Gejlager A/S (CVR 85931911) company profile

Ownership

JØRGEN GEJLAGER HOLDING A/S
CVR 20192208100% of capital and votessince 10 Jul 1997

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

Dandex estimates

Legal ownership resolution (ejerforholdenes opløsning): No owner holds a majorityA company in the chain has no owner at 50% or more; legal owners in the CVR owner register only. Dandex estimate, rule v3, computed 15 Nov 2026.
Control tenure (ejerskabsperiode): Pro: Control tenure (ejerskabsperiode) is in the Pro plan, see pricingHow long the current ultimate controller has held control, from the CVR owner register.
Group position (koncernforhold): Has a parent, and no majority holding in a Danish companyControlled by a company in CVR; it holds 50% or more of no Danish company. Dandex estimate, rule v2, computed 15 Nov 2026.
Signing authority, structured (tegningsregel, struktureret): One person can bind the companyThe registered signing rule lets one person bind the company. Dandex estimate, rule v2, computed 15 Nov 2026.
EU SME size class (SMV-kategori): Not determinedThe 2026 figures fit more than one class: revenue or the balance sheet total that would decide is not filed. Dandex estimate, rule v2, computed 15 Nov 2026.
Long-run headcount growth (beskæftigelsesudvikling siden 1998): Not determinedNo employment figures since Aug 2017. Dandex estimate, rule v1, computed 15 Nov 2026.
Demand cyclicality (konjunkturfølsomhed): Pro: Demand cyclicality (konjunkturfølsomhed) is in the Pro plan, see pricingHow demand for its products moves with the economy, from its industry.
Registry and report headcount compared (ansatte i register og regnskab): Pro: Registry and report headcount compared (ansatte i register og regnskab) is in the Pro plan, see pricingThe report's average employees beside the registry's staff over the same year.
Auditor's report (revisorpåtegning): Extended reviewTagged in the report (cmn:TypeOfAuditorAssistance). Dandex estimate, rules and decision model v1, computed 12 Nov 2026, from the annual report for the year ending 30 Apr 2026.
Auditor's report findings (revisorpåtegning): Pro: Auditor's report findings (revisorpåtegning) is in the Pro plan, see pricingThe auditor's findings: conclusion, going concern, emphasis, other matters, breaches.
Business model (forretningsmodel): Not determinedNot decided yet: Dandex has not read this company's annual reports for it. Dandex estimate, rules and decision model v1, computed 15 Nov 2026.
Revenue model (indtægtsmodel): Pro: Revenue model (indtægtsmodel) is in the Pro plan, see pricingThe kinds of revenue the accounting policies name, and the main one.

Decided by Dandex with fixed rules from CVR and the filed annual reports, and for the auditor's report, the business model and the revenue model a calibrated decision model reading the report's text and the purpose clause, not registered by the company. Each label links to its definition.

People

Current (4)

Rasmus GeilagerExecutive board since 18 Jun 2026, Board of directors since 28 Sep 2017
Kjeld KristensenBoard of directors since 28 Sep 2017
Claus TindhofBoard of directors since 12 Nov 1999
Mikkel GeilagerBoard of directors since 28 Sep 2017

Former (6)

Jørgen GeilagerExecutive board 15 Dec 1978 to 18 Jun 2026, Board of directors 15 Dec 1978 to 3 Jun 2026
Mie TindhofBoard of directors 15 Dec 1978 to 12 Nov 1999
Hans Kristian HansenBoard of directors 15 Dec 1978 to 20 Nov 1995
Lis GeilagerBoard of directors 15 Dec 1978 to 3 Jun 2026
Ole FuhrmannAuditor 15 Dec 1978 to 20 Nov 1995
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKABAuditor 15 Dec 1978 to 1 Jul 2011

Network

Roles over time

Claus Tindhof: Board of directors, 12 Nov 1999 to today.
Rasmus Geilager: Board of directors, 28 Sep 2017 to today; Executive board, 18 Jun 2026 to today.
Kjeld Kristensen: Board of directors, 28 Sep 2017 to today.
Mikkel Geilager: Board of directors, 28 Sep 2017 to today.

12 Nov 1999 to 15 Nov 2026.

Former (6)

Jørgen Geilager: Executive board, 15 Dec 1978 to 18 Jun 2026; Board of directors, 15 Dec 1978 to 3 Jun 2026.
Lis Geilager: Board of directors, 15 Dec 1978 to 3 Jun 2026.
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB: Auditor, 15 Dec 1978 to 1 Jul 2011.
Mie Tindhof: Board of directors, 15 Dec 1978 to 12 Nov 1999.
Hans Kristian Hansen: Board of directors, 15 Dec 1978 to 20 Nov 1995.
Ole Fuhrmann: Auditor, 15 Dec 1978 to 20 Nov 1995.

15 Dec 1978 to 15 Nov 2026.

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

Network

Headcount

EmployeesFTE

Aug 2017, monthly: 2 employees, 1 FTE

Show as table

Registry headcount, 1997 to Aug 2017, oldest left to newest right
Period	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	Q1 2010	Q2 2010	Q3 2010	Q4 2010	2011	2012	2013	2014	Jan 2015	Feb 2015	Mar 2015	Apr 2015	May 2015	Jun 2015	Jul 2015	Aug 2015	Sep 2015	Oct 2015	Nov 2015	Dec 2015	Jan 2016	Feb 2016	Mar 2016	Apr 2016	May 2016	Jun 2016	Jul 2016	Aug 2016	Sep 2016	Oct 2016	Nov 2016	Dec 2016	Jan 2017	Feb 2017	Mar 2017	Apr 2017	May 2017	Jun 2017	Jul 2017	Aug 2017
Employees	11	8	5	6	5	7	7	7	8	7	6	6	6	No count	No count	No count	No count	5	6	5	6	6	6	6	6	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2	2
FTE	5	4	3	4	5	4	5	5	4	3	4	3	3	3	3	3	3	2	3	2	2	2	1	2	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1
Series	Annual	Annual	Annual	Annual	Annual	Annual	Annual	Annual	Annual	Annual	Annual	Annual	Annual	Quarterly	Quarterly	Quarterly	Quarterly	Annual	Annual	Annual	Annual	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly	Monthly

The legal entity's own headcount as CVR records it, not the annual report's average, which may cover a group. Annual 1997 to 2009 and 2011 to 2014; quarterly Q1 2010 to Q4 2010; monthly Jan 2015 to Aug 2017.

Latest Aug 2017, published 23 Oct 2017. Source: CVR employment series (Årsbeskæftigelse, Kvartalsbeskæftigelse, Månedsbeskæftigelse).

Financials

Annual report figures by year, DKK thousands
Metric	2022	2023	2024	2025	2026
Gross profit	3,997	3,344	2,987	1,456	1,779
Operating profit	+287	+1,080	+1,118	+623	+1,258
Result for the year	+2,419	+760	+2,188	+543	+1,496
Equity	33,310	33,097	14,738	15,321	43,739
Total assets	45,901	33,928	16,091	20,203	52,041
Employees (average)	Not reported	Not reported	Not reported	0	0
Credit metrics (Dandex calculations)
Gross profit growth (vækst i bruttofortjeneste)	25.4%	-39.7%	-10.7%	-51.2%	-38.6%
EBITDA	327	1,107^{note 1}	1,131^{note 1}	635^{note 1}	1,312^{note 1}
EBITDA / gross profit (EBITDA i procent af bruttofortjenesten)Pro: EBITDA / gross profit (EBITDA i procent af bruttofortjenesten) is in the Pro plan, see pricingEBITDA as a share of gross profit.	Pro: EBITDA / gross profit (EBITDA i procent af bruttofortjenesten) is in the Pro plan, see pricingEBITDA as a share of gross profit.
Net interest-bearing debt (NIBD, nettorentebærende gæld)Pro: Net interest-bearing debt (NIBD, nettorentebærende gæld) is in the Pro plan, see pricingInterest-bearing debt less cash and current securities; negative is net cash.	Pro: Net interest-bearing debt (NIBD, nettorentebærende gæld) is in the Pro plan, see pricingInterest-bearing debt less cash and current securities; negative is net cash.
Gearing, NIBD / EBITDAPro: Gearing, NIBD / EBITDA is in the Pro plan, see pricingNet interest-bearing debt over EBITDA: the years of earnings the debt takes.	Pro: Gearing, NIBD / EBITDA is in the Pro plan, see pricingNet interest-bearing debt over EBITDA: the years of earnings the debt takes.
Interest coverage (rentedækning)Pro: Interest coverage (rentedækning) is in the Pro plan, see pricingEBIT over finance expenses: how many times earnings cover the interest.	Pro: Interest coverage (rentedækning) is in the Pro plan, see pricingEBIT over finance expenses: how many times earnings cover the interest.
Adjusted equity ratio (justeret soliditetsgrad)Pro: Adjusted equity ratio (justeret soliditetsgrad) is in the Pro plan, see pricingAdjusted equity as a share of total assets on the same basis.	Pro: Adjusted equity ratio (justeret soliditetsgrad) is in the Pro plan, see pricingAdjusted equity as a share of total assets on the same basis.
ROIC (afkast af investeret kapital)Pro: ROIC (afkast af investeret kapital) is in the Pro plan, see pricingReturn on invested capital: EBIT after tax over equity plus net debt.	Pro: ROIC (afkast af investeret kapital) is in the Pro plan, see pricingReturn on invested capital: EBIT after tax over equity plus net debt.
Capex (investeringer i anlægsaktiver)	300^{note 2}	Not reported^{note 3}	244^{note 4}	36^{note 4}	Not reported^{note 3}
Capex % of sales (investeringer i procent af omsætningen)Pro: Capex % of sales (investeringer i procent af omsætningen) is in the Pro plan, see pricingCapex as a share of revenue.	Pro: Capex % of sales (investeringer i procent af omsætningen) is in the Pro plan, see pricingCapex as a share of revenue.
FCFF / EBITDA (pengestrømskonvertering)Pro: FCFF / EBITDA (pengestrømskonvertering) is in the Pro plan, see pricingFree cash flow to the firm as a share of EBITDA.	Pro: FCFF / EBITDA (pengestrømskonvertering) is in the Pro plan, see pricingFree cash flow to the firm as a share of EBITDA.

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. Gearing and interest coverage are multiples. Rows marked Pro hold a value in the Pro plan. Definitions. Revenue-based rows are empty: the company reports gross profit only (bruttofortjeneste), which class B filers may.

1 D&A from the fixed asset notes
2 Dandex estimate: capex from the balance sheet change plus D&A
3 disposals exceed investment
4 Dandex estimate: capex from the balance sheet change plus D&A; D&A from the fixed asset notes

Credit rating (kreditvurdering): Pro: Credit rating (kreditvurdering) is in the Pro plan, see pricingA score from 0 to 100 with a grade from A to F, from the latest annual reports.
Capital loss (kapitaltab): Pro: Capital loss (kapitaltab) is in the Pro plan, see pricingNegative equity, or equity below half the share capital, in the latest report.
Filing deadline and punctuality (indsendelsesfrist): Pro: Filing deadline and punctuality (indsendelsesfrist) is in the Pro plan, see pricingThe next annual report deadline.

Annual reports

Annual report 2026
1 May 2025 to 30 Apr 2026, published 10 Nov 2026
XHTML
Annual report 2025
1 May 2024 to 30 Apr 2025, published 7 Nov 2025
XHTML
Annual report 2024
1 May 2023 to 30 Apr 2024, published 31 Oct 2024
PDF
Annual report 2023
1 May 2022 to 30 Apr 2023, published 2 Oct 2023
PDF
Annual report 2022
1 May 2021 to 30 Apr 2022, published 14 Nov 2022
PDF

Financials

Changes

All changes

28 Sep 2017
Director change
Gejlager A/S (CVR 85931911) har foretaget direktørskifte pr. 28. september 2017: 3 indtrådt.
12 Nov 1999
Director change
Gejlager A/S (CVR 85931911) har foretaget direktørskifte pr. 12. november 1999: 1 indtrådt.
10 Jul 1997
Ownership change
Gejlager A/S (CVR 85931911) har foretaget ejerskifte pr. 10. juli 1997: 1 indtrådt.
15 Dec 1978
Director change
Gejlager A/S (CVR 85931911) har foretaget direktørskifte pr. 15. december 1978: 2 indtrådt.
15 Dec 1978
Director change
Gejlager A/S (CVR 85931911) har foretaget direktørskifte pr. 15. december 1978: 2 indtrådt.

Signals (signaler)

Pro: Signals (signaler) are in the Pro plan, see pricingChanges worth a look, raised from the registry and new annual reports.

New leadership (nyt lederskab), New company (ny virksomhed), Ownership change (ejerskifte), Relocation (flytning), Growth surge (vækstspurt), Headcount decline (nedgang i ansatte), Restructuring (omstrukturering), Industry change (brancheskift), Board change (bestyrelsesændring), Dissolution (ophør), Distress warning (risikoadvarsel), Fund investment (fondsinvestering), Fund exit (fondsexit), Fund board seat (fondsbestyrelsespost).

Changes

Pro for this company

The rows marked Pro on this page hold values in the Pro plan. For Gejlager A/S, that is:

Credit and debt: Net interest-bearing debt, gearing, NIBD / EBITDA, interest coverage and adjusted equity ratio, for 2022 to 2026.Credit rating, capital loss and filing deadline and punctuality.
Returns and cash flow: EBITDA / gross profit, ROIC, capex % of sales and FCFF / EBITDA, for 2022 to 2026.
Advanced estimates: Control tenure, demand cyclicality, registry and report headcount compared, auditor's report findings and revenue model.
Signals and monitoring: Signals on this company, as Dandex raises them.

See the Pro plan

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Registry facts

Signing rule (tegningsregel): Selskabet tegnes af en direktør alene eller af den samlede bestyrelsesince 25 Oct 1995
Purpose (formål): Selskabets formål er at drive produktion af og handel med grønt, træer og skovprodukter samt investering i landbrugsejendomme med henblik på forpagtning og juletræsproduktion og andet efter bestyrelsens skøn dermed beslægtet virksomhed.since 8 Jun 2026
Audit opted out (revision fravalgt): Nosince 15 Dec 1978
Articles of association last changed (seneste vedtægtsdato): 3 Jun 2026
Share classes (kapitalklasser): Nosince 3 Jun 2026
Owners under 5% registered (ejerregistrering under 5 procent): Nosince 26 Nov 2015

Share capital

Each registered value from the day it took effect, newest first.

3 Jun 2026DKK 525,000+25,000
20 Nov 1995DKK 500,000+200,000
30 Aug 1987DKK 300,000Earliest in CVR

Mergers and demergers

3 Jun 2026
Merger (fusion), as the continuing company (fortsættende selskab)
- Rodbjerggård A/SCVR 36709049, ceasing company, dissolved after merger

From CVR, read 15 Nov 2026. Text such as the signing rule and purpose is shown as registered.

Registry facts

History (historik)

Name changes: 1 in all, none in the last 5 years; latest 28 Sep 2017
Address changes: 2 in all, none in the last 5 years; latest 31 Jul 2018At the current address for 8.3 years
Status changes: None recorded
Auditor changes: 1 in all, none in the last 5 years; latest 1 Jul 2011With the current audit firm for 15.4 years

Names (navne)

28 Sep 2017 to now
Gejlager A/S
15 Dec 1978 to 27 Sep 2017
HANDELSFIRMAET JØRGEN GEILAGER A/S

Addresses (adresser)

31 Jul 2018 to now
Søvej 11, 6630 Rødding
26 Jan 2013 to 30 Jul 2018
Enghavevej 1, 6630 Rødding
15 Dec 1978 to 25 Jan 2013
Sølvagervej 10, 6560 Sommersted

Audit firms (revision)

1 Jul 2011 to now
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB
15 Dec 1978 to 1 Jul 2011
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB

From CVR, read 15 Nov 2026. A change is counted each time the registry records a new value, so a corrected address or an audit firm under a new entity counts too.

History (historik)

Registrations (registreringer)

15 registrations, newest first. As published by Erhvervsstyrelsen, in Danish, with people's street addresses cut to postcode and city.

23 Jun 2026
People change
Bestyrelse:
Fratrådte:
Kjeld Kristensen, den 18.06.2026.
Tiltrådte:
Kjeld Kristensen, (formand), den 18.06.2026.
Direktion:
Show the full announcement
Fratrådte:
Jørgen Geilager, den 18.06.2026.
Tiltrådte:
Rasmus Geilager, den 18.06.2026.
15 Jun 2026
Merger or demerger completed
Erhvervsstyrelsen har modtaget oplysning om, at der er truffet beslutning om nedenstående fusion.
Virksomheden er fusioneret med CVR-nummer: 36709049 Rodbjerggård A/S, der samtidigt er opløst.
Vedtægter ændret: 03.06.2026
Nyt binavn: Rodbjerggård A/S
Kapitalforhøjelsen er besluttet den 03.06.2026.
kr. 25.000,00, indbetalt ved fusion, kurs 108.228,56.
Show the full announcement
Kapitalen udgør herefter kr. 525.000,00.
Bestyrelse:
Fratrådte:
Jørgen Geilager, den 03.06.2026, Lis Geilager, den 03.06.2026.
Formål ændret: Selskabets formål er at drive produktion af og handel med grønt, træer og skovprodukter samt investeringi landbrugsejendomme med henblik på forpagtning og juletræsproduktion og andet efterbestyrelsens skøn dermed beslægtet virksomhed.
28 Apr 2026
Merger or demerger announced
Erhvervsstyrelsen har modtaget fusionsplan for den påtænkte fusion mellem CVR-nummer: 85931911 Gejlager A/S (fortsættende) og CVR-nummer: 36709049 Rodbjerggård A/S (ophørende).
Der er endvidere modtaget erklæring fra vurderingsmændene om, at kreditorerne i CVR-nummer: 85931911 Gejlager A/S og CVR-nummer: 36709049 Rodbjerggård A/S må antages at være tilstrækkeligt sikrede efter fusionen.
31 Jul 2018
Address change
Ny adresse: Søvej 11, Jels, 6630 Rødding
2 Oct 2017
People change
Vedtægter ændret: 28.09.2017
Nyt navn: Gejlager A/S
Bestyrelse:
Tiltrådte:
Mikkel Geilager, den 28.09.2017, Rasmus Geilager, den 28.09.2017, Kjeld Kristensen, den 28.09.2017.
26 Jan 2013
Address change
Ny adresse:
Enghavevej 1, Jels, 6630 Rødding.
Ny kommune:
Vejen.
16 Sep 2011
Audit change Other
Revision:
Udtrådt af revisionen:
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB, den 01.07.2011.
Indtrådt i revisionen:
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSPARTNERSELSKAB, Vesterballevej 27, Snoghøj, 7000 Fredericia, den 01.07.2011.
31 May 2007
Other Audit change
Revision:
Udtrådt af revisionen:
PricewaterhouseCoopers I/S, den 30.05.2007.
Indtrådt i revisionen:
PRICEWATERHOUSECOOPERS STATSAUTORISERET REVISIONSAKTIESELSKAB, Nytorv 2, 6000 Kolding, den 30.05.2007.
1 Jan 2007
Address change
Ved kommunalreformen den 1. januar 2007 er hjemstedskommunen ændret.
24 Nov 1999
People change Other
Bestyrelse:
Udtrådt af bestyrelsen:
Mie Tindhof, den 12.11.1999.
Indtrådt i bestyrelsen:
Fuldmægtig Claus Tindhof, den 12.11.1999.

Show 5 more

12 Dec 1995
People change Capital change Audit change
Vedtægter ændret:
25.10.1995.
Kapitalforhøjelse:
kr. 200.000,00 indbetalt ved overførte reserver / overskud, kurs 100,00.
Kapitalen udgør herefter kr. 500.000,00.
Bestyrelse:
Show the full announcement
Udtrådt af bestyrelsen:
Hans Kristian Hansen.
Indtrådt i bestyrelsen:
Mie Tindhof.
Revision:
Udtrådt af revisionen:
Statsaut. revisor Ole Fuhrmann.
Indtrådt i revisionen:
COOPERS & LYBRAND Statsautoriserede revisorer, 6000 Kolding.
30 Oct 1991
Address change
Ny adresse:
Sølvagervej 10, 6560 Sommersted
Ny kommune:
Vojens
Ny særskilt postadresse:
c/o Jørgen Gejlager Enghavevej 1 Jels, 6630 Rødding
17 Oct 1991
Address change Status change
Vedtægter ændret:
16.10.1991
Ny adresse:
c/o Jørgen Geilager Enghavevej 1 Jels, 6630 Rødding
Ny kommune:
Rødding
Særskilt postadresse slettet
16 Dec 1988
Other
Ny adresse:
Enghavevej 1, Jels, 6630 Rødding
Ny kommune:
Rødding
24 Oct 1985
New company
REG.NR. A/S62496
NAVN: HANDELSFIRMAET JØRGEN GEILAGER A/S
ADRESSE: Sølvagervej 10, 6560 Sommersted
Stiftelsesdato:
15.12.1978
Seneste vedtægtsdato:
Show the full announcement
27.08.1985
Kapital:
kr. 300.000,00
Indbetalingsmåde:
kontant/i værdier kr. 300.000,00 til kurs 100,0
Bestyrelse:
Fru Lis Geilager, Skovfoged Jørgen Geilager, Gartner Hans Kristian Hansen
Direktion:
Skovfoged Jørgen Geilager
Revision:
Statsaur. revisor Ole Fuhrmann, 6000 Kolding
Første regnskabsår:
01.11.1978 - 30.04.1980
Regnskabsår:
01.05 - 30.04

Registrations (registreringer)

Registration

Address: Søvej 11
6630 Rødding
Vejen Municipality
CVR record last changed: 23 Jun 2026
Data read: 15 Nov 2026

Production units

2 registered in CVR.

HANDELSFIRMAET JØRGEN GEILAGER A/S
P-number 100690484110, 9999 Ukendt
Gejlager A/S
P-number 1004066084Søvej 11, 6630 Rødding

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

Ownership

People

Network

Financials

Changes

Registry facts

History (historik)

Registrations (registreringer)

Registration

Dandex in your own tools

Ownership

People

Financials

Who is behind it

Ownership

Dandex estimates

People

Current (4)

Network

Roles over time

Network

Headcount

Financials

Annual reports

Financials

Changes

Signals (signaler)

Changes

Pro for this company

Registry facts

Share capital

Mergers and demergers

Registry facts

History (historik)

Names (navne)

Addresses (adresser)

Audit firms (revision)

History (historik)

Registrations (registreringer)

Registrations (registreringer)

Registration

Production units

Dandex in your own tools

Who is behind it

Dandex estimates

Current (4)

Network

Shared by two or more of its people

Owners and the control chain

Its people and their other companies

Network

Roles over time

Headcount

Financials

Annual reports

Changes

Signals (signaler)

Pro for this company

Registry facts

Share capital

Mergers and demergers

History (historik)

Names (navne)

Addresses (adresser)

Audit firms (revision)

Registrations (registreringer)

Production units

Network

Shared by two or more of its people

Owners and the control chain

Its people and their other companies