Kinraden ApS
Private limited companyCVR 36550414København KActive
Kinraden ApS is a private limited company, based in København K, active in manufacture of jewellery and related articles, founded in 2015. The company made a loss in both 2024 and 2025, most recently DKK 7.8m. With 17 employees, the company is about 6 times larger than the industry median. 6 people are registered in the company's management and ownership.
Key figures · financial year 2025
Gross profit−DKK 3.1m−12.5% vs. 2024
Net profit−DKK 7.8m−62.2% vs. 2024
EquityDKK 21.9m+765.3% vs. 2024
Employees17latest month from CVR
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- The loss grew: from DKK 4.8m to DKK 7.8m (2024 → 2025).
- Equity turned positive again: DKK 21.9m (2024 → 2025).
Employees
- 5 more employees than a year earlier: 17 (07/2026) against 12 (07/2025).
Management and owners, last 24 months
- New in management: Jesper Bjørn Madsen (board member, 27/01/2025), Singh Nirmal Madan Mansingh (board member, 27/01/2025) and Raksha Khetan (board member, 27/01/2025) (+2).
- Stepped down: Christina Neustrup Trudslev (board member, 27/01/2025), Christina Neustrup Trudslev (ceo, 24/08/2026) and Heidi Jacqueline Ahlefeldt-Laurvig (board member, 27/01/2025) (+1).
- New owners registered: Sarah Müllertz Holding ApS (27/01/2025) and Lotus One Investment Pte. Ltd. (27/01/2025).
- No longer registered as owner: Sarah Müllertz Holding ApS (26/01/2025).
Registrations, last 24 months
- 27/01/2025: Share capital changed from 600,000 DKK to 1,148,520 DKK
- 01/01/2025: Industry changed to Manufacture of jewellery and related articles (321200)
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 2019–2025 · amounts in DKK thousandEquity and net profit
| 2019 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | −2,339 | −2,615 | −1,599 | −2,573 | −2,730 | −3,071 | −12.5% |
| Operating profit (EBIT) | −2,516 | −3,942 | −2,809 | −4,497 | −4,362 | −6,902 | −58.2% |
| Profit before tax | −2,662 | −4,162 | −2,876 | −4,543 | −4,801 | −7,790 | −62.2% |
| Net profit | −1,526 | −4,716 | −2,809 | −4,421 | −4,801 | −7,790 | −62.2% |
| Total assets | 4,462 | 3,141 | 3,138 | 2,127 | 3,804 | 23,523 | +518.4% |
| Equity | 172 | 1,712 | 1,903 | 631 | −3,290 | 21,886 | +765.3% |
| Liabilities | 4,291 | 1,429 | 1,236 | 1,496 | 7,093 | 1,637 | −76.9% |
| Cash and cash equivalents | 2,561 | 1,415 | 1,420 | 99 | 963 | 17,479 | +1,714.7% |
| Average number of employees | 1 | 2 | 2 | 3 | 3 | 5 | +66.7% |
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 2019, 2021, 2022, 2023, 2024, 2025: smaller companies may omit it, and we do not derive it from other figures. The register has no financial statements for 2020 (changed financial year or not filed).
Download the figures as CSV · free with an account, amounts in whole DKK
Signals from the financial statements
calculated from the 2025 figuresLoss for 6 years in a row
Net result has been negative in 2019–2025.
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/07/2024 – 30/06/2025 | 09/06/2026 | The company | PDF not statedXBRL |
| 2024 | 01/07/2023 – 30/06/2024 | 27/12/2024 | The company | PDFXBRL |
| 2023 | 01/07/2022 – 30/06/2023 | 31/12/2023 | The company | PDFXBRL |
| 2022 | 01/07/2021 – 30/06/2022 | 12/01/2023 | The company | PDFXBRL |
| 2021 | 01/01/2020 – 30/06/2021 | 05/12/2021 | The company | PDFXBRL |
| 2019 | 01/01/2019 – 31/12/2019 | 15/06/2020 | 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
52 companies in the databaseComparison with the other companies in manufacture of jewellery and related articles based on the latest financial year.
Gross profit−DKK 3.1mNo. 52 of 52
Better than 0% of the companies in the industry
EquityDKK 21.9mNo. 4 of 52
Better than 94% of the companies in the industry
Number of employees17No. 12 of 52
Better than 78% of the companies in the industry
Industry median: gross profit DKK 1.4m, net profit DKK 57,336, equity DKK 1.1m, 3 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. 69,377of 69,742 Better than 1% | No. 5,445of 69,964 Better than 92% |
| Same industry and fewer than 20 employees48 companies in the comparison | No. 48of 48 Better than 0% | No. 2of 48 Better than 98% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 33,364of 33,588 Better than 1% | No. 2,164of 33,687 Better than 94% |
| All companies of type ApS66,508 companies in the comparison | No. 66,072of 66,379 Better than 0% | No. 3,950of 66,505 Better than 94% |
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 jewellery and related articlesGross profit
- Kinraden ApS−DKK 3.1m
- Pandora A/SDKK 25.7bn
- Shamballa Jewels A/SDKK 43.7m
Net profit
- Kinraden ApS−DKK 7.8m
- Pandora A/SDKK 5.2bn
- Shamballa Jewels A/SDKK 20.3m
Equity
- Kinraden ApSDKK 21.9m
- Pandora A/SDKK 5.3bn
- Shamballa Jewels A/SDKK 67.8m
Employees
- Kinraden ApS17
- Pandora A/S1,238
- Shamballa Jewels A/S34
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterOwners
- Sarah Müllertz Holding ApS33.33% · 50% votes
- Lotus One Investment Pte. Ltd.50%
Kinraden ApS
Management
7 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Ditte Søndergaard Bihorac | CEO | 24/08/2026 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Sarah Emilie Müllertz | Board member | 01/06/2023 |
| Annette Pia Larsen | Chair of the board | 01/06/2023 |
| Jesper Bjørn Madsen | Board member | 27/01/2025 |
| Singh Nirmal Madan Mansingh | Board member | 27/01/2025 |
| Raksha Khetan | Board member | 27/01/2025 |
| Thomas Holm | Board member | 29/05/2026 |
- Founders
- Sarah Müllertz Holding ApS, Petrant ApS
Former management (15)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Peter Egebjerg-Rantzau | Chair of the board | 24/02/2015 | 19/01/2016 |
| Peter Egebjerg-Rantzau | CEO | 24/02/2015 | 19/01/2016 |
| Sarah Emilie Müllertz | Board member | 24/02/2015 | 15/10/2020 |
| Christian Elneff Bonnesen | Board member | 24/02/2015 | 08/01/2019 |
| Sarah Emilie Müllertz | CEO | 19/01/2016 | 16/12/2022 |
| Camilla Ramstrup | Chair of the board | 19/01/2016 | 08/01/2019 |
| Camilla Ramstrup | Board member | 09/01/2019 | 16/10/2020 |
| Christian Elneff Bonnesen | Chair of the board | 09/01/2019 | 16/10/2020 |
| Jacob Spangenberg | Board member | 09/01/2019 | 16/10/2020 |
| Annette Pia Larsen | Board member | 09/04/2019 | 31/05/2023 |
| Christina Neustrup Trudslev | Board member | 16/10/2020 | 27/01/2025 |
| Sarah Emilie Müllertz | Chair of the board | 16/10/2020 | 31/05/2023 |
| Christina Neustrup Trudslev | CEO | 16/12/2022 | 24/08/2026 |
| Heidi Jacqueline Ahlefeldt-Laurvig | Board member | 08/01/2024 | 27/01/2025 |
| Bo Bendixen | Board member | 08/01/2024 | 29/05/2026 |
Signing rule: Selskabet tegnes af den adm. direktør i forening med to bestyrelsesmedlemmer eller af tre bestyrelsesmedlemmer i forening.
Address and production units
1 active production unitsMøntergade 3
1116 København K
| Production unit | Address | Employees | P number |
|---|---|---|---|
| KINRADEN ApS | Møntergade 3, 1116 København K | 18 | 1020181806 |
Purpose
Selskabets formål er at drive virksomhed med design, produktion og salg af smykker samt anden dermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
75 registered events82015
142016
02017
42018
82019
112020
12021
22022
82023
42024
102025
52026
20265 changesmanagement 4 · accounts 1
- ManagementDitte Søndergaard Bihorac appointed ceo
- ManagementChristina Neustrup Trudslev stepped down as ceo
- AccountsAnnual report for 2025 published
- ManagementThomas Holm appointed board member
- ManagementBo Bendixen stepped down as board member
202510 changescapital 1 · management 5 · ownership 3 · industry 1
- CapitalShare capital changed from 600,000 DKK to 1,148,520 DKK
- ManagementSingh Nirmal Madan Mansingh appointed board member
- ManagementJesper Bjørn Madsen appointed board member
- ManagementRaksha Khetan appointed board member
- ManagementHeidi Jacqueline Ahlefeldt-Laurvig stepped down as board member
- ManagementChristina Neustrup Trudslev stepped down as board member
- OwnershipSarah Müllertz Holding ApS registered as owner (33.33%)
- OwnershipLotus One Investment Pte. Ltd. registered as owner (50%)
- OwnershipSarah Müllertz Holding ApS is no longer registered as owner
- IndustryIndustry changed to Manufacture of jewellery and related articles (321200)
20244 changesaccounts 1 · address 1 · management 2
- AccountsAnnual report for 2024 published
- AddressMoved to Møntergade 3, 1116 København K
- ManagementBo Bendixen appointed board member
- ManagementHeidi Jacqueline Ahlefeldt-Laurvig appointed board member
20238 changesaccounts 2 · management 4 · ownership 2
- AccountsAnnual report for 2023 published
- ManagementAnnette Pia Larsen appointed chair of the board
- ManagementSarah Emilie Müllertz appointed board member
- ManagementSarah Emilie Müllertz stepped down as chair of the board
- ManagementAnnette Pia Larsen stepped down as board member
- OwnershipSarah Müllertz Holding ApS registered as owner (90%)
- OwnershipSarah Müllertz Holding ApS is no longer registered as owner
- AccountsAnnual report for 2022 published
20222 changesmanagement 2
- ManagementChristina Neustrup Trudslev appointed ceo
- ManagementSarah Emilie Müllertz stepped down as ceo
20211 changeaccounts 1
- AccountsAnnual report for 2021 published
202011 changescapital 1 · management 6 · ownership 3 · accounts 1
- CapitalShare capital changed from 500,000 DKK to 600,000 DKK
- ManagementSarah Emilie Müllertz appointed chair of the board
- ManagementChristina Neustrup Trudslev appointed board member
- ManagementJacob Spangenberg stepped down as board member
- ManagementChristian Elneff Bonnesen stepped down as chair of the board
- ManagementCamilla Ramstrup stepped down as board member
- OwnershipSarah Müllertz Holding ApS registered as owner (100%)
- OwnershipCAMILLA RAMSTRUP HOLDING ApS is no longer registered as owner
- ManagementSarah Emilie Müllertz stepped down as board member
- OwnershipSarah Müllertz Holding ApS is no longer registered as owner
- AccountsAnnual report for 2019 published
20198 changesaddress 2 · management 6
- AddressMoved to Store Strandstræde 20, kl. 1, 1255 København K
- AddressMoved to Charlottenlund Stationsplads 1, 2, 2920 Charlottenlund
- ManagementAnnette Pia Larsen appointed board member
- ManagementJacob Spangenberg appointed board member
- ManagementChristian Elneff Bonnesen appointed chair of the board
- ManagementCamilla Ramstrup appointed board member
- ManagementCamilla Ramstrup stepped down as chair of the board
- ManagementChristian Elneff Bonnesen stepped down as board member
20184 changescapital 1 · ownership 2 · address 1
- CapitalShare capital changed from 75,000 DKK to 500,000 DKK
- OwnershipCAMILLA RAMSTRUP HOLDING ApS registered as owner (66.67%)
- OwnershipCAMILLA RAMSTRUP HOLDING ApS is no longer registered as owner
- AddressMoved to Strandvejen 70, 2, 2900 Hellerup
201614 changesownership 8 · address 1 · capital 1 · management 4
- OwnershipSarah Müllertz Holding ApS registered as owner (25%)
- OwnershipSARAH MÜLLERTZ HOLDING ApS registered as owner (50%)
- OwnershipSARAH MÜLLERTZ HOLDING ApS is no longer registered as owner
- OwnershipSARAH MÜLLERTZ HOLDING ApS is no longer registered as owner
- AddressMoved to Svanevænget 12, 2100 København Ø
- CapitalShare capital changed from 50,000 DKK to 75,000 DKK
- ManagementSarah Emilie Müllertz appointed ceo
- ManagementCamilla Ramstrup appointed chair of the board
- ManagementPeter Egebjerg-Rantzau stepped down as ceo
- ManagementPeter Egebjerg-Rantzau stepped down as chair of the board
- OwnershipCAMILLA RAMSTRUP HOLDING ApS registered as owner (50%)
- OwnershipSARAH MÜLLERTZ HOLDING ApS registered as owner (50%)
- OwnershipSARAH MÜLLERTZ HOLDING ApS is no longer registered as owner
- OwnershipPetrant ApS is no longer registered as owner
20158 changesaddress 1 · ownership 2 · founded 1 · management 4
- AddressMoved to Brede 60, 2800 Kgs. Lyngby
- OwnershipSARAH MÜLLERTZ HOLDING ApS registered as owner (50%)
- OwnershipPetrant ApS registered as owner (50%)
- FoundedRegistered as KINRADEN ApS
- ManagementPeter Egebjerg-Rantzau appointed ceo
- ManagementChristian Elneff Bonnesen appointed board member
- ManagementSarah Emilie Müllertz appointed board member
- ManagementPeter Egebjerg-Rantzau appointed chair of the board
Related companies
Same industry in København
- Pandora A/S1,238 employees
- Shamballa Jewels A/S34 employees
- Beadhouse ApS22 employees
- Dulong Fine Jewelry A/S18 employees
- Monies A/S14 employees
- Orit Elhanati ApS7 employees
Same people in management
- Gilleleje Brugsforeningvia Jacob Spangenberg
- Sportmaster Danmark ApSvia Bo Bendixen
- Mazanti-andersen Advokatpartnerselskabvia Christian Elneff Bonnesen
- Nitor Energy A/Svia Christian Elneff Bonnesen
- Gartneriet Pkm A/Svia Christian Elneff Bonnesen
- New Nordic Manufacturing ApSvia Ditte Søndergaard Bihorac
Largest in the industry
- Pandora A/SDKK 25.7bn
- Shamballa Jewels A/SDKK 43.7m
- Bnh Kædevarer ApSDKK 35.4m
- Camille Brinch Jewellery ApSDKK 14m
- Monies A/SDKK 11.6m
- Diamonds By von Arenstorff ApSDKK 6.5m
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.