Financial highlights
Find the latest figures from Lars Larsen Group.
Billion DKK in Revenue
Billion DKK in Result for the year
Employees
Financial Highlights
Lars Larsen Group sets a new record in revenue for the financial year 2021/22. The total revenue in Lars Larsen Group rose to DKK 44bn in 2021/22 which is an increase of more than 12 percent compared to the previous financial year. The EBIT-result also set a record of DKK 4.9bn in 2021/22 compared to 4.8bn in the previous year. See all the financial highlights for the group below.
Lars Larsen Group is not a group as defined in the Danish Financial Statements Act but a number of groups and entities owned by the Brunsborg Family and Lars Larsens JYSK Fond.
Read our Combined Group Annual Report 2021/22
BUSINESS MODEL
We operate within two main business areas; retail and investments. Both areas refer to the management of Lars Larsen Group. The business areas work to support each other and to ensure a diverse business portfolio.
Lars Larsen Group Retail
The business area Lars Larsen Group Retail comprises several retail companies working mostly within design, production, and sale of furniture and home decor.
The revenue in Lars Larsen Group Retail increased by more than 12% in 2021/22. The profit before tax for Lars Larsen Group Retail was DKK 4,550 million compared to DKK 4,677 million the year before.
Lars Larsen Group Investments
Our investments consist of fixed income, listed equities, private equities, infrastructure, real estate, and other investments.
The revenue in the business area Lars Larsen Group Investments increased by more than 10% in 2021/22. While 2020/21 was a financial year with clear tailwind for Lars Larsen Group Investments, 2021/22 proved to be quite the opposite. The profit before tax for Lars Larsen Group Investments was a loss of DKK 243 million compared to a profit of DKK 1,773 million the year before.
