Georg Jensen Retail A/S
Public limited companyCVR 34898847FrederiksbergActive
Georg Jensen Retail A/S is a public limited company, based in Frederiksberg, active in retail sale of watches and jewellery, founded in 2013. Net profit fell 36% from 2024 to 2025, ending at DKK 2m. Operations are spread over 4 production units in 4 towns. With 53 employees, the company is about 18 times larger than the industry median.
Key figures · financial year 2025
Gross profitDKK 19.3m+0.4% vs. 2024
Net profitDKK 2m−36% vs. 2024
EquityDKK 84.1m+2.4% vs. 2024
Employees53latest month from CVR
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Net profit fell 36% (2024 → 2025), to DKK 2m.
- Equity rose 2% (2024 → 2025), to DKK 84.1m.
Employees
- 2 fewer employees than a year earlier: 53 (07/2026) against 55 (07/2025).
Management and owners, last 24 months
- New in management: Daniel Joseph Alexis Lalonde (board member, 29/06/2026), Niko Johannes Haavisto (chair of the board, 21/08/2026) and Aamir Shaukat (board member, 16/11/2024).
- Stepped down: Jussi Pekka Kaarlo Siitonen (chair of the board, 21/08/2026), Christian Bachler (board member, 16/11/2024) and Aamir Shaukat (board member, 29/06/2026).
- New owners registered: Fiskars Denmark (Vita) A/S (01/03/2026).
- No longer registered as owner: Georg Jensen A/S (01/03/2026).
Registrations, last 24 months
- 04/08/2026: Moved to Dirch Passers Allé 76, 1, 2000 Frederiksberg
- 01/01/2025: Industry changed to Retail sale of watches and jewellery (477700)
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 | 53,265 | 38,646 | 39,297 | 19,779 | 19,216 | 19,300 | +0.4% |
| Operating profit (EBIT) | 8,864 | 4,286 | 2,739 | 1,952 | 2,291 | 1,664 | −27.4% |
| Profit before tax | 8,786 | 4,088 | 3,554 | 3,348 | 3,982 | 2,535 | −36.3% |
| Net profit | 4,697 | 3,188 | 2,771 | 1,747 | 3,079 | 1,970 | −36% |
| Total assets | 86,575 | 88,083 | 92,695 | 99,297 | 100,391 | 102,569 | +2.2% |
| Equity | 71,334 | 74,522 | 77,293 | 79,040 | 82,119 | 84,089 | +2.4% |
| Liabilities | – | – | – | 16,472 | 14,487 | 14,695 | +1.4% |
| Cash and cash equivalents | 5,382 | 33,096 | 16,673 | 10,141 | 232 | 335 | +44.4% |
| Average number of employees | 36 | 29 | 31 | 35 | 36 | 34 | −5.6% |
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 | 06/07/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 17/07/2025 | The company | PDF not statedXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 11/07/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 13/07/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 08/07/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 21/06/2021 | 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
242 companies in the databaseComparison with the other companies in retail sale of watches and jewellery based on the latest financial year.
Gross profitDKK 19.3mNo. 11 of 242
Better than 96% of the companies in the industry
EquityDKK 84.1mNo. 2 of 242
Better than 100% of the companies in the industry
Number of employees53No. 8 of 242
Better than 97% of the companies in the industry
Industry median: gross profit DKK 1.9m, net profit DKK 168k, equity DKK 1.6m, 3 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. 3,271of 4,412 Better than 26% | No. 792of 4,466 Better than 82% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 2,131of 33,588 Better than 94% | No. 802of 33,687 Better than 98% |
| All companies of type A/S18,025 companies in the comparison | No. 6,107of 17,786 Better than 66% | No. 2,571of 18,024 Better than 86% |
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 watches and jewelleryGross profit
- Georg Jensen Retail A/SDKK 19.3m
- Vibholm Guld og Sølv ApSDKK 125.2m
- Pilgrim A/SDKK 113.9m
Net profit
- Georg Jensen Retail A/SDKK 2m
- Vibholm Guld og Sølv ApSDKK 24.8m
- Pilgrim A/SDKK 6.9m
Equity
- Georg Jensen Retail A/SDKK 84.1m
- Vibholm Guld og Sølv ApSDKK 77.3m
- Pilgrim A/SDKK 83m
Employees
- Georg Jensen Retail A/S53
- Vibholm Guld og Sølv ApS312
- Pilgrim A/S416
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterGeorg Jensen Retail A/S
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Jacob Siboni | CEO | 14/12/2023 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Päivi Maarit Timonen | Board member | 01/10/2023 |
| Daniel Joseph Alexis Lalonde | Board member | 29/06/2026 |
| Niko Johannes Haavisto | Chair of the board | 21/08/2026 |
- Founders
- ApS KBUS 38 nr.3117
Former management (32)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Peter Andreas Stakemann | Director | 01/01/2013 | 17/06/2013 |
| Annemette Nøhr | Director | 17/06/2013 | 31/10/2013 |
| Denise Willenbrack Nørgaard | Board member | 31/10/2013 | 31/01/2014 |
| Annemette Nøhr | Deputy chair | 31/10/2013 | 26/05/2016 |
| Pia Cecilie Jacobsen | Director | 31/10/2013 | 26/05/2014 |
| David Ching Chi Chu | Chair of the board | 31/10/2013 | 12/03/2018 |
| Pia Cecilie Jacobsen | Board member | 31/01/2014 | 26/05/2014 |
| Steve Amstutz | Board member | 26/05/2014 | 27/05/2016 |
| Steve Amstutz | Director | 26/05/2014 | 27/05/2016 |
| Annemette Nøhr | Board member | 27/05/2016 | 25/08/2016 |
| Annemette Nøhr | Director | 27/05/2016 | 25/08/2016 |
| Saga Eva-Lotta Sjöstedt | Board member | 27/05/2016 | 02/11/2017 |
| Saga Eva-Lotta Sjöstedt | Director | 14/09/2016 | 02/11/2017 |
| Nicolaas Theodorus De Jong | Board member | 14/09/2016 | 25/05/2018 |
| Francesco Pesci | Board member | 02/11/2017 | 18/01/2021 |
| Francesco Pesci | CEO | 02/11/2017 | 18/01/2021 |
| Henning Heiberg Andersen | Chair of the board | 12/03/2018 | 28/12/2018 |
| Per Erik Rutger Jönsson | Board member | 25/05/2018 | 12/11/2018 |
| Nicholas Baron Manville | Board member | 12/11/2018 | 17/01/2021 |
| Casper Nicolai Freddie | Chair of the board | 28/12/2018 | 18/01/2021 |
| Nicholas Baron Manville | Deputy chair | 18/01/2021 | 09/06/2021 |
| Mehul Tank | Board member | 18/01/2021 | 01/10/2023 |
| Mehul Tank | CEO | 18/01/2021 | 14/12/2023 |
| Charlotte Juhl | Chair of the board | 18/01/2021 | 04/02/2022 |
| Pernilla Aadal Lund | Deputy chair | 09/06/2021 | 04/02/2022 |
| Marcus Henriksen | Chair of the board | 04/02/2022 | 15/05/2023 |
| Anette Hasling Jæger | Deputy chair | 04/02/2022 | 14/05/2023 |
| Anette Hasling Jæger | Chair of the board | 15/05/2023 | 01/10/2023 |
| John Helms | Deputy chair | 15/05/2023 | 01/10/2023 |
| Jussi Pekka Kaarlo Siitonen | Chair of the board | 01/10/2023 | 21/08/2026 |
| Christian Bachler | Board member | 01/10/2023 | 16/11/2024 |
| Aamir Shaukat | Board member | 16/11/2024 | 29/06/2026 |
Signing rule: Selskabet tegnes af bestyrelsesformanden og næstformanden hver for sig i forening med et bestyrelsesmedlem eller med en direktør eller af den samlede bestyrelse i forening.
Address and production units
4 active production unitsDirch Passers Allé 76
2000 Frederiksberg
Frederiksberg Municipality · Postcode 2000
Other companies at the address (2)
- Fiskars Denmark (Vita) A/SWholesale of china and glassware
- Fiskars Denmark A/SWholesale of other household goods n.e.c.
| Production unit | Address | Employees | P number |
|---|---|---|---|
| GEORG JENSEN RETAIL A/S | Amagertorv 4, 1160 København K | 27 | 1019377136 |
| GEORG JENSEN RETAIL A/S | Terminalgade 6, 2770 Kastrup | 14 | 1019377144 |
| GEORG JENSEN RETAIL A/S | Søndergade 1, 8000 Aarhus C | 7 | 1019377152 |
| GEORG JENSEN RETAIL A/S | Dirch Passers Allé 76, 1, 2000 Frederiksberg | 6 | 1018172190 |
Purpose
Selskabets formål er at drive handel engros og detail, fabrikation og håndværk, særligt inden for juvel-, sølv- og guldvareindustrien, restaurationsdrift samt anden virksomhed, som efter bestyrelsens skøn står i forbindelse hermed.
The purpose is quoted from the register in Danish.
Changes year by year
87 registered events02015
102016
42017
82018
02019
02020
112021
52022
132023
32024
22025
82026
20268 changesmanagement 4 · address 1 · accounts 1 · ownership 2
- ManagementNiko Johannes Haavisto appointed chair of the board
- ManagementJussi Pekka Kaarlo Siitonen stepped down as chair of the board
- AddressMoved to Dirch Passers Allé 76, 1, 2000 Frederiksberg
- AccountsAnnual report for 2025 published
- ManagementDaniel Joseph Alexis Lalonde appointed board member
- ManagementAamir Shaukat stepped down as board member
- OwnershipFiskars Denmark (Vita) A/S registered as owner (100%)
- OwnershipGEORG JENSEN A/S is no longer registered as owner
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Retail sale of watches and jewellery (477700)
20243 changesmanagement 2 · accounts 1
- ManagementAamir Shaukat appointed board member
- ManagementChristian Bachler stepped down as board member
- AccountsAnnual report for 2023 published
202313 changesmanagement 12 · accounts 1
- ManagementJacob Siboni appointed ceo
- ManagementMehul Tank stepped down as ceo
- ManagementPäivi Maarit Timonen appointed board member
- ManagementJussi Pekka Kaarlo Siitonen appointed chair of the board
- ManagementChristian Bachler appointed board member
- ManagementJohn Helms stepped down as deputy chair
- ManagementAnette Hasling Jæger stepped down as chair of the board
- ManagementMehul Tank stepped down as board member
- AccountsAnnual report for 2022 published
- ManagementJohn Helms appointed deputy chair
- ManagementAnette Hasling Jæger appointed chair of the board
- ManagementMarcus Henriksen stepped down as chair of the board
- ManagementAnette Hasling Jæger stepped down as deputy chair
20225 changesaccounts 1 · management 4
- AccountsAnnual report for 2021 published
- ManagementMarcus Henriksen appointed chair of the board
- ManagementAnette Hasling Jæger appointed deputy chair
- ManagementPernilla Aadal Lund stepped down as deputy chair
- ManagementCharlotte Juhl stepped down as chair of the board
202111 changesaccounts 1 · management 10
- AccountsAnnual report for 2020 published
- ManagementPernilla Aadal Lund appointed deputy chair
- ManagementNicholas Baron Manville stepped down as deputy chair
- ManagementNicholas Baron Manville appointed deputy chair
- ManagementCharlotte Juhl appointed chair of the board
- ManagementMehul Tank appointed ceo
- ManagementMehul Tank appointed board member
- ManagementCasper Nicolai Freddie stepped down as chair of the board
- ManagementFrancesco Pesci stepped down as ceo
- ManagementFrancesco Pesci stepped down as board member
- ManagementNicholas Baron Manville stepped down as board member
20188 changesmanagement 8
- ManagementCasper Nicolai Freddie appointed chair of the board
- ManagementHenning Heiberg Andersen stepped down as chair of the board
- ManagementNicholas Baron Manville appointed board member
- ManagementPer Erik Rutger Jönsson stepped down as board member
- ManagementPer Erik Rutger Jönsson appointed board member
- ManagementNicolaas Theodorus De Jong stepped down as board member
- ManagementHenning Heiberg Andersen appointed chair of the board
- ManagementDavid Ching Chi Chu stepped down as chair of the board
20174 changesmanagement 4
- ManagementFrancesco Pesci appointed ceo
- ManagementFrancesco Pesci appointed board member
- ManagementSaga Eva-Lotta Sjöstedt stepped down as director
- ManagementSaga Eva-Lotta Sjöstedt stepped down as board member
201610 changesmanagement 10
- ManagementSaga Eva-Lotta Sjöstedt appointed director
- ManagementNicolaas Theodorus De Jong appointed board member
- ManagementAnnemette Nøhr stepped down as director
- ManagementAnnemette Nøhr stepped down as board member
- ManagementAnnemette Nøhr appointed director
- ManagementSaga Eva-Lotta Sjöstedt appointed board member
- ManagementAnnemette Nøhr appointed board member
- ManagementSteve Amstutz stepped down as board member
- ManagementSteve Amstutz stepped down as director
- ManagementAnnemette Nøhr stepped down as deputy chair
20147 changesmanagement 6 · name 1
- ManagementSteve Amstutz appointed board member
- ManagementSteve Amstutz appointed director
- ManagementPia Cecilie Jacobsen stepped down as board member
- ManagementPia Cecilie Jacobsen stepped down as director
- NameName changed from GEORG JENSEN RETAIL ApS to GEORG JENSEN RETAIL A/S
- ManagementPia Cecilie Jacobsen appointed board member
- ManagementDenise Willenbrack Nørgaard stepped down as board member
201316 changesname 2 · capital 1 · management 8 · merger 1 · address 1 · ownership 1 · industry 1 · founded 1
- NameName changed from GJR ApS to GEORG JENSEN RETAIL ApS
- CapitalShare capital changed from 80,000 DKK to 581,000 DKK
- ManagementAnnemette Nøhr appointed deputy chair
- ManagementDavid Ching Chi Chu appointed chair of the board
- ManagementPia Cecilie Jacobsen appointed director
- ManagementDenise Willenbrack Nørgaard appointed board member
- ManagementAnnemette Nøhr stepped down as director
- MergerMerger registered in CVR
- AddressMoved to Søndre Fasanvej 7, 2000 Frederiksberg
- NameName changed from ApS KRP NR. 3006 to GJR ApS
- ManagementAnnemette Nøhr appointed director
- ManagementPeter Andreas Stakemann stepped down as director
- OwnershipGEORG JENSEN A/S registered as owner (100%)
- IndustryIndustry changed to Retail sale of watches and jewellery (477700)
- FoundedRegistered as ApS KRP NR. 3006
- ManagementPeter Andreas Stakemann appointed director
Related companies
Same industry in Frederiksberg
- Pigen & Diamanten ApS5 employees
- Æstetik ApS4 employees
- Unique Watches ApS3 employees
- Longvé ApS3 employees
- Guldsmed Anders Mørck ApS2 employees
Same people in management
- Pure Gym Denmark A/Svia Peter Andreas Stakemann
- Atea A/Svia Peter Andreas Stakemann
- Nomeco A/Svia Peter Andreas Stakemann
- Aviator Flight Services ApSvia Peter Andreas Stakemann
- Randstad A/Svia Peter Andreas Stakemann
- King Food Danmark A/Svia Peter Andreas Stakemann
Largest in the industry
- Vibholm Guld og Sølv ApSDKK 125.2m
- Pilgrim A/SDKK 113.9m
- Bucherer Denmark ApSDKK 108.6m
- Vitus Guld ApSDKK 50.9m
- Trendhim ApSDKK 49.1m
- Ditur.dk ApSDKK 45.4m
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.