FirstFarms Hungary A/S
CVR 26156270 · Public limited company (A/S) · Active · Low risk
FirstFarms Hungary A/S is a Public limited company (A/S), founded on , based in Billund. The company is registered in the industry landbrugskonsulenters aktiviteter. Our model estimates a bankruptcy risk of 0.0% over the next 12 months, which is 0.0 times the average for Danish companies. 20 annual reports have been published, of which 2 more than six months after the end of the financial year. The latest annual report (31 Dec 2025) shows equity of DKK 73.4m and a net result of DKK -2.8m. CEO: Morten Knudsgaard.
Bankruptcy risk for FirstFarms Hungary A/S
0.0 × the average (1.41%) · higher risk than 18% of active Danish companies
Increases the risk
Reduces the risk
The factors show how often companies with the same characteristic went bankrupt compared with the average (“lift”). The risk is a statistical estimate from a model trained on 141,000+ Danish bankruptcies (AUC 0.93) – not a credit rating. Read about the method.
Company details
- CVR number
- 26156270
- Status
- Active
- Company type
- Public limited company (A/S)
- Founded
- (25 years)
- Address
- Majsmarken 1
7190 Billund - Municipality
- Billund
- Industry
- Landbrugskonsulenters aktiviteter (749910)
Bankruptcies in the industry: Andre liberale, videnskabelige og tekniske tjenesteydelser i.a.n. - Share capital
- DKK 3.9m
- Employees
- 0 (2018)
- Auditor
- PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
- Audit opted out
- No
Warning signs
| Annual reports filed late | 3 of 24 |
| Missing annual report | No |
| Negative equity | No |
| Equity ratio | 100.0% |
| Current ratio | 10,903% |
| Moves (last 2 years) | 0 |
| CEO changes in total | 3 |
| CEO's previous bankruptcies | 0 |
| Other companies at the address | 14 |
| Going-concern uncertainty | No |
Financials and key figures
| Financial year | 2025 | 2024 |
|---|---|---|
| Gross profit | DKK -10k | DKK -29k |
| Net profit | DKK -2.8m | DKK -2.5m |
| Equity | DKK 73.4m | DKK -9.9m |
| Total assets | DKK 73.4m | DKK 34.7m |
| Cash | DKK 7,543 | – |
| Short-term debt | DKK 8,175 | – |
| Avg. employees | 0 | – |
Latest annual report: Reporting class B · auditor's statement: Revisionspåtegning · PricewaterhouseCoopers Statsautoriseret Revisionspartnerselskab.
Filed annual reports
| Reporting period | Published | Days after period end | |
|---|---|---|---|
| 1 Jan 2025 – 31 Dec 2025 | 166 | ||
| 1 Jan 2024 – 31 Dec 2024 | 169 | ||
| 1 Jan 2023 – 31 Dec 2023 | 166 | ||
| 1 Jan 2022 – 31 Dec 2022 | 177 | ||
| 1 Jan 2021 – 31 Dec 2021 | 161 | ||
| 1 Jan 2020 – 31 Dec 2020 | 158 | ||
| 1 Jan 2019 – 31 Dec 2019 | 253 | Late | |
| 1 Jan 2018 – 31 Dec 2018 | 169 | ||
| 1 Jan 2017 – 31 Dec 2017 | 166 | ||
| 1 Jan 2016 – 31 Dec 2016 | 135 | ||
| 1 Jan 2015 – 31 Dec 2015 | 147 | ||
| 1 Jan 2014 – 31 Dec 2014 | 149 | ||
| 1 Jan 2013 – 31 Dec 2013 | 142 | ||
| 1 Jan 2012 – 31 Dec 2012 | 130 | ||
| 1 Jan 2011 – 31 Dec 2011 | 131 | ||
| 1 Jan 2010 – 31 Dec 2010 | 150 | ||
| 1 Jan 2009 – 31 Dec 2009 | 174 | ||
| 1 Jan 2008 – 31 Dec 2008 | 126 | ||
| 1 Jan 2007 – 31 Dec 2007 | 184 | Late | |
| 1 Jan 2006 – 31 Dec 2006 | 137 |
The annual report must reach the Danish Business Authority no later than 5 months after the end of the financial year. We mark reports published more than 6 months after as “late”.
Management, owners and auditor
| Role | Name | From | To |
|---|---|---|---|
| CEO | Morten Knudsgaard | Current | |
| CEO | Kent Skaanning | ||
| Board | Søren Bredvig | Current | |
| Board | Michael Hyldgaard | Current | |
| Board | Christian Bruhn Gerdes | Current | |
| Board | Jan Christiansen | ||
| Board | Hans Christian Jørgensen | ||
| Board | René Krøll Prammann Jørgensen | ||
| Board | Lone Knudsgaard | ||
| Board | Morten Knudsgaard | ||
| Board | Kent Skaanning | ||
| Board | Kristen Vendelboe | ||
| Board | Ole Rask Kappel | ||
| Board | Kristian Lundgaard-Karlshøj | ||
| Board | Steen Bitsch | ||
| Board | Kristen Vendelboe | ||
| Board | Bent Bjørndahl Graversen | ||
| Board | Anders Holger Nørgaard | ||
| Board | Jørgen Svendsen | ||
| Board | Michael Hyldgaard | ||
| Board | Søren Sjørup Kristensen | ||
| Owner (100%) | FIRSTFARMS A/S | Current | |
| Owner (15%) | Kirsten Skou Lundgaard-Karlshøj | ||
| Owner (5%) | Ole Rask Kappel | ||
| Owner (15%) | Morten Knudsgaard | ||
| Owner (5%) | GRAVERSEN ApS | ||
| Owner (5%) | KØLHEDE INVEST A/S | ||
| Owner (5%) | Kent Skaanning | ||
| Owner (5%) | JOMINI INVEST ApS | ||
| Owner (10%) | HOLM MINK A/S | ||
| Owner (5%) | VESTER BJERRUM INVEST ApS | ||
| Owner (5%) | 1234sept ApS | ||
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB | Current | |
| Auditor | PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB | ||
| Auditor | Qurios Statsautoriseret Revisionsinteressentskab | ||
| Auditor | EY Godkendt Revisionspartnerselskab | ||
| Founder | Kent Skaanning | Current | |
| Founder | Ole Rask Kappel | Current | |
| Founder | Morten Knudsgaard | Current | |
| Founder | Jan Christiansen | Current | |
| Founder | Hans Christian Jørgensen | Current | |
| Founder | René Krøll Prammann Jørgensen | Current | |
| Founder | Lone Knudsgaard | Current |
The CEOs' other companies
Morten Knudsgaard – 10 other companies, of which 1 bankrupt
- Farmlog Svin ApS Bankrupt 4 Jul 2017
- 3S A/S Active
- AGRO-PARTNERE A/S Active
- DANSKE SVINEPRODUCENTERS MILJØINVEST A/S Opløst
- DECENTRAL ENERGIHANDEL ApS Opløst
- DECENTRAL GASHANDEL ApS Opløst
- DEN ÅBNE ORNESTATION BENDIXHØJ ApS Opløst
- Danske Svineproducenter Holding A/S Opløst
- FirstFarms Czech A/S Active
- FirstFarms Slovakia A/S Active
Kent Skaanning – 17 other companies, of which 4 bankrupt
- 1234sept ApS Bankrupt 26 Sep 2019
- CBS Give ApS Bankrupt 8 Jul 2019
- DANISH PIGLETS A/S Bankrupt 30 Oct 2008
- SOLVANG GÅNSAGER A/S Bankrupt 13 Apr 2011
- 3S A/S Active
- Combigas ApS Active
- DAN-INVEST A/S Fusioneret
- DEN ÅBNE ORNESTATION BENDIXHØJ ApS Opløst
- Danske Svineproducenter Holding A/S Opløst
- FORLAGET PÅ KARETMAGERVEJ A/S Opløst
- GreenFarm ApS Active
- HEGNDAL AGRO A/S Fusioneret
- HEGNDAL SVINEPRODUKTION A/S Compulsorily dissolved
- JS HOLDING, SDR. VIUM ApS Active
- MULTI INVEST 2008 ApS Opløst
- Shell Hemmet Biogas ApS Active
- Skaawen ApS Active
Address history (3 moves)
| Majsmarken 1, 7190 Billund | |
| c/o Morten Kundsgaard, Uhrenholt, Ålborgvej 94, 9560 Hadsund | |
| c/o Morten Kundsgaard, Uhrenholt, Ålborgvej 94, 9560 Hadsund | |
| Tinghøjvej 13, 6893 Hemmet |
Former names
| FirstFarms Hungary A/S | – now |
| DAN-FARM HOLDING A/S | – |
Employees per year
Other companies at the same address
- BRANDE-GIVE HJEMMESERVICE ApS Opløst
- FIRSTFARMS A/S Active
- FIRSTFARMS RUMÆNIEN ApS Fusioneret
- FIRSTFARMS SLOVAKIET ApS Fusioneret
- FirstFarms Czech A/S Active
- FirstFarms Slovakia A/S Active
- JYSK IT ApS Active
- PILGÅRD ApS Opløst
- SAGRO Finans & Formue A/S Active
- SAGRO Time ApS Active
- SKAERLUND ApS Opløst
- STRAATHOF HOLDING ApS Opløst
- TELLUS ADVOKATER ApS Active
- ØkologiRådgivning Danmark ApS Opløst
Similar companies in Billund
- SAGRO Time ApS Billund
- ØkologiRådgivning Danmark ApS Billund
- A KLOVBESKÆR ApS Hejnsvig
Questions and answers about FirstFarms Hungary A/S
Has FirstFarms Hungary A/S gone bankrupt?
No, FirstFarms Hungary A/S is not registered as bankrupt in the CVR register. Its status is: active.
What is the bankruptcy risk of FirstFarms Hungary A/S?
Our model estimates a bankruptcy risk of 0.0% over the next 12 months (low risk), which is 0.0 times the average for Danish companies.
Who is the CEO of FirstFarms Hungary A/S?
Morten Knudsgaard is the CEO of FirstFarms Hungary A/S.
Who is the auditor of FirstFarms Hungary A/S?
FirstFarms Hungary A/S most recently used PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB.
When was FirstFarms Hungary A/S founded?
FirstFarms Hungary A/S was founded on 30 July 2001.
What is the equity of FirstFarms Hungary A/S?
Equity was DKK 73.4m according to the annual report for the period ending 31 December 2025.
Source: the CVR register and annual reports published by the Danish Business Authority. The information is updated continuously.