Spencer Stuart International P/S
Partnership limited by sharesCVR 34058113København KActive
Spencer Stuart International P/S is a partnership limited by shares, based in København K, active in activities of employment placement agencies, founded in 2011. After a loss in 2024, the company made a profit of DKK 7.6m in 2025. Measured by gross profit, it ranks no. 4 of 116 companies in the industry in the database. With 22 employees, the company is about 6 times larger than the industry median.
Key figures · financial year 2025
Gross profitDKK 45.8m+64.7% vs. 2024
Net profitDKK 7.6m+360.6% vs. 2024
EquityDKK 22m+52.8% vs. 2024
Employees22latest month from CVR
What has changed
calculated from recorded figures and datesFinancials: 2025 against 2024
- Gross profit rose 65% (2024 → 2025), to DKK 45.8m.
- Net profit went from a loss of DKK 2.9m to a profit of DKK 7.6m (2024 → 2025).
- Equity rose 53% (2024 → 2025), to DKK 22m.
Employees
- 4 more employees than a year earlier: 22 (08/2026) against 18 (08/2025).
Management and owners, last 24 months
- New in management: Luigi Paro (board member, 24/06/2025).
- Stepped down: Marco Aurelio Gusti (board member, 24/06/2025).
- No longer registered as owner: Scott Thomas McClure (31/12/2024) and Thomas Barlebo (31/12/2024).
Registrations, last 24 months
- 29/01/2026: Moved to Store Strandstræde 21, 4, 1255 København K
- 01/01/2025: Industry changed to Activities of employment placement agencies (781000)
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 thousandEquity and net profit
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change | |
|---|---|---|---|---|---|---|---|
| Revenue | not stated | not stated | not stated | not stated | not stated | not stated | – |
| Gross profit | 45,212 | 41,221 | 30,486 | 23,158 | 27,785 | 45,776 | +64.7% |
| Operating profit (EBIT) | 1,545 | 1,312 | −647 | −1,930 | −2,744 | 7,734 | +381.8% |
| Profit before tax | – | – | – | −3,072 | −2,924 | 7,618 | +360.6% |
| Net profit | 1,209 | 1,073 | 302 | −3,072 | −2,924 | 7,618 | +360.6% |
| Total assets | 45,414 | 54,258 | 30,979 | 31,325 | 38,579 | 61,331 | +59% |
| Equity | 19,042 | 20,115 | 20,417 | 17,344 | 14,421 | 22,038 | +52.8% |
| Liabilities | 26,372 | 34,143 | 10,562 | 13,980 | 24,158 | 39,293 | +62.6% |
| Cash and cash equivalents | 16,707 | 37,071 | 12,819 | 11,856 | 13,622 | 16,184 | +18.8% |
| Average number of employees | 23 | 22 | 17 | 13 | 9 | 13 | +44.4% |
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
Annual reports
6 financial years| Financial year | Period | Published | Figures for | Documents |
|---|---|---|---|---|
| 2025 | 01/10/2024 – 30/09/2025 | 26/02/2026 | The company | PDF not statedXBRL |
| 2024 | 01/10/2023 – 30/09/2024 | 02/05/2025 | The company | PDFXBRL |
| 2023 | 01/10/2022 – 30/09/2023 | 26/04/2024 | The company | PDFXBRL |
| 2022 | 01/10/2021 – 30/09/2022 | 28/02/2023 | The company | PDFXBRL |
| 2021 | 01/10/2020 – 30/09/2021 | 25/02/2022 | The company | PDFXBRL |
| 2020 | 01/10/2019 – 30/09/2020 | 26/02/2021 | The company | PDFXBRL |
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 CVRPosition in the industry
119 companies in the databaseComparison with the other companies in activities of employment placement agencies based on the latest financial year.
Gross profitDKK 45.8mNo. 4 of 116
Better than 97% of the companies in the industry
EquityDKK 22mNo. 4 of 119
Better than 97% of the companies in the industry
Number of employees22No. 21 of 119
Better than 83% of the companies in the industry
Industry median: gross profit DKK 3.3m, net profit DKK 110k, equity DKK 715k, 4 employees.
Compared with similar companies
size, age and company form| Group | Gross profit | Equity |
|---|---|---|
| Companies with 20–49 employees9,922 companies in the comparison | No. 523of 9,892 Better than 95% | No. 1,591of 9,922 Better than 84% |
| Same industry and 20–49 employees13 companies in the comparison | No. 3of 13 Better than 83% | No. 1of 13 Better than 100% |
| Companies that are between 5 and 14 years old33,688 companies in the comparison | No. 772of 33,588 Better than 98% | No. 2,155of 33,687 Better than 94% |
| All companies of type KAS496 companies in the comparison | No. 81of 479 Better than 83% | No. 115of 496 Better than 77% |
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
Activities of employment placement agenciesGross profit
- Spencer Stuart International P/SDKK 45.8m
- Oradeo ApSDKK 79.8m
- Heidrick & Struggles A/SDKK 63.6m
Net profit
- Spencer Stuart International P/SDKK 7.6m
- Oradeo ApSDKK 1.3m
- Heidrick & Struggles A/S−DKK 4.3m
Equity
- Spencer Stuart International P/SDKK 22m
- Oradeo ApSDKK 10.8m
- Heidrick & Struggles A/SDKK 19.6m
Employees
- Spencer Stuart International P/S22
- Oradeo ApS119
- Heidrick & Struggles A/S31
Latest financial year per company. Choose up to three companies from the largest in the industry.
Owners and group
from the Public Ownership RegisterOwners
- Petra Margareta Ellegaard Helfferich5%
- Spencer Stuart Int. ApS66.67%
- Kai Peter David Thorngård Hammerich5%
Spencer Stuart International P/S
Management
4 active registrationsExecutive management
| Name | Role | Appointed |
|---|---|---|
| Petra Margareta Ellegaard Helfferich | Director | 01/10/2021 |
Board of directors
| Name | Role | Appointed |
|---|---|---|
| Elias Nevarez | Board member | 05/12/2022 |
| Kai Peter David Thorngård Hammerich | Board member | 29/09/2023 |
| Luigi Paro | Board member | 24/06/2025 |
- Auditor
- Grant Thornton, Godkendt Revisionspartnerselskab
- Founders
- Spencer Stuart Int. ApS
Former management (13)
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| Tobias Petri | Chair of the board | 23/11/2011 | 01/03/2012 |
| Richard Michael Kurkowski | Board member | 23/11/2011 | 21/04/2016 |
| Kåre Sand | Director | 01/03/2012 | 31/05/2022 |
| Michael Vad | Board member | 01/03/2012 | 04/04/2022 |
| Michael Vad | CEO | 01/03/2012 | 04/04/2022 |
| Tobias Petri | Director | 01/03/2012 | 07/02/2020 |
| James Mark Ptarmigan Douglas Stroyan | Chair of the board | 01/03/2012 | 28/02/2013 |
| Keith Michael Winter | Board member | 28/02/2014 | 05/12/2022 |
| Valerie Harper | Board member | 21/04/2016 | 05/12/2022 |
| Mette de Lannoy Wynn Aagaard | Director | 07/02/2020 | 30/11/2022 |
| Frederik Christian Gjessing Vinten | Director | 01/01/2021 | 31/01/2023 |
| Niels Rune Jörgensen | Chair of the board | 05/12/2022 | 29/09/2023 |
| Marco Aurelio Gusti | Board member | 05/12/2022 | 24/06/2025 |
Signing rule: Selskabet tegnes af den samlede bestyrelse eller af komplementaren.
Address and production units
1 active production unitsStore Strandstræde 21
1255 København K
| Production unit | Address | Employees | P number |
|---|---|---|---|
| SPENCER STUART INTERNATIONAL P/S | Store Strandstræde 21, 4, 1255 København K | 22 | 1017287547 |
Purpose
Selskabets formål er at udøve virksomhed med management rekruttering og konsulent ydelser samt enhver hermed beslægtet virksomhed.
The purpose is quoted from the register in Danish.
Changes year by year
71 registered events32015
22016
02017
32018
02019
52020
52021
132022
102023
42024
42025
22026
20262 changesaccounts 1 · address 1
- AccountsAnnual report for 2025 published
- AddressMoved to Store Strandstræde 21, 4, 1255 København K
20254 changesmanagement 2 · accounts 1 · industry 1
- ManagementLuigi Paro appointed board member
- ManagementMarco Aurelio Gusti stepped down as board member
- AccountsAnnual report for 2024 published
- IndustryIndustry changed to Activities of employment placement agencies (781000)
20244 changesownership 3 · accounts 1
- OwnershipThomas Barlebo is no longer registered as owner
- OwnershipScott Thomas McClure is no longer registered as owner
- OwnershipThomas Barlebo registered as owner (5%)
- AccountsAnnual report for 2023 published
202310 changesownership 5 · management 3 · address 1 · accounts 1
- OwnershipScott Thomas McClure registered as owner (5%)
- ManagementKai Peter David Thorngård Hammerich appointed board member
- ManagementNiels Rune Jörgensen stepped down as chair of the board
- AddressMoved to Havnegade 25, 1, 1058 København K
- OwnershipKai Peter David Thorngård Hammerich registered as owner (5%)
- AccountsAnnual report for 2022 published
- ManagementFrederik Christian Gjessing Vinten stepped down as director
- OwnershipSPENCER STUART INT. ApS registered as owner (66.67%)
- OwnershipFrederik Christian Gjessing Vinten is no longer registered as owner
- OwnershipSPENCER STUART INT. ApS is no longer registered as owner
202213 changesmanagement 9 · ownership 3 · accounts 1
- ManagementNiels Rune Jörgensen appointed chair of the board
- ManagementElias Nevarez appointed board member
- ManagementMarco Aurelio Gusti appointed board member
- ManagementValerie Harper stepped down as board member
- ManagementKeith Michael Winter stepped down as board member
- ManagementMette de Lannoy Wynn Aagaard stepped down as director
- OwnershipMette de Lannoy Wynn Aagaard is no longer registered as owner
- OwnershipKåre Sand is no longer registered as owner
- ManagementKåre Sand stepped down as director
- ManagementMichael Vad stepped down as ceo
- ManagementMichael Vad stepped down as board member
- OwnershipMichael Vad is no longer registered as owner
- AccountsAnnual report for 2021 published
20215 changesmanagement 2 · ownership 2 · accounts 1
- ManagementPetra Margareta Ellegaard Helfferich appointed director
- OwnershipPetra Margareta Ellegaard Helfferich registered as owner (5%)
- AccountsAnnual report for 2020 published
- ManagementFrederik Christian Gjessing Vinten appointed director
- OwnershipFrederik Christian Gjessing Vinten registered as owner (5%)
20205 changesownership 3 · management 2
- OwnershipSPENCER STUART INT. ApS registered as owner (66.67%)
- OwnershipSPENCER STUART INT. ApS is no longer registered as owner
- ManagementMette de Lannoy Wynn Aagaard appointed director
- ManagementTobias Petri stepped down as director
- OwnershipTobias Petri is no longer registered as owner
20183 changesownership 3
- OwnershipSPENCER STUART INT. ApS registered as owner (66.67%)
- OwnershipAlexandra Frances Elisabeth Kronborg is no longer registered as owner
- OwnershipSPENCER STUART INT. ApS is no longer registered as owner
20162 changesmanagement 2
- ManagementValerie Harper appointed board member
- ManagementRichard Michael Kurkowski stepped down as board member
20153 changescapital 1 · ownership 2
- CapitalShare capital changed from 500,000 DKK to 560,000 DKK
- OwnershipAlexandra Frances Elisabeth Kronborg registered as owner (5%)
- OwnershipMette de Lannoy Wynn Aagaard registered as owner (5%)
20145 changesownership 4 · management 1
- OwnershipAlexandra Frances Elisabeth Kronborg is no longer registered as owner
- OwnershipMette de Lannoy Wynn Aagaard is no longer registered as owner
- OwnershipAlexandra Frances Elisabeth Kronborg registered as owner (5%)
- OwnershipMette de Lannoy Wynn Aagaard registered as owner (5%)
- ManagementKeith Michael Winter appointed board member
20131 changemanagement 1
- ManagementJames Mark Ptarmigan Douglas Stroyan stepped down as chair of the board
201210 changesaddress 1 · management 6 · ownership 3
- AddressMoved to Hammerensgade 1, 3, 1267 København K
- ManagementKåre Sand appointed director
- ManagementJames Mark Ptarmigan Douglas Stroyan appointed chair of the board
- ManagementTobias Petri appointed director
- ManagementMichael Vad appointed ceo
- ManagementMichael Vad appointed board member
- ManagementTobias Petri stepped down as chair of the board
- OwnershipMichael Vad registered as owner (5%)
- OwnershipTobias Petri registered as owner (5%)
- OwnershipKåre Sand registered as owner (5%)
20114 changesfounded 1 · management 2 · ownership 1
- FoundedRegistered as SPENCER STUART INTERNATIONAL P/S
- ManagementRichard Michael Kurkowski appointed board member
- ManagementTobias Petri appointed chair of the board
- OwnershipSPENCER STUART INT. ApS registered as owner (66.67%)
Related companies
Same industry in København
- Oradeo ApS119 employees
- Scoop Models Of Copenhagen ApS51 employees
- Right People Group ApS42 employees
- indsats ApS41 employees
- Folks ApS35 employees
- Heidrick & Struggles A/S31 employees
Same people in management
- Danske Bank A/Svia Frederik Christian Gjessing Vinten
- Deloitte Statsautoriseret Revisionspartnerselskabvia Michael Vad
- Lindhardt og Ringhof Forlag A/Svia Michael Vad
- AGF A/Svia Michael Vad
- Kunde & Co. A/Svia Kai Peter David Thorngård Hammerich
- Deltek Danmark A/Svia Kai Peter David Thorngård Hammerich
Largest in the industry
- Oradeo ApSDKK 79.8m
- Heidrick & Struggles A/SDKK 63.6m
- Egon Zehnder P/SDKK 60.4m
- Mercuri Urval A/SDKK 34.1m
- Amrop P/SDKK 33.5m
- Job2sea ApSDKK 30.9m
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.