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Ragbag ApS

Private limited companyCVR 38576267Aarhus CActive

Ragbag ApS is a private limited company, based in Aarhus C, active in retail sale of watches and jewellery, founded in 2017. Equity was negative at the end of 2025 (−DKK 5.3m). The company made a loss in both 2024 and 2025, most recently DKK 661k.

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Key figures · financial year 2025

Gross profitDKK 2.8m+18.5% vs. 2024
Net profit−DKK 661k−176.6% vs. 2024
Equity−DKK 5.3m−14.2% vs. 2024
Employees8latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit rose 18% (2024 → 2025), to DKK 2.8m.
  • The loss grew: from DKK 239k to DKK 661k (2024 → 2025).

Employees

  • 1 more employees than a year earlier: 8 (07/2026) against 7 (07/2025).

Registrations, last 24 months

  • 01/01/2025: Industry changed to Retail sale of watches and jewellery (477700)

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 6m−DKK 5m−DKK 4m−DKK 3m−DKK 2m−DKK 1mDKK 0202020212022202320242025
EquityNet profit
Financial figures for Ragbag ApS
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit−1,418−1,228−552−9572,3302,760+18.5%
Operating profit (EBIT)−2,066−2,170−1,403−2,659100−493−591.8%
Profit before tax−2,108−2,251−1,495−2,850−305−846−177.5%
Net profit−1,644−1,756−1,166−2,224−239−661−176.6%
Total assets1,9272,6672,7003,9393,8844,214+8.5%
Equity−1,768−1,024−2,190−4,414−4,653−5,313−14.2%
Liabilities3,6923,6904,8748,3448,5349,528+11.6%
Cash and cash equivalents26334424546644939−91.2%
Average number of employees122357+40%

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 2m−DKK 1mDKK 0DKK 1mDKK 2mDKK 3m202020212022202320242025
Gross profitMedian, the industry (242 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Negative equity

    Equity was −DKK 5.3m at the end of 2025.

    How is this calculated?

    Equity in the latest annual report is below zero.

  • Loss for 6 years in a row

    Net result has been negative in 2020–2025.

    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

6 financial years
Annual reports for Ragbag ApS
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202515/07/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202412/07/2025The companyPDFXBRL
202301/01/2023 – 31/12/202323/06/2024The companyPDFXBRL
202201/01/2022 – 31/12/202213/07/2023The companyPDFXBRL
202101/01/2021 – 31/12/202104/07/2022The companyPDFXBRL
202001/01/2020 – 31/12/202005/07/2021The 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
0246808/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

242 companies in the database

Comparison with the other companies in retail sale of watches and jewellery based on the latest financial year.

Gross profitDKK 2.8mNo. 81 of 242
Better than 67% of the companies in the industry
Equity−DKK 5.3mNo. 239 of 242
Better than 1% of the companies in the industry
Number of employees8No. 45 of 242
Better than 82% of the companies in the industry

Industry median: gross profit DKK 1.9m, net profit DKK 168k, equity DKK 1.6m, 3 employees.

DKK 100kDKK 595kDKK 3.5mDKK 21mDKK 69.1mHere
Distribution of gross profit for 227 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. 24,332of 69,742
Better than 65%
No. 69,224of 69,964
Better than 1%
Same industry and fewer than 20 employees220 companies in the comparison
No. 59of 220
Better than 74%
No. 217of 220
Better than 1%
Companies that are between 5 and 14 years old33,688 companies in the comparison
No. 13,879of 33,588
Better than 59%
No. 33,109of 33,687
Better than 2%
All companies of type ApS66,508 companies in the comparison
No. 23,893of 66,379
Better than 64%
No. 65,769of 66,505
Better than 1%

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 watches and jewellery
Gross profit
  1. Ragbag ApSDKK 2.8m
  2. Vibholm Guld og Sølv ApSDKK 125.2m
  3. Pilgrim A/SDKK 113.9m
Net profit
  1. Ragbag ApS−DKK 661k
  2. Vibholm Guld og Sølv ApSDKK 24.8m
  3. Pilgrim A/SDKK 6.9m
Equity
  1. Ragbag ApS−DKK 5.3m
  2. Vibholm Guld og Sølv ApSDKK 77.3m
  3. Pilgrim A/SDKK 83m
Employees
  1. Ragbag ApS8
  2. Vibholm Guld og Sølv ApS312
  3. Pilgrim A/S416

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
Ragbag ApS

Management

1 active registrations

Executive management

Executive management at Ragbag ApS
NameRoleAppointed
Martin Lyneborg-LindbergCEO01/09/2024
Founders
Lyne & Lindberg Holding ApS, Rebel Marketing ApS
Former management (4)
Former management at Ragbag ApS
NameRoleAppointedResigned
Nikolai Lundstrøm BrinkCEO01/05/201701/05/2018
Nikolai Lundstrøm BrinkBoard member01/05/201716/02/2018
Jannick Lyneborg-LindbergChair of the board01/05/201716/02/2018
Jannick Lyneborg-LindbergCEO01/05/201801/09/2024

Signing rule: Virksomheden tegnes af direktionen.

Address and production units

2 active production units

Åboulevarden 52
8000 Aarhus C

Aarhus Municipality · Postcode 8000

Other companies at the address (2)

Production units
Production unitAddressEmployeesP number
Ragbag ApSChristian IX's Gade 1, 4. tv, 1111 København K71025222756
Ragbag ApSÅboulevarden 52, 2, 8000 Aarhus C11022368954

Purpose

Selskabets formål er at drive virksomhed indenfor detailhandel med smykker og guld- og sølvvarer herunder produktion af disse artikler samt anden efter direktionens skøn beslægtet virksomhed

The purpose is quoted from the register in Danish.

Changes year by year

34 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20252 changesaccounts 1 · industry 1
  • Annual report for 2024 published
  • Industry changed to Retail sale of watches and jewellery (477700)
20246 changesmanagement 2 · accounts 1 · ownership 3
  • Martin Lyneborg-Lindberg appointed ceo
  • Jannick Lyneborg-Lindberg stepped down as ceo
  • Annual report for 2023 published
  • Lyne & Lindberg Holding ApS registered as owner (100%)
  • Saxhøjen Holding ApS is no longer registered as owner
  • Lyne & Lindberg Holding ApS is no longer registered as owner
20231 changeaccounts 1
  • Annual report for 2022 published
20222 changesaccounts 1 · ownership 1
  • Annual report for 2021 published
  • JJ Investments ApS is no longer registered as owner
20212 changescapital 1 · accounts 1
  • Share capital changed from 50,000 DKK to 60,000 DKK
  • Annual report for 2020 published
20206 changesownership 4 · name 1 · industry 1
  • Lyne & Lindberg Holding ApS registered as owner (90%)
  • Saxhøjen Holding ApS registered as owner (5%)
  • JJ Investments ApS registered as owner (5%)
  • Lyne & Lindberg Holding ApS is no longer registered as owner
  • Name changed from Nylon Studio ApS to Ragbag ApS
  • Industry changed to Retail sale of watches and jewellery (477700)
20186 changesaddress 1 · management 4 · ownership 1
  • Moved to Åboulevarden 52, 2, 8000 Aarhus C
  • Jannick Lyneborg-Lindberg appointed ceo
  • Nikolai Lundstrøm Brink stepped down as ceo
  • REBEL MARKETING ApS is no longer registered as owner
  • Nikolai Lundstrøm Brink stepped down as board member
  • Jannick Lyneborg-Lindberg stepped down as chair of the board
20178 changesname 1 · status 1 · management 3 · founded 1 · ownership 2
  • Name changed from Influmana ApS to Nylon Studio ApS
  • Status changed to active
  • Nikolai Lundstrøm Brink appointed ceo
  • Nikolai Lundstrøm Brink appointed board member
  • Jannick Lyneborg-Lindberg appointed chair of the board
  • Registered as Influmana ApS
  • Lyne & Lindberg Holding ApS registered as owner (100%)
  • REBEL MARKETING ApS registered as owner (20%)

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Same people in management

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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.

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