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.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 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 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 | −72 | −94 | 45 | 227 | 1,880 | 1,259 | −33% |
| Operating profit (EBIT) | −2,213 | −1,774 | −884 | −1,171 | 218 | −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 assets | 5,271 | 6,140 | 6,232 | 7,792 | 6,885 | 6,462 | −6.1% |
| Equity | −72 | 1,540 | −14 | 989 | −672 | −878 | −30.6% |
| Liabilities | 5,342 | 4,600 | 6,247 | 6,803 | 7,556 | 7,340 | −2.9% |
| Cash and cash equivalents | 127 | 1,439 | 121 | 388 | 89 | 38 | −57% |
| Average number of employees | 1 | 1 | 2 | 2 | 4 | 5 | +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
Signals from the financial statements
calculated from the 2025 figuresNegative 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/01/2025 – 31/12/2025 | 01/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 01/07/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 04/07/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 29/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 11/05/2022 | The company | PDFXBRL |
| 2020 | 25/07/2019 – 31/12/2020 | 19/05/2021 | 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
1,780 companies in the databaseComparison with the other companies in renting of commercial property based on the latest financial year.
Industry median: gross profit DKK 1.5m, net profit DKK 430k, equity DKK 13.7m, 1 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. 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- Democratic Eyewear A/SDKK 1.3m
- Jeudan A/SDKK 1.3bn
- Euro Steel 1988 ApSDKK 719.3m
- Democratic Eyewear A/S−DKK 206k
- Jeudan A/SDKK 1bn
- Euro Steel 1988 ApSDKK 180.9m
- Democratic Eyewear A/S−DKK 878k
- Jeudan A/SDKK 13.1bn
- Euro Steel 1988 ApSDKK 1.8bn
- Democratic Eyewear A/S5
- Jeudan A/S249
- 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- Kwan Yu Kwok15%
- Thomas Falck Holding ApS20%
- Lorentzen & Co Holding ApS20%
- Framewerk Holding ApS20%
- Yee Ling Anita Wong10%
Subsidiaries are shown only if they are in the database.
Management
6 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Thomas Falck | Director | 25/07/2019 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Lone Susanne Lorentzen | Chair of the board | 25/07/2019 |
| Thomas Falck | Board member | 25/07/2019 |
| Stig Engelbreth Hansen | Board member | 16/03/2020 |
| Kwan Yu Kwok | Board member | 22/08/2023 |
| Yee Ling Anita Wong | Board member | 22/08/2023 |
- Founders
- Thomas Falck Holding ApS, Lorentzen & Co Holding ApS
Former management (1)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Henrik Bo Larsen | Board member | 25/07/2019 | 16/03/2020 |
Signing rule: Selskabet tegnes af direktøren i forening med et bestyrelsesmedlem eller af den samlede bestyrelse.
Address and production units
1 active production unitsØsterbrogade 54
2100 København Ø
København Municipality · Postcode 2100
Other companies at the address (1)
- Democratic Eyewear Østerbro ApSOptician activities
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Democratic Eyewear A/S | Østerbrogade 54, 2100 København Ø | 5 | 1024905140 |
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 events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
202312 changesmanagement 2 · accounts 1 · capital 1 · ownership 8
- ManagementKwan Yu Kwok appointed board member
- ManagementYee Ling Anita Wong appointed board member
- AccountsAnnual report for 2022 published
- CapitalShare capital changed from 666,185 DKK to 740,205 DKK
- OwnershipTHOMAS FALCK HOLDING ApS registered as owner (20%)
- OwnershipYee Ling Anita Wong registered as owner (10%)
- OwnershipFramewerk Holding ApS registered as owner (20%)
- OwnershipLorentzen & Co Holding ApS registered as owner (20%)
- OwnershipAstute Vision Limited is no longer registered as owner
- OwnershipFramewerk Holding ApS is no longer registered as owner
- OwnershipTHOMAS FALCK HOLDING ApS is no longer registered as owner
- OwnershipLorentzen & Co Holding ApS is no longer registered as owner
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20213 changescapital 1 · ownership 1 · accounts 1
- CapitalShare capital changed from 592,454 DKK to 666,185 DKK
- OwnershipEYEROOM HOLDING ApS is no longer registered as owner
- AccountsAnnual report for 2020 published
20206 changescapital 2 · ownership 2 · management 2
- CapitalShare capital changed from 568,755 DKK to 592,454 DKK
- OwnershipKwan Yu Kwok registered as owner (15%)
- CapitalShare capital changed from 400,000 DKK to 568,755 DKK
- ManagementStig Engelbreth Hansen appointed board member
- ManagementHenrik Bo Larsen stepped down as board member
- OwnershipFramewerk Holding ApS registered as owner (25%)
201913 changesaddress 3 · industry 1 · founded 1 · management 4 · ownership 4
- AddressMoved to Østerbrogade 54, 2100 København Ø
- AddressMoved to Solsortvej 23, 2000 Frederiksberg
- AddressMoved to Østerbrogade 54, st. tv, 2100 København Ø
- IndustryIndustry changed to Renting of commercial property (682040)
- FoundedRegistered as Democratic Eyewear A/S
- ManagementHenrik Bo Larsen appointed board member
- ManagementThomas Falck appointed board member
- ManagementLone Susanne Lorentzen appointed chair of the board
- ManagementThomas Falck appointed director
- OwnershipTHOMAS FALCK HOLDING ApS registered as owner (25%)
- OwnershipAstute Vision Limited registered as owner (5%)
- OwnershipLorentzen & Co Holding ApS registered as owner (25%)
- OwnershipEYEROOM HOLDING ApS registered as owner (5%)
Related companies
Same industry in København
- Jeudan A/S249 employees
- ATP Ejendomme A/S138 employees
- M. Goldschmidt Ejendomme A/S54 employees
- Symbion A/S46 employees
- Obel Ejendomsinvest ApS34 employees
- Matrikel 1 ApS30 employees
Same people in management
- Factor X Adman A/Svia Lone Susanne Lorentzen
- Democratic Eyewear Frederiksberg ApSvia Lone Susanne Lorentzen
- Democratic Eyewear Østerbro ApSvia Lone Susanne Lorentzen
- Democratic Eyewear Lyngby ApSvia Lone Susanne Lorentzen
- Democratic Eyewear Valby ApSvia Lone Susanne Lorentzen
Largest in the industry
- Jeudan A/SDKK 1.3bn
- Euro Steel 1988 ApSDKK 719.3m
- Munck Gruppen A/SDKK 647.2m
- Vilomix Holding A/SDKK 592.6m
- Wihlborgs A/SDKK 441.4m
- Commercial Real Estate Denmark P/SDKK 282.3m
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.