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Copenhagen Watch Group A/S

Public limited companyCVR 36081481HelsingørActive

Copenhagen Watch Group A/S is a public limited company, based in Helsingør, active in wholesale of watches and jewellery, founded in 2014. After a loss in 2024, the company made a profit of DKK 118k in 2025. With 13 employees, the company is about 3 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 3.2m+15.4% vs. 2024
Net profitDKK 118k+125.7% vs. 2024
EquityDKK 5.7m+2.1% vs. 2024
Employees13latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 15% (2024 → 2025), to DKK 3.2m.
  • Net profit went from a loss of DKK 461k to a profit of DKK 118k (2024 → 2025).
  • Equity rose 2% (2024 → 2025), to DKK 5.7m.

Registrations, last 24 months

  • 01/01/2025: Industry changed to Wholesale of watches and jewellery (464800)

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 thousand

Equity and net profit

−DKK 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8m202020212022202320242025
EquityNet profit
Financial figures for Copenhagen Watch Group A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit2,2963,7984,6882,8692,8113,243+15.4%
Operating profit (EBIT)−817−663358−534−445348+178.2%
Profit before tax−1,571−716198−853−589157+126.6%
Net profit−1,240−86678−671−461118+125.7%
Total assets10,08611,46010,81210,83814,00312,011−14.2%
Equity6,0947,2287,3075,6365,5485,666+2.1%
Liabilities3,9354,1753,4545,1538,3966,287−25.1%
Cash and cash equivalents168245418281810323−60.1%
Average number of employees787650−100%

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

DKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5m202020212022202320242025
Gross profitMedian, the industry (72 companies)

Annual reports

6 financial years
Annual reports for Copenhagen Watch Group A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202518/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202430/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202303/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202213/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202124/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202030/06/2021The companyPDFXBRL

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 CVR
0246810121408/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

72 companies in the database

Comparison with the other companies in wholesale of watches and jewellery based on the latest financial year.

Gross profitDKK 3.2mNo. 27 of 72
Better than 63% of the companies in the industry
EquityDKK 5.7mNo. 24 of 72
Better than 68% of the companies in the industry
Number of employees13No. 69 of 72
Better than 4% of the companies in the industry

Industry median: gross profit DKK 2m, net profit DKK 165k, equity DKK 1.9m, 4 employees.

DKK 100kDKK 593kDKK 3.5mDKK 20.8mDKK 68.3mHere
Distribution of gross profit for 68 companies in the industry (latest financial year, logarithmic scale). Amber bar: where this company sits.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 21,073of 69,742
Better than 70%
No. 13,054of 69,964
Better than 81%
Same industry and fewer than 20 employees63 companies in the comparison
No. 18of 63
Better than 73%
No. 15of 63
Better than 77%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 12,367of 33,588
Better than 63%
No. 5,564of 33,687
Better than 83%
All companies of type A/S18,025 companies in the comparison
No. 13,404of 17,786
Better than 25%
No. 10,969of 18,024
Better than 39%

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 watches and jewellery
Gross profit
  1. Copenhagen Watch Group A/SDKK 3.2m
  2. Ole Lynggaard A/SDKK 123.5m
  3. Essilor Danmark A/SDKK 39.7m
Net profit
  1. Copenhagen Watch Group A/SDKK 118k
  2. Ole Lynggaard A/SDKK 20.5m
  3. Essilor Danmark A/SDKK 1.7m
Equity
  1. Copenhagen Watch Group A/SDKK 5.7m
  2. Ole Lynggaard A/SDKK 111m
  3. Essilor Danmark A/SDKK 13m
Employees
  1. Copenhagen Watch Group A/S13
  2. Ole Lynggaard A/S101
  3. Essilor Danmark A/S33

Latest financial year per company. Choose up to three companies from the largest in the industry.

Owners and group

from the Public Ownership Register
Owners
Copenhagen Watch Group A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

4 active registrations

Executive management

Executive management at Copenhagen Watch Group A/S
NameRoleAppointed
Peter HenriksenCEO02/09/2014

Board of directors

Board of directors at Copenhagen Watch Group A/S
NameRoleAppointed
Peter HenriksenBoard member02/09/2014
Lasse SørensenChair of the board02/07/2024
Mogens Mørch NygaardBoard member02/07/2024
Auditor
ReviTotal Statsautoriseret Revisionsfirma
Founders
Jass Holding ApS, RDG Invest ApS, Viktorin ApS
Former management (7)
Former management at Copenhagen Watch Group A/S
NameRoleAppointedResigned
Jens StasigBoard member02/09/201418/05/2023
Jens BredoChair of the board02/09/201423/04/2015
Henrik RosendahlChair of the board21/04/201515/03/2018
Mogens Mørch NygaardChair of the board17/12/201823/11/2021
Steen Aage BockBoard member28/05/202013/06/2022
Mogens Mørch NygaardChair of the board13/06/202201/07/2024
Lasse SørensenBoard member30/06/202401/07/2024

Signing rule: Selskabet tegnes af direktøren eller bestyrelsesformanden.

Address and production units

1 active production units

Kronborg 3
3000 Helsingør

Helsingør Municipality · Postcode 3000

Production units
Production unitAddressEmployeesP number
COPENHAGEN WATCH GROUP A/SKronborg 3, 1, 3000 Helsingør111019671271

Purpose

Selskabets formål er at drive virksomhed med udvikling, service, salg og markedsføring af ure, samt tjenesteydelser og aktiviteter i tilknytning hertil.

The purpose is quoted from the register in Danish.

Changes year by year

59 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Wholesale of watches and jewellery (464800)
20249 changesownership 3 · accounts 1 · management 5
  • COPENHAGEN WATCH GROUP A/S registered as owner (15%)
  • ANDERSENS HOLDING ApS registered as owner (15%)
  • COPENHAGEN WATCH GROUP A/S is no longer registered as owner
  • Annual report for 2023 published
  • Mogens Mørch Nygaard appointed board member
  • Lasse Sørensen appointed chair of the board
  • Lasse Sørensen stepped down as board member
  • Mogens Mørch Nygaard stepped down as chair of the board
  • Lasse Sørensen appointed board member
20236 changesmanagement 1 · ownership 4 · accounts 1
  • Jens Stasig stepped down as board member
  • VIKTORIN ApS registered as owner (66.67%)
  • COPENHAGEN WATCH GROUP A/S registered as owner (25%)
  • JASS HOLDING ApS is no longer registered as owner
  • VIKTORIN ApS is no longer registered as owner
  • Annual report for 2022 published
20228 changesaccounts 1 · management 2 · ownership 5
  • Annual report for 2021 published
  • Mogens Mørch Nygaard appointed chair of the board
  • Steen Aage Bock stepped down as board member
  • JASS HOLDING ApS registered as owner (50%)
  • Sofus USA ApS is no longer registered as owner
  • JASS HOLDING ApS is no longer registered as owner
  • VIKTORIN ApS registered as owner (66.67%)
  • VIKTORIN ApS is no longer registered as owner
20219 changesmanagement 1 · accounts 1 · capital 1 · ownership 6
  • Mogens Mørch Nygaard stepped down as chair of the board
  • Annual report for 2020 published
  • Share capital changed from 626,000 DKK to 751,000 DKK
  • VIKTORIN ApS registered as owner (33.33%)
  • JASS HOLDING ApS registered as owner (33.33%)
  • Sofus USA ApS registered as owner (33.33%)
  • Sofus USA ApS is no longer registered as owner
  • VIKTORIN ApS is no longer registered as owner
  • JASS HOLDING ApS is no longer registered as owner
20203 changesownership 1 · capital 1 · management 1
  • Sofus USA ApS registered as owner (33.33%)
  • Share capital changed from 501,000 DKK to 626,000 DKK
  • Steen Aage Bock appointed board member
20188 changesmanagement 2 · address 1 · ownership 5
  • Mogens Mørch Nygaard appointed chair of the board
  • Moved to Kronborg 3, 1, 3000 Helsingør
  • Henrik Rosendahl stepped down as chair of the board
  • VIKTORIN ApS registered as owner (33.33%)
  • JASS HOLDING ApS registered as owner (33.33%)
  • ROSENDAHL DESIGN GROUP A/S is no longer registered as owner
  • VIKTORIN ApS is no longer registered as owner
  • JASS HOLDING ApS is no longer registered as owner
20163 changesaddress 1 · ownership 2
  • Moved to Kronborg 3, 1, 3000 Helsingør
  • ROSENDAHL DESIGN GROUP A/S registered as owner (33.33%)
  • RDG Invest ApS is no longer registered as owner
20155 changesownership 3 · management 2
  • RDG Invest ApS registered as owner (33.33%)
  • VIKTORIN ApS registered as owner (33.33%)
  • JASS HOLDING ApS registered as owner (33.33%)
  • Jens Bredo stepped down as chair of the board
  • Henrik Rosendahl appointed chair of the board
20145 changesfounded 1 · management 4
  • Registered as COPENHAGEN WATCH GROUP A/S
  • Jens Bredo appointed chair of the board
  • Peter Henriksen appointed board member
  • Jens Stasig appointed board member
  • Peter Henriksen appointed ceo

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Same people in management

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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.

View in CVRReport a correction