Normal A/S
Public limited companyCVR 34883793SkanderborgActive
Normal A/S is a public limited company, based in Skanderborg, active in retail sale of cosmetic and toilet articles, founded in 2012. Net profit rose 33% from 2024 to 2025, ending at DKK 897.2m. Measured by gross profit, it ranks no. 1 of 106 companies in the industry in the database. Profit has grown three years in a row.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 24% (2024 → 2025), to DKK 4.3bn.
- Revenue rose 26% (2024 → 2025), to DKK 15.2bn.
- Net profit rose 33% (2024 → 2025), to DKK 897.2m.
- Equity rose 37% (2024 → 2025), to DKK 2.5bn.
Employees
- 363 more employees than a year earlier: 5,167 (07/2026) against 4,804 (07/2025).
Management and owners, last 24 months
- New in management: Jakob Frølich Maarbjerg (director, 06/03/2025).
- Stepped down: Jesper Nakskov Due (director, 06/03/2025).
Registrations, last 24 months
- 01/01/2025: Industry changed to Retail sale of cosmetic and toilet articles (477500)
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | 2,313,417 | 2,961,157 | 4,454,027 | 8,641,840 | 12,066,831 | 15,171,525 | +25.7% |
| Gross profit | 447,735 | 594,649 | 795,530 | 2,409,234 | 3,429,266 | 4,258,366 | +24.2% |
| Operating profit (EBIT) | 145,551 | 233,469 | 293,305 | 761,834 | 909,193 | 1,201,872 | +32.2% |
| Profit before tax | 190,251 | 326,528 | 526,378 | 761,375 | 865,580 | 1,158,564 | +33.8% |
| Net profit | 157,792 | 274,930 | 463,238 | 597,407 | 676,692 | 897,154 | +32.6% |
| Total assets | 1,006,364 | 1,476,040 | 2,118,176 | 3,694,522 | 4,970,368 | 5,939,275 | +19.5% |
| Equity | 303,669 | 581,711 | 1,005,732 | 1,573,559 | 1,826,637 | 2,507,612 | +37.3% |
| Liabilities | 681,720 | 875,916 | 1,097,591 | 2,111,367 | 3,081,769 | 3,431,663 | +11.4% |
| Cash and cash equivalents | 12,614 | 22,601 | 28,874 | 110,314 | 51,877 | 89,312 | +72.2% |
| Average number of employees | 661 | 782 | 1,270 | 4,658 | 6,883 | 2,269 | −67% |
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
Signals from the financial statements
calculated from the 2025 figuresFewer employees
The number of employees fell 67% from 6,883 in 2024 to 2,269 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.
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| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/08/2024 – 31/07/2025 | 03/11/2025 | The group | PDF not statedXBRL |
| 2024 | 01/08/2023 – 31/07/2024 | 15/11/2024 | The group | PDFXBRL |
| 2023 | 01/08/2022 – 31/07/2023 | 24/11/2023 | The group | PDFXBRL |
| 2022 | 01/08/2021 – 31/07/2022 | 06/01/2023 | The company | PDFXBRL |
| 2021 | 01/08/2020 – 31/07/2021 | 22/11/2021 | The company | PDFXBRL |
| 2020 | 01/08/2019 – 31/07/2020 | 27/11/2020 | 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
107 companies in the databaseComparison with the other companies in retail sale of cosmetic and toilet articles based on the latest financial year.
Industry median: gross profit DKK 1.1m, net profit DKK 105k, equity DKK 651k, 2 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 1,000 employees or more177 companies in the comparison | No. 20of 147 Better than 87% | No. 50of 177 Better than 72% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 3of 33,588 Better than 100% | No. 37of 33,687 Better than 100% |
| All companies of type A/S18,025 companies in the comparison | No. 33of 17,786 Better than 100% | No. 192of 18,024 Better than 99% |
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 cosmetic and toilet articles- Normal A/SDKK 4.3bn
- Matas Operations A/SDKK 2.2bn
- Gebr. Heinemann Retail ApSDKK 119m
- Normal A/SDKK 897.2m
- Matas Operations A/SDKK 145.3m
- Gebr. Heinemann Retail ApSDKK 21.9m
- Normal A/SDKK 2.5bn
- Matas Operations A/SDKK 1.6bn
- Gebr. Heinemann Retail ApSDKK 72.9m
- Normal A/S5,167
- Matas Operations A/S3,255
- Gebr. Heinemann Retail ApS269
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Aktieselskabet af 1.12.2016100%
Management
5 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Jakob Frølich Maarbjerg | Director | 06/03/2025 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Lise Kaae | Board member | 01/10/2014 |
| Paul Brian McGreevy | Board member | 26/04/2017 |
| Torben Østergaard Mouritsen | Chair of the board | 10/06/2024 |
| Jan Dal Lehrmann | Board member | 10/06/2024 |
- Founders
- Tmou Holding ApS
Former management (7)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Torben Østergaard Mouritsen | Director | 12/12/2012 | 10/06/2024 |
| Torben Østergaard Mouritsen | Board member | 26/08/2013 | 09/06/2024 |
| Bo Evald Kristensen | Board member | 26/08/2013 | 25/06/2015 |
| Bo Evald Kristensen | Director | 26/08/2013 | 23/09/2016 |
| Jan Dal Lehrmann | Chair of the board | 26/08/2013 | 09/06/2024 |
| Steen Overholdt Hansen | Director | 23/09/2016 | 10/06/2024 |
| Jesper Nakskov Due | Director | 10/06/2024 | 06/03/2025 |
Signing rule: Selskabet tegnes af én direktør sammen med ét bestyrelsesmedlem eller af den samlede bestyrelse.
Address and production units
184 active production unitsGodthåbsvej 41
8660 Skanderborg
| Production unit | Address | Employees | P number |
|---|---|---|---|
| Normal A/S - Warehouse Hedensted | Kildeparken 50, 8722 Hedensted | 542 | 1029219180 |
| NORMAL A/S HQ | Godthåbsvej 41, 8660 Skanderborg | 485 | 1019488116 |
| Normal A/S - Warehouse Horsens | Egeskovvej 15, Tolstrup, 8700 Horsens | 253 | 1023596586 |
| Normal A/S - Aarhus, Søndergade | Søndergade 39, st, 8000 Aarhus C | 61 | 1026266277 |
| NORMAL A/S - Ballerup | Ballerup-Centret 2, 1. 7, 2750 Ballerup | 52 | 1019794152 |
| Normal A/S - Århus, Telefontorvet | Telefontorvet 10, 8000 Aarhus C | 52 | 1023543008 |
| NORMAL A/S - Fields | Arne Jacobsens Allé 20, 2300 København S | 50 | 1020349723 |
| Normal A/S - Odense, Rosengårdcenteret | Ørbækvej 75A, 5220 Odense SØ | 49 | 1022631280 |
| Normal A/S - Amager Centret | Reberbanegade 3, 2300 København S | 48 | 1020887156 |
| Normal A/S - Bruuns Galleri | M.P. Bruuns Gade 25, 8000 Aarhus C | 47 | 1020887199 |
| NORMAL A/S Aalborg | Algade 19, 9000 Aalborg | 46 | 1019313286 |
| NORMAL A/S - Aalborg Storcenter | Hobrovej 450-452, 9200 Aalborg SV | 43 | 1020012842 |
| NORMAL A/S - Fisketorvet | Kalvebod Brygge 59, 1560 København V | 43 | 1020349731 |
| Normal A/S - Strøget København | Nygade 1, 1164 København K | 41 | 1021716231 |
| Normal A/S - København, Nørreport St | Frederiksborggade 15, 1360 København K | 40 | 1029204671 |
Showing 15 of 184 units (sorted by employees).
Purpose
Selskabets formål er at drive virksomhed med primært nonfoodvarer, samt virksomhed der står i forbindelse hermed.
The purpose is quoted from the register in Danish.
Changes year by year
55 registered events20254 changesaccounts 1 · management 2 · industry 1
- AccountsAnnual report for 2025 published
- ManagementJakob Frølich Maarbjerg appointed director
- ManagementJesper Nakskov Due stepped down as director
- IndustryIndustry changed to Retail sale of cosmetic and toilet articles (477500)
20248 changesaccounts 1 · management 7
- AccountsAnnual report for 2024 published
- ManagementJesper Nakskov Due appointed director
- ManagementTorben Østergaard Mouritsen appointed chair of the board
- ManagementJan Dal Lehrmann appointed board member
- ManagementSteen Overholdt Hansen stepped down as director
- ManagementTorben Østergaard Mouritsen stepped down as director
- ManagementJan Dal Lehrmann stepped down as chair of the board
- ManagementTorben Østergaard Mouritsen stepped down as board member
20232 changesaccounts 2
- AccountsAnnual report for 2023 published
- AccountsAnnual report for 2022 published
20211 changeaccounts 1
- AccountsAnnual report for 2021 published
20201 changeaccounts 1
- AccountsAnnual report for 2020 published
20191 changeaddress 1
- AddressMoved to Godthåbsvej 41, 8660 Skanderborg
20171 changemanagement 1
- ManagementPaul Brian McGreevy appointed board member
20168 changesownership 5 · management 2 · address 1
- OwnershipAktieselskabet af 1.12.2016 registered as owner (100%)
- OwnershipLEHRMANN FAMILY ApS is no longer registered as owner
- OwnershipTMOU HOLDING ApS is no longer registered as owner
- OwnershipBOK INVEST ApS is no longer registered as owner
- OwnershipAKTIESELSKABET AF 17.9.2014 is no longer registered as owner
- ManagementSteen Overholdt Hansen appointed director
- ManagementBo Evald Kristensen stepped down as director
- AddressMoved to Thomas Helsteds Vej 18, 8660 Skanderborg
201514 changescapital 3 · ownership 8 · name 1 · management 1 · industry 1
- CapitalShare capital changed from 524,309 DKK to 533,333 DKK
- OwnershipLEHRMANN FAMILY ApS registered as owner (10%)
- OwnershipTMOU HOLDING ApS registered as owner (15%)
- OwnershipBOK INVEST ApS registered as owner (15%)
- OwnershipAKTIESELSKABET AF 17.9.2014 registered as owner (33.33%)
- OwnershipTMOU HOLDING ApS is no longer registered as owner
- OwnershipBOK INVEST ApS is no longer registered as owner
- OwnershipAKTIESELSKABET AF 17.9.2014 is no longer registered as owner
- OwnershipLEHRMANN FAMILY ApS is no longer registered as owner
- CapitalShare capital changed from 500,000 DKK to 524,309 DKK
- NameName changed from NORMAL ApS to NORMAL A/S
- CapitalShare capital changed from 258,824 DKK to 500,000 DKK
- ManagementBo Evald Kristensen stepped down as board member
- IndustryIndustry changed to Retail sale of cosmetic and toilet articles (477500)
20148 changescapital 2 · management 1 · ownership 4 · address 1
- CapitalShare capital changed from 200,000 DKK to 258,824 DKK
- ManagementLise Kaae appointed board member
- OwnershipTMOU HOLDING ApS registered as owner (20%)
- OwnershipBOK INVEST ApS registered as owner (25%)
- OwnershipAKTIESELSKABET AF 17.9.2014 registered as owner (25%)
- OwnershipLEHRMANN FAMILY ApS registered as owner (15%)
- CapitalShare capital changed from 198,000 DKK to 200,000 DKK
- AddressMoved to Låsbyvej 18, 8660 Skanderborg
20135 changescapital 1 · management 4
- CapitalShare capital changed from 80,000 DKK to 198,000 DKK
- ManagementBo Evald Kristensen appointed director
- ManagementJan Dal Lehrmann appointed chair of the board
- ManagementTorben Østergaard Mouritsen appointed board member
- ManagementBo Evald Kristensen appointed board member
20122 changesfounded 1 · management 1
- FoundedRegistered as NORMAL ApS
- ManagementTorben Østergaard Mouritsen appointed director
Related companies
Same people in management
- Novozymes A/Svia Lise Kaae
- Bestseller A/Svia Lise Kaae
- Løvbjerg Supermarked A/Svia Jesper Nakskov Due
- Nemlig.com A/Svia Lise Kaae
- BESTSELLER Stores Denmark A/Svia Lise Kaae
- Eventyrsport A/Svia Torben Østergaard Mouritsen
Largest in the industry
- Matas Operations A/SDKK 2.2bn
- Gebr. Heinemann Retail ApSDKK 119m
- Firtal Web A/SDKK 96.3m
- Rituals Cosmetics Denmark ApSDKK 73.5m
- Luxplus ApSDKK 56m
- Sephora Danmark ApSDKK 42.5m
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 23/10/2026. The company is protected against advertising; contact details are not shown, and the data must not be used for marketing.