LTH A/S

CVR 78294310Public limited company (A/S)Ikke-finansielle holdingselskaber (642120)AabenraaFounded 1 May 1985

Gross profit

1.2M

DKK, annual report 2025

+362.4% on 2024

Result

+1.7M

DKK, annual report 2025

Equity

34.8M

DKK, annual report 2025

Ownership

People

Network

Financials

Changes

Registration

Address: Skrænten 5
6200 Aabenraa
Aabenraa Municipality
CVR record last changed: 7 Sep 2026
Data read: 2 Nov 2026

Compiled by Dandex from the Central Business Register (CVR, datacvr.virk.dk), Erhvervsstyrelsen, and annual reports filed in XBRL. Values marked Dandex estimate are computed by Dandex from that data, not registered.

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Ownership

People

Financials

LTH A/S

CVR 78294310Public limited company (A/S)Ikke-finansielle holdingselskaber (642120)AabenraaFounded 1 May 1985

Gross profit

1.2M

DKK, annual report 2025

+362.4% on 2024

Result

+1.7M

DKK, annual report 2025

Equity

34.8M

DKK, annual report 2025

Who Is Behind It

Owner: Toft & Søn Holding, Aabenraa ApSCVR 45719944, 100% of capital and votes, since 1 Jul 2025
Ultimate controller: Lars Becker Toftthrough Toft & Søn Holding, Aabenraa ApS, a Dandex estimate, owner-managed
Director: Lars Becker Toftsince 26 Jan 2022

Ownership

Toft & Søn Holding, Aabenraa ApS
CVR 45719944100% of capital and votessince 1 Jul 2025

Holders of 5% or more, from the owner register. CVR records shares in bands, not exact figures.

Former owners (4)

LTH A/S
CVR 7829431025% to under 33.3% of capital and votes15 Dec 2011 to 24 Aug 2026
KAREN & LEIF TOFT HOLDING ApS
CVR 2157109166.7% to under 90% of capital and votes11 Mar 1999 to 30 Sep 2024
LARS TOFT HOLDING ApS
CVR 2811462125% to under 33.3% of capital and votes15 Dec 2011 to 21 Jun 2024
Toft Interim ApS
CVR 4491800566.7% to under 90% of capital and votes30 Sep 2024 to 1 Jul 2025

Control Chain

Ultimate controller
Lars Becker Toft
Holds 50% to under 66.7% of capital and 90% to under 100% of votes in Toft & Søn Holding, Aabenraa ApS, since 1 Jul 2025
Capital50% to under 66.7%
Votes90% to under 100%
Holding company
Toft & Søn Holding, Aabenraa ApS
CVR 45719944Private limited company (ApS)
Holds 100% of capital and votes in LTH A/S, since 1 Jul 2025
Capital100%
Votes100%
This company
LTH A/S
CVR 78294310

Each holds the one below it. Control follows votes: an owner with 50% or more controls. Each bar shows the registered band, solid to its lower bound and faint across the range CVR records, with a mark at 50%. Dandex estimate, computed 2 Nov 2026.

Owned Companies

2 Danish companies.

ATI-LTH A/S
SubsidiaryCVR 15769998100% of capital and votesUnder voluntary liquidation
TRAILER TRADE A/S
Subsidiary or joint ventureCVR 3471291350% to under 66.7% of capital and votes

Found by searching the CVR owner register (ejerregister) for LTH A/S as owner: Danish companies it holds 5% or more of, and their holdings one level down. Foreign holdings are not in CVR.

Former holdings (3)

DSF Wine A/S
CVR 3325121133.3% to under 50% of capital and 50% to under 66.7% of votes29 May 2018 to 27 Aug 2026
L. T. FINANS AF 1992 A/S
CVR 15086181100% of capital and votes15 Apr 2008 to 21 Jun 2024
GP24 ApS
CVR 35829687100% of capital and votes11 Apr 2014 to 4 Aug 2021

People

Current (4)

Lars Becker ToftExecutive board since 26 Jan 2022, Board of directors since 3 May 1996
Pia Lisbeth Bekke ToftBoard of directors since 5 Jan 2026
Jesper Kildahl BaungaardBoard of directors since 19 Dec 2019
Nicklas Bekke ToftBoard of directors since 1 Jul 2026

Former (7)

Leif ToftExecutive board 1 May 1985 to 26 Jan 2022, Board of directors 1 May 1985 to 5 Jan 2026
Peter DahlBoard of directors 1 May 1985 to 19 Dec 2019
Jørgen LauritzenBoard of directors 24 Feb 1999 to 19 Dec 2003
Pia Becker ToftBoard of directors 22 Feb 2006 to 29 Nov 2011
Henry StenderBoard of directors 1 May 1985 to 3 May 1996
Ole Porskær WintherBoard of directors 3 May 1996 to 10 Mar 1999
Brian RetzlaffBoard of directors 29 Nov 2011 to 21 Nov 2012

Network

Roles Over Time

Lars Becker Toft: Board of directors, 3 May 1996 to today; Executive board, 26 Jan 2022 to today.
Jesper Kildahl Baungaard: Board of directors, 19 Dec 2019 to today.
Pia Lisbeth Bekke Toft: Board of directors, 5 Jan 2026 to today; Executive board, 1 Nov 2022 to 5 Jan 2026.
Nicklas Bekke Toft: Board of directors, 1 Jul 2026 to today.

3 May 1996 to 2 Nov 2026.

Former (7)

Leif Toft: Executive board, 1 May 1985 to 26 Jan 2022; Board of directors, 1 May 1985 to 5 Jan 2026.
Peter Dahl: Board of directors, 1 May 1985 to 19 Dec 2019.
Brian Retzlaff: Board of directors, 29 Nov 2011 to 21 Nov 2012.
Pia Becker Toft: Board of directors, 22 Feb 2006 to 29 Nov 2011.
Jørgen Lauritzen: Board of directors, 24 Feb 1999 to 19 Dec 2003.
Ole Porskær Winther: Board of directors, 3 May 1996 to 10 Mar 1999.
Henry Stender: Board of directors, 1 May 1985 to 3 May 1996.

1 May 1985 to 2 Nov 2026.

Executive board (Direktion)Board of directors (Bestyrelse)Each bar is one role, from its start to its end or today. Bars in a group share one scale. Source: CVR.

Network

Financials

Annual report figures by year, DKK thousands
Metric	2021	2022	2023	2024	2025
Gross profit	13,093	11,259	7,949	269	1,245
Operating profit	+1,960	+728	-1,754	-202	+899
Result for the year	+2,211	+1,270	-1,003	-97	+1,729
Equity	72,400	72,613	71,610	33,026	34,755
Total assets	132,847	128,028	103,928	72,392	64,154
Employees (average)	38	35	35	0	0
Credit metrics (Dandex calculations)
Gross profit growth (vækst i bruttofortjeneste)	-2.7%	-14%	-29.4%	n.m.^{note 1}	362.4%
EBITDA	3,301	2,172	-509	82	1,145
EBITDA / gross profit (EBITDA i procent af bruttofortjenesten)	25.2%	19.3%	-6.4%	30.6%	92%
Employee growth (vækst i antal ansatte)	22.6%	-7.9%	0%	n.m.^{note 1}	n.m.^{note 1}
Net interest-bearing debt (NIBD, nettorentebærende gæld)	27,287	26,822	6,615	5,883	4,304
Gearing, NIBD / EBITDA	8.3x	12.3x	n.m.^{note 2}	71.5x	3.8x
ROIC (afkast af investeret kapital)	1.5%	0.6%^{note 3}	-1.5%^{note 4}	-0.2%	1.8%
Capex (investeringer i anlægsaktiver)	1,063	888	610	Not reported^{note 5}	Not reported^{note 5}
FCFF / EBITDA (pengestrømskonvertering)	54.7%^{note 6}	23.9%^{note 7}	n.m.^{note 2}	Not reported	Not reported
NIBD incl. group and owner balances (NIBD inkl. koncern- og ejermellemværender)	27,287	26,822	6,615	36,674	6,089

DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group.

Credit metrics are Dandex calculations from the filed figures, not filed values; estimates are in grey with a note. Ratios are percentages and gearing a multiple. Definitions. Revenue-based rows are empty: the company reports gross profit only (bruttofortjeneste), which class B filers may. Group figures (koncern).

1 n.m.: the year before is not positive
2 n.m.: EBITDA not positive
3 Dandex estimate: statutory 22% used: effective rate outside 0 to 40%
4 Dandex estimate: statutory 22% used: profit before tax not positive
5 disposals exceed investment
6 Dandex estimate: interest paid estimated from finance expenses
7 Dandex estimate: statutory 22% used: effective rate outside 0 to 40%; interest paid estimated from finance expenses

Annual Reports

Annual report 2025
1 Oct 2024 to 30 Sep 2025, published 22 Jan 2026
XHTML
Annual report 2024
1 Oct 2023 to 30 Sep 2024, published 14 Jan 2025
PDF
Annual report 2023
1 Oct 2022 to 30 Sep 2023, published 21 Feb 2024
PDF
Annual report 2022
1 Oct 2021 to 30 Sep 2022, published 6 Feb 2023
PDF
Annual report 2021
1 Oct 2020 to 30 Sep 2021, published 23 Dec 2021
PDF

Financials

Changes

All changes

19 Oct 2026
LTH A/S has changed industry. A new direction may mean new needs.
Signal, a Dandex estimate. Lapses 22 Nov 2026.
24 Aug 2026
Industry change
LTH A/S (CVR 78294310) har ændret branche fra "Udlejning af erhvervsejendomme" (682040) til "Ikke-finansielle holdingselskaber" (642120) pr. 24. august 2026.
1 Jul 2026
Director change
LTH A/S (CVR 78294310) har foretaget direktørskifte pr. 1. juli 2026: 1 indtrådt.
6 May 2026
Ownership change
LTH A/S (CVR 78294310) har foretaget ejerskifte pr. 6. maj 2026: 3 indtrådt.
6 May 2026
Address change
LTH A/S (CVR 78294310) har ændret adresse fra "Lundsbjerg Industrivej 13 6200 Aabenraa" til "Skrænten 5 6200 Aabenraa" pr. 6. maj 2026.
1 Jul 2025
Ownership change
LTH A/S (CVR 78294310) har foretaget ejerskifte pr. 1. juli 2025: 1 indtrådt.
21 Jun 2024
Ownership change
LTH A/S (CVR 78294310) har foretaget ejerskifte pr. 21. juni 2024: 1 indtrådt.
1 Nov 2022
Director change
LTH A/S (CVR 78294310) har foretaget direktørskifte pr. 1. november 2022: 1 indtrådt.
26 Jan 2022
Director change
LTH A/S (CVR 78294310) har foretaget direktørskifte pr. 26. januar 2022: 1 indtrådt.
19 Dec 2019
Director change
LTH A/S (CVR 78294310) har foretaget direktørskifte pr. 19. december 2019: 1 indtrådt.
29 Nov 2011
Director change
LTH A/S (CVR 78294310) har foretaget direktørskifte pr. 29. november 2011: 1 indtrådt.

Changes

Registration

Address: Skrænten 5
6200 Aabenraa
Aabenraa Municipality
CVR record last changed: 7 Sep 2026
Data read: 2 Nov 2026

Production Units

1 registered in CVR.

LTH A/S
P-number 1002546199Skrænten 5, 6200 Aabenraa

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Financials

Annual report figures by year, DKK thousands
Metric	2021	2022	2023	2024	2025
Gross profit	13,093	11,259	7,949	269	1,245
Operating profit	+1,960	+728	-1,754	-202	+899
Result for the year	+2,211	+1,270	-1,003	-97	+1,729
Equity	72,400	72,613	71,610	33,026	34,755
Total assets	132,847	128,028	103,928	72,392	64,154
Employees (average)	38	35	35	0	0
Credit metrics (Dandex calculations)
Gross profit growth (vækst i bruttofortjeneste)	-2.7%	-14%	-29.4%	n.m.^{note 1}	362.4%
EBITDA	3,301	2,172	-509	82	1,145
EBITDA / gross profit (EBITDA i procent af bruttofortjenesten)	25.2%	19.3%	-6.4%	30.6%	92%
Employee growth (vækst i antal ansatte)	22.6%	-7.9%	0%	n.m.^{note 1}	n.m.^{note 1}
Net interest-bearing debt (NIBD, nettorentebærende gæld)	27,287	26,822	6,615	5,883	4,304
Gearing, NIBD / EBITDA	8.3x	12.3x	n.m.^{note 2}	71.5x	3.8x
ROIC (afkast af investeret kapital)	1.5%	0.6%^{note 3}	-1.5%^{note 4}	-0.2%	1.8%
Capex (investeringer i anlægsaktiver)	1,063	888	610	Not reported^{note 5}	Not reported^{note 5}
FCFF / EBITDA (pengestrømskonvertering)	54.7%^{note 6}	23.9%^{note 7}	n.m.^{note 2}	Not reported	Not reported
NIBD incl. group and owner balances (NIBD inkl. koncern- og ejermellemværender)	27,287	26,822	6,615	36,674	6,089

DKK thousands. Annual reports via XBRL. Employees are the annual report's average and may cover a group.

1 n.m.: the year before is not positive
2 n.m.: EBITDA not positive
3 Dandex estimate: statutory 22% used: effective rate outside 0 to 40%
4 Dandex estimate: statutory 22% used: profit before tax not positive
5 disposals exceed investment
6 Dandex estimate: interest paid estimated from finance expenses
7 Dandex estimate: statutory 22% used: effective rate outside 0 to 40%; interest paid estimated from finance expenses

Annual Reports

Annual report 2025
1 Oct 2024 to 30 Sep 2025, published 22 Jan 2026
XHTML
Annual report 2024
1 Oct 2023 to 30 Sep 2024, published 14 Jan 2025
PDF
Annual report 2023
1 Oct 2022 to 30 Sep 2023, published 21 Feb 2024
PDF
Annual report 2022
1 Oct 2021 to 30 Sep 2022, published 6 Feb 2023
PDF
Annual report 2021
1 Oct 2020 to 30 Sep 2021, published 23 Dec 2021
PDF

Ownership

People

Network

Financials

Changes

Registration

Dandex in Your Own Tools

Ownership

People

Financials

Who Is Behind It

Ownership

Control Chain

Owned Companies

People

Current (4)

Network

Roles Over Time

Network

Financials

Annual Reports

Financials

Changes

Changes

Registration

Production Units

Dandex in Your Own Tools

Who Is Behind It

Control Chain

Owned Companies

Current (4)

Network

Shared by two or more of its people

Its people and their other companies

Network

Roles Over Time

Financials

Annual Reports

Changes

Production Units

Network

Shared by two or more of its people

Its people and their other companies