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Forstas A/S: Financial statements 2023

CVR: 29615756

Source: annual report 2023, Danish Business Authority

01/01/2023 – 31/12/2023

Forstas A/S (CVR 29615756) has filed annual accounts for 2023. In 2023, the company reported revenue of DKK 343,050,724 and a net result of DKK 11,636,186 compared with DKK 14,038,211 the year before. That is an increase of 11.4% compared with the year before. The profit margin was 3.4%. Equity in the 2023 report amounted to DKK 52,667,453. The solvency ratio was 29.2%. The company had 233 employees in the financial year.

Revenue
DKK 343,050,724
Gross Profit
DKK 171,325,359
Profit/Loss
DKK 11,636,186
Equity
DKK 52,667,453
Total Assets
DKK 180,435,636
Employees
233

Development

YearRevenueGross ProfitProfit/LossEquityEmployees
2023343.1 mio.171.3 mio.11.6 mio.52.7 mio.233
2022307.8 mio.150.9 mio.14 mio.47 mio.207
2021267.8 mio.133.1 mio.9.7 mio.39 mio.208
2020254.9 mio.134.4 mio.8.5 mio.29.3 mio.219
2019-141 mio.-1.8 mio.20.7 mio.259

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Events in 2023

Forstas A/S wins public contractDec 13, 2023

Forstas A/S has won the tender "Kat. 4: Nye trapper, Mellem Broerne, Ringsted" issued by Banedanmark worth 260 DKK.

Forstas A/S wins public contractDec 13, 2023

Forstas A/S has won the tender "Kat. 4: Etablering og vedligehold af adgangsveje i Nordjylland" issued by Banedanmark worth 2,143,600 DKK.

Forstas A/S wins public contractDec 13, 2023

Forstas A/S has won the tender "Kat. 4: Etablering og vedligehold af adgangsveje i Sydjylland og Fyn" issued by Banedanmark worth 2,245,300 DKK.

Forstas A/S wins public contractDec 13, 2023

Forstas A/S has won the tender "Kat. 4: Etablering og vedligehold af adgangsveje på Sjælland" issued by Banedanmark worth 2,245,300 DKK.

Forstas A/S wins public contractDec 7, 2023

Forstas A/S has won the tender "Kat. 1: Vandløbsforlægning og brinksikring på BTR 30 km 4,05" issued by Banedanmark worth 226 DKK.

Forstas A/S wins public contractDec 7, 2023

Forstas A/S has won the tender "Kat. 2: Tib 34 – Fornyelse af dræn km 2,60 til km 3,30 bhs" issued by Banedanmark worth 2,051,315 DKK.

Forstas A/S wins public contractOct 23, 2023

Forstas A/S has won the tender "Kat. 2: Funktionseftersyn Sydjylland" issued by Banedanmark worth 583,875 DKK.

Forstas A/S wins public contractOct 23, 2023

Forstas A/S has won the tender "Kat. 2: Drift af fokuspunkter på Btr 23, 26, 29 og 33" issued by Banedanmark worth 591,537 DKK.

Forstas A/S wins public contractOct 23, 2023

Forstas A/S has won the tender "Kat. 6: 35_73,155-73,305 strømpeforing" issued by Banedanmark worth 563,800 DKK.

Forstas A/S wins public contractOct 23, 2023

Forstas A/S has won the tender "Kat. 6: 24_194,920-195,050 drænfornyelse" issued by Banedanmark worth 374,180 DKK.

About Forstas A/S

Forstas A/S is a Danish company of the type Aktieselskab based in Fredericia, founded in 2006. The company is registered under the industry Landskabspleje. The company was previously named FORSTAS A/S and FORSTAS ApS. The management consists of Morten Bach Madsen. The board consists of Thomas Munch Sørensen (chair), Svend Erik Skovhus, Lars Beck and Martin Meyer Bertelsen. The company is owned by MUNCH SØRENSEN HOLDING ApS. The company has 490 employees (2026). In 2025, the company reported revenue of DKK 465,734,679 and a net result of DKK 7,736,914 compared with DKK 17,038,586 the year before. Equity in the 2025 report amounted to DKK 62,442,953.

Source: annual report 2025, Danish Business Authority