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Olino A/S

Public limited companyCVR 34364613Odense SØActive

Olino A/S is a public limited company, based in Odense SØ, active in manufacture of workwear, founded in 1971. The company went from a profit in 2024 to a loss of DKK 7.8m in 2025. Equity fell to DKK 18.4m in 2025. The company has existed for over 50 years.

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Key figures · financial year 2025

RevenueDKK 23.2m
Net profit−DKK 7.8m−446.2% vs. 2024
EquityDKK 18.4m−29.5% vs. 2024
Employees19latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 73% (2024 → 2025), to DKK 4.5m.
  • Net profit went from a profit of DKK 2.3m to a loss of DKK 7.8m (2024 → 2025).
  • Equity fell 30% (2024 → 2025), to DKK 18.4m.

Employees

  • 1 more employees than a year earlier: 19 (08/2026) against 18 (08/2025).

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 10m−DKK 5mDKK 0DKK 5mDKK 10mDKK 15mDKK 20mDKK 25mDKK 30m202020212022202320242025
EquityNet profit
Financial figures for Olino A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot stated23,155–
Gross profit12,8468,76021,45318,14216,9114,500−73.4%
Operating profit (EBIT)576−52110,0224,8533,832−7,902−306.2%
Profit before tax108−9079,6752,7662,846−9,696−440.7%
Net profit90−6957,5552,1622,257−7,813−446.2%
Total assets39,18735,74042,57945,86043,70535,714−18.3%
Equity20,88720,20727,76723,92126,15518,435−29.5%
Liabilities17,84215,28714,38021,37416,88317,279+2.3%
Cash and cash equivalents1,0871,77010,325150496112−77.5%
Average number of employees19191923230−100%

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: 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 20m202020212022202320242025
Gross profitMedian, the industry (6 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Fewer employees

    The number of employees fell 100% from 23 in 2024 to 0 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 Olino A/S
Financial yearPeriodPublishedFigures forDocuments
202501/10/2024 – 30/09/202531/03/2026The companyPDF not statedXBRL
202401/10/2023 – 30/09/202416/12/2024The companyPDFXBRL
202301/10/2022 – 30/09/202318/12/2023The companyPDFXBRL
202201/10/2021 – 30/09/202220/12/2022The companyPDFXBRL
202101/10/2020 – 30/09/202103/01/2022The companyPDFXBRL
202001/10/2019 – 30/09/202016/12/2020The 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
05101520253009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

6 companies in the database

Comparison with the other companies in manufacture of workwear based on the latest financial year.

Gross profitDKK 4.5mNo. 5 of 6
Better than 20% of the companies in the industry
EquityDKK 18.4mNo. 4 of 6
Better than 40% of the companies in the industry
Number of employees19No. 5 of 6
Better than 20% of the companies in the industry

Industry median: gross profit DKK 16.6m, net profit DKK 6.7m, equity DKK 24.9m, 17 employees.

Compared with similar companies

size, age and company form
Rank among similar companies
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 15,107of 69,742
Better than 78%
No. 6,106of 69,964
Better than 91%
Companies that are at least 30 years old10,276 companies in the comparison
No. 5,869of 10,152
Better than 42%
No. 3,550of 10,275
Better than 65%
All companies of type A/S18,025 companies in the comparison
No. 12,369of 17,786
Better than 30%
No. 6,472of 18,024
Better than 64%

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 workwear
Gross profit
  1. Olino A/SDKK 4.5m
  2. Mascot International A/SDKK 1.3bn
  3. The Cotton Group A/SDKK 904.7m
Net profit
  1. Olino A/S−DKK 7.8m
  2. Mascot International A/SDKK 462.5m
  3. The Cotton Group A/SDKK 176.8m
Equity
  1. Olino A/SDKK 18.4m
  2. Mascot International A/SDKK 2.1bn
  3. The Cotton Group A/SDKK 613.8m
Employees
  1. Olino A/S19
  2. Mascot International A/S546
  3. The Cotton Group A/S3

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
  • Aktieselskabet af 5. August 196190%
  • LK Holding Odense ApS10%
Olino A/S

Management

4 active registrations

Executive management

Executive management at Olino A/S
NameRoleAppointed
Lars KølbækCEO12/01/2004

Board of directors

Board of directors at Olino A/S
NameRoleAppointed
Søren GramChair of the board14/12/2017
Knud Erik Banke KristensenBoard member13/12/2019
Steen BorreBoard member15/12/2023
Former management (10)
Former management at Olino A/S
NameRoleAppointedResigned
Søren GramBoard member29/10/197113/12/2017
Kristian Rudolph RasmussenBoard member29/10/197121/06/1993
Kristian Rudolph RasmussenDirector29/10/197121/06/1993
Kirsten LethChair of the board17/05/200120/05/2003
Birthe Emmy GramBoard member20/05/200312/01/2004
Paul GramBoard member12/01/200415/12/2023
Paul GramDirector12/01/200415/03/2004
Kurt ChristiansenChair of the board12/01/200413/12/2017
Kurt ChristiansenBoard member14/12/201729/01/2019
Jesper Ib PaulsenBoard member14/12/201711/06/2020

Signing rule: Selskabet tegnes af 2 medlemmer af bestyrelsen eller af den administrerende direktør i forening med 1 bestyrelsesmedlem.

Address and production units

2 active production units

Peder Skrams Vej 11
5220 Odense SØ

Odense Municipality · Postcode 5220

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
OLINO A/SPeder Skrams Vej 11, 5220 Odense SØ181001719080
Olino CPH - Uniform centerPetersdalvej 1A, 3, 2770 Kastrup11008118295

Purpose

Selskabets formål er at designe, fabrikere og sælge konfektion og dermed beslægtede produkter. Endvidere er selskabets formål finansiering og administration.

The purpose is quoted from the register in Danish.

Changes year by year

39 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20241 changeaccounts 1
  • Annual report for 2024 published
20233 changesaccounts 1 · management 2
  • Annual report for 2023 published
  • Steen Borre appointed board member
  • Paul Gram stepped down as board member
20222 changesaccounts 2
  • Annual report for 2022 published
  • Annual report for 2021 published
20202 changesaccounts 1 · management 1
  • Annual report for 2020 published
  • Jesper Ib Paulsen stepped down as board member
20193 changesmanagement 2 · ownership 1
  • Knud Erik Banke Kristensen appointed board member
  • LK HOLDING ODENSE ApS registered as owner (10%)
  • Kurt Christiansen stepped down as board member
20181 changeaddress 1
  • Moved to Peder Skrams Vej 11, 5220 Odense SØ
20175 changesmanagement 5
  • Kurt Christiansen appointed board member
  • Søren Gram appointed chair of the board
  • Jesper Ib Paulsen appointed board member
  • Kurt Christiansen stepped down as chair of the board
  • Søren Gram stepped down as board member
20141 changeownership 1
  • AKTIESELSKABET AF 5. AUGUST 1961 registered as owner (90%)
20091 changename 1
  • Name changed from OLINO-KONFEKTION A/S to OLINO A/S
20047 changescapital 1 · management 6
  • Share capital changed from 500,000 DKK to 2,000,000 DKK
  • Paul Gram stepped down as director
  • Kurt Christiansen appointed chair of the board
  • Paul Gram appointed board member
  • Paul Gram appointed director
  • Lars Kølbæk appointed ceo
  • Birthe Emmy Gram stepped down as board member
20032 changesmanagement 2
  • Birthe Emmy Gram appointed board member
  • Kirsten Leth stepped down as chair of the board
20021 changeaddress 1
  • Moved to Peder Skrams Vej 11A, 5220 Odense SØ
20011 changemanagement 1
  • Kirsten Leth appointed chair of the board
20001 changeindustry 1
  • Industry changed to Fremstilling af arbejdsbeklædning (182100)
19961 changecapital 1
  • Share capital changed from 300,000 DKK to 500,000 DKK
19932 changesmanagement 2
  • Kristian Rudolph Rasmussen stepped down as board member
  • Kristian Rudolph Rasmussen stepped down as director
19714 changesfounded 1 · management 3
  • Registered as OLINO-KONFEKTION A/S
  • Kristian Rudolph Rasmussen appointed board member
  • Kristian Rudolph Rasmussen appointed director
  • Søren Gram appointed board member

Related companies

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.

View in CVRReport a correction