European Merchandise Group A/S
Public limited companyCVR 33748531Esbjerg NActive
European Merchandise Group A/S is a public limited company, based in Esbjerg N, active in wholesale of luggage and leather goods, founded in 2011. Measured by gross profit, it ranks no. 7 of 73 companies in the industry in the database. With 15 employees, the company is about 4 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 rose 15% (2024 → 2025), to DKK 39.2m.
- Net profit fell 3% (2024 → 2025), to DKK 19.7m.
- Equity rose 9% (2024 → 2025), to DKK 56.7m.
Employees
- 2 more employees than a year earlier: 15 (08/2026) against 13 (08/2025).
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 | 11,190 | 12,437 | 13,139 | 29,467 | 34,176 | 39,238 | +14.8% |
| Operating profit (EBIT) | 6,303 | 7,033 | 7,186 | 21,144 | 24,920 | 26,022 | +4.4% |
| Profit before tax | 6,102 | 7,174 | 7,098 | 21,205 | 26,117 | 25,219 | −3.4% |
| Net profit | 4,759 | 5,598 | 5,536 | 16,531 | 20,366 | 19,666 | −3.4% |
| Total assets | 21,961 | 26,008 | 36,044 | 54,733 | 67,582 | 71,537 | +5.9% |
| Equity | 14,028 | 19,625 | 25,161 | 41,692 | 52,058 | 56,724 | +9% |
| Liabilities | 7,909 | 6,370 | 10,843 | 12,894 | 15,346 | 14,651 | −4.5% |
| Cash and cash equivalents | 7,274 | 1,406 | 440 | 15,054 | 23,835 | 27,617 | +15.9% |
| Average number of employees | 8 | 8 | 10 | 10 | 11 | 12 | +9.1% |
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 figuresProfit 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 | 30/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 20/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 28/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 19/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 13/06/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 29/06/2021 | 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
73 companies in the databaseComparison with the other companies in wholesale of luggage and leather goods based on the latest financial year.
Industry median: gross profit DKK 3m, net profit DKK 374k, equity DKK 4m, 4 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. 656of 69,742 Better than 99% | No. 2,800of 69,964 Better than 96% |
| Same industry and fewer than 20 employees58 companies in the comparison | No. 1of 58 Better than 100% | No. 1of 58 Better than 100% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 1,820of 24,791 Better than 93% | No. 2,118of 24,909 Better than 92% |
| All companies of type A/S18,025 companies in the comparison | No. 3,573of 17,786 Better than 80% | No. 3,301of 18,024 Better than 82% |
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 luggage and leather goods- European Merchandise Group A/SDKK 39.2m
- Søstrene Grenes Import A/SDKK 445.8m
- Ferm Living ApSDKK 139m
- European Merchandise Group A/SDKK 19.7m
- Søstrene Grenes Import A/SDKK 8.7m
- Ferm Living ApSDKK 53.3m
- European Merchandise Group A/SDKK 56.7m
- Søstrene Grenes Import A/SDKK 381.1m
- Ferm Living ApSDKK 180m
- European Merchandise Group A/S15
- Søstrene Grenes Import A/S593
- Ferm Living ApS98
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Kjeldahl Holding ApS100%
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Niels Peter Kjeldahl | Director | 13/05/2011 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Jens Kristian Kjeldahl | Board member | 13/05/2011 |
| Niels Peter Kjeldahl | Board member | 13/05/2011 |
| Lasse Tjørngaard Thomsen | Chair of the board | 13/05/2011 |
- Founders
- Niels Peter Kjeldahl
Signing rule: Selskabet tegnes af den samlede bestyrelse eller af en direktør.
Address and production units
1 active production unitsSkagerrakvej 1
6715 Esbjerg N
| Production unit | Address | Employees | P number |
|---|---|---|---|
| EUROPEAN MERCHANDISE GROUP A/S | Skagerrakvej 1, 6715 Esbjerg N | 15 | 1016883839 |
Purpose
Selskabets formål er udvikling, import og salg af løfteudstyr og merchandise og dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
14 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
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20222 changesaccounts 1 · address 1
- AccountsAnnual report for 2021 published
- AddressMoved to Skagerrakvej 1, 6715 Esbjerg N
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20117 changesownership 1 · industry 1 · founded 1 · management 4
- OwnershipKJELDAHL HOLDING ApS registered as owner (100%)
- IndustryIndustry changed to Wholesale of luggage and leather goods (464930)
- FoundedRegistered as EUROPEAN MERCHANDISE GROUP A/S
- ManagementJens Kristian Kjeldahl appointed board member
- ManagementNiels Peter Kjeldahl appointed board member
- ManagementNiels Peter Kjeldahl appointed director
- ManagementLasse Tjørngaard Thomsen appointed chair of the board
Related companies
Same industry in Esbjerg
- Ib Laursen ApS50 employees
- B2B Sport & Promotion Group ApS11 employees
- Cimi Beauty Bags ApS8 employees
Same people in management
- Avincis Aviation Denmark A/Svia Niels Peter Kjeldahl
- Brdr. Kjeldahl Transport A/Svia Jens Kristian Kjeldahl
Largest in the industry
- Søstrene Grenes Import A/SDKK 445.8m
- Ferm Living ApSDKK 139m
- Gavefabrikken A/SDKK 109.6m
- Ib Laursen ApSDKK 88.7m
- Society of Lifestyle A/SDKK 75.6m
- Bloomingville A/SDKK 50.7m
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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.