AS LANDESTERegistered
Annual report for 2025 not filed.
Qualified audit opinion. 2024 report: Qualified.
Key figures
2 944 972 €+6,4%
Revenue 2024
+18,2%
Average annual growth 2019–2024
Ratios
2024248,3%
Profit margin
60,6%
EBITDA margin
71,6%
Equity ratio
1,8×
Current ratio
6,5%
Return on equity
1906 €
Average gross salary
Profit exceeds EBITDA because of financial income (e.g. dividends or interest), which EBITDA does not include.
Balance sheet structure
Current assetsNon-current assetsLiabilitiesEquity
Quarterly figures
| Quarter | Revenue | Number of employees | Labour taxes |
|---|---|---|---|
| Q2 2026 | 842 873 € | 15 | 44 737 € |
| Q1 2026 | 930 336 € | 15 | 45 936 € |
| Q4 2025 | 866 957 € | 15 | 44 092 € |
| Q3 2025 | 952 035 € | 14 | 48 360 € |
| Q2 2025 | 845 124 € | 14 | 46 848 € |
| Q1 2025 | 875 304 € | 15 | 43 062 € |
Source: Tax Board open data — based on VAT returns, may not exactly match revenue in the annual report. Updated quarterly.
Summary of financial statements2019–2024
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|---|
| Balance sheet — assets | ||||||
| Total current assets | 4 026 332 | 6 609 499 | 7 190 945 | 12 672 081 | 33 641 689 | 52 390 506 |
| Total non-current assets | 57 830 595 | 56 462 281 | 55 282 664 | 104 989 111 | 104 527 022 | 103 858 113 |
| Total assets | 61 856 927 | 63 071 780 | 62 473 609 | 117 661 192 | 138 168 711 | 156 248 619 |
| Balance sheet — liabilities and equity | ||||||
| Current liabilities | 3 615 245 | 3 535 448 | 1 183 175 | 2 763 860 | 21 198 884 | 28 965 014 |
| Non-current liabilities | 1 021 428 | 1 083 848 | 1 033 296 | 15 923 727 | 12 463 927 | 15 463 927 |
| Total liabilities | 4 636 673 | 4 619 296 | 2 216 471 | 18 687 587 | 33 662 811 | 44 428 941 |
| Share capital | 25 600 | 25 600 | 25 600 | 25 600 | 25 600 | 25 600 |
| Retained earnings of previous periods | 50 981 608 | 52 069 830 | 53 302 060 | 91 222 401 | 93 823 181 | 99 355 476 |
| Profit for the year | 1 088 222 | 1 232 230 | 1 804 654 | 2 600 780 | 5 532 295 | 7 313 778 |
| Reserves and other equity | 5 124 824 | 5 124 824 | 5 124 824 | 5 124 824 | 5 124 824 | 5 124 824 |
| Total equity | 57 220 254 | 58 452 484 | 60 257 138 | 98 973 605 | 104 505 900 | 111 819 678 |
| Income statement | ||||||
| Sales revenue | 1 276 853 | 1 175 467 | 1 913 997 | 2 314 638 | 2 768 197 | 2 944 972 |
| Operating profit | 829 527 | 936 604 | 1 608 471 | 1 693 441 | 1 961 449 | 1 278 899 |
| EBITDA | 859 217 | 953 327 | 1 621 135 | 1 706 314 | 1 993 240 | 1 785 615 |
| Profit before income tax | 1 088 222 | 1 232 230 | 1 804 654 | 2 600 780 | 5 532 295 | 7 313 778 |
| Profit for the reporting year | 1 088 222 | 1 232 230 | 1 804 654 | 2 600 780 | 5 532 295 | 7 313 778 |
| Labour costs | 158 768 | 114 757 | 127 490 | 157 662 | 289 778 | 361 771 |
| Depreciation of non-current assets | 29 690 | 16 723 | 12 664 | 12 873 | 31 791 | 506 716 |
| Other indicators | ||||||
| Employees | 10 | 0 | 7 | 8 | 13 | 13 |
| Calculated dividend | — | 0 | 0 | 0 | 0 | 0 |
A dash (—) means the report has not been filed or the line is not reported; 0 is a zero stated in the report.
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Source: e-Business Register (RIK). Files open/download directly from the official register.
Related companies
Same activity — Renting and operating of own or leased real estate