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Sandgaard A/S

Public limited companyCVR 28859716IkastActive

Sandgaard A/S is a public limited company, based in Ikast, active in wholesale of clothing, founded in 2005. Net profit rose 8% from 2024 to 2025, ending at DKK 2.1m. With 19 employees, the company is about 4 times larger than the industry median.

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Key figures · financial year 2025

Gross profitDKK 10.3m−3.5% vs. 2024
Net profitDKK 2.1m+7.6% vs. 2024
EquityDKK 11.3m+10.3% vs. 2024
Employees19latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 3% (2024 → 2025), to DKK 10.3m.
  • Net profit rose 8% (2024 → 2025), to DKK 2.1m.
  • Equity rose 10% (2024 → 2025), to DKK 11.3m.

Employees

  • 1 more employees than a year earlier: 19 (08/2026) against 18 (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 0DKK 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12m202020212022202320242025
EquityNet profit
Financial figures for Sandgaard A/S
202020212022202320242025Change
Revenuenot statednot statednot statednot statednot statednot stated–
Gross profit6,31511,10912,90811,31010,63310,265−3.5%
Operating profit (EBIT)2,7625,8955,4263,6782,7012,812+4.1%
Profit before tax2,2064,8544,3323,2102,5322,757+8.9%
Net profit1,6003,5453,1002,4561,9592,109+7.6%
Total assets13,68220,49622,34420,14220,99816,539−21.2%
Equity4,3747,1588,1759,42510,20511,255+10.3%
Liabilities9,30713,33914,15510,71710,7935,285−51%
Cash and cash equivalents1,0005,1691,0591,0573262,290+601.8%
Average number of employees7811121211−8.3%

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 2mDKK 4mDKK 6mDKK 8mDKK 10mDKK 12m202020212022202320242025
Gross profitMedian, the industry (356 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Profit 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
Annual reports for Sandgaard A/S
Financial yearPeriodPublishedFigures forDocuments
202501/01/2025 – 31/12/202521/05/2026The companyPDF not statedXBRL
202401/01/2024 – 31/12/202426/06/2025The companyPDFXBRL
202301/01/2023 – 31/12/202304/04/2024The companyPDFXBRL
202201/01/2022 – 31/12/202217/04/2023The companyPDFXBRL
202101/01/2021 – 31/12/202121/04/2022The companyPDFXBRL
202001/01/2020 – 31/12/202003/06/2021The 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
051015202509/2310/2311/2312/2301/2402/2403/2404/2405/2406/2407/2408/2409/2410/2411/2412/2401/2502/2503/2504/2505/2506/2507/2508/2509/2510/2511/2512/2501/2602/2603/2604/2605/2606/2607/2608/26
Employees

Position in the industry

356 companies in the database

Comparison with the other companies in wholesale of clothing based on the latest financial year.

Gross profitDKK 10.3mNo. 110 of 356
Better than 69% of the companies in the industry
EquityDKK 11.3mNo. 105 of 356
Better than 71% of the companies in the industry
Number of employees19No. 119 of 356
Better than 67% of the companies in the industry

Industry median: gross profit DKK 3.9m, net profit DKK 258k, equity DKK 3.4m, 5 employees.

DKK 100kDKK 1.3mDKK 17.2mDKK 224.7mDKK 1.2bnHere
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
GroupGross profitEquity
Companies with fewer than 20 employees69,967 companies in the comparison
No. 4,615of 69,742
Better than 93%
No. 8,402of 69,964
Better than 88%
Same industry and fewer than 20 employees258 companies in the comparison
No. 23of 258
Better than 91%
No. 31of 258
Better than 88%
Companies that are between 15 and 29 years old24,910 companies in the comparison
No. 5,873of 24,791
Better than 76%
No. 6,267of 24,909
Better than 75%
All companies of type A/S18,025 companies in the comparison
No. 8,877of 17,786
Better than 50%
No. 8,281of 18,024
Better than 54%

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
  1. Sandgaard A/SDKK 10.3m
  2. DK Company A/SDKK 2.9bn
  3. Sports Connection ApSDKK 439.2m
Net profit
  1. Sandgaard A/SDKK 2.1m
  2. DK Company A/SDKK 309.3m
  3. Sports Connection ApSDKK 315.1m
Equity
  1. Sandgaard A/SDKK 11.3m
  2. DK Company A/SDKK 1.3bn
  3. Sports Connection ApSDKK 620.5m
Employees
  1. Sandgaard A/S19
  2. DK Company A/S467
  3. Sports Connection ApS76

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
  • Brøbech Hammer ApS10%
  • Visgaard Holding ApS10%
  • Sandgaard Holding, Ikast ApS66.67%
Sandgaard A/S
Subsidiaries and ownership shares

Subsidiaries are shown only if they are in the database.

Management

4 active registrations

Executive management

Executive management at Sandgaard A/S
NameRoleAppointed
Lars SandgaardDirector18/06/2009

Board of directors

Board of directors at Sandgaard A/S
NameRoleAppointed
Lars SandgaardBoard member18/06/2009
Michael HammerBoard member10/01/2011
Helle Sundstrup VisgårdBoard member21/09/2016
Founders
Michael Hammer, Ajm ApS
Former management (4)
Former management at Sandgaard A/S
NameRoleAppointedResigned
Arne Spicer LindgrenChair of the board29/06/200510/01/2011
Lotte LindgrenBoard member29/06/200510/01/2011
Michael HammerDirector29/06/200518/06/2009
Lene JensenBoard member18/06/200906/08/2015

Signing rule: Selskabet tegnes af 1 direktør eller af 2 medlemmer af bestyrelsen i forening.

Address and production units

1 active production units

Orionvej 2D
7430 Ikast

Ikast-Brande Municipality · Postcode 7430

Other companies at the address (1)

Production units
Production unitAddressEmployeesP number
SANDGAARD A/SOrionvej 2D, 7430 Ikast191011513693

Purpose

Selskabets formål er salg af beklædning og tilhørende produkter samt i forbindelse hermed stående virksomhed.

The purpose is quoted from the register in Danish.

Changes year by year

43 registered events
20261 changeaccounts 1
  • Annual report for 2025 published
20251 changeaccounts 1
  • Annual report for 2024 published
20242 changesmerger 1 · accounts 1
  • Merger registered in CVR
  • Annual report for 2023 published
20231 changeaccounts 1
  • Annual report for 2022 published
20226 changesownership 5 · accounts 1
  • SANDGAARD HOLDING, IKAST ApS registered as owner (66.67%)
  • Sandgaard Holding af 2022 ApS is no longer registered as owner
  • Annual report for 2021 published
  • Sandgaard Holding af 2022 ApS registered as owner (66.67%)
  • Visgaard Holding ApS registered as owner (10%)
  • Sandgaard Visgaard ApS is no longer registered as owner
20214 changesownership 3 · accounts 1
  • Sandgaard Visgaard ApS registered as owner (66.67%)
  • Helle Sundstrup Visgård is no longer registered as owner
  • SANDGAARD HOLDING, IKAST ApS is no longer registered as owner
  • Annual report for 2020 published
20181 changeaddress 1
  • Moved to Orionvej 2D, 7430 Ikast
20171 changeownership 1
  • Helle Sundstrup Visgård registered as owner (10%)
20162 changesmanagement 1 · address 1
  • Helle Sundstrup Visgård appointed board member
  • Moved to Rømersvej 19C, 7430 Ikast
20151 changemanagement 1
  • Lene Jensen stepped down as board member
20141 changeownership 1
  • SANDGAARD HOLDING, IKAST ApS registered as owner (66.67%)
20132 changesname 1 · industry 1
  • Name changed from GOZZIP A/S to SANDGAARD A/S
  • Industry changed to Wholesale of clothing (464210)
20121 changeownership 1
  • BRØBECH HAMMER ApS registered as owner (10%)
20113 changesmanagement 3
  • Michael Hammer appointed board member
  • Lotte Lindgren stepped down as board member
  • Arne Spicer Lindgren stepped down as chair of the board
20101 changeaddress 1
  • Moved to Industrivej 48A, 7430 Ikast
20097 changescapital 1 · address 2 · management 4
  • Share capital changed from 500,000 DKK to 509,000 DKK
  • Moved to Rømersvej 19C, 7430 Ikast
  • Moved to Bellisparken 18, 7430 Ikast
  • Lars Sandgaard appointed board member
  • Lene Jensen appointed board member
  • Lars Sandgaard appointed director
  • Michael Hammer stepped down as director
20081 changeindustry 1
  • Industry changed to Retail sale of clothing (477110)
20071 changeaddress 1
  • Moved to Hjortevej 9, 8653 Them
20061 changeaddress 1
  • Moved to Hjortevej 9, 8653 Them
20055 changesaddress 1 · founded 1 · management 3
  • Moved to Narvikvej 103, 8600 Silkeborg
  • Registered as GOZZIP A/S
  • Lotte Lindgren appointed board member
  • Michael Hammer appointed director
  • Arne Spicer Lindgren appointed chair of the board

Related companies

Same industry in Ikast-Brande

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Same people in management

Largest in the industry

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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.

View in CVRReport a correction