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Jti Denmark A/S

Public limited companyCVR 28519958Vallensbæk StrandActive

Jti Denmark A/S is a public limited company, based in Vallensbæk Strand, active in wholesale of tobacco products, founded in 2005. Net profit fell 36% from 2024 to 2025, ending at DKK 3.2m. Measured by gross profit, it ranks no. 3 of 13 companies in the industry in the database. With 19 employees, the company is about 4 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 1.3bn+12.5% vs. 2024
Net profitDKK 3.2m−35.8% vs. 2024
EquityDKK 230.1m−34.4% vs. 2024
Employees19latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 16% (2024 → 2025), to DKK 25m.
  • Revenue rose 13% (2024 → 2025), to DKK 1.3bn.
  • Net profit fell 36% (2024 → 2025), to DKK 3.2m.
  • Equity fell 34% (2024 → 2025), to DKK 230.1m.

Management and owners, last 24 months

  • New in management: Linas Libikas (chair of the board, 31/01/2025), Mohammed Yassine Kabbaj (board member, 30/06/2026) and Markus Grün (board member, 30/06/2026) (+2).
  • Stepped down: Cormac O'Rourke (chair of the board, 31/01/2025), Ryota Ishigami (board member, 01/10/2025) and Ryota Ishigami (director, 01/10/2025) (+3).

Registrations, last 24 months

  • 03/04/2025: Moved to Delta Park 37, 2665 Vallensbæk Strand
  • 03/01/2025: Moved to Delta Park 37, 2665 Vallensbæk Strand

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 50mDKK 100mDKK 150mDKK 200mDKK 250mDKK 300mDKK 350m202020212022202320242025
EquityNet profit
Financial figures for Jti Denmark A/S
202020212022202320242025Change
Revenue990,9671,402,9541,054,0631,113,9651,146,7451,290,385+12.5%
Gross profit28,548−37,50222,17222,51721,53624,996+16.1%
Operating profit (EBIT)2,2302,2402,4331,5052,8383,654+28.8%
Profit before tax2,0541,0691,1012,7126,3663,975−37.6%
Net profit2,0541,0691,1012,7124,9653,188−35.8%
Total assets573,448755,902468,144510,851490,150440,906−10%
Equity91,12892,197343,298346,010350,975230,136−34.4%
Liabilities479,578661,419124,846164,841139,175210,770+51.4%
Cash and cash equivalents0––––––
Average number of employees2323191919190%

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.

Download the figures as CSV · free with an account, amounts in whole DKK

−DKK 40m−DKK 30m−DKK 20m−DKK 10mDKK 0DKK 10mDKK 20mDKK 30m202020212022202320242025
Gross profitMedian, the industry (13 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 34% from 2024 to 2025 (DKK 351m to DKK 230.1m).

    How is this calculated?

    Equity has fallen by at least 30% from the previous annual report, and it was positive the year before.

  • 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 Jti Denmark A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202530/06/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202419/05/2025The companyPDF not statedXBRL
202301/01/2023 – 31/12/202301/07/2024The companyPDF not statedXBRL
202201/01/2022 – 31/12/202204/07/2023The companyPDF not statedXBRL
202101/01/2021 – 31/12/202130/06/2022The companyPDFXBRL
202001/01/2020 – 31/12/202002/07/2021The 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
0510152009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

13 companies in the database

Comparison with the other companies in wholesale of tobacco products based on the latest financial year.

Gross profitDKK 25mNo. 3 of 13
Better than 83% of the companies in the industry
EquityDKK 230.1mNo. 2 of 13
Better than 92% of the companies in the industry
Number of employees19No. 3 of 13
Better than 83% of the companies in the industry

Industry median: gross profit DKK 3.7m, net profit DKK 549k, equity DKK 3.6m, 5 employees.

DKK 1.6mDKK 8.1mDKK 40.9mDKK 207.7mDKK 613mHere
Distribution of gross profit for 12 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. 1,103of 69,742
Better than 98%
No. 917of 69,964
Better than 99%
Same industry and fewer than 20 employees10 companies in the comparison
No. 1of 10
Better than 100%
No. 1of 10
Better than 100%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 2,788of 24,791
Better than 89%
No. 700of 24,909
Better than 97%
All companies of type A/S18,025 companies in the comparison
No. 5,023of 17,786
Better than 72%
No. 1,300of 18,024
Better than 93%

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 tobacco products
Gross profit
  1. Jti Denmark A/SDKK 25m
  2. House Of Prince A/SDKK 1.1bn
  3. Philip Morris ApSDKK 99.1m
Net profit
  1. Jti Denmark A/SDKK 3.2m
  2. House Of Prince A/SDKK 701m
  3. Philip Morris ApSDKK 6.9m
Equity
  1. Jti Denmark A/SDKK 230.1m
  2. House Of Prince A/SDKK 2.1bn
  3. Philip Morris ApSDKK 8.2m
Employees
  1. Jti Denmark A/S19
  2. House Of Prince A/S148
  3. Philip Morris ApS88

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
  • JT International Holding BV100%
Jti Denmark A/S

Management

4 active registrations

Executive management

Executive management at Jti Denmark A/S
NameRoleAppointed
Mohammed Yassine KabbajCEO01/07/2026

Board of directors

Board of directors at Jti Denmark A/S
NameRoleAppointed
Linas LibikasChair of the board31/01/2025
Mohammed Yassine KabbajBoard member30/06/2026
Markus GrünBoard member30/06/2026
Founders
Gallaher Northern Europe AB
Former management (46)
Former management at Jti Denmark A/S
NameRoleAppointedResigned
Bo WindahlBoard member31/03/200530/03/2007
Kristina HassellundChair of the board31/03/200528/05/2007
John Paul MurdenBoard member31/03/200517/08/2005
John Paul MurdenDirector31/03/200517/08/2005
Andrew George RomeoBoard member17/08/200512/10/2006
Andrew George RomeoDirector17/08/200512/10/2006
Alejandro Ouziel JaneBoard member12/10/200602/11/2007
Alejandro Ouziel JaneDirector12/10/200602/11/2007
Jonas Erik Martin BjörnumBoard member30/03/200726/08/2008
Thomas RasmussenBoard member28/05/200708/12/2008
Andrew Michael BookerBoard member28/05/200726/08/2008
Wolfgang LouzekBoard member28/05/200726/08/2008
Jonas Erik Martin BjörnumDirector02/11/200726/08/2008
Stephan SchmidtChair of the board02/11/200708/12/2008
Kathrine DecorzantBoard member26/08/200831/05/2013
Kathrine DecorzantDirector26/08/200831/05/2013
John Fales EckerbergBoard member26/08/200802/03/2018
Eva Kristina HassellundBoard member26/08/200831/05/2013
Günter PanhoferChair of the board08/12/200831/08/2015
Marian Stefan ZamfirBoard member31/05/201330/09/2014
Marian Stefan ZamfirCEO31/05/201330/09/2014
Samuel PelichetBoard member31/05/201315/05/2017
John Daniel MøllerChief financial officer01/06/201419/04/2016
Clemens ThalhammerManaging director01/06/201431/08/2015
Olesja FloresaBoard member01/10/201426/02/2020
Olesja FloresaCEO01/10/201426/02/2020
Linas LibikasChair of the board01/09/201525/04/2016
Ulrik Christian BoesenDirector19/04/201613/09/2019
Linas LibikasChair of the board03/10/201612/09/2018
Elias AssimakopoulosBoard member15/05/201702/03/2018
Vitalija KanevicieneBoard member19/03/201812/09/2018
Andrew ShannonChair of the board12/09/201823/03/2021
Eva Kristina HassellundBoard member12/09/201823/05/2023
Morten FlindtDirector13/09/201928/02/2021
Georgios MetsisBoard member26/02/202023/11/2021
Georgios MetsisDirector26/02/202023/11/2021
Georgios MetsisBoard member26/02/202026/02/2020
Georgios MetsisDirector26/02/202026/02/2020
Nadia Reipuert SantinBoard member27/11/202023/11/2021
Cormac O'RourkeChair of the board23/03/202131/01/2025
Ryota IshigamiBoard member23/11/202101/10/2025
Ryota IshigamiDirector23/11/202101/10/2025
Anna KalituhaBoard member23/11/202130/06/2026
Stephen Fisher-ToivoBoard member27/02/202331/12/2023
Katie Louise BriggsBoard member23/05/202330/06/2026
Katie Louise BriggsCEO01/10/202501/07/2026

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

Address and production units

1 active production units

Delta Park 37
2665 Vallensbæk Strand

Vallensbæk Municipality · Postcode 2665

Other companies at the address (6)

Production units
Production unitAddressEmployeesP number
JTI DENMARK A/SDelta Park 37, 2665 Vallensbæk Strand191011236509

Purpose

Selskabets formål er salg og markedsføring af tobaksprodukter samt direkte eller indirekte at drive anden virksomhed, der efter bestyrelsens skøn er forbunden dermed

The purpose is quoted from the register in Danish.

Changes year by year

116 registered events
20267 changesmanagement 6 · accounts 1
  • Mohammed Yassine Kabbaj appointed ceo
  • Katie Louise Briggs stepped down as ceo
  • Markus Grün appointed board member
  • Mohammed Yassine Kabbaj appointed board member
  • Katie Louise Briggs stepped down as board member
  • Anna Kalituha stepped down as board member
  • Annual report for 2025 published
20258 changesmanagement 5 · accounts 1 · address 2
  • Katie Louise Briggs appointed ceo
  • Ryota Ishigami stepped down as board member
  • Ryota Ishigami stepped down as director
  • Annual report for 2024 published
  • Moved to Delta Park 37, 2665 Vallensbæk Strand
  • Linas Libikas appointed chair of the board
  • Cormac O'Rourke stepped down as chair of the board
  • Moved to Delta Park 37, 2665 Vallensbæk Strand
20241 changeaccounts 1
  • Annual report for 2023 published
20236 changesmanagement 4 · accounts 1 · address 1
  • Stephen Fisher-Toivo stepped down as board member
  • Annual report for 2022 published
  • Katie Louise Briggs appointed board member
  • Eva Kristina Hassellund stepped down as board member
  • Moved to Delta Park 37, 2665 Vallensbæk Strand
  • Stephen Fisher-Toivo appointed board member
20221 changeaccounts 1
  • Annual report for 2021 published
202110 changesmanagement 9 · accounts 1
  • Ryota Ishigami appointed board member
  • Anna Kalituha appointed board member
  • Ryota Ishigami appointed director
  • Nadia Reipuert Santin stepped down as board member
  • Georgios Metsis stepped down as director
  • Georgios Metsis stepped down as board member
  • Annual report for 2020 published
  • Cormac O'Rourke appointed chair of the board
  • Andrew Shannon stepped down as chair of the board
  • Morten Flindt stepped down as director
20207 changesmanagement 7
  • Nadia Reipuert Santin appointed board member
  • Georgios Metsis appointed director
  • Georgios Metsis stepped down as director
  • Georgios Metsis appointed board member
  • Georgios Metsis stepped down as board member
  • Olesja Floresa stepped down as ceo
  • Olesja Floresa stepped down as board member
20192 changesmanagement 2
  • Morten Flindt appointed director
  • Ulrik Christian Boesen stepped down as director
20188 changesmanagement 7 · address 1
  • Andrew Shannon appointed chair of the board
  • Eva Kristina Hassellund appointed board member
  • Vitalija Kaneviciene stepped down as board member
  • Linas Libikas stepped down as chair of the board
  • Moved to Tobaksvejen 2A, 2860 Søborg
  • Vitalija Kaneviciene appointed board member
  • Elias Assimakopoulos stepped down as board member
  • John Fales Eckerberg stepped down as board member
20173 changesaddress 1 · management 2
  • Moved to Tobaksvejen 2, 2, 2860 Søborg
  • Elias Assimakopoulos appointed board member
  • Samuel Pelichet stepped down as board member
20166 changesmanagement 4 · address 2
  • Linas Libikas appointed chair of the board
  • Moved to Tobaksvejen 2, 2, 2860 Søborg
  • Linas Libikas stepped down as chair of the board
  • Ulrik Christian Boesen appointed director
  • John Daniel Møller stepped down as chief financial officer
  • Moved to Tobaksvejen 2, 2, 2860 Søborg
20153 changesmanagement 3
  • Linas Libikas appointed chair of the board
  • Clemens Thalhammer stepped down as managing director
  • Günter Panhofer stepped down as chair of the board
20146 changesmanagement 6
  • Olesja Floresa appointed ceo
  • Olesja Floresa appointed board member
  • Marian Stefan Zamfir stepped down as ceo
  • Marian Stefan Zamfir stepped down as board member
  • Clemens Thalhammer appointed managing director
  • John Daniel Møller appointed chief financial officer
20137 changesaddress 1 · management 6
  • Moved to Kirkebjerg Parkvej 12, 2605 Brøndby
  • Samuel Pelichet appointed board member
  • Marian Stefan Zamfir appointed ceo
  • Marian Stefan Zamfir appointed board member
  • Kathrine Decorzant stepped down as director
  • Eva Kristina Hassellund stepped down as board member
  • Kathrine Decorzant stepped down as board member
20112 changesownership 1 · address 1
  • JT International Holding BV registered as owner (100%)
  • Moved to Lyskær 3C-3D, 2730 Herlev
200812 changesmanagement 11 · address 1
  • Günter Panhofer appointed chair of the board
  • Stephan Schmidt stepped down as chair of the board
  • Thomas Rasmussen stepped down as board member
  • Kathrine Decorzant appointed director
  • Eva Kristina Hassellund appointed board member
  • John Fales Eckerberg appointed board member
  • Kathrine Decorzant appointed board member
  • Jonas Erik Martin Björnum stepped down as director
  • Wolfgang Louzek stepped down as board member
  • Andrew Michael Booker stepped down as board member
  • Jonas Erik Martin Björnum stepped down as board member
  • Moved to Industrivej 12, 2605 Brøndby
200711 changesname 1 · management 10
  • Name changed from GALLAHER DENMARK A/S to JTI DENMARK A/S
  • Stephan Schmidt appointed chair of the board
  • Jonas Erik Martin Björnum appointed director
  • Alejandro Ouziel Jane stepped down as director
  • Alejandro Ouziel Jane stepped down as board member
  • Thomas Rasmussen appointed board member
  • Wolfgang Louzek appointed board member
  • Andrew Michael Booker appointed board member
  • Kristina Hassellund stepped down as chair of the board
  • Jonas Erik Martin Björnum appointed board member
  • Bo Windahl stepped down as board member
20064 changesmanagement 4
  • Alejandro Ouziel Jane appointed director
  • Alejandro Ouziel Jane appointed board member
  • Andrew George Romeo stepped down as director
  • Andrew George Romeo stepped down as board member
200512 changesaddress 1 · capital 1 · management 8 · industry 1 · founded 1
  • Moved to Lautruphøj 1-3, 2750 Ballerup
  • Share capital changed from 500,000 DKK to 1,000,000 DKK
  • Andrew George Romeo appointed director
  • Andrew George Romeo appointed board member
  • John Paul Murden stepped down as director
  • John Paul Murden stepped down as board member
  • Industry changed to Engroshandel med tobaksvarer (513500)
  • Registered as GALLAHER DENMARK A/S
  • Kristina Hassellund appointed chair of the board
  • John Paul Murden appointed director
  • John Paul Murden appointed board member
  • Bo Windahl appointed board member

Related companies

Same industry in Vallensbæk

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