E. Sæther A/S
Public limited companyCVR 28856687København ØActive
E. Sæther A/S is a public limited company, based in København Ø, active in wholesale of perfume and cosmetics, founded in 2005. Net profit fell 75% from 2024 to 2025, ending at DKK 3.3m. Measured by gross profit, it ranks no. 6 of 126 companies in the industry in the database. Operations are spread over 3 production units.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 17% (2024 → 2025), to DKK 81.4m.
- Revenue fell 15% (2024 → 2025), to DKK 471.8m.
- Net profit fell 75% (2024 → 2025), to DKK 3.3m.
- Equity fell 34% (2024 → 2025), to DKK 43m.
Employees
- 7 fewer employees than a year earlier: 117 (08/2026) against 124 (08/2025).
Management and owners, last 24 months
- New in management: Daniel Dornhoff Cordsen (director, 01/01/2025).
- Stepped down: Parisa Shave (director, 01/01/2025).
Registrations, last 24 months
- 04/06/2026: Moved to Aldersrogade 1, 5, 2100 København Ø
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 | 486,416 | 552,136 | 585,982 | 630,396 | 555,542 | 471,825 | −15.1% |
| Gross profit | 90,014 | 102,528 | 113,107 | 100,350 | 98,072 | 81,430 | −17% |
| Operating profit (EBIT) | 20,305 | 22,328 | 38,088 | 12,458 | 16,660 | 4,165 | −75% |
| Profit before tax | 20,585 | 22,572 | 38,214 | 12,883 | 17,066 | 4,261 | −75% |
| Net profit | 16,021 | 17,622 | 29,765 | 10,040 | 13,308 | 3,291 | −75.3% |
| Total assets | 90,003 | 100,064 | 96,972 | 105,317 | 119,671 | 85,233 | −28.8% |
| Equity | 33,950 | 36,572 | 41,337 | 51,377 | 64,685 | 42,976 | −33.6% |
| Liabilities | 51,023 | 53,506 | 51,131 | 47,097 | 50,102 | 39,461 | −21.2% |
| Cash and cash equivalents | 32,865 | 0 | – | – | – | – | – |
| Average number of employees | 110 | 121 | 125 | 134 | 120 | 113 | −5.8% |
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.
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresEquity fell sharply
Equity fell 34% from 2024 to 2025 (DKK 64.7m to DKK 43m).
How is this calculated?
Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.
Profit 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 | 01/01/2025 – 31/12/2025 | 22/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 07/05/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 01/05/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 04/05/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 05/05/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 03/05/2021 | 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
126 companies in the databaseComparison with the other companies in wholesale of perfume and cosmetics based on the latest financial year.
Industry median: gross profit DKK 3.4m, net profit DKK 191k, equity DKK 2.6m, 6 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 50–199 employees4,467 companies in the comparison | No. 929of 4,412 Better than 79% | No. 1,373of 4,466 Better than 69% |
| Same industry and 50–199 employees11 companies in the comparison | No. 4of 11 Better than 70% | No. 8of 11 Better than 30% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 874of 24,791 Better than 96% | No. 2,618of 24,909 Better than 89% |
| All companies of type A/S18,025 companies in the comparison | No. 1,887of 17,786 Better than 89% | No. 3,952of 18,024 Better than 78% |
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 perfume and cosmetics- E. Sæther A/SDKK 81.4m
- L'oréal Danmark A/SDKK 1.5bn
- Estee Lauder Cosmetics A/SDKK 311.8m
- E. Sæther A/SDKK 3.3m
- L'oréal Danmark A/SDKK 635.6m
- Estee Lauder Cosmetics A/SDKK 113.1m
- E. Sæther A/SDKK 43m
- L'oréal Danmark A/SDKK 897.7m
- Estee Lauder Cosmetics A/SDKK 673.6m
- E. Sæther A/S117
- L'oréal Danmark A/S660
- Estee Lauder Cosmetics A/S171
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterManagement
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Daniel Dornhoff Cordsen | Director | 01/01/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Palle Pedersen | Chair of the board | 01/04/2022 |
| Daniel Dornhoff Cordsen | Board member | 20/04/2023 |
| Birger von Holdt | Board member | 31/12/2023 |
- Founders
- Sæther Nordic A/S
Former management (17)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Peter Silkeborg Brolev | Board member | 21/06/2005 | 28/01/2020 |
| Niels Asger Jørgensen | Director | 21/06/2005 | 15/10/2010 |
| Peder Mauritz Madsen | Board member | 15/04/2008 | 15/10/2010 |
| Ellinor Sæther | Board member | 15/10/2010 | 27/01/2020 |
| Ellinor Sæther | CEO | 15/10/2010 | 20/06/2011 |
| Carsten Ørnbo | Board member | 15/10/2010 | 27/06/2011 |
| Tage Juhl Finninge | Director | 15/10/2010 | 24/11/2021 |
| Søren Tyge Sørensen | Chair of the board | 17/02/2011 | 28/01/2020 |
| Kay Spanger | Board member | 17/02/2011 | 28/01/2020 |
| Ellinor Sæther | Board member | 28/01/2020 | 23/11/2021 |
| Palle Pedersen | Chair of the board | 28/01/2020 | 23/11/2021 |
| Britta Caroline Block | Board member | 28/01/2020 | 31/12/2023 |
| Ellinor Sæther | Chair of the board | 24/11/2021 | 31/03/2022 |
| Palle Pedersen | Board member | 24/11/2021 | 31/03/2022 |
| Palle Pedersen | Director | 24/11/2021 | 01/04/2022 |
| Ellinor Sæther | Board member | 01/04/2022 | 20/04/2023 |
| Parisa Shave | Director | 01/04/2022 | 01/01/2025 |
Signing rule: Selskabet tegnes af en direktør i forening med et bestyrelsesmedlem eller af den samlede bestyrelse.
Address and production units
3 active production unitsAldersrogade 1
2100 København Ø
København Municipality · Postcode 2100
Other companies at the address (1)
- Sæther Nordic A/SWholesale of perfume and cosmetics
| Production unit | Address | Employees | P number |
|---|---|---|---|
| E. SÆTHER A/S | Aldersrogade 1, 5, 2100 København Ø | 103 | 1011507723 |
| E. Sæther A/S | Kongens Nytorv 13, 1050 København K | 11 | 1032511941 |
| E. Sæther A/S | Østergade 52, 1100 København K | 2 | 1032511968 |
Purpose
Selskabets formål er at drive handels- og agenturvirksomhed på den måde og i den udstrækning, bestyrelsen finder det rigtigt og stemmende med selskabets tarv.
The purpose is quoted from the register in Danish.
Changes year by year
49 registered events20262 changesaccounts 1 · address 1
- AccountsAnnual report for 2025 published
- AddressMoved to Aldersrogade 1, 5, 2100 København Ø
20253 changesaccounts 1 · management 2
- AccountsAnnual report for 2024 published
- ManagementDaniel Dornhoff Cordsen appointed director
- ManagementParisa Shave stepped down as director
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20235 changesmanagement 4 · accounts 1
- ManagementBirger von Holdt appointed board member
- ManagementBritta Caroline Block stepped down as board member
- AccountsAnnual report for 2022 published
- ManagementDaniel Dornhoff Cordsen appointed board member
- ManagementEllinor Sæther stepped down as board member
20227 changesaccounts 1 · management 6
- AccountsAnnual report for 2021 published
- ManagementPalle Pedersen appointed chair of the board
- ManagementParisa Shave appointed director
- ManagementEllinor Sæther appointed board member
- ManagementPalle Pedersen stepped down as director
- ManagementPalle Pedersen stepped down as board member
- ManagementEllinor Sæther stepped down as chair of the board
20217 changesmanagement 6 · accounts 1
- ManagementPalle Pedersen appointed board member
- ManagementEllinor Sæther appointed chair of the board
- ManagementPalle Pedersen appointed director
- ManagementTage Juhl Finninge stepped down as director
- ManagementPalle Pedersen stepped down as chair of the board
- ManagementEllinor Sæther stepped down as board member
- AccountsAnnual report for 2020 published
20207 changesmanagement 7
- ManagementPalle Pedersen appointed chair of the board
- ManagementEllinor Sæther appointed board member
- ManagementBritta Caroline Block appointed board member
- ManagementSøren Tyge Sørensen stepped down as chair of the board
- ManagementKay Spanger stepped down as board member
- ManagementPeter Silkeborg Brolev stepped down as board member
- ManagementEllinor Sæther stepped down as board member
20115 changesmanagement 4 · ownership 1
- ManagementCarsten Ørnbo stepped down as board member
- OwnershipSÆTHER NORDIC A/S registered as owner (100%)
- ManagementEllinor Sæther stepped down as ceo
- ManagementSøren Tyge Sørensen appointed chair of the board
- ManagementKay Spanger appointed board member
20106 changesmanagement 6
- ManagementTage Juhl Finninge appointed director
- ManagementEllinor Sæther appointed board member
- ManagementCarsten Ørnbo appointed board member
- ManagementEllinor Sæther appointed ceo
- ManagementPeder Mauritz Madsen stepped down as board member
- ManagementNiels Asger Jørgensen stepped down as director
20081 changemanagement 1
- ManagementPeder Mauritz Madsen appointed board member
20071 changeaddress 1
- AddressMoved to Ryttermarken 11, 3520 Farum
20054 changesindustry 1 · founded 1 · management 2
- IndustryIndustry changed to Engroshandel med parfumerivarer og kosmetik (514500)
- FoundedRegistered as E. SÆTHER A/S
- ManagementNiels Asger Jørgensen appointed director
- ManagementPeter Silkeborg Brolev appointed board member
Related companies
Same industry in København
- L'oréal Danmark A/S660 employees
- Estee Lauder Cosmetics A/S171 employees
- Sæther Nordic A/S115 employees
- Chanel Denmark ApS80 employees
- Grænn A/S64 employees
- Kevin Murphy Europe A/S51 employees
Same people in management
- Frode Laursen A/Svia Carsten Ørnbo
- Dansk Retursystem A/Svia Carsten Ørnbo
- Gebr. Heinemann Retail ApSvia Søren Tyge Sørensen
- Sæther Nordic A/Svia Carsten Ørnbo
- Conaxess Trade Denmark A/Svia Carsten Ørnbo
- Malerfirmaet Petersen & Andersen A/Svia Søren Tyge Sørensen
Largest in the industry
- L'oréal Danmark A/SDKK 1.5bn
- Estee Lauder Cosmetics A/SDKK 311.8m
- Colgate-palmolive A/SDKK 252.2m
- Sæther Nordic A/SDKK 193.3m
- TMC Nordic A/SDKK 108.7m
- Chanel Denmark ApSDKK 67.3m
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.