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Philip Morris ApS

Private limited companyCVR 25797922København KActive

Philip Morris ApS is a private limited company, based in København K, active in wholesale of tobacco products, founded in 2000. Net profit rose 23% from 2024 to 2025, ending at DKK 6.9m. Measured by gross profit, it ranks no. 2 of 13 companies in the industry in the database. Profit has grown three years in a row.

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Key figures · financial year 2025

RevenueDKK 1.7bn+2.6% vs. 2024
Net profitDKK 6.9m+23% vs. 2024
EquityDKK 8.2m−38.4% vs. 2024
Employees88latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 2% (2024 → 2025), to DKK 99.1m.
  • Revenue rose 3% (2024 → 2025), to DKK 1.7bn.
  • Net profit rose 23% (2024 → 2025), to DKK 6.9m.
  • Equity fell 38% (2024 → 2025), to DKK 8.2m.

Employees

  • 3 fewer employees than a year earlier: 88 (08/2026) against 91 (08/2025).

Management and owners, last 24 months

  • New in management: Dimitrios Giannopoulos (board member, 30/06/2025).
  • Stepped down: Tamara Milovanovic (board member, 30/06/2025).

Registrations, last 24 months

  • 21/08/2026: Moved to Gammeltorv 24, 3, 1457 København K

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 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14mDKK 16mDKK 18m202020212022202320242025
EquityNet profit
Financial figures for Philip Morris ApS
202020212022202320242025Change
Revenue1,513,4371,843,8881,347,2741,664,0631,679,5031,723,979+2.6%
Gross profit86,74068,74461,05783,937100,65099,060−1.6%
Operating profit (EBIT)23,70810,5646,79019,32321,82916,170−25.9%
Profit before tax21,9436,4873,3896,4418,23810,143+23.1%
Net profit16,9714,7642,3754,4775,5796,863+23%
Total assets1,163,146962,058678,934530,658494,037517,343+4.7%
Equity18,3904,9543,3297,80513,3848,247−38.4%
Liabilities1,144,756957,104675,605522,852480,652509,096+5.9%
Cash and cash equivalents4,2235,7296,8739,8926,8371,073−84.3%
Average number of employees878476829192+1.1%

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.

Download the figures as CSV · free with an account, amounts in whole DKK

DKK 0DKK 20mDKK 40mDKK 60mDKK 80mDKK 100m202020212022202320242025
Gross profitMedian, the industry (13 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 38% from 2024 to 2025 (DKK 13.4m to DKK 8.2m).

    How is this calculated?

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

  • Low equity ratio

    Equity makes up 2% of total assets in 2025.

    How is this calculated?

    Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.

  • 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 Philip Morris ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202502/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202402/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202303/07/2024The companyPDFXBRL
202201/01/2022 – 31/12/202230/06/2023The companyPDFXBRL
202101/01/2021 – 31/12/202117/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202018/06/2021The 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
02040608010009/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

13 companies in the database

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

Gross profitDKK 99.1mNo. 2 of 13
Better than 92% of the companies in the industry
EquityDKK 8.2mNo. 5 of 13
Better than 67% of the companies in the industry
Number of employees88No. 2 of 13
Better than 92% of the companies in the industry

Industry median: gross profit DKK 3.7m, net profit DKK 549k, equity DKK 3.6m, 5 employees.

DKK 1.6mDKK 8.1mDKK 40.9mDKK 207.7mDKK 613mHere
Distribution of gross profit for 12 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. 680of 4,412
Better than 85%
No. 3,010of 4,466
Better than 33%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 727of 24,791
Better than 97%
No. 7,491of 24,909
Better than 70%
All companies of type ApS66,508 companies in the comparison
No. 308of 66,379
Better than 100%
No. 7,874of 66,505
Better than 88%

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 tobacco products
Gross profit
  1. Philip Morris ApSDKK 99.1m
  2. House Of Prince A/SDKK 1.1bn
  3. Jti Denmark A/SDKK 25m
Net profit
  1. Philip Morris ApSDKK 6.9m
  2. House Of Prince A/SDKK 701m
  3. Jti Denmark A/SDKK 3.2m
Equity
  1. Philip Morris ApSDKK 8.2m
  2. House Of Prince A/SDKK 2.1bn
  3. Jti Denmark A/SDKK 230.1m
Employees
  1. Philip Morris ApS88
  2. House Of Prince A/S148
  3. Jti Denmark A/S19

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
  • Philip Morris Switzerland Sarl100%
Philip Morris ApS

Management

4 active registrations

Executive management

Executive management at Philip Morris ApS
NameRoleAppointed
Kim DevaldCEO01/06/2021

Board of directors

Board of directors at Philip Morris ApS
NameRoleAppointed
Anette Carina RosengrenChair of the board03/05/2019
Kim DevaldBoard member01/06/2021
Dimitrios GiannopoulosBoard member30/06/2025
Founders
FTR Holding S.A
Former management (29)
Former management at Philip Morris ApS
NameRoleAppointedResigned
Jan-Erik Gunnar SvenssonBoard member05/12/200030/05/2003
Philippe Jean Pierre van GilsBoard member05/12/200027/04/2005
Philippe Jean Pierre van GilsDirector05/12/200027/04/2005
Gerrit Leonard de BruinChair of the board05/12/200030/05/2003
Mats Reinhold Olov SjöblomChair of the board30/05/200320/12/2005
Robert WassenaarBoard member30/05/200319/12/2006
Johan Sigurd FrøshaugBoard member27/04/200511/07/2008
Johan Sigurd FrøshaugDirector27/04/200506/02/2007
Augustinus Marinus Lodevicus VerpaalenChair of the board20/12/200519/12/2006
Johannes Gerhardus ArkesChair of the board19/12/200616/02/2010
Mark Greer SaineBoard member19/12/200602/07/2009
Janus Tjørnelund RasmussenDirector06/02/200716/02/2010
Janus Tjørnelund RasmussenBoard member11/07/200802/07/2009
Michael A Saxon Jr.Board member02/07/200929/05/2012
Michael A Saxon Jr.Director16/02/201029/05/2012
Daniel Pierre Alain FahrnyBoard member16/02/201025/08/2014
Colin Douglas HardingChair of the board16/02/201031/03/2010
Artyom ChernisChair of the board19/05/201029/05/2012
Michael Henri GreinBoard member29/05/201218/05/2015
Michael Henri GreinDirector29/05/201218/05/2015
Daniël Petrus Marinus TouwChair of the board29/05/201228/04/2016
Johannes Franciscus Gerardus VroemenBoard member25/08/201402/12/2019
Filippo TorellaBoard member18/05/201525/09/2017
Filippo TorellaCEO18/05/201531/08/2017
Alberto BernardiChair of the board28/04/201603/05/2019
Janus Tjørnelund RasmussenCEO01/09/201701/06/2021
Janus Tjørnelund RasmussenBoard member25/09/201701/06/2021
Stefan BauerBoard member02/12/201930/06/2023
Tamara MilovanovicBoard member30/06/202330/06/2025

Signing rule: Selskabet tegnes af den samlede bestyrelse, af to medlemmer af bestyrelsen i forening eller af en direktør i forening med et bestyrelsesmedlem, der ikke tillige er direktør.

Address and production units

2 active production units

Gammeltorv 24
1457 København K

København Municipality · Postcode 1457

Production units
Production unitAddressEmployeesP number
PHILIP MORRIS ApSGammeltorv 24, 3, 1457 København K881008149751
Heat & BrewKronprinsensgade 6, 1114 København K–1031755782

Purpose

Selskabets formål er at drive virksomhed indenfor handel og industri inden for cigaretter og anden dermed i forbindelse stående virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

76 registered events
20262 changesaddress 1 · accounts 1
  • Moved to Gammeltorv 24, 3, 1457 København K
  • Annual report for 2025 published
20253 changesaccounts 1 · management 2
  • Annual report for 2024 published
  • Dimitrios Giannopoulos appointed board member
  • Tamara Milovanovic stepped down as board member
20241 changeaccounts 1
  • Annual report for 2023 published
20233 changesmanagement 2 · accounts 1
  • Tamara Milovanovic appointed board member
  • Stefan Bauer stepped down as board member
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20215 changesaccounts 1 · management 4
  • Annual report for 2020 published
  • Kim Devald appointed board member
  • Kim Devald appointed ceo
  • Janus Tjørnelund Rasmussen stepped down as board member
  • Janus Tjørnelund Rasmussen stepped down as ceo
20194 changesmanagement 4
  • Stefan Bauer appointed board member
  • Johannes Franciscus Gerardus Vroemen stepped down as board member
  • Anette Carina Rosengren appointed chair of the board
  • Alberto Bernardi stepped down as chair of the board
20181 changeaddress 1
  • Moved to Ørestads Boulevard 108, 3, 2300 København S
20174 changesmanagement 4
  • Janus Tjørnelund Rasmussen appointed board member
  • Filippo Torella stepped down as board member
  • Janus Tjørnelund Rasmussen appointed ceo
  • Filippo Torella stepped down as ceo
20162 changesmanagement 2
  • Alberto Bernardi appointed chair of the board
  • Daniël Petrus Marinus Touw stepped down as chair of the board
20154 changesmanagement 4
  • Filippo Torella appointed ceo
  • Filippo Torella appointed board member
  • Michael Henri Grein stepped down as director
  • Michael Henri Grein stepped down as board member
20142 changesmanagement 2
  • Johannes Franciscus Gerardus Vroemen appointed board member
  • Daniel Pierre Alain Fahrny stepped down as board member
20127 changesaddress 1 · management 6
  • Moved to Weidekampsgade 14A, 3, 2300 København S
  • Michael Henri Grein appointed director
  • Daniël Petrus Marinus Touw appointed chair of the board
  • Michael Henri Grein appointed board member
  • Artyom Chernis stepped down as chair of the board
  • Michael A Saxon Jr. stepped down as director
  • Michael A Saxon Jr. stepped down as board member
20107 changesmanagement 7
  • Artyom Chernis appointed chair of the board
  • Colin Douglas Harding stepped down as chair of the board
  • Colin Douglas Harding appointed chair of the board
  • Michael A Saxon Jr. appointed director
  • Daniel Pierre Alain Fahrny appointed board member
  • Janus Tjørnelund Rasmussen stepped down as director
  • Johannes Gerhardus Arkes stepped down as chair of the board
20095 changesownership 2 · management 3
  • Philip Morris Switzerland Sarl registered as owner (100%)
  • Philip Morris Switzerland Sarl is no longer registered as owner
  • Michael A Saxon Jr. appointed board member
  • Janus Tjørnelund Rasmussen stepped down as board member
  • Mark Greer Saine stepped down as board member
20083 changesaddress 1 · management 2
  • Moved to Teglholm Allé 13, 2450 København SV
  • Janus Tjørnelund Rasmussen appointed board member
  • Johan Sigurd Frøshaug stepped down as board member
20072 changesmanagement 2
  • Janus Tjørnelund Rasmussen appointed director
  • Johan Sigurd Frøshaug stepped down as director
20064 changesmanagement 4
  • Mark Greer Saine appointed board member
  • Johannes Gerhardus Arkes appointed chair of the board
  • Augustinus Marinus Lodevicus Verpaalen stepped down as chair of the board
  • Robert Wassenaar stepped down as board member
20057 changesmanagement 6 · ownership 1
  • Augustinus Marinus Lodevicus Verpaalen appointed chair of the board
  • Mats Reinhold Olov Sjöblom stepped down as chair of the board
  • Philip Morris Switzerland Sarl registered as owner (100%)
  • Johan Sigurd Frøshaug appointed director
  • Johan Sigurd Frøshaug appointed board member
  • Philippe Jean Pierre van Gils stepped down as board member
  • Philippe Jean Pierre van Gils stepped down as director
20034 changesmanagement 4
  • Robert Wassenaar appointed board member
  • Mats Reinhold Olov Sjöblom appointed chair of the board
  • Gerrit Leonard de Bruin stepped down as chair of the board
  • Jan-Erik Gunnar Svensson stepped down as board member
20005 changesfounded 1 · management 4
  • Registered as PHILIP MORRIS ApS
  • Philippe Jean Pierre van Gils appointed board member
  • Gerrit Leonard de Bruin appointed chair of the board
  • Philippe Jean Pierre van Gils appointed director
  • Jan-Erik Gunnar Svensson appointed board member

Related companies

Same industry in København

See all →

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.

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