Lego shareholder earns a billion kroner a month

Lego owner Kirkbi has released its results for 2013, revealing sky-high profits

Kjeld Kirk Kristiansen’s company, Kirkbi, owns 75 percent of the Lego toy company. It had a profit before tax of 11.9 billion kroner, this represents a significant increase against the 10.1 billion proner pre-tax profits earned in 2012.

READ MORE: Lego family gets rid of planes

“The result is highly satisfactory and primarily achieved due to continued growth and yet another record profit in the Lego Group,” Søren Throrup Sørensen, the managing director of Kirkbi said in a press release.

Diverse portfolio
Kirkbi also owns 29.9 percent of Merlin Entertainments, which is the world’s second largest operator in the family entertainment and leisure park industry and owns the Lego theme parks.

“Merlin Entertainments plc continued the positive development and was listed on the London Stock Exchange in November 2013 with good interest,” Sørensen said.

In addition to investment in Lego and Merlin, Kirkbi has investments in the renewable energy field as well as a portfolio of property and financial instruments.

“Based on the good start to 2014 for both the Lego Group and our investment activities, the Kirkbi Group expects a satisfactory result in 2014,” the company wrote in the press release.

 




  • Gangs of Copenhagen

    Gangs of Copenhagen

    While Copenhagen is rated one of the safest cities in the world year after year, it is no stranger to organized crime, which often springs from highly professional syndicates operating from the shadows of the capital. These are the most important criminal groups active in the city

  • “The Danish underworld is now more tied to Scandinavia”

    “The Danish underworld is now more tied to Scandinavia”

    Carsten Norton is the author of several books about crime and gangs in Denmark, a journalist, and a crime specialist for Danish media such as TV 2 and Ekstra Bladet.

  • Right wing parties want nuclear power in Denmark

    Right wing parties want nuclear power in Denmark

    For 40 years, there has been a ban on nuclear power in Denmark. This may change after all right-wing parties in the Danish Parliament have expressed a desire to remove the ban.

  • Tunø: An island running out of time

    Tunø: An island running out of time

    The island of Tunø harbors a community of 74 adults and one child. There are no cars and only one connection to the rest of the world. Now, climate change threatens it

  • Cross-border moves on the rise in the Øresund region

    Cross-border moves on the rise in the Øresund region

    The number of relocations across the Øresund Region is rising. As highlighted by 2023 numbers, Sweden benefits from a growing interest, especially among younger generations.

  • In conversation with Conrad Molden: The man behind the mic

    In conversation with Conrad Molden: The man behind the mic

    He’s tickled our funny bone with countless wisecracks and clever wordplay, and in the process, made Denmark feel a little more personable to many expats. An international import himself, funny man Conrad Molden has successfully carved out a niche for himself on the Danish stand-up scene, but it’s taken a solid 13 years, much trial and error, and heaps of Danglish

Connect Club is your gateway to a vibrant programme of events and an international community in Denmark.