A/S Michelsen & Rasmussen
Public limited companyCVR 21100803København SActive
A/S Michelsen & Rasmussen is a public limited company, based in København S, active in wholesale of footwear, founded in 1998. Net profit fell 28% from 2024 to 2025, ending at DKK 101k. 8 other companies in the database are registered at the same address.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 9% (2024 → 2025), to DKK 1.5m.
- Net profit fell 28% (2024 → 2025), to DKK 101k.
- Equity rose 6% (2024 → 2025), to DKK 1.8m.
Calculated from the latest two annual reports in sequence and from registrations in CVR. A figure that is missing in either year gives no line, and we derive no figures.
Financial statements
Financial years 2020–2025 · amounts in DKK thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 1,883 | 1,647 | 2,230 | 1,729 | 1,634 | 1,485 | −9.1% |
| Operating profit (EBIT) | – | 251 | 833 | 397 | 216 | 124 | −42.4% |
| Profit before tax | 462 | 282 | 839 | 400 | 236 | 155 | −34% |
| Net profit | 342 | 203 | 646 | 283 | 141 | 101 | −28.3% |
| Total assets | 1,865 | 2,065 | 2,380 | 2,016 | 2,047 | 2,125 | +3.8% |
| Equity | 991 | 1,194 | 1,840 | 1,523 | 1,664 | 1,765 | +6.1% |
| Liabilities | 870 | 869 | 539 | 493 | 383 | 361 | −5.8% |
| Cash and cash equivalents | 1 | 2 | 985 | 1,127 | 744 | 1,244 | +67.3% |
| Average number of employees | 3 | 2 | – | 2 | 2 | 2 | 0% |
Source: annual reports filed with the Danish Business Authority (XBRL). Figures for the company (not the group); change is the latest year against the year before. “–” means the figure is not stated in the annual report. Revenue is not stated for 2020, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures.
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresProfit for five years in a row
Net result has been positive in 2021–2025.
How is this calculated?
Net result is positive in the five latest annual reports in a row.
The signals are rules applied to the figures in the annual reports. They are not an assessment or credit rating of the company. See Data and method.
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 31/03/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 09/05/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 19/02/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 23/02/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 15/03/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 04/03/2021 | The company | PDFXBRL |
The figures from all the annual reports are shown on this page. The documents themselves (PDF and XBRL, the machine-readable edition) are downloaded with a Pro account: sign in or create a free account, and then choose Pro. XBRL is the edition the figures on the page are read from.
Employees
monthly figures from CVRPosition in the industry
44 companies in the databaseComparison with the other companies in wholesale of footwear based on the latest financial year.
Industry median: gross profit DKK 5.7m, net profit DKK 1.1m, equity DKK 7.1m, 7 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with fewer than 20 employees69,967 companies in the comparison | No. 37,071of 69,742 Better than 47% | No. 25,994of 69,964 Better than 63% |
| Same industry and fewer than 20 employees34 companies in the comparison | No. 22of 34 Better than 36% | No. 21of 34 Better than 39% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 17,119of 24,791 Better than 31% | No. 15,289of 24,909 Better than 39% |
| All companies of type A/S18,025 companies in the comparison | No. 15,161of 17,786 Better than 15% | No. 14,842of 18,024 Better than 18% |
The rank is calculated among companies in the database with a figure for the latest financial year, and is shown only for groups of at least ten companies.
Compare with the industry
Wholesale of footwear- A/S Michelsen & RasmussenDKK 1.5m
- Sika Footwear A/SDKK 74.6m
- New Balance Denmark ApSDKK 67.1m
- A/S Michelsen & RasmussenDKK 101k
- Sika Footwear A/SDKK 19.9m
- New Balance Denmark ApSDKK 32.4m
- A/S Michelsen & RasmussenDKK 1.8m
- Sika Footwear A/SDKK 107.6m
- New Balance Denmark ApSDKK 37.6m
- A/S Michelsen & Rasmussen4
- Sika Footwear A/S69
- New Balance Denmark ApS36
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- LM Holding København ApS100%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Lars Martin Michelsen | Director | 16/02/2004 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Niels Ulrik Heine | Chair of the board | 15/06/1998 |
| Lars Martin Michelsen | Board member | 15/06/1998 |
| Helene Egholm | Board member | 02/01/2018 |
- Founders
- Jørgen Michelsen ApS
Former management (3)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Jørgen Michelsen | Board member | 15/06/1998 | 22/02/2007 |
| Jørgen Michelsen | Director | 15/06/1998 | 16/02/2004 |
| Henrik Oksholm | Board member | 18/08/1999 | 02/01/2018 |
Signing rule: Selskabet tegnes af en direktør eller af to bestyrelsesmedlemmer i forening.
Address and production units
1 active production unitsCenter Boulevard 5
2300 København S
København Municipality · Postcode 2300
Other companies at the address (8)
- Bella Operation A/SOrganisation of conventions and trade shows
- Frontline We Trust ApSPrivate investigation and private security activities
- Din Familiejurist ApSLegal activities
- Event Piloterne ApSOther business support service activities n.e.c.
- Adtimize ApSPlanning and design of advertising campaigns
| Production unit | Address | Employees | P number |
|---|---|---|---|
| A/S MICHELSEN & RASMUSSEN | Center Boulevard 5, 2300 København S | 4 | 1000307286 |
Purpose
Selskabets formål er handel med sko på grossist- og agenturbasis og dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
24 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20223 changesaddress 2 · accounts 1
- AddressMoved to Center Boulevard 5, 2300 København S
- AddressMoved to Center Boulevard 5, 2300 København S
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20191 changeaddress 1
- AddressMoved to Center Boulevard 5, 2300 København S
20183 changesaddress 1 · management 2
- AddressMoved to Center Boulevard 5, 2300 København S
- ManagementHelene Egholm appointed board member
- ManagementHenrik Oksholm stepped down as board member
20171 changeaddress 1
- AddressMoved to Center Boulevard 5, 2300 København S
20072 changesaddress 1 · management 1
- AddressMoved to Værkstedvej 61, 2500 Valby
- ManagementJørgen Michelsen stepped down as board member
20043 changesownership 1 · management 2
- OwnershipLM HOLDING KØBENHAVN ApS registered as owner (100%)
- ManagementLars Martin Michelsen appointed director
- ManagementJørgen Michelsen stepped down as director
19991 changemanagement 1
- ManagementHenrik Oksholm appointed board member
19985 changesfounded 1 · management 4
- FoundedRegistered as A/S MICHELSEN & RASMUSSEN
- ManagementLars Martin Michelsen appointed board member
- ManagementNiels Ulrik Heine appointed chair of the board
- ManagementJørgen Michelsen appointed director
- ManagementJørgen Michelsen appointed board member
Related companies
Same industry in København
- Bonvita Footwear Company ApS29 employees
- Airtox Industries A/S24 employees
- Birkenstock Nordic ApS17 employees
- ARKK Copenhagen ApS13 employees
- Nordic Apparel ApS9 employees
- Nordic Apparel Retail ApS6 employees
Same people in management
- Biltema Danmark A/Svia Niels Ulrik Heine
- Ditobus Linjetrafik A/Svia Niels Ulrik Heine
- Haribo Produktion A/Svia Iver Hansen Iversen
- Ditobus Servicetrafik A/Svia Niels Ulrik Heine
- Vilhelm Lauritzen Arkitekter A/Svia Iver Hansen Iversen
- Ditobus Excursions A/Svia Niels Ulrik Heine
Largest in the industry
- Sika Footwear A/SDKK 74.6m
- New Balance Denmark ApSDKK 67.1m
- Shoe-d-vision AMBADKK 47.9m
- Airtox Industries A/SDKK 39.5m
- Bisgaard Sko A/SDKK 38.2m
- Woden A/SDKK 21.3m
Source and updates
The information comes from the Danish Central Business Register (Danish Business Authority) and from annual reports filed with the Danish Business Authority. Last synchronised 24/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.