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Innovation Living A/S

Public limited companyCVR 65699516Randers NØActive

Innovation Living A/S is a public limited company, based in Randers NØ, active in manufacture of furniture, founded in 1981. Net profit fell 93% from 2024 to 2025, ending at DKK 656k. With 55 employees, the company is about 8 times larger than the industry median. Equity fell to DKK 47.3m in 2025.

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Key figures · financial year 2025

Gross profitDKK 40.3m−18.2% vs. 2024
Net profitDKK 656k−92.6% vs. 2024
EquityDKK 47.3m−19.5% vs. 2024
Employees55latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 18% (2024 → 2025), to DKK 40.3m.
  • Net profit fell 93% (2024 → 2025), to DKK 656k.
  • Equity fell 19% (2024 → 2025), to DKK 47.3m.

Employees

  • 1 more employees than a year earlier: 55 (07/2026) against 54 (07/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Manufacture of furniture (310000)
  • 19/11/2024: Merger registered in CVR

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 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100mDKK 120mDKK 140mDKK 160mDKK 180mDKK 200m202020212022202320242025
EquityNet profit
Financial figures for Innovation Living A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit60,73363,28049,92547,25349,23740,294−18.2%
Operating profit (EBIT)32,51833,14615,88117,51514,1057,685−45.5%
Profit before tax38,00243,21913,36417,95112,2222,433−80.1%
Net profit30,66234,09510,03613,6918,812656−92.6%
Total assets199,223232,189189,496173,002163,110152,934−6.2%
Equity157,205192,14639,68749,30158,71747,272−19.5%
Liabilities41,71739,640149,392123,317104,097105,347+1.2%
Cash and cash equivalents20,50413,98031,73420,01013,48611,492−14.8%
Average number of employees505050485652−7.1%

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, 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 50mDKK 60m202020212022202320242025
Gross profitMedian, the industry (295 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit 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
Annual reports for Innovation Living A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202503/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202430/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202305/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202220/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202130/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202010/06/2021The 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
010203040506008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

295 companies in the database

Comparison with the other companies in manufacture of furniture based on the latest financial year.

Gross profitDKK 40.3mNo. 27 of 294
Better than 91% of the companies in the industry
EquityDKK 47.3mNo. 24 of 295
Better than 92% of the companies in the industry
Number of employees55No. 31 of 295
Better than 90% of the companies in the industry

Industry median: gross profit DKK 3.5m, net profit DKK 196k, equity DKK 2.2m, 7 employees.

DKK 100kDKK 1mDKK 10.3mDKK 104.5mDKK 489.6mHere
Distribution of gross profit for 281 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. 2,240of 4,412
Better than 49%
No. 1,276of 4,466
Better than 71%
Same industry and 50–199 employees27 companies in the comparison
No. 17of 26
Better than 36%
No. 13of 27
Better than 54%
Companies that are at least 30 years old10,276 companies in the comparison
No. 1,754of 10,152
Better than 83%
No. 2,072of 10,275
Better than 80%
All companies of type A/S18,025 companies in the comparison
No. 3,499of 17,786
Better than 80%
No. 3,710of 18,024
Better than 79%

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

Manufacture of furniture
Gross profit
  1. Innovation Living A/SDKK 40.3m
  2. Nobia Denmark A/SDKK 1.1bn
  3. Dan-foam ApSDKK 894.1m
Net profit
  1. Innovation Living A/SDKK 656k
  2. Nobia Denmark A/SDKK 296.2m
  3. Dan-foam ApSDKK 623.6m
Equity
  1. Innovation Living A/SDKK 47.3m
  2. Nobia Denmark A/SDKK 457.6m
  3. Dan-foam ApSDKK 1.3bn
Employees
  1. Innovation Living A/S55
  2. Nobia Denmark A/S1,161
  3. Dan-foam ApS435

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
  • Innovation Holding A/S66.67%
  • Lind Holding af 17. April ApS10%
  • Emho 1 ApS10%
Innovation Living A/S

Management

6 active registrations

Executive management

Executive management at Innovation Living A/S
NameRoleAppointed
Morten Lind MølgaardDirector01/09/2018

Board of directors

Board of directors at Innovation Living A/S
NameRoleAppointed
John Maul SørensenBoard member01/04/2014
Mikael Finn FabriciusBoard member01/04/2014
Jesper FruelundBoard member18/06/2018
Morten Lind MølgaardBoard member30/10/2018
Emil Pagter HøjfeldtChair of the board25/09/2023
Former management (26)
Former management at Innovation Living A/S
NameRoleAppointedResigned
Finn Allan Gaarskjær ThomsenBoard member09/06/198131/01/1992
Knud Christian TimmBoard member09/06/198131/12/1993
Anders Richard SørensenBoard member09/06/198130/01/1990
Torben HalkjærBoard member09/06/198114/03/1989
Mona ChristensenBoard member09/06/198129/05/2009
Lisbeth Elfving RasmussenBoard member09/06/198107/06/1995
Torben JensenBoard member09/06/198131/01/1992
Preben Gunnar Wulff RasmussenBoard member09/06/198120/05/1994
Inge Lise Karup WarbergBoard member09/06/198116/12/2015
René MøhlenbergBoard member09/06/198109/06/1998
Lene Djernæs KirkegaardBoard member09/06/198130/04/2001
Dorte Boe PagterBoard member09/06/198121/04/2004
Johnny AndersenBoard member09/06/198112/01/1993
Bente Ilsøe LaursenBoard member28/05/200101/06/2005
Pernille DyhrDeputy board member28/05/200130/06/2001
Anders Løgstrup BayBoard member21/04/200420/04/2006
Niels HansenCEO23/12/200829/08/2011
Helle Mørch-JohansenBoard member29/05/200931/01/2014
Flemming HøjfeldtCEO29/08/201101/04/2014
Flemming HøjfeldtChair of the board01/04/201425/09/2023
Marianne Bundgaard LaursenBoard member01/04/201418/06/2018
Morten Lind MølgaardCEO01/04/201431/08/2018
Per Weiss AndersenBoard member16/12/201522/03/2016
Inge Lise Karup WarbergBoard member22/03/201630/10/2018
Kristian Flittner SnoghøjCEO01/09/201829/03/2022
Emil Pagter HøjfeldtBoard member30/10/201824/09/2023

Signing rule: Selskabet tegnes af bestyrelsesformanden eller af direktionen

Address and production units

1 active production units

Blommevej 38
8930 Randers NØ

Randers Municipality · Postcode 8930

Production units
Production unitAddressEmployeesP number
INNOVATION LIVING A/SBlommevej 38, 8930 Randers NØ541003160352

Purpose

Selskabets formål er at drive handel, håndværk, industri samt anden i forbindelse hermed stående virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

77 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Manufacture of furniture (310000)
20242 changesmerger 1 · accounts 1
  • Merger registered in CVR
  • Annual report for 2023 published
20234 changesmanagement 3 · accounts 1
  • Emil Pagter Højfeldt appointed chair of the board
  • Flemming Højfeldt stepped down as chair of the board
  • Emil Pagter Højfeldt stepped down as board member
  • Annual report for 2022 published
20226 changesownership 4 · accounts 1 · management 1
  • INNOVATION HOLDING A/S registered as owner (66.67%)
  • LIND HOLDING AF 17. APRIL ApS registered as owner (10%)
  • EMHO 1 ApS registered as owner (10%)
  • INNOVATION HOLDING A/S is no longer registered as owner
  • Annual report for 2021 published
  • Kristian Flittner Snoghøj stepped down as ceo
20212 changesaccounts 1 · address 1
  • Annual report for 2020 published
  • Moved to Blommevej 38, 8930 Randers NØ
20188 changesmanagement 8
  • Emil Pagter Højfeldt appointed board member
  • Morten Lind Mølgaard appointed board member
  • Inge Lise Karup Warberg stepped down as board member
  • Kristian Flittner Snoghøj appointed ceo
  • Morten Lind Mølgaard appointed director
  • Morten Lind Mølgaard stepped down as ceo
  • Jesper Fruelund appointed board member
  • Marianne Bundgaard Laursen stepped down as board member
20163 changesname 1 · management 2
  • Name changed from INNOVATION RANDERS A/S to INNOVATION LIVING A/S
  • Inge Lise Karup Warberg appointed board member
  • Per Weiss Andersen stepped down as board member
20152 changesmanagement 2
  • Per Weiss Andersen appointed board member
  • Inge Lise Karup Warberg stepped down as board member
20147 changesmanagement 7
  • Marianne Bundgaard Laursen appointed board member
  • Mikael Finn Fabricius appointed board member
  • John Maul Sørensen appointed board member
  • Morten Lind Mølgaard appointed ceo
  • Flemming Højfeldt appointed chair of the board
  • Flemming Højfeldt stepped down as ceo
  • Helle Mørch-Johansen stepped down as board member
20112 changesmanagement 2
  • Flemming Højfeldt appointed ceo
  • Niels Hansen stepped down as ceo
20092 changesmanagement 2
  • Helle Mørch-Johansen appointed board member
  • Mona Christensen stepped down as board member
20082 changesmanagement 1 · industry 1
  • Niels Hansen appointed ceo
  • Industry changed to Fremstilling af andre møbler (310900)
20071 changeaddress 1
  • Moved to Blommevej 38, 8930 Randers NØ
20061 changemanagement 1
  • Anders Løgstrup Bay stepped down as board member
20051 changemanagement 1
  • Bente Ilsøe Laursen stepped down as board member
20042 changesmanagement 2
  • Anders Løgstrup Bay appointed board member
  • Dorte Boe Pagter stepped down as board member
20014 changesmanagement 4
  • Pernille Dyhr stepped down as deputy board member
  • Pernille Dyhr appointed deputy board member
  • Bente Ilsøe Laursen appointed board member
  • Lene Djernæs Kirkegaard stepped down as board member
19981 changemanagement 1
  • René Møhlenberg stepped down as board member
19971 changeownership 1
  • INNOVATION HOLDING A/S registered as owner (100%)
19961 changecapital 1
  • Share capital changed from 1,000,000 DKK to 10,000,000 DKK
19951 changemanagement 1
  • Lisbeth Elfving Rasmussen stepped down as board member
19941 changemanagement 1
  • Preben Gunnar Wulff Rasmussen stepped down as board member
19932 changesmanagement 2
  • Knud Christian Timm stepped down as board member
  • Johnny Andersen stepped down as board member
19922 changesmanagement 2
  • Torben Jensen stepped down as board member
  • Finn Allan Gaarskjær Thomsen stepped down as board member
19901 changemanagement 1
  • Anders Richard Sørensen stepped down as board member
19891 changemanagement 1
  • Torben Halkjær stepped down as board member
198114 changesfounded 1 · management 13
  • Registered as INNOVATION RANDERS A/S
  • Lene Djernæs Kirkegaard appointed board member
  • René Møhlenberg appointed board member
  • Inge Lise Karup Warberg appointed board member
  • Preben Gunnar Wulff Rasmussen appointed board member
  • Torben Jensen appointed board member
  • Lisbeth Elfving Rasmussen appointed board member
  • Mona Christensen appointed board member
  • Torben Halkjær appointed board member
  • Anders Richard Sørensen appointed board member
  • Finn Allan Gaarskjær Thomsen appointed board member
  • Knud Christian Timm appointed board member
  • Johnny Andersen appointed board member
  • Dorte Boe Pagter 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