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Form and Refine ApS

Private limited companyCVR 39313820RyActive

Form and Refine ApS is a private limited company, based in Ry, active in wholesale of furniture for homes, offices and shops, carpets and lighting equipment, founded in 2018. Net profit rose 937% from 2024 to 2025, ending at DKK 992k. Profit has grown three years in a row. Equity grew to DKK 3m in 2025.

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Key figures · financial year 2025

Gross profitDKK 5.5m+59% vs. 2024
Net profitDKK 992k+936.6% vs. 2024
EquityDKK 3m+49.8% vs. 2024
Employees8latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 59% (2024 → 2025), to DKK 5.5m.
  • Net profit rose 937% (2024 → 2025), to DKK 992k.
  • Equity rose 50% (2024 → 2025), to DKK 3m.

Employees

  • 4 more employees than a year earlier: 8 (07/2026) against 4 (07/2025).

Management and owners, last 24 months

  • New owners registered: Kodrup Holding ApS (16/12/2025), Form and Refine ApS (01/06/2026) and Sjølund Holding A/S (16/12/2025) (+1).
  • No longer registered as owner: Sjølund Holding A/S (15/12/2025), Sjølund Holding A/S (01/06/2026) and Form and Refine ApS (31/05/2026).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Wholesale of furniture for homes, offices and shops, carpets and lighting equipment (464700)
  • 11/12/2024: Moved to Industrivej 14B, 8680 Ry

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 0DKK 500kDKK 1mDKK 1.5mDKK 2mDKK 2.5mDKK 3m202020212022202320242025
EquityNet profit
Financial figures for Form and Refine ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit7691,8002,7242,9523,4375,465+59%
Operating profit (EBIT)422221275911501,336+790.6%
Profit before tax347164179601291,281+896.6%
Net profit2671241344596992+936.6%
Total assets4,4705,3466,4435,2675,3456,770+26.7%
Equity1,5951,7191,8531,8981,9942,986+49.8%
Liabilities2,7103,4474,4563,2933,3153,768+13.7%
Cash and cash equivalents1,5991,0689991,2341,7192,050+19.2%
Average number of employees444880−100%

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 5mDKK 6m202020212022202320242025
Gross profitMedian, the industry (306 companies)

Signals from the financial statements

calculated from the 2025 figures

  • 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
Annual reports for Form and Refine ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202524/03/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202407/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202307/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202204/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202121/03/2022The companyPDFXBRL
202001/01/2020 – 31/12/202014/06/2021The 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
024681008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

306 companies in the database

Comparison with the other companies in wholesale of furniture for homes, offices and shops, carpets and lighting equipment based on the latest financial year.

Gross profitDKK 5.5mNo. 131 of 305
Better than 57% of the companies in the industry
EquityDKK 3mNo. 171 of 306
Better than 44% of the companies in the industry
Number of employees8No. 282 of 306
Better than 8% of the companies in the industry

Industry median: gross profit DKK 3.8m, net profit DKK 377k, equity DKK 3.6m, 5 employees.

DKK 100kDKK 855kDKK 7.3mDKK 62.6mDKK 261.9mHere
Distribution of gross profit for 289 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. 12,043of 69,742
Better than 83%
No. 19,423of 69,964
Better than 72%
Same industry and fewer than 20 employees250 companies in the comparison
No. 77of 250
Better than 69%
No. 117of 250
Better than 53%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 7,994of 33,588
Better than 76%
No. 8,464of 33,687
Better than 75%
All companies of type ApS66,508 companies in the comparison
No. 12,575of 66,379
Better than 81%
No. 15,926of 66,505
Better than 76%

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 furniture for homes, offices and shops, carpets and lighting equipment
Gross profit
  1. Form and Refine ApSDKK 5.5m
  2. Actona Group A/SDKK 535.5m
  3. Holmris B8 A/SDKK 408.7m
Net profit
  1. Form and Refine ApSDKK 992k
  2. Actona Group A/S−DKK 86.1m
  3. Holmris B8 A/SDKK 21.7m
Equity
  1. Form and Refine ApSDKK 3m
  2. Actona Group A/SDKK 565.4m
  3. Holmris B8 A/SDKK 250.3m
Employees
  1. Form and Refine ApS8
  2. Actona Group A/S183
  3. Holmris B8 A/S231

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
Form and Refine ApS
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

3 active registrations

Executive management

Executive management at Form and Refine ApS
NameRoleAppointed
Jonas Herman PedersenDirector01/02/2018
Lasse Luke Lund LauridsenCEO01/02/2018
Helle Herman MortensenDirector01/02/2018
Founders
One Stone ApS, Herman-Holding ApS

Signing rule: Selskabet tegnes af den administrerende direktør i forening med én direktør eller af den samlede direktion.

Address and production units

1 active production units

Industrivej 14B
8680 Ry

Skanderborg Municipality · Postcode 8680

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
Form and Refine ApSIndustrivej 14B, 8680 Ry121023324438

Purpose

Selskabets formål er at udøve virksomhed med produktion, handel, service og konsulentydelser inden for livsstilsprodukter samt aktiviteter i tilknytning hertil.

The purpose is quoted from the register in Danish.

Changes year by year

31 registered events
20264 changesownership 3 · accounts 1
  • Form and Refine ApS registered as owner (10%)
  • SJØLUND HOLDING A/S is no longer registered as owner
  • Form and Refine ApS is no longer registered as owner
  • Annual report for 2025 published
20256 changesownership 4 · accounts 1 · industry 1
  • Form and Refine ApS registered as owner (5%)
  • Kodrup Holding ApS registered as owner (5%)
  • SJØLUND HOLDING A/S registered as owner (5%)
  • SJØLUND HOLDING A/S is no longer registered as owner
  • Annual report for 2024 published
  • Industry changed to Wholesale of furniture for homes, offices and shops, carpets and lighting equipment (464700)
20242 changesaddress 1 · accounts 1
  • Moved to Industrivej 14B, 8680 Ry
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20201 changeaddress 1
  • Moved to Kyhnsvej 5, st. th, 8680 Ry
20191 changeaddress 1
  • Moved to Boeletvej 35, 8680 Ry
201814 changesname 1 · capital 1 · ownership 8 · founded 1 · management 3
  • Name changed from HerLau ApS to Form and Refine ApS
  • Share capital changed from 100,000 DKK to 142,857 DKK
  • MH HOLDING 2011 ApS registered as owner (10%)
  • SJØLUND HOLDING A/S registered as owner (20%)
  • ONE STONE ApS registered as owner (33.33%)
  • Herman-Holding ApS registered as owner (33.33%)
  • ONE STONE ApS is no longer registered as owner
  • Herman-Holding ApS is no longer registered as owner
  • Registered as HerLau ApS
  • Jonas Herman Pedersen appointed director
  • Lasse Luke Lund Lauridsen appointed ceo
  • Helle Herman Mortensen appointed director
  • ONE STONE ApS registered as owner (50%)
  • Herman-Holding ApS registered as owner (50%)

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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.

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