Borup Design ApS
Private limited companyCVR 63887528NæstvedActive
Borup Design ApS is a private limited company, based in Næstved, active in retail sale of watches and jewellery, founded in 1980. Net profit fell 12% from 2024 to 2025, ending at DKK 1m. With 17 employees, the company is about 6 times larger than the industry median. Gross profit is higher than that of 83% of the companies in the industry in the database.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 1% (2024 → 2025), to DKK 4.9m.
- Net profit fell 12% (2024 → 2025), to DKK 1m.
Registrations, last 24 months
- 01/01/2025: Industry changed to Retail sale of watches and jewellery (477700)
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 | 5,023 | 4,595 | 3,812 | 3,848 | 4,963 | 4,913 | −1% |
| Operating profit (EBIT) | 1,411 | 1,211 | 519 | 508 | 1,552 | 1,285 | −17.2% |
| Profit before tax | 1,409 | 1,210 | 509 | 496 | 1,487 | 1,307 | −12.1% |
| Net profit | 1,099 | 934 | 388 | 392 | 1,163 | 1,022 | −12.2% |
| Total assets | 11,017 | 11,157 | 10,282 | 8,686 | 10,208 | 9,851 | −3.5% |
| Equity | 7,302 | 7,236 | 7,624 | 5,803 | 6,967 | 6,988 | +0.3% |
| Liabilities | 3,711 | 3,916 | 2,658 | 2,883 | 3,242 | 2,863 | −11.7% |
| Cash and cash equivalents | 3,512 | 4,127 | 1,779 | 1,665 | 1,711 | 1,264 | −26.1% |
| Average number of employees | 15 | 15 | 15 | 15 | 14 | 14 | 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 | 01/10/2024 – 30/09/2025 | 01/04/2026 | The company | PDF not statedXBRL |
| 2024 | 01/10/2023 – 30/09/2024 | 03/04/2025 | The company | PDFXBRL |
| 2023 | 01/10/2022 – 30/09/2023 | 03/04/2024 | The company | PDFXBRL |
| 2022 | 01/10/2021 – 30/09/2022 | 04/04/2023 | The company | PDFXBRL |
| 2021 | 01/10/2020 – 30/09/2021 | 28/02/2022 | The company | PDFXBRL |
| 2020 | 01/10/2019 – 30/09/2020 | 16/03/2021 | 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
242 companies in the databaseComparison with the other companies in retail sale of watches and jewellery based on the latest financial year.
Industry median: gross profit DKK 1.9m, net profit DKK 168k, equity DKK 1.6m, 3 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. 13,672of 69,742 Better than 80% | No. 11,488of 69,964 Better than 84% |
| Same industry and fewer than 20 employees220 companies in the comparison | No. 21of 220 Better than 91% | No. 19of 220 Better than 92% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 5,675of 10,152 Better than 44% | No. 5,524of 10,275 Better than 46% |
| All companies of type ApS66,508 companies in the comparison | No. 14,015of 66,379 Better than 79% | No. 8,896of 66,505 Better than 87% |
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 watches and jewellery- Borup Design ApSDKK 4.9m
- Vibholm Guld og Sølv ApSDKK 125.2m
- Pilgrim A/SDKK 113.9m
- Borup Design ApSDKK 1m
- Vibholm Guld og Sølv ApSDKK 24.8m
- Pilgrim A/SDKK 6.9m
- Borup Design ApSDKK 7m
- Vibholm Guld og Sølv ApSDKK 77.3m
- Pilgrim A/SDKK 83m
- Borup Design ApS17
- Vibholm Guld og Sølv ApS312
- Pilgrim A/S416
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- M.borup Holding ApS100%
Management
2 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Martin Borup | CEO | 10/12/2009 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Martin Borup | Board member | 10/12/2009 |
- Auditor
- Centrum Revision V/KURT HÅKONSSON
Former management (3)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Søren Borup | Director | 01/12/1980 | 10/12/2009 |
| Søren Borup | Board member | 10/12/2009 | 30/09/2017 |
| Jytte Astrid Borup | Board member | 10/12/2009 | 30/09/2017 |
Signing rule: Selskabet tegnes af én direktør.
Address and production units
1 active production unitsNæstved Storcenter 3
4700 Næstved
| Production unit | Address | Employees | P number |
|---|---|---|---|
| SØREN BORUP DESIGN APS | Næstved Storcenter 3, 22, 4700 Næstved | 18 | 1003155051 |
Purpose
Selskabets formål er at drive handel, fabrikation, finansiering og dermed beslægtet virksomhed
The purpose is quoted from the register in Danish.
Changes year by year
25 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Retail sale of watches and jewellery (477700)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20212 changesaddress 1 · accounts 1
- AddressMoved to Næstved Storcenter 3, 22, 4700 Næstved
- AccountsAnnual report for 2020 published
20181 changeaddress 1
- AddressMoved to Næstved Storcenter 3, 22, 4700 Næstved
20173 changesmanagement 2 · address 1
- ManagementSøren Borup stepped down as board member
- ManagementJytte Astrid Borup stepped down as board member
- AddressMoved to Næstved Storcenter 22, 4700 Næstved
20131 changename 1
- NameName changed from SØREN BORUP DESIGN. ApS to BORUP DESIGN ApS
20101 changeownership 1
- OwnershipM.BORUP HOLDING ApS registered as owner (100%)
20096 changesaddress 1 · management 5
- AddressMoved to Næstved Storcenter 22, 4700 Næstved
- ManagementSøren Borup appointed board member
- ManagementJytte Astrid Borup appointed board member
- ManagementMartin Borup appointed board member
- ManagementMartin Borup appointed ceo
- ManagementSøren Borup stepped down as director
20081 changeindustry 1
- IndustryIndustry changed to Retail sale of watches and jewellery (477700)
20071 changeaddress 1
- AddressMoved to Adelgade 9, 4720 Præstø
19971 changecapital 1
- CapitalShare capital changed from 80,000 DKK to 200,000 DKK
19802 changesfounded 1 · management 1
- FoundedRegistered as SØREN BORUP DESIGN. ApS
- ManagementSøren Borup appointed director
Related companies
Same industry in Næstved
- Marcus Marcussen & Søn A/S8 employees
- Cassiopeia Guld & Sølv ApS8 employees
Same people in management
- Søren B. Nielsen A/Svia Jørgen Tvedegaard Madsen
- Finanssyd ApSvia Jørgen Tvedegaard Madsen
- Malermester Birthe Olsen A/Svia Jørgen Tvedegaard Madsen
- Bårse Auto- og Pladeværksted ApSvia Jørgen Tvedegaard Madsen
- Gismo Holding ApSvia Jørgen Tvedegaard Madsen
- Warner Chappell Music Denmark A/Svia Jørgen Tvedegaard Madsen
Largest in the industry
- Vibholm Guld og Sølv ApSDKK 125.2m
- Pilgrim A/SDKK 113.9m
- Bucherer Denmark ApSDKK 108.6m
- Vitus Guld ApSDKK 50.9m
- Trendhim ApSDKK 49.1m
- Ditur.dk ApSDKK 45.4m
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.