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Piet Hein Trading ApS

Private limited companyCVR 27052738MiddelfartActive

Piet Hein Trading ApS is a private limited company, based in Middelfart, active in wholesale of luggage and leather goods, founded in 2003. Net profit fell 32% from 2024 to 2025, ending at DKK 110k. Equity grew to DKK 13.1m in 2025.

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Key figures · financial year 2025

Gross profitDKK 2.4m+10.8% vs. 2024
Net profitDKK 110k−31.6% vs. 2024
EquityDKK 13.1m+467.4% vs. 2024
Employees5latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 11% (2024 → 2025), to DKK 2.4m.
  • Net profit fell 32% (2024 → 2025), to DKK 110k.
  • Equity rose 467% (2024 → 2025), to DKK 13.1m.

Employees

  • 1 fewer employees than a year earlier: 5 (08/2026) against 6 (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 2mDKK 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12mDKK 14m202020212022202320242025
EquityNet profit
Financial figures for Piet Hein Trading ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit2,3582,2371,1281,8012,1512,384+10.8%
Operating profit (EBIT)1,1271,022−17537531549+3.5%
Profit before tax864756−210263211143−32.2%
Net profit673590−164204162110−31.6%
Total assets11,4898,7099,4329,97712,62114,000+10.9%
Equity1,5232,1131,9492,1532,31513,134+467.4%
Liabilities9,9346,5837,4777,82410,306865−91.6%
Cash and cash equivalents3,4968911,1472,0381,5943,435+115.5%
Average number of employees333334+33.3%

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, 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

DKK 0DKK 500kDKK 1mDKK 1.5mDKK 2mDKK 2.5mDKK 3mDKK 3.5m202020212022202320242025
Gross profitMedian, the industry (73 companies)

Annual reports

6 financial years
Annual reports for Piet Hein Trading ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202515/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202421/05/2025The companyPDFXBRL
202301/01/2023 – 31/12/202324/05/2024The companyPDFXBRL
202201/01/2022 – 31/12/202231/03/2023The companyPDFXBRL
202101/01/2021 – 31/12/202103/03/2022The companyPDFXBRL
202001/01/2020 – 31/12/202015/04/2021The 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
012345609/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

73 companies in the database

Comparison with the other companies in wholesale of luggage and leather goods based on the latest financial year.

Gross profitDKK 2.4mNo. 40 of 73
Better than 46% of the companies in the industry
EquityDKK 13.1mNo. 17 of 73
Better than 78% of the companies in the industry
Number of employees5No. 36 of 73
Better than 51% of the companies in the industry

Industry median: gross profit DKK 3m, net profit DKK 374k, equity DKK 4m, 4 employees.

DKK 211kDKK 1.4mDKK 9.7mDKK 65.7mDKK 235.5mHere
Distribution of gross profit for 67 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 fewer than 20 employees69,967 companies in the comparison
No. 27,283of 69,742
Better than 61%
No. 7,595of 69,964
Better than 89%
Same industry and fewer than 20 employees58 companies in the comparison
No. 25of 58
Better than 58%
No. 7of 58
Better than 89%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 14,451of 24,791
Better than 42%
No. 5,688of 24,909
Better than 77%
All companies of type ApS66,508 companies in the comparison
No. 26,633of 66,379
Better than 60%
No. 5,657of 66,505
Better than 91%

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 luggage and leather goods
Gross profit
  1. Piet Hein Trading ApSDKK 2.4m
  2. Søstrene Grenes Import A/SDKK 445.8m
  3. Ferm Living ApSDKK 139m
Net profit
  1. Piet Hein Trading ApSDKK 110k
  2. Søstrene Grenes Import A/SDKK 8.7m
  3. Ferm Living ApSDKK 53.3m
Equity
  1. Piet Hein Trading ApSDKK 13.1m
  2. Søstrene Grenes Import A/SDKK 381.1m
  3. Ferm Living ApSDKK 180m
Employees
  1. Piet Hein Trading ApS5
  2. Søstrene Grenes Import A/S593
  3. Ferm Living ApS98

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
  • Piet Hein A/S100%
Piet Hein Trading ApS

Management

1 active registrations

Executive management

Executive management at Piet Hein Trading ApS
NameRoleAppointed
Hugo Piet HeinDirector21/02/2003
Founders
Piet Hein A/S

Signing rule: Selskabet tegnes af direktøren.

Address and production units

1 active production units

Mandalvænget 5
5500 Middelfart

Middelfart Municipality · Postcode 5500

Production units
Production unitAddressEmployeesP number
PIET HEIN TRADING ApSMandalvænget 5, 5500 Middelfart51009745234

Purpose

Selskabets formål er produktion, handel og dermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

13 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20241 changeaccounts 1
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20221 changeaccounts 1
  • Annual report for 2021 published
20211 changeaccounts 1
  • Annual report for 2020 published
20181 changecapital 1
  • Share capital changed from 125,000 DKK to 500,000 DKK
20091 changeaddress 1
  • Moved to Mandalvænget 5, 5500 Middelfart
20081 changeindustry 1
  • Industry changed to Wholesale of luggage and leather goods (464930)
20071 changeaddress 1
  • Moved to Skrillinge Strand 64, 5500 Middelfart
20033 changesfounded 1 · management 1 · ownership 1
  • Registered as PIET HEIN TRADING ApS
  • Hugo Piet Hein appointed director
  • PIET HEIN A/S registered as owner (100%)

Related companies

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