Baze A/S
Public limited companyCVR 25277651HorsensActive
Baze A/S is a public limited company, based in Horsens, active in wholesale of clothing, founded in 2000. Net profit fell 63% from 2024 to 2025, ending at DKK 1.1m. With 32 employees, the company is about 6 times larger than the industry median.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 3% (2024 → 2025), to DKK 13m.
- Net profit fell 63% (2024 → 2025), to DKK 1.1m.
- Equity rose 10% (2024 → 2025), to DKK 12.1m.
Employees
- 1 fewer employees than a year earlier: 32 (08/2026) against 33 (08/2025).
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 | 8,398 | 10,197 | 10,483 | 11,010 | 13,418 | 12,985 | −3.2% |
| Operating profit (EBIT) | 2,338 | 3,420 | 2,065 | 1,416 | 3,792 | 1,522 | −59.9% |
| Profit before tax | 2,322 | 3,544 | 2,029 | 1,334 | 3,700 | 1,381 | −62.7% |
| Net profit | 1,801 | 2,776 | 1,570 | 1,017 | 2,874 | 1,061 | −63.1% |
| Total assets | 18,017 | 30,854 | 23,735 | 28,697 | 36,140 | 42,682 | +18.1% |
| Equity | 5,307 | 8,083 | 9,653 | 8,170 | 11,044 | 12,105 | +9.6% |
| Liabilities | 12,710 | 22,637 | 14,013 | 20,490 | 24,771 | 30,266 | +22.2% |
| Cash and cash equivalents | 2 | 48 | 18 | 19 | 285 | 28 | −90.2% |
| Average number of employees | 14 | 16 | 19 | 21 | 21 | 22 | +4.8% |
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 | 30/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 08/04/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 30/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 24/04/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 07/03/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 19/03/2021 | 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
356 companies in the databaseComparison with the other companies in wholesale of clothing based on the latest financial year.
Industry median: gross profit DKK 3.9m, net profit DKK 258k, equity DKK 3.4m, 5 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 4,745of 9,892 Better than 52% | No. 2,671of 9,922 Better than 73% |
| Same industry and 20–49 employees60 companies in the comparison | No. 43of 60 Better than 29% | No. 37of 60 Better than 39% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 4,858of 24,791 Better than 80% | No. 5,981of 24,909 Better than 76% |
| All companies of type A/S18,025 companies in the comparison | No. 7,821of 17,786 Better than 56% | No. 7,999of 18,024 Better than 56% |
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 clothing- Baze A/SDKK 13m
- DK Company A/SDKK 2.9bn
- Sports Connection ApSDKK 439.2m
- Baze A/SDKK 1.1m
- DK Company A/SDKK 309.3m
- Sports Connection ApSDKK 315.1m
- Baze A/SDKK 12.1m
- DK Company A/SDKK 1.3bn
- Sports Connection ApSDKK 620.5m
- Baze A/S32
- DK Company A/S467
- Sports Connection ApS76
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Majuem Holding ApS100%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Dorte Nedergaard Frandsen | Director | 20/06/2017 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Dorte Nedergaard Frandsen | Board member | 20/06/2017 |
| Mette Neville | Board member | 25/01/2023 |
| Jeanette Brogaard | Chair of the board | 25/01/2023 |
- Founders
- Ole Skibsted
Former management (8)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Dorte Nedergaard Frandsen | Director | 27/03/2000 | 27/06/2003 |
| Ole Skibsted | Director | 27/06/2003 | 20/06/2017 |
| Ole Skibsted | Board member | 14/05/2009 | 20/06/2017 |
| Ole Nikolaj Frandsen | Board member | 14/05/2009 | 19/06/2017 |
| Dorte Nedergaard Frandsen | Chair of the board | 14/05/2009 | 19/06/2017 |
| Ole Nikolaj Frandsen | Chair of the board | 20/06/2017 | 25/01/2023 |
| Patrick Holst Høstrup | Board member | 20/06/2017 | 12/09/2021 |
| Grethe Lene Frandsen | Board member | 12/09/2021 | 25/01/2023 |
Signing rule: Selskabet tegnes af 1 direktør.
Address and production units
2 active production unitsIslandsvej 28
8700 Horsens
| Production unit | Address | Employees | P number |
|---|---|---|---|
| BAZE A/S | Islandsvej 28, 8700 Horsens | 32 | 1003988842 |
| Baze A/S | Farum Gydevej 85, 3520 Farum | 1 | 1018671855 |
Purpose
Selskabets formål er handel med og produktion af arbejdsbeklædning, strøartikler, gaveartikler, profilbeklædning samt hermed beslægtede varer.
The purpose is quoted from the register in Danish.
Changes year by year
36 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
20235 changesaccounts 1 · management 4
- AccountsAnnual report for 2022 published
- ManagementJeanette Brogaard appointed chair of the board
- ManagementMette Neville appointed board member
- ManagementGrethe Lene Frandsen stepped down as board member
- ManagementOle Nikolaj Frandsen stepped down as chair of the board
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20213 changesmanagement 2 · accounts 1
- ManagementGrethe Lene Frandsen appointed board member
- ManagementPatrick Holst Høstrup stepped down as board member
- AccountsAnnual report for 2020 published
20181 changeaddress 1
- AddressMoved to Islandsvej 28, 8700 Horsens
201711 changesaddress 1 · management 8 · ownership 2
- AddressMoved to Islandsvej 28, 8700 Horsens
- ManagementPatrick Holst Høstrup appointed board member
- ManagementOle Nikolaj Frandsen appointed chair of the board
- ManagementDorte Nedergaard Frandsen appointed board member
- ManagementDorte Nedergaard Frandsen appointed director
- ManagementOle Skibsted stepped down as board member
- ManagementOle Skibsted stepped down as director
- ManagementOle Nikolaj Frandsen stepped down as board member
- ManagementDorte Nedergaard Frandsen stepped down as chair of the board
- OwnershipMajuem Holding ApS registered as owner (100%)
- OwnershipØSTERGAARD HOLDING AF 2OO3 ApS is no longer registered as owner
20094 changesname 1 · management 3
- NameName changed from BAZE HORSENS ApS to BAZE A/S
- ManagementOle Nikolaj Frandsen appointed board member
- ManagementOle Skibsted appointed board member
- ManagementDorte Nedergaard Frandsen appointed chair of the board
20051 changeaddress 1
- AddressMoved to Søndergårdsalle 1-3, 8700 Horsens
20035 changesname 1 · capital 1 · management 2 · ownership 1
- NameName changed from SPORT & PROFIL ApS to BAZE HORSENS ApS
- CapitalShare capital changed from 200,000 DKK to 500,000 DKK
- ManagementOle Skibsted appointed director
- ManagementDorte Nedergaard Frandsen stepped down as director
- OwnershipØSTERGAARD HOLDING AF 2OO3 ApS registered as owner (100%)
20002 changesfounded 1 · management 1
- FoundedRegistered as SPORT & PROFIL ApS
- ManagementDorte Nedergaard Frandsen appointed director
Related companies
Same people in management
- Aarhus Vand A/Svia Mette Neville
- Elbek & Vejrup A/Svia Kurt Bjarke Beck Pedersen
- Aros Maler Entreprise A/Svia Jeanette Brogaard
- Jansson El A/Svia Ole Skibsted
- Aros Development A/Svia Jeanette Brogaard
- Nybo Workwear A/Svia Mette Neville
Largest in the industry
- DK Company A/SDKK 2.9bn
- Sports Connection ApSDKK 439.2m
- DK Company Cph A/SDKK 301.6m
- Sports Group Denmark A/SDKK 266.2m
- Soya Group A/SDKK 236.1m
- Rexholm A/SDKK 199m
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.