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Nine United A/S

Public limited companyCVR 25934458HorsensActive

Nine United A/S is a public limited company, based in Horsens, active in activities of non-financial head offices, founded in 2001. The company went from a profit in 2024 to a loss of DKK 114k in 2025. Operations are spread over 4 production units. Equity fell to DKK 1.6m in 2025.

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Key figures · financial year 2025

RevenueDKK 913k−100% vs. 2024
Net profit−DKK 114k−100.2% vs. 2024
EquityDKK 1.6m−99.9% vs. 2024
Employees62latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 100% (2024 → 2025), to DKK 285k.
  • Revenue fell 100% (2024 → 2025), to DKK 913k.
  • Net profit went from a profit of DKK 71.2m to a loss of DKK 114k (2024 → 2025).
  • Equity fell 100% (2024 → 2025), to DKK 1.6m.

Employees

  • 4 more employees than a year earlier: 62 (08/2026) against 58 (08/2025).

Management and owners, last 24 months

  • New in management: Christian Holm Madsen (director, 23/07/2025), Ole Skovgaard Stürup (director, 23/07/2025) and Anne Marie Düring Lausen (director, 30/11/2024).
  • Stepped down: Mogens Viktor Madsen (director, 30/11/2024) and Anne Marie Düring Lausen (director, 23/07/2025).
  • New owners registered: Anders Holch Povlsen (28/03/2025), Troels Holch Povlsen (28/03/2025) and Niels Holch Povlsen (28/03/2025) (+3).
  • No longer registered as owner: Troels Holch Povlsen (23/03/2025) and Troels Holch Povlsen (27/03/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Activities of non-financial head offices (701010)

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 500mDKK 0DKK 500mDKK 1bnDKK 1.5bnDKK 2bnDKK 2.5bn202020212022202320242025
EquityNet profit
Financial figures for Nine United A/S
202020212022202320242025Change
Revenue621,2811,662,3302,201,3432,173,0981,975,166913−100%
Gross profit113,768335,683460,537411,022358,742285−99.9%
Operating profit (EBIT)−23,08568,70859,414−35,44166,30067−99.9%
Profit before tax454,280224,996−9,748−571127,455130−99.9%
Net profit448,340167,425−35,714−42,65871,247−114−100.2%
Total assets3,379,7413,773,5043,887,3963,713,4753,017,8002,704−99.9%
Equity2,471,9142,619,7342,711,7392,515,5261,768,6981,636−99.9%
Liabilities907,8271,153,7701,173,1741,194,2641,243,3601,029−99.9%
Cash and cash equivalents136,022142,267162,857260,955179,517176−99.9%
Average number of employees337496740713672241−64.1%

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; 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 100mDKK 200mDKK 300mDKK 400mDKK 500m202020212022202320242025
Gross profitMedian, the industry (310 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 100% from 2024 to 2025 (DKK 1.8bn to DKK 1.6m).

    How is this calculated?

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

  • Fewer employees

    The number of employees fell 64% from 672 in 2024 to 241 in 2025.

    How is this calculated?

    The number of employees according to the annual report has fallen by at least 25%, and was at least 10 the year before.

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 Nine United A/S
Financial yearPeriodPublishedFigures forDocuments
202501/08/2024 – 31/07/202528/11/2025The groupPDF not statedXBRL
202401/08/2023 – 31/07/202422/11/2024The groupPDFXBRL
202301/08/2022 – 31/07/202329/11/2023The groupPDFXBRL
202201/08/2021 – 31/07/202228/11/2022The groupPDFXBRL
202101/08/2020 – 31/07/202119/11/2021The groupPDFXBRL
202001/08/2019 – 31/07/202003/12/2020The groupPDFXBRL

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

310 companies in the database

Comparison with the other companies in activities of non-financial head offices based on the latest financial year.

Gross profitDKK 285kNo. 231 of 276
Better than 16% of the companies in the industry
EquityDKK 1.6mNo. 286 of 310
Better than 8% of the companies in the industry
Number of employees62No. 64 of 310
Better than 80% of the companies in the industry

Industry median: gross profit DKK 31.9m, net profit DKK 3.9m, equity DKK 179.4m, 49 employees.

DKK 100kDKK 2.7mDKK 75.2mDKK 2.1bnDKK 18.8bnHere
Distribution of gross profit for 235 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 50–199 employees4,467 companies in the comparison
No. 4,303of 4,412
Better than 2%
No. 3,811of 4,466
Better than 15%
Same industry and 50–199 employees71 companies in the comparison
No. 57of 60
Better than 5%
No. 67of 71
Better than 6%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 21,548of 24,791
Better than 13%
No. 15,650of 24,909
Better than 37%
All companies of type A/S18,025 companies in the comparison
No. 16,289of 17,786
Better than 8%
No. 15,016of 18,024
Better than 17%

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

Activities of non-financial head offices
Gross profit
  1. Nine United A/SDKK 285k
  2. LEGO A/SDKK 56.6bn
  3. Demant A/SDKK 17.4bn
Net profit
  1. Nine United A/S−DKK 114k
  2. LEGO A/SDKK 16.7bn
  3. Demant A/SDKK 1.5bn
Equity
  1. Nine United A/SDKK 1.6m
  2. LEGO A/SDKK 49.3bn
  3. Demant A/SDKK 9.9bn
Employees
  1. Nine United A/S62
  2. LEGO A/S5
  3. Demant A/S58

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
  • Troels Holch Povlsen10% · 66.67% votes
  • Niels Holch Povlsen20% · 5% votes
  • Emily Vermeeren Povlsen20% · 0% votes
  • Theodor Vermeeren Povlsen20% · 0% votes
Nine United A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

6 active registrations

Executive management

Executive management at Nine United A/S
NameRoleAppointed
Christian Holm MadsenDirector23/07/2025
Ole Skovgaard StürupDirector23/07/2025

Board of directors

Board of directors at Nine United A/S
NameRoleAppointed
Anders Holch PovlsenBoard member23/02/2001
Merete Bech PovlsenBoard member23/02/2001
Niels Holch PovlsenBoard member23/02/2001
Troels Holch PovlsenChair of the board01/03/2011
Former management (5)
Former management at Nine United A/S
NameRoleAppointedResigned
Troels Holch PovlsenDirector23/02/200101/03/2011
Poul Bækgaard LaursenBoard member23/02/200115/11/2018
Anne Marie Düring LausenDirector01/03/201119/12/2019
Mogens Viktor MadsenDirector19/12/201930/11/2024
Anne Marie Düring LausenDirector30/11/202423/07/2025

Signing rule: Selskabet tegnes af direktionen i forening, af formanden for bestyrelsen alene eller af den samlede bestyrelse i forening.

Address and production units

4 active production units

Havnen 1
8700 Horsens

Horsens Municipality · Postcode 8700

Other companies at the address (5)

Production units
Production unitAddressEmployeesP number
NINE UNITED A/SHavnen 1, 8700 Horsens621008322615
Nine United A/SKronprinsessegade 4, 1306 København K11028294871
Nine United A/SFredericiagade 21, st. tv, 1310 København K11027593794
Nine United - Søndergade 34Søndergade 34, 8700 Horsens–1021964510

Purpose

Selskabets formål er handel og fabrikation, investering og finansiering.

The purpose is quoted from the register in Danish.

Changes year by year

41 registered events
202513 changesaccounts 1 · management 3 · ownership 8 · industry 1
  • Annual report for 2025 published
  • Christian Holm Madsen appointed director
  • Ole Skovgaard Stürup appointed director
  • Anne Marie Düring Lausen stepped down as director
  • Troels Holch Povlsen registered as owner (10%)
  • Emily Vermeeren Povlsen registered as owner (20%)
  • Theodor Vermeeren Povlsen registered as owner (20%)
  • Anders Holch Povlsen registered as owner (0%)
  • Niels Holch Povlsen registered as owner (20%)
  • Troels Holch Povlsen is no longer registered as owner
  • Troels Holch Povlsen registered as owner (100%)
  • Troels Holch Povlsen is no longer registered as owner
  • Industry changed to Activities of non-financial head offices (701010)
20243 changesmanagement 2 · accounts 1
  • Anne Marie Düring Lausen appointed director
  • Mogens Viktor Madsen stepped down as director
  • Annual report for 2024 published
20231 changeaccounts 1
  • Annual report for 2023 published
20221 changeaccounts 1
  • Annual report for 2022 published
20211 changeaccounts 1
  • Annual report for 2021 published
20201 changeaccounts 1
  • Annual report for 2020 published
20192 changesmanagement 2
  • Mogens Viktor Madsen appointed director
  • Anne Marie Düring Lausen stepped down as director
20182 changesmanagement 1 · address 1
  • Poul Bækgaard Laursen stepped down as board member
  • Moved to Havnen 1, 8700 Horsens
20161 changename 1
  • Name changed from MTHP A/S to NINE UNITED A/S
20131 changeindustry 1
  • Industry changed to Activities of non-financial head offices (701010)
20121 changemerger 1
  • Merger registered in CVR
20113 changesmanagement 3
  • Troels Holch Povlsen appointed chair of the board
  • Anne Marie Düring Lausen appointed director
  • Troels Holch Povlsen stepped down as director
20091 changeaddress 1
  • Moved to Havnen 1, 8700 Horsens
20071 changeaddress 1
  • Moved to Fredskovvej 5, 7330 Brande
20021 changemerger 1
  • Merger registered in CVR
20018 changesaddress 1 · founded 1 · management 5 · ownership 1
  • Moved to Fredskovvej 5,
  • Registered as MTHP A/S
  • Anders Holch Povlsen appointed board member
  • Poul Bækgaard Laursen appointed board member
  • Troels Holch Povlsen appointed director
  • Merete Bech Povlsen appointed board member
  • Niels Holch Povlsen appointed board member
  • Troels Holch Povlsen registered as owner (100%)

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Same people in management

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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.

View in CVRReport a correction