Copenhagen Merchants A/S
Public limited companyCVR 31495091NordhavnActive
Copenhagen Merchants A/S is a public limited company, based in Nordhavn, active in agents in agricultural raw materials, live animals, textile raw materials and semi-finished goods, founded in 2008. The company made a loss in both 2024 and 2025, most recently DKK 12.5m. Equity grew to DKK 7.4m in 2025. 6 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 48% (2024 → 2025), to DKK 3.4m.
- The loss grew: from DKK 40,437 to DKK 12.5m (2024 → 2025).
- Equity rose 197% (2024 → 2025), to DKK 7.4m.
Management and owners, last 24 months
- New in management: Morten Meyer Hoel (board member, 01/05/2026) and Bjørn Norholdt Eckford-Olsen (chair of the board, 01/05/2026).
- Stepped down: Torben Herman Christensen (board member, 01/05/2026) and Klaus Ewald Madsen (chair of the board, 01/05/2026).
Registrations, last 24 months
- 01/01/2025: Industry changed to Agents in agricultural raw materials, live animals, textile raw materials and semi-finished goods (461100)
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 | 14,841 | 28,515 | 6,676 | 4,718 | 6,510 | 3,354 | −48.5% |
| Operating profit (EBIT) | 3,915 | 16,398 | −2,929 | −5,599 | −1,901 | −3,398 | −78.7% |
| Profit before tax | 5,014 | 24,064 | 2,953 | −4,574 | −232 | −13,636 | −5,782.3% |
| Net profit | 3,824 | 20,358 | 3,305 | −3,626 | −40 | −12,550 | −30,935.5% |
| Total assets | 47,139 | 50,826 | 27,179 | 18,486 | 22,198 | 22,696 | +2.2% |
| Equity | 28,857 | 40,140 | 22,229 | 2,466 | 2,501 | 7,421 | +196.7% |
| Liabilities | 12,129 | 9,005 | 3,233 | 12,284 | 19,697 | 15,276 | −22.4% |
| Cash and cash equivalents | 6,470 | 571 | 2,891 | 913 | 65 | 2,039 | +3,049.6% |
| Average number of employees | 10 | 10 | 7 | 7 | 7 | 6 | −14.3% |
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 figuresLoss for 3 years in a row
Net result has been negative in 2023–2025.
How is this calculated?
Net result is negative in the two or more 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 | 11/05/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 09/04/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 25/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 04/07/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 30/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 07/06/2021 | 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
26 companies in the databaseComparison with the other companies in agents in agricultural raw materials, live animals, textile raw materials and semi-finished goods based on the latest financial year.
Industry median: gross profit DKK 3.5m, net profit DKK 487k, equity DKK 3.4m, 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. 20,417of 69,742 Better than 71% | No. 11,020of 69,964 Better than 84% |
| Same industry and fewer than 20 employees23 companies in the comparison | No. 11of 23 Better than 55% | No. 7of 23 Better than 73% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 12,269of 24,791 Better than 51% | No. 7,915of 24,909 Better than 68% |
| All companies of type A/S18,025 companies in the comparison | No. 13,311of 17,786 Better than 25% | No. 9,940of 18,024 Better than 45% |
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
Agents in agricultural raw materials, live animals, textile raw materials and semi-finished goods- Copenhagen Merchants A/SDKK 3.4m
- Dla Agro A.m.b.a.DKK 300.4m
- Leverandørselskabet til Lemvig Biogasanlæg A.m.b.aDKK 23.3m
- Copenhagen Merchants A/S−DKK 12.5m
- Dla Agro A.m.b.a.DKK 274.8m
- Leverandørselskabet til Lemvig Biogasanlæg A.m.b.aDKK 0
- Copenhagen Merchants A/SDKK 7.4m
- Dla Agro A.m.b.a.DKK 569.5m
- Leverandørselskabet til Lemvig Biogasanlæg A.m.b.aDKK 0
- Copenhagen Merchants A/S5
- Dla Agro A.m.b.a.30
- Leverandørselskabet til Lemvig Biogasanlæg A.m.b.a20
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- CM Holding A/S90%
- Aigro Holding ApS10%
Subsidiaries are shown only if they are in the database.
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Simon Christensen | CEO | 19/08/2016 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Simon Christensen | Board member | 16/06/2008 |
| Morten Meyer Hoel | Board member | 01/05/2026 |
| Bjørn Norholdt Eckford-Olsen | Chair of the board | 01/05/2026 |
- Founders
- Torben Herman Christensen
Former management (6)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Torben Herman Christensen | Board member | 16/06/2008 | 01/05/2026 |
| Torben Herman Christensen | CEO | 16/06/2008 | 19/08/2016 |
| Bente Christensen | Board member | 16/06/2008 | 23/06/2022 |
| Klaus Ewald Madsen | Chair of the board | 16/06/2008 | 01/05/2026 |
| Lars Boel | Director | 16/06/2008 | 30/08/2024 |
| Indrek Aigro | Director | 01/03/2021 | 30/08/2024 |
Signing rule: Selskabet tegnes af en direktør i forening med et bestyrelsesmedlem eller af tre bestyrelsesmedlemmer i forening.
Address and production units
1 active production unitsKlubiensvej 22
2150 Nordhavn
København Municipality · Postcode 2150
Other companies at the address (6)
- CM Holding A/SOther transportation support activities
- Navi Merchants A/SSea and coastal freight water transport
- CM Navigator A/STelevision programming, publishing and distribution of visual recordings
- Vitra A/SWholesale of furniture for homes, offices and shops, carpets and lighting equipment
- Italian Wine Trading ApSWholesale of wine and spirits
| Production unit | Address | Employees | P number |
|---|---|---|---|
| COPENHAGEN MERCHANTS A/S | Klubiensvej 22, 2150 Nordhavn | 5 | 1014508828 |
Purpose
Selskabets formål er handel med korn og andre bulk varer samt direkte eller indirekte at drive anden virksomhed, der efter bestyrelsens skøn er forbundet dermed.
The purpose is quoted from the register in Danish.
Changes year by year
32 registered events20265 changesaccounts 1 · management 4
- AccountsAnnual report for 2025 published
- ManagementMorten Meyer Hoel appointed board member
- ManagementBjørn Norholdt Eckford-Olsen appointed chair of the board
- ManagementTorben Herman Christensen stepped down as board member
- ManagementKlaus Ewald Madsen stepped down as chair of the board
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Agents in agricultural raw materials, live animals, textile raw materials and semi-finished goods (461100)
20243 changesmanagement 2 · accounts 1
- ManagementIndrek Aigro stepped down as director
- ManagementLars Boel stepped down as director
- AccountsAnnual report for 2023 published
20235 changesaddress 1 · accounts 1 · ownership 3
- AddressMoved to Klubiensvej 22, 2150 Nordhavn
- AccountsAnnual report for 2022 published
- OwnershipCM HOLDING A/S registered as owner (90%)
- OwnershipAigro Holding ApS registered as owner (10%)
- OwnershipCM HOLDING A/S is no longer registered as owner
20223 changesaccounts 1 · management 1 · address 1
- AccountsAnnual report for 2021 published
- ManagementBente Christensen stepped down as board member
- AddressMoved to Klubiensvej 22, 2150 Nordhavn
20212 changesaccounts 1 · management 1
- AccountsAnnual report for 2020 published
- ManagementIndrek Aigro appointed director
20181 changeaddress 1
- AddressMoved to Klubiensvej 22, 2150 Nordhavn
20162 changesmanagement 2
- ManagementSimon Christensen appointed ceo
- ManagementTorben Herman Christensen stepped down as ceo
20089 changesownership 1 · industry 1 · founded 1 · management 6
- OwnershipCM HOLDING A/S registered as owner (100%)
- IndustryIndustry changed to Agents in agricultural raw materials, live animals, textile raw materials and semi-finished goods (461100)
- FoundedRegistered as COPENHAGEN MERCHANTS A/S
- ManagementLars Boel appointed director
- ManagementTorben Herman Christensen appointed board member
- ManagementKlaus Ewald Madsen appointed chair of the board
- ManagementBente Christensen appointed board member
- ManagementTorben Herman Christensen appointed ceo
- ManagementSimon Christensen appointed board member
Related companies
Same people in management
- Merkle Denmark A/Svia Klaus Ewald Madsen
- Mars Danmark A/Svia Klaus Ewald Madsen
- Johannessen Consulting ApSvia Klaus Ewald Madsen
- Schultz Shipping A/Svia Bjørn Norholdt Eckford-Olsen
- Fairpoint Outdoors A/Svia Klaus Ewald Madsen
- Northflare Energy A/Svia Simon Christensen
Largest in the industry
- Dla Agro A.m.b.a.DKK 300.4m
- Leverandørselskabet til Lemvig Biogasanlæg A.m.b.aDKK 23.3m
- BAT Agrar DK ApSDKK 20.2m
- Skovs Korn A/s. Korn- og FoderstofagenturDKK 15m
- Kreaturhandler Anders Rasmussen A/SDKK 10.1m
- Northern Oilseeds ApSDKK 9.7m
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.