Democratic Eyewear A/S

Public limited companyCVR 40685847København ØActive

Democratic Eyewear A/S is a public limited company, based in København Ø, active in renting of commercial property, founded in 2019. Equity was negative at the end of 2025 (−DKK 878k). The company made a loss in both 2024 and 2025, most recently DKK 206k. With 5 employees, the company is about 5 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 1.3m−33% vs. 2024
Net profit−DKK 206k+87.6% vs. 2024
Equity−DKK 878k−30.6% vs. 2024
Employees5latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 33% (2024 → 2025), to DKK 1.3m.
  • The loss got smaller: from DKK 1.7m to DKK 206k (2024 → 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 thousand

Equity and net profit

−DKK 2m−DKK 1.5m−DKK 1m−DKK 500kDKK 0DKK 500kDKK 1mDKK 1.5m202020212022202320242025
EquityNet profit
Financial figures for Democratic Eyewear A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit−72−94452271,8801,259−33%
Operating profit (EBIT)−2,213−1,774−884−1,171218−278−227.2%
Profit before tax−2,358−1,337−1,811−1,585−1,677−219+86.9%
Net profit−1,857−865−1,554−1,497−1,661−206+87.6%
Total assets5,2716,1406,2327,7926,8856,462−6.1%
Equity−721,540−14989−672−878−30.6%
Liabilities5,3424,6006,2476,8037,5567,340−2.9%
Cash and cash equivalents1271,4391213888938−57%
Average number of employees112245+25%

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 200kDKK 0DKK 200kDKK 400kDKK 600kDKK 800kDKK 1mDKK 1.2mDKK 1.4mDKK 1.6mDKK 1.8m202020212022202320242025
Gross profitMedian, the industry (1,780 companies)

Signals from the financial statements

calculated from the 2025 figures
  • Negative equity

    Equity was −DKK 878k at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

  • Loss for 6 years in a row

    Net result has been negative in 2020–2025.

    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
Annual reports for Democratic Eyewear A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202501/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202401/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202304/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202229/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202111/05/2022The companyPDFXBRL
202025/07/2019 – 31/12/202019/05/2021The 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
012345608/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

1,780 companies in the database

Comparison with the other companies in renting of commercial property based on the latest financial year.

Gross profitDKK 1.3mNo. 974 of 1,763
Better than 45% of the companies in the industry
Equity−DKK 878kNo. 1743 of 1,780
Better than 2% of the companies in the industry
Number of employees5No. 167 of 1,780
Better than 91% of the companies in the industry

Industry median: gross profit DKK 1.5m, net profit DKK 430k, equity DKK 13.7m, 1 employees.

DKK 100kDKK 1.1mDKK 11.2mDKK 118.3mDKK 569.9mHere
Distribution of gross profit for 1,591 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. 40,423of 69,742
Better than 42%
No. 66,927of 69,964
Better than 4%
Same industry and fewer than 20 employees1,723 companies in the comparison
No. 929of 1,711
Better than 46%
No. 1,688of 1,723
Better than 2%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 21,296of 33,588
Better than 37%
No. 31,751of 33,687
Better than 6%
All companies of type A/S18,025 companies in the comparison
No. 15,401of 17,786
Better than 13%
No. 17,355of 18,024
Better than 4%

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

Renting of commercial property
Gross profit
  1. Democratic Eyewear A/SDKK 1.3m
  2. Jeudan A/SDKK 1.3bn
  3. Euro Steel 1988 ApSDKK 719.3m
Net profit
  1. Democratic Eyewear A/S−DKK 206k
  2. Jeudan A/SDKK 1bn
  3. Euro Steel 1988 ApSDKK 180.9m
Equity
  1. Democratic Eyewear A/S−DKK 878k
  2. Jeudan A/SDKK 13.1bn
  3. Euro Steel 1988 ApSDKK 1.8bn
Employees
  1. Democratic Eyewear A/S5
  2. Jeudan A/S249
  3. Euro Steel 1988 ApS4

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
  • Kwan Yu Kwok15%
  • Thomas Falck Holding ApS20%
  • Lorentzen & Co Holding ApS20%
  • Framewerk Holding ApS20%
  • Yee Ling Anita Wong10%
Democratic Eyewear A/S

Subsidiaries are shown only if they are in the database.

Management

6 active registrations

Executive management

Executive management at Democratic Eyewear A/S
NameRoleAppointed
Thomas FalckDirector25/07/2019

Board of directors

Board of directors at Democratic Eyewear A/S
NameRoleAppointed
Lone Susanne LorentzenChair of the board25/07/2019
Thomas FalckBoard member25/07/2019
Stig Engelbreth HansenBoard member16/03/2020
Kwan Yu KwokBoard member22/08/2023
Yee Ling Anita WongBoard member22/08/2023
Founders
Thomas Falck Holding ApS, Lorentzen & Co Holding ApS
Former management (1)
Former management at Democratic Eyewear A/S
NameRoleAppointedResigned
Henrik Bo LarsenBoard member25/07/201916/03/2020

Signing rule: Selskabet tegnes af direktøren i forening med et bestyrelsesmedlem eller af den samlede bestyrelse.

Address and production units

1 active production units

Østerbrogade 54
2100 København Ø

København Municipality · Postcode 2100

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
Democratic Eyewear A/SØsterbrogade 54, 2100 København Ø51024905140

Purpose

Selskabet formål er at drive optikervirksomhed med salg af optikerprodukter, herunder briller og kontaktlinser samt anden hermed beslægtet virksomhed efter bestyrelses skøn.

The purpose is quoted from the register in Danish.

Changes year by year

38 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
202312 changesmanagement 2 · accounts 1 · capital 1 · ownership 8
  • Kwan Yu Kwok appointed board member
  • Yee Ling Anita Wong appointed board member
  • Annual report for 2022 published
  • Share capital changed from 666,185 DKK to 740,205 DKK
  • THOMAS FALCK HOLDING ApS registered as owner (20%)
  • Yee Ling Anita Wong registered as owner (10%)
  • Framewerk Holding ApS registered as owner (20%)
  • Lorentzen & Co Holding ApS registered as owner (20%)
  • Astute Vision Limited is no longer registered as owner
  • Framewerk Holding ApS is no longer registered as owner
  • THOMAS FALCK HOLDING ApS is no longer registered as owner
  • Lorentzen & Co Holding ApS is no longer registered as owner
20221 changeaccounts 1
  • Annual report for 2021 published
20213 changescapital 1 · ownership 1 · accounts 1
  • Share capital changed from 592,454 DKK to 666,185 DKK
  • EYEROOM HOLDING ApS is no longer registered as owner
  • Annual report for 2020 published
20206 changescapital 2 · ownership 2 · management 2
  • Share capital changed from 568,755 DKK to 592,454 DKK
  • Kwan Yu Kwok registered as owner (15%)
  • Share capital changed from 400,000 DKK to 568,755 DKK
  • Stig Engelbreth Hansen appointed board member
  • Henrik Bo Larsen stepped down as board member
  • Framewerk Holding ApS registered as owner (25%)
201913 changesaddress 3 · industry 1 · founded 1 · management 4 · ownership 4
  • Moved to Østerbrogade 54, 2100 København Ø
  • Moved to Solsortvej 23, 2000 Frederiksberg
  • Moved to Østerbrogade 54, st. tv, 2100 København Ø
  • Industry changed to Renting of commercial property (682040)
  • Registered as Democratic Eyewear A/S
  • Henrik Bo Larsen appointed board member
  • Thomas Falck appointed board member
  • Lone Susanne Lorentzen appointed chair of the board
  • Thomas Falck appointed director
  • THOMAS FALCK HOLDING ApS registered as owner (25%)
  • Astute Vision Limited registered as owner (5%)
  • Lorentzen & Co Holding ApS registered as owner (25%)
  • EYEROOM HOLDING ApS registered as owner (5%)

Related companies

Same industry in København

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Same people in management

Largest in the industry

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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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

View in CVRReport a correction