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Schultz Seating Group A/S

Public limited companyCVR 16875996GaltenActive

Schultz Seating Group A/S is a public limited company, based in Galten, active in manufacture of locks and hinges, founded in 1993. Measured by gross profit, it ranks no. 4 of 21 companies in the industry in the database. The company made a loss in both 2024 and 2025, most recently DKK 18.1m. Equity fell to DKK 7.1m in 2025.

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Key figures · financial year 2025

RevenueDKK 71.4m−13.9% vs. 2024
Net profit−DKK 18.1m−9.7% vs. 2024
EquityDKK 7.1m−71.5% vs. 2024
Employees6latest month from CVR

What has changed

calculated from recorded figures and dates

Financials: 2025 against 2024

  • Gross profit fell 9% (2024 → 2025), to DKK 26m.
  • Revenue fell 14% (2024 → 2025), to DKK 71.4m.
  • The loss grew: from DKK 16.5m to DKK 18.1m (2024 → 2025).
  • Equity fell 71% (2024 → 2025), to DKK 7.1m.

Employees

  • 10 fewer employees than a year earlier: 6 (08/2026) against 16 (08/2025).

Registrations, last 24 months

  • 20/05/2026: Merger registered in CVR

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 20m−DKK 10mDKK 0DKK 10mDKK 20mDKK 30mDKK 40m202020212022202320242025
EquityNet profit
Financial figures for Schultz Seating Group A/S
202020212022202320242025Change
Revenuenot statednot stated137,364110,92382,91571,373−13.9%
Gross profit14,05714,66259,63448,27728,58626,013−9%
Operating profit (EBIT)1,8472,1479,571−1,922−14,850−15,701−5.7%
Profit before tax2,7134,7128,560−2,893−17,626−18,656−5.8%
Net profit2,3294,0286,262−2,561−16,481−18,078−9.7%
Total assets63,55864,804114,780104,48098,20175,191−23.4%
Equity31,86435,32142,61240,64324,8787,093−71.5%
Liabilities31,69429,48371,07662,77772,71668,098−6.4%
Cash and cash equivalents1897375,2545,3495,3765,037−6.3%
Average number of employees2425336319246218−11.4%

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

DKK 0DKK 10mDKK 20mDKK 30mDKK 40mDKK 50mDKK 60m202020212022202320242025
Gross profitMedian, the industry (21 companies)

Signals from the financial statements

calculated from the 2025 figures

  • Loss for 3 years in a row

    Net result has been negative in 2023–2025.

    How is this calculated?

    Net result is negative in the two or more latest annual reports in a row.

  • Equity fell sharply

    Equity fell 71% from 2024 to 2025 (DKK 24.9m to DKK 7.1m).

    How is this calculated?

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

  • Low equity ratio

    Equity makes up 9% of total assets in 2025.

    How is this calculated?

    Equity ÷ total assets is below 10% in the latest annual report. Banks, insurers and some industries naturally have a low ratio.

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 Schultz Seating Group A/S
Financial yearPeriodPublishedFigures forDocuments
202501/05/2024 – 30/04/202528/11/2025The groupPDF not statedXBRL
202401/05/2023 – 30/04/202411/11/2024The groupPDFXBRL
202301/05/2022 – 30/04/202331/10/2023The groupPDFXBRL
202201/05/2021 – 30/04/202226/09/2022The groupPDFXBRL
202101/05/2020 – 30/04/202130/09/2021The companyPDFXBRL
202001/05/2019 – 30/04/202011/10/2020The 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

21 companies in the database

Comparison with the other companies in manufacture of locks and hinges based on the latest financial year.

Gross profitDKK 26mNo. 4 of 21
Better than 85% of the companies in the industry
EquityDKK 7.1mNo. 8 of 21
Better than 65% of the companies in the industry
Number of employees6No. 1 of 21
Better than 100% of the companies in the industry

Industry median: gross profit DKK 3m, net profit DKK 312k, equity DKK 1.6m, 4 employees.

DKK 256kDKK 1mDKK 4.1mDKK 16.2mDKK 40.8mHere
Distribution of gross profit for 20 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. 1,051of 69,742
Better than 98%
No. 11,359of 69,964
Better than 84%
Same industry and fewer than 20 employees16 companies in the comparison
No. 1of 16
Better than 100%
No. 3of 16
Better than 87%
Companies that are at least 30 years old10,276 companies in the comparison
No. 2,337of 10,152
Better than 77%
No. 5,491of 10,275
Better than 47%
All companies of type A/S18,025 companies in the comparison
No. 4,875of 17,786
Better than 73%
No. 10,122of 18,024
Better than 44%

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

Manufacture of locks and hinges
Gross profit
  1. Schultz Seating Group A/SDKK 26m
  2. A/S J. Petersens Beslagfabrik. NibeDKK 64.7m
  3. Simpson Strong-tie A/SDKK 51.5m
Net profit
  1. Schultz Seating Group A/S−DKK 18.1m
  2. A/S J. Petersens Beslagfabrik. Nibe−DKK 6.9m
  3. Simpson Strong-tie A/SDKK 9.6m
Equity
  1. Schultz Seating Group A/SDKK 7.1m
  2. A/S J. Petersens Beslagfabrik. NibeDKK 49.4m
  3. Simpson Strong-tie A/SDKK 86.8m
Employees
  1. Schultz Seating Group A/S6
  2. A/S J. Petersens Beslagfabrik. Nibe183
  3. Simpson Strong-tie A/S95

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
  • Schultz Seating Holding ApS100%
Schultz Seating Group A/S

Management

4 active registrations

Executive management

Executive management at Schultz Seating Group A/S
NameRoleAppointed
Ole Søren NebbegaardCEO22/12/2011

Board of directors

Board of directors at Schultz Seating Group A/S
NameRoleAppointed
Kristian Maan TokkesdalChair of the board08/10/2014
Anders Nørgaard KierBoard member08/10/2014
Sanne Birk NebbegaardBoard member01/10/2017
Founders
ApS Jørgen Schultz Christensen. Galten, Jsc Invest ApS, Jsc Finans ApS
Former management (13)
Former management at Schultz Seating Group A/S
NameRoleAppointedResigned
Lissi Lundkvist ChristensenChair of the board14/04/199321/02/2000
Birgit MadsenBoard member14/04/199312/10/1993
Kristian MøllerBoard member14/04/199329/08/2005
Carsten MøllerBoard member14/04/199321/06/1999
Ole Søren NebbegaardBoard member21/06/199922/12/2011
Jørgen Schultz ChristensenDirector08/03/200008/03/2000
Ole Lundkvist AndreasenBoard member29/08/200521/09/2009
Allan Hvidbjerg LaxbyBoard member21/09/200922/12/2011
Jens Aage JerslevChair of the board22/12/201108/10/2014
Poul Kristian MouritsenBoard member22/12/201108/10/2014
Jørgen Schultz ChristensenBoard member22/12/201108/10/2014
Ditte Birk NebbegaardBoard member08/10/201430/09/2017
Alis Sindbjerg HinrichsenBoard member26/09/201901/07/2020

Signing rule: Selskabet tegnes af den administrerende direktør eller af den samlede bestyrelse

Address and production units

1 active production units

Røddikvej 72
8464 Galten

Skanderborg Municipality · Postcode 8464

Production units
Production unitAddressEmployeesP number
SCHULTZ SEATING GROUP A/SRøddikvej 72, 8464 Galten61001175971

Purpose

Selskabets formål er at drive fabrikation og udvikling indenfor møbelindustrien, handel og finansiering samt anden dermed i forbindelse stående virksomhed efter bestyrelsens skøn

The purpose is quoted from the register in Danish.

Changes year by year

46 registered events
20261 changemerger 1
  • Merger registered in CVR
20251 changeaccounts 1
  • Annual report for 2025 published
20241 changeaccounts 1
  • Annual report for 2024 published
20231 changeaccounts 1
  • Annual report for 2023 published
20222 changesname 1 · accounts 1
  • Name changed from SCHULTZ SEATING DENMARK A/S to SCHULTZ SEATING GROUP A/S
  • Annual report for 2022 published
20211 changeaccounts 1
  • Annual report for 2021 published
20202 changesaccounts 1 · management 1
  • Annual report for 2020 published
  • Alis Sindbjerg Hinrichsen stepped down as board member
20191 changemanagement 1
  • Alis Sindbjerg Hinrichsen appointed board member
20172 changesmanagement 2
  • Sanne Birk Nebbegaard appointed board member
  • Ditte Birk Nebbegaard stepped down as board member
20146 changesmanagement 6
  • Ditte Birk Nebbegaard appointed board member
  • Anders Nørgaard Kier appointed board member
  • Kristian Maan Tokkesdal appointed chair of the board
  • Jens Aage Jerslev stepped down as chair of the board
  • Poul Kristian Mouritsen stepped down as board member
  • Jørgen Schultz Christensen stepped down as board member
20121 changename 1
  • Name changed from SCHULTZ SEATING SYSTEM A/S to SCHULTZ SEATING DENMARK A/S
20116 changesmanagement 6
  • Jens Aage Jerslev appointed chair of the board
  • Poul Kristian Mouritsen appointed board member
  • Jørgen Schultz Christensen appointed board member
  • Ole Søren Nebbegaard appointed ceo
  • Allan Hvidbjerg Laxby stepped down as board member
  • Ole Søren Nebbegaard stepped down as board member
20092 changesmanagement 2
  • Allan Hvidbjerg Laxby appointed board member
  • Ole Lundkvist Andreasen stepped down as board member
20081 changeindustry 1
  • Industry changed to Fremstilling af låse og hængsler (257200)
20071 changeaddress 1
  • Moved to Røddikvej 72, 8464 Galten
20053 changesmanagement 2 · name 1
  • Ole Lundkvist Andreasen appointed board member
  • Kristian Møller stepped down as board member
  • Name changed from A/S P. SCHULTZ & CO MASKINFABRIK to SCHULTZ SEATING SYSTEM A/S
20022 changesownership 1 · industry 1
  • SCHULTZ SEATING HOLDING ApS registered as owner (100%)
  • Industry changed to Fremstilling af metalbeslag (286320)
20003 changesmanagement 3
  • Jørgen Schultz Christensen appointed director
  • Jørgen Schultz Christensen stepped down as director
  • Lissi Lundkvist Christensen stepped down as chair of the board
19992 changesmanagement 2
  • Ole Søren Nebbegaard appointed board member
  • Carsten Møller stepped down as board member
19937 changesname 1 · management 5 · founded 1
  • Name changed from JSC-3.001 A/S to A/S P. SCHULTZ & CO MASKINFABRIK
  • Birgit Madsen stepped down as board member
  • Registered as JSC-3.001 A/S
  • Lissi Lundkvist Christensen appointed chair of the board
  • Kristian Møller appointed board member
  • Birgit Madsen appointed board member
  • Carsten Møller appointed board member

Related companies

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.

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