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Luxury Goods Denmark A/S

Public limited companyCVR 42605557København KActive

Luxury Goods Denmark A/S is a public limited company, based in København K, active in retail sale of leather goods, founded in 2021. Net profit fell 61% from 2024 to 2025, ending at DKK 2.9m. Measured by gross profit, it ranks no. 4 of 18 companies in the industry in the database. With 24 employees, the company is about 3 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 91.4m−10% vs. 2024
Net profitDKK 2.9m−61% vs. 2024
EquityDKK 62.3m+4.9% vs. 2024
Employees24latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 27% (2024 → 2025), to DKK 20.9m.
  • Revenue fell 10% (2024 → 2025), to DKK 91.4m.
  • Net profit fell 61% (2024 → 2025), to DKK 2.9m.
  • Equity rose 5% (2024 → 2025), to DKK 62.3m.

Employees

  • 5 fewer employees than a year earlier: 24 (07/2026) against 29 (07/2025).

Management and owners, last 24 months

  • New in management: Raffaella Santoro (board member, 15/01/2025), Alvaro Sanchez Rivas (director, 06/04/2025) and Gaëtan Guillaume Louis Fabry (chair of the board, 07/11/2025) (+4).
  • Stepped down: Thomas Elias Møller (board member, 15/01/2025), Matteo Carlo Maria Mascazzini (chair of the board, 30/04/2025) and Philippa Helen Florentin-Lee (director, 06/04/2025) (+4).
  • New owners registered: G Distribution B.V. (15/01/2025).
  • No longer registered as owner: Selskabet af 9. december 2025 A/S (15/01/2025) and G Distribution B.V. (14/01/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Retail sale of leather goods (477220)

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 2022–2025 · amounts in DKK thousand

Equity and net profit

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60m2022202320242025
EquityNet profit
Financial figures for Luxury Goods Denmark A/S
2022202320242025Change
Revenue116,265107,682101,61591,424−10%
Gross profit28,40129,67728,74020,944−27.1%
Operating profit (EBIT)11,18910,8919,0253,245−64%
Profit before tax11,13911,30910,0203,829−61.8%
Net profit8,6188,7537,5202,935−61%
Total assets55,82570,52073,25975,659+3.3%
Equity43,08851,84159,36162,296+4.9%
Liabilities12,73718,67912,88512,328−4.3%
Cash and cash equivalents18,41936,30541,71639,670−4.9%
Average number of employees24272625−3.8%

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 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30m2022202320242025
Gross profitMedian, the industry (18 companies)

Annual reports

4 financial years
Annual reports for Luxury Goods Denmark A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202509/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202424/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202304/07/2024The companyPDFXBRL
202217/08/2021 – 31/12/202217/07/2023The 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
05101520253008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

18 companies in the database

Comparison with the other companies in retail sale of leather goods based on the latest financial year.

Gross profitDKK 20.9mNo. 4 of 18
Better than 82% of the companies in the industry
EquityDKK 62.3mNo. 3 of 18
Better than 88% of the companies in the industry
Number of employees24No. 3 of 18
Better than 88% of the companies in the industry

Industry median: gross profit DKK 3.7m, net profit DKK 235k, equity DKK 1.3m, 8 employees.

DKK 136kDKK 700kDKK 3.6mDKK 18.5mDKK 55.1mHere
Distribution of gross profit for 18 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 20–49 employees9,922 companies in the comparison
No. 2,648of 9,892
Better than 73%
No. 576of 9,922
Better than 94%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 1,919of 33,588
Better than 94%
No. 1,007of 33,687
Better than 97%
All companies of type A/S18,025 companies in the comparison
No. 5,731of 17,786
Better than 68%
No. 3,102of 18,024
Better than 83%

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

Retail sale of leather goods
Gross profit
  1. Luxury Goods Denmark A/SDKK 20.9m
  2. Neye A/SDKK 95m
  3. Louis Vuitton Danmark A/SDKK 85.3m
Net profit
  1. Luxury Goods Denmark A/SDKK 2.9m
  2. Neye A/S−DKK 2.2m
  3. Louis Vuitton Danmark A/SDKK 55.9m
Equity
  1. Luxury Goods Denmark A/SDKK 62.3m
  2. Neye A/SDKK 55.6m
  3. Louis Vuitton Danmark A/SDKK 104.1m
Employees
  1. Luxury Goods Denmark A/S24
  2. Neye A/S400
  3. Louis Vuitton Danmark A/S38

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
  • G Distribution B.V.100%
Luxury Goods Denmark A/S

Management

4 active registrations

Executive management

Executive management at Luxury Goods Denmark A/S
NameRoleAppointed
Alvaro Sanchez RivasDirector06/04/2025

Board of directors

Board of directors at Luxury Goods Denmark A/S
NameRoleAppointed
Raffaella SantoroBoard member15/01/2025
Gaëtan Guillaume Louis FabryChair of the board07/11/2025
Giacomo CarminatiBoard member01/09/2026
Founders
Selskabet af 9. december 2025 A/S
Former management (14)
Former management at Luxury Goods Denmark A/S
NameRoleAppointedResigned
Susanne MøllerChair of the board17/08/202101/10/2021
Thomas Elias MøllerDirector17/08/202101/10/2021
Thomas Elias MøllerBoard member17/08/202115/01/2025
Marius Emil MøllerBoard member17/08/202101/10/2021
Camilla CelliniDirector01/10/202124/11/2022
Martina TommasinBoard member01/10/202122/06/2023
Gianfilippo TestaChair of the board01/10/202129/04/2022
Matteo Carlo Maria MascazziniChair of the board29/04/202230/04/2025
Philippa Helen Florentin-LeeDirector24/11/202206/04/2025
Luca BozzoBoard member22/06/202322/02/2024
Lorenza RivabeneBoard member22/02/202409/01/2026
Alberto ValenteChair of the board30/04/202510/07/2025
Maria Cristina LomantoChair of the board10/07/202507/11/2025
Francesco FalaiBoard member09/01/202601/09/2026

Signing rule: Selskabet tegnes af et bestyrelsesmedlem eller af et bestyrelsesmedlem i forening med en direktør.

Address and production units

1 active production units

Pilestræde 2
1112 København K

København Municipality · Postcode 1112

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
Luxury Goods Denmark A/SPilestræde 2, 1112 København K231027446619

Purpose

Selskabets formål er at drive virksomhed med handel og service samt aktiviteter, der efter bestyrelsens skøn er forbundet hermed.

The purpose is quoted from the register in Danish.

Changes year by year

45 registered events
20265 changesmanagement 4 · accounts 1
  • Giacomo Carminati appointed board member
  • Francesco Falai stepped down as board member
  • Annual report for 2025 published
  • Francesco Falai appointed board member
  • Lorenza Rivabene stepped down as board member
202515 changesmanagement 10 · accounts 1 · ownership 3 · industry 1
  • Gaëtan Guillaume Louis Fabry appointed chair of the board
  • Maria Cristina Lomanto stepped down as chair of the board
  • Maria Cristina Lomanto appointed chair of the board
  • Alberto Valente stepped down as chair of the board
  • Annual report for 2024 published
  • Alberto Valente appointed chair of the board
  • Matteo Carlo Maria Mascazzini stepped down as chair of the board
  • Alvaro Sanchez Rivas appointed director
  • Philippa Helen Florentin-Lee stepped down as director
  • Raffaella Santoro appointed board member
  • Thomas Elias Møller stepped down as board member
  • G Distribution B.V. registered as owner (100%)
  • Selskabet af 9. december 2025 A/S is no longer registered as owner
  • G Distribution B.V. is no longer registered as owner
  • Industry changed to Retail sale of leather goods (477220)
20243 changesaccounts 1 · management 2
  • Annual report for 2023 published
  • Lorenza Rivabene appointed board member
  • Luca Bozzo stepped down as board member
20233 changesaccounts 1 · management 2
  • Annual report for 2022 published
  • Luca Bozzo appointed board member
  • Martina Tommasin stepped down as board member
20224 changesmanagement 4
  • Philippa Helen Florentin-Lee appointed director
  • Camilla Cellini stepped down as director
  • Matteo Carlo Maria Mascazzini appointed chair of the board
  • Gianfilippo Testa stepped down as chair of the board
202115 changescapital 1 · management 10 · ownership 2 · name 1 · founded 1
  • Share capital changed from 400,000 DKK to 400,100 DKK
  • Camilla Cellini appointed director
  • Gianfilippo Testa appointed chair of the board
  • Martina Tommasin appointed board member
  • Thomas Elias Møller stepped down as director
  • Marius Emil Møller stepped down as board member
  • Susanne Møller stepped down as chair of the board
  • G Distribution B.V. registered as owner (50%)
  • Name changed from Gucci Denmark A/S to Luxury Goods Denmark A/S
  • Registered as Gucci Denmark A/S
  • Thomas Elias Møller appointed director
  • Marius Emil Møller appointed board member
  • Thomas Elias Møller appointed board member
  • Susanne Møller appointed chair of the board
  • Selskabet af 9. december 2025 A/S registered as owner (33.33%)

Related companies

Same industry in København

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. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.

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