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HF Christiansen A/S

Public limited companyCVR 13394741Randers NVActive

HF Christiansen A/S is a public limited company, based in Randers NV, active in wholesale of bicycles, sports goods and pleasure boats, founded in 1989. The company made a loss in both 2024 and 2025, most recently DKK 14.1m. With 50 employees, the company is about 10 times larger than the industry median. Equity fell to DKK 29.4m in 2025.

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Key figures · financial year 2025

Gross profitDKK 14.1m+20.8% vs. 2024
Net profit−DKK 14.1m+39.6% vs. 2024
EquityDKK 29.4m−32.8% vs. 2024
Employees50latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 21% (2024 → 2025), to DKK 14.1m.
  • The loss got smaller: from DKK 23.3m to DKK 14.1m (2024 → 2025).
  • Equity fell 33% (2024 → 2025), to DKK 29.4m.

Employees

  • 3 fewer employees than a year earlier: 50 (08/2026) against 53 (08/2025).

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 thousand

Equity and net profit

−DKK 40m−DKK 20mDKK 0DKK 20mDKK 40mDKK 60mDKK 80m202020212022202320242025
EquityNet profit
Financial figures for HF Christiansen A/S
202020212022202320242025Change
Revenuenot statednot stated344,425not statednot statednot stated–
Gross profit28,29846,62625,92124,73811,69314,129+20.8%
Operating profit (EBIT)10,97726,2724,7394,050−7,943−4,990+37.2%
Profit before tax9,85225,059269−13,762−23,317−14,585+37.5%
Net profit7,67219,531141−11,153−23,317−14,085+39.6%
Total assets114,129199,268331,595362,663269,254221,497−17.7%
Equity57,55279,80275,11866,87143,74029,373−32.8%
Liabilities56,577119,466256,477295,792225,514192,123−14.8%
Cash and cash equivalents0–3,1411560117+94.3%
Average number of employees373741364439−11.4%

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, 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

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50m202020212022202320242025
Gross profitMedian, the industry (140 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 3 years in a row

    Net result has been negative in 2023–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Equity fell sharply

    Equity fell 33% from 2024 to 2025 (DKK 43.7m to DKK 29.4m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

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 HF Christiansen A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202529/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202424/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202303/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202229/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202118/03/2022The companyPDFXBRL
202001/01/2020 – 31/12/202003/05/2021The 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
010203040506009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

140 companies in the database

Comparison with the other companies in wholesale of bicycles, sports goods and pleasure boats based on the latest financial year.

Gross profitDKK 14.1mNo. 27 of 140
Better than 81% of the companies in the industry
EquityDKK 29.4mNo. 13 of 140
Better than 91% of the companies in the industry
Number of employees50No. 14 of 140
Better than 91% of the companies in the industry

Industry median: gross profit DKK 3.8m, net profit DKK 329k, equity DKK 3.3m, 5 employees.

DKK 100kDKK 567kDKK 3.2mDKK 18.3mDKK 58.1mHere
Distribution of gross profit for 137 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 50–199 employees4,467 companies in the comparison
No. 3,551of 4,412
Better than 20%
No. 1,759of 4,466
Better than 61%
Companies that are at least 30 years old10,276 companies in the comparison
No. 3,478of 10,152
Better than 66%
No. 2,790of 10,275
Better than 73%
All companies of type A/S18,025 companies in the comparison
No. 7,455of 17,786
Better than 58%
No. 4,977of 18,024
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 bicycles, sports goods and pleasure boats
Gross profit
  1. HF Christiansen A/SDKK 14.1m
  2. Oase Outdoors ApSDKK 103.6m
  3. Fairpoint Outdoors A/SDKK 98.8m
Net profit
  1. HF Christiansen A/S−DKK 14.1m
  2. Oase Outdoors ApSDKK 18.5m
  3. Fairpoint Outdoors A/SDKK 13.4m
Equity
  1. HF Christiansen A/SDKK 29.4m
  2. Oase Outdoors ApSDKK 46.7m
  3. Fairpoint Outdoors A/SDKK 47.3m
Employees
  1. HF Christiansen A/S50
  2. Oase Outdoors ApS75
  3. Fairpoint Outdoors A/S76

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
HF Christiansen A/S

Management

5 active registrations

Executive management

Executive management at HF Christiansen A/S
NameRoleAppointed
Henrik Lunn ChristiansenCEO01/07/2021
Charlotte Rye Egegaard ChristiansenDirector01/07/2021

Board of directors

Board of directors at HF Christiansen A/S
NameRoleAppointed
Jørgen ChristiansenBoard member01/08/1989
Carl Erik SkovgaardBoard member20/06/2024
Christian DaweChair of the board20/06/2024
Founders
VX 10.312 ApS, Medimex ApS, ApS Hvkmd 5 Nr. 555, ApS Kbil 9 Nr. 1008
Former management (15)
Former management at HF Christiansen A/S
NameRoleAppointedResigned
Hans ChristiansenBoard member01/08/198901/06/1994
Per EbdrupBoard member01/08/198930/05/2018
Jørgen ChristiansenDirector01/08/198901/07/2021
Ulf Svejgaard PoulsenBoard member01/08/198917/01/1990
Jens Christian LauridsenChair of the board01/08/198917/05/2016
Susanne Saul StakemannChair of the board01/08/198917/01/1990
Per Emil Hasselbalch StakemannBoard member01/08/198917/01/1990
Per Emil Hasselbalch StakemannDirector01/08/198917/01/1990
Ove Willy Egly ChristiansenChair of the board01/08/198912/07/1991
Thorkild ChristiansenBoard member01/08/198912/07/1991
Kai Elo AndersenBoard member16/03/200017/05/2016
Jens Christian LauridsenBoard member18/05/201629/05/2017
Kai Elo AndersenChair of the board18/05/201620/06/2024
Christian DaweBoard member30/05/201819/06/2024
Jens Ellegaard AndersenBoard member01/05/202020/06/2024

Signing rule: Virksomheden tegnes af den samlede direktion i fællesskab

Address and production units

2 active production units

Hvidemøllevej 9
8920 Randers NV

Randers Municipality · Postcode 8920

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
HF Christiansen A/SHvidemøllevej 9-11, 8920 Randers NV101002937620
HF Christiansen A/STronholmen 10C, 8960 Randers SØ31031371577

Purpose

Selskabets formål er at drive handels- og produktionsvirksomhed indenfor cykelbranchen og sådan anden virksomhed, som efter bestyrelsens skøn står i naturlig forbindelse dermed

The purpose is quoted from the register in Danish.

Changes year by year

49 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20246 changesaccounts 1 · management 5
  • Annual report for 2023 published
  • Christian Dawe appointed chair of the board
  • Carl Erik Skovgaard appointed board member
  • Jens Ellegaard Andersen stepped down as board member
  • Kai Elo Andersen stepped down as chair of the board
  • Christian Dawe stepped down as board member
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20214 changesmanagement 3 · accounts 1
  • Charlotte Rye Egegaard Christiansen appointed director
  • Henrik Lunn Christiansen appointed ceo
  • Jørgen Christiansen stepped down as director
  • Annual report for 2020 published
20201 changemanagement 1
  • Jens Ellegaard Andersen appointed board member
20182 changesmanagement 2
  • Christian Dawe appointed board member
  • Per Ebdrup stepped down as board member
20171 changemanagement 1
  • Jens Christian Lauridsen stepped down as board member
20164 changesmanagement 4
  • Kai Elo Andersen appointed chair of the board
  • Jens Christian Lauridsen appointed board member
  • Kai Elo Andersen stepped down as board member
  • Jens Christian Lauridsen stepped down as chair of the board
20152 changescapital 1 · name 1
  • Share capital changed from 1,000,000 DKK to 2,550,000 DKK
  • Name changed from H.F. CYKLER A/S to HF Christiansen A/S
20081 changeindustry 1
  • Industry changed to Wholesale of bicycles, sports goods and pleasure boats (464910)
20071 changeaddress 1
  • Moved to Hvidemøllevej 9-11, 8920 Randers NV
20001 changemanagement 1
  • Kai Elo Andersen appointed board member
19941 changemanagement 1
  • Hans Christiansen stepped down as board member
19931 changeownership 1
  • HF Christiansen Holding A/S registered as owner (100%)
19912 changesmanagement 2
  • Thorkild Christiansen stepped down as board member
  • Ove Willy Egly Christiansen stepped down as chair of the board
19906 changesname 1 · capital 1 · management 4
  • Name changed from A/S PSE NR. 3415 to H.F. CYKLER A/S
  • Share capital changed from 300,000 DKK to 1,000,000 DKK
  • Per Emil Hasselbalch Stakemann stepped down as director
  • Per Emil Hasselbalch Stakemann stepped down as board member
  • Susanne Saul Stakemann stepped down as chair of the board
  • Ulf Svejgaard Poulsen stepped down as board member
198912 changesfounded 1 · management 11
  • Registered as A/S PSE NR. 3415
  • Thorkild Christiansen appointed board member
  • Hans Christiansen appointed board member
  • Ove Willy Egly Christiansen appointed chair of the board
  • Per Emil Hasselbalch Stakemann appointed director
  • Per Emil Hasselbalch Stakemann appointed board member
  • Susanne Saul Stakemann appointed chair of the board
  • Jørgen Christiansen appointed board member
  • Jens Christian Lauridsen appointed chair of the board
  • Ulf Svejgaard Poulsen appointed board member
  • Jørgen Christiansen appointed director
  • Per Ebdrup appointed board member

Related companies

Same industry in Randers

See all →

Same people in management

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