R & S Madsen ApS
Private limited companyCVR 21432288AsnæsActive
R & S Madsen ApS is a private limited company, based in Asnæs, active in retail sale of books, founded in 1999. Net profit fell 95% from 2024 to 2025, ending at DKK 109k. Measured by gross profit, it ranks no. 1 of 111 companies in the industry in the database. Operations are spread over 18 production units in 16 towns.
Key figures · financial year 2025
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit fell 2% (2024 → 2025), to DKK 33m.
- Net profit fell 95% (2024 → 2025), to DKK 109k.
Employees
- 4 fewer employees than a year earlier: 120 (08/2026) against 124 (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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 24,841 | 30,861 | 31,142 | 30,370 | 33,776 | 32,952 | −2.4% |
| Operating profit (EBIT) | 3,069 | 7,090 | 5,717 | 3,352 | 3,055 | 730 | −76.1% |
| Profit before tax | 2,327 | 7,705 | 5,087 | 2,917 | 2,735 | 140 | −94.9% |
| Net profit | 1,815 | 6,355 | 3,968 | 2,275 | 2,128 | 109 | −94.9% |
| Total assets | 58,205 | 66,991 | 71,721 | 77,668 | 85,126 | 83,387 | −2% |
| Equity | 12,552 | 18,907 | 22,875 | 25,150 | 29,268 | 29,378 | +0.4% |
| Liabilities | 45,314 | 47,502 | 48,091 | 51,842 | 55,039 | 53,325 | −3.1% |
| Cash and cash equivalents | 17,671 | 15,385 | 7,733 | 14,514 | 11,394 | 22,205 | +94.9% |
| Average number of employees | 62 | 68 | 71 | 72 | 77 | 68 | −11.7% |
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 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
Signals from the financial statements
calculated from the 2025 figuresProfit 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 | 01/10/2024 – 30/09/2025 | 30/03/2026 | The company | PDF not statedXBRL |
| 2024 | 01/10/2023 – 30/09/2024 | 17/02/2025 | The company | PDFXBRL |
| 2023 | 01/10/2022 – 30/09/2023 | 07/03/2024 | The company | PDFXBRL |
| 2022 | 01/10/2021 – 30/09/2022 | 03/04/2023 | The company | PDFXBRL |
| 2021 | 01/10/2020 – 30/09/2021 | 29/03/2022 | The company | PDFXBRL |
| 2020 | 01/10/2019 – 30/09/2020 | 16/03/2021 | 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
111 companies in the databaseComparison with the other companies in retail sale of books based on the latest financial year.
Industry median: gross profit DKK 1.9m, net profit DKK 87,894, equity DKK 1.1m, 4 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 50–199 employees4,467 companies in the comparison | No. 2,619of 4,412 Better than 41% | No. 1,758of 4,466 Better than 61% |
| Companies that are between 15 and 29 years old24,910 companies in the comparison | No. 2,171of 24,791 Better than 91% | No. 3,435of 24,909 Better than 86% |
| All companies of type ApS66,508 companies in the comparison | No. 1,273of 66,379 Better than 98% | No. 3,218of 66,505 Better than 95% |
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 books- R & S Madsen ApSDKK 33m
- Flensborg A/SDKK 20.4m
- Polyteknisk Boghandel & Forlag A/SDKK 8.3m
- R & S Madsen ApSDKK 109k
- Flensborg A/SDKK 2.7m
- Polyteknisk Boghandel & Forlag A/SDKK 170k
- R & S Madsen ApSDKK 29.4m
- Flensborg A/SDKK 24.1m
- Polyteknisk Boghandel & Forlag A/SDKK 3.3m
- R & S Madsen ApS120
- Flensborg A/S77
- Polyteknisk Boghandel & Forlag A/S14
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership Register- Shm Ejendomme ApS100%
Subsidiaries are shown only if they are in the database.
Management
2 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Sven Holmen Madsen | Director | 18/01/1999 |
| Rasmus Holmen Madsen | Director | 06/09/2013 |
- Founders
- Shm Ejendomme ApS
Signing rule: Selskabet tegnes af en direktør.
Address and production units
18 active production unitsAsnæs Centret 2
4550 Asnæs
| Production unit | Address | Employees | P number |
|---|---|---|---|
| HOLBÆK BOG & IDE | Ahlgade 66, 4300 Holbæk | 13 | 1011646898 |
| Asnæs Bog & Ide | Asnæs Centret 2, 4550 Asnæs | 12 | 1003071599 |
| Bog & Ide Vestsjællandscentret | Vestsjællandscentret 10A, st. 10, 4200 Slagelse | 12 | 1020013504 |
| KØGE BOG & IDE | Nørregade 24, 4600 Køge | 10 | 1018811460 |
| NYKØBING BOG & IDE | Algade 32, 4500 Nykøbing Sj | 10 | 1003071629 |
| HILLERØD BOG & IDE | SLOTSARKADERNE 11, 3400 Hillerød | 9 | 1020468919 |
| Storkfelt Bog & idé | Ahlgade 31, 4300 Holbæk | 9 | 1026265572 |
| BOGhandleren, Bogladen ved søerne | Østerbrogade 54, 2100 København Ø | 8 | 1030456730 |
| Glostrup Bog & Ide | Glostrup Shoppingcenter 6, 2600 Glostrup | 8 | 1021813695 |
| Helsinge Bog & Idé | Østergade 17, 3200 Helsinge | 8 | 1030335054 |
| ISHØJ BOG & IDE - LEGEKÆDEN | ISHØJ VESTERGADE 8, 1, 2635 Ishøj | 8 | 1020468978 |
| Kalundborg Bog & Ide | Kordilgade 9, 4400 Kalundborg | 8 | 1017045675 |
| RINGSTED BOG & IDE | Sct Hansgade 9, 4100 Ringsted | 7 | 1018811452 |
| Bog & Ide Bornholm | Torvet 1, 3730 Nexø | 6 | 1029282842 |
| Bog & Ide Frederikssund | Nygade 1, 3600 Frederikssund | 6 | 1029282826 |
Showing 15 of 18 units (sorted by employees).
Purpose
Selskabets formål er at drive boghandler-virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
17 registered events20261 changeaccounts 1
- AccountsAnnual report for 2025 published
20251 changeaccounts 1
- AccountsAnnual report for 2024 published
20242 changesmerger 1 · accounts 1
- MergerMerger registered in CVR
- AccountsAnnual report for 2023 published
20231 changeaccounts 1
- AccountsAnnual report for 2022 published
20221 changeaccounts 1
- AccountsAnnual report for 2021 published
20211 changeaccounts 1
- AccountsAnnual report for 2020 published
20134 changesname 1 · capital 1 · management 1 · merger 1
- NameName changed from BOGHANDLER SVEN MADSEN ApS to R & S MADSEN ApS
- CapitalShare capital changed from 500,000 DKK to 600,000 DKK
- ManagementRasmus Holmen Madsen appointed director
- MergerMerger registered in CVR
20121 changeownership 1
- OwnershipSHM EJENDOMME ApS registered as owner (100%)
20081 changeindustry 1
- IndustryIndustry changed to Retail sale of books (476100)
20071 changeaddress 1
- AddressMoved to Asnæs Centret 2, 4550 Asnæs
19993 changesname 1 · founded 1 · management 1
- NameName changed from SHM EJENDOMME ApS to BOGHANDLER SVEN MADSEN ApS
- FoundedRegistered as SHM EJENDOMME ApS
- ManagementSven Holmen Madsen appointed director
Related companies
Same people in management
- Borgen Bog & Idé ApSvia Rasmus Holmen Madsen
- Bog & Idé Herning City ApSvia Rasmus Holmen Madsen
Largest in the industry
- Flensborg A/SDKK 20.4m
- Polyteknisk Boghandel & Forlag A/SDKK 8.3m
- Bog & idé, Lyngby Storcenter ApSDKK 7.5m
- Gucca.dk A/SDKK 7.4m
- Bergman Bog & Ide ApSDKK 7.4m
- Bog & idé, Bruuns Galleri ApSDKK 6.2m
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.