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Gustav A/S

Public limited companyCVR 32094570JellingActive

Gustav A/S is a public limited company, based in Jelling, active in industrial design and fashion design, founded in 2009. Net profit fell 11% from 2025 to 2026, ending at DKK 4.7m. With 18 employees, the company is about 6 times larger than the industry median. Gross profit is higher than that of 92% of the companies in the industry in the database.

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Key figures · financial year 2026

Gross profitDKK 14.6m−5.5% vs. 2025
Net profitDKK 4.7m−11.3% vs. 2025
EquityDKK 15m−7.1% vs. 2025
Employees18latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2026 against 2025

  • Gross profit fell 5% (2025 → 2026), to DKK 14.6m.
  • Net profit fell 11% (2025 → 2026), to DKK 4.7m.
  • Equity fell 7% (2025 → 2026), to DKK 15m.

Employees

  • 3 more employees than a year earlier: 18 (08/2026) against 15 (08/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Industrial design and fashion design (741100)

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 2021–2026 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 5mDKK 10mDKK 15mDKK 20m202120222023202420252026
EquityNet profit
Financial figures for Gustav A/S
202120222023202420252026Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit16,60616,49417,81419,45715,42414,580−5.5%
Operating profit (EBIT)8,9888,9699,14110,6386,7606,277−7.1%
Profit before tax8,5828,3339,52010,9166,7656,022−11%
Net profit6,7106,5137,4548,5405,3064,706−11.3%
Total assets27,10720,65121,60224,44720,84220,169−3.2%
Equity20,54715,32516,26418,80516,11314,973−7.1%
Liabilities6,5615,3275,3385,6414,7295,196+9.9%
Cash and cash equivalents11,4026,1694,8988,2607,2226,360−11.9%
Average number of employees1313131312120%

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 2021, 2022, 2023, 2024, 2025, 2026: 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 12mDKK 14mDKK 16mDKK 18mDKK 20m202120222023202420252026
Gross profitMedian, the industry (226 companies)

Signals from the financial statements

calculated from the 2026 figures

  • Profit for five years in a row

    Net result has been positive in 2022–2026.

    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 Gustav A/S
Financial yearPeriodPublishedFigures forDocuments
202601/05/2025 – 30/04/202622/10/2026The companyPDF not statedXBRL
202501/05/2024 – 30/04/202517/09/2025The companyPDF not statedXBRL
202401/05/2023 – 30/04/202411/09/2024The companyPDFXBRL
202301/05/2022 – 30/04/202330/08/2023The companyPDFXBRL
202201/05/2021 – 30/04/202215/09/2022The companyPDFXBRL
202101/05/2020 – 30/04/202101/10/2021The 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

226 companies in the database

Comparison with the other companies in industrial design and fashion design based on the latest financial year.

Gross profitDKK 14.6mNo. 20 of 226
Better than 92% of the companies in the industry
EquityDKK 15mNo. 20 of 226
Better than 92% of the companies in the industry
Number of employees18No. 29 of 226
Better than 88% of the companies in the industry

Industry median: gross profit DKK 1.7m, net profit DKK 142k, equity DKK 987k, 3 employees.

DKK 100kDKK 746kDKK 5.6mDKK 41.5mDKK 158.3mHere
Distribution of gross profit for 204 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. 2,529of 69,742
Better than 96%
No. 7,004of 69,964
Better than 90%
Same industry and fewer than 20 employees200 companies in the comparison
No. 6of 200
Better than 97%
No. 6of 200
Better than 97%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 4,437of 24,791
Better than 82%
No. 5,275of 24,909
Better than 79%
All companies of type A/S18,025 companies in the comparison
No. 7,313of 17,786
Better than 59%
No. 7,231of 18,024
Better than 60%

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

Industrial design and fashion design
Gross profit
  1. Gustav A/SDKK 14.6m
  2. Muuto A/SDKK 309.3m
  3. Maileg ApSDKK 134.6m
Net profit
  1. Gustav A/SDKK 4.7m
  2. Muuto A/SDKK 106.2m
  3. Maileg ApSDKK 93.6m
Equity
  1. Gustav A/SDKK 15m
  2. Muuto A/SDKK 473.1m
  3. Maileg ApSDKK 182m
Employees
  1. Gustav A/S18
  2. Muuto A/S140
  3. Maileg ApS37

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
  • Oki Holding ApS33.33%
  • Casaca ApS50%
Gustav A/S

Management

4 active registrations

Executive management

Executive management at Gustav A/S
NameRoleAppointed
Henrik BorgaardDirector07/04/2009

Board of directors

Board of directors at Gustav A/S
NameRoleAppointed
Ole Kudahl IsaksenChair of the board07/04/2009
Henrik BorgaardBoard member07/04/2009
Helene HemplerBoard member10/01/2020
Founders
Hlh Invest ApS, Oki Holding ApS, Casaca ApS, Thorsen A/S
Former management (2)
Former management at Gustav A/S
NameRoleAppointedResigned
Henrik Vagn HansenBoard member07/04/200901/02/2010
Joan Harfeld PetersenBoard member01/02/201008/01/2020

Signing rule: Selskabet tegnes af direktøren i forening med et bestyrelsesmedlem eller af den samlede bestyrelse.

Address and production units

1 active production units

Ballevej 118
7300 Jelling

Vejle Municipality · Postcode 7300

Production units
Production unitAddressEmployeesP number
GUSTAV A/SBallevej 118, 7300 Jelling181015196730

Purpose

Selskabets formål er design, produktion, salg og distribution af modevarer, herunder beklædning, accessories samt hermed efter bestyrelsens vurdering beslægtede aktiviteter.

The purpose is quoted from the register in Danish.

Changes year by year

24 registered events
20261 changeaccounts 1
  • Annual report for 2026 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2025 published
  • Industry changed to Industrial design and fashion design (741100)
20241 changeaccounts 1
  • Annual report for 2024 published
20231 changeaccounts 1
  • Annual report for 2023 published
20221 changeaccounts 1
  • Annual report for 2022 published
20211 changeaccounts 1
  • Annual report for 2021 published
20202 changesmanagement 2
  • Helene Hempler appointed board member
  • Joan Harfeld Petersen stepped down as board member
20181 changeaddress 1
  • Moved to Ballevej 118, 7300 Jelling
20106 changesownership 4 · management 2
  • Ole Kudahl Isaksen registered as owner (33.33%)
  • Ole Kudahl Isaksen is no longer registered as owner
  • Henrik Borgaard registered as owner (50%)
  • Henrik Borgaard is no longer registered as owner
  • Joan Harfeld Petersen appointed board member
  • Henrik Vagn Hansen stepped down as board member
20098 changesindustry 1 · founded 1 · management 4 · ownership 2
  • Industry changed to Industriel design og produktdesign (741010)
  • Registered as GUSTAV A/S
  • Henrik Vagn Hansen appointed board member
  • Ole Kudahl Isaksen appointed chair of the board
  • Henrik Borgaard appointed board member
  • Henrik Borgaard appointed director
  • OKI HOLDING ApS registered as owner (33.33%)
  • CASACA ApS registered as owner (50%)

Related companies

Same industry in Vejle

See all →

Same people in management

Largest in the industry

See all →

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