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Gades Møbelcenter af 1999 A/S

Public limited companyCVR 24257517Aalborg SVActive

Gades Møbelcenter af 1999 A/S is a public limited company, based in Aalborg SV, active in retail sale of furniture, founded in 1999. With 19 employees, the company is about 5 times larger than the industry median. Equity grew to DKK 5.6m in 2025. Gross profit is higher than that of 85% of the companies in the industry in the database.

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Key figures · financial year 2025

Gross profitDKK 7.9m+4.6% vs. 2024
Net profitDKK 1.7m−1.1% vs. 2024
EquityDKK 5.6m+34.1% vs. 2024
Employees19latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 5% (2024 → 2025), to DKK 7.9m.
  • Net profit fell 1% (2024 → 2025), to DKK 1.7m.
  • Equity rose 34% (2024 → 2025), to DKK 5.6m.

Employees

  • 1 more employees than a year earlier: 19 (08/2026) against 18 (08/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Retail sale of furniture (475510)

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 2mDKK 4mDKK 6mDKK 8m202020212022202320242025
EquityNet profit
Financial figures for Gades Møbelcenter af 1999 A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit9,57811,92410,9189,4317,5887,936+4.6%
Operating profit (EBIT)3,6504,6564,0623,4002,1662,151−0.7%
Profit before tax3,6334,7833,8323,6652,1692,144−1.1%
Net profit2,8333,7312,9892,8591,6911,672−1.1%
Total assets17,92125,21817,56116,88913,02213,971+7.3%
Equity7,3068,2377,2268,0844,1755,597+34.1%
Liabilities10,03816,3969,7128,2048,2617,784−5.8%
Cash and cash equivalents3,3791,2233,0913,821221,789+7,887.5%
Average number of employees1818181716160%

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 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12m202020212022202320242025
Gross profitMedian, the industry (215 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 Gades Møbelcenter af 1999 A/S
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202522/01/2026The companyPDF not statedXBRL
202401/10/2023 – 30/09/202403/01/2025The companyPDFXBRL
202301/10/2022 – 30/09/202302/01/2024The companyPDFXBRL
202201/10/2021 – 30/09/202203/01/2023The companyPDFXBRL
202101/10/2020 – 30/09/202105/01/2022The companyPDFXBRL
202001/10/2019 – 30/09/202006/01/2021The 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
0510152009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

215 companies in the database

Comparison with the other companies in retail sale of furniture based on the latest financial year.

Gross profitDKK 7.9mNo. 33 of 215
Better than 85% of the companies in the industry
EquityDKK 5.6mNo. 59 of 215
Better than 73% of the companies in the industry
Number of employees19No. 26 of 215
Better than 88% of the companies in the industry

Industry median: gross profit DKK 2.8m, net profit DKK 178k, equity DKK 2.9m, 4 employees.

DKK 100kDKK 1.1mDKK 12.6mDKK 140.7mDKK 704.7mHere
Distribution of gross profit for 203 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. 7,054of 69,742
Better than 90%
No. 13,151of 69,964
Better than 81%
Same industry and fewer than 20 employees187 companies in the comparison
No. 8of 187
Better than 96%
No. 37of 187
Better than 81%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 7,100of 24,791
Better than 71%
No. 9,178of 24,909
Better than 63%
All companies of type A/S18,025 companies in the comparison
No. 10,019of 17,786
Better than 44%
No. 11,012of 18,024
Better than 39%

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

Retail sale of furniture
Gross profit
  1. Gades Møbelcenter af 1999 A/SDKK 7.9m
  2. Ikea A/SDKK 1.6bn
  3. Bolia A/SDKK 394.6m
Net profit
  1. Gades Møbelcenter af 1999 A/SDKK 1.7m
  2. Ikea A/SDKK 245.3m
  3. Bolia A/SDKK 28.4m
Equity
  1. Gades Møbelcenter af 1999 A/SDKK 5.6m
  2. Ikea A/SDKK 1.1bn
  3. Bolia A/SDKK 192m
Employees
  1. Gades Møbelcenter af 1999 A/S19
  2. Ikea A/S2,901
  3. Bolia A/S291

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
  • Gades Møbelcenter Holding ApS90%
Gades Møbelcenter af 1999 A/S

Management

4 active registrations

Executive management

Executive management at Gades Møbelcenter af 1999 A/S
NameRoleAppointed
Michael ØstergaardCEO27/12/2023

Board of directors

Board of directors at Gades Møbelcenter af 1999 A/S
NameRoleAppointed
Peter Chlander LarsenBoard member26/08/1999
Michael ØstergaardBoard member03/07/2006
Tommy GenzBoard member27/12/2023
Founders
Vgh Nr. 625 ApS
Former management (9)
Former management at Gades Møbelcenter af 1999 A/S
NameRoleAppointedResigned
Poul ThorupBoard member02/06/199926/08/1999
Peter Frank HansenBoard member02/06/199926/08/1999
Peter Frank HansenDirector02/06/199926/08/1999
Hans BekkevoldBoard member02/06/199926/08/1999
Annette Juul GadeBoard member26/08/199929/11/2004
Annette Juul GadeDirector26/08/199929/11/2004
Poul Juul GadeBoard member26/08/199903/07/2006
Gunner Erik HansenBoard member26/08/199927/12/2023
Peter Chlander LarsenDirector29/11/200427/12/2023

Signing rule: Selskabet tegnes af 2 bestyrelsesmedlemmer i forening.

Address and production units

1 active production units

Nibevej 29
9200 Aalborg SV

Aalborg Municipality · Postcode 9200

Production units
Production unitAddressEmployeesP number
GADES MØBELCENTER AF 1999 A/SNibevej 29, 9200 Aalborg SV191006455728

Purpose

Selskabets formål er handel med møbler og anden handelsvirksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

40 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Retail sale of furniture (475510)
20241 changeaccounts 1
  • Annual report for 2023 published
20235 changesmanagement 4 · accounts 1
  • Michael Østergaard appointed ceo
  • Tommy Genz appointed board member
  • Peter Chlander Larsen stepped down as director
  • Gunner Erik Hansen stepped down as board member
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20181 changeaddress 1
  • Moved to Nibevej 29, 9200 Aalborg SV
20175 changesownership 5
  • GADES MØBELCENTER AF 1999 A/S registered as owner (10%)
  • GADES MØBELCENTER AF 1999 A/S is no longer registered as owner
  • GADES MØBELCENTER HOLDING ApS registered as owner (90%)
  • Finn Thorbjørn Larsen is no longer registered as owner
  • GADES MØBELCENTER HOLDING ApS is no longer registered as owner
20112 changesownership 2
  • Finn Thorbjørn Larsen registered as owner (5%)
  • GADES MØBELCENTER HOLDING ApS registered as owner (100%)
20062 changesmanagement 2
  • Michael Østergaard appointed board member
  • Poul Juul Gade stepped down as board member
20043 changesmanagement 3
  • Peter Chlander Larsen appointed director
  • Annette Juul Gade stepped down as board member
  • Annette Juul Gade stepped down as director
199916 changesname 1 · capital 1 · management 13 · founded 1
  • Name changed from VGH II NR. 33 A/S to GADES MØBELCENTER AF 1999 A/S
  • Share capital changed from 500,000 DKK to 600,000 DKK
  • Poul Juul Gade appointed board member
  • Annette Juul Gade appointed board member
  • Annette Juul Gade appointed director
  • Gunner Erik Hansen appointed board member
  • Peter Chlander Larsen appointed board member
  • Peter Frank Hansen stepped down as board member
  • Hans Bekkevold stepped down as board member
  • Peter Frank Hansen stepped down as director
  • Poul Thorup stepped down as board member
  • Registered as VGH II NR. 33 A/S
  • Peter Frank Hansen appointed board member
  • Hans Bekkevold appointed board member
  • Peter Frank Hansen appointed director
  • Poul Thorup appointed board member

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Same industry in Aalborg

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Same people in management

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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.

View in CVRReport a correction