Hvisk ApS
Private limited companyCVR 34718407FrederiksbergActive
Hvisk ApS is a private limited company, based in Frederiksberg, active in wholesale of luggage and leather goods, founded in 2012. The company went from a profit in 2024 to a loss of DKK 256k in 2025. Equity fell to DKK 211k in 2025.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 88% (2024 → 2025), to DKK 2.2m.
- Net profit went from a profit of DKK 16.8m to a loss of DKK 256k (2024 → 2025).
- Equity fell 55% (2024 → 2025), to DKK 211k.
Employees
- 1 fewer employees than a year earlier: 4 (08/2026) against 5 (08/2025).
Management and owners, last 24 months
- New owners registered: Bay of Brands ApS (19/11/2025).
- No longer registered as owner: Aoun Invest ApS (19/11/2025) and Kirk Invest ApS (19/11/2025).
Registrations, last 24 months
- 23/02/2026: Moved to Godthåbsvej 6A, 2, 2000 Frederiksberg
- 10/09/2025: Moved to Johnstrups Alle 1, st. tv, 1923 Frederiksberg C
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 | 7,049 | 9,429 | −257 | 2,264 | 17,753 | 2,197 | −87.6% |
| Operating profit (EBIT) | 945 | 1,444 | −8,048 | −2,351 | 15,175 | −849 | −105.6% |
| Profit before tax | 807 | −1,754 | −9,586 | −5,384 | 13,540 | −181 | −101.3% |
| Net profit | 2,320 | −1,373 | −9,586 | −11,239 | 16,794 | −256 | −101.5% |
| Total assets | 13,493 | 14,299 | 13,941 | 1,958 | 5,159 | 6,764 | +31.1% |
| Equity | −4,177 | −5,550 | −15,136 | −24,876 | 467 | 211 | −54.9% |
| Liabilities | 17,670 | 19,849 | 29,077 | 26,834 | 4,692 | 6,554 | +39.7% |
| Cash and cash equivalents | – | 392 | 6 | 0 | 4 | 43 | +899.5% |
| Average number of employees | 15 | 14 | 13 | 11 | 8 | 6 | −25% |
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 figuresEquity fell sharply
Equity fell 55% from 2024 to 2025 (DKK 467k to DKK 211k).
How is this calculated?
Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.
Low equity ratio
Equity makes up 3% of total assets in 2025.
How is this calculated?
Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.
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 | 19/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/01/2024 – 31/12/2024 | 27/06/2025 | The company | PDFXBRL |
| 2023 | 01/01/2023 – 31/12/2023 | 15/07/2024 | The company | PDFXBRL |
| 2022 | 01/01/2022 – 31/12/2022 | 30/06/2023 | The company | PDFXBRL |
| 2021 | 01/01/2021 – 31/12/2021 | 25/04/2022 | The company | PDFXBRL |
| 2020 | 01/01/2020 – 31/12/2020 | 26/01/2021 | 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
73 companies in the databaseComparison with the other companies in wholesale of luggage and leather goods based on the latest financial year.
Industry median: gross profit DKK 3m, net profit DKK 374k, equity DKK 4m, 4 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. 28,967of 69,742 Better than 58% | No. 50,180of 69,964 Better than 28% |
| Same industry and fewer than 20 employees58 companies in the comparison | No. 28of 58 Better than 53% | No. 49of 58 Better than 16% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 16,007of 33,588 Better than 52% | No. 23,918of 33,687 Better than 29% |
| All companies of type ApS66,508 companies in the comparison | No. 28,187of 66,379 Better than 58% | No. 46,239of 66,505 Better than 30% |
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 luggage and leather goods- Hvisk ApSDKK 2.2m
- Søstrene Grenes Import A/SDKK 445.8m
- Ferm Living ApSDKK 139m
- Hvisk ApS−DKK 256k
- Søstrene Grenes Import A/SDKK 8.7m
- Ferm Living ApSDKK 53.3m
- Hvisk ApSDKK 211k
- Søstrene Grenes Import A/SDKK 381.1m
- Ferm Living ApSDKK 180m
- Hvisk ApS4
- Søstrene Grenes Import A/S593
- Ferm Living ApS98
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Bay of Brands ApS100%
Management
2 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Michael Aoun | Director | 01/10/2017 |
| Morten Kirk | Director | 11/04/2023 |
- Founders
- Kirk Invest ApS
Former management (9)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Mads Frederik Bruun Røstbjærg | Board member | 05/10/2012 | 01/10/2017 |
| Mads Frederik Bruun Røstbjærg | Director | 05/10/2012 | 01/10/2017 |
| Morten Kirk | Board member | 05/10/2012 | 06/04/2016 |
| Kasper Bertelsen Vardrup | Board member | 07/04/2016 | 29/11/2017 |
| Morten Kirk | Chair of the board | 07/04/2016 | 11/04/2023 |
| Lars Hemming Jørgensen | Board member | 07/04/2016 | 11/04/2023 |
| Michael Aoun | Board member | 07/07/2016 | 11/04/2023 |
| Morten Kirk | CEO | 14/06/2017 | 30/09/2017 |
| Morten Kirk | Director | 01/10/2017 | 31/12/2017 |
Signing rule: Selskabet tegnes af to medlemmer af direktionen i forening.
Address and production units
1 active production unitsGodthåbsvej 6A
2000 Frederiksberg
| Production unit | Address | Employees | P number |
|---|---|---|---|
| HVISK ApS | Godthåbsvej 6A, 2, 2000 Frederiksberg | 4 | 1017984507 |
Purpose
Selskabets formål er produktion, distribution og handel med smykker, samt hermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
101 registered events20262 changesaccounts 1 · address 1
- AccountsAnnual report for 2025 published
- AddressMoved to Godthåbsvej 6A, 2, 2000 Frederiksberg
20255 changesownership 3 · address 1 · accounts 1
- OwnershipBay of Brands ApS registered as owner (100%)
- OwnershipAOUN INVEST ApS is no longer registered as owner
- OwnershipKIRK INVEST ApS is no longer registered as owner
- AddressMoved to Johnstrups Alle 1, st. tv, 1923 Frederiksberg C
- AccountsAnnual report for 2024 published
20249 changesaccounts 1 · capital 1 · ownership 6 · address 1
- AccountsAnnual report for 2023 published
- CapitalShare capital changed from 886,103 DKK to 40,000 DKK
- OwnershipAOUN INVEST ApS registered as owner (50%)
- OwnershipKIRK INVEST ApS registered as owner (50%)
- OwnershipBay of Brands ApS is no longer registered as owner
- OwnershipBay of Brands ApS registered as owner (100%)
- OwnershipAOUN INVEST ApS is no longer registered as owner
- OwnershipKIRK INVEST ApS is no longer registered as owner
- AddressMoved to Ny Adelgade 5, 3. tv, 1104 København K
202310 changesaccounts 1 · capital 1 · management 4 · ownership 4
- AccountsAnnual report for 2022 published
- CapitalShare capital changed from 282,991 DKK to 886,103 DKK
- ManagementMorten Kirk appointed director
- ManagementMichael Aoun stepped down as board member
- ManagementLars Hemming Jørgensen stepped down as board member
- ManagementMorten Kirk stepped down as chair of the board
- OwnershipAOUN INVEST ApS registered as owner (33.33%)
- OwnershipNordic Makers Invest 12 B ApS is no longer registered as owner
- OwnershipMFR HOLDING ApS is no longer registered as owner
- OwnershipAOUN INVEST ApS is no longer registered as owner
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20212 changesaddress 1 · accounts 1
- AddressMoved to Østergade 1, 2, 1100 København K
- AccountsAnnual report for 2020 published
20201 changeindustry 1
- IndustryIndustry changed to Wholesale of luggage and leather goods (464930)
201814 changescapital 3 · ownership 11
- CapitalShare capital changed from 232,979 DKK to 282,991 DKK
- OwnershipKIRK INVEST ApS registered as owner (33.33%)
- OwnershipAOUN INVEST ApS registered as owner (25%)
- OwnershipMIST HOLDING ApS is no longer registered as owner
- OwnershipTHE FASHION ApS is no longer registered as owner
- OwnershipNordic Makers Invest 12 ApS is no longer registered as owner
- OwnershipAOUN INVEST ApS is no longer registered as owner
- OwnershipKIRK INVEST ApS is no longer registered as owner
- CapitalShare capital changed from 164,375 DKK to 232,979 DKK
- CapitalShare capital changed from 2,621,090 DKK to 164,375 DKK
- OwnershipMIST HOLDING ApS registered as owner (5%)
- OwnershipNordic Makers Invest 12 B ApS registered as owner (5%)
- OwnershipAOUN INVEST ApS registered as owner (20%)
- OwnershipAOUN INVEST ApS is no longer registered as owner
201721 changesmanagement 8 · capital 2 · ownership 11
- ManagementMorten Kirk stepped down as director
- ManagementKasper Bertelsen Vardrup stepped down as board member
- ManagementMorten Kirk appointed director
- ManagementMichael Aoun appointed director
- ManagementMads Frederik Bruun Røstbjærg stepped down as board member
- ManagementMads Frederik Bruun Røstbjærg stepped down as director
- ManagementMorten Kirk stepped down as ceo
- CapitalShare capital changed from 2,453,159 DKK to 2,621,090 DKK
- CapitalShare capital changed from 410,751 DKK to 2,453,159 DKK
- ManagementMorten Kirk appointed ceo
- OwnershipMIST HOLDING ApS registered as owner (5%)
- OwnershipMIST HOLDING ApS is no longer registered as owner
- OwnershipMFR HOLDING ApS registered as owner (5%)
- OwnershipAOUN INVEST ApS registered as owner (15%)
- OwnershipKIRK INVEST ApS registered as owner (25%)
- OwnershipTHE FASHION ApS registered as owner (5%)
- OwnershipNordic Makers Invest 12 ApS registered as owner (5%)
- OwnershipAOUN INVEST ApS is no longer registered as owner
- OwnershipKIRK INVEST ApS is no longer registered as owner
- OwnershipTHE FASHION ApS is no longer registered as owner
- OwnershipMFR HOLDING ApS is no longer registered as owner
201619 changescapital 6 · address 1 · ownership 7 · management 5
- CapitalShare capital changed from 405,120 DKK to 410,751 DKK
- AddressMoved to Hovedvagtsgade 8, 2. th, 1103 København K
- CapitalShare capital changed from 393,859 DKK to 405,120 DKK
- OwnershipAOUN INVEST ApS registered as owner (5%)
- CapitalShare capital changed from 382,598 DKK to 393,859 DKK
- CapitalShare capital changed from 360,076 DKK to 382,598 DKK
- ManagementMichael Aoun appointed board member
- OwnershipKIRK INVEST ApS registered as owner (33.33%)
- CapitalShare capital changed from 331,922 DKK to 360,076 DKK
- ManagementLars Hemming Jørgensen appointed board member
- ManagementKasper Bertelsen Vardrup appointed board member
- ManagementMorten Kirk appointed chair of the board
- OwnershipTHE FASHION ApS registered as owner (5%)
- OwnershipKIRK INVEST ApS is no longer registered as owner
- ManagementMorten Kirk stepped down as board member
- OwnershipMIST HOLDING ApS is no longer registered as owner
- CapitalShare capital changed from 312,217 DKK to 331,922 DKK
- OwnershipKIRK INVEST ApS registered as owner (50%)
- OwnershipKIRK INVEST ApS is no longer registered as owner
20157 changescapital 2 · ownership 5
- CapitalShare capital changed from 296,606 DKK to 312,217 DKK
- OwnershipMIST HOLDING ApS registered as owner (5%)
- CapitalShare capital changed from 123,000 DKK to 296,606 DKK
- OwnershipMFR HOLDING ApS registered as owner (33.33%)
- OwnershipKIRK INVEST ApS registered as owner (50%)
- OwnershipKIRK INVEST ApS is no longer registered as owner
- OwnershipMFR HOLDING ApS is no longer registered as owner
20146 changesname 2 · capital 1 · ownership 2 · address 1
- NameName changed from STELLA NORD ApS to HVISK ApS
- CapitalShare capital changed from 80,000 DKK to 123,000 DKK
- OwnershipKIRK INVEST ApS registered as owner (66.67%)
- OwnershipMFR HOLDING ApS registered as owner (10%)
- AddressMoved to Ny Østergade 9, 4, 1101 København K
- NameName changed from MOMA GROUP ApS to STELLA NORD ApS
20124 changesfounded 1 · management 3
- FoundedRegistered as MOMA GROUP ApS
- ManagementMads Frederik Bruun Røstbjærg appointed board member
- ManagementMorten Kirk appointed board member
- ManagementMads Frederik Bruun Røstbjærg appointed director
Related companies
Same people in management
- ECCO Sko A/Svia Lars Hemming Jørgensen
- Neye A/Svia Lars Hemming Jørgensen
- Sinful ApSvia Lars Hemming Jørgensen
- Prevas A/Svia Michael Aoun
- Radius CPH A/Svia Lars Hemming Jørgensen
- Dyrehøj Vingaard ApSvia Lars Hemming Jørgensen
Largest in the industry
- Søstrene Grenes Import A/SDKK 445.8m
- Ferm Living ApSDKK 139m
- Gavefabrikken A/SDKK 109.6m
- Ib Laursen ApSDKK 88.7m
- Society of Lifestyle A/SDKK 75.6m
- Bloomingville A/SDKK 50.7m
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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.