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Garment Project ApS

Private limited companyCVR 35850287København KActive

Garment Project ApS is a private limited company, based in København K, active in wholesale of clothing, founded in 2014. The company went from a profit in 2024 to a loss of DKK 866k in 2025. Equity fell to DKK 2.4m in 2025.

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Key figures · financial year 2025

Gross profitDKK 2m−6.5% vs. 2024
Net profit−DKK 866k−1,431.6% vs. 2024
EquityDKK 2.4m−26.5% vs. 2024
Employees3latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 6% (2024 → 2025), to DKK 2m.
  • Net profit went from a profit of DKK 65,046 to a loss of DKK 866k (2024 → 2025).
  • Equity fell 26% (2024 → 2025), to DKK 2.4m.

Employees

  • 1 fewer employees than a year earlier: 3 (07/2026) against 4 (07/2025).

Management and owners, last 24 months

  • New owners registered: K. R. M. Holding ApS (30/10/2024) and Løvdal Holding ApS (11/09/2026).
  • No longer registered as owner: K. R. M. Holding ApS (29/10/2024), Ec-pack ApS (11/09/2026) and Løvdal Holding ApS (10/09/2026).

Registrations, last 24 months

  • 05/11/2024: Moved to Pilestræde 40C, 1. th, 1112 København K
  • 30/10/2024: Share capital changed from 50,000 DKK to 58,929 DKK

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 2019–2025 · amounts in DKK thousand

Equity and net profit

−DKK 2m−DKK 1mDKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5m201920212022202320242025
EquityNet profit
Financial figures for Garment Project ApS
201920212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit3,3215,7643,3152,2042,1051,968−6.5%
Operating profit (EBIT)––−1,012−552348−33−109.6%
Profit before tax1,6242,462−1,219−1,28590−421−567.9%
Net profit1,2481,905−977−1,01065−866−1,431.6%
Total assets9,99212,42910,6648,42110,0349,772−2.6%
Equity2,4684,6953,7182,7083,2732,407−26.5%
Liabilities–7,7306,9465,7136,7617,365+8.9%
Cash and cash equivalents1,37039823361117−33.1%
Average number of employees–585330%

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 2019, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2020 (changed financial year or not filed).

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 1mDKK 2mDKK 3mDKK 4mDKK 5mDKK 6m201920212022202320242025
Gross profitMedian, the industry (356 companies)

Annual reports

6 financial years
Annual reports for Garment Project ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202507/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202427/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202314/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202228/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202104/04/2022The companyPDFXBRL
201901/01/2019 – 31/12/201904/03/2020The 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

356 companies in the database

Comparison with the other companies in wholesale of clothing based on the latest financial year.

Gross profitDKK 2mNo. 221 of 356
Better than 38% of the companies in the industry
EquityDKK 2.4mNo. 198 of 356
Better than 45% of the companies in the industry
Number of employees3No. 208 of 356
Better than 42% of the companies in the industry

Industry median: gross profit DKK 3.9m, net profit DKK 258k, equity DKK 3.4m, 5 employees.

DKK 100kDKK 1.3mDKK 17.2mDKK 224.7mDKK 1.2bnHere
Distribution of gross profit for 331 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. 31,312of 69,742
Better than 55%
No. 21,980of 69,964
Better than 69%
Same industry and fewer than 20 employees258 companies in the comparison
No. 124of 258
Better than 52%
No. 109of 258
Better than 58%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 17,095of 33,588
Better than 49%
No. 9,711of 33,687
Better than 71%
All companies of type ApS66,508 companies in the comparison
No. 30,352of 66,379
Better than 54%
No. 18,308of 66,505
Better than 72%

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 clothing
Gross profit
  1. Garment Project ApSDKK 2m
  2. DK Company A/SDKK 2.9bn
  3. Sports Connection ApSDKK 439.2m
Net profit
  1. Garment Project ApS−DKK 866k
  2. DK Company A/SDKK 309.3m
  3. Sports Connection ApSDKK 315.1m
Equity
  1. Garment Project ApSDKK 2.4m
  2. DK Company A/SDKK 1.3bn
  3. Sports Connection ApSDKK 620.5m
Employees
  1. Garment Project ApS3
  2. DK Company A/S467
  3. Sports Connection ApS76

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
  • K. R. M. Holding ApS66.67%
  • Løvdal Holding ApS25%
Garment Project ApS

Management

1 active registrations

Executive management

Executive management at Garment Project ApS
NameRoleAppointed
Kent Rau MadsenDirector06/05/2014
Auditor
Grant Thornton, Godkendt Revisionspartnerselskab
Founders
K. R. M. Holding ApS

Signing rule: Selskabet tegnes af en direktør.

Address and production units

1 active production units

Pilestræde 40C
1112 København K

København Municipality · Postcode 1112

Production units
Production unitAddressEmployeesP number
Garment Project ApSPilestræde 40C, 1. th, 1112 København K31019384582

Purpose

Selskabets formål er at udøve virksomhed med design af tøj og anden beklædning, handelsvirksomhed inden for beklædning samt hermed efter ledelsens skøn beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

44 registered events
20264 changesownership 3 · accounts 1
  • LØVDAL HOLDING ApS registered as owner (25%)
  • EC-PACK ApS is no longer registered as owner
  • LØVDAL HOLDING ApS is no longer registered as owner
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20245 changesaddress 1 · capital 1 · ownership 2 · accounts 1
  • Moved to Pilestræde 40C, 1. th, 1112 København K
  • Share capital changed from 50,000 DKK to 58,929 DKK
  • K. R. M. HOLDING ApS registered as owner (66.67%)
  • K. R. M. HOLDING ApS is no longer registered as owner
  • Annual report for 2023 published
20234 changesaccounts 1 · ownership 3
  • Annual report for 2022 published
  • LØVDAL HOLDING ApS registered as owner (20%)
  • EC-PACK ApS registered as owner (10%)
  • LØVDAL HOLDING ApS is no longer registered as owner
20224 changesownership 3 · accounts 1
  • LØVDAL HOLDING ApS registered as owner (33.33%)
  • S.B.Arlund Holding ApS is no longer registered as owner
  • LØVDAL HOLDING ApS is no longer registered as owner
  • Annual report for 2021 published
20202 changesaddress 1 · accounts 1
  • Moved to Vestergade 12A, 1, 1456 København K
  • Annual report for 2019 published
20194 changesownership 3 · address 1
  • S.B.Arlund Holding ApS registered as owner (20%)
  • UPED HOLDING ApS is no longer registered as owner
  • S.B.Arlund Holding ApS is no longer registered as owner
  • Moved to Højbro Plads 21B, 1, 1200 København K
20185 changesownership 5
  • LØVDAL HOLDING ApS registered as owner (25%)
  • LØVDAL HOLDING ApS is no longer registered as owner
  • S.B.Arlund Holding ApS registered as owner (25%)
  • S.B.A. HOLDING ApS is no longer registered as owner
  • UPED HOLDING ApS registered as owner (10%)
20169 changesownership 6 · name 1 · capital 1 · address 1
  • K. R. M. HOLDING ApS registered as owner (50%)
  • LØVDAL HOLDING ApS registered as owner (10%)
  • K. R. M. HOLDING ApS is no longer registered as owner
  • Name changed from GARMENT PROJECT IVS to Garment Project ApS
  • Share capital changed from 1 DKK to 50,000 DKK
  • S.B.A. HOLDING ApS registered as owner (25%)
  • MNBZ ApS is no longer registered as owner
  • S.B.A. HOLDING ApS is no longer registered as owner
  • Moved to Gammel Kongevej 147, 1850 Frederiksberg C
20153 changesownership 2 · industry 1
  • MNBZ ApS registered as owner (10%)
  • S.B.A. HOLDING ApS registered as owner (20%)
  • Industry changed to Wholesale of clothing (464210)
20143 changesfounded 1 · management 1 · ownership 1
  • Registered as GARMENT PROJECT IVS
  • Kent Rau Madsen appointed director
  • K. R. M. HOLDING ApS registered as owner (66.67%)

Related companies

Same industry in København

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Same people in management

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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