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Munthe A/S

Public limited companyCVR 21848182København KActive

Munthe A/S is a public limited company, based in København K, active in industrial design and fashion design, founded in 1999. Net profit rose 84% from 2024 to 2025, ending at DKK 7.2m. Measured by gross profit, it ranks no. 7 of 226 companies in the industry in the database. Operations are spread over 4 production units.

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Key figures · financial year 2025

Gross profitDKK 31.9m+15.7% vs. 2024
Net profitDKK 7.2m+83.7% vs. 2024
EquityDKK 27.7m+4.6% vs. 2024
Employees45latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 16% (2024 → 2025), to DKK 31.9m.
  • Net profit rose 84% (2024 → 2025), to DKK 7.2m.
  • Equity rose 5% (2024 → 2025), to DKK 27.7m.

Employees

  • 4 more employees than a year earlier: 45 (08/2026) against 41 (08/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Industrial design and fashion design (741100)

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 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30mDKK 35m202020212022202320242025
EquityNet profit
Financial figures for Munthe A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit21,88230,92234,22628,80927,54231,867+15.7%
Operating profit (EBIT)8,88716,72215,0509,0327,15410,877+52%
Profit before tax7,55315,14114,3747,0055,0419,257+83.6%
Net profit6,04111,77311,2505,4893,9317,221+83.7%
Total assets32,87237,85749,71444,84448,74745,406−6.9%
Equity20,57824,35135,60228,09126,52227,743+4.6%
Liabilities12,24713,31114,01216,75322,22517,663−20.5%
Cash and cash equivalents6,6237,9332,3152,0242,5623,555+38.8%
Average number of employees262632343332−3%

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 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30mDKK 35m202020212022202320242025
Gross profitMedian, the industry (226 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 Munthe A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202505/03/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202418/03/2025The companyPDFXBRL
202301/01/2023 – 31/12/202302/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202227/01/2023The companyPDFXBRL
202101/01/2021 – 31/12/202128/01/2022The companyPDFXBRL
202001/01/2020 – 31/12/202022/02/2021The 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
010203040506009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

226 companies in the database

Comparison with the other companies in industrial design and fashion design based on the latest financial year.

Gross profitDKK 31.9mNo. 7 of 226
Better than 97% of the companies in the industry
EquityDKK 27.7mNo. 9 of 226
Better than 96% of the companies in the industry
Number of employees45No. 5 of 226
Better than 98% of the companies in the industry

Industry median: gross profit DKK 1.7m, net profit DKK 142k, equity DKK 987k, 3 employees.

DKK 100kDKK 746kDKK 5.6mDKK 41.5mDKK 158.3mHere
Distribution of gross profit for 204 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. 1,196of 9,892
Better than 88%
No. 1,273of 9,922
Better than 87%
Same industry and 20–49 employees23 companies in the comparison
No. 4of 23
Better than 86%
No. 6of 23
Better than 77%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 2,226of 24,791
Better than 91%
No. 3,587of 24,909
Better than 86%
All companies of type A/S18,025 companies in the comparison
No. 4,199of 17,786
Better than 76%
No. 5,157of 18,024
Better than 71%

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

Industrial design and fashion design
Gross profit
  1. Munthe A/SDKK 31.9m
  2. Muuto A/SDKK 309.3m
  3. Maileg ApSDKK 134.6m
Net profit
  1. Munthe A/SDKK 7.2m
  2. Muuto A/SDKK 106.2m
  3. Maileg ApSDKK 93.6m
Equity
  1. Munthe A/SDKK 27.7m
  2. Muuto A/SDKK 473.1m
  3. Maileg ApSDKK 182m
Employees
  1. Munthe A/S45
  2. Muuto A/S140
  3. Maileg ApS37

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
  • Munthe Holding A/S100%
Munthe A/S

Management

4 active registrations

Executive management

Executive management at Munthe A/S
NameRoleAppointed
Naja MuntheDirector01/03/2014

Board of directors

Board of directors at Munthe A/S
NameRoleAppointed
Naja MuntheBoard member15/07/2011
Lars MuntheChair of the board02/01/2017
Morten Joachim ChristensenBoard member20/04/2017
Founders
Naja Munthe, Karen Simonsen
Former management (22)
Former management at Munthe A/S
NameRoleAppointedResigned
Karen SimonsenBoard member25/06/199931/12/2008
Sverre Riis ChristensenBoard member15/09/199925/10/2002
Karen SimonsenDirector15/09/199901/01/2009
David FellahBoard member15/09/199925/10/2002
Inge Harting BodskovBoard member04/06/200317/03/2004
Peter SkovboBoard member21/07/200331/12/2008
Eva Nødskov AaenBoard member17/03/200427/01/2009
Søren HolstChair of the board17/03/200423/06/2006
Inge Harting BodskovDirector17/03/200429/06/2006
Jesper Hjarsø FjordbakBoard member01/01/200915/07/2011
Anne Marie Jensen HolmgaardBoard member01/01/200915/07/2011
Henrik FjordbakDirector01/01/200901/03/2014
Tage NielsenBoard member27/01/200927/01/2009
Bianca Ann Charlott HegedüsBoard member15/07/201101/03/2014
Henrik TheilbjørnChair of the board15/07/201101/03/2014
Kirsten Ditte FjordbakBoard member01/03/201411/08/2014
Henrik FjordbakChair of the board01/03/201411/08/2014
Lars MuntheChair of the board11/08/201431/10/2015
Jon MuntheBoard member11/08/201420/04/2017
Tage NielsenChair of the board02/11/201502/01/2017
Charlotte EgelundBoard member31/05/201602/01/2017
Frank Toft NørgaardCEO01/03/202215/12/2022

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

Address and production units

4 active production units

Danneskiold-Samsøes Allé 13
1434 København K

København Municipality · Postcode 1434

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
munthe plus simonsen IllumØstergade 52, 2, 1100 København K281017866202
MUNTHE A/SBorggade 2, 8000 Aarhus C81009338914
MUNTHE A/SDanneskiold-Samsøes Allé 13, 1434 København K21005250972
MUNTHE a/sStore Regnegade 2, 1110 København K11010452577

Purpose

Selskabets formål er at drive handels-, fabrikations- og anden i forbindelse hermed stående virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

65 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Industrial design and fashion design (741100)
20242 changesaddress 1 · accounts 1
  • Moved to Danneskiold-Samsøes Allé 13, 1434 København K
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20224 changesmanagement 2 · address 1 · accounts 1
  • Frank Toft Nørgaard stepped down as ceo
  • Moved to Danneskiold-Samsøes Allé 13, 1434 København K
  • Frank Toft Nørgaard appointed ceo
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20175 changesmanagement 5
  • Morten Joachim Christensen appointed board member
  • Jon Munthe stepped down as board member
  • Lars Munthe appointed chair of the board
  • Charlotte Egelund stepped down as board member
  • Tage Nielsen stepped down as chair of the board
20161 changemanagement 1
  • Charlotte Egelund appointed board member
20152 changesmanagement 2
  • Tage Nielsen appointed chair of the board
  • Lars Munthe stepped down as chair of the board
201411 changesmanagement 10 · name 1
  • Jon Munthe appointed board member
  • Lars Munthe appointed chair of the board
  • Henrik Fjordbak stepped down as chair of the board
  • Kirsten Ditte Fjordbak stepped down as board member
  • Henrik Fjordbak appointed chair of the board
  • Naja Munthe appointed director
  • Kirsten Ditte Fjordbak appointed board member
  • Bianca Ann Charlott Hegedüs stepped down as board member
  • Henrik Theilbjørn stepped down as chair of the board
  • Henrik Fjordbak stepped down as director
  • Name changed from MUNTHE PLUS SIMONSEN A/S to MUNTHE A/S
20115 changesmanagement 5
  • Bianca Ann Charlott Hegedüs appointed board member
  • Henrik Theilbjørn appointed chair of the board
  • Naja Munthe appointed board member
  • Anne Marie Jensen Holmgaard stepped down as board member
  • Jesper Hjarsø Fjordbak stepped down as board member
20097 changesmanagement 7
  • Tage Nielsen appointed board member
  • Tage Nielsen stepped down as board member
  • Eva Nødskov Aaen stepped down as board member
  • Anne Marie Jensen Holmgaard appointed board member
  • Henrik Fjordbak appointed director
  • Jesper Hjarsø Fjordbak appointed board member
  • Karen Simonsen stepped down as director
20083 changesmanagement 2 · industry 1
  • Peter Skovbo stepped down as board member
  • Karen Simonsen stepped down as board member
  • Industry changed to Industriel design og produktdesign (741010)
20071 changeaddress 1
  • Moved to Grønnegade 10, 2, 1107 København K
20062 changesmanagement 2
  • Inge Harting Bodskov stepped down as director
  • Søren Holst stepped down as chair of the board
20045 changesmanagement 4 · address 1
  • Eva Nødskov Aaen appointed board member
  • Inge Harting Bodskov appointed director
  • Søren Holst appointed chair of the board
  • Inge Harting Bodskov stepped down as board member
  • Moved to Ryesgade 3A, 2, 2200 København N
20034 changesmanagement 2 · ownership 1 · industry 1
  • Peter Skovbo appointed board member
  • Inge Harting Bodskov appointed board member
  • MUNTHE HOLDING A/S registered as owner (100%)
  • Industry changed to Formgivning og industrielt design (748720)
20022 changesmanagement 2
  • Sverre Riis Christensen stepped down as board member
  • David Fellah stepped down as board member
19996 changesindustry 1 · management 4 · founded 1
  • Industry changed to Fremstilling af herre- og dameovertøj (182210)
  • Sverre Riis Christensen appointed board member
  • David Fellah appointed board member
  • Karen Simonsen appointed director
  • Registered as MUNTHE PLUS SIMONSEN A/S
  • Karen Simonsen appointed board member

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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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