Nasdaq CopenhagenIFRS · EUR

DANSK LANDBRUGS GROVVARESELSKAB A.M.B.A.

DANSK LANDBRUGS GROVVARESELSKAB A.M.B.A. is a Danish agricultural supply and grain trading cooperative serving the farm sector. Its activities center on sourcing, handling, and distributing agricultural inputs and harvested commodities through a network tied to Danish farming and food production.

Revenue57.1bn EUR
+1.9 %y/y
Operating profit (EBIT)445m EUR
−47.4 %y/y
EBIT margin0.8%
−0.7 ppy/y
Net income-352m EUR
−90.3 %y/y

Fiscal year 2025 · change from previous year

Development 2020–2025

020406080bn EUR2020: 47.2 bn EUR2020: EBIT 1.1 bn EUR20202021: 54.6 bn EUR2021: EBIT 1.2 bn EUR20212022: 74.9 bn EUR2022: EBIT 1.6 bn EUR20222023: 62.4 bn EUR2023: EBIT 1.6 bn EUR20232024: 56.1 bn EUR2024: EBIT 0.85 bn EUR20242025: 57.1 bn EUR2025: EBIT 0.45 bn EUR202557.10.45
RevenueOperating profit (EBIT)

Business

Share of revenue
Crop commodities45 %

Trading, aggregation, and handling of grains and oilseeds from Danish agriculture.

Agricultural inputs30 %

Seed, fertilizer, crop protection, and other farm supply products.

Feed and farm distribution15 %

Distribution of feed and related agricultural bulk products to farms and dealers.

Storage and logistics10 %

Warehousing, transport coordination, and handling services for agricultural goods.

Customers

The company serves Danish farmers and agricultural cooperatives that need crop inputs, grain marketing channels, and bulk handling services. It also supplies related agribusiness customers involved in storage, feed distribution, and downstream farm logistics. Demand is tied to planting and harvest cycles, farm purchasing needs, and the movement of agricultural commodities.

Farmers and growers

Buy crop inputs and use the company as a channel for selling harvested grains and oilseeds.

Agricultural cooperatives and farm groups

Use pooled buying, marketing, and logistics services tied to the cooperative model.

Feed and agribulk buyers

Purchase feed-related commodities and bulk agricultural products for downstream use.

Agribusiness logistics users

Use storage, transport coordination, and handling services for agricultural flows.

Strategy

The company’s strategic position depends on maintaining close links with farmers, securing efficient commodity handling, and preserving relevance in the Danish agricultural supply chain. Its cooperative structure supports member relationships, scale in procurement and marketing, and a platform for farm-related services.

Member-focused agricultural servicesMedium term

The cooperative model depends on delivering direct value to farmers and farm businesses.

Operational efficiency in commodity handlingShort term

Storage, transport, and bulk handling economics are central to competitiveness.

Supply chain positioning in Danish agricultureMedium term

The business must remain embedded in local agricultural flows to keep volume and relevance.

Geography

The business is rooted in Denmark and is tied closely to domestic agriculture, crop collection, and farm supply distribution. Its operating footprint is shaped by Danish growing seasons, local farm density, and access to ports, storage, and logistics infrastructure. Any broader trading activity is still anchored in the Nordic agricultural supply chain.

Risks

Key risks come from agricultural commodity price volatility, weather-driven harvest swings, and changes in farm input demand. Because the business is exposed to regulated agricultural markets and physical handling of bulk goods, it also faces policy, environmental, and supply chain execution risks. Cooperative dependence on member activity can amplify cyclical swings in volumes and working capital needs.

Sorted by severity
LowMediumHighLowMediumHighImpact →Likelihood →Agricultural commodity price volatility1Weather and harvest variability2Environmental and agricultural regulation3Logistics and storage disruption4
Impact is the risk’s severity and likelihood how probable it is over the next few years, both assessed from the company’s reports. Numbers match the list.
  1. Agricultural commodity price volatilityImpact: HighLikelihood: High

    Grain, oilseed, and input pricing can move sharply with global markets and crop conditions.

    Exposure: Trading and handling volumes

  2. Weather and harvest variabilityImpact: HighLikelihood: High

    Crop yields and harvest timing affect both farmer purchasing and commodity throughput.

    Exposure: Danish agricultural supply chain

  3. Environmental and agricultural regulationImpact: MediumLikelihood: High

    Rules on nitrogen, pesticides, and sustainability can change product demand and compliance costs.

    Exposure: Crop inputs and farm services

  4. Logistics and storage disruptionImpact: MediumLikelihood: Medium

    Physical handling of bulk commodities depends on transport, warehousing, and operational reliability.

    Exposure: Storage and distribution network

Ask Clarifo about DANSK LANDBRUGS GROVVARESELSKAB A.M.B.A.

Accounting

Judgemental items
Inventory valuation

Agricultural commodities and inputs may need measurement at cost or net realizable value depending on market conditions.

Impact: Can affect gross margin and asset values

Seasonality

Planting and harvest cycles can shift revenue, inventory, and cash flow between periods.

Impact: Makes quarterly results less comparable

Commodity price exposure

Trading businesses may hold positions exposed to price changes between purchase and sale.

Impact: Can create earnings volatility

Last updated: 24/10/2026