Frode Laursen A/S
A/SActiveAdvertising protectionCVR 29482713Vittenvej 88A, 8382 HinnerupFreight transport by road· NACE 4941Est. 1970 · 56 years old991 employees
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Overview
Frode Laursen A/S is a Danish A/S based in Hinnerup, operating in the Freight transport by road sector. Incorporated in 1970, the company has 991 employees and reported revenue of DKK 2.4bn in its latest annual filing.
Revenue 2025
2.4B DKK
+7% vs 2024
EBITDA margin
2.8 %
−1% vs 2024
Net profit 2025
0B DKK
+30% vs 2024
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
28.9 %
WeakAmong the 40% lowest rated companies in the industry
20212025
Liquidity ratioCurrent assets ÷ Short-term debt
1.2×
AverageAround the average of companies in the same industry
20212025
Return on assets (ROA)Net profit ÷ Total assets × 100
4.1 %
AverageAround the average of companies in the same industry
20212025
EBITDA — year on year
DKK millionsKey figures
Annual report 2025| Revenue | 2.4B DKK | +7% |
| EBITDA | 0.1B DKK | -1% |
| Net profit | 0B DKK | +30% |
| Total assets | 0.9B DKK | +15% |
| Equity | 0.2B DKK | +2% |
| Employees | 991 | — |
Company information
Legal name
FRODE LAURSEN A/S
CVR number
29482713
Legal form
Aktieselskab
NACE code
4941 · Freight transport by road
Founded
25 September 1970 · 56 years
Share capital
DKK 5,525,000
Employees
991 (FTE)
VAT registered
Yes
Audit selected
Yes
Last report
2025-12-31
Financial year
January – December
Signatory rights
Selskabet tegnes af tre medlemmer af bestyrelsen i forening, af en direktør i forening med et
bestyrelsesmedlem, af bestyrelsesformanden og et bestyrelsesmedlem i forening eller af den samlede bestyrelse.
Company purpose
Selskabets formål er at drive vognmandsforretning og anden dermed beslægtet virksomhed, herunder også at være interesseret som aktionær eller på anden måde i andre virksomheder med samme formål samt at drive handel og investering
(no translation available)
Contact
Address
Vittenvej 88A, 8382 Hinnerup
Phone
+45 8764 6464
Email
skmat@frode-laursen.com
Advertising protection
Active — opted out of marketing use
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Financial development
In its most recent annual report (2025), Frode Laursen A/S reported revenue of DKK 2.4bn, an increase of 7% on the year before. The figures on this page draw on 5 annual filings covering 2021 to 2025. The bottom line showed a net profit of DKK 35.1m, and the EBITDA margin stood at 2.8%.
At the end of 2025, equity financed 28.9% of the balance sheet, and current assets covered short-term debt 1.2 times.
Financials
Revenue
DKK millionsEBITDA
DKK millionsIncome statement
DKK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 2,429,442 | 2,269,638 | 2,153,767 | 2,289,915 | 2,013,049 |
| Staff expenses | -491,175 | -459,548 | -437,543 | -0 | -130,415 |
| EBITDA | 67,265 | 67,950 | 48,327 | 45,971 | 44,468 |
| Depreciation & amort. | -23,618 | -22,805 | -25,504 | -0 | -0 |
| EBIT | 43,647 | 45,145 | 22,823 | 45,971 | 44 |
| Net financials | 1,053 | -10,090 | 1,542 | -1,749 | -4,763 |
| Profit before tax | 44,700 | 35,055 | 24,365 | 44,222 | 39,705 |
| Tax | 9,618 | 8,143 | 3,803 | 8,488 | 8,902 |
| Net profit | 35,082 | 26,912 | 20,562 | 35,734 | 30,803 |
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Balance sheet
DKK thousands| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 852,676 | 741,181 | 778,372 | 832,369 | 722,879 |
| Equity | 246,550 | 241,132 | 224,287 | 220,066 | 200,475 |
| Long-term debt | 0 | 663 | 1,348 | 1,976 | 2,577 |
| Short-term debt | 605,643 | 499,188 | 551,585 | 608,996 | 518,445 |
| Total debt | 605,643 | 499,851 | 552,933 | 610,972 | 521,022 |
Financial ratios
5-year trendEBITDA margin
2.8 %
20212025
Equity ratio
28.9 %
WeakAmong the 40% lowest rated companies in the industry
20212025
Return on equity
14.2 %
AverageAround the average of companies in the same industry
20212025
Net profit margin
1.4 %
AverageAround the average of companies in the same industry
20212025
Asset turnover
2.85×
StrongAmong the 30% highest rated companies in the industry
20212025
Debt / equity
2.46×
WeakAmong the 30% lowest rated companies in the industry
20212025
Sector performance
28 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Gross marginVery weak
Among the 20% lowest rated companies in the industry
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginAverage
Around the average of companies in the same industry
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginAverage
Around the average of companies in the same industry
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Return on equity (ROE)Average
Around the average of companies in the same industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Average
Around the average of companies in the same industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Average
Around the average of companies in the same industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Average
Around the average of companies in the same industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioStrong
Among the 30% highest rated companies in the industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Liquidity
Current ratioAverage
Around the average of companies in the same industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioAverage
Around the average of companies in the same industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioVery weak
Among the 20% lowest rated companies in the industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityVery weak
Among the 20% lowest rated companies in the industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalAverage
Around the average of companies in the same industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioStrong
Among the 30% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioWeak
Among the 40% lowest rated companies in the industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioWeak
Among the 40% lowest rated companies in the industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityWeak
Among the 30% lowest rated companies in the industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityWeak
Among the 30% lowest rated companies in the industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtAverage
Around the average of companies in the same industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtWeak
Among the 40% lowest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageAverage
Around the average of companies in the same industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtAverage
Around the average of companies in the same industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginAverage
Around the average of companies in the same industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Asset turnoverStrong
Among the 30% highest rated companies in the industry
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverAverage
Around the average of companies in the same industry
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Equity to contributed capitalVery strong
Among the 20% highest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityAverage
Around the average of companies in the same industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtWeak
Among the 40% lowest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Annual reports & filings
- Annual report 2025Filed via CVR / Virk · Period 2025-01-01 – 2025-12-31
- Annual report 2024Filed via CVR / Virk · Period 2024-01-01 – 2024-12-31
- Annual report 2023Filed via CVR / Virk · Period 2023-01-01 – 2023-12-31
- Annual report 2022Filed via CVR / Virk · Period 2022-01-01 – 2022-12-31
- Annual report 2021Filed via CVR / Virk · Period 2021-01-01 – 2021-12-31
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|---|---|
| Current (4) | ||
GH Deputy | Deputy | 2023 |
AA | Deputy | 2023 |
TM Chief Executive Officer | Chief Executive Officer | 2021 |
MM Management | Management | 2025 |
Former (25)
SB Deputy | Deputy | 1970 – 1991 |
| Audit | 1970 – 1996 | |
ON Deputy | Deputy | 1970 – 1999 |
TS Chief Executive Officer | Chief Executive Officer | 1970 – 1993 |
SG Deputy | Deputy | 2015 – 2022 |
BL Deputy | Deputy | 1970 – 1999 |
PA Chief Executive Officer | Chief Executive Officer | 1970 – 1988 |
JA Deputy | Deputy | 2011 – 2015 |
BN Deputy | Deputy | 1970 – 1995 |
JB Management | Management | 2010 – 2017 |
LC | Deputy | 1970 – 1995 |
KC | Deputy | 1999 – 2003 |
NB Management | Management | 1970 – 1989 |
PB Management | Management | 2017 – 2018 |
Kl Deputy | Deputy | 2007 – 2011 |
Il Deputy | Deputy | 2007 – 2011 |
DR Management | Management | 2017 – 2022 |
BT Deputy | Deputy | 2015 – 2019 |
JL Management | Management | 1998 – 2012 |
SL Deputy | Deputy | 2011 – 2015 |
OM Deputy | Deputy | 2003 – 2007 |
JB Management | Management | 2022 – 2025 |
JH Management | Management | 2011 – 2017 |
SS Deputy | Deputy | 2019 – 2023 |
AB Management | Management | 1970 – 2010 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|---|---|
| Current (7) | ||
TS Chairman | Chairman | 2021 |
MH Board of Directors | Board of Directors | 2019 |
JB Board of Directors | Board of Directors | 2023 |
KF Board of Directors | Board of Directors | 2021 |
CH Board of Directors | Board of Directors | 2026 |
MS Board of Directors | Board of Directors | 2026 |
AS Board of Directors | Board of Directors | 1970 |
Former (18)
NS Chairman | Chairman | 1970 – 1990 |
BW Board of Directors | Board of Directors | 2015 – 2026 |
KH Chairman | Chairman | 1970 – 2009 |
HM Board of Directors | Board of Directors | 1970 – 1995 |
PV Board of Directors | Board of Directors | 1970 – 1991 |
BM Board of Directors | Board of Directors | 2003 – 2023 |
BL Board of Directors | Board of Directors | 1999 – 2003 |
PA Board of Directors | Board of Directors | 1970 – 1988 |
JA Board of Directors | Board of Directors | 2007 – 2011 |
JB Board of Directors | Board of Directors | 2009 – 2014 |
CØ Board of Directors | Board of Directors | 2015 – 2020 |
NB Board of Directors | Board of Directors | 1970 – 1989 |
Il Board of Directors | Board of Directors | 2011 – 2019 |
IB Board of Directors | Board of Directors | 1970 – 1988 |
SA Board of Directors | Board of Directors | 1970 – 1999 |
EM Board of Directors | Board of Directors | 2001 – 2026 |
JA Board of Directors | Board of Directors | 1970 – 1988 |
OM Board of Directors | Board of Directors | 2003 – 2003 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 1989 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
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Company hierarchy
Holtshøjens Holding A/S
Frode Laursen A/S Board network connections
Board members of Frode Laursen A/S also hold positions in 197 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Thorkil Stæhr Andersen | Chief Executive Officer | 36 companiesMany roles |
| Annie Stæhr Thomsen | Board of Directors | 31 companiesMany roles |
| Mira Stæhr Andersen | Board of Directors | 25 companiesMany roles |
| Kim Frimer | Board of Directors | 20 companiesMany roles |
| Jesper Lennart Sørensen | Management | 13 companiesMany roles |
| Jesper Bejstrup | Management | 11 companiesMany roles |
| Anders Balle | Management | 9 companiesMany roles |
| Jørgen Balle | Management | 8 companiesMany roles |
| Thomas Mølschow Corneliussen | Chief Executive Officer | 6 companiesMany roles |
| Mikael Mortensen | Management | 6 companiesMany roles |
| Johnny Børge Hansen | Board of Directors | 6 companiesMany roles |
| Per Brian Jørgensen | Management | 4 companies |
| Jakob Holm Christensen | Management | 4 companies |
| Bjarne Werner Munck | Board of Directors | 4 companies |
| Jan Ankjær Sørensen | Board of Directors | 4 companies |
| Skjold Bruhn Mathiesen | Deputy | 2 companies |
| Steen Gehlert | Deputy | 1 company |
| Kurt Christian Schmidt Fagerlin | Deputy | 1 company |
| Kim le Fevre Lucas | Deputy | 1 company |
| Dennis Rytter Petersen | Management | 1 company |
| Morten Hintse Hansen | Board of Directors | 1 company |
| Per Vinsten | Board of Directors | 1 company |
| Carsten Ørnbo | Board of Directors | 1 company |
| Carsten Hänel | Board of Directors | 1 company |
Frequently asked questions
What is the CVR number of Frode Laursen A/S?
Frode Laursen A/S is registered with CVR / Virk under CVR 29482713.
What is the revenue of Frode Laursen A/S?
Frode Laursen A/S reported revenue of DKK 2.4bn in 2025.
How many employees does Frode Laursen A/S have?
Frode Laursen A/S employs 991 people as of the latest annual report.
Who is the CEO of Frode Laursen A/S?
Thomas Mølschow Corneliussen is the CEO of Frode Laursen A/S, in role since 2021.
Who is the chairman of Frode Laursen A/S?
Thorkil Stæhr Andersen chairs the board of Frode Laursen A/S, in role since 2021.
Where is Frode Laursen A/S headquartered?
Frode Laursen A/S's registered address is Vittenvej 88A.