsting (chair), Henrik Hougaard, Bendt Tido Hannibal Wedell and Claus Ewers. The company's owners include THORASO ApS, AIC A/S and CONSTANTINSBORG A/S. The company has 12 employees (2026). In 2025, the company reported revenue of DKK 379,235,000 and a net result of DKK -20,624,000 compared with DKK 16,349,000 the year before. Equity in the 2025 report amounted to DKK 899,268,000.