Inwave ApS
Private limited companyCVR 28289073FaaborgActive
Inwave ApS is a private limited company, based in Faaborg, active in wholesale of furniture for homes, offices and shops, carpets and lighting equipment, founded in 2004. Net profit fell 41% from 2024 to 2025, ending at DKK 1.2m.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 6% (2024 → 2025), to DKK 8.3m.
- Net profit fell 41% (2024 → 2025), to DKK 1.2m.
- Equity rose 5% (2024 → 2025), to DKK 11.7m.
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 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 | 6,303 | 6,241 | 6,992 | 8,655 | 8,882 | 8,319 | −6.3% |
| Operating profit (EBIT) | 1,832 | 2,255 | 2,583 | 3,129 | 2,575 | 1,546 | −40% |
| Profit before tax | 1,753 | 2,208 | 2,564 | 3,098 | 2,563 | 1,510 | −41.1% |
| Net profit | 1,348 | 1,711 | 1,988 | 2,403 | 1,991 | 1,170 | −41.2% |
| Total assets | 9,639 | 10,179 | 12,700 | 14,237 | 15,642 | 15,530 | −0.7% |
| Equity | 4,501 | 6,012 | 7,599 | 9,602 | 11,093 | 11,663 | +5.1% |
| Liabilities | 4,988 | 4,018 | 4,931 | 4,485 | 4,367 | 3,692 | −15.5% |
| Cash and cash equivalents | 0 | 0 | 0 | 1,103 | 785 | 602 | −23.3% |
| Average number of employees | 9 | 8 | 8 | 9 | 11 | 11 | 0% |
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 figuresProfit 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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/06/2024 – 31/05/2025 | 19/11/2025 | The company | PDF not statedXBRL |
| 2024 | 01/06/2023 – 31/05/2024 | 24/11/2024 | The company | PDFXBRL |
| 2023 | 01/06/2022 – 31/05/2023 | 20/11/2023 | The company | PDFXBRL |
| 2022 | 01/06/2021 – 31/05/2022 | 21/10/2022 | The company | PDFXBRL |
| 2021 | 01/06/2020 – 31/05/2021 | 24/10/2021 | The company | PDFXBRL |
| 2020 | 01/06/2019 – 31/05/2020 | 30/10/2020 | 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
306 companies in the databaseComparison with the other companies in wholesale of furniture for homes, offices and shops, carpets and lighting equipment based on the latest financial year.
Industry median: gross profit DKK 3.8m, net profit DKK 377k, equity DKK 3.6m, 5 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. 6,520of 69,742 Better than 91% | No. 8,199of 69,964 Better than 88% |
| Same industry and fewer than 20 employees250 companies in the comparison | No. 47of 250 Better than 82% | No. 35of 250 Better than 86% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 6,864of 24,791 Better than 72% | No. 6,127of 24,909 Better than 75% |
| All companies of type ApS66,508 companies in the comparison | No. 7,656of 66,379 Better than 88% | No. 6,169of 66,505 Better than 91% |
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- Inwave ApSDKK 8.3m
- Actona Group A/SDKK 535.5m
- Holmris B8 A/SDKK 408.7m
- Inwave ApSDKK 1.2m
- Actona Group A/S−DKK 86.1m
- Holmris B8 A/SDKK 21.7m
- Inwave ApSDKK 11.7m
- Actona Group A/SDKK 565.4m
- Holmris B8 A/SDKK 250.3m
- Inwave ApS10
- Actona Group A/S183
- 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- Simon Holding ApS100%
Management
1 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Simon Frandsen | Director | 07/12/2004 |
- Founders
- Simon Holding ApS
Signing rule: Selskabet tegnes af en direktør
Address and production units
1 active production unitsSmedemestervej 7
5600 Faaborg
| Production unit | Address | Employees | P number |
|---|---|---|---|
| INWAVE ApS | Smedemestervej 7, 5600 Faaborg | 10 | 1010976975 |
Purpose
Selskabets formål er handel med belysningsprodukter og al anden i forbindelse hermed beslægtet virksomhed, samt ledelsesmæssig og salgsmæssig konsulentvirksomhed
The purpose is quoted from the register in Danish.
Changes year by year
19 registered events20252 changesaccounts 1 · industry 1
- AccountsAnnual report for 2025 published
- IndustryIndustry changed to Wholesale of furniture for homes, offices and shops, carpets and lighting equipment (464700)
20241 changeaccounts 1
- AccountsAnnual report for 2024 published
20231 changeaccounts 1
- AccountsAnnual report for 2023 published
20221 changeaccounts 1
- AccountsAnnual report for 2022 published
20211 changeaccounts 1
- AccountsAnnual report for 2021 published
20201 changeaccounts 1
- AccountsAnnual report for 2020 published
20171 changeaddress 1
- AddressMoved to Smedemestervej 7, 5600 Faaborg
20141 changeaddress 1
- AddressMoved to Mosetoften 2, 5600 Faaborg
20121 changeaddress 1
- AddressMoved to L. Frandsensvej 3A, 5600 Faaborg
20111 changeaddress 1
- AddressMoved to Færgevej 4, 5600 Faaborg
20081 changeindustry 1
- IndustryIndustry changed to Wholesale of furniture for homes, offices and shops, carpets and lighting equipment (464700)
20071 changeaddress 1
- AddressMoved to Mosetoften 2, Diernæs, 5600 Faaborg
20046 changesindustry 1 · founded 1 · management 1 · ownership 3
- IndustryIndustry changed to Engroshandel med elektriske husholdningsartikler (514340)
- FoundedRegistered as INWAVE ApS
- ManagementSimon Frandsen appointed director
- OwnershipSimon Frandsen registered as owner (100%)
- OwnershipSimon Frandsen is no longer registered as owner
- OwnershipSIMON HOLDING ApS registered as owner (100%)
Related companies
Same industry in Faaborg-Midtfyn
- Planova Shop System ApS10 employees
- Contract Plus ApS2 employees
- Ergo-design ApS2 employees
- Home Invent A/S2 employees
Same people in management
- Elwis Lighting A/Svia Simon Frandsen
Largest in the industry
- Actona Group A/SDKK 535.5m
- Holmris B8 A/SDKK 408.7m
- Hjort Knudsen A/SDKK 323.2m
- Hay ApSDKK 285.7m
- &tradition A/SDKK 166.6m
- 2-connect ApSDKK 156m
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.