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Illum A/S

Public limited companyCVR 27355943København KActive

Illum A/S is a public limited company, based in København K, active in other non-specialised retail sale, founded in 2003. Equity was negative at the end of 2025 (−DKK 34.3m). The company made a loss in both 2024 and 2025, most recently DKK 46.8m. 4 other companies in the database are registered at the same address.

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Key figures · financial year 2025

RevenueDKK 466.9m
Net profit−DKK 46.8m−3% vs. 2024
Equity−DKK 34.3m−372.5% vs. 2024
Employees327latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • The loss grew: from DKK 45.5m to DKK 46.8m (2024 → 2025).
  • Equity turned negative: −DKK 34.3m (2024 → 2025).

Employees

  • 4 more employees than a year earlier: 327 (07/2026) against 323 (07/2025).

Management and owners, last 24 months

  • New in management: Renown Dej-Udom (chair of the board, 16/09/2026).
  • Stepped down: Sean Christopher Hill (chair of the board, 16/09/2026).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Other non-specialised retail sale (471200)

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 250m−DKK 200m−DKK 150m−DKK 100m−DKK 50mDKK 0DKK 50mDKK 100mDKK 150m202020212022202320242025
EquityNet profit
Financial figures for Illum A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot stated466,930–
Gross profit−36,702−13,90288214,59558,35458,841+0.8%
Operating profit (EBIT)−140,423−114,265−101,206−93,753−61,334−59,846+2.4%
Profit before tax−146,339−121,890−108,371−93,262−60,585−59,453+1.9%
Net profit−120,838−99,973−88,339−74,371−45,478−46,830−3%
Total assets450,594450,344406,917415,427475,255506,292+6.5%
Equity−118,006−217,979132,42258,05112,573−34,257−372.5%
Liabilities568,600668,323274,495–462,682540,549+16.8%
Cash and cash equivalents32,09661,41325,29423,65150,713113,009+122.8%
Average number of employees190167177188,000208,000206,000−1%

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: 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 50mDKK 0DKK 50mDKK 100mDKK 150mDKK 200mDKK 250m202020212022202320242025
Gross profitMedian, the industry (6 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Negative equity

    Equity was −DKK 34.3m at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

  • Loss for 6 years in a row

    Net result has been negative in 2020–2025.

    How is this calculated?

    Net result is negative in the two or more 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 Illum A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202502/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202416/04/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202307/06/2024The companyPDF not statedXBRL
202201/01/2022 – 31/12/202231/03/2023The companyPDFXBRL
202101/01/2021 – 31/12/202113/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202031/03/2021The 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
05010015020025030035008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

6 companies in the database

Comparison with the other companies in other non-specialised retail sale based on the latest financial year.

Gross profitDKK 58.8mNo. 4 of 6
Better than 40% of the companies in the industry
Equity−DKK 34.3mNo. 6 of 6
Better than 0% of the companies in the industry
Number of employees327No. 1 of 6
Better than 100% of the companies in the industry

Industry median: gross profit DKK 133.5m, net profit DKK 21.8m, equity DKK 138.4m, 675 employees.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with 200–499 employees796 companies in the comparison
No. 627of 763
Better than 18%
No. 787of 796
Better than 1%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 1,211of 24,791
Better than 95%
No. 24,855of 24,909
Better than 0%
All companies of type A/S18,025 companies in the comparison
No. 2,503of 17,786
Better than 86%
No. 17,932of 18,024
Better than 1%

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

Other non-specialised retail sale
Gross profit
  1. Illum A/SDKK 58.8m
  2. Salling Group A/SDKK 24.6bn
  3. Aktieselskabet Th. Wessel & Vett. Magasin Du NordDKK 719.7m
Net profit
  1. Illum A/S−DKK 46.8m
  2. Salling Group A/SDKK 2bn
  3. Aktieselskabet Th. Wessel & Vett. Magasin Du NordDKK 70.3m
Equity
  1. Illum A/S−DKK 34.3m
  2. Salling Group A/SDKK 15.8bn
  3. Aktieselskabet Th. Wessel & Vett. Magasin Du NordDKK 790m
Employees
  1. Illum A/S327
  2. Salling Group A/S44,676
  3. Aktieselskabet Th. Wessel & Vett. Magasin Du Nord1,900

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
  • CRC Luxembourg S.á.r.l.90%
Illum A/S

Management

4 active registrations

Executive management

Executive management at Illum A/S
NameRoleAppointed
Jeanette AaenCEO13/04/2016

Board of directors

Board of directors at Illum A/S
NameRoleAppointed
Vittorio RadiceDeputy chair10/12/2013
Jeanette AaenBoard member03/05/2023
Renown Dej-UdomChair of the board16/09/2026
Auditor
KPMG P/S
Founders
Carsten Kultoft Lorentsen
Former management (31)
Former management at Illum A/S
NameRoleAppointedResigned
Asger Heine JensenBoard member24/09/200307/10/2003
Peter Vinther BjerregaardChair of the board24/09/200307/10/2003
Carsten Kultoft LorentsenBoard member24/09/200307/10/2003
Carsten Kultoft LorentsenDirector24/09/200307/10/2003
Tage BenjaminsenBoard member07/10/200323/06/2004
Russell Paul JewellBoard member07/10/200303/08/2005
Russell Paul JewellDirector07/10/200303/08/2005
David Scott FloydChair of the board07/10/200313/05/2005
Lars Liebst PoulsenBoard member23/06/200422/02/2010
Steven Mark GlassmanChair of the board13/05/200503/08/2005
Claus AbildstrømBoard member03/08/200511/04/2007
Skarphedinn Berg SteinarssonBoard member03/08/200531/05/2006
Skarphedinn Berg SteinarssonDirector03/08/200530/06/2006
Jon Asgeir JohannessonChair of the board03/08/200528/10/2008
Gudmundur ThordarsonBoard member03/08/200501/02/2006
Jonny Thorsted JonassonBoard member31/05/200620/03/2007
Birgir Thor BieltvedtDirector30/06/200614/08/2006
Birgir Thor BieltvedtDeputy chair14/08/200622/02/2010
Claus Peter Adam ZällCEO14/08/200622/02/2010
Donald McCarthyBoard member11/04/200713/10/2008
Gunnar Snævar SigurdssonChair of the board28/10/200804/02/2009
Oscar Claudius CrohnChair of the board04/02/200907/03/2013
Johan Ewald LorentzenBoard member22/02/201007/03/2013
Søren Rye VadmandCEO22/02/201018/02/2015
Vincent Marie Georges Fernand de CanniéreDeputy chair22/02/201007/03/2013
Alberto BaldanBoard member10/12/201308/03/2015
Sean Christopher HillChair of the board10/12/201316/09/2026
Adriano BaffiDirector18/02/201509/03/2015
Alberto BaldanBoard member09/03/201512/04/2017
Alberto BaldanCEO09/03/201513/04/2016
Stefano Della ValleBoard member12/04/201727/03/2023

Signing rule: Selskabet tegnes af to bestyrelsesmedlemmer i forening, eller af et medlem af bestyrelsen i forening med en direktør.

Address and production units

1 active production units

Østergade 52
1100 København K

København Municipality · Postcode 1100

Other companies at the address (4)

Open in OpenStreetMap
Production units
Production unitAddressEmployeesP number
ILLUM A/SØstergade 52, 1100 København K3281010112032

Purpose

Selskabets formål er administration, service og detailhandel samt anden virksomhed, der står i forbindelse hermed.

The purpose is quoted from the register in Danish.

Changes year by year

95 registered events
20263 changesmanagement 2 · accounts 1
  • Renown Dej-Udom appointed chair of the board
  • Sean Christopher Hill stepped down as chair of the board
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Other non-specialised retail sale (471200)
20241 changeaccounts 1
  • Annual report for 2023 published
20233 changesmanagement 2 · accounts 1
  • Jeanette Aaen appointed board member
  • Annual report for 2022 published
  • Stefano Della Valle stepped down as board member
20222 changescapital 1 · accounts 1
  • Share capital changed from 484,155,992 DKK to 922,896,211 DKK
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20184 changescapital 1 · ownership 3
  • Share capital changed from 297,905,992 DKK to 484,155,992 DKK
  • CRC Luxembourg S.á.r.l. registered as owner (90%)
  • La Rinascente S.p.A. is no longer registered as owner
  • Vittorio Radice is no longer registered as owner
20173 changescapital 1 · management 2
  • Share capital changed from 60,584,552 DKK to 297,905,992 DKK
  • Stefano Della Valle appointed board member
  • Alberto Baldan stepped down as board member
20163 changesindustry 1 · management 2
  • Industry changed to Anden detailhandel fra ikke-specialiserede forretninger (471900)
  • Jeanette Aaen appointed ceo
  • Alberto Baldan stepped down as ceo
201510 changesownership 4 · management 6
  • La Rinascente S.p.A. registered as owner (90%)
  • Vittorio Radice registered as owner (5%)
  • La Rinascente S.p.A. is no longer registered as owner
  • Alberto Baldan appointed board member
  • Alberto Baldan appointed ceo
  • Adriano Baffi stepped down as director
  • Alberto Baldan stepped down as board member
  • Adriano Baffi appointed director
  • Søren Rye Vadmand stepped down as ceo
  • La Rinascente S.p.A. registered as owner (100%)
20137 changesmanagement 6 · merger 1
  • Sean Christopher Hill appointed chair of the board
  • Vittorio Radice appointed deputy chair
  • Alberto Baldan appointed board member
  • Merger registered in CVR
  • Johan Ewald Lorentzen stepped down as board member
  • Vincent Marie Georges Fernand de Canniére stepped down as deputy chair
  • Oscar Claudius Crohn stepped down as chair of the board
20106 changesmanagement 6
  • Johan Ewald Lorentzen appointed board member
  • Vincent Marie Georges Fernand de Canniére appointed deputy chair
  • Søren Rye Vadmand appointed ceo
  • Birgir Thor Bieltvedt stepped down as deputy chair
  • Claus Peter Adam Zäll stepped down as ceo
  • Lars Liebst Poulsen stepped down as board member
20093 changescapital 1 · management 2
  • Share capital changed from 50,500,000 DKK to 60,584,552 DKK
  • Oscar Claudius Crohn appointed chair of the board
  • Gunnar Snævar Sigurdsson stepped down as chair of the board
20085 changesmanagement 3 · industry 2
  • Gunnar Snævar Sigurdsson appointed chair of the board
  • Jon Asgeir Johannesson stepped down as chair of the board
  • Donald McCarthy stepped down as board member
  • Industry changed to Leasing of intellectual property and similar products, except copyrighted works (774000)
  • Industry changed to Renting of commercial property (682040)
20075 changesname 1 · merger 1 · management 3
  • Name changed from HOLDINGSELSKABET ILLUM ApS to ILLUM A/S
  • Merger registered in CVR
  • Donald McCarthy appointed board member
  • Claus Abildstrøm stepped down as board member
  • Jonny Thorsted Jonasson stepped down as board member
20068 changesmanagement 8
  • Birgir Thor Bieltvedt appointed deputy chair
  • Claus Peter Adam Zäll appointed ceo
  • Birgir Thor Bieltvedt stepped down as director
  • Birgir Thor Bieltvedt appointed director
  • Skarphedinn Berg Steinarsson stepped down as director
  • Jonny Thorsted Jonasson appointed board member
  • Skarphedinn Berg Steinarsson stepped down as board member
  • Gudmundur Thordarson stepped down as board member
200510 changesmanagement 10
  • Jon Asgeir Johannesson appointed chair of the board
  • Skarphedinn Berg Steinarsson appointed director
  • Skarphedinn Berg Steinarsson appointed board member
  • Gudmundur Thordarson appointed board member
  • Claus Abildstrøm appointed board member
  • Steven Mark Glassman stepped down as chair of the board
  • Russell Paul Jewell stepped down as board member
  • Russell Paul Jewell stepped down as director
  • Steven Mark Glassman appointed chair of the board
  • David Scott Floyd stepped down as chair of the board
20042 changesmanagement 2
  • Lars Liebst Poulsen appointed board member
  • Tage Benjaminsen stepped down as board member
200317 changescapital 1 · name 2 · address 1 · management 12 · founded 1
  • Share capital changed from 1,000,000 DKK to 50,500,000 DKK
  • Name changed from HOLDINGSELSKABET ILLUM A/S to HOLDINGSELSKABET ILLUM ApS
  • Name changed from HOLD.CO A/S to HOLDINGSELSKABET ILLUM A/S
  • Moved to Østergade 52, 1100 København K
  • Russell Paul Jewell appointed board member
  • David Scott Floyd appointed chair of the board
  • Russell Paul Jewell appointed director
  • Tage Benjaminsen appointed board member
  • Asger Heine Jensen stepped down as board member
  • Carsten Kultoft Lorentsen stepped down as director
  • Carsten Kultoft Lorentsen stepped down as board member
  • Peter Vinther Bjerregaard stepped down as chair of the board
  • Registered as HOLD.CO A/S
  • Asger Heine Jensen appointed board member
  • Carsten Kultoft Lorentsen appointed director
  • Carsten Kultoft Lorentsen appointed board member
  • Peter Vinther Bjerregaard appointed chair of the board

Related companies

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 23/10/2026.

View in CVRReport a correction