Lars Larsen Group moves its head office to Silkeborg
As of 5 February 2024, Lars Larsen Group’s head office is located in Silkeborg. In connection with the move, the family office changes its name from LLG A/S to Lars Larsen Group A/S.
Topics: Business enterprise
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JYSK and Lars Larsen Group donate DKK 2 million to starving and vulnerable children through Danmarks Indsamling
For the 18th consecutive year, JYSK and Larsen Larsen Group support the charity fundraising Danmarks Indsamling by donating two million kroner to starving and vulnerable children.
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Lars Larsen Group delivers record revenue and continues long-term investment strategy
With the results for the financial year 2022/23, Lars Larsen Group sets another revenue record in spite of continued global volatility and market uncertainty. The total revenue for the Group rose to DKK 45.4bn in 2022/23 – a three percent increase compared to the previous financial year, which also was a record year for the group.
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ILVA welcomes new CEO
Kim Møller Mønster will join ILVA as new CEO for the furniture chain headquartered in Sabro by Aarhus on 1 April 2024.
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JYSK delivers strong financial results in challenging global market
For the financial year 2022/23 (FY23), JYSK reached an EBIT result of DKK 3.96 billion (EUR 531 million) and increased its turnover by 6.3% to DKK 38.5 billion (EUR 5.2 billion.) The global home furnishing retailer continued its expansion plans and welcomed over 1.2 million new customers to its stores despite the slowdown in the global retail market.
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SENG sustains ambitions of growth despite challenging market
The bed store chain SENG, which changed name from SengeSpecialisten in January 2023, closes the financial year 2022/23 with a turnover in Denmark of DKK 192.5m and an EBIT-result of DKK -5.7m. The company sustains its plans of expansion in Sweden in spite of the challenging market situation.
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Lars Larsen Group commits to reducing emission of greenhouse gases
Lars Larsen Group and the subsidiaries JYSK, Actona Group, Bolia, ILVA, SOFACOMPANY, and ScanCom International sign up for the Science Based Targets initiative (SBTi).
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The design company Bolia holds market share and accelerates expansion
Bolia presents a total sales results for 2022/23 of 1.3 billion DKK, which is at the same high level as 2021/22, a record year for the company. However, after thirteen consecutive profitable years, the EBIT result for the year 2022/23 landed at -5.6 million DKK compared to 50 million DKK the previous year.
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ScanCom International sees improved operational results in a heavily challenged market
The furniture group, ScanCom International A/S, achieves an improvement in the operational performance for the fiscal year 2022/23 despite being heavily affected by lacking sales and challenging market conditions.
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Lars Larsen Group and GMB Ejendomme enter strategic partnership for commercial development in Silkeborg
Two of Silkeborg’s most significant commercial developers have joined forces to strengthen the city’s position as an attractive location for businesses, which will be able to attract jobs for the many newcomers.
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ILVA presents turnover of 1.4 billion and sustains core ambitions
ILVA closes the financial year 2022/23 with a turnover of DKK 1.4bn and the furniture chain maintains its focus on strengthening its work with sustainability and its brand awareness in Sweden.
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JYSK and Lars Larsen Group donate DKK 1 mio. to the fight against cancer
For the 12th year in a row, the Danish Cancer Association hosts the national fundraising show “Knæk Cancer” (Beat Cancer). JYSK and Lars Larsen Group will donate DKK 1 mio. to the cause.
According to the Danish Cancer Association one in three Danes are diagnosed with cancer and every day, 43 people die from the disease. And although it is possible for more and more people to survive a cancer -
SOFACOMPANY continues expansion despite adversity
The Danish design brand, SOFACOMPANY, continues its international expansion plan in spite of the challenges in the global retail market.
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Actona Group delivers record revenue in a difficult market
Actona Group presents a very satisfying result for the financial year 2022/23 despite a challenging and changing market characterised by inflation, cost increases, and geopolitical uncertainty.
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Lars Larsen Group invests again: EUR 100m earmarked for green energy
With a commitment of EUR 100m Lars Larsen Group once again invests in renewable energy through Copenhagen Infrastructure Partners’ new flagship fund, Fund V.
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Welcoming the new Lars Larsen Group Retail-team
The first day of autumn also marks the first official working day for the new business constellation that is Lars Larsen Group Retail.
Lars Larsen Group Retail (LLGR) is one of two main business areas in Lars Larsen Group and comprises the subsidiaries JYSK, Bolia.com, ILVA, Third.space, SENG, Sengetid.dk, and SOFACOMPANY.
Heading the LLGR-team is Jan Bøgh, the long-serving President and -
Family honours Lars Larsen with bronze sculpture
At the head office in Brabrand, the owner-family behind Lars Larsen Group and JYSK honours the founder of the company with a full-size bronze sculpture.
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Lars Larsen Group welcomes new CFO
On 14 August 2023 Malene Rhode Carstensen joins Lars Larsen Group as Executive Vice President and Chief Financial Officer (CFO).
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JYSK opens first stores in Türkiye
Continuing the expansion to new markets, JYSK will open its first two stores in Türkiye in the first week of May 2023.
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Jesper Lund, President and CEO of Lars Larsen Group, turns 60
While the global winds blow, Jesper Lund heads one of the biggest companies in Denmark. On 8 April, he turns 60.
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