Online Textile Solutions A/S

Public limited companyCVR 42718092IkastActive

Online Textile Solutions A/S is a public limited company, based in Ikast, active in wholesale of clothing, founded in 2021. Equity was negative at the end of 2025 (−DKK 5.4m). The company made a loss in both 2024 and 2025, most recently DKK 14.6m. 4 other companies in the database are registered at the same address.

PDF report Compare

Key figures · financial year 2025

Gross profit−DKK 6.2m−1,107.6% vs. 2024

Net profit−DKK 14.6m−74.1% vs. 2024

Equity−DKK 5.4m+63.3% vs. 2024

Employees8latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit fell 1,108% (2024 → 2025), to −DKK 6.2m.
The loss grew: from DKK 8.4m to DKK 14.6m (2024 → 2025).

Employees

2 fewer employees than a year earlier: 8 (07/2026) against 10 (07/2025).

Management and owners, last 24 months

New owners registered: Thygesen Textile Group A/S (30/11/2025).
No longer registered as owner: Thygesen Textile Group A/S (29/11/2025) and Niklas Linnebjerg Holding ApS (30/11/2025).

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 2021–2025 · amounts in DKK thousand

Equity and net profit

EquityNet profit

Financial figures for Online Textile Solutions A/S
	2021	2022	2023	2024	2025	Change
Revenue	not stated	not stated	not stated	not stated	not stated	–
Gross profit	−108	1,870	209	617	−6,220	−1,107.6%
Operating profit (EBIT)	−276	−899	−4,985	−6,879	−12,926	−87.9%
Profit before tax	−278	−1,169	−6,578	−8,622	−15,148	−75.7%
Net profit	−217	−1,081	−6,382	−8,376	−14,580	−74.1%
Total assets	904	22,957	49,683	40,854	30,467	−25.4%
Equity	783	−349	−6,717	−14,732	−5,413	+63.3%
Liabilities	120	23,306	56,400	55,586	35,880	−35.5%
Cash and cash equivalents	17	556	51	52	52	−0%
Average number of employees	1	4	11	12	10	−16.7%

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 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

Compare with the industry (356 companies)

Gross profitMedian, the industry (356 companies)

Signals from the financial statements

calculated from the 2025 figures

Negative equity
Equity was −DKK 5.4m at the end of 2025.
How is this calculated?
Equity in the latest annual report is below zero.
Loss for 5 years in a row
Net result has been negative in 2021–2025.
How is this calculated?
Net result is negative in the two or more 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

5 financial years

Annual reports for Online Textile Solutions A/S
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	11/05/2026	The company	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	22/05/2025	The company	PDF XBRL
2023	01/01/2023 – 31/12/2023	24/05/2024	The company	PDF XBRL
2022	01/01/2022 – 31/12/2022	23/05/2023	The company	PDF XBRL
2021	23/09/2021 – 31/12/2021	17/05/2022	The company	PDF XBRL

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

Employees

Position in the industry

356 companies in the database

Comparison with the other companies in wholesale of clothing based on the latest financial year.

Gross profit−DKK 6.2mNo. 355 of 356

Better than 0% of the companies in the industry

Equity−DKK 5.4mNo. 347 of 356

Better than 3% of the companies in the industry

Number of employees8No. 124 of 356

Better than 65% of the companies in the industry

Industry median: gross profit DKK 3.9m, net profit DKK 258k, equity DKK 3.4m, 5 employees.

Distribution of gross profit for 331 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
Group	Gross profit	Equity
Companies with fewer than 20 employees69,967 companies in the comparison	No. 69,575of 69,742 Better than 0%	No. 69,233of 69,964 Better than 1%
Same industry and fewer than 20 employees258 companies in the comparison	No. 257of 258 Better than 0%	No. 252of 258 Better than 2%
Companies that are between 5 and 14 years old33,688 companies in the comparison	No. 33,457of 33,588 Better than 0%	No. 33,114of 33,687 Better than 2%
All companies of type A/S18,025 companies in the comparison	No. 17,659of 17,786 Better than 1%	No. 17,697of 18,024 Better than 2%

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

Wholesale of clothing

Gross profit

Online Textile Solutions A/S−DKK 6.2m
DK Company A/SDKK 2.9bn
Sports Connection ApSDKK 439.2m

Net profit

Online Textile Solutions A/S−DKK 14.6m
DK Company A/SDKK 309.3m
Sports Connection ApSDKK 315.1m

Equity

Online Textile Solutions A/S−DKK 5.4m
DK Company A/SDKK 1.3bn
Sports Connection ApSDKK 620.5m

Employees

Online Textile Solutions A/S8
DK Company A/S467
Sports Connection ApS76

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

Thygesen Textile Group A/S90%

Online Textile Solutions A/S

Management

4 active registrations

Executive management

Executive management at Online Textile Solutions A/S
Name	Role	Appointed
Niklas Borup Linnebjerg	CEO	23/09/2021

Board of directors

Board of directors at Online Textile Solutions A/S
Name	Role	Appointed
Jens Thygesen	Board member	23/09/2021
Morten Georg Thygesen	Chair of the board	23/09/2021
Michael Nederby	Board member	09/10/2023

Auditor: EY Godkendt Revisionspartnerselskab
Founders: Thygesen Textile Group A/S, Niklas Linnebjerg Holding ApS

Former management (1)

Former management at Online Textile Solutions A/S
Name	Role	Appointed	Resigned
Allan Ruben Nielsen	Board member	23/09/2021	09/10/2023

Signing rule: Virksomheden tegnes af en direktør sammen med bestyrelsesformanden, eller af den samlede bestyrelse.

Address and production units

1 active production units

Tulstrupvej 13
7430 Ikast

Ikast-Brande Municipality · Postcode 7430

Other companies at the address (4)

micare ApSWholesale of cleaning materials
better apparel A/SWholesale of clothing
The Headwear Company A/SWholesale of clothing
Nordic Vision ApSManufacture of outerwear

Production units
Production unit	Address	Industry	Employees	P number
Online Textile Solutions A/S	Tulstrupvej 13, 7430 Ikast	Wholesale of clothing	8	1027583659

Purpose

Virksomhedens formål er at drive virksomhed inden for online salg med tekstilprodukter samt forestå dertil knyttede aktiviteter.

The purpose is quoted from the register in Danish.

Changes year by year

17 registered events

72021

12022

32023

12024

42025

12026

20261 changeaccounts 1

11/05AccountsAnnual report for 2025 published

20254 changesownership 3 · accounts 1

30/11OwnershipTHYGESEN TEXTILE GROUP A/S registered as owner (90%)
30/11OwnershipNiklas Linnebjerg Holding ApS is no longer registered as owner
29/11OwnershipTHYGESEN TEXTILE GROUP A/S is no longer registered as owner
22/05AccountsAnnual report for 2024 published

20241 changeaccounts 1

24/05AccountsAnnual report for 2023 published

20233 changesmanagement 2 · accounts 1

09/10ManagementMichael Nederby appointed board member
09/10ManagementAllan Ruben Nielsen stepped down as board member
23/05AccountsAnnual report for 2022 published

20221 changeaccounts 1

17/05AccountsAnnual report for 2021 published

20217 changesfounded 1 · management 4 · ownership 2

23/09FoundedRegistered as Online Textile Solutions A/S
23/09ManagementAllan Ruben Nielsen appointed board member
23/09ManagementJens Thygesen appointed board member
23/09ManagementMorten Georg Thygesen appointed chair of the board
23/09ManagementNiklas Borup Linnebjerg appointed ceo
23/09OwnershipTHYGESEN TEXTILE GROUP A/S registered as owner (66.67%)
23/09OwnershipNiklas Linnebjerg Holding ApS registered as owner (25%)

Related companies

Same industry in Ikast-Brande

DK Company A/S467 employees
Brands4kids A/S102 employees
BTX Group A/S92 employees
Claire Group A/S55 employees
Redefined Fashion ApS31 employees
X-company ApS20 employees

See all →

Same people in management

Brands4kids A/Svia Michael Nederby
Innflow A/Svia Allan Ruben Nielsen
Thygesen Textile Group A/Svia Jens Thygesen
Thygesen & Birk Fabrics A/Svia Morten Georg Thygesen
better apparel A/Svia Allan Ruben Nielsen
The Headwear Company A/Svia Jens Thygesen

Largest in the industry

See all →

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.

View in CVR Report a correction