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Howe A/S

Public limited companyCVR 13234833Odense MActive

Howe A/S is a public limited company, based in Odense M, active in wholesale of furniture for homes, offices and shops, carpets and lighting equipment, founded in 1989. The company made a loss in both 2024 and 2025, most recently DKK 308k. Gross profit is higher than that of 95% of the companies in the industry in the database. 8 other companies in the database are registered at the same address.

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Key figures · financial year 2025

Gross profitDKK 47.3m+37.4% vs. 2024
Net profit−DKK 308k+95.8% vs. 2024
EquityDKK 101.2m−1% vs. 2024
Employees2latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 37% (2024 → 2025), to DKK 47.3m.
  • The loss got smaller: from DKK 7.3m to DKK 308k (2024 → 2025).
  • Equity fell 1% (2024 → 2025), to DKK 101.2m.

Registrations, last 24 months

  • 01/01/2025: Industry changed to Wholesale of furniture for homes, offices and shops, carpets and lighting equipment (464700)

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 20mDKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100m202020212022202320242025
EquityNet profit
Financial figures for Howe A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit34,23635,23746,56143,19534,44847,316+37.4%
Operating profit (EBIT)−2,846−4125,909−5,046−16,234––
Profit before tax−4,9043,99510,876−723−7,006−1,119+84%
Net profit−4,3322,9747,30778−7,262−308+95.8%
Total assets109,572113,924121,861119,700115,715114,690−0.9%
Equity96,396100,136107,732107,798102,315101,242−1%
Liabilities13,17613,74413,58011,90212,98613,448+3.6%
Cash and cash equivalents18,83520,33321,26212,72616,28419,040+16.9%
Average number of employees5045–48,0004330−30.2%

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

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50m202020212022202320242025
Gross profitMedian, the industry (306 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 2 years in a row

    Net result has been negative in 2024–2025.

    How is this calculated?

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

  • Fewer employees

    The number of employees fell 30% from 43 in 2024 to 30 in 2025.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 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 Howe A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202530/04/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202429/04/2025The groupPDFXBRL
202301/01/2023 – 31/12/202319/03/2024The groupPDFXBRL
202201/01/2022 – 31/12/202206/03/2023The groupPDFXBRL
202101/01/2021 – 31/12/202120/04/2022The groupPDFXBRL
202001/01/2020 – 31/12/202026/02/2021The groupPDFXBRL

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
024681009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

306 companies in the database

Comparison with the other companies in wholesale of furniture for homes, offices and shops, carpets and lighting equipment based on the latest financial year.

Gross profitDKK 47.3mNo. 17 of 305
Better than 95% of the companies in the industry
EquityDKK 101.2mNo. 11 of 306
Better than 97% of the companies in the industry
Number of employees2No. 27 of 306
Better than 91% of the companies in the industry

Industry median: gross profit DKK 3.8m, net profit DKK 377k, equity DKK 3.6m, 5 employees.

DKK 100kDKK 855kDKK 7.3mDKK 62.6mDKK 261.9mHere
Distribution of gross profit for 289 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. 561of 69,742
Better than 99%
No. 1,782of 69,964
Better than 97%
Same industry and fewer than 20 employees250 companies in the comparison
No. 1of 250
Better than 100%
No. 2of 250
Better than 100%
Companies that are at least 30 years old10,276 companies in the comparison
No. 1,549of 10,152
Better than 85%
No. 1,234of 10,275
Better than 88%
All companies of type A/S18,025 companies in the comparison
No. 3,051of 17,786
Better than 83%
No. 2,246of 18,024
Better than 88%

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 furniture for homes, offices and shops, carpets and lighting equipment
Gross profit
  1. Howe A/SDKK 47.3m
  2. Actona Group A/SDKK 535.5m
  3. Holmris B8 A/SDKK 408.7m
Net profit
  1. Howe A/S−DKK 308k
  2. Actona Group A/S−DKK 86.1m
  3. Holmris B8 A/SDKK 21.7m
Equity
  1. Howe A/SDKK 101.2m
  2. Actona Group A/SDKK 565.4m
  3. Holmris B8 A/SDKK 250.3m
Employees
  1. Howe A/S2
  2. Actona Group A/S183
  3. Holmris B8 A/S231

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
  • Commercial Furniture Group Inc.100%
Howe A/S

Management

4 active registrations

Executive management

Executive management at Howe A/S
NameRoleAppointed
Seamus Oliver BatesonCEO20/12/2023

Board of directors

Board of directors at Howe A/S
NameRoleAppointed
Søren BisgaardBoard member07/10/2019
Seamus Oliver BatesonBoard member20/12/2023
Brad James MaederChair of the board20/12/2023
Founders
VX 10.312 ApS, Medimex ApS, ApS Hvkmd 5 Nr. 555, Pehsb ApS
Former management (22)
Former management at Howe A/S
NameRoleAppointedResigned
Jan-Erik Gunnar SvenssonBoard member01/07/198921/05/1997
Ulf Svejgaard PoulsenBoard member01/07/198902/01/1990
Susanne Saul StakemannChair of the board01/07/198902/01/1990
Poul Erik PedersenBoard member01/07/198927/01/1995
Poul Erik PedersenDirector01/07/198909/06/1994
Per Emil Hasselbalch StakemannBoard member01/07/198902/01/1990
Per Emil Hasselbalch StakemannDirector01/07/198902/01/1990
Michael JacobsenBoard member01/07/198920/12/2023
Annette ReimannDirector01/07/198904/05/2000
Gerald R Taylor, JrBoard member01/07/198914/02/1990
Harold Howe JrBoard member01/07/198927/01/1995
Eric Mills SmithChair of the board01/07/198915/06/1998
Jim Allan LarsenBoard member21/05/199716/12/2005
Darryl Conrad RosserBoard member31/03/199831/05/2001
Michael JacobsenCEO04/05/200020/12/2023
Mogens MadsenProduction director04/05/200008/12/2006
David Lee MorleyBoard member31/05/200101/09/2004
Franklin Allen JacobsChair of the board01/09/200416/12/2005
Niels Gorm LarsenBoard member16/12/200503/07/2006
John SumnerChair of the board16/12/200523/05/2006
Seamus Oliver BatesonChair of the board23/05/200619/12/2023
Ole MaareBoard member03/07/200607/10/2019

Signing rule: Selskabet tegnes enten af formanden for bestyrelsen alene eller af den administrerende direktør alene eller af en direktør og et bestyrelsesmedlem i forening.

Address and production units

1 active production units

Helgavej 26
5230 Odense M

Odense Municipality · Postcode 5230

Other companies at the address (8)

Production units
Production unitAddressEmployeesP number
HOWE A/SHelgavej 26, 5230 Odense M21000525858

Purpose

Selskabets formål er fremstilling og salg af møbler og anden hermed beslægtet virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

69 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Wholesale of furniture for homes, offices and shops, carpets and lighting equipment (464700)
20241 changeaccounts 1
  • Annual report for 2023 published
20238 changesmanagement 6 · address 1 · accounts 1
  • Brad James Maeder appointed chair of the board
  • Seamus Oliver Bateson appointed ceo
  • Seamus Oliver Bateson appointed board member
  • Michael Jacobsen stepped down as ceo
  • Michael Jacobsen stepped down as board member
  • Seamus Oliver Bateson stepped down as chair of the board
  • Moved to Helgavej 26, 5230 Odense M
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20192 changesmanagement 2
  • Søren Bisgaard appointed board member
  • Ole Maare stepped down as board member
20171 changeindustry 1
  • Industry changed to Engroshandel med kontormøbler (466500)
20161 changeaddress 1
  • Moved to Filosofgangen 18, 5000 Odense C
20081 changeindustry 1
  • Industry changed to Fremstilling af kontor- og butiksmøbler (310100)
20071 changeaddress 1
  • Moved to Mandal Alle 23, 5500 Middelfart
20065 changesmanagement 5
  • Mogens Madsen stepped down as production director
  • Ole Maare appointed board member
  • Niels Gorm Larsen stepped down as board member
  • Seamus Oliver Bateson appointed chair of the board
  • John Sumner stepped down as chair of the board
20055 changesmanagement 4 · ownership 1
  • John Sumner appointed chair of the board
  • Niels Gorm Larsen appointed board member
  • Franklin Allen Jacobs stepped down as chair of the board
  • Jim Allan Larsen stepped down as board member
  • COMMERCIAL FURNITURE GROUP INC. registered as owner (100%)
20042 changesmanagement 2
  • Franklin Allen Jacobs appointed chair of the board
  • David Lee Morley stepped down as board member
20021 changename 1
  • Name changed from HOWE EUROPE A/S to HOWE A/S
20012 changesmanagement 2
  • David Lee Morley appointed board member
  • Darryl Conrad Rosser stepped down as board member
20004 changesaddress 1 · management 3
  • Moved to Mandal Alle 23, 5500 Middelfart
  • Mogens Madsen appointed production director
  • Michael Jacobsen appointed ceo
  • Annette Reimann stepped down as director
19982 changesmanagement 2
  • Eric Mills Smith stepped down as chair of the board
  • Darryl Conrad Rosser appointed board member
19972 changesmanagement 2
  • Jim Allan Larsen appointed board member
  • Jan-Erik Gunnar Svensson stepped down as board member
19953 changescapital 1 · management 2
  • Share capital changed from 3,000,000 DKK to 4,400,000 DKK
  • Harold Howe Jr stepped down as board member
  • Poul Erik Pedersen stepped down as board member
19941 changemanagement 1
  • Poul Erik Pedersen stepped down as director
19921 changecapital 1
  • Share capital changed from 1,000,000 DKK to 3,000,000 DKK
19908 changesname 2 · capital 1 · management 5
  • Name changed from HOWE/SEID INTERNATIONAL A/S to HOWE EUROPE A/S
  • Share capital changed from 300,000 DKK to 1,000,000 DKK
  • Gerald R Taylor, Jr stepped down as board member
  • Name changed from A/S PSE NR. 3288 to HOWE/SEID INTERNATIONAL A/S
  • 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
198913 changesfounded 1 · management 12
  • Registered as A/S PSE NR. 3288
  • Eric Mills Smith appointed chair of the board
  • Harold Howe Jr appointed board member
  • Gerald R Taylor, Jr appointed board member
  • Annette Reimann appointed director
  • Michael Jacobsen appointed board member
  • Per Emil Hasselbalch Stakemann appointed director
  • Per Emil Hasselbalch Stakemann appointed board member
  • Poul Erik Pedersen appointed director
  • Poul Erik Pedersen appointed board member
  • Susanne Saul Stakemann appointed chair of the board
  • Jan-Erik Gunnar Svensson appointed board member
  • Ulf Svejgaard Poulsen appointed board member

Related companies

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