Bitte Kai Rand & Co. A/S
Public limited companyCVR 17890832NordhavnActive
Bitte Kai Rand & Co. A/S is a public limited company, based in Nordhavn, active in retail sale of clothing, founded in 1994. Net profit fell 50% from 2024 to 2025, ending at DKK 2.7m. Operations are spread over 7 production units in 5 towns. With 55 employees, the company is about 18 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 2% (2024 → 2025), to DKK 23.9m.
- Net profit fell 50% (2024 → 2025), to DKK 2.7m.
- Equity fell 16% (2024 → 2025), to DKK 17.4m.
Management and owners, last 24 months
- New in management: Rasmus Munk Elverdam (board member, 15/07/2025), Lars Bybjerg (board member, 15/07/2025) and Peter Degnboel Thostrup (chair of the board, 15/07/2025) (+2).
- Stepped down: Bitte Kai Rand (board member, 15/07/2025), Michael Niels Rand (board member, 15/07/2025) and Michael Niels Rand (director, 15/07/2025) (+1).
- New owners registered: EMIL Retail Holding ApS (15/07/2025).
- No longer registered as owner: Bkr Holding A/S (15/07/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Retail sale of clothing (477110)
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 | 11,876 | 19,880 | 25,316 | 23,583 | 24,495 | 23,912 | −2.4% |
| Operating profit (EBIT) | −4,563 | – | 7,281 | 5,732 | 4,591 | 2,943 | −35.9% |
| Profit before tax | −4,469 | 3,296 | 9,847 | 6,952 | 6,460 | 3,343 | −48.3% |
| Net profit | −3,430 | 2,529 | 8,283 | 5,733 | 5,471 | 2,733 | −50% |
| Total assets | 32,955 | 33,926 | 37,453 | 37,832 | 37,390 | 38,670 | +3.4% |
| Equity | 13,854 | 16,456 | 24,749 | 20,250 | 20,640 | 17,416 | −15.6% |
| Liabilities | 19,101 | 17,469 | 12,704 | 17,582 | 16,750 | 21,254 | +26.9% |
| Cash and cash equivalents | 2,458 | 2,026 | 5,830 | 2,674 | 2,866 | 2,301 | −19.7% |
| Average number of employees | 38 | 36 | 36 | 41 | 42 | 42 | 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 | 01/04/2024 – 31/03/2025 | 27/04/2026 | The company | PDF not statedXBRL |
| 2024 | 01/04/2023 – 31/03/2024 | 30/09/2024 | The company | PDFXBRL |
| 2023 | 01/04/2022 – 31/03/2023 | 29/09/2023 | The company | PDFXBRL |
| 2022 | 01/04/2021 – 31/03/2022 | 12/10/2022 | The company | PDFXBRL |
| 2021 | 01/04/2020 – 31/03/2021 | 09/09/2021 | The company | PDFXBRL |
| 2020 | 01/04/2019 – 31/03/2020 | 29/12/2020 | 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
937 companies in the databaseComparison with the other companies in retail sale of clothing based on the latest financial year.
Industry median: gross profit DKK 1.3m, net profit DKK 76,336, equity DKK 784k, 3 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 50–199 employees4,467 companies in the comparison | No. 3,067of 4,412 Better than 30% | No. 2,337of 4,466 Better than 48% |
| Same industry and 50–199 employees28 companies in the comparison | No. 11of 28 Better than 63% | No. 12of 28 Better than 59% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 2,497of 10,152 Better than 75% | No. 3,658of 10,275 Better than 64% |
| All companies of type A/S18,025 companies in the comparison | No. 5,194of 17,786 Better than 71% | No. 6,666of 18,024 Better than 63% |
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
Retail sale of clothing- Bitte Kai Rand & Co. A/SDKK 23.9m
- H & M Hennes & Mauritz A/SDKK 718.7m
- Pwt Group A/SDKK 407.4m
- Bitte Kai Rand & Co. A/SDKK 2.7m
- H & M Hennes & Mauritz A/SDKK 106.2m
- Pwt Group A/SDKK 112.3m
- Bitte Kai Rand & Co. A/SDKK 17.4m
- H & M Hennes & Mauritz A/SDKK 299.3m
- Pwt Group A/SDKK 283.1m
- Bitte Kai Rand & Co. A/S55
- H & M Hennes & Mauritz A/S2,767
- Pwt Group A/S522
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterManagement
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Camilla Deichmann | Director | 15/07/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Rasmus Munk Elverdam | Board member | 15/07/2025 |
| Lars Bybjerg | Board member | 15/07/2025 |
| Peter Degnboel Thostrup | Chair of the board | 15/07/2025 |
| Adam Hertz Massigeh | Board member | 13/04/2026 |
- Auditor
- Grant Thornton, Godkendt Revisionspartnerselskab
- Founders
- A/S Pse Nr. 1680
Former management (10)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Per Emil Hasselbalch Stakemann | Director | 01/07/1994 | 09/12/1994 |
| Henning Fjellerad | Director | 01/07/1994 | 09/08/1996 |
| Poul Hansen | Director | 09/08/1996 | 01/12/1998 |
| Michael Vilhelm Nielsen | Board member | 01/12/1998 | 27/09/2002 |
| Per Kai Nielsen | Board member | 01/12/1998 | 27/09/2002 |
| Bitte Kai Rand | Board member | 01/12/1998 | 15/07/2025 |
| Michael Niels Rand | Board member | 01/12/1998 | 15/07/2025 |
| Michael Niels Rand | Director | 01/12/1998 | 15/07/2025 |
| Ole Poulsen | Board member | 08/03/2000 | 01/10/2000 |
| Peer Pommergaard Jessen | Board member | 27/09/2002 | 15/07/2025 |
Signing rule: Selskabet tegnes af en direktør i forening med et bestyrelsesmedlem eller af to medlemmer af bestyrelsen i forening.
Address and production units
7 active production unitsSkudehavnsvej 34
2150 Nordhavn
| Production unit | Address | Employees | P number |
|---|---|---|---|
| BITTE KAI RAND & CO A/S | Skudehavnsvej 34, 2150 Nordhavn | 27 | 1003176525 |
| BITTE KAI RAND & CO A/S | Pilestræde 26, 1112 København K | 13 | 1012873642 |
| Bitte Kai Rand & Co. A/S | Guldsmedgade 34, st, 8000 Aarhus C | 5 | 1016721065 |
| BITTE KAI RAND & CO A/S | Klaregade 14, 5000 Odense C | 4 | 1012873650 |
| BITTE KAI RAND & CO A/S | Lille Strandstræde 22, 1254 København K | 3 | 1003176537 |
| BITTE KAI RAND & CO. A/S | Kongens Nytorv 13, 1050 København K | 2 | 1014825254 |
| BITTE KAI RAND & CO. A/S | Strandvejen 177, 2900 Hellerup | 1 | 1025604365 |
Purpose
Selskabets formål er at drive handel og fabrikation.
The purpose is quoted from the register in Danish.
Changes year by year
44 registered events20262 changesaccounts 1 · management 1
- AccountsAnnual report for 2025 published
- ManagementAdam Hertz Massigeh appointed board member
202511 changesmanagement 8 · ownership 2 · industry 1
- ManagementRasmus Munk Elverdam appointed board member
- ManagementLars Bybjerg appointed board member
- ManagementCamilla Deichmann appointed director
- ManagementPeter Degnboel Thostrup appointed chair of the board
- ManagementPeer Pommergaard Jessen stepped down as board member
- ManagementMichael Niels Rand stepped down as director
- ManagementBitte Kai Rand stepped down as board member
- ManagementMichael Niels Rand stepped down as board member
- OwnershipEMIL Retail Holding ApS registered as owner (100%)
- OwnershipBKR HOLDING A/S is no longer registered as owner
- IndustryIndustry changed to Retail sale of clothing (477110)
20241 changeaccounts 1
- AccountsAnnual report for 2024 published
20232 changesaccounts 1 · address 1
- AccountsAnnual report for 2023 published
- AddressMoved to Skudehavnsvej 34, 2150 Nordhavn
20221 changeaccounts 1
- AccountsAnnual report for 2022 published
20211 changeaccounts 1
- AccountsAnnual report for 2021 published
20201 changeaccounts 1
- AccountsAnnual report for 2020 published
20181 changeaddress 1
- AddressMoved to Skudehavnsvej 34, 2150 Nordhavn
20131 changeaddress 1
- AddressMoved to Skudehavnsvej 34, 2150 Nordhavn
20092 changescapital 1 · ownership 1
- CapitalShare capital changed from 1,000,000 DKK to 2,000,000 DKK
- OwnershipBKR HOLDING A/S registered as owner (100%)
20024 changesmanagement 3 · industry 1
- ManagementPeer Pommergaard Jessen appointed board member
- ManagementMichael Vilhelm Nielsen stepped down as board member
- ManagementPer Kai Nielsen stepped down as board member
- IndustryIndustry changed to Engroshandel med beklædning (514210)
20002 changesmanagement 2
- ManagementOle Poulsen stepped down as board member
- ManagementOle Poulsen appointed board member
19988 changesname 1 · capital 1 · management 6
- NameName changed from BITTE KAI RAND & CO. FINANS ApS to BITTE KAI RAND & CO. A/S
- CapitalShare capital changed from 200,000 DKK to 1,000,000 DKK
- ManagementMichael Niels Rand appointed director
- ManagementMichael Vilhelm Nielsen appointed board member
- ManagementPer Kai Nielsen appointed board member
- ManagementBitte Kai Rand appointed board member
- ManagementMichael Niels Rand appointed board member
- ManagementPoul Hansen stepped down as director
19962 changesmanagement 2
- ManagementPoul Hansen appointed director
- ManagementHenning Fjellerad stepped down as director
19945 changesname 1 · management 3 · founded 1
- NameName changed from ApS SPKR 4 NR. 3542 to BITTE KAI RAND & CO. FINANS ApS
- ManagementPer Emil Hasselbalch Stakemann stepped down as director
- FoundedRegistered as ApS SPKR 4 NR. 3542
- ManagementPer Emil Hasselbalch Stakemann appointed director
- ManagementHenning Fjellerad appointed director
Related companies
Same industry in København
- H & M Hennes & Mauritz A/S2,767 employees
- INDITEX Danmark A/S481 employees
- Lager 157 ApS220 employees
- Hunkemöller Danmark A/S209 employees
- Gina Tricot A/S198 employees
- Newyorker Danmark ApS105 employees
Same people in management
- ISS Facility Services A/Svia Erik Tronborg Andersen
- Falck Danmark A/Svia Erik Tronborg Andersen
- Tryg Forsikring A/Svia Per Emil Hasselbalch Stakemann
- Jem & Fix A/Svia Per Emil Hasselbalch Stakemann
- AL Sydbank A/Svia Per Emil Hasselbalch Stakemann
- Bauhaus Danmark A/Svia Erik Tronborg Andersen
Largest in the industry
- H & M Hennes & Mauritz A/SDKK 718.7m
- Pwt Group A/SDKK 407.4m
- BESTSELLER Stores Denmark A/SDKK 279.7m
- INDITEX Danmark A/SDKK 239.9m
- Only Stores Denmark A/SDKK 135.2m
- Axel Kaufmann ApSDKK 123.7m
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.