HandcraftedCph ApS
Private limited companyCVR 38746545København VActive
HandcraftedCph ApS is a private limited company, based in København V, active in retail sale of watches and jewellery, founded in 2017. Net profit fell 20% from 2024 to 2025, ending at DKK 2.9m. Operations are spread over 3 production units. With 27 employees, the company is about 9 times larger than the industry median.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 8% (2024 → 2025), to DKK 15.1m.
- Net profit fell 20% (2024 → 2025), to DKK 2.9m.
- Equity rose 77% (2024 → 2025), to DKK 6.6m.
Employees
- 1 more employees than a year earlier: 27 (07/2026) against 26 (07/2025).
Management and owners, last 24 months
- New in management: Anders Lund Forup (director, 01/03/2026) and Michael Winther Knudsen (ceo, 01/03/2026).
- Stepped down: Anders Lund Forup (ceo, 28/02/2026).
Registrations, last 24 months
- 11/05/2026: Moved to Sønder Boulevard 79, st, 1720 København V
- 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 | 16,389 | 19,862 | 19,510 | 15,263 | 16,439 | 15,133 | −7.9% |
| Operating profit (EBIT) | 10,403 | 12,766 | 10,883 | 5,242 | 4,697 | 3,968 | −15.5% |
| Profit before tax | 10,339 | 12,703 | 10,681 | 5,225 | 4,616 | 3,709 | −19.6% |
| Net profit | 8,057 | 9,904 | 8,330 | 4,075 | 3,599 | 2,885 | −19.8% |
| Total assets | 16,210 | 16,409 | 18,427 | 15,997 | 14,094 | 18,632 | +32.2% |
| Equity | 9,317 | 11,220 | 10,550 | 6,625 | 3,724 | 6,610 | +77.5% |
| Liabilities | 6,878 | 5,169 | 7,857 | 9,360 | 10,363 | 12,022 | +16% |
| Cash and cash equivalents | 12,599 | 12,826 | 13,771 | 14,261 | 10,777 | 14,027 | +30.2% |
| Average number of employees | – | – | 20 | – | 15 | 14 | −6.7% |
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 | 30/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 30/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 10/06/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 29/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 27/04/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 20/04/2021 | 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.
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 20–49 employees9,922 companies in the comparison | No. 4,139of 9,892 Better than 58% | No. 4,049of 9,922 Better than 59% |
| Same industry and 20–49 employees12 companies in the comparison | No. 4of 12 Better than 73% | No. 11of 12 Better than 9% |
| Companies that are between 5 and 14 years old33,679 companies in the comparison | No. 2,807of 33,579 Better than 92% | No. 5,018of 33,678 Better than 85% |
| All companies of type ApS66,508 companies in the comparison | No. 3,595of 66,379 Better than 95% | No. 9,243of 66,505 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 jewellery- HandcraftedCph ApSDKK 15.1m
- Vibholm Guld og Sølv ApSDKK 125.2m
- Pilgrim A/SDKK 113.9m
- HandcraftedCph ApSDKK 2.9m
- Vibholm Guld og Sølv ApSDKK 24.8m
- Pilgrim A/SDKK 6.9m
- HandcraftedCph ApSDKK 6.6m
- Vibholm Guld og Sølv ApSDKK 77.3m
- Pilgrim A/SDKK 83m
- HandcraftedCph ApS27
- 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 Register- Forup Holding ApS100%
Management
2 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Anders Lund Forup | Director | 01/03/2026 |
| Michael Winther Knudsen | CEO | 01/03/2026 |
- Founders
- Anders Lund Forup
Former management (1)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Anders Lund Forup | CEO | 26/06/2017 | 28/02/2026 |
Signing rule: Selskabet tegnes af én direktør
Address and production units
3 active production unitsSønder Boulevard 79
1720 København V
København Municipality · Postcode 1720
Other companies at the address (1)
- Lokal ApSRetail sale of second-hand goods
| Production unit | Address | Employees | P number |
|---|---|---|---|
| HandcraftedCph ApS | Sønder Boulevard 79, st, 1720 København V | 8 | 1022579998 |
| HandcraftedCph butik | Sønder Boulevard 77, 1720 København V | 7 | 1026449398 |
| Handcraftedcph ApS | Haderslevgade 7, st. th, 1671 København V | 4 | 1028130178 |
Purpose
Selskabets formål er at drive virksomhed med design, produktion og salg af smykker samt køb og salg af møbler.
The purpose is quoted from the register in Danish.
Changes year by year
17 registered events20265 changesaccounts 1 · address 1 · management 3
- AccountsAnnual report for 2025 published
- AddressMoved to Sønder Boulevard 79, st, 1720 København V
- ManagementAnders Lund Forup appointed director
- ManagementMichael Winther Knudsen appointed ceo
- ManagementAnders Lund Forup stepped down as ceo
20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Retail sale of watches and jewellery (477700)
20241 changeaccounts 1
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20181 changeaddress 1
- AddressMoved to Sønder Boulevard 79, st, 1720 København V
20175 changesfounded 1 · management 1 · ownership 3
- FoundedRegistered as HandcraftedCph ApS
- ManagementAnders Lund Forup appointed ceo
- OwnershipAnders Lund Forup registered as owner (100%)
- OwnershipAnders Lund Forup is no longer registered as owner
- OwnershipForup Holding ApS registered as owner (100%)
Related companies
Same industry in København
- Bucherer Denmark ApS116 employees
- Maanesten A/S107 employees
- Plaza Ure & Smykker A/S93 employees
- Pico ApS50 employees
- Sisi Copenhagen ApS44 employees
- ENAMEL Copenhagen ApS31 employees
Same people in management
- Lokal ApSvia Anders Lund Forup
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.