Rains ApS

Private limited companyCVR 34476187Aarhus NActive

Rains ApS is a private limited company, based in Aarhus N, active in wholesale of clothing, founded in 2012. The company went from a profit in 2024 to a loss of DKK 16.6m in 2025. With 173 employees, the company is about 35 times larger than the industry median. Gross profit is higher than that of 97% of the companies in the industry in the database.

PDF report Compare

Key figures · financial year 2025

RevenueDKK 663.4m−8.1% vs. 2024

Net profit−DKK 16.6m−147.8% vs. 2024

EquityDKK 128.9m−11.9% vs. 2024

Employees173latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

Gross profit fell 14% (2024 → 2025), to DKK 159.2m.
Revenue fell 8% (2024 → 2025), to DKK 663.4m.
Net profit went from a profit of DKK 34.7m to a loss of DKK 16.6m (2024 → 2025).
Equity fell 12% (2024 → 2025), to DKK 128.9m.

Employees

15 fewer employees than a year earlier: 173 (07/2026) against 188 (07/2025).

Management and owners, last 24 months

New in management: Morten Kristiansen (board member, 10/08/2026), Thomas James Bettinson (ceo, 10/08/2026) and Daniel Brix Hesselager (ceo, 15/08/2025) (+1).
Stepped down: Steen Borgholm (ceo, 15/08/2025), Daniel Brix Hesselager (ceo, 10/08/2026) and Morten Kristiansen (director, 10/08/2026).

Registrations, last 24 months

05/11/2024: Moved to Ib Spang Olsens Gade 12, Lisbjerg, 8200 Aarhus N

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

EquityNet profit

Financial figures for Rains ApS
	2020	2021	2022	2023	2024	2025	Change
Revenue	not stated	not stated	563,244	627,703	721,545	663,440	−8.1%
Gross profit	78,858	120,617	143,575	168,411	185,687	159,231	−14.2%
Operating profit (EBIT)	41,889	69,667	67,780	72,371	47,591	−8,945	−118.8%
Profit before tax	40,538	72,065	64,470	72,391	44,765	−17,221	−138.5%
Net profit	30,239	56,464	50,712	57,503	34,655	−16,564	−147.8%
Total assets	133,513	211,857	426,625	458,206	608,452	557,926	−8.3%
Equity	72,755	108,885	119,231	141,564	146,246	128,892	−11.9%
Liabilities	60,705	102,972	307,394	315,615	441,354	424,627	−3.8%
Cash and cash equivalents	26,868	49,790	128,271	54,459	42,763	130,251	+204.6%
Average number of employees	69	103	132	157	181	251	+38.7%

Source: annual reports filed with the Danish Business Authority (XBRL). Group figures; 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: 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)

Annual reports

6 financial years

Annual reports for Rains ApS
Financial year	Period	Published	Figures for	Documents
2025	01/01/2025 – 31/12/2025	08/07/2026	The group	PDF not statedXBRL
2024	01/01/2024 – 31/12/2024	04/07/2025	The group	PDF XBRL
2023	01/01/2023 – 31/12/2023	28/06/2024	The group	PDF XBRL
2022	01/01/2022 – 31/12/2022	30/06/2023	The group	PDF XBRL
2021	01/01/2021 – 31/12/2021	29/06/2022	The group	PDF XBRL
2020	01/01/2020 – 31/12/2020	31/05/2021	The group	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 profitDKK 159.2mNo. 11 of 356

Better than 97% of the companies in the industry

EquityDKK 128.9mNo. 18 of 356

Better than 95% of the companies in the industry

Number of employees173No. 8 of 356

Better than 98% 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 50–199 employees4,467 companies in the comparison	No. 275of 4,412 Better than 94%	No. 529of 4,466 Better than 88%
Same industry and 50–199 employees32 companies in the comparison	No. 6of 32 Better than 84%	No. 11of 32 Better than 68%
Companies that are between 5 and 14 years old33,688 companies in the comparison	No. 199of 33,588 Better than 99%	No. 564of 33,687 Better than 98%
All companies of type ApS66,508 companies in the comparison	No. 162of 66,379 Better than 100%	No. 879of 66,505 Better than 99%

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

Rains ApSDKK 159.2m
DK Company A/SDKK 2.9bn
Sports Connection ApSDKK 439.2m

Net profit

Rains ApS−DKK 16.6m
DK Company A/SDKK 309.3m
Sports Connection ApSDKK 315.1m

Equity

Rains ApSDKK 128.9m
DK Company A/SDKK 1.3bn
Sports Connection ApSDKK 620.5m

Employees

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

Lotko Holding ApS25%
H 12 ApS50%
KD DK Holding ApS20%

Rains ApS

Subsidiaries and ownership shares

Rains Retail Denmark ApS100%

Subsidiaries are shown only if they are in the database.

Management

5 active registrations

Executive management

Executive management at Rains ApS
Name	Role	Appointed
Thomas James Bettinson	CEO	10/08/2026

Board of directors

Board of directors at Rains ApS
Name	Role	Appointed
Philip Lotko Wormslev	Board member	04/12/2014
Kenneth Davids	Board member	04/12/2014
Daniel Brix Hesselager	Chair of the board	01/08/2017
Morten Kristiansen	Board member	10/08/2026

Auditor: Redmark, Godkendt Revisionspartnerselskab
Founders: Back Back Holding ApS, Lotko Holding ApS, H 12 ApS, KD DK Holding ApS

Former management (8)

Former management at Rains ApS
Name	Role	Appointed	Resigned
Christian Gregers Back	Board member	13/04/2012	04/12/2014
Christian Gregers Back	Director	28/04/2014	04/12/2014
Daniel Brix Hesselager	Board member	04/12/2014	31/07/2017
Daniel Brix Hesselager	Director	04/12/2014	01/08/2017
Jan Stig Andersen	CEO	01/08/2017	30/04/2023
Steen Borgholm	CEO	01/05/2023	15/08/2025
Daniel Brix Hesselager	CEO	15/08/2025	10/08/2026
Morten Kristiansen	Director	01/07/2026	10/08/2026

Signing rule: Selskabet tegnes af to bestyrelsesmedlemmer i forening, af et bestyrelsesmedlem i forening med en direktør eller af to direktører i forening.

Address and production units

1 active production units

Ib Spang Olsens Gade 12
8200 Aarhus N

Aarhus Municipality · Postcode 8200

Other companies at the address (2)

Rains Retail Denmark ApSRetail sale of clothing
Pedestal ApSIndustrial design and fashion design

Open in OpenStreetMap

Production units
Production unit	Address	Industry	Employees	P number
RAINS ApS	Ib Spang Olsens Gade 12, Lisbjerg, 8200 Aarhus N	Wholesale of clothing	173	1019664496

Purpose

Selskabets formål er at udvikle, producere, markedsføre og sælge livsstilsprodukter under varemærket Rains. Selskabet kan desuden besidde ejerandele i andre selskaber og virksomheder, hvorigennem selskabet kan drive virksomhed inden for de nævnte områder samt enhver anden hermed beslægtet virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

50 registered events

02015

02016

52017

02018

02019

42020

12021

12022

32023

22024

32025

62026

20266 changesmanagement 5 · accounts 1

10/08ManagementThomas James Bettinson appointed ceo
10/08ManagementMorten Kristiansen appointed board member
10/08ManagementMorten Kristiansen stepped down as director
10/08ManagementDaniel Brix Hesselager stepped down as ceo
08/07AccountsAnnual report for 2025 published
01/07ManagementMorten Kristiansen appointed director

20253 changesmanagement 2 · accounts 1

15/08ManagementDaniel Brix Hesselager appointed ceo
15/08ManagementSteen Borgholm stepped down as ceo
04/07AccountsAnnual report for 2024 published

20242 changesaddress 1 · accounts 1

05/11AddressMoved to Ib Spang Olsens Gade 12, Lisbjerg, 8200 Aarhus N
28/06AccountsAnnual report for 2023 published

20233 changesaccounts 1 · management 2

30/06AccountsAnnual report for 2022 published
01/05ManagementSteen Borgholm appointed ceo
30/04ManagementJan Stig Andersen stepped down as ceo

20221 changeaccounts 1

29/06AccountsAnnual report for 2021 published

20211 changeaccounts 1

31/05AccountsAnnual report for 2020 published

20204 changesownership 4

21/09OwnershipKD DK HOLDING ApS registered as owner (20%)
21/09OwnershipH 12 ApS registered as owner (50%)
20/09OwnershipH 12 ApS is no longer registered as owner
20/09OwnershipKD DK HOLDING ApS is no longer registered as owner

20175 changesmanagement 4 · address 1

01/08ManagementJan Stig Andersen appointed ceo
01/08ManagementDaniel Brix Hesselager appointed chair of the board
01/08ManagementDaniel Brix Hesselager stepped down as director
31/07ManagementDaniel Brix Hesselager stepped down as board member
05/05AddressMoved to Jens Olsens Vej 13, Skejby, 8200 Aarhus N

201419 changesaddress 4 · management 7 · ownership 7 · industry 1

04/12AddressMoved to Muslingevej 34, 8250 Egå
04/12ManagementPhilip Lotko Wormslev appointed board member
04/12ManagementDaniel Brix Hesselager appointed director
04/12ManagementKenneth Davids appointed board member
04/12ManagementDaniel Brix Hesselager appointed board member
04/12ManagementChristian Gregers Back stepped down as director
04/12ManagementChristian Gregers Back stepped down as board member
04/12OwnershipKenneth Davids registered as owner (33.33%)
04/12OwnershipKenneth Davids is no longer registered as owner
04/12OwnershipH 12 ApS registered as owner (33.33%)
04/12OwnershipKD DK HOLDING ApS registered as owner (33.33%)
04/12OwnershipDaniel Brix Hesselager registered as owner (33.33%)
04/12OwnershipDaniel Brix Hesselager is no longer registered as owner
04/12OwnershipPhilip Lotko Wormslev is no longer registered as owner
28/04AddressMoved to Pilestræde 47, 1112 København K
28/04ManagementChristian Gregers Back appointed director
06/01AddressMoved to Muslingevej 34, 8250 Egå
04/01AddressMoved to Muslingevej 38, 8250 Egå
01/01IndustryIndustry changed to Wholesale of clothing (464210)

20126 changesaddress 2 · ownership 2 · founded 1 · management 1

06/12AddressMoved to Dalsagervej 25, 8250 Egå
17/09AddressMoved to Casper Møllers Vej 31, 8240 Risskov
16/04OwnershipLOTKO HOLDING ApS registered as owner (25%)
16/04OwnershipPhilip Lotko Wormslev registered as owner (33.33%)
13/04FoundedRegistered as RAINS ApS
13/04ManagementChristian Gregers Back appointed board member

Related companies

Same industry in Aarhus

Hummel A/S450 employees
Sisters Point A/S30 employees
W.s Engross ApS23 employees
Pbo A/S23 employees
Coze Aarhus A/S22 employees
Bruuns Bazaar A/S19 employees

See all →

Same people in management

ECCO Sko A/Svia Jan Stig Andersen
DK Company Vejle A/Svia Jan Stig Andersen
B.93 Copenhagen ApSvia Philip Lotko Wormslev
Trollbeads A/Svia Jan Stig Andersen
Kabooki A/Svia Jan Stig Andersen
Rains Retail Denmark ApSvia Daniel Brix Hesselager

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 23/10/2026. 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