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Sæther Nordic A/S

Public limited companyCVR 70333414København ØActive

Sæther Nordic A/S is a public limited company, based in København Ø, active in wholesale of perfume and cosmetics, founded in 1982. The company went from a profit in 2024 to a loss of DKK 62.7m in 2025. Measured by gross profit, it ranks no. 4 of 126 companies in the industry in the database. With 115 employees, the company is about 21 times larger than the industry median.

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Key figures · financial year 2025

RevenueDKK 1.2bn−21.3% vs. 2024
Net profit−DKK 62.7m−372.7% vs. 2024
EquityDKK 110.6m−43.4% vs. 2024
Employees115latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 38% (2024 → 2025), to DKK 193.3m.
  • Revenue fell 21% (2024 → 2025), to DKK 1.2bn.
  • Net profit went from a profit of DKK 23m to a loss of DKK 62.7m (2024 → 2025).
  • Equity fell 43% (2024 → 2025), to DKK 110.6m.

Employees

  • 18 fewer employees than a year earlier: 115 (07/2026) against 133 (07/2025).

Registrations, last 24 months

  • 04/06/2026: Moved to Aldersrogade 1, 5, 2100 København Ø

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 100m−DKK 50mDKK 0DKK 50mDKK 100mDKK 150mDKK 200m202020212022202320242025
EquityNet profit
Financial figures for Sæther Nordic A/S
202020212022202320242025Change
Revenue911,6851,192,1531,378,7791,445,0741,492,3011,174,113−21.3%
Gross profit249,888299,407257,390311,181313,625193,276−38.4%
Operating profit (EBIT)66,82589,40147,61451,40039,290−71,518−282%
Profit before tax63,93286,36143,55041,88229,413−80,046−372.1%
Net profit50,27367,76733,26031,68522,979−62,658−372.7%
Total assets311,250426,917488,210537,741563,327419,316−25.6%
Equity115,707161,663156,450169,067195,569110,609−43.4%
Liabilities185,432248,400323,270361,831356,198301,192−15.4%
Cash and cash equivalents38,24637,5311,3252,2522,4374,438+82.1%
Average number of employees283311371414413390−5.6%

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.

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

DKK 0DKK 50mDKK 100mDKK 150mDKK 200mDKK 250mDKK 300m202020212022202320242025
Gross profitMedian, the industry (126 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Equity fell sharply

    Equity fell 43% from 2024 to 2025 (DKK 195.6m to DKK 110.6m).

    How is this calculated?

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

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 Sæther Nordic A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202522/06/2026The groupPDF not statedXBRL
202401/01/2024 – 31/12/202407/05/2025The groupPDFXBRL
202301/01/2023 – 31/12/202301/05/2024The groupPDFXBRL
202201/01/2022 – 31/12/202204/05/2023The groupPDFXBRL
202101/01/2021 – 31/12/202105/05/2022The groupPDFXBRL
202001/01/2020 – 31/12/202023/04/2021The groupPDFXBRL

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
02040608010012014008/2309/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/26
Employees

Position in the industry

126 companies in the database

Comparison with the other companies in wholesale of perfume and cosmetics based on the latest financial year.

Gross profitDKK 193.3mNo. 4 of 126
Better than 98% of the companies in the industry
EquityDKK 110.6mNo. 5 of 126
Better than 97% of the companies in the industry
Number of employees115No. 3 of 126
Better than 98% of the companies in the industry

Industry median: gross profit DKK 3.4m, net profit DKK 191k, equity DKK 2.6m, 6 employees.

DKK 100kDKK 1.1mDKK 12.2mDKK 134.3mDKK 665.5mHere
Distribution of gross profit for 117 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. 197of 4,412
Better than 96%
No. 617of 4,466
Better than 86%
Same industry and 50–199 employees11 companies in the comparison
No. 2of 11
Better than 90%
No. 2of 11
Better than 90%
Companies that are at least 30 years old10,276 companies in the comparison
No. 460of 10,152
Better than 95%
No. 1,171of 10,275
Better than 89%
All companies of type A/S18,025 companies in the comparison
No. 822of 17,786
Better than 95%
No. 2,119of 18,024
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 perfume and cosmetics
Gross profit
  1. Sæther Nordic A/SDKK 193.3m
  2. L'oréal Danmark A/SDKK 1.5bn
  3. Estee Lauder Cosmetics A/SDKK 311.8m
Net profit
  1. Sæther Nordic A/S−DKK 62.7m
  2. L'oréal Danmark A/SDKK 635.6m
  3. Estee Lauder Cosmetics A/SDKK 113.1m
Equity
  1. Sæther Nordic A/SDKK 110.6m
  2. L'oréal Danmark A/SDKK 897.7m
  3. Estee Lauder Cosmetics A/SDKK 673.6m
Employees
  1. Sæther Nordic A/S115
  2. L'oréal Danmark A/S660
  3. Estee Lauder Cosmetics A/S171

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
  • E. Sæther Holding A/S33.33% · 0% votes
  • PP Holding 2019 ApS25% · 100% votes
  • Holles Invest ApS25% · 0% votes
Sæther Nordic A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

6 active registrations

Executive management

Executive management at Sæther Nordic A/S
NameRoleAppointed
Palle PedersenCEO02/09/2019
Daniel Dornhoff CordsenDirector24/08/2022

Board of directors

Board of directors at Sæther Nordic A/S
NameRoleAppointed
Lars Daugaard JepsenBoard member04/09/2019
Pernille Krogh-MeyerBoard member11/06/2020
Søren Tyge SørensenChair of the board20/01/2023
Torben Lykke NørbyBoard member20/09/2024
Former management (22)
Former management at Sæther Nordic A/S
NameRoleAppointedResigned
Torben Holst MærskChair of the board22/12/198207/12/1992
Ken Flemming Røge RasmussenBoard member22/12/198217/05/2000
Andre Michael KowalczykDirector01/07/199601/09/1997
Søren BrandtBoard member27/05/199715/04/2008
Flemming Laurberg JensenChief financial officer01/05/199818/01/2002
Gunnar HeinemannBoard member31/08/200015/10/2010
Kay SpangerBoard member31/08/200006/07/2024
Peter Silkeborg BrolevDirector18/01/200211/10/2013
Tage Juhl FinningeDirector21/03/200715/10/2010
Niels Asger JørgensenDirector15/04/200815/10/2010
Stephan Matthias Karl ErnstBoard member15/04/200815/10/2010
Ellinor SætherBoard member15/10/201001/09/2019
Ellinor SætherCEO15/10/201002/09/2019
Søren Tyge SørensenChair of the board15/10/201001/09/2019
Carsten ØrnboBoard member15/10/201027/06/2011
Peter Silkeborg BrolevBoard member11/10/201311/06/2020
Britta Caroline BlockDirector11/10/201329/11/2019
Tage Juhl FinningeDirector30/05/201629/11/2019
Jesper Agte JohansenDirector01/01/201701/09/2017
Palle PedersenDirector01/01/201901/09/2019
Ellinor SætherChair of the board02/09/201920/01/2023
Søren Tyge SørensenBoard member02/09/201919/01/2023

Signing rule: Selskabet tegnes af en direktør og bestyrelsens formand i forening, af en direktør og 2 bestyrelsesmedlemmer i forening eller af den samlede bestyrelse.

Address and production units

2 active production units

Aldersrogade 1
2100 København Ø

København Municipality · Postcode 2100

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
Sæther Nordic A/SMørdrupvej 145, 3060 Espergærde991032476763
SÆTHER NORDIC A/SAldersrogade 1, 5, 2100 København Ø161003174649

Purpose

Selskabets formål er at drive handels- og agenturvirksomhed på den måde og i den udstrækning, bestyrelsen finder det rigtigt og stemmende med selskabets tarv.

The purpose is quoted from the register in Danish.

Changes year by year

82 registered events
20262 changesaccounts 1 · address 1
  • Annual report for 2025 published
  • Moved to Aldersrogade 1, 5, 2100 København Ø
20251 changeaccounts 1
  • Annual report for 2024 published
20243 changesmanagement 2 · accounts 1
  • Torben Lykke Nørby appointed board member
  • Kay Spanger stepped down as board member
  • Annual report for 2023 published
20239 changesaccounts 1 · ownership 5 · management 3
  • Annual report for 2022 published
  • Holles Invest ApS registered as owner (25%)
  • PP Holding 2019 ApS registered as owner (25%)
  • E. SÆTHER HOLDING A/S registered as owner (33.33%)
  • E. SÆTHER HOLDING A/S is no longer registered as owner
  • PP Holding 2019 ApS is no longer registered as owner
  • Søren Tyge Sørensen appointed chair of the board
  • Ellinor Sæther stepped down as chair of the board
  • Søren Tyge Sørensen stepped down as board member
20222 changesmanagement 1 · accounts 1
  • Daniel Dornhoff Cordsen appointed director
  • Annual report for 2021 published
20214 changesownership 3 · accounts 1
  • E. SÆTHER HOLDING A/S registered as owner (66.67%)
  • T.J. Finninge Holding ApS is no longer registered as owner
  • E. SÆTHER HOLDING A/S is no longer registered as owner
  • Annual report for 2020 published
20206 changesownership 4 · management 2
  • PP Holding 2019 ApS registered as owner (25%)
  • E. SÆTHER HOLDING A/S registered as owner (50%)
  • PP Holding 2019 ApS is no longer registered as owner
  • E. SÆTHER HOLDING A/S is no longer registered as owner
  • Pernille Krogh-Meyer appointed board member
  • Peter Silkeborg Brolev stepped down as board member
201915 changesownership 4 · management 11
  • T.J. Finninge Holding ApS registered as owner (10%)
  • PP Holding 2019 ApS registered as owner (20%)
  • E. SÆTHER HOLDING A/S registered as owner (66.67%)
  • E. SÆTHER HOLDING A/S is no longer registered as owner
  • Tage Juhl Finninge stepped down as director
  • Britta Caroline Block stepped down as director
  • Lars Daugaard Jepsen appointed board member
  • Palle Pedersen appointed ceo
  • Søren Tyge Sørensen appointed board member
  • Ellinor Sæther appointed chair of the board
  • Ellinor Sæther stepped down as ceo
  • Palle Pedersen stepped down as director
  • Ellinor Sæther stepped down as board member
  • Søren Tyge Sørensen stepped down as chair of the board
  • Palle Pedersen appointed director
20172 changesmanagement 2
  • Jesper Agte Johansen stepped down as director
  • Jesper Agte Johansen appointed director
20161 changemanagement 1
  • Tage Juhl Finninge appointed director
20133 changesmanagement 3
  • Peter Silkeborg Brolev appointed board member
  • Britta Caroline Block appointed director
  • Peter Silkeborg Brolev stepped down as director
20111 changemanagement 1
  • Carsten Ørnbo stepped down as board member
201010 changesname 1 · management 8 · ownership 1
  • Name changed from HEINEMANN-SÆTHER A/S to SÆTHER NORDIC A/S
  • Carsten Ørnbo appointed board member
  • Ellinor Sæther appointed board member
  • Ellinor Sæther appointed ceo
  • Søren Tyge Sørensen appointed chair of the board
  • Niels Asger Jørgensen stepped down as director
  • Stephan Matthias Karl Ernst stepped down as board member
  • Tage Juhl Finninge stepped down as director
  • Gunnar Heinemann stepped down as board member
  • E. SÆTHER HOLDING A/S registered as owner (100%)
20083 changesmanagement 3
  • Niels Asger Jørgensen appointed director
  • Stephan Matthias Karl Ernst appointed board member
  • Søren Brandt stepped down as board member
20072 changesmanagement 1 · address 1
  • Tage Juhl Finninge appointed director
  • Moved to Ryttermarken 11, 3520 Farum
20052 changesname 2
  • Name changed from HEINEMANN SÆTHER A/S to HEINEMANN-SÆTHER A/S
  • Name changed from E. SÆTHER A/S to HEINEMANN SÆTHER A/S
20022 changesmanagement 2
  • Peter Silkeborg Brolev appointed director
  • Flemming Laurberg Jensen stepped down as chief financial officer
20003 changesmanagement 3
  • Kay Spanger appointed board member
  • Gunnar Heinemann appointed board member
  • Ken Flemming Røge Rasmussen stepped down as board member
19981 changemanagement 1
  • Flemming Laurberg Jensen appointed chief financial officer
19972 changesmanagement 2
  • Andre Michael Kowalczyk stepped down as director
  • Søren Brandt appointed board member
19961 changemanagement 1
  • Andre Michael Kowalczyk appointed director
19931 changecapital 1
  • Share capital changed from 500,000 DKK to 1,500,000 DKK
19923 changesmanagement 1 · name 1 · capital 1
  • Torben Holst Mærsk stepped down as chair of the board
  • Name changed from E. SÆTHER FINANS ApS to E. SÆTHER A/S
  • Share capital changed from 90,000 DKK to 500,000 DKK
19823 changesfounded 1 · management 2
  • Registered as E. SÆTHER FINANS ApS
  • Ken Flemming Røge Rasmussen appointed board member
  • Torben Holst Mærsk appointed chair of the board

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.

View in CVRReport a correction