| THOR SHIPPING A/S | 10134463 | 96.70% |
| THORNICO IT A/S | 12699794 | 100.00% |
| DANFIBER A/S | 13591377 | 100.00% |
| GENERATORVEJ 4 ApS | 14137246 | 50.00% |
| STANICO A/S | 15234792 | 100.00% |
| HUMMEL HOLDING A/S | 15238712 | 1.00% |
| THORNICO A/S | 15960205 | 100.00% |
| SANOVO GREEN PACK K/S | 16219231 | 100.00% |
| WEST-STAR INTERNATIONAL A/S | 18835487 | 100.00% |
| Ovodan International A/S | 19356396 | 100.00% |
| INVESTERINGSSELSKABET AF 1. SEPTEMBER ApS | 21158372 | 100.00% |
| KOMMANDITSELSKABET GENERATORVEJ 4 | 24249247 | 50.00% |
| HUMMEL INTERNATIONAL A/S | 25042573 | 1.00% |
| CHINA EGG PRODUCTS ApS | 25529677 | 100.00% |
| hummel Invest ApS | 27218067 | 100.00% |
| DANISH OVO INVESTMENT ApS | 27758347 | 100.00% |
| Performance Group Scandinavia ApS | 30495748 | 1.00% |
| JONSTRUPVEJ 117-119 ApS | 30817796 | 100.00% |
| BEE SPORT ApS | 30835263 | 1.00% |
| LIBERTINE-LIBERTINE ApS | 32156754 | 33.80% |
| SANOVO PROCESS SOLUTIONS A/S | 32438334 | 100.00% |
| WEST-STAR HOLLAND A/S | 32654770 | 100.00% |
| WEST-STAR ITALY A/S | 32655904 | 100.00% |
| MARTECH ApS | 33865724 | 100.00% |
| Ovodan Biotech A/S | 33870256 | 100.00% |
| THORNICO HOLDING A/S | 35258000 | 100.00% |
| SANOVO CAPITAL A/S | 35518746 | 100.00% |
| Mätfoods A/S | 35636528 | 100.00% |
| West-Star Real Estate A/S | 37276367 | 100.00% |
| Havnegade Capital ApS | 37463744 | 100.00% |
| Thorco Capital III ApS | 37557463 | 100.00% |
| Sofia Shipping A/S | 37586005 | 96.70% |
| Thorco Projects ApS | 37745324 | 100.00% |
| Thornico Food & Food Technology Group A/S | 37750913 | 100.00% |
| Sanovo Logistic ApS | 38038001 | 100.00% |
| Ovodan Europe A/S | 39051613 | 100.00% |
| Sanovo Plastic Logistics ApS | 39051621 | 100.00% |
| West-Star ApS | 39716712 | 100.00% |
| Thornico Building K/S | 39729288 | 100.00% |
| Sanovo Technology Robotics A/S | 39876876 | 100.00% |
| Sanovo Technology Process A/S | 39876965 | 100.00% |
| hummel Bodh Gaya A/S | 39934965 | 1.00% |
| Red Swan ApS | 40005587 | 100.00% |
| hummel North America ApS | 40149619 | 1.00% |
| Hartmann East Asia ApS | 40444041 | 100.00% |
| Bumblebee ApS | 41705590 | 1.00% |
| Stanico South A/S | 41843055 | 100.00% |
| hummel Distribution Center A/S | 42976970 | 1.00% |
| hummel Cenozoic ApS | 43317032 | 1.00% |
| Ejendomsselskabet Jerstrup A/S | 44297442 | 100.00% |
| Ejendomsselskabet Harridslev A/S | 44297485 | 100.00% |
| Hummel Invest 2023 ApS | 44554194 | 0.10% |
| Apocalypse Now ApS | 44941988 | 100.00% |
| Kaz Foods ApS | 45100065 | 100.00% |
| HARTMANN PACKAGING A/S | 63049611 | 100.00% |
| I/S VARMECENTRALEN LØJTEGÅRDSVEJ | 65761017 | 75.00% |
| MARKON A/S | 73302315 | 1.00% |
| Ovodan Foods A/S | 78878428 | 100.00% |
| LACTOSAN A/S | 78878711 | 100.00% |
| HUMMEL A/S | 81198411 | 1.00% |
| SANOVO TECHNOLOGY A/S | 85485911 | 100.00% |
| DANOVO ApS | 87374815 | 100.00% |
| MOUNT BALDY A/S | 89633311 | 100.00% |