Owners, management and financials
CVR: 28312504
Secondary names: SLOVAKIA HOLDING A/S, FIRST FARMS A/S, FIRST-FARMS A/S
Previous names: SLOVAKIA HOLDING ApS, FIRSTFARMS ApS
DKK 379,235,000
Revenue
Net result: DKK -20,624,000
THORASO ApS (10-14,99%), AIC A/S (10-14,99%)
2 more
CVR · view owners
Michael Hyldgaard, Søren Bredvig
Board: Asbjørn Børsting (chair) and 5 members
CVR · view management
Active
Founded 22 December 2004
CVR · view overview
12 employees
CVR · 2026
Owner registered: AIC A/S
CVR · 01/12/2025
View the full event history
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.
Source: annual report 2025, Danish Business Authority
The financial health of FIRSTFARMS A/S has shown significant volatility, particularly in profitability. In 2025, the company reported a revenue of 379,235,000 DKK but incurred a loss of 20,624,000 DKK, a stark contrast to the previous year's profit of 16,349,000 DKK on revenue of 454,019,000 DKK. The interim results for the first half of 2026 indicate a continuation of this trend, with a loss of 48,205,000 DKK on revenue of 199,589,000 DKK, compared to a profit of 4,756,000 DKK during the same period in 2025. Despite a strong equity position of 899,268,000 DKK, the declining profitability raises concerns about operational efficiency and market positioning within the consulting industry. Overall, the company appears to be facing challenges that could hinder its growth trajectory if not addressed.
AI-generated summary · Generated 29/08/2026
Selskabets formål er direkte eller indirekte at foretage investeringer i landbrug eller selskaber, der driver sådanne samt drive virksomhed med produktion og handel og anden virksomhed, der efter bestyrelsens skøn er forbunden hermed.
Source: annual reports filed with the Danish Business Authority.
| Period | Revenue | Profit/Loss | Total Assets | Equity | Employees | Report |
|---|---|---|---|---|---|---|
| 202501/01/2025 – 31/12/2025 | 379.2 mio. | -20.6 mio. | 1.7 mia. | 899.3 mio. | 374 | |
| 202401/01/2024 – 31/12/2024 | 454 mio. | 16.3 mio. | 1.7 mia. | 819.2 mio. | 389 | |
| 202301/01/2023 – 31/12/2023 | 461.6 mio. | 26 mio. | 1.5 mia. | 722.2 mio. | 364 | |
| 202201/01/2022 – 31/12/2022 | 418.4 mio. | 65.5 mio. | 1.3 mia. | 683.1 mio. | 328 | |
| 202101/01/2021 – 31/12/2021 | 369.5 mio. | 34.8 mio. | 1.1 mia. | 530.1 mio. | 318 | |
| 202001/01/2020 – 31/12/2020 | 312.6 mio. | 24.8 mio. | 1.1 mia. | 483.5 mio. | - | |
| 201901/01/2019 – 31/12/2019 | 328.1 mio. | 22.4 mio. | 1.1 mia. | 392.3 mio. | - | |
| 201801/01/2018 – 31/12/2018 | 248.9 mio. | 8.1 mio. | 774.5 mio. | 370.1 mio. | - | |
| 201701/01/2017 – 31/12/2017 | 190.7 mio. | 3.4 mio. | 616.6 mio. | 315.1 mio. | - | |
| 201601/01/2016 – 31/12/2016 | 130.3 mio. | -13 mio. | 515.5 mio. | 292.8 mio. | - | |
| 201501/01/2015 – 31/12/2015 | 111.8 mio. | -22 mio. | 525.9 mio. | 306.2 mio. | - | |
| 201401/01/2014 – 31/12/2014 | 125 mio. | 8.8 mio. | 505.8 mio. | 328.7 mio. | - |
Daily closing prices, Nasdaq Copenhagen
Compared to 11.526 companies in Virksomhedsrådgivning og anden ledelsesrådgivning
Comparison is based on industry median values
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Try company screeningThe CVR number of FIRSTFARMS A/S is 28312504.
The owners of FIRSTFARMS A/S include THORASO ApS, AIC A/S and CONSTANTINSBORG A/S.
The management of FIRSTFARMS A/S consists of Michael Hyldgaard and Søren Bredvig.
The board of FIRSTFARMS A/S consists of Asbjørn Børsting, Henrik Hougaard and Bendt Tido Hannibal Wedell, with Asbjørn Børsting as chair.
In 2025, FIRSTFARMS A/S reported revenue of DKK 379,235,000.
FIRSTFARMS A/S had 12 employees in 2026 according to the Danish CVR register.
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FIRSTFARMS A/S has published its interim report for the period January 1, 2026 to June 30, 2026.
FIRSTFARMS A/S has published its annual report for 2025. Revenue came to DKK 379,235,000, and the net result was DKK -20,624,000.
FIRSTFARMS A/S has published its interim report for the period January 1, 2025 to 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 to June 30, 2025.
FIRSTFARMS A/S has published its interim report for the period January 1, 2025 to 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.
As of April 29, 2025, Jesper Langkilde Pagh has joined the board of directors of FIRSTFARMS A/S.
As of April 29, 2025, Karina Grosen Boldsen has left the board of directors of FIRSTFARMS A/S.
As of April 29, 2025, Jens Bolding Jensen has left the board of directors of FIRSTFARMS A/S.
As of April 28, 2025, Henrik Hougaard has left the board of directors of FIRSTFARMS A/S.
As of April 28, 2025, Asbjørn Børsting has left the board of directors of FIRSTFARMS A/S.
As of March 6, 2025, CONSTANTINSBORG A/S is registered as an owner of FIRSTFARMS A/S with an ownership share of 25%.
As of March 6, 2025, Thoraso Holding ApS is registered as an owner of FIRSTFARMS A/S with an ownership share of 5%.
FIRSTFARMS A/S has published its interim report for the period January 1, 2024 to September 30, 2024.
FIRSTFARMS A/S has published its interim report for the period January 1, 2024 to June 30, 2024.
FIRSTFARMS A/S has published its interim report for the period January 1, 2024 to March 31, 2024.
FIRSTFARMS A/S has published its annual report for 2023. Revenue came to DKK 461,562,000, and the net result was DKK 26,042,000.
As of April 16, 2024, Lise Kaae has joined the board of directors of FIRSTFARMS A/S.
FIRSTFARMS A/S has published its interim report for the period January 1, 2023 to September 30, 2023.
FIRSTFARMS A/S has published its interim report for the period January 1, 2023 to June 30, 2023.
FIRSTFARMS A/S has published its annual report for 2022. Revenue came to DKK 418,389,000, and the net result was DKK 65,466,000.
FIRSTFARMS A/S has published its interim report for the period January 1, 2022 to September 30, 2022.
FIRSTFARMS A/S has published its interim report for the period January 1, 2022 to June 30, 2022.
FIRSTFARMS A/S has published its interim report for the period January 1, 2022 to March 31, 2022.
FIRSTFARMS A/S has published its annual report for 2021. Revenue came to DKK 369,483,000, and the net result was DKK 34,755,000.
As of April 26, 2022, Claus Ewers has joined the board of directors of FIRSTFARMS A/S.
FIRSTFARMS A/S has published its interim report for the period January 1, 2021 to September 30, 2021.
FIRSTFARMS A/S has published its interim report for the period January 1, 2021 to June 30, 2021.
FIRSTFARMS A/S has published its interim report for the period January 1, 2021 to March 31, 2021.
FIRSTFARMS A/S has published its annual report for 2020. Revenue came to DKK 312,616,000, and the net result was DKK 24,794,000.
FIRSTFARMS A/S has published its interim report for the period January 1, 2020 to September 30, 2020.
FIRSTFARMS A/S has published its interim report for the period January 1, 2020 to June 30, 2020.
FIRSTFARMS A/S has published its interim report for the period January 1, 2020 to March 31, 2020.
As of June 11, 2020, THORASO ApS is registered as an owner of FIRSTFARMS A/S with an ownership share of 10%.
FIRSTFARMS A/S has published its annual report for 2019. Revenue came to DKK 328,072,000, and the net result was DKK 22,425,000.
As of April 28, 2020, Bendt Tido Hannibal Wedell has joined the board of directors of FIRSTFARMS A/S.
As of April 28, 2020, Karina Grosen Boldsen has joined the board of directors of FIRSTFARMS A/S.
As of April 28, 2020, Bent Juul Jensen has left the board of directors of FIRSTFARMS A/S.
FIRSTFARMS A/S has published its interim report for the period January 1, 2019 to September 30, 2019.
FIRSTFARMS A/S has published its interim report for the period January 1, 2019 to June 30, 2019.
FIRSTFARMS A/S has published its interim report for the period January 1, 2019 to March 31, 2019.
FIRSTFARMS A/S has published its annual report for 2018. Revenue came to DKK 248,876,000, and the net result was DKK 8,131,000.
As of December 21, 2018, Asbjørn Børsting has joined the board of directors of FIRSTFARMS A/S.
As of December 20, 2018, Asbjørn Børsting has left the board of directors of FIRSTFARMS A/S.
FIRSTFARMS A/S has published its interim report for the period January 1, 2018 to September 30, 2018.
FIRSTFARMS A/S has published its interim report for the period January 1, 2018 to June 30, 2018.
FIRSTFARMS A/S has published its interim report for the period January 1, 2018 to March 31, 2018.
FIRSTFARMS A/S has published its annual report for 2017. Revenue came to DKK 190,666,000, and the net result was DKK 3,359,000.
FIRSTFARMS A/S has published its interim report for the period January 1, 2017 to September 30, 2017.
FIRSTFARMS A/S has published its interim report for the period January 1, 2017 to June 30, 2017.
FIRSTFARMS A/S has published its interim report for the period January 1, 2017 to March 31, 2017.
FIRSTFARMS A/S has published its annual report for 2016. Revenue came to DKK 130,257,000, and the net result was DKK -12,957,000.
As of April 25, 2017, PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB has been appointed auditor of FIRSTFARMS A/S.
As of April 25, 2017, EY Godkendt Revisionspartnerselskab has stepped down as auditor of FIRSTFARMS A/S.
FIRSTFARMS A/S has published its interim report for the period January 1, 2016 to March 31, 2016.
As of April 26, 2016, John Christian Aasted has left the board of directors of FIRSTFARMS A/S.
FIRSTFARMS A/S has published its interim report for the period January 1, 2015 to September 30, 2015.
FIRSTFARMS A/S has published its interim report for the period January 1, 2015 to June 30, 2015.
FIRSTFARMS A/S has published its interim report for the period January 1, 2015 to March 31, 2015.
FIRSTFARMS A/S has published its annual report for 2014. Revenue came to DKK 125,008,000, and the net result was DKK 8,827,000.
FIRSTFARMS A/S has published its annual report for 2013.
As of April 30, 2014, Asbjørn Børsting has joined the board of directors of FIRSTFARMS A/S.
As of April 30, 2014, Lars Allan Thomassen has left the board of directors of FIRSTFARMS A/S.
FIRSTFARMS A/S has published its annual report for 2012.
As of April 23, 2013, Bent Juul Jensen has joined the board of directors of FIRSTFARMS A/S.
As of April 23, 2013, John Christian Aasted has joined the board of directors of FIRSTFARMS A/S.
As of April 23, 2013, Jens Bolding Jensen has joined the board of directors of FIRSTFARMS A/S.
As of April 23, 2013, Peder Mouritsen has left the board of directors of FIRSTFARMS A/S.
As of April 23, 2013, Kjeld Lindberg Iversen has left the board of directors of FIRSTFARMS A/S.
As of April 23, 2013, Jens Møller has left the board of directors of FIRSTFARMS A/S.
As of June 1, 2012, Anders Holger Nørgaard is registered as adm. dir. of FIRSTFARMS A/S.
As of June 1, 2012, Per Villumsen has stepped down as adm. dir. of FIRSTFARMS A/S.
As of April 28, 2011, Peder Mouritsen has joined the board of directors of FIRSTFARMS A/S.
As of April 28, 2011, Per Villumsen has left the board of directors of FIRSTFARMS A/S.
As of February 18, 2010, Per Villumsen is registered as adm. dir. of FIRSTFARMS A/S.
As of February 18, 2010, Kim Abildgaard Stokholm has stepped down as director of FIRSTFARMS A/S.
As of April 21, 2009, EY Godkendt Revisionspartnerselskab has been appointed auditor of FIRSTFARMS A/S.
As of April 21, 2009, K P M G C JESPERSEN ÅRHUS I/S has stepped down as auditor of FIRSTFARMS A/S.
As of April 21, 2009, Per Villumsen has joined the board of directors of FIRSTFARMS A/S.
As of April 21, 2009, Stig Axel Andersson has left the board of directors of FIRSTFARMS A/S.
As of April 25, 2007, K P M G C JESPERSEN ÅRHUS I/S has been appointed auditor of FIRSTFARMS A/S.
As of October 27, 2006, Per Villumsen has left the board of directors of FIRSTFARMS A/S.
As of October 27, 2006, Tom Gunnar Høeg has left the board of directors of FIRSTFARMS A/S.
As of September 21, 2006, Lars Allan Thomassen has joined the board of directors of FIRSTFARMS A/S.
As of September 21, 2006, Kjeld Lindberg Iversen has joined the board of directors of FIRSTFARMS A/S.
As of September 21, 2006, Jens Møller has joined the board of directors of FIRSTFARMS A/S.
As of September 21, 2006, Kim Abildgaard Stokholm is registered as director of FIRSTFARMS A/S.
On September 21, 2006, the company changed its name from FIRSTFARMS ApS to FIRSTFARMS A/S.
As of September 6, 2006, Henrik Hougaard has joined the board of directors of FIRSTFARMS A/S.
As of September 6, 2006, Kurt Landtved has left the board of directors of FIRSTFARMS A/S.
As of September 6, 2006, Gudmund Kristensen has left the board of directors of FIRSTFARMS A/S.
As of September 6, 2006, Bjarne Skou has left the board of directors of FIRSTFARMS A/S.
As of September 6, 2006, Johan Johansen Schmidt has left the board of directors of FIRSTFARMS A/S.
On September 6, 2006, the company changed its name from SLOVAKIA HOLDING ApS to FIRSTFARMS ApS.
As of March 10, 2006, VESTSLESVIGS LANDBRUGSCENTER has stepped down as auditor of FIRSTFARMS A/S.
As of December 22, 2004, VESTSLESVIGS LANDBRUGSCENTER has been appointed auditor of FIRSTFARMS A/S.
As of December 22, 2004, Kurt Landtved has joined the board of directors of FIRSTFARMS A/S.
As of December 22, 2004, Stig Axel Andersson has joined the board of directors of FIRSTFARMS A/S.
As of December 22, 2004, Gudmund Kristensen has joined the board of directors of FIRSTFARMS A/S.
As of December 22, 2004, Bjarne Skou has joined the board of directors of FIRSTFARMS A/S.
As of December 22, 2004, Johan Johansen Schmidt has joined the board of directors of FIRSTFARMS A/S.
As of December 22, 2004, Per Villumsen has joined the board of directors of FIRSTFARMS A/S.
As of December 22, 2004, Tom Gunnar Høeg has joined the board of directors of FIRSTFARMS A/S.
FIRSTFARMS A/S was founded on December 22, 2004.
2 news items and press releases
Delårsrapport 1. januar – 30. juni 2026 for FirstFarms A/S
FirstFarms nedjusterer forventningerne til året grundet tørke i Slovakiet samt fald i grisepriser
Sources: Via Ritzau and Danish news media. Links open at the source.
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