Green Cotton Group A/S
Public limited companyCVR 15694505IkastActive
Green Cotton Group A/S is a public limited company, based in Ikast, active in manufacture of knitted and crocheted apparel, founded in 1991. After a loss in 2024, the company made a profit of DKK 2.9m in 2025. Measured by gross profit, it ranks no. 4 of 24 companies in the industry in the database. 10 people are registered in the company's management and ownership.
Key figures · financial year 2025
Gross profitDKK 51.8m+20.5% vs. 2024
Net profitDKK 2.9m+323.6% vs. 2024
EquityDKK 25.6m+4% vs. 2024
Employees16latest month from CVR
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 21% (2024 → 2025), to DKK 51.8m.
- Net profit went from a loss of DKK 1.3m to a profit of DKK 2.9m (2024 → 2025).
- Equity rose 4% (2024 → 2025), to DKK 25.6m.
Employees
- 11 fewer employees than a year earlier: 16 (08/2026) against 27 (08/2025).
Management and owners, last 24 months
- New in management: Martin Kofoed Lundgaard (director, 06/01/2025).
- Stepped down: John Røntved Hansen (chief financial officer, 31/12/2024).
Registrations, last 24 months
- 27/10/2025: Merger registered in CVR
- 01/01/2025: Industry changed to Manufacture of knitted and crocheted apparel (141000)
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 | 33,906 | 54,092 | 58,242 | 44,223 | 42,941 | 51,764 | +20.5% |
| Operating profit (EBIT) | −2,401 | 21,121 | 17,047 | 3,121 | 1,039 | 6,957 | +569.8% |
| Profit before tax | −3,618 | 18,543 | 16,301 | 1,775 | −1,224 | 4,909 | +501.1% |
| Net profit | −3,153 | 14,426 | 11,794 | 1,291 | −1,288 | 2,880 | +323.6% |
| Total assets | 64,816 | 76,014 | 98,627 | 87,923 | 80,606 | 88,103 | +9.3% |
| Equity | 12,599 | 25,322 | 35,306 | 27,498 | 24,600 | 25,591 | +4% |
| Liabilities | 52,217 | 50,032 | 62,818 | 60,048 | 55,755 | 62,513 | +12.1% |
| Cash and cash equivalents | 1,221 | 1,875 | 1,541 | 1,655 | 1,020 | 1,482 | +45.2% |
| Average number of employees | 505 | 591 | 695 | 703 | 629 | 627 | −0.3% |
Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; 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
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/05/2024 – 30/04/2025 | 10/11/2025 | The group | PDF not statedXBRL |
| 2024 | 01/05/2023 – 30/04/2024 | 06/09/2024 | The group | PDFXBRL |
| 2023 | 01/05/2022 – 30/04/2023 | 08/09/2023 | The group | PDFXBRL |
| 2022 | 01/05/2021 – 30/04/2022 | 12/09/2022 | The group | PDFXBRL |
| 2021 | 01/05/2020 – 30/04/2021 | 13/09/2021 | The group | PDFXBRL |
| 2020 | 01/05/2019 – 30/04/2020 | 14/09/2020 | The group | 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
24 companies in the databaseComparison with the other companies in manufacture of knitted and crocheted apparel based on the latest financial year.
Gross profitDKK 51.8mNo. 4 of 24
Better than 87% of the companies in the industry
EquityDKK 25.6mNo. 4 of 24
Better than 87% of the companies in the industry
Number of employees16No. 2 of 24
Better than 96% of the companies in the industry
Industry median: gross profit DKK 5.5m, net profit DKK 253k, equity DKK 6.2m, 7 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. 520of 69,742 Better than 99% | No. 4,947of 69,964 Better than 93% |
| Same industry and fewer than 20 employees18 companies in the comparison | No. 1of 18 Better than 100% | No. 1of 18 Better than 100% |
| Companies that are at least 30 years old10,276 companies in the comparison | No. 1,445of 10,152 Better than 86% | No. 2,988of 10,275 Better than 71% |
| All companies of type A/S18,025 companies in the comparison | No. 2,816of 17,786 Better than 84% | No. 5,397of 18,024 Better than 70% |
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
Manufacture of knitted and crocheted apparelGross profit
- Green Cotton Group A/SDKK 51.8m
- Spectre A/SDKK 284m
- Dilling A/SDKK 258.6m
Net profit
- Green Cotton Group A/SDKK 2.9m
- Spectre A/SDKK 81.5m
- Dilling A/SDKK 79.8m
Equity
- Green Cotton Group A/SDKK 25.6m
- Spectre A/SDKK 278.1m
- Dilling A/SDKK 239.5m
Employees
- Green Cotton Group A/S16
- Spectre A/S49
- Dilling A/S244
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterOwners
- Inge Dam5%
- Snj Holding ApS25%
- TF Holding, Ikast ApS25%
- Moorland Village ApS25%
Green Cotton Group A/S
Subsidiaries and ownership shares
Subsidiaries are shown only if they are in the database.
Management
6 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Lasse Norborg Simonsen | CEO | 05/09/2002 |
| Martin Kofoed Lundgaard | Director | 06/01/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Carl Erik Skovgaard | Chair of the board | 01/12/1991 |
| Lasse Norborg Simonsen | Board member | 22/08/1997 |
| Torben Lund Faurholt | Board member | 16/11/2000 |
| Sanne Nørgaard Johansen | Board member | 20/09/2006 |
- Founders
- Victor Christoffersen, Asbjørn Christoffersen, Sebastian Benjamin Bahn Christoffersen
Former management (19)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Leif Nørgaard | Board member | 01/12/1991 | 05/09/2002 |
| Leif Nørgaard | Director | 01/12/1991 | 05/09/2002 |
| Victor Christoffersen | Board member | 01/12/1991 | 04/05/1993 |
| Victor Christoffersen | Director | 01/12/1991 | 04/05/1993 |
| Lene Klinkby Alstrup | Board member | 01/12/1991 | 22/02/1999 |
| Tage Frank Nielsen | Board member | 01/12/1991 | 30/06/2000 |
| Tage Frank Nielsen | Director | 01/12/1991 | 30/06/2000 |
| Frank Heinrich Christian Wulff | Board member | 01/12/1991 | 31/07/1996 |
| Asbjørn Christoffersen | Board member | 01/12/1991 | 04/05/1993 |
| Sebastian Benjamin Bahn Christoffersen | Board member | 01/12/1991 | 04/05/1993 |
| Inge Dam | Board member | 01/12/1991 | 22/02/1999 |
| Gunhild Ravn | Board member | 01/12/1991 | 22/02/1999 |
| Jørgen Lyhne | Board member | 22/02/1999 | 20/01/2004 |
| Carsten Aas Kristensen | Chief financial officer | 05/09/2002 | 07/10/2011 |
| Finn Hother Madsen | Board member | 20/01/2004 | 02/01/2008 |
| Steen Overholdt Hansen | Board member | 11/10/2012 | 09/09/2016 |
| Jan Bjærre | Board member | 21/10/2014 | 03/09/2018 |
| John Røntved Hansen | Chief financial officer | 21/10/2014 | 31/12/2024 |
| Christian Valdemar Juhl | Board member | 21/10/2014 | 03/09/2018 |
Signing rule: Selskabet tegnes af 1 direktør i forening med et bestyrelsesmedlem, af 2 bestyrelsesmedlemmer i forneing eller af den samlede bestyrelse.
Address and production units
1 active production unitsThrigesvej 5
7430 Ikast
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Green Cotton Group A/S | Thrigesvej 5, 7430 Ikast | 16 | 1002974333 |
Purpose
Selskabets formål er at drive produktions- og salgsvirksomhed indenfor tekstilbranchen samt enhver virksomhed, der efter bestyrelsens skøn står i forbindelse hermed
The purpose is quoted from the register in Danish.
Changes year by year
70 registered events32014
02015
22016
02017
22018
02019
22020
32021
12022
12023
22024
42025
20254 changesaccounts 1 · merger 1 · management 1 · industry 1
- AccountsAnnual report for 2025 published
- MergerMerger registered in CVR
- ManagementMartin Kofoed Lundgaard appointed director
- IndustryIndustry changed to Manufacture of knitted and crocheted apparel (141000)
20242 changesmanagement 1 · accounts 1
- ManagementJohn Røntved Hansen stepped down as chief financial officer
- AccountsAnnual report for 2024 published
20231 changeaccounts 1
- AccountsAnnual report for 2023 published
20221 changeaccounts 1
- AccountsAnnual report for 2022 published
20213 changesaddress 1 · accounts 1 · name 1
- AddressMoved to Thrigesvej 5, 7430 Ikast
- AccountsAnnual report for 2021 published
- NameName changed from Green Cotton Group Denmark A/S to Green Cotton Group A/S
20202 changesaddress 1 · accounts 1
- AddressMoved to Thrigesvej 5, 7430 Ikast
- AccountsAnnual report for 2020 published
20182 changesmanagement 2
- ManagementJan Bjærre stepped down as board member
- ManagementChristian Valdemar Juhl stepped down as board member
20162 changesmanagement 1 · name 1
- ManagementSteen Overholdt Hansen stepped down as board member
- NameName changed from NOVOTEX A/S to Green Cotton Group Denmark A/S
20143 changesmanagement 3
- ManagementJohn Røntved Hansen appointed chief financial officer
- ManagementJan Bjærre appointed board member
- ManagementChristian Valdemar Juhl appointed board member
20131 changeaddress 1
- AddressMoved to Thrigesvej 5, 7430 Ikast
20122 changescapital 1 · management 1
- CapitalShare capital changed from 2,253,000 DKK to 2,967,000 DKK
- ManagementSteen Overholdt Hansen appointed board member
20111 changemanagement 1
- ManagementCarsten Aas Kristensen stepped down as chief financial officer
20103 changesownership 3
- OwnershipSNJ HOLDING ApS registered as owner (25%)
- OwnershipTF HOLDING, IKAST ApS registered as owner (25%)
- OwnershipMoorland Village ApS registered as owner (25%)
20082 changesmanagement 1 · industry 1
- ManagementFinn Hother Madsen stepped down as board member
- IndustryIndustry changed to Fremstilling af underbeklædning (141400)
20071 changeaddress 1
- AddressMoved to Ellehammervej 8, 7430 Ikast
20061 changemanagement 1
- ManagementSanne Nørgaard Johansen appointed board member
20042 changesmanagement 2
- ManagementFinn Hother Madsen appointed board member
- ManagementJørgen Lyhne stepped down as board member
20031 changeindustry 1
- IndustryIndustry changed to Fremstilling af anden underbeklædning (182390)
20024 changesmanagement 4
- ManagementLasse Norborg Simonsen appointed ceo
- ManagementCarsten Aas Kristensen appointed chief financial officer
- ManagementLeif Nørgaard stepped down as board member
- ManagementLeif Nørgaard stepped down as director
20004 changescapital 1 · management 3
- CapitalShare capital changed from 3,000,000 DKK to 2,253,000 DKK
- ManagementTorben Lund Faurholt appointed board member
- ManagementTage Frank Nielsen stepped down as director
- ManagementTage Frank Nielsen stepped down as board member
19994 changesmanagement 4
- ManagementJørgen Lyhne appointed board member
- ManagementInge Dam stepped down as board member
- ManagementLene Klinkby Alstrup stepped down as board member
- ManagementGunhild Ravn stepped down as board member
19971 changemanagement 1
- ManagementLasse Norborg Simonsen appointed board member
19962 changesmanagement 1 · ownership 1
- ManagementFrank Heinrich Christian Wulff stepped down as board member
- OwnershipInge Dam registered as owner (5%)
19936 changescapital 1 · name 1 · management 4
- CapitalShare capital changed from 500,000 DKK to 3,000,000 DKK
- NameName changed from VICH 3269 A/S to NOVOTEX A/S
- ManagementSebastian Benjamin Bahn Christoffersen stepped down as board member
- ManagementAsbjørn Christoffersen stepped down as board member
- ManagementVictor Christoffersen stepped down as director
- ManagementVictor Christoffersen stepped down as board member
19921 changecapital 1
- CapitalShare capital changed from 300,000 DKK to 500,000 DKK
199114 changesfounded 1 · management 13
- FoundedRegistered as VICH 3269 A/S
- ManagementLeif Nørgaard appointed board member
- ManagementInge Dam appointed board member
- ManagementSebastian Benjamin Bahn Christoffersen appointed board member
- ManagementAsbjørn Christoffersen appointed board member
- ManagementFrank Heinrich Christian Wulff appointed board member
- ManagementTage Frank Nielsen appointed director
- ManagementTage Frank Nielsen appointed board member
- ManagementCarl Erik Skovgaard appointed chair of the board
- ManagementLene Klinkby Alstrup appointed board member
- ManagementVictor Christoffersen appointed director
- ManagementVictor Christoffersen appointed board member
- ManagementGunhild Ravn appointed board member
- ManagementLeif Nørgaard appointed director
Related companies
Same industry in Ikast-Brande
- Spectre A/S49 employees
- Elsa Konfektion A/S5 employees
- JV Knitwear ApS4 employees
Same people in management
- Danish Crown A/Svia Victor Christoffersen
- Normal A/Svia Steen Overholdt Hansen
- Jysk A/Svia Finn Hother Madsen
- Vestas Wind Systems A/Svia Victor Christoffersen
- Hofor A/Svia Sebastian Benjamin Bahn Christoffersen
- Ørsted Services A/Svia Sebastian Benjamin Bahn Christoffersen
Largest in the industry
- Spectre A/SDKK 284m
- Dilling A/SDKK 258.6m
- Joha A/SDKK 63.3m
- MP Denmark A/SDKK 19.7m
- Tailor Shaped ApSDKK 14.9m
- Clipper A/SDKK 13.6m
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.